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PM urged US businesses to invest in tourism and trade opportunities with Viet Nam after COVID-19

May 18, 2022 by bizhub.vn Leave a Comment

Prime Minister Pham Minh Chinh addressed the conference 'Rediscovering Viet Nam' held in San Francisco on May 17 (US time). — VNA/VNS Photo Prime Minister Pham Minh Chinh on May 17 (local time) attended the US-Viet Nam trade, investment, and tourism promotion conference themed ‘Rediscovering Viet Nam’ in San Francisco. The conference, held by the national carrier Vietnam Airlines and two travel groups – Saigontourist Group and Thien Minh Group – to boost the cooperation between the enterprises of the two countries and to introduce the image of Viet Nam to US friends and partners. Addressing the event, PM Chinh stressed Viet Nam’s consistent foreign policy of independence, self-reliance, diversification, multilateralisation, and commitment to be a good friend, a reliable partner, a responsible member of the international community; and the building of an independent and self-reliant economy associated with active, proactive, extensive international integration with substance and … [Read more...] about PM urged US businesses to invest in tourism and trade opportunities with Viet Nam after COVID-19

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Viet Nam-Laos trade ties growing sustainably

May 17, 2022 by bizhub.vn Leave a Comment

Steel production at Viet-Duc Steel JSC's factory in Vinh Phuc Province. Viet Nam mainly ships iron and steel to Laos. — VNA/VNS Photo Nguyen Trong Lich Since the establishment of bilateral diplomatic ties in 1962, Viet Nam and Laos have promoted cooperation across numerous spheres, with their trade exchange posting substantial growth, benefiting both countries. During the 2016-20 period, the two-way trade saw stable expansion and reached the target of over US$1 billion, but then suffered from the impact of the COVID-19 pandemic and natural disasters. The Asia-Pacific Market Department at the Vietnamese Ministry of Industry and Trade (MoIT) said that the bilateral trade exceeded $1 billion in 2020, down 11.5 per cent year-on-year, of which Viet Nam’s exports were worth $571.7 million, down 18.5 per cent. However, the bilateral trade bounced back since early 2021, surging 33.3 per cent to $1.37 billion for the year, with Viet Nam’s export revenue reaching $594.7 million, a rise … [Read more...] about Viet Nam-Laos trade ties growing sustainably

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IEEFA: Viet Nam’s manufacturing future rests on a credible renewable energy game plan

May 18, 2022 by bizhub.vn Leave a Comment

A wind power project in the northern province of Ninh Thuan. — Photo evn.com.vn The Vietnamese economy’s unparalleled exposure to multinational corporations and the global consumer market calls for a pragmatic alignment between the country’s renewable energy strategy and the decarbonisation commitments of the global brands, according to IEEFA’s latest report on Viet Nam. “Multinational corporations responsible for up to US$150 billion of Viet Nam’s export revenues have made specific pledges on carbon neutrality or decarbonisation of varying scope and timelines,” said Thu Vu, energy finance analyst leading the Vietnamese market coverage for IEEFA. “These brands’ journey toward sustainability progress is one in which Viet Nam can not afford to ignore or miss out on.” Viet Nam is currently the largest exporter of goods in developing Southeast Asia. With nearly 60 per cent of the exports being manufactured goods for the big brands, its growing role in the global supply chain … [Read more...] about IEEFA: Viet Nam’s manufacturing future rests on a credible renewable energy game plan

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Viet Nam Blockchain Association makes debut

May 17, 2022 by bizhub.vn Leave a Comment

Chairman of the Viet Nam Blockchain Association Hoang Van Huay (right) at the debut ceremony on Tuesday. — Photo baodautu.vn The Viet Nam Blockchain Association was launched in the capital city on Tuesday, the first official legal entity specialising in the field of blockchain technology. The association will gather blockchain research and application enthusiasts throughout Viet Nam. It aims to promote the nation's digital economy in other to mark Viet Nam’s position on the world technology map. Among the association's tasks include expanding relationships with blockchain organisations and communities around the world and creating favourable condition for members to share experiences and resources to research, test, apply, deploy and trade blockchain technology in accordance with Vietnamese law. Attracting investment for the operation of the blockchain industry and focusing on training and developing digital human resources are other ones. The Viet Nam Blockchain Association … [Read more...] about Viet Nam Blockchain Association makes debut

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Vietravel Airlines signs a co-operation agreement with the Viet Nam Golf Tourism Association

May 17, 2022 by bizhub.vn Leave a Comment

Vietravel Airlines has just signed a co-operation agreement with the Viet Nam Golf Tourism Association. — Photo nld.com.vn The Viet Nam Travel Aviation Company Limited (Vietravel Airlines) has signed a cooperation agreement with the Viet Nam Golf Tourism Association to officially participate in the network of providing tickets for more than 100,000 members of the association nationwide. Different from traditional tourism, golf tourism is a type of sports tourism that combines golf activities, exploration and relaxation. Guests participating in golf tourism are high-income people. Therefore, the cooperation with the Viet Nam Golf Tourism Association proves the service quality and transport capacity of Vietravel Airlines. In Viet Nam, golf tourism is an area with great potential when the golf economy is in a boom period. According to the Viet Nam Golf Association, the number of domestic golfers is 100,000 people and the number of regular players (at least twice a month) is … [Read more...] about Vietravel Airlines signs a co-operation agreement with the Viet Nam Golf Tourism Association

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Taste of Australia 2022 aims to strengthen Viet Nam – Australia relationship

May 18, 2022 by bizhub.vn Leave a Comment

Shannon Leahy – Trade Commissioner, Austrade and Nguyen Thi Thanh Thuy – General Director of BRG Retail. — Photo courtesy of Austrade The Taste of Australia 2022 is being held to showcase the best of Australian food, building on Australia's international reputation as a high-quality, safe, and sustainable supplier of food and beverages. The event aims to celebrate a strengthening bilateral relationship, flourishing trade and equally vibrant culinary cultures. This year's programme kicked off with a launch in HCM City on April 20. It will run through the month of June with a range of official events run by the Australian Embassy in Ha Noi, the Australian Consulate-General in HCM City and the Australia Trade and Investment Commission (Austrade). Taste of Australia 2022 has partnered with up to 40 of the best restaurants and prestigious chefs from diverse culinary cultures in both Ha Noi and HCM City to highlight the versatility and first-class quality of true Australian produce … [Read more...] about Taste of Australia 2022 aims to strengthen Viet Nam – Australia relationship

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Audi Viet Nam recalls Q5 cars to install protectors

May 16, 2022 by bizhub.vn Leave a Comment

Audi Q5. — Photo 24h.com.vn Audi Viet Nam has just confirmed that the number of Audi Q5 cars sold in the Vietnamese market that are subject to a recall to install protectors is 726. The number of vehicles in the company's warehouse is 122 units. In the process of continuously researching and monitoring product quality, AUDI AG, a German company specialising in the production of luxury cars, has discovered on a number of Audi Q5 cars produced in a specific time, the information control box can be damaged by moisture penetrating under the back seat. For the sake of maximum safety for customers using vehicles, AUDI AG requires all official importers to check the list of related and recalled vehicles for inspection. Audi Viet Nam decided to recall all potentially affected Audi cars manufactured from 2017 to 2022 that are imported and officially distributed in the Vietnamese market for inspection and replacement. The recall programme will take place from now until May 9, 2025, … [Read more...] about Audi Viet Nam recalls Q5 cars to install protectors

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Viet Nam Blockchain Summit 2022 to take place in July

May 18, 2022 by bizhub.vn Leave a Comment

The Viet Nam Blockchain Summit 2022 will take place on July 21-22. — Photo ndh.vn The Viet Nam Blockchain Summit 2022 will take place at the National Conference Centre of Viet Nam in Ha Noi 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 Viet Nam 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 Viet Nam, and at the same time making an impression on the country’s blockchain development, creating a destination for investors, developers in the region and … [Read more...] about Viet Nam Blockchain Summit 2022 to take place in July

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Cooperation in planning, investment helps boost Laos-Viet Nam ties: Lao minister

May 15, 2022 by bizhub.vn Leave a Comment

Wood chips loaded at Vung Anh Port in the central province of Ha Tinh. — Photo haiquanonline.com.vn Results of cooperation between the Ministries of Planning and Investment, as well as the Cooperation Committees of Laos and Viet Nam in recent years have made important contributions to the development of the two countries’ relations, Lao Minister of Planning and Investment Khamjane Vongxa said on Friday. In an interview granted to the media of both countries, Minister Khamjane stated that 2022 is a year of great historical significance when the Lao Party, army and people are co-ordinating with the Vietnamese side in carrying out many practical activities to celebrate the Laos-Viet Nam Friendship and Solidarity Year marking 60 years of the establishment of diplomatic relations and 45 years of the signing of the Treaty on Amity and Co-operation between the two countries. In 2021, despite complicated developments in the regional and world situations, the bilateral great friendship, … [Read more...] about Cooperation in planning, investment helps boost Laos-Viet Nam ties: Lao minister

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Viet Nam promotes solutions to improve national credit rating

May 12, 2022 by bizhub.vn Leave a Comment

Truong Hung Long, director of the Department of Debt Management and External Finance under the Ministry of Finance. Improving the national credit rating is implemented with a long-term vision to reduce the cost of capital mobilisation, enhance the country's reputation, and meet the needs of socio-economic development in the future. Truong Hung Long, director of the Department of Debt Management and External Finance under the Ministry of Finance, spoke with Vietnam News Agency about the issues. The Prime Minister has just approved a project to improve the national credit rating by 2030. The Department of Debt Management and External Finance is assigned to develop and implement the project. What will the department do to fulfil this task? The Government issued Decision 304/QD-TTg on February 6, 2013 to approve a project on improving the national credit rating. That created favourable conditions for the Government in accessing the international capital market. It is also a way … [Read more...] about Viet Nam promotes solutions to improve national credit rating

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