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EVN workers examine electricity facilities (Photo: VNA) The Vietnamese government’s permission for private companies to invest in and build power plants and transmission systems became a big step forward, bringing competition in the energy sector to a manageable level. The first 500kV super-high voltage power transmission line invested by Trungnam Construction and Investment JSC has been operating stably for more than a year. Trungnam’s project includes a 500kV substation and transmission lines combined with a 450MW solar power plant, promoting its advantages when participating in the power grid of Ninh Thuan province and the south-central coastal region. Pham Nhu Anh, member of the Executive Board of Military Bank, which arranged capital for Trungnam to invest in transmission infrastructure, pointed out that capital is still a bottleneck in Vietnam’s electrical infrastructure development. According to Anh, the fact that Electricity of Vietnam (EVN) still holds a monopoly on … [Read more...] about Transmission boost to remove major power bottlenecks

The event was attended by former Deputy Chief of the General Department of Political Affairs (GDP) Lieutenant General Le Van Han, Chairman of the association Lieutenant General Hoang Khanh Hung, leaders of the association, representative of the U.S. Embassy in Vietnam, Harvard University, the American Institute of Peace. During the event, the association provided U.S. delegates with information about the search and collection of martyrs’ remains. Accordingly, the association has collected and publicized information of 115,000 martyrs on mass media; helped more than 20,000 martyrs’ families search for the remains of their relatives with more than 200 remains founded; provided free consultation for more than 1,000 DNA assessment cases; and coordinated with localities to move nearly 1,000 remains of martyrs in cemeteries back to their hometowns. Meanwhile, the organization has also helped build 795 gratitude houses and presented nearly 2,400 saving books and 600 scholarships to … [Read more...] about Vietnam, U.S. enhance cooperation in searching and collecting martyrs’ remains

A visitor uses a remote guide app on her mobile at the National Fine Arts Museum. —VNS Photo Le Huong The tourism sector must apply digital transformation to secure sustainable development, according to dozens of participants at a forum on the topic held in Ha Noi on May 18. Titled "Green Light for Tourism to Take Off Part 2: Digital Transformation: Diving Force for Sustainable Development", the forum gathered dozens of experts from State management agencies, tourism authorities, localities, and IT. The first part of the forum held in March focused on opening doors to international tourists. Hoang Quang Phong, deputy chairman of the Vietnam Chamber of Commerce Industry, said at the end of 2018, the Prime Minister issued Decision No 1671/QD-TTg approving the “Master plan on applying informatics technology in the tourism field for 2018-2020, with orientation to 2025.” “Informatics technology has been applied in various tourism companies, especially hotels, resorts and big … [Read more...] about Forum held on digital transformation for sustainable tourism

Well-known groups are continuing to pour money into Vietnam specifically for research and development, Photo: Le Toan LEGO Group COO Carsten Rasmussen last week arrived in Vietnam to speed up the preparation of a $1 billion complex in the southern province of Binh Duong. At last week’s meeting with the Danish toymaker, Deputy Prime Minister Pham Binh Minh said, “This is the largest capital from a Danish group investing in Vietnam, confirming the faith and optimism of Lego, as well as the interest of other Danish investors in this country.” Fresh updates recently revealed by the Ministry of Planning and Investment that the total newly-registered foreign direct investment (FDI) into Vietnam last year amounted to $38.85 billion, up 25.2 per cent on-year, thanks to two billion-dollar projects registered at $7.7 billion and both licensed on the last day of 2021. An annual report on FDI in Vietnam released last week by the Vietnam Association of Foreign-Invested Enteprises … [Read more...] about FDI quality in need of fresh policy boost

A panel discussion at the conference on strengthening ‘Public-Private Partnership for sustainable healthcare transformation’ in Hanoi on May 18. (Photo: VNA) Opening the event, the newspaper's editor-in-chief Le Trong Minh said that Vietnam's health sector faced many challenges, such as increasing infectious and non-communicable diseases, hospital overcrowding, shortage of supplies and equipment, the ageing population as well as the disparity between regions and healthcare levels in terms of quality of medical services and standardisation of modern equipment. “For the health system to be capable and always ready to respond to future situations, towards a comprehensive and sustainable health care system, it is necessary to have new investment orientations in social resources for the health system, as well as stronger cooperation from the parties involved, including the Public-Private Partnership (PPP) method,” said Minh. At the event, MPI deputy minister Tran Duy Dong said it … [Read more...] about Conference discusses Public-Private Partnerships in healthcare

Shannon Leahy, trade commissioner for Austrade, and general director of BRG Retail Nguyen Thi Thanh Thuy. Photo: Austrade Australia is one of Vietnam’s major suppliers of beef ad lamb products. Local consumers can enjoy a growing range of Australian products from fresh fruits, dairy, seafood, and beverages including a diverse range of sparkling, red, and white wines. Cherries, citrus, table grapes, milk, yoghurt, cheese, cereals, juices, rock lobsters, and abalone are just some of the beloved Australian products that have made it into Vietnamese stores, restaurants, and homes. General director of BRG Retail Nguyen Thi Thanh Thuy said, “Vietnamese consumers increasingly demand clean, fresh, and delicious products with premium quality and transparent origins regardless of if they are eating out or at home. Australian suppliers can offer exactly what they want, including high-quality sustainable meat, delicious fruits, the finest dairy and cereals, and premium seafood … [Read more...] about Vietnamese consumers’ growing interest in Australian F&B products