Foreign investor in vietnam

In a quite near future, we will be facing more challenges in our power sector in order to meet the rising demand for energy consumption for our economic development. The primary energy resources are being exhausted, especially oil and gas which may lead to the significant import of fossil fuels in the near future. Therefore, the trend of developing renewable energy in the world, including wind power, is a breakthrough solution,” Nguyen Anh Tuan, Director of Renewable Energy Center, Institute of Energy, stated. The vision of the government to move away from a fossil fuels-based energy mix was formalized last year under Resolution 55, which established the long-term targets for Vietnam’s green transition. The vision and targets of Resolution 55 should be supported by the much-awaited Power Development Plan VIII (PDP8), which is expected to be finalized later this year. Installation of an offshore wind project The latest draft of PDP8 saw the introduction of a new form … [Read more...] about Vietnam’s future transition to offshore wind auctions

Czech says to donate 250,000 Covid vaccine doses to Vietnam The Saigon Times A military officer is vaccinated against Covid-19. The Czech Republic has announced that it will give Vietnam 250,000 Covid-19 vaccine doses - PHOTO: VNA HCMC - Czech Minister of Health Adam Vojtech has announced that his country will donate 2.39 million Covid-19 vaccine doses to Africa, Asia and the Balkan Peninsula by the end of this year, including 250,000 doses to Vietnam. This is part of the commitments of the European Union’s leaders to present 100 million doses to low- and middle-income countries this year, Tuoi Tre Online newspaper reported. Most of the vaccines will be distributed through the Covax Facility. However, the doses that the Czech Republic will donate to Vietnam will not be provided through the Covax Facility. According to the Vietnamese Ministry of Foreign Affairs, despite the global shortages of Covid vaccines, Vietnam has secured a total of 150 million doses … [Read more...] about Czech says to donate 250,000 Covid vaccine doses to Vietnam

Experts discussed the demand for skilled workforce in the manufacturing and processing industry In the first six months of this year, foreign investors poured capital into 18 industries in Vietnam, led by the manufacturing and processing industry with a total investment of $6.98 billion, according to the General Statistics Office of Vietnam. “Vietnam has steadily turned into a manufacturing hotspot in Asia, due to its relatively large, young, and cost-competitive workforce, attractive tax regime, stable political environment, geographical advantages, and open trade policies,” Simon Matthews, regional manager of ManpowerGroup Vietnam, Thailand and Middle East shared with the webinar on July 22 with the Institute of Labour and Social Affairs under the Ministry of Labour, Invalids and Social affairs (MoLISA). He highlighted that the strong foreign direct investment (FDI) flows helped create more business and job opportunities for Vietnamese amongst the global pandemic. … [Read more...] about Meeting skilled workforce demand in manufacturing and processing industry

In an interview recently granted to the Vietnam News Agency in Havana, Sáez, who is also Vice Chairman of the Cuba - Vietnam Friendship Association, hailed the article as a helpful reference for countries on the way toward socialism as well as for theory research. It is also instrumental for Vietnam’s future leaders to continue with the socialism path and goals set till 2045. He said the article took practical approach with a contemporary mindset that is close to realities, combining the most reasonable and progressive factors in the current socialism thought. According to him, Trong mentioned methods and achievements made by Vietnam after adopting socialism-oriented market economy model and conducting the renewal process. He added that Vietnam is reaching industrialization to achieve socialism aspiration. After 35 years of renovation, Vietnam has dealt with food security issue, becoming one of the world’s biggest rice and farm produce exporters. Industry and services have so far … [Read more...] about Cuban scholar underscores theoretical, practical values in Party chief’s article

General Secretary of the Mexican Labour Party Alberto Ayana Gutiérrez (Photo: VNA) Mexico (VNA) – General Secretary of the Communist Party of Vietnam Nguyen Phu Trong ’s article “Several theoretical and practical issues on socialism and the pathway toward socialism in Vietnam” has proven that building socialism is a sound decision suitable with reality in the country by the CPV, said General Secretary of the Mexican Labour Party Alberto Ayana Gutiérrez. In an interview recently granted to the Vietnam News Agency (VNA)'s resident correspondent in Mexico, Gutiérrez said the Vietnamese revolution’s glorious victories over the past more than 90 years are the result of many factors, including the CPV’s political platforms, sound policies and guidelines based on creatively applying Marxism-Leninism and Ho Chi Minh's thought in Vietnam’s reality, inheriting and upholding traditional values, cultural quintessence of humanity and loyal solidarity under the CPV’s leadership. … [Read more...] about Mexican Labour Party’s leader hails socialism building as CPV’s sound decision

As COVID-19 has deprived Vietnam’s tourism sector of international visitors over the past year, a tour guide in Hanoi found a way to push on with his job, bringing authentic experiences to tourists through live streams. Le Hoang, 28, was blessed to have a job that he is passionate about. Being a tour guide to foreign visitors, he got to travel around Hanoi’s famous sightseeing places and coffee shops, sharing his love and knowledge of the capital city to others. It was not until early 2020, when the pandemic started hitting Vietnam, effectively blocking all international tourists from entering the country, that Hoang started to worry about his line of work. Yet coincidentally enough, the pandemic also opened up a new opportunity to the Hanoian tour guide. “In April 2020, a British tourist asked me to bring my signature coffee tour online," Hoang recalled. "That was the point I started thinking about online tours as a possibility.” Starting out with an ultimately … [Read more...] about Vietnamese man’s virtual tour brings Hanoi ambience to home-bound tourists