Pineapple processing at Dong Giao Foodstuff Export JSC in the northern province of Ninh Binh. Agriculture plays a pivotal role in the economies of Viet Nam and the Netherlands and is deeply imprinted in the culture and people of the two countries. — VNA/VNS Photo Thuy Dung Due to their similar geographical features and advantages, the Viet Nam and the Netherlands have increased their sustainable development partnership in agriculture, water management, and climate change adaptation, said Ambassador of the Netherlands to Viet Nam Kees van Baar. Agriculture plays a pivotal role in the economies of Viet Nam and the Netherlands and is deeply imprinted in the culture and people of the two countries, the diplomat told Dau tu (Vietnam Investment Review). Close co-operation between the two sides has resulted in new visions and the blooming of business cooperation, with a growing number of the Netherlands' companies doing business and investing in Viet Nam. The Netherlands is the … [Read more...] about Viet Nam, Netherlands eye further cooperation in sustainable development
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EcoFlow introduces a series of power and renewable energy solutions in Viet Nam
With the RIVER series, EcoFlow provides a wide selection of portable power systems perfectly designed for camping trips. —Photo courtesy of the company EcoFlow, an eco-friendly energy solutions company, has introduced a series of power and renewable energy solutions to the Vietnamese market, offering the best solutions for the best possible chance to have a wonderful camping trip. EcoFlow provides a wide selection of portable power systems perfectly designed for camping trips. With the RIVER series, campers can have plenty of backup energy in a compact device. The RIVER Pro is the most powerful in the series and comes with three AC outlets and a combined 600w output, while the RIVER Mini, with a weight of just 2.8kg, is the perfect size to carry in a backpack while still pumping out nearly 300w of power. If you prefer to prepare for any incident, invest in reliable backup power to recharge your portable power station. The EcoFlow Portable Solar Panels attach to your RIVER PPS … [Read more...] about EcoFlow introduces a series of power and renewable energy solutions in Viet Nam
Rikkeisoft enters the US market to realise the “Go Global” strategy
Rikkeisoft's leaders announced the establishment of RKTech in the US and appointed Bui Hoang Tung as their Senior Executive Vice President of Rikkeisoft Corp. and CEO of RKTech Corp. — Photo courtesy of the firm Rikkeisoft on Tuesday officially announced the establishment of its subsidiary company - RKTech in the US, acting as a bridge coping with timezone and communication challenges between US businesses and Viet Nam-based production teams. Located in Plano, Texas - a technology hub in the US, RKTech could help US companies easily access Southeast Asian IT services as an alternative to ones from other outsourcing countries such as India and Argentina. RKTech will develop and deliver high-value IT services to the US market. This is also an opportunity for the corporation to access global cooperation, helping them achieve their goal of becoming a billion-dollar company in the next five years. RKTech also appointed Bui Hoang Tung as their Senior Executive Vice President of … [Read more...] about Rikkeisoft enters the US market to realise the “Go Global” strategy
MoIT propose adjusting fuel prices every Thursday
A petrol station in HCM City. The Ministry of Industry and Trade has proposed that fuel prices be adjusted weekly on Thursday. — VNA/VNS Photo Prime Minister Pham Minh Chinh asked the Ministry of Industry and Trade (MoIT) to take measures to ensure the supply of all key commodities, especially fuel, and to stabilise the country's distribution channels for the economy after the Tet (Lunar New Year) holiday. Vietnam Electricity (EVN) was told to speed up the construction and implementation of major power projects, including renewable energy, to ensure enough power for the country's crucial industries. In addition, priority should be given to connecting isolated and remote communes to the national power and telecommunication networks. MoIT, the ministry in charge of Viet Nam's power sector, was told to quickly finish and submit the country's Power Planning VIII to the central government for review. The PM said the country's top priority in the short term is to focus on boosting … [Read more...] about MoIT propose adjusting fuel prices every Thursday
Vietnam publishes book on Communist Party chief’s anti-corruption
The book shows the Party Chief’s comprehensive direction in the graft fight drawn from practice and foresight on issues of Party building, anti-corruption, and the country’s development. Vietnam today [February 2] introduced the launch of a 600-book on the corruption fight by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong. The book on Anti-corruption was written by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong. Photo: NLD Titled “Persistently determined to prevent and fight against corruption and negative phenomena, contributing to building an increasingly transparent and strong Party and State”, the book summarizes the anti-corruption direction of the General Secretary, who is also head of the Central Steering Committee on Anti-corruption. The book, published by the National Political Publishing House, will be released in print and online. The online version is available for free on stbook.vn . … [Read more...] about Vietnam publishes book on Communist Party chief’s anti-corruption
Buddhist artifacts make nationwide tour
The Lieu Quan Buddhist Cultural Center in Hue City Hundreds of monks, nuns and Buddhists as well as pilgrims have travelled to the Dieu Quang Pagoda in the central province of Khanh Hoa 's Nha Trang City to view 38 Buddhist sarira on display. Said to be the crystallised remains from the cremated Buddha's physical body, Buddha sarina were placed in small glass-towers for worshipping. The artefacts are now in Phu Yen Province , and will be displayed in Ha Noi and HCM City before returning to India . The display is being held to celebrate the Lord Buddha's Birthday in the Year of the Buddhist Calendar 2550. Within the framework of the Buddhist Culture Week 2010 at the Lieu Quan Buddhism Culture Centre in the central city of Hue , the managing committee of Thua Thien-Hue Province Buddhist Church held a celebration to light seven of giant lotus-shaped lanterns anchored in the Huong River on Friday. … [Read more...] about Buddhist artifacts make nationwide tour
Volatile real estate market puts pressure on business results
A construction site of Phat Dat Real Estate Development Joint Stock Company (PDR). PDR reported net revenue of VND14.6 billion (US$622,600) in the last 3 months of 2022. — VNA/VNS Photo A volatile real estate market caused revenues and profits of realty businesses to decrease sharply in the fourth quarter of 2022. Phat Dat Real Estate Development Joint Stock Company (PDR) reported net revenue of VND14.6 billion (US$622,600) in the last three months of 2022, a sharp decrease compared to the VND1.29 trillion recorded in the fourth quarter of 2021. The company suffered an after-tax loss of VND229.4 billion in Q4 of 2022, while in the same period in 2021, it reported a net profit of VND751.4 billion. This was considered Phat Dat's "failure" quarter as the company reported a loss for the first time since it announced business results. Dat Xanh Group Joint Stock Company (DXG) reported a loss of VND460 billion in the last quarter of 2022. During the period, the company's net revenue … [Read more...] about Volatile real estate market puts pressure on business results
Vietnam athletes offered $1mn for winning Paris Olympic gold medal
Vietnamese athletes will get US$1 million for each gold medal at the 2024 Paris Olympic Games, $500,000 for silver, and $200,000 for bronze. The bonuses, which are the biggest rewards ever offered in Vietnam’s sports history, result from a deal signed by the Vietnam Olympic Committee (VOC) and a strategic partner of the International Sports Funding & Support Association (ISF) in South Korea that will sponsor the entire amount. As per the agreement, some key Vietnamese athletes and teams will go to South Korea for training. Dang Ha Viet, general director of the General Sports Administration of Vietnam under the Ministry of Culture, Sports, and Tourism, affirmed the ISF support will create a 'golden' chance for Vietnam to elevate its rankings in the regional, continental, and global arenas. The 2024 Summer Olympics are scheduled to take place from July 26 to August 11, 2024 with Paris as its main host city alongside 16 other French cities. At the 2020 Tokyo Olympics held … [Read more...] about Vietnam athletes offered $1mn for winning Paris Olympic gold medal
Digital technology to spearhead Vietnam’s drive for Industry 4.0
By 2025, the Ministry of Information and Communications expected Vietnam to have 80,000 digital tech firms, meeting at least 50% of digital tech and services from state agencies. Vietnam aims for the digital technology industry to lead the implementation of Industry 4.0 in the country, with revenue growth 2.5 times higher than the overall GDP expansion rate. ICT to help Vietnam realize the digitalization process. File photo The target was revealed in the Ministry of Information and Communications (MIC)’s directive for information and communication technology (ICT) development in 2023 and the 2024-2025 period. "Digital technology focused on design, creation, and manufacturing in Vietnam is the main industrial sector driving the nation's industrialization and modernization, contributing to greater digitalization capability and shaping a digital country," the MIC stated. Under the plan, the ministry expected revenue from the ICT sector would hit US$165 … [Read more...] about Digital technology to spearhead Vietnam’s drive for Industry 4.0
Heavyweight shares help stop market from a fall
Vincom Pham Ngoc Thach in Ha Noi. Vincom Retail (VRE) and Vincom (VIC) rose 3 per cent and 1.1 per cent, respectively, yesterday. — VNS Photo Mai Huong The VN-Index edged up slightly on Thursday despite two-thirds of shares dipping in the red, driven by the growth of heavyweight shares. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index inched up 0.15 per cent to close the day at 1,077.59 points. The northern bourse’s index decreased more than 3 per cent on Wednesday. Two-thirds of shares on the HoSE lost value, mainly small- and mid-cap shares. From the perspective of industry groups, most of the groups underperformed, except for retail (up 4.2 per cent on average) and banking (0.6 per cent). Data on vietstock.vn showed 18 out of 25 stock groups recorded losses, led by seafood processing companies (down 2.3 per cent on average), agriculture, logistics, machinery, construction and household appliances with each decreasing more than 1 per cent. Blue chips were mixed. … [Read more...] about Heavyweight shares help stop market from a fall