The European Union is working to boost its presence in the Pacific through economic ties and new security commitments as geostrategic competition in the region intensifies, the bloc's ambassador to Pacific Island nations said on Tuesday. Ambassador Sujiro Seam told Reuters in an interview during a visit to New Zealand the EU had long been seen as a development partner in the Pacific and that it wanted to be perceived as an economic and strategic partner as well. The EU's push comes as major powers are vying for influence in the region, with the United States and Australia ramping up engagement in the Pacific after China signed a security pact with the Solomon Islands this year. "The geostrategic importance of the Pacific is recognised by everyone, including the European Union," Seam said. The European Union has long had a presence in the Pacific, mostly via France's ties to French Polynesia. In 2021, the European Union set out a formal Indo-Pacific strategy and announced a … [Read more...] about European Union working to increase economic, security ties in Pacific
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Shinhan Bank wins ‘Best companies to Work for in Asia’ award for 4th time
Lee Jong Hyuck, deputy CEO of Shinhan Bank Vietnam, receives the ‘Best Company to Work for in Asia’ award at a ceremony in HCM City on August 11. — Photo courtesy of the company Shinhan Bank has won the ‘Best Companies to Work for in Asia’ award in Vietnam from HR Asia Magazine for a fourth straight year. The awards were based on an employee satisfaction survey, an in-depth assessments with executives of companies to better understand HR policies, recruitment, employment information and strategic points to build a good workplace, and independent information acquired in the media and interviews with industry experts. The judges praised the bank for its efforts to create an ideal working environment and its capacity to adapt to the problems brought by the COVID-19 outbreak, particularly during the peak period in 2021. The bank rapidly developed a business continuity plan led by senior personnel, utilising digital transformation technology to ensure business and operational … [Read more...] about Shinhan Bank wins ‘Best companies to Work for in Asia’ award for 4th time
Hanoi has new transportation and logistics center
The center will provide logistics and e-commerce services in the capital city and the northern region of Vietnam. A transportation and logistics center and a cross belt automatic sorting system were launched by Vietnam Post on August 15 in Me Linh District, on the outskirts of Hanoi. Vietnam Post's cross belt automatic sorting system. Photo: Vietnam Post The 28,000 m2 center is expected to facilitate goods circulation as well as international mail and postal shipment exchange for 21 northern provinces and cities. This is an important infrastructure in providing logistics and e-commerce services in the Northern region and Hanoi, meeting the needs of Vietnam Post, the Vietnamese postal service provider, and the diverse requirements of customers in the context of the growing e-commerce scene. The cross belt automatic sorting system at the center ha s a capacity of more than 24,000 packages per hour. With the application of artificial intelligence, the … [Read more...] about Hanoi has new transportation and logistics center
Ring Road 3 in HCMC to start works on June 30 of 2023
Map of the investment and construction project of Ring Road No.3 in Ho Chi Minh City The Government has just issued Resolution No.105/NQ-CP to implement Resolution No.67/2022/QH15 dated on June 16 of 2022 of the National Assembly on approving the policy for the construction investment project of Ring Road No.3 in Ho Chi Minh City. The Ring Road No.3 project is divided into eight component projects under public investment form, traveling through three provinces of Dong Nai, Binh Duong, Long An and Ho Chi Minh City, comprising four component projects of compensation and resettlement support. Heads of the People’s Committees of Ho Chi Minh City, the provinces of Dong Nai, Binh Duong and Long An will be authorized to impose decisions on component projects investment. The Resolution also showed the detailed progress and implementation plan. Accordingly, the establishment, appraisement and approval of a report on environmental impact assessment for component projects have been … [Read more...] about Ring Road 3 in HCMC to start works on June 30 of 2023
Viettel to produce chips amidst global shortage
Leaders of the military-owned Viettel Group made the proposal at a Tuesday meeting with Prime Minister Pham Minh Chinh. The proposal was made in the context of the recent global chip shortage, which has seriously affected many manufacturing sectors and business areas, prompting several countries to promote chip production as a national security measure. In this context, the group also asked to be assigned the tasks of ensuring national defense and security, promoting its strengths and demonstrating the pioneering role of state-owned companies in the fields of high-tech defense, construction and cyber security and safety. Viettel said it wanted to deploy a national digital conversion platform, and work as an intermediary for financial switching services and electronic clearing services to facilitate transfer of funds from one bank account to another. The group also wanted permission to research green energy technology and modernize important infrastructure in the field of … [Read more...] about Viettel to produce chips amidst global shortage
Germany accepts Vietnamese redesigned passport
The move aims to facilitate Vietnamese citizens in Germany to obtain residence permits and conduct other administrative procedures. Germany has recognized the validity of the newly introduced Vietnamese passport after the Vietnamese authorities agreed to add information about the holder's place of birth, according to the German Embassy in Hanoi. Accordingly, Germany will begin issuing visas for Vietnamese holders of the new passport as long as it is added information about the place of birth on the observations page. In its announcement, the German Federal Foreign Office said it appreciated Vietnam's timely solution to this issue. The embassy said the move would facilitate Vietnamese citizens in Germany in processing residence permit applications and conducting other administrative formalities. The newly introduced passport of Vietnam. Photo: Xuan Ha Earlier, the German Embassy in Vietnam on July 27 informed that Vietnam’s new passports, whose issuance … [Read more...] about Germany accepts Vietnamese redesigned passport
Hanoi boosts socio-economic growth, but remains vigilant against Covid-19
The city is keen to avoid any Covid-19 impacts that could derail its plan for socio-economic recovery for this year. The Hanoi People's Committee has urged local agencies to remain vigilant against the Covid-19 pandemic and accelerate the disbursement of public funds, seen as a key task for socio-economic recovery for the rest of the year. Electronics production at Rhythm Precision Vietnam, Soc Son District, Hanoi. Photo: Pham Hung Among the key tasks, the city would focus on the Covid-19 vaccine roll-out by providing boosters for eligible people, including the completion of vaccination for children aged 5-12 before September 2022, noted the municipal People’s Committee in a directive. The city’s authorities reiterated public investment is a key task for economic development and considered pubic fund disbursement a key criterion to evaluate the performance of each agency, department, and unit by year-end, especially leaders and senior officials. “Efforts … [Read more...] about Hanoi boosts socio-economic growth, but remains vigilant against Covid-19
President Ho Chi Minh Mausoleum reopens
A trip to Ho Chi Minh Mausoleum can be an extraordinary experience for any visitor. The Mausoleum of late President Ho Chi Minh in Hanoi reopened to the public today [August 16] after regular maintenance since June 13, according to the mausoleum’s Management Board. The activities honoring the late President and the heroic martyrs will also resume today. Visitors queue to enter the mausoleum in Hanoi’s Ba Dinh District to pay tribute to late President Ho Chi Minh. Photo: Minh An/ The Hanoi Times Earlier, the mausoleum and the nearby martyr monument were closed from June 13 to August 15 for annual maintenance. President Ho Chi Minh passed away on September 2, 1969. The remains of President Ho Chi Minh rest in the central hall of the mausoleum where thousands of citizens and foreign guests visit every day. The granite mausoleum, which was built in two years, from 1973 to 1975, has become an important landmark of the capital city. A trip to Ho Chi … [Read more...] about President Ho Chi Minh Mausoleum reopens
Ho Chi Minh Mausoleum ceases guest service from March 23 on Covid
It's unknown when the service will be resumed. The Management Board of President Ho Chi Minh Mausoleum has announced the temporary suspension of guest service from March 23 to prevent the spread of the Covid-19 pandemic. Ho Chi Minh's House The Monument to the Fallen Combatants and the Ba Dinh square are also closed. The reopening time has not been announced. Attractions in the relics such as Ho Chi Minh’s stilt house, fish pond, or Ho Chi Minh Museum are shut. Visitors at Ho Chi Minh Museum Normally, President Ho Chi Minh Mausoleum welcomes visitors every day in the morning, except Monday and Friday. Each year, the Mausoleum is closed for a few months for maintenance work. … [Read more...] about Ho Chi Minh Mausoleum ceases guest service from March 23 on Covid
Hanoi helps businesses get loans
The city's authorities will continue focusing on boosting economic recovery while addressing the concerns of the business community. An agreement signing ceremony to support access to concessional loans between the Hanoi Investment Fund for Development, the city's commercial banks and the business community took place at a conference connecting stakeholders in Hanoi on 15 August. An overview of the signing ceremony. Photo: kinhtedothi.vn The municipal Department of Industry and Trade and the Investment Fund for Development also signed an agreement on cooperation and information exchange on the same day to promote the recovery of the city’s businesses in the post-pandemic period. Speaking at the conference, Acting Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan said: “The conference is expected to facilitate the connection between local banks and businesses to support those who need concessional loans.” She called on the … [Read more...] about Hanoi helps businesses get loans