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The Vietnamese booth at the exhibition draws a large number of visitors (Photo: VNA) Hanoi (VNA) – A Vietnamese business delegation led by Le Khanh Van, Director of the Centre for Science-Technology Application and Startup ( COSTAS ) under the Vietnam Association for Intellectual Women (VAFIW), attended the third “Made in Russia” - the leading exhibition in the beauty industry of Russia that took place in Moscow from June 6-7. The event gathered leading experts in Russia, as well as celebrities and cosmetics manufacturers. Addressing the opening ceremony, Van said that the exhibition is a good chance for Vietnam to access new technology and products in the industry, seek partners and strengthen the trade of products in this field between Vietnam and Russia. The Vietnamese booth showcased hormonal products, herbal toothpaste, shampoo, collagen to nutritional products such as cordyceps and black garlic, among others. At the event, VAFIW signed cooperation agreements … [Read more...] about Vietnamese firms explore beauty industry of Russia

On the morning of November 30 last year, Minh, now 29, received an email from his employers at DoorDash, the largest online food delivery company in the U.S. The company announced that it was letting him go. Just a day earlier, Minh was still the leader of one of the company’s finance management team. When he received the email, Minh had already studied and worked in the finance field in the U.S. for over a decade. He has a bachelor’s degree in accounting, a master’s in data science, is a certified Chartered Financial Analyst (CFA), as well as a Certified Public Accountant. "Though the layoff wave at that time was staggering many tech firms, I still couldn’t believe my eyes. I was aware of the financial situation of the company [DoorDash], and it was good," Minh said. The next thing he did was call his manager, hoping the letter may have been a mistake. The manager said they were surprised by the news and promised to look into the matter. Ten minutes later, it was … [Read more...] about Vietnamese worker back on feet after US layoff

Hanoi has accumulated about US$69.844 billion in foreign direct investment, ranking second in the country. Hanoi plans to build more industrial parks to attract foreign investment. Simultaneously, the city will prioritize site clearance and expedite the development of a comprehensive and modern infrastructure system. Overview of the meeting. Photo: Hoai Nam/The Hanoi Times Deputy Chairman of the Hanoi People's Committee Nguyen Manh Quyen revealed the plan today [June 8] at a meeting with representatives of the Ministry of Planning and Investment to discuss solutions to further attract foreign direct investment (FDI) into the capital . Nguyen Ngoc Tu, Deputy Director of the Hanoi Department of Planning and Investment, revealed that the city had seen a significant increase in FDI in the first four months of 2023, reaching $1.82 billion, a remarkable 260% increase compared to the same period last year. Numerous projects in sectors such as … [Read more...] about Hanoi eyes new industrial parks to lure foreign investors

The sides briefed each other on their operations, and exchanged the experience in the implementation of trade union movements at the local level. They shared many ideas to optimize the role of trade unions and give better care for laborers, building a harmonious labor relations and promoting development of businesses and agencies. NACC Vice President Kim Chann Samnang briefed his hosts on the employment situation, trade unions’ activities and policies for laborers. He said that Cambodia currently has 1.5 million laborers, 80% of whom have joined trade unions. Their average income reaches 250 - 350 USD per month, he added. The official expressed his hope that the Trade Union of Public Utility Enterprises and Commercial Services of Ho Chi Minh City and the NACC will continue to share experience in trade union affairs and measures to attract more laborers, thus contributing to strengthening the friendship and cooperation between the two sides and promoting the socio-economic … [Read more...] about Ho Chi Minh City, Cambodia share experience in trade union affairs

Speaking at the ceremony, Ambassador Nguyen Ba Hung praised and thanked the museum for its effective activities over the past time, contributing to honoring the late Vietnamese leader, who is hailed as a national liberation hero of Vietnam and a great man of culture of the world, an embodiment of the special friendship between the two countries. He also expressed his hope that the museum will continue to promote the sound work, helping to cement the special solidarity between Vietnam and Laos. In response, Xayalath Phoneyalak, Director of Kaysone Phomvihane Museum Department, expressed his honor as the museum received the noble order of the State of Vietnam. He also emphasized works carried out between the two sides have contributed to further strengthening the great and long-standing friendship relations between Vietnam and Laos. Source: VNA … [Read more...] about Friendship order to Kaysone Phomvihane Museum

VUFO President, Ambassador Nguyen Phuong Nga said the honor is to recognize the Bulgarian diplomat's remarkable contribution to promoting the friendship, special solidarity and comprehensive cooperation between the two peoples. During Marinela Petkova’s tenure in Vietnam, the relations between the two countries have been reinforced and developed, with the diplomat having helped promote high-level political dialogues, support the implementation of Bulgaria's official aid program to Vietnam, as well as sign cooperation agreements at central and local levels of the two countries. For her part, Marinela Petkova expressed her pleasure at the honor and thanked the VUFO, Ambassador Nguyen Phuong Nga and Vietnamese friends for the support they gave her during her stay in Vietnam. She pledged to continue working to reinforce and develop the friendship and cooperation between the two countries in any position. Source: VNA … [Read more...] about Bulgarian ambassador awarded friendship medal

The event was jointly organized by the Vietnam Buddhist Sangha (VBS) Central Committee and the VBS Executive Board in Ho Chi Minh City. VBS Supreme Patriarch Most Venerable Thich Tri Quang recalled his memories with Bodhisattva Thich Quang Duc before the day of self-immolation, emphasizing that the Bodhisattva's simple lifestyle with a noble soul and his wisdom is a shining example for future generations of monks and nuns to follow. Most Venerable Thich Quang Duc was born as Lam Van Tuat in Van Khanh commune, Van Ninh district, the Central province of Khanh Hoa in 1897. He actively fought for religious freedom and equality in the Southern region when it was governed by the U.S.-backed Saigon administration. On June 11, 1963, when a procession of over 800 Buddhist monks, nuns and followers arrived at the intersection of Phan Dinh Phung boulevard (now Nguyen Dinh Chieu Street) and Le Van Duyet Street (now Cach Mang Thang Tam Street), Thich Quang Duc soaked himself in petrol, … [Read more...] about Bodhisattva Thich Quang Duc’s self-immolation commemorated in Ho Chi Minh City

In this competition, five out of 19 Vietnamese teams at primary and secondary schools excellently won awards and four others were in the Top 20. The People’s Army Newspaper has had an interview with Dr. Tran Viet Hung, the co-founder of the organization about the championship. The VEX WORLDS 2023, drawing more than 30,000 students from over 50 countries and 50 U.S. states, is a big tournament in the world. Asked about the initial idea of STEAM for Vietnam - a U.S. non-profit organization, U.S. Center (under the U.S. Embassy and Consulate in Vietnam), and the Hanoi University of Science and Technology about this playground, Dr. Tran Viet Hung emphasized the importance of STEAM education for those engaged in technology and to help hone students' thinking effectively and unlock their potential. He mentioned Bill Gates, Elon Musk, Mark Zuckerberg as good examples in early getting use of computer and technology. He confirmed that with deep knowledge, people fear nothing and dare to … [Read more...] about Project inspires Vietnamese students to dream big

SABECO in Forbes' top 50 listed companies in 2023 This is the 11 th year it has released this list in the country. The rankings are based on last year’s audited consolidated financial reports of the companies listed on the Ho Chi Minh Stock Exchange and the Hanoi Stock Exchange. Forbes Vietnam said total after-tax profit of the 50 firms stood at over VND228 trillion ($9.7 billion) while their combined revenue VND1.49 quadrillion ($64.8 billion), respectively rising 18 per cent and 24.9 per cent from the 2022 list. In 2022, profits of listed companies in general and those in the top 50 hit a record level. Of these, 2022 is a year when SABECO recorded a record profit after tax since its establishment in 1975. The company recorded a nearly 33 per cent increase in net revenue and a 40 per cent increase in net profit compared to 2021, despite the impact of the pandemic as well as fluctuations in the domestic market. On the journey of 148 years of development, an important … [Read more...] about SABECO in Forbes top 50 listed companies

At the meeting (Photo: VNA) Brussels (VNA) - Executive Vice President of the European Commission (EC) Valdis Dombrovskis, who is also Trade Commissioner, has affirmed that the European Union (EU) has regarded Vietnam as its important partner in the region, and called the Southeast Asian nation a model in impressive trade cooperation, especially after the EU-Vietnam Free Trade Agreement (EVFTA) came into force in 2020. Speaking at a meeting with the ASEAN Brussels Committee ( ABC ) in Brussels on June 6, Dombrovskis noted that the EU will increase its investment in Vietnam, particularly in significant such areas as just energy transition, and sustainable development. Vietnam’s Vice Ambassador to Belgium Vu Thu Thuy emphasised that the EU is an important partner of Vietnam, and trade cooperation remains a bright spot and a pillar of the bilateral ties. After the coming into force of the EVFTA , the two-way trade has grown more than 30% annually despite uncertainties in … [Read more...] about Vietnam a model in trade cooperation: EC official