Speaking at ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA,’ Oliver Todd, British consul general in HCM City, said Vietnam could replace other countries such as India and Indonesia as a major supplier of agricultural and aquaculture products to his country. Todd, who is also director of UK Trade and Investment in Vietnam, said Vietnamese exporters should be well prepared if they want to boost exports to the choosy market. It is important to learn about import demand and standards and requirements for exporting to the British market, he said. Chris Milliken, vice president of the British Chamber of Commerce in Vietnam (BritCham), said there is ample scope to grow bilateral trade thanks to the trade deal. “Vietnam and the UK are not competing against each other in any industry; they commercially complement each other.” He pointed to the FTA as the leading pillar of the joint commitment to deepen bilateral trade, saying it was a mutual agreement to … [Read more...] about Vietnam becomes major supplier of farm produce to UK
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HCMC reviews land fund for construction of worker accommodation, social housing
At the meeting She made the state at a today meeting on the housing development program for the period 2016-2025 with the participation of Chairwoman of the People's Council Nguyen Thi Le and Chairman of the People's Committee Phan Van Mai. Speaking at the meeting, Director of the Department of Construction Tran Hoang Quan said that from 2016 to 2020, the floor area of the city increased by 53.7 million square meters. Self-built houses play the main role with an increase of 38.5 million square meters of floor space while commercial housing accounted for the second largest proportion, reaching 13.98 million square meters of floor and social housing increased by 1.23 million square meters of floor space. Regarding social housing, in the 2016-2020 period, Ho Chi Minh City completed and put into use 19 projects, with 1.23 million square meters of floor space, reaching 69.2 percent of the set target. In the first quarter of 2022, a social housing project has been completed and put … [Read more...] about HCMC reviews land fund for construction of worker accommodation, social housing
Manulife celebrates 23 years operating in Vietnam
Today more than 1.5 million customers put their trust in Manulife Vietnam. Manulife has marked 23 years of investing in Vietnam's economic prosperity and healthier, more resilient people, and the company's anniversary is also an opportunity to reaffirm its commitment to building a more sustainable future for all. Overview of the ceremony. As the first foreign-owned life insurer in the market and part of a leading Canadian-based financial services provider, Manulife Vietnam has been a pioneering force in the local industry’s development. Manulife Vietnam’s customer and transformation focus has helped shape the country’s burgeoning life insurance market. The insurer has also taken an industry-leading role in wider societal needs such as closing the protection gap, responding to growing health demands, and meeting the evolving digital needs of consumers. Today more than 1.5 million customers put their trust in Manulife Vietnam. “Over the years, … [Read more...] about Manulife celebrates 23 years operating in Vietnam
Vietnam oriented toward fish sauce export
At the conference Speaking at a seminar to discuss solutions to boost Vietnam's fish sauce exports this afternoon in Hanoi, the Vietnam Association of Fish Sauce in collaboration with the Vietnam Cuisine Culture Association (VCCA) and Agrotrade under the Ministry of Agriculture and Rural Development held a seminar on ‘Promoting export exporting fish sauce - orientation and solutions’. According to the Vietnam Association of Fish Sauce, exporting fish sauce is the goal of manufacturers and traders in this industry globally. Vietnam is a country favored by nature and has a long experience in fish sauce production. According to the Agrotrade, the country currently has more than 4,200 fish sauce production facilities with an average output of nearly 380 million liters in 2020. In recent years, not only serving domestic consumption needs, Vietnam's fish sauce products are also promoting the application of science and technology and strict standards for ensuring safety and hygiene … [Read more...] about Vietnam oriented toward fish sauce export
Army Academy urged to increase number of studies
General Tan’s request was made during his attendance in a meeting held by the academy’s Party Committee to review the implementation of the Central Military Commission’s Resolution 791 on managing science, technology and environment in the military by 2020 and following years on June 23. Since 2012, the Army Academy has led, directed and implemented the resolution in a serious, close, and creative manner and defined scientific research one of its key tasks. The academy has actively done research, innovated and perfected mechanisms and management processes for scientific, technological and environmental activities according to its capability, potential, needs and real conditions. Attentively, in the 2013-2022 period, the school has completed 11 ministerial-level scientific projects, 27 department-level projects, 172 grassroots-level projects, 25 technical innovation initiatives, among others. The academy’s achievements in scientific, technological and environmental activities … [Read more...] about Army Academy urged to increase number of studies
Superstar midfielder happy with new club in France
"Hai's new destination is a humble club in a small city in France. It was Hai's decision to move here. The salary is not that high but his playing time is guaranteed. Hai is really happy with this choice because he will get to play regularly. It's a small club but Hai feels appreciated there," agent Nguyen Dac Van told VnExpress on Friday. Nguyen Quang Hai takes a photo in France in early June 2022. Photo courtesy of Nguyen Quang Hai Quang Hai, 25, is a contemporary star of Vietnamese football. National coach Park Hang-seo called him the best attacking midfielder in Vietnam. In six professional seasons with Hanoi FC, he played 126 matches, scored 35 goals and won every domestic title including V. League, National Cup, Super Cup and Vietnam Golden Ball in 2018. Hai also played an important role in Vietnam winning second place at the 2018 AFC U23 Championship, the 2018 AFF Cup title, SEA Games 30 and Vietnam's journey to the final round of the 2022 World Cup … [Read more...] about Superstar midfielder happy with new club in France
VinShop set to become Vietnam’s next unicorn
Tokopedia is a combination of Toko (shop) and encyclopedia. It adopts a similar business model as e-commerce giant Alibaba. Tokopedia is a shopping platform where every business can easily arrange and sell its products. As of June 2020, Tokopedia recorded a valuation of up to $7 billion and became the third-largest unicorn in Southeast Asia, trailing behind Grab (Singapore) and GoJek (Indonesia), according to CB Insights. Tokopedia is successful in bringing technologies into grocery stores in Indonesia In 2018, Tokopedia unveiled its ambitious plan to penetrate Indonesia’s economy worth $1 trillion, which is the largest economy in Southeast Asia. It launched Mitra Tokopedia for the owners of warung (a small family-owned business) or outdoor grocery stalls serving their neighbourhoods. Mitra Tokopedia has recorded one million downloads with 2 million warung in the island nation. Mitra Tokopedia not only connects grocery owners with suppliers but also removes … [Read more...] about VinShop set to become Vietnam’s next unicorn
A more connected manufacturing sector through smart applications
The talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR reviewed the trends of digital transformation and automation in Vietnam’s manufacturing sector At the talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR , Seck Yee Chung, member of the Steering Committee of the Vietnam Business Forum's Digital Economy Working Group said, “Companies from different industries have to adapt to new technologies to compete and survive. However, adaptation is not an easy process. I suggest companies can focus on the four As, which include awareness, accessibility, adaptation, and advancement." Chung added, “One of the challenges right now is knowledge. There are so many technologies and so many new exciting opportunities. You see it but where do you start. That is the stage where you are required to assess your needs to see what is critical and who can help you. Small and big companies may struggle to deal … [Read more...] about A more connected manufacturing sector through smart applications
Vietnamese, RoK firms advised to team up for post-pandemic recovery
At the event (Photo: VNA) Seoul (VNA) – Vietnam and the Republic of Korea (RoK) need to beef up cooperation and investment in the post-COVID-19-pandemic period, said Joo Si-bo, president of the RoK-Vietnam economic cooperation association, at a conference in Seoul on June 24. Co-organised by the Vietnam Chamber of Commerce and Industry ( VCCI ) and the Korean Chamber of Commerce and Industry (KCCI), the event promoting Vietnam’s business climate took place as part of activities marking the 30th anniversary of the countries’ diplomatic relations. In his opening speech, Joo Si-bo suggested a series of potential fields for bilateral collaboration such as public healthcare, smart city development, the digital economy, and green industries. VCCI Chairman Pham Tan Cong said over the past 30 years the chamber has actively worked with RoK partners, particularly the KCCI, to hold similar events. During the discussions, representatives of Vietnamese and RoK businesses … [Read more...] about Vietnamese, RoK firms advised to team up for post-pandemic recovery
☀️ Morning digest on June 24
Hanoi, (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. In their messages, the Vietnamese leaders noted with satisfaction that despite numerous challenges, ups and downs in history, the Vietnamese and Cambodian peoples have always stood side by side and supported each other in the struggles for national liberation in the past as well as in each country’s national development at present, which is a priceless asset that the two countries’ leaders and peoples need to continue nurturing. Read full story Read full story Explaining the drug and medical supply shortages in some localities and central-level hospitals, the Ministry of Health (MoH) pointed to the COVID-19 pandemic, whose serious impacts in 2020 and 2021 led to the scarcity of materials for production and surged prices and subsequently made it more difficult to purchase medicine and medical supplies. Read full story Read full story Spokeswoman of the Ministry of Foreign … [Read more...] about ☀️ Morning digest on June 24