Vietnamese and Polish businesses exchange cooperation opportunities at a networking event on Thursday in HCM City. — VNA/VNS Photo Viet Nam appreciates Poland’s continued support in pushing for the EU’s early ratification of the EU-Viet Nam Investment Protection Agreement (EVIPA) and removal of the EC’s “yellow card” warning against Viet Nam’s fishing industry. Speaking at a networking event on Thursday, Nguyen Huu Nam, deputy director of the Viet Nam Chamber of Commerce and Industry (VCCI) in HCM City, said these developments would help expand Viet Nam-Poland trade and investment relations. The European Parliament (EP) recently passed a report on its Indo-Pacific strategy in the area of trade and investment, stressing the importance of the EU’s free trade agreements with partners in the region. The report called on EU members to ratify the EVIPA so that it can take effect early and create optimal conditions for promoting the EU’s investment in the region and Viet Nam. … [Read more...] about Viet Nam, Poland to expand trade and investment ties
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Bitexco develops international school in Ha Noi
Bitexco Group’s Chairman Vu Quang Hoi and Representative of The Dwight Schools, Chancellor Stephen Spahn, signed an agreement to establish the international Dwight School Hanoi. Photo: Bitexco Group Bitexco, one of the leading multidisciplinary economic groups in Viet Nam, with a history of 37 years operating in the fields of real estate, hydropower, construction, financial investment, mining, oil and gas, has expanded its activities to education. On August 11, the Bitexco Group and The Dwight Schools, a leading global network of International Baccalaureate (IB) World Schools, officially formed a partnership to establish the international Dwight School Hanoi, which the group says will realise its ambition to enhance the quality of education and educate the future generation of Viet Nam. The future school will combine the 150-year legacy of excellence from Dwight, a pioneer in the International Baccalaureate program, to deliver the most advanced co-educational program from … [Read more...] about Bitexco develops international school in Ha Noi
Shares finish week higher on the back of steel, securities sectors
A worker checks products at a storage facility of Hoa Phat Group (HPG). The company's shares surged 2.4 per cent on Friday. — Photo hoaphat.com.vn Vietnamese shares finished the week higher, ending several days of sell-offs with a rebound fuelled by securities and steel stocks. On the Ho Chi Minh Stock Exchange, the VN-Index rose 0.82 per cent to close at 1,262.33 points. The VN-Index had lost 0.54 per cent in the last two days. More than 541.7 million shares worth VND13 trillion (US$555.7 million) were traded on the southern exchange. The market's breadth was positive with 273 stocks climbing, of which eight hit ceiling prices, while 166 declined. The VN30-Index, which tracks the 30 biggest stocks on HoSE, jumped 0.68 per cent, to 1,280.96 points. In the VN-30 index, gainers included Asia Commercial Bank (ACB), FPT Corporation (FPT), PetroVietnam Gas JSC (GAS), HDBank (HDB), Hoa Phat Group (HPG), Military Bank (MBB), Masan Group (MSN), Mobile World Group (MWG), … [Read more...] about Shares finish week higher on the back of steel, securities sectors
Going green gives businesses a competitive advantage
Delegates discuss issues related to sustainable development at the ‘Good for Business, Good for Planet’ seminar held in HCM City on Wednesday. — VNS Photo Shifting to green growth would help businesses increase their competitiveness and catch up with trends in the domestic and foreign markets, delegates told a seminar in HCM City on Wednesday. As one of the world's most vulnerable countries to climate change, Viet Nam has made multi-dimensional efforts to drive the whole nation towards its collective goal of reaching net zero greenhouse gasses emissions targets, achieving sustainable development, and contributing to tackle the global climate change crisis, they said. Speaking at the ‘Good for Business, Good for Planet’ seminar held by Nhip Cau Dau Tu magazine, Tim Evans, CEO of HSBC Vietnam, said, “The green journey that Viet Nam has embarked on is bringing both opportunities and challenges. Those businesses who get onboard early can capture major opportunities and build a … [Read more...] about Going green gives businesses a competitive advantage
Hanwha Life Vietnam wins ‘Best Companies to Work for in Asia 2022’ Award
Representative of Hanwha Life Vietnam received the “Best companies to work for in Asia 2022” Award at a ceremony on August 11. — Photo courtesy of the company Hanwha Life Vietnam was honoured as one of the “Best companies to work for in Asia 2022,” the most prestigious regional award in human resources by HR Asia Magazine at a ceremony on August 11. The international award recognised Hanwha Life’s persistent efforts over the past decade in Viet Nam to build the best working environment for employee engagement based on "self-motivation, civilisation and integration." Joining the prestigious award for the first time, Hanwha Life has surpassed many other players in the sector to secure impressive high scores. The survey results show that the company’s average scores in all three categories are higher than in the industry. Among them, Core (corporate culture and personnel structure) reached 4.41 compared to the industry average of 3.71; Self (emotions and thoughts of each … [Read more...] about Hanwha Life Vietnam wins ‘Best Companies to Work for in Asia 2022’ Award
Dak Lak lays out fruit buffet for domesticated elephants on World Elephant Day
Elephants enjoy a "buffet" of fruit and vegetables marked its World Elephant Day. World Elephant Day, observed on August 12, was created with the main objective of preserving and protecting this animal and seeking solutions to the problem of human-elephant conflict. A project on elephant preservation in Dak Lak, Dong Nai and Nghe An was approved by the Government in 2006. Recently, in Decision No. 413/QD-TTg dated March 31, 2022, the Prime Minister agreed with the project’s adjustment. Under the decision, the elephant conservation plan will be implemented until the end of 2025. Deputy Director General of the Vietnam Administration of Forestry (VNFOREST), Tran Quang Bao said that the country has successfully implemented tasks to manage human-elephant conflicts between elephants and people which often happened in 2009-2012. A wide range of solutions was carried out to prevent and mitigate human-elephant conflicts in the 2010-2020 period, but the self-healing ability and … [Read more...] about Dak Lak lays out fruit buffet for domesticated elephants on World Elephant Day
PM urges favorable environment for businesses
A strong business community will build an independent and highly resilient economy. Localities are expected to further create a favorable environment for business operation, especially in simplifying administrative formalities and avoiding petty corruption. Prime Minister Pham Minh Chinh at the conference. Photos: Nhat Bac Prime Minister Pham Minh Chinh stressed the view during a conference between the Government’s leader and business community on August 11, which drew the participation of 1,200 delegates from a business association and local companies. According to Chinh, more than two years since the outbreak of the Covid-19 pandemic, Vietnam has now put the situation under control and maintained positive growth. Vietnam’s GDP during the six months expanded by 6.42%, higher than the 5.74% rate in the same period last year, and equivalent to the growth rate recorded in the pre-pandemic period 2016-2019 (6.38%). In addition, Chinh also pointed out high … [Read more...] about PM urges favorable environment for businesses
Man arrested for smuggling 10 kilos of meth for $6,400
Bien Van Truong, 35, was caught at around 8 p.m. on Wednesday by Ha Tinh border guards as he was trying to flee from a taxi passing through Vu Quang District. Officers found a black plastic bag inside the car containing 10 kilograms of meth, worth around VND500 million. Truong said the drugs were from Laos and that he was hired by a stranger to hide the bag in Cam Xuyen District before delivering it to Binh Duong Province that borders HCMC for VND150 million. Vietnam has been identified by security agencies as a key trafficking hub for narcotics despite having some of the world's toughest drug laws. Those convicted of possessing or smuggling more than 600 grams of heroin or more than 2.5 kilograms of meth face the death penalty. … [Read more...] about Man arrested for smuggling 10 kilos of meth for $6,400