Vietnam News and Discussions

[wjfox]

[wjfox]

Lotte Group to build eco smart city, logistics center in Vietnam

Sept 4, 2022 - 17:01

South Korean retail giant Lotte Group said Sunday it will build an eco-friendly smart city complex and smart logistics center in Vietnam, as part of its expansion plan to cement a strong foothold in Southeast Asia.

Under the $900 million Thu Tiem Eco Smart City project, the company plans to construct a 60-story building, with another five floors underground, comprising a shopping mall, cinema, office space, hotel, residences and apartments in Ho Chi Minh City.

For the residential area, a big data and artificial intelligence-based system will provide convenient and safe smart home solutions as well as digital health care services, including remote medical examination, the group said.

For sustainable and efficient energy management inside the building, the group will adopt an “ice storage” air conditioning system, which freezes ice at night and converts it to cool air in the day.

According to Lotte's plan, the shopping mall and cinema will offer smart payment options and robot and drone delivery, with the hotel providing smart concierge and robot catering services. Office spaces will adopt facial recognition and an AI-based reservation system as well.

Read more: http://www.koreaherald.com/view.php?ud=20220904000119


More details on the project:

https://lotte-ecosmartcity.vn/

https://lotte--ecosmartcity-vn.translat ... _tr_pto=sc

[Nanotechandmorefuture]

So that's why Singapore was in the news recently. Maybe the Asian sector is probably ahead of the USA in this regard if China is any indication. Should be interesting to see how that pans out once it starts making its way over here. And by that I mean the actual full on Smart City because right now here its just barely started.

[caltrek]

Militancy for an Existential Cause: Environmental Protection in Vietnam
by Mark Ashwill
February 9, 2023

Introduction:

(Counterpunch) While most people use Facebook, the third most popular website in Vietnam, to post photos of themselves and their exploits, often depicting an idealized reality, there is an expat in Dalat in the Central Highlands who uses it for an entirely different, more meaningful, and less glamorous purpose.

He has posted thousands of photos of what he calls Dirty Dalat, liberally sprinkled with warnings about climate change, the use of pesticides and antibiotics in farm animals, and memes such as “Humans are true weapons of mass destruction,” which most of his posts confirm. The content is not fun, entertaining, or amusing; no hearts or laughing emojis. But it is important, real, and never ceases to appall those of us who are deeply concerned about these issues.

During his long nightly runs in the city he calls home, this man documents the countless crimes against nature occurring in and around Dalat that also happen to be violations of Vietnam’s legal code, crimes committed with impunity. He uses his virtual megaphone to illustrate to whomever has the eyes to see that ecocide is occurring every day in their Central Highlands community.

Everything our man in Dalat shares and writes makes perfect sense but is being played out against a backdrop of inaction and apathy. While he appears to be a voice crying out in the wilderness, the good news is that he is not a lone wolf. There are growing numbers of people, both Vietnamese and expats, who agree on what must be done to solve the problems he highlights, all of which revolve around developing a truly sustainable economy.

One of his primary subjects are the fish caught in the highly contaminated Xuan Huong Lake. This man-made body of water, one of the city’s iconic landmarks, has become a cesspool in recent years with a never-ending stream of human waste and agricultural run-off flowing into it. Fishing is illegal but the law is not enforced, which is why there are fishermen busy every night catching poisoned fish via electrocution and other more conventional means.

Read more here: https://www.counterpunch.org/2023/02/0 ... -vietnam/

[caltrek]

Quanta Group Pours 120 Million USD Into Computer Manufacturing Project in Nam Dinh
April 21, 2023

Introduction:

Nam Dinh (Viet Nam+) – The People’s Committee of Nam Dinh province and Quanta Computer Inc. of Taiwan (China) signed on April 21 an agreement to develop a large-scale computer production project at My Thuan Industrial Park in My Loc district.

Speaking at the signing ceremony, Chairman of the Nam Dinh provincial People's Committee Pham Dinh Nghi said that this is the first project of Quanta in Vietnam and also the first investment project in My Thuan Industrial Park which has a favourable position in connecting transport and logistics infrastructure.

He suggested Dai Phong JSC, an investor of the park’s infrastructure, mobilise resources to complete infrastructure and related procedures so that the project will be carried out soon.

Nghi pledged to create the most favourable conditions and accompany investors in dealing with issues related to legal procedures in the construction and operation of the project.

Quanta wishes to invest in a computer production project with a total investment of 120 million USD and establish an export processing enterprise to implement the project in My Thuan Industrial Park, said the group's representative./.

Read more here: https://en.vietnamplus.vn/quanta-group ... 1988.vnp

[caltrek]

Vietnam-China Trade Exchange Opens in Can Tho
April 21, 2023

Introduction:

(Viet Nam+) – Can Tho (VNA) – The Vietnam-China trade exchange programme opened in Can Tho city on April 21, with 150 Mekong Delta and 13 Chinese firms taking part.

The event enables agro-forestry-fisheries suppliers to boost exports and meet with export-import and logistics companies of China’s Yunnan province. It is also meant to realise a memorandum of understanding on trade cooperation between the Lao Cai provincial Department of Industry and Trade and the trade bureau of Yunnan province signed in China’s Hekou district in January 2023.

Director of the Lao Cai department Hoang Chi Hien said despite COVID-19 last year, the total export-import value at Vietnam's border gates still surpassed 2.2 billion USD, with nearly 800,000 tonnes of farm produce passing through Lao Cai border gate.

Export-import goods through Lao Cai-Hekou international border gate are complementary to each other, with Vietnam exporting farm produce, fruits, and seafood while importing fertilizers, chemicals, and coking coal from China to serve domestic production.

Hien said the event also affords Yunnan firms a chance to evaluate the potential of farm produce production in Can Tho and adjacent localities via fact-finding trips and working sessions with local businesses and production facilities.

Read more here: https://en.vietnamplus.vn/vietnamchina ... 51987.vnp

[caltrek]

Vietnam Bans ‘Barbie’ Movie Over South China Sea Map
July 3, 2023

Introduction:

(CNN) Vietnam has banned Warner Bros.’ highly anticipated film “Barbie” from domestic distribution over a scene featuring a map that shows China’s unilaterally claimed territory in the South China Sea, state media reported on Monday. (Warner Bros’, like CNN, is a unit of Warner Bros. Discovery.)

The U-shaped “nine-dash line” is used on Chinese maps to illustrate its claims over vast areas of the South China Sea, including swathes of what Vietnam considers its continental shelf, where it has awarded oil concessions.

“Barbie” is the latest movie to be banned in Vietnam for depicting China’s controversial nine-dash line, which was repudiated in an international arbitration ruling by a court in The Hague in 2016. China refuses to recognize the ruling.

In 2019, the Vietnamese government pulled DreamWorks’ animated film “Abominable,” and last year it banned Sony’s action movie “Unchartered” for the same reason. Netflix also removed an Australian spy drama, “Pine Gap,” in 2021.

“Barbie,” starring Margot Robbie and Ryan Gosling, was originally slated to open in Vietnam on July 21, the same date as in the United States, according to state-run Tuoi Tre newspaper.

Read more here: https://www.cnn.com/2023/07/03/enterta ... ex.html

[caltrek]

Vietnam Economic Growth Report
July 4, 2023

Introduction:

(Vietnam+) Hai Phong (VNA) - The National Assembly (NA) Standing Committee and the Government have agreed to propose to the NA to keep this year's growth target unchanged, and Vietnam will strive to realise the set targets, however difficult it may be, said NA Chairman Vuong Dinh Hue.

He made the remarks while joining other NA deputies of the northern city of Hai Phong at a meeting with voters in Vinh Bao district on July 4.

Chairman Hue said that despite complex, fast, and unpredictable developments of the world situation last year, Vietnam still succeeded in maintaining macro-economic stability, recording an economic growth rate of over 8%, and containing inflation at 3.15% while many other countries posted a low growth rate but high inflation.

Since the start of 2023, the world situation remains complicated, but Vietnam has managed to maintain macro-economic stability and keep inflation under control. The NA Standing Committee has agreed with the Government to propose the parliament keep this year's growth target unchanged, he went on.

The top legislator noted that if localities, ministries, and sectors effectively implement their public investment plans, it will help raise GDP growth by about 2%. He also expected that the law amending and supplementing some articles of the Law on Exit and Entry of Vietnamese Citizens and the Law on Foreigners' Entry into, Exit from, Transit through and Residence in Vietnam, approved at the fifth session, will create favourable conditions for the tourism and aviation sectors to thrive.

Read more here: https://en.vietnamplus.vn/vietnam-pers ... 55738.vnp

[caltrek]

SABECO Honoured as Outstanding Taxpayer in Vietnam in 2020-2022
October 23, 2023

Introduction:

HCM City (VNS/VNA via Vietnam+) - Saigon Beer-Alcohol-Beverage Joint Stock Corporation (SABECO) was honoured for its efforts to overcome difficulties and make great contributions to the State budget during the 2020-2022 period.

The General Department of Taxation under the Ministry of Finance last week organised a conference praising "Outstanding taxpayers for the period 2020-2022" to honour 138 businesses with great contributions to the State budget revenue amid global economic challenges during the COVID-19 pandemic.

Thanks to ensuring the “dual goal” of maintaining production and business during the pandemic towards sustainable development, SABECO contributed 11 trillion VND (445.5 million USD) to the State budget in the reviewed period, one of the highest in the group of beverage manufacturers.

According to a representative of the General Department of Taxation, the criteria to consider and commend typical taxpayers include good compliance with tax laws; making significant contributions to the State budget and good implementation of digital transformation programmes.

At the conference, Minister of Finance Ho Duc Phoc appreciated SABECO and other businesses for their positive contributions to the state budget during the period 2020–2022, especially their realistic, effective, and timely support in preventing the spread of the pandemic, contributing to the socio-economic development.

Read more here: https://en.vietnamplus.vn/sabeco-honou ... 0069.vnp

[caltrek]

Government Proposes National Assembly Continue 2% Interest Rate Support Policy
October 23, 2023

Introduction:

Hanoi (VNA via Vietnam+) – The Government has proposed the National Assembly (NA) to allow it to continue the 2% interest rate support policy for enterprises, cooperatives, and business households.

Presenting the results of the implementation of the NA’s Resolution 43/2022/QH15 (Resolution 43) on fiscal and monetary policies to support Vietnam’s post-pandemic socio-economic recovery and development at the NA's 6th session on October 23, Minister of Planning and Investment Nguyen Chi Dung said that after nearly two years of performance, Resolution 43 has proved to be a correct and timely decision of the NA as Vietnam's socio-economic situation faced many difficulties and challenges due to the COVID-19 pandemic.

Implementing the resolution, the Government in May 2022 issued Decree 31/2022/ND-CP on a 2% interest rate reduction in loans of enterprises, cooperatives, and business households.

By the end of August 2023, the amount of interest rate support was equivalent to about 1.95% of the resources approved by the NA, with outstanding loans reaching nearly 57 trillion VND (2.31 billion USD) for more than 2,100 customers.

In addition, by the end of September 2023, the Vietnam Bank for Social Policies disbursed preferential credit of more than 21 trillion VND to more than 366,000 customers, disbursed about 3.679 trillion in rental support for 128,746 employers and nearly 5.2 million employees.

Read more here: https://en.vietnamplus.vn/government- ... 70066.vnp