Aaop annual meeting 2018

An overview of the meeting (Photo: VNA) Moscow (VNA) – Vietnam is a reliable partner of Russia, affirmed Chairman of the Russian State Duma Vycheslav Volodin while co-chairing the first meeting of the Vietnam-Russia Inter-Parliamentary Cooperation Committeetogether with Vietnamese National Assembly Chairwoman Nguyen Thi Kim Ngan in Moscow on December 11. Speaking at the event, Vycheslav Volodin noted that Russia and Vietnam shared a traditional friendship as well as a trustworthy and close partnership. Noting that leaders from both sides have maintained regular meetings, he held that along with government channel, other cooperation models are available to boost bilateral collaboration. He underlined the need to promote their economic partnership as the two sides have yet to reach the goal of 10 billion USD in two-way trade. In 2018, the figure was 6 billion USD, and is likely to be lower in 2019. He suggested that participants at the meeting seek ways to remove obstacles to … [Read more...] about Vietnam a reliable partner of Russia: State Duma Chairman

A vast array of companies are getting involved with foreign markets, especially Europe (Photo Le Toan) With years of experience in exporting produce to the EU, Phan Van Thuong, director of G.O.C Food Processing Export JSC, a private company located in the northern province of Bac Giang, said that his company is investing a large amount of money in expanding its operations. Over the years, the company’s export turnover of foods like pineapples, baby cucumbers, and asparagus to the EU has seen rapid growth. “Our company once had to refuse an order of 35 containers to Germany, and was able to accept 20 instead, because we didn’t have enough material,” Thuong said. According to him, since the EU-Vietnam Free Trade Agreement (EVFTA) was signed in late June, some EU companies have contacted his company seeking co-operation. “They’re interested in typical Vietnamese products,” he said. In another case, at the Nafoods factory in the Mekong Delta … [Read more...] about Agri-trade to blossom through EVFTA

The Da Nang International Fireworks Festival (DIFF) 2018, themed “The Legend of Bridges”, will kick off on April 30 and end on June 30. (Photo: VNA) Da Nang (VNA) – The Da Nang International Fireworks Festival (DIFF) 2018, themed “The Legend of Bridges”, will kick off on April 30 and end on June 30 with the participation of Vietnam and seven foreign teams. Fireworks shows of the host and Poland will take place on the Han River on April 30, while those of France and the US are scheduled for May 26, Italy and China’s Hong Kong on June 2, and Sweden and Portugal on June 9. The two most excellent teams will launch their fireworks to entertain audience on June 30. A string of activities are expected to be organised on the sidelines of the firework competition, including a food festival, a flash mob dance performance for students, and a street carnival show. Held for the first time in 2008, the event, formerly known as the Da Nang International … [Read more...] about Da Nang int’l fireworks fest to kick off on April 30

Vietnam needs to raise a massive $44 billion to develop three special economic zones (SEZs), authorities said at a meeting on Monday. Members of the legislative National Assembly were discussing once again whether to launch the SEZs, Van Don in northern Quang Ninh province, Bac Van Phong in central Khanh Hoa province, and Phu Quoc in southern Kien Giang province. The Ministry of Finance has calculated that $44 billion will be needed to develop the zones, with the state budget covering from 10 to 19 percent of each one and the rest coming from investors. The total figure amounts to 65 percent of Vietnam’s total government spending last year, which hit $67 billion, and is more than four times as much as the country spends on education each year. The sheer size of the figure was questioned by leaders of the National Assembly at the meeting. “What benefits will these areas bring to our country?” asked Phung Quoc Hien, the National Assembly's vice chairman. The … [Read more...] about Leaders question whopping $44 bil price tag for new special economic zones in Vietnam

The Vietnam International Fashion Fair (VIFF) 2019 officially opened at Hanoi's Vietnam-Soviet Friendship Labour Cultural Palace in Hanoi on December 11. VIFF 2019 officially opened at Hanoi's Vietnam-Soviet Friendship Labour Cultural Palace on December 11. (Photo: VNA) The event, covering nearly 3,000 m2, is under the sponsorship of the Ministry of Culture, Sports and Tourism, and the Ministry of Industry and Trade. It is jointly held by the Vietnam Exhibition and Fair Centre JSC (VEFAC) and Vietnam Textile and Garment Group (VINATEX), Vietnam Leather, Footwear and Handbag Association (LEFASO), and N Group. The fair attracted over 100 exhibitors showcasing famous fashion brands in garments and textiles, leather footwear, and cosmetics and beauty care services across more than 200 stands. Renowned domestic businesses in garments and textiles, such as Viet Tien, Duc Giang, Garment 10, Hoa Tho, and Phong Phu garment corporations, also attended at the event. The event, which … [Read more...] about Over 100 enterprises join Vietnam International Fashion Fair 2019