National centre for hydro meteorological forecasting

Ph.D Nguyễn Hòa Anh, founder of Spobiotic (probiotic spores) Research Centre at the lab. — VNS Photo Kiều Vân HÀ NỘI — A Spobiotic (probiotic spores) Research Centre, the first of its kind in the country, was opened in Hà Nội on Wednesday. Dr Nguyễn Hòa Anh, founder of the centre, said: “We hope the centre will motivate more scientists to pay attention and develop probiotic spores as a solution towards an antibiotic-free future.” The centre aims to serve in-depth research on probiotic spores based in the fields of microbiology, biophysics, biochemistry, molecular biology and cell, according to Anh. The centre, with a total investment of US$1 million, equipped with many modern machines and equipment, is operated by LiveSpo Global JSC. “The staff working at the centre are qualified with Master’s degrees or higher, especially as we give priority to young talents with potential,” Anh said. Probiotic spores need to be studied more for new functions and applications to replace … [Read more...] about Probiotic spores research centre opens in Hà Nội

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 19. - Prime Minister Pham Minh Chinh and his entourage arrived in Hanoi on May 19, successfully concluding their trip to the US to attend the ASEAN-US Special Summit, and to make visits to the US and the United Nations. Prime Minister Pham Minh Chinh at the ASEAN-US Special Summit . (Photo: VNA) The trip has contributed to promoting the relations between the Association of Southeast Asian Nations (ASEAN) and the US, and between Vietnam and the UN and the US, while affirming Vietnam’s role and prestige in the international arena. Read full story - Visiting Speaker of the Parliament of Singapore Tan Chuan-Jin received Chairman of the Vietnam - ASEAN Friendship Parliamentary Group Bui Van Cuong in Hanoi on May 19. During the meeting, Tan briefed his visitors on the outcomes of his talks with Vietnamese NA Chairman Vuong Dinh Hue. Read full story - The … [Read more...] about ☕ Afternoon briefing on May 19

Prime Minister Pham Minh Chinh delivers a speech at the Centre for Strategic and International Studies (CSIS) (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh’s trip to the US to attend the ASEAN-US Special Summit , and pay working visits to the US and the United Nations (UN) from May 11-17 has produced a lot of important results, both multilaterally and bilaterally, contributing to promoting the relations between ASEAN and the US, Vietnam and the UN, and Vietnam and the US, and affirming the country's position and prestige in the international arena. During his stay in the US, PM Chinh engaged in more than 60 activities in Washington D.C, Boston, New York and San Francisco. He attended and delivered a speech at the sessions of the ASEAN - US Special Summit, and met with leaders of several ASEAN countries such as the Prime Ministers of Laos, Cambodia and Singapore, and the President of Indonesia. Foreign Minister Bui Thanh Son said that the Government … [Read more...] about PM’s working trip to US enhances Vietnam’s position, prestige

Vietnam achieved decent growth in the first quarter despite global geopolitical instability. The socioeconomic statistics report for the first quarter of 2022 of the General Statistics Office published on March 29 stated that GDP in the first quarter was estimated to increase by 5.03 per cent over the same period last year. A day before the report, Fitch Ratings forecast that Vietnam’s growth would recover to 6.1 per cent in 2022 and 6.3 per cent in 2023 thanks to increased domestic consumption, exports, and investment inflows. For the nation’s economic progress, the Power Development Plan VIII (PDP8) is the basis to guarantee the stability of Vietnam’s power source system. According to the Ministry of Industry and Trade (MoIT), by the end of 2021, the total installed capacity of renewable energy sources reach around 20,670MW, accounting for 27 per cent of the total installed capacity of the whole system (76,620MW). Finding the spark to ignite energy goals, illustration … [Read more...] about Finding the spark to ignite energy goals

A delegation of the Vietnamese Embassy in Thailand led by Ambassador Phan Chi Thanh visits Ho Chi Minh Museum in Phichit province. (Photo: VNA) Hanoi (VNA) – The Vietnamese Embassy in Cambodia on May 19 held an incense-offering ceremony to pay tribute to President Ho Chi Minh on his 132nd birthday. In his remarks, Ambassador Nguyen Huy Tang called on the embassy’s staff and Vietnamese people in Cambodia to follow the late President’s ideology, morality and lifestyle. They should seriously observe local law and support each other, he said, lauding Vietnamese firms and agencies in Cambodia for their support to Cambodia ns of Vietnamese origin and local people during the COVID-19 fight. The Vietnamese community in Hungary and Hungarian friends on May 18 also gathered at a ceremony in Zalaegerszeg city where President Ho Chi Minh’s statue is located to pay homage to the late leader. Góra Balázs, Chairman of the Hungarian Socialist Party’s Zalaegerszeg branch, recalled … [Read more...] about President Ho Chi Minh remembered abroad

Gold is yet again becoming a safe haven asset, and some customers want more ways to get involved, Le Toan The World Gold Council (WGC) believes that the appetite for gold is often hampered by the interest rate, as when interest rates rise, gold loses its appeal. However, inflation is also a tailwind to gold demand as a common safe-haven asset. The USD tends to weaken when the Fed raises interest rates, which enhances gold’s demand. “Furthermore, what happens in China’s consumer market has had a big impact as it’s the world’s largest consumer market for gold. We expect China to start to emerge from the worst of the pandemic and that will support consumer demand,” the WGC noted last week. “It is difficult to predict how the geopolitical situation will play out. It depends on where inflation goes, but inflation is certainly the biggest driver at the moment, which will probably support institutional investment demand in the next quarter.” Meanwhile, the demand for gold in Vietnam … [Read more...] about Gold appeal sparkles amid rise of inflation

With the new move, Vietnam has a total of 19 basa fish plants that are allowed to export to US The National Agro-Forestry-Fisheries Quality Assurance Department under the Ministry of Agriculture and Rural Development (MARD) noted that the factories must comply with the provisions of Decision No.1802/QD-BNN-QLCL dated 2020 and instructions in Official Letter No.803/QLCL-CL1 dated 2020 to ensure that the entire basa fish production, processing, and export chain fully meets the regulations of both Vietnam and the US. Decision 1802 of the MARD presents a food safety control programme for Siluriformes fish and fish products exported to US market, helping Vietnam’s Siluriformes inspection system meet the requirements of the US. In the first four months of this year, Vietnam’s basa export value surpassed $950 million, up 94 per cent on-year, in which, the two leading markets of China and the US, mirrored a sharp growth. In the first four months of this year, Vietnam’s … [Read more...] about Six more Vietnamese basa fish producers gain entry to US market

Jakarta (VNA) - Indonesia's trade surplus hit a record high in April, surpassing its peak in last October amid soaring global commodity prices that boosted exports. The National Statistics Agency (BPS) announced on May 17 that Indonesia had registered a surplus for the 24th consecutive month in April, which had more than tripled to 7.56 billion USD year on year and increased 66 percent month on month. Economists forecast that Indonesia will benefit from rising in global commodity prices due to the impacts of the Russia-Ukraine conflict as revenues from the exports of crude palm oil (CPO), coal, and metal ores are higher than the increase in imports. According to BPS, Indonesia ’s exports reached 27.32 billion USD in April, up 47.76 percent year on year. The mining industry had the strongest export growth, almost doubling year on year to 6.41 billion USD.  Meanwhile imports rose 21 percent to 19 billion USD. China remained Indonesia's top export destination, … [Read more...] about Indonesia enjoys largest trade surplus in history in April

New technology unicorns According to the Vietnam Innovation and Tech Investment Report 2021, venture investment totaled US$1.4 billion, four times that of 2020 and 60 percent more than the 2019 record of US$874 million. E-commerce and payment led the list with US$469 million and US$450 million respectively. The total number of transactions also increased significantly to reach 165 deals, up 57 percent compared to 2020. Last year also marked the appearance of two new technology unicorns - Momo (valued at nearly US$2 billion) and Sky Mavis (nearly US$3 billion), bringing the total number of unicorns in Vietnam to four. “This success affirms Vietnam's position as an emerging technology hub of the region,” stressed the report issued by the venture capital firm (Do Ventures Vietnam) and the Vietnam National Innovation Center (NIC). MoMo was one of two new technology unicorns in 2021 The total number of investment funds participating in Vietnam in 2021 grew 60 percent, … [Read more...] about Venture capital into innovative start-ups surges despite pandemic

Chairman of the National Assembly Vuong Dinh Hue (R) and Michael Arthur, Senior Vice President of Boeing and President of Boeing International(Photo: VNA) Hanoi – Chairman of the National Assembly (NA) Vuong Dinh Hue received Michael Arthur, Senior Vice President of Boeing and President of Boeing International, in Hanoi on May 19. Lauding the aviation group’s activities in Vietnam and sharing its COVID-19-induced difficulties, Hue expressed his belief in Boeing’s post-pandemic recovery, particularly in Southeast Asia and Vietnam. Vietnam always aims to create the best conditions possible for foreign investors, he stated, telling his guest about the country’s implementation of a monetary and fiscal support package that will last until 2023 and other incentives for enterprises. Hue welcomed a cooperation pact signed between Boeing and the Vietnamese low budget carrier Vietjet Air on restructuring and further implementation of a commercial contract to buy 200 Boeing 737 … [Read more...] about Top legislator hosts Boeing vice president