Vietnam develops offshore hydrogen production
Hydrogen has been recognised as a clean energy source that is indispensable in the energy structure of many countries to achieve the goal of carbon neutrality by 2050. As of early 2023, more than 40 countries had issued national hydrogen strategies and major financial support policies to form and develop the hydrogen industry. In Vietnam, the Ministry of Industry and Trade is drafting a hydrogen production strategy and deploying gas power and offshore wind power projects according to a Politburo's Resolution on the strategic orientation of Vietnam's national energy development until 2030 with a vision to 2045. Under the draft strategy, Vietnam will promote the development of hydrogen energy production and hydrogen-derived fuels in potential areas to target a hydrogen output of 100,000-500,000 tonnes by 2030 and 10-20 million tonnes by 2050./.
Source:Viet Nam News
March 09, 2024 11:42 UTC
Burgeoning postal market raises concerns over unhealthy competition
HÀ NỘI — The postal service revenue has experienced average growth of over 20 per cent between 2019 and 2023, which has led to fierce competition on the market, raising concerns about the emergence of unhealthy competition. As a result, the postal market witnessed significant value growth, soaring from VNĐ28.3 trillion (US$1.15 billion) in 2019 to nearly VNĐ59 trillion in 2023. Postal enterprises affiliated with e-commerce platforms experienced rapid growth, with many entering the top 10 firms having the largest market share of volume within 2-3 years of operations. Currently, the top 10 postal firms with the largest market shares are also engaged in transporting goods for e-commerce platforms. Additionally, the body will rigorously handle and revoke the licences of firms that repeatedly violate regulations or misuse postal licences.
Source:Viet Nam News
March 09, 2024 11:24 UTC
E-book by Party chief published
The book features a full article with the same title by the Party leader written to mark the 94th anniversary of the Communist Party of Việt Nam (February 3, 1930 - 2024)Since its publication, the article has received widespread attention and enthusiastic response from Party officials, members and people. It has been credited with igniting a deep sense of pride in the glorious historical tradition of the Party, President Hồ Chí Minh, and the heroic Vietnamese nation. It has also reinforced unwavering confidence in the glorious leadership of the Party and in the ongoing efforts toward national renewal and construction, with the ultimate goal of building a prosperous, civilised and happy country. Divided into three parts, the e-book is intended to meet the research needs of officials, Party members and general readers. It is expected to serve as a valuable resource for the Party and mass organisations, agencies, units, and Party committees at all levels in their activities.
Source:Viet Nam News
March 09, 2024 05:26 UTC
Conference promotes business connectivity between Việt Nam, India
HCM CITY — The India – Vietnam Business Conference 2024 was held in HCM City on March 8, creating business cooperation opportunities for enterprises of both sides. The businesses were updated with information on business climate as well as policies to develop economic and trade ties of Vietnam and India. Two-way trade in 2023 was 14.36 billion USD, with Việt Nam’s export rising 6.8% year-on-year to US$8.5 billion and import falling 17.2% to $5.86 billion. In the meantime, India is an important supplier of raw materials and finished products for Việt Nam regarding steel, chemicals, pharmaceuticals, garment and textiles and animal food. India has registered some $1 billion in more than 400 projects in Việt Nam, making it the 26th largest investors among 141 countries and territories with investments in the country.
Source:Viet Nam News
March 09, 2024 01:19 UTC
Cashless payments surge by over 63%
The State Bank of Vietnam said internet banking transactions surged by 57.8% in volume and 32.4% in value. Mobile banking transactions increased by 68% in volume and 41% in value. Notably, QR code payments skyrocketed by over 890% in volume and more than 1,060% in value. The figures for transactions via automated teller machines went down by 15% and 18%, respectively. These results illustrate a clear trend towards transitioning from cash to cashless payments.
Source:Viet Nam News
March 08, 2024 21:44 UTC
Para powerlifters take home World Cup medals
Para PowerliftingHÀ NỘI — Việt Nam's delegation arrived home with three silvers and one bronze at the Dubai 2024 Para Powerlifting World Cup. Para Games champion Nguyễn Bình An competed in the men's U54kg and placed second in the total lift and best lift categories, recording 518kg and 179kg, respectively. Former world and Paralympic champion Lê Văn Công earned a bronze in the men's U49kg's total lift category with a result of 409kg. The star-studded line-up gathered many Paralympic, world and continental champions. The World Cup also offered important world rankings points for the athletes' qualification for the Paris 2024 Paralympic Games, the deadline of which is July 2024.
Source:Viet Nam News
March 08, 2024 20:17 UTC
VN stock market expected to bounce back
Tran Hoang Son, Market Strategy Director of VPBankS, gave positive forecast at a workshop themed ‘Stock market foundation, accumulation, and acceleration’ held by Dau Tu newspaper on March 5. The stock market is destination for cash flow when commercial banks all offer low interest rates for dong deposits. After a period of tightening, the US FED has stopped raising prime interest rates and may ease interest rates in 2024. According to Trang, the government’s timely policies on supporting the corporate bond market and real estate markets have helped the stock market. The State Bank of Vietnam (SBV) has cut operating interest rates to pave the way for commercial banks to further ease interest rates.
Source:VietNamNet News
March 08, 2024 16:12 UTC
Two foreigners awarded honorary citizenship title of Thua Thien – Hue
Andrea Teufel (second from right) and Kazuyo Watanabe (third from right) receive the honorary citizenship title of Thua Thien - Hue province. (Photo:baothuathienhue.vn)Teufel made great contributions to the preservation and restoration of the local heritage sites. Meanwhile, Watanabe, a Japanese woman, is recognised for her valuable support for children with cancer in the province.Chairman of the provincial People’s Committee Nguyen Van Phuong said by joining local efforts to build the community, foreigners not only bring about positive improvements but also promote solidarity, cooperation and mutual understanding between countries.On the occasion of the International Women’s Day (March 8), Phuong sent his best wishes to the two honorary citizens, and expressed his hope that they will make further contributions to building Thua Thien-Hue into a developed and sustainable community.The two foreigners said they are proud of the title, and thanked the local leaders, Hue Monuments Conservation Centre and Hue Central Hospital for supporting them while they worked in the province.They also wished to make further contributions to the local heritage restoration and preservation work, and increase in the survival rates among children with cancer in the coming time./.VNA
Source:VietNamNet News
March 08, 2024 15:40 UTC
VIETNAM NEWS HEADLINES MARCH 8/2024
The PM conveyed regards and an invitation to visit Vietnam from National Assembly Chairman Vuong Dinh Hue to the Australian Senate leader. Lines said she will visit Vietnam soon, saying the visit is intended to implement the cooperation agreement between the two legislatures which was signed in 2022. Vietnam puts women’s empowerment at centre of development: UNFPA VietnamUnited Nations Population Fund (UNFPA) Representative in Vietnam Matt Jackson has affirmed that Vietnam has been putting gender equality, women’s empowerment, and human rights at the centre of development. The province is striving to welcome more than 1.3 million visitors in Visit Vietnam Year - Dien Bien 2024. Dr. Pham Sanh from HCMC University of Technology (Vietnam National University-HCM) commented that HCMC should diversify parking lot types.
Source:Viet Nam News
March 08, 2024 15:03 UTC
Archer Nguyệt shoulders Việt Nam’s Olympic mission
However, as the Paris Olympics is approaching, Vietnamese archers are still vying for an official spot. Nguyệt was one of two Vietnamese archers qualified for the Olympics for the first time in history in 2020. In 2023, the national archery team competed in different level competitions from Asian to the world's. Phan Trọng Quân, Sports Authority of Việt Nam official, said: “Six key athletes have received strong support to make our target. The Việt Nam Archery Federation expects that their strong investment in signing a deal with Park would help Vietnamese athletes reach new heights, especially in securing Olympic spots.
Source:Viet Nam News
March 08, 2024 13:45 UTC
Arla Foods Ingredients to cut carbon emissions with heat pump technology
COPENHAGEN, DENMARK - Media OutReach Newswire - 7 March 2024 - Arla Foods Ingredients is taking a major step towards its carbon reduction goals with the construction of an electric heat pump facility at its primary processing plant in Denmark. The investment is the culmination of many years' work at Arla Foods Ingredients, which has a long history of applying electrification technology. Paul van Rooij, Vice President, Supply Chain at Arla Foods Ingredients, said: "There's growing demand for our products around the world but it's essential that we grow sustainably. The heat pump facility at Danmark Protein will provide a blueprint for similar projects at other Arla Foods Ingredients sites. Arla Foods Ingredients, a subsidiary of Arla Foods, is a global nutrition leader committed to sustainability and innovation, serving major brands worldwide.
Source:Viet Nam News
March 08, 2024 08:40 UTC
French professor’s book on bronze drums launched in VN
A discussion among Vietnamese archeologists and the writer will also be held to discuss Vietnamese Đông Sơn bronze drums. "To give to the readers and possible visitors some keys to understand and hopefully join me to become a Bronze Drums’ lover,” he said. De Guerny said the book is dedicated "to the Southern Barbarians, genial creators of the bronze drums of Southeast Asia." In his book, the expert said around Guangxi, China and the mountains of Tonkin (Việt Nam), early bronze drums were developed until now but forgotten elsewhere. He said his trips to Việt Nam gave him opportunities to meet people who supported him greatly in his work.
Source:VietNamNet News
March 08, 2024 00:26 UTC
VNA leader delivers speech at OANA’s Executive Board Meeting
Videos Exploring Khe Coc cultural space Experiencing the Khe Coc cultural space is one of the new and unique tourism offerings hidden within the core area of the Trang An World Cultural and Natural Heritage Site, which was opened to the public by Ninh Binh province during the recent 2024 Lunar New Year (Tet) holiday. Videos Vietnam, Australia elevate ties to comprehensive strategic partnership Vietnam and Australia elevated their relations to a comprehensive strategic partnership on the occasion of official visit to Australia by Prime Minister Pham Minh Chinh, his spouse and a high-ranking delegation of Vietnam from March 7-9. Videos “Suite Kieu” performed in Berlin The “Suite Kieu” (To khuc Kieu) by Vietnamese music professor and guitarist Dang Ngoc Long was one of the six works played by Zafraan Ensemble - a German group based in Berlin that is well-known for its classical concerts with a distinct crossover flair at the House of World Cultures in Berlin. Videos Festival spotlights trance ritual singing A festival showcasing Chau Van ritual singing by more than 40 artisans from 14 cities and provinces around Vietnam was held recently at Cua Dong Temple in Lang Son province, as part of efforts to preserve and uphold the country’s heritage.
Source:Viet Nam News
March 07, 2024 13:20 UTC
Vietnam, Australia elevate ties to comprehensive strategic partnership
Videos “Suite Kieu” performed in Berlin The “Suite Kieu” (To khuc Kieu) by Vietnamese music professor and guitarist Dang Ngoc Long was one of the six works played by Zafraan Ensemble - a German group based in Berlin that is well-known for its classical concerts with a distinct crossover flair at the House of World Cultures in Berlin. Videos Festival spotlights trance ritual singing A festival showcasing Chau Van ritual singing by more than 40 artisans from 14 cities and provinces around Vietnam was held recently at Cua Dong Temple in Lang Son province, as part of efforts to preserve and uphold the country’s heritage. Videos Vietnam-Australia air routes boost diplomatic, trade ties Vietnam-Australia air routes serviced by Vietnam Airlines play a pivotal role in enhancing political and diplomatic ties between the two countries, serving as a bridge for fostering economic, cultural, and social interactions. Videos Vietnamese enterprises attend Foodex Japan 2024 As many as 22 Vietnamese enterprises are showcasing their products at Foodex Japan 2024, one of the largest international food and beverage exhibitions in Asia, which is underway in Tokyo, Japan.
Source:Viet Nam News
March 07, 2024 13:20 UTC
VIETNAM NEWS HEADLINES MARCH 7/2024
In the policy impact assessment report of the draft amended Health Insurance Law, the ministry stated that the current provisions on health insurance premiums are not balanced with the level of benefits and the scope of coverage for health insurance participants, so it is necessary to consider gradually increasing health insurance premiums. The health insurance fund is formed from contributions from health insurance participants, profit from investment activities of the Fund as regulated by the Social Insurance Law, late payment interest, and other legal revenue sources. However, by 2022, the medical expenses covered by health insurance again exceeded the Health Insurance Fund for the year by over VNĐ3 trillion ($121 million). Alongside the popular phở, visitors will have chance to taste vegetarian phở, ginseng phở, artichoke phở, and lotus phở. Vietnamese players among top seeds at Vietnam International Challenge 2024Vietnamese athletes Nguyễn Hải Đăng and Lê Đức Phát are among top seeds at the CIPUTRA HANOI - YONEX SUNRISE Vietnam International Challenge 2024 badminton tournament.
Source:Viet Nam News
March 07, 2024 04:39 UTC