Vietnam cambodia economy

There are hundreds of thousands of unauthorized games, card games, and gambling games which cause insecurity and disorder as well as bad consequences for the society, the ministry’s Authority of Broadcasting and Electronic Information said at a meeting on Thursday. The unauthorized games, mainly released on the App Store, Google Play, and online gaming platform Valse Stream, are estimated to generate an annual revenue of nearly VND5 trillion ($211.86 million), accounting for 30% of the total revenue of the game industry in Vietnam. The ministry is requiring organizations and businesses that provide intermediary payment services not to allow payment for unauthorized games through their systems. In the case of payments via IAP (in-app purchases), they should ask Apple and Google to provide sufficient information about the transaction to block the payment. Every month, the Authority of Broadcasting and Electronic Information will update the list of licensed and unlicensed games … [Read more...] about Vietnam to block payment for unlicensed games

The ground-breaking ceremony for the project on December 19 (Photo: VNA) Vientiane (VNA) – Work on construction of a bauxite-alumina mining industrial complex , one of Vietnam’s largest projects in Lao, began in Dakcheung district, the southern Lao province of Sekong, on December 19. bauxite mine worth 1 billion USD has an annual capacity of 1 million tonnes. It is expected to operate for 30 years and could be extended to 50 years. Viet Phuong Group Phuong Minh Hue pledged to bring success to the project, contributing to socio-economic development in remote and disadvantaged areas of Sekong province and bilateral economic ties between the two nations, especially in the Vietnam – Laos – Cambodia development triangle. VNA … [Read more...] about Work starts on Vietnam’s biggest project in Lao province

Deputy Prime Minister Tran Hong Ha speaks at the event (Photo: VNA) New York (VNA) – Vietnam pledges to further enhance cooperation with international organisations and partners, especially countries within the Mekong River Commission (MRC) and Mekong-Lancang cooperation mechanism, to achieve sustainable cross-border water development goals, Deputy Prime Minister Tran Hong Ha has said. Deputy PM Tran Hong Ha meets President of Tajikistan Emomali Rahmon (Photo: VNA) Within the framework of the event, Deputy PM Ha met with President of Tajikistan Emomali Rahmon and suggested both nations consider boosting cooperation in climate change adaptation and water resource management in the coming time. Deputy PM Tran Hong Ha and UNFPA Executive Director Natalia Kanem (Photo: VNA) In a meeting with Executive Director of the United Nations Population Fund (UNFPA) Natalia Kanem, Ha suggested the fund offer continued support to build and launch social social welfare policies … [Read more...] about Vietnam commits to cross-border water development goals: Deputy PM

Netflix is making necessary procedures in order to establish its legal entity in Vietnam, said Josephine Choy, vice president and general counsel Asia Pacific at Netflix, during a recent meeting in Hanoi with Deputy Minister of Culture, Sports and Tourism Nguyen Thanh Lam. Josephine Choy, vice president and general counsel Asia Pacific at Netflix, meets with Deputy Minister of Culture, Sports and Tourism Nguyen Thanh Lam in Hanoi. She expressed the streaming giant’s hope that competent agencies in the country would create favourable conditions in order for Netflix to complete all procedures and find a legal entity locally in the near future. Lam for his part noted that with its potential in technology and content creation, Netflix would help fuel the development of the film industry and creative economy in Vietnam. He also requested that Netflix urgently set up a group to work closely alongside the Ministry of Information and Communications in order to regularly … [Read more...] about Netflix to establish legal entity in Vietnam

Vietnamese Deputy Defense Minister Senior Lieutenant General Hoang Xuan Chien and his Lao counterpart Lieutenant General Vongkham Phommakone co-chaired the event. At the dialogue, the two sides shared a common perception on the impacts of regional and global situations, the rise of non-traditional security challenges, major power’s growing competition for influence in Asia-Pacific. They agreed that in that context, ASEAN has continued to promote its centrality in the region, enhance dialogues and cooperation among ASEAN member states and other partners for regional peace and stability. The two sides spoke highly of the outcomes of their bilateral defense cooperation over the past time, especially the successful organization of nearly 30 big and meaningful activities in the Vietnam - Laos, Laos - Vietnam Year of Solidarity and Friendship in 2022. They also praised the two sides’ agencies and units for their great efforts and close coordination to fulfill the cooperation plan for … [Read more...] about Vietnam, Laos hold 3rd defense policy dialogue

Illustrative image (Source: VNA) Phnom Penh (VNA) – All-level public and private educational institutions in Cambodia will be closed from April 20 to May 18 for the 32nd SEA Games and the 12th ASEAN Para Games. Minister of Education, Youth, and Sports Hang Chuon Naron sent a document on the closure to all school rectors and directors of education departments in Phnom Penh and provinces. As many as 11,453 sport delegates from the ten ASEAN member countries and Timor-Leste will compete in the upcoming games. The 32nd SEA Games will take place from May 5-7, featuring 37 sports, while the 12th ASEAN Para Games will be held from June 3-9, 2023, with 13 events. The torch relay for the games began in Cambodia on March 21. The first stop of the torch outside the host Cambodia in its tour of the 10 ASEAN countries is Hanoi, Vietnam, where it was carried along several streets around Hoan Kiem Lake in the downtown of Hanoi on March 24 morning./. VNA … [Read more...] about Cambodian schools to be closed during SEA Games

A China-Vietnam-Laos freight train loaded with agricultural products at Nanning International Railway Port in Nanning, China's Guangxi Zhuang Autonomous Region (Photo: xinhua) Hanoi (VNA) - Trade between countries along the Mekong River and China posted steady growth last year despite COVID-19 and the sluggish global economy. Specifically, China's trade volume with Cambodia, Laos, Myanmar, Thailand and Vietnam hit 416.7 billion USD in 2022, up 5% year-on-year. The figures were disclosed at the opening ceremony of Lancang-Mekong Cooperation (LMC) Week 2023, which was held on March 23 in Kunming, China’s Yunnan province. Since, the mechanism was launched in 2016, it has become a landmark cooperation model in the region, and has continuously injected vitality into regional development./. VNA … [Read more...] about Trade between Mekong countries, China reaches over 416 bln USD in 2022

Hanoi (VNA) – Indonesian Tourism and Creative Economy Minister Sandiaga Uno said his ministry will collaborate with Skouw Cross-Border Post (PLBN), Jayapura, Papua, Chief Administrator Yan Numberi, for tourism and creative economy development in Indonesia-Papua New Guinea (PNG) border. The official was quoted by local media as saying that the ministry will carry out two agendas to revive the tourism sector and the creative economy in border areas. The agenda for tourism and creative economy development in the border region aims to restore the condition of the Skouw PLBN to what it was before the COVID-19 pandemic when 1,500 foreign tourists had entered Indonesia, he stated. The first agenda is the improvement of tourism infrastructure and the creative economy within the framework of the Special Allocation Fund (DAK) that will be proposed in collaboration with the Jayapura City Tourism Service, Uno said. Moreover, he plans to hold the cross border festival in 2023 that … [Read more...] about Indonesia, Papua New Guinea strengthen tourism cooperation

The event, entitled “Offshore Renewable Energy: Opportunities and Challenges to Green Transition,” drew the virtual and in-person participation of more than 200 domestic and foreign experts. It was jointly organized by the Diplomatic Academy of Vietnam (DAV) and the Konrad Adenauer Stiftung Foundation (KAS). In his remarks, Assistant to Foreign Minister Nguyen Minh Vu expressed optimism about the development of renewable energy in general and wind power in particular. In the long term, offshore wind power will be cheaper than current fossil fuel-based energy sources, he said, adding that other types of offshore renewable energy are also becoming indispensable elements of the modern, blue economy. Vietnam is committed to joining the common effort of mankind to promote clean energy, as demonstrated through its commitments at the 26th U.N. Climate Change Conference of the Parties (COP26) and the Just Energy Transition Partnership (JETP), the official said. Vietnam is an attractive … [Read more...] about Ocean dialogue discusses offshore renewable energy potential

The companies are Hoa Phat Group, Vicostone JSC, Viglacera Corporation, Hoa Sen Group, An Cuong Wood – Working JSC, Tien Phong Plastic JSC, Binh Minh Plastic JSC, Vicem Ha Tien Cement JSC, Siam City Cement Vietnam Ltd., and Eurowindow JSC. The list was based on Vietnam Report’s independent research. Businesses are filtered out from the database in Vietnam Report's ranking studies in the construction industry with financial data updated to December 31, 2022, in combination with the use of Media Coding method and surveys, giving the most comprehensive, objective and complete assessments of the businesses during the recent period. Two years after the COVID-19 pandemic, amid unpredictable fluctuations, construction materials enterprises are still trying to adapt to new conditions, improve resilience and competitiveness to rise stronger in the future. Vietnam Report General Director Vu Dang Vinh said that all businesses in the construction material sector engaged in the survey said … [Read more...] about Top 10 Vietnamese construction material companies announced