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Representatives cut the ribbons to open the programme. — VNA/VNS Photo A programme to introduce Vietnamese goods and foods in the UK is underway at Longdan Supermarket in Crawley, about 45km south of London. The week-long event, which started on Sunday, is hosted by the Vietnam Trade Office under the Vietnamese Embassy in the UK, in collaboration with the Vietnam Business Association in the UK (VBUK), and Longdan and EUTEK groups. As part of activities in the trade promotion programme of the Vietnamese Ministry of Industry and Trade (MoIT), the event aims to promote high-quality Vietnamese products that are benefiting from the UK-Viet Nam Free Trade Agreement (UKVFTA) to British retailers and consumers. Handicraft products, coffee, fresh and dried fruits, canned fruit juice, vermicelli, dried noodle, rice papers, cashew nuts, and fragrant rice from reputable export enterprises of Viet Nam are being displayed at the supermarket and Vietnamese markets in Nottingham. At the … [Read more...] about Vietnamese goods, foods introduced in UK

Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on June 27. -National Assembly (NA) Chairman Vuong Dinh Hue met representatives from the Vietnamese entrepreneur community in Europe in Budapest on June 26 evening (local time), as part of his official visit to Hungary. Earlier the same day, NA Chairman Hue visited the Vietnamese Embassy and met Vietnamese people living in Hungary. Read full story -Prof. Dr. Nguyen Xuan Thang, Director of the Ho Chi Minh National Academy of Politics (HCMA) and visiting Australian Minister for Foreign Affairs Penny Wong jointly pressed the button to inaugurate a portal of the Vietnam-Australia Centre (VAC) on June 27. Penny Wong, who is on an official visit to Vietnam from June 26-28, said the VAC will play an important role in enriching the knowledge of future Vietnamese officials trained at the academy, as well as promoting cooperation and strengthening links between the people of the … [Read more...] about ☕ Afternoon briefing on June 27

Vietnam has greatly improved its living standards as it jumped 39 places to become the 62nd-best country worldwide for quality of life in 2021, according to a report by CEOWORLD . The Southeast Asian nation earned 78.49 points, ranking 62nd out of 165 countries and territories, registering a sharp improvement from its 101st position among 171 countries in 2020. It ranked seventh in the region, while Singapore took the lead with 87.64 points, followed by Thailand, the Philippines, and Malaysia. Singapore also held the 19th position in the global rankings. Finland was named the world’s best country for quality of life last year with 99.06 points, while Denmark and Norway ranked second and third, respectively. “Being safe, politically stable, and having a well-developed public health system drove Finland’s quality of life ranking to the top of the Best Countries 2021 list,” said CEOWORLD, a business and trade magazine. Belgium came in fourth in the rankings, over Sweden, … [Read more...] about Vietnam up 39 notches in global quality of life index: CEOWORLD

Peter Bernhardt, team leader of the ARISE+ Vietnam project Since coming into force in August 2021, the EU - Vietnam Free Trade Agreement (EVFTA) has become an effective tool for boosting trade ties between the EU and Vietnam. What should Vietnam pay attention to in order to benefit more from this deal? I agree that the overall picture of EVFTA performance in this starting period, where exporters and government authorities from both sides have to adapt to the new situation, looks definitely promising. The EVFTA is the most ambitious FTA that the EU has ever signed with a developing country. The deal will mutually lift about 99 per cent of the tariffs within 10 years. Duty was lifted from 65 per cent of EU exports to Vietnam and 71 per cent of Vietnamese exports to the EU, immediately after the EVFTA came into effect. As most Vietnamese exporting products are consumer products, the real challenge Vietnam exporters will face to comply with EU consumer protection regulations is … [Read more...] about EU supporting comprehensive implementation of the EVFTA

Famous specialist on Southeast Asia Carl Thayer said Vietnam was entirely justified under international law in exercising self-defense against the Khmer Rouge who first attacked Vietnamese island territories in 1975. Vietnam and Cambodia celebrated the 55th anniversary of diplomatic relations on June 24, 2022. On this occasion, Emeritus Professor at the University of New South Wales (UNSW), Canberra Carl Thayer wrote to The Hanoi Times his insights into the relations between the two neighboring countries. The 55th anniversary of diplomatic ties between Vietnam and Cambodia celebrated in Hanoi on June 24. Photo: Baoquocte In 1967 the war in Vietnam was escalating as the United States poured more ground troops into South Vietnam and sought to interdict the Ho Chi Minh Trail. At the same time, the U.S. continued its air war over North Vietnam. Prince Norodom Sihanouk consistently followed the path of neutrality and non-alignment since independence … [Read more...] about Vietnam entirely justified in exercising self-defense against Khmer Rouge: Carl Thayer

Hungary was the first European Union state to approve the EU-Vietnam Investment Protection Agreement (EVIPA). Vietnam and Hungary are expected to sign an agreement on cooperation between the two parliaments in replacement of the one inked in 2008. Chairman of Vietnam’s National Assembly Vuong Dinh Hue and István Jakab, Deputy Speaker of the National Assembly of Hungary, in Budapest on June 26 (local time). Photos: VNA The agreement would be signed during the visit to Budapest by Chairman of Vietnam’s National Assembly Vuong Dinh Hue on June 26-28 at the invitation of Speaker of Hungary’s National Assembly László Kövér. The parliamentary cooperation is evidence of the Comprehensive Partnership agreed in 2018 during the visit paid by General Secretary of the Communist Party of Vietnam Nguyen Phu Trong to the European country. The cooperation agreement is believed to cover three main fields namely the exchange of visits of high-profile officials and … [Read more...] about Vietnam, Hungary to sign new parliamentary cooperation agreement

Ceremony to mark the 20th founding anniversary of Vietnam Environment Protection Fund (Photo: VNA) Quang Ninh (VNA) – The Vietnam Environment Protection Fund (VEPF) has contributed importantly to protecting the environment and reducing pollution over the past 20 years. Speaking at a ceremony to mark the 20th founding anniversary of the fund on June 26 in the northern province of Quang Ninh, its Director Nguyen Duc Thuan said that in the past two decades, VEPF has provided preferential loans for nearly 400 projects with a total disbursed capital of nearly 3 trillion VND (129 million USD). It has also financed over 100 billion VND to help localities deal with post-disaster environmental pollution, received combined deposit amount of 250 billion VND from over 360 projects to ensure the restoration of the environment after the projects are completed, and mobilised a non-refundable aid worth 84 million USD from the Global Environment Fund. Deputy Minister of Natural … [Read more...] about 20-year-old fund helps protect environment, reduce pollution

Workers process pineapple for export at the factory of the An Giang Agriculture and Food Import - Export Company. (Photo: VNA) Hanoi (VNA) – Vietnam has recorded impressive growth in exports to Hungary in recent years, statistics showed. Exports from Vietnam to Hungary increased eight-fold to 1 billion USD in 2020 from 124.2 million USD in 2016. The figure stood at 842.7 million USD in the first 10 months of 2021, up 5% year on year, according to data from the European country. Though shipments of agricultural and food products remain modest, the revenue posted a strong increase in the recent past as seen in some key exports. Vietnam exported almost 4.4 million USD worth of processed coffee to Hungary in 2020, surging 38-fold from four years earlier, and 7.13 million USD during January - October of 2021, up 85.6% year on year. Cashew nut exports grew 27.7% to nearly 2.4 million USD in 2020 compared to 2016, and 11.6% year on year to 2.2 million USD in the first 10 … [Read more...] about Vietnam’s exports to Hungary on the rise

The index closed 17.34 points higher after losing 3.4 points Friday. Trading on the Ho Chi Minh Stock Exchange increased by nearly 21 percent to VND12.32 trillion ($529.7 million). The VN-30 basket, comprising the 30 largest capped stocks, surged to the highest in a week with 26 tickers gaining. SSI of leading brokerage SSI Securities rose 6.7 percent, extending its gaining streak to the fourth session in a row. NVL of real estate developer Novaland closed 6.5 percent higher, with trading value highest since last December. Other winners included PNJ of Phu Nhuan Jewelry, up 6.1 percent, and HPG of steelmaker Hoa Phat, up 5 percent. Four bucked the trend, led by VIC of Vietnam's biggest conglomerate Vingroup JSC with a 1.1 percent drop. The ticker is now at a 27-month low, having fallen 42 percent from its peak last April. VNM of dairy giant Vinamilk, and MWG of electronics retailer Mobile World both lost 0.6 percent. VCB of the largest state-owned lender Vietcombank … [Read more...] about Blue chip stocks hit weekly high

Saravoot Yoovidhya, CEO of TCP Group, announced the new corporate purpose in Vietnam From 2022 to 2024, TCP Group is further driving the organisation towards sustainable business growth and creating a positive impact on society and the environment, locally and globally. "Five years ago, we announced the synergy of our various businesses into TCP Group, and we have been working towards sustainable development goals ever since. Up to now, events like COVID-19 and digital transformation have tremendously affected business, society, and the environment. We, therefore, are revisiting our purpose and strategies in every aspect to prepare for the volatile future and to create growth for the organisation while energising the sustainability of the world with a new purpose, called Energising A Better World For All,” said Saravoot Yoovidhya, CEO of TCP Group. Throughout its over 60 years of operation, TCP Group's priority has been to ensure the development of the economy, society, and … [Read more...] about TCP Group’s CEO announced a new corporate plan