Automobile back support products

The event connects 14 service providers in the cross-border e-commerce industry to bring together solutions to support Vietnamese businesses to promote exports via e-commerce. — VNS Photo Viet Nam could see its e-commerce export revenues rise to VND296.3 trillion (US$12.5 billion) by 2027, heard the 2023 Cross-Border E-Commerce Conference in Viet Nam in Ha Noi on Wednesday. Amazon Global Selling and Viet Nam E-commerce and Digital Economy Agency (iDEA), Ministry of Industry and Trade kicked off their Cross-Border E-Commerce (CBEC) Conference in Viet Nam in response to growing demand from Vietnamese businesses and to empower them to capture the rising CBEC opportunity. With the theme “Embrace Asian Experience, Vietnamese Brands Go Global”, held in Ha Noi on Wednesday and HCM City on Friday, the event will include a CBEC conference to share the most updated insights and information about the e-commerce export industry, a connecting day for 14 services providers in many services … [Read more...] about Supporting businesses to promote online exports

A draft decree regarding the newly adjusted fees for registering domestic vehicles is expected to be submitted to the Government by June 15. Vietnamese Government plans to halve registration fees for domestically produced and assembled cars, effective from July 1 until the end of 2023. In a recent governmental instruction, Prime Minister Pham Minh Chinh required the Ministry of Finance (MoF) to draft a decree to cut registration fees by 50%, which will be evaluated by the Ministry of Justice. The decree will be submitted to the Government before June 15. Customers at a car showroom in Hanoi. Photo: Viet Dung/The Hanoi Times Various associations and municipalities proposed the Government extend the excise tax and reduce registration fees for domestically produced and assembled cars by 50% in early March this year. The aim was to stimulate demand. In response, import companies expressed their desire for the Government to apply the same policy to … [Read more...] about Vietnamese Prime Minister orders 50% cut in registration fees for domestic cars

Vietnam’s e-commerce export revenue is currently experiencing a remarkable annual growth rate exceeding 20 percent and is projected to reach VND296.3 trillion (US$12.6 billion) by 2027. The forecast was released at the Vietnam Cross-border E-commerce Conference 2023 held in Hanoi on Wednesday by the E-commerce and Digital Economy Agency under the Ministry of Industry and Trade in collaboration with Amazon Global Selling, a program that enables merchants to list and sell their products across the world on U.S. e-commerce giant Amazon’s marketplaces. In her remarks at the event, Lai Viet Anh, deputy director of the E-commerce and Digital Economy Agency, highlighted the flourishing global trend of cross-border e-commerce, which is gaining momentum in numerous countries worldwide. “In Vietnam, the retail e-commerce sector demonstrates an annual growth rate of more than 20 percent annually,” Anh said. With this impressive growth rate, Vietnam possesses immense potential for the … [Read more...] about Vietnam’s e-commerce export revenues grow over 20% per year: conference

According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), accumulatively as of May 20, total foreign direct investment (FDI) inflows into Vietnam reached $10.86 billion, a drop of 7.3 per cent on-year, the fall is getting smaller than in previous months. Of this, newly registered capital was $5.26 billion, up 27.8 per cent on-year; additionally registered capital was $2.28 billion, down 59.4 per cent; and capital contribution and share purchase $3.32 billion, up 67.2 per cent. Do Nhat Hoang, FIA director-general, said that the rise of newly registered investment in the first five months is much higher than that in the first four months (11 per cent). The number of newly registered projects in the first five months also soared sharply on-year (66.4 per cent) to over 960 projects. “The growth rate of the number of new projects confirms that small- and medium-sized foreign investors continue to believe in Vietnam’s business environment,” said Hoang. … [Read more...] about Vietnam tasked with gaining FDI edge

Organized by the Saigon Giai Phong (Liberated Saigon) newspaper, Saigon Co.op and the Ho Chi Minh City Union of Business Associations, it includes building a corporate brand communication strategy associated with environmental social responsibility, mobilizing a large number of volunteers to participate as "information ambassadors" to support the public to clearly identify environmentally friendly products and those made by companies that are environmentally conscious. Saigon Co.op’s distribution system will have promotions and separate display areas for environment-friendly products. Among the highlights of this year’s campaign is a Green Trade Forum with the theme "Green Trade - Challenges and Development Prospects of Enterprises" to be held on June 14 with experts analyzing solutions to improve the efficiency of State management and integrate green growth into the socio-economic development plan. Le Truong Son, Deputy General Director of Saigon Co.op, said the campaign would … [Read more...] about Annual Green Consumption Campaign begins in Ho Chi Minh City

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

A delegation of the Vietnamese Ministry of Health led by Deputy Minister Do Xuan Tuyen has attended the BIO International Convention. (Photo: VNA) Washington D.C. (VNA) – A delegation of the Vietnamese Ministry of Health led by Deputy Minister Do Xuan Tuyen has attended the BIO International Convention in the US’ Boston city from June 5-8. The BIO International Convention is the world's largest, most influential biotech conference, bringing together more than 23,000 delegates from 65 countries and territories worldwide. Participants touched upon reforms in the bio technology, shared professional knowledge, and sought ways to promote connectivity and open up cooperation opportunities in this field. In his remarks, Tuyen briefed them on the landscape of the Vietnamese pharmaceutical and bio-pharmaceutical industry, noting a range of solutions and incentives have been taken to spur the sector’s growth. The Vietnamese delegation visits the Harvard Medical School. … [Read more...] about Vietnam attends BIO International Convention in US

Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry speaks at the opening ceremony of the exhibition. (Photo: VNA) Hanoi (VNA) – The 11th Hanoi International Plastic, Rubber, Printing, and Packaging Industry Exhibition (Hanoi PlasPrintPack 2023) was opened in Hanoi on June 8, attracting 200 companies with 340 booths. The companies are from 11 countries and territories including China, India, Indonesia, Japan, Malaysia, the Philippines, Taiwan (China), Hong Kong (China), Thailand, the UK, and Vietnam. Speaking at the opening of the exhibition, Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry, said that along with the development of the domestic manufacturing industry, the plastic, packaging, and printing industries also see rapid growth. They are supporting industries with great potential and require high-tech products, modern production processes, and management to increase competitiveness in the market. Ho Duc … [Read more...] about Over 200 companies join Hanoi PlasPrintPack 2023

Illustrative image (Courtesy of AFD in Vietnam) The European Union (EU) and France, through the French Development Agency (AFD), recently offered 20 million EUR (23.6 million USD) in aid to Vietnam to help improve resilience, water and natural resources management . On May 11, Ambassador of the EU to Vietnam Giorgio Aliberti and AFD Director in Vietnam Fabrice Richy signed an agreement to enhance cooperation to improve resilience to climate change and natural disasters in Vietnam, moving towards a “green future”. Under the agreement, the EU will provide a non-refundable aid of 20 million EUR for AFD. Via coordination with central and local authorities, AFD will call on the Water and Natural Resources Management (WARM) Facility to prepare and launch projects co-financed by AFD’s loans and Vietnam’s resources during the 2011-2029 period with total estimated capital of 200 million EUR. As planned, the WARM will back the preparation and implementation of more … [Read more...] about EU and France help Vietnam towards a green future

Vice chairman of Ho Chi Minh City People’s Committee Bui Xuan Cuong on April 20 received Regional Representative for Asia - Pacific of the International Organisation of La Francophonie (OIF) in Hanoi Edgar Doerig. (Photo: VNA) HCM CITY (VNA) –  Vice chairman of Ho Chi Minh City People’s Committee Bui Xuan Cuong on April 20 received Regional Representative for Asia - Pacific of the International Organisation of La Francophonie (OIF) in Hanoi Edgar Doerig who is paying a working visit to the city. At the meeting, Cuong asked Edgar Doerrig to support the operation of cultural and French teaching centres in the city and at the Institute of Cultural Exchange with France (IDECAF). He also called for support to activities between the city and French-speaking partners, France, and the community of French-speaking countries in fields. For his part, Edgar Doerig said that OIF expects to further promote investment and trade activities between France and Vietnam, including Ho Chi … [Read more...] about Ho Chi Minh City, International Organisation of La Francophonie tighten cooperation