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The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has inscribed the art of pottery making of the Cham people on the List of the Intangible Cultural Heritage in Need of Urgent Safeguarding. The Vietnamese delegation at the ceremony. The decision was made at the ongoing 17th session of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage taking place in Rabat, the capital of Morocco, from November 28 to December 3. Addressing the announcement ceremony on November 29 (local time), Le Thi Thu Hien, director of the Department of Cultural Heritage, thanked UNESCO for the recognition, and affirmed that the government and especially the Cham community in Vietnam are committed to doing their best to safeguard this precious heritage. The art of pottery making of the Cham people is Vietnam’s 15th intangible cultural heritage inscribed by UNESCO, and also the fourth UNESCO title Vietnam has won this … [Read more...] about UNESCO honours Vietnam’s art of pottery making of Cham people

They were looking for rare earths, the indispensable materials used in the production of most high-tech equipment. Rare earths are a group of 17 elements, the majority of which are irreplaceable in the production of batteries, permanent magnets for electric vehicles, wind turbines, aircraft, mobile phones, and defense equipment. With 44 million tons, China has the largest reserves of rare earths in the world followed by Vietnam (22 million tons), Brazil and Russia (21 million tons each). For three decades China has been the largest producer and exporter, accounting for a full 80% of production. Since 2010, when it started restricting mining and exports, the hunt for rare earths began to spread around the world, and countries at the forefront of technological advancements came to Vietnam in the hope of finding alternative sources. In early 2010 the Japan Oil, Gas and Metals National Corporation and Vietnam's Ministry of Natural Resources and Environment began surveying and … [Read more...] about When Vietnam scoured forests, mountains for rare earths

Party General Secretary Nguyen Phu Trong, President Nguyen Xuan Phuc, Prime Minister Pham Minh Chinh and National Assembly Chairman Vuong Dinh Hue sent condolence messages Friday to their Chinese counterparts and Jiang’s family, according to a statement by the Ministry of Foreign Affairs. In their messages, the Vietnamese leaders noted that Jiang had made contributions to the revolutionary cause and building of socialism with Chinese characteristics; and facilitated normalization of ties and promotion of Vietnam - China relations. The Party, Government, National Assembly, Vietnam Fatherland Front and individual leaders also sent wreaths to the Chinese Embassy in Hanoi. A delegation led by President Phuc and PM Chinh visited the Chinese embassy in Hanoi and wrote in the condolence book. Jiang died from leukemia and multiple organ failure in Shanghai on Wednesday, the Xinhua news agency reported. He was 96. Jiang served as the Chinese Communist Party’s General Secretary from … [Read more...] about Vietnam condoles death of former Chinese President Jiang Zemin

The current cap on foreign ownership is 30%, but that could change if the decree drafted by the State Bank of Vietnam is approved. The government has directed Vietnam’s stronger financial institutions to take over weaker ones and DongABank, CB, OceanBank and GPBank have been classified as "weak" lenders in need of restructuring. To date, four lenders -- Vietcombank, MB, HDBank and VPBank -- have revealed plans to acquire their struggling competitors. At an annual shareholder meeting in late April, Vietcombank chairman Pham Quang Dung said the bank plans to acquire a weak bank in line with the central bank’s plan. MB bank has announced that it intends to acquire OceanBank for zero dong. An MB executive noted that the failing institution accounts for less than 10% of MB’s total assets, and its accumulated losses are no more than VND20 trillion (some $806.45 million). "Cooperating with this bank (OceanBank) is both a political task and an opportunity for MB," said MB Vice … [Read more...] about Vietnam seeks more foreign ownership in banks acquiring weaker lenders

The award bagged by KONE Vietnam, the local entity of Finland-based world’s leading enterprise in the elevator and escalator industry, recognising the company's efforts towards being a trusted partner for developing smart and sustainable cities. Representative of KONE Vietnam receiving the Smart City Award 2022 Its KONE DX class elevator has been featured in “Solution for smart building / apartment” category and KONE is the first and only FDI company named for this award. With the goal of optimising the project's functions, investors are increasingly interested in installing high-quality, smart elevators. In Vietnam, KONE is one of the leading elevator suppliers, prominent with premier projects such as InterContinental Grand Ho Tram, Le Meridien Saigon, JW Marriott Hanoi, InterContinental Nha Trang, Pullman Phu Quoc, Masteri Centre Point, Lotte Mall Hanoi, WINK Hotels, GO! supermarket chains, among others. The "Smart City Award 2022” is a worthy recognition for … [Read more...] about KONE Vietnam shines at Smart City Award 2022

Making net zero targets a reality would require practical solutions toward massive cuts in GHG emissions, especially in industries with high emission. In its latest report, Dream Incubator (DI) shows the causes of emission and possible directions for emission mitigation in top-emitting industries in Vietnam. For Vietnam, electricity generation, rice cultivation, and road transportation should be tackled as the top emitters with alarmingly elevated growth rates. Electricity generation has largely been known as the No.1 contributor to GHG emission in Vietnam, with coal being the most common cause. To mitigate emissions from coal-fired power plants, one solution is to encourage more renewable sources, most notably wind and solar. However, renewable energy developers are now struggling with the expiry of feed-in tariffs (FiT) scheme. Even though it is not yet official, Vietnam seems to be moving towards an auction scheme based on recent comments from government officials. To … [Read more...] about Innovating towards net zero: energy, rice, and transportation in Vietnam

Chairman of the National Assembly Vuong Dinh Hue speaks at the event. (Photo: VNA) Melbourne (VNA) – Chairman of the National Assembly Vuong Dinh Hue on December 2 (local time) delivered a speech at the Australia – Vietnam Policy Institute in the headquarters of RMIT University in Melbourne , as part of his official visit to Australia. Following is the full text of the remark. “ENHANCING VIET NAM – AUSTRALIA STRATEGIC PARTNERSHIP FOR PEACE, STABILITY, COOPERATION AND DEVELOPMENT Professor Alec Cameron, President and Vice-Chancellor of RMIT University, Distinguished guests, Today, I am delighted to visit and address the Australia - Vietnam Policy Institute (AVPI), the first agency in charge of conducting policy research and providing recommendations specifically on the Vietnam - Australia ties. Distinguished guests, Distinguished guests, Distinguished guests, Distinguished guests, Distinguished guests, Distinguished guests, Thank you. ”./. VNA … [Read more...] about Remarks by NA Chairman Vuong Dinh Hue at Australia – Vietnam Policy Institute

Michelin announces Hanoi and Ho Chi Minh City as the latest destinations joining the international selection of the MICHELIN Guide at a ceremony in the capital city on December 1. (Photo: Sun Group) Hanoi (VNA) – Michelin announced Hanoi and Ho Chi Minh City as the latest destinations joining the international selection of the MICHELIN Guide at a ceremony in the capital city on December 1. For the first time in the Guide's history, the MICHELIN inspectors will evaluate quality restaurants in Vietnam's two largest cities. They will present their first selection of restaurants in June 2023. Ahmad Faiez Mohamed Pisal, Managing Director of Michelin Vietnam, said at the launching ceremony of MICHELIN Guide Vietnam that the Southeast Asian nation has been known to the world for its history and interesting culinary traditions . Locals in Hanoi and HCM City have taken street foods as a lifestyle, he said, praising owners of culinary establishments , whether local or foreign, … [Read more...] about MICHELIN Guide arrives in Vietnam

Participants at the workshop (Photo: VNA) HCM City (VNA) – A workshop discussing issues related to mutual legal assistance (MLA) in criminal matters was held by the Supreme People's Procuracy and the Japan International Cooperation Agency (JICA) in HCM City on December 2. Participants heard that a number of new requirements for the judicial sector in recent years include electronic data collection , recovery of property acquired from illegitimate sources, and sending witnesses abroad to provide mutual legal assistance. mutual legal assistance of the Supreme People's Procuracy, said Vietnam has sent more than 1,200 requests for MLA in criminal matters , and received nearly 280 requests of this kind from abroad over the last two years. VNA … [Read more...] about Vietnam learns from Japan’s experience in mutual legal assistance

National Assembly Chairman Vuong Dinh Hue speaks at the forum (Photo: VNA) Sydney (VNA) – National Assembly Chairman Vuong Dinh Hue attended the Vietnam-Australia Education Cooperation Forum in Melbourne on December 2, as part of his official visit to the country. Both Hue and Senator Tim Ayres , who is Assistant Minister for Trade and Assistant Minister for Manufacturing of Australia, agreed that education and training cooperation has always been a pillar and a "bright spot" in the two country’s relations. In 1974 – just one year after the two set up their diplomatic ties, Australia granted the first scholarships to Vietnamese students, and since then more than 80,000 Vietnamese students have completed their study here. With around 30,000 students currently studying in Australia, Vietnam ranks fourth in terms of the number of students in the country. Appreciating Vietnam’s renewal process and its goal of becoming a high-income country by 2045, Tim Ayres … [Read more...] about NA Chairman attends Vietnam-Australia Education Cooperation Forum in Melbourne