United they fall bank risk after the financial crisis

Currently, there are more than 70 million registered motorcycles in the Southeast Asian country with the figure projected to grow even larger in the future. In the first four months of 2023 alone, the country produced more than 1 million new motorcycles. Five major manufacturers: Honda, Yamaha, Suzuki, Piaggio, and SYM hold over 90% of the market share in Vietnam, manufacturers also export fully assembled models to international markets. VAMM said the stage has been set for Vietnam to become an attractive destination for motorcycle manufacturers in the Asia-Pacific region. Due to supply chain difficulties and rising trade tension between the U.S. and China, manufacturers have been shifting their investments to smaller markets in Asia to minimize risks. For example, the Japanese government has allocated a 2.2 billion USD fund in support of Japanese businesses relocating from China while the U.S. government has been calling for U.S. businesses to either return to the U.S. or … [Read more...] about Vietnam emerges as a major motorcycle market and manufacturing hub

During the final days of April, Thuy Duong, a Hanoi resident, went on two cliff camping trips. Such tourism is not popular in Vietnam, and private tours for this activity are non-existent. Duong first discovered the concept of cliff camping around five to seven years ago through foreign travel websites, but it is only now that she has had the opportunity to pursue it. Duong's group embarks on a trekking trip through the Lan Ty Valley in the northern Lang Son Province in late April, 2023. Photo courtesy of Thuy Duong Her first adventure took place in Lan Ty Valley in Lang Son Province that borders China. Along with her friends, Duong engaged in various activities such as trekking through endemic forests and exploring caves. The highlight was camping on a cliff near the peak of Mat Than Mountain. The camp spot was in the middle of the valley, surrounded by mountains and forests. "It was difficult to reach the camp spot. There was heavy rain and thunder on our … [Read more...] about Cliff camping in Vietnam: an adventure amid stunning landscapes

There was this one comment I remember vividly: "It was such a pleasant surprise to learn that there were so many Covid-19 doctors who have a knack for writing." This reader articulated a sentiment I've held for a long time: many professionals in the medical field are adept writers and presenters. Thus, I am far from surprised, and indeed agree, with the fact that four of the 27 medical schools use national literature test results in their admissions processes. It is often overlooked, but the study of human nature is a common ground between the medical and literary fields. While medicine studies the human body in order to treat illnesses, literature describes and explains human behaviors in order to gain insight into the inner life. The medical field's goal is to prevent physical harm, but in many cases, the psyche and one's interpersonal relationships are often a source of that harm. And medicine, particularly psychiatry and psychology, plays a crucial role in providing people … [Read more...] about How literature can benefit medical schools

Deputy Prime Minister Tran Hong Ha speaks at the meeting. (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Tran Hong Ha has requested the national energy master plan for 2021 - 2030, with a vision to 2050 reflect and help implement Vietnam’s commitments on net zero emissions and in the Just Energy Transition Partnership (JETP). Ha made the request at a meeting with the national appraisal council for the draft national energy master plan in Hanoi on June 2. The Deputy PM said the plan should include some new viewpoints and specify important tasks in identifying the relationship and the mechanism for coordination among energy segments (coal, oil and gas, electricity, renewable energy, among others). It also needs to be consistent with other plans such as those on land use and sea space. The national energy master plan must show a consistent mindset and help implement Vietnam’s commitments on net zero emissions and in the JETP as well as the plans for energy … [Read more...] about Master plan must reflect Vietnam’s energy commitments: Deputy PM

The northern mountainous province of Dien Bien has recorded 13 anthrax patients who contracted the disease either through eating or the slaughter of buffaloes and cows. According to the provincial Centre for Disease Control and Prevention, the cases were detected between May 5-30. The patients are from the communes of Muong Bang and Xa Nhe in Tua Chua District. Up to 94-95 percent anthrax cases are infected through open skin wounds The Ministry of Health has instructed Dien Bien’s Department of Health to keep close watch on the patients as well as those who participated in the slaughter of cows and buffaloes and shared the same source of meat. Local residents have also warned of not using buffalo meat and beef of unclear origin. The National Institute of Hygiene and Epidemiology has been asked to support the province in disease prevention and control. Up to 94-95 percent anthrax cases are infected through open skin wounds, however, this is less … [Read more...] about Dien Bien faces anthrax outbreak

The Da Nang International Fireworks Festival (DIFF 2023) is expected to be a "symphony of lights". (Photo: Sun Group) Da Nang (VNA) - The Da Nang International Fireworks Festival (DIFF 2023) is expected to be a "symphony of lights" activating a bustling summer tourism season in the central beach city of Da Nang . DIFF 2023 , themed “The Peace for Humanity", will take place on June 2 evening with the competition between Vietnam and Finland. Members of Joho Pyro Professional Fireworks from Finland (Photo: Sun Group) Joining the festival for the first time in 2019 and spectacularly clinching the championship title, the Finnish team has proven their creativity and astonishing display. Each performance by JoHo Pyro left the audience breathless. Vietnam's team has inspired performances over the years. (Photo: Sun Group) While Finland chooses to portray intense emotion and love in its display, the host team will tell a story of peace and friendship through … [Read more...] about Da Nang international fireworks festival to activate bustling summer tourism season

Illustrative photo (Photo: baotaiinguyenmoitruong.vn) HCM City (VNA) – As Ho Chi Minh City sees a huge volume of waste discharged daily, digital technologies are said to help solve the problem, and better connect households, authorities, and waste collectors. Many localities in the southern economic hub have applied digital technologies to better waste mangement. Districts 3, 4, Go Vap, Binh Thanh, Binh Chanh, and Tan Dinh ward in District 1 have used the app GRAC for waste management. The app, developed by GRAC Technology Joint Stock Company, with its web-based version, provides management tools for waste collection units and authorities such as waste collection contracts, employees, payment history, notices, and feedback from households. It also supports the management of garbage trucks to see if they travel the wrong routes or skip any stops. With the mobile phone-based version, the app GRAC has the main functions such as household/garbage truck management, monthly waste … [Read more...] about Digital technologies prove effective in waste management