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The owner of a construction company said: "The rising costs have caused severe impacts on my company. We have put two projects on hold and are waiting for prices to go down." Huynh’s company in the neighboring province of Binh Duong is likely to report losses on the construction of a road project it began earlier this year. It cannot back away from the project as the work is 75 percent completed. "We use a lot of diesel each day, and so the rising fuel costs have eaten away all of our profits," Huynh said. The rising costs of raw materials amid surging global inflation is posing problems for construction companies who struggle to renegotiate their contracts as losses loom. Cement prices in Vietnam have gone up three times this year by around 28 percent to VND1.2 million ($51.62) a ton. In the latest increase, 15 major cement producers all hiked prices by up to VND80,000 per ton. Steel prices have been falling due to declining demand in China, but others such as sand, … [Read more...] about Construction contractors hit hard by surging costs

BAEMIN in the Republic of Korea is the first-ever delivery app to receive an AAA rating (the highest rating) following the United Nations Guidelines for Reducing Plastic Waste & Sustainable Ocean and Climate Action Acceleration (UN GRP). BAEMIN has been successful in implementing a number of green projects to influence the stakeholders and help them change their behaviours since the very early days One of the highlight examples includes the in-app options “No disposable cutlery, please” and “No side dish, please” for users that aim to reduce food and plastic waste whilst saving costs for the merchants. BAEMIN has also installed collection robots in Asan city to collect plastic container lids and used AI technology to determine if they can be recycled and transformed to some higher value materials. Another highlight project is the close partnership with merchants to amplify outstanding case studies and the organisation of courses on eco-friendly practices. Public-private … [Read more...] about BAEMIN extends sustainable green journey in Vietnam

At the conference Speaking at a seminar to discuss solutions to boost Vietnam's fish sauce exports this afternoon in Hanoi, the Vietnam Association of Fish Sauce in collaboration with the Vietnam Cuisine Culture Association (VCCA) and Agrotrade under the Ministry of Agriculture and Rural Development held a seminar on ‘Promoting export exporting fish sauce - orientation and solutions’. According to the Vietnam Association of Fish Sauce, exporting fish sauce is the goal of manufacturers and traders in this industry globally. Vietnam is a country favored by nature and has a long experience in fish sauce production. According to the Agrotrade, the country currently has more than 4,200 fish sauce production facilities with an average output of nearly 380 million liters in 2020. In recent years, not only serving domestic consumption needs, Vietnam's fish sauce products are also promoting the application of science and technology and strict standards for ensuring safety and hygiene … [Read more...] about Vietnam oriented toward fish sauce export

Prime Minister Pham Minh Chinh speaks at the meeting in Hanoi on June 23. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh demanded the shortages of drugs and medical supplies and the resignation among health workers be promptly settled while chairing a meeting of the Government’s permanent members in Hanoi on June 23. Explaining the drug and medical supply shortages in some localities and central-level hospitals, the Ministry of Health (MoH) pointed to the COVID-19 pandemic, whose serious impacts in 2020 and 2021 led to the scarcity of materials for production and surged prices and subsequently made it more difficult to purchase medicine and medical supplies . Notably, it noted, some localities and establishments are afraid that they may commit wrongdoings or undergo examination and inspection, so they didn’t dare to buy supplies. In addition, resignation among health workers in the public sector has increased, the MoH said, blaming that on low salaries … [Read more...] about PM requests prompt settlement of medical supply shortages, health workers’ resignation

Van, 42, is currently a lecturer at the Ho Chi Minh City University of Natural Resources and Environment. She received the award on Wednesday in Paris for her research in hydrogen fuel cell technology, which is considered an important area of focus for the future of clean energy. Around the world, there are 15 scientists honored as "International Rising Talents 2022". In the Asia-Pacific region, two other scientists from South Korea and Thailand earned titles. Ho Thi Thanh Van (R) receives the "International Rising Talents 2022" award at the L'Oréal-UNESCO for Women in Science Awards in Paris on June 22, 2022. Photo by the organizer Each year, the International Rising Talents Program selects the 15 most promising women scientists among the 275 national and regional fellows of the L’Oréal-UNESCO for Women in Science Awards. Van's research optimizes the operation of fuel cells to improve performance and enable the production of sustainable hydrogen energy, avoiding … [Read more...] about UNESCO honors Vietnamese scientist as ‘rising talent’ in clean energy research

Prime Minister Phạm Minh Chính chaired a meeting on drugs supplies and human resoures for the healthcare sector on Thursday in Hà Nội. — VNA/VNS Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính demanded that shortages of drugs and medical supplies and resignations among health workers be promptly settled while chairing a meeting of the Government’s permanent members in Hà Nội on Thursday afternoon. Explaining the drug and medical supply shortages in some localities and at central-level hospitals, the Ministry of Health (MoH) pointed to the COVID-19 pandemic, whose serious impacts in 2020 and 2021 led to the scarcity of materials for production and surging prices and subsequently made it more difficult to purchase medicine and medical supplies. Notably, some localities and establishments were afraid that they may commit wrongdoings or undergo examination and inspection, so they didn’t dare buy supplies. In addition, resignations among health workers in the public … [Read more...] about PM requests prompt settlement of medical supply shortages, health worker resignations

With her research in developing new materials to the production of green hydrogen, Dr. Van has become one of the 15 young women scientists representing the five continents in the world to receive the award. Since 2000, the L’Oréal-UNESCO For Women in Science programme has highlighted the achievements of younger women who are in the early stages of their scientific careers. Each year, the International rising talents programme selects the 15 most promising women scientists among the more than 250 national and regional young talents of the L’Oréal-UNESCO For Women in Science programme. Since 2015, three Vietnamese scientists have been honoured with the L’Oréal-UNESCO International Rising Talent./. VNA … [Read more...] about Scientist honoured with L’Oréal-UNESCO Int’l Rising Talent Award

Hanoi, (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. In their messages, the Vietnamese leaders noted with satisfaction that despite numerous challenges, ups and downs in history, the Vietnamese and Cambodian peoples have always stood side by side and supported each other in the struggles for national liberation in the past as well as in each country’s national development at present, which is a priceless asset that the two countries’ leaders and peoples need to continue nurturing. Read full story Read full story Explaining the drug and medical supply shortages in some localities and central-level hospitals, the Ministry of Health (MoH) pointed to the COVID-19 pandemic, whose serious impacts in 2020 and 2021 led to the scarcity of materials for production and surged prices and subsequently made it more difficult to purchase medicine and medical supplies. Read full story Read full story Spokeswoman of the Ministry of Foreign … [Read more...] about ☀️ Morning digest on June 24

The program inspires and provides practical instructions and tools for developing business roadmap for circular transition. More than 100 businesses from the Northern, Central, and Southern regions of Vietnam have benefited circular economic capacity building program provided by the United Nations Development Programme (UNDP) in Vietnam and the Netherlands Embassy in Hanoi. Participants share business capacity building models. Photos: UNDP Vietnam The businesses representing various industries, including agriculture, plastics, environment and waste management, building materials, cuisines, and fashion join the program which is aimed to inspire and provide practical instructions and tools for building, applying the recommended circular business models and developing enterprises’ roadmap for the circular transition. The “Circular Economy Capacity Building Program for Enterprises in Vietnam” (#CECapacityBuilding) also provides information on circular economy … [Read more...] about UNDP, Netherlands boost circular economy capacity building for Vietnam businesses

Strong recovery According to data from the Hanoi Statistics Office, the index of industrial production (IIP) in the first five months of 2022 grew an estimated 6.4 percent over the same period last year. Realized investment capital from the state budget managed by localities during the reviewed period was estimated at VND15.5 trillion, up 2.3 percent over the same period last year and reaching 30.5 percent of the year plan. Hanoi’s industrial production increased in the first five months of 2022 In the first five months, the city attracted US$703 million from foreign-invested enterprises, up 35.4 percent year on year. Of these, the city granted certificates to 129 newly registered projects with capital of US$96 million; 69 other projects added investment capital of US$216 million; while 146 foreign investors contributed capital and bought shares worth US$391 million. Export turnover of commodities during this period was estimated at US$6.908 billion, up 18.8 … [Read more...] about Hanoi strives to speed up investment disbursement to fuel recovery