Submit your Article

Ambassador of Nepal to Thailand and Vietnam, Dhan Bahadur Oli, has called for Vietnamese investors to increase their investment in Nepal which has huge prospects for investment. 

Attending the discussion with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Vietnamese Chamber of Commerce and Industries (VCCI) held in the capital of Vietnam, Hanoi, he said that the diplomatic relations between Nepal and Vietnam have reached 50 years and emphasised on augmenting collaboration between the two countries for trade and investment areas. 

"Lately new challenges have emerged in the global economy. In this context, both the countries should mutually lay focus on expanding economic collaboration", he noted. There is also potential in the tourism sector between the two countries, he added. 

The Ambassador also highlighted the possibilities of trade at regional and international levels through economic collaboration between the two countries. 

He further said Nepal also has potentials for production-focused industry, ICT, pharmaceutical and herbal medicines among other sectors. 

FNCCI Chairperson Chandra Prasad Dhakal urged the Vietnamese investors to advance further economic collaboration between Nepal and Vietnam. 

“I urge Vietnamese investors to pursue economic cooperation between the two countries, noting that Nepal has huge investment potential. We assure you of our maximum efforts to utilize such opportunities,” Dhakal added.

Stating that Nepal has strong market potential for handicraft items, tea, coffee, and herbs, Chair Dhakal said that investment in these sectors could also be increased.

He noted that Nepal offers a substantial market for Vietnam’s agricultural goods, seafood, electronics, and various other products. He added that Nepal’s foreign direct investment climate is steadily improving, supported by investment-friendly laws and ongoing reforms in licensing, customs procedures, and tax administration.

According to Dhakal, the government is fully aware of the needs of foreign investors and remains committed to safeguarding their investments.

Investment in Nepal especially in cable car projects, resorts, and adventure and wellness tourism has been increasing, he said, adding that they wished to welcome Vietnamese investors to Nepal.

The FNCCI President invited the Vietnamese delegation to the FNCCI’s upcoming Annual General Assembly to directly observe Nepal’s business environment.

Vietnam Chamber of Commerce and Industry Deputy Executive President Nguyen Quang Vinh said they are eager to establish additional economic partnerships with Nepal.

“We are pleased to have the opportunity to welcome the FNCCI leadership to Vietnam,” he said, emphasizing the potential for enhanced trade and investment cooperation between the two countries, adding that such cooperation will be further explored in the days to come.

One of the world's most bootlegged recordings - Fatboy Slim's Satisfaction Skank - is finally being released, after the Rolling Stones gave belated approval for the song's pivotal sample, BBC reported. 

Fatboy Slim, real name Norman Cook, created the track 25 years ago by grafting the riff from the Stones' Satisfaction onto his platinum-selling single The Rockafeller Skank, after he grew "bored" of playing the original.

"It was my secret weapon," he told BBC News. "I had this tune that nobody else had, and it was a really good encore."

The price of gold has increased by Rs 1, 000 per tola in the domestic market on Thursday. 

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 253, 100 per tola today. It was traded at Rs 252, 100 per tola on Wednesday. 

Similarly, the price of silver has increased by Rs 55 and is being traded at Rs 3, 805 per tola.

Paris St Germain played out their first goalless draw of the season at Athletic Bilbao on Wednesday but stayed in the driving seat for direct qualification for the Champions League last-16 after a string of fine saves by home goalkeeper Unai Simon denied the defending champions, Reuters reported. 

Luis Enrique’s side had the clearest chances after being under pressure in the first half, but Simon produced several superb saves and Ousmane Dembele’s absence was once again felt up front by the visitors.

The result left PSG in third place in the 36-team league with 13 points from six games while Bilbao are 28th on five points, two points from the playoff places, according to Reuters. 

Noni Madueke scored two goals and Gabriel Martinelli netted another as Arsenal kept up their 100% run in the Champions League to stay top of the standings with a comfortable 3-0 triumph at Belgium’s Club Brugge on Wednesday, Reuters reported. 

Arsenal’s sixth win in as many games all but confirms a top-eight finish, meaning they will skip the knockout phase playoffs in February and move straight into the round of 16 in March. Brugge remain on four points and in stark danger of missing out on the knockouts.

It was a satisfying night at the Jan Breydelstadion for the under-strength Gunners, who lost at Aston Villa at the weekend and made five changes to freshen up an injury-stricken squad, including a first run-out in almost a year for Brazilian striker Gabriel Jesus, who got half an hour of action as a second-half substitute, according to Reuters. 

Nico O'Reilly's opportunistic strike and Erling Haaland's penalty helped Manchester City to fight back to beat Real Madrid 2-1 in a tense Champions League contest at the Santiago Bernabeu on Wednesday, Reuters reported. 

Rodrygo opened the scoring with a low shot from a counter in the 28th minute, with City looking exposed almost every time Madrid ventured forward for the first half an hour.

But Madrid pressed the self-destruct button, first when goalkeeper Thibaut Courtois spilled a relatively easy header from Josko Gvardiol, with O’Reilly converting the rebound in the 35th minute, according to Reuters. 

The weather today will remain partly cloudy in the hilly and mountainous region of Koshi Province and mainly fair in the rest of the country.

Later, tonight the weather will continue to remain mainly fair throughout the country, says the 8 am bulletin by the Department of Meteorology and Hydrology.

Furthermore, the meteorological analysis by the Department states that at present, there is no significant weather system affecting the country.

The number of Indigenous people who have died in custody in Australia has hit the highest level since records began in 1980, BBC reported. 

New data from the Australian Institute of Criminology showed 33 of the 113 people who died in custody in the 12 months to June this year were Indigenous, up from 24 compared to the previous corresponding period.

Aboriginal and Torres Strait Islander people are disproportionately represented in the criminal justice system, making up more than one-third of all prisoners, despite being less than four per cent of the country's population, according to BBC.