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Cooperation between Hanoi and Vientiane remains an example of the long-standing and special relations Vietnam-Laos. Hanoi and Vientiane have been taking steps to bolster economic ties during the Vietnam-Laos 2022 Solidarity and Friendship Year. Overview of the “Hanoi-Vientiane Cooperation for Development” investment, trade, and tourism conference. Photo: The Hanoi Times At the investment, trade, and tourism conference titled “Hanoi-Vientiane Cooperation for Development” on August 10, Vice Chairman of the Hanoi People’s Committee Nguyen Manh Quyen noted the cooperation between Hanoi and Laos’ provinces in general, and with Vientiane in particular, have been progressing in all spheres, including priority fields of economy, healthcare, education, agriculture, military, and people-to-people exchange. Echoing Quyen’s view, Vice Director of the Hanoi’s Department of Planning and Investment Nguyen Ngoc Tu added since 2004, Hanoi has been funding several projects to … [Read more...] about Hanoi – Vientiane bolster economic ties

Billionaire Lee Jae-yong, who was convicted of bribery and embezzlement in January last year, will be "reinstated" to give him a chance to "contribute to overcoming the economic crisis" of the country, Justice Minister Han Dong-hoon said. Lee -- the 278th-richest person in the world, according to Forbes, with a net worth of $7.9 billion -- was released on parole in August 2021, after serving 18 months in jail, just over half of his original sentence. In this file photo taken on May 10, 2022 Lee Jae-yong, Samsung Electronics vice chairman and de facto leader of Samsung Group, attends an inaugural dinner of South Korea's President Yoon Suk-yeol in Seoul. The heir and de facto leader of Samsung group received a presidential pardon on August 12, 2022, the latest example of South Korea's long tradition of freeing business leaders convicted of corruption on economic grounds. (JEON HEON-KYUN / POOL / AFP) Friday's pardon will allow him to fully return to work by lifting a … [Read more...] about Samsung boss gets presidential pardon: S Korea justice minister

The Best Companies to Work for in Asia Award is a prestigious international award presented annually by HR Asia to honour businesses with outstanding human resource policies, attractive remuneration, leading culture and working environment, and regularly organised internal activities to connect employees. To achieve this prestigious Asia's Best Place to Work award, businesses need to go through three rounds of surveys with rigorous evaluation criteria, proving that it has created a highly cohesive working environment. At the same time, the businesses must be evaluated by their own employees as one of the businesses with the best working environment in Asia and one of Asia's selected excellent employers. HR Asia’s representative presented the award to Nguyen Bach Kim Vy, deputy CEO of NovaGroup Operations At the award ceremony, Nguyen Bach Kim Vy, deputy CEO of NovaGroup Operations said that the award contributes to asserting the correct and effective HR strategy … [Read more...] about NovaGroup awarded Best Workplace in Asia 2022 by HR Asia Magazine

The Strategic Framework for Sustainable Development Cooperation 2022-2026 (CF) guides and steers the government of Vietnam and the UN in Vietnam’s collaboration on accelerating progress to achieve its Sustainable Development Goals. It highlights the joint commitment to deliver sustainable development for all. Speaking at the signing ceremony on August 11, MPI Minister Nguyen Chi Dung emphasised that the CF will be implemented at a time when Vietnam has been synchronously implementing solutions to strengthen economic recovery after the pandemic, respond to climate change, and transition to a green, circular economy. "The government has been working to improve institutions and policies in order to mobilise resources from all economic sectors to develop the country. Together with other development partners, the UN plays an important role in supporting Vietnam in its development, integration, and strong participation in global development through policy advice, sharing Vietnam’s … [Read more...] about Strategic framework for sustainable development between UN and Vietnam

Viet Tri city of Phu Tho province (Photo: phutho.gov.vn) Phu Tho (VNA) – Phu Tho province’s efforts to improve its business and investment environment have paid off evidenced by the fact that the northern midland locality has attracted many important projects which are expected to help open up more socio-economic development opportunities. Phan Trong Tan, Vice Chairman of the provincial People's Committee, said to promote socio-economic development , the Party Delegation to the provincial People's Committee proposed 19 key projects for 2022, of which 15 are transited and four are new; and at the same time set out specific tasks and solutions for each project in the coming time to ensure their progress. To that end, right from the beginning of this year, the committee started directing departments and localities to work out specific plans, consider and fulfil procedures related to investment, land and construction. Developed transport infrastructure in Viet Tri … [Read more...] about Phu Tho’s efforts to better business, investment climate pay off

Collecting waste along the beach is among the programme’s primary activities. —Photo Coca-Cola Viet Nam Coca-Cola Vietnam, in partnership with Da Nang City, has launched a “For a Viet Nam without Waste” event in the city’s Lien Chieu District. The event, joined by representatives from agencies and the local community, is one of the activities organised by Coca-Cola Vietnam and local authorities in Da Nang and HCM City under the "World Without a Waste" vision. With many activities over a half-day, the “For a Vietnam Without Waste” event aims to raise public awareness of waste sorting, encourage people to use reusable bags, and promote a green lifestyle and sustainable production and consumption. Coca-Cola Vietnam handed Da Nang Department of Natural Resources and Environment, Department of Industry and Trade 90 segregation trash bins and 4,000 reusable bags, worth VND700 million. The in-kind sponsorship will help the local authority propagate the new environmental protection … [Read more...] about Coca Cola joins locals in Da Nang in “For a Viet Nam without Waste” programme

The Tan Cang Cat Lai Port. The port is the first in Viet Nam to be recognised as a green port by the APEC Port Services Network. — Photo vneconomy.vn The Viet Nam Maritime Administration is gathering comments on a proposed set of criteria for recognising green ports. The criteria are expected to push port-managing firms to embrace green development, improving their competitiveness and ensuring sustainability. A green assessment will be carried out every three years. The first criterion is that the firms strictly comply with environmental regulations specified in Viet Nam's legal documents and international agreements of which Viet Nam is a member. Additionally, the firms must closely monitor their port construction and operation and make frequent reports on their environmental impacts. The second criterion comprises three sub-criteria with specific max points assigned to each. Under the Commitment sub-criterion, port-managing firms get 0.75 points once they have a … [Read more...] about Vietnam Maritime Administration formulates green ports criteria

E-commerce is increasingly attracting consumer participation. — Photo thoibaotaichinhvietnam.vn Foreign-invested e-commerce floors doing business in Viet Nam must supplement their business licenses before January 1 next year if they have not provided enough according to regulations. The update is done online through portal online.gov.vn. The Viet Nam E-commerce and Digital Economy Agency has just announced the addition of business licenses for foreign-invested economic organisations operating in the field of e-commerce. Decree 85 issued last year, which amends and supplements a number of articles of the Government's Decree 52 (2013) on e-commerce, has specific provisions on supplementing business licenses for foreign investors, and economic organisations with foreign investment capital. Decree 85 adds many new regulations in the field of e-commerce. Specifically, foreign traders and organisations that have websites providing e-commerce services in Viet Nam must register … [Read more...] about Foreign e-commerce floors must supplement business licenses before January 1

A customer pays at a coffee shop using a QR code. — VNS Photo Doan Tung Despite having no small cash in his pocket, Hoang Duong can still pay for his cup of tea to a vendor in Quan Thanh street, Ha Noi, by scanning a QR code from his smartphone even though the cost is only VND3,000 (US$0.13). The vendor Nguyen Thuy Hang, 44, said: “I allow all payment of cash, transfer or scanning QR code.” Hang told Viet Nam News: “It helps me a lot in collecting small money. Sometimes, customers don’t have small money, and I also don’t have enough money to return their big cash. I often tell them to pay next time, but both of us forget about it, and I lose money as a result.” “Now, I select from VND1,000 with the code. I just print it on the coffee box, and customers just need to scan it easily. They don’t need to ask my bank account or anything.” Meanwhile, Hoang Duong, the payer, said: “I am so lucky, my wife helped me install an e-wallet recently. If not, I would need to go to another … [Read more...] about QR payments help small vendors

The school opening day is set at the appointed time after the Covid-19 pandemic has been controlled. The Hanoi Department of Education and Training has decided that the academic year of 2022-23 will start on September 5 as usual, according to a decision issued by Vice Chairman of Hanoi People's Committee Chu Xuan Dung. The decision will be applied to educational facilities from kindergarten to high schools, as well as centers for continuing education. Ceremonies to kick off the school year city-wide are scheduled for September 5, with the first and second semesters planned to be completed before January 16 and May 25, respectively. “The school opening day is set at the appointed time after the Covid-19 pandemic has been controlled. However, educational institutions will have to strictly implement measures to prevent and control the Covid-19 disease in accordance with the protocols as the pandemic threat remains,” Dung said. He noted that inaugural ceremonies held for … [Read more...] about Hanoi’s students to begin new academic year on September 5