How coal is used to generate electricity

Ascend Vietnam Ventures has exceeded its US$50 million target for its flagship early-stage venture capital fund, AVV Alpha. Ascend Vietnam Ventures (AVV), the fund led by Binh Tran and Eddie Thai, is seeking the next wave of globally iconic startups emerging from Vietnam. Eddie Thai is speaking at a growth event for founders. Photos: AVV The team has increased its investments in startups in Vietnam, seeding up to US$2 million into 25 startups next year and following on with checks of up to $5 million. With the new fund, AVV has been exploring a broad range of tech opportunities including those in financial inclusion, education, and future of work. AVV Alpha is backed by a mix of investors from Asia, Europe, and the US, including development finance institutions, funds, corporate VCs, and high-net-worth individuals from leading local and regional companies. It has picked ten startups in the past nine months, including Kilo (SaaS & wholesale … [Read more...] about Ascend Vietnam Ventures seeks building global startups in Vietnam

Talking to Prudential Chairwoman Shriti Vadera, the N.A. leader congratulated the firm on its successes in the world as well as in Vietnam, expressing his hope that it will continue operating successfully in the country and fulfill its social responsibility. He affirmed that the Vietnamese Government and N.A. are ready to consider and deal with the problems facing businesses, including those from the U.K., when operating in Vietnam. Vadera said Prudential is delighted to be part of the country’s development, and it can help with this process by issuing long-term bonds. The insurer pledges to cooperate with the Vietnamese Government in green investment, insurance technology, and development of Ho Chi Minh City into an international financial center, she noted, affirming that it will concurrently develop its business and fulfill social responsibility. At the meeting with Chairman of Standard Chartered Jose Vinals, Hue thanked the enterprise for helping the Vietnamese Ministry of … [Read more...] about N.A. Chairman receives leaders of British enterprises in London

Addressing the event, Deputy Foreign Minister Pham Quang Hieu underlined that the passing of the United Nations Convention on the Law of the Sea (UNCLOS) 1982 40 years ago was a historical milestone in the development of international law, becoming the first comprehensive legal framework and a “constitution” of the sea. The convention has proved its universal values, he said, adding that to date, it continues to play a fundamental role in the development of international law of the sea, promoting peace, security, cooperation among nations, and the sustainable development of the oceans and seas. Hieu affirmed that over the past 40 years, the legal order set up following the UNCLOS has greatly contributed to maintaining peace and international stability. The peaceful settlement of disputes at sea in line with international law, therefore, has been promoted. In the face of increasing maritime challenges, the international community should uphold the rule of law and comply in good … [Read more...] about UNCLOS greatly contributes to enhancing regional maritime cooperation: experts

The business platform makes the digital transformation easier, faster, and more scalable. Siemens Xcelerator includes a curated portfolio of IoT-enabled hardware, software, and digital services of Siemens and certified third parties; a growing ecosystem of partners; and an evolving marketplace to facilitate interactions and transactions between customers, partners, and developers. “Siemens Xcelerator will make it easier than ever before for companies to navigate digital transformation – faster and at scale. By combining the real and the digital worlds across operational and information technology, we empower customers and partners to boost productivity, competitiveness, and scale-up innovations,” said Roland Busch, president and CEO of Siemens AG. "Our portfolio is transformed towards more open applications, with more cloud-based and as-a-service solutions and IoT-enabled hardware that can be constantly upgraded. At the same time, the collaboration will reach a new level with a … [Read more...] about Siemens launches flagship business platform to accelerate digital transformation

Vice President Vo Thi Anh Xuan (left) meets President of the Philippines Ferdinand Romualdez Marcos Jr on July 1  . (Photo: VNA) Hanoi (VNA) – Vietnamese Vice President Vo Thi Anh Xuan on July 1 had a meeting with President of the Philippines Ferdinand Romualdez Marcos Jr as part of her visit to the country to attend the latter's swearing-in ceremony. Vice President Xuan conveyed congratulations from President Nguyen Xuan Phuc and Vietnamese leaders to the Philippine President. The Vice President expressed her belief that with his rich experience and determination to bring practical benefits to the people during his presidency, President Marcos will lead the Philippines to develop prosperously and affirm the country’s important role and position in the region and in the world. She also conveyed a letter from President Nguyen Xuan Phuc inviting President Marcos and his wife to visit Vietnam soon. The Philippine President thanked Vice President Xuan and the Vietnamese … [Read more...] about Vietnamese Vice President meets with foreign leaders in Philippines

Ambassador Nguyen Phuong Tra, Charge d'affaires a.i. of Vietnam to the UN, speaks at the event. (Photo: VNA) New York (VNA) – Vietnam has reaffirmed its support and contributions to the UN's efforts to improve road traffic safety at a UN General Assembly session being held on June 30 and July 1. The session adopted the “Political declaration of the high-level meeting on improving global road safety”, with the 193-member General Assembly committed to drive the implementation of the Global Plan for the Decade of Action for Road Safety 2021–2030, including the goal to half road traffic deaths in the next eight years. Speaking at the event, Ambassador Nguyen Phuong Tra , Charge d'affaires a.i. of Vietnam to the UN, affirmed that Vietnam totally supports the Decade of Action for Road Safety 2021–2030. For the realisation of its goal, she said it is necessary to strengthen road safety legislation at global, regional and national levels to address current and emerging … [Read more...] about Vietnam backs UN’s efforts to improve road traffic safety