Over 1 million tonnes of goods channelled through Quang Ninh’s Mong Cai border gate A site for goods examination of the Mong Cai International Border Gate in Mong Cai city, Quang Ninh province. Despite serious impacts from the COVID-19 pandemic, border trade activities in Mong Cai city of northern Quang Ninh province, which borders China, have been well maintained with a surge in the volume of import and export goods compared to the figure in 2020. According to the Mong Cai International Border Gate Management Board, as of July 18, the total volume of commodities imported and exported through the border gate had reached more than 1 million tonnes, up 89.2 percent over the same period last year. The collected fees were totalled at more than 34 billion VND (1.47 million USD), up 58 percent year-on-year and equal to 62.7 percent of the yearly target. Specifically, the number of vehicles crossing Bac Luan bridge border gate reached 28,358, including 12,806 …
VIETNAM BUSINESS NEWS JULY 22
Animal feed exports see surge in H1 Luc Ngan lychee of Bac Giang province is protected geographical indication in Japan. Vietnamese firms are urged to pay more attention to register for intellectual property protection in foreign markets. (Photo baochinhphu.vn) Vietnam’s animal feed exports hit nearly 523.88 million USD in the first six months of 2021, up 52.7 percent year-on-year, according to the General Department of Customs. China remains the biggest importer of Vietnam’s animal feed, with turnover reaching 188.3 million USD in the reviewed period. In June alone, China spent 36.62 million USD on importing animal feed from Vietnam, up 47.3 percent from the same period last year. Vietnamese exports of animal feed to Cambodia in January-June rose 41.7 percent to 74.81 million USD, maintaining Vietnam’s second largest importer. Meanwhile, the US surpassed India to become Vietnam’s third biggest importer of livestock feed with turnover hitting 56.42 million …
Quảng Bình to launch General Võ Nguyên Giáp contest
General Võ Nguyên Giáp visited the female members of the army signal and medical units who participated in a military parade on May 1, 1973. VNA/VNS Photo Vũ Tạo HÀ NỘI — In honour of the 110th anniversary of General Võ Nguyên Giáp birthday (August 25, 1911), a contest on the late general will be held at the end of July. The contest is being organised by the Central Youth Union in collaboration with the General Department of Politics of the Việt Nam People's Army and Quảng Bình province. The theme of the contest is "Võ Nguyên Giáp -- People's General” and it aims to promote and educate young people about General Giáp’s contribution to the country's revolution and resistance wars. The contest will show the pride and deep gratitude the Vietnamese feel for the General -- a Communist fighter who dedicated his life to the nation. It is hoped this will encourage people to study more about Gen Giáp and other revolutionary leaders. The contest will consist of two parts: the online …
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Urgent Multilateral Cooperation to Build Back Better
Việt Nam's President Nguyễn Xuân Phúc (centre) attends the virtual APEC Informal Economic Leaders' Retreat on July 16. VNA/VNS Photo Rebecca Sta Maria* The first COVID-19 vaccines were born from great need and rapid innovation. Normally an arduous process involving years of funding applications, negotiations, investigations, testing and production, development of the pantheon of vaccines inoculating the world right now was completed at a rapid pace. Faced with crisis, scientists, doctors, manufacturers, and regulators from around the world worked hard, fast and together. In other words, the race for the vaccines was an achievement that deserves a proportionate response from policymakers. Indeed, we are not only talking about domestic policy—individual governments have done their best on their own this year to control the virus and its economic effects. Many, for example, have taken extraordinary fiscal and monetary measures by ways of stimulus in order to respond …
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Vietnam calls for establishment of new government in Lebanon
Children at Bab al-Tabbaneh, Tripoli city, Lebanon (Photo: AFP/VNA) New York (VNA) – Nguyen Phuong Tra, Deputy Permanent Representative of Vietnam to the United Nations, has called on parties in Lebanon to take prompt action to form a government to help the country avoid collapsing. Speaking at a meeting of the UN Security Council (UNSC) on July 22, Tra expressed her concern over violations and no progress in the implementation of Resolution 1701. She appealed to concerned parties to seriously observe the resolution, respect the freedom of movement of the UN Interim Force in Lebanon (UNIFIL), and create conditions for the mission to fully occupy positions as required in a timely manner. Tra also called on the parties to respect sovereignty and territorial integrity of Lebanon, stop violations of Lebanese airspace, withdraw from occupied areas in the north of the Blue Line, coordinate with the UNIFIL and refrain from acts and statements that would increase tensions. …
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Business opportunities abundant for Swiss firms in Vietnam: seminar
Switzerland is the sixth largest European investor of Vietnam. Illustrative image (Source: VNA) Hanoi (VNA) – Business, trade and investment opportunities in Vietnam were introduced to businesses of Geneva and French-speaking states of Switzerland during a seminar in Geneva on July 20. Ambassador Le Thi Tuyet Mai , Permanent Representative of Vietnam to the UN, the World Trade Organisation, and other international organisations in Geneva, briefed participants on the business environment in Vietnam as well as the highlights in the economic partnership between Vietnam and Switzerland . She underlined key contents of Vietnam’s socio-economic development strategy, especially the Government’s efforts in promoting digital transformation, innovation, and supporting start-ups, along with measures to improve the local business and investment environment to draw more investors. Along with a sound political relationship, Vietnam and Switzerland have enjoyed remarkable progress …
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Bac Ninh aims to enter top 5 localities in PCI rankings
Chairwoman of the provincial People’s Committee Nguyen Huong Giang (Photo: VNA) Bac Ninh (VNA) – The northern province of Bac Ninh is applying measures with the aim of rising to the top five localities in the provincial competitiveness index (PCI) rankings, according to Chairwoman of the provincial People’s Committee Nguyen Huong Giang. Giang noted that in 2020, Bac Ninh stood at the 10th position out of 63 cities and provinces across the country in PCI rankings with 66.74 points, dropping six places over the previous year, but still in the group of localities with good results. In order to improve its PCI ranking, Bac Ninh will design policies to support human resources development and create favourable conditions for goods circulation, while assisting local firms in applying pandemic prevention and control measures and recovering production and business in the new normal situation in the rest of 2021. The province will reform its mechanisms and policies to make them …
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HCM City works on COVID-19 vaccination plan for foreigners
HCM City is working on a vaccination plan for foreigners. (Photo: Baoquocte.vn) HCM City (VNS/VNA) – Ho Chi Minh City is working on a COVID-19 vaccination plan for consular officers and foreigners in the city. Tran Phuoc Anh, Acting Director of the municipal Department of Foreign Affairs, said that members of the foreign community and overseas Vietnamese were concerned about the outbreak and had shown their readiness to assist the city. The city, for example, has received support from the Consulates General of Japan, Thailand and Cambodia in HCM City and the Korean and Indian Enterprise Associations. On July 19, the city received one million medical masks, 100,000 N95 masks, 100 ventilators, and 200,000 USD in cash from the Royal Government of Cambodia. The city has also been closely working with agencies to accelerate provision of the two doses of the COVID-19 vaccine for consular officers and to help people who need to return to their countries./. …
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More investment poured into cold storage facilities
While many industries are suffering during the Covid-19 pandemic, cold storage supply chains are heating up the logistics industry. In a cold storage system, the standard temperature is always below 2 degrees Celsius. A standard cold storage is divided into four warehouse systems (from 1 to 4) that operate fully automatically, with 14 robots and forklift systems loading goods from the container into the warehouse and vice versa. The increased imports of meat and seafood products during the epidemic as well as the need for cold storage to store vaccines are the driving force for the growth of the cold storage industry. In Vietnam, large corporations have invested hundreds of billions of dong in large-scale cold storage systems. Vietnam Holding Limited - an investment fund managed by Dynam Capital, Ltd - spent VND139.8 billion to become the sole holder of convertible bonds issued recently by ABA Cooltrans, the provider of In June 2020, THACO Group put into operation …
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Local community takes lead in protecting Binh Dinh’s coral reefs
A view of coral reefs along coastal areas of Binh Dinh province (Photo: VNA) Binh Dinh (VNS/VNA) - In a bid to protect coral reefs and marine ecosystems, authorities in south-central Binh Dinh province, last year, set aside four areas of coral reefs to be managed by local organisations and communities. Climate change , over development, and seafood exploitation are threatening the life of coral reefs in a number of coastal areas in the province. Dua Beach in Nhon Ly Commune, for example, is well known for its diverse and distinct coral reefs. It covers a total area of over eight hectares, however, only one hectare is strictly protected by local authorities due to a lack of resources. To ensure the remaining seven hectares are protected from damage caused by fishing vessels and tourists, and to raise public awareness of the threats coral reefs face among the local community, the Quy Nhon city People’s Committee, last February, decided to hand over management of the …
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