Second coming 2022

A performance of the Gute Gute band from Israel attracts a large audience. (Photo: VNA) Thua Thien-Hue (VNA ) – Performances of the eight domestic and foreign art troupes on June 26 created a distinctive feature at the ongoing week-long Hue Festival 2022 in the ancient capital of the same name. The art troupe from the Central Highland province of Dak Lak brought in songs and dances honouring the beauty of mountainous areas, reflecting the aspiration and strength of the people who want to conquer heaven, earth and nature. Night performance s by domestic and foreign art troupes , which take place from 7.30 to 9.30pm every day, will last until June 29, admission is free. The new feature of the event is that the performances are held in the open air so audiences can enjoy and join in at the same time. The Hue Festival 2022 runs from June 25-30 with eight major programmes and many sidelines events in various locations along the city's famous Huong River./. VNA … [Read more...] about Night performances create distinctive feature at Hue Festival 2022

Cashew exports reduced both in volume and value in the first five months of the year. — Photo congthuong.vn Viet Nam’s cashew exports reduced significantly in both volume and value in the first months of the year, exports for the entire year are forecast to be lower than last year, according to the Viet Nam Cashew Association (Vinacas). Speaking at a meeting to review the industry’s performance in the first half of the year and set plans for the latter half, Tran Van Hiep, Vinacas’ deputy chairman, said cashew exports in the first five months fell by 7.81 per cent in volume and 6.81 per cent in value to 206,111 tonnes and US$1.19 billion, respectively. The average export price was about $5,792 per tonne, up 1.45 per cent over the same period in 2021. Enterprises imported about 968,000 tonnes of raw cashew nuts from abroad worth nearly $1.4 billion, down 35.24 per cent in volume and 37.84 per cent in value in the first five months. But the price of raw cashews imported from … [Read more...] about Cashew exports to slow in 2022 amid global inflation, Russia sanctions

As the first step in the airline's cooperation commitments with the city, the routes will link the Da Nang with Singapore, Busan of the RoK, and five cities of Indian - New Delhi, Mumbai, Hyderabad, Ahmedabad and Bangalore. They will operate from July, with four to seven return flights per week, meeting the demand for tourism, trade, investment, and visiting relatives. Vietjet Vice President Nguyen Thanh Son said, "Da Nang is one of the most attractive destinations for international tourists in Vietnam. Vietjet has transported nearly 22 million passengers from/to Da Nang until now, currently operated eight domestic and five international routes flying from/to Da Nang. Vietjet believes that the new routes announced today will continue to contribute to opening more opportunities, promoting economic, trade and business investment between Da Nang city and other cities, countries in the region." At the event, Vietjet signed a Memorandum of Understanding on a five-year strategic … [Read more...] about Vietjet launches 7 new international routes at Da Nang Investment Forum 2022

The Vietnam Circular Economy Forum 2022 illustrates the efforts of key stakeholders to establish a circular economy for sustainable development in Vietnam The forum is organised by the Ministry of Natural Resources and Environment in collaboration with relevant agencies. It welcomes nearly 500 delegates, which are representatives of ministries, municipalities, foreign embassies, international organisations, as well as research and educational institutes. The event’s purpose is to examine feasible circular economic (CE) models for Vietnam in light of the finest regional and global practices. In addition, it will specify the procedures, policies, and financial resources necessary to foster CE in the country. According to the Asian Development Bank Institute (ADBI), developing Asia's ongoing reliance on fossil fuels and raw materials for manufacturing continues to strain already vulnerable ecosystems. Vietnam has the second-highest levels of air pollution in Southeast Asia in … [Read more...] about Vietnam’s ministries and private sector sit down on circular economy talk

Marcel Schröder, Economist, Economic Research and Regional Cooperation Department Asian Development Bank At the beginning of the conflict, the crude oil price breached $130 per barrel in March, the highest since 2008. Since then, it retreated to about $100 in April, before rising again to $120 following the European Union’s partial ban on Russian oil in May. Some worry that the oil price could spike to $200 per barrel in the coming months and how such a shock would impact the economic prospects of Asia’s developing countries. While many institutions, including ours, project a significantly higher oil price in 2022 compared with 2021, these predictions do not foresee $200 per barrel because they attach a low probability of a sudden shock to the global oil supply. A sudden shock is unlikely given the EU’s decision to gradually phase out Russian oil imports by the end of 2022, allowing an orderly transition to alternative supplies and keeping prices stable and affordable for … [Read more...] about Additional oil spike impacts cannot be ruled out

The goal is to ensure a consistent reporting system from the grassroots to city-level agencies, which helps save time and cost for all parties involved. Hanoi is scheduled to pilot a real-time reporting system in the third quarter of this year, as the city looks to further enhance transparency and efficiency in state governance. Locals proceed with administrative procedures at the city's agencies. File photo. The move was revealed in the city’s plan No.173 on the development and management of Hanoi’s reporting system in the 2022-2025 period. In the first phase, Hanoi would start piloting the reporting system for socio-economic issues in several departments, units, districts, and wards in the city during the third quarter of this year. In the second phase (fourth quarter of 2022), the reporting system is set to be adopted by all units of the city’s apparatus, targeting 100% of socio-economic reports in the city delivered through the reporting system. In … [Read more...] about Hanoi to pilot real-time reporting system in Q3

Famous specialist on Southeast Asia Carl Thayer said Vietnam was entirely justified under international law in exercising self-defense against the Khmer Rouge who first attacked Vietnamese island territories in 1975. Vietnam and Cambodia celebrated the 55th anniversary of diplomatic relations on June 24, 2022. On this occasion, Emeritus Professor at the University of New South Wales (UNSW), Canberra Carl Thayer wrote to The Hanoi Times his insights into the relations between the two neighboring countries. The 55th anniversary of diplomatic ties between Vietnam and Cambodia celebrated in Hanoi on June 24. Photo: Baoquocte In 1967 the war in Vietnam was escalating as the United States poured more ground troops into South Vietnam and sought to interdict the Ho Chi Minh Trail. At the same time, the U.S. continued its air war over North Vietnam. Prince Norodom Sihanouk consistently followed the path of neutrality and non-alignment since independence … [Read more...] about Vietnam entirely justified in exercising self-defense against Khmer Rouge: Carl Thayer

The Partnership for Global Infrastructure and Investment, unveiled with fanfare by U.S. President Joe Biden and G7 allies from Canada, Germany, Italy, Japan and the European Union, aims to fill a huge gap left as communist China uses its economic clout to stretch diplomatic tentacles into the furthest reaches of the world. Biden said the target was for the United States to bring $200 billion to the table, with the rest of the G7 another $400 billion by 2027. Funding the kinds of projects that China currently dominates -- everything from roads to harbours in far-flung corners of the world -- is not "aid or charity," Biden said. Highlighting the geostrategic thinking behind the plan, Biden said such projects "deliver returns for everyone, including the American people and the people of all our nations." Around the world, the role of China's democratic rivals is "a chance for us to share our positive vision for the future" and for other countries to "see for themselves the … [Read more...] about G7 touts $600 bn global infrastructure plan to rival China

"It’s both a gamble and a nice move by Pau FC. The club have indeed chosen Nguyen Quang Hai for his potential and also for what he represents in Southeast Asia. With nearly 800,000 followers on Instagram and over 2.5 million likes on Facebook, the midfielder can attract not just the fans but also media and various sponsors," L’Equipe wrote. The famed newspaper called Hai the "Vietnamese Messi" and stated his presence would benefit Ligue 2. "For his first experience in Europe, he wanted to find a club that is capable of offering him playing time in the hope of a breakthrough and aiming even higher. He is sure to be one of the attractions of Ligue 2," it said. Hai is expected to undergo a medical in two days and sign his two-year contract with Pau FC, plus an optional year, making him the first-ever Vietnamese player to play in a pro league in France. In six seasons with his former club Hanoi FC, Hai played 126 matches, scored 35 times and won every domestic title and Vietnam … [Read more...] about Vietnam star midfielder good addition to French league: sports newspaper

The Fusion brand has a unique identity, one built on an innovative take on wellness-inspired hospitality. Fusion Resort & Villas Danang – the first residential project of Fusion in Vietnam delivers on that identity, with its core values reflected in every detail of the property. Located on the coast of Non Nuoc Beach with an area of 15.75 hectares at the gateway to the UNESCO world natural heritages Hue, Hoi An Ancient Town, and My Son Sanctuary, Fusion Resort & Villas Danang is a special project developed by Lodgis Hospitality Holdings, a hotel investment platform and joint venture between Warburg Pincus and VinaCapital. Fusion Resort & Villas Danang will offer outstanding facilities and an array of dining options to render guests’ gastronomic journey memorable, with the resort’s overlooking the pool and ocean; a beachside grill house and bar restaurant, and another restaurant and bar located on the 10 th floor of the hotel. Diners can take in the panoramic … [Read more...] about Fusion Resort & Villas Danang celebrates premium launch