The Vietnamese booths display products of big brands like Masan, Vinamilk and Huu Nghi. (Photo: VNA) Hanoi (VNA) – More than 30 Vietnamese businesses are showcasing their products at a food exhibition in the Republic of Korea (RoK), which opened on May 30. As the largest food exhibition in the East Asian nation, Seoul Food 2023 gathers 1,500 companies from 30 countries with up to 2,500 booths. The four-day event offers an opportunity for the food and beverage industry of the RoK and other participating countries to seek cooperation opportunities . The Vietnamese booth displays products of big brands like Masan, Vinamilk and Huu Nghi, attracting crowds of Korean importers, distributors and consumers. Pham Hong Son, Deputy General Director of Masan Consumer Corporation, said Vietnamese cuisine has been favoured in the RoK, noting that the increasing number of businesses investing in products for the market has demonstrated the firm foothold of Vietnam’s big brands … [Read more...] about Vietnamese firms participate in biggest food exhibition in RoK
Advanced business events
Children should be key consideration in ESG assessments: UNICEF Vietnam expert
Business practices are not sustainable if they do not take account of their impact on children, said a UNICEF Vietnam representative at a child rights and business forum held on Tuesday in Hanoi. The forum, co-held by UNICEF Vietnam and the Vietnam Chamber of Commerce and Industry (VCCI), underlined the need for responsible business practices that respect child rights and prevent adverse human rights impacts. Speaking at the event, Rana Flowers, representative of UNICEF in Vietnam, said that children, whom she described as the present and the future, should be a key consideration in Environmental, Social, and Governance (ESG) assessments. Businesses should assess impacts and risks objectively, and identify key practices that can minimize those risks and create a positive impact on children. In doing so, businesses will be able to enhance their competitiveness and sustainability and win the support of stakeholders, especially investors, who are socially conscious and looking at … [Read more...] about Children should be key consideration in ESG assessments: UNICEF Vietnam expert
Air, rail transport to be prioritised in Central Highlands
Buon Ma Thuot Airport in Dak Lak province is a major airport in the Central Highlands. (Photo: baogiaothong.vn) Hanoi (VNA) – The Ministry of Transport (MoT) has requested more investment be prioritised for air and rail transport to the Central Highlands to ease pressure on road transport. This is part of the MoT’s recently built plan on developing modern, comprehensive, and cost-effective transportation that also guarantees defense and security for the Central Highlands by 2030, with a vision to 2045. The Central Highlands is comprised of the provinces of Kon Tum, Gia Lai, Dak Lak, Dak Nong, and Lam Dong. Under this plan, authorities will modernise goods handling technology at transport centres, apply advanced transport technology, comprehensively develop transport supporting services and multi-modal transport, and improve logistics services. Enterprises will be encouraged to increase investment in container transport vehicles; the container handling capacity … [Read more...] about Air, rail transport to be prioritised in Central Highlands
Ha Nam province – a new manufacturing hub for SME expansion
Ha Nam’s distinctive advantage, according to many investors, lies in its proximity to Hanoi. Strategically located at the centre of the North Central region, Ha Nam is an intersection of key transportation routes. The province provides convenient access to neighbouring areas such as Hanoi, Haiphong, Bac Ninh, Bac Giang, Thai Nguyen, and others. Additionally, it is home to some northern arterial routes, namely the Cau Gie-Ninh Binh motorway, national road 1A, and the North-South motorway. Due to its ideal location near the major economic centre of Hanoi and its developed infrastructure, Ha Nam greatly facilitates the activities of transporting and trading goods. Meanwhile, its industrial parks (IPs) feature a comprehensive infrastructure base, including transport, power, water supply system, and waste-water treatment stations that perfectly match businesses’ long-term development goals. Located in the Dong Van 3 IP, the GNP Dong Van 3 project has all the geographical … [Read more...] about Ha Nam province – a new manufacturing hub for SME expansion
Chin-su leaves strong impression at Seoul Food 2023
Masan chose South Korea as the next key market to launch its premium Chin-su collection after Japan. The company has invested in research and development to create a set of products that appeal to the country's culinary traditions and standards, as part of Chin-su's goal to bring Vietnamese cuisine to the world. Chin-su also launched a selection of Pho seasoning at the event, along with its chilli, soy, and fish sauces, developed with input from chefs, young people, and families in South Korea. There are three varieties of Chin-su chilli sauce available. First, the Original flavour makes any Korean dish hot with the spicy warmth of Vietnamese chilli peppers. With the harmony of spicy, sweet and sour flavours, Chin-su chilli sauce can be easily incorporated into typical Korean dishes such as pancakes, fried chicken, Gyoza (dumplings), fish cakes, and fried potatoes. The second variety is Bibim chilli sauce, which is mixed with rice sauce and is inspired by the typical … [Read more...] about Chin-su leaves strong impression at Seoul Food 2023
Echelon Asia Summit 2023: Connecting Asia’s tech ecosystem for growth and innovation
e27, a tech and startup media platform in Asia, has announced the launch of this two-day event, taking place on June 14-15 at Singapore EXPO. With over 100 international speakers, the summit aims to connect startups, explore business opportunities, and foster new tech investments in Southeast Asia. Vietnam's DIFISOFT and Hello3Dworld are among the top 100 startups participating. Echelon's expert speakers will cover topics including Web3.0, Southeast Asia's rising stars, future sectors and investment trends, mergers and acquisitions, sustainability, and growth. Workshops, roundtable discussions, exhibitions, and networking sessions will further enrich the experience, offering abundant opportunities for startups and investors in the region. The previous Echelon Asia Summits have featured renowned figures from startups and venture capital firms such as Grab, Carro, Ninja Van, WeWork, Lazada, Shopback, and numerous others. The summit will mark the return of the TOP100 programme, … [Read more...] about Echelon Asia Summit 2023: Connecting Asia’s tech ecosystem for growth and innovation
Chinese graduates lower their ambitions in moribund jobs market
Like a rising number of her highly educated peers, Liang keeps trading down to try and find a source of income in China's worst youth job market on record. "Finding a job has been really difficult," said the 25-year-old, who lives with her parents in the northern industrial city of Taiyuan. "I told my family that I'm willing to take up manual labor and my mum straight-up cried. She felt so sorry for me." Economists expect such examples to become increasingly common in coming years, as a glut of university graduates and a shortage of factory labor due to an aging workforce deepen China's job market imbalances. Youth unemployment hit a record 20.4% in April, and a new high of 11.58 million university students are due to graduate this summer. All are competing for jobs in what remains one of the world's fastest-growing major economies, but whose manufacturing-heavy structure is increasingly out of step with the aspirations of its younger generations. The industries most … [Read more...] about Chinese graduates lower their ambitions in moribund jobs market
Vietnam’s Phu Quoc Island emerges as attractive destination to Cambodians
Around 9,000 Cambodian tourists have visited Phu Quoc Island off Kien Giang Province in southern Vietnam since the beginning of this year, marking Cambodia as a potential market for the island this summer. “Phu Quoc has a beautiful beach scene and a bustling night market with lots of foods and souvenirs,” said Danh Sang, a Cambodia tourist. “My family and I really enjoy being here. “Phu Quoc is truly a pretty and attractive destination.” According to the Kien Giang Department of Tourism, the province is estimated to have welcomed more than 4.9 million visitors, including over 354,992 from abroad, since early this year. The number of Cambodian tourists reached about 9,145, much higher than before. According to Tran Quoc Khanh, chairman of the Kien Giang Tourism Association, Cambodia is a potential international market for the island during this summer as the number is still on the rise. Among the efforts to attract more tourists from the potential market, the Kien Giang … [Read more...] about Vietnam’s Phu Quoc Island emerges as attractive destination to Cambodians
☀️ Morning digest June 1
Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. - The 15th National Assembly's fifth session continued its ninth working day in Hanoi on May 31, under the chair of NA Chairman Vuong Dinh Hue. Moderated by NA Vice Chairman Nguyen Duc Hai, the NA convened a plenary session to discuss the supplementary assessment of the implementation of the socio-economic development plan and State budget for 2022, as well as the performance in the early months of 2023. Read full story - Deputy Prime Minister Tran Hong Ha welcomed Dutch firms and partners to join in the pilot scheme for rooftop solar installation in Vietnam during a reception in Hanoi on May 31 for Dutch Ambassador to Vietnam Kees van Baar. Deputy PM Ha said Vietnam and the Netherlands are strategic partners in climate change adaptation, water management, sustainable agriculture and food security. Read full story VUFO President Ambassador Nguyen Phuong Nga receives … [Read more...] about ☀️ Morning digest June 1
New cooperation spaces for Vietnam, RoK localities: seminar
This will open new cooperation spaces and deepen collaboration in all spheres, from economy to tourism, employment, education and culture, as well as people-to-people exchange, Vietnamese Ambassador to the RoK Nguyen Vu Tung told the seminar. The event on connectivity between Korean localities and enterprises, and Vietnamese localities saw the participation of more than 100 delegates, including those from Vietnam’s Bac Lieu, Kon Tum and Thua Thien Hue provinces and Can Tho city, along with representatives from localities and more than 50 businesses of the RoK. Yoo Ming-bong, Secretary General of the Governors Association of the RoK (GAROK), noted that after 30 years of the establishment of the Vietnam - RoK diplomatic ties, the bilateral relationship has been seen as a model with political trust, dynamic, flexible, close economic cooperation, and close-knit ties between people of the two countries. GAROK will work together with Vietnamese localities in conducting activities to … [Read more...] about New cooperation spaces for Vietnam, RoK localities: seminar