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Why cloud computing is needed

/ March 8, 2021

13th PCC’s second plenum considers leading positions

The Politburo will also ask for the Party Central Committee’s opinions before it officially introduce candidates for other posts for the legislature to consider, elect or approve, Trong stated. In his opening remarks, the top leader stressed the need to give priority to urgent issues, outstanding difficulties and key missions which need breakthroughs. He noted that after the 13th National Party Congress, the Politburo assigned tasks for Politburo and Secretariat members and prepared for the introduction of Party Central Committee members as candidates for the election of deputies to the 15th NA. The Politburo reached a high consensus on the need to early complete the nomination of candidates for leading positions of State offices, and to submit the nominations to the 14th NA’s 11th session for approval. The top leader emphasized the importance of consistently following the orientation for personnel work approved by the 13th National Party Congress so as to ensure the united, comprehensive and harmonious leadership of the Party in all aspects and localities and create a general strength. It is necessary to have an overall view to reach the most suitable personnel arrangement, he said, adding that personnel work should be carried out in accordance with the Party’s regulations, the Party Central Committee’s working statutes, and the principle of the Party’s leadership in personnel work and management of officials of the political system, as well as legal regulations on State agencies’ organisation and operations. The 13th Party Central Committee’s second plenum will last until March 9. Source: VNA …

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/ March 8, 2021

Nguyen Thi Nga – Top Vietnamese influencer

Deputy Prime Minister Truong Hoa Binh granted Madame Nga a certificate for her valuable contributions to the ASEAN business community BRG Group, under the apt leadership of chairwoman Nguyen Thi Nga, has gone out of its way to share the burdens of the communities in Vietnam and incite businesses across the ASEAN to greater action for the common good. Last year’s difficulties forced a halt to most large-scale community events. But going against the grain, the ASEAN Business Awards (ABA) were still organised to honour the bloc’s best performers, continuing an annual tradition going back to 2007. Nga, an organiser of ABA 2020, shared that the year was a hard one for both ASEAN and Vietnamese businesses but it was also a year for kind-hearted actions and activities that need to be recognised and honoured. “That is the reason why we could not allow the ceremony to be cancelled – to highlight businesses which have not only been working to maintain development but also to make significant contributions to the prevention of the pandemic,” she said. “The prime minister expressed his full support for us to organise the annual event. His belief was great motivation for us to go ahead with this prestigious and meaningful ceremony for the business community during the hard time of the pandemic,” Nga shared with VIR. As a result, 58 corporations from across ASEAN were honoured in 10 categories at ABA 2020 last November in Hanoi, sharing the stories of each entrepreneur and business to inspire the public and the entrepreneurial community to greater action. “In 2020, many ASEAN businesses and entrepreneurs have been on the frontlines of COVID-19 action. The business community has helped mitigate the damage on the regional economy while ensuring jobs for employees and maintaining business growth,” Nga said. “At the same time, they have contributed great and valuable resources to epidemic prevention and control in their respective countries. This dedication deserves to …

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/ March 8, 2021

Vietnam provided with US$86.3 million to boost energy efficiency investments

The total support from GCF also includes a US$75 million guarantee. US$8.3 million from the grant will be used to build capacity in the private sector to identify, appraise and execute energy efficiency projects. It will also provide technical assistance to the Ministry of Industry and Trade and the relevant authorities to further strengthen policy frameworks and regulations and create a helpful environment aimed at accelerating the energy efficiency market in Vietnam. The remaining grant funds and guarantee will be used to establish a risk-share facility to provide partial credit guarantees to local banks who may risk potential default on loans for energy efficienct projects. By reducing lending risks, the facility is expected to mobilize around US$250 million of commercial financing, to be provided to industrial enterprises and energy service companies at competitive terms and with low collateral requirements. Scaling up energy efficiency is the single best and lowest cost option to achieve multiple goals at once: meeting energy demand, preventing pollution and reducing greenhouse gas emissions while also increasing industry competitiveness, Carolyn Turk, Country Director for Vietnam said. In a context of limited public financing for energy, the risk-share facility is an innovative financial instrument in private sector investment financing for a greater uptake of industry-wide energy efficiency measures, she added. The grant and guarantee are to be executed under the Vietnam Scaling up Energy Efficiency Project which aims to support Vietnam in achieving the energy efficiency targets set out in the Green Growth Strategy as well as emission reduction objectives pledged under the National Determined Contributions. The World Bank’s Low Carbon Study estimates that Vietnam could save up to 11 GW of new generation capacity by 2030 if comprehensive demand-side energy efficiency investment takes place. The energy efficiency investment need for key industries …

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