Vietnam’s peacekeeping engineering unit launches first humanitarian work in Abyei

Vietnamese officers welcomes local residents coming for health checkups (Photo: Vietnamese officier presents a gift to a resident as part of the event (Photo:’s Engineering Unit Rotation 1 at the UN Interim Security Force for Abyei ( UNISFA ) has recently coordinated with Pakistani forces to organise its first humanitarian activity, focusing on medical examination, medicine, and gift-giving to locals in the Amiet market, the 2nd most populated area in Abyei.The Vietnam ese unit was in charge of health check-up and medicine provision for women and children, while the Pakistani forces took care of men.Within about five hours, Vietnamese officers offered their medical services and presented gifts to 168 people, detecting many suffering from chronic and infectious diseases. The gifts included daily living tools and items such as toothbrushes, laundry soap, notebooks, ballpoint pens, instant noodles, and clothes.Lieutenant Colonel Nguyen Quang Tuyen from the unit affirmed that this humanitarian activity has strengthened the foreign diplomacy, expanded exchanges and cooperation with other units, and promoted the image of Vietnam's blue beret force, creating favourable conditions for the team to continue to successfully carry out their tasks in the area.According to Tuyen, since its deployment at UNISFA, the unit has been organising the repair and maintenance of an arterial road with a length of more than 50km passing through the Amiet market and regularly rescuing bogged trucks. In the past month, the unit has organised the rescue of six UN vehicles and local people./.

July 25, 2022 10:15 UTC

Tra fish exporters earn big thanks to high price rise

Illustrative image (Source: VNA)– The majority of tra fish exporters enjoyed high profits in the April-June period of this year thanks to a price increase cycle in the period, according to the sector’s financial report for the second quarter of 2022.On top of the list in the period was Vinh Hoan Corporation which earned a revenue of over 4.22 trillion VND (180.38 million USD), a rise of 80% year on year, and over 1 trillion VND in profit, a surge of 154%. The firm’s after-tax profit hit 788 billion VND, tripling that in the same period last year.Meanwhile, Nam Viet JSC reported a net revenue of 1.29 trillion VND, a rise of 20% year on year. Its net profit reached nearly 241 billion VND, while after-tax profit amounted 447 billion VND.At the same time, the International Development and Investment Corporation also enjoyed an after-tax profit of 390 billion VND, 18.5 times that in the same period last year.According to the Vietnam Association of Seafood Exporters and Producer (VASEP), many other firms saw a high rise in the first six months of this year.It attributed this to a strong increase in both prices and production.In the first six months of this year, the export value of tra fish reached over 1.4 billion USD, up 83% year on year, with rises seen in all markets, especially the US and China.According to SSI Securities Corporation, the average price of tra fish in the US market was 4.5-5 USD per kilo, 60% rise year on year, while that in the Chinese market was 3.1 USD per kilo, up 20%.The SSI reported that the along with the strong recovery from the major markets, tra fish demands rose due to a high number of orders after social restriction measures in the second half of 2021 as part of efforts to prevent COVID-19 spreading.However, the firm underlined that standstill signs in tra fish demands have been seen since May due to high a inventory in export markets. VASEP also predicted that along with the inflation pressure, the growth trend of tra fish exports will slow down in the third quarter.It forecast that tra fish export revenue this year may reach 2.5-2.6 billion USD, a rise of 56-65% over 2021. So far, with 1.6 billion USD in revenue, the sector has completed 87% of its yearly target./.

July 25, 2022 09:51 UTC

TH Group asked to contribute to building independent, self-reliant economy

- Prime Minister Pham Minh Chinh has asked TH Group – one of Vietnam’s largest dairy producer s – continue expanding its scale, improving productivity and quality, building a stronger TH brand, and increasing the material and spiritual lives of employees, thus contributing to building an independent and self-reliant Vietnamese economy.Visiting the group’s cow farm and dairy producing system, and purified water and juice plant in Thai Hoa town in the central province of Nghe An on July 23, Chinh affirmed that TH Group is a testament to the results of the country’s over 35-year Doi moi (Renewal) journey; and has contributed to building the foundation of a socialist democratic society, a socialist rule of law state, and a socialist-oriented market economy, which identify people as both the centre, the subject and the driving force of development, and not sacrificing the environment and social security for economic growth.He stressed the need to continue implementing the Party's policies and the State's laws on developing the private economy, making it become the driving force of the country's economy; building a healthy, civilised, professional and equal culture among businessmen; putting the interests of the nation and the country first and foremost; ensuring the harmony between the interests of the State, people and businesses; and promoting public-private cooperation in national development.Enterprises need to dare to think, and dare to do, and at the same time prevent and fight corruption and negative phenomena in the private sector, he added.Earlier, the Government leader visited TH Group ’s high technology-applied field.He said that the group's field model is in line with the country's policy of sustainable development, in the direction of green economy, circular economy, and reduction of methane emissions./.

July 23, 2022 22:13 UTC

Tanzania capable of meeting Vietnam's needs in many fields: diplomat

Vietnamese Ambassador to Tanzania Nguyen Nam Tien speaks at the forum (Photo: VNA)– Tanzania is an area capable of meeting Vietnam's needs in terms of raw materials and fuel supplies, diversifying export markets for goods, services, human resources and investment, said Vietnamese Ambassador to the African country Nguyen Nam Tien at a recent hybrid investment forum The July 21 event attracted the participation of more than public personnel from the two countries as well as representatives of their business communities. It was co-organised by the embassy, Tanzania Investment Center (TIC), Institute for Africa and Middle East Studies (IAMES), and Vietnam-Africa Economic Alliance (VAECA).In his opening speech, Tien affirmed that the nations have much potential for cooperation and complementary advantages for mutual development.According to the diplomat, Vietnam and Tanzania have created a legal framework as a basis for collaboration, with Vietnamese enterprises looking for investment opportunities in Tanzania. However, the bilateral economic and trade relations remain modest and are not commensurate with their potential.He expressed his wish that through this networking forum, participating businesses will take advantage of opportunities, promote strengths, and overcome difficulties and challenges to enhance exchanges serving the implementation of effective and practical cooperation projects.Tien stated that the embassy always stands ready to be a bridge linking the business communities.Vietnamese and Tanzanian participants introduced their capacities and discussed matters of common interest in trade and investment at the event./.

July 23, 2022 12:12 UTC

Vietnam becomes world’s sixth largest fibre, yarn exporter

The yarn factory of the Hue Textile - Garment Joint Stock Company (Photo: VNA)– Vietnam has surpassed the Republic of Korea to become the world’s sixth largest fibre and yarn exporter after shipping abroad 2.37 billion USD worth of these items in the first five months of 2022.The revenue increased 10% from a year earlier, according to the Vietnam Cotton and Spinning Association (VCOSA).Meanwhile, textiles and garments, fibre, yarn and fabric brought home 18.73 billion USD in total exports during the period, rising 20.81% year-on-year. That includes 14.99 billion USD in textiles and garments (up 22.2%), 376.8 million USD in geotextiles (up 27%), and 979.8 million USD in materials (up 19.2%).VCOSA noted China accounted for nearly 60% of Vietnam’s textile and garment exports Meanwhile, the US and Europe, which are the world’s biggest textile and garment importers, have reduced shipments from China, giving Vietnam a chance to expand its market share.The association also cited the World Health Organisation’s prediction that new COVID-19 variants will continue appearing in 2022, expecting the country’s fibre and yarn segment will continue to be the main recovery driver of the industry and be less affected by the pandemic compared to the apparel segment, which is labour intensive, since its manufacturing is mostly conducted by machine.VCOSA added Vietnam’s economic integration into the world, especially the participation in free trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU - Vietnam Free Trade Agreement (EVFTA), also promises breakthrough developments for the fibre and yarn segment./.

July 22, 2022 23:46 UTC

Acceleration of projects ordered for Con Dao airport to host 2 million guests per year

Two domestic airlines – Vietnam Airlines and Bamboo Airlines – currently operate flights to Con Dao Airport. (Photo: VNA)Deputy Minister of Transport Le Anh Tuan has freshly signed a document requesting competent agencies start projects at the Con Dao airport in the southern province of Ba Ria – Vung Tau in an effort to enable the airport to host 2 million passengers per year.Accordingly, the ministry has asked the Civil Aviation Authority of Vietnam (CAAV) to coordinate with such parties as the Airports Corporation of Vietnam (ACV) and the Vietnam Air Traffic Management Corporation (VATM) regarding the implementation of these projects.The projects include the development of passenger terminals, aircraft aprons, flight management facilities, and petroleum depots. They are set to be launched in line with the implementation progress of a CAAV-funded project on runway and taxiway upgrades at the airport.In addition, feasibility and progress reports on implementation adjustments are to be prioritized at the soonest.The ministry agreed with the AVC’s proposal on the scale of construction in phase 1. The projects will enable the airport to host 1 million passengers annually, which may increase to 2 million.Despite the impacts from the COVID-19 pandemic, Con Dao airport served 447,750 passengers in 2020, up 4.1 percent from 2019.In the adjusted airport planning by 2030 approved by Minister of Transport Nguyen Van The, the airport is to have a capacity of 2 million passengers and 4,400 tonnes of cargo per year./.

July 22, 2022 12:34 UTC

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