Liquefied natural gas lng

Economic value The Ministry of Natural Resources and Environment recently coordinated with the Party Central Committee’s Economic Commission and relevant units to organize a forum on sustainable development of Vietnam's marine economy in 2022 in Phu Yen Province. Deputy Minister of Natural Resources and Environment Le Minh Ngan told the gathering that marine tourism brings 70 percent of revenue to the country’s tourism industry; sea freight transport reached 85.1 million tonnes; oil and gas production reached 18.43 million tonnes (crude oil production was 10.97 million tonnes). The output of fisheries production reached 3.92 million tonnes; and aquaculture 4.805 million tonnes. Investment in infrastructure development is needed to connect dynamic coastal economic zones Investments have been poured into construction of traffic infrastructure connecting big economic urban centers and economic zones to sea ports, and linking northern with southern, eastern with … [Read more...] about Vietnam’s marine economy unleashes major potential

The five-day visits of Vietnam’s National Assembly Chairman Vuong Dinh Hue to Hungary and the UK marked a new milestone in bilateral relations, eventually contributing to the Vietnam-EU partnership. The Chairman’s official visit to Hungary was significant amid the 72nd anniversary of diplomatic relations and approaching the five-year mark of the comprehensive partnership (2018 – 2023). In addition, Hungary was Vietnam’s first comprehensive partnership in Central and Eastern Europe, as the former has been actively supporting Vietnam in both multilateral frameworks and also in Vietnam-EU relations. NA Chairman Vuong Dinh Hue and Hungarian Prime Minister Viktor Orban. Source: VNA It was noted worth mentioning that Hungary was the first among EU members that ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). Chairman of the NA’s Foreign Affairs Committee Vu Hai Ha said meetings between Chairman … [Read more...] about New milestone in Vietnam’s relations with Hungary, UK

Vice Chairwoman of the HCMC People’s Committee Phan Thi Thang visits a display booth of Nghe An Province's local products. (Photo: SGGP) Attending the event was Deputy Minister of Culture, Sports and Tourism Doan Van Viet, head of Vietnam National Administration of Tourism (VNAT) Nguyen Trung Khanh, Chairman of the People’s Committee of Nghe An Province Nguyen Duc Trung, Vice Chairwoman of the HCMC People’s Committee Phan Thi Thang and Deputy Chairman of the People’s Committee of Hanoi Nguyen Manh Quyen, leaders of provinces and travel businesses. The event aims to promote potential and the value of natural resources for tourism of localities as well as exploit trans-provincial and trans-regional tourism products, affirming the country's position on the world tourist map. The forum is the city’s 6th tourism development cooperation program promoting the linkage in tourism between HCMC and eight cities, provinces in the Northwest region , 13 Southern provinces and cities , … [Read more...] about HCMC, north central provinces boost linkage for tourism development

Engineers at VNSC are building a small satellite. (Photo: VNSC) Hanoi (VNA) – Potential plans and roadmaps were proposed to build national capacity in Earth observation using small satellite systems during a seminar held by the Vietnam National Space Centre (VNSC) at the Vietnam Academy of Science and Technology (VAST) in Hanoi on June 30. In his remarks, VNSC General Director Assoc. Prof., Dr. Pham Anh Tuan said the Government in February 2021 announced a strategy for the development and application of aerospace science and technology by 2030, aiming to utilise achievements in the fields to address defence and security issues, strengthen management of environment and natural resources, monitor natural disasters and minimise their impacts, and provide related services for people. This seminar forms part of the efforts to translate the strategy into reality, according to Tuan. The seminar is held by the Vietnam National Space Centre (VNSC) at the Vietnam … [Read more...] about Vietnam to use small satellites to build capacity in Earth observation

The ceremony to sign the deal was held at the Intercontinental Landmark Hotel in Hanoi, and attended by executives from both companies, including Samsung Engineering Executive vice president GyuYeon Kang and DNP Water chairman Ngo Duc Vu. With this acquisition, Samsung Engineering holds a 24 percent stake in DNP Water, DNP Holding owns 53 percent and other stakeholders have 23 percent. DNP Water is a private enterprise that focuses on water supply business in Vietnam and is the largest private water treatment company in terms of capacity. It was spun off from the DNP Group, a manufacturer of plastic pipes, in 2017. Since then it has been growing in the water treatment business by buying private water supply assets and developing new businesses. (From L) Nguyen Van Hieu, DNP Holding CEO, Kang Gyu-yeon, Samsung Engineering EVP and Ngo Duc Vu, DNP Water Chairman at the signing ceremony. Photo by Samsung Engineering The Asian water treatment market is shifting from … [Read more...] about Samsung Engineering acquires stake in water treatment company

On June 29 in Dong Nai, USAID and the Enterprises Development Agency under the MPI organised the workshop themed “Improving packaging technology and design to enhance competitiveness and efficiency”. At the workshop, businesses were updated on information about the latest design technology. Besides this, they received support to design suitable packages with their products to increase their value. One day earlier in Ho Chi Minh City, the two parties also organised a training workshop on the reduction of greenhouse gas emissions and initial solutions for businesses. Rasmus Nedergaard, an expert on sustainable strategic planning, introduced proactive solutions to reduce emissions for businesses. Other experts also introduced updated information on carbon markets, carbon trading, and existing solutions in Vietnam. The two workshops were part of the Vietnam Private Sector Competitiveness Enhancement Project (USAID IPSC) with a total budget of $36 million, which is currently … [Read more...] about USAID cooperates with MPI to ready enterprises for the future

Speakers in the workshop in Quy Nhon city (Photo courtesy of the organiser) Binh Dinh (VNA) – A workshop recently took place in Quy Nhon city, central Binh Dinh province, to discuss the improvement of awareness in plastic waste collection and recycling to promote the circular economy in Vietnam. The event was held by PepsiCo Vietnam , the Centre of Education and Development (CED), and the Vietnam Chamber of Industry and Commerce (VCCI) - Da Nang branch. It was part of the “Increase awareness in plastic waste management” project funded by PepsiCo Foundation through Give2Asia and implemented by CED in collaboration with partners in Vietnam from January 2020 to December 2022. One of this project’s objectives is to raise awareness of small and medium enterprises (SMEs) in Vietnam through plastic waste collection and treatment management in order to apply a circular economy model for sustainable business development. The workshop saw the participation of 70 delegates … [Read more...] about Workshop discusses plastic waste collection, recycling

Viettel is the first enterprise in Vietnam and also one of the five enterprises in Southeast Asia to officially set up a strategic partnership with NVIDIA – one of the world’s largest AI service solution provider corporations in the world. Promoting cooperation with leading partners in the world, especially NVIDIA, reflects Viettel’s high determination to invest in AI development. These activities aim to help Vietnam reach the Prime Minister’s target set in the national strategy on AI research, development, and application by 2030, as well as to attain the goal of being among the Top 5 leading countries in ASEAN and the Top 60 nations in the world in term of AI research, development and application. The strategic cooperation between Viettel and NVIDIA is expected to speed up AI research and application in various fields, including computer vision, natural language processing, digital twin, robotics, and others. Under the deal, Viettel will join the NVIDIA Partner Network, marking … [Read more...] about Viettel and NVIDIA sign MoU on AI cooperation