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HCM City ceremony marks traditional New Year of neighbouring countries

April 14, 2021 by en.vietnamplus.vn

HCM City ceremony marks traditional New Year of neighbouring countries hinh anh 1 Participants in the ceremony bathe the Buddha statue, a ritual of the traditional New Year festival of Cambodia, Laos, Myanmar, and Thailand (Photo: VNA)

HCM City (VNA) – A ceremony was held at Pho Minh Pagoda in Ho Chi Minh City on April 14 to celebrate the traditional New Year of Cambodia , Laos, Myanmar, and Thailand.

Organised by the HCM City Union of Friendship Organisations (HUFO) and the city’s committee of the Vietnam Buddhist Sangha (VBS), the ceremony saw the presence of representatives from the consulates-general of the four countries in HCM City, the municipal Vietnam Fatherland Front Committee, the municipal Committee for Overseas Vietnamese, and the countries’ entrepreneurs and students.

The traditional New Year festival is known as Chol Chnam Thmay in Cambodia, Bunpimay in Laos, Thingyan in Myanmar , and Songkran in Thailand.

Addressing the celebrations, HUFO Vice Chairwoman Tran Hoang Khanh Van said the ceremony aims to further promote mutual understanding, cultural exchange, and multifaceted cooperation between Vietnam, including HCM City, and the four neighbouring countries.

She noted that Vietnam, Cambodia, Laos, Myanmar, and Thailand are ASEAN members and have cooperated and assisted one another over many years. Their peoples have stood side-by-side in fighting for national independence, developing their countries, and building an ASEAN Community of peace, stability, cooperation, and prosperous development.

HCM City ceremony marks traditional New Year of neighbouring countries hinh anh 2 Most Venerable Thich Thien Tam addresses the ceremony held at Pho Minh Pagoda on April 14 (Photo: VNA)

Most Venerable Thich Thien Tam, Vice President of the Executive Council of the Central VBS Committee and deputy head of the HCM City VBS Committee’s executive board, said the traditional New Year of Cambodia, Laos , Myanmar, and Thailand reflects the similarities in culture and religious practices among the countries, adding that it is helpful in strengthening the five nations’ solidarity in their development efforts and in ASEAN Community building.

Echoing that view, Ratiwan Bonprakhong, Chief Representative of the Tourism Authority of Thailand’s HCM City Office, held that the ceremony helps bring the five countries’ people closer together and also demonstrates their solidarity and unity./.

VNA

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World News in Brief: April 14

April 14, 2021 by en.nhandan.org.vn

* The Kremlin said on Wednesday that a summit between Russian President Vladimir Putin and his US counterpart Joe Biden would be contingent on US behaviour after reportedly telling Washington to scrap a plan to impose new sanctions on Russia.

* Inspectors from the U.N. nuclear watchdog visited Iran’s uranium enrichment site at Natanz on Wednesday, the agency said, without commenting on the extent of the damage caused by what Iran says was an act of sabotage.

* French Finance Minister Bruno Le Maire reaffirmed the French economy should grow by 5% in 2021, and told BFM TV that financial aid measures should remain until the end of the pandemic.

* Vice President Kamala Harris said on Wednesday she is planning to visit Mexico and Guatemala soon and that the United States must figure out how to bring about economic development in the Northern Triangle countries to curb immigration.

* Armenian Prime Minister Nikol Pashinyan said on Wednesday he would step down from his post in the last ten days of April to clear the way for early parliamentary elections, the Interfax news agency reported.

* Haiti’s Prime Minister Joseph Jouthe announced his resignation on Wednesday amid worsening gang violence and political turmoil in the poorest country in the Americas.

* India’s new infections hit a record level on Wednesday with Mumbai set to be locked down at midnight, but hundreds of thousands of pilgrims still thronged to a religious festival in the north of the country.

* The euro zone economy is still standing on the “two crutches” of monetary and fiscal stimulus and these cannot be taken away until there is a full recovery, European Central Bank President Christine Lagarde said on Wednesday.

* The suspension of Johnson & Johnson’s vaccine could delay efforts to inoculate most people in the European Union by more than two months, scientific information and analytics company Airfinity said.

* Global stock markets pushed to record highs on Wednesday as bond yields eased, after data showed US inflation was not rising too fast as the economy re-opens.

* Thailand reported 1,335 new cases, the biggest daily rise since the start of the pandemic and the third record rise this week.

* Denmark became the first country to stop using AstraZeneca’s COVID-19 vaccine altogether, following news of its possible link to very rare blood clot cases, while Finland extended the pause in use of the vaccine for people under 65.

* Spain is confident it can maintain its current vaccination targets despite a US suspension of the Johnson & Johnson shot and delays to its European rollout.

* US federal health agencies have recommended pausing use of Johnson & Johnson’s vaccine for at least a few days after six women under age 50 developed rare blood clots after receiving the shot.

* Brazil’s Senate on Tuesday launched an inquiry into President Jair Bolsonaro’s handling of the pandemic.

* With two vaccines now under scrutiny for possible links to very rare cases of blood clots in the brain, US government scientists are focusing on whether the specific technology behind the shots may be contributing to the risk.

* Irish unemployment will remain above pre-pandemic levels until at least 2025, reflecting some scarring from the crisis that will see national debt peak among the highest levels in the developed world.

* Hungary will allow restaurant terraces to re-open once 3.5 million people, about a third of the population, are inoculated against COVID-19, a target expected to be hit sometime next Wednesday or Thursday, Prime Minister Viktor Orban said.

* The Swiss government announced further easing of its COVID-19 restrictions on Wednesday, allowing restaurants to reopen outdoor terraces from next week and sports events to take place with audiences.

* South Africa has agreed to onerous conditions like non-refundable downpayments to secure vaccines from Johnson & Johnson and Pfizer, its health minister said, describing the terms vaccine manufacturers had demanded as “difficult and sometimes unreasonable”.

* The first study to directly compare immune reactions between Pfizer’s and AstraZeneca’s vaccines found strong and broadly similar antibody responses in over 80-year-olds after a first dose of either shot, scientists said.

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National governance, public administration improve: PAPI report

April 14, 2021 by en.qdnd.vn

Since 2018, PAPI has been co-funded by the Department of Foreign Affairs and Trade (DFAT) of Australia, the Embassy of Ireland and United Nations Development Programme (UNDP) in Vietnam.

The report, which assessed citizen experiences with national and local government performance in governance, public administration, and public service delivery, showed that the Control of Corruption in the Public Sector dimension has improved significantly each year since 2016.

The dimension on Vertical Accountability Towards Citizens also steadily improved during the 2016-2021 term, mainly because an increasing number of citizens have contacted local officials, in particular village heads and People’s Council delegates.

Dimensions posting declines included Participation at Local Levels and Public Administrative Procedures.

“New features of the 2020 PAPI Report include insightful findings on the performance of local governments across two terms (2011-2016 and 2016-2021); experience of internal migrants with accessing services in receiving provinces; and voter perception of women in leadership roles,” UNDP Resident Representative in Vietnam Caitlin Wiesen said in her opening remark at the report launch.

“As the Government embarks on a new term, PAPI provides rich and deep datasets on citizens’ perception of local government achievement in each of the 63 provinces and important metrics to review and further improve their performance across eight key dimensions of governance,” she noted.

Analysis in the 2020 PAPI Report shows that citizen engagement and anti-corruption efforts have a positive correlation with Vietnam’s ability to respond to the COVID-19 pandemic.

Australian Ambassador to Vietnam Robyn Mudie, acknowledged an improvement in provincial governance and public administration performance, which may have contributed to Vietnam’s successful response to the COVID-19 pandemic.

Findings from the 2020 PAPI Report show that there is a correlation between good governance and effective pandemic responses, she added.

Nguyen Huu Dung, Vice President of the Central Committee of the Vietnam Fatherland Front said he hope that PAPI will continue to serve as a reliable policy monitoring tool that helps promote government accountability and reforms, thereby furthering modern governance.

Over 14,700 citizens were interviewed for the 2020 PAPI Report. This is the largest number of citizens to participate since the survey was first conducted nationwide in 2011. For the first time, the survey also gathered responses from citizens with temporary residence registration status. Nearly 300 migrants were surveyed in six centrally governed municipalities and provinces (Hanoi, Ho Chi Minh City, Bac Ninh, Da Nang, Dong Nai and Binh Duong).

Source: VNA

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Corruption control tops 2020 PAPI report

April 14, 2021 by vov.vn

Addressing the event, Caitlin Wiesen, resident representative of the UNDP in Vietnam, revealed that the PAPI 2020 Report highlights the local Government’s significant achievements in terms of governance and public administration performance during the 2011-2016 and 2016-2021 terms.

The report which was released following the start of a new government, provides extensive data on citizens’ experience in interacting with various Government apparatus across all levels in 63 provinces and cities.

It indicates that the participation of citizens and anti-corruption efforts have a positive correlation with the containment efforts enforced to halt the spread of the novel coronavirus (COVID-19) pandemic.

Australian Ambassador to Vietnam Robyn Mudie also highlighted various improvements made in the PAPI report which have contributed to helping the country successfully halt the spread of the COVID-19 pandemic. The Australian diplomat added that through competent public governance, Vietnam will be capable of responding effectively to other unexpected emergency situations.

The report also shows various areas of concern for women, including poverty alleviation, health care, and education, adding that women are less frequently involved in decision-making processes in localities, and they often have a limited access to the internet and e-government services.

In addition, the report also highlights citizens’ assessment concerning the efficiency of governance and public administration performance by authorities across all levels.

Most notably, there have been major improvements made in terms of combating corruption activities and accountability towards citizens since 2016, it notes.

Nguyen Huu Dung, vice president of the Vietnam Fatherland Front (VFF) Central Committee, expressed his wish that the PAPI report will continue to provide necessary and reliable data regarding the efficiency of governance, state management, and public service delivery by all-level administrations, whilst contributing to policy reform.

This year saw more than 14,700 people interviewed for the PAPI 2020 Report, representing the largest number of respondents since the first such national survey was conducted back in 2011.

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Semiconductor crisis forces top-level action

April 13, 2021 by www.vir.com.vn

1539 p11 semiconductor crisis forces top level action
Semiconductor crisis forces top-level action. Source: freepik.com

The world’s semiconductor industry sales hit $40 billion for the month of January – a rise of 13.2 per cent on-year, revealed the Semiconductor Industry Association.

Now, consumers are having to deal with price hikes and a lack of products from automobiles and videogames to TVs and smartphones as a global shortage in semiconductors grows.

The shortage in chips, the so-called “brain” within every electronic device, has been slowly getting worse since last year, according to The Guardian. Temporary delays in supplies as factories shut down due to the coronavirus pandemic caused initial issues. However, although production is somewhat back to normal, surges in the demand driven by new habits stemming from the pandemic is causing the situation to worsen.

Mainly, a boom in sales of TVs and computers, the launch of brand new videogame consoles, and arrival of 5G-enabled mobile phones have all driven the demand.

The crisis has even affected Apple, the biggest buyer of semiconductors at $58 billion annually. It was forced to delay the launch of the iPhone 12 by two months last year as a result of the shortage.

“Chips are everything,” said Neil Campling, media and tech analyst at Mirabaud. “There is a perfect storm of supply and demand factors going on here. But there is a new level of demand that can’t be caught – everyone is in crisis and it is getting worse.”

In possibly the most shocking development, Samsung – the world’s second-largest buyer of chips – last month said it might have to postpone the launch of a high-end smartphone, despite also being the world’s second-largest producer of chips.

“It is incredible that Samsung sells $56 billion of semiconductors to others, and consumes $36 billion of them itself, finds it may have to delay the launch of one of its own products,” said Campling.

Ford meanwhile recently cancelled shifts at two car plants and said profits could be hit by up to $2.5 billion this year due to chip shortages, while Nissan is delaying output at plants in both the United States and Mexico. General Motors also said it could face a $2 billion profit hit.

In February Sony, which along with other console makers has struggled with stock shortages over the last year, said it might not hit sales targets for the new PlayStation 5 this year. Its rival, Microsoft’s Xbox, forecasts supply issues continuing at least until the second half of the year.

In a bid to unblock the jam, governments are now getting involved. CNBC reported a fortnight ago that US President Joe Biden is looking to place $37 billion into the sector in an attempt to lower America’s reliance on overseas supply chains. Biden said at the end of March, “We shouldn’t have to rely on a foreign country to provide for our people. We need to sharpen America’s competitive edge by investing here at home.”

But countries including the US and Germany have also reached out to Taiwan to help remove bottlenecks in production. Along with the pandemic, the new administration believes the semiconductor shortage was exacerbated by the previous president’s actions against China.

“Manufacturing of microelectronics in the US has reached a historic low, and this is a big problem for us,” said Terry Halvorsen, IBM’s general manager for Client and Solutions Development.

Taiwan dominates the outsourcing of semiconductor manufacturing. Its contract manufacturers together accounted for more than 60 per cent of total global revenues in the field in 2020, according to Taipei-based research firm TrendForce. Much of its dominance is due to Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC), the world’s largest foundry. TSMC accounted for 54 per cent of all revenues via outsourcing of semiconductor manufacturing globally last year.

Dan Wang, a technology analyst at research firm Gavekal said, “Looking at market share, TSMC manufactures around 50 per cent of all semiconductors in the world – and I think that still understates how important it is because these are some of the most advanced chips out there.”

At the start of March, TSMC said it plans to invest $100 billion over the next three years to increase capacity. The move came after Intel Corporation’s announcement to spend $20 billion on the expansion of advanced chip-making capacity.

“Ultimately, securing the microelectronics supply chain of the US and its allies is a challenge they need to face now,” Halvorsen of IBM noted. “It’s the only way we can ensure sustainable long-term capability in this critically important area.”

The last big supply shock for the industry was a decade ago after the Fukushima earthquake damaged operations at Renesas Electronics, the number three supplier of auto chips.

By Quang Hai

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