Vietnam 67 new york times

An advertisement for corporate bonds. (Photo: baodautu.vn) Hanoi (VNA) - After strong growth in the previous quarter, Vietnam’s currency bond market contracted 0.2% due to a decline in the Government bond market and slower growth in corporate bonds. On an annual basis, the market increased 21.1% to 97.4 billion USD. The information was released in a recent report by the Asian Development Bank (ADB). The country's Government bonds contracted 2% as the outstanding stock of central bank bills fell 70.3% from the previous quarter. Outstanding government bonds reached 67.3 billion USD. Expansion of corporate bonds moderated to 4.1% from the previous quarter, putting the segment at 30.1 billion USD. The report said that aggressive monetary tightening in advanced economies has pushed up bond yields and worsened the downturn of financial conditions in emerging East Asia. Regional currencies fell against the US dollar, equities dropped, and risk premiums widened between … [Read more...] about Vietnam’s bond market contracts amid monetary tightening

In the first 10 months, the textile and garment industry recorded about 38 billion USD in export value, up 17.2 per cent year-on-year. (Photo: moit.gov.vn) Hanoi (VNS/VNA) - The Vietnam Textile and Apparel Association (VITAS) has set a goal of helping Vietnam's textile and garment industry be more environmentally friendly by 2030. By 2023, the industry plans to reduce energy consumption by 15% and water consumption by 20%. Green growth is an important part of sustainable development. In recent years, enterprises in the textile - garment - footwear industries have paid special attention to this issue. According to Truong Van Cam, VITA's general secretary, a greener textile and garment industry not only contributes to implementing the national strategy on green growth but also fulfils the requirements of large textile and garment import markets in the world, such as the European Union (EU). Vietnamese textile-garment and leather-footwear firms need to improve the … [Read more...] about Vietnam to reduce environmental impact of textile-garment industry by 2030

President Nguyen Xuan Phuc (R) greets representatives from organizations of Republic of Korea citizens on December 1. (Photo: VNA) At the meeting, RoK Ambassador to Vietnam Oh Young-ju said the RoK attaches special importance to the friendly and cooperative relationship with Vietnam, and has high expectations of President Phuc’s visit that it would open up new opportunities for bilateral cooperation in various fields, especially a cooperation framework for a mineral supply chain. Participants shared the view that the Vietnam-RoK strategic cooperative partnership is developing strongly, and people-to-people exchanges are also flourishing, with the Vietnam-RoK Friendship Association and RoK-Vietnam Friendship Association playing a prominent role. The representatives from the organizations of RoK citizens in Vietnam expressed their hope that President Phuc and relevant agencies always support the RoK community in Vietnam and further facilitate investment and business activities of … [Read more...] about President hosts representatives from organizations of Koreans in Vietnam

President Nguyen Xuan Phuc (R) greets representatives from organisations of Republic of Korea citizens on December 1. (Photo: VNA) Hanoi (VNA) – President Nguyen Xuan Phuc met with representatives from organisations of Republic of Korea citizens living and working in Vietnam on December 1, ahead of his State-level visit to the RoK at the invitation of his counterpart Yoon Suk-yeol . At the meeting, RoK Ambassador to Vietnam Oh Young-ju said the RoK attaches special importance to the friendly and cooperative relationship with Vietnam, and has high expectations of President Phuc’s visit that it would open up new opportunities for bilateral cooperation in various fields, especially a cooperation framework for a mineral supply chain. Participants shared the view that the Vietnam-RoK strategic cooperative partnership is developing strongly, and people-to-people exchanges are also flourishing, with the Vietnam-RoK Friendship Association and RoK-Vietnam Friendship … [Read more...] about President hosts representatives from organisations of Koreans in Vietnam

Bespin Global, a cloud delivery platform company, has announced that its Vietnamese subsidiary ‘Bespin Global Vietnam’, signed an MOU with Daewoo E&C’s Vietnamese subsidiary ‘THT Development’ and 'PI.EXCHANGE', a deep-tech company based in Vietnam and Australia, to develop the AI capability for the 'THT-BESPIN Smart City Hub' for Starlake City, Hanoi, Vietnam. Mr. Kim Tae Ho - Country Director of Bespin Global Vietnam, Mr. Quan Pham - CEO and Founder of PI.EXCHANGE, and Mr. Kwun Myeong Jun - President of Daewoo E&C’s THT at the signing ceremony. The event saw the attendance of Mr. Kim Tae Ho - Country Director of Bespin Global Vietnam, Mr. Quan Pham - CEO and Founder of PI.EXCHANGE, and Mr. Kwun Myeong Jun - President of Daewoo E&C’s THT. The MOU signing ceremony, which took place on November 29 at Starlake ICCC, Hanoi was a milestone in this strategic partnership. The partnership with PI.EXCHANGE is to provide the AI foundation for the Smart City … [Read more...] about THT Development and Bespin Global Vietnam use PI.EXCHANGE platform to develop Smart City Hub AI

Nonprofits Save Vietnam’s Wildlife and GreenViet have recently found 10 herds of 104 endangered gray-shanked douc langurs after surveying ten forests in Ba To District in the central province of Quang Ngai. “These are very rare douc langurs that need urgent conservation,” said Ngo Vinh Phong, head of the Quang Ngai Forest Protection Department. They are included in the International Union for Conservation of Nature Red List of threatened species. In the world, the gray-shanked douc langur is only found in Vietnam, Laos, and Cambodia, according to Tran Huu Vy, director of GreenViet. An endangered gray-shanked douc langur and its offspring are seen in Ba To District, Quang Ngai Province, Vietnam. Photo: Hoang Quoc Huy / Tuoi Tre In Vietnam, it is estimated that there are only 2,200 - 2,500 gray-shanked douc langurs in the wild, distributed in Gia Lai, Kon Tum, Phu Yen, Binh Dinh, Quang Nam, and Quang Ngai Provinces. Vy and many experts are calling for the … [Read more...] about More endangered gray-shanked douc langurs found in central Vietnam