Leaders of the Ministry of Industry and Trade, the Ministry of Public Security as well as the State Bank of Vietnam have concurred that operations of foreign exchange (forex) platforms are illegitimate, while cryptocurrencies are not methods of payment compliant with law in the nation. The statements were made during a regular government press meeting on Tuesday. According to Dao Minh Tu, Deputy Governor of the State Bank of Vietnam, foreign currency trading and derivative services can only be provided by licensed credit institutions and commercial banks. The central bank has not licensed any organization to run these services, Tu asserted. “The establishment of forex trading platforms is against the law and should be penalized accordingly,” he stated. In reality, these forex schemes are tempting new investors with promises of profit rates reaching as high as three digits. Due to the illegitimate nature of these platforms, investors will not be protected by law, Tu warned. … [Read more...] about Forex trading platforms against Vietnamese law: officials
National trade union congress
Female scientists receive Kovalevskaia Prize Award 2020
Upon addressing the ceremony, Ha Thi Nga, president of the Vietnam Women's Union, emphasised that this year's award ceremony was held with the aim of celebrating the 35th anniversary of the Kovalevskaya Award. In addition, the occasion serves to affirm the importance of female scientists in conducting research activities to make great contributions to the country. Nga went on to stress that the Vietnam Women's Union has been fully aware of its role and responsibility in research activities that aim to improve the overall quality of the female workforce, especially in terms of high-quality female human resources. Moving forward, the association plans to devise guidelines and policies which are both appropriate and effective in order to improve the overall quantity and quality of female intellectuals. At the award ceremony, former Vice President Nguyen Thi Doan expressed her hope that female scientists will seize upon opportunities to climb the social ladder through their research … [Read more...] about Female scientists receive Kovalevskaia Prize Award 2020
Vietnam, Venezuela seek to boost bilateral ties
Deputy PM Minh briefed his counterpart on Vietnam's current situation and the outstanding results achieved by the 13th National Party Congress, and the response to the novel coronavirus (COVID-19) pandemic, and efforts to ensure further socio-economic development and continued social security. The nation supports the efforts of the constitutional government of Venezuela to promote a political dialogue on the basis of respect for the Venezuelan Constitution and the aspirations of its citizens. Indeed, this can help to deal with difficulties in terms of greater socio-economic development in the current complicated context, he added. In response, Minister Arreaza told the Deputy PM that Venezuela always attaches great importance to and wishes to further strengthen the comprehensive partnership between the two countries. He also offered congratulations on the success of the 13th Congress of the Communist Party of Vietnam (CPV), and expressed his great appreciation for Vietnam's efforts … [Read more...] about Vietnam, Venezuela seek to boost bilateral ties
Vietnam, Venezuela seek to beef up friendship, cooperation
During his virtual talks with Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh on March 5, Arreaza congratulated Vietnam on the success of the 13th National Party Congress, while praising the Southeast Asian country’s efforts in fighting the COVID-19 pandemic as well as in maintaining economic growth momentum. Minh briefed on Vietnam’s situation and the outstanding outcome of the 13th National Party Congress as well as the country’s COVID-19 response measures and solutions to promote socio-economic development and ensure social security. He affirmed that Vietnam supports efforts by the constitutional government of Venezuela to promote political dialogue on the basis of respecting Venezuela’s Constitution and aspirations of Venezuelan people, thus gradually solving difficulties and boosting socio-economic development in the current context. The two officials focused their discussion on measures to further enhance the friendship and cooperation … [Read more...] about Vietnam, Venezuela seek to beef up friendship, cooperation
Winners of Kovalevskaia Award 2020 honoured
Addressing the ceremony, Chairwoman of the Vietnam Women’s Union Central Committee Ha Thi Nga said that the noble award was named after Russian mathematician Sofia Kovalevskaia and was introduced to Vietnam in 1985. This is an international award dedicated to female scientists in recognition of their significant contribution toscientific research and in the application of science and technology, especially the natural sciences, an area playing a key role in the knowledge economy. Over the past 35 years, the Kovalevskaia Award has been presented to 20 female collectives and 49 individuals in the areas of mathematics, physics, chemistry, biology, agriculture, medicine, information technology, and others. “The contributions of collectives and individuals who have won the Kovalevskaia Award demonstrate the talent, ability, creativity and wisdom of Vietnamese female scientists on their way to conquering many scientificheights,” said Ha Thi Nga. At the ceremony, the Kovalevskaia … [Read more...] about Winners of Kovalevskaia Award 2020 honoured