In infrastructure, the eastern cluster of the North-South Expressway will have five sections developed under the public-private partnership (PPP) model. The country is also calling for investment in renewable energy projects, especially in solar and wind power, thus hoping to bring new opportunities for Japanese enterprises. Looking ahead, the Vietnamese government is encouraging innovations and digital transformation with a number of supporting policies. … [Read more...] about Japanese companies enticed by local investment climate
New York (VNA) – The UN Security Council held an in-person meeting on Colombia on July 14 during which Vietnam reaffirmed its support for the implementation of the peace deal in the South American nation. Carlos Ruiz Massieu, Special Representative of the UN Secretary-General for Colombia and head of the UN Verification Mission in the country, commended relevant parties for their joint work within the National Reintegration Council and within the tripartite mechanism on transition to legality. He voiced his belief that the constructive dialogue between the Government and the Revolutionary Armed Forces of Colombia (FARC) will soon lead to agreements to continue promoting the realisation of the Peace Agreement. However, he also expressed concern about the violence and killing of social leaders and former combatants of indigenous and Afro-Colombian origin, urging the Colombian government and relevant parties to take measures to ensure security for communities and foster … [Read more...] about Vietnam reaffirms support for peace deal implementation in Colombia
Targets to cut emissions will shape shipping risk for years to come. The aim to halve CO2 emissions by 2050 will require the industry to radically change fuels, engine technology and even vessel design. Since January 1, 2020 allowable sulphur levels in marine fuel oil were slashed. However compliance is not straightforward and teething problems could lead to a surge in machinery damage claims. Ultimately, de-carbonization will also have regulatory, operational and reputational implications. Progress on addressing climate change could stall with the focus on the coronavirus pandemic. This must not be allowed to happen. New technology not a panacea, but an increasingly useful tool: Shipping tech can be a positive for safety and claims and is increasingly being deployed to combat some of the risks highlighted in the report -- from reducing the threat of fire on vessels through temperature monitoring of cargo to even potentially integrating suppression systems in drones in future. … [Read more...] about Allianz: Asian waters account for most shipping losses even as global numbers hit record low
The epidemic has made US businesses realize that they need to choose production locations which not only allow them to optimize production costs, but also have the capability to resist shocks and risks. The figure is expected to create a positive effect on decisions by American investors to expand their production and business to non-China markets. … [Read more...] about Will US investors head for Vietnam after leaving China?
Besides that, Luu Hai Minh, chairman of the Nhat Hai New Technology Joint Stock Company with a certificated science and technology enterprise, said the right of using a State-invested scientific and technological research project has the same value as land use rights. … [Read more...] about Vietnam struggles to have 5,000 science and tech firms this year