Shared zone speed limit

Hanoi is committed to working closely and effectively with Ho Chi Minh City and the Central Key Economic Zone in tourism. The link between Hanoi, Ho Chi Minh City, and the Central Key Economic Zone [comprising five localities of Thua Thien - Hue, Danang, Quang Nam, Quang Ngai, and Binh Dinh] is very important in the tourism development of those localities and the whole country. Nguyen Hong Minh, Deputy Director of the Hanoi Department of Tourism, emphasized the need for closer connection at the preliminary conference on tourism development linkage between Hanoi, Ho Chi Minh City, and the five localities for 2021-2025 on August 8 in Quang Ngai Province. tourism in Hanoi and six cities and provinces have had positive results in the past time. Photo: Sun Group After two years of implementation, despite difficulties due to the Covid-19 pandemic, the city along with other provinces and cities has actively exchanged information, built new orientations in local … [Read more...] about Hanoi strengthens tourism cooperation with Central Key Economic Zone

Ly Son Island, a popular destination of Quang Ngai. Illustration. (Photo: tuoitre.vn) Quang Ngai (VNA) – Revenue from travel among Hanoi , Ho Chi Minh City and the five Central Key Economic Zone city and provinces exceeded 63.07 trillion VND (over 2.69 billion USD), heard at a conference on August 8. The conference was held in the district of Tu Nghia, the south-central province of Quang Ngai, to review the two-year cooperation for tourism development among the two metropolises and the central localities of Thua Thien-Hue, Da Nang, Quang Nam, Quang Ngai, and Binh Dinh. The review was expected to lay ground for the continued implementation of initiatives to boost intra-bloc partnership in tourism development post-pandemic. Reports showed that intra-bloc tourist arrivals totalled more than 17,68 million last year, given that the sector was badly hit by COVID-19. Vice Chairman of the Quang Ngai provincial People’s Committee Tran Hoang Tuan addresses the … [Read more...] about Hanoi, HCM City boost tourism linkages with Central Key Economic Zone

Digitalization is seen as a major instrument for Vietnam to promote an independent and self-reliant economy. Businesses and people should be the main beneficiaries and the driving force for the national digital transformation, so the Government encourages them to take an active part in this process. Prime Minister Pham Minh Chinh at the meeting. Source: VGP Prime Minister Pham Minh Chinh stressed the goal during a meeting of the National Committee on Digitalization today [August 8]. According to Chinh, efforts from Government agencies and localities have been translated into strong progress in Vietnam’s digitalization and contributed to the socio-economic recovery. The prime minister, however, pointed to the incompleted legal environment as the reason hampering the digitalization process, while a lack of investment in digital infrastructure, including the mobile and fixed broadband internet speeds behind the world average, means it has failed to create … [Read more...] about People and businesses urged to take part in the digitalization: PM

In long term, transforming the higher education system will be key to boosting Vietnam’s productivity and helping achieve its goal of becoming a high-income country by 2045. Vietnam’s GDP growth is forecast to surge from an estimated 2.6% in 2021 to 7.5% in 2022, with backing from resilient manufacturing and a robust rebound in services. Overview of the event. Photo: Nguyen Tung Country Director for the World Bank in Vietnam Carolyn Turk revealed the figures at the launch of its bi-annual economic outlook for Vietnam titled “Taking Stock: Educate to Grow” today [August 8]. According to Turk, the global economy has been experiencing a series of very large and negative shocks, including ongoing Covid-19-related disruptions and supply shocks associated with the Russia-Ukraine conflict. In this context, Vietnam’s economy has shown “relative resilience and staged a strong rebound after last year’s Covid-19 induced slowdown,” Turk said. Vietnam’s economic … [Read more...] about Vietnam’s GDP growth set to expand by 7.5% in 2022: World Bank

According to the municipal People’s Committee, the disbursement of public capital of a number of projects has lagged behind schedule, with some stagnant projects in the 2016-2020 period cancelled. Meanwhile, the demand for middle-term public investment remains huge. In March, the committee asked local departments, districts and investors to make updates and adjustments to the city's plan. Along with requesting local authorities to apply measures to speed up the progress of projects from all stages, municipal authorities have asked for the allocation of enough capital for underway projects, the adjustments of stagnant projects and the careful consideration of new projects to match the city’s capacity in resource balancing. In order to effectively implement the plan, the city asked local sectors, departments and localities to work closely together to deal with difficulties in the disbursement of public investment capital, while speeding up the progress of new projects. The … [Read more...] about Hanoi adopts five-year public investment plan

It has also become the fifth largest economic community in the world, a reliable and important partner of countries, and played a central role in dialogues, important cooperation and connectivity in the region. In an article in celebration of ASEAN’s 55th birth anniversary (August 8, 1967 - 2022), Vietnamese Foreign Minister Bui Thanh Son recalled that the birth of ASEAN on August 8, 1967 was the start of the process of an intensive connectivity for peace, stability, and development in Southeast Asia and the region. Building an ASEAN Community with common vision and identities The grouping gathered countries divided by war. Its inception reflected the common aspirations of many countries in the region for peace, stability, friendship, and win-win cooperation. According to FM Son, Vietnam’s admission to ASEAN in 1995 paved the way for the building of an ASEAN common house connecting 10 Southeast Asian countries. In 1997, ASEAN, for the first time, approved the ASEAN Vision … [Read more...] about 55 years of ASEAN – One vision, One identity, One community

The transaction worth about VND87 billion ($3.78 million) was done on August 2 by NutiFood Binh Duong Nutrition Food JSC. After the transaction, NutiFood increased its ownership ratio in Quang Ngai Sugar to 19 million shares, equaling a 5.33 per cent stake. NutiFood is the fourth-largest shareholder in Quang Ngai Sugar, following Thanh Phat Trading Co., Ltd, general director Vo Thanh Dang, and investment fund VinaCapital. This ownership ratio is still quite low, however, since the end of last year, there have been many speculations on the stock market that NutiFood is trying to increase its influence in Quang Ngai Sugar . Quang Ngai Sugar could be an ideal piece for NutiFood to increase market share in the food and beverage sector. Notably, at the end of last year, Phuoc An Coffee JSC – a member of NutiFood deputed an expert of RongViet Securities Corporation to hold 29.35 million shares, equaling an 8.2 per cent stake in Quang Ngai Sugar. Meanwhile, … [Read more...] about NutiFood becomes major shareholder in Vinasoy’s owner

At the conference (Photo: VNA) Hanoi (VNA) – The second “Vietnam Conference on Earth and Environmental Sciences” ( VCEES-2022 ) officially opened on August 8 at the International Centre for Interdisciplinary Science and Education ( ICISE ) in Quy Nhon city in the south-central coastal province of Binh Dinh. The Ministry of Science and Technology, ‘Rencontres du Vietnam’ Scientific Association, Vingroup Innovation Foundation (VinIF) and Hanoi University of Science & Technology have supported the organisation of the four-day event. This year’s conference sees the participation of 20 delegates from foreign countries such as France, Japan, Thailand, the Philippines, Indonesia and Malaysia. The participating scientists and students will look into nearly 100 reports on environment pollution, water treatment, hydro-meteorology and oceanography, aquatic science, remote sensing, plastic pollution, waste management, applied environment, along with regional climate … [Read more...] about Vietnam Conference on Earth and Environmental Sciences held in Binh Dinh

Viettel Telecom launches tracking device vTag to help customers locate and monitor children, valuable objects and personal items. (Photo courtesy of Viettel) HCM City (VNS/VNA) - Viettel Telecom has officially launched a tracking device called vTag, which Viettel hopes can compete with Apple's AirTag. The device has features such as real-time positioning , travel history, SOS alert, a warning when leaving preset zones (Geo-fencing), and is water/dust resistance as per IP67 standard. vTag is a tracking device that uses the technologies of NB-IoT and GSM to locate and monitor children, valuable objects and personal items. Nguyen Trong Tinh, Deputy General Director of Viettel Telecom , said that vTag uses GPS satellite technology and mobile signals to help track objects. The device is compact and designed in a hook-and-loop case which can be worn around the neck, attached to objects or combined with a case or a silicone strap to wear on the wrist. Designed to … [Read more...] about Viettel Telecom introduces tracking device vTag

Foreign Minister Bui Thanh Son addresses the ceremony (Photo: VNA) Hanoi (VNA) – Foreign Minister Bui Thanh Son made a speech at the ASEAN flag-hoisting ceremony in Hanoi on August 8 on the occasion of the 55th anniversary of the regional grouping. Following is the full text of his speech. Excellencies, Ladies and gentlemen, It is my great pleasure to welcome all of you to the ASEAN Flag-Hoisting Ceremony today to mark the 55th founding anniversary of ASEAN. I am also happy to see all of you, healthy and safe after two years of COVID-19 outbreak. The ceremony this morning brings me back to the solemn moment as the ASEAN Flag was hoisted high amidst the stirring ASEAN Anthem at the very successful 55th ASEAN Foreign Ministers’ Meeting in Phnom Penh last week. Standing before the ASEAN Flag, we are truly proud of what we all have achieved in pursuing the aspirations of nearly 700 million Southeast Asian people for an ASEAN Community of peace, solidarity, resilience and … [Read more...] about FM Bui Thanh Son’s remarks at ASEAN flag-hoisting ceremony