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Hanoi – A regional information platform for energy transition SIPET, targeted at professionals, has been launched by the Clean, Affordable, and Secure Energy for Southeast Asia (CASE) to facilitate dialogue and promote coordination in the region’s power sector to support the acceleration of the energy transition in the region. A wind power farm in the Mekong Delta province of Bac Lieu. (Photo: VNA) Energy demand is projected to grow by 80 percent by 2050. Indonesia, the Philippines, Thailand, and Vietnam represent nearly three-quarters of total power generation in Southeast Asia; therefore, the ability of the region to meet its development goals largely depends on the countries’ current and future energy choices. Yet, energy transition stakeholders in Southeast Asia have highlighted in a survey a series of common challenges: a lack of institutional capacity; a lack of platforms for timely information and intelligence sharing; excessive time spent in coordination; and … [Read more...] about Southeast Asia’s information platform for energy transition debuts

Cuban Prime Minister Manuel Marrero Cruz poses for a photo with his Vietnamese counterpart Pham Minh Chinh (right) during their meeting on September 29. (Photo: VNA) Hanoi (VNA) – Cuban Prime Minister Manuel Marrero Cruz left Ho Chi Minh City on October 2 afternoon, concluding his official visit to Vietnam since September 28. During his stay in Vietnam, the leader held talks with his Vietnamese counterpart Pham Minh Chinh, paid a courtesy call to Party General Secretary Nguyen Phu Trong, and separately met President Nguyen Xuan Phuc and National Assembly Chairman Vuong Dinh Hue. He was bestowed with Vietnam’s Ho Chi Minh Order and attended a Vietnam-Cuba business forum. He also had a meeting with HCM City leaders and witnessed the signing of multiple agreements between the two countries. Party General Secretary (right) hosts a reception for the Cuban PM. (Photo: VNA) In his reception for the Cuban leader, Party General Secretary Trong said his Vietnam visit will … [Read more...] about Cuban PM wraps up visit to Vietnam

The viaduct will cross two hills past a hydroelectric power station and Sa Pa’s rice terraces. It is 612 meters long with five continuous spans, and 14 meters wide with four lanes. Construction started in January 2021 at a cost of VND450 billion (US$19.8 million), and is now 99% complete. The viaduct will reduce the 30-km trip from Lao Cai Town, the capital of the namesake province, to tourist town Sa Pa by 2.5 km. Now vehicles use National Highway 4D though it has many slopes that frequently suffer from landslides. The bridge’s surface has been covered with asphalt, and the lighting system has been completed. Sa Pa authorities believe the bridge does not only shorten the route from Hanoi to Lao Cai, but will also become a new icon that will attract tourists to the town. The steel railings of the bridge are decorated with lotus figures. … [Read more...] about Vietnam’s tallest viaduct gets ready for traffic

MUSIC & PERFORMANCES Hanoi-Charity Classical Concert “Ryoma Quartet – New Life” Oct 9, 8 pm Concert hall, Vietnam National Academy of Music, 77 Hao Nam Street, Dong Da District From the organizer: Heading towards the 50th anniversary of the Japan – Vietnam diplomatic relation establishment, in the context where the relation between the two countries are seeing unprecedented growth both horizontally and vertically, Plando Vietnam and charity organisations hold the classical concert “Music night for Vietnamese children”, aiming to promote cultural exchange between the two countries, with all profit from ticket sales and donations sent to the fund “Building schools for children in the mountainous areas of Vietnam”. _______________________________________________________________________________ EXHIBITION Hanoi-In The Flow of Silk Until Oct 3 The Muse Artspace 47 Trang Tien Street From the organizer: Much like art in general, the flow of … [Read more...] about What’s on October 3-9/2022

The largely innocuous but soggy remnants of Hurricane Ian drifted through Virginia early on Sunday, leaving in their wake storm-ravaged residents in Florida and the Carolinas facing a disaster recovery expected to cost tens of billions of dollars. The storm's toll on human life also was expected to rise as floodwaters receded and search teams pushed farther into areas initially cut off from the outside world, seeking stranded survivors and the remains of anyone who may have perished. At least 50 storm-related deaths have been confirmed since Ian crashed ashore Florida's Gulf Coast with catastrophic force on Wednesday as a Category 4 hurricane, packing maximum sustained winds of 150 miles (240 km) per hour. Florida accounted for the bulk of fatalities, with 35 tallied by the sheriff's office in coastal Lee County, which bore the brunt of the storm when it made landfall, and 11 other deaths reported by state officials in four neighboring counties. A destroyed marina … [Read more...] about Hurricane-ravaged Florida, Carolinas face daunting recovery

Binh Phuoc has the largest area in the southern key economic region, holds strategic geographical location as a gateway for socio-economic and cultural exchanges between the southeast, the Mekong Delta and neighbouring Cambodia. Its gross regional domestic product growth amounted to 9.01% in the first nine months of this year, higher than the country’s average and topping the southeast’s. Participants were also impressed by the province’s revenue to the State budget and recovering exports. The number of firms resuming operation doubled the shut-down ones, contributing to generating jobs to nearly 37,000 workers. Binh Phuoc also completed the provincial planning for the 2021-2030 period with a vision to 2050. In order to welcome new investment flows in the near future, the province should make thorough preparations in terms of both hard and soft infrastructure, especially information technology and digitalisation, N.A. Chairman Hue said. According to him, Binh Phuoc should focus … [Read more...] about N.A. Chairman congratulates Binh Phuoc on achievements

The first sample of chip made by FPT semiconductor. — Photo courtersy of FPT Viet Nam’s leading ICT company FPT Software has launched a new subsidiary, FPT Semiconductor, marking a key milestone for the company as it enters the booming semiconductor industry. Through the new subsidiary, FPT Software aims to gain a slice of Asia Pacific’s semiconductor market which accounts for 60 per cent of global sales. FPT Semiconductor released its first integrated circuits (ICs), designed in Viet Nam and manufactured in South Korea, in August 2022. These ICs will be used in Internet of Things (IoT) medical devices. By 2023, FPT Semiconductor plans to supply 25 million chips globally in seven types to meet diverse needs in telecommunications, IoT, automotive technology, energy, electronics, and others. According to a Technavio report, Viet Nam's semiconductor industry is estimated to exceed US$6.16 billion by 2024. FPT Semiconductor aims to become a supplier of Vietnamese brand chips for … [Read more...] about FPT Software produces made in Viet Nam chips

The event, part of activities to celebrate the 45th founding anniversary of ASEAN-E.U. ties, was hosted by the Embassy of Thailand in association with the ASEAN Brussels Committee. The three-session workshop focused on the fields of green development, connectivity, and trade and sustainable supply chain. Participants agreed on the significance of the ASEAN-E.U. strategic partnership, especially amid uncertainties in the regions and the world, along with emerging risks of supply chain disruption, food and energy security. E.U. delegates said the union will give priority to green and sustainable development, ensuring safety of supply chain and adaptation to fluctuations in the time to come, with ASEAN in general and its member countries being important partners of the E.U. It is to expand cooperation with ASEAN in green transition, renewable energy, climate change adaptation, infrastructure connectivity and digital transformation, among others. Chairing the discussion on … [Read more...] about ASEAN, E.U. discuss lifting cooperation to new height

With its long-term vision for sustainable development, coupled with a clear implementation strategy and an effective social and environmental risk management system, VPBank has gradually become a role model of a “green” bank in Vietnam. Such progress has brought sustainable values to the bank itself as well as the community and the whole economy. Mrs. Luu Thi Thao, VPBank’s Standing Deputy CEO, shared with the Asian Business Leadership Forum (ABLF) the bank's efforts in building its Environmental, Social, and Governance (ESG) scheme. Mrs. Luu Thi Thao, VPBank’s Standing Deputy CEO In July, Moody's for the first time announced VPBank's ESG sustainability score at 2 out of 5, with 1 being the highest. Is this a testament to VPBank's long-term strategy for sustainability and building up the image of a green bank? What were the factors contributing to such a good result? With a rating at 2, out of 5 by Moody's for VPBank’s strong foundation, clear strategy and effective … [Read more...] about Sustainable finance is the way to address ESG challenges

The death toll from Hurricane Ian climbed past 80 on Sunday as embattled residents in Florida and the Carolinas faced a recovery expected to cost tens of billions of dollars, and some officials faced criticism over their response to the storm. The death toll was expected to keep rising as floodwaters receded and search teams pushed farther into areas initially cut off from the outside world. Hundreds of people have been rescued as emergency workers sifted through homes and buildings inundated with water or completely washed away. At least 85 storm-related deaths have been confirmed since Ian crashed ashore Florida's Gulf Coast with catastrophic force on Wednesday as a Category 4 hurricane with maximum sustained winds of 150 miles per hour (240 km per hour). A destroyed car is seen in the Matanzas Pass after Hurricane Ian caused widespread destruction in Fort Myers Beach, Florida, U.S., October 1, 2022. Photo: Reuters Florida accounted for all but four of the … [Read more...] about Hurricane Ian death toll climbs to 83, officials defend response