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Vietnamese leaders have sent congratulatory messages to leaders of the U.S. government and Congress on the occasion of the country’s 246th Independence Day. State President Nguyen Xuan Phuc and Prime Minister Pham Minh Chinh sent their congratulations to U.S. President Joe Biden on Monday, according to the Ministry of Foreign Affairs. Chairman of the National Assembly Vuong Dinh Hue also extended greetings to President of the Senate Kamala Harris and Speaker of the House of Representatives Nancy Pelosi. On the same day, Minister of Foreign Affairs Bui Thanh Son sent a congratulatory message to U.S. Secretary of State Antony Blinken. Vietnam and the U.S. established bilateral relations in 1995, paving the way for a partnership of trust, friendship, and mutual respect. The bilateral relationship is guided by the comprehensive partnership signed in 2013 and joint statements issued by the leaders of the two countries in 2015, 2016, and May and November 2017, according to the … [Read more...] about Vietnam leaders congratulate US on 246th Independence Day

Three major cities of Vietnam are distinguished with the annual prestigious awards of Travel & Leisure. The United States-based magazine Travel & Leisure has recently unveiled its 2022 Asia’s Best Awards with suggestions about the best travel destinations around the world. Accordingly, Hanoi, Danang, and Ho Chi Minh City are among the Top Ten “Best Cities in Southeast Asia” Hanoi- the thousand-year-old charming city President Ho Chi Minh Mausoleum in Hanoi. Photo: Cao Anh Tuan Ranked fifth on the list of Travel & Leisure , the charming capital city of Vietnam- Hanoi is a must-see travel destination for foreign travelers to the country. The fact is that the city is very peaceful and very welcoming to foreigners. It has a low crime rate, great tropical weather, and is easy to balance work life and fun, according to Bill Noland, an Aussie digital nomad in Hanoi. “It takes me around VND10 million or $428 for a convenient accommodation … [Read more...] about Hanoi among Top 10 cities in Southeast Asia

Puih Phu, 16, and Puih Thai, 28, were taken back home in La Grai District of Gia Lai Province in the Central Highlands on Sunday. Early this year, they got in touch with Tran Quang Quyet, 21, a native of the region’s Kon Tum Province, on Facebook. Quyet offered to help them get decent jobs with high salaries in Cambodia. However, once they arrived in Cambodia, they were forced to do all the hard work while their employers frequently beat them with rods and power cables. They were also threatened to be sold away or killed. Struggling to survive, Puih Thai asked to be sent home. The people who had tricked and sold him to Cambodia requested him to contact his family and pay bail of VND90 million ($3,854). Through his family, border guards in Gia Lai launched a special operation to track down the human trafficking ring, rescuing both Thai and Phu. Border guards have collaborated with police to expand the operation. The Ministry of Foreign Affairs announced last week that … [Read more...] about Two Vietnamese tricked to work in Cambodia rescued

Saigon Investment had a talk with Dr. HO QUOC TUAN, University of Bristol, U.K., to discuss this issue further and asked him as to what Vietnam needs to do to face this new trend. JOURNALIST: - Sir, what do you think about the trend of issuing CBDC in the world, and which direction should Vietnam go in the future? Dr. HO QUOC TUAN - To start with we need to look at why Central Banks must bring in this system. Firstly, Central Banks see the future of the world as a cashless society, and they want to introduce an option for a digital currency. Secondly, by developing CBDC it is a way to create pressure as well as create a payment system with the expectation of reducing financial costs. Thirdly, some countries like China have ambitious plans for their currency to become the world's main dominant reserve currency. If the renminbi doesn't play that role today, they hope pioneering the cryptocurrency will give them this edge. Looking at these options, Vietnam needs a CBDC to solve … [Read more...] about Central Bank Digital Currency necessary for Vietnam

The 15th meeting of the National Steering Committee for Covid-19 Prevention and Control on July 5 (Photo: VNA) Opening the teleconference with the 63 localities nationwide, PM Chinh, who is also head of the committee, pointed out that the pandemic remains unpredictable around the world with the emergence of the BA.5 sub-variant of Omicron in many countries. In Vietnam, after the pandemic was brought under control nationwide, some have lowered their guard, especially in vaccination, while authorities have shown slackness in examination. Meanwhile, the country still has to fight against other disease outbreaks and care for people’s health amid the shortage of medicine and medical supplies, he added. Since the start of 2022, Vietnam has recorded over 9 million infections of Covid-19, more than 8.3 million of whom have recovered and over 10,000 succumbed to the coronavirus disease (equivalent to 0.1%). Total infections now stand at 10,748,639, including 9,708,984 recoveries … [Read more...] about Covid-19 infections with BA.5 sub-variant may increase: committee

Businesses are discovering new ways to separate, contain, and re-use the waste they produce, Le Toan SCG Packaging (SCGP) under Thai industrial conglomerate SCG impressed at last week’s exhibition on the circular economy in Vietnam with a number of environmentally-friendly products, one of which was paper beds. These beds, easily installed and transported, are made entirely of recycled paper and have been provided for many hospitals in Vietnam in recent times. “This is one of the products demonstrating the responsibility of SCG in the role of a citizen enterprise. We stand ready to bring innovative solutions to Vietnam to help authorised agencies and people,” said Sompob Witworrasakul, general director of Vina Kraft Paper Co., Ltd., a member of SCGP. Over past years, SGC has also applied high technology to its cement production. Its cement products are energy-saving, with technology helping reduce greenhouse gas emissions by about 115,000 tonnes a year. Additionally, the … [Read more...] about Sustainable products stimulating business