Rosoboronexport viet nam

Vifoco Import-Export JSC's workers process fresh lychee. Developing processing sector is a key solution to raise product value, thus increasing export earnings.— VNA/VNS Photo Vu Sinh The agriculture sector is forecast to earn US$41 billion from exports this year, according to Vu Ba Phu, head of the Viet Nam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT). To achieve this goal, developing processing is key to raising product value to increase export earnings, which is also in line with the Government’s goal of entering the top 15 countries with advanced agriculture, and top 10 with modern farm produce processing industry. Efforts to modernise and further promote technology application in post-harvest processing have resulted in an increase of between 5-7 per cent in the agriculture sector’s annual added value, pushing the average export turnover up by 8-10 per cent per year. Nguyen Thanh Tuan, deputy director of the Department of Industry and Trade in … [Read more...] about Viet Nam targets $41b agriculture export in 2021

Paralympics Despite injury, powerlifter Lê Văn Công still hopes to defend his title at the Tokyo Paralympics. Photo paralympic.org.vn HÀ NỘI — Việt Nam will send an 11-strong contingent to the Tokyo Paralympics this summer. The athletes include three who will compete in track-and-field, four in swimming and three in powerlifting. The Paralympians are currently in intensive training in HCM City and Đà Nẵng. They are expected to have both shots of the COVID-19 vaccine 10 days before leaving for Tokyo on August 18. They must have PCR tests with negative results within 72 hours upon their arrival. According to the deputy head of Việt Nam Sports Administration (VSA) Nguyễn Hồng Minh, no specific targets have been set for the athletes. "There have been no international training camps and competition for athletes in the last two years. Our athletes are aged (from 35 to 40) and one of them is still in injury treatment so their performance would not be as good as it … [Read more...] about Viet Nam to send 11 athletes to Tokyo Paralympics

Vietnamese lychees put on sale in France. — VNA/VNS Photo Trade in goods between Viet Nam and the European Union (EU) has seen positive growth since the beginning of 2021, despite the impact of the COVID-19 pandemic. According to statistics of the General Department of Customs, Viet Nam exported US$16.1 billion worth of goods to the EU during January-May, while importing commodities worth $6.7 billion from the bloc, up 20.1 per cent and 16.8 per cent compared to the same period last year, respectively. The EU is currently Viet Nam’s fifth largest trade partner and second biggest importer of Vietnamese goods, following the US. Last year, two-way trade reached $49.8 billion, down 0.1 per cent year-on-year, and accounting for 9.13 per cent of Viet Nam's total foreign trade. With the EU-Viet Nam Free Trade Agreement, Viet Nam’s exports to the bloc bounced back since the end of 2020, said Tran Thanh Hai, deputy head of the Ministry of Industry and Trade’s Import-Export Department. … [Read more...] about Viet Nam’s exports to EU surge amid COVID-19

A picture of the Proptech eco-system in Viet Nam before the pandemic. Proptech is forecast to emulate the growth of fintech. — Photo Courtesy idautu.com As technology develops and demand keeps increasing in the property sector, proptech will develop in a similar way to fintech, experts have said. Proptech, or property technology, has developed strongly in Viet Nam with many start-ups being launched and attracting investment from major players and many services being developed to meet market demand. An expert from Savill Vietnam said there are certain reasons for the market’s rise: the country’s huge population, the problems it faces, which could be resolved by proptech, and Vietnamese people’s ability to use technology. Hoang Duc Trung, a partner at VinaCapital Ventures, told Viet Nam News: “We believe proptech will develop in a similar way to fintech, that is, mostly based on how technology stacks are developed and evolve to resolve structural pain points and inefficiencies … [Read more...] about Proptech set for strong growth in Viet Nam

Fairfield by Marriott South Binh Duong locates in the Singapore Industrial Park (Vsip) – one of the largest business parks in the province that houses almost 70 international factories — Photos courtesy of Fairfield by Marriott Fairfield by Marriott has celebrated the brand’s entry into Viet Nam by opening the Fairfield by Marriott South Binh Duong in the southern province of Binh Duong. Part of Marriott Bonvoy’s portfolio of 30 brands, the 181-room hotel is poised to become the destination of choice for travellers in the south. “The opening of Fairfield by Marriott South Binh Duong marks the entry of Marriott Bonvoy’s fifth brand into the fast-growing Viet Nam – a testament to our focus on bringing a diversified portfolio for different types of travellers. We look forward to expanding our portfolio further across Viet Nam in order to offer more options for travellers,” said Rajeev Menon, President, Asia Pacific (excluding China), Marriott International. Located in the … [Read more...] about Fairfield by Marriott celebrates brands debut in Viet Nam