The most important fish in the sea

Bamboo Airways and Petrolimex’s subsidiaries sign MoU      Bamboo Airways Company Limited, a member of FLC Group, signed a memorandum of understanding (MoU) for co-operation with the Petrolimex Insurance Company (PJICO) and Petrolimex Aviation Fuel Joint Stock Company. The MoU was signed last week in the central province of Thanh Hoa. Under the terms, Bamboo Airways would give priority to use non-life insurance products of PJICO such as airplane insurance, airline liability insurance, machinery insurance and others as well as aviation fuel of Petrolimex. Meanwhile, the two subsidiaries of Petrolimex would give priorities to use airlines services of Bamboo. Speaking at the signing ceremony, Pham Van Thanh, Petrolimex’s chairman, said Petrolimex has been a member of the Joint Inspection Group (JIG), the world-leading organisation for the development of aviation fuel supply standards. "We committed to provide preferential to Bamboo Airways in its earlier … [Read more...] about BUSINESS NEWS IN BRIEF 23/11

The upcoming Vietnam Digital Economy Forum (VDEF) 2018 will include special sessions which focus on Vietnam’s digital economic perspectives, featuring local and international keynote speakers. The VDEF 2018, whose theme is “Challenges and strategic solutions for small- and medium-sized enterprises (SMEs) in the Fourth Industrial Revolution,” will take place on Thursday, November 1, at the Rex Hotel in District 1, HCMC. The forum is co-sponsored by the Association of Vietnam Scientists and Experts, and Quang Trung Software City, as well as by the HCMC People’s Committee. Some 20 policy makers and leading experts at home and abroad from the digital economy industry, together with 500 guests from ministries, organizations and enterprises, are expected to join this event. The Fourth Industrial Revolution has been impacting the structures that make up the foundations of the global economy and society. Every day, millions of people benefit from innovative products and … [Read more...] about BUSINESS NEWS IN BRIEF 1/11

Vietnamese food introduced in Hong Kong Visitors to the seventh Hong Kong Food Carnival, which is underway in Kwai Tsing district, Hong Kong (China), have shown interest in Vietnamese food. Products such as dried rice vermicelli, fish sauce, cashew nuts, dried longan and coffee have been introduced by Hanoi Trade Corporation (Hapro) and Hello-5 JSC.  Of note, King Cashew Nut Ltd., Co. which represents Hapro in Hong Kong, has worked with the Vietnamese association in Hong Kong to open a booth featuring Vietnamese dishes at the event.   Apart from Vietnam, the Southeast Asia section within the carnival also includes booths set up by Thailand and Malaysia.  During the carnival, from October 27 to November 4, participating countries and territories are also putting on traditional art performances.  Previously a biennially event, from this year on the Hong Kong Food Carnival will be held annually due to its increasing popularity. SCG's Q3 revenue in Vietnam up 18% … [Read more...] about BUSINESS NEWS IN BRIEF 31/10

Vietnamese nation, people, economic potential introduced in Uruguay Vietnamese Ambassador to Argentina and Uruguay Dang Xuan Dung talks to students from the Catholic University of Uruguay  Vietnamese Ambassador to Argentina and Uruguay Dang Xuan Dung has introduced the nation, people and integration process of Vietnam as well as the Vietnam-Uruguay relations to students from the Catholic University of Uruguay on the occasion of the 25th anniversary of the diplomatic relations between the two countries. Ambassador Dung said that Vietnam, overcoming devastating wars, has been on the way of development with many promising areas. He also highlighted famous landscapes of Vietnam as well as friendly and hospitable people. He noted that Vietnam has pursued the “doi moi” (reform) cause since 1986. After over 30 years, the country has recorded many important achievements with stable economic growth, improved people’s living conditions and enhanced position in the world … [Read more...] about Government News 24/10