Vietnamese billionaires

The US-protected patents would ensure the firm’s success in the international market. Two new inventions of Viettel Aerospace Institute were granted patents in the US, the Viettel Military Industry and Telecoms Group announced on May 26. The exclusive protection has been granted by the United States Patent and Trademark Office (USPTO) for Viettel’s two inventions in the fields of optoelectronics and materials science. The first is a curved mirror optical system for medium wave thermal imaging devices that was created in 2017, addressing the issue of designing and manufacturing camera cores, thereby minimizing import. The second patent was granted to a method to manufacture composite materials that can withstand high temperatures and harsh conditions for military use. Viettel's engineers are doing research into technology solutions. Photo: Minh Tu Viettel has so far been granted 56 patents in Vietnam and 11 others in the US. According to the … [Read more...] about Vietnamese enterprise receives US exclusive protection for two patents

The visit, spanning from May 17-25, was delayed for two years due to the COVID-19 pandemic. During the visit, overseas Vietnamese (OV) were updated on information related to the daily life and working conditions of officers and soldiers on duty in Truong Sa (Spratly) island district and on DK1 platforms. Meanwhile, OVs were engaged in many activities, including presenting gifts to troops and local people in the island district, visiting schools, residents’ houses, and pagodas on cays, attending a flag-salute ceremony, offering incense to heroic martyrs and President Ho Chi Minh, to name but a few. Through the visit, OVs have had a better understanding of the national sea and islands, contributing to tightening the close ties between the military and the people, and Vietnamese people at home and abroad as well. According to Ambassador Ngo Huong Nam, the visit to Truong Sa island district and DK1 platforms motivated OVs to make more spiritual and material contribution to the home … [Read more...] about Overseas Vietnamese visit Truong Sa island district and DK1 platforms

Your browser does not support the audio element. A little girl has become an Internet sensation on Vietnamese social media after a video capturing her translating for her mother and a Vietnamese taxi driver went viral. In the video posted on Facebook by her mother last weekend, Swar Mnemosyne Ricafort, 6, translated her mother’s instructions for a Vietnamese taxi driver to reach a destination on Hai Ba Trung Street in District 1, Ho Chi Minh City. Gigi, her mother, is a Filipina who has been living in Vietnam for almost six years. “The taxi driver did not understand what I said so I asked her to translate. Otherwise we would not have been able to go anywhere. She knew that and had no option," Gigi told Tuoi Tre News on Wednesday. Ricafort speaks with the Vietnamese taxi driver in this viral video. But even Gigi was surprised by her daughter’s ability. “Then she started to speak in long Vietnamese sentences. I was so surprised that I thought I should film … [Read more...] about Little Filipino girl wins netizens’ heart with cute Vietnamese translation

Garment production for export at Kim Dung Textile and Garment Company in District 12, Ho Chi Minh City. (Photo: SGGP) Dependence on imported raw materials Ms. Nguyen Thi Tuyet Mai, Deputy General Secretary of the Vietnam Textile and Apparel Association, said that the total number of enterprises participating in the textile and garment sector in Vietnam, including foreign and domestic enterprises, is more than 7,000. Of which, only 18 percent of them produce fabric materials, 12 percent produce yarn, 2 percent produce other materials, and the rest are garment enterprises. This fact has put the textile industry in front of the challenge of unstable growth due to its dependence on imported raw materials. Currently, each year, Vietnam imports 100 percent of cotton with an estimated value of US$3.2 billion and 60 percent of fabric with an estimated value of $14 billion. The US is the largest cotton and fabric import market of Vietnam, followed by China, Japan, South Korea, and … [Read more...] about Vietnamese textile-garment industry strong but not stable

The elections were conducted within the framework of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)’s 78th session held in Bangkok from May 23 to 27. Vietnam is among the three and five countries with highest votes at CSAM and SIAP, respectively. The election of the General Statistics Office and VIAEP to the Governing Councils of SIAP and CSAM demonstrated ESCAP member countries’ high appreciation of Vietnam's contribution as well as its role and position in ESCAP. The participation of Vietnamese Deputy Prime Minister Vu Duc Dam and the Vietnamese delegation at the 78th Session of ESCAP on the occasion of the 75th anniversary of ESCAP's establishment (1947-2022) and 45 years of Vietnam's joining in the United Nations (1977-2022) showed the country's commitment and strong support for ESCAP's activities in a bid to promote sustainable development in the region. That was an important factor for countries to decide to support Vietnam. … [Read more...] about Vietnamese offices elected to SIAP and CSAM

Permanent Deputy Prime Minister Phạm Bình Minh has paid courtesy call to Japanese Prime Minister Kishida Fumio during the trip to Japan to attend the International Conference on the Future of Asia. — VNA/VNS Photo HÀ NỘI — During the visit to Japan, Permanent Deputy Prime Minister Phạm Bình Minh has paid courtesy calls to Japanese Prime Minister Kishida Fumio and several other Japanese high-ranking officials on May 26-27. During the meetings, Deputy PM Minh said Việt Nam always considers Japan as an extensive, reliable, and important strategic partner, hoping that the two sides would continue to implement important agreements and common understandings obtained during the official visits of PM Phạm Minh Chính and PM Kishida Fumio, contributing to the promotion of bilateral relations. The Deputy PM emphasised that as the two sides are reopening with the COVID-19 situation under control, Việt Nam and Japan must continue to exchange high-level delegations, especially through … [Read more...] about Vietnamese Deputy PM calls for investment from Japan in meeting with PM Kishida