Viet nam news

CO2 emissions alone climbed from 962 million to 1,056 million tonnes. — VNA/VNS Photo A roadmap for a green port system in Viet Nam is being put forward to reduce impacts on the environment as well as greenhouse gas (GHG) emissions and promote energy efficiency. The Viet Nam Maritime Administration (VMA) cited statistics from the International Maritime Organisation (IMO) showing that GHG emissions of the maritime shipping industry increased by nearly 9.6 per cent between 2012 and 2018 (from 977 million tonnes to 1,076 million tonnes). CO2 emissions alone climbed from 962 million to 1,056 million tonnes. It is forecast that by 2050, GHG emissions in the industry will increase 50 per cent over 2018. According to information released at the International Transport Forum 2020, emissions from maritime shipping activities cost an additional 12 billion EUR a year in the 50 largest ports in the world. Approximately 230 million people have been directly exposed to emissions at 100 … [Read more...] about Roadmap to develop green ports in Viet Nam

A Gamuda Land’s staff introduces new app to customer. The app is launched after being sucessfully piloted in Malaysia. — Photo Courtesy Gamuda Land Property developer Gamuda Land has recently launched the GL Lifestyle app in Viet Nam, aiming to bring the best experience to users. The app, which has been successfully piloted in Malaysia, not only brings a convenient way for users to experience services in the Gamuda Land ecosystem but also has connectivity that help users easily share and exchange information to create a modern Gamuda Land residential community. "One of Gamuda Land's core brand values is 'Promoting innovation to create value'. That's why we focus and deeply invest in the development and implementation of digital technology in the operation process. For Gamuda Land, technology is the most optimal tool to achieve our sustainable development goals at least for the next five years. GL Lifestyle app is no exception,” said Angus Liew, Chairman of the Board of Gamuda … [Read more...] about Gamuda Land launches lifestyle app in Viet Nam

Panasonic‘s Kid Witness News seasons KWN 2021 and KWN 2022 honours 27 films, including seven Top prizes, at a ceremony on September 25.— Photo the organiser Panasonic‘s Kid Witness News (KWN) programme honoured 27 films of seasons KWN 2021 and KWN 2022, seven of which were awarded top prizes at a ceremony on September 25. For the KWN 2022 season, the film entitled “If only my father did not smoke” of the Viet Bamboo team was honored with first prize in the 10 to 12-year-old category. The film is a story of a kid helping his family and other people realise the harmfulness of smoking. The first prize for the student group aged 13 to 18 year old went to the film “Dejavu” produced by students from Dong Anh District. It was an interesting and bright story about a kid who would throw garbage around, but finally changed to care more about environmental protection. The two winning teams will have the opportunity to exchange their movies with other teams around the world at the KWN … [Read more...] about Panasonic announces winners of Kid Witness News programme seasons 2021-22

Many textile and garment enterprises in HCM City are seeing a sharp drop in export orders, mainly from the US and EU. — VNA/VNS Photo Enterprises in the textile, garment and footwear industries are facing a decrease in orders through the rest of this year and possibly into the next year. Pham Xuan Hong, chairman of HCM City Textile and Embroidery Association, said in the eight months of 2022, Viet Nam's textile and garment export value reached US$30.1 billion, but this value mainly came from the first months of the year. Since July, textile and garment industry enterprises have been facing many difficulties, including the reduction in export orders. Many textile and garment enterprises in HCM City are seeing a sharp drop in export orders, mainly in the US and EU, because inflation pressure in these nations is large, forcing consumers to tighten spending. Furthermore, textiles are not essential goods, Hong said. An analysis report on the textile industry published by VNDirect … [Read more...] about Garment, textile, footwear industries face declining in orders

Vietnamese pomelo with good quality is a potential fruit for export. — Photo vneconomy.vn Vietnamese pomelo has large potential for expanding exports to demanding markets including the US, the EU and Japan, according to the Viet Nam Trade Promotion Agency. Nguyen Thi Thu Thuy, Deputy Director of the Export Promotion Centre, said that Vietnamese pomelo was considered to have superior quality to other countries thanks to its moderate sweetness and suitability to consumers of many regions and markets together with a low pest risk. As pomelo has thick skin, it is easy to preserve for a long time after harvest, which makes it possible to transport by sea, according to the official. Besides, agricultural products and pomelo in particular are subject to preferential tariffs under free trade agreements to which Viet Nam is a member. The export potential to many markets of Vietnamese pomelo is still large. Thuy pointed out that currently, Vietnamese pomelo was mainly exported in the … [Read more...] about Vietnamese pomelo has large potential for export

Farmers harvest the 2021-22 winter – spring rice crop in Tien Giang Province’s Cai Lay District. — VNA/VNS Photo Minh Tri Prime Minister Pham Minh Chinh requested relevant ministries and sectors to grasp the situation and have appropriate solutions to stabilise the market and rice prices, and ensure the interests of farmers after information that India will restrict rice exports. The Government Office has just issued Document No 6263/VPCP-KTTH, conveying the opinion of Prime Minister Pham Minh Chinh about India's restriction on rice exports and its impact on Vietnamese rice production and export. Accordingly, India issued an export ban on broken rice effective from September 15; imposed an export tax of 20 per cent on white and brown rice products, accounting for 60 per cent of India's total rice exports, as the Government of India is increasingly concerned about declining supply and food price inflation. The Vietnamese Prime Minister requested the Ministries of Agriculture … [Read more...] about Prime Minister asked to stabilise rice price

A customer fills up at a station in Ha Noi. Skyrocketing oil prices in the global market over recent months have fueled the retail price of petrol and oil in Viet Nam, forcing State management agencies to make use of the fund to intervene in the market. — VNA/VNS Photo The Government needs to carefully evaluate the effectiveness of the petrol and oil price stabilisation fund in keeping the commodity’s retail prices stable before deciding to maintain or eliminate the tool, experts said. Viet Nam is considering amending the Law on Price, which mentions several commodities under the Government’s price stabilisation scheme including petrol and oil. Currently, the Government is using the petrol and oil price stabilisation fund to support its regulation of domestic petrol and oil prices when necessary. Skyrocketing oil prices in the global market over recent months have fueled the rise in retail price of petrol and oil in Viet Nam, forcing State management agencies to make use of the … [Read more...] about Petrol and oil price stabilisation fund requires thorough appraisal

Rajesh Saxena, Chief Executive Officer, Intellect Global Consumer Banking. — Photo Courtesy Cathay United Bank Intellect Global Consumer Banking (iGCB) recently announced that Cathay United Bank has chosen to implement iGCB’s acclaimed digital credit platform iKredit 360 to power the next growth stage of its lending business. The bank chose iGCB’s iKredit360 to meet the ever-changing needs of credit seekers. As an end-to-end loan lifecycle management system comprised of loan servicing, collateral and limits and partner management, iKredit will empower Cathay United Bank to offer curated credit products across all business segments including retail and SMEs. In addition, it will enhance customer experience with end-to-end digitisation of the lending process and increase customer lifetime value and mitigate risks with a real-time 360 degree customer view. Furthermore, the platform will protect and maximise revenues with customer-centric strategies and streamlined collection … [Read more...] about Cathay United Bank to use iKredit 360 to better serve customers

Heineken Vietnam Brewery Company inaugurates the Southeast Asia's largest brewery in Ba Ria- Vung Tau on September 24. — Photo courtesy of the firm Heineken Vietnam Brewery Company inaugurated its brewery in Ba Ria- Vung Tau. This is Southeast Asia's largest brewery, which uses 100 per cent renewable energy. Alexander Koch, CEO of Heineken Vietnam Brewery Co said in early 2020, the People's Committee of Ba Ria- Vung Tau province approved increasing the investment capital by VND1.65 trillion, bringing total capital to VND9.15 trillion (more than US$381 million). In 2017, the brewery was acquired by Heineken Vietnam from Carlsberg, with a capacity of 30 million litres per year. Now the factory has increased its capacity 36 times compared to before, to 1.1 billion litres per year. The Heineken Brewery Project has a total area of ​​40 hectares, operated with a high degree of automation, with innovative products being produced and introduced to the market. The brewery is on track … [Read more...] about Heineken Vietnam inaugurates SEA’s largest brewery in Vung Tau

NovaGroup in collaboration with KfW DEG Impulse, a member of the Investment Fund under the German state-owned investment and development bank (KfW), announced a project titled “Teaching English and Informatics for free for primary school students” in Binh Thuan and Dong Thap provinces on September 26. The project will donate English and Informatics lessons to 1,000 students in Tien Thanh 1 and Tien Thanh 2 primary schools (Tien Thanh Commune, Phan Thiet City, Binh Thuan) and Long Khanh A3 (Hong Ngu District, Dong Thap). On the occasion of the start of a new school year, NovaGroup also gifted Te rice cakes, sausages and canned foods made by Nova Consumer Group to students in the two schools. Dr Bui Phi Hung, CEO Nova Education, representing NovaGroup speaks at the project announcement. He shares with participants about the benefits that the project will bring to students. Through the project, NovaGroup and KfW DEG Impulse expect to establish a high-quality and integrated … [Read more...] about NovaGroup, KfW DEG Impulse to carry out education project for underprivileged students