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Vietnamese Prime Minister Phạm Minh Chính gave the speech at the launch of the Indo-Pacific Economic Framework for Prosperity on Monday. — VNS Photo HÀ NỘI — Việt Nam will join 12 countries in the region in the Indo-Pacific Economic Framework for Prosperity (IPEF) as US President Joe Biden launches the initiative on Monday during his visit to long-term ally Japan. The formal rollout of the IPEF was held in a hybrid format in Tokyo – with US President, Japanese Prime Minister Fumio Kishida, and Indian Prime Minister Narendra Modi taking part in person, and leaders from Australia, Brunei, Indonesia, Malaysia, New Zealand, Philippines, Singapore, South Korea, and Thailand joining remotely. The White House said this economic framework with an initial 13 countries represents 40 per cent of global GDP. The future of the global economy will be largely written in the Indo-Pacific, which covers half the population of the world and more than 60 per cent of the global GDP, US President … [Read more...] about Việt Nam joins US-led Indo-Pacific Economic Framework for Prosperity

Vietnamese Prime Minister Phạm Minh Chính gave the speech at the launch of the Indo-Pacific Economic Framework for Prosperity on Monday. — VNS Photo HÀ NỘI — Việt Nam will join 12 countries in the region in the Indo-Pacific Economic Framework for Prosperity (IPEF) as US President Joe Biden launches the initiative on Monday during his visit to long-term ally Japan. The formal rollout of the IPEF was held in a hybrid format in Tokyo – with US President, Japanese Prime Minister Fumio Kishida, and Indian Prime Minister Narendra Modi taking part in person, and leaders from Australia, Brunei, Indonesia, Malaysia, New Zealand, Philippines, Singapore, South Korea, and Thailand joining remotely. The White House said this economic framework with an initial 13 countries represents 40 per cent of global GDP. The framework will focus on four key pillars – Connected Economy (including rules on digital economy, standards on cross-border data flows and data localisation, online privacy, … [Read more...] about Việt Nam joins Indo-Pacific Economic Framework for Prosperity

Gasoline price hits new record high so far Due to the increasing pressure of gasoline prices in the world, this afternoon, the Inter-Ministry of Industry and Trade - Finance decided to spend the price stabilization fund to subsidize gasoline prices so that gasoline prices in countries have a lower increase level than the increase of world gasoline prices. Still, retail gasoline prices in the domestic market still increased strongly. Specifically, E5RON92 gasoline price has increased by VND 674 a liter to VND29,633 a liter meanwhile RON95-III gasoline increased by VND669 a liter to VND30,657 a liter. In contrast, oil prices were simultaneously adjusted down to compensate for gasoline prices. For instance, the price of diesel oil decreased by VND 1,097 per liter to VND25,553 a liter while kerosene decreased by VND763 a liter to VND24,405 a liter, and fuel oil 180CST 3.5S is priced at VND20,598 per kg, down VND962 a kg. By Van Phuc - Translated by Dan Thuy … [Read more...] about Gasoline price hits new record high

Retail prices of petrol in Vietnam rose by nearly VND700 to more than VND30,000/litre on May 23, setting a new record in the domestic petrol market. Vietnam's petrol prices rise to an all-time high over almost 10 years. Illustrative photo by Dantri The latest price adjustments unveiled by the Ministry of Industry and Trade (MoIT) and the Ministry of Finance saw common petrol RON95-III reach VND30,657 per litre, marking a VND669 increase compared to the previous adjustments 12 days ago. Similarly, petrol E5RON92 also rose VND674 to be capped at VND29,633 per litre. Meanwhile, diesel was traded at VND25,553 per litre, representing a decline of VND1,097. The price of kerosene stood at VND24,450 per litre, down nearly VND763, and mazut was also adjusted down by VND962 to VND20,598 per kg. Following the latest price changes, the two ministries decided to stop using the petrol price stabilisation fund to subsidise prices of E5RON92 and RON95. However, they … [Read more...] about Retail petrol prices keep rising, set new record

The hosts broke the record of 194 golds set by Indonesia at the 1997 SEA Games in Jakarta. The gold medals have not only rocketed Vietnam to the top spot but also reflected their outstanding progress. Vietnam’s athletics and swimming teams hauled in important medals at SEA Games 31 with 33 golds, 22 of which in athletics. Vietnamese athletes also had impressive performances in other sports, like shooting with seven golds; rhythmic gymnastics, five golds; weightlifting, three golds and six records; fencing, five golds; and canoeing and rowing, each with eight golds; among others. Vietnam’s martial arts teams also made breakthroughs with 10 golds in wushu, nine others in judo and taekwondo each, seven in karate and kurash each, six in pencak silat and vovinam each, five in kickboxing and muay each, and two in jujitsu. Vietnam’s successes in this Games have opened up a new hope for the country in other tournaments. However, the country should invest more to improve the … [Read more...] about New record, big stride of Vietnam’s sport

"The United States and Japan, together with 11 other nations will be launching" the Indo-Pacific Economic Framework for Prosperity, or IPEF, Biden said at a press conference alongside Japanese Prime Minister Fumio Kishida. "This framework is a commitment to working with our close friends and partners in the region on challenges that matter most to ensuring economic competitiveness in the 21st century," he said. Biden was due to make a formal rollout of the framework later Monday. He did not say what countries had already signed up to IPEF, which the White House is billing as a framework for what will ultimately become a tight-knit group of trading nations. Unlike traditional trade blocs, there is no plan for IPEF members to negotiate tariffs and ease market access -- a tool that has become increasingly unpalatable to U.S. voters fearful of undermining homegrown manufacturing. Instead, the program foresees integrating partners through agreed standards in four main areas: the … [Read more...] about Biden says 13 countries to join new Asia-Pacific trade framework

Weightlifter Pham Minh Quang (left) earns Vietnam a SEA Games silver medal in the men's over 89kg on May 22. (Photo: VNA) Hanoi (VNA) – Vietnamese weightlifters have established six new SEA Games records and claimed three gold, four silver and four bronze medals at the region's biggest sport event. On the last day of competition on May 22, Vietnam earned two silvers in the men’s 89kg and over 89kg categories and a bronze in the women’s over 71kg. Pham Thi Hong Thanh set three new records in snatch, clean and jerk, and total lift in the women's 64kg event held a day earlier. Thanh lifted a total of 230kg – 104kg in snatch, and 126kg in clean and jerk, 6kg and 2kg higher than the old records, respectively. Her total lifting was far higher than the previous SEA Games record of 214 kg. Despite an injury, Hoang Thi Duyen, from Giay ethnic minority group, managed to break two SEA Games records in snatch and total lift in the women’s 59kg category. Meanwhile, Lai Gia … [Read more...] about Vietnamese weightlifters set six new records at SEA Games 31

A technician analyses biological specimens to detect COVID-19 infections in the southern province of Bạc Liêu's Centre for Disease Control. — VNA/VNS Photo HÀ NỘI — Việt Nam registered 1,179 new COVID-19 infections, all domestically transmitted, and one death on Monday. The capital Hà Nội again led the number of new daily cases with 332. The other localities reporting new transmissions were Vĩnh Phúc (75), Quảng Trị (72), Yên Bái (60), Quảng Ninh (56), Tuyên Quang (42), Đà Nẵng (40), Nghệ An (39), Phú Thọ (38), Thái Bình (37), Quảng Bình (37), Hải Dương (36), Thái Nguyên (30), Lào Cai (26), Sơn La (22), Bắc Kạn (19), Hưng Yên (18), Hải Phòng (17), Hà Tĩnh (15), Hòa Bình (15), Quảng Ngãi (14), Cao Bằng (13), Điện Biên (12), Lâm Đồng (11), Hà Giang (11), Hà Nam (9), Thanh Hóa (9), Lạng Sơn (9), HCM City (8 ), Lai Châu (8 ), Khánh Hòa (7), Nam Định (7), Bình Phước (6), Phú Yên (5), Ninh Bình (4), Gia Lai (4), Bắc Giang (3), Bình Định (3), Bình Dương (3), Bà Rịa - Vũng Tàu (3), Thừa … [Read more...] about Việt Nam logs 1,179 new COVID-19 cases, one death on Monday

The 1,179 new COVID-19 cases are all local infections with 812 in the community, detected in Hà Nội (332), Vĩnh Phúc (75), Quảng Trị (72), Yên Bái (60), Quảng Ninh (56), Tuyên Quang (42), Đà Nẵng (40), Nghệ An (39), Phú Thọ (38), Thái Bình (37), Quảng Bình (37), Hải Dương (36), Thái Nguyên (30), Lào Cai (26), Sơn La (22), Bắc Kạn (19), Hưng Yên (18), Hải Phòng (17), Hà Tĩnh (15), Hòa Bình (15), Quảng Ngãi (14), Cao Bằng (13), Điện Biên (12), Lâm Đồng (11), Hà Giang (11), Hà Nam (9), Thanh Hóa (9), Lạng Sơn (9), Hồ Chí Minh City(8 ), Lai Châu (8 ), Khánh Hòa (7), Nam Định (7), Bình Phước (6), Phú Yên (5), Ninh Bình (4), Gia Lai (4), Bắc Giang (3), Bình Định (3), Bình Dương (3), Bà Rịa - Vũng Tàu (3), Thừa Thiên Huế (2), Tây Ninh (1), and Cần Thơ (1). … [Read more...] about 1,179 new COVID-19 cases, one death reported on Monday

The cord-free reference design helps OEMs and ODMs more seamlessly and cost-efficiently prototype and bring to market lightweight, premium AR glasses to enable immersive experiences that unlock the metaverse. The purpose-built, premium Snapdragon XR2 Platform now packs powerful performance into a slim, smaller AR glass form factor. The AR reference design hardware, developed by Goertek, has a 40% thinner profile and a more ergonomically balanced weight distribution 3 for increased comfort. SeeYA provides the dual micro-OLED binocular display enabling 1920 x 1080 per eye and frame rates up to 90Hz and a no-motion-blur feature to deliver a seamless AR experience. Dual monochrome cameras and one RGB camera on the smart viewer enable six-degrees of freedom (6DoF) head tracking and hand tracking with gesture recognition to achieve AR precision. Also, taking a system-level approach, the reference design enables a wireless split processing architecture to distribute computing workloads … [Read more...] about New production from Qualcomm powered by the Snapdragon