Do Tac Thoat, a resident in Hai Phong city’s Do Son district, celebrates the victory after his buffalo won the first prize in 2018 competition. (Photo: VNA) Hai Phong (VNA) – The traditional Do Son Buffalo Fighting Festival will take place at Do Son district’s Stadium in the northern city of Hai Phong from August 27 to September 11, according to Pham Hoang Tuan, Vice Chairman of the Do Son People's Committee. He said the festival includes two parts – spiritual rites and festivities - with the first part comprising activities such as incense offering and flag raising ceremonies, and procession, among others. Buffalo fighting is a unique and traditional festival of the local people. The festival is not only associated with Water Goddess worshiping and sacrificing customs, but also illustrates the planning and strategy and training capacity of buffalo owners. It has become an indispensable part in Hai Phong people’s spi ritual life. Do Son Buffalo Fighting Festival … [Read more...] about Do Son Buffalo Fighting Festival to be held from Aug. 27-Sept. 11
June 27 2018 lotto result
Get-together marks Vietnam’s 27-year ASEAN membership
Phan Thi Hong Xuan, President of the Vietnam-Southeast Asia Friendship Association in HCM City, said that the past 27 years, since Vietnam joined ASEAN, is not a long period of time compared to the country’s history, but it is very meaningful for Vietnam and ASEAN as well during the building of an ASEAN Community Vision by 2025. Xuan said that though many difficulties and challenges are still ahead, with the good results achieved, the ASEAN Community has affirmed its role as an important and indispensable factor for peace, stability and development in Southeast Asia, and a driving force for dialogue, cooperation and connectivity among member countries as well as the expansion of cooperation and comprehensive development in East Asia and Asia-Pacific. Sok Dareth, Cambodian Consul General in the city, delivered a congratulatory speech on the 55th founding anniversary of ASEAN and shared the bloc's achievements in 2022 when his country is holding the role as the ASEAN Chair. Sok … [Read more...] about Get-together marks Vietnam’s 27-year ASEAN membership
Solar-powered cameras proposed in Hon Mun for coral protection
The degradation of the coral reef ecosystem in the core zone of Nha Trang Bay Marine Protected Area. (Photo: VNA) Khanh Hoa (VNS/VNA) – The People's Committee of Nha Trang city in the south-central province of Khanh Hoa has proposed to install solar-powered cameras to monitor and protect coral in Hon Mun Area after severe coral bleaching was reported there. Huynh Binh Thai, head of the Nha Trang Bay Management Board, said that the cameras would be installed on the island to monitor fishing boats and submersibles in the conservation area. Underwater diving cameras were also proposed to facilitate the observance of coral growth. Along with the installation of cameras, the Vietnam-Russia Tropical Centre and the Nha Trang Institute of Science and Technology for Aquaculture under Nha Trang University will pilot coral restoration in some areas of Hon Mun. They then would choose the optimal method to restore coral on a large scale. Nha Trang Bay is nearly 250 square … [Read more...] about Solar-powered cameras proposed in Hon Mun for coral protection
Digital business lines developing well
On August 1, Nguyen Manh Hung, Minister of Information and Communications, received Ng Boon Heong, CEO of Temasek Foundation, a Singapore-based non-profit organisation, who sought for more business opportunities in the country. Digital business lines developing well. Source: freepik.com Temasek has strong expertise in innovation, climate change, education, and healthcare, and wishes to cooperate with Vietnam on green development and digital transformation in the upcoming years. Likewise, service provider NCS, a member company of Singtel Group, is going to develop a strategic technology centre in Vietnam as a way to expand in the country. This Singaporean firm visited Vietnam last week to sign a cooperation agreement with FPT Software to realise the plan. Ng Kuo Pin, CEO of NCS, told VIR, “We see a lot of opportunities for digitalisation in the country. NCS is looking for partners to help enlarge our global talent pool of IT resources around the world. Digital talent … [Read more...] about Digital business lines developing well
Squeeze in allotted credit room for commercial banks
Vietcombank’s consumer credit balance alone climbed by 14.6 per cent at the end of June. Including existing bond investments, the bank’s loan growth is projected at about 14.4 per cent, well surpassing the central bank’s (SBV) temporary 10 per cent cap. Squeeze in allotted credit room for commercial banks, source: TNCK Likewise, MBBank’s parent bank’s individual increase in client loans was 14.25 per cent at the end of June, which is close to the 15 per cent credit ceiling set by the SBV. However, as MB is rumoured to be a potential acquirer of one of three struggling local institutions, the bank is likely to be awarded a greater credit limit thanks to any deal. Over the same time, customer loan growth at ACB surpassed 9.8 per cent, although the rise in total credit outstanding for the whole year was just 10 per cent. Vietcombank’s deputy general director Nguyen Thanh Tung said that the bank was temporarily given a credit growth limit of 10 per cent this year, but … [Read more...] about Squeeze in allotted credit room for commercial banks
Lecturers’ average income increased by 20.8 percent after university autonomy
Minister of Education and Training Nguyen Kim Son Today, the Ministry of Education and Training’s conference on university autonomy in 2022 was chaired by Deputy Prime Minister Vu Duc Dam, Minister of Education and Training Nguyen Kim Son, and Chairman of the National Assembly's Committee for Culture and Education Nguyen Dac Vinh with the participation of more than 900 leaders of central ministries, departments and agencies, representatives of associations and international organizations, secretaries of schools’ party committees, chairpersons of university councils, principals, leaders of the human resources department of higher education institutions nationwide. The conference aimed to evaluate the achievements in implementing university autonomy as well as verify difficulties and obstacles, for setting up the road map for the upcoming time. Speaking at the opening of the conference, Minister of Education and Training Nguyen Kim Son emphasized that universities operating with … [Read more...] about Lecturers’ average income increased by 20.8 percent after university autonomy
Analysis: Global energy crisis drives rethink of nuclear power projects
MANILA -- The Philippines' Bataan Nuclear Power Plant (BNPP) has not produced any electricity since it was finished in 1984, despite its $2.3 billion price tag and its promise of energy security during the 1970s oil crisis. Approved by former dictator Ferdinand Marcos Sr., his son and new President Ferdinand Marcos Jr. has revived discussions on proposals to rehabilitate the site amid the current energy crisis that has pushed prices for traditional power generating fuels coal and natural gas to records. The BNPP's potential revival is one sign of the renewed interest in nuclear power. Governments across Europe and Asia are extending their aging fleet of nuclear plants, restarting reactors and dusting off plans to resume projects shelved after the 2011 nuclear crisis in Fukushima, Japan. Both the administration of U.S. President Joe Biden and the International Energy Agency have said nuclear power is critical for countries to meet global net-zero carbon emissions goals and … [Read more...] about Analysis: Global energy crisis drives rethink of nuclear power projects
Laguna Lang Co marks five-year anniversary in Vietnam
Five years ago, the integrated resort was established in Lang Co Bay, a destination known for its untouched natural beauty and unique culture. Lang Co was first discovered by King Khai Dinh, the 12 th King of the Nguyen dynasty, and the destination retains its original charm, nestled in a rural setting with picturesque countryside and the natural elements of Feng Shui. Laguna Lang Co has been operating two luxury hotels branded Banyan Tree and Angsana, an 18-hole par-71 championship golf course designed by six-time Major winner Sir Nick Faldo, luxury private villas and residences, convention facilities, and recreational activities. “As we turn five years old with many significant achievements under our belt, we now look forward to the next exciting phase of our development. It is our time! It is also the time for Hue and the province of Thua Thien-Hue to have its moment in the sunshine,” shared Gavin Herholdt, managing director of Laguna Lang Co. “In 2018 we have gone from … [Read more...] about Laguna Lang Co marks five-year anniversary in Vietnam
Technology trading floors in HCMC not living up to expectations
Technological devices to serve post-harvest processing are introduced at one Techmart in HCMC The HCMC technology market has attracted great investment from the public, especially from businesses for the sake of technological innovation, research and development, rationalization of production, and creativity. Technology trading floors, therefore, have become a logical means to establish connections between technology suppliers and buyers, to promote research result commercialization and technology transfer. Statistics reveal that during 2017-2021, these trading floors was the key factor for the introduction of Techport – an electronic information portal for innovation and technology transfer – in 2017, the organization of a professional technology livestream in 2018 and a series of technology talk shows (Technology Cooperation and Idea Connection in 2020, for example), the launch of Techmart – a technology market – in 2021. The HCMC Center for Statistics and Science and … [Read more...] about Technology trading floors in HCMC not living up to expectations
Stock market showing no indication of growth
Although all the micro-economic and macro-economic advantages are available, it seems that there is no key catalyst for trending towards a new growth level at the stock market. Profits vary Initial statistics show that around 600 corporations have made public their financial statements in the second quarter of 2022. The number could be a bit higher if all the estimated figures were actively made public. Figures will continually be updated over the next few days, but the sales and profits of listed corporations will rise positively. For instance, as estimated by Vndirect Securities Corporation, considering 590 corporations listed by 26 July the total sales and profits in the second quarter increased by 25.3% and 17.9% respectively, over the same period last year. Stocks with high capitalization of more than VND 10,000 bln have recorded an average of 34.3% increase in sales and 24.9% in net profits. It is certainly normal for the stock trading market to have dark and bright … [Read more...] about Stock market showing no indication of growth