Rangers patrolling the natural forest areas of Sơn Phú Commune, Na Hang District of the northern mountainous province Tuyên Quang. — VNA/VNS PhotoViet Nam News BRUSSELS — Prime Minister Nguyễn Xuân Phúc witnessed the signing of the Forest Law Enforcement Governance and Trade Voluntary Partnership Agreement (FLEGT-VPA) between Việt Nam and the European Union which aims to fight illegal logging, in Brussels yesterday on the sidelines of the 12th Asia-Europe Meeting (ASEM) Summit. Vietnamese Minister of Agriculture and Rural Development Nguyễn Xuân Cường, Austrian Prime Minister Sebastian Kurz, and Vice President of the European Commission Federica Mogherini signed the document. The core of the deal is the Việt Nam Timber Legality Assurance System (VNTLAS), which ensures that wood and timber products exported from Việt Nam to the EU have legal origins. The issuance of FLEGT licences is only applicable … [Read more...] about Viet Nam signs deal with EU to fight illegal logging
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Xiaomi’s smart-home plans for Viet Nam
Xiaomi’s new robot vacuum cleaner, which costs $320. VNS Photo Viet Nam News HCM CITY — Xiaomi is the largest consumer Internet of Things platform in the world, the company’s Việt Nam country manager, Jack Yung, said. Speaking at the opening of a showcase flat, Mi Apartment, in HCM City, he said: “Xiaomi is a company unlike any other. We are a company founded on the notion that we can deliver amazing products at honest prices to everyone, and we have created a comprehensive suite of products that revolve around our smartphones, including smart hardware and lifestyle products. “The Mi Apartment clearly demonstrates for guests how you can work, live and play in an eco-system that puts together all these products to deliver the convenience of a smart home.” Using the latest Mi 8 smartphone as a hub, the apartment features a robot vacuum cleaner, air purifier and water purifier to keep the family breathing and drinking clean … [Read more...] about Xiaomi’s smart-home plans for Viet Nam
Viet Nam needs reforms for new FDI strategy
Viet Nam needs breakthrough reforms in the national foreign direct investment (FDI) approach to sustain the country’s rapid economic development, competitiveness and inclusive prosperity. – VNA/VNS Photo Viet Nam needs breakthrough reforms in the national foreign direct investment (FDI) approach to sustain the country’s rapid economic development, competitiveness and inclusive prosperity, according to a report launched by the International Finance Corporation (IFC) and the Ministry of Planning and Investment (MPI) yesterday. The Recommendations on Viet Nam Next Generation FDI Strategy and Vision 2020-30 report says Viet Nam has been an attractive destination for FDI for about 30 years. FDI capital has become a major driver of Viet Nam’s economic development and international integration, creating large numbers of jobs, diversifying exports, improving technology and facilitating economic restructuring. In the last decade, annual FDI inflows shot up by a factor … [Read more...] about Viet Nam needs reforms for new FDI strategy
Thailand’s SCG says Viet Nam its new manufacturing hub
Viet Nam will become its second manufacturing hub after Thailand, South-east Asian conglomerate SCG has announced. — VNS Photo Viet Nam will become its second manufacturing hub after Thailand, South-east Asian conglomerate SCG has announced. On the sidelines of an interaction with the media in HCM City, Marty Lin Mahaplerkpong, vice president of SCG Vietnam Company Ltd, told Viet Nam News: “It means that we will invest more in the Vietnamese market.” SCG, which has been in Viet Nam since 1992, had 22 operations with more than 8,600 employees in this country as of the first quarter of last year. Its core businesses are cement-building materials, chemicals and packaging. At the beginning of this year it invested $5.4 billion in its flagship project, Long Son Petrochemicals. The Thai company has consistently undertaken community programmes as part of its corporate social responsibility. They include “sharing the dream playground” under which it installed … [Read more...] about Thailand’s SCG says Viet Nam its new manufacturing hub
Viet Nam climbs up on UL safety index
Representatives of UL speak about the latest safety index in Việt Nam.-- VNS Photo Viet Nam is becoming a safer nation relative to many others, and once again improved its safety ranking in 2017, according to the latest report released by Underwriters Laboratories (UL), a global safety science company. In the latest UL Safety Index, Viet Nam moved up 11 places to 76th. The overall injury rates in the country decreased sharply last year, with drowning deaths falling by 15 per cent, poisoning by 14 per cent and transport deaths by 8 per cent, according to the report. “Our mission is to help advance safe living and working environments for people in Việt Nam and around the world, and contribute to the discourse on public health and safety,” David Wroth, director, Data Science– UL, said. “The findings from the study this year illustrate that Việt Nam is performing better in its overall efforts to improve safety.” The index attributes the … [Read more...] about Viet Nam climbs up on UL safety index