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Over the past five years, leaders at all levels in the GDT have promoted their leadership and created favorable conditions for its youths. Meanwhile, Youth Union work and youth movements in the whole unit have recorded progressive achievements, contributing to accomplishing all political tasks of the unit. In addition, 1,884 Youth Union members have been admitted to the Party. The Youth Union Organization has also closely worked with local Youth Union chapters, contributing to building the civilian-military solidarity. Reportedly, over the past five years, the unit’s Youth Union chapter has sent over 1,800 troops to help more than 6,000 students, donated 3,200 blood units, and supported local people in the areas where they are stationed. Especially, the creative youth movement in the general department has been widely implemented and achieved good results. In the past five years, the general department’s youths have sent 401 works to the Military Creative Youth Award, of which 162 … [Read more...] about GDT’s youth requested to pioneer in performing assigned tasks

A conference to review first-half operations and set out second-half tasks Significant contributions Despite numerous difficulties and challenges, the industry and trade sector yielded positive results in the first half of the year, making significant contributions to the country’s socioeconomic development, Minister Dien said. Nguyen Thuy Hien, deputy director of the Planning Department under the Ministry of Industry and Trade, highlighted bright spots related to the industry and trade sector’s growth goals in the first half of the year. Accordingly, the added value of the industrial sector increased by 8.48 percent compared to a year ago. Total export-import turnover reached an estimated US$371.3 billion, with exports increasing by 17.3 percent to more than US$186 billion. In particular, the export growth rate of the domestic sector (19.5 percent) overtook that of the FDI sector (16.6 percent), reflecting intensified efforts of domestic businesses to restore trade, … [Read more...] about Production back to pre-pandemic level

For one, the oil and gas industry is under immense pressure to improve operational efficiency, productivity, and worker safety; maintain cybersecurity; and, simultaneously, reduce environmental impact. In order to solve these challenges, oil and gas companies are accelerating their digital transformation. Denis Brunetti, President, Vietnam and Myanmar Ericsson As they adopt use cases around automation, smart safety and environmental monitoring, the oil and gas industry is increasingly looking to advanced cellular connectivity to help drive efficiencies, while being more environmentally sound. The industry is expected to meet the global goal of net-zero carbon by 2050. According to a McKinsey study, the use of advanced connectivity to optimise drilling and production throughput and improvements in maintenance and field operations could add up to $250 billion of value for oil and gas upstream operations by 2030. Digitalisation enabled by cellular connectivity can … [Read more...] about 4G/5G wireless networks driving digitalisation across industries

Participants pose for a group photo at the event. (Photo: vnies.edu.vn) Hanoi (VNA) – Investment in education in Vietnam tended to increase steadily over the past decade, according to a report by the Vietnam National Institute of Educational Sciences ( VNIES ). The report annalysing the education sector during 2011-2020 was released at a seminar in Hanoi on August 8. According to the report, the investment in the education sector accounted for more than 18% of the total state budget expenditure, but was still lower than the set rate of 20%. Talking about the outcomes of the analysis at the event, Prof. Dr. Le Anh Vinh, head of the institute, said Vietnam achieved impressive results in the Programme for International Student Assessment (PISA), an international study that was launched by the Organisation for Economic Cooperation and Development (OECD) in 1997. It now covers over 80 countries, the PISA survey provides comparative data on 15-year-olds’ performance in … [Read more...] about Vietnam sees increasing investment in education: report

The defense chief made the request at a working session with the two departments on the implementation of and disbursement for the MND’s programs and projects on August 4. At the working session, representatives of the two departments reported that the MND’s disbursement rates in the first seven months of this year were higher than the national ones on average. In order to speed up the disbursement, the MND has issued a number of documents to adjust dozens of projects with low disbursement or inability to be fully disbursed to allocate the capital for new projects signed by the Prime Minister for the 2021-2025 period and approved by the MND for investment in 2022. In his concluding speech, General Giang lauded the two departments and the MND’s relevant agencies for thoroughly grasping their duties and active implementation of State and Government-assigned plans. He also praised them for giving timely recommendations to the MND leaders to direct units in the whole military to … [Read more...] about Defense Minister urges speeding up disbursement for major projects

The R&D center in Hanoi, scheduled to be completed by late 2022, would be Samsung’s major R&D hub not only in Vietnam but also the whole of Southeast Asia. Samsung is expected to expand investment in Vietnam with an additional fund of US$3.3 billion, along with an export target of US$69 billion from its manufacturing facilities in the country. Prime Minister Pham Minh Chinh (r) and Samsung CEO Roh Tae-Moon. Photo: Nhat Bac Samsung’s CEO Roh Tae-Moon mentioned the conglomerate's goals in Vietnam during a meeting with Prime Minister Pham Minh Chinh on August 5. According to Roh, Samsung Vietnam exported more than $34.3 billion worth of electronic products during the first six months of 2022, representing an increase of 18% year-on-year. Roh noted the South Korean IT giant is preparing for mass production of semiconductor components at the Samsung Electro-Mechanics Vietnam plant in Thai Nguyen Province from July 2023, and also for the launch the … [Read more...] about Samsung plans to invest US$3.3 billion in Vietnam in 2022

The ceremony marking the 40th anniversary of the Intellectual Property Office of Vietnam on July 29 (Photo: qdnd.vn) Hanoi (VNA) – The Intellectual Property Office of Vietnam (IPO) under the Ministry of Science and Technology celebrated its 40th anniversary with a ceremony in Hanoi on July 29. IPO Director Dinh Huu Phi said the establishment of industrial property rights is one of the focal tasks of the office since its inception and becoming increasingly important because the surging number of applications for industrial property requires better handling of applications while trade disputes and complaints are also on the rise. By the end of June, the IPO had received nearly 1 million applications for industrial property and granted nearly 600,000 certificates of industrial property protection of all types. The official also highlighted his office’s efforts to promote task performance by improving governance, reforming administrative procedures, applying … [Read more...] about Intellectual Property Office marks 40th anniversary

At the event, the host reported on its leadership over the military and defense work performance in the first six months of this year and mission orientation in the last months of the year. In particular, in the first half of the year, the Party committees and chains-of-command of the Naval Service and its affiliates always promoted solidarity, showed responsibility, closely followed situations, and directed the comprehensive implementation of all duties, resulting in outstanding achievements in several tasks. They advised CMC and the Ministry of National Defense (MND) to work out policies to strongly safeguard national sovereignty over sea and islands and maritime economic activities. They organized delegations to visit and inspect units in Truong Sa island district, in Khanh Hoa province and DK1 platforms on the southern continental shelf of the country as planned. In addition, under their direction, units enhanced training quality, force-regularity building, and discipline … [Read more...] about General Luong Cuong works with Naval Service’s Standing Board of Party Committee

In addition, I will strive to do my best and make efforts, together with the staff at the Ministry of Health, to deploy the works of the sector in the upcoming time. Acting Minister of Health Dao Hong Lan was welcomed by Prime Minister Pham Minh Chinh into her new role, Photo: Duc Thanh Vietnam’s healthcare sector is facing a number of challenges, requiring more efforts to increase its resilience and sustainable development. There are a lot of tasks ahead. At the appointment ceremony, the prime minister directed 7-8 main tasks and I think that all are necessary to carry out at the same time for the sake of people’s health. Therefore, the most important thing is the assignment of the ministry’s units to enable them to do better in terms of pandemic prevention and control, as well as in vaccinations, preventive health, and general diagnosis and treatment. They are all equally important and their development and improvements could enable the sector’s development as a … [Read more...] about Key priorities for healthcare sector amid challenging time

As Vietnam steps into the post-pandemic era, experiences and learnings from the pandemic serve as a reminder of the importance of digital transformation and its crucial technology component. Eunjung Han, consultant at Rouse Legal Vietnam and vice chair of the Digital Sector Committee of the European Chamber of Commerce in Vietnam Despite COVID-19’s negative economic and social impact, Vietnam remains an attractive destination to European investors. According to the European Chamber of Commerce (EuroCham) 2021 White Book, Vietnam’s stable macro-economic climate, with inflation in the single digits, continues to increase investor confidence in the country’s trade and investment environment. Only adding to that, the EU-Vietnam Free Trade Agreement (EVFTA) is paving the way for continued foreign direct investment (FDI) from the EU and is viewed as a means for shared recovery and economic rebound. As the first comprehensive FTA between the EU and a developing country in … [Read more...] about EVFTA underpinning growth in Vietnamese tech market