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The capital market, digitalization, energy transition, climate change, and strategic infrastructure are key potential fields for Warburg Pincus to focus on in Vietnam. Vietnam’s business environment and macroeconomic conditions have become more stable and favorable for foreign investors, said CEO of global private equity firm Warburg Pincus Charles Kaye at a meeting with Prime Minister Pham Minh Chinh on May 15. Prime Minister Pham Minh Chinh and CEO of global private equity firm Warburg Pincus Charles Kaye. Source: VGP Kaye said investors are concerned about the four major issues, including the capabilities of local companies, macro-economic stability, infrastructure, and the authorities' responsiveness. In this regard, Kaye said Vietnam could do more in infrastructure development as one of the measures to improve the business environment. The CEO also revealed a plan to expand the equity firm investment portfolio in Vietnam’s real estate market and … [Read more...] about Vietnam’s business environment favorable for foreign investors: Warburg Pincus

The number of new Covid-19 infections continued to drop with 1,594 cases recorded on Sunday, down 301 cases from the previous day, according to the Ministry of Health. According to the ministry's report, most of the new patients are locally-transmitted cases confirmed in 53 out of 63 localities in the country with some localities seeing the highest numbers including Hanoi (461), Quang Ninh (88), Nghe An (80), and Yen Bai 80. As of Sunday evening, the number of Covid-19 patients in Vietnam has increased to over 10.70 million. The country now stands 12th among 227 countries and territories worldwide in the number of infections. On May 15, an additional 5,448 more patients recovered from the disease, raising the number of recoveries in the country to over 9.35 million. On Sunday evening, no death related to Covid-19 was announced, total fatalities stayed at 43,065. By May 14, the country had injected nearly 217 million doses of Covid-19 vaccines, including over 2.50 million … [Read more...] about Vietnam continues seeing falling daily Covid-19 infections, no death

A microplastic fibre is zoomed 50 times by a microscope. A group of biologists and researchers found microplastic contamination in the air of Đà Nẵng in 2021-22. Photo courtesy of Trịnh Đăng Mậu Công Thành ĐÀ NẴNG — Microplastic pollution in the air in both inner and suburban areas of the central city of Đà Nẵng has become serious. Microplastics can go directly into the lungs during daily activities. A group of biologists and researchers from the University of Science and Education under Đà Nẵng University has reported their independent survey and research on microplastic pollution in the central hub, the first of its kind in central Việt Nam. Common types of microplastics in the air that had been collected in a four-month survey in six districts of Đà Nẵng City between 2021-22 were only observed by microscope with sizes from 850 to 900 micrometres. Smaller fibres from 300mr to 600mr accounted for nearly 40 per cent of the total samples collected. Plastic bottles and … [Read more...] about Microplastic pollution found in Đà Nẵng air

Prime Minister Phạm Minh Chính on May 15 (US time) had meetings in New York with John McAuliff (right) and a group of Americans who supported and advocated for victims of Agent Orange in Việt Nam. — VNA/VNS Photo NEW YORK — Prime Minister Phạm Minh Chính on May 15 (US time) held meetings with American friends who have stood by Việt Nam and its people as part of his working visit to the US. In the meeting with John McAuliff and a group of Americans who have helped support Vietnamese victims of Agent Orange/dioxin, PM Chính said other than looking to future possibilities of bilateral cooperation, the Vietnamese delegation also discussed with the US side the handling of war consequences that still haunt Việt Nam to this day. There are still three million people suffering from the impacts of Agent Orange, not to mention the risks of continuing diseases and deformities afflicting future generations and the millions of hectares of contaminated land, he said. Up to 200,000 Vietnamese … [Read more...] about PM meets with friends of Việt Nam in the US

PM Pham Minh Chinh (front, third from right) and other officials at the opening ceremony of the FPT Software office in New York on May 15 (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh attended the opening ceremony of an office of FPT Software , a subsidiary of the FPT Group , in New York city on May 15, as part of his working visit to the US and the UN. This is FPT Software’s second office in New York , 10th in the US, and 58th in world. The company is providing technological and digital transformation services for tens of businesses in the Fortune 500 list in the North American country. After 14 years of operating in the US, FPT Software now has 450 employees and its clients are from 30 states across this country. The US is currently one of the two largest markets of the company, whose revenue here rose 52 percent year-on-year in 2021 and 60 percent in the first quarter of 2022. Dang Tran Phuong, Director of FPT America, said FPT Software is … [Read more...] about PM attends opening ceremony of FPT Software’s second office in New York

Prime Minister Phạm Minh Chính has a meeting with US Special Presidential Envoy for Climate John Kerry in Boston on May 14 (US time). — VNA/VNS Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính met with US Special Presidential Envoy for Climate John Kerry in Boston on May 14 (local time) as part of his working trip to the US. PM Chính highlighted Kerry’s heartfelt sentiments towards the country and people of Việt Nam, as well as his responsibility and enduring contributions to Việt Nam-US relations over the past years. He also praised Kerry for his role in building the two-Party consensus in the US in supporting the relationship with Việt Nam, especially the settlement of war consequences – part of the process of reconciliation and trust-building between the people of the two countries. Việt Nam consistently pursues a foreign policy of independence, self-reliance, peace, friendship, cooperation, development, multilateralisation and diversification of relations, and … [Read more...] about US climate envoy Kerry pledges to assist Việt Nam with energy transition, climate change

Japanese pharma firm Eisai Vietnam Co., Ltd opened a new business office in HCM City on Thursday, May 12, 2022. — Photo courtesy of the company Japan-headquartered pharmaceutical company Eisai Vietnam has inaugurated a new business office in HCM City, reaffirming its decades long presence in the country. The new office is located at the Saigon Giai Phong Tower at 432-438 Nguyen Thi Minh Khai Street in the city’s District 3. Yuki Inoue, general director of Eisai Vietnam, said the company aimed to improve the distribution system, introduce innovative drugs, and contribute to improving benefits for patients based on its human health care or “hhc” philosophy. He explained that Eisai's corporate philosophy gives first thought to patients and their families, and to increasing the healthcare benefits that meet significant unmet medical needs. Eisai Vietnam is a wholly owned subsidiary of Eisai Co Ltd, a leading global research and development-based pharma company headquartered in … [Read more...] about Japanese pharma firm opens new office in HCM City

Visitors at the last edition of the Vietnam International Premium Products Fair. This year the fair will be held from June 2 to 5 at the Saigon Exhibition and Convention Centre. — Photo courtesy of Coex Vietnam HCM CITY — The Việt Nam International Premium Products Fair will be held again in HCM City after being delayed due to the COVID-19 pandemic. VIPREMIUM 2022 returns from June 2 to 5 with a mission of connecting domestic and foreign businesses in the beauty - fashion, premium food and beverages, gift and houseware, smart devices, healthy and eco-friendly items, stationery, and office items industries, according to the organisers. To be held at the Saigon Exhibition and Convention Centre, the fair will have 350 booths set up by 250 companies, and is expected to welcome 10,000 buyers and visitors. Among its highlights will be the Korea Sourcing Fair with brands from across Korea and premium consumer products. Seminars will be hosted on the sidelines by experts on various … [Read more...] about Vietnam International Premium Products Fair attracts over 250 exhibitors

NA Chairman Vuong Dinh Hue (eighth from left) presents a gift to a representative of the Lao - Viet Bank on May 15. (Photo: VNA) Vientiane (VNA) – National Assembly (NA) Chairman Vuong Dinh Hue visited the Lao - Viet Bank (LVB), the commercial representative of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) in Laos, in Vientiane on May 15. LVB was established on June 22, 1999 and had charter capital of 791.3 billion LAK (100 million USD at the date of capital contribution). Present in nine of the 18 provinces and cities in Laos, it is Vietnam’s leading commercial bank and also one of the three largest financial institutions in the country, with total assets currently approximating 1.1 billion USD - ranking third in the local banking system. Speaking highly of the bank’s development over the last 23 years, Chairman Hue, who is paying an official visit to Laos, said BIDV should help promote investment and give advice to Vietnamese … [Read more...] about NA Chairman visits Lao – Viet Bank in Vientiane

MUSIC & PERFORMANCES Creative Dance – METTLER Scholarship 2 semesters: 06 Feb – 29 May, 2022 Registration link From the organizer: Mettler-based Creative Dance Scholarship program provides an introduction to the underlying principles and teaching methods used in Mettler-based Creative Dance. The scholarship is provided by Mettler Studio Inc., USA & Vietnam Dance/Movement Therapy for professional and personal development. ____________________________________________________ EXHIBITION Until May 29, 08 am – 05 pm Hanoi-Solo Art Exhibition Phan Minh Chau: Rock ballad in Colors May 16 – 22 Hanoi-Signifiant Dream May 20 & 21, 08:30 pm Rooftop Manzi Exhibition Space, 2 ngõ Hàng Bún, Ba Dinh District From Manzi: “With the world being stretched, spread in connection, we’re in a tendency of being taken far from home” Signifiant Dream A site-specific staging by XplusX … [Read more...] about What’s on May 16-22/2022