The central province of Quang Binh will hold an investment forum this month which will be chaired by Prime Minister Nguyen Xuan Phuc. The information was given at a press conference held by the provincial authorities on August 24. The press conference to announce Quang Binh's investment promotion forum Local authorities are set to grant investment certificates and investment co-operation agreements for 66 projects with a total investment of VND162.25 trillion (USD7.05 billion), at the forum scheduled to take place on August 27, According to vice chairman of the Quang Binh People’s Committee Tran Tien Dung. The province has organised many investment promotion activities in the Philippines and Singapore as well as a meeting between the provincial authorities with potential investors in Hanoi to prepare for the event. Prime Minister Nguyen Xuan Phuc will speak at the forum. The forum is expected to attract 500 participants, including domestic and international investors. … [Read more...] about PM to attend Quang Binh investment forum
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Forum calls on VN supporting industries to get a move on
Businesses in supporting industries need to further improve their functioning and establish close ties with each other and official agencies to enter multinational supply chains, delegates told a forum in HCM City on Thursday. Dinh Thi Bao Linh, deputy director of the Viet Nam Industry and Trade Information Centre, said supporting industry, which refers to making accessories, components and others used in manufacturing, has received special attention from the Government since it is the foundation for development of many other industries. Yet the rate of locally sourced parts remains modest, she said. Do Thi Thuy Huong, a member of the executive board of the Viet Nam Electronic Industries Association (VEIA), said the electronics industry has developed strongly in recent years with exports rising every year. The development of the sector is mainly thanks to the large investments made by multinational companies, especially from Korea and Japan, in the production of both final products and … [Read more...] about Forum calls on VN supporting industries to get a move on
Vietnam attends int’l military-security forums in Russia
Vietnam attends the International Military-Technical Forum "Army 2018" and the International Forum "Security Week Russia" from August 19 - 24. (Photo: rusarmyexpo.com) Hanoi (VNA) – A high-ranking delegation of the Vietnamese Ministry of National Defence, led by Deputy Minister Sen. Lieut. Gen. Be Xuan Truong, has been in Russia to attend the International Military-Technical Forum «ARMY 2018» and the International Forum “Security Week Russia” from August 19-24. The visit is being made at the invitation of Russian Minister of Defence Gen. Sergei Shoigu. While in Russia, the Vietnamese delegation had meetings with several partners and attended the opening of a booth of the Viettel Military Industry and Telecoms Group. They also participated in exhibitions showcasing modern military weapons and technologies as well as activities presenting the features and operations of weapons and technical equipment on the drill-ground. The Vietnamese … [Read more...] about Vietnam attends int’l military-security forums in Russia
Forum discusses optimizing supply chain, business strategy
The event was held by the Institute for Brand and Competitiveness Strategy (BCSI) in partnership with Portland State University from the United States. Speaking at the forum, President of the BCSI Council Nguyen Van Nam said the concept of global supply chains is not new to Vietnamese companies. Since Vietnam’s shift from a centrally planned to market economy three decades ago, the country has set up trade relations with more than 180 countries and drawn investment from over 100 countries. However, most firms only participate in the secondary supply chain, so the products they make don’t have high added value, he said. A forum on how to optimize supply chains and competitiveness for enterprises in Vietnam About 21 percent of small- and medium-sized enterprises in Vietnam joined the global supply chain while the percentages in Thailand and Malaysia are 30 percent and 46 percent, respectively. Thus, Vietnamese enterprises are less likely to benefit from the … [Read more...] about Forum discusses optimizing supply chain, business strategy
Forum discusses optimising supply chain, business strategy
A forum discussing how to optimise supply chains and competitiveness for enterprises in Vietnam takes place in Hanoi on August 21. (Photo: VNA) Hanoi (VNA) – A forum discussing how to optimise supply chains and competitiveness for enterprises in Vietnam took place in Hanoi on August 21. The event was held by the Institute for Brand and Competitiveness Strategy (BCSI) in partnership with Portland State University from the United States. Speaking at the forum, President of the BCSI Council Nguyen Van Nam said the concept of global supply chains is not new to Vietnamese companies. Since Vietnam’s shift from a centrally planned to market economy three decades ago, the country has set up trade relations with more than 180 countries and drawn investment from over 100 countries. However, most firms only participate in the secondary supply chain, so the products they make don’t have high added value, he said. About 21 percent of small- and medium-sized enterprises in … [Read more...] about Forum discusses optimising supply chain, business strategy