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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

Russian Minister of Foreign Affairs Sergey Lavrov is scheduled to visit Vietnam on Tuesday and Wednesday, the Vietnamese Ministry of Foreign Affairs said on Monday night. The visit is made at the invitation of Vietnamese Minister of Foreign Affairs Bui Thanh Son. In September 2021, Minister Son conducted a business trip to Moscow, where he met with many Russian officials, including his counterpart Lavrov. In late 2021, State President Nguyen Xuan Phuc visited Russia at the invitation of President Vladimir Putin. Last year marked the 20th anniversary of the strategic partnership between Vietnam and Russia, while this year is the 10th anniversary of the two nations’ comprehensive strategic partnership. Lavrov's visit takes place in the context of new developments in the international and regional situations. In March, Minister Son joined separate phone talks with Russian Foreign Minister Lavrov and Ukrainian Foreign Minister Dmytro Kuleba about the military conflict … [Read more...] about Russian foreign minister Sergey Lavrov to visit Vietnam

Illustrative photo. More than half of the Central Banks named in the survey are in the development or pilot stage, and about two-thirds of these Central Banks say they would issue a retail CBDC in the short or medium term. Many Central Banks are now developing CBDC ecosystems with the coordination of the private sector and existing payment methods. Central Banks want CBDC Basically, there are two CBDC models, including one tier where the Central Bank not only operates the interbank CBDC system but also provides direct CBDC wallet and account services to the public. At two tier, the Central Bank and private sector intermediaries work together, with 70% of the Central Bank developing the two-tier model because this model ensures the effectiveness of providing services such as customer access, identification process, anti-money laundering, anti-terrorist financing (AML/CFT), and handling retail payments to the private sector. The motivation for CBDC development is also … [Read more...] about Implications of Central Bank Digital Currency in Vietnam

HIGHLAND PARK, Ill. -- Police announced they had captured a suspect in a shooting on Monday that killed six people and wounded more than 36 when a man with a high-powered rifle opened fire from a rooftop at a Fourth of July parade in the Chicago suburb of Highland Park. Police confirmed they captured 22-year-old Robert E. Crimo III, who was from the area. Police can be seen surrounding a car and then Crimo exiting the vehicle with his hands raised, according to a video by the Chicago affiliate of ABC News . Crimo lies flat on the ground before police take him into custody. Charges will be filed, Highland Park Police said. The shooting caused toddlers to abandon tricycles and parents to run for safety with their children, turning a civic display of patriotism into a scene of panicked mayhem. "It sounded like fireworks going off," said retired doctor Richard Kaufman who was standing across the street from where the gunman opened fire, adding that he heard about 200 shots. … [Read more...] about Suspect captured in shooting at July 4 parade in Chicago’s Highland Park suburb

Hanoi, (VNA) - The following is a list of selected news summaries over the weekend by the Vietnam News Agency. – Prime Minister Pham Minh Chinh has ordered faster administration of the third and fourth doses of COVID-19 vaccine as part of measures against the unpredictable pandemic situation, especially when the sub-variant BA.5 has appeared in Vietnam and raised the risk of a new wave of coronavirus infections. According to the Government Office, to enhance pandemic control and create favourable conditions for socio-economic recovery and development, the Government leader has assigned Deputy PM Vu Duc Dam to continue directing the Ministry of Health, other ministries and sectors, and 63 provincial-level localities to drastically carry out anti-pandemic measures, especially accelerating COVID-19 vaccination. Read full story - National Assembly (NA) Chairman Vuong Dinh Hue's visits to Hungary and the UK from June 26-30 concluded successfully, thus greatly promoting the … [Read more...] about ☀ Morning digest on July 4