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Japanese fire fighting equipment

VIETNAM BUSINESS NEWS MARCH 4

Imports-exports contribute $2.37 billion to State budget in Jan-Feb State budget collection from import-export activities reached 54.76 trillion VND (2.37 billion USD) in the first two months, or 17.38 percent of the estimate and a year-on-year rise of 7.53 percent, according to the General Department of Vietnam Customs. In February alone, the collection was 23.66 trillion VND. As Tet (Lunar New Year) holidays fell in the month, the customs department worked together with relevant agencies to combat smuggling and trade frauds while increasing inspections. The customs force detected 967 cases in total from January 16 to February 15, seizing goods of 258.67 billion VND and contributing 8.6 billion VND to the State budget. State budget collection was estimated at 220.5 trillion VND in total in the first two months of 2021, equivalent to 16.4 percent of the year’s estimate./. Risky to invest in forex trading plaforms: Deputy Governor Forex trading via investment … [Read more...] about VIETNAM BUSINESS NEWS MARCH 4

City urges districts to ensure fire protection at apartment buildings, public facilities

An old apartment building in HCM City’s District 4. VNA/VNS Photo Thanh Vũ HCM CITY— The HCM City People’s Committee has instructed districts to address problems and carry out measures to ensure fire prevention and safety at production establishments, apartment buildings, schools, hospitals and other buildings by October. Following the instruction, the city Police Department’s fire-fighting and rescue police division is working with agencies to check the implementation of measures in local districts. After an inspection on Monday, Colonel Huỳnh Ngọc Quan, the division’s deputy head, said that District 5 has many apartment buildings and schools built before 2001 that do not meet the criteria on fire prevention and safety and need to be upgraded. Nguyễn Xuân Trung, vice chairman of the District 5 People’s Committee, said that 55 per cent of all production establishments, apartment buildings, hospitals and schools in the district were built before 1975. … [Read more...] about City urges districts to ensure fire protection at apartment buildings, public facilities

HCMC focusing on training AI human resources

According to the comprehensive plan to develop the IT human resources, Vietnam needed 1 million workers in the IT field in 2020. Yet the reality shows that there are only 600,000 IT students being trained in 400 higher educational institutes and 8 key IT training centers nationwide. Statistics from the Institute of Information Technology Strategy (under the Ministry of Information & Communications) show that 72 percent of IT students lack practical experience, while 42 percent are weak at team work. Only 15 percent of IT graduates satisfy the demands of employers. Vietnam now has over 700 IT companies working in key fields of the IT industry, including 220 foreign ones. They mostly locate in major cities or software parks. Notably, despite a high job potential, the AI field still attracts little attention from both learners and trainers. There is no formal university department or school to specifically provide tertiary education in this field. Most curriculum focus on … [Read more...] about HCMC focusing on training AI human resources

Full steam ahead for LNG capacities to omit fossil fuels

Khanh Hoa province, on the south-central coast, has recently been leading the way in attaining attraction from both domestic and foreign financiers when it comes to the gas and electricity sector. Among the suitors is one from the United States, proposing the Millennium gas power project with a forecast capacity of 14,400MW and 17 million tonnes of storage for liquefied natural gas (LNG) per year. Joining in are Embark United Co., Ltd. and US Quantum Corporation to establish a 6,000MW gas power venture and a port warehouse to receive and process six million tonnes of LNG per year. Japanese investors did also not ignore the opportunity to develop gas power projects in Khanh Hoa, as Sumitomo Corporation proposed to invest in a 3,000MW gas power scheme and a storage system for three million tonnes of LNG per year, while J-Power Co., Ltd. wants to invest in a gas turbine power project with a capacity of 3,000MW. Despite a slightly slower approach, the province is also seeing the … [Read more...] about Full steam ahead for LNG capacities to omit fossil fuels

Hundreds of Vietnamese repatriated from Myanmar amid political instability

Two flights, organized by the Ministry of Foreign Affairs, the Vietnamese Embassy in Myanmar and Vietnam Airlines, brought the Vietnamese citizens from Myanmar to central Da Nang City. A Thursday press release by the foreign ministry said repatriated citizens include those below 18 years of age, the elderly, those with underlying conditions and others in dire circumstances. Covid-19 prevention measures, including medical declarations, body temperature checks and wearing protective equipment were deployed throughout the flight to prevent coronavirus infection. After landing in Da Nang, citizens were quarantined at centralized quarantine zones run by the military in Da Nang and central Quang Nam Province, the Da Nang Center for Disease Control (CDC) said. Myanmar is experiencing a period of political instability after its army seized power and detained government leader Aung San Suu Kyi and much of her party leadership last month. Protests have broke out nationwide and at least … [Read more...] about Hundreds of Vietnamese repatriated from Myanmar amid political instability

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