Solutions

Vietnamese President Nguyen Xuan Phuc (standing) speaks at the forum. (Photo: VNA) Bern (VNA) - Vietnamese President Nguyen Xuan Phuc and his Swiss counterpart Guy Parmelin co-chaired a Vietnam - Switzerland Business Forum in Bern on November 26. Addressing the forum with the attendance of representatives from over 100 businesses of the two countries, the Vietnamese leader called on Swiss businesses to invest in Vietnam and partner with Vietnamese enterprises in areas where Swiss firms have strengths and Vietnam is giving priority to, especially in banking and finance, science and hi-technology, innovation and digital transformation. For his part, President Parmelin highlighted the huge potential for stronger cooperation between the two countries, and the necessity to have new cooperation framework s to encourage Swiss businesses to invest in Vietnam. The interest and commitment of businesses and representatives of the private sector of Switzerland at the forum …

Continue Reading about President co-chairs Vietnam – Switzerland Business Forum →

Demand for industrial, logistics estates at core of enquiries next year: Savills Demand for industrial and logistics estates in addition to ready-built factories and warehouses will continue to be the core of enquiries next year, according to an expert from property consultancy Savills Vietnam. “However, in terms of new trends, data centres and cold storage facilities are in demand and have gained traction in 2020 and 2021,” John Campbell, manager of Industrial Services at Savills Vietnam told the Vietnam Investment Review. “Next year, we expect this to continue, as Vietnam is now on the radar for hyperscale facilities.” Low-value industries are beginning to set up elsewhere in Southeast Asia as Vietnam no longer offers the same incentives, he said, adding that these industries such as textiles and furniture struggle to source affordable labour and land in Vietnam. However, foreign and high value-added investors remain bullish on Vietnam’s long-term growth, …

Continue Reading about VIETNAM BUSINESS NEWS NOVEMBER 23 →

Prime Minister Phạm Minh Chính at the meeting with representatives from ministries and agencies in Hanoi on November 27. VNA Photo HÀ NỘI – It is a must to produce COVID-19 vaccines and treatment drugs domestically, Prime Minister Phạm Minh Chính said at a meeting with representatives from ministries and agencies in Hà Nội on November 27. He regarded the “5K principle”, vaccines, treatment drugs, technologies, public awareness and other solutions as crucial factors to safely and flexibly adapt to and effectively control the pandemic. The “5K principle” was issued by the Ministry of Health, covering khẩu trang (facemask), khử khuẩn (disinfection), khoảng cách (distance), không tụ tập (no gathering), and khai báo y tế (health declaration). PM Chính applauded the Ministry of Health and relevant ministries and agencies, especially scientists, researchers and producers of COVID-19 vaccines and treatment drugs for their efforts over the past time. He called for closer coordination …

Continue Reading about Việt Nam determined to produce COVID-19 vaccines, treatment drugs at home →

Increased awareness The Hanoi Urban Environment Limited Company (URENCO) is cooperating with related departments and sectors to continue implementing a program to recover recyclable waste and batteries, and has received positive support from the public. The program aims to raise awareness and prompt action on waste classification at the source, recycling and reuse of waste, minimizing impacts on the environment and reducing greenhouse gas emissions. According to Nguyen Cong Thinh, Deputy Director of the Science Technology and Environment Department under the Ministry of Construction, waste has long become a top concern not only in Vietnam but also in the world. The classification of waste at the source not only yields economic benefit but also helps reduce emissions and the volumes of waste to be buried. URENCO’s recycling program is held every Saturday morning at locations in four central districts of Hanoi. Unilever Vietnam has also cooperated with VietCycle and Duy …

Continue Reading about Waste not, want not: Increased eco awareness generates recycling push →

At the ceremony to launch a book on history of Vietnam's oil and gas industry. (Photo: VNA) Hanoi (VNA) - The Vietnam Oil and Gas Group (PetroVietnam) organised a series of activities on November 24-25 to celebrate the 60th anniversary of the traditional day of the oil and gas industry (November 27, 1961 - November 27, 2021). An online ceremony to welcome the first flow of oil extracted from BK-18A and BK-19 oil rigs was held by Vietnam-Russia oil and gas joint venture Vietsovpetro on November 24. Other activities include a ceremony to celebrate the completion of production target ahead of schedule, and ceremonies to receive the certificate of the top 500 most profitable enterprises in Vietnam in 2021, announce the PetroVietnam brand name, launch a book on history of Vietnam's oil and gas industry, and a handbook on PetroVietnam culture. Previously, Vietsovpetro officially exploited the first flow of oil extracted from BK-18A oil rigs on November 10 and from BK-19 oil …

Continue Reading about PetroVietnam celebrates 60 years of traditional day →