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South Korean investors lavish attention on Vietnam

August 7, 2022 by vir.com.vn

The Korea and Vietnam Economic and Cultural Association (KOVECA) and the Association for Liaison with Overseas Vietnamese, along with ministries and localities, last week jointly held two Vietnam-Korea cooperation forums in both the northern and southern regions with the participation of 30 associations and 50 enterprises from South Korea. PM Pham Minh Chinh greets representatives of the RoK's associations and businesses at the dialogue in Hanoi on July 30. (Photo: VNA) The associations and enterprises are looking for investment opportunities in terms of urban and transport infrastructure, hospitals, renewable energy, high-tech, and career training. Previously, in the framework of a conference connecting the northern province of Thai Binh and South Korea in early July by Thai Binh People’s Committee, coordinated with the Ministry of Foreign Affairs and the Korean Embassy to Vietnam, an investment registration certificate was granted to South Korea’s SMT Company for the … [Read more...] about South Korean investors lavish attention on Vietnam

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Low-pressure zone forecast to develop into tropical depression

August 8, 2022 by www.sggpnews.org.vn

Specifically, by 1 p.m. on Monday, the eye of the tropical low-pressure system will locate at around 16.8 degrees north latitude and 112.2 degrees east longitude, about 200 kilometers far from the east of the Paracel Islands. All vessels operating in the above-warned areas are under the impact of gales and big waves. Under the influence of the tropical convergence range connecting with the development of the low-pressure zone and upgrade of the southwest monsoon, territorial waters from Binh Dinh to Ca Mau provinces, the middle and south-East Sea including the Spratly Islands will see powerful winds of up to level 8, rough sea and big waves of 2-4 meters. Thundery showers along with risks of cyclones and gales will occur in the East Sea on the large scale comprising the Paracel Islands, Spratly Islands, the south of the Gulf of Tonkin, waters from Quang Tri to Ca Mau, from Ca Mau to Kien Giang and the Gulf of Thailand. By SGGP- Translated by Huyen Huong … [Read more...] about Low-pressure zone forecast to develop into tropical depression

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Covid lockdown turns Chinese tourist hotspot Sanya into nightmare for stranded tourists

August 8, 2022 by e.vnexpress.net

The island in the South China Sea recorded just two positive symptomatic Covid-19 cases in the whole of last year. Fast forward to this month, however, and the number of cases has suddenly soared, prompting a lockdown in the city of Sanya and leaving tens of thousands of tourists like Yang stuck on the island. Sanya, the island's main tourist hub, imposed a lockdown on Saturday and restricted transport links to try to stem the outbreak, even as some 80,000 visitors were enjoying its beaches at peak season. Many are now stuck inside hotels until next Saturday, if not longer. Yang, along with her husband and child, are staying at a four-star hotel paid out of their own pocket. The family is eating pot noodles every day to avoid spending more on food. "This is the worst holiday of my life," Yang, who is in her 40s and lives in Jiangxi province in southern China, told Reuters on Sunday. Sanya reported 689 symptomatic and 282 asymptomatic cases between Aug. 1 and Aug. 7. Other … [Read more...] about Covid lockdown turns Chinese tourist hotspot Sanya into nightmare for stranded tourists

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[Quintessence of Hanoi’s cuisine] Quintessence of Vietnamese cuisine: Hanoi spring rolls

March 10, 2022 by hanoitimes.vn

Hanoi’s typical dishes with many variants always cause nostalgia for children who live far from their homeland. As famous as pho (rice noodles soup with beef), spring rolls are also a dish imbued with the “Vietnamese national spirit”: if you see spring rolls somewhere, people from the S-shaped country must be around the corner. A familiar food on a Bangui Street The typical Hanoi's dishes are prepared by Helen Green, a housewife who lives in Ho Chi Minh City The fateful meeting happened when the soldiers realized that a dish they ate on the street was so similar to the Vietnamese fried spring rolls. They weren’t wrong: it was real fried spring rolls, made by an old woman who  came from Hoan Kiem District, Hanoi.Many years back in time, Vietnamese soldiers in the United Nations’ Peacekeeping Mission in the Central African Republic happened to meet an old woman, she was the only one from Vietnam to live in the capital, Bangui. Seventy years before, she … [Read more...] about [Quintessence of Hanoi’s cuisine] Quintessence of Vietnamese cuisine: Hanoi spring rolls

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Demand for cotton forces adjustments

August 7, 2022 by vir.com.vn

Thanh Cong Textile Garment Investment Trading JSC exported over one-third of its products to the United States in 2021. However, the company started to face challenges following the US’ blanket ban on all Xinjiang cotton. Last year, President Joe Biden signed into law the Uyghur Forced Labor Prevention Act. Vietnam’s cotton imports reach up to one million tonnes each year, Photo: Shutterstock Tran Nhu Tung, chairman of the company, said that the company has adopted regulations this year related to this act. Accordingly, buyers have to be responsible for export orders to the US which source Chinese cotton materials. Thanh Cong secures many large orders from the US. In 2022, the company sets a target to generate $179 million in revenues and $10.87 million in profit, up 120 per cent and 188 per cent respectively against last year. Tung noted that yarn exports are the main driving force for Thanh Cong. “There is a rapidly growing demand for yarn imports in the global … [Read more...] about Demand for cotton forces adjustments

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Vietnam makes active contribution to International Law Commission

August 8, 2022 by en.qdnd.vn

Speaking at the 73rd session of the International Law Commission (ILC) on August 5, the ambassador, on behalf of the Asian States regional group, spoke highly of efforts by the commission as well as its contribution and support to developing countries. The 73rd session is the final meeting of the commission in the 2017-2022 tenure, which lasted up to six years due to the COVID-19 pandemic. The session took place from April 18 to June 3, and from July 4 to August 5. Vietnamese Ambassador Nguyen Hong Thao was re-elected to the International Law Commission (ILC) for the 2023-2027 tenure on November 12, 2021, with 145 out of 191 votes, ranking fourth among 11 candidates from Asia-Pacific. During the 2017-2022 tenure, Ambassador Thao was the first Vietnamese to be elected to the ILC. He actively joined and offered ideas to the committee's important discussions regarding environment protection in armed conflicts, atmosphere protection, response to rising sea level and international … [Read more...] about Vietnam makes active contribution to International Law Commission

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Vietnam attempts to realize carbon neutrality commitment

August 8, 2022 by hanoitimes.vn

It requires the engagement of different stakeholders to ensure that carbon neutrality is achieved realistically and sustainably. Amid international efforts against climate change, Vietnam’s public and private sectors have made commitments to reduce their impact on the environment in the context that the country is among one of the most affected by global warming But how can carbon neutrality be achieved realistically and sustainably? Bamboo is biomass that captures CO 2 from the atmosphere effectively. Carbon neutrality is a state of net zero carbon emission, by cutting greenhouse gas emissions to as close to zero as possible, with any remaining emissions re-absorbed from the atmosphere, by oceans and forests for instance. Replacing polluting coal, gas, and oil-fired power with energy from renewable sources, such as wind or solar, would dramatically reduce carbon emissions. As well as deep and widespread cuts in emissions, for carbon neutrality to be … [Read more...] about Vietnam attempts to realize carbon neutrality commitment

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Prospects abound for land-rich industrial players

August 7, 2022 by vir.com.vn

According to Ngo Thi Kim Thanh, senior expert at the Investment Analysis and Consulting Centre for SSI Research, the land lease demand in industrial zones (IZs) continues to secure positive growth for 2022 and beyond. This is attributable to diverse factors such as China’s strict pandemic policy, and reopened borders – paving the way for foreign investors to strike new deals or wrap up land lease procedures which were signed earlier. Prospects abound for land-rich industrial players, Illustrative photo. (Source: VNA) Thanh gave the remarks at a talk show on the charm of real estate tickers, hosted by VIR in Hanoi last week. In the stock market, the performance of real estate tickers is being deemed a bright spot in the context of a lasting market correction since April. During the period, the ticker IDC of IDICO Corporation gained more than 20 per cent, KBC of Kinh Bac Urban Development Corporation rose more than 15 per cent, and VGC of top building material maker … [Read more...] about Prospects abound for land-rich industrial players

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