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Hanoi strives to speed up investment disbursement to fuel recovery

June 25, 2022 by ven.vn Leave a Comment

Strong recovery According to data from the Hanoi Statistics Office, the index of industrial production (IIP) in the first five months of 2022 grew an estimated 6.4 percent over the same period last year. Realized investment capital from the state budget managed by localities during the reviewed period was estimated at VND15.5 trillion, up 2.3 percent over the same period last year and reaching 30.5 percent of the year plan. Hanoi’s industrial production increased in the first five months of 2022 In the first five months, the city attracted US$703 million from foreign-invested enterprises, up 35.4 percent year on year. Of these, the city granted certificates to 129 newly registered projects with capital of US$96 million; 69 other projects added investment capital of US$216 million; while 146 foreign investors contributed capital and bought shares worth US$391 million. Export turnover of commodities during this period was estimated at US$6.908 billion, up 18.8 … [Read more...] about Hanoi strives to speed up investment disbursement to fuel recovery

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Conference on trade, investment, tourism cooperation between VN, Lao, Thailand

June 24, 2022 by www.sggpnews.org.vn Leave a Comment

Representatives of the three provinces sign agreement at the conference The conference was organized to further promote cooperation in investment, trade, tourism, labor and communication among the three provinces in the new situation. At the same time, it also tightened the friendship and cooperation for mutual development between the three provinces in particular and the three countries in general; thereby, contributing to promoting the development of the East-West Economic Corridor and building a stronger and stronger ASEAN community. At the conference, the parties signed the Memorandum of Understanding on cooperation between the three provinces between 2022 through 2023 in all fields of trade, investment, tourism, labor and communication particularly focusing on strengthening the implementation of the agreement. At the same time businesses and investors in their provinces are encouraged to connect for finding investment opportunities and implementing development programs and … [Read more...] about Conference on trade, investment, tourism cooperation between VN, Lao, Thailand

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Vietnamese, Lao, Thai provinces strengthen multifaceted cooperation

June 24, 2022 by en.vietnamplus.vn Leave a Comment

At the event (Photo: VNA) Quang Tri (VNA) – A conference promoting collaboration among Quang Tri of Vietnam, Savannakhet of Lao s and Mukdahan of Thailand in trade, investment, tourism, labour, and communications took place in the central Vietnamese province’s Dong Ha city on June 24. At the event, the sides agreed to implement their signed cooperation pact for 2022-2023 in these fields, with a focus on promoting networking among investors, proposing support policies for enterprises, and improving the quality of tourism products, among others. They said they will boost their management of foreign workers; team up in high-quality vocational training; and exchange information on socio-economic development and experience on trans-national crime fight. Earlier, the localities signed a memorandum of understanding on cooperation in these sectors in Savannakhet on November 1, 2019. As a result, their firms have seen their trade and investment difficulties eased even … [Read more...] about Vietnamese, Lao, Thai provinces strengthen multifaceted cooperation

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Vietnam becomes major supplier of farm produce to UK

June 24, 2022 by ven.vn Leave a Comment

Speaking at ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA,’ Oliver Todd, British consul general in HCM City, said Vietnam could replace other countries such as India and Indonesia as a major supplier of agricultural and aquaculture products to his country. Todd, who is also director of UK Trade and Investment in Vietnam, said Vietnamese exporters should be well prepared if they want to boost exports to the choosy market. It is important to learn about import demand and standards and requirements for exporting to the British market, he said. Chris Milliken, vice president of the British Chamber of Commerce in Vietnam (BritCham), said there is ample scope to grow bilateral trade thanks to the trade deal. “Vietnam and the UK are not competing against each other in any industry; they commercially complement each other.” He pointed to the FTA as the leading pillar of the joint commitment to deepen bilateral trade, saying it was a mutual agreement to … [Read more...] about Vietnam becomes major supplier of farm produce to UK

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Da Nang university opens office in Japan

June 24, 2022 by en.vietnamplus.vn Leave a Comment

Officials from the Vietnamese embassy in Japan and Dong A University join a ribbon-cutting ceremony of the representative office of the university in Tokyo, Japan. Photo courtesy of Phương Chi Da Nang (VNS/VNA) – Dong A University , the first private university in the central region of Vietnam, has officially opened a representative office in Tokyo , Japan, to boost high-quality human resources and education cooperation between Vietnam and Japan. Chairman of the university council Luong Minh Sam said the university had appointed the Japanese professor Yasuhiro Yamada as the representative in Tokyo, and the office will be a rendezvous for more than 300 students from the University in Japan and other Vietnamese students and workers. Sam said the debut of the representative office in Japan was part of the strategic education programme in supplying high-quality human resources for both Vietnamese and Japanese markets. He said the appointment professor Yamada, who had … [Read more...] about Da Nang university opens office in Japan

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Top legislator’s visit to Hungary expected to deepen bilateral ties

June 24, 2022 by vietnamnews.vn Leave a Comment

National Assembly Chairman Vương Đình Huệ. —VNA/VNS Photo Vietnamese Ambassador to Hungary Nguyễn Thị Bích Thảo talks to Vietnam News Agency about the official visit to Hungary by National Assembly Chairman Vương Đình Huệ, which is scheduled for June 26-28. Could you talk about the meaning and purposes of the official visit to Hungary by NA Chairman Vương Đình Huệ? This is an important visit by a Vietnamese high-ranking leader to deepen the comprehensive partnership and the parliamentarian relations between Việt Nam and Hungary, amid the context the two countries are in a period of economic recovery after the COVID-19 pandemic. Việt Nam and Hungary have a history of 72 years of friendship and cooperation in many fields, such as education and training, law and justice, culture, sports and people-to-people exchanges. Hungary considers Việt Nam an important partner in the Southeast Asian region. The two countries established the comprehensive partnership in September 2018, … [Read more...] about Top legislator’s visit to Hungary expected to deepen bilateral ties

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Vĩnh Phúc Province seeks stronger links with Japan

June 24, 2022 by vietnamnews.vn Leave a Comment

An automobile assembly line of Toyota Vietnam in the northern province of Vĩnh Phúc. Vĩnh Phúc is an important part of the global supply chain of Japanese enterprises. — Photo baovinhphuc.com.vn VĨNH PHÚC — Vĩnh Phúc Province always views Japanese localities and businesses as leading partners in its development progress, said Hoàng Thị Thúy Lan, Secretary of the provincial Party Committee. Lan made the statement at a conference held in the northern province of Vĩnh Phúc on Thursday with a view to reinforcing the northern province’s cooperation with Japanese localities and investors. The conference attracted the participation of nearly 700 delegates both online and offline from the two countries. Highlighting their long-standing and expanding cooperation, she said Vĩnh Phúc's official co-operative relations were set up with Japan’s Akita prefecture in March 2015, and Tochigi prefecture in December 2021, which have created important prerequisites for boosting bilateral … [Read more...] about Vĩnh Phúc Province seeks stronger links with Japan

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Vice President Xuân meets Thai Prime Minister Prayut in Bangkok

June 24, 2022 by vietnamnews.vn Leave a Comment

Vice President Võ Thị Ánh Xuân (left) and Thai Prime Minister Prayut Chan-o-cha in Bangkok had talks in Bangkok on Friday. — VNA/VNS Photo Ngọc Quang BANGKOK — Vice President Võ Thị Ánh Xuân met with Thai Prime Minister Prayut Chan-o-cha in Bangkok on Friday, affirming that Thailand is always one of the leading partners of Việt Nam in the region. At the meeting, the two sides shared the view that the Việt Nam - Thailand enhanced strategic partnership had been thriving in all areas, with growing political trust, rising trade and investment, vibrant cultural and people-to-people exchanges, and expanding locality-to-locality ties. They agreed to increase all-level mutual visits and develop bilateral trade in a balanced and win-win manner to reach US$25 billion by 2025. The teaching of Thai and Vietnamese languages in each other’s countries would continue to be encouraged, and Việt Nam’s cultural and historical values in Thailand upheld, while locality-to-locality and … [Read more...] about Vice President Xuân meets Thai Prime Minister Prayut in Bangkok

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Vinh Phuc attracted 700 delegates to conference on Vietnam-Japan ties

June 24, 2022 by vir.com.vn Leave a Comment

In the framework of the conference, investors raised many questions about the procedures for receiving investment licences, investment opportunities, and solutions to deal with difficulties, and all of them received satisfactory answers. The organising board also organised two press corners to clarify more information about the strengths of the provinces and the efforts to reform policies. Speaking at the conference, Hoang Thi Thuy Lan, Secretary of Vinh Phuc Party Committee said that direct investment projects and projects from Japanese investors contributed an important role in fostering the province’s socioeconomic growth, simultaneously laying the foundation for tightening the relationship between the two countries. “The investments of Toyota and Honda in Vinh Phuc, which were two of the first Japanese investors, established a solid foundation for the economic cooperation between the province and Japan. The two parties expanded the cooperation to other sectors, such as trade, … [Read more...] about Vinh Phuc attracted 700 delegates to conference on Vietnam-Japan ties

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Da Nang hopes for tightened links with Japanese localities, investors

June 24, 2022 by en.vietnamplus.vn Leave a Comment

Secretary of the Da Nang Party Committee Nguyen Van Quang (R) and Japanese Ambassador Yamada Takio (centre) at the meeting on June 24 (Photo: VNA) Da Nang (VNA) – Secretary of the Da Nang Party Committee Nguyen Van Quang had a meeting with Japanese Ambassador to Vietnam Yamada Takio on June 24 to discuss ways for fostering the central city’s relations with Japanese localities and attracting more Japanese investment. Yamada highly valued Da Nang’s development over the past years and said it is currently an attractive investment destination. Many enterprises of Japan have invested successfully and operated well in the city. In the time ahead, cooperation between Japanese firms and Da Nang will grow even more, especially in the IT industry – a sector drawing great attention from local leaders, he noted. The diplomat expressed his hope that Da Nang and Japanese localities and businesses will record more successful partnerships in the future. Quang appreciated his … [Read more...] about Da Nang hopes for tightened links with Japanese localities, investors

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