Uphold use in sentence

The agency is reviewing the organizational structure, functions and tasks of local industry promotion centers while proposing solutions to enhance local industry promotion activities and policies, and working with related units to plan the 2022 national industry promotion funding allocation. Inspecting and evaluating the implementation of industry promotion projects The Agency for Regional Industry and Trade acts as a bridge with localities to ensure that directives issued by the Ministry of Industry and Trade are strictly and effectively implemented. Last year, the agency closely coordinated with localities to implement the National Industry Promotion Program with a total budget of VND75.641 billion. The program encouraged rural industrial enterprises to modernize production technology gradually, creating products of greater value and competitiveness, which also helped local businesses stabilize production during the pandemic. The ARIT will continue providing … [Read more...] about MoIT agency plays leading role in industry and trade development

Many retailers in phone and electronics segments focus on developing online channels to survive during the coronavirus pandemic period. To survive adverse effects of the coronavirus pandemic, many Vietnamese tech retailers have quickly boosted their sales on online platforms as their physical stores nationwide have to close until April 15 to comply with the prime ministerial directive stipulating measures to combat the pandemic. Photo: MWG Significant demand on tech products Mobile World Investment JSC (MWG), the largest tech retailer in Vietnam, saw a surge in demand in online shopping since the beginning of April as more than 10% of its 2,000 phone and electronics stores, mainly in Hanoi, have to close. Dang Thanh Phong, PR manager of MWG, told Hanoitimes that its revenue from online sales accounted for 13% of the total phone and electronics revenue in March, higher than that of the previous months. Due to the closure of its stores, sales in … [Read more...] about Vietnamese tech retailers manage to survive Covid-19 pandemic

Illustrative image (Source: VNA) Hanoi (VNA) – Vietnam has paid due attention to improving its investment environment and creating conditions for foreign enterprises to do long-term business in the country, Spokeswoman of the Ministry of Foreign Affairs Le Thi Thu Hang told a press conference on May 26. Responding to a question about Vietnam’s economic development policy, Hang stressed that Vietnam sees foreign investment as an important resource and a driving force for the country’s economic development, international cooperation and engagement in global value chains. To boost production, business and economic recovery after the COVID-19 pandemic, the Vietnamese government has adopted various solutions to streamline administrative procedures and improve the investment environment, contributing to building confidence among foreign firms and attracting investment, she said. Vietnam will continue its focus on measures to increase productivity in the production and … [Read more...] about Vietnam facilitates long-term operations of foreign firms: Spokeswoman

The actress from ‘Spider-Man: No Way Home’ recently participated in a video promotion campaign for the famous jewelry brand Bulgari, wearing a black jumpsuit from Cong Tri's Spring Summer 2022 collection. The top is made of satin silk and the pants, of faille material. The highlight of the design are its deep cut neckline and see-through silk sleeves. This design according to Cong Tri was made in 56 hours, using pleating techniques to create folds that add volume and texture to the outfit. Zendaya's team contacted Cong Tri in early May, saying they like his jumpsuits since it fits the idea of conveying the image of a luxurious and powerful woman. Zendaya Maree Stoermer Coleman is an American actress, singer and model. She has starred in many blockbusters, including ‘Spider-Man: Homecoming’, ‘The Greatest Showman’, and ‘Shake it Up’. In 2020, she became the youngest person in Emmy history to win the "Best Actress" award for her role in ‘Euphoria’. Zendaya was crowned the … [Read more...] about Zendaya dons Cong Tri design for jewelry campaign

Yeremia Rambitan, 22, runner-up in the men’s doubles contest, had finished the last day of the badminton tournament on May 22. The Indonesian badminton athletes were saying goodbye to Vietnamese volunteers in the northern province of Bac Giang when Yeremia allegedly laughed and used "inappropriate language" in a loud voice. The incident was livestreamed on social media, the Indosport reported. Yeremia explained that he had said things in jest, but he still faced a backlash from the Indonesian community. The Badminton Association of Indonesia (PBSI) issued an official statement regarding the incident Thursday, with general secretary Muhammad Fadil issuing a warning to Yeremia. He said Yeremia had apologized for his actions and promised not to repeat it. Yeremia’s coach Aryono Miranat said he only learned of his ward’s actions when he was returning to his country. He said he would like to apologize if Yeremia’s words had hurt anyone. … [Read more...] about Indonesian athlete hurls verbal abuse at Vietnamese SEA Games volunteers

Trung has not upheld ethical standards and lifestyle, has violated regulations by engaging activities prohibited for Party members and violated the Law on Marriage and Family, said the Secretariat which is in charge of personnel issues of Party members. His violations have upset the community and affected the reputation of the Party and state authorities, it added. On Thursday, a woman employed at a high school in Da Nang posted a picture with Trung on Facebook, saying she has a child with him despite his marriage to another woman. The incident is being verified by authorities. Trung, 46, used to be the headmaster of the Da Nang Political School. He became the deputy chairman of the Da Nang People’s Council, the city's legislature, in 2018. The Secretariat has requested local authorities to take follow up action on Trung’s violations. … [Read more...] about Da Nang top official loses Party positions over extramarital affair

Lotte Hotel in Hanoi was voted the best hotel in Vietnam, according to the annual 2022 ranking compiled by the U.S. online booking site Tripadvisor, based on millions of reviews and opinions collected. Situated on the upper part of a 65-floor building in the downtown area near Hanoi's iconic tourist destinations, the hotel has 235 standard rooms and 83 suites with each offering a panoramic view of the capital. It also has a fitness center, outdoor swimming pool, basketball court, kids play center, and 24-hour gym service. The lowest price for a night's stay is VND2.23 million ($96.45). Vinpearl Discovery Ha Tinh in Loc Ha District of north-central Ha Tinh Province came second in the list. This upscale resort along Xuan Hai Beach is 19 kilometers from Huong Tich Pagoda, a vast mountainside temple complex and popular spiritual site. It has 42 well-equipped rooms featuring private pools and offering views of long, … [Read more...] about Top 10 Vietnam hotels selected by Tripadvisor

Real estate bonds shackled by rules - illustration photo At last week’s conference on corporate bonds held by the Vietnam Chamber of Commerce and Industry, experts discussed ways to develop an efficient and sustainable corporate bond market. One of the common recommendations regarded appropriate approaches to credit ratings. According to Can Van Luc, BIDV’s chief economist, there should be clear regulations on credit ratings to help investors easily determine business quality and the risk level of the issued bonds. “It is necessary to identify where a credit rating is mandatory and where a credit rating is encouraged. High-risk businesses should go through compulsory credit rating before bond issuance,” Luc said. “On the other hand, for businesses that have been audited and internationally rated with a long-standing history, a credit rating might not be necessary.” In recent years, the State Bank of Vietnam (SBV) has steadily redirected loan flows towards industry, services … [Read more...] about Real estate bonds shackled by rules

Legislation review necessary to increase tempo on public disbursement activities, illustration photo/ baodautu.vn Assoc. Prof. Pham The Anh from the National Economics University said that changing the slow disbursement of public investment would be very challenging because of legal risks and responsibility. “I don’t think the slow disbursement is due to the lack of motivation by those responsible for the implementation,” said Anh. “In the past two years, the bottlenecks in public investment were related to the legal environment,” he added, citing legal problems in land clearance. “The Vietnamese government still has the ability to keep up with the disbursement speed by reviewing the legislation related to public investment decisions.” In 2022, the government expects to disburse $17.69 billion according to Decision No.2048/QD-TTg dated December 6, 2021 on assigning state budget investment for 2022. “The latest directives are aimed at disbursing public investment on schedule … [Read more...] about Legislation review necessary to increase tempo on public disbursement activities

A blind man and his mentally-illed sister in Bac Giang Province have received over VND217 million (USD9,435) in donations from the public after their story was published on Dantri/Dtinews. Representatives from Dantri/Dtinews Newspaper, Bac Giang Provincial People's Committee, and the local Red Cross Society paid a visit to Giap Van Duc in Tan Yen District on May 25 and transferred the donation of VND 217,753,500 to support his family. Representatives from Dantri/Dtinews Newspaper, Bac Giang Provincial People's Committee, and the local Red Cross Society paid a visit to Giap Van Duc and transferred the donation on May 25 The money was sent by readers to the Dantri/Dtinews Charity Fund to help the elderly blind man and his mentally-ill sister. The Bac Giang Red Cross Society also presented some gifts worth VND5 million to the family. Their old house Receiving the donations, Duc's elder brother Giap Van Dung sent his sincere thanks to the … [Read more...] about Ailing brother and sister in Bac Giang receive support