Reports revealed that the Saigon Newport Corporation has effectively carried out the defense and security consolidation in combination with socio-economic development. The unit has always fulfilled production and trade missions excellently and obtained sustainable achievements in port operations, logistics services, and marine economy while effectively carrying out military and defense mission. So far, the military business has invested in building a synchronous and modern infrastructure system in all three regions of the country and at key areas holding a strategic position both in terms of defense and security and economy. The Saigon Newport Corporation has been listed in the world’s top 19 container terminal operators in terms of throughput and held the No.1 position in Vietnam in terms of port operations. The unit is currently undertaking port services for over 55% of the market share of import and export containers through seaports nationwide. Every year, Saigon Newport … [Read more...] about General Staff’s Chief works with Saigon Newport Corporation
Military units
MR2 inspects people’s air defense work in Dien Bien Phu city
Since 2021, the Steering Board on People’s Air Defense of Dien Bien Phu city has well performed its advisory duty for the standing board of the city’s Party Committee, People’s Council and Committee to direct the effective implementation of the work in the locality. In addition, relevant departments, agencies, and units have closely coordinated with one another, issued documents, regulations, and action plans on the work and assigned grassroots-level units to seriously carrying out the work. Moreover, the city’s air defense force has been strengthened and conducted training and exercises in an orderly manner. Concluding the inspection visit, Colonel Trung emphasized that the locality should continue embracing all levels-issued resolutions, decrees, and circulars on the people’s air defense work so as to improve the leadership and management capacity of the party committees and authorities as well as the coordination among departments on the work performance. The officer also … [Read more...] about MR2 inspects people’s air defense work in Dien Bien Phu city
Over US$34 billion set to pour into Vietnam’s real estate market this year
The credit quality of real estate firms is at a good level with financial leverage below 1.5x. During the first seven months of 2022, over VND420 trillion (US$18 billion) was pumped into the real estate market. The figure could be raised to VND800 trillion ($34 billion) by the end of the year in case of favorable conditions. Investors looking at a real estate project in Me Linh District, Hanoi. Photo: Pham Hung Economist Can Van Luc, a member of the National Financial and Monetary Advisory Council, shared the view at a real estate forum held on August 17, noting the figure is huge compared to total investment capital for the economy. According to Luc, while transaction activities have been subdued in recent months, this would pose a golden opportunity to restructure the market for more sustainable growth. “In the past, real estate was widely seen as the first option when people explore fields to invest in, and that is a huge risk to the economy,” Luc said. … [Read more...] about Over US$34 billion set to pour into Vietnam’s real estate market this year
Vietnam needs financial resources to advance gender equality
The financial shortage might challenge the implementation of Vietnam’s gender equality commitments and Sustainable Development Goals by 2030. It is extremely urgent to secure and mobilize domestic financial resources for gender equality in Vietnam in the context that a great number of donors have cut down on financial support once the country is in middle-income status. Elisa Fernandez Saenz, United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) Country Representative in Vietnam raised concerns at a conference held in Hanoi on August 17. Elisa Fernandez Saenz, United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) Country Representative in Vietnam, speaks at the conference held in Hanoi on August 17. Photos: UN Women The idea was shared at the event where the United Nations agencies, international organizations, local authorities, businesses, and civil society organizations (CSOs) called for initiatives … [Read more...] about Vietnam needs financial resources to advance gender equality
[Vietnam-US relations] Agriculture – a prominent pillar in US-Vietnam trade: Marc Knapper
American agricultural products are available in many parts of Vietnam and some are becoming well-received in the country of 100 million people. Agriculture plays a prominent role in trade relations between the US and Vietnam, US Ambassador to Vietnam Marc Evans Knapper has said. US Ambassador to Vietnam Marc Evans Knapper at a press conference in Hanoi. Photo: NLD The ambassador shared the idea at the United Tastes of Food and Wine Reception held in Hanoi earlier this week in collaboration between the US Embassy, the California Milk Advisory Board, and the Nebraska Department of Agriculture. To boost the market share of American agricultural products in the Southeast Asian country, relevant agencies are working for further availability. “We are looking for ways to expand US agricultural imports into Vietnam,” Ambassador Knapper said. What Ambassador Knapper said might be true, based on the fact that American agricultural products are safe and … [Read more...] about [Vietnam-US relations] Agriculture – a prominent pillar in US-Vietnam trade: Marc Knapper
Vietnam, Kazakhstan foster multi-faceted cooperation
At the talks between Vietnamese Minister of Foreign Affairs Bui Thanh Son, and Deputy Prime Minister and Minister of Foreign Affairs of Kazakhstan Mukhtar Tileuberdi (Photo: VNA) Hanoi (VNA) – Vietnamese Minister of Foreign Affairs Bui Thanh Son , and Deputy Prime Minister and Minister of Foreign Affairs of Kazakhstan Mukhtar Tileuberdi compared notes on measures to foster cooperation between the two countries during their talks in Hanoi on August 18. diplomatic ties , as momentum to strongly beef up traditional friendship and multi-faceted cooperation between the two countries. Southeast Asian nation . For his part, Tileuberdi affirmed that Vietnam is a priority partner of Kazakhstan in the region, and that attaching importance to boosting the relationship is an important part of Kazakhstan’s foreign policy towards Asia-Pacific. VNA … [Read more...] about Vietnam, Kazakhstan foster multi-faceted cooperation