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Int’l assistance important to Central African Republic issues: Ambassador

February 25, 2021 by en.vietnamplus.vn

Int'l assistance important to Central African Republic issues: Ambassador hinh anh 1 At the videoconference (Photo: VNA)

New York (VNA) – Ambassador Dang Dinh Quy , Permanent Representative of Vietnam to the UN, on February 24 underscored the importance of international assistance in the conflict-affected Central African Republic at an UN Security Council (UNSC) videoconference, which discussed ongoing violence in the country.

Jean-Pierre Lacroix , UN Under-Secretary-General for Peace Operations, told the conference that the Central African Republic has continued to suffer from violence despite the announcement of the official result of the presidential election in December 2020.

Citing important progress in recent weeks in combating the armed coalition group known as Coalition des Patriotes pour le Changement, he said the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) is providing security to thousands of internally displaced persons, while also supporting efforts to safeguard the democratic order.

The Central African Republic has now become the most dangerous place for humanitarian work, with over 46 percent of worldwide incidents registered by international non-governmental organisations reported in the country.

In his speech, Quy said Vietnam backs the recent efforts of the UN as well as of regional and subregional organisations, including the African Union, the Economic Community of Central African States, and the International Conference on the Great Lakes Region, to support the Central African Republic.

He took the occasion to urge all concerned parties to resolve differences in a peaceful manner. This effort towards political stability and reconciliation must go hand in hand with the promotion of trust and confidence, he noted.

Calling for the sides involved to respect the election results and handle differences through dialogues, representatives from other UNSC members stressed the importance of implementing the 2019 peace agreement between the local government and armed groups to facilitate long-term political measures.

They supported the efforts made by the African Union and the MINUSCA in the matter./.

VNA

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Vietnam concerned about use of force in international relations

February 25, 2021 by en.vietnamplus.vn

Vietnam concerned about use of force in international relations hinh anh 1 Ambassador Dang Dinh Quy , Permanent Representative of Vietnam to the UN (Photo: VNA)

New York (VNA) – Vietnam is concerned about cases of using or threatening to use force in international relations, which go against the UN Charter and harm international peace and security, Ambassador Dang Dinh Quy, Permanent Representative of Vietnam to the UN, has said.

Quy was addressing an UN Security Council (UNSC)’s videoconference Arria-formula meeting on February 24 themed “Upholding the collective security system of the UN Charter: the use of force in international law, non-state actors and legitimate self-defense” with the participants of nearly 30 member countries of the UN Security Council and the UN.

He stressed that all countries are obliged to build friendship relations and form a culture of upholding the UN Charter and international law as well as abiding by principles in sovereignty and territorial integrity, not interfering into internal affairs of other states, not using or threatening to use force, and dealing with disputes peacefully.

The diplomat said that the UNSC should work to enhance the observance of international law and promote the role of international law and UN Charter as a vital tool in maintaining international peace and security, while increasing its coordination with regional organisations and international legal agencies in coping with disputes, maintaining peace and preventing conflicts.

He underlined the need to avoid the abuse and re-explanation of the UN Charter, suggesting the UNSC continue to creating favourable conditions for countries to get access to affairs and documents of the council to promote open and transparent discussions in the field.

Noting that this topic has been mostly discussed among scholars, Naz Modirzadeh, Director of the Harvard Law School Programme on International Law and Armed Conflict, said that all countries are authorised and responsible in building international law, including the responsibility in protecting the principle of not using force.

She proposed that all countries should actively engage in open discussions on the theory of the rights to self-defence and improve the capacity to get access to announcements and discussions at the UNSC in the field.

Participants at the event underlined the principle of not using or threatening to use force, which is a foundation for the collective security system in line with the UN Charter and the UNSC’s function in maintaining international peace and security.

They affirmed that the only exception is the case that is allowed by the UNSC or to implement the right to self-defence. They called for the upholding of the UN Charter in maintaining international peace and stability, while exchanging ideas on the explanation and application of Article 51 of the UN Charter on the legal basis for the use of force as a means of self-defence, as well as on the situation in specific countries and regions./.

VNA

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VN-Index barely inches up, HNX-Index soars

February 25, 2021 by english.thesaigontimes.vn

VN-Index barely inches up, HNX-Index soars

The Saigon Times

An electronic stock quotation board shows local stock prices at a securities company in HCMC. The benchmark VN-Index rose 0.29% to 1,165.43 points on February 25 – PHOTO: THANH HOA

HCMC – The local stock market saw the VN-Index inch up slightly due to investors’ cautious sentiment, while HNX-Index soared mainly thanks to THD today, February 25.

The VN-Index of the Hochiminh Stock Exchange added a fractional 0.29%, equivalent to 3.42 points, to end at 1,165.43 points.

Winning stocks outnumbered losers by 220 to 214. There were 510.4 million shares worth over VND13.35 trillion changing hands, falling 15% in volume and 11% in value against the session earlier.

In the VN30 basket, 17 stocks advanced but most of them increased slightly. Low-cost air carrier VJC rose 2.4% to VND135,000 and petroleum stock PLX expanded 1.9% to VND58,400. Both mobile phone retailer MWG and jewelry company PNJ rose 1.4% to end at VND135,700 and VND84,000, respectively.

Other gainers in the basket such as VCB, VRE, HDB, STB, MBB, FPT, GAS and HPG inched up 0.4-1.3%.

In contrast, sugar maker SBT was the biggest loser, falling 1.8% to VND21,950. Besides, housing developer KDH and consumer goods firm MSN both dropped 1.5%, ending at VND18,500 and VND89,600, respectively.

Refrigeration electric engineering corporation REE and dairy giant VNM lost approximately 1.1%. NVL, CTG, TCH, VPB and BID fell slightly.

Steelmaker HPG led the southern market in terms of liquidity with 21.9 million shares changing hands, followed by lenders STB and MBB with 18.3 million and 17.88 million shares, respectively.

In the group of speculative stocks, many stocks reversed course to end higher, including PVD, HQC, ROS, FLC, HBC, HSG, KBC, DIG, NKG, PVT, HCM and HHS.

VIX, HAH, CRC, TDC, TLH, GIL, BCE and SCM shot up to the ceiling prices.

Meanwhile, DXG, IJC, LDG, HAG, LCG, DLG, GEX, HNG and ASM ended in the red.

On the Hanoi Stock Exchange, the HNX-Index surged 3.5%, or 8.31 points, to close the day at 246.2 points, with gaining stocks outnumbering decliners by 103 to 71. There were 113.3 million shares worth nearly VND1.9 trillion changing hands on the northern bourse.

The rise of HNX-Index was mainly supported by service company THD, the biggest stock in terms of market capitalization on the bourse, which shot up to the ceiling price at VND196,000. THD’s market capitalization value now reaches more than VND68 trillion, far outstripping lender SHB, which comes second with VND28 trillion.

Other contributors were construction firm S99, which shot up to the ceiling price at VND29,700, and investment and development company TDT and petroleum stock PVS, which went up 6.3% to VND13,600 and 3.2% to VND22,500, respectively. Besides, securities companies BVS and MBS and stone processing company VCS rose over 2%.

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Negative impacts of nCoV on Vietnam economy may extend to late Q2

February 4, 2020 by hanoitimes.vn

The Hanoitimes – Vietnam’s economy is certain to slow down in the first quarter, but the impact could linger to the second quarter.

With the complicated and dangerous nature of the new coronavirus (nCoV) outbreak, the negative impact of the virus on Vietnam’s economy will likely persist until the end of the second quarter this year, according to Bao Viet Securities Company (BVSC).

Similar to China, Vietnam’s service sector is also expected to be the hardest hit, especially transportation, accommodation, tourism, retail sales, catering, and entertainment, said BVSC in its latest report.

Chinese tourists accounted for 32% of total number of foreign visitors to Vietnam in 2019, therefore, suspending visa issuance for Chinese tourists will certainly harm the tourism industry. Besides, it is now the peak season of domestic spring tourism activities and festivals, which will be significantly weakened by the epidemic.

“Notably, these activities are seasonal, therefore, the decline could hardly be compensated in the upcoming months, even when the epidemic is over,” stated the report.

In 2019, the service sector accounts for 41.6% of Vietnam’s GDP. Even though this proportion is not as high as in China, the service sector accounts for 45% of Vietnam’s GDP growth. Industries with significantly higher growth rate include wholesale and retail sales (up 8.82%); transportation and warehousing (up 9.12%), among others, all of which will fall under the influence of the epidemic.

These sectors, including wholesale and retail sales, auto mechanics, transportation, warehousing, accommodation and catering, and arts and entertainment, currently account for 17.3% in total of Vietnam’s GDP in 2019.

Apart from the service sector, the agriculture, forestry, and fishery will be negatively affected by the epidemic with the plunge in exports of these products to the Chinese market. China is a major market for Vietnam’s farm produce, spending US$5.92 billion on buying Vietnamese goods, accounting for 35% of the total. Therefore, if trade with China is affected by the virus outbreak, the growth of agro-forestry-fishery sector, which is already low, will face the risk of further decline, thus lowering the demand for labor in this sector.

For the industry-construction sector, disruptions in global supply chain resulting from the nCoV outbreak will possibly affect the import of commodities used as input materials for production in Vietnam. According to the General Department of Vietnam Customs, Vietnam’s total import-export value with China accounted for about 30% of Vietnam’s total export in 2019, of which exports to China accounted for 24% while imports from China made up 38.7%.

On that basis, Chinese disease outbreak could affect productions of Vietnam’s key export products that heavily depend on imported materials, such as cell phones & electronic components, computers, electronic products, textile, and footwear, among others.

In a positive scenario, BVSC forecasts that Vietnam’s GDP will grow by about 6.5% year-on-year in the first quarter of 2020, 0.2-0.4 percentage points lower than the same period in 2019.

Meanwhile, Viet Dragon Securities Company (VDSC) offered a less optimistic view with GDP growth projected to slow to 6 – 6.3% year-on-year in the period.

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MoPS makes impressive breakthroughs in forming national population database

February 26, 2021 by sggpnews.org.vn

Receiving the task of establishing the national population database, the Police Department for Administrative Management of Social Order (PC06) under the Ministry of Public Security selected the joint venture named VNPT – HADIC – GTEL ICT to design and then build this database.

The project to form a citizen ID card issuance and management system is assigned to the joint venture of GTEL ICT – Tecapro – Egov and the joint venture of MK Group.

Aiming at being modern, synchronous, highly secured, and money-saving, the two systems are centrally designed and located in Hanoi, with a backup one in Ho Chi Minh City (HCMC).

Both exploit the fingerprint biometrics technology for ease of tracking the origin of a person. Notably, the second system shares data with the first one while consistently ensuring level-4 data security in accordance with the Government’s regulation. Identification via digital signature is also used to maintain the completeness of the database.

The national database on population is the one of the cores in establishing an e-government and a digital government, society later. Therefore, participants in developing this database must be IT capable and fully experienced in doing large complex national projects.

Being the leader in the project, VNPT concentrates its most powerful human resources of 3,000 high-leveled employees to perform necessary tasks nationwide.

The joint venture of VNPT – HADIC – GTEL ICT then select the multi-layer and multi-techno architecture to ensure the tightest security possible. Other state-of-the-art technologies in the world are also chosen to form this database to offer the greatest convenience to users while allowing adjustments in the future.

Meanwhile, MoPS cooperated with related organizations to research the optimal method to produce chip-and-QR-code attached citizen ID cards that are pleasing to the eye. These cards must also follow international standards and meet technical criteria.

At present, the police are issuing new citizen ID cards nationwide, with the aim to deliver 50 million cards before July 1, 2021 for eligible people.

Major-General To Van Hue, Head of PC06, shared that the national population database and the issuance and management system for citizen ID cards are among the 6 prioritized databases to be the foundation for the creation of an e-government.

The successful development and operation of these systems are expected to enrich the e-government ecosystem in our nation, contributing to form a transparent government and a digital Vietnam in the near future.

By Quynh Luu – Translated by Vien Hong

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VN responsible member of international community, observes international law: Spokesperson

February 25, 2021 by vietnamnews.vn

The Arleigh Burke-class guided-missile destroyer USS John S. McCain (DDG 56) transits through South China Sea while conducting routine underway operations, February 5, 2021. — Photo from the US Department of Defense

HÀ NỘI — Việt Nam is a responsible member of the international community and always upholds provisions under the United Nations Convention on the Law of the Seas (UNCLOS 1982), spokesperson for the foreign ministry Lê Thị Thu Hằng said.

She made the statement on Thursday in the regular press briefing, held virtually this time due to COVID-19 in Hà Nội, when asked for Việt Nam’s reaction to the US Navy’s first freedom of navigation operation (FONOP) held under the Biden administration in February.

The guided-missile destroyer USS John S. McCain reportedly conducted the FONOP near the Trường Sa (Spratly) and Hoàng Sa (Paracel) archipelagoes in the South China Sea (known as the East Sea by Việt Nam) over which Việt Nam has repeatedly claimed sovereignty, but contested by mainland China and China’s Taiwan.

“By engaging in innocent passage without giving prior notification to or asking permission from any of the claimants,” the US Navy noted in a statement.

Also regarding the recent statement by French Minister of Armed Forces Florence Parly that France had sent the nuclear submarine, SNA Emeraude, to patrol the South China Sea, together with the naval support ship BSAM Seine, the said spokesperson said: “As a responsible member of the international community and a signatory of the UNCLOS 1982, Việt Nam always upholds the provisions of the UNCLOS, including items related to maritime and flight activities over the sea regions set up in accordance with UNCLOS 1982.”

“The maintenance of peace, stability, security and order, safety, maritime and overflight freedom, the rule of law, with respect to sovereignty, sovereign rights and jurisdiction of the littoral countries in the South China Sea, in a manner that is consistent with the UNCLOS 1982, is the shared goal, interests, responsibility, and aspiration of all countries and of the international community,” Hằng said.

Việt Nam hopes that all countries would strive for “positive contribution” to the maintenance of peace and stability on the basis of international law in the South China Sea region, the Vietnamese diplomat stressed. — VNS

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