Vietnam and Cambodia have entered a stage of comprehensive cooperation and mutual benefit with a five-decade legacy. Senior leaders of Vietnam and Cambodia attended a ceremony in the Hanoi Opera House today [June 24] to celebrate the 55th founding anniversary of the Vietnam-Cambodia diplomatic relations (June 24, 1967-June 24, 2022). Senior officials of both Vietnam and Cambodia at a celebrating ceremony in Hanoi on June 24. Photos: VGP Attending the ceremony are Vo Van Thuong, Politbureau member and standing secretary of the Party Central Committee’s Secretariat, and Men Sam An, Permanent Deputy Prime Minister of Cambodia. Addressing the event, Men Sam An said Vietnam’s assistance has helped bring Cambodia out of a period of mourning and separation. “Vietnam’s support and help have contributed to turning Cambodia from a nation separated by war to a unified country with complete peace and development in all fields,” she noted. A week ahead of the … [Read more...] about 55th anniversary of Vietnam-Cambodia relations observed
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Manulife celebrates 23 years operating in Vietnam
Today more than 1.5 million customers put their trust in Manulife Vietnam. Manulife has marked 23 years of investing in Vietnam's economic prosperity and healthier, more resilient people, and the company's anniversary is also an opportunity to reaffirm its commitment to building a more sustainable future for all. Overview of the ceremony. As the first foreign-owned life insurer in the market and part of a leading Canadian-based financial services provider, Manulife Vietnam has been a pioneering force in the local industry’s development. Manulife Vietnam’s customer and transformation focus has helped shape the country’s burgeoning life insurance market. The insurer has also taken an industry-leading role in wider societal needs such as closing the protection gap, responding to growing health demands, and meeting the evolving digital needs of consumers. Today more than 1.5 million customers put their trust in Manulife Vietnam. “Over the years, … [Read more...] about Manulife celebrates 23 years operating in Vietnam
Vietnam oriented toward fish sauce export
At the conference Speaking at a seminar to discuss solutions to boost Vietnam's fish sauce exports this afternoon in Hanoi, the Vietnam Association of Fish Sauce in collaboration with the Vietnam Cuisine Culture Association (VCCA) and Agrotrade under the Ministry of Agriculture and Rural Development held a seminar on ‘Promoting export exporting fish sauce - orientation and solutions’. According to the Vietnam Association of Fish Sauce, exporting fish sauce is the goal of manufacturers and traders in this industry globally. Vietnam is a country favored by nature and has a long experience in fish sauce production. According to the Agrotrade, the country currently has more than 4,200 fish sauce production facilities with an average output of nearly 380 million liters in 2020. In recent years, not only serving domestic consumption needs, Vietnam's fish sauce products are also promoting the application of science and technology and strict standards for ensuring safety and hygiene … [Read more...] about Vietnam oriented toward fish sauce export
Vietnam’s GDP growth forecasted to hit 6.5 per cent in 2022
According to ICAEW, Vietnam was able to bounce back quite quickly in 2021 as compared to the rest of the region. With the easing of restrictions from last year’s fourth quarter that carried over to this year’s first quarter, there has been a significant recovery in its services sector driven by domestic tourism. Additionally, there should be a boost on the international tourism front as travellers return to Vietnam. Realised foreign direct investments inflow into Vietnam this year should provide support for construction and labour and also improve export capacity, which still remains healthy. It was noted that Vietnam was not particularly affected by the Delta variant wave, and hence did not experience large lockdowns that impacted its economy as much as Malaysia and the Philippines did. The economic recovery path chartered across Southeast Asia has been uneven and must now contend with rising external headwinds from outside the region. Despite that, an average … [Read more...] about Vietnam’s GDP growth forecasted to hit 6.5 per cent in 2022
Sanofi’s leader sees Vietnam as a promising market for healthcare
Vietnam is facing heavy burdens of morbidity and mortality caused by non-communicable diseases. Therefore, being able to control risk factors, improve disease prevention, make early diagnoses, and manage treatments of such illnesses are the common targets of the health system and society. Besides being the leading unit in treating some chronic diseases, Sanofi is at the forefront of the investment trend in digital healthcare transformation. One of the outstanding projects is the "Ask For Better" Q&A with experts series, a cooperative programme between Sanofi with the University Medical Center of Ho Chi Minh City, the Hanoi Medical University Hospital, and Jio Health. This programme has been broadcasted periodically to answer questions from the audiences and improve the knowledge of society on common non-communicable diseases. It attracted over 570.800 views in 2021. This show has been presented on diverse digital platforms with the purpose of increasing the interaction … [Read more...] about Sanofi’s leader sees Vietnam as a promising market for healthcare
Abu Dhabi National Oil Company’s lubricants make its foray into Vietnam
Being UAE’s most valuable brand certified by Brand Finance, the company expressed its intention at a conference to cement its footprint in the Vietnamese market. To facilitate the goal, the company has inked a deal with its local distributor Redachem Vietnam to unveil its ADNOC Voyager lubricant brand in Vietnam, which can be used for passenger cars, motorbikes, trucks, industrial lubricants, marine oils, and special lubricant products. The brand is not only suitable for many types of super-car engines but also safe for users on all roads. According to statistics of the Vietnam Petroleum Association, the country's lubricant industry posted an annual growth rate of 8-10 per cent with the consumption of 90,000 tonnes of lubricants per year. More than half of lubricants are consumed in the southern market, while the rest is consumed in the north and a few in the central region. Ranjan Guha, department manager of International Sales at ADNOC Lubricants Division of ADNOC … [Read more...] about Abu Dhabi National Oil Company’s lubricants make its foray into Vietnam
Vietnam’s growth to rise by 6.5% in 2022: ICAEW
Vietnam has high regional growth prospects, predicted at more than 6.5% in 2022. (Infographic by Oxford Economics) Hanoi (VNS/VNA) - The economic recovery across the South-East Asian region has been uneven and must now contend with rising external headwinds from outside the region. Vietnam is predicted with a high growth prospect in the region, at more than 6.5% in 2022, 0.7% higher than the average growth of 5.8% for the whole region. This was a key finding from the Economic Forecast presented by the experts at the Institute of Chartered Accountants in England and Wales (ICAEW) Economic Insight Forum Q2. Vietnam was able to bounce back relatively quickly in 2021 compared to the rest of the region. With the easing of restrictions from last year’s Q4 that carried over to this year’s Q1, there has been a significant recovery in its services sector driven by domestic tourism. With the current endemic phase, there should be a boost on the international tourism front as … [Read more...] about Vietnam’s growth to rise by 6.5% in 2022: ICAEW
Vietnam, Germany to boost bilateral cooperation
Vietnamese Ambassador to Germany Vu Quang Minh (left) shakes hands with Jochen Flasbarth, State Secretary in the German Federal Ministry for Economic Cooperation and Development on June 23. (Photo: VNA) In a working session with Vietnamese Ambassador to Germany Vu Quang Minh on June 23, the official said that Germany is ready to support Vietnam in building medical centres and facilities. Given the new context of the world and regional economic and political affairs, Germany and Vietnam face many challenges, but also have opportunities to deepen good strategic partnership and create favourable conditions for businesses of the two countries to enhance and expand collaboration, he said. During the meeting, the two sides reviewed the development of cooperation between Germany and Vietnam, including the implementation of Germany's official development assistance (ODA) projects for Vietnam. The German official highlighted the need to simplify procedures relating to the management … [Read more...] about Vietnam, Germany to boost bilateral cooperation
Vietnam refutes rumor that prize-winning environmentalist was jailed for climate-related activities
Vietnamese influential climate activist Nguy Thi Khanh was jailed for tax evasion, the Ministry of Foreign Affairs confirmed on Thursday, refuting the rumor that she was criminally charged for her climate-related activities. Khanh was sentenced to 24 months in prison for tax evasion during her trial at the Hanoi People’s Court on June 17. The investigation and hearing were carried out in line with the law, and the trial was held publicly, spokesperson for the Ministry of Foreign Affairs Le Thi Thu Hang answered the questions from foreign media during a regular press meeting on Thursday. The defendant had all her rights guaranteed in accordance with the law, Hang added. Vietnam is determined to fight and strictly deal with violations of the law in accordance with regulations, the diplomat stressed, adding that all citizens are equal before the law. Khanh was investigated and indicted for her economic offense, particularly breaking the rules on tax management, and she pleaded … [Read more...] about Vietnam refutes rumor that prize-winning environmentalist was jailed for climate-related activities
Vietnam Airlines licensed to operate extended flight range
The Civil Aviation Authority of Vietnam (CAAV) has licensed Vietnam Airlines to operate Extended Diversion Time Operations (EDTOs) aircraft with two engines, reaching 207 minutes for Boeing 787-9 aircraft and 240 minutes for Airbus A350 aircraft. EDTO are any operation by an airplane with two or more turbine engines where the diversion time to an en-route alternate aerodrome is greater than the threshold time established by the State of the Operator, according to a definition by the International Civil Aviation Organization. For example, if an aircraft is rated for EDTO-180, it means that it is able to fly with full load and just one engine for three hours. The higher the EDTO rate of an airline’s aircraft is, the farther the aircraft can fly away from the alternate airport, helping the carrier to arrange a shorter, more direct route, saving time and fuel. Currently, some airlines in the world have been licensed with EDTO of up to 300 minutes. Vietnam Airlines is now … [Read more...] about Vietnam Airlines licensed to operate extended flight range