Long term athlete development swimming

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

MPI proposes a draft decree on procurement bidding under CPTTP MPI proposes a draft decree on procurement bidding under CPTTP The Ministry of Planning and Investment (MPI) has summited to the Government a draft decree on amending Decree 95/2020/ND-CP providing guidelines on procurement bidding under the Comprehensive and Progressive Trans-pacific Partnership Agreement (CPTTP). According to the MPI, the draft decree will amend and supplement some articles of Decree No 95. It aims to guide State companies to execute bidding packages under the CPTTP agreement and EU-Việt Nam Free Trade Agreement (EVFTA). However, per the Government's Resolution No 190/NQ-CP on the provisional application of the UK-Việt Nam FTA (UKVFTA), Việt Nam agreed to temporarily apply the UKVFTA from January 1, 2021. The agreement was negotiated based on the principle of inheriting commitments in the EVFTA with necessary adjustments to ensure compliance with the bilateral trade framework between Việt Nam … [Read more...] about VIETNAM BUSINESS NEWS FEB. 27

Many new tourism products were launched and promotional campaigns implemented. However, the resurgence of the epidemic caused the cancellation of many tours. The sector continues to be suffering from a failed "season". After each outbreak of the epidemic was controlled, the tourism sector could not restart like many other types of production and services could. In order to attract customers, localities, travel agencies and carriers had to stimulate demand with the development of new tourism products and the implementation of promotional campaigns and discounts. These activities require major investment. Unfortunately, whenever the number of tourists increased again and the new tourism products were launched, the epidemic “came back”. The investment and efforts to implement the stimulus campaigns have been fruitless as a result. For example, after the first wave of COVID-19 was controlled successfully, domestic tourism activities were active again for about two months. In late July … [Read more...] about Measures to support tourism sector

Growing tomatoes via smartphones and sitting on the top of mountain selling vegetables to the US from a distance are what some Vietnamese farmers are doing today. “People may think that farming means being completely wrapped up in working in the fields or orchards from morning to evening. But they are wrong,” said Nguyen Duc Huy, who runs a tomato and hydroponic vegetable farm in Da Lat City. Huy said the major work of modern farmers is operating smartphones. With an internet-connected smartphone, he can control the development of his tomatoes and hydroponic vegetables at any time, no matter where he is. After sensors analyze soil conditions and suggest the farming process, Huy just needs to press a button on his smartphone to activate the system which can automatically take care of plants in accordance with set programs. Huy just needs to use a small number of workers to supervise the operation of the machines in the farm. He began growing beef and picota tomatoes in 2013, … [Read more...] about Digital transformation – future of Vietnam’s agriculture

The conference marked the kick off of Youth4Climate initiative, which is supported by the Climate Promise, a global programme through which UNDP commits to supporting at least 100 countries in enhancing their Nationally Determined Contributions (NDCs) by 2020. The initiative aims to strengthen the capacity of existing youth representatives and youth networks in stepping-up their climate action on different frontlines in order to advance Vietnam’s NDC. This initiative builds on the UNDP’s long experience in mobilising and working with the youth and students in Vietnam. Speaking at the conference, Pham Van Tan, Deputy Director General of the Department of Climate Chang (DCC) at MONRE, stressed that Vietnam considers the climate change response to be a vital issue and key task of the entire political system, adding that the country has actively implemented the Paris Agreement since the document was approved in 2015. He reported that Vietnam’s recent efforts in its climate change … [Read more...] about Conference launched to step up Vietnamese youth’s climate action