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/ March 6, 2021

King Ly Thai To makes a milestone in the city’s history

The Hanoitimes - With the relocation of the capital and a comprehensive reform, Ly Cong Uan (King Ly Thai To) and his descendants succeeded in building a strong nation. Peaceful ascension to the throne The kings of the Early Le Dynasty, founded in 980, embarked on effective reforms to stabilize the political and economic situation. However, the decease of king Le Dai Hanh in 1005 led to infighting within the royal family for succeeding him. In the end, Le Dai Hanh’s fifth son, Le Long Dinh, defeated other princes to claim the crown. However, the brutal struggle that he fought for the throne caused resentment among the people. The statute of Ly Cong Uan in Hanoi. Photo: Jenna Duong. In 1009 when Le Long Dinh died at the age of 24 and his children were very small, Ly Cong Uan, a talented dignitary was supported by other court officials to ascend to the throne, peacefully seizing power from the Le. It is known as the most peaceful change of dynasty in the country’s history. From moving the capital to reforming the country Ly Cong Uan was crowned in the context of a serious political and socio-economic crisis and the threat of invasion from the Chinese Song dynasty. He was determined to end the political crisis that lasted through several reigns and bring stability to his kingdom. His  first decision as king was to move the capital from Hoa Lu (Ninh Binh) to Dai La (Hanoi now). Hoa Lu was chosen by King Dinh Tien Hoang (924-979) as seat of his court to suit the needs of defending the nation in the early days after the civil wars. It was more appropriate for defense purposes as it is located in a low land surrounded by limestone mountains. However, it was difficult to develop an urban city here as traffic was inconvenient and its location is too distant from the thriving economic centers in the Red River Delta. In autumn of 1010, King Ly Thai To decided to move the capital of the kingdom to Dai La, mindful that the place …

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/ March 6, 2021

VIETNAM BUSINESS NEWS MARCH 6

Danang calls for investment in 10 projects in next five years Tien Sa Port in Danang City. The city wants to call for investment in Lien Chieu Port and make the Tien Sa Port the cruise port Six of the projects have had their scales determined, with a combined investment capital of more than VND100 trillion, while the four remaining projects depend on proposals from investors. The project of building the city subway system will be the largest, with an amount up to VND54.5 trillion. The city wants to call for investment into this massive project under the Public - Private Partnership (PPP) mode. The system will follow two directions. One of them is on the East-West way, connecting the Nam O region in the Northwest, adjacent to Hai Van Pass, going through the downtown area to the An Hai Dong area (My Khe beach). Meanwhile, on the North-South way, the subway will start from the Son Tra Tinh Vien area (in Son Tra peninsula) to the vicinity of Danang airport. Reportedly, in the Northwest region, there are many large investment projects, including Japan’s Mikazuki hospitality complex and new residential areas named Golden Bay, Thuy Tu, Golden Hills and the cluster of the Danang High-tech Park and the Information Technology Park. In addition, Danang is also calling for investment for Lien Chieu Port in this area. This project has a total investment capital of nearly VND7,400 billion (including State and private investment), developing two initial berths, capable of receiving general ships, bulk cargo with 100,000 tons and container ships from 6,000 to 8,000 TEUs, ensuring throughput of goods from 3.5 to 5.0 million tons a year. When these projects are constructed synchronously, they will be the driving force for Danang's economic development in the Northwest region. Among the 10 projects, there are also some prominent projects such as the railway station relocation and urban development project worth VND12,636 billion and the tunnel going …

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/ December 25, 2020

Panasonic honored for most energy efficient products

The award is a testament to Panasonic's efforts over the years in technology development and product innovation towards saving and environmental friendliness Mr. Yasushi Kondo, Deputy General Director of Panasonic Appliances Vietnam Co., Ltd., proudly revealed, “Panasonic Corporation has set an environmental vision to 2050 as a long-term strategy for sustainable environmental management, towards the goal where energy creation exceeds energy consumption. Therefore, we are constantly developing technologies and improving products to raise electricity savings, increase consumers’ benefits, besides other activities to reduce carbon dioxide (CO2) emissions, enhance the recycling of raw materials and the efficient use of resources, and reduce the impact of chemicals in our production. ” In parallel with the development orientation of “green” and energy-saving products within the above mentioned Panasonic’s environmental vision, in 2020, Panasonic announced its new business value proposition, welcoming the 50th anniversary of Panasonic's official operation in Vietnam (1971-2021) by officially changing from Consumer Electronic Company to Wellness Solutions Providing Company, pioneering in providing human-oriented technology trends with the mission "Passion for your health and comfort", while at the same time proposing solutions to urgent social problems in order to contribute to the sustainable development of Vietnam. Over the years, Panasonic Vietnam has always strived to realize the basic business philosophy of "contribute to society" built by the Founder, not only by gradually expanding production and business activities in Vietnam, but also by pioneering in social responsibility activities focusing on education and environment, which are considered by Panasonic as the two key areas contributing to the country's sustainable development. Typically, in the annual tree planting program "Panasonic for a green Vietnam" in collaboration with the Center for Natural …

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