Trade in goods between Vietnam and the UK has grown rapidly According to the Ministry of Industry and Trade, two-way trade between the UK and Vietnam reached US$6.6 billion in 2021, an increase of 17.2 percent compared to 2020. The expected recovery of the British economy from the pandemic and growing consumer demand in the UK will offer more opportunities for Vietnam’s exports in the years to come. The UK is currently Vietnam’s third largest trading partner in Europe after Germany and the Netherlands. The UK and Vietnam established a strategic partnership in 2010. The signing of the trade deal was of great significance, preventing an interruption of bilateral trade at the end of the Brexit transition period on December 31, 2020 and promoting post-pandemic economic recovery. In addition, the contents of the UKVFTA are similar to those of the EU-Vietnam Free Trade Agreement (EVFTA), shortening negotiations. Embracing globalization has been one of Vietnam’s core strategies to … [Read more...] about UK deal offers gateways to regional trade
Weak lungs and how to make them strong
Vietnam welcomes two-state solution for Israel-Palestine conflict
Ambassador Nguyen Phuong Nga, Permanent Representative of Vietnam to the UN said, Vietnam backed continued efforts of the League of Arab States to re-launch serious peace negotiations based on a two-state solution. Addressing the UN Security Council Open Debate on July 25, themed “The situation in the Middle East, including the Palestinian question”, the diplomat said together with the international community, Vietnam is deeply concerned about the serious developments in the region, especially the recent escalating tensions and violent clashes in and around the Old City of Jerusalem. She stressed that Vietnam strongly condemns all acts of violence that have caused the vast loss of lives, disruption of culture and livelihoods of civilians, and posed a serious threat to regional and international peace and security. “It is essential for all parties to exercise self-restraint, strictly comply with the UN Charter and international law, including the international humanitarian and … [Read more...] about Vietnam welcomes two-state solution for Israel-Palestine conflict
NovaGroup awarded Best Workplace in Asia 2022 by HR Asia Magazine
The Best Companies to Work for in Asia Award is a prestigious international award presented annually by HR Asia to honour businesses with outstanding human resource policies, attractive remuneration, leading culture and working environment, and regularly organised internal activities to connect employees. To achieve this prestigious Asia's Best Place to Work award, businesses need to go through three rounds of surveys with rigorous evaluation criteria, proving that it has created a highly cohesive working environment. At the same time, the businesses must be evaluated by their own employees as one of the businesses with the best working environment in Asia and one of Asia's selected excellent employers. HR Asia’s representative presented the award to Nguyen Bach Kim Vy, deputy CEO of NovaGroup Operations At the award ceremony, Nguyen Bach Kim Vy, deputy CEO of NovaGroup Operations said that the award contributes to asserting the correct and effective HR strategy … [Read more...] about NovaGroup awarded Best Workplace in Asia 2022 by HR Asia Magazine
Saigon traffic descends into chaos after year’s heaviest downpour
It began to rain around 3 p.m., and roads in several districts were inundated soon after. The heavy rain knocked open a manhole cover at the intersection of Tran Hung Dao and Huynh Minh Dat streets in District 5, causing floodwaters to form a whirlpool . A motorcyclist who inadvertently drove through the flooded manhole was knocked over but people in the area rushed to help. Thu Phuong, a 56-year-old woman selling refreshments near the intersection, said it wasn’t the first time that the manhole had been lifted up by heavy rain. "Many people from the drainage company have come to fix it. However, it still gets pushed open by the force of water pressure and becomes extremely dangerous for people driving by," she said. Pedestrians cross a flooded section of Bui Vien Street in District 1. Cars turned on their headlights after it became dark and visibility became poor. … [Read more...] about Saigon traffic descends into chaos after year’s heaviest downpour
☕ Afternoon briefing on August 15
Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 15. – President Nguyen Xuan Phuc offered incense to President Ho Chi Minh at the late leader’s temple at Ba Vi Mountain in the outskirt of Hanoi on August 14, on the occasion of President Ho Chi Minh’s 53rd death anniversary and the 53 years of implementing his testament. President Phuc was accompanied by former National Assembly Chairman Nguyen Sinh Hung as well as incumbent and former leaders of the Party, State, Vietnam Fatherland Front, ministries, sectors and localities as well as representatives from the Nguyen Sinh and the Hoang Xuan families from Nghe An’s Nam Dan district – the hometown of President Ho Chi Minh. Read full story – The National Assembly (NA) Standing Committee opened a four-day law-making session in Hanoi on August 15, with 11 draft laws, ordinances and resolutions to be tabled for discussion. The draft laws include the Law on Petroleum … [Read more...] about ☕ Afternoon briefing on August 15