Hanoi (VNA) - The Philippine Tariff Commission (TC) has announced the final conclusion on a safeguard investigation on High-Density Polyethylene (HDPE) pellets imported from many countries, including Vietnam . According to the Vietnamese Ministry of Industry and Trade (MoIT)'s Trade Remedies Authority, TC proposed the imposition of 2% safeguarding duties on the product within three years to prevent the adverse impacts caused by imported HDPE pellets on the domestic production. However, the authority said that the HDPE pellets imported from Vietnam is not subject to the tax rate, as Vietnam is on the list of developing countries with the import volume of under 3%. In the next two weeks, the Philippine Department of Trade and Industry (DTI) will give an official decision on the issue. On June 3, DTI decided not to impose any safeguarding duties on Linear Low-Density Polyethylene (LLDPE) pellets imported from Vietnam as there was no increase in imports of LLDPE pellets … [Read more...] about Vietnam’s HDPE pellets not subject to safeguarding duties in Philippines
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HCMC, VNU-HCMC sign cooperation program for socio-economic development
The People’s Committee of HCMC and Vietnam National University–HCMC (VNU-HCMC) sign a cooperation program in various areas in the 2022-2025 period. (Photo: SGGP) The program aims to serve the goals of socio-economic development and integration of the city and the southern key economic region in the 2022-2025 period, and implement VNU-HCMC’s main missions in researching, training and serving the community. The cooperation program includes human resource training and development in the fields of IT, AI, urban management, mechanical and automation engineering, business management, finance and banking, health and tourism; scientific research and socio-economic development allowing VNU-HCMC to participate in the city’s key science and technology missions, seek measures for the development of culture and sports, study automation technology application of infrastructure management and operation, assess the social impacts caused by flooding and seek solutions to improve environment; … [Read more...] about HCMC, VNU-HCMC sign cooperation program for socio-economic development
Vietnam to use small satellites to build capacity in Earth observation
Engineers at VNSC are building a small satellite. (Photo: VNSC) Hanoi (VNA) – Potential plans and roadmaps were proposed to build national capacity in Earth observation using small satellite systems during a seminar held by the Vietnam National Space Centre (VNSC) at the Vietnam Academy of Science and Technology (VAST) in Hanoi on June 30. In his remarks, VNSC General Director Assoc. Prof., Dr. Pham Anh Tuan said the Government in February 2021 announced a strategy for the development and application of aerospace science and technology by 2030, aiming to utilise achievements in the fields to address defence and security issues, strengthen management of environment and natural resources, monitor natural disasters and minimise their impacts, and provide related services for people. This seminar forms part of the efforts to translate the strategy into reality, according to Tuan. The seminar is held by the Vietnam National Space Centre (VNSC) at the Vietnam … [Read more...] about Vietnam to use small satellites to build capacity in Earth observation
Da Nang offering preferential policies to attract investors
The Lien Chieu deep-water port project, on a planned area of about 450 hectares, will be the largest container port in the central region upon completion and be capable of berthing container vessels of up to 8,000 TEUs. The project consists of 2 components, with an implementation period from 2021 to 2025. Da Nang is now calling for investment in the project and offering incentives. “Port infrastructure investment is among the categories subject to incentives. Projects with investment of over 30 trillion VND will enjoy special investment incentives. We are developing a bidding plan and attempting to get construction underway this year,” said Le Thanh Hung, Director of the Management Board for Da Nang’s Priority Infrastructure Investment Projects. Considered a highlight of Da Nang’s investment attraction efforts, its Hi-Tech Park has been attracting a host of projects, in particular foreign investment focusing on information technology and high-tech industry. Luong Van Quang, … [Read more...] about Da Nang offering preferential policies to attract investors
Bright outlook predicted for rice exports
Vietnam exports nearly 2.77 million tonnes of milled rice in the first five months of 2022. (Photo: VNA) Hanoi (VNA) – As many countries in the world have limited food exports to guarantee domestic food security , rice – a staple in most of Asia – is forecast to witness surging prices in the time ahead, which is said to be a chance for Vietnam – one of the world’s largest rice exporters. Vu Thi Hue, head of the export - import division of the Dai Duong Xanh Export - Import Co. Ltd, said while lower wheat output and higher production costs have forced many countries to seek alternatives, rice is a suitable choice with good prices. So a bright prospect could be seen for both export volume and prices in the time ahead. In the first five months of 2022, nearly 2.77 million tonnes of milled rice worth over 1.35 billion USD were shipped abroad, rising 6.6% in volume but declining 4% in value year on year, according to preliminary data from the General Department of Vietnam … [Read more...] about Bright outlook predicted for rice exports
Prime Minister Pham Minh Chinh visits Dak Lak province
He also urged the forces to contribute to the implementation of the 9th Politburo's Resolution No.10-NQ/TW dated January 18, 2002 and Conclusion No.12-NQ/TW dated October 24, 2011 on socio-economic development in the Central Highlands. On this occasion, the PM also visited the local police force, asking them to provide more consultancy for all-level authorities, and further contribute to the fight against corruption and other negative phenomenon. The leader presented gifts to 97-year-old Heroic Vietnamese Mother Vo Thi Hong in Tan Hoa ward, and 73-year-old war invalid Nguyen Quynh in Tan Loi ward, Buon Ma Thuot city, on the occasion of Wounded and Fallen Soldiers' Day (July 27). Later the same day, he made a field trip to the final section of Khanh Hoa - Buon Ma Thuot expressway, which, he said, is of significance as it connects the Central Highlands and the south-central coastal region. PM Chinh asked consulting units and relevant sides to work around the clock to ensure the … [Read more...] about Prime Minister Pham Minh Chinh visits Dak Lak province