Iranian f 14 tomcat units in combat

Prime Minister Pham Minh Chinh meets Vietnamese in San Francisco . (Photo: VNA) San Francisco (VNA) – Prime Minister Pham Minh Chinh has lauded overseas Vietnamese ( OVs ) in general and those in the US in particular for their contributions to the homeland as well as the Vietnam-US ties. At a meeting with representatives of the Vietnamese community in San Francisco on May 17 (local time) as part of his trip to the US, Chinh noted that OVs have engaged in 376 projects in the form of foreign direct investment (FDI) with total registered capital amounting to 1.72 billion USD. Remittances to Vietnam exceed 10 billion USD each year, hitting 12.5 billion US D last year, he said, stressing that the capital has played a role in the country’s socio-economic development. The leader reiterated that the Party and the State have always regarded OVs as an integral part and an impulse for national development, which has been reflected in the institutionalisation of … [Read more...] about Prime Minister meets Vietnamese in San Francisco

Flexibility is required in handling raw material issues for power plants and easing coal supply pressures, Photo: Shutterstock Thai Binh Thermal Power Plant under Electricity of Vietnam (EVN) has been in a coal shortage since the beginning of 2022. Ta Trung Kien, director of the plant, said that the volume of coal delivered “has been reduced significantly” compared to the signed contract. Vinacomin Group and Dong Bac Corporation – two of the coal suppliers for the Thai Binh Thermal Power Plant – delivered only just over 74 per cent of the monthly plan. “The two units of our plant need about 6,400 tonnes of coal per day. Due to a lack of coal, the plant was forced to use backup coal to maintain the operation. By the end of the first quarter, these reserves were at just about 14,000 tonnes, much lower than the required norm of 80,000 tonnes,” Kien said. Many other plants are facing similar problems, including Nghi Son 1, Vung Ang 1, Vinh Tan 2, and Duyen Hai 1, which currently … [Read more...] about Nation lacking coal supply for sufficient power generation

Patrick Lenain-Former assistant director Organisation for Economic Co-operation and Development Pressures on global supply chains are also a key headwind in the recovery. Supply chain disruptions are not new: health precautions imposed over the last two years have already caused major bottlenecks. Major shipping hubs such as Los Angeles and Shanghai have operated with reduced capacity, with long waiting times to get shipments processed across the borders. With the pandemic fading away, congestion in international supply chains has eased a bit since December 2021. In the United States, government agencies have worked with shippers, retailers, and port authorities to speed up the movement of goods. For instance, ships waiting to unload containers in US ports have declined by 35 per cent, thanks to 24/7 operations and large recruitment of workers. However, the lack of US truck drivers has emerged as a new problem. Action was taken to hire 30,000 additional truck drivers, … [Read more...] about Will international stress disrupt Vietnam’s economic recovery?

Do Chi Cong, member of EuroCham and general director of SB Invest According to the United Nations World Tourism Organisation (UNWTO), Southeast Asia will become the fourth largest tourist attraction in the world, with Vietnam also developing a green and sustainable pathway over the next ten years. In your opinion, what is the core element of green tourism? Green tourism advocates for minimal detrimental impacts on the local environment, biodiversity protection, renewable energy, the promotion of natural and cultural heritage, environmentally-friendly products, and the active participation of local communities. Green tourism is the key to responsible and sustainable development and respecting natural elements. Minimising negative environmental impacts and creating a healthy environment are all at its core. Thus, to be recognised as a green tourism product, all tourism services such as tours, hotels, restaurants, and golf courses must meet the above criteria. As an … [Read more...] about Prospects for green tourism real estate development

Thao Nguyen - Senior investment manager Ascend Vietnam Ventures Social commerce, a subset of e-commerce that refers to the process of buying and selling goods or services directly within social media platforms, is not new. In Vietnam, long before traditional e-commerce established a foothold with tech-savvy consumers, such activities largely took place on major social media platforms. Serving both big-city shoppers and the majority of the population who live outside of core urban centres, social commerce made up about 65 per cent of Vietnam’s $22 billion e-commerce in 2020, presenting the highest rate in Southeast Asia, according to Bain & Co. Within the last two years, we have been seeing a new wave of startups emerging in this sector and beginning to harness the untapped potential of Vietnam’s social commerce playing field. Some of those have attracted almost $14 million in funding in Q1 this year. Compared to the regional rate of 44 per cent, Vietnam’s social commerce … [Read more...] about Vietnam poised for the next level of social commerce via innovative startups