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Vietnam and Australia are both members of at least three free trade agreements, namely ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), CPTPP and the Regional Economic Comprehensive Economic Partnership (RCEP). According to data of the General Statistics Office of Vietnam, last year, two-way trade between Vietnam and Australia hit 12.4 billion USD for the first time, up more than 49 percent compared with that of 2020. The value of shipments to Australia reached more than 4.45 billion USD, a year-on-year increase of 23 percent. Vietnam spent nearly 8 billion USD in importing goods from Australia, up nearly 70 percent against 2020’s figure. Vietnam's exports to Australia are growing strongly, reaching 1.38 billion USD in the first quarter of 2022, a surge of 32.36 percent against the same period last year. Sharp increases were seen in Vietnam’s export of various agricultural and industrial products to Australia, for example 84 percent in coffee, 51 percent in aquatic … [Read more...] about CPTPP helps leverage Vietnam – Australia investment cooperation

A view of Cisco Office which is deploying hybrid working model. Cybersecurity is critical for making hybrid working safe in Viet Nam. — Photo courtesy of the firm Hybrid working has improved total employee wellbeing, work-life balance, and performance in Viet Nam, according to a new global Cisco study. While organisations have benefited from higher employee productivity levels, more needs to be done to build an inclusive culture and fully embed hybrid work arrangements to boost readiness levels and enhance employee experience. Cisco's "Employees are ready for hybrid work, are you?" study found that 70 per cent of employees in Viet Nam believe that the quality of work has improved. A similar number (67 per cent) felt that their productivity has enhanced. On top of that, 84 per cent also feel their role can now be performed just as successfully remotely as in the office. However, the survey of 28,000 employees from 27 countries, including over 1,050 respondents from Viet Nam, … [Read more...] about Hybrid work enhances employee well-being in Viet Nam

Phu My Hung Development Corporation opens Midtown Food Fest to celerate its anniversary. — Photo Courtesy Phu My Hung Development Corporation Midtown Food Fest was organised by the Phu My Hung Development Corporation in its Phu My Hung City Centre on Saturday, and it expected to receive thousands of visitors. The food festival is among several programmes the company has organised to celebrate its 29th anniversary, including magic shows and Yosakoi matching. Visitors had the chance to try Vietnamese and many types of foreign cuisines. They also had the chance to visit show flats at The Peak, a project the company is developing in the Southside District of Phu My Hung City Centre. On the occasion, it opened five fully furnished Sky villas. — VNS … [Read more...] about Food Fest organised in Phu My Hung City Centre

The victory proved the effective and timely collaboration between the Vietnamese and Lao forces and forces in the Southern theater in the strategic offensive in 1972, contributing to failing the “Vietnamization” strategy of the U.S. and the “Nixon doctrine.” It also reaffirmed that defensive is the obvious operation in the liberation war and added more theoretical and practical values to the art of combat at the operational level of Vietnam in the resistance war against the U.S. invaders. As the operation went, the Central Military Commission of Vietnam and the Lao side informed the Command of the Plain of Jars – Muong Sui Campaign about the intention: Right after the end of the offensive operation in the area, our forces would shift to the defensive posture at the operational level, ready to break down any counter-offensive operations of the enemy. With good preparation, by May 20, 1972, the coalition forces had completed the firm and continuous operational defensive disposition, … [Read more...] about More lessons learnt from Xieng Khouang – Plain of Jars Victory in 1972

In particular, Army Corps 15 gave 70 gifts, worth VND 300,000 each, and Company 751 offered 140 others, worth VND 500,000, to 210 needy workers as part of the activities in response to the workers’ month in 2022. Speaking at the event, Head of the Mass Mobilization Commission and President of the Vietnam Fatherland Front Committee of Ia Grai district Tran Hoang Ha affirmed the significance of the activity. The local official said that the practical deeds of troops and workers of Army Corps 15 in general and Company 715 in particular have helped local people overcome difficulties and have a stable life. He added that Uncle Ho’s soldiers’ deeds have left good impression on local people. While visiting and presenting gifts to local people, the visiting delegation mobilized them to strictly observe the Party’s guidelines and State’s policies, contribute to the common efforts in preventing diphtheria and the COVID-19 pandemic, and join hand to protect social order, contributing to … [Read more...] about Needy people in border areas receive gifts

Spain, which is one of the world leaders in clean energy, wants to boost its partnership with Vietnam in the field, Jiménez told Vietnam News Agency in an interview on the occasion of the 45th anniversary of the two nations’ diplomatic relations (May 23, 1977 - 2022). More and more Spanish companies are investing in Vietnam, particularly in sectors of common interest and those which suit both countries' orientations towards sustainable development, she said. She highly appreciated Vietnam’s strong commitments made at the 26th U.N. Climate Change Conference (COP26) last year and its efforts to cut greenhouse gas emissions, saying Vietnam must forge major reforms to realise its sustainable development ambitions. Referring to the progress of bilateral relations, she said that in the past Spain had boosted development cooperation with Vietnam, with emphasis placed on sustainable development and gender equality. The Spanish Agency for International Development Cooperation (AECID) … [Read more...] about Spain committed to accompanying Vietnam in renewable energy growth: ambassador