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The National OCOP program for 2021-2025 has been approved by the Standing Deputy Prime Minister Pham Binh Minh. Vietnam targets reaching at least 10,000 products being rated by the national One Commune One Product program (OCOP) with three stars or more by 2025. A local worker at Anh Huong facility in Bat Trang pottery village, Gia Lam District. Photo: Duy Khanh The specific goal was set out in the National OCOP program for 2021-2025, which was approved by the Standing Deputy Prime Minister Pham Binh Minh on August 2. The program aims to bolster rural economic development towards sustainability. Among the ranked products, there are about 400-500  rated as five stars during the period. The country will prioritize upgrading at least 50% of OCOP products as well as promoting others in association with building brands and developing rural tourism services. According to the program, the country strives for at least 40% of OCOP entities to be cooperatives and … [Read more...] about Vietnam targets 10,000 OCOP products by 2025

Illustrative photo (Source: VNA) Jakarta (VNA) – Vietnam bagged 28 golds after three days into the ongoing 11th ASEAN Para Games in Indonesia, almost completing its target of 35-40 gold medals. On August 2 alone, the swimming team sealed five gold medals, including two by Danh Hoa in the men’s 200m freestyle S4 and 50m butterfly SB3 events. The three others were captured by Do Thanh Hai in the men’s 50m breaststroke SB3; Nguyen Hoang Nha in the men’s 100m backstroke S6; and Vo Huynh Anh Khoa in the men’s 100m backstroke S8. Vietnam ese athletics, meanwhile, called it a day after securing five gold, eight silver, and two bronze medals . Tran Van Nguyen and Tran Thi Tu finished first in the final of the javelin throw F40 and discus throw F54 events, respectively. Vo Van Tung earned two golds for his performances in the events of shot put F34 and discus throw F34. Trinh Cong Luan brought the fifth gold for the squad in the discus F56 event. Vietnamese chess players … [Read more...] about ASEAN Para Games 2022: Vietnam inching to gold target

Billion-dollar strategy While visiting THACO Chu Lai Industrial Zone at the end of March 2022, Prime Minister Pham Minh Chinh assigned THACO three essential tasks, one of them being to continue developing the mechanical industrial zone to meet foundation industries requirements. To carry out this task, Supporting Industrial and Mechanics Corporation - THACO Industries (under THACO Group) has continued to invest in expanding its scale, improving production capacity, boosting exports, and setting a target revenue of $1 billion by 2025, of which export is $500 million. THACO Industries factory in Chu Lai Industrial Zone. Photo by THACO Industries THACO Industries has identified 2022 as the hinge year for establishing the foundation for a leap forward in mechanical and supporting industry business. The company has set out a comprehensive plan, from investing in core technology, and developing diversified products to digitalizing management... aiming to reach the … [Read more...] about THACO eyes revenue target of $1 bln in 2025

Vietnam got disadvantaged when Hoang Thi Bao Tram and Bach Ngoc Thuy Duong both played black against Ticia Gara and Zsoka Gaal. In the midgame, Gara made a big mistake that helped Tram find the way to win after 59 moves. However, Duong could not make a comeback and accepted defeat. This was her first loss after six rounds in the tournament. The highly anticipated match between two former Asian champions Vo Thi Kim Phung and Hungary’s number one player Hoang Thanh Trang ended quickly in a draw. Despite being the favorite to win this game, Trang, a player of Vietnamese origin, played black, and didn't want to take a risk. The first three games brought the score to 1.5-1.5. The victory was decided in the last game between Nguyen Thi Mai Hung and Szidonia Vajda. Both players entered the endgame with two pawns. Hung's pawn went further and was protected by the white king, giving her the winning advantage. While time was running out, Hung made a mistake that gave Vajda a chance to … [Read more...] about Vietnam crack Chess Olympiad top 10

Billion-dollar strategy While visiting THACO Chu Lai Industrial Zone at the end of March 2022, Prime Minister Pham Minh Chinh assigned THACO three essential tasks, one of them being to continue developing the mechanical industrial zone to meet foundation industries requirements. To carry out this task, Supporting Industrial and Mechanics Corporation - THACO Industries (under THACO Group) has continued to invest in expanding its scale, improving production capacity, boosting exports, and setting a target revenue of $1 billion by 2025, of which export is $500 million. THACO Industries factory in Chu Lai Industrial Zone. Photo by THACO Industries THACO Industries has identified 2022 as the hinge year for establishing the foundation for a leap forward in mechanical and supporting industry business. The company has set out a comprehensive plan, from investing in core technology, and developing diversified products to digitalizing management... aiming to reach the … [Read more...] about THACO Industries targets revenues of $1 bln by 2025

The ceremony jointly held by the Vietnam Report JSC and the VietNamNet newspaper (Photo: https://diendandoanhnghiep.vn) Hanoi (VNA) – Winners of the Top 10 Banking Reputation Awards were honoured at a ceremony jointly held by the Vietnam Report JSC and the VietNamNet newspaper in Hanoi on August 3. The awards were presented to Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Vietnam Prosperity Joint Stock Commercial Bank (VPBank), and Military Commercial Joint Stock Bank (MB). On the list were also Asia Commercial Joint Stock Bank (ACB), Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), Tien Phong Commercial Joint Stock Bank (TPBank), Vietnam International Commercial Joint Stock Bank (VIB), and Vietnam Bank for Agriculture and Rural Development (Agribank). (Photo: … [Read more...] about Top 10 reputable banks of Vietnam honoured