Increasing the sharing of hydrological and meteorological data and operations of hydroelectric dams remains one of key issues proposed by Vietnam. Vietnam said the Mekong-Lancang Cooperation must be substantive with the coincidence of economic growth and sustainable development. Vietnam's Foreign Minister Bui Thanh Son at the meeting. Photos: Baoquocte Vietnamese Foreign Minister Bui Thanh Son made the statement at the 7th Lancang-Mekong Cooperation (LMC) Foreign Ministers’ Meeting held on July 4 in Bagan, Myanmar in the attendance of his counterparts from Cambodia, China, Laos, Myanmar, and Thailand. To support the common goal, Son suggested four issues including prioritizing economic recovery and resilience with a focus on customs cooperation and smooth trade transactions; supporting regional members in climate adaptation and energy transition; further cooperation in water resources management and use by speeding up the building of an action plan on MLC … [Read more...] about Vietnam urges sustainable development for Mekong-Lancang Cooperation
Laws environmental protection
VN needs regulations of digital, virtual assets
Industry 4.0 was driving a boom of digital and virtual assets, requiring regulations to be raised to ensure its on-track development and management of asset ownership rights. — Photo laodong.vn Viet Nam needs to develop regulations about digital and virtual assets as Industry 4.0 is driving the emergence of new assets and the lack of rules exists is one of the most significant legal problems in asset ownership rights. Currently, digital and virtual assets have not been recognised as property in Viet Nam. Experts said that the existing legal framework of Viet Nam was encountering difficulties in tolerating new types of assets in the Industry 4.0 era. Le Thuy Nga from the Institute of Legal Science pointed out that Viet Nam had not had a legal corridor to identify the owners and transactions of assets of new technology applications. This caused uncertainty in protecting individuals' rights or interests in the holding, transferring, and inheritance of crypto assets, especially … [Read more...] about VN needs regulations of digital, virtual assets
Mechanical engineering firms urged to enhance cooperation
A factory of a mechanical engineering enterprise in Quang Ninh Province's Ha Long City. — Photo cokhitienmanh.vn Domestic mechanical engineering enterprises should strengthen cooperation to improve competitiveness and gain more market share, industry experts have suggested. Nguyen Quang Hieu, general director of PetroVietnam Marine Shipyard JSC (PV Shipyard), told Nhan Dan (The People) newspaper that there were enormous opportunities for mechanical engineering firms to tap into the lucrative local market with a scale of up to billions of dollars. Hieu cited offshore wind power projects as a good example. He said Vietnamese enterprises could produce offshore wind turbine foundations. Even a small-scale wind power project comprises about 30-40 turbines, and its turbine foundation system would need an estimated 300,000 tonnes of equipment. With each tonne equivalent to US$4,000, including the cost of materials, on average, there would be about $1.2 billion worth of market share … [Read more...] about Mechanical engineering firms urged to enhance cooperation
Vietnamese LGBTI+ people paint their own identities
At Miss Universe Vietnam 2022, Do Nhat Ha became the first transgender contestant ever to enter the final round. She was also the winner of Miss International Queen Vietnam 2019 and represented the country at the event's worldwide equivalent, the biggest international beauty pageant for transgenders. This is deemed to demonstrate the significant efforts made by members of the LGBTI+ community to express their self-confidence and integrate into society. Vietnamese LGBTI+ people paint their own identities In Vietnam, common estimates state that LGBTI+ people account for roughly 5-11 per cent of the total population. Individuals of the community are also increasingly recognised as equal and regular members of society, according to a report conducted by the Institute for Studies of Society, Economy, and Environment (iSEE) alongside the Vietnam Centre for Economic and Strategic Studies. Bui Long Phuc, account executive at multinational marketing and advertising agency … [Read more...] about Vietnamese LGBTI+ people paint their own identities