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An Cuong Wood Working JSC announces the cooperation agreement with Sumitomo Forestry American. — Photo courtesy of the firm Local timber producer, An Cuong Wood Working JSC, has announced a cooperation agreement with Sumitomo Forestry American, a subsidiary of Japan-based Sumitomo Forestry Group, to provide furniture for projects in the United States from 2022 onward. Sumitomo Forestry America has invested billions of dollars into the US market and owns many real estate and construction companies. The company planned to launch thousands of housing products in the US. According to An Cuong, the cooperation was expected to help it earn tens of millions of US dollars per year. An Cuong’s representative said: “It will be a great opportunity for An Cuong to boost its business activities in the largest economy in the world.” An Cuong chairman Le Duc Nghia said the firm exports some US$20 million worth of products stateside each year, estimating the cooperation with Sumitomo … [Read more...] about An Cuong works with Japanese partners to export wood to the US

The headquarters of the State Bank of Vietnam (Photo: VNA) Hanoi (VNA) – The State Bank of Vietnam ( SBV ) has issued a decision on digital transformation plan in 2022, under which all of the administrative procedures are to be handled online. Under Decision No. 1097/QD-NHNN, about 65-70 percent of people from 15 years old will have accounts at banks or credit organisations. The sector will work to integrate all of its public services on the National Public Service Portal, and coordinate with ministries, agencies and localities to promote cashless payment. It will also step up data sharing with other State agencies through platforms, with contacts of officials in charge of the issue to be publicised, according to the document./. VNA … [Read more...] about All of administrative procedures in banking sector to be handled online

MUSIC & PERFORMANCES HCM City- Performance by Vietnamese-French violinist Jul 9, HCM City Opera House, Vietnamese-French violinist Stephane Tran Ngoc will be the featured soloist in the “A Night of Italian Spirit” concert. REC TOUR 2022 June – July 2022 From the organizer: AboutREC VietNam: REC Viet Nam grows from REC Room – A music management and event production team based in Hanoi. REC ROOM was formed in 2014 as a DIY audio recording studio, but has since developed into a community-driven music production team, with particular focus on; live music events, contemporary musical subcultures, management, tour production, and audio/video production for artists based in Vietnam. ____________________________________________________ EXHIBITION HCM City- Photo exhibition highlights beauty of Spratly Archipelago Until Jul 18, 122 Suong Nguyet Anh Street, District 1 The … [Read more...] about What’s on July 4-10/2022

View of the online conference between the Government and the localities related to the city’s socio-economy. The proposal was released by chairman Mai at an online conference between the Government and the localities related to the city’s socio-economic reports in the first six months and assigned missions in the second half of the year, implementing resolutions of the third plenary session of the 15th-tenure National Assembly on July 4. Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai speaks at the conference. At the city’s working place, chairman Mai informed prompt and comprehensive recovery of the city's socio-economy and it is expected to reach the growth as the pre- Covid-19 pandemic period. Specifically, the city’s economic growth in the second quarter surged by 5.74 percent and up to 3.82 percent in the first half of the year. The budget revenue has reached 61.7 percent which would promote the whole year’s economic growth to 6-6.5 percent. … [Read more...] about HCMC proposes Government promulgate implementation resolution of Ring Road 3

Around 1 p.m., power went out in Hanoi’s inner districts like Ba Dinh, Cau Giay, Nam Tu Liem, Hai Ba Trung, and Hoang Mai. Nghia, manager of an office building in the Cau Giay District, stated that the power was restored after about 30 minutes. However the voltage spiked to more than 240 kilovolts (kV), causing some electrical equipment to be damaged. The damage is being assessed by building management. An employee of a media company in Hai Ba Trung District reported that while eating lunch at the office, power suddenly went out then came back on and then went out again. The loss of power recurred 10-15 minutes, causing many company equipment to be "turned on and off multiple times." Hanoi University of Science and Technology, located in Hai Ba Trung District, had to announce that "the entire school lost power due to a power grid failure in the city. We hope teachers and students understand for this inconvenience." The power was restored around 2:40 p.m., and normal … [Read more...] about Northern Vietnam hit by massive power outages

Hanoi, (VNA) - The following is a list of selected news summaries over the weekend by the Vietnam News Agency. – Prime Minister Pham Minh Chinh has ordered faster administration of the third and fourth doses of COVID-19 vaccine as part of measures against the unpredictable pandemic situation, especially when the sub-variant BA.5 has appeared in Vietnam and raised the risk of a new wave of coronavirus infections. According to the Government Office, to enhance pandemic control and create favourable conditions for socio-economic recovery and development, the Government leader has assigned Deputy PM Vu Duc Dam to continue directing the Ministry of Health, other ministries and sectors, and 63 provincial-level localities to drastically carry out anti-pandemic measures, especially accelerating COVID-19 vaccination. Read full story - National Assembly (NA) Chairman Vuong Dinh Hue's visits to Hungary and the UK from June 26-30 concluded successfully, thus greatly promoting the … [Read more...] about ☀ Morning digest on July 4