National Assembly Chairman Vuong Dinh Hue (second, left) presents a gift to the Vietnamese expatriate community in the UK. (Photo: VNA) London (VNA) - The official visit to the UK by Vietnamese National Assembly Chairman Vuong Dinh Hue has come in a very opportune and important time, as the two countries are seeking ways to deepen their parliamentary and political dialogues, said Mr Wayne David MP, Chair of the All-Party Parliamentary Group (APPG) for Vietnam. Making his remarks in a virtual meeting with the Vietnam News Agency's correspondent in the UK ahead of the top legislator’s trip from June 28-30, Mr David said the visit is important not only symbolically, but in a very practical sense as well, because during the visit, the two sides will be talking about different issues important to both countries. According to the APPG Chair, Mr Hue will be meeting not only the Speaker of Commons and the Speaker of Lords, members of all political parties and the APPG, but also … [Read more...] about Top legislator’s UK visit comes in opportune and important time: APPG Chair
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Samsung Engineering acquires stake in Vietnamese DNP Water
Samsung Engineering and DNP Water sign the agreement. Samsung Engineering plans to actively target Viet Nam as a base for the Asian water treatment market. — Photo courtesy of the firm Samsung Engineering, one of the world’s leading engineering, procurement, construction and project management (EPC&PM) companies and Dong Nai Plastic (DNP) Water on Wednesday signed an agreement to acquire a 24 per cent stake in the Vietnamese water treatment company for about 52.7 billion KRW (US$41 million). With this acquisition, Samsung Engineering will hold 24 per cent of the stake in DNP Water, DNP Holding will hold 53 per cent, and other stakeholders 23 per cent. DNP Water is a private enterprise that focuses on local water supply businesses and is the largest private water treatment company in Viet Nam in terms of treatment capacity. It was spun off from the DNP Group, a manufacturer of plastic piping, in 2017. Since then, it has been growing in the water treatment business by … [Read more...] about Samsung Engineering acquires stake in Vietnamese DNP Water
Hundreds of businesses to receive support from USAID IPSC Project
On June 30, the project started to revise and select eligible and qualified businesses to receive support packages for the second intake of 2022, running from April 1 to June 30. The USAID IPSC, with a total budget of $36 million, is currently Vietnam's largest private-sector technical assistance project funded by the United States Agency for International Development (USAID). The project aims to support businesses to overcome the pandemic, improve their capacity in governance, technology, financial access, innovation, and market access, and promote a favourable business investment environment. USAID IPSC targets to support 5,000 small and growing businesses. USAID IPSC officially launched and opened registration on January 18. The applicants go through selection processes (the first in April, the second in July, and the third in November), to receive support packages. In 2022, USAID IPSC offers six different support packages for businesses based on overall project … [Read more...] about Hundreds of businesses to receive support from USAID IPSC Project
Policies to take effect in July
Illustrative photo (Source: VNA) Hanoi (VNA) – A host of new policies , including those on minimum wage increase , paper bill elimination , and new ordinary passports, are due to come into force in July. Accordingly, a new decree, coded 38/2022/ND-CP, on raising the regional minimum wage for labourers will come into effect on July 1. The 6 percent increase is equivalent to a rise of 260,000 VND (11.20 USD) in Region 1, and 240,000 VND, 210,000 VND, and 180,000 VND in Regions 2, 3, and 4, respectively. The document to this effect also specifies that the minimum hourly wage will range from 15,600 to 22,500 VND, which also depends on the region. The geographical classification is determined based on the employer’s place of operation. Region 1 covers Hanoi and Ho Chi Minh City's urban areas; Region 2 encompasses Hanoi and HCM City's rural areas, along with major urban areas in the country like Can Tho, Da Nang and Hai Phong; Region 3 covers provincial cities and the … [Read more...] about Policies to take effect in July
River trash capture tool launched in Nam Dinh Province
This river trash capture tool (hereinafter referred to as a “trash trapper”) is financially supported and technically advised by US-based NGO Ocean Conservancy through “Strategic Plastic Litter Abatement in the Song Hong” project. This project is managed and implemented by MCD in collaboration with the Nam Dinh DONRE and other local and national partners. The event was attended by national-level government representatives from the Vietnam Administration of Sea and Islands; the Vietnam Inland Waterways Administration and its Northern Branch; Vietnam Academy for Water Resources; and from MCD; the delegates who participated in the event from Nam Dinh province include: leaders and officers of the DONRE; representatives of the Department of Transport, Department of Agriculture and Rural Development, Traffic Police Division, Riverway Management Company No. 5; representatives of the Division of Natural Resources and Environment of Nam Dinh city and the People's Committee of Tran Te … [Read more...] about River trash capture tool launched in Nam Dinh Province