The launch ceremony was co-hosted by the provincial Department of Agriculture and Rural Development, the Korea International Cooperation Agency in Vietnam (KOICA Vietnam) and the Republic of Korea (RoK)’s Merry Year International (MYI) funding agencies. Standing Vice Chairman of the provincial People's Committee Truong Canh Tuyen said the project aims to improve the material and spiritual lives of households vulnerable to climate change, especially poor families living off agriculture, contributing to improving climate change adaptation in the community for sustainable ecosystem conservation. MYI Secretary General Kim Choo-in said MYI will work with the department and the Can Tho University’s Faculty of Rural Development to set up a climate risk assessment system, build more surface water salinity monitoring stations, and utilize information and communication technology to improve remote management capabilities. By 2025, five more surface water salinity monitoring stations and a … [Read more...] about Project launched in Hau Giang to improve adaptation to climate change
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Prime Minister hosts leader of Yunnan provincial Party Committee
The talk between Prime Minister Pham Minh Chinh and his guest focused on measures to tap the potential and strengths of both sides and further promote bilateral cooperation, especially between Vietnamese localities and Yunnan province in the near future. Prime Minister Pham Minh Chinh highlighted the need to continue concretizing the common view of Vietnamese Party General Secretary Nguyen Phu Trong and Chinese Party General Secretary and President Xi Jinping on taking the Vietnam - China relations into a new development phase with higher political trust, more practical and effective cooperation and a stronger friendship foundation. He wished that the two countries’ ministries, agencies and localities would maintain regular exchanges, effectively make use of existing cooperation, and actively promote friendly exchanges between mass organizations in border areas to raise mutual understanding and trust. The Prime Minister also wanted to expand mutually-beneficial cooperation … [Read more...] about Prime Minister hosts leader of Yunnan provincial Party Committee
Developments for Vietnam to watch in midst of bank crisis
In 2008, the US investment bank Bear Stearns, on the verge of collapse, had to be rescued by J.P. Morgan. This marked the beginning of the global financial crisis of 2008, which sent the global economy into a deep recession and caused significant economic damage, including massive employment losses. Patrick Lenain, senior associate at the Council on Economic Policies Today, several banks are once again in trouble. As of March 22, four large banks were in distress. Silicon Valley Bank (SVB), a $212 billion US bank specialising in tech startups, collapsed when it was unable to meet deposit withdrawal requests and had to be taken over by federal regulators. A few days later, Signature Bank, another midsized US bank with assets of $110 billion, also suffered a severe liquidity crisis and was seized by federal regulators. This was followed by First Republic Bank with assets of $205 billion, which was hit by rating downgrades and a tumbling share price and had to be … [Read more...] about Developments for Vietnam to watch in midst of bank crisis
Herbalife sponsors nutrition for Vietnam’s national football teams
At the event (Photo: qdnd.vn) Hanoi (VNA) – The Vietnam Football Federation (VFF) held a ceremony in Hanoi on March 29 to announce Herbalife Vietnam Nutrition Company as the official sponsor of Vietnam’s national football teams, following their partnership from 2021-2024. Vietnam national football teams will compete in major international tournaments such as the 32nd SEA Games in Cambodia, the 2024 AFC U23 Championship Qualifiers, the 19th ASIAD and the Southeast Asian Women's Football Championship. Especially in July, the Vietnam national women's football team will for the first time compete in the FIFA Women's World Cup 2023. Junior teams will join youth football tournaments within the regional and continental competition systems, said VFF Secretary General Duong Nghiep Khoi./. VNA … [Read more...] about Herbalife sponsors nutrition for Vietnam’s national football teams
Ministry proposes draft on cross-border trade
A vehicle loaded with Vietnam ese goods goes through Ma Thu Lang Border Gate to enter China .(Photo: VNA) Hanoi (VNS/VNA) - The Ministry of Industry and Trade (MoIT) is seeking public comments on a legal draft amending Decree No. 14 on cross-border commercial activities. The draft aims to plug some loopholes that have been exploited by traders to disguise their commercial activities as cross-border individual transactions (CITs). It is also part of the government's efforts to promote the movement of goods via official channels, putting an end to trade bottlenecks at border gates. The draft stipulates that traders who engage in commercial activities at auxiliary border gates or border crossing points must do so at the gates or points approved by provincial authorities. The traders and their companies are also required to carry a valid passport or equivalent papers while doing the trade. Vehicle drivers, in addition to the papers, are required to have a valid … [Read more...] about Ministry proposes draft on cross-border trade