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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Vietnam, Cambodia live up to “good neighbourliness” commitments
Vietnamese Ambassador to Cambodia Nguyen Huy Tang grants an interview to Vietnam News Agency. (Photo: VNA) Hanoi (VNA) – With achievements in diplomatic relations over the past 55 years and the determination of Vietnam and Cambodia’s Parties, leaders and people, it is believed that the bilateral ties will constantly develop in line with the motto of “good neighbourliness, traditional friendship and comprehensive, sustainable and long-term cooperation”, said Vietnamese Ambassador to Cambodia Nguyen Huy Tang. Tang gave an overview of the outstanding achievements made in Vietnam – Cambodia multifaceted relationship, particularly in politics, defence- security, economy, investment, education-training and border demarcation, over more than five decades during an interview with Vietnam News Agency on the occasion of the 55th anniversary of the two countries’ diplomatic ties (June 24, 1967-2022). Political relations between Vietnam and Cambodia have constantly grown, providing a … [Read more...] about Vietnam, Cambodia live up to “good neighbourliness” commitments
VinShop set to become Vietnam’s next unicorn
Tokopedia is a combination of Toko (shop) and encyclopedia. It adopts a similar business model as e-commerce giant Alibaba. Tokopedia is a shopping platform where every business can easily arrange and sell its products. As of June 2020, Tokopedia recorded a valuation of up to $7 billion and became the third-largest unicorn in Southeast Asia, trailing behind Grab (Singapore) and GoJek (Indonesia), according to CB Insights. Tokopedia is successful in bringing technologies into grocery stores in Indonesia In 2018, Tokopedia unveiled its ambitious plan to penetrate Indonesia’s economy worth $1 trillion, which is the largest economy in Southeast Asia. It launched Mitra Tokopedia for the owners of warung (a small family-owned business) or outdoor grocery stalls serving their neighbourhoods. Mitra Tokopedia has recorded one million downloads with 2 million warung in the island nation. Mitra Tokopedia not only connects grocery owners with suppliers but also removes … [Read more...] about VinShop set to become Vietnam’s next unicorn
Vĩnh Phúc Province seeks stronger links with Japan
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
Vinh Phuc Province seeks stronger links with Japan
An automobile assembly line of Toyota Vietnam in the northern province of Vinh Phuc. Vinh Phuc is an important part of the global supply chain of Japanese enterprises. — Photo baovinhphuc.com.vn Vinh Phuc Province always views Japanese localities and businesses as leading partners in its development progress, said Hoang Thi Thuy Lan, Secretary of the provincial Party Committee. Lan made the statement at a conference held in the northern province of Vinh Phuc 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 Vinh Phuc'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 partnerships in many … [Read more...] about Vinh Phuc Province seeks stronger links with Japan
Top legislator’s visit to deepen comprehensive partnership with Hungary
National Assembly Chairman Vuong Dinh Hue holds virtual talks with his Hungarian counterpart László Kövér (Photo: VNA) Hanoi (VNA) – Vietnam and Hungary are looking to step up bilateral partnership in multiple areas and the effective implementation of the EU-Vietnam Free Trade Agreement ( EVFTA ) during National Assembly Chairman Vuong Dinh Hue’s official visit to Hungary from June 26 – 28. Vietnam and Hungary established diplomatic relations on February 3, 1950 and lifted their ties to comprehensive partnership on the occasion of a visit by Party General Secretary Nguyen Phu Trong to the European nation in 2018. The bilateral ties have seen considerable progress since then, with the two sides closely and effectively coordinating and supporting each other at multilateral parliamentary forums. Hungary has been very active in pushing for the ratification of the EU-Vietnam FTA. It was also the first among EU member states to ratify the EU-Vietnam Investment Protection … [Read more...] about Top legislator’s visit to deepen comprehensive partnership with Hungary