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  Deputy head of the Party Central Committee’s Commission for Information and Education and Minister of Information and Communications Nguyễn Mạnh Hùng receives Vice President of China’s Xinhua News Agency Zhang Sutang on Tuesday. — VNA/VNS Photo Dương Giang   HÀ NỘI – Deputy head of the Party Central Committee’s Commission for Information and Education and Minister of Information and Communications Nguyễn Mạnh Hùng hosted a reception in Hanoi on Tuesday for Vice President of China’s Xinhua News Agency Zhang Sutang. Zhang is making a working visit to Việt Nam from October 14 – 18 at the invitation of the State-run Vietnam News Agency (VNA). Minister Hùng expressed his delight at the outcomes of co-operation between the VNA and Xinhua over the years, which he said had contributed to popularising each country’s external policies, enhancing friendship between … [Read more...] about Xinhua to expand cooperation with Vietnam News Agency

Plastics industry confident of achieving 3.2 billion USD export target The local plastic industry, with solid growth in shipments, will surely meet its yearly export target of 3.2 billion USD, according to the Vietnam Plastics Association. According to Ho Duc Lam, its chairman, said exports saw impressive growth last year to 3 billion USD while overall revenues jumped to 12 billion USD. “Exports in the first nine months of the year increased by 5 percent and will continue to enjoy good growth in the rest months of the year. “The US-China trade war has offered opportunities to Vietnamese plastics firms to boost exports.” According to the association, exports go to more than 150 countries and territories, with the US and Japan being key markets. In the domestic market, some industries, even those such as aerospace which use high-grade materials, are shifting to plastic products, and as a result sales have grown rapidly, Lam said. Locally-made plastic products are … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 16

Vietnam’s wood firms should apply technologies to increase competitiveness Chairman of the Handicrafts and Wood Industry Association of Ho Chi Minh City (HAWA) Nguyen Quoc Khanh said Vietnam’s wood processing firms should apply technologies and take heed to production models to increase competitiveness. Advancement of CNC precision technology plus new technologies such as artificial intelligence, big data, cloud computing, and robots have helped woodworking technologies to make progresses. Vietnam is approaching to be a major furniture supplier in the world in this time when many US importers are shifting China orders to many countries including the Southeast Asian. However, the wood processing industry has faced challenges when more foreign investment capital has poured in the country. From the early this year, forestry industry showed a strong increase in export value from the beginning of the year. Overseas shipment of forestry product exports in first nine month … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 21

The EU-ASEAN Business Council today launched a new publication: 'Growing a Stronger Digital Future in Southeast Asia'.The paper focuses on the policies needed to bring the full benefits of the Fourth Industrial Revolution to Southeast Asia, as a follow-up to the first paper 'Ensuring Success for the Digital Economy in ASEAN' which was published in 2018.The EU-ABC recommends ASEAN Member States allow for freest possible flow of data, faster development of digital infrastructure and opening to increased foreign investment, common standards and approaches to e-Commerce, and enhancements in education to equip the people of Southeast Asia to meet the increasing demands of the digital age.The EU-ABC continues to encourage ASEAN Member States to adopt proposals advocated by ASEAN and international business groups to facilitate faster and simplified customs clearances for low value shipments which would help MSMEs and boost e-commerce in ASEAN.The EU-ABC also calls for greater collaboration … [Read more...] about EU-ASEAN Business Council Launches Second Position Paper on The Digital Economy in ASEAN: Calls for Comprehensive Regional Approach to Ensure Maximum Benefits of Digital Economy Are Achieved

Vietnam’s high-ranking military delegation visits EU Vietnamese Minister of National Defence General Ngo Xuan Lich Vietnamese Minister of National Defence General Ngo Xuan Lich is leading a high-ranking military delegation to visit the European Union (EU) from October 14-19. The visit is made at the invitation of Vice President of the European Commission and High Representative of the European Union for Foreign Affairs and Security Policy Federica Mogherini. The two sides will ink a Framework Participation Agreement (FPA) to establish Vietnam’s engagement in the EU’s crisis management activities. The Vietnamese delegation’s visit and the signing of the FPA aim to boost defence relations with the EU, which is in line with the spirit of the EU-Vietnam Partnership and Cooperation Agreement. The move also shows Vietnam’s responsibility in promoting joint efforts to bring peace to the region and the world./. Vietnam attends int’l law development … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 16