PetroVietnam enjoys fruitful operation outcomes in five months
Illustrative image (Source: VNA)– Despite difficulties in the first five months of this year, the Vietnam Oil and Gas Group (PetroVietnam) managed to increase its production, contributing to ensuring national energy security.At a recent meeting, PetroVietnam General Director Le Manh Hung noted that the Russia-Ukraine conflicts have exceeded 100 days, causing a disruption in supply chains and pushing up the prices of energy and foods, as well as transportation, materials and equipment, affecting PetroVietnam’s operation.Meanwhile, the reserve of all old oil wells are falling, while the majority of newly-exploited wells are small in scale.However, with great efforts in maintaining and increasing its production, the firm’s May crude oil exploitation reached 0.92 million tonnes, exceeding its target for the month by 18 percent. The result pushed the production in the first five months of this year to 4.55 million tonnes, surpassing the plan by 22 percent and completing 52 percent of its yearly goal.The production and supply of other products such as gas, electricity and nitrogen were also high, meeting the market’s demand. Petroleum production (excluding the output of Nghi Son Refinery Plant) hit 578,900 tonnes in May and 2.79 million tonnes in the first five months, exceeding the target for the month by 6 percent, equivalent to 45 percent of the yearly target. Nitrogen production reached 150,200 tonnes in May and 776,400 tonnes in the first five months, he noted.Hung underlined that thanks to stable business and production operation, the firm enjoyed positive financial results.In the first five months of 2022, PetroVietnam’s revenue was estimated at 372.2 trillion VND (16 billion USD), exceeding the set target by 63 percent and fulfilling 67 percent of the yearly plan, representing a rise of 58 percent year on year. It paid 52.8 trillion VND to the State budget in the period, he added.Along with speeding up the implementation of major projects, including the Thai Binh 2 thermal power plant which was put into operation on May 12, PetroVietnam also strengthened international cooperation activities in oil and gas activities as well as energy transition and digital transformation, said Hung./.
Source:Viet Nam News
June 21, 2022 15:33 UTC
☕ Afternoon briefing on June 21
Read full story - Defence Minister Gen. Phan Van Giang is leading a high-ranking military delegation of Vietnam to attend the 16th ASEAN Defence Ministers' Meeting (ADMM) in Phnom Penh, Cambodia at the invitation of Cambodian Deputy Prime Minister and Defence Minister Gen. Read full story - A get-together for former experts of Ho Chi Minh City who assisted the Cambodian revolution in the 1979-1989 period was organised on June 21 as part of activities to celebrate the 55th founding anniversary of Vietnam – Cambodia diplomatic ties. The exhibition spotlights the lives of soldiers and locals and their desire and determination to safeguard the sovereignty of the country. Read full story - The techno-pop-rock band Gute Gute from Israel will 'salute' crowds in the capital at a free-entrance show titled The Israeli Dream Beat at the August Revolution Square in Hanoi on June 23. Read full story.
Source:Viet Nam News
June 21, 2022 13:00 UTC
Huge potential for HCM City to expand ties with India: City leader
Secretary of the Ho Chi Minh City Party’s Committee Nguyen Van Nen meets with Indian Vice President Venkaiah Naidu on June 20. (Photo: sggp.org.vn)Secretary of the Ho Chi Minh City Party’s Committee Nguyen Van Nen on June 20 had a meeting with Indian Vice President Venkaiah Naidu as part of his visit to India Welcoming Nen, Naidu, who is also Chairman of the Council of States of India, said 2022 is of significance to the Vietnam-India relations as the two countries are celebrating the 50th anniversary of their diplomatic ties this year (1972 – 2022).Given that Vietnam, including HCM City, boasts great advantages in agricultural production, Vice President Naidu wishes the two sides to further support and share experience with each other to develop agriculture and ensure food security in India.Nen, for his part, thanked the Government and people of India for their timely support for the southern city when it was battling the COVID-19 outbreak, saying the city has kept the virus at bay and been seeing strong socio-economic recovery. HCM City is standing firm as the main engine of the Vietnamese economy, he said.He went on to highly appreciate the Indian community in HCM City for playing a part in promoting Indian culture in Vietnam and strengthening the bilateral ties. There is huge potential for the two sides to expand cooperation in the fields of defence-security, trade, information technology, digital transformation, tourism, cultural exchange, and people-to-people diplomacy, the city leader said.HCM City is looking forward to fully unleashing potential for growing bilateral partnership in tourism after a direct flight has been launched between the two countries.Nen later paid a courtesy call to President of the Indian People’s Party Prakash Nadda during which they spent much of their time discussing about Party building.He later met with Indian Minister of External Affairs S. Jaishankar and paid a courtesy visit to Sitaram Yechury, general secretary of the Communist Party of India (Marxist)./.
Source:Viet Nam News
June 21, 2022 04:50 UTC
☀️ Morning digest on June 21
Nguyen Phuong Nga (right), President of the Vietnam Union of Friendship Organisations (VUFO), and Mozambican Assembly Speaker Esperanca Laurinda Francisco Nhiuane Bias (Photo: VNA)Vietnam’s CT Group opens its representative office in Tel Aviv, Israel on June 19. The opening ceremony sees two memoranda of understanding signed between CT Group and Israeli corporations. The meeting took place following the celebration of the 45th anniversary of Hun Sen’s journey to overthrow the Pol Pot genocidal regime. The decision was made during the ongoing 41st General Conference of UNESCO in Paris on November 23 last year. Read full story.
Source:Viet Nam News
June 21, 2022 02:50 UTC
Vietnam needs to ensure cyber security: experts
A conference on cyber security to protect key national informational systems was held in HCM City on June 17. (Photo: VNA)Vietnam need to focus on reinforcing its cyber security to protect important information systems of the State and businesses, experts said.Vietnam’s digital economy is expected to reach 43 billion USD by 2025. However, it has been facing many dangerous, complicated and large-scale cyberattacks The country is among the top 10 nations most exposed to cyber attacks and malware, and ranked seventh in terms of countries with the most cyber crime victims.Vietnam recorded nearly 5,500 instances of cyber attacks in the first five months of the year, including malware attacks, phishing attempts and website defacement (changing visual appearance of a website).During a conference on information security held on June 17, Colonel Do Minh Kim, deputy head of Office 3 of the Cyber Security and Hi-tech Crime Prevention Department under the Ministry of Public Security, said that there have been many Advanced Persistent Threats (APT) conducted against crucial information systems of the State and businesses.Cyber attacks mainly make use of security holes in routers, security software, online meeting applications, and public service portals.They have caused a tremendous amount of damage to businesses’ cyber security and operations, he said.“Implementing national security strategies, and developing more cyber security products and services for locals, businesses and organisations are very important. Ensuring cyber security is among Vietnam’s top priorities to facilitate digital transformation.”Nguyen Van Tuan, information security consultant from VNPT Information Technology Company, said that information security risks can come from data harvesting systems extracting data from databases.Businesses and organisations need to be able to quickly detect anything that accesses or queries into their databases that do not follow their information safety policies, and deal with them in a timely manner.Databases also need to be kept up-to-date so that they can quickly recognise information security risks and deploy countermeasures.The conference was held in Ho Chi Minh City by the Cyber Security and Hi-tech Crime Prevention Department and International Data Group Vietnam./.
Source:Viet Nam News
June 21, 2022 01:30 UTC
Vietnam remains a attractive investment destination for RoK
Vietnam has adopted an array of measures to improve its attraction of foreign direct investment, or FDI. This is a vivid illustration of Vietnam identifying infrastructure breakthroughs as new drivers of economic growth. Flexibility in policies to improve the investment climate and legal support have also helped boost investor confidence, making contributions to branching out the local economy. With robust signs of economic recovery, a stable political situation, sound control over the pandemic, and the hospitality of localities in key economic zones, Vietnam continues to be an ideal destination for investment from the country. Vietnam and the Republic of Korea are celebrating the 30th anniversary of diplomatic relations this year.
Source:Viet Nam News
June 20, 2022 14:41 UTC
UNCLOS significant to international peace, security: experts
Illustrative image (Photo: VNA)Ambassador Nguyen Hong Thao, member of the UN International Law Commission for 2023 - 2027, speaks at the talk show. (Photo: VNA)Participants in the talk show. Tran Cong Truc, former head of the Government’s boundary committee, said the convention opened up a new legal corridor for countries to base themselves on to protect and manage their rights and legitimate interests in the seas and oceans.Talking via videoconferencing, Prof. Carl Thayer, a leading researcher on UNCLOS and international maritime law from Australia’s University of New South Wales, said the feature that can be found only in UNCLOS is that this convention sets up a binding mechanism for settling disputes. With the National Assembly’s ratification on June 23, 1994, Vietnam clearly showed its will to exercise the rights within permissible limitations of UNCLOS, with other states’ freedom rights taken into consideration.Regarding Vietnam’s Law of the Sea, participants affirmed that the UNCLOS membership requires the country to issue a particular and overall law of the sea . That law, on the basis of UNCLOS and international law, was approved by the parliament on June 21, 2012 and took effect on January 1, 2013.This was an important milestone in the development of Vietnam’s legal system in general and the regulations on maritime issues in particular, they added./.
Source:Viet Nam News
June 20, 2022 05:03 UTC
☀️ Morning digest on June 20
Hanoi (VNA) - The following is a list of selected news summaries over the weekend by the Vietnam News Agency. This is the first visit to Vietnam by Esperanca Laurinda Francisco Nhiuane Bias in her current post since taking office in January 2020. It is also the first by a president of Mozambique’s legislative body to promote joint works between the two parliaments. Read full story- A meeting of the Vietnam-Cambodia Joint Committee on Land Border Demarcation and Marker Planting at chair level took place in Phnom Penh, Cambodia from June 13-17. Read full story- Vietnam won a gold medal at the 17th Aerobic Gymnastics World Championship which concluded on June 18 in Guimaraes, Portugal.
Source:Viet Nam News
June 20, 2022 02:32 UTC
VIETNAM NEWS HEADLINES JUNE 19
These pilot projects focused on researching and implementing solutions to the plastic waste problem and improving the collection, sorting and recycling of plastic waste inland and in ports. Vietnam is currently one of the top countries discharging plastic waste into the ocean. 80 percent of plastic waste in Vietnam comes from inland, and only 20 percent comes from fisheries. As Vietnam is committed to solving plastic waste, the country has legalised many aspects of the solution to these problems, and the government have set a goal to reduce plastic waste in the ocean by 2030. The proposals given by Vietnam at the meeting will become the common assets of Vietnam and India during their future partnership, he stated.
Source:Viet Nam News
June 19, 2022 17:09 UTC
Vietnamese throw away 54 kilograms of plastic waste yearly
"Rethinking Plastics" helped policymakers build strategies for improving plastic waste management, as well as sustainable consumption and production of plastics and ways to deal with plastic waste in the ocean. 80 percent of plastic waste in Vietnam comes from inland, and only 20 percent comes from fisheries.As Vietnam is committed to solving plastic waste, the country has legalised many aspects of the solution to these problems, and the government have set a goal to reduce plastic waste in the ocean by 2030. "Plastic waste affects all of us," said Astrid Schomaker, Director-General of Green Diplomacy and Multilateralism of the European Commission. Through the project, we have collaborated closely with government agencies of Vietnam to share our experiences and help Vietnam alleviate the threat of plastic waste in the ocean. "We hope that these activities can open up new ideas and policies that help reduce waste, improve the quality of recycling, and support the procedures that are related to the design, transport, distribution, consumption, management and handling of plastic waste in Vietnam.
Source:Viet Nam News
June 19, 2022 14:30 UTC
Bac Lieu shifts to organic rice farming
An integrated rice-shrimp farm in Hong Dan district in Bac Lieu . (Photo: VNA)Bac Lieu (VNA) – The transition to organic farming has emerged as an effective solution for the Mekong Delta province of Bac Lieu to cut costs and promote sustainable agricultural production. The province is believed to have what it takes to expand organic farming as it is home to more than 40,000 hectares of agricultural areas cultivated under the “Fragrant rice – Clean shrimp” production model that applies organic practices. Ba Dinh Cooperative in Vinh Loc A commune in Hong Dan district is among the pioneers of organic rice farming. All members of the cooperative have adopted the integrated rice-shrimp farming model, said its director Nong Van Thach, adding that they focus specially on organic practices for rice cultivation.
Source:Viet Nam News
June 19, 2022 09:21 UTC
Large room for Vietnam’s dairy farming industry to flourish
Production of yogurt at a dairy cow farming cooperative in Tam Dao, Vinh Phuc. According to the Vietnam Dairy Association, the dairy industry generated more than 119.38 trillion VND (5.14 billion USD) in revenue last year, up around 5 percent from 2020. The dairy cow farming industry is thriving with annual productivity averaging 5,300 kg of milk per cow. Vietnam is staying ahead of its regional peers in industrialisation of livestock and dairy farming, he added. There is large room for the dairy farming sector to grow further in Vietnam, said Assoc.
Source:Viet Nam News
June 19, 2022 09:06 UTC
Development of e-contracts in Vietnam crucial to digital economy
A ceremony was held on the sideline of the conference to announce the development axis of Vietnam e-contracts (www.CeCA.gov.vn). Of them, six businesses have conducted surveys and joined the axis to ensure requirements to meet business criteria and technical standards of e-contracts development.Particularly, each e-contract transaction will be closely attached to regulations on dispute settlement, complaints and handling of problems arising in signing and implementing e-contracts. This will help businesses, organisations, individuals, and third parties have a reliable intermediary agency to solve problems in signing e-contracts.After the issuance of Circular No. 01/2022/TT-BCT of the Ministry of Industry and Trade, amending and supplementing the Ministry of Industry and Trade’s Circular No. 47/2014/TT-BCT on the management of e-commerce websites, and the Ministry of Industry and Trade’s Circular No.
Source:Viet Nam News
June 18, 2022 16:04 UTC
Vietnam spreads peace, cooperation message at SAIFMM: Ambassador
– Vietnam delivered a message of peace, cooperation and dialogue to all countries in the region and the world through the Special ASEAN-India Foreign Ministers’ Meeting (SAIFMM), which was held in New Delhi on June 16, stated Ambassador Vu Ho, acting head of SOM ASEAN Vietnam in an interview granted to the Vietnam News Agency following the event.Vietnamese Foreign Minister Bui Thanh Son showed active and positive engagement in all activities of the meeting, highlighting the spirit of Vietnam at the event and bringing to India a spirit of the 50-year-ties with the meeting’s host, he said.Ho said that the Vietnamese FM’s speech at the event focused on the promotion of the close partnership between India and ASEAN as well as Vietnam in all issues of the region, making full use of the reached achievements and optimising the collaboration potential between India and ASEAN in general and Vietnam in particular for lifting the ties to a new height.At the meeting, FM Son clearly affirmed Vietnam’s standpoints on all regional and international matters as well as disputes and competitions among world powers, and emerging issues in the region such as the East Sea and Myanmar issues, he said, adding that the Vietnamese representative even mentioned conflicts in other regions in the world.According to Ambassador Ho, while making positive contributions to the meeting, Vietnam spread the message of its Party and State to the all circles of India after the 13th National Party Congress, especially when FM Son attended the 12th Delhi Dialogue, an important dialogue of the South Asian region on policy-related matters held in parallel with the SAIFMM.Ho said he believes that Vietnam’s contributions to the success of the SAIFMM will be further promoted in the future. The proposals given by Vietnam at the meeting will become the common assets of Vietnam and India during their future partnership, he stated.According to Ambassador Ho, the SAIFMM carried special meaning, as it marked the 30th anniversary of the ASEAN-India relationship, and was the first of its kind held in in-person format after a long disruption due to COVID-19.It gave a chance for all parties to evaluate regional and international situation as well as recent complicated developments, thus sketching out future orientations for the ASEAN-India cooperation.Mentioning major outcomes of the SAIFMM, Ambassador Ho said that one of the important successes of the meeting is helping both sides clearly see the values of cooperation and dialogue, thus working together for peace, stability and prosperity in the region.Meanwhile, on the foundation of the long-standing relationship between Southeast Asian countries and India, it could be seen that both sides are keen on lifting their partnership to new height, he said, noting that ASEAN and India are currently sharing a strategic partnership.Amidst the complicated regional and global situation, the spirit of dialogue and cooperation must be maintained, which is the major message of the meeting, he underlined.Another success of the meeting is the parties’ review of all of their cooperation activities over the past time, especially during the COVID-19 period, said the diplomat.He held that the ASEAN-India future cooperation orientations will concentrate on optimising all achieved outcomes and great potential of both sides, including the potential in economic collaboration between the 2-billion-strong ASEAN and India markets with a combined GDP of nearly 6 trillion USD.Ambassador Ho also highlighted the meeting’s success in affirming the countries’ determination to maintain peace and stability in the region through dialogue, negotiation and trust-building. Both ASEAN countries and India committed to using dialogue and cooperation to deal with disagreements and contradictions in relations among states and countries, he added.In conclusion, he stated that the SAIFMM transferred a message of straightforward dialogue, sincere cooperation and harmony of all interests./.
Source:Viet Nam News
June 18, 2022 10:05 UTC
Vietnam celebrates 200th birthday of blind poet
A painting from the book Luc Van Tien (The Tale of Luc Van Tien), an epic poem with 2,076 lines by late poet and teacher Nguyễn Đình Chiểu (1822 – 1888), one of the country’s leading writers in the 19th century. Topics of love, loyalty, bravery and fair justice are featured.The epic is used in textbooks for secondary high school students. It includes useful information and knowledge on traditional Vietnamese medicine.In Ben Tre province, a ceremony to honour and celebrate Chieu’s 200th birthday will take place on July 1 at the Nguyen Dinh Chieu Temple, where the tomb and monument of the poet are located. Drama shows will be also staged.The highlighted show will be Tien Nga (Fairy Tale), a musical play based on Chieu’s Luc Van Tien, by talented artists of the private drama theatre IDECAF of HCM City.The play is about the life of Luc Van Tien, a poor student who travels to the capital to take a civil service examination for mandarins. He rescues Kieu Nguyet Nga, a beautiful woman from a wealthy family, from a robbery.
Source:VietNamNet News
June 18, 2022 09:34 UTC