Denmark

At his meeting with Vietnamese Ambassador to Denmark Luong Thanh Nghi in Copenhagen on August 9, Bustrup affirmed that in the context that the two countries share many common interests and hold increasingly substantive and comprehensive relations, and many Danish businesses intend to expand their operations abroad, Vietnam has emerged as a potential destination. He expressed his thanks for and appreciated the cooperation and support of the Vietnamese embassy in DI’s activities, and asked the embassy to assist with the organization of Vietnam visits by Danish enterprises in the coming time. For his part, Nghi spoke highly of the active role and efforts of the confederation in intensifying the two countries’ economic and investment ties. The ambassador informed his host on the embassy's plan to organize a forum on September 5 in Copenhagen, on Vietnam - Denmark cooperation in digital and green transformation - the two priority fields that Vietnam is focusing on implementing, with … [Read more...] about Vietnam, Denmark seek ways to intensify economic, trade ties

Delegates inaugurate an international exhibition on livestock, dairy, meat-processing and aquaculture , ILDEX Vietnam 2022, on August 3 in HCM City. (Photo: VNA) HCM City (VNA) - The 8th International Livestock, Dairy, Meat Processing and Aquaculture Exposition opened on August 3 at the Saigon Exhibition and Convention Centre in District 7, Ho Chi Minh City. ILDEX Vietnam 2022 has attracted more than 200 exhibitors from 25 other countries and territories, including Austria, Belgium, Canada, China, the Czech Republic, Denmark, France, Germany, Italy, Japan, the Republic of Korea, Netherlands, Thailand, the US, and the UK. There are national pavilions from countries like France, the US, Italy, Korea, Brazil, Czech Republic and big brands in the livestock industry such as EVONIK, HUALI, BEHN MEYER, PEJA, LUCTA, and MIAVIT. Besides showcasing the latest machinery, technologies and business solutions for the livestock, dairy and aquaculture industries, the expo also … [Read more...] about Int’l livestock, meat-processing, aquaculture expo opens in HCM City

At their meeting, FM Son and his New Zealand counterpart Nanaia Mahuta agreed on the need to increase delegation exchanges and the promotion of annual mechanisms, striving for 20% growth in annual two-way trade to match the bilateral Strategic Partnership. They concurred to recover collaboration in other fields such as education, tourism, tourism, people-to-people exchange after COVID-19. FM Son thanked New Zealand for providing 2 million NZD for Vietnam's recovery process. Mahuta affirmed that New Zealand will maintain the provision of ODA and scholarships to Vietnam and strengthen the country’s cooperation in the Mekong region. The two sides discussed the orientations of cooperation at ASEAN forums. Minister Mahuta invited Minister Son to visit New Zealand and co-chair the first Foreign Ministers’ Meeting. At a meeting with Canadian Minister of Small Business, Export Promotion, and International Trade Mary Ng, Son suggested the strengthening of collaboration within regional … [Read more...] about Foreign Minister holds bilateral meetings on AMM-55 sidelines

Delegates inaugurate an international exhibition on livestock, dairy, meat-processing and aquaculture, ILDEX Vietnam 2022, on August 3 in HCM City. — Photo Khac Quang The 8th International Livestock, Dairy, Meat Processing and Aquaculture Exposition opened on August 3 at the Sai Gon Exhibition and Convention Centre in District 7. ILDEX Vietnam 2022 has attracted more than 200 exhibitors from 25 other countries and territories, including Austria, Belgium, Canada, China, Czech Republic, Denmark, France, Germany, Italy, Japan, Korea, Netherlands, Thailand, the US, and the UK. There are national pavilions from countries like France, the US, Italy, Korea, Brazil, Czech Republic and big brands in the livestock industry such as EVONIK, HUALI, BEHN MEYER, PEJA, LUCTA, and MIAVIT. Besides showcasing the latest machinery, technologies and business solutions for the livestock, dairy and aquaculture industries, the expo also features specialised seminars, a business matching programme, a … [Read more...] about International livestock, meat-processing, aquaculture expo opens in HCM City

Representatives of ASEAN and the six new parties to the Treaty of Amity and Cooperation in Southeast Asia at the signing ceremony in Phnom Penh on August 3 (Photo: VNA) Hanoi (VNA) – Six more countries have taken part in the Treaty of Amity and Cooperation in Southeast Asia (TAC), raising this deal’s membership to 49. Representatives from Denmark, Greece, the Netherlands, Oman, Qatar, and the United Arab Emirates signed the instrument of accession to the TAC in the presence of ASEAN foreign ministers on August 3, on the sidelines of the 55th ASEAN Foreign Ministers' Meeting ( AMM-55 ) in Phnom Penh, Cambodia . In his remarks, Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn, who also chaired the AMM-55, said it was his country’s honour to host the signing ceremony. Such a high number of parties shows the importance of the TAC in terms of its fundamental objectives and principles of promoting friendly multilateral cooperation and peaceful … [Read more...] about Six more countries join amity, cooperation treaty in Southeast Asia

This is a professional exhibition held every two years, attracting the interest of professionals and businesses around the world. ILDEX Vietnam is organized by Minh Vi Exhibition Company (VEAS) and VNU Exhibition Company. ILDEX Vietnam is a good opportunity to connect and diversify the global supply chain, promptly restore and enhance business and production opportunities, update market information, techniques, technology and new products after nearly three years of interruption due to the COVID-19 pandemic. ILDEX Vietnam 2022 exhibition attracts more than 200 exhibiting companies from 31 countries and territories such as: Austria, Australia, Belgium, Brazil, Canada, China, Czech Republic, Denmark, France, Germany, India, Italy, Japan, Poland, Singapore, Spain, Switzerland, Thailand, Netherlands, the UK, the US, Vietnam... The exhibition has national pavilions such as: France, USA, Italy, the Republic of Korea, Brazil, Czech Republic and many big brands in the livestock … [Read more...] about ILDEX Vietnam 2022 exhibition opens in HCMC

Orsted Group from Denmark and T&T Group proposed an offshore wind power development in central Ninh Thuan Province. — Photo courtesy of T&T Orsted Group from Denmark and T&T Group have proposed an offshore wind power development in central Ninh Thuan Province, according to local authorities. Deputy Chairman Phan Tan Canh met the two firms recently, talking about the two projects of Ninh Thuan 1 and Ninh Thuan 2 in the waters of Thuan Nam District. The Investor Consortium from T&T and Orsted calculated the Ninh Thuan 1 offshore wind farm with a capacity of 3,000 MW will be built in three phases of investment from 2029 to 2033, with 150 turbines and a 20 MW tower, with a total investment of VND223.4 trillion (US$9.7 million). They also said the farm of Ninh Thuan 2, with a capacity of 2,000 MW, is expected to be deployed after 2030, with 100 turbines, implemented in two phases from 2030 to 2037 at a total investment of about VND157.5 trillion. They proposed to … [Read more...] about T&T and Orsted propose two offshore wind farms in Ninh Thuan

LDG Group is a developer with many unfinished projects that cannot be deployed in Ho Chi Minh City because of legal issues and cash flow. To solve the situation, chairman Nguyen Khanh Hung in June said he wants to mobilise capital from outside, and a merger and acquisition (M&A) is one potential method. Vietnam boasting buoyant real estate M&A activities “We are looking to finish legal documentation for two projects of the High Intela and the West Intela with a total of around 800 units which can be taken into M&A for other potential partners. This would be a good solution for LDG because these projects are small in scale, and LDG should leave them to drive focus towards improving its governance and construction capacity,” Hung said. According to Do Duy Thanh, manager of Savills Hanoi Investment Advisory Department, M&As are considered a safe and beneficial solution for both parties because the domestic enterprise can solve the capital shortage, while … [Read more...] about M&A route lends appeal for delay-ridden ventures

The Embassy of Spain in Vietnam has decided to recognize a new Vietnamese passport, reversing its suspension a week before, according to the diplomatic mission’s announcement on Monday morning. The Spanish Embassy said that it completed the mandatory technical consultations with the authorities in Spain and came to the conclusion that the new Vietnamese passport, in blue-violet color, includes the essential details required by international regulations. Therefore, the embassy has resumed the acceptance for processing visa applications with the blue-violet passport and a valid identity document starting Monday. The embassy explained that since the place of birth is mandatory information in Schengen visa applications, applicants holding the blue-violet passport must prove their birthplace by presenting a valid Vietnamese identity document, in which the said information is stated. The embassy, however, noted that Schengen member countries that do not recognize those new … [Read more...] about Spain backpedals on denial of Vietnam’s new passport

General Department of Vietnam Customs’ data showed that the bilateral trade reached US$1.03 billion in the first four months of 2022 (up 15 percent from the same period of 2021), including US$689.13 million worth of Vietnamese exports (up 19.2 percent) and US$342.16 million worth of Vietnamese imports (up 7.3 percent). Tra fish exports are projected to surge by a whopping 97 percent year-on-year in the first five months of 2022, reaching US$1.1 billion Nguyen Thi Hoang Thuy, Head of the Vietnam Trade Office in Sweden, concurrently in Denmark, Norway, Iceland, and Latvia, said Nordic enterprises generally bought Japonica rice from Spain, Italy, Japan and the US, and were excited to discover they could import a similar product with similar quality from Vietnam at a one-third to one half less. Foreign trade accounts for 50-60 percent of the Nordic bloc’s gross domestic product (GDP). Despite their small population, Nordic countries made an impressive import value … [Read more...] about Vietnamese exports to Nordic markets thrive