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Russian experts have joined the preservation of President Ho Chi Minh’s body for over 50 years since he passed away in 1969. Vietnam’s Prime Minister Pham Minh Chinh today met a delegation of Russian scientists to whom he extended thanks for their support in keeping the embalmed body of Vietnamese President Ho Chi Minh unharmed. Vietnam's Prime Minister Pham Minh Chinh meets academician Sidelnikov Nikolai Ivanovich, All-Russian Scientific Research Institute of Medicinal and Aromatic Plants (VILAR), in Hanoi on August 14. Photo: VGP Chinh showed his appreciation when meeting scientists of the All-Russian Scientific Research Institute of Medicinal and Aromatic Plants (VILAR) led by academician Sidelnikov Nikolai Ivanovich. He expressed his sincere thanks to the VILAR’s assistance to the Government of Vietnam in performing an important political task, which is the long-term preservation and absolute safety of President Ho Chi Minh’s body. The Russian … [Read more...] about PM thanks Russian scientists for preservation of President Ho’s embalmed body

Shinhan Life Vietnam provided this support for 10 pediatric patients being treated at the Clinical Hematology Department, Ho Chi Minh City Children’s Hospital in Binh Chanh District. The financial contribution follows the company’s first donation of VND100 million granted this April to the hospital, to join hands with families to light up hope for a bright future for unfortunate children suffering from blood cancer. Shinhan Life Vietnam hands out VND200 million for 10 pediatric patients At the event, Shinhan Life Vietnam also handed out more than 100 gifts to the medical staff and pediatric patients at the Department of Clinical Hematology in celebration of the upcoming Mid-Autumn Festival. Mr. Lee Euichul, General Director of Shinhan Life Vietnam, stated, "With the slogan "Bring wonders to life", activities to enhance social responsibility and community sharing is always one of Shinhan Life's top priorities. We will always strive for a peaceful Vietnam, with the … [Read more...] about Shinhan Life Vietnam continues to support children with blood cancer

Clients at an SHB branch. The bank was given the nod on capital expansion. — Photo courtesy of SHB The State Bank of Vietnam (SBV) has given the Saigon Hanoi Commercial JS Bank (SHB) the go-ahead to raise its charter capital to VNĐ26,674 billion (US$1.1 billion). The rise is the first part of SHB's plan to reach VNĐ36,459 billion in capital in 2022 to position itself among the three private commercial banks with the largest charter capital. SHB said it had submitted the plan, passed by its shareholder general meeting, to SBV for approval. Under the plan, SHB was also set to pay a dividend yield of 15 per cent to its existing shareholders for the financial year 2021 and offer a total of 45.12 million new shares for VNĐ12,500 apiece to its employees and the shareholders. By late June, SHB had VNĐ522 trillion in total assets, VNĐ471 trillion in total deposits and VNĐ390 trillion in total credit. It made a six-month before-tax profit of VNĐ5.9 trillion, up 84 per cent … [Read more...] about SHB gets approval to raise capital

Over the past five years, the whole military has strictly ensured Party and political work while the document system has been consolidated, contributing to promoting the strict and effective leadership and management of Party and political work at all levels, meeting all requirements of military administrative reform in this field. Concluding the conference, General Can requested units in the whole military to continue boosting leadership to raise political officers’ awareness, especially those in charge of the planning task, making recommendations to higher levels in the implementation of the work. Meanwhile, units in the whole military should also overcome shortcomings and difficulties during task performance, he added. Translated by Minh Anh … [Read more...] about Planning task on the Party and political work to be promoted

Visitors at the 20th International Medical, Hospital & Pharmaceutical Exhibition that opened on Thursday in HCM City. — VNA/VNS Photo The Vietnamese medical devices market, which is growing annually at more than 18 per cent, relies heavily on imports, representing significant opportunities for foreign businesses, according to the HCM City Medical Equipment Association. The market is now worth US$1.5 billion, up from US$1.1 billion in 2017, Hua Phu Doan, deputy chairman of the association, said. Domestic medical devices manufacturers make mostly basic stuff and meet only 10 per cent of demand while the remaining 90 per cent is imported, he told a meeting held recently in HCM City. The number of foreign manufacturers in Viet Nam remains modest due to the lack of development of supporting industries and the absence of an industrial cluster in this sector, he said. Foreign investment in the production of medical devices is vital to reduce reliance on imports and facilitate … [Read more...] about Viet Nam seeks foreign investment in medical devices production

NextTech Chairman and BOXME Director General shake hands at the signing ceremony. — Photo courtesy of NextTech NextTech Group and Ngan Luong Intermediate Payment Gateway JSC have invested over VND150 billion (US$6.4 million) in BOXME to expand its operations in Viet Nam. NextTech is a multi-platform ecosystem operating in e-commerce, fintech, logistics and education with annual online tractions of $5 billion whereas Ngan Luong is a popular online payment gateway with 35 million transactions carried out daily. BOXME is a pioneer in e-commerce logistics that owns three giant centres of 12,000sq.m each in the country. It offers fulfillment services to e-commerce platforms with a capacity to process 50,000 orders per day. Given the pandemic has caused a boom in e-commerce, the investment is expected to help BOXME scale up to meet the mounting demand for e-logistics and become the leading e-logistics firm in Southeast Asia. "During two years of the pandemic, we had to run at full … [Read more...] about NextTech and Ngan Luong fund BOXME to expand its operations