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So far this year, authorities in Vietnam and Cambodia have worked together to verify cases in which Vietnamese people had been taken to Cambodia by human traffickers. The collaboration resulted in nearly 400 Vietnamese being rescued and brought home, Ministry of Foreign Affairs spokesperson Le Thi Thu Hang told press Sunday. In recent times, it has been increasingly reported that many Vietnamese had been tricked to work in Cambodia. In most cases, trafficking rings advertised their services on Facebook and Zalo, a Vietnamese texting and calling app, targeting people of working age but without stable jobs, promising a career with a monthly salary of up to thousands of dollars. The victims were typically smuggled into Cambodia via unofficial routes and sent to work at foreign-owned companies. Owners of such companies would request their Vietnamese staff to set up different social media accounts disguised as commercial sites or financial investment platforms to rob unsuspecting … [Read more...] about Vietnam rescues 400 citizens tricked to work illegally in Cambodia

Saravoot Yoovidhya, CEO of TCP Group, announced the new corporate purpose in Vietnam From 2022 to 2024, TCP Group is further driving the organisation towards sustainable business growth and creating a positive impact on society and the environment, locally and globally. "Five years ago, we announced the synergy of our various businesses into TCP Group, and we have been working towards sustainable development goals ever since. Up to now, events like COVID-19 and digital transformation have tremendously affected business, society, and the environment. We, therefore, are revisiting our purpose and strategies in every aspect to prepare for the volatile future and to create growth for the organisation while energising the sustainability of the world with a new purpose, called Energising A Better World For All,” said Saravoot Yoovidhya, CEO of TCP Group. Throughout its over 60 years of operation, TCP Group's priority has been to ensure the development of the economy, society, and … [Read more...] about TCP Group’s CEO announced a new corporate plan

Denis Brunetti, president in Vietnam and Myanmar for Ericsson With digital transformation being accelerated in the manufacturing sector, what are the factors for the successful development of smart factories in Vietnam? The next wave of socioeconomic development in Vietnam will be created through innovation, science, and technology, driven by the digital economy. A key component of Vietnam’s socioeconomic development strategy is the digital economy, which will contribute 25 per cent of GDP by 2025 and 30 per cent by 2030. It will also further enhance productivity in all key economic sectors of Vietnam. The new digital economy will be created by scientific and technological advancements and innovation, particularly in areas such as 5G, AI, machine learning, automation, cloud computing, blockchain, and the Internet of Things (IoT). With our global scale and expertise, we look forward to supporting Vietnam with the expanded deployment of 4G and 5G networks moving forward. … [Read more...] about The path to success with smart 5G manufacturing in Vietnam

Nam San 3A hydropower plant was initially owned by Lao-based Phongsubthavy Group but was sold to Thai BCPG Niwat Adirek, president and CEO of BCPG, disclosed that the company had achieved more than 90 per cent progress on the construction of the 220-kV transmission line project, Nam Tai, in Laos. The Nam Tai project is planned to connect with the transmission line of Electricity of Vietnam (EVN) to transmit electricity generated from BCPG’s two hydropower plants in Laos, Nam San 3A and Nam San 3B, to Vietnam this September. “The Nam Tai transmission line project has the capacity to transmit 800 MW electricity generated from hydropower plants in Northern Laos to Northern Vietnam. In the first phase, we will focus on transmitting 114 MW of electricity from our two hydropower plants, which we have already achieved a Power Purchase Agreement with EVN, to Vietnam. In the next phase, we plan to provide transmission line service to new green power plants nearby, which are now under … [Read more...] about Bangchak Corporation will sell electricity for Vietnam from September

The Vietnam Circular Economy Forum 2022 illustrates the efforts of key stakeholders to establish a circular economy for sustainable development in Vietnam The forum is organised by the Ministry of Natural Resources and Environment in collaboration with relevant agencies. It welcomes nearly 500 delegates, which are representatives of ministries, municipalities, foreign embassies, international organisations, as well as research and educational institutes. The event’s purpose is to examine feasible circular economic (CE) models for Vietnam in light of the finest regional and global practices. In addition, it will specify the procedures, policies, and financial resources necessary to foster CE in the country. According to the Asian Development Bank Institute (ADBI), developing Asia's ongoing reliance on fossil fuels and raw materials for manufacturing continues to strain already vulnerable ecosystems. Vietnam has the second-highest levels of air pollution in Southeast Asia in … [Read more...] about Vietnam’s ministries and private sector sit down on circular economy talk

Cashew exports reduced both in volume and value in the first five months of the year. — Photo congthuong.vn HCM CITY — Việt Nam’s cashew exports reduced significantly in both volume and value in the first months of the year, exports for the entire year are forecast to be lower than last year, according to the Việt Nam Cashew Association (Vinacas). Speaking at a meeting to review the industry’s performance in the first half of the year and set plans for the latter half, Trần Văn Hiệp, Vinacas’ deputy chairman, said cashew exports in the first five months fell by 7.81 per cent in volume and 6.81 per cent in value to 206,111 tonnes and US$1.19 billion, respectively. The average export price was about $5,792 per tonne, up 1.45 per cent over the same period in 2021. Enterprises imported about 968,000 tonnes of raw cashew nuts from abroad worth nearly $1.4 billion, down 35.24 per cent in volume and 37.84 per cent in value in the first five months. But the price of raw cashews … [Read more...] about Cashew exports to slow in 2022 amid global inflation, Russia sanctions

Ilustrative image (Photo: cafef.vn ) Hanoi (VNA) - The rate of internet users in Vietnam has increased to 70.3% of the population over the last two decades, heard a recent forum themed “The future of Internet” hosted by the Ministry of Information and Communications. digital gap and universalising the internet to all people. The view of the forum (Photo: http://www.hanoimoi.com.vn/) Attention should be paid to developing core network infrastructure and domestic internet network through expanding domestic internet connections and converting the entire Vietnam ese internet networks to the next-generation Internet Protocol (IPv6), he said, underlining the need for a modern and open policy in the field. Participants agreed that the internet has become an essential need of the people, which is the foundation for developing digital economy and digital society in Vietnam. At the forum, representatives of management agencies, local and international experts … [Read more...] about Over 70% of Vietnamese population use internet

Hanoi authorities’ campaigns to solve sidewalk encroachment caused by street hawkers on the banks of the West Lake have proved to be water off a duck’s back as the issue recurs after every crackdown. The West Lake, which is the capital’s biggest freshwater reservoir located in Tay Ho District, has long been a favorite spot for young people to hang out, leading to the emergence of street stalls along its banks. Street hawkers rake in money from visitors to the lake by displaying their wares on the banks to sell street food and beverages even though that means the sidewalk there is partly or completely blocked. The encroachment has prompted local authorities to roll out multiple crackdowns, which have turned out to be wasted labor as the street stalls crept back in a few days. Young people enjoy beverages at a lakeside stall illegally established on the sidewalk of a street along the West Lake in Tay Ho District, Hanoi, June 25, 2022. Photo: Pham Tuan / Tuoi Tre … [Read more...] about Crackdown on sidewalk encroachment along West Lake’s banks a wasted effort in Hanoi

Vietnamese star midfielder Nguyen Quang Hai left for France on Monday morning after L’Équipe reported that he is on the verge of signing for Ligue 2 outfit Pau FC. Dubbed the 'Vietnamese Messi,' Quang Hai is expected to undergo a medical check-up upon his arrival in France ahead of signing an initial two-year contract, with the option to extend for a further third year, according to the L’Équipe ’s report on Sunday. If the deal is concluded, he will become the first Vietnamese footballer to be contracted to a French professional club. Pau FC’s decision to sign Hai is two-fold -- scouts believe in the player’s potential but the deal is also considered to be a marketing coup as he has 800,000 Instagram followers and 2.5 million fans on Faceboo, the French sport newspaper commented. The move is expected to attract major attention to Pau from Southeast Asia, it added. Vietnamese star midfielder Nguyen Quang Hai is pictured ahead of his departure for France at Noi … [Read more...] about ‘Vietnamese Messi’ moves to Ligue 2 side Pau FC: media