Talented-young chess player Nguyen Anh Khoi (Photo: Kha Hoa/Thanh Nien) The Vietnamese team finished in first in the standard chess category which concluded on June 16. Talented-young chess player Nguyen Anh Khoi enjoyed a number of impressive performances at the tournament, with eight wins and one draw. He earned a total of 8.5 points, one point higher than the second-ranked player Miciano John Marvin of the Philippines. Photo: Truong Duc Chien/Thanh Nien Khoi earned the additional standard of the International Grandmaster title following the tournament. The positive result helped the youngster gain three standards and he has been named among the top players with an Elo rating over 2,500 to officially obtain the title of International Grandmaster. Other chess players, including U16 Dao Minh Nhat, U12 Hoang Minh Hieu, U10 Nguyen Thai Son, and U8 Nguyen Manh Duc, also gained significant achievements. Female chess players, such as U16 Bach Ngoc Thuy Duong, U12 Nguyen … [Read more...] about Vietnamese players win big at ASEAN+ Age-Group Chess Championship
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The facility, to enable Tan Long Group JSC (Tan Long Group)—a market leader in soft commodity trading—to diversify the procurement of agri-commodities, is part of IFC’s Global Warehouse Finance Programme (GWFP) that increases available financing to agricultural producers and traders in agricultural countries such as Vietnam. Underpinning the deal is a 50:50 risk-sharing partnership between IFC and VPBank, with each participating in risk for up to $25 million on an unfunded basis covering half of every eligible transaction under the facility. “Diversifying trade finance products will help realise VPBank’s strategy of becoming a leading SME bank over the next five years, with supporting local importers and exporters as a pillar,” said Dinh Van Nho, VPBank deputy chief executive officer cum head of Corporate Banking Division. This partnership is expected to have a significant development impact on the animal protein value chain in Vietnam—an … [Read more...] about Unlock further agri-financing opportunities for processing firms
Deputy Prime Minister Vuong Dinh Hue (R) and Chairman of the Pacific Century Group Richard Li (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Vuong Dinh Hue has proposed FWD Insurance of the Pacific Century Group participate in green financial funds for start-up and innovation projects in Vietnam. He made the recommendation while receiving Chairman of the group Richard Li in Hanoi on November 12. The Deputy PM also asked the FWD to consider investing in green G-bonds and join insurance for renewable energy projects. Li said his group is keen to invest in Government bonds in Vietnam and has selected the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) as its partner due to the bank’s financial strength and good growth. The FWD will focus on investment for Vietnamese start-up firms in the coming time, he affirmed. Deputy PM Hue said the cooperation with Vietcombank - one of the leading commercial banks in Vietnam - will help the … [Read more...] about Deputy PM asks FWD Insurance to invest in start-up projects in Vietnam
She returned to Vietnam in August after Chinese authorities raided and deported undocumented immigrants. More about how she returned later. Cut to the present. In a countryside garment factory in the northern Bac Giang Province, Bien sits beside a bunch of red cloth bags. Around her dozens of other workers are making bags on sewing machines, but not Bien: Her job is to affix the company label on the bags, and she gets less than VND100,000 ($4.32) a day for it. She was given that job after failing to learn sewing despite eight days of training at the factory. "It's too difficult, I can't sew," she says. Bien is one of many Vietnamese trafficking victims rescued from China who returned lost, damaged, with little assurance their life would ever go back to the normal old days. Before being trafficked to China, she had been quite resourceful, working her family's rice field in Dong Lo Commune in Bac Giang while also attending a babysitting class. On October 2, 1991, when she was 23, Bien … [Read more...] about The plight of human trafficking survivors: Back from hell but to what?
Minister of Industry and Trade Tran Tuan Anh (R) and Minister of Agriculture and Rural Development Nguyen Xuan Cuong (C) at the conference on the EVFTA held in Ho Chi Minh City on August 21 (Photo: VNA) HCM City (VNA) – Overcoming tariff barriers doesn’t mean Vietnamese good and services can easily enter the European Union (EU), but they still have to satisfy strict non-tariff requirements of what is one of the world’s most demanding markets, according to Minister of Industry and Trade Tran Tuan Anh. The EU-Vietnam Free Trade Agreement (EVFTA) was signed in Hanoi on June 30. Once taking effect, it will eliminate 99 percent of the import tariff lines between the two sides in 7-10 years. This is the highest commitment level Vietnam has received among the FTAs it has inked. Notably, many commodities will benefit from the zero-percent tariffs immediately after the deal becomes effective such as coffee, peppercorn, honey and aquatic products. At a conference … [Read more...] about Tariff removal doesn’t mean easy entrance into EU market: minister