Vietnam calls for dialogue to end nuclear threat

The 10th Review Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) is underway in New York from August 1 - 26. (Photo: AFP/VNA)Countries must step up cooperation and dialogue, and strengthen mutual understanding for a common cause of eliminating nuclear threat , Deputy Minister of Foreign Affairs Ha Kim Ngoc told a New York conference.The 10th Review Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) was opened at the United Nations headquarters on August 1 after being postponed for more than 2 years because of COVID-19.Vietnam’s consistent policy on promoting the balance of all three elements of the treaty – non-proliferation, disarmament, and peaceful use of nuclear energy, Ngoc reiterated, adding nuclear-weapon states are obliged to make progress on disarmament.He emphasised that Vietnam has taken the treaty seriously and fulfilled its national obligations under the NPT and other international agreements in the field, including the Treaty of Southeast Asia Nuclear Weapon-Free Zone (SEANWFZ) and UN Security Council resolutions, contributing to maintaining global and regional peace.Funds should be allocated for applying nuclear technology to such challenges as food and energy security, epidemics and climate change.Opened for signature in 1968, the NPT entered into force in 1970. It was extended indefinitely in 1995. A total of 191 states have joined the treaty, including five nuclear-weapon statesThe NPT review conference is held every five years to accelerate the enforcement of the treaty and increase its universality.This year’s conference is taking place from August 1 – 26./.

August 02, 2022 04:09 UTC


Vietnam attends Mekong-Ganga Senior Officials' Meeting

Representatives of the participating countries attend the Mekong-Ganga Senior Officials' Meeting. (Photo: VNA)- A Vietnamese delegation joined others of Cambodia, Laos, Myanmar, Thailand, and India in the Mekong-Ganga Senior Officials' Meeting in Phnom Penh, Cambodia, on August 1.During the event, the Vietnamese delegation proposed Mekong- Ganga Cooperation (MGC) in the post-COVID-19 period, concentrating on promoting economic recovery; supporting micro, small and medium-sized enterprises (MSMEs) to participate in global supply chains; speeding up digital transformation, and developing information technology infrastructure towards developing smart tourism; strengthening community health capacity and ensuring equitable and sustainable access to vaccines, drugs and medical equipment; and sharing information and experience in sustainable management of water resources.Participants spoke highly of the positive contributions of the MGC mechanism to peace, development and prosperity in the region, especially when MGC member countries are facing many challenges.The MGC member countries have implemented a variety of capacity building projects and programmes in areas such as public health and response to the COVID-19 pandemic, trade and investment facilitation, promoting connectivity, training human resources, preserving cultural heritage and supporting people's livelihoods.The participants discussed priority areas to accelerate the implementation of the MGC Action Plan for the 2019-2022 period after the interruption due to COVID-19, focusing on expanding the India - Myanmar - Thailand expressway to Cambodia, Laos and Vietnam; developing human resources in information technology, digital transformation, innovation and advanced science; improving the health system, and vaccine research and development.They also suggested enhancing mutual understanding among the peoples of MGC countries through cultural and sports exchange and tourism and communication activities.The Mekong -Ganga Cooperation (MGC) is an initiative by India and five ASEAN countries for cooperation in tourism, culture, education, as well as transport and communications/.

August 02, 2022 03:18 UTC


Vietnam's textile industry works on materials traceability for exports

Workers prepare textile products for export to Japan. (Photo: VNA)- Vietnam's textile industry is working on adapting to new requests for materials traceability from international markets According to experts in the textile industry, many companies right now are facing great difficulty with the high demand for traceability of raw materials in multiple parts.If companies want to trade in markets with whom Vietnam has signed a Free Trade Agreement (FTA), they have to ensure that the materials that are used to make their products are in line with the FTA environmental regulations in the importing countries.Officials of the textile industry are currently working with the Ministry of Industry and Trade to build industrial compounds with wastewater treatment systems to ensure environmental protection.Textile companies, especially those who are original design manufacturers (ODM), should carefully research Vietnam and the importing countries' traceability rules and standards.ODMs are those that will be responsible for the direct development of the goods, purchasing raw materials, manufacturing the products, and then selling the products to other brands.Vo Manh Hung, head representative of Cotton Council International (CCI) in Vietnam, said that cotton traceability is something that every company must account for when bringing their product to the world.Currently, there are a lot of brands requesting that all their products have to be produced with sustainable cotton materials by 2030.Truong Van Cam, Deputy Director of Vietnam Textile and Apparel Association (VITAS), said that if the industry wants to sustainably develop, companies will have to invest in sustainable development themselves and bring back economic benefits to the industry.The industry has significantly contributed to Vietnam’s economic growth and exports.In particular, in the first half of 2022, the industry's export revenue reached 22 billion USD, up 23% compared to the same period last year.The textile industry is one of the key manufacturing industries of Vietnam’s economy, accounting for 12-16% of the country’s total export turnover. This industry also helps to create many jobs for labourers.Digital transformation plays an important role in improving the competitiveness of textile and apparel businesses, and businesses need to adopt it, a conference heard in HCM City late last week.Nguyen Thi Tuyet Mai, Deputy General Secretary of the Vietnam Textile and Apparel Association, said more and more international textile and apparel companies are pursuing green production, which is posing a great challenge to Vietnam ’s textile industry Vietnamese businesses also need to satisfy transparency requirements related to origin, domestic material use, labour, and environment commitments, she said.Other experts told the conference that digital transformation is essential for improving businesses’ competitiveness, allowing them to meet customers’ demands related to quality and transparency.Businesses should look at investing in technologies such as artificial intelligence and automation to improve production capability, and in training their workforce to use them, they said.However, Mai said: “80% of businesses in the field are small- to medium-sized, and so they have limited access to capital needed for digital transformation and green production.”The conference was held as part of the International Exhibition of Textile and Garments and Fabric and Garment Accessories (SaigonTex & SaigonFabric) being held at the Saigon Exhibition and Convention Centre in District 7 until August 6./.

August 01, 2022 10:29 UTC


Vietnam posts two-fold growth in agricultural trade surplus in 7 months

Vietnamese fresh coconuts exported to Japan (Photo: VNA)- Vietnam's import-export value of agricultural, forestry and aquatic products reached 58.3 billion USD in the first seven months of 2022, a year-on-year increase of 7.2%, according to the Ministry of Agriculture and Rural Development.Revenue of these exports was estimated at 32.3 billion USD, up 12.2% year-on-year, while imports was estimated at 26 billion USD, up 1.6%.So far this year, Vietnam has enjoyed about 6.3 billion USD in trade surplus in agriculture, forestry and fishery products, nearly doubling that the same period in 2021.From January-July, shipments of key agricultural products totalled 13.3 billion USD, up 8.4%. Aquatic exports saw a significant surge of 34.2% to nearly 6.7 billion USD. Forestry exports also increased 1.3% to 10.4 billion USD during the period.There were four exports whose value reached over 2 billion USD, namely coffee, rice, shrimp, and wood products.Exports posting high growth included coffee (46.2%), rubber (7%), rice (9%), pepper (11.7%), tra fish (83.6%), and shrimp (26.2%).In the reviewed period, the export value of Vietnam 's agriculture, forestry and fishery products to markets in Asia accounted for 42.4% of the market share, followed by the Americas (29.3%), Europe (11.9%), Oceania (1.7%), and Africa (1.6%).The US remained Vietnam’s biggest buyer, purchasing nearly 8.7 billion USD worth of the products, or 26.8% of the total.It was followed by China, with import value of 5.7 billion USD, accounting for 17.8 percent of the total./.

July 31, 2022 09:55 UTC


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