The Ministry of Transport is going to reconsider the Yen Vien - Pha Lai - Ha Long - Cai Lan railway project in 2024 after it has been suspended for nearly 20 years due to investment problems. The Yen Vien - Pha Lai - Ha Long - Cai Lan railway project in 2024 after has been suspended for nearly 20 years due to investment problems. The VND7,665 billion (USD326.30 million)-government invested 131-km project started in May 2005, running from Yen Vien Station in Hanoi through Bac Ninh, Hai Duong provinces, and ending at Cai Lan Port in Quang Ninh Province. About 43 kilometres of the 131 km rail track was planned to be newly built while the remaining 88 kilometres would be upgraded from the existing Kep - Ha Long railway line. The project was expected to become a key component in the development of the northern economy, particularly in connecting two corridors and an economic belt between Vietnam and China. Although scheduled to be put into operation in 2011, only … [Read more...] about Hanoi-Quang Ninh railway project under reconsideration
Sakhalin energy project
PM’s visit reflects special ties between Vietnam, Singapore: ambassador
PM Pham Minh Chinh (L) and his Singaporean counterpart Lee Hsien Loong meet on the sidelines of the 40th and 41st ASEAN Summits and related meetings in Phnom Penh, Cambodia, in November 2022. (Photo: VNA) Singapore (VNA) – Vietnamese Ambassador to Singapore Mai Phuoc Dung has highlighted the significance of Prime Minister Pham Minh Chinh’s coming official visit to the city state, the first among many events to be held in both countries to mark the 50th anniversary of their diplomatic ties and 10 years of the strategic partnership. PM Chinh, his spouse, and a high-ranking delegation of Vietnam are paying an official visit to Singapore from February 8 to 10. Dung said the trip follows the mutual visits by the heads of the two states in 2022, reflecting the special mutual political trust and relations between the countries. Looking back on achievements in bilateral relations, he said over the last 50 years, especially since the establishment of the strategic … [Read more...] about PM’s visit reflects special ties between Vietnam, Singapore: ambassador
Vietnam’s economy continues to gain traction: HSBC
Illustrative image (Photo: VNA) Hanoi (VNA) - HSBC experts have predicted that Vietnam's economy will continue to gain traction, despite a less rosy external picture. According to the bank, Vietnam saw a year-on-year increase of 17% in exports in the first six months of 2022, but it will be hard for overseas shipments to meet expectations in the last half of the year. In its "Vietnam at a glance" report released on August 17, the bank said that after impressive export growth in the first half of 2022, a slower-than-expected pace was recorded at the start of the second half. The main cause is a growth slowdown in the electronics industry, especially mobile phones. Samsung's second-quarter results show that demand for consumer electronics is weakening, affecting the smartphone, TV, and other segments. While textile, garment and footwear exports rose sharply, by 30% from a year earlier, the Vietnam Textile and Apparel Association forecast the amount ordered … [Read more...] about Vietnam’s economy continues to gain traction: HSBC
What’s on February 6-12/2023
MUSIC & PERFORMANCES Hanoi-SiaM vol. 22: Aurora Borealis Feb 9, 8 pm Registration link ____________________________________________________________________________ EXHIBITION Quang Binh - Exhibition honouring General Vo Nguyen Giap Until Feb 20, HCMC-Exhibition ‘No more, not yet’ Opening: Feb 3, 06:30 pm EMASI Nam Long, 147 Street No.8, Nam Long Residential area, D7, Display: Feb – June, Wed & Fri, 10 am – 04 pm EMASI Nam Long (D.7) Tues & Thurs, 10 am – 04 pm EMASI Vạn Phúc (D.Thủ Đức) *and every last Saturday of the month From the organizer: Nguyen Art Foundation (NAF) proudly invites you to the opening of ‘No more, not yet’, an exhibition that looks back on Nguyen Thi Thanh Mai’s shapeshifting artistic practice in all its multiplicity. Winner of the Artist Excellence Award (inaugural edition, initiated by The Factory Contemporary Arts Centre and managed by … [Read more...] about What’s on February 6-12/2023
ASEAN Foreign Ministers’ Retreat wraps up
According to Indonesian Foreign Minister Retno Marsudi, the meeting had substantive discussions on key issues, focusing on evaluating the implementation of ASEAN's Five-Point Consensus (5PC) on Myanmar; regional and international issues; and the relations between ASEAN and partners. Regarding Myanmar, Indonesia, as the ASEAN Chair in 2023, mentioned the implementation of 5PC, emphasizing that the consensus has important significance and demonstrates ASEAN's unity in solving issues related to Myanmar. ASEAN Foreign Ministers reaffirmed a unified approach to the implementation of the 5PC in order to settle the political crisis in the bloc’s member nation as well as to ensure humanitarian assistance programs for Myanmar people, especially the Rohingya Muslims. Regarding the theme of the meeting “ASEAN Matters: Epicentrum of Growth,” ASEAN member countries agreed on important contents to push towards positive outcomes, and mobilize resources to develop ASEAN Blue Economy Framework as … [Read more...] about ASEAN Foreign Ministers’ Retreat wraps up
Vietnam attends 26th Meeting of ASEAN Tourism Ministers in Indonesia
Foreigners visit Ho Chi Minh City during the Lunar New Year (Tet) celebration. (Photo: VNA) Jakarta (VNA) – Deputy Minister of Culture, Sports and Tourism Doan Van Viet together with other tourism senior officials in ASEAN countries attended the 26th Meeting of ASEAN Tourism Ministers (M-ATM) that opened on February 4 in Yogyakarta, Indonesia . Participants in the event that is part of the ASEAN Tourism Forum( ATF) 2023 heard a report and gave comments on the results of the 57th meeting of the ASEAN National Tourism Organisations, considered the agenda of M-ATM 3 (ASEAN plus China, Japan, and the Republic of Korea); M-ATM-India and M-ATM -Russia; and attended consultations with international organisations. The meeting also reviewed and approved the Chairman's Statement and 26th meeting of M-ATM Minutes. Speaking at the event, Deputy Minister of Culture, Sports and Tourism Doan Van Viet said that 2022 witnessed a rapid recovery of the regional tourism industry. … [Read more...] about Vietnam attends 26th Meeting of ASEAN Tourism Ministers in Indonesia
PM asks north-central, central coastal regions to create development breakthroughs
Prime Minister Pham Minh Chinh speaks at the conference. (Photo: VNA) Binh Dinh (VNA) – Prime Minister Pham Minh Chinh urged the north-central and central coastal regions to create more breakthroughs in development to match their potential and advantages while addressing a conference in Quy Nhon city, Binh Dinh province, on February 5. The conference touched upon the implementation of the Government’s action plan to materialise the Politburo’s Resolution No. 26-NQ/TW dated November 3, 2022 on orientations for socio-economic development and national defence and security in the two regions by 2030 with a vision towards 2045. It was also intended to promote investment in the regions with the theme of “Linkage - Breakthroughs from maritime economy - Rapid, sustainable development.” The regions hold strategic positions and roles of special significance in terms of economy, especially maritime economy, politics, culture, social affairs, environment, external relations, … [Read more...] about PM asks north-central, central coastal regions to create development breakthroughs
Great chance for Vietnam navigate to Web 3.0: Experts
Great chances for Vietnam to switch to Web 3.0 (Source: netweb.vn) Hanoi (VNA) – As more information technology businesses invest resources into Web 3.0, coupled with the large number of users and coders, Vietnam sees great opportunities in the blockchain market in the Southeast Asian region, say experts. Web 3.0 was born from the natural evolution of older generation Web tools combined with advanced technologies such as artificial intelligence (AI), blockchain, and the connection between users and the Internet. In other words, Web 3.0 is an upgrade to its predecessors: Web 1.0 and 2.0. In recent years, foreign investors have flocked to Vietnam and established investment funds specialising in blockchain. Capital inflows into non-fungible token (NFT) assets also skyrocketed from 37 million USD to 4.8 billion USD in 2021, Finder reported. Experts explained that Vietnam has about 5.9 million people, or 6.1% of the population, who have exposure to blockchain-enabled … [Read more...] about Great chance for Vietnam navigate to Web 3.0: Experts
2022 Vietnam Artificial Intelligence Day opens in Hanoi
AI4VN has been an annual programme organised by the Ministry of Science and Technology since 2018 (Photo: VietnnamPlus) Hanoi (VNA) - The 2022 Vietnam Artificial Intelligence Day (AI4VN), themed “AI – Recovering the economy , shaping the future”, began in Hanoi on September 23. The forum was expected to serve as a venue for participants to share stories, and propose solutions to contribute to creating motivation for developing the AI ecosystem in Vietnam. This was also a good chance for the community to understand more about the application perspective to see how AI technology has changed people's lives. At the event, Deputy Prime Minister Vu Duc Dam said AI4VN 2022 introduces artificial intelligence products from not only big and reputable enterprises but also small businesses, adding that this shows that technology will greatly change lives now and in the future. He stressed that Vietnam needs to make more efforts in the process of applying artificial intelligence … [Read more...] about 2022 Vietnam Artificial Intelligence Day opens in Hanoi
Nestlé recognised in Bloomberg Gender-Equality Index for fifth consecutive year
NESCAFE Plan has contributed to improving farmers’ income and enhanced the role and status of women. Nestle has been recognised in the 2023 Bloomberg Gender-Equality Index for its efforts to promote gender equality in the company and its value chain. — Photo courtesy of Nestle With its efforts to promote gender equality in the workplace and its value chain, Nestle has been recognised in the 2023 Bloomberg Gender-Equality Index (GEI) for the fifth consecutive year. The GEI measures gender equality in over 70 metrics across five pillars - leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment policies, and gender equality outside the company). The company scored 78.5 per cent, above the average index score of 73 per cent. "We are pleased our efforts to advance gender balance in our workforce and empower women across our value chain have been recognised once again. We strongly believe that taking action to ensure women's equal … [Read more...] about Nestlé recognised in Bloomberg Gender-Equality Index for fifth consecutive year