Children’s Day/Kodomo-no-Hi Festivities Planned at JACCC_FB88
Teachersandstudentsattheopeningceremonyofthenewschoolyearof2024-25atVi?t??cHighSchoolinHàN?i.—VNA/VNSPhotoTu?nAnhHàN?I—HàN?ihasachievedremarkablemilestonesinenhancingliteracy,nurturingtalentandprovidingcomprehensiveeducationalqualityoverthepast70yearssincetheliberationofthecapital.DirectorofthemunicipalEducationandTrainingDepartment,Tr?nTh?C??ng,saidthecitycurrentlyboasts2,913publicschools,educatingnearly2.3millionstudents,supportedbyaround130,000teachers.Theschoolsincludeoneinstitutionfortrainingeducationalstaffand29centresforvocationalandeducation,withnearly80percentofpublicschoolsmeetingnationalstandards.Thecityhasrecognised23high-qualityschoolsandispreparingtoinvestintheconstructionofsevenadvancedandmodernmulti-levelschools,eachspanningoverfivehectares.Fortheacademicyear2023-24,HàN?iledthenationwith184studentswinningawardsattheNationalExcellentStudentSelectionExam-anincreaseof43studentscomparedto2023.Additionally,threestudentssecuredaccoladesattheNationalScienceandTechnologyCompetition,while35studentsreceivednationalrecognitioninthestudententrepreneurshipcontest.Manystudentsexcelledininternationalcompetitions,withtwostudentsearninggoldmedalsattheInternationalBiologyOlympiadandtheInternationalChemistryOlympiad.ResultsfromtheNationalHighSchoolGraduationExamshowedsignificantimprovement,withHàN?irisingfiveplacestorank11thnationally.Thecapitalalsorecordedthehighestnumberofperfectscoresinthecountry,with915fullmarks.Furthermore,HàN?istudentsachieved339medals,placingsecondoverallatthe2024NationalPhù??ngSportsFestival.Previously,in1954,HàN?ihadjustthreekindergartens,96primaryschools,foursecondaryschoolsandonevocationalschool,servingfewerthan10,000students.Theprovisiononlymet20percentofthedemand,leaving80percentofchildrenfromworking-classfamiliesuneducated.UnwaveringeffortsAtthattime,in1954,thecityimplementedvariousmeasurestoencourageliteracy,mobilisingteachersandvolunteerstofacilitateeducation.Despitenumerouschallenges,justtendaysafterthecapitalcitywascompletelyliberated,HàN?ischoolsbeganthefirstacademicyear.PrimaryschoolsbeganonOctober15andsecondaryschoolsbeganonOctober18,1954.Thefirstdecadebetween1954and1965FB88followingliberationwascrucial.Theeducationsectorwastaskedwithhealingthewoundsofwarwhilerevitalisingtheeconomyandachievingeducationaldevelopmentgoalsthatcontributedtothecapitalsoverallprogress.Educatorsandeducationmanagersworkedtirelesslytoovercomehardships,focusingnotonlyonincreasingthequantityofschoolsbutalsoonenhancingquality.From1965to1975,thenationfacedseverechallenges.Whileprovidingsupporttothesouthernfront,theycontendedwiththedestructiveaerialbombardmentbyAmericanforcesinthenorth,allwhileensuringtheeducationsectorremainedstableandprogressive.Teachersandstudentswereevacuatedtoremoteruralareastocontinuetheirstudies.Theteachersworkedrelentlesslyeducatingthestudentswhilethenumberofschools,classesandstudentsconsistentlygrew.Followingthecompleteliberationofthesouthandtheunificationofthecountryin1975,HàN?iseducationsector,concentratedonimprovingeducationalquality,emphasisingtheimportanceofholisticeducation,vocationaltrainingandcareerguidanceforstudents.Studentsattheexperienceandcreativityareaof??Tr?ngV??ngSecondarySchoolinHàN?i.—VNA/VNSPhotoThanhTùngMajoreducationalhubFrom1986to2007,asthenationembarkedonareformjourney,thecityseducationsectorsawrobustgrowth,innovatingbothcurriculumandteachingmethods.Thecapitalbecameabeaconofeducationaldevelopment,beingthefirstlocalityinthecountrytoachieveuniversalprimaryeducationin1990andlowersecondaryeducationin1999.Diverseeducationallevelsandtypesflourished,includingpublic,semi-public,privateschools,demonstratingsignificantprogressinscale,qualityandeffectiveness,affirmingitsstatusasamajoreducationalhubnationwide.Since2008,followingtheadoptionofResolutionNo15oftheNationalAssemblyregardingadministrativeboundaryadjustments,HàN?ihascontinuedtoexpandinbothsizeandscope.Thescaleofeducationhassurged,positioningthecityattheforefrontofthenationintermsofthenumberofschools,teachersandstudents.HàN?ihasdevelopednumerouseducationalmodelsthatcatertotheincreasinglydiverselearningneedsofitscitizens.Generationsofstudentsfromthecapitalhaveemergedasahigh-qualityworkforce,contributingtheirtalentsandintellecttotheindustrialisationandmodernisationofboththecapitalandthecountry.Inrecentyears,themunicipalPartyCommittee,PeoplesCouncilandPeoplesCommitteeofHàN?ihaveconsistentlyprioritisedcomprehensiveeducationalreform,aimingtoelevatethequalityofhumanresourcesandcultivatearefinedandcivilisedcitizenry.Themissionisdeemedcrucialforthesustainabledevelopmentofthecapitalinthefuture.Notably,inJune2024,therevisedCapitalLawwasofficiallypassedbytheNationalAssemblyandwilltakeeffectfromJanuary1,2025.Thelawcreatesarobustframeworkforthecitytoconcentrateresourcesandachievecomprehensivedevelopment,includingineducationandtraining.Article22ofthelawoutlinesstrategiesforadvancingeducation,assertingthegoalofmakingHàN?iaprominentcentreforhigh-qualityeducation,adaptabletothenationaldigitaltransformation,innovationandinternationalintegration.Thelawalsounderscoresthenecessityofinvestingintheestablishmentofhigh-qualitypublicschools,educationalinstitutionsandmulti-leveleducationalfacilitiesthatensureconducivelearningenvironments.Italsomandatesthatpubliceducationalinstitutionscollaboratewithforeigneducationalestablishmentstonarrowthegapbetweenthepublicschoolsandprivateschools.TheinnovativemeasuresregardingeducationandtrainingintheArticle22showaprofoundcommitmenttoeducationalpriorities,affirmingthecontinuityandcoherenceofthePartyandStatesperspectiveoneducationasacornerstoneforpromotinganddevelopingthesocio-economiclandscapeofHàN?irapidlyandsustainably.Moreover,theaspirationsforadvancingthecityseducationalmissionwillensureitstandsasaleadingcentreforhigh-qualityeducation,responsivetonationaldigitaltransformations,innovationandinternationalintegration.Nguy?nTùngLam,VicePresidentoftheVi?tNamPsychologicalandEducationalScienceAssociation,saidthatthelaw,withitsuniqueprovisions,enabledHàN?itoundertakenumerousinitiatives.Theeducationsectormustleadthenation,maintainingitspositionasthelocomotive,hesaid.Torealisethis,thecityseducationsectormustfocusonestablishingschoolscentredonfourkeyelementsofautonomy,democracy,humanityandcreativity,withautonomybeingparamount.Eachschoolshouldhavetheindependencetoselecteducationalmethodsanddevelopcurriculathatcatertostudentsneedsandeducationalconditions,thusmaximisingtheirpotentialandqualities,headded.—VNS
Tr??ngM?Lan,formerChairwomanofV?nTh?nhPhátGroupattheHCMCityPeoplesCourtonThursday.VNA/VNSPhotoThanhV?HCMCITY–Afternearlyamonthoftrial,theHCMCityPeoplesCourtonThursdayannounceditsverdictinthesecondphaseofthecaseinvolvingpropertydeveloperV?nTh?nhPhátGroupandSaigonJointStockCommercialBank(SCB).Tr??ngM?Lan,formerChairwomanofV?nTh?nhPhátGroup,receivedalifesentenceforfraudulentappropriationofproperty,a12-yearjailsentenceformoneylaundering,andaneight-yearjailsentenceforillegalcross-bordercurrencytransportation.Thecombinedsentenceamountstolifeimprisonment.EarlieronApril11,Lanwassentencedto20yearsbehindbarsforgivingbribery,20yearsforviolatinglendingregulationsincreditinstitutions,andthedeathpenaltyforembezzlement.Thetotalsentenceshemustserveisthedeathpenalty.Theremaining33defendantsreceivedjailsentencesrangingfromtwoto23years.Amongthem,Tr??ngHu?Van,formerGeneralDirectorofV?nTh?nhPhátGroupandformerGeneralDirectorofWindsorPropertyManagementGroup,whoisalsoLansniece,wassentencedtofiveyearsinprisonforfraudulentappropriationofproperty.ChuNapKeeEric,formerChairmanoftheBoardofDirectorsofTimesSquareInvestmentCorporationandLanshusband,receivedatwo-yearprisonsentenceformoneylaundering.Tr??ngKhánhHoàng,formerGeneralDirectorofSCB,wassentencedto23yearsinprisonforhisinvolvementinallthethreechargesoffraudulentappropriationofproperty,moneylaundering,andillegalcross-bordercurrencytransportation.AccordingtotheindictmentbytheSupremePeoplesProcuracy,Lanbuiltavastnetworkofabout1,000subsidiariesandaffiliatedcompaniesundertheV?nTh?nhPhátumbrella,entrustingtheirmanagementtorelatives.DespitenotholdinganyofficialpositionatSCB,Lanwasitsmajorshareholder,controllingbetween85percentand91.5percentoftheshares.Lanandheraccomplicesselectedandappointedtheirrelativestokeypositionsatthebank,formedanumberofSCBunitsspecialisinginlendinganddisbursementatLansrequest,establishedandusedthousandsofghostcompanies.Thegroupcolludedwithleadersofmanyrelatedbusinessestocommitcrimes,andcreatedbogusloanprofilestowithdrawmoneyfromthebank,amongotheracts.FromOctober9,2018toOctober7,2022,Landirectedthecreationof2,527fakeloanrecords,withatotalvalueofVN?1,066trillion(US$44.4million).AsofOctober17,2022,LanandheraccomplicesstillowedVN?677.28trillioninloans,whichwereallbaddebts.Afterdeductingthevalueofcollaterals,thebadloanswerevaluedataroundVN?498trillion.AsofOctober7,2022,LanandheraccomplicesembezzledoverVN?30.081trillionfrom35,824victims,andlaunderedVN?445.747trillion.From2012-2022,theyillegallytransported$4.5billionacrosstheborder.Atthetrial,thedefendantswerealsodemandedtopay35,824victimsoverVN?30.081trillionincompensation.–VNSTr??ngM?LanatHCMCityPeoplesCourtonWednesday.Shereceivedalifesentenceforfraudandappropriation,addingtoherpriordeathsentenceforembezzlement.—VNA/VNSPhotoHCMCITY—TheSaigonCommercialBank(SCB),inwhichTr??ngM?Lan,chairwomanofV?nTh?nhPhátGroup,holdsasubstantialinterest,hasbeenimplicatedbyalocalcourtinaschemedefraudingaround36,000victims,mostlyitsdepositors,intopurchasingcounterfeitbonds.Afteraone-monthtrial,theHCMCityPeoplesCourtonThursdaysentenced68-year-oldLantolifeimprisonmentforfraud,moneylaundering,andillegalcurrencytransferacrossborders,inadditiontoherpriordeathsentenceforembezzlement,inpartofwhatisconsideredVi?tNamsworst-everfinancialfraud.ThecourtfoundthatLanwasresponsiblefordefraudingnearlyVN?31trillion(US$1.23billion)fromnearly36,000bondinvestors,launderingVN?445.7trillion,andillegallytransferring$4.5billionacrossborders.Between2018and2020,Lan,incollaborationwithexecutivesfromSCBandtheV?nTh?nhPhátGroup,utilisedfourcompaniestoissue25fraudulentbondtranches,accordingtojudFB88icialfindings.Lansschemeswerefacilitatedbycorruptofficials,includingaformercentralbankinspectorwhohasbeensentencedtolifeimprisonmentforaccepting$5.2millioninbribestoignorethemisconductatSCB.ThejurynotedthatthebondissuanceinvolvednumerousindividualsconnectedtoboththeV?nTh?nhPhátGroupandSCB.Lanandherassociatesemployeddeceptivetacticstoissuefraudulentbonds,whileSCBactivelysoughttoinduceitsdepositorstoacquirethem,thejurystated.ThecrimewascompleteduponthetransferoffundstoSCB.Thefundsfromsellingthefraudulentbondswereutilisedtosettledebts,includingaddressingfinancialchallengesfacedbySCB,andtoinvestinvariousrealestateprojects,withmassiveamountsbeingtransferredabroadunlawfully.Tr??ngHu?Van,Lansniece,wassentencedtofiveyearsformisappropriatingVN?13trillionfromover20,000victims.Lanshusband,EricChuNap-kee,receivedtwoyearsforlaunderingoverVN?30billion.Lanssister-in-law,Ng?ThanhNh?,gotfiveyearsforpropertyappropriation.FormerSCBdeputydirectorTr??ngKhánhHoàngwassentencedto23yearsforaidingLan.FormergeneraldirectorV?T?nHoàngV?nreceived17yearsforpropertyappropriationandillegalcurrencytransfer.FormerchairmanBùiAnhD?ngwassentencedto10yearsforsimilarcharges.Allhaveacceptedresponsibilityfortheiractions.Lanhasrequestedthecourtconsidervariousfundsforthepurposeofcompensationandhasproposedtooffersignificantassetsasrestitutionforthevictims.PreviouslysentencedtodeathforembezzlementfromSCB,Lansappealinthatmatterremainspending.Between2012and2022,Lanoversawover2,500loanswithinhernetwork,withmorethan1,300stilloutstandingasofOctober2022,totalingVN?673.8trillion.Followingherarrestattheendof2022,certainbondissuersdefaultedontheirdebtobligations,andtheremainingbondshavesincebeenfrozen.Consequently,bondholdershavenotreceivedanyprincipalorinterestpaymentssincethattime.PrivatelenderSCBwasimmediatelyplacedunderthesupervisionoftheCentralbanktopreventabankrun.TheCentralbankhasguaranteedonlythesavingsaccountsatSCBbuthasdeclinedtoassumeanyresponsibilityforbondholders.TheheadquartersofSaigonCommercialBank(SCB)inHCMCity,whichhasbeenidentifiedasplayingakeyroleindefraudingover36,000victimsintopurchasingfraudulentbonds.—VNSPhotoB?XuanHi?pAnti-corruptiondriveThearrestofLanattheendof2022isamajormilestoneinanationwideanti-corruptioncampaign,referredtoasBurningFurnace,initiatedin2016.Themassivecampaign,whichhasintensifiedinrecentyears,hasledtothescrutinyofhigh-rankingofficialsandhasimpactednumerousindividualsacrossvariouslevelsofgovernment.Thecrackdownoncorruptionhasresultedintheforcedresignationsofnumerousseniorofficials,andincarcerationforseveralprominentfiguresinboththegovernmentandbusinesssectors.Lanisthefirstbusinesswomantobesentencedtodeath,markinghercaseasthemosthigh-profileinstancetodate.Originallyacosmeticsvendor,Tr??ngM?LansubsequentlyascendedtoleadershipofV?nTh?nhPhátGroup,aprominentrealestatedeveloperinVi?tNam.ThescandalhasrevealedsignificantissuesinVi?tNamsbankingsector,particularlyconcerningcross-ownership,whichallowsundueinfluenceoverbanks.—VNS
AprojectwhichaimstoimprovefarmerslivesinAnGiangProvincebydevelopingmodelstoutiliseandprocessagriculturalby-productsfromricestrawstomakevaluableproductshasgainedpositiveresults.TheprojectiscarriedoutbyHoChiMinhCityUniversityforNaturalResourcesandEnvironmentandtheLongAnProvinceDepartmentofNaturalResourcesandEnvironmentwiththesupportoftheVietnamAssociationfortheConservationofNatureandEnvironment(VACNE).IthasalsobeenaccomplishedthroughacollaborativeeffortwiththeGlobalAllianceonHealthandPollution(GAHP)undertheauspicesofaidfromtheUKgovernment.ChauThanhisapurelyagriculturaldistrictofAnGiangProvince,wherericeisthemaincrop,withatotalareaofmorethan79,457ha.Only36.7percentofthericestrawinthedistrictsgrowingarea(29,167.65ha)iscollected.Accordingtotheprojectsorganisers,theydecidedtoimplementtheprojectastheybelievedthatfarmerscanonlychangetheirpracticeofburningstrawinthefieldwhentherearemodelsofusingstrawtocreateincome.Afarmerintroducesthemodelofcompostingricestrawwithureatofeedcows.Lookingatriceby-productutilisationmodelsinplaceinthewholeprovince,theprojectorganiserssetupthreepilotprojectsforricestrawutilisation:growingmushroomsinricestraw,applyingthemodelofcompostingstrawwithureatofeedcows,andcompostingstrawasfertiliser.Afarmerfeedscowswithricestrawcompostedwithurea.Theprojecthaseffectivelyraisedawarenessabouttheenvironmentaldamageandeconomicinefficiencyofburningricestraws.Throughmediacampaigns,technicalguides,andsocialmediaoutreach,ithasromotedsustainablealternativeslikeusingriceby-productsforproductslikestrawmushroomsandcompost.Tofosteradoption,theprojectorganisershavedevelopedpracticaltrainingprogrammesforfarmers,equippingthemwiththeskillstoimplementthesemodelsandboosttheirincome,likethecaseinVinhThanhcommune.Theprojecthasreplicatedtheapplicationofmodelstomakeuseofwastefromriceintheprovincebycoordinatingwithcommunestoselect12householdstoparticipateinthemodels.Undertheprogramme,thehouseholdshavebeenprovidedinitialtechnicalguidanceandregularmonitoringandsupportthroughoutthemodelimplementationprocess.Theprogrammehasaidedfeesforfourhouseholds(VND2millionforahousehold).Afarmerperformstheindoorstrawmushroomgrowingmodel.Finally,theprojecthasdeployed12modelsinthedistrict,includingfourindoormushroom-growingmodelsinVinhNhuanandCanDangcommunes;fourcompostingmodels;andfourmodelsofcompostingstrawwithureaforanimalfeedinVinhThanh,TanPhu,BinhHoa,andHoaBinhThanhcommunes.Themodelshavebeenwelcomedbyfarmersbecause,inadditiontoenvironmentalbenefits,theyalsobringspecificeconomicefficiencytohouseholds.Interviewswith11farmerhouseholdsimplementingcompostingfromstrawshowedthatthemodelscaleisfrom8-20sq.m(using25-80rollsofstraw).Afterdeductingtheinitialinvestmentcostsandeachcrop,participantswillhaveanadditionalincomeofVND3.1-5million.Interviewswithsevenhouseholdsgrowingmushroomsindoorsshowedthatwithascaleof20-300sq.m(using40-500rollsofstraw),afterdeductingtheinitialinvestmentcostsandactualcostsofeachcrop,theywillhaveanadditionalincomeofVND3-12million.Meanwhile,compostingwithureatomakeanimalfeedwillsavelabourdayscomparedtocuttinggrasstofeedcattle.Besides,thestrawrollingservicebymachinealsobringsaprofitofaboutVND7millionforthestrawrollingmachine,reaching4haperdayand200rollsperha.ThefieldownerwillbepaidVN?500,000perha.Theprojectsresultsshowthatusingstrawinbeneficialmodelshascontributedtoreducingairpollution,limitingthegreenhouseeffect,returningnutrientstothesoil,limitingsoilloss,andminimisingrice-growinglandcontamination.Themodelsaresuitableforlocaldevelopmentconditionsastheycreatemorejobsforruralworkers,takeadvantageofidlelabour,andcreateconditionsforgenderbalance.ThisisafavourablepremiseforreplicatingthemodelsthroughoutAnGiangprovince,whereupto70percentofthenaturalareaisusedforricecultivation.VNSPeaceCorpsvolunteersarriveinHàN?ionThursday.—PhotocourtesyoftheUSEmbassyinVi?tNamHàN?I—Vi?tNamhaswelcomeditslargestgroupofUSPeaceCorpsvolunteerssincetheprogrammebegan,with20volunteersarrivingthismonthtosupportEnglisheducationinVietnamesehighschools.Thismilestonefollowsthe2020ImplementingAgreementbetweentheUSandVietnamesegovernments,withPeaceCorpsandtheMinistryofEducationandTraining(MoET)astheimplementingentities.ThevolunteerswillbebasedinhighschoolsacrossHàN?iandHCMCitystartinginDecember2024.TheywillworkalongsidelocalteacherstodevelopVietnamesestudentsEnglishskills,creatinggreateraccesstoeducationalandemploymentopportunities.Somevolunteerswillco-teachinschoolswherecurrentvolunteersarenowconcludingtheirservice.ThisisthelargestgroupofPeaceCorpsvolunteertraineesarrivingtoserveinVi?tNam.ItheraldscontinuedgoodwillasPeaceCorpsbuildsrelationshipsandtrustwithourpartners,saidMikelHerrington,PeaceCorpsVi?tNamCountryDirector.HerringtonaddedthatthegroupsarrivalmarksasignificantmilestoneaswecelebratethefirstfiveyearsofcooperationunderourcountriesImplementingAgreementin2025.Immediatelyaftertheirarrival,thevolunteersbeganacomprehensive10-weektrainingprogrammewhichincludesVietnameselanguageclasses,TeachingEnglishasaForeignLanguage(TEFL)sessions,andapracticumwithlocalteachers.ThetrainingwillhelpstrengthentheskillsnecessarytoadapttothelocalcontextandworkeffectivelyinVi?tNamseducationalsystem.ThosewhocompletetheprogramwillbesworninDecember2024,markingtheofficialstartoftheirservice.Asthetwonationspreparetocelebratethe30thanniversaryofdiplomaticrelationsin2025,thearrivalofthesePeaceCorpsvolunteersreaffirmsthesharedcommitmenttodeepeningpeople-to-peopletiesandstrengtheningbilateralrelations.ThearrivalofthisnewgroupbringsthetotalnumberofcurrentlyservingPeaceCorpsvolunteersinVi?tNamto36.PeaceCorpsisanindependentagencyundertheExecutiveBranchoftheUSgovernment,whichoperatesavolunteerprogrammetoprovide-----hostgovernmentswithassistanceontheirdevelopmentpriorities.SinceUSPresidentJohnF.KennedyestablishedthePeaceCorpsin1961,over240,000Americanshaveservedasvolunteersinmorethan142countries.Vi?tNamisthe143rdcountrytoinviteandpartnerwiththePeaceCorps.—VNSTheBetterLifeFarminginitiativeprovidesfarmerswithadvancedsolutionsandtechnicaladvicetoincreaseyieldandquality.PhotoCourtesyofBayerVietnam??KL?K–HundredsoflocalsmallholdercoffeeanddurianfarmersintheCentralHighlandsprovinceof??kL?kwillbenefitfromBayerVietnamsBetterLifeFarmingAlliancemeanttoprovidethemwithaccesstoinnovativesolutionsandexpertconsultancytoenhancefarmingefficiencyandharvestqualityandempowerthem.ThelaunchoffBLF,basedonstrongglobalandlocalpartnershipstoenablesmallholderstogetaccesstotheknowledge,solutionsandtechnologiestheyneed,marksasignificantstepinBayerVietnamscommitmenttopromotingregenerativeagricultureforkeycropsacrossthecountry.UnlockingsmallholderfarmersfullpotentialAsthedemandforhigh-qualitydurianandcoffeecontinuestorise,Vietnamesefarmersfindthemselvesatacrucialjuncture.Whilethesecropspresentsignificanteconomicopportunities,theyalsoposesubstantialchallenges,particularlyduetoclimatechange,leadingtoextremeweather,widespreadpests,watershortages,anddecliningsoilquality.Regardingduriancultivation,thenationwideareadedicatedtothiscrophasreached150,000ha.Despitethisgrowth,thesectorfacesfragmentation,inconsistencyinproductionandexports,posingriskstosmallholderfarmers.Thepivotalobjectivesoutlinedinthenationalstrategyfordevelopingkeyfruitcropsby2025and2030byMARDemphasisetheimportanceofprioritisingcomprehensivemodernfarmingtechniquesinduriancultivationtoimproveoutputqualityandeffectivelymanageresiduesintheharvest.Thesetechniquesincludewater-efficientirrigation,precisefertilisation,effectivepestanddiseasecontrol,andflowerinductionmethodologies.Thestrategyalsoaimstofostermarketdevelopmentandpromoteproductdiversification.Meanwhile,MARDsplanforkeyindustrialcropsby2030envisionsensuring40percentofVi?tNams660,000haofcoffeelands,including600,000haintheCentralHighlands,adheretoglobalandregionalproductionstandards,elevatingthevalueofthecountryscoffeeinthemarketplace.Inresponsetothesepressingchallenges,farmersareincreasinglyadoptingmodernandsustainableagriculturalpracticesthatenhancequalityandproductivitywhileprotectingthevitalityandresilienceoftheirsoilandcrops.Theyareactivelyseekingtobuildconnectionswithconsumermarketstosecurebusinessopportunitiesandmaximiseprofitabilityfortheirproduce.Giventhiscontext,thelaunchofBetterLifeFarming,withafocusonsupportingcoffeeanddurianfarmers,hasgreatrelevance.BuiltonBayerVietnamslongstandingpublic-privatecollaborationwiththeNationalAgriculturalExtensionCentre(NAEC)andtheWesternHighlandsAgro-ForestryScientificandTechnicalInstitute,thisinitiativeintendstoaddressthegrowingdemandforsustainablesolutionsandhelpsmallholdersfulfiltheirfullpotential.PriortothelaunchofBFLVietnamonOctober14,2024,anMOUsigningceremonywasheldinHàN?itoextendthestrategicpartnershipbetweenNAECandBayerVietnam.ThispartnershipwillfocusonsupportingtheGovernmentsnationalstrategiesforsustainabletransformationandthedevelopmentofkeycropsinVi?tNam.LêQu?cThanh,generaldirectorofNAEC,said:Thispartnership,whichnowincludesnotonlyricebutalsodurianandcoffee,leveragesNAECsrobustextensionnetworkandtrainingcapabilitiesatboththeprovincialandnationallevels.Together,wearecommittedtoempoweringfarmerstoadoptinnovativepracticesthatwillimprovetheirlivelihoods,elevatetheeconomicvalueofouragriculturalsector,andmeetinternationalexportstandards,ultimatelyincreasingthevalueofVietnameseagriculturalproductsontheglobalstage.BetterLifeFarming,foundedbyBayer,theInternationalFinanceCorporation,Netafim,andjoinedbyYaraisapublic-privatealliancethatcontinuestoexpanditsnetworkofglobalandlocalpartnersrangingfromprivateplayersandgovernmentstotheagriculturalvaluechain.Asthealliancebroadensitsreach,BetterLifeFarmingwelcomesnewlocalandglobalpartnerswhoshareacommongoalofcreatinglastingimpactsforfarmers,addressingtheneedsofsmallholderfarmersthroughtheentirevaluechainandtransformingfarmingintoareliableandappealingvocationthatensuresstableincomes,improvedlivelihoodsandabetterqualityoflife.InVi?tNam,thisinitiativehassuccessfullyengagedprivateenterprisesandlocalgovernmentalentitiestoestablishacomprehensiveecosystemtosupportfarmersanddrivesocial,economicandenvironmentalsustainability.–VNSFB88
Thesuspectsinacreditcardfraudschemeledby?àoTh?Ki?uOanh.—PhotocourtesyofthepoliceHCMCITY—A35-year-oldwomanandheraccompliceshavebeenaccusedofimpersonatingbankemployeestodefraud614VisaandMasterCardcardholders,resultingintheembezzlementofoverVN?1.8billion(US$72,000).TheHCMCityPoliceonTuesday(October16)arrested?àoTh?Ki?uOanhand14otherindividualsforusingelectronicmeanstocommittheft.ThisoperationispartofabroaderinvestigationintoacriminalnetworkledbyOanhandanotherwoman,LêTh?KimHoa,31,alongotherindividuals.FromOctobertoDecember2022,thegroupdeceivedcardholdersintowithdrawingmorethanVN?7.2billion,andthusmisappropriatingoverVN?1.8billionfromthem.Theyclaimedtoofferapolicyallowingcustomerstoconvert75percentoftheircreditlimitintocashatlowinterestrates.Aftergainingcardinformation,theyconductedfraudulenttransactionsthroughelectronicpaymentgateways,transferringmoneyintoaccountstheycontrolled,accordingtothepolice.ThepoliceraidedthreeofficesonDecember28,2022,detainingOanh,Hoa,andover80others,seizingvariousequipmentincludingcomputers,phones,andvehicles.Theinvestigationisongoing.—VNSLêTh?KimNgan,30,inHCMCityisaccusedoforganisinginanillegaltemporaryresidencycaseforsixforeigntravellersinHCMCityandH?iAnCity.—PhotocourtesyofQu?ngNamProvincialPublicSecurityDepartmentQU?NGNAM—Qu?ngNamProvincespublicsecuritydepartmentsinvestigationunithasdecidedtoprosecutetwomorepeopleinvolvinginanillegaltemporaryresidencycasefollowinganexpandedinvestigation.TheinvestigationpoliceunitsaidLeeTheKimNgan,30andL??ngQu?cAnh,38,inHCMCity,werefoundtobepartofagrouphelpingsixforeigntouristsstayillegallyinVi?tNamaftertheirvisasweregoingtoexpire.Thetwonewaccusedhadhelpedthesixforeigners–whoweretravellinginVi?tNamandwerestayinginH?iAnandHCMCity–inreturnforVN?11million(US$438).L??ngQu?cAnh,38,inHCMCityremainsincustodyduringtheinvestigationintoanillegaltemporaryresidencycaseforsixforeignersinVi?tNam.PhotocourtesyofQu?ngNamProvincialPublicSecurityDepartmentThepolicesaytheyarekeepingNguy?nNg?cHànMi,29,themastermindofthecase,incustodyinJulyforfurtherinvestigation.Mi,wholivesinHCMCity,wasidentifiedasakeyplayerwhomastermindedtheresidencyscamforbusinessandworkpermissions.HeboughtacompanyinVi?tNaminordertosubmitfakeprocedurestorelevantagenciesinordertogetinvestmentcertificatesandworkpermissionpapersforthesixforeigners.ThesixforeignerswerethenabletogetcertificatestostayinVi?tNam.MiearnedVN?38millionfromthefakeprocedures.WhileAnhremainsincustody,NganwasbannedfromleavingherhouseinHCMCity.Investigationsarestillongoing.—VNS
AnewbreakwaterandfloodprotectionprojectforTháiAnVillageisunderconstruction.VNA/VNSPhotosNINHTHU?N—Anumberofinfrastructureprojectsarebeingbuiltinthesouth-centralprovinceofNinhThu?n,aftertheconstructionoftwonuclearpowerplantswasshelved.TheprojectsofNinhThu?n1NuclearPowerPlant,coveringanareaof??440ha,andNinhThu?n2NuclearPowerPlant,withanareaof??380haandatotalcapacityof4,000MW,wereapprovedbytheNationalAssemblyin2009.However,inNovember2016,theNationalAssemblydecidedtohalttheprojects.InJuly2023,thePeoplesCommitteeofNinhThu?nProvinceannouncedthecancellationoflandacquisitionforcompensationandsiteclearancerelatedtotheprojects.InV?nhH?iCommune,wheretheNinhThu?n2NuclearPowerPlantwasplannedtobeconstructed,fournewinfrastructureworksarebeingbuiltwithabudgetofVN?175billionsourcedfromtheState.TheyincludenewbreakwaterandfloodprotectionstructuresforTháiAnVillage,threeroadsconnectingproductionareas,anupgradeoftheoldprovincialroad702,B?uTróPond,andawatersupplysystemfromH?Qu?tStream.NinhThu?nProvincePeoplesCommitteehasallocatednearlyVN?55billionfromlocalbudgetsourcesinthe2021-25medium-termpublicinvestmentplantoimplementeightotherprojects,includingnewschools,repairingcommunityhouses,buildingdrainagesystems,roadsandirrigationworks.UpgradingB?uTróPondDirectoroftheNinhH?iDistrictConstructionInvestmentProjectManagementBoard(representingtheinvestor)Nguy?n??c??nh,saidthatwhencompleted,B?uTróPondwillprovideabout400,000cu.mofwatertoTháiAn-akeygrapegrowingarea.Otherprojectssuchasbreakwatersandfloodbarrierswillhelppreventlandslides,whileupgradedroadswillmaketransportationeasierandensuresafetyforlocalpeopleduringtherainyseason,hesaid.Theprojectmanagementboardandtheconstructionunitaredeterminedtospeedupprogresstocompletethesefourcomponentprojectsbytheendof2024.AnoverviewofV?nhTr??ngHamletinPh??cDinhCommunewheretheNinhThu?n1NuclearPowerPlantwasplannedtobeconstructed.InPh??cDinhCommune,wheretheNinhThu?n1NuclearPowerPlantwastohavebeenbuilt,sixprojectsareunderconstruction.UsingStateandlocalbudgetsofnearlyVN?200billiontheyincludetheupgradeandexpansionofRoadNo701,coveringover3.7km,constructionofthreenewroutesconnectingRoadNo701withacoastalroad,constructionofadrainagesystem,floodandwaveprotectionembankmentsandalocalkindergarten.ArouteconnectingRoad701withacoastalroadisunderconstructioninPh??cDinhCommune.Duringarecenton-siteinspection,ChairmanoftheNinhThu?nProvincePeoplesCommitteeTr?nQu?cNamsaidthesewereimportantprojectsthattheNationalAssemblyandtheGovernmenthadruledwouldbeapriority,freeingupinvestmentresourcestoimprovethelivesofpeopleinthearea.Aftercompletion,theprojectswillhelpensuresmoothtraffic,facilitateresponsestonaturaldisasters,tackletheimpactsofclimatechange,andstrengthennationaldefenceandsecurity,hesaid.—VNS
AruralroadwithabridgeinTanTayCommune,Th?nhHoáDistrict,LongAnProvince.Theprovinceisbuildinganumberofnewruralroadstofacilitatetravelforpeopleandthetransportofgoodsinruralareas.–VNA/VNSPhotoMinhH?ngLONGAN–LongAnProvinceisprioritisingdevelopmentoftransportinfrastructure,withafocusonbuildingnewbridgesandruralroads.TheC?uLong(Mekong)Deltaprovinceisbuildingnewconcretebridgestoreplaceoldonesalongintra-provincialroads.OnProvincialRoad831,runningthroughtheborderdistrictsofTanH?ngandV?nhH?ng,arebeingbuiltsixconcretebridgestoreplaceoldironones.ConstructionoftheCanal28Bridge,oneofthesix,beganinJuneandisexpectedtobecompletedinDecember2025.Constructionoftherestwillbeginthisquarterandearlynextyear.TheywillcostnearlyVN?290billion(US$11.7million)andareestimatedtobecompletedby2027.ProvincialRoad831linksLongAnand??ngThápprovinces,andplaysanimportantroleinLongAnssocio-economicdevelopment,nationalsecurityandregionalconnectivity,accordingtotheprovinceDepartmentofTransport.??ngHoàngTu?n,directorofthedepartment,saidtheprovincealsohas19otheroldironbridges.Ofthem,sixareonProvincialRoad817,whichrunsthroughthedistrictsofTh?Th?a,Th?nhHoáandM?cHoá,andwillbebuiltin2025,withtherestcompletedbetween2026and2030,hesaid.AnoldironbridgeonProvincialRoad831inLongAnthathasdeteriorated.Theprovinceisimplementingaprojecttoreplacesixoldironbridgesontheroadwithconcreteones.–Photobaolongan.vnRuralroadsLongAnisimplementingaplantosupporttheconstructionofruralroadsonapilotbasisbetween2024and2025tomeetdevelopmentalneedsandacceleratethebuildingofnew-styleruralareas.Fundingforitcomesfromtheprovince,privateinvestorsandthepublic.Undertheplan,theprovincehasbegunconstructionofaroadalongKT8CanalinKhánhH?ngCommune,V?nhH?ngDistrict,betweenthehamletsofBàuSenandTàNu.Theroadis3.5kmlong,4metreswide,andwillcostVN?8.5billion(US$340,000).VicemHàTiênCementJointStockCompanyhasdonated1,247tonnesofcementworthVN?2.4billion(US$97,000)foritsconstruction.ThedistrictadministrationhasprovidedVN?4.3billion(US$173,000)forbuyingsandandrocks,andthecommuneiscoveringtheremainingcostslikeworkerswagesandmachineryrents.Tr?nV?nC??ng,chairmanoftheV?nhH?ngDistrictPeoplesCommittee,saidthatforthe2024-25plan,thedistrictisbeingallocatedaround5,000tonnesofcementtoconstruct13.9kmofhamletroads.Theconstructionoftheseroadsiscrucialformeetingthetransportneedsoflocalpeople,ensuringsafetravel,andcontributingtothedistrictssocio-economicdevelopment.Nguy?nMinhLam,deputychairmanoftheprovincePeoplesCommittee,hascalledonlocalitiestotakeallnecessarymeasuresandmobiliseallavailableresourcestoeffectivelyimplementapprovedprojectsundertheplan.Healsourgedauthoritiesatalllevelstomonitorconstructionqualityandspending.RelevantdepartmentsandsectorsmuststrictlyfulfilthetasksassignedbytheprovincePeoplesCommittee,hesaid.Thepublichasactivelycontributedtotheconstructionofruralroadsbydonatingland,moneyandlabour.Nguy?nC?ngH?uofPh??cLyCommuneinC?nGiu?cDistrictdonated1,000sq.moflandtowidenaroadinhisneighbourhood.Iseethatwideningtheroadhelpsstudentstraveltoschooleasierandenablespeopletotransportgoods,hesaid.Theprovinceaimstoconstruct153kmofhamletroadsatleastfourmetreswidebetween2024and2025.Aresolutionissuedbythe11thProvincialPartyCongress,term2020-2025,calledformobilisingallresourcestodevelopacomprehensivetransportinfrastructuresystem.Theprovincehas8,827kmofroadsnow,including1,119kmofearthenroads.Thenetworkislargelycompleted,contributingtosocio-economicdevelopmentandensuringnationaldefenceandsecurity,accordingtoTu?n.Thecompletionofkeytransportprojectstoenableindustrialandurbandevelopmenthasinstilledconfidenceininvestorsandattractedthemtotheprovince,hesaid.LongAnhasanimportantpositioninthesouthernregionasthegatewaybetweentheMekongDeltaandthesoutheasternregion,borderingCambodiaandHCMCityandlocatedinthesouthernkeyeconomiczone.–VNSTr??ngM?Lan,forrmerchairwomanofV?nTh?nhPhátGroup,atherappealstrialattheHCMCityPeoplesHighCourtonMonday.—VNA/VNSPhotoHCMCITY—TheHCMCityPeoplesHighCourtonMondaybegandeliberationsregardingpropertytycoonTr??ngM?Lansappealagainstherdeathpenaltyverdictrenderedatatrialearlierthisyearformassivefraud.ThecourtwillreviewtherequestoftheV?nTh?nhPhátchairwomanforareducedsentence,aswellastheappealsof47otherdefendants,duringathree-weeksessionattendedby100legalrepresentatives.Inherfive-pagehandwrittenappeal,Lansaidthedeathsentenceimposeduponherwasexcessivelysevereandharsh.Sheurgedthecourttoadoptamorelenientandhumaneapproach.Inpursuitofmypassionforbusinessandmyaspirationtocontributetosocietybydevelopingworld-classprojectsforVi?tNam,Ihavemadesignificantpersonalsacrifices,affectingbothmyhappinessandthatofmyfamily,statedherappeal.Lanexpressedthatshehasenduredconsiderabledistressduetothepressuresofnegativepublicperception.Eachnight,Ifindmyselftormented,questioningwhymyfamilyandIaresubjectedtothesecircumstances,shewrote.LanwassentencedtodeathinatrialinAprilforembezzlingUS$27billionfromSaigonCommercialBank(SCB),equivalentto6percentofVi?tNamsGDPin2023.Lanalsoreceivedalifesentenceinaseparatetriallastmonthforfraudulentappropriationofassetsthroughcounterfeitbondissuanceandillegalcross-bordermoneytransfers,amongothers.Recentdatafromauthoritiesshowedthatatleast42,000victims,whoboughtthefakebondsissuedbythebank,sufferedsignificantfinanciallosses,shockingthenationandincitingrareprotestsfromaffectedindividuals.ThecourtmandatedthatLancompensatetheentireamountofthefraud.Lanshusband,EricChu,andherniece,Tr??ngHu?Van,receivedsentencesofnineand17years,respectively,fortheirrolesinabettingheractions.??Th?Nhàn,theheadbankinginspectoroftheStateBankofVi?tNam,wasconvictedofacceptingbribestotaling$5.2millionfromLanandwassentencedtolifeimprisonment.Nguy?nCaoTríwasfoundguiltyofdefraudingLanoutofVN?1trillionandreceivedaneight-yearprisonsentence.Hehassincereturnedthefullamount.—VNS
TwogoldtradingfirmsinHCMCityhavebeenfinedVN?200millionforsellingunverifiedgoldonplatforms.—VNA/VNSPhotoHCMCITY—TwogoldtradingfirmsinHCMCityhavebeenfinedVN?200million(US$7,800)forsellingunverifiedgoldonplatformssuchasTikTokandZalo.TheHCMCityManagementDepartmentidentifiedthesefirmsinHócM?nDistrictand,alongwithlocalpolice,conductedinspectionsthatledtotheconfiscationoffourgoldjewelryitemsworthoverVN?100million.Theactionispartofabroaderinitiativebythedepartmenttomonitore-commerceactivities.InOctober,officialsseizednumerousotherunverifiedgoods,imposingtotalfinesofVN?350millionandconfiscatingitemsvaluedatoverVN?210million.Therehasbeenasurgeingroupstrading24Kgoldonsocialmedia,withonegrouphavingover65,000membersanddailytransactionsatpricesexceedingmarketvaluebyVN?1toVN?3million,reachinguptoVN?92millionpertael,accordingtolocalauthorities.Inaddition,certainsocialmediaaccountsarepromotingthepurchaseofringsfrombrandssuchasB?oTínMinhChau,DOJI,andPNJathigherprices.Marketauthoritieshavepreviouslyinspectedgoldtradingandjewelrysalesduetosignificantfluctuationsingoldprices.AshortageofSJCgoldbarsandringsinofficialchannelshasspikeddemandintheunofficialmarket,butexpertshavewarnedofpotentialrisks.InMay,theStateBankofVietnaminspectedmajorcompanies,includingSJC,DOJI,PNJ,andB?oTínMinhChau,alongwithtwobanks(TPBankandEximBank),toensurecompliancewithgoldtradingregulationsandanti-moneylaunderingmeasures.—VNSVisitorsobservetheskyattheAstronomicalObservatoryinHàN?i.—VNA/VNSPhotoHàN?I—InNovember,skywatchersareinforaspectaculartreatwithtworarefireballmeteorshowers:theSouthernTauridsandNorthernTaurids.Thesemeteorshowers,knownfortheirbright,slow-movingfireballs,willbevisiblefromEarth,withoptimalviewingconditionsexpected.TheSouthernTaurids,originatingfromtheconstellationTaurus,willpeakonNovember5.InVi?tNam,thebesttimetocatchthiscosmicdisplaywillbeonthenightofNovember4andintotheearlyhoursofNovember5.Space.comreportsthat2024sSouthernTauridswillbeeasiertoobserveastheMoonwillonlyreachabout15percentbrightnessduringthepeak,creatingidealconditionsforspottingthesedazzlingmeteors.However,theNorthernTaurids,whichpeakonthenightofNovember11intothemorningofNovember12,maybesomewhatobscuredbytheMoons84percentbrightness,affectingthevisibilityofsomeofthedimmestmeteorsintheshower.AlthoughbothTauridshowersareexpectedtoproduceamodestnumberofmeteorsperhour,theystandoutfortheirsizeandbrightness,makingthemsomeofthemostremarkableoftheyear.TheTauridsarerichinfireballs,soifyouseeaTauriditcanbeverybrilliantanditllknockyoureyesout,buttheirratesabsolutelysuck,NASAmeteorexpertBillCookeexplained.ItssimplythefactthatwhenaTauridappearsitsusuallybigandbright.Unliketypicalmeteors,Tauridfireballsarelarger,enduringlongerastheytravelthroughearthsatmosphere.NASAnotesthatwhilemostOrionidmeteorsburnupataround93kmaltitude,Tauridscanreachdepthsof66km,puttingonalonger-lastingshow.Thesemeteorsmoveataround27kmpersecond,muchslowerthanmeteorsfromthePerseidshower,whichtravelat5kmpersecond.AlthoughtheTauridsappeartoradiatefromTaurus,theyactuallyoriginatefromthemassivecometEncke,whosenucleusisabout4.8mwide.—VNS
FishingvesselsinQu?ngBìnhProvince.VNA/VNSPhotoQU?NGBìNH–CommunesinthecentralcoastalprovinceofQu?ngBìnhhavebeenrequestedtoorganiseforces,allocatepersonnel,andprovideequipmenttomonitorthehandlingofseafoodatregisteredpoints,aspartofthelocaleffortstohelplifttheEuropeanCommission(EC)syellowcardwarningonillegal,unreportedandunregulated(IUU)fishing.Accordingly,itisnecessaryforthemtoorganisestrictsupervisionofseafoodpurchasingfacilitiesinthearea,ensuringthat100percentofthefishingvesselsunloadtheircatchesatdesignatedType-IIandType-IIIfishingportsandregisteredunloadingpoints.Thereshouldalsobeastrictprohibitiononfishingvesselsunloadingatunregistereddocksormakeshiftwharves.Seriousactionsaresettobetakenagainstthosewhoassistorconsumeseafoodfromvesselsviolatinganti-IUUfishingregulations.Effortsmustbemadetocollectlogsandreportsonseafoodexploitation,aswellasregularlyupdatethisdataintothenationalfisheriesdatabasesoftware,theVNfishbase.Inaddition,theBorderGuardCommandhasbeentaskedwithcoordinatingwithlocalcoastalwardsandcommunesandtheprovincialfisheriessub-departmenttopreventfishingvesselsfromunloadingatunregistereddocksandmakeshiftwharvesoutsidefishingportsandregisteredpointsinthemaritimeborderarea.Togetherwithfisheriesinspectionforces,thecommandwillconductseapatrolstoinspect,detect,andstrictlyhandleviolationsrelatedtotheexploitation,purchasing,andtransshipmentofseafoodatseawithoutdeclaration.InQuangBinh,localities,fishingports,andrelevantunitshavemonitoredseafoodexploitationvolumesasrequired,andalllocalunloadingpointshavebeensupervised.However,themonitoringofthesevolumeshasyettobethorough.VNSAmedicinewarehouseatahospital.VNA/VNSIllustrativeimageHàN?I–TheMinistryofHealthhasproposedapolicytoencouragethetransferofnewandinnovativedrugs,aimingtocreatemoreopportunitiesforpatients.AccordingtotheministrysDrugAdministrationofVi?tNam(DAV),innovativedrugsinVi?tNamaccountforonlyabout3percentofthetotalbutrepresentupto22percentofthevalueandareprimarilyimported.Onlyafewmedicineshavebeenresearchedandproduceddomestically,orhavehadinitialtechnologytransferforproduction.Themainreasonisthatmostdomesticpharmaceuticalproductionfacilitiesarecurrentlysmall-andmedium-sizedenterprises(SMEs)thathavenotprioritisedinvestmentinresearch,production,orthetransferofthesedrugsduetothesubstantialdemandforfinancialresources,time,andhigh-qualityhumanresources.Investmentinresearchanddevelopmentalsoremainsmodest,focusingprimarilyonconventionaldrugs,notonresearchandproductionofmodernpharmaceuticalformulations,optimisationofformulasandproduction.AccordingtoDAVGeneralDirectorV?Tu?nC??ng,Vi?tNamencouragestheproductionofgenericdrugstoensureessentialmedicines,andthatiswhyenterpriseshavenotfocusedonresearchingandproducinghi-techdrugs,newdrugs,specifics,orinnovativedrugs.Heunderlinedtheneedtodevelopincentivemechanismsandpoliciestoattractenterprisesandinvestors,thuspromotinginvestmentinresearchinganddevelopingnewtechnologiesforproducingprioritydrugsasproposedinthedraftamendmenttothePharmacyLaw.AccordingtoDAV,domesticallyproduceddrugscurrentlyaccountfor70percentofthequantityusedbutonlyabout45-50percentinthevalue.ThedraftamendmenttothePharmacyLawhasproposedregulationstoencouragetheproductionofinnovativemedicinesandhi-techdosageforms,ratherthanfocusingontheproductionofgenericdrugs.TheauthorityreportedthatVi?tNamhas230pharmaceuticalfactoriesthatmeetGMP-WHOstandards,with20ofthemmeetingGMP-EUstandards.TheWorldHealthOrganisation(WHO)classifiesVi?tNamspharmaceuticalindustryatLevel3,indicatingitscapabilitytoproducegenericdrugsandpartiallyself-sufficientincertainpharmaceuticalproducts.In2023-2024,thepharmaceuticalmarketishopedtoreachUS$6.5-7billion,withimportsaccountingfor$3.5billion.UnderthenationalstrategyfordevelopingVi?tNamspharmaceuticalindustryto2030,withavisionto2045,thecountryaimstobecomeakeyhubforthemanufacturing,processing,andtechnologytransferofbrand-namedrugs,particularlyinSoutheastAsia.Additionally,thestrategyseekstoelevatethedomesticpharmaceuticalindustrytoWHOLevel4,withitsexportvalueexpectedtoreach$1billionby2030.Thestrategyalsotargetsdomesticmedicineproductiontomeetabout80percentofthecountrysdemand,representing70percentofthemarketvalue,andtoproduce20percentoftherawmaterialsneededforthedomesticdrugproduction.VNS