Tangguh expansion project train 3

In early April, the Board of Directors at Nam Viet JSC, a seafood producer in the southern region, gave the nod to the decision on dissolving Nam Viet Real Estate Co., Ltd. This company, based in Long Xuyen city in the Mekong delta province of An Giang, was founded in March 2022 to operate in real estate. Real estate might not always prove a fertile venture At the inception, the company had $3.5 million in chartered capital, which was scaled down to around $391,300 in mid-June 2022 before terminating operation in the recent past. At the company’s 2022 general annual shareholders meeting in June, CEO Doan Toi told shareholders that the company owned land, and that they would unveil two real estate projects later in the year, and another two in 2023. Last year, Nam Viet set an ambitious pre-tax profit target of VND1 trillion ($43.4 million) compared to a mere $6.5 million pre-tax profit posted in 2021, and committed to maintaining its profit in the range of a … [Read more...] about Core business key as companies pull out of real estate

Norway has helped Vietnam develop the first Fisheries Law, supported surveys of aquatic resources, and capacity-building projects in the fisheries sector for nearly 40 years. Norwegian partners have intensified their support of Vietnam’s sustainable marine aquaculture through efforts that share expertise from a world-leading producer and exporter of seafood. The seminar on June 5 in the central coastal province of Khanh Hoa is the latest move in the process in which the ocean nation has supported Vietnam over the past four decades . Indeed, the event aims to create a platform for participants from the public, private sectors, and academia to discuss ways for Vietnam to develop marine aquaculture in a sustainable manner and the role of relevant stakeholders in that process. The seminar was organized by the Norwegian Embassy in Hanoi, Innovation Norway, Hanoi, in coordination with the Department of Fisheries (DFish) of the Vietnamese Ministry of Agriculture and Rural … [Read more...] about Norway strengthens support to Vietnam’s sustainable marine aquaculture

The vision is for Hanoi to become a vibrant, green, and serene metropolis with the Red River landscape axis. "For a long time, people often say that Hanoi has turned its back on the Red River," Nguyen Van Loc, a 60-year-old resident of Phuc Tan Ward, Hoan Kiem District, told The Hanoi Times as he gazed out at the vast expanse of lush green land ahead, with thriving banana plantations growing on the fertile alluvial plains known as the Red River Alluvial Island (or Bai giua song Hong in Vietnamese). The Middle Island of the Red River. Photo: Chien Cong/The Hanoi Times Spanning around 18 hectares and stretching 3.8 kilometers in length, the area is under the jurisdiction of Chuong Duong and Phuc Tan wards, Hoan Kiem District. For many years, a significant portion of the alluvial island has been tilled by over 30 households for vegetable production. However, there is still a portion of the land that remains vacant and covered with overgrown reeds. "It is … [Read more...] about Red River – a centerpiece in Hanoi’s green development

Minister of Public Security Gen. To Lam (R) and Commissioner General Yoon Hee-keun inspect the guard of honour. (Photo: VNA) Hanoi (VNA) - Minister of Public Security Gen. To Lam hosted a reception in Hanoi on June 5 for a delegation of the National Police Agency (NPA) of the Republic of Korea (RoK) led by Commissioner General Yoon Hee-keun. Lam stressed that the comprehensive strategic partnership between Vietnam and the RoK has made progress, contributing to promoting bilateral relations, meeting aspirations of their people, for peace and prosperity of both nations. He noted with pleasure outcomes of the second phase of the project on improving criminal science capacity funded by the Korean agency, saying it has helped raise criminal science capacity for the Vietnamese ministry’s officers. To strengthen relations between the two countries as well as the Ministry of Public Security (MPS) and the NPA, the minister suggested the two sides continue consolidating their … [Read more...] about Vietnamese ministry strengthens cooperation with RoK National Police Agency

President Vo Van Thuong (R) hosts US Ambassador to Vietnam Marc E. Knapper in Hanoi on June 5 (Photo: VNA) Hanoi (VNA) – President Vo Van Thuong hosted US Ambassador to Vietnam Marc E. Knapper in Hanoi on June 5, during which the State leader affirmed the importance that Vietnam attaches to cooperation between the two countries, describing the US as one of the leading partners of Vietnam. He hailed the US diplomat’s efforts to collaborate with Vietnamese authorities and visit many Vietnamese localities to seek stronger partnership between the two countries. Knapper expressed his delight at the progress of bilateral ties after 28 years of normalising their relations and 10 year of setting up their comprehensive partnership. He said that US President Joe Biden was pleased with the outcomes of his telephone talks with Vietnamese Party General Secretary Nguyen Phu Trong in March. The ambassador held that amid many global challenges, the strengthening of cooperation between … [Read more...] about Vietnam attaches great importance to ties with US: President

The Management Board of Ben En National Park in the north central province of Thanh Hoa has been working on plans on preserving and developing a number of rare animals with high-economic values in the park in the 2022 – 2024 period, towards conserving rodent species. A view of the Ben En National Park (Source: https://cand.com.vn/) According to Vice Director of the Ben En National Park Management Board Nguyen Dinh Hieu, forest rangers of the unit have focused on conducting surveys and assessments related to the distribution and the habitat of, and identifying threats to rodent species within local forests. They have also collaborated with relevant units to take photographs and collect samples of rare species to serve the investigation and monitoring work. Training courses and conferences to improve capacity and awareness of biodiversity conservation for officials and residents have been organised, he said. Forest rangers distributed 1,500 leaflets introducing … [Read more...] about Efforts to preserve rare animals in Ben En National Park

Erick Contreras, managing director of BASF Vietnam, handing over the new public playground to the Binh Tan district’s Youth Union representatives on June 3 This collaborative effort aims to provide a safe and enjoyable space for children to engage in creative play, while also promoting environmental sustainability. Situated within the Sports and Culture Centre of Tan Tao Ward, the playground is strategically positioned to benefit the local community, particularly the children of immigrant workers. By offering access to recreational facilities outside of school hours, the playground serves as a valuable resource for the area's youth. What makes this playground truly special is its commitment to eco-friendly practices. Constructed using environmentally friendly materials such as responsibly sourced eucalyptus wood, recycled tyres, and panels made from plastic waste, the facility promotes a strong connection between children and nature. Moreover, it instils in them the … [Read more...] about BASF Vietnam and Think Playgrounds launch seventh public playground in Ho Chi Minh City