General Director of Vietnam Social Insurance Nguyen The Manh chairs the meeting with directors of social insurance in cities and provinces While chairing the meeting with directors of social insurance in cities and provinces, the leader of Vietnam Social Insurance has directed the heads of local social insurance agencies closely coordinate with the health sector to immediately ensure the adequate supply of drugs and medical supplies for patients especially patients with health insurance cards. The General Director of Vietnam Social Insurance requested local social insurance agencies to urgently coordinate with health departments and medical examination and treatment facilities covered by health insurance to monitor the progress of drug bidding for each concentrated bidding package and additional bidding at medical examination and treatment facilities to avoid delay in bidding, leading to a shortage of drugs for treatment and arising the procurement of drugs in contravention of the … [Read more...] about Leader of Vietnam Social Insurance directs urgent bidding to supply enough drugs
Leaders meeting
Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict
At the meeting According to general statistics from the General Department of Vietnam Customs, in the first five months of 2022, approximately 206,110 tons of cashew kernels of all kinds were exported earning over US$1.19 billion in export turnover, down 7.81 percent in volume and 6.81 percent in value. However, the average export price was about $5,792 a ton, up 1.45 percent from the same period last year. Regarding imports in the first five months, enterprises imported about 968,000 tons of raw cashew nuts from abroad with a value of nearly $1.4 billion, down 35.24 percent in volume and down 37.84 percent in value over the same period in 2021. However, prices of imports from Africa increased by 15 percent-20 percent since the beginning of the season. More importantly, importers are tending to be slow to purchase raw materials due to many reasons but the most common is the price difference between imported raw cashew nuts and export kernel prices. The price of raw cashew … [Read more...] about Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict
HCM City works to clear hurdles for RoK investors
At the event (Photo: VNA) HCM City (VNA) – Investors from the Republic of Korea (RoK) in Ho Chi Minh City are facing a number of bottlenecks related to labour regulation and administrative procedures that need to be promptly removed, heard a June 24 dialogue between the municipal leaders and the business community. The collection of seaport infrastructure fees was also pointed to by many participating businesses. From April 1, 2022, all container vehicles entering and leaving the city’s Cat Lai port have to pay an additional fee for using seaport infrastructure. Korean firms proposed the establishment of a monthly gross payment process and a reduction of the fee, given their difficulties from increased logistics costs. Phan Van Mai , Chairman of the municipal People’s Committee, said the southern economic hub is working to recover after two years affected by the COVID-19 pandemic. Such recovery sees a significant contribution of the business communities, including … [Read more...] about HCM City works to clear hurdles for RoK investors
Part 4: Towards a bright future
A priceless common asset of the two peoples Since Cambodia's revolutionary and armed forces were strong and capable enough to defend the country, Vietnam withdrew its volunteer troops and advisors in 1989 under the agreement between the two parties and states, successfully fulfilling the glorious international mission in the neighboring country. After the Paris Peace Agreement in 1991 and the General Election in 1993, the Vietnam-Cambodia relationship was lifted to a new stage in accordance with the actual situation in each country. With the motto of "good neighborliness, traditional friendship, comprehensive cooperation, long-term sustainability," Vietnam-Cambodia relations have been continuously consolidated and extensively developed in all fields, of which defense cooperation is an important pillar. The first Vietnam - Cambodia Border Defense Friendship Exchange held in May 2022 vividly manifested the contribution of defense cooperation to enhancing mutual understanding and … [Read more...] about Part 4: Towards a bright future
Talk gives young Lao people insight into traditional relations with Vietnam
Vietnamese Ambassador to Laos Nguyen Ba Hung speaks at the event in Vientiane on June 24. (Photo: VNA) Vientiane (VNA) – Stories about Vietnam and Laos’s traditional relations were shared with young people at a talk held by the Lao National Academy of Politics and Public Administration in Vientiane on June 24. Director of the academy Phouvong Ounkhamxeng, who is also a member of the Lao People’s Revolutionary Party Central Committee, told Vietnam News Agency that the talk aimed to help young Lao people gain a better understanding of the two countries’ special relations in order for them to uphold and develop bilateral ties. Speaking at the event, Vietnamese Ambassador to Laos Nguyen Ba Hung said the countries’ special relations were founded by then Presidents Ho Chi Minh and Kaysone Phomvihane and have been nurtured by generations of their leaders and people. Braving various challenges throughout history, Vietnam - Laos relations have become a rare exemplary and … [Read more...] about Talk gives young Lao people insight into traditional relations with Vietnam
Electronic documentation system fundamental to digital economy
Illustrative photo (Source: vneconomy.vn) Hanoi (VNA) – Enterprises are gradually switching to an electronic documentation system , underpinning the nation’s efforts to develop the digital economy . A survey conducted by the Ministry of Industry and Trade in 2021 revealed that at least 33% of the surveyed businesses use e-contracts in their commercial activities. The application not only helps firms and their customers be more efficient, but also contributes to reducing the impact of the COVID-19 pandemic and the gap in commercial transactions. The Bkav DX Platform has hosted e-contracts for more than 3 years. As a result, it helped companies save 70% of printing and delivery costs annually and shortened the process of providing products to customers by 50%. A representative of FPT Information System Company said that in Vietnam, the concept of e-contracts is no longer new. On the FPT.eContract – a signing platform between businesses and individuals – there are more … [Read more...] about Electronic documentation system fundamental to digital economy
S. Korean firms in Ho Chi Minh City seek help to ease rising cost burden
The president of the Korean Chamber of Commerce in Vietnam (KOCHAM) has asked the Ho Chi Minh City government to assist South Korean enterprises in alleviating their cost burden in the current difficult period. KOCHAM President Shon Young Il made the request at a dialogue session between the city government and South Korean enterprises, held on Friday by local authorities in coordination with the Consulate General of South Korea in the southern metropolis. Speaking at the event, chaired by the municipal People’s Committee chairman Phan Van Mai, the KOCHAM leader said Korean businesses are facing a lot of pressure while trying to recover from the COVID-19 pandemic and cope with impacts caused by the ongoing Russian-Ukraine military conflict and the inflation risk. Therefore, he hopes that the Ho Chi Minh City administration can support Korean businesses in reducing their cost burden in this tough period. Specifically, local authorities should assist Korean businesses in solving … [Read more...] about S. Korean firms in Ho Chi Minh City seek help to ease rising cost burden
Emirates adds more flights from Viet Nam
Emirates is now increasing its frequency daily from Ha Noi and six times weekly from HCM City to Dubai and beyond. — Photo courtesy of Emirates Travellers from Viet Nam headed to Europe and the US this summer can enjoy more connectivity, flexibility and choices as Emirates is adding more frequency from both Ha Noi (HAN) and HCM City (SGN) starting from June 24, 2022. Since Viet Nam reopened its border for foreign tourists in March 2022, Emirates has gradually increased the weekly frequency on both routes from HCM City and Ha Noi, offering travellers from Viet Nam more convenience as well as a safe and seamless connection to Dubai and onward to Emirates’ global network of over 130 destinations. Starting from June 24, Emirates will boost its frequency from Ha Noi to daily flights. From June 24 to 30, Emirates flight EK394 will depart Dubai at 3:30am, arriving in Ha Noi at 1:15pm, while on its return leg, Emirates flight EK395 will depart Ha Noi at 12:25am, arriving in Dubai at 4 … [Read more...] about Emirates adds more flights from Viet Nam