Participants at the online meeting of the Group of Friends on the 1982 UN Convention on the Law of the Sea (UNCLOS) on July 21. — VNA/VNS Photo NEW YORK — The Permanent Mission of Việt Nam to the United Nations (UN) chaired an online meeting of the Group of Friends on the 1982 UN Convention on the Law of the Sea (UNCLOS) on July 21. The event's theme highlights the importance of the UNCLOS in the fulfillment of UN Sustainable Development Goal No.14 (SDG 14) on conservation and sustainable use of seas and oceans. Professor of international law Malcolm Evans was invited as a keynote speaker at the event. Evans said the UNCLOS, or 'Charter of the Oceans', is a framework covering all activities at sea and in the oceans, ensuring the balance between the demand for exploiting resources from seas and rights to freedom at sea, and sea management for common benefits. A dispute settlement mechanism under UNCLOS helps peacefully address disputes among nations, promote understanding …
Cambodia pilots sustainable eco-tourism development project in seven provinces
Illustrative image (Photo: Khmer Times) PhnomPenh (VNA) - The Cambodia n government has set up an inter-ministerial working group to pick seven provinces for a landscape sustainability project to promote eco-tourism development in the country. Both Ministry of Environment and the Ministry of Rural Development joined the inter-ministerial working group, helping to improve infrastructure and sustainable development in seven provinces, namely Kampong Speu, Koh Kong, Kampong Chhnang, Pursat, Battambang, Siem Reap and Kampong Thom. Areas to be included in the plan include the Oral Mountain Wildlife Sanctuary, the Central and Southern Cardamom Mountain National Park, Tatai Wildlife, the Cardamom Mountain Biodiversity Conservation Corridor and the Tonle Sap Lake Multi-Purpose Area. The project will include the installation of border posts, the construction of park ranger stations and the opening of three information centres. The aim of the project is to improve the …
Vietnam chairs meeting on UNCLOS’s role in sustainable sea, ocean preservation
The event's theme highlights the importance of the UNCLOS in the fulfillment of UN Sustainable Development Goal No.14 (SDG 14) on conservation and sustainable use of seas and oceans”. Professor of international law Malcolm Evans was invited as a keynote speaker at the event. Evans said the UNCLOS, or “Charter of the Oceans,” is a framework covering all activities at seas and oceans, ensuring the balance between the demand for exploiting resources from seas and rights to freedom at sea, and sea management for common benefits. A dispute settlement mechanism under the UNCLOS helps peacefully address disputes among nations, promote understanding about the UNCLOS, he said, adding that the UNCLOS could be regularly updated to meet current and future challenges in sea and ocean field such as marine security and safety, marine environment pollution, seabed resources exploitation and biodiversity. About the SDG 14 implementation, he proposed expanding goals to meet new requirements for …
Hundreds of cities back U.N. fight against global woes
NEW YORK -- Some 332 local governments worldwide have backed a New York City-led campaign to address global goals tackling poverty, inequality, injustice and climate change and pledged to report their progress to the United Nations. The governments signed on to a voluntary declaration drafted by New York City, up from some 22 cities when the movement launched in September 2019, the city's International Affairs Commissioner Penny Abeywardena told Reuters . "It's an exercise in transparency," Abeywardena said. "How do we accelerate impact by replicating ideas has always been the purpose of this." She said some had been driven to step up because their national governments had not, but also because they saw the global goals as a way to frame their recovery from the COVID-19 pandemic. The signatories commit to advancing 17 Sustainable Development Goals (SDG), created by the United Nations in 2015 as a wide-ranging "to-do" list tackling such issues as conflict, hunger, land …
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Egypt sees more co-operation opportunities with Việt Nam
On the 69th Anniversary of Egypt’s National Day (23rd July Revolution 1952) Egyptian Ambassador to Việt Nam Mahmoud Hassan Nayel writes to Việt Nam News On July 23rd, Egypt commemorates the Revolution of 1952, celebrating its 69th anniversary this year. The revolution, which became the key event that shaped modern political history in Egypt, significantly influenced other countries in different parts of the world. Notably those who were struggling to achieve their independence and take a stand against colonialist and imperialist domination. The first Egyptian republic was established to soon assume a leading role among developing nations. This manifested into Egypt becoming one of the central founding nations of important international movements and regional organisations, including the Non-Aligned Movement (NAM) and the Organization of African Unity (OAU), today’s African Union (AU). A few years earlier, the revolutionary leader and late President of Vietnam Hồ Chí Minh visited …
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Stock market of Vietnam posts world’s second fastest growth
The State Securities Commission of Vietnam holds a meeting reviewing its performance in the first six months and launching tasks for the rest of the year on July 9 (Photo: VietnamPlus) Hanoi (VNA) - Securities indexes have continually set new records, helping the stock market enjoy the second fastest growth rate in the world. The remark was made by Vice Chairman of the State Securities Commission of Vietnam (SSC) Pham Hong Son at a meeting that reviewed the SSC’s performance in the first six months and launched tasks for the rest of the year on July 9. Securities companies record profit growth of 92 percent Son said as the COVID-19 pandemic has continued taking its toll on every socio-economic aspect in the world, including Vietnam, the stock market experienced strong fluctuations and numerous difficulties and challenges during the first half of 2021. Despite that fact, the SSC still managed to basically fulfil the set targets, he noted. The commission helped …
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Elevated Australia-Vietnam friendship
What has been achieved during your visit to Vietnam, and how can the economic relations between the two countries be strengthened? Australia’s Minister for Trade, Tourism, and Investment Dan Tehan This is my first time in Vietnam and I have received a wonderful, warm welcome from everyone I’ve met, from President Nguyen Xuan Phuc and Deputy Prime Minister Pham Binh Minh, to Minister of Planning and Investment Nguyen Chi Dung, and Minister of Industry and Trade Nguyen Hong Dien, to name a few. Everything that I’ve seen and heard is a real focus on ensuring that the pandemic does not adversely impact people’s health while maintaining positive economic growth. It is very much similar to the approach that we have taken in our country. One of the first things to say is that both Vietnam and Australia have dealt with COVID-19 better than most countries in the world. When you look at the economic performance of both countries in dealing with the pandemic, the two …
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Prime Minister welcomes U.K. Secretary of State for Defense
The two sides should work to effectively realize cooperation agreements in national defense, contributing to the Vietnam - U.K. strategic partnership in conformity with each side's interests, and contributing to peace and stability in the region and the world, PM Chinh told U.K. Secretary of State for Defense Robert Ben Lobban Wallace in Hanoi on July 22. Speaking highly of the first visit to Vietnam by Wallace, PM Chinh said the trip vividly demonstrates both sides’ goodwill to promote the friendship and mutually-beneficial cooperation between the two defense ministries, militaries and people of the two countries, helping to deepen the bilateral strategic partnership. He lauded strong development steps of the Vietnam - U.K. relations in such spheres as politics, economy, national defense and security, and sustainable development. The PM called on the U.K. to effectively implement the U.K. - Vietnam Free Trade Agreement (UKVFTA), encourage its firms to invest in Vietnam and …
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VIETNAM BUSINESS NEWS JULY 22
Animal feed exports see surge in H1 Luc Ngan lychee of Bac Giang province is protected geographical indication in Japan. Vietnamese firms are urged to pay more attention to register for intellectual property protection in foreign markets. (Photo baochinhphu.vn) Vietnam’s animal feed exports hit nearly 523.88 million USD in the first six months of 2021, up 52.7 percent year-on-year, according to the General Department of Customs. China remains the biggest importer of Vietnam’s animal feed, with turnover reaching 188.3 million USD in the reviewed period. In June alone, China spent 36.62 million USD on importing animal feed from Vietnam, up 47.3 percent from the same period last year. Vietnamese exports of animal feed to Cambodia in January-June rose 41.7 percent to 74.81 million USD, maintaining Vietnam’s second largest importer. Meanwhile, the US surpassed India to become Vietnam’s third biggest importer of livestock feed with turnover hitting 56.42 million …
Vietnam kicks off US$400 million hydropower project
The plant will become one of two largest hydropower plants in Southeast Asia once put into operation by 2024. Vietnam Electricity (EVN) has begun construction of a VND9.22 trillion (US$400 million)-hydropower extension plant that is located on Da River or Black River. Overview of Hoa Binh Hydropower Extension Plant. Source: EVN The investment for Hoa Binh Hydropower Extension Plant includes 30% of the investor and 70% from Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Agence Française de Développement (AFD). A consortium of domestic contractors namely the Ministry of National Defence’s Truong Son Construction Corporation, Construction Joint Stock Company 47, and Lilama 10 Joint Stock Company will build the extension plant capacity 480 megawatts (MW). Once put into operation in 2024, the extension will raise Hoa Binh Hydropower Plant to 2,400 MW, equal to Son La Hydropower Plant, the largest hydropower project in Southeast …
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