Over the past time, despite the complicated developments of the COVID-19 pandemic, the MR4 Command has directed its affiliated units to closely work with Lao military units and localities to ensure security in border areas and manage COVID-19 pandemic, while helping the Lao side to build the political system, contributing to ensuring political security and social order. For their part, Lao units and localities also coordinated with MR4’s units to grasp situations and maintain stability in border areas, while supporting the Vietnamese military units to search, collect and repatriate Vietnamese volunteer soldiers and experts who laid down their lives in Laos during wartime. During the discussion, both sides mapped out solutions to raise cooperation quality, promote delegation exchanges while well managing handed-over constructions which symbolize the bilateral special solidarity and friendship. On this occasion, the two sides inked the cooperation agreement for 2022 and presented … [Read more...] about MR4 and Lao People’s Army promote cooperation
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Prime Minister Pham Minh Chinh concludes U.S. trip
The trip has contributed to promoting the relations between the Association of Southeast Asian Nations (ASEAN) and the U.S., and between Vietnam and the U.N. and the U.S., while affirming Vietnam’s role and prestige in the international arena. During his week-long stay in the U.S., the PM visited the four cities of Washington D.C, Boston, New York, and San Francisco, with more than 50 activities. He attended and delivered speeches at the summit, and met with ASEAN leaders, including his counterparts from Laos, Cambodia and Singapore, and the Indonesian President. Chinh also had meetings with U.N. Deputy Secretary-General Amina J. Mohammed, UNICEF Executive Director Catherine Russel, President of the U.N. General Assembly Abdulla Shahid and Administrator of the U.N. Development Program (UNDP) Achim Steiner. He met President Joe Biden, and received senior officials of the U.S. government such as Secretary of State Antony Blinken, Secretary of Commerce Gina Raimondo, Secretary of … [Read more...] about Prime Minister Pham Minh Chinh concludes U.S. trip
Vietnam, U.S. enhance cooperation in searching and collecting martyrs’ remains
The event was attended by former Deputy Chief of the General Department of Political Affairs (GDP) Lieutenant General Le Van Han, Chairman of the association Lieutenant General Hoang Khanh Hung, leaders of the association, representative of the U.S. Embassy in Vietnam, Harvard University, the American Institute of Peace. During the event, the association provided U.S. delegates with information about the search and collection of martyrs’ remains. Accordingly, the association has collected and publicized information of 115,000 martyrs on mass media; helped more than 20,000 martyrs’ families search for the remains of their relatives with more than 200 remains founded; provided free consultation for more than 1,000 DNA assessment cases; and coordinated with localities to move nearly 1,000 remains of martyrs in cemeteries back to their hometowns. Meanwhile, the organization has also helped build 795 gratitude houses and presented nearly 2,400 saving books and 600 scholarships to … [Read more...] about Vietnam, U.S. enhance cooperation in searching and collecting martyrs’ remains
Gold appeal sparkles amid rise of inflation
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
Developers clamour for legal clarity
Developers clamour for legal clarity, Illustrative image (Photo: VNA) Nguyen Manh Ha, vice chairman of the Vietnam Real Estate Association, said that tourism real estate needs to break down barriers to development as soon as possible, in order to move alongside the general economic recovery. “Currently, mechanisms and policies for resort real estate are unclear, especially in terms of new types of real estate such as condotels, officetels, and second-home villas in resorts,” Ha said. The legal framework has not kept pace with the reality of hospitality and resort real estate development, thus partly hindering the growth momentum of these types of property, Ha added. They are not given a right use certificate, known as a red book in Vietnam, because they are built on land plots permitted for developing tourism property only, and not for residential projects. Doan Van Binh, chairman of CEO Group, said that supply is scarce not only in Vietnam but worldwide due to the impact of … [Read more...] about Developers clamour for legal clarity
Equinor reaffirms entry in Vietnam’s offshore wind
Jens Olaf Økland, Equinor’s senior vice president Why did Equinor choose now to open an office in Hanoi? We believe it is very timely to open an office now. Vietnam is one of the world’s fastest-growing economies and power markets. With its long coastline and favourable wind conditions, the country has among the best wind resources in Asia and a strong desire to develop an offshore wind market. The country is on a path to becoming net-zero and offshore wind can enable this transition. We believe Vietnam has a high potential to become an interesting growth market for offshore wind and have therefore opened a representative office in Hanoi. Vietnam has set ambitious targets for offshore wind both for 2030 and 2045 which would result in Vietnam being one of the top offshore wind markets globally. The end of the decade is not that far away and a lot of things still need to come into place, both on the regulatory side and for the industry, but this is also natural in the … [Read more...] about Equinor reaffirms entry in Vietnam’s offshore wind
Six more Vietnamese basa fish producers gain entry to US market
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
Transport authorities request oversight of commercial cars at Saigon airport following overcharging accusation
Ho Chi Minh City transport authorities have requested that measures be taken to prevent commercial passenger transport companies from overcharging their passengers at Tan Son Nhat International Airport. In a dispatch sent to the airport authority and agencies concerned on Wednesday, the municipal Department of Transport asked that steps be taken to prevent passengers from being fleeced, including regular inspections of such vehicles. Strict punishments must be given to any firms which claim higher transport charges than their quoted rates, the department said. The move was made after passenger Dr. Le Dang Doanh, former head of the Central Institute for Economic Management, was asked by a commercial car driver to pay nearly VND200,000 (US$8.65) for his three-kilometer trip from the airport to a hotel. Dr. Doanh said he took a passenger car operated by the Southern Airport Transportation Joint Stock Company (SATSCO) for his trip after his flight touched down at the airport last … [Read more...] about Transport authorities request oversight of commercial cars at Saigon airport following overcharging accusation