Addressing the closing ceremony, he said it was Vietnam’s honor to welcome distinguished guests and more than 10,000 athletes, coaches, and referees to SEA Games 31 - the region’s biggest sporting event. The PM noted the COVID-19 pandemic forced the Games to be delayed from November 2021 to May 2022, but it has made the countries become even closer together, more united, and determined to weather all difficulties and challenges to successfully organize SEA Games 31. The countries gathered at the Games to help affirm ASEAN’s vision and mission of solidarity, peace, friendship, cooperation, and development, according to the Vietnamese leader. Minister of Culture, Sports and Tourism Nguyen Van Hung, Chairman of the Organizing Committee, said the success of SEA Games 31 was reflected in not only efforts by hosts Vietnam but also other countries’ wholehearted support, the medals, new records, as well as their honesty and nobility, promising a bright future for the region’s sports. … [Read more...] about SEA Games 31 – a demonstration of solidarity, friendship: PM
When was lunar new year 2021
Green Economy Forum and Exhibition to be held in HCMC in November
At the press conference on May 24 to announce GEFE 2022 (Photo: EuroCham) GEFE 2022 aims to help Vietnam fulfill its commitments made at the 26th UN Climate Change Conference of the Parties (COP26) in the UK last year, and its socio-economic development targets set in the national strategy on green growth for 2021-2030. It will bring together experts, scientists, students and governmental representatives from Europe, Vietnam and other Southeast Asian nations. GEFE 2022 will also feature EuroCham Vietnam’s Green Business Awards and annual Gala Dinner. The event will be organized by EuroCham’s Green Growth Sector Committee with the support of the Delegation of the European Union to Vietnam, EuroCham’s nine affiliated European business associations, European embassies and governmental organizations, as well as the Vietnamese government and its ministries. EuroCham Chairman Alain Cany said the event is expected to serve as a platform to enhance cooperation between European and … [Read more...] about Green Economy Forum and Exhibition to be held in HCMC in November
CMC inspects implementation of democratic regulations in Thanh Hoa
During the visit, Senior Colonel Le Van Trung, Deputy Secretary of the Party Committee and Political Commissar of the Thanh Hoa provincial Military Command, briefed the delegation on the unit’s task performance over the past time. Accordingly, the unit’s Party Committee and Chain-of-Command embraced higher levels’ instructions and resolutions on implementing democratic regulations at the grassroots level in 2021 and five beginning months of 2022. The unit’ leadership paid much attention to raising personnel’s awareness of democratic regulations and building strong Party organizations and comprehensive strong units. Last year, 26 collectives of the unit were awarded with the “Determine to win” title, five groups received the emulation flags of Military Region 4 and the provincial military command was honored with the emulation flag of the Government. Speaking at the working session with the Thanh Hoa provincial Military Command, Major General Nguyen Van Gau, who is also Deputy … [Read more...] about CMC inspects implementation of democratic regulations in Thanh Hoa
Solutions sought to help Vietnam’s aviation industry take off
Vietnam’s aviation industry needs to improve to keep up with the global market as flights resume following the pandemic, Deputy Minister of Transport Le Anh Tuan said on May 24. He made the remark at an international seminar titled “Vietnam aviation in a post-pandemic world” organised by Tap chi Cong San (Communist Review) and the Ministry of Transport. There were 42 million international visitors out of 116 million air passengers in Vietnam in 2019, before the pandemic broke out. About half of them came to Vietnam to invest and seek business opportunities. The volume of goods shipped by air reached 1.5 million tonnes in 2019, which was rather low compared to other modes of transport but accounted for 25 percent of the value of exported goods. With a growth rate of over 15 percent per year in the 2010-2019 period, Vietnam's aviation market is considered to be the fifth fastest-growing market in the world and the fastest in Southeast Asia. Due to the impacts of the COVID-19 … [Read more...] about Solutions sought to help Vietnam’s aviation industry take off
MM Mega Market Vietnam expands its footprint in the North with opening Sapa Depot
This is recognised as a significant step forward in the sustainable development and expansion of MM Vietnam in distribution network system for the 5-year period from 2020 to 2025 to better serve its professional customers especially HoReCa channel. The delegates cut the ribbon in the opening ceremony of new MM’s Depot in Sapa Located on the main crossroad about two kilometers from the town center, Sapa Depot spreads over a land area of 480 square meters, in which the total area of the warehouse is 394 square meters. Its target customers comprise business or professional customers who have been providing their products and services in the hospitality industry in Sapa. As an important part of MM Mega Market Vietnam’s supply chain and sourcing management, Sapa Depot aims to provide a wide range of leading-edge products to better support its customers’ evolving demands in a timely manner, while enabling it to offer further solutions within 38 kilometers from Lao Cai City … [Read more...] about MM Mega Market Vietnam expands its footprint in the North with opening Sapa Depot
Experts discuss modernising hotel entertainment, services
The chain will grow to 100 hotels by 2026. — Photo SOJO Hotels An open talk on enhancing entertainment and customer service at hotels was organised on Tuesday in Ha Noi, gathering experts in the field. According to the latest survey by Visa's Green Shoots Radar, 42 per cent of people taking part in the survey said they will travel for entertainment in 2022. "People now come to hotels not only to sleep and eat, but also to entertain themselves and have fun," Le Quoc Vinh, a leading communications expert noted at the talk. To reach that "fun" factor, hotels should enhance their services by creating more unique experiences for customers and personalising those experiences, he said. Dang Thuy Ha, Customer Manager of NielsenIQ Viet Nam, agreed. She introduced a recent survey showing the three factors that customers care about most when travelling were personalised services (80 per cent), safety (81 per cent) and privacy (58 per cent). "The race in offering unique experiences to … [Read more...] about Experts discuss modernising hotel entertainment, services
Quang Ninh farms turn to tech to grow agriculture sector
Quang Ninh agricultural products are on sale at website dongtrieumart.vn (Photo: baoquangninh.com.vn) Quang Ninh (VNA) – The northern province of Quang Ninh is taking steps to boost high-tech agriculture to cut production costs, increase volumes, and cultivate high-quality farm produce. To realise this goal, farmers are focusing on speeding up the digital transformation, considering it a strategic solution to enhancing the production, quality and competitiveness of agricultural products in domestic and international markets. Dam Ha trade and construction company in Dam Ha district has invested more than 15 billion VND (647,250 USD) to building hydroponic greenhouse vegetable and melon farms, betting on high-tech hydro-growing operations to promote clean agriculture, cut workloads, and standardise quality. Director Nguyen Huu Nhuong said that thanks the newly installed hydroponic systems, the company has enjoyed a production bump of nearly 100 tonnes of melon per year … [Read more...] about Quang Ninh farms turn to tech to grow agriculture sector
HSBC optimistic about Vietnam stock market despite plunge
Though the benchmark VN-Index has lost nearly 19 percent this year, the bank said it was confident about the long-term prospects of the market as companies have been "on a roll" in terms of growth and profits in recent years. The average earnings per share of listed companies had grown by 35 percent last year, and while trading had dipped in the last few months, the Vietnamese market had surpassed Singapore and Indonesia to become the second largest in Southeast Asia behind only Thailand. Local retail investors accounted for around 87 percent of trading. Though foreigners had been mostly withdrawing from the market for nearly three years, they "have started to dip their toes into this market again" in the past few weeks. This was because only seven of the 30 biggest stocks on the main bourse, the Ho Chi Minh Stock Exchange, had reached their foreign ownership limit. Overall the VN-Index had a foreign ownership limit of 44 percent, and current foreign holdings were at less … [Read more...] about HSBC optimistic about Vietnam stock market despite plunge
Purchasing power drops, food prices rise in Ho Chi Minh City
Businesses across Ho Chi Minh City have increased prices of essentials due to higher production costs despite consumer purchasing power having decreased by up to 25 percent, a survey of Tuoi Tre (Youth) newspaper has shown. Enterprises in Vietnam have issued warnings that food prices will continue to rise unless solutions are found to restrain surging food input costs, including raw materials, gasoline, and animal feed. As a case in point, cooking oil is now being sold 15-20 percent more expensive at supermarkets in Ho Chi Minh City than at the beginning of the year, and 70-90 percent higher than the price of 2020. Notably, Tuong An cooking oil now sells for VND60,000-160,000 (US$2.6-$6.9) per liter, depending on the type, while a set of 10 chicken or duck eggs is offered at VND33,000-VND38,000 ($1.4-$1.64) at traditional markets. The rates are about 20 percent higher than earlier this year, and nearly double those of last year, mostly owing to higher production costs and … [Read more...] about Purchasing power drops, food prices rise in Ho Chi Minh City