Advancing technology

The members of the Young Entrepreneurs Startup Incubator. (Photo: SGGP) In Vietnam, in recent years, blockchain technology is expected to be an opportunity for Vietnamese startups when the number and total value of investments in blockchain startups increase sharply. Besides positive information, lots of negative information have now also appeared in the blockchain market in Vietnam. Therefore, the establishment of a Young Entrepreneurs Startup Incubator will promote positive and sustainable development, contributing to preventing negative manifestations. The Young Entrepreneurs Startup Incubator will focus on finding and investing in technology and blockchain startups, incubating ideas, and orienting Vietnamese investors on experience and knowledge of blockchain technology in general and the Cryptocurrency market in particular. With the goal of having 5-10 blockchain startups supported each quarter, this incubator will certainly be the place to incubate and give birth to … [Read more...] about Blockchain Young Entrepreneurs Startup Incubator launched

A worker produces anti-counterfeit stamps at Tien Duong Organic Agricultural Cooperative in Hanoi (Photo: VNA) Hanoi (VNS/VNA) — Despite production and market difficulties due to the pandemic and climate change, many districts, firms and organisations in Hanoi 's agricultural sector have remained strong thanks to the application of science and information technology. It has helped them improve their products’ value and meet the technical requirements of import markets. In the past few years, Hanoi’s agriculture sector has implemented many programmes and solutions to support businesses and cooperatives to promote the application of information technology in the production and processing of agricultural products, which have brought many benefits, such as increasing the product value, food safety management and product information transparency. Tran Sy Hung, Director of Nghia Minh Mushroom cooperative in Dan Phuong district, said his cooperative had applied information … [Read more...] about Hanoi applies IT to enhance value of agricultural products

Having one of the region’s fastest-growing middle classes and a young population willing to spend, Việt Nam represents an important market for foreign goods. — Photo courtesy of Austrade HÀ NỘI — As both Australia and Việt Nam continue to take solid action to make their trade partnerships expand year after year, a brighter future awaits the import and export sector, according to the Australian Trade and Investment Commission (Austrade). Austrade said Việt Nam’s upbeat growth projections have made it an attractive import-export destination. Thanks to several free trade agreements, it has sealed in recent years, Việt Nam’s trade partnerships have grown from strength to strength. It added that having one of the region’s fastest-growing middle classes and a young population that’s willing to spend, Việt Nam represents an important market for foreign goods. As one of Việt Nam’s main trading partners, Australia supplies the Southeast Asian country with an expansive range of … [Read more...] about Việt Nam-Australia expect brighter future for import-export sector

Illustrative photo (Source: vneconomy.vn) Hanoi (VNA) – Enterprises are gradually switching to an electronic documentation system , underpinning the nation’s efforts to develop the digital economy . A survey conducted by the Ministry of Industry and Trade in 2021 revealed that at least 33% of the surveyed businesses use e-contracts in their commercial activities. The application not only helps firms and their customers be more efficient, but also contributes to reducing the impact of the COVID-19 pandemic and the gap in commercial transactions. The Bkav DX Platform has hosted e-contracts for more than 3 years. As a result, it helped companies save 70% of printing and delivery costs annually and shortened the process of providing products to customers by 50%. A representative of FPT Information System Company said that in Vietnam, the concept of e-contracts is no longer new. On the FPT.eContract – a signing platform between businesses and individuals – there are more … [Read more...] about Electronic documentation system fundamental to digital economy

Emirates is now increasing its frequency daily from Ha Noi and six times weekly from HCM City to Dubai and beyond. — Photo courtesy of Emirates Travellers from Viet Nam headed to Europe and the US this summer can enjoy more connectivity, flexibility and choices as Emirates is adding more frequency from both Ha Noi (HAN) and HCM City (SGN) starting from June 24, 2022. Since Viet Nam reopened its border for foreign tourists in March 2022, Emirates has gradually increased the weekly frequency on both routes from HCM City and Ha Noi, offering travellers from Viet Nam more convenience as well as a safe and seamless connection to Dubai and onward to Emirates’ global network of over 130 destinations. Starting from June 24, Emirates will boost its frequency from Ha Noi to daily flights. From June 24 to 30, Emirates flight EK394 will depart Dubai at 3:30am, arriving in Ha Noi at 1:15pm, while on its return leg, Emirates flight EK395 will depart Ha Noi at 12:25am, arriving in Dubai at 4 … [Read more...] about Emirates adds more flights from Viet Nam

She said that Vietnam and Hungary have shared a 72-year partnership and traditional cooperation in all fields including education-training, law and justice, culture, sports, and people-to-people exchanges. The diplomat noted that Hungary considers Vietnam an important partner in Southeast Asia, and the two countries lifted their ties to a comprehensive partnership in September 2018. The parliaments of the two countries have also kept a good relationship with regular meetings and exchanges at all levels, while showing close and effective cooperation and mutual support at multilateral parliamentarian forums, she said. According to Ambassador Thao, the Vietnamese top legislator's visit will be a chance for senior leaders of Vietnam and Hungary to reaffirm their political commitments in continuing to promote the bilateral partnership, contributing to the economic recovery and sustainable development after COVID-19 in each country, while strengthening collaboration in global issues … [Read more...] about N.A. Chairman’s visit to deepen ties with Hungary in post-pandemic period: Ambassador

Major General Nguyen Van Gau, Deputy Director of the General Department of Political Affairs, chaired the event. After three-days of competition with spirit of solidarity, honesty, nobility, exchange and learning, the festival and a clip contest themed “Care for and protection of children and domestic violence prevention and control” concluded, achieving all set targets and plans. The volleyball competition saw 18 interesting and dramatic matches with a high sense of responsible and high resolve of players. In the folk dance competition, competitors made thorough preparations in contents, were creative and flexible in performance, and harmonized in music and dance. For the clip competition, the organizer received 167 clips from 49 out of 60 units under the Central Military Commission and Ministry of National Defense. Attentively, this year, the organizers opened an online vote for clips, attracting over 27,000 comments, 53,000 views, and over 182,000 shares. In the final round, … [Read more...] about Military Women’s Sports Festival 2022 concludes

MARKET OF BEAUTY: Đông Ba Market is a large trading centre imbued with the tradition of the ancient capital Huế. Photo from the market's Facebook page Mai Trang Linh Returning to the central province of Thừa Thiên Huế after more than two years of lockdown due to the pandemic, Lưu Hoàng Long and his wife, a Vietnamese Australian, chose first to visit Đông Ba Market, the biggest traditional local shopping centre in the ancient royal city of Huế. The couple and a group of overseas Vietnamese who started their trip through the country early this month from their native home in the northern coastal city of Hải Phòng could not help but be surprised at the changes in the market. Besides the usual crowded and busy atmosphere and familiar hospitality of sellers, the visitors were amazed at the changes, particularly the trade promotion programmes for traditional handicrafts -- one of the most attractions of the market. Looking at the pop-up booths displaying different kinds … [Read more...] about Huế’s Đông Ba Market revamped to lure tourists

Delegates attend a digital transformation for technical infrastructure conference in HCM City last week. — VNA/VNS Photo HCM CITY — Digital transformation has become a critical need for technical infrastructure companies to recover quickly, especially after the COVID-19 pandemic, a seminar heard in HCM City on Friday. The challenges brought by the pandemic fostered the need for digital transformation, which was widely and quickly adopted across ministries, other official agencies and businesses across the country. Vietnamese enterprises took a pioneering role in research, development and innovation, mastering technologies and making important contributions to developing a digital economy. Nguyễn Văn Đắng, director of the Gia Định Water Supply Joint-Stock Company belonging to the Saigon Water Corporation, said digital technologies have improved administration and production activities, helping better serve customers. Water supply companies, for example, use GIS … [Read more...] about HCM City considers ways to speed up digital transformation

One product recognized as a regional-level and national-level outstanding rural industrial product in 2020 and 2021 is the banh chung, square glutinous rice cake filled with green bean paste and fat pork, made by the Ba Ba Hoi firm. Huynh Thi Thu Thuy, a representative of the business (located in Tan Thanh Ward in Tam Ky City), said the cake is prepared with high quality, delicious materials, while the business contributes to preserving the region’s traditional craft and culture, and promoting the art of Vietnamese cuisine. Ba Ba Hoi banh chung, one of the three Quang Nam Province’s outstanding rural industrial products awarded national recognition in 2021 Recognizing and honoring outstanding rural industrial products encourages manufacturers to improve production and product quality. For Ba Ba Hoi, regional and national recognition has increased customer trust and expanded market share. Thuy said that in the long run, her business will seek to penetrate foreign … [Read more...] about Quang Nam Province honors outstanding products