Vietnam hungary comprehensive partnership

Electric motorbikes manufactured by Vinfast. Many UK businesses are looking into electric mobility industry in Vietnamwhich is expected to grow by double digits in the next few years. (Photo: VNA) Hanoi (VNS/VNA) - Many British investors are seeking investment opportunities in Vietnam in the hope of cashing in on free trade agreements ( FTA s) that Vietnam has signed with the UK and other economies worldwide. The UK-Vietnam Free Trade Agreement (UKVFTA), which officially took effect in May 2021, was one of the first trade deals inked by the UK after it left the European Union by the end of 2020, which reflected the importance of Vietnam in the UK’s trade policy. Bilateral trade and investment between the two economies have grown significantly with a growth rate of 17% last year. Data of the Foreign Investment Agency under the Ministry of Planning and Investment showed as of October 20, 2021, the UK had 439 valid projects amounting to nearly 4 billion USD in registered … [Read more...] about More British investors look at Vietnam to cash in on free trade agreements

Denmark, through strategic sector cooperation (SSC) with Vietnam, helps implement national action plan in agriculture while promoting the engagement of stakeholders in the value chain. Among issues shared at an event held in Hanoi on August 17, Vietnamese officials, experts, and businesses were impressed with the philosophy of “producing more from less” in Denmark’s agri-food sector. Denmark targets the climate-neutral food industry by 2050. Photo: Danish Agriculture and Food Council Troels Jakobsen, Trade Counsellor of the Embassy of Denmark, said Denmark produces three times more food than the Danish population can consume, with some of the lowest greenhouse gas emissions in Europe. The idea was shared at Seminar – Business Matchmaking held in Hanoi on August 17 to discuss Danish experiences and solutions in sustainable agri-food production. Meanwhile, Jeppe Søndergaard Pedersen, International Chief Advisor, the Danish Agriculture and Food Council, … [Read more...] about “Produce more from less”: Danish agricultural philosophy for Vietnam

Since the launch of the EAEU in 2016, bilateral trade turnover has been on a steady rise and reached $630 million in 2021, nearly tripled that of in 2016. Vietnam seeks cooperation with Kazakhstan in revising the Vietnam-Eurasian Economic Union (EAEU) Free Trade Agreement, which comprises Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan) to facilitate bilateral trade and investment cooperation. Prime Minister Pham Minh Chinh and Kazakhstan’s Deputy Prime Minister and Foreign Minister Mukhtar Tileuberdi. Source: VGP Prime Minister Pham Minh Chinh stressed the view during a meeting with Kazakhstan’s Deputy Prime Minister and Foreign Minister Mukhtar Tileuberdi today, as the latter is currently on a visit to Vietnam from August 17-18. According to Chinh, Vietnam prioritizes its long-standing relations with Kazakhstan, welcoming the significance of Mukhtar’s visit at a time when both are celebrating the 30 th anniversary of diplomatic relations … [Read more...] about Vietnam seeks revision of EAEU FTA to boost trade with Kazakhstan

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first seven months of this year, tra fish exports to Mexico grew by 73%, reaching 73.5 million USD and accounting for 4.5% of Vietnam's total turnover. Over 90% of tra fish shipped to the market were frozen fillets. In July alone, the country spent more than 11 million USD on the Vietnamese product, doubling that of the same period last year. Le Hang, Deputy Director of the VASEP Training and Trade Promotion Center, said with the advantage of competitive prices, plus preferential tax benefits under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Vietnamese seafood remains a good choice for Mexican importers. In the first half of this year, 30 Vietnamese seafood enterprises exported tra fish to Mexico. Many processing enterprises in the Mekong Delta localities of Dong Thap, An Giang, Ben Tre, Can Tho and Vinh Long are also increasing their shipments to the … [Read more...] about Mexico becomes bright spot for Vietnam’s tra fish exports

Mr. Vu Van Thang, General Manager for Herbalife Vietnam and Cambodia said: “We’re proud and happy to see the continued expansion of the Casa Herbalife Vietnam Program , which is aligned with our long-term corporate social responsibility agenda and Herbalife Nutrition Foundation’s mission to help needy communities around the globe. Following this launch, we will work closely with the Viet Tri Orphans and Disabled Children Protection Center to help the children under this shelter to access nutritious meals on a daily basis and adopt active lives to grow healthily and reach their full potential.” Ms. Nguyen Thi Nghia, President of Viet Tri Orphans and Disabled Children Protection Center said: “We’re impressed with the valuable support that the Casa Herbalife Vietnam Program has brought to disadvantaged children in Vietnam over the past several years . Therefore , we’re very delighted that this meaningful program has been introduced to Viet Tri Orphans and Disabled … [Read more...] about Herbalife Vietnam Brings Good Nutrition to Needy Children

Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. - Party General Secretary Nguyen Phu Trong has called for work to be accelerated to perfect the Party and political systems, socio-economic management, and the fight against corruption and negative behaviours. Party General Secretary Nguyen Phu Trong speaks at the meeting. (Photo: VNA) Chairing the 22nd meeting of the central steering committee for corruption and behaviour prevention and control in Hanoi on August 17, Trong also requested the submission of regulations regarding power control to the Politburo for approval towards fighting corruption in inspection, supervision, Party discipline enforcement, audit, investigation, prosecution, trial and enforcement of judgments, law-building, use and management of public finances and assets, and press and media activities. Read full story - President Nguyen Xuan Phuc has said that Vietnam wants to cooperate with Israel in … [Read more...] about ☀️ Morning digest on August 18

At the Vietnamese pavilion (Photo: VNA) Moscow (VNA) – The Vietnamese team, along with the 16 other participating teams in the "Army of Culture" competition at Army Games 2022 , set up a national pavilion at the House of Friendship at the Alabino training ground in Moscow, Russia, to introduce the Vietnam People’s Army (VPA) as well as the culture, land and people of Vietnam. The pavilion also displays photos on the traditional relationship and comprehensive strategic partnership between Vietnam and Russia , especially in politics and national defence. The 2022 Army Games, held from August 13-27, gathers 270 teams from 37 countries worldwide. Its competitions are being held in Russia and several countries such as Uzbekistan, Armenia and Belarus. Vietnam also hosts the Games’ competitions in the category of “Emergency Area”./. VNA … [Read more...] about Vietnamese culture introduced at Army Games 2022

Hanoi (VNA) – Plastic People has been the only Vietnamese innovator in the Top 5 of the Plastic Waste to Value Southeast Asia Challenge to tackle plastic waste mismanagement in the region. The challenge was jointly launched by The Incubation Network, in partnership with the Global Plastic Action Partnership, UpLink by the World Economic Forum, and the Alliance to End Plastic Waste, aiming to accelerate innovative solutions that are focused on p lastic recycling and upcycling in Indonesia, the Philippines, Thailand, and Vietnam. The top five innovators will be participating in the tailored development programme over the course of five months. The challenge received a total of 101 applications through the UpLink platform. Of the total, 48 shortlisted candidates were carefully assessed by academic researchers, corporate sustainability practitioners, innovators, and climate and circular economy specialists. The selected innovators will receive partnership building … [Read more...] about Vietnamese start-up enters top five innovators in plastic waste settlement

A store selling OCOP products in Quang Ninh. (Photo: VNA) Hanoi (VNA) – The northern province of Quang Ninh now has more than 500 products developed by 189 companies, cooperatives and production facilities under the “ One Commune , One Product ” (OCOP) programme, local data shows. Of the total, 267 have been rated from three to five stars. Most of OCOP products win preference by customers and have gained a strong foothold in the market, with many now available in foreign countries. The COVID-19 pandemic has seriously disrupted production and supply chains, taking a heavy toll on the health of many OCOP producers, said Hoang Duc Kha, Deputy Director of the Industry and Trade Promotion and Development Centre under the provincial Department of Industry and Trade. He said Quang Ninh will selectively organise and attend trade promotion events in order to stimulate domestic demand post-pandemic and boost sales of OCOP products, reviving local enterprises. Kha highlighted … [Read more...] about Quang Ninh revives OCOP product promotion to boost post-pandemic recovery

The deputy minister was speaking at the seminar "Danish experiences and solutions in sustainable agri-food production" on August 17. Tien underscored Denmark as one of the leading countries in agriculture and sustainable development. Denmark's experiences, he believed, would help Vietnamese firms speed up on the road to high-tech and climate-smart agriculture. Sanne Hoj Andren, Sector Counselor for Agri-Food at the Embassy of Denmark, revealed that strategic sector cooperation (SSC) is a partnership between Danish public authorities and Vietnamese ministries. The two countries have SSC in four areas comprising education, health, food safety and statistics. The overall objective of the food safety SSC is to improve feed quality and food safety in Vietnam's pork value chain. To that end, Danish authorities have been assisting Vietnamese partners in pork origin-tracing, controlling veterinary medicines, controlling food safety in meat processing and capacity building in risk-based … [Read more...] about Danish seminar shares agricultural experience with Vietnamese firms