VNPT has moved through the years from traditional telecoms to a premier digital service provider From the bustling streets of Hanoi to the digital arteries of Vietnam’s economic framework, the group (VNPT) has redefined its role. No longer just a traditional telecommunication powerhouse, it is now Vietnam’s premier digital service provider, echoing a global shift in focus from cables and calls to bits and bytes. This is illustrated in recent performance results, with consolidated revenues for the first half of this year estimated at $1.11 billion, with an anticipated pre-tax consolidated profit of $92.7 million. In an assessment by the Vietnamese government, VNPT’s restructuring and overhaul has “essentially achieved its set objectives and expectations”. Its strategy for 2021-2025 has been to transform and develop the firm into a dynamic, effective, modern state economic group that can compete both domestically and internationally. Last year witnessed the group’s total … [Read more...] about VNPT’s digital renaissance: Vietnam’s telecom titan reinvents for modern age
Branding digital
Veggie, fruit exports to China enjoy double-digit growth rate
Talking to the media on the occasion of the recent 20th China - ASEAN Expo (CAEXPO) and China - ASEAN Business and Investment Summit (CABIS) in Nanning city, China's Guangxi province, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said Vietnam will continue to negotiate with China on protocols for imports and exports, especially watermelon, frozen durian, chili, medicinal herbs and citrus fruits. If these issues are taken care of, bilateral trade will be favorable and the exponential growth rate will continue, stated Tien. According to the Ministry of Agriculture and Rural Development, Vietnam earned 3.45 billion USD from exporting vegetables and fruits in the first eight months of 2023, up 57.5% year-on-year. Currently, China remains Vietnam’s biggest veggie and fruit importer, accounting for 65% of the revenue. General Director of Chanh Thu Fruit Export - Import Group Joint Stock Company Ngo Tuong Vy said that although China has tightened control over … [Read more...] about Veggie, fruit exports to China enjoy double-digit growth rate
Exhibition on innovative fabrics opens in HCM City
Visitors view clothes made from recycled fabrics at the Vietnam Texfuture 2023 Fall Winter being held at the Thisky Hall convention centre in Thu Duc city from September 20 to 23. (Photo: VNA) HCM City (VNS/VNA) - Vietnam Texfuture 2023 Fall Winter, an international innovative fabric exhibition , opened in Ho Chi Minh City on September 20. It has the theme "Going recycling - Going circular,” and has attracted more than 15 brands and 200 Vietnamese and foreign exhibitors who are showcasing recycled, functional, natural, and synthetic fabrics, innovative technologies and solutions, textile accessories, eco-friendly fashion, and digital transformation solutions. The event also includes business matching activities, forums where industry experts will speak about new ideas to drive a more sustainable textile industry, and tours to leading garment and textile factories. Speaking at the opening ceremony, Tran Ngoc Liem, Director of the Vietnam Chamber of Commerce and … [Read more...] about Exhibition on innovative fabrics opens in HCM City
MobiFone’s three decades of dedication
MobiFone plays an essential role in Vietnam’s information infrastructure Facing unprecedented challenges in a rapidly changing digital landscape, MobiFone has emphasised enhancing service quality and customer-centricity. After 30 years in business, the company boasts nearly 100,000 BTS stations. Concurrently, MobiFone has seamlessly integrated 5G technology into its repertoire, spearheading commercial broadcasts and ensuring expansive 5G coverage in strategic locales with nearly 100 broadcasting stations. Ranked among the Top 100 most valuable telecom brands globally by Brand Finance 2023, MobiFone has shifted its focus from traditional telecommunications to emerging digital services. The company’s forward-thinking strategy is evident in its expansive digital ecosystem, offering solutions like mobiEdu for digital education, smart radio broadcasting, digital healthcare, digital finance through e-wallets, and MobiFone Money. These digital forays cater to Vietnamese … [Read more...] about MobiFone’s three decades of dedication
French-Vietnamese fashion extravaganza marks milestones in bilateral relations
The French Institute in Ho Chi Minh City has announced an exciting lineup of events under the theme 'Fashion and Design,' which will run from now until the end of 2023, as part of the commemoration of 50 years of diplomatic relations and 10 years of strategic partnership between France and Vietnam. The series of events was unveiled during a press conference held at the French Consulate General Palace on Wednesday, including special talks, exhibitions, film festivals, competitions, and performances featuring renowned figures from both the French and Vietnamese fashion worlds. Fashion and Design season kicks off French Consul General Emmanuelle Pavillon Grosser said that the previous season, titled 'Cuisine,' which ran from January to June, was a resounding success, as it offered a range of captivating events covering various aspects of French and Vietnamese culinary arts. The public had the unique opportunity to explore topics such as the history of bread, culinary … [Read more...] about French-Vietnamese fashion extravaganza marks milestones in bilateral relations
Vietnam news in brief – September 21
Check out the latest events in Vietnam. Vietnam Friendship Medal bestowed on Franco-Vietnamese vaccine specialist Prime Minister Pham Minh Chinh presents the medal to Aurélia Nguyen in New York on Sept 20 (local time). Photo: Nhat Bac/VGP Prime Minister Pham Minh Chinh on September 20 (local time) presented the Vietnam Friendship Medal to high-ranking global vaccine expert Aurélia Nguyen in New York for her efforts and contribution to Vietnam's success in fighting the Covid-19 pandemic. The Franco-Vietnamese vaccine expert is the Chief Program Officer at Gavi, the Vaccine Alliance. Aurélia was one of the key people who helped Vietnam receive 70 million vaccine doses from the Covid-19 Vaccines Global Access (COVAX) initiative. COVAX had pledged some 38.9 million doses to Vietnam. Ho Chi Minh City commemorates Vietnam-Japan diplomatic relations A ceremony was held in Ho Chi Minh City on September 20 to celebrate the 50th anniversary of … [Read more...] about Vietnam news in brief – September 21
Nestlé claims top spot in 2023 Coffee Brew Index
This report recognises that Nestlé has a cohesive and comprehensive sustainability strategy, and that its policies, objectives, and actions incorporate social, environmental, and economic dimensions of coffee production. It also acknowledges Nestlé's dedicated investments to support its work. David Rennie, Nestlé's head of Coffee Brands said, "This is recognition for our long-term commitment to sustainability. Through our flagship programmes, namely the Nescafé Plan and the Nespresso AAA Sustainable Quality drive, we are working every day with coffee farmers to help ensure that the farming and production of coffee is sustainable and socially and economically inclusive. We are committed to continuously progressing and bringing new approaches to sustainable coffee farming." Since the inception of the Nescafé Plan in Vietnam in 2011, Nestlé has supported coffee farmers in making the transition towards regenerative and low-emission agriculture with initiatives to improve soil … [Read more...] about Nestlé claims top spot in 2023 Coffee Brew Index
Vietnam news in brief – September 22
Keep updated on the latest news about Vietnam. Japan's Crown Prince Akishino speaks highly of Vietnam-Japan relations Japanese Crown Prince Akishino (2nd right), Crown Princess Kiko (3rd right), and Truong Thi Mai (4th right), chairwoman of the Vietnam-Japan Friendship Parliamentarians Group, visit a photo exhibition at the ceremony on September 21. Photo: VNA Japan's Crown Prince Akishino praised t he bilateral relations between Vietnam and Japan on September 21 - the day marking the 50th anniversary of establishing Vietnam-Japan diplomatic relations, hoping to contribute to strengthening the ties. Speaking at the celebration ceremony in Hanoi, the Crown Prince expressed pride in the 1,000-year friendship between the two nations and appreciated the affection felt by the peoples of the two countries towards each other. Crown Prince Akishino and Crown Princess Kiko are on a week-long visit starting September 20. They visited the Temple of … [Read more...] about Vietnam news in brief – September 22
Exhibition on innovative fabrics opens in Ho Chi Minh City
It has the theme "Going recycling - Going circular,” and has attracted more than 15 brands and 200 Vietnamese and foreign exhibitors who are showcasing recycled, functional, natural, and synthetic fabrics, innovative technologies and solutions, textile accessories, eco-friendly fashion, and digital transformation solutions. The event also includes business matching activities, forums where industry experts will speak about new ideas to drive a more sustainable textile industry, and tours to leading garment and textile factories. Speaking at the opening ceremony, Tran Ngoc Liem, Director of the Vietnam Chamber of Commerce and Industry’s Ho Chi Minh City branch, said the garment and textile industry has faced difficulties this year, causing exports to fall by 14.4% in the first eight months to 22.5 billion USD. But there are clear signs of recovery with exports increasing steadily for the last four months, he said. “U.S. President Joe Biden's visit to Vietnam this month and the … [Read more...] about Exhibition on innovative fabrics opens in Ho Chi Minh City
Hanoi boosts e-commerce adoption in farm produce sales
Investing in building a strong brand presence and enhancing digital marketing skills are essential investments that can propel businesses forward in the digital transformation era. Hanoi aims to further step up the adoption of e-commerce in farm produce consumption, targeting sustainable development of the local agricultural sector in the technological era, said Acting Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan. Farm produce available on e-commerce platforms. Photo: Ha Phuong/The Hanoi Times "E-commerce platforms serve as a safe and efficient channel for product consumption and play a crucial role in developing brand identities," said Lan. … [Read more...] about Hanoi boosts e-commerce adoption in farm produce sales