VIETNAM HAS BEEN ELECTED BY UNESCO MEMBER STATES TO THE EXECUTIVE BOARD FOR THE 2021-2025 TERM.
Winning 163 out of 178 votes at the election held during a plenary session of the United Nations Educational, Scientific and Cultural Organization (UNESCO)’s General Assembly in Paris, Vietnam was one of 27 countries elected as members of its Executive Board, the Ministry of Foreign Affairs stated.
The Executive Board is one of the three constitutional organs of UNESCO, with the other two being the General Conference and Secretariat. It consists of 58 member states and each with a four-year term of office.
Vietnam was a member of the UNESCO Executive Board for the 1978-83, 2001-05, 2009-13 and 2015-19 terms.
“Being elected to the UNESCO Executive Council with a very high number of votes affirms Vietnam’s position and prestige in the international arena, showing that the international community supports Vietnam’s active participation in international organizations,” said Foreign Minister Bui Thanh Son.
As a member of the board, Vietnam will actively contribute to UNESCO activities, especially in matters to reform the organization, develop policies and find solutions to protect and promote the interests of member states, and contribute to its current key programs.
“This is also a good opportunity to promote cooperation between Vietnam and UNESCO, take advantage of UNESCO ideas, initiatives, and resources, and open up new development spaces for Vietnam,” said the minister.
Mai Phan Dung, general secretary of the National Committee of UNESCO Vietnam, said in the new term, Vietnam will make more active and proactive contributions to UNESCO’s major programs and orientations in education, culture, natural sciences, social sciences, and information and communication.
Source: VNExpress
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ELECTRIC CARS “MADE IN VIETNAM” DEBUT IN THE GLOBAL MARKET
In November, the Vietnamese car brand – VinFast has covered both domestic and international press when officially launching two electric SUV models at the Los Angeles International Auto Show 2021, taking place in the US.
The two models introduced, the VF e35 and VF e36, have attracted the attention and appreciation of the public and the international media. If the VF e35 impresses with its soft design, emphasized combined with sharp curves, creating power and speed, the VinFast VF e36 model attracts the eye with healthy beauty and convenience. Some outstanding features of these two models can be mentioned as in-car control features with voice assistants, intelligent virtual assistants, e-commerce services…
Commenting on VinFast’s appearance at LA Auto Show 2021, The Business Insider headlined, ” Vietnam carmaker VinFast will start selling two EV models in the US next year as it challenges Tesla on its home turf”. The world’s leading business site also said that the Vietnamese car company would face stiff competition from market leader Tesla and start-ups like Rivian and Lucid when entering the US market.
The launch at the Los Angeles International Auto Show 2021 marks the official introduction of the VinFast electric vehicle brand to the global market. The company has not yet announced the official selling price for the two electric SUV models, only introducing products to the American public and major news agencies specialized in automobiles in the world. However, it wants to offer “world-class product quality, reasonable prices, and then really good service.”
Source: VOH, VNExpress
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EL SALVADOR PLANS FIRST “BITCOIN CITY”
El Salvador continues to lead the cryptocurrency adoption drive as the latest plan to build the world’s first “Bitcoin City”, which will be funded initially by $1 billion Bitcoin-backed bonds.
The initiative was first announced at El Salvador’s Bitcoin Week conference, marking a step forward in President Nayib Bukele’s plan to promote cryptocurrency.
Bukele said Bitcoin City would be circular, with residential and commercial areas, transportation systems… designed to look like a bitcoin symbol from the air. The residents do not levy any taxes except for value-added tax (VAT). Half of the VAT levied would be used to fund the bonds issued to build the city, and the other half would pay for public services.
The city planned in the eastern region of La Union would get geothermal power from a volcano, allowing businesses to mine Bitcoin with the not too high cost of electricity. El Salvador will also issue the $1 billion Bitcoin bonds funding to this project. The bond issuance will see the proactive involvement of prominent crypto companies, including cryptocurrency exchange Bitfinex and blockchain services firm Blockstream.
After becoming the first country in the world to adopt bitcoin as legal tender in September, El Salvador has continuously taken steps to expand the popularity of Bitcoin in this country, such as placing Bitcoin ATMs, launching Bitcoin trading applications, or income-tax-free with profits from this currency. While many people are excited, there are also many people being cautious about this plan.
There have even been waves of anti-Bitcoin protests in El Salvador. However, the Government still hopes that giving more incentives will help this digital currency gain greater trust, making El Salvador a center for blockchain technology and cryptocurrencies in Latin America.
Source: Cointelegraph, Reuters
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