Flowers and incense are offered at the monument dedicated to Gac Ma soldiers in Cam Lam district to pay tribute to the national heroes. (Photo: VNA) Khanh Hoa (VNA) – The authorities of the central coastal province of Khanh Hoa and local armed forces gathered on March 14 to pay tribute to 64 naval officers and soldiers who lost their lives in a battle to protect Gac Ma (Johnson South) Reef in Vietnam’s Truong Sa (Spratly) archipelago three decades ago. They offered flowers and incense at the monument dedicated to Gac Ma soldiers built in Cam Lam district to show their gratitude to the heroes who bravely defended Vietnam’s sacred sea and island sovereignty and died with honour on March 14, 1988. The monument lies at the centre of the 2.5-hectare memorial complex dedicated to 64 naval soldiers inaugurated in 2017. It features the naval soldiers standing holding hands in an “immortal circle” around the fatherland’s flag to protect it as an action … [Read more...] about Khanh Hoa authorities commemorate 64 Gac Ma naval martyrs
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Vietnamese and Cambodian defense ministries partner in search and rescue exercise
A presentative from Military Region 7 Command introduces the exercise The information was announced by the Military Region 7 Command of Vietnam at a press meeting on December 13 in Ho Chi Minh City. The exercise will take place in Tuasday commune, Chanthrea district, in the Cambodian province of Svay Rieng, with the participation of some 800 people. The drill will focus on the establishment and operation of a joint command post, practicing dealing with chemical incidents and disasters, and post-disaster recovery. On the occasion, the organizing panel will inaugurate a military-civilian friendship infirmary for the Cambodian district, transfer and install medical equipment in the locality and present gifts to local people. This first-ever exercise is to realize the protocol signed by the two countries on frequent natural disaster prevention, search and rescue and to implement the coordination regulation nodded by Vietnamese and Cambodian localities sharing the borderline. It is … [Read more...] about Vietnamese and Cambodian defense ministries partner in search and rescue exercise
Vietnam, Russia reinforce strategic partnership
The Russian Deputy Foreign Minister visited Vietnam on June 13-14 at the invitation of the Foreign Ministry of Vietnam to attend the ninth Vietnam-Russia Strategic Dialogue on Diplomacy-Defense-Security and Political Consultation at the deputy-foreign-ministerial level, which aimed to roll out the cooperation plan between the two foreign ministries for the 2017-2018 period. At the reception on June 13 in Hanoi, Mr. Minh suggested that the two sides boost their discussions on regional and global issues for better coordination and wished Russia to further cooperate with ASEAN and actively contribute to maintaining peace and stability in the Asia-Pacific region. Deputy Prime Minister and Foreign Minister Pham Binh Minh (R) and Russian Deputy Foreign Minister I. Morgulov. Photo: baoquocte.vn Minh also showed his pleasure at fine developments in relations between the two countries and hoped the two foreign ministries would continue boosting cooperation in all fields to be … [Read more...] about Vietnam, Russia reinforce strategic partnership
Thua Thien – Hue urged to boost green, sustainable development
After listening to reports and assessments on the province’s situation, the top legislator recognized the province’s average growth rate of 7.2 percent per annum, which was 6.87 percent in the first half of 2019, higher than the national average of 6.76 percent. National Assembly Chairwoman Nguyen Thi Kim Ngan speaking at the working session Although the province’s economy is still small and its budget revenue remains modest, developed tourism services, with an expansion of 6.37 percent and the tourist number of 2.49 million in the six months, have helped per capita income in Thua Thien - Hue rank fourth in the Central region, after Da Nang city, Khanh Hoa and Binh Thuan provinces. Ngan also spoke highly of Thua Thien - Hue’s performance in ensuring social welfare, expanding health coverage to 98 percent of its population, and protecting the environment, which can been seen through the “Green Sunday” and “Say no to plastic bags … [Read more...] about Thua Thien – Hue urged to boost green, sustainable development
Investors step up M&A movements
The remainder of 2019 will be key for Vietnam to avail of longer-term investment possibilities, Photo: Le Toan Warrick Cleine, chairman and CEO of KPMG Vietnam, told VIR that they have seen tremendous confidence in Vietnam from large investors, especially from the likes of Japan, South Korea, and Singapore. The trend has expanded from the acquisition of 100 per cent or control of Vietnamese companies, such as the Sabeco deal from Thailand, to minority or strategic investments in large Vietnamese companies. These are often institutional investors, and their decisions reflect confidence in Vietnam’s overall macroeconomic and geopolitical state, and the management teams and business models of the specific companies. “Provided the global economy remains strong and Vietnam maintains its reform orientation, there is no reason investors will not continue to have the confidence to invest in Vietnam,” Cleine stressed. KPMG in particular expects to … [Read more...] about Investors step up M&A movements