Up to 200 domestic and overseas businesses are joining International Vietbuild Exhibition 2022 in Da Nang. — Photo cafeland.vn The International Vietbuild Exhibition 2022 is underway in the central city of Da Nang with the participation of more than 200 domestic and overseas businesses. The exhibition showcases a wide range of products in construction, building materials, exterior-interior decoration, solar energy machines, and smart home technologies in 1,000 booths. In his speech at the exhibition's opening ceremony on Wednesday, Deputy Minister of Construction Nguyen Van Sinh praised the event's contribution to supporting the implementation of State guidelines and policies on construction and real estate, trade promotion, technology transfer, brand development and investment co-operation. It would also help connect supply and demand, especially in the context of the country's economic recovery after the COVID-19 pandemic, Sinh said. Meanwhile, organisers said the event … [Read more...] about Da Nang hosts Vietbuild 2022
Persistent 2022 hiring
Hanoi hosts second Vietnamese Goods Week 2022
The second Vietnamese Goods Week 2022 is underway until May 22. A trade fair promoting Vietnamese goods and featuring 90 stalls is taking place at Trinh Cong Son pedestrian street, Nhat Tan Ward, Tay Ho District, Hanoi. Local consumers are shopping at the Vietnamese Goods Week 2022. Photo: hanoimoi.com.vn With the theme "Vietnamese branded goods create a driving force for the country's economy to develop sustainably", the Hanoi’s Vietnamese Goods Week 2022 is aimed at stimulating consumer demand as well as bringing Vietnamese goods to people and tourists in the city. The fair has a scale of 90 booths displaying consumer goods, products from craft village and those in agricultural, forestry and fishery sectors, safe and organic food, merchandise ranked by the One Commune One Product (OCOP) program, among other Vietnamese goods. Tran Thi Phuong Lan, Acting Director of the Hanoi Department of Industry and Trade, said that through the Vietnamese Goods Week … [Read more...] about Hanoi hosts second Vietnamese Goods Week 2022
Đà Nẵng hosts Vietbuild 2022
Up to 200 domestic and overseas businesses are joining International Vietbuild Exhibition 2022 in Đà Nẵng. — Photo cafeland.vn ĐÀ NẴNG — The International Vietbuild Exhibition 2022 is underway in the central city of Đà Nẵng with the participation of more than 200 domestic and overseas businesses. The exhibition showcases a wide range of products in construction, building materials, exterior-interior decoration, solar energy machines, and smart home technologies in 1,000 booths. In his speech at the exhibition's opening ceremony on Wednesday, Deputy Minister of Construction Nguyễn Văn Sinh praised the event's contribution to supporting the implementation of State guidelines and policies on construction and real estate, trade promotion, technology transfer, brand development and investment co-operation . It would also help connect supply and demand, especially in the context of the country's economic recovery after the COVID-19 pandemic, Sinh said. … [Read more...] about Đà Nẵng hosts Vietbuild 2022
Vietnam Blockchain Summit 2022 to take place in July
The Vietnam Blockchain Summit 2022 will take place on July 21-22. (Photo courtesy of VINASA) Hanoi (VNA) - The Vietnam Blockchain Summit 2022 will take place at the National Conference Centre of Vietnam in Hanoi on July 21-22. The event will bring together more than 2,500 delegates from management units, enterprises, investment funds, domestic and international organisations and individuals. The summit is an annual event on a national and international scale. Being organised for the first time by VINASA and Vietnam Blockchain Association, the programme is oriented to become a prestigious annual destination, in the chain of events of the blockchain world. This year’s event is organised to accompany the Government, agencies, ministries, sectors and businesses in orienting, developing, and promoting the application of blockchain technology in Vietnam, and at the same time making an impression on the country’s blockchain development, creating a destination for investors, … [Read more...] about Vietnam Blockchain Summit 2022 to take place in July
Techcombank eyes seat at top Southeast Asian banking table
"Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us deliver stellar performance year after year," said Jens Lottner, CEO of Techcombank. Last year, the bank continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a "stable and cheap" source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 percent in 2020 to 50.5 percent last year, on its way to the bank’s target of 55 percent by 2025. Techcombank’s net interest margin (NIM), a measure of the difference between the interest received by the bank and the amount paid out to lenders, also increased 69 basis points to 5.6 percent during the year. "Together, these improving metrics, along with our effective cost management, translated into an excellent profit before tax … [Read more...] about Techcombank eyes seat at top Southeast Asian banking table
Vietnamese consumers’ growing interest in Australian F&B products
Shannon Leahy, trade commissioner for Austrade, and general director of BRG Retail Nguyen Thi Thanh Thuy. Photo: Austrade Australia is one of Vietnam’s major suppliers of beef ad lamb products. Local consumers can enjoy a growing range of Australian products from fresh fruits, dairy, seafood, and beverages including a diverse range of sparkling, red, and white wines. Cherries, citrus, table grapes, milk, yoghurt, cheese, cereals, juices, rock lobsters, and abalone are just some of the beloved Australian products that have made it into Vietnamese stores, restaurants, and homes. General director of BRG Retail Nguyen Thi Thanh Thuy said, “Vietnamese consumers increasingly demand clean, fresh, and delicious products with premium quality and transparent origins regardless of if they are eating out or at home. Australian suppliers can offer exactly what they want, including high-quality sustainable meat, delicious fruits, the finest dairy and cereals, and premium seafood … [Read more...] about Vietnamese consumers’ growing interest in Australian F&B products
Venture capital into innovative start-ups surges despite pandemic
New technology unicorns According to the Vietnam Innovation and Tech Investment Report 2021, venture investment totaled US$1.4 billion, four times that of 2020 and 60 percent more than the 2019 record of US$874 million. E-commerce and payment led the list with US$469 million and US$450 million respectively. The total number of transactions also increased significantly to reach 165 deals, up 57 percent compared to 2020. Last year also marked the appearance of two new technology unicorns - Momo (valued at nearly US$2 billion) and Sky Mavis (nearly US$3 billion), bringing the total number of unicorns in Vietnam to four. “This success affirms Vietnam's position as an emerging technology hub of the region,” stressed the report issued by the venture capital firm (Do Ventures Vietnam) and the Vietnam National Innovation Center (NIC). MoMo was one of two new technology unicorns in 2021 The total number of investment funds participating in Vietnam in 2021 grew 60 percent, … [Read more...] about Venture capital into innovative start-ups surges despite pandemic
Vietnam joins efforts to restore ecosystems
Van Long Wetland Nature Reserve (Photo: VNA) Hanoi (VNA) – Vietnam is joining common efforts to restore the ecosystems in response to International Day for Biological Diversity 2022 themed “Building a shared future for all life”. biodiversity degradation and ecosystem imbalance remains high, directly affecting food security, and driving people to the risk of poverty, genetic resource depletion, and especially climate change. Therefore, the restoration and protection of ecosystems and biodiversity has become a global issue. Coral reef in Phan Rang-Thap Cham city, Ninh Thuan (Photo: VNA) Vietnam is considered one of the most important areas in the flyway network of migratory and endemic birds, with 63 globally important bird zones and seven endemic bird zones. Most recently on May 17, the Deputy PM signed a decree on a number of urgent tasks and solutions to protect wild and migratory birds in Vietnam./. VNA … [Read more...] about Vietnam joins efforts to restore ecosystems
Center hoped to help link, consume agricultural products in Mekong Delta
At the conference (Photo: SGGP) The Center for linking production, processing, and consumption of agricultural products in Can Tho City was established with the expectation that by 2050, it will become the central transport node in large metropolitan areas with smart technology. The center will be the focal point of the chain of smart production, processing, and consumption centers in the region. In this link chain, about 50 percent - 70 percent of the production processes are done automatically and intelligently. Speaking at the conference, Chairman of the Can City People's Committee Tran Viet Truong said this is an important conference to get opinions from ministries, sectors, and localities in the region, step by step perfecting the project in the most feasible direction before submitting it to the Government. The Center aims to contribute to the construction of Can Tho City into the central city of the Mekong Delta region, contributing to the development of the region’s … [Read more...] about Center hoped to help link, consume agricultural products in Mekong Delta
Conference discusses Public-Private Partnerships in healthcare
A panel discussion at the conference on strengthening ‘Public-Private Partnership for sustainable healthcare transformation’ in Hanoi on May 18. (Photo: VNA) Opening the event, the newspaper's editor-in-chief Le Trong Minh said that Vietnam's health sector faced many challenges, such as increasing infectious and non-communicable diseases, hospital overcrowding, shortage of supplies and equipment, the ageing population as well as the disparity between regions and healthcare levels in terms of quality of medical services and standardisation of modern equipment. “For the health system to be capable and always ready to respond to future situations, towards a comprehensive and sustainable health care system, it is necessary to have new investment orientations in social resources for the health system, as well as stronger cooperation from the parties involved, including the Public-Private Partnership (PPP) method,” said Minh. At the event, MPI deputy minister Tran Duy Dong said it … [Read more...] about Conference discusses Public-Private Partnerships in healthcare