Publicly traded engineering firms

Travel businesses and  banks sign loan contracts with a preferential interest rate. The event attracted 18 banks and more than 100 tourist companies that discussed about policies for supporting businesses affected by Covid-19. It was a chance for banks to join hands with the municipal government to implement recovery solutions to resume economic, tourism, and service activities under guidance on "Safe adaptation, flexibility, and effective control of the Covid-19 pandemic”. Deputy Director of the HCMC Department of Tourism Bui Thi Ngoc Hieu said that after five months of the reopening of tourism in the new normal state, the country’s tourism has gained important achievements. However, the sector is still facing difficulties in approaching loan capital, especially travel firms. The Tourism Department of HCMC has proposed commercial banks consider flexible and diversified loaning mechanisms, unsecured loans based on tourism businesses’ efficient operations; cooperation for … [Read more...] about Pandemic-hit travel firms enjoy loans with preferential interest rates

Sport shoes are made for export a factory in Ha Noi. The city will help local businesses join sector linkages, create value chains and supply chains with the participation of UK businesses to take advantage of the UKVFTA. — VNA/VNS Photo Vu Sinh The capital city will seek to improve competitiveness for local businesses so that they may take advantage of opportunities brought by the UK-Viet Nam Free Trade Agreement (UKVFTA), according to a recently announced plan of the municipal People's Committee. Under the plan, priority will be given to facilitating the development of small and medium-sized enterprises through capital, training, access to markets and information and technology. The city will also help local businesses link with each other, create value chains and supply chains with the participation of UK businesses to take advantage of the UKVFTA while encouraging the UK-invested businesses to team up with local firms to build and develop these supply chains. Furthermore, … [Read more...] about Ha Noi seeks to facilitate UKVFTA implementation

Someone has been calling Huy repeatedly over the past month, saying he owed money with high interest that will balloon to tens of millions of dong (VND10 million= $427.26) if it is not paid back quickly. When he denied ever using the service, the caller brought out a screenshot of an apparent contract with accurate personal information like ID card numbers, phone numbers and email addresses, even relevant information on Huy’s family members. "This is information I’ve shared with multiple services online when I signed up for various accounts, but I have never submitted them to any credit service," Huy said. He suspects that his information might have been stored by some companies and then stolen by someone else, who used them for credit services. Do Huong of Vinh Phuc province said she has onlybeen acquainted with the Internet and smartphones over the past five years. She rarely uses online services that require personal info, but does sign up for discount programs. "Whenever a … [Read more...] about Vietnam has major data leak problem, citizens suffer

Earlier this year, renowned Vietnamese animation studio Sconnect was the target of a lawsuit by US-based Entertainment One (EO), in which Sconnect’s Wolfoo franchise was sued for allegedly breaching EO’s Peppa Pig character set. Prior to the lawsuit, Wolfoo, a popular multi-language YouTube series based on a family of wolves, gained Sconnect international recognition along with a burgeoning merchandise business. Copyright cases rise in face of integration, illustration photo/ freepik.com The Court of Moscow in Russia on August 3 officially terminated the civil proceedings of the lawsuit, affirming that no breach of intellectual property rights has been linked to Sconnect’s Wolfoo character set against EO’s Peppa Pig character. However, the quickly-resolved lawsuit has nevertheless caused negative impacts on Sconnect’s reputation and business activities in the content creation industry. Talking with VIR, Sconnect’s head of Legal Pham Van Anh shared that the company had … [Read more...] about Copyright cases rise in face of integration

All rated Vietnamese scientists are working at universities, including Vietnam National University and Ton Duc Thang University. A group of 11 Vietnamese scientists was rated by Research.com, the number one research portal for scientists, in six fields namely Engineering and Technology, Computer Science, Environmental Science, Materials Science, Mechanical and Aerospace Engineering, and Medicine. The ranking is based on D-index (Discipline H-index) which includes papers and citation values for an examined discipline in contrast to General H-index accounting for publications across all disciplines. The ranking covers 24 fields of research contributed by more than 166,000 selected scientists worldwide. Nine Vietnamese scientists named for their influential research: From left above: Nguyen Van Tuan, Nguyen Thoi Trung, Tu Binh Minh, Nguyen Dinh Duc, Nguyen Van Hieu, Le Hoang Son, Pham Hung Viet, Nguyen Xuan Hung, and Thai Hoang Chien. Rated … [Read more...] about 11 Vietnamese scientists named for world research

An intelligent operation center (IOC) of Binh Phuoc province. IOC is an important solution to promote the development of e-Government in the national digital transformation process. Vietnam expects to receive support from the UK in the country's digital transformation. (Photo courtesy of VNPT) Hanoi (VNS/VNA) - The UK – Vietnam Free Trade Agreement (UKVFTA) is opening significant opportunities for enterprises from both sides to enhance cooperation in green energy transition and digital transformation as the Southeast Asian country strives to achieve net zero emissions by 2050 and embrace new drivers for economic growth. Vietnam was making strong efforts towards the goal of becoming a high-income country by 2045, to which digital transformation and energy transition are considered launch pads for the economy. During a visit to the UK from August 10 to 15, Politburo member and Head of the Party Central Committee’s Economic Commission Tran Tuan Anh said that Vietnam had set … [Read more...] about UKVFTA promotes cooperation in digital transformation, energy transition

A corner of Hanoi (Photo: VNA) Hanoi (VNA) – The capital city of Hanoi ranked third among cities and provinces nationwide in foreign direct investment (FDI) in the first seven months of this year with 979.7 million USD, affirming its attractiveness to foreign investors. According to local authorities, this is the result of the city’s efforts to ensure an open and smooth investment and business environment and administrative procedures. Vice Director of the municipal Department of Planning and Investment Nguyen Ngoc Tu said that since the beginning of this year, the city has applied various measures to speed up socio-economic recovery and development. As a result, it has seen increases in many economic indicators in the January-July period, including budget collection of 213.16 trillion VND (9.11 billion USD), fulfilling 68.4% of its yearly target, and equivalent to 116% of the figure recorded in the same period last year. At the same time, the city’s export revenue … [Read more...] about Hanoi maintains attractiveness towards foreign investors

While 2020 was one of the warmest years on record globally, Vietnam has just gone through another historical year of climate extremes. Last November was also decisive for the future of the planet as countries officially submitted their climate pledges at the COP26 climate summit. Dao Xuan Lai, head of Climate Change and the Environment at the United Nations Development Programme (UNDP) in Vietnam We see a skyrocketing demand for natural resources while witnessing the collapse of functioning ecosystems. You only need to drive a couple of hours outside of Hanoi towards Ninh Binh province with its iconic limestone clasts, synonymous with the beauty of northern Vietnam, to see these emblematic features being devoured by machinery to be used for stone mining and cement production. By 2050, global demand for materials such as plastics, steel, or cement is projected to increase by a factor of 2-4. More than 50 per cent of the world’s emissions can be traced back to our … [Read more...] about Partnerships key to green transition

A delegation of Danish firms in agriculture and food sector is paying a visit to Hanoi & Ho Chi Minh City from August 16-19 to exchange opportunities for cooperation with their Vietnamese potential partners. The delegation comprises 13 companies who are leading in Solutions for Livestock & Food Production, Food Processing Technologies, Ingredients and Climate Control Solutions. The main purpose of the delegation is to share experiences and introduce world leading and well-proven Danish solutions in agri-food production and to look for opportunities to cooperate with Vietnamese agri-food companies. Speaking at a seminar themed 'Danish experiences and solutions in sustainable agri-food production' held on August 19 in Hanoi, Trade Counsellor of the Embassy of Denmark, Troels Jakobsen, said that Danish agri-food industry for many years had continuously invested in new production equipment and solutions that boost production yield and improve product quality but at the same … [Read more...] about Denmark and Vietnam strengthen co-operation in the agri-food sector

Since Vietnam officially declared the COVID-19 pandemic under control earlier this year, foreign enclaves in Ho Chi Minh City have, once again, begun to bustle, with old stores resuming their operations and new shops opening every day in commercial spaces that sat unoccupied for months on end. Once Vietnam dropped its on-arrival COVID-19 testing requirement for foreign travelers and reopened its international air routes in mid-May, the number of foreigners entering the country began to increase, paving the way for foreign enclaves in Ho Chi Minh City to return to their pre-pandemic life. In Tan Phong Ward, District 7, home to a significant portion of the South Korean community in Ho Chi Minh City, many stores that shut down between late 2020 and early 2022 are once again open for business, and new shops are moving into commercial spaces that have sat empty for months. Kim Yong Min, a South Korean national living in District 7, shared that his eyeglasses stores, which mainly … [Read more...] about Ho Chi Minh City’s foreign enclaves settle into ‘new normal’