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The deals were signed in Washington D.C. on Tuesday in the presence of Prime Minister Pham Minh Chinh, U.S. Ambassador to Vietnam Marc Knapper, and President and CEO of the Semiconductor Industry Association John Neuffer. The Ministry of Planning and Investment’s National Innovation Center signed a memorandum with Cadence Design Systems on the design and production of semiconductors. The center also signed a memorandum with Arizona State University to develop human resources for the semiconductor industry. The Ministry of Education and Training signed a memorandum with Intel to develop human resources for hi-tech sectors. Investment minister Nguyen Chi Dung said that the signings will help boost cooperation between U.S. companies in the semiconductor industry and Vietnamese partners. The U.S. is a leading country in the sector, and Vietnam is a land of potential with an ideal geographical location, and a stable political system, he added. The country aims to train 50,000 … [Read more...] about Vietnam signs semiconductor memorandums with US companies

Senior Colonel Nguyen Viet Hung, Chief of the Engineering Company Rotation 2 and Commanding Officer of the Vietnam’s peacekeeping force at the U.N. Interim Security Force for Abyei (UNISFA), and Education and Construction Minister Nyinkwany Aguer Bol led the delegation. According to the survey results, up to now, there are about 10 schools of different sizes in the Abyei. The school that has nearly 200 students is located 20km from the center of Abyei and struggled with extremely difficult travel conditions. The largest school has nearly 3,000 students gathered from seven local schools. Attentively, the number of teachers is relatively small. Most of them are volunteer teachers from other African countries. The professional qualifications of local teachers are not high and uneven. Survey results also show that schools in Abyei face the same problems such as poor facilities, there are not enough classrooms, canteens, and toilets. Moreover, there are schools with a large number of … [Read more...] about Engineering Company Rotation 2 starts assistance activities for children in Abyei

Singer Vy Oanh. Photo from Oanh's Instagram Hang, the general director of the Dai Nam Joint Stock Company, is set to stand trial at the Ho Chi Minh City’s People’s Court on Thursday, after she was arrested by Ho Chi Minh City police in March last year for "abusing democratic freedoms to infringe upon the interests of the State, and the lawful rights and interests of organizations and/or citizens." The two singers claimed that Hang’s words and behaviors had directly harmed their reputations, causing them mental and physical repercussions. Thus, they argued, they were qualified to be considered "victims" in the case, according to the Criminal Procedure Code. If the court approves their requests, the singers will have many rights that "relevant parties" do not enjoy, including the right to ask the court to consider the defendant's particular behavior and punishment, as well as appealing against the defendant’s conviction. The court has not announced a decision on the singers’ … [Read more...] about Singers say they are ‘victims’ at businesswoman’s trial

Many American semiconductor firms have highly valued the huge potential for the semiconductor industry in Vietnam, expressing their hope of opening chip production facilities in the country. The leaders of these companies were speaking during a meeting with Vietnamese Prime Minister Pham Minh Chinh on Wednesday morning (Vietnam time). Prime Minister Chinh and a high-ranking delegation of Vietnam on Tuesday morning (local time) landed in Washington, D.C., the second leg of their business trip to the United States. During the meeting, the prime minister called on U.S. semiconductor enterprises to continue their cooperation with Vietnamese partners and beef up their investment in infrastructure, technology transfer, semiconductor design and production, and human resource training. PM Chinh affirmed that the Vietnamese government and ministries are building a fair and healthy business climate for all enterprises, including those from the U.S.. Vietnamese Prime … [Read more...] about US firms see Vietnam’s great potential for semiconductor industry

Boy group Westlife. Photo from Westlife's Facebook The group announced the news with a post on their Facebook account saying: "VIETNAM! We are so excited to be coming back with the Wild Dreams tour on November 22, 2023." The event organizers have confirmed that Vietnam is one of eight stops in Asia, along with Indonesia, Hong Kong, Singapore, the Philippines, Malaysia, Taiwan, and Thailand. The show’s seat map and ticket prices are set to be announced this week, while tickets for the show will be available for sale starting September 26. The setlist is expected to include many of the group’s best hits, from "Uptown Girl," "Seasons in the Sun," to "Flying Without Wings" and "No One’s Gonna Sleep Tonight." Westlife were formed in 1998 in Dublin, Ireland. The group disbanded in 2012 before reuniting again in 2018. The current members of the group include Shane Filan, Mark Feehily, Kian Egan, and Nicky Byrne. They are holders of four Guinness World Records, including the … [Read more...] about Westlife to hold show in HCMC

Benefit consultants from Mercer, Aon and Willis Towers Watson see employer healthcare costs jumping 5.4% to 8.5% in 2024 due to medical inflation, soaring demand for costly weight-loss drugs and wider availability of high-priced gene therapies. A survey conducted by Mercer, a unit of Marsh McLennan, found over two thirds of employers either do not plan to shift any cost increase to their staff or will pass on less than the expected rise in 2024. "They don't want to add more financial stress on employees who are also coping with inflation, especially in this time where they're really relying on their health benefits as a way to keep employees working for them," said Beth Umland, Mercer's director of health & benefits research. U.S. consumer prices accelerated 3.7% in the 12 months through August, down from a peak of 9.1% in June last year. However, medical cost increases usually lag general inflation as contracts between insurers and hospitals for the prices of procedures are … [Read more...] about US employers to see biggest healthcare cost jump in a decade in 2024

At the event, Gen. Luong and his entourage heard a report on the company’s implementation of business and production tasks since 2022. In particular, in 2022 and the first nine months of this year, the corporation has repaired and handed over 71 defense ships; built 28 new economic ships for domestic and foreign partners and customers; handed over 12 other ships; and repaired and handed over 35 out of 38 economic ships and 25 out of 27 economic products of all kinds. Attentively, in terms of realizing production and business targets, the company achieved VND 611.012 billion in turnover in 2022, reaching 103% of the year plan. In the year, the average income was VND 11.449 million per person a month, reaching 122% of the year plan. In the first nine months of this year, production value is estimated at VND 331.631 billion VND, meeting 47% of the year plan; revenue VND 310.811, achieving 46%; and average income VND 9.652 million a person per month, reaching 79% of the year plan. … [Read more...] about Defense leader works with Song Thu Corporation

Furthermore, the Vietnam Maritime Administration recently announced a draft to replace the Ministry of Transport’s Circular No.54 concerning the pricing of container handling and other associated services at Vietnamese seaports. The draft proposes a 10 per cent increase in the price of container handling services effective from January 1, 2024 in various ports including Haiphong, Ho Chi Minh City and the Cai Mep-Thi Vai seaport complex in the southern province of Ba Ria-Vung Tau. In addition, the draft proposes terminals able to receive ships capable of transporting more than 160,000DWT can impose a 10 per cent additional increase for loading and unloading services, meaning that those terminals could increase fees by as much as 20 per cent. As a result of these developments, shipping stocks have been actively traded on the stock exchange of late, with several firms witnessing steady increases in share prices in recent trading sessions. Hanoi-based securities firm … [Read more...] about Shipping firms eye rosier future

The initiative was introduced earlier this year as a joint endeavor by P&G Vietnam, Central Retail Vietnam, and Gaia as a part of corporate efforts to address deforestation and forest preservation in Vietnam and to contribute to supporting the government’s international commitments on sustainability. Through the contribution from consumers when purchasing products of P&G brands at GO!, Big C, and Tops Market, 6,000 native trees of precious species in Xuan Lien and Ca Mau Nature Reserves were planted in just two weeks of the campaign. P&G Vietnam carries forward the Forests For Good initiative with a reforestation volunteering day at Dong Nai Nature Reserve. Photo courtesy of P&G Vietnam Through the diversity of participants, the event showcased a remarkable spirit of togetherness and a powerful message that positive change knows no boundaries. P&G Vietnam’s two brand ambassadors for Head & Shoulders and Pantene, singer Isaac and actress Kha … [Read more...] about P&G brings reforestation event to Dong Nai

Illustrative Image. — Photo courtesy of Panasonic Vietnam GL Cables Co., Ltd. and Panasonic Vietnam Co., Ltd. signed a strategic cooperation agreement to develop smart lighting products at a September 20 ceremony in Châu Đức Industrial Park in the southern province of Bà Rịa-Vũng Tàu. Speaking at the signing ceremony,  Hồ Thanh Tùng, Chairman of the Board of Directors of GL Cables said strategic cooperation between the two companies aims to promote market development, and diversify products to meet the demand of consumers. GL Cables specialises in producing high-tech cable products such as control cables, signal cables, fireproof cables, audio cables and cables for robot systems, Tùng said, noting that the firm is set to produce cables for the electric vehicles and automobile industries in order to diversify the company's products. Representing Panasonic Vietnam, Ryu Yasuda said that with the goal of improving the quality of life of consumers, Panasonic always considers … [Read more...] about GL Cables, Panasonic cooperate to develop smart lighting products