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London (VNA) – The first 60 tonnes of jasmin rice shipped to the UK under the UK-Vietnam Free Trade Agreement (UKVFTA) hit the shelves in London on January 26. The top-quality fragrant rice was imported by the Long Dan Limited Company in the UK from the Vietnam National Seed Group (Vinaseed), and the rice is now sold at 15.5 GBP (21.28 USD) per kilogramme at the firm's supermarket chain. Since Vietnamese high-quality rice enjoys zero tariff in the UK market under the trade pact, which took effect on December 31, 2021, it will gain competitive edge over rivals, including those from Thailand. According to the Vietnamese trade counsellor in the UK Nguyen Canh Cuong, rice shipments to the European country this year will sharply rise against 2020. He said more UK firms will purchase Vietnamese rice under the UKVFTA, relishing an exciting prospect that Vietnamese rice will expand its market share in the UK this year. In 2019, the UK, the world’s 9th largest rice importer, … [Read more...] about First batch of Vietnamese rice exported to UK under UKVFTA

As such, Hanwha, the seventh largest economic group in South Korea, has taken steps to scale up its business in Vietnam. After pouring money into insurance and investment, the big player from South Korea has jumped into the field of securities with the stronger presence in Pinetree Securities. … [Read more...] about South Korean investors pour big money into Vietnam

According to the Viet Nam Telecommunications Authority, Ministry of Information and Communications, mobile service revenue is still mainly based on traditional types of services, especially voice and SMS, which account for more than 54 per cent. Meanwhile, these services are saturated. … [Read more...] about Operators make more money from digitalisation

“I think the CPV had done a good job over the years. When it gave instructions about what to do when COVID-19 hit, people listened. They stayed at home, wore masks, and didn’t complain. And it has been controlled here so far. I think that’s a result of people’s faith in the party and that it knows what it’s doing,” he said. … [Read more...] about VIETNAM NEWS JANUARY 27

In the fourth quarter of 2020, Navigos Search also observed the quick recovery of recruitment in the IT industry after COVID-19. Enterprises continue to recruit but focus on high-quality personnel with the most up-to-date technologies to increase their products and services' competitiveness. "New entrants" are quickly building their recruitment brands and having good salary and bonus policies to attract qualified personnel. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 27