World economic forum annual meeting

At the event (Photo: asean.org) Jakarta (VNA) - The ASEAN Committee on Disaster Management ( ACDM ) has held its 40th Meeting together with the 3rd ACDM Plus China, 3rd ACDM Plus Japan, 16th Governing Board of the AHA Centre and 1st ASEAN Disaster Resilience Platform ( ADRP ) meeting, aiming to enhance regional cooperation in disaster management and humanitarian assistance. The Department of Disaster Prevention and Mitigation (DDPM) of the Ministry of Interior of Thailand, the Chair of ACDM in 2022, hosted the meetings on 21-23 June via virtual conference. The meetings noted the progress in the implementation of the AADMER Work Programme 2021-2025, particularly the ASEAN Framework on Anticipatory Action in Disaster Management; Guidelines for Operationalising the ASEAN Regional Framework on Protection, Gender, and Inclusion in Disaster Management ; the inaugural meeting of ADRP and endorsement of ASEAN-RoK Work Plan on Disaster Management 2021-2025. The first … [Read more...] about ASEAN strengthens multi-sectoral approach to disaster management

Vietnamese Ambassador to Germany Vu Quang Minh (left) shakes hands with Jochen Flasbarth, State Secretary in the German Federal Ministry for Economic Cooperation and Development on June 23. (Photo: VNA) In a working session with Vietnamese Ambassador to Germany Vu Quang Minh on June 23, the official said that Germany is ready to support Vietnam in building medical centres and facilities. Given the new context of the world and regional economic and political affairs, Germany and Vietnam face many challenges, but also have opportunities to deepen good strategic partnership and create favourable conditions for businesses of the two countries to enhance and expand collaboration, he said. During the meeting, the two sides reviewed the development of cooperation between Germany and Vietnam, including the implementation of Germany's official development assistance (ODA) projects for Vietnam. The German official highlighted the need to simplify procedures relating to the management … [Read more...] about Vietnam, Germany to boost bilateral cooperation

National Assembly Chairman Vương Đình Huệ. —VNA/VNS Photo Vietnamese Ambassador to Hungary Nguyễn Thị Bích Thảo talks to Vietnam News Agency about the official visit to Hungary by National Assembly Chairman Vương Đình Huệ, which is scheduled for June 26-28. Could you talk about the meaning and purposes of the official visit to Hungary by NA Chairman Vương Đình Huệ? This is an important visit by a Vietnamese high-ranking leader to deepen the comprehensive partnership and the parliamentarian relations between Việt Nam and Hungary, amid the context the two countries are in a period of economic recovery after the COVID-19 pandemic. Việt Nam and Hungary have a history of 72 years of friendship and cooperation in many fields, such as education and training, law and justice, culture, sports and people-to-people exchanges. Hungary considers Việt Nam an important partner in the Southeast Asian region. The two countries established the comprehensive partnership in September 2018, … [Read more...] about Top legislator’s visit to Hungary expected to deepen bilateral ties

Vietnamese Ambassador to Hungary Nguyen Thi Bich Thao (Photo: VNA) Budapest (VNA) – The upcoming Hungary visit by National Assembly Chairman Vuong Dinh Hue aims to further deepen the comprehensive partnership between the two countries as well as the two parliaments in the context of post-pandemic economic recovery and development in both countries, Vietnamese Ambassador to Hungary Nguyen Thi Bich Thao told Vietnam News Agency. She said that Vietnam and Hungary have shared a 72-year partnership and traditional cooperation in all fields including education-training, law and justice, culture, sports, and people-to-people exchanges. The diplomat noted that Hungary considers Vietnam an important partner in Southeast Asia, and the two countries lifted their ties to a comprehensive partnership in September 2018. The  parliaments of the two countries have also kept a good relationship with regular meetings and exchanges at all levels, while showing close and effective … [Read more...] about NA Chairman’s visit to deepen ties with Hungary in post-pandemic period: Ambassador

The talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR reviewed the trends of digital transformation and automation in Vietnam’s manufacturing sector At the talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR , Seck Yee Chung, member of the Steering Committee of the Vietnam Business Forum's Digital Economy Working Group said, “Companies from different industries have to adapt to new technologies to compete and survive. However, adaptation is not an easy process. I suggest companies can focus on the four As, which include awareness, accessibility, adaptation, and advancement." Chung added, “One of the challenges right now is knowledge. There are so many technologies and so many new exciting opportunities. You see it but where do you start. That is the stage where you are required to assess your needs to see what is critical and who can help you. Small and big companies may struggle to deal … [Read more...] about A more connected manufacturing sector through smart applications

Vietnamese influential climate activist Nguy Thi Khanh was jailed for tax evasion, the Ministry of Foreign Affairs confirmed on Thursday, refuting the rumor that she was criminally charged for her climate-related activities. Khanh was sentenced to 24 months in prison for tax evasion during her trial at the Hanoi People’s Court on June 17. The investigation and hearing were carried out in line with the law, and the trial was held publicly, spokesperson for the Ministry of Foreign Affairs Le Thi Thu Hang answered the questions from foreign media during a regular press meeting on Thursday. The defendant had all her rights guaranteed in accordance with the law, Hang added. Vietnam is determined to fight and strictly deal with violations of the law in accordance with regulations, the diplomat stressed, adding that all citizens are equal before the law. Khanh was investigated and indicted for her economic offense, particularly breaking the rules on tax management, and she pleaded … [Read more...] about Vietnam refutes rumor that prize-winning environmentalist was jailed for climate-related activities

Illustrative photo. Speaking with Saigon Investment about the credit room, Dr. HO QUOC TUAN, University of Bristol, U.K., said that the world has seen several periods of crisis as currently present today. The general lesson that can be learnt when using credit lines is that many loans will turn into non-bank loans, so it is more difficult to control. When borrowing from banks, there are rules on capital adequacy besides many other regulations. When using the credit tool, the purpose to be achieved is not clear and it is not easy to set specific limits. JOURNALIST: - Sir, what do you think about the State Bank of Vietnam's opinion that if Vietnam removes the credit limit, then banks will race to credit markets, which will then lead to an increase in interest rates to mobilize and lend, thereby affecting the macro currency? Dr. HO QUOC TUAN: - This is not true at all. Because when the Covid-19 pandemic occurred, or even before the pandemic, central banks were not naive to think … [Read more...] about Roadmap needed to remove credit room