The Hanoitimes - Defense ties remain the key aspect in the bilateral relations for both historical and commercial factors. The defense ties between Vietnam and Russia, which have been already robust since the USSR, have been further enhanced over the past years as Hanoi and Moscow vow to advance multifaceted historical relations. Vietnamese Defense Minister Ngo Xuan Lich and Russian counterpart General Sergey Shoigu in Hanoi in January 2018. Photo: News.cn Of the multisectoral relationship including energy, defense ties remain the key pillar as Hanoi has been a big weapons customer of Moscow for years. Last week, this aspect of the Russia-Vietnam defense ties made headlines again with the official announcement of the opening of a new helicopter engine repair center in Vietnam, following up an agreement inked last October. The new facility Managed by Russian state-owned defense conglomerate Rostec, the center is located in Vietnam’s southern … [Read more...] about How strong are Vietnam-Russia defense ties?
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Can Tho in dire need of international shipping routes A vessel heads for Tan Cang-Cai Cui Port in Can Tho City Although the Government has allowed Can Tho City to expand its logistics center to 242 hectares from the current 75 hectares, the center cannot develop without international shipping routes allowing the city to directly ship goods abroad, said Nguyen Minh Toai, director of the municipal Department of Industry and Trade. At a seminar on development of Can Tho City’s logistics network by 2020, with a vision to 2030, in the city today, February 20, Toai said that Can Tho needs to launch shipping routes through Quan Chanh Bo Canal and Dinh An Estuary to develop a modern logistics center in the city. It costs US$10 to transport each container of goods from Can Tho to Cat Lai Port in HCMC or to Cai Mep-Thi Vai Port in Ba Ria-Vung Tau Province, he said, and the cost is even higher if shipping containers are carried further away. If goods are directly shipped from the … [Read more...] about BUSINESS NEWS IN BRIEF 22/2
Mai Linh launches cooperative to attract idle cars Mai Linh Group on November 15 will officially introduce and start the operation of Hoa Binh Xanh Taxi Cooperative in HCMC, which will call for the participation of owners of idle cars. According to the group’s press release, the cooperative is expected to offer more choices to the group’s customers. Early joiners of Hoa Binh Xanh Cooperative will be exempt from the management fee until December 31. They will also receive a uniform, free training courses and practicing certificates. After that, they will have to pay the management fee of only 13.9% of revenues for the duration of their contracts. Hoa Binh Xanh Cooperative will share Mai Linh’s taxi booking app and use call center 1055. The cooperative’s taxicabs will not be forced to have bright colors or be repainted in green, the traditional color of Mai Linh. However, they will have a lightbox highlighting the word “Taxi,” the Hoa Binh Xanh logo … [Read more...] about BUSINESS NEWS IN BRIEF 15/11
E-commerce key for farm exportersVietnamese enterprises should take advantage of e-commerce development to boost exports of farm produce to China, experts said at a meeting on Sunday in HCM City.Wen Xi Chen, economic counselor at the Chinese Consulate General in the city, said Vietnamese enterprises should cooperate with well-known Chinese e-commerce enterprises to open online stores of high-quality farm produce for export to China.While e-commerce has narrowed the production and consumption gap, and extended consumer markets, traditional sale channels have not updated market information regularly, he said.To develop e-commerce for agricultural products, logistics service, traceability and human resources should ensure product quality, he added.Nguyen Hoang Anh, member of the Advisory Council for Reform, who is also vice president of the Digital Agriculture Association (DAA) Viet Nam, said China remained a major market for agricultural products exported from Viet Nam due to similarity … [Read more...] about BUSINESS NEWS IN BRIEF 30/8
Vietnam’s Ministry of Public Security has called for helicopters to be deployed during rescue operations on the country's highways, after multiple crashes caused serious congestion on a Hanoi expressway last month. Multiple crashes that killed three people and caused an eight-hour tailback on the Phap Van-Cau Gie Expressway in Hanoi should be a wake-up call to push for better rescue service, officials said at a meeting on Friday. Police would be caught in serious "extreme" difficulties in such situation, said Major General Nguyen Ngoc Tuan, deputy chief of the traffic police division. Traffic on the Hanoi expressway was frozen over 30 kilometers from the afternoon until midnight on March 18, trapping many travelers including children and patients on their way to hospital. “There were a three-month-old baby and a person in need of respiration support," he said. Hanoi had to send police cars to escort them out of the ensuing chaos. Tuan proposed more police and medical … [Read more...] about Vietnamese police urge helicopter rescue service after deadly highway pile-up in Hanoi