Sandoz inaugurates new antibiotic production plant in Austria and new biosimilar development center in Germany

  • Investment of EUR 175 million reaffirms Sandoz commitment to long-term leadership in off-patent medicines
  • New penicillin production process will significantly improve ecological footprint and help secure European-based supply
  • Cutting-edge development hub will play key role in supporting long-term growth of leading biosimilar business

Basel, November 10, 2023 – Sandoz, the global leader in generic and biosimilar medicines, has opened two new European facilities, in line with its ongoing plans to strengthen sustainable development and supply of critical medicines in Europe and beyond.

The inauguration of a new facility for production of penicillin at Kundl, Austria, and a new biosimilar development center in Holzkirchen, Germany, reaffirm the dual Sandoz commitment to ensuring sustainable access to quality antibiotics and spearheading development of biosimilars.

Sandoz has the only major remaining vertically-integrated production network for penicillins in Europe; penicillins are the leading category of antibiotics worldwide. The EUR 150 million Kundl investment, which includes a contribution of EUR 50 million from the Austrian federal government, represents a significant upgrade of penicillin API (active pharmaceutical ingredient) manufacturing.

Richard Saynor, CEO Sandoz said: “These investments strengthen our industrial presence in Europe, reinforce our commitment to environmental responsibility, and reaffirm our determination to be the world’s leading and most valued generics and biosimilars company. Antibiotics are the backbone of modern medicine and the Kundl plant is a testament to the resilience of European manufacturing. The new development center in Holzkirchen will become a global hub for biosimilar expertise.”

The EUR 25 million Holzkirchen investment will pave the way for the German site to become the leading Sandoz analytical characterization center for biosimilars.

The Austrian federal and Bavarian state governments have been highly supportive of these projects, recognizing their importance for ensuring availability of medicines and advancing medical research in Europe.

Disclaimer
This Media Release contains forward-looking statements, which offer no guarantee with regard to future performance. These statements are made on the basis of management’s views and assumptions regarding future events and business performance at the time the statements are made. They are subject to risks and uncertainties including, but not confined to, future global economic conditions, exchange rates, legal provisions, market conditions, activities by competitors and other factors outside of the control of Sandoz. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. Each forward-looking statement speaks only as of the date of the particular statement, and Sandoz undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.

About Sandoz
Sandoz (SIX: SDZ; OTCQX: SDZNY) is the global leader in generic and biosimilar medicines, with a growth strategy driven by its Purpose: pioneering access for patients. 22,000 people of more than 100 nationalities work together to bring Sandoz medicines to some 500 million patients worldwide, generating substantial global healthcare savings and an even larger total social impact. Its leading portfolio of more than 1500 products addresses diseases from the common cold to cancer. Headquartered in Basel, Switzerland, Sandoz traces its heritage back to the year 1886. Its history of breakthroughs includes Calcium Sandoz in 1929, the world’s first oral penicillin in 1951, and the first biosimilar in 2006. In 2022, Sandoz achieved sales of USD 9.1 billion and core EBITDA of USD 1.9 billion.

CONTACTS

Global Media Relations contacts Investor Relations contacts
Global.MediaRelations@sandoz.com Investor.Relations@sandoz.com
Joerg E. Allgaeuer
+49 171 838 4838
Karen M. King
+1 609 722 0982
Chris Lewis
+49 174 244 9501
Laurent de Weck
+41 61 529 14 85

Attachment

GlobeNewswire Distribution ID 1000898796

Mermec: Leader in railway network maintenance technology showcased at Tokyo exhibition

Mermec: Leader in railway network maintenance technology showcased at Tokyo exhibition

After consolidating its presence in Japan, Mermec continues its long-standing investment and growth plan.

ROME, Nov. 10, 2023 (GLOBE NEWSWIRE) — The Mermec Group, an Italian leader specializing in technologies for the safety and maintenance of railway networks, is the sole company representing Italy at one of the major Asian exhibitions focused on railway technology: Mass-Trans Innovation Japan (stand F30). The company, a part of Angel (a holding that develops solutions for the rail, digital mechatronics, and aerospace sectors), will be at the exhibition in Tokyo until November 10, 2023, presenting the latest innovative solutions in the fields of diagnostics and maintenance engineering.

After consolidating its presence in Japan, Mermec continues its long-standing investment and growth plan. Following the recent strategic agreements with some of the major players in the Japanese railway landscape, the group, through Mermec Japan, announced the launch of a unique collaboration in the railway sector with a significant Japanese operator. This collaboration will unfold within a high-tech Research & Development framework.

“Our presence in Japan has grown significantly thanks to the strategic partnerships we have established, and this new initiative will further solidify our position in the local railway sector,” stated Giuseppe Aurisicchio, Executive Manager of Mermec Japan. He added: “The new collaboration with a major Japanese operator represents a significant step forward in our research and development journey, enabling the sharing and dissemination of best practices, know-how, and the excellence of Italian innovation in Asia.”

Mermec, present with its solutions in 73 countries worldwide, is the only Italian company in the railway sector to have provided, managed, and maintained diagnostic and measurement systems in Japan through Mermec Japan. The company was established in 2017 and is composed of a group of experts with a significant and rapidly growing order portfolio in Japan and other Asia-Pacific countries.

For more information:
Press Office LaPresse ufficio.stampa@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1b8b712e-f0c5-4fb3-9420-183ff48fd092

GlobeNewswire Distribution ID 8977218

Bitdeer to Launch Asia-Based Cloud Service Built on NVIDIA DGX SuperPOD

Bitdeer to develop NVIDIA-accelerated GPU cloud capabilities to cater to unfulfilled demand for AI computing power

Bitdeer to Launch Asia-Based Cloud Service Built on NVIDIA DGX SuperPOD

Bitdeer to Launch Asia-Based Cloud Service Built on NVIDIA DGX SuperPOD

SINGAPORE, Nov. 10, 2023 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it has become a Preferred cloud service provider (CSP) in the NVIDIA Partner Network and plans to launch Bitdeer AI Cloud, among the first cloud services powered by NVIDIA DGX SuperPOD with DGX H100 systems in the Asia region. The service will provide Bitdeer’s customers with access to NVIDIA AI supercomputing to help them accelerate their development of generative AI, large language models (LLMs), and other AI workloads.

Rapid developments in machine learning, AI, and LLMs are creating a surging demand for powerful, reliable, and readily available cloud-based computing solutions. IDC[1] noted that the public cloud platform-as-a-service (PaaS) market delivered more than 32% annual growth in 2022, which points to the success that customers are achieving with cloud providers as strategic partners. In addition, burgeoning online gaming, livestreaming, and social media industries in Asia are exacerbating the supply-demand imbalance for computing power.

Bitdeer’s GPU cloud service builds on the Company’s extensive customer reach in Asia. Paired with its domain expertise in hash rate-sharing and cloud services, the service can equip businesses and entrepreneurs with state-of-the-art computing using the NVIDIA DGX platform.

Bitdeer to Launch Asia-Based Cloud Service Built on NVIDIA DGX SuperPOD

Matt Linghui Kong, Chief Executive Officer of Bitdeer, commented, “We are excited to work with NVIDIA to lay the groundwork for the next era of AI and large language model advancements in Asia. Becoming a Preferred member of the NVIDIA Partner Network validates our technological competence and market reach. We look forward to collaborating with NVIDIA to empower businesses in Asia to innovate, grow, and prosper.”

“Generative AI empowers businesses to unlock unprecedented scalability, reliability, and innovation,” said Tony Paikeday, senior director of the DGX platform at NVIDIA, “With its NVIDIA DGX infrastructure, Bitdeer can provide the AI supercomputing and software needed to build and deploy generative AI models and services.”

Bitdeer, renowned for its global datacenter deployment capabilities, proficiency in high-performance machine operations, and extensive cloud service expertise, is in the process of methodically building its GPU cloud business. The Company’s designation as an NVIDIA Preferred partner will serve as a catalyst for the Company to develop its GPU cloud capabilities. Bitdeer’s strategic roadmap encompasses four phases: Infrastructure as a Service (IaaS), Platform-as-a-Service (PaaS), Software as a Service (SaaS), and Application as a Service (AaaS).

Infrastructure-as-a-Service (IaaS): Bitdeer is gearing up to provide high-performance GPU cloud infrastructure to serve as the bedrock for AI-driven initiatives. This infrastructure will empower organizations to efficiently harness the full potential of GPUs, facilitating seamless execution of complex AI workloads.

Platform-as-a-Service (PaaS): Expanding on its infrastructure capabilities, Bitdeer is actively developing a comprehensive GPU-as-a-Service platform, simplifying the deployment and management of AI applications. This platform will offer the flexibility and scalability that businesses need to smoothly implement and build out AI solutions and capitalize on the fast-growing PaaS market, which is projected to reach US$352.2 billion globally by 2030[2].

Software-as-a-Service (SaaS): Bitdeer is fully committed to offering turnkey AI solutions tailored to a wide array of industries. By providing AI software services, Bitdeer seeks to democratize AI, making it accessible to organizations of all sizes and eliminating the complexities of in-house development. Users will also have the option to deploy their own models and offer external services.

Application-as-a-Service (AaaS): Between 2023 and 2032, the Asia Pacific API market is expected to have the highest CAGR globally[3]. In an effort to foster AI innovation, Bitdeer is set to craft API services that will enable businesses to easily introduce AI into their existing workflows. Bitdeer will offer an intuitive and efficient development platform and allow users to not only deploy custom APIs with ease, but also achieve seamless integration and interfacing with existing applications.

Building on the foundations of existing blockchain technology and high-performance computing capabilities, Bitdeer is broadening its technical and business horizons. The Company’s ultimate goal is to provide a high-performance foundation from which it can execute complex AI workloads, leveraging GPU cloud infrastructure to create an adaptable and dynamic platform. The flexibility and scalability of this platform will make AI solutions accessible to a vast range of companies and industries. The final phase of the Company’s roadmap will see it offer an intuitive platform that can seamlessly incorporate custom APIs into existing applications. By evolving along a service trajectory that encompasses IaaS, PaaS, SaaS, and AaaS, its upcoming NVIDIA DGX SuperPOD-based high-performance cloud service platform has the potential to advance the way organizations access and use AI.

Bitdeer expects its upcoming DGX SuperPOD-based high-performance cloud service platform to launch in the first quarter of 2024.

About Bitdeer Technologies Group
Bitdeer is a world-leading technology company for blockchain and high-performance computing. Bitdeer is committed to providing comprehensive digital asset computing solutions for its customers. Bitdeer handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management and daily operations. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. To learn more, please visit https://www.bitdeer.com/.

Forward-Looking Statements

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.

Media Inquiries

pr@bitdeer.com

Contacts

Investor Relations
Robin Yang, Partner
ICR, LLC
Email: Bitdeer.ir@icrinc.com
Phone: +1 (212) 537-5825

Public Relations
Brad Burgess, SVP
ICR, LLC
Email: Bitdeer.pr@icrinc.com
Phone: +1 (212) 537-4056

________________________________

[1] Source: IDC: Market Analysis Perspective: Worldwide Public Cloud Platform as a Service/PaaS, 2023

[2] Source: Verified Market Research: Global Platform As A Service (PaaS) Market Size By Deployment (Public Cloud, Private Cloud), By Organization Size (Large Enterprise, Small And Medium Enterprise), By Application (Application PaaS (APaaS), Integration PaaS (IPaaS)), By Geographic Scope And Forecast

[3] Source: Market.us: API Management Market to Reach Valuation of USD 49.9 Billion at Cagr of 28% by 2032

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1b6aecfe-d911-46fc-8cac-846924a2b50b

GlobeNewswire Distribution ID 8977094

ResMed Adopts New Operating Model to Accelerate Long-term Growth

  • Justin Leong appointed Chief Product Officer, effective immediately.
  • Katrin Pucknat appointed Chief Marketing Officer, effective immediately.
  • Mike Fliss appointed Chief Revenue Officer, effective immediately.
  • Rob Douglas, President and Chief Operating Officer, to retire January 1, 2024.

SAN DIEGO, Nov. 09, 2023 (GLOBE NEWSWIRE) — ResMed (NYSE: RMD, ASX: RMD) today announced a new operating model to accelerate long-term growth. The new operating model introduces dedicated leadership in Product, Revenue, and Marketing to the global executive team. This change aims to increase the velocity of product development and sharpen our customer and brand focus. Ultimately, the goal is to accelerate profitable growth, while driving greater value and improved care throughout the outside hospital care continuum and the patient journey.

“ResMed is the undisputed leader in digital health for respiratory medicine and residential care, and we aspire to make ourselves even more Product-led, Customer-centric, and Brand-enhanced. Today, we are making bold changes to ensure these capabilities are directly represented in our executive leadership team,” said Mick Farrell, ResMed’s CEO. “We will measure the success of our new operating model through increased product velocity, increased vigilance on long-term profitable revenue delivery, and increased brand engagement with stakeholders.”

ResMed’s new Product-led, Customer-centric, and Brand-enhanced operating model includes the following executive leadership team:

  • Leaders appointed into new roles:
    • Chief Product OfficerJustin Leong (previously president, Asia and Latin America)
    • Chief Marketing OfficerKatrin Pucknat (previously president, Germany)
    • Chief Revenue OfficerMike Fliss (previously vice president, North America sales)
  • In addition to the above roles, the executive leadership team also includes:
    • Chief Commercial Officer, SaaSBobby Ghoshal
    • Chief Financial OfficerBrett Sandercock
    • Chief Legal OfficerMike Rider
    • Chief People OfficerVered Keisar
    • Chief Strategy OfficerHemanth Reddy
  • The extended CEO operations team, reporting directly to the CEO, includes:
    • Chief Compliance OfficerJim Ellis
    • Chief Information Security OfficerTodd Friedman
    • Chief Investor Relations OfficerAmy Wakeham
    • Chief Medical OfficerCarlos Nunez
    • Chief Quality & Regulatory Officer Dawn Haake
    • Chief Supply Chain OfficerAndrew Price

ResMed also announced that Rob Douglas, current president and chief operating officer, plans to retire on January 1, 2024. Rob will immediately transition from his current role to a new role as special advisor to the CEO and remain in a consulting role through December 31, 2024. Additionally, Lucile Blaise, current president sleep and respiratory care, will immediately transition to a new role as senior vice president, strategy & business development, reporting to Hemanth Reddy. Finally, as part of the operating model evolution, the digital health technology product organization will now report to Justin Leong, and Urvashi Tyagi, current chief technology officer, will immediately transition to a role as special advisor to the Chief Product Officer through January 1, 2024. Urvashi will remain in a consulting role through December 31, 2024.

“I would like to thank Rob immensely for his more than two decades of dedication to ResMed, our company, our culture, our team, and our mission,” said Mick Farrell, ResMed’s CEO. “I wish Rob all the best in his retirement from ResMed, as well as the next phase of his life journey. I would also like to thank Lucile for stepping up in leadership roles for a decade-and-a-half for ResMed, and I know she will continue to contribute strongly to the exciting work of further developing and enhancing our respiratory care strategy. Lastly, I’d like to thank Urvashi for leading our technology organization over the past two years, she’s built a strong team that is well-positioned to support our new product organization. I’m more excited than ever about ResMed’s future, the changes we’ve made position us well to accelerate profitable growth for the benefit of all stakeholders.”

About ResMed
At ResMed (NYSE: RMD, ASX: RMD), we pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Our digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, COPD, and other chronic diseases. Our comprehensive out-of-hospital software platforms support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. By enabling better care, we improve quality of life, reduce the impact of chronic disease, and lower costs for consumers and healthcare systems in more than 140 countries. To learn more, visit ResMed.com and follow @ResMed.

For media
+1 760.579.3509
news@resmed.com
For investors
+1 858.836.5000
investorrelations@resmed.com

GlobeNewswire Distribution ID 8976731

EU, Vietnam step up security, climate cooperation

Hanoi: The fourth meeting of the Vietnam-EU Joint Committee under the EU-Vietnam Partnership and Cooperation Agreement (PCA) was held recently in Brussels, Belgium.

According to the press release following the meeting, the EU and Vietnam underlined the breadth and depth of their multifaceted relationship, discussing a broad range of topics in the various fields of their bilateral cooperation, including political issues, security and defence cooperation, trade and investment, sustainable development, official development assistance, fisheries, climate change and the sustainable energy transition, as well as good governance, the rule of law and human rights. The EU presented its new European Chips Act and the European Critical Raw Materials Act, highlighting the EU’s need to diversify and secure its supply chains.

The two sides took stock of the discussions held earlier in the year in Hanoi in the various sub-committees of the CPA and agreed to build on these during their next sessions to be organised in 2024.

They reviewed their cooperation and trade relations under their Free Trade Agreement and pledged to work together to further boost sustainable and inclusive prosperity while aiming at progress on some outstanding regulatory issues and full implementation of the agreement.

They looked forward to intensifying their cooperation with the visit of the Executive Vice President of the European Commission, Valdis Dombrovskis, in Vietnam at the beginning of November and the third Trade Committee at ministerial level meeting to be held in Brussels on December 1, preceded by the third Trade and Sustainable Development Committee, the Domestic Advisory Group and the third Committee on Trade in Goods.

The EU commended Vietnam’s commitment to become climate neutral by 2050. The EU and Vietnam reviewed recent progress on their Just Energy Transition Partnership (JETP), bringing together Vietnamese authorities and international partners in a joint endeavour to support Vietnam’s low-emission and climate resilient development. The JETP will promote investment for the decarbonisation of Vietnam’s electricity system to bring down greenhouse gas emissions and contribute to the international climate change agenda. They will continue their joint efforts towards the launch of the JETP’s Resource Mobilisation Plan at the earliest opportunity. They reiterated that for the transition to be just and equitable, regular consultation is required, including with media, NGOs and other stakeholders so as to ensure a broad social consensus.

The EU invited Vietnam to the third Indo-Pacific Ministerial Forum to be held in Brussels on February 2, 2024. The EU and Vietnam agreed that, building on the success of the previous forums in Paris (2022) and Stockholm (2023), the Brussels Ministerial Forum would provide another significant opportunity to discuss global issues and how to address more effectively the challenges posed by the complexity of the Indo-Pacific landscape.

The two sides exchanged views on recent security developments, where they agreed on the need to find peaceful solutions while respecting the principles of international law and the UN Charter. On Ukraine, the EU and Vietnam reiterated their positions as expressed in other fora. They also underscored the need for a comprehensive, just, and lasting peace in Ukraine in accordance with the United Nations Charter and international law. The EU and Vietnam reaffirmed their commitment to the UN Charter and international law including the need to respect the sovereignty, independence and territorial integrity of all states. They also shared views on the situation in the Middle East and in Myanmar and discussed the EU-ASEAN partnership. As regards the East Sea, they expressed concern at recent developments and reaffirmed the importance of peace, stability, security and freedom of navigation and overflight and stressed the importance for all parties to abide by international law, including the 1982 UN Convention on the Law of the Sea (UNCLOS).

They discussed the potential for enhancing security cooperation, including in the areas of maritime security and cybersecurity. The EU reiterated its gratitude for the deployment of two Vietnamese officers to the EU Training Mission in the Central African Republic.

The EU and Vietnam also exchanged views on sustainable development, including through new cooperation opportunities stemming from the Global Gateway, which held its first Forum in Brussels on October 25-26 attended by Vietnamese Deputy Prime Minister Tran Hong Ha. The EU stressed the need for the inclusive participation of all partners in development matters. The EU and Vietnam discussed sustainable fishery developments, including ongoing actions with regard to combating illegal, unreported and unregulated (IUU) fishing. They shared their respective positions and objectives for upcoming environment and biodiversity-related international negotiations with the aim to build possible synergies for sustainable global development.

Support for international law and the international order based on international law, good governance, the rule of law, respect for fundamental rights and engagement of relevant partners are essential elements of the EU-Vietnam relationship.

The EU delegation was headed by Paola Pampaloni, Acting Managing Director for Asia and Pacific in the European External Action Service. The Vietnamese delegation was led by Deputy Minister of Foreign Affairs Le Thi Thu Hang. They were also joined by the European Commission, and EU member states and representatives from Vietnamese government agencies./.

Source: Vietnam News Agency

Thailand, China co-host 2023 Green Technology Expo

Hanoi: Thailand and China are co-hosting the 2023 Green Technology Expo in Bangkok from November 9-12 to strengthen cooperation and showcase achievements in climate change response and carbon neutrality.

Co-hosted by the Thai-Sino Association of Science and Technology, and the China Council for the Promotion of International Trade (Shanghai), the 10,000-square-meter expo highlights cutting-edge green technologies and industrial exemplars from China, Thailand, and other Southeast Asian nations, supporting high-quality development as well as sharing green revolution opportunities and insights.

It features a diverse range of displays covering green travel, green energy, waste management solutions, and green products.

According to the Chinese Academy of Sciences Innovation Cooperation Centre (Bangkok), the event underscores the commitment to green technology and sustainable development, which sets the expo as a landmark event for fostering international collaboration and promoting green technology./.

Source: Vietnam News Agency

Vietnamese, Japanese geoparks sign MoU on cooperation

Ha Giang: A ceremony was held in the northern province of Ha Giang on November 10 to sign a memorandum of understanding on cooperation between UNESCO Global Geopark Dong Van Karst Plateau and aspiring UNESCO Global Geopark Mine-Akiyoshidai Karst Plateau of Japan.

Speaking at the event, Vice Chairman of the provincial People’s Committee Tran Duc Quy said through the cooperation programme, both sides will assist each other in all aspects, thereby promoting the sustainability of both geoparks. He suggested that they should cooperate in investment and sustainable economic development, such as tourism and production of traditional handicraft products in which both sides have strengths.

Takahiro Koda, Director of the Mine – Akiyoshidai Karst Plateau, described Japan as one of the top destinations for Vietnamese tourists and Vietnam as a preferred destination for Japanese travellers.

Via the programme, the two geoparks will facilitate tourism cooperation activities, exchange of delegations, and promote marketing efforts to attract tourists.

At the signing ceremony, both sides discussed effective measures to tap the potential advantages and support each other in developing sustainable tourism.

They will step up tourism training activities aimed at improving the quality of products and services. Dialogues involving university students, interns and student exchanges will be organised. Various cultural exchanges, festivals, events, investment promotion activities, market surveys, and tourist exchanges between the two destinations are also planned.

Dong Van Karst Plateau was recognised by UNESCO as a Global Geopark in 2010, boasting unique cultural, historical, geological values, and majestic landscapes.

The number of visitors to Ha Giang, which was only 2,000 in 2010, has increased rapidly, reaching 2.2 million in 2022, and is expected to exceed 3 million this year.

At the 10th International Conference on UNESCO Global Geopark held in Morocco in early September, the Dong Van Karst Plateau was continued to be recognised as a UNESCO Global Geopark for the third time by the UNESCO Global Geopark Council.

On September 6, Ha Giang was honoured to be named the top emerging destination in Asia at the World Travel Awards./.

Source: Vietnam News Agency

UN Special Rapporteur hails HCM City’s right to development activities

HCM City: Visiting UN Special Rapporteur on the right to development Surya Deva has commended activities implemented by Ho Chi Minh City in the field, particularly the methods and outcomes of its multidimensional poverty reduction programme.

He made his statement at a meeting with Vice Chairman of the municipal People’s Committee Vo Van Hoan in the city on November 10.

Hoan told his guest that Vietnam in general, and the southern metropolis in particular, always respects, protects, and promotes human rights, placing people at the centre and considering them as the subject and driving force of the development process. HCM City aims for sustainable development, cares about gender development issues and the role of women in society, implements multidimensional poverty reduction policies, and respects and creates conditions for the development of religious freedom, ethnic minorities, and vulnerable communities, he affirmed.

Hoan emphasised that the city always links economic development with addressing social issues and protecting the environment, serving Vietnam’s commitment to achieving net-zero emissions by 2050.

Deva informed his host on the purpose of his working visit to Vietnam and its various localities, which is to understand the outcomes, challenges, priorities, and cooperation needs of Vietnam in the field of the right to development.

He stated that the city’s effective practices form valuable lessons, contributing to promoting the experience sharing and mutual learning among localities worldwide in implementing related activities./.

Source: Vietnam News Agency