Vietnamese Ambassador to Thailand Phan Chi Thanh (L) and Thai Deputy Minister of Labour Surachai Chaitrakulthong (Photo: VNA) Bangkok (VNA) - Vietnamese Ambassador to Thailand Phan Chi Thanh had a working session with Thai Deputy Minister of Labour Surachai Chaitrakulthong on March 24 to discuss measures to further step up labour cooperation between the two countries. The Vietnamese diplomat briefed on economic cooperation between Vietnam and Thailand, saying that Thai businesses highly value business opportunities in Vietnam and want to expand their investment in the country. Many Thai corporations have invested in Vietnam with large-scale projects, using many Vietnamese workers, he said, adding that the Vietnamese Government always creates favourable conditions for Thai labourers to work in the country. He thanked the Thai Government for supporting legal workers from Vietnamm in the past time, and suggested the Thai side consider adding more industries for … [Read more...] about Vietnam, Thailand eye stronger labour cooperation
Vietnam singapore industry park
Corporate bond issuance surges in March after prolonged inactivity
Vinhomes Ocean Park 2 in Hung Yen province. Hung Yen Urban Investment and Development Co issued two lots of bonds worth total 7.2 trillion VND on March 16 with collateral of property rights arising from business cooperation contracts at Vinhomes Ocean Park 3 project. (Photo courtesy of Vinhomes) Hanoi (VNS/VNA) - The corporate bond market is showing signs of recovery after a prolonged period of inactivity with a notable increase in both the number of issuers and value of issuance. Data on the Hanoi Stock Exchange showed as of March 24, eight companies issued bonds worth more than 23.8 trillion VND (over 1 billion USD), of which real estate firms dominated the market with total issued value of 19 trillion VND, accounting for 80% of total value. This number was a significant increase compared to the value of 500 billion VND in February and 110 billion VND in January. On March 16, two realty firms – Hung Yen Urban Investment and Development Co Ltd and Southern Star Urban … [Read more...] about Corporate bond issuance surges in March after prolonged inactivity
Cabinet recognises progress in promoting Thai soft power
Thai Deputy Government Spokesperson Tipanan Sirichana.(Photo: nationthailand.com) Bangkok (NNT/VNA) - The Cabinet has acknowledged the progress made in promoting Thailand’s image through the use of "soft power" in the entertainment industry, said Deputy Government Spokesperson Tipanan Sirichana. The government aims to promote economic development through the entertainment industry, encouraging the sales of Thai goods and services while motivating entrepreneurs through tax measures. As part of this effort, the Cabinet has appointed a committee to study and develop policies, plans and strategies for the purpose of supporting and improving the nation’s soft power through the industry. Additionally, the committee will offer tax deductions or financial incentives to motivate private entrepreneurs in the manufacturing, service, and production sectors to promote Thai products and services. The committee will propose several draft plans to the Cabinet for approval. The … [Read more...] about Cabinet recognises progress in promoting Thai soft power
Mangrove worm a staple in Saigon’s beloved porridge
The unnamed porridge shop in Tan Phu District sells porridge cooked in the style of the Teochew people, who originated in southeast China, which is served with shrimp, fish, pork intestines, and trung bien -mangrove sea worms. Tang Khanh Toan, the shop owner, said that the business started in 1983, and was passed down by his father. The eatery first started selling porridge on Au Co Street, which is one kilometer away from the current location at 104/22B Trinh Dinh Trong Street, Phu Trung Ward. The current location has also been the family's home since the 1990s. The porridge is quite popular among the Chinese community in Saigon. Mangrove worms are used in traditional Chinese medicine to raise testosterone levels and enhance health. According to the owner of the restaurant, many people confuse trung bien with sa sung , or peanut worms, because of the similar shape. Mangrove worms are cleaned inside out thoroughly and used within the day. Photo by VnExpress/Quynh … [Read more...] about Mangrove worm a staple in Saigon’s beloved porridge
Research institute, agri-business cooperate in developing purebred rice varieties
Accordingly, Syngenta will finance the institute’s research on the best purebred rice varieties from now till 2025. The two sides will also cooperate in the fields of plant protection, covering the research, testing and evaluation of pesticides. To satisfy requirements in the transformation of the rice sector, the institute has adjusted its research strategy, its Director Tran Ngoc Thach said, adding that apart from productivity, resilience to insects and quality, attention has been paid to issues regarding fertilizers, greenhouse gas emissions and tolerance to the environment during the research of rice varieties. Vietnam exported 7.13 million tons of rice for 3.4 billion USD last year, up 13.8% in volume and 5.1% in value year on year, making it among the top three rice exporters globally, according to the Ministry of Industry and Trade. This year, Vietnam’s rice export is estimated at about 6.5-7 million tons thanks to higher demand for Vietnam’s quality rice. Source: VNA … [Read more...] about Research institute, agri-business cooperate in developing purebred rice varieties
Abandoned projects result in prime land waste in Da Nang
The three projects are located at prime locations on Hung Vuong Street in Hai Chau District, about 400 meters from the Han River. They are the Da Nang Center project (No. 1), Diamond Square project (No. 2), and the Golden Square commercial complex, office, hotel, and luxury apartment project (No. 3). The Da Nang Center project, invested in by Vu Chau Long Real Estate, covers an area of more than 7,800 square meters and has a total capital of nearly VND500 billion ($21.25 million). When construction started in March 2008, the project was advertised as high-rise apartment buildings, a high-class standard commercial center, and a five-star hotel and conference center. However, no development has been going on and rainwater has turned the project area into a pond. With its northern façade bordering a residential area, part of the project has now been turned into a landfill as locals arbitrarily throw trash … [Read more...] about Abandoned projects result in prime land waste in Da Nang