PattieSwap Ready to Launch a Top DEX With Low Fees

MONCTON, New Brunswick, May 27, 2023 (GLOBE NEWSWIRE) — PattieSwap a new decentralized exchange (DEX), has officially launched its platform on the Binance Smart Chain. The platform allows users to trade and swap cryptocurrencies without the need for intermediaries and aims to provide a secure, reliable, and user-friendly alternative to traditional centralized exchanges.

With a focus on ease-of-use, PattieSwap V2 offers a simple and intuitive interface that makes it easy for both novice and experienced traders to avail wide range of financial options, including Binance Coin (BNB) and BEP-20 tokens. Users connect their Binance Smart Chain wallets and start trading, with no need to submit personal information or adhere to complex rules and regulations.

“We’re thrilled to announce the launch of PattieSwap V2, which we believe will be a game-changer in the world of decentralized finance,” said the PattieSwap team. “Our goal is to make it easy and accessible for anyone to participate in the crypto economy, regardless of their level of experience or technical knowledge.”

In addition to trading and swapping, PattieSwap V2 also offers liquidity pools and yield farming opportunities, allowing users to make use of new opportunities. Staking is also available, where users can lock up their tokens for a specified period in exchange for new set of choices.

The launch of PattieSwap comes at a time when decentralized finance (DeFi) is growing in popularity, with more users seeking out alternatives to traditional centralized exchanges. By offering a decentralized platform that puts users in control of their transactions, PattieSwap V2 is well-positioned to capture a growing share of the market.

“We believe that the future of finance is decentralized, and we’re excited to be at the forefront of this movement with the launch of PattieSwap V2,” said the team. “We look forward to continuing to innovate and provide our users with the best possible experience.”

About PattieSwap V2.

PattieSwap V2 has been established with an aim to provide financial solutions to users under various options.

PattieSwap has developed solutions under new decentralized exchange (DEX), and has officially launched its platform on the Binance Smart Chain. Further to trading and swapping, PattieSwap V2 also offers liquidity pools and yield farming opportunities.

To learn more about PattieSwap V2 visit:


In summary, PattieSwap V2 offers a highly rated cryptocurrency exchange, built on top class blockchain – Binance Smart Contract (BSC). Definitely users would like the idea of maintaining 100% custody of their digital assets, yet benefiting greatly from low transaction fees.

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President Thongloun urges Asian leaders to sincerely promote cooperation

Delivering remarks at the 28th International Conference on the Future of Asia on May 26, President Thongloun Sisoulith urged Asian leaders to sincerely promote cooperation under bilateral and multilateral frameworks.

Held by Nikkei every year since 1995, the Future of Asia is an international gathering where political, economic and academic leaders from the Asia-Pacific region offer their opinions frankly and freely on regional issues and the role of Asia in the world.

The President called on developed countries to continue to extend assistance to developing countries to narrow development gap in the region and promote open cooperation on politics, economy, society as well as trade and investment.

He noted that the regional cooperation mechanisms should seriously focus on driving development and the reduction of people’s poverty in all countries to bring prosperity to people in the region.

He stated that the Lao PDR has made great efforts in realizing its obligations under international treaties to which it is a party and will continue to work with ASEAN and Asian countries and other countries outside the regions to raise Asia’s role in addressing regional and world challenges.

The president also shared points of view on and suggested solutions to regional and international issues.

Source: Lao News Agency

Vietnamese directors shine at 2023 Cannes Film Festival

Vietnamese-French filmmaker Tran Anh Hung won the best director prize at the 76th Cannes International Film Festival for “La passion de Dodin Bouffant” (The Pot-au-Feu) on May 27.

‘The Pot-au-Feu’ was adapted from French author Marcel Rouff’s 1924 novel ‘La Vie et la passion de Dodin-Bouffant gourmet’ (The Passionate Epicure).

Set in 1885, the film depicts a romance between a chef named Eugénie (Juliette Binoche) and the gourmet named Dodin (Benoît Magimel), who have worked together for 20 years.

Previously, on May 26, Tran Anh Hung received a seven-minute standing ovation after the film premiered at Cannes.

Born in 1962 in the central city of Da Nang, Tran Anh Hung has affirmed his reputation in European and international cinema. He has established himself as the Vietnamese-born film director to win the most international awards so far.

Meanwhile, the prize for best first film went to “Inside the Yellow Cocoon Shell” by Vietnamese writer/director Pham Thien An. The feature originates from An’s previous short film entitled ‘Hay Thuc Tinh Va San Sang’ (Stay Awake, Be Ready), which was presented with the top prize of the Directors’ Fortnight section in Cannes 2019.

‘Inside the Yellow Cocoon Shell’ is a psychological adventure, revolving around a man trying to bring his sister-in-law’s dead body back to their hometown before he attempts to find his long-lost brother.

It was among list of 19 movies premiering in the Directors’ Fortnight section at the 2023 Cannes Film Festival.

Director Pham Thien An was born in the Central Highlands province of Lam Dong in 1989. He has bagged a number of awards, including the 48 Hours Film Project in Ho Chi Minh City and top prize at the CJ Short Film Making Project, one of the top short film contests in Vietnam.

In 2019, his short movie ‘Cam Lang’ (The Mute) premiered at Palm Spring Short Movies Festival and was selected to compete at nearly 15 international film festivals around the world./.

Source: Vietnam News Agency

Francis becomes first pope to visit a TV studio

Pope Francis on Saturday became the first pontiff to visit a TV studio, giving an interview to Italian State broadcaster Rai. The Argentine pontiff, 86, has given various TV interviews, but always received journalists in the Vatican. Upon his arrival at the Rai studios at Saxa Rubra in Rome, Francis greeted the staff who responded with a round of applause. The interview for the program of the Italian Bishops’ Conference (CEI), A Sua Imagine (In His Image), is being recorded Saturday but will be aired on June 4, sources said. The interview had been scheduled for March but was deferred because the pope had to go to the hospital for bronchitis and previously scheduled checkups. (

Source: Philippines News Agency

Electricity imports from Laos, China account for just a small part: ministry

Electricity imports from Laos and China accounted for just a modest part of the total electricity demand of Vietnam, Deputy Minister of Industry and Trade Dang Hoang An.

An made the statement in response to National Assembly deputies’ question about why Vietnam had not connected domestic renewable energy projects with a total capacity of 4,600 MW to the national power grid but increased imports from Laos and China.

NA deputy Ta Thi Yen said at a meeting late last week that while the negotiations of pricing to connect renewable energy projects to the national power grid faced roadblocks, Vietnam was forced to increase the import from Laos and China to make up for the shortage. This was a huge waste when hundreds of solar and wind power energy projects could not generate power for consumption while the economy was facing a severe shortage of electricity, she said.

In response, An said that Vietnam imported electricity not because of the shortage. The country has been buying from China since 2005 via transmission lines in Lao Cai and Ha Giang provinces and from Laos, mostly hydroelectricity, following an intergovernmental cooperation agreement in 2019.

The electricity import from Laos was around 7 million kWh per day and 4 million kWh from China, very modest compared to the daily consumption demand, estimated at around 445-450 million kWh in the northern region.

An said that the purchase was under cooperation agreements with countries in the Greater Mekong sub-region, which would enable the connection of the power grid with other countries in the region. In addition, the electricity master plan No 8 also set out the target of exporting renewable energy to neighbouring countries.

Vietnam had 220 kV line linking with Laos and 110 kV with China. Under the commitments with Laos, Vietnam would import at least 3,000 MW from this country by 2025 and 5,000 by 2030.

An pointed out that the electricity import from Laos and China increased this year because of a shortage of supply caused by extreme weather and drought in the dry season.

The electricity import price was lower than some domestic sources, according to the ministry.

For example, it was around 6.5 cent or 1,540 VND per kWh from China and 6.9 cent from Laos. Statistics of Vietnam Electricity (EVN) showed that the average electricity purchasing price was around 1,845-2,200 VND per kWh in the first three months of this year, meaning that the prices from Laos and China were lower than some domestic sources.

Bui Van Thinh, President of the Binh Dinh Wind Power Association, said that power shortage was mainly in the northern region while renewable energy projects were concentrated in the central and southern regions, creating pressure on the North–South 500 kV transmission network.

Buying electricity from China and Laos is reasonable, he said.

Regarding the roadblocks to the connection of more than 4,600 MW of renewable energy to the national power grid, An said that many projects had not met legal procedures due to violations of regulations about planning, land and construction investment.

He said that removing the roadblocks for renewable energy projects was being hastened based on the harmonisation of all sides’ benefits.

EVN’s statistics showed that there were 52 wind and solar power projects with a total capacity of 3,155 MW which had applied for negotiations. Of them, 42 with a total capacity of nearly 2,259 MW completed pricing negotiations with EVN. About 33 projects with a total capacity of 1,581 MW had not applied for negotiations.

The Ministry of Industry and Trade approved temporary prices for 19 projects with a total capacity of 1,347 MW. As of May 26, five projects with a total capacity of 303 MW were eligible for commercial operation, meaning that the power system would have an additional supply source of more than 300 MW from these plants in the next few days./.

Source: Vietnam News Agency

Global investment in clean energy seen rising to $1.7T in 2023

Global investment in clean energy is on course to rise to USD1.7 trillion in 2023, with solar set to eclipse oil production for the first time. Investment in clean energy technologies is significantly outpacing spending on fossil fuels as affordability and security concerns triggered by the global energy crisis strengthen the momentum behind more sustainable options, according to a new IEA report. About USD2.8 trillion is set to be invested globally in energy in 2023, of which more than USD1.7 trillion is expected to go to clean technologies -including renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements and heat pumps- according to the IEA’s latest World Energy Investment report. The remainder, slightly more than USD 1 trillion, is going to coal, gas and oil. Annual clean energy investment is expected to rise by 24 percent between 2021 and 2023, driven by renewables and electric vehicles, compared with a 15 percent rise in fossil fuel investment over the same period. But more than 90 percent of this increase comes from advanced economies and China, presenting a serious risk of new dividing lines in global energy if clean energy transitions do not pick up elsewhere. ‘Clean energy is moving fast – faster than many people realize. This is clear in the investment trends, where clean technologies are pulling away from fossil fuels,’ IEA Executive Director Fatih Birol said. ‘For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy. Five years ago, this ratio was one-to-one. One shining example is investment in solar, which is set to overtake the amount of investment going into oil production for the first time.’ Led by solar, low-emissions electricity technologies are expected to account for almost 90 percent of investment in power generation. Consumers are also investing in more electrified end-uses. Global heat pump sales have seen double-digit annual growth since 2021. Electric vehicle sales are expected to leap by a third this year after already surging in 2022. Clean energy investments have been boosted by a variety of factors in recent years, including periods of strong economic growth and volatile fossil fuel prices that raised concerns about energy security, especially following the crisis in Ukraine. Enhanced policy support through major actions like the US Inflation Reduction Act and initiatives in Europe, Japan, China and elsewhere have also played a role. Spending on upstream oil and gas is expected to rise by 7 percent in 2023, taking it back to 2019 levels. The few oil companies that are investing more than before the coronavirus disease 2019 (Covid-19) pandemic are mostly large national oil companies in the Middle East. Many fossil fuel producers made record profits last year because of higher fuel prices, but the majority of this cash flow has gone to dividends, share buybacks and debt repayment -rather than back into traditional supply. Nonetheless, the expected rebound in fossil fuel investment means it is set to rise in 2023 to more than double the levels needed in 2030 in the IEA’s Net Zero Emissions by 2050 Scenario. Global coal demand reached an all-time high in 2022, and coal investment this year is on course to reach nearly six times the levels envisaged in 2030 in the Net Zero Scenario. The oil and gas industry’s capital spending on low-emissions alternatives, such as clean electricity, clean fuels and carbon capture technologies, was less than 5 percent of its upstream spending in 2022. That level was little changed from last year – though the share is higher for some of the larger European companies. The biggest shortfalls in clean energy investment are in emerging and developing economies. There are some bright spots, such as dynamic investments in solar in India and in renewables in Brazil and parts of the Middle East. However, investment in many countries is being held back by factors, including higher interest rates, unclear policy frameworks and market designs, weak grid infrastructure, financially strained utilities, and a high cost of capital. Much more needs to be done by the international community, especially to drive investment in lower-income economies, where the private sector has been reluctant to venture.

Source: Philippines News Agency