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At the handover ceremony (Photo: VNA) Hanoi (VNA) – The Global Civic Sharing (GCS) organisation of the Republic of Korea (RoK) on January 20 presented a computer lab worth 550 million VND (24,300 USD) to Lien Chau secondary school in Hanoi’s Thanh Oai district, on the occasion of the 30th founding anniversary of the Vietnam-RoK diplomatic ties. It is part of a project backed by the Seoul Guarantee Insurance Company (SGI), aiming at improving conditions for Vietnamese students. The lab comprises 35 computers, printers and Internet connection. The SGI Dream Class project strives to build computer labs at disadvantaged schools in Vietnam, enabling them to access information and technologies. Speaking at the handover ceremony, Representative of GCS Vietnam Office Choi Eun-gyo said numerous small- and medium-sized enterprises (SMEs) of the RoK wish to support the Vietnamese people. He spoke highly of the efforts by the Hanoi Union of Friendship Organisations (HAUFO) in … [Read more...] about RoK organisation presents computer lab to Hanoi students

Under the deal, VKBIA and Yongpyung Resort will co-organize various culture and trade promotion events between Vietnam and the RoK, expand opportunities for cooperation and investment from each other’s members and partners, establish social support programmes, and foster tourism, cultural exchanges and market connection between the two countries, and in Southeast and Northeast Asia at large. The VKBIA and its local chapters have been very active across both Vietnam and the RoK. The association aims to provide the best environment for connecting and exchanging information among the two countries’ enterprises, business leaders, experts and intellectuals; and enhance partnership with other associations and organizations in both sides and third countries, remarked VKBIA Chairman Dr. Tran Hai Linh at the signing ceremony. Vietnam and the RoK are celebrating the 30th anniversary of their diplomatic ties this year (December 22, 1992 – 2022). The RoK is currently Vietnam’s largest FDI … [Read more...] about Vietnam, RoK businesses boost cooperation in tourism, economic recovery

At a reception for Director General of Samsung Vietnam Complex Choi Joo-ho in Hanoi, the PM said Samsung’s investment is evidence of the fruitful development of the strategic cooperative partnership between Vietnam and the Republic of Korea (RoK). He lauded the group’s performance amid the COVID-19 pandemic, with its cumulative turnover increasing 14 percent in 2021 as compared with the previous year to hit over 74 billion USD. PM Chinh appreciated Samsung’s consideration of Vietnam a destination for its long-term investment, noting its projects are among the FDI projects that are being rolled out quickly in the Southeast Asian nation. Samsung’s research and development center, the biggest of its kind in Southeast Asia under construction in Hanoi, is expected to support Vietnamese firms and raise the locally-made content, he said. The Government views Samsung as an investment model in Vietnam, and stands ready to help the group seek the best suitable destination for its … [Read more...] about Vietnam backs Samsung’s operational expansion: PM

Head coach Mai Duc Chung speaks at the press conference. (Photo courtesy of Vietnam Football Federation) New Delhi – The women’s football team of Vietnam will compete in the 2022 Asian Football Confederation (AFC) Women’s Asian Cup with strong determination and effort, head coach Mai Duc Chung said on January 20. Speaking at a press conference held in India, where the team are gearing up for their match against the Republic of Korea, Chung said that he and the whole team are very happy to once again participate in the 2022 Asian Women’s Football Cup final, and thanked the Organising Committee of the host country India for the warm welcoming of the team. The Vietnamese women’s team are in a group with very strong opponents such as Japan, the Republic of Korea (RoK) and Myanmar, he said, adding “This is unfortunate for us, but as a professional coach with many years of experience in women’s football, I and the team members will keep up our resolve". He also shared with media … [Read more...] about Vietnamese female football team to play with high resolve in Asian Cup final

The trip was organised by South Africa’s Department of International Relations and Cooperation. Ambassador Loi used the occasion to learn about investment opportunities and experience in socio-economic development and tourism in seven districts of the GRDM. GRDM Mayor Memory Booysen said the Garden Route is a well-known site to both domestic and international tourists, adding that tourism, agriculture, trade and finance contribute more than 60 percent of the region's added value. Briefing the mayor and other local leaders on Vietnam’s politico-socio-economic achievements, Loi stressed that the fine political ties and potential and strength of each country have created favorable conditions for the two countries to boost their economic, trade, investment and tourism links in the time ahead. Despite the COVID-19 pandemic, two-way trade has continuously increased, reaching nearly 1.4 billion USD last year, according to the ambassador. Both sides are working to prepare for the … [Read more...] about Vietnam – trustworthy friend of South Africa

A worker operates an excavator to load coal onto a truck at the PT Karya Citra Nusantara (KCN) Port, Marunda, Jakarta, on Wednesday (January 12, 2022). (Photo: ANTARA) Jakarta (VNA) – Indonesia ’s government eased a coal export ban for 139 companies on January 20 after the firms met local market sales requirements aimed at averting a supply crunch and power outrages. Indonesia, the world’s biggest thermal coal exporter, on January1 imposed a month-long export ban without warning, causing jitters in markets and among major importers such as Japan, the Philippines and the Republic of Korea (RoK). The country’s authorities have started a calibrated easing for firms that meet a Domestic Market Obligation (DMO), which was introduced to ward off widespread power outages after local plants reported critically low coal inventories. Authorities have blamed the coal supply saga on poor compliance of the DMO policy, under which coal miners must sell a quarter of their … [Read more...] about Indonesia lifts coal export ban on 139 firms

Chairman of the Municipal People's Committee Phan Van Mai (R) and Ambassador of the Republic of Korea to Vietnam Park Noh Wan (Photo: Viet Dung) This was the statement of Member of the Party Central Committee, Permanent Deputy Secretary of the Ho Chi Minh City Party Committee, Chairman of the Municipal People's Committee Phan Van Mai at a meeting with Ambassador of the Republic of Korea to Vietnam Park Noh Wan on his working trip in the city yesterday afternoon. Amid the blossomed relationship between Vietnam and the Republic of Korea, chairman Mai said that the cooperation relation is being boosted in many fields, including economy and trade. Ho Chi Minh City has had active contributions and benefited from the relationship between the two nations; and currently, the city has established cooperative relationships with many localities of the country. The city leader affirmed that the local authorities would continue to promote the relationship and create favorable working … [Read more...] about Ho Chi Minh City to support cooperation projects with South Korea

A mobile phone assembly line at Samsung Việt Nam's factory. The company’s export value hit $65.5 billion, up 16 per cent on year. — Photo courtesy of the firm HÀ NỘI — Despite difficulties due to COVID-19, Samsung Việt Nam earned US$74.2 billion in revenue last year, up 14 per cent annually. The company’s export value, meanwhile, hit $65.5 billion, up 16 per cent on year, according to its 2021 business report. Samsung Việt Nam attributed the outcomes to its plants’ serious implementation of pandemic prevention and control measures in line with regulations of the Vietnamese Government, particularly after the fourth wave of outbreaks began in late April last year. The company said it received comprehensive support from the Government and the authorities in localities where its factories are located, thus avoiding interruptions to their operation. Also in 2021, over four million Samsung foldable phones were sold worldwide, four times that the volume recorded in 2020. Currently, … [Read more...] about Samsung Việt Nam’s 2021 revenue exceeds US$74.2 billion

A mobile phone assembly line at Samsung Viet Nam's factory. The company’s export value hit $65.5 billion, up 16 per cent on year. — Photo courtesy of the firm Despite difficulties due to COVID-19, Samsung Viet Nam earned US$74.2 billion in revenue last year, up 14 per cent annually. The company’s export value, meanwhile, hit $65.5 billion, up 16 per cent on year, according to its 2021 business report. Samsung Viet Nam attributed the outcomes to its plants’ serious implementation of pandemic prevention and control measures in line with regulations of the Vietnamese Government, particularly after the fourth wave of outbreaks began in late April last year. The company said it received comprehensive support from the Government and the authorities in localities where its factories are located, thus avoiding interruptions to their operation. Also in 2021, over four million Samsung foldable phones were sold worldwide, four times that the volume recorded in 2020. Currently, more … [Read more...] about Samsung Viet Nam’s 2021 revenue exceeds US$74.2 billion

New regulations for domestic travellers Passengers queue up to complete procedures before their flight at the Noi Bai International Airport in Hanoi. The Ministry of Transport (MoT) on January 21 issued a document that adjusted regulations for domestic passengers in the context of high vaccination coverage, aiming to create favourable conditions for citizens to travel, especially during the traditional Lunar New Year festival. Under the new regulations, domestic passengers only have to test negative for SARS-CoV-2 within three days if they live in or travel from “red areas,” which are ranked as level four – the highest level of COVID-19 risk, or from lockdown areas. For children travelling from red zones, the MoT has asked the Ministry of Health for guidance. The MoT has also removed its requirement to test domestic flight crews every seven days. Domestic passengers still have to make medical declarations on the PC-COVID application before their trip. … [Read more...] about VIETNAM NEWS HEADLINES JANUARY 22