Bright futures deadline

About ten years ago, when rivers in Vietnam's Mekong Delta started to run low on fish and shrimp, dozens of local households left the region for the Central Highlands in an attempt to eke out a living by fishing in reservoirs. The fishing skills of the Mekong Delta fishermen were easily adapted to the Se San Reservoir in the Central Highlands province of Kon Tum, where 34 households, mostly from An Giang and Hau Giang Provinces in the Mekong Delta, have been coping well with the uncertainty of their new lives in the mountains. Fishing on a mountain Dang Van Thuoc, a 40-year-old man, was one of the first Mekong Delta fishers to leave southern Vietnam for Kon Tum. He currently earns a living fishing in the Se San Reservoir. A woman sits on a floating house on the Se San Reservoir in Kon Tum Province, Vietnam. Photo : Tran Hoa / Tuoi Tre Thuoc and his relatives first settled by a small reservoir in nearby Dak Lak Province but they soon realized competition … [Read more...] about Vietnamese fishermen move to mountain to make ends meet in Mekong Delta

At the regular government meeting on August 3 Today, while concluding the discussion on socio-economic issues at the regular government meeting in July, Prime Minister Pham Minh Chinh  praised the efforts and results of all ministries, sectors and localities over the past time. For example, the Ministry of Transport has well carried out public investment disbursement, drastically implemented non-stop toll collection and promoted railway development. The Prime Minister sent his deep condolences to relatives and families of three firefighting police officers who passed away while attempting to put out a conflagration at a six-story karaoke parlor in Cau Giay District in Hanoi and reminded localities to pay more attention to social order, security, safety and people's safety, including fire prevention and fighting. Recently, at the proposal of the Government's Party Personnel Committee, the Politburo issued a resolution to add 65,980 additional teacher payrolls in the period from … [Read more...] about PM asks ministry to solve new passport model-related problems

The work so far has advanced by 75%, whose elevated section (Nhon – Cau Giay) has been completed by 95%. The Nhon - Hanoi Station metro line is expected to be completed by December 31, 2022, and contractors are requested to halve the construction time of the underground section, originally scheduled for 2027. Prime Minister Pham Minh Chinh and leaders of Hanoi during the visit. Source: VGP Prime Minister Pham Minh Chinh urged to accelerate the metro line construction during a site visit today [August 7]. The Nhon – Hanoi station metro project with financial backing from the French Government, the French Development Agency (AFD), and the European Investment Bank (EIB) has a total length of 12.5 kilometers, running through eight elevated and four underground stations. Prime Minister Chinh and delegations on board a train. A report from the Hanoi Project Management Board of Urban Railway noted the metro line project was launched in … [Read more...] about PM expects Nhon – Hanoi station metro line to be completed by late 2022

Seizing the opportunity laid out by its clean energy resources and phasing out coal could be key for Vietnam’s green growth path. Vietnam’s Prime Minister Pham Minh Chinh has set a deadline for sectors to build plans for their sustainable development within the first quarter (Q1) of this year as part of efforts to materialize the country’s sustainable development. Vietnam’s Prime Minister Pham Minh Chinh speaks at COP26 in Glasgow, the UK in November 2021. Photo: VNA The PM demanded in Q2 a comprehensive program to implement Vietnam’s net-zero target that he pledged at the 2021 United Nations Climate Change Conference in Glasgow (COP26) in November 2021. Accordingly, authorized agencies are tasked with eight issues, namely energy transition, reducing greenhouse gas emissions; lowering methane emissions; developing electric cars; planting forests to absorb carbon dioxide; building construction materials and urban development suitable for green and sustainable … [Read more...] about [Net-zero strategy] Which way is possible for Vietnam’s net zero journey?

Vu Trong Tai, general manager of RX Tradex Vietnam, the organizer of METALEX Vietnam 2022 stated, “Despite being impacted by the pandemic, Vietnam's economy has proven its resilience thanks to the adaptable reaction of enterprises and the prompt actions of the government. The changing geopolitical trends and the timely execution of economic cooperation will further strengthen Vietnam’s position. This is a good opportunity for Vietnamese entrepreneurs." Vu Trong Tai, general manager of RX Tradex Vietnam Matsumoto, chief representative of Japan External Trade Organization's (JETRO) Ho Chi Minh office, echoed the sentiment that Vietnam’s standing is improving. "Trade and investment between Vietnam and Japan have made substantial achievements in recent years. According to statistics, 55.3 per cent of enterprises plan to expand their operations in Vietnam during the next one to two years, the highest number in Southeast Asia. In comparison to the rest of Asia, only India, … [Read more...] about METALEX Vietnam and Supporting Industry Exhibition 2022 shape the new normal

The Supporting Industry exhibition 2022 will be also organized at the same time and location as METALEX Vietnam 2022. The exhibitions are organized by RX Tradex Vietnam, in partnership with the Japan External Trade Organization (JETRO) in HCMC, the HCMC for Supporting Industries Development (CSID), and the Investment and Trade Promotion Center HCMC (ITPC). The shows aim to deliver remarkable activities to the Vietnamese metalworking community, such as technology showcases, conferences, welding competitions, technology runways, and business matchmaking. More than 250 brands from 20 countries will attend the exhibitions, including Accretech, Epson, Mitutoyo, Takamaz, Yamaha, Hiwin, LKM, New Century, Delta, Showadenki, and companies from international pavilions of India, Germany, Japan, Singapore, Thailand, etc. METALEX Vietnam 2022 will have attractive programs such as M-TALKS, and factory visit. Attendees can understand deeply the market trends, interact with partners, and … [Read more...] about METALEX Vietnam exhibition 2022 to open in October

According to Ngo Thi Kim Thanh, senior expert at the Investment Analysis and Consulting Centre for SSI Research, the land lease demand in industrial zones (IZs) continues to secure positive growth for 2022 and beyond. This is attributable to diverse factors such as China’s strict pandemic policy, and reopened borders – paving the way for foreign investors to strike new deals or wrap up land lease procedures which were signed earlier. Prospects abound for land-rich industrial players, Illustrative photo. (Source: VNA) Thanh gave the remarks at a talk show on the charm of real estate tickers, hosted by VIR in Hanoi last week. In the stock market, the performance of real estate tickers is being deemed a bright spot in the context of a lasting market correction since April. During the period, the ticker IDC of IDICO Corporation gained more than 20 per cent, KBC of Kinh Bac Urban Development Corporation rose more than 15 per cent, and VGC of top building material maker … [Read more...] about Prospects abound for land-rich industrial players

Although all the micro-economic and macro-economic advantages are available, it seems that there is no key catalyst for trending towards a new growth level at the stock market. Profits vary Initial statistics show that around 600 corporations have made public their financial statements in the second quarter of 2022. The number could be a bit higher if all the estimated figures were actively made public. Figures will continually be updated over the next few days, but the sales and profits of listed corporations will rise positively. For instance, as estimated by Vndirect Securities Corporation, considering 590 corporations listed by 26 July the total sales and profits in the second quarter increased by 25.3% and 17.9% respectively, over the same period last year. Stocks with high capitalization of more than VND 10,000 bln have recorded an average of 34.3% increase in sales and 24.9% in net profits. It is certainly normal for the stock trading market to have dark and bright … [Read more...] about Stock market showing no indication of growth