Elsevier science technology

A lever for development Given global integration and strong development of the 4th Industrial Revolution, science, technology and innovation have become the most important input factors of modern productive forces that have a decisive influence on the quality and growth rates of economies. In Vietnam, along with education and training, the Party and State attach importance to the role of science and technology as the leading national policy and driving force for socioeconomic development and national defense. In recent years, the legal system has been updated to serve economic growth in accordance with the development context of the country and its new-generation free trade agreements, focusing on perfecting investment and financial mechanisms, non-state budget mobilization for science and technology, and attracting qualified staff, especially Vietnamese scientists from abroad and foreigners in Vietnam. The contribution of science and technology is significant to … [Read more...] about Science, technology, innovation: The foundation of Vietnam’s development

A medical worker gives a shot of Nano Covax to a volunteer in the third-phase trials at the Hanoi-based Vietnam Military Medical University (Photo: VNA) Hanoi (VNA) – The emergency use authorisation for a COVID-19 vaccine is necessary but it must be based on sufficient scientific data, a health official said on June 22. Nguyen Ngo Quang, Deputy Director of the Health Ministry’s Department for Science, Technology and Training, made the remark in response to the Nanogen Pharmaceutical Biotechnology JSC’s proposal for validating its Nano Covax, a COVID-19 vaccine candidate, for emergency use. Quang noted that before approving a vaccine for mass use, it is a principle that the Ministry of Health (MoH) must ensure the safety, the generation of immunity, and the protective effect of that vaccine. The emergency use authorisation for a vaccine depends on many factors, and the MoH needs scientific data to make a decision, Quang emphasised. He stressed the MoH’s … [Read more...] about Vaccines can only be approved based on sufficient scientific data: official

At the talks (Photo: VNA) Hanoi (VNA) – Minister of Foreign Affairs Bui Thanh Son on June 23 held talks with his counterpart from the Republic of Korea Chung Eui Yong during which both sides agreed to boost the bilateral relations further. Chung, who is on an official visit to Vietnam from June 21 – 23, congratulated Vietnam on the success of the elections of deputies to the 15th National Assembly and all-level People’s Councils for the 2021 – 2026 tenure, and highly regarded the country as a non-permanent member of the UN Security Council for the 2020 – 2021 term. He also expressed his confidence that Vietnam will achieve more successes in socio-economic development and diplomacy in the time to come. The two FMs exchanged views on the bilateral ties and international and regional issues of mutual interest. They both reiterated the importance of maintaining and further advancing the Vietnam-RoK Strategic Cooperative Partnership . They also expressed their … [Read more...] about Vietnam, RoK seek to further advance ties

State President Nguyen Xuan Phuc (R) presents gift to RoK Minister of Foreign Affairs Chung Eui-yong (Photo: VNA) Hanoi (VNA) – State President Nguyen Xuan Phuc has affirmed that the development of Vietnam – Republic of Korea (RoK) ties is a common determination from the grassroots to high levels in Vietnam. During a reception in Hanoi on June 23 for RoK Minister of Foreign Affairs Chung Eui-yong, Phuc suggested the two countries’ foreign ministries and agencies maintain all-level exchanges, uphold initiatives to overcome difficulties caused by the pandemic, and further expand and diversify the RoK’s investment in Vietnam. The host asked for effectively tapping the potential of cooperation in investment, trade, science-technology, culture-education, and urged the RoK to offer more support to the Vietnamese community in the country, including popularising Vietnam’s culture and language teaching. He expressed appreciation for the RoK’s support to Vietnam to fulfil … [Read more...] about State President receives RoK Foreign Minister

Vietnam records 1.35 billion USD trade deficit in first half of June Vietnam reported a trade deficit of 1.35 billion USD in the first half of June as exports reached only 12.3 billion USD – down nearly 2 billion USD compared to the latter half of May, the General Department of Customs has announced. Among items posting the strongest turnover decline included computers, electronics and parts with 1.06 billion USD, down 800 million USD; machinery and equipment with 1.1 billion USD, down 260 million USD; and telephones and components with 1.96 billion USD, down 50 million USD. Since the beginning of this year to mid-June, the nation’s trade value surpassed 288.6 billion USD. Of the sum, over 143.3 billion USD came from exports, up 30 percent year-on-year while the remainder of 145.3 billion USD was from imports, up 36 percent. That resulted in a trade deficit of 1.96 billion USD, the department said. According to trade experts, the above-mentioned trade deficit was … [Read more...] about VIETNAM BUSINESS NEWS JUNE 23

South Korea is Vietnam’s biggest investor and second-largest trade partner. Foreign ministers of Vietnam and South Korea discussed different fields for enhanced bilateral relations when they met in Hanoi on June 23, focusing on economic ties, manpower, tourism, people-to-people links. South Korea's Foreign Minister Chung Eui-yong (L) and Vietnam's Foreign Minister Bui Thanh Son in Hanoi on June 23. Photos: Baoquocte The South Korean foreign minister visited Vietnam on June 21-23 to attend the Asia-Europe Meeting (ASEM)’s High-level Policy Dialogue held in Hanoi. At talks with his South Korean counterpart Chung Eui-yong, Vietnamese Foreign Minister Bui Thanh Son expressed his delight at the fruitful development of Vietnam-South Korea relations in all fields in recent years, affirming that Vietnam always attaches importance to its relations with South Korea, considering the country as one of its top partners. In terms of investment, South Korea is Vietnam’s … [Read more...] about Vietnam and South Korea discuss comprehensive ties