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A delegation of Danish firms in agriculture and food sector is paying a visit to Hanoi & Ho Chi Minh City from August 16-19 to exchange opportunities for cooperation with their Vietnamese potential partners. The delegation comprises 13 companies who are leading in Solutions for Livestock & Food Production, Food Processing Technologies, Ingredients and Climate Control Solutions. The main purpose of the delegation is to share experiences and introduce world leading and well-proven Danish solutions in agri-food production and to look for opportunities to cooperate with Vietnamese agri-food companies. Speaking at a seminar themed 'Danish experiences and solutions in sustainable agri-food production' held on August 19 in Hanoi, Trade Counsellor of the Embassy of Denmark, Troels Jakobsen, said that Danish agri-food industry for many years had continuously invested in new production equipment and solutions that boost production yield and improve product quality but at the same … [Read more...] about Denmark and Vietnam strengthen co-operation in the agri-food sector

Recognition to sustainable development mission Unilever Vietnam believes that sustainability drives the superior performance. Therefore, since the first days in Vietnam from 1995 until now, the company has constantly integrated sustainable development into all business strategies and activities through protecting the environment, improving people’s health and living conditions. This makes Unilever Vietnam become one of the businesses recognized at the “Corporate Sustainability Awards” by Nhip Cau Dau Tu Magazine. The awards aim to honor businesses who proactively implement sustainable development strategies, commit to green growth and deliver corporate social responsibilities to the community. Unilever Vietnam receives the Corporate Sustainability Awards Unilever Vietnam pioneers in several environmental initiatives to tackle plastic waste and climate change issues. Unilever, cooperating with the Ministry of Natural Resources and Environment, has built and led … [Read more...] about Unilever Vietnam receives two prestige awards

The move is aimed at ensuring the country's long-term self-sufficiency in oil and oil products. Vietnam National Oil and Gas Group (PVN) is planning to build an oil refinery complex worth up to US$19 billion in the southern province of Ba Ria – Vung Tau. The Nghi Son Oil Refinery plant in Thanh Hoa Province, North Central Coast of Vietnam. File photo In a proposal submitted to the Government, the PVN expected the investment would be conducted in phases, of which around 70% of the capital would be allocated for the first phase. According to the PVN, Vietnam's domestic market is set to face a shortage of 19.5 million tons of petroleum products every year by 2030, and the figure could rise to 49 million tons by 2045. At present, the domestic consumption of petrol products is estimated at 18 million tons per year. PVN forecasts the demand to continue rising to 25 million tons by 2025, and 33 million tons by 2030. However, the combined production capacity of … [Read more...] about PVN plans to build US$19-billion oil refinery-storage complex

All rated Vietnamese scientists are working at universities, including Vietnam National University and Ton Duc Thang University. A group of 11 Vietnamese scientists was rated by Research.com, the number one research portal for scientists, in six fields namely Engineering and Technology, Computer Science, Environmental Science, Materials Science, Mechanical and Aerospace Engineering, and Medicine. The ranking is based on D-index (Discipline H-index) which includes papers and citation values for an examined discipline in contrast to General H-index accounting for publications across all disciplines. The ranking covers 24 fields of research contributed by more than 166,000 selected scientists worldwide. Nine Vietnamese scientists named for their influential research: From left above: Nguyen Van Tuan, Nguyen Thoi Trung, Tu Binh Minh, Nguyen Dinh Duc, Nguyen Van Hieu, Le Hoang Son, Pham Hung Viet, Nguyen Xuan Hung, and Thai Hoang Chien. Rated … [Read more...] about 11 Vietnamese scientists named for world research

Travel businesses and  banks sign loan contracts with a preferential interest rate. The event attracted 18 banks and more than 100 tourist companies that discussed about policies for supporting businesses affected by Covid-19. It was a chance for banks to join hands with the municipal government to implement recovery solutions to resume economic, tourism, and service activities under guidance on "Safe adaptation, flexibility, and effective control of the Covid-19 pandemic”. Deputy Director of the HCMC Department of Tourism Bui Thi Ngoc Hieu said that after five months of the reopening of tourism in the new normal state, the country’s tourism has gained important achievements. However, the sector is still facing difficulties in approaching loan capital, especially travel firms. The Tourism Department of HCMC has proposed commercial banks consider flexible and diversified loaning mechanisms, unsecured loans based on tourism businesses’ efficient operations; cooperation for … [Read more...] about Pandemic-hit travel firms enjoy loans with preferential interest rates

The People's Court of Binh Thuan Province gives sentences to nine accused related to the largest petroleum smuggling case in Binh Thuan Province. (Photo: SGGP) After five days of trial, the People's Court of Binh Thuan Province, on the afternoon of August 19, gave sentences to nine accused related to the largest petroleum smuggling case in Binh Thuan Province, with a total value of more than VND2.03 trillion from Singapore to Vietnam. Of these, the accused Luyen Xuan Trang, 49, a resident in Hung Yen Province, considered the leader of the largest petroleum smuggling ring in Binh Thuan Province, worth more than VND2.03 trillion, was given a 14-year jail sentence for smuggling. Eight other people were sentenced for consuming property acquired through the commission of the crime by other persons, including Trinh Dinh Thanh with five years in prison, and Tran Van Son with two years in prison. The accused Nguyen Thanh Trang, Le Hong Son, and Do Minh Thu received three years of … [Read more...] about Leader of petroleum smuggling ring receives 14-year jail sentence

Deputy Minister of Industry and Trade Do Thang Hai speaks at the event. (Photo: VNA) Ninh Thuan (VNA) – Industry and trade officials of 15 provinces and centrally-run cities in the central and Central Highlands region met in Phan Rang-Thap Chap city in Ninh Thuan province on August 19 to discuss measures to enhance cooperation to complete their tasks in the rest of the year. Participants highlighted a number of difficulties they are facing, and made a number of requests to the Ministry of Industry and Trade, including those related to industrial clusters, supporting industries, industrial explosives, industrial promotion, minerals, chemical environment, food safety, trade, and energy. Addressing the event, Deputy Minister of Industry and Trade Do Thang Hai affirmed that the ministry will give maximum support to localities in dealing with their difficulties. He asked the localities to promptly roll out measures to facilitate industry and trade production. He advised … [Read more...] about Central, Central Highlands localities strengthen industry-trade cooperation

It is the fourth year in a row that Unilever Vietnam has received HR Asia Awards Focusing on people development With a survey on 46,270 employees from 622 businesses in Vietnam, the award is a meaningful gift for the relentless efforts of all Unilever employees over the past year. Moreover, the award reasserts Unilever's leading position in attracting and developing talent while building an agile, dynamic, friendly, and professional working environment. Unilever takes pride in maintaining its employee engagement metrics even during the difficult time of the pandemic. Trinh Mai Phuong, head of Human Resources at Unilever Vietnam said, “We have committed to developing a generation of young Vietnamese leaders with a vision towards sustainable, future-fit development. Going through a difficult time due to the pandemic, we have realised that people are the most valuable asset of the business. Therefore, we will always focus on personal development with equity and agility, … [Read more...] about Unilever among Best Companies to Work for in Asia

At present, leaders of Vietnam Posts and Telecommunications Group (VNPT), the top provider of telecommunications services and digital solutions in Vietnam, are attempting to shelter from the storm of semiconductor chip shortfall and the ongoing negative pandemic impacts. MobiFone knows that just sticking to traditional business strategies will not cut it going forward, Le Toan General director Huynh Quang Liem explained that while COVID-19’s direct impact on the group’s performance has not been as serious as in 2021, many of its business activities still face difficulties that will possibly affect the company’s revenue and profit targets for 2022 as a whole. Together with interruptions in the global supply chains, shortages of semiconductor chips, and a rise in input material prices, service fees have fallen, which are also affecting business results for VNPT. The group reported that its consolidated profit rose 17 per cent on-year in the first six months of 2022, … [Read more...] about Vietnamese telecoms giants grappling with chip shortfall

Earlier this year, renowned Vietnamese animation studio Sconnect was the target of a lawsuit by US-based Entertainment One (EO), in which Sconnect’s Wolfoo franchise was sued for allegedly breaching EO’s Peppa Pig character set. Prior to the lawsuit, Wolfoo, a popular multi-language YouTube series based on a family of wolves, gained Sconnect international recognition along with a burgeoning merchandise business. Copyright cases rise in face of integration, illustration photo/ freepik.com The Court of Moscow in Russia on August 3 officially terminated the civil proceedings of the lawsuit, affirming that no breach of intellectual property rights has been linked to Sconnect’s Wolfoo character set against EO’s Peppa Pig character. However, the quickly-resolved lawsuit has nevertheless caused negative impacts on Sconnect’s reputation and business activities in the content creation industry. Talking with VIR, Sconnect’s head of Legal Pham Van Anh shared that the company had … [Read more...] about Copyright cases rise in face of integration