Counter moves in fighting

Vietnam needs over US$128 billion for power investment next 10 years A drone is used to inspect a power transmission system in Vietnam. The country will need an estimated US$128.3 billion for developing the power system in the next decade The Institute of Energy, under the Ministry of Industry and Trade, on February 22 continued to collect feedback over the plan from the relevant agencies. According to the plan, during the 10-year period, Vietnam will need to pour some US$12.8 billion on average into the power sector per year. The total investment for the following 15 years from 2031 to 2045 will be some US$192 billion, including some US$140 billion for power sources and US$52 billion for the grid. The draft zoning plan also revealed that Vietnam will continue to import electricity from China, Laos and Cambodia in the next 10 years. The State-run Vietnam Electricity Group is purchasing electricity from China through two 220kV power lines, with 1.5 billion kWh of … [Read more...] about VIETNAM BUSINESS NEWS FEB. 26

Projects such as Bunge’s agribusiness are expected to increase in number through stronger US ties. Photo: Le Toan In his first few days in office five years ago, President Donald Trump withdrew from the Trans-Pacific Partnership, which was a pillar of the Barack Obama administration’s pivot towards Asia. The remaining 11 member states have since reframed the agreement as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and President Joe Biden’s commitment to rebuilding relations with allies has sparked speculation about the US returning to the fold. Fitch Solutions under global ratings firm Fitch Group told VIR in a statement that Vietnamese trade would receive a surefire boost should new Biden decide to rejoin the CPTPP. “Biden stated in 2019 that the US should renegotiate parts of the CPTPP and re-assemble a coalition to counterbalance China’s perceived expansionist policies. The Trump administration withdrew from the original deal in 2017 … [Read more...] about Fresh dawn kindles for US-Vietnam relationship

New US President Joseph R. Biden was sworn in with his wife Jill Biden by his side, photo: AFP Last Wednesday many Americans breathed a sigh of relief as Joe Biden was sworn in as the 46th US President without any further incident from those who believe the election was “stolen” from former President Donald Trump. Instead of attending the ceremony as is tradition, Trump and his family took one last trip on Air Force One to Florida, where he will be based until the former reality TV star decides whether to run for president again in 2024 – or perhaps even endorse a family member for the post. Alongside Biden, Kamala Harris was sworn in as vice-president, becoming the first woman in American history – as well as the first woman of African-American and South Asian descent – to take on the role. “Few people in our nation’s history have been more challenged or found a time more difficult than the time we’re in now,” Biden said in his inauguration speech. He vowed to dedicate … [Read more...] about Domestic strife dampens US foreign policy

US President Joe Biden(C) leaves Holy Trinity Catholic Church in the Georgetown neighborhood of Washington,DC on January 24, 2021. Joe Biden has begun his presidency with sharp breaks from Donald Trump in both substance and tone, from climate change to immigration to a general openness to working with the rest of the world.(Nicholas Kamm / AFP) Biden will also on Monday extend the ban to travelers who have recently been to South Africa amid warnings that new, more transmissible coronavirus variants are already establishing themselves in the United States, the official said, confirming US media reports. The new president last week tightened mask wearing rules and ordered quarantine for people flying into the United States, as he seeks to tackle the country's worsening coronavirus crisis. Biden has said that the Covid-19 death toll would likely rise from 420,000 to half a million next month -- and that drastic action was needed. "We're in a national emergency. It's time we … [Read more...] about Biden to reinstate Covid travel bans: White House official

But every day, even in the cold of the northern winter, he stands by the front door of his house to gaze at the forest with pride and happiness. The trees were all planted by him and his family over 50 years, and his life has been dedicated to growing and protecting them. Cao belongs to the Dao ethnic group, and lives in Tan Dan Commune in Ha Long Town of Quang Ninh Province, home to the world-famous bay. Trieu Tai Cao at his home in Ha Long in Quang Ninh Province. Photo by VnExpress/Minh Cuong. The Dao used to be nomadic, felling forests to meet their temporary land needs for cattle and crops before moving on. It was not until 1968 that they started to settle. By then Cao had started thinking about growing trees. He began to look around for seedlings of valuable timber trees such as ironwood, shorea and apitong. Between 1970 and 1980 he and his family planted those and other trees on 32 hectares (80 acres). They faced a lot of challenges in protecting the … [Read more...] about Man spends decades growing trees, says bequest to future generations