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The Lien Chieu deep-water port project, on a planned area of about 450 hectares, will be the largest container port in the central region upon completion and be capable of berthing container vessels of up to 8,000 TEUs. The project consists of 2 components, with an implementation period from 2021 to 2025. Da Nang is now calling for investment in the project and offering incentives. “Port infrastructure investment is among the categories subject to incentives. Projects with investment of over 30 trillion VND will enjoy special investment incentives. We are developing a bidding plan and attempting to get construction underway this year,” said Le Thanh Hung, Director of the Management Board for Da Nang’s Priority Infrastructure Investment Projects. Considered a highlight of Da Nang’s investment attraction efforts, its Hi-Tech Park has been attracting a host of projects, in particular foreign investment focusing on information technology and high-tech industry. Luong Van Quang, … [Read more...] about Da Nang offering preferential policies to attract investors

The five-day visits of Vietnam’s National Assembly Chairman Vuong Dinh Hue to Hungary and the UK marked a new milestone in bilateral relations, eventually contributing to the Vietnam-EU partnership. The Chairman’s official visit to Hungary was significant amid the 72nd anniversary of diplomatic relations and approaching the five-year mark of the comprehensive partnership (2018 – 2023). In addition, Hungary was Vietnam’s first comprehensive partnership in Central and Eastern Europe, as the former has been actively supporting Vietnam in both multilateral frameworks and also in Vietnam-EU relations. NA Chairman Vuong Dinh Hue and Hungarian Prime Minister Viktor Orban. Source: VNA It was noted worth mentioning that Hungary was the first among EU members that ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). Chairman of the NA’s Foreign Affairs Committee Vu Hai Ha said meetings between Chairman … [Read more...] about New milestone in Vietnam’s relations with Hungary, UK

The People’s Committee of HCMC and Vietnam National University–HCMC (VNU-HCMC) sign a cooperation program in various areas in the 2022-2025 period. (Photo: SGGP) The program aims to serve the goals of socio-economic development and integration of the city and the southern key economic region in the 2022-2025 period, and implement VNU-HCMC’s main missions in researching, training and serving the community. The cooperation program includes human resource training and development in the fields of IT, AI, urban management, mechanical and automation engineering, business management, finance and banking, health and tourism; scientific research and socio-economic development allowing VNU-HCMC to participate in the city’s key science and technology missions, seek measures for the development of culture and sports, study automation technology application of infrastructure management and operation, assess the social impacts caused by flooding and seek solutions to improve environment; … [Read more...] about HCMC, VNU-HCMC sign cooperation program for socio-economic development

Engineers at VNSC are building a small satellite. (Photo: VNSC) Hanoi (VNA) – Potential plans and roadmaps were proposed to build national capacity in Earth observation using small satellite systems during a seminar held by the Vietnam National Space Centre (VNSC) at the Vietnam Academy of Science and Technology (VAST) in Hanoi on June 30. In his remarks, VNSC General Director Assoc. Prof., Dr. Pham Anh Tuan said the Government in February 2021 announced a strategy for the development and application of aerospace science and technology by 2030, aiming to utilise achievements in the fields to address defence and security issues, strengthen management of environment and natural resources, monitor natural disasters and minimise their impacts, and provide related services for people. This seminar forms part of the efforts to translate the strategy into reality, according to Tuan. The seminar is held by the Vietnam National Space Centre (VNSC) at the Vietnam … [Read more...] about Vietnam to use small satellites to build capacity in Earth observation

Addressing the forum, Hue stated education is a leading national policy in Vietnam, identified as one of the three breakthroughs to implement the nation’s socio-economic development strategy. Every year, Vietnam spends 20% of its national budget on education and training. He said to create a strong transition in human resource development, Vietnam has determined that it is necessary to actively carry out international integration and promote foreign investment attraction in education for quality improvement. With the country’s law made to facilitate businesses in the sector, Vietnam has to date attracted more than 500 foreign-funded educational projects worth 4 billion USD. Despite challenges and difficulties, room remains extensive for investing in Vietnam’s education, Hue affirmed. He wished the bilateral educational cooperation will be concretized through impressive numbers, and recommended the two sides pay attention to step up exchanges of students and lecturers as well as … [Read more...] about Legislature backs Vietnam-U.K. education cooperation: top legislator

He was allegedly involved in the Baller Ape Club, a project that purportedly sold NFTs in the form of various cartoon figures, often including the figure of an ape, the Department of Justice said in a recent statement. Shortly after the first day Baller Ape Club NFTs were publicly sold, Tuan and his co-conspirators engaged in what is known as a "rug pull," ending the purported investment project, deleting its website and pocketing the investors’ money. Based on blockchain analytics, shortly afterward they laundered investors’ funds through "chain-hopping," a form of money laundering in which one type of coin is converted into another and funds are moved across multiple cryptocurrency blockchains, and used decentralized cryptocurrency swap services to obscure the trail of Baller Ape investors’ stolen funds. If convicted on all counts, Tuan faces up to 40 years in prison. This and several other similar cases "serve as a crucial reminder that some con artists hide behind trendy … [Read more...] about Vietnamese charged with NFT fraud in US

Speakers in the workshop in Quy Nhon city (Photo courtesy of the organiser) Binh Dinh (VNA) – A workshop recently took place in Quy Nhon city, central Binh Dinh province, to discuss the improvement of awareness in plastic waste collection and recycling to promote the circular economy in Vietnam. The event was held by PepsiCo Vietnam , the Centre of Education and Development (CED), and the Vietnam Chamber of Industry and Commerce (VCCI) - Da Nang branch. It was part of the “Increase awareness in plastic waste management” project funded by PepsiCo Foundation through Give2Asia and implemented by CED in collaboration with partners in Vietnam from January 2020 to December 2022. One of this project’s objectives is to raise awareness of small and medium enterprises (SMEs) in Vietnam through plastic waste collection and treatment management in order to apply a circular economy model for sustainable business development. The workshop saw the participation of 70 delegates … [Read more...] about Workshop discusses plastic waste collection, recycling