PM stresses urgent need for keeping power supply, demand balanced

– Prime Minister Pham Minh Chinh chaired a meeting in Hanoi on April 3 to look into the electricity supply and the provision of coal and gas for power generation.Pointing out a soaring power demand as a result of the socio-economic development and post-pandemic recovery, the Government leader said ministries, sectors, and agencies have yet to act drastically enough to carry out his official dispatch, issued on December 24 last year, on economical and efficient power use and power supply in 2022 and beyond.He said in 2021 and the first quarter of 2022, electricity supply and demand have been guaranteed, but power shortages occurred in some places and at certain points of time.PM Chinh underlined the critical importance of keeping the power supply-demand balance in the time ahead, given complicated external factors and the economy’s demand.He asked all-level authorities, sectors, and relevant agencies to improve their sense of responsibility, proactively take measures for ensuring the power supply with reasonable prices for economic and daily activities, and easing dependence on foreign electricity sources.In the long run, it is necessary to boost sustainable energy development and power generation, step up power saving solutions, encourage domestic electricity production, facilitate innovation to achieve low-cost, safe, and effective power generation , and properly handle the relationship between input materials and power prices.The PM also demanded authorities and businesses to continue a close watch on the market to make appropriate adjustments, work closely together to ensure effective power generation and supply, and overhaul mechanisms and policies on power, coal, and gas production to safeguard energy security.At the meeting, the Vietnam Electricity (EVN) group said power supply will be basically ensured for the southern and central regions from now to 2025. Meanwhile, demand in the northern region, which accounts for nearly 50 percent of the country’s total, will rise faster than the national average.However, the new generation sources that are set to be operational each year during 2022 - 2025 will continually be lower than the growth in power demand, which may lead to electricity shortages during May - July, the peak period of hot weather and also the dry season - when hydropower plants’ capacity may decline, the firm added./.

April 03, 2022 16:45 UTC


Vietnam, Slovakia seek opportunities to promote cooperation, investment

Vietnamese Ambassador to Slovakia Nguyen Tuan (R) and Chairman of the Slovak National Council's Economic Affairs Committee Peter Kremsky (Photo: VNA)Vietnamese Ambassador to Slovakia Nguyen Tuan on April 1 received a delegation of the Slovak National Council, led by Chairman of its Economic Affairs Committee Peter Kremsky, to discuss economic cooperation between the two countries in the time to come.At the meeting, the Vietnamese diplomat expressed his hope that the Slovak parliament, government, and competent agencies will support collaboration activities between the countries and that the Slovak National Council will soon ratify the EU-Vietnam Investment Protection Agreement (EVIPA).For his part, Kremsky said the relations between his nation and Vietnam – which he considers a nation with importance regional role and having strengths in terms of natural and human resources – are yet to be on par with the sides’ potential.Highlighting Slovakia ’s consulting, construction and operation experience in the field of thermal power, hydroelectricity, and nuclear power, he stated his nation wants to cooperate with Vietnam in these sectors and welcomes Vietnamese investors.The official informed that due to the impact of the current conflict in Ukraine, Slovakia is looking for alternative energy sources to reduce dependence on Russian energy sources.He mentioned Vietnam ese automaker VinFast, which has recently invested in building an electric vehicle (EV) manufacturing factory in North America, and suggested that Vinfast consider Slovakia as its next investment destination, as Slovakia is a car production hub in Europe.Kremsky said he is willing to collaborate with and assist Vietnamese investors in administration procedures./.

April 02, 2022 16:26 UTC


Made-in-Vietnam biodegradable materials to be sold in North America

Made-in-Vietnam biodegradable materials to be sold in North America (Photo: baodautu.vnVNA- Biodegradable plastic materials meeting strict international standards produced by An Phat Holdings (APH) of Vietnam will be distributed throughout North America in the coming time.AFC Ecoplastics, a new member of An Phat Holdings (APH) based in Texas, the US, will cooperate with Nexeo Plastics – a global thermoplastics resin distributor – to sell the bioplastics in Canada, Mexico and the US.These bio-compounds meet ASTM D6400 - the standard specification for solid material biodegradation (by composting). They are ideal options for producing cutlery, straws, and bottle caps.Chairman of the Board of Directors of APH Pham Anh Duong said North America, especially the US, has always been a strategic international market of the firm. Biodegradable plastic materials and products have been the strength of the company for more than a decade, he said, adding that with its new investment activities, the company will generate different values in the global green material supply chain It has successfully registered a trademark for the AnEco – the first Vietnam’s compostable product brand in the US. This is hoped to pave the way for APH to expand business cooperation projects and promote its products in the US in particular and the Northern America in general.The partnership with Nexeo Plastics marks an important development in APH’s efforts to make inroads into the American market, Duong said. An Phat Holdings is the leading company in the field of advanced plastic production technology and environment-friendly plastic products, serving a diverse customer base across North America, Latin America, Europe, the Middle East, Africa and Asia.Early this year, the firm commenced the construction of a PBAT biodegradable resin factory with designed capacity of 30,000 tonnes per year in the northern city of Hai Phong./.

April 02, 2022 09:20 UTC


Can Tho gathering marks traditional New Year of Khmer, Cambodian people

Cambodian Consul General in HCM City Sok Dareth and his spouse (left) present congratulatory flowers to the gathering in Can Tho on April 1. (Photo: VNA)– A gathering was held on April 1 for Khmer ethnic members of the Vietnam - Cambodia Friendship Association in Can Tho and Cambodian students of universities in this Mekong Delta city to mark Chol Chnam Thmay , the traditional New Year festival of Khmer people.Nguyen Van Can, Chairman of the friendship association, said 2022 is a special year for the two countries as they will celebrate the 55th founding anniversary of their diplomatic ties (June 24, 1967 - 2022).A wide range of activities will be organised throughout this year to mark the anniversary, including gatherings, culinary - cultural - sports exchanges between Cambodian and Can Tho students, a seminar on the countries’ friendship, and contests exploring bilateral relations.Those activities will help not only maintain and develop the neighbourliness, traditional friendship, and comprehensive cooperation between Vietnam and Cambodia but also educate people, especially the young, on the importance of nurturing the countries’ ties in the new context, according to Can.The association will also boost people-to-people exchange and social activities in Cambodia, he went on, adding that it will work to help develop Can Tho’s twin relations with Kompong Chhnang and Battampang provinces of Cambodia and increase its membership, thereby contributing to the Vietnam - Cambodia friendship, solidarity, and all-round cooperation.Addressing the event, Cambodian Consul General in HCM City Sok Dareth highly valued the Can Tho association’s active contributions to people-to-people diplomacy, noting that during COVID-19 outbreaks, many humanitarian organisations have donated medical supplies to frontlines forces while assisting low-income earners and disadvantaged students in Cambodia He affirmed that the Cambodian Consulate General in HCM City will exert more efforts to bring the relationship with Can Tho to a new height in order to help intensify the two countries’ relations.The diplomat also expressed his hope that the connections between Can Tho and Phnom Penh capital, Battambang, and other localities and agencies of Cambodia will be increasingly reinforced in the time ahead./.

April 01, 2022 19:08 UTC


Vietnam, Thailand should work together closely in post-pandemic recovery: PM

– Prime Minister Pham Minh Chinh hosted a reception for Thai Ambassador to Vietnam Nikorndej Balankura in Hanoi on March 31, during which he underlined the need for Vietnam and Thailand to work together closely in post-pandemic recovery and socio-economic development, especially in strengthening economic connectivity and maintaining supply chains.Expressing his delight at the fruitful development of the Vietnam-Thailand enhanced strategic partnership in all fields, PM Chinh said that the two countries should further promote trustful cooperation by increasing meetings at all levels and upholding the effectiveness of bilateral cooperation mechanisms, especially the joint cabinet meeting and the joint committee on bilateral cooperation.He suggested that the two countries consider minimising trade barriers against each other’s goods and striving to raise two-way trade to 25 billion USD with a trade balance as soon as possible.The PM proposed Thailand increase the import and distribution of Vietnamese products, with Thai major distributors serving as bridges to bring Vietnamese goods to Thai consumers through their distribution networks.He affirmed that Vietnam welcomes, encourages and create optimal conditions for Thai enterprises to invest and do business in the fields where Thailand has advantages and Vietnam holds potential such as tourism, garment and textiles, cosmetics, food, agriculture, machinery, equipment and component manufacturing.The Government leader also highlighted the need for both sides to speed up the recognition of each other’s COVID-19 vaccine passports, while resuming commercial flights to make it easier for tourism and trade activities.He pledged that Vietnam will continue to coordinate closely with Thailand to ensure the success of the APEC Year Thailand 2022.For his part, Nikorndej expressed his impression of Vietnam’s achievements in COVID-19 control as well as in socio-economic recovery and development and full opening of its door.He vowed to work hard to contribute to further developing the friendship and enhance strategic partnership between the two countries, including increasing two-way trade towards a more balanced direction.The diplomat said that Thailand has set up a Thai Business Council in Vietnam to promote trade and investment ties between the two countries. Thailand will effectively implement a project on sustainable community development in Thai Nguyen and Ben Tre provinces, thus improving the life quality of local residents.The ambassador also spoke highly of Vietnam’s preparations for the upcoming 31st Southeast Asian Games, adding that Thailand is willing to make contributions to the success of the sport event.The two nations should further strengthen coordination in sub-regional cooperation mechanisms as well as at international and regional forums, especially within the Associations of Southeast Asian Nations (ASEAN) and the United Nations.Nikorndej conveyed Thai PM Prayut Chan-o-cha’s invitations to the Vietnamese PM to visit Thailand at an appropriate time, and to senior leaders of Vietnam to attend the APEC Economic Leaders’ Meeting hosted by Thailand in late 2022.PM Chinh also took the occasion to send his invitation to Thai PM Prayut Chan-o-cha to visit Vietnam at a convenient time./.

March 31, 2022 21:25 UTC


Effective consultations needed to deal with corruption cases of public concern: Party official

– The Party Central Committee (PCC)’s Commission for Internal Affairs , the Central Public Security Party Committee and the Party Civil Affairs Committees of the Supreme People’s Court and the Supreme People’s Procuracy should continue to work closely to speed up the settlement of major corruption cases that draw social attention, said Politburo member and standing member of the Party Central Committee’s Secretariat Vo Van Thuong Thuong, who is also deputy head of the Central Steering Committee for Anti-Corruption, made the request at a conference on March 31 to review the seven years of implementation of coordination regulations among the four agencies .He hailed the effective coordination among the agencies in giving useful advice to the Party in handling corruption cases, especially those related to politics, external relations, and sensitive issues, contributing to ensuring the country’s political stability, social order and national security, and affirming the Party’s determination to fight corruption with the motto of no exceptions.The four agencies have worked closely together to give consultations to the Party on the reviewing, building and issuing of important directives, resolutions and projects related to internal affairs, corruption prevention and control and judicial reform, as well as the completion of socio-economic and anti-corruption institutions, said Thuong. Politburo member and standing member of the Party Central Committee’s Secretariat Vo Van Thuong addresses the event (Photo: VNA)He noted that over the past seven years, nearly 200 resolutions, directives and regulations of the Party and laws of the State regarding anti-corruption and judicial reform have been issued, along with many important policies to ensure national security with the advice and support from the four agencies.The four agencies have also effectively cooperated in supervising the implementation of conclusions of the Party General Secretary and recommendations from inspection and supervision delegations of the Central Steering Committee on Anti-Corruption, he added.However, Thuong pointed to a number of shortcomings in the coordination among the four agencies, including the slow issuance of guidelines on the handling of some cases leading to their prolonged settlement.He required that the four agencies should strengthen their coordination efficiency in giving advice to the Party on policies related to internal affairs, corruption prevention and control and judicial reform as well as measures to protect national security and social order and safety.According to Thuong, the four agencies should focus on designing a strategy on building and completing the law-governed socialist State until 2030 with a vision to 2045, and a project on the model of specialised agency for anti-corruption and another on the control of power to prevent corruption during the investigation, prosecution, judge and execution of law violation cases.He suggested that the four agencies concentrate on giving consultations and directions on the handling of cases that receive special attention from the society, while strengthening the supervision over the implementation of the Party and State policies and laws at agencies in charge of internal affairs, and improving the coordination efficiency in proposing relevant policies./.

March 31, 2022 17:57 UTC


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