Business partnership agreement india

IHG Hotels & Resorts (IHG) – one of the world’s leading hotel companies – and Sun Hospitality Group (SHG) – a member of Sun Group – will expand their decade-long partnership to develop four hotels in Vietnam, offering 2,709 rooms to accommodate increasing demand from domestic and international visitors. The expansion of Ba Na Hills – Vietnam's highland entertainment complex – will feature three IHG brands: Crowne Plaza, Holiday Inn Resort, and voco. In addition, the Holiday Inn Resort brand will make its debut in Quang Ninh Province, at Yoko Park, a large-scale hot-spring resort. Representatives of Sun Hospitality Group and Intercontinental Hotels & Resorts sign a strategic partnership agreement. Photo by SHG The firms have also signed a Memorandum of Understanding (MoU) to explore further projects, beginning with the development of Vignette Collection onsen-wellness resorts and products in Vietnam, in collaboration with world-renowned spa and wellness … [Read more...] about Sun Hospitality Group, IHG Hotels & Resorts sign strategic partnership agreement

Illustrative image (Photo: VNA) New Delhi (VNA) - Vietnam's coastal localities and India’s Kerala state have many opportunities to expand cooperation in seafood-related business, investment and production, a fishery official of Kerala said at a recent online conference – part of trade promotion activities on the occasion of the 50th anniversary of the establishment of the two countries’ diplomatic ties. The event was jointly held on June 22 by the Trade Office under the Vietnamese Embassy in India, the host country’s Marine Products Export Development Authority (MPEDA) and Kerala authorities. Vietnamese Ambassador to India Pham Sanh Chau expressed his belief that through the conference, both sides’ businesses can understand more about each other’s market, and find suitable partners. Van Duc Phu, deputy head of Investment Promotion Division under the Foreign Investment Agency’s Northern Investment Promotion Centre, stated that many Vietnamese localities such as Hung Yen, Nghe … [Read more...] about Efforts made to boost seafood cooperation between Vietnam, India

At the launching ceremony (Photo: Vietjetair.com) Hanoi (VNA) – Vietjet has officially launched four more services linking top destinations of Vietnam and India including Ho Chi Minh City/Hanoi – Mumbai and Phu Quoc – New Delhi/Mumbai. The new routes’ launch ceremony was held in Mumbai during the visit of Ho Chi Minh City’s leaders to Mumbai as Vietnam and India mark their 50th anniversary of diplomatic relations. The ceremony witnessed the presence of Phan Thi Thang, Vice Chairwoman of People’s Committee of Ho Chi Minh City, representatives of Consulate General of Vietnam in Mumbai and Vietjet’s leaders. The Phu Quoc – Mumbai route will operate four weekly flights on every Tuesday, Thursday, Saturday and Sunday, starting from September 8, 2022. The services between Phu Quoc and New Delhi will commence on September 9, 2022 with three weekly flights on Wednesday, Friday and Sunday. The Ho Chi Minh City/ Hanoi – Mumbai routes started operation in early June, 2022. The … [Read more...] about Vietjet launches four routes linking top destinations of Vietnam and India

Illustrative image (Photo: VNA) Hanoi (VNA) – A joint venture between India ’s Adani Group and Vietnam’s Anh Phat Investment Construction & Trading JSC has been approved by authorities of Da Nang to start studying the development of a major seaport in the central city, according to Nhan dan (People) newspaper. Lien Chieu Port will be capable of handling 3.5 – 5 million tonnes of cargo annually in the first phase. It can accommodate vessels of up to 100,000 tonnes and container ships of up to 8,000 TEU. The new port will be of the world class and offer a new engine for the development of Da Nang and Vietnam at large. Insiders said the project can provide 5,000 jobs and contribute up to 80 million USD to the city's coffer, equivalent to around 2.1 percent of Da Nang’s Gross Regional Domestic Product (GRDP), by 2030. The approval was officially granted by the municipal People’s Committee to the joint venture in the presence of Prime Minister Pham Minh Chinh at the … [Read more...] about India conglomerate pledges to invest 10 billion USD in Vietnam

National Assembly Chairman Vương Đình Huệ and his Hungarian counterpart László Kövér sign a new cooperation agreement between the two parliaments in Budapest on Monday. — VNA/VNS Photos Doãn Tấn BUDAPEST — A new cooperation agreement between Việt Nam and Hungary’s national assemblies was assigned by National Assembly (NA) Chairman Vương Đình Huệ and his Hungarian counterpart László Kövér in Budapest on Monday. The document was signed after the two officials spoke at the Hungarian Parliament building, which was part of Huệ’s official visit to the country. The agreement was based on the comprehensive partnership between the two countries, and the cooperation agreement signed between the two national assemblies in 2008. It aims to strengthen the partnership and multifaceted cooperation between Việt Nam and Hungary based on the principles of equality, mutual benefit, mutual respect, compliance with each country's laws, and adherence to international treaties. With the new … [Read more...] about VN, Hungary’s parliaments sign new cooperation agreement

During Indian Defense Minister Rajnath Singh’s visit to Hanoi from June 8 to 10, Vietnam and India released a joint vision statement on defense cooperation towards 2030. Two Indian naval ships, INS SAHYADRI and INS KADMATT under the Flag Officer Commanding Eastern Fleet, Rear Admiral Sanjay Bhalla, NM are making a port call at Ho Chi Minh City Port, Vietnam for three days starting on June 26. Indian officers welcomed in Ho Chi Minh City, Vietnam during the visit on June 24-26. Photos: Embassy of India in Hanoi The visit is special as it coincides with celebrations marking 50 years of diplomatic relations between Vietnam and India. During the visit, there will be lots of activities between personnel of both the navies, official calls, interaction with dignitaries of the Vietnamese Government, guided tours for Indian Naval personnel to historic sites in and around Ho Chi Minh City, sports events, and Passage Exercise by both Indian Navy and Vietnam People’s … [Read more...] about India naval ships visit Vietnam

AVBC President Kiem Dinh speaks at the a conference in Sydney on June 23. (Photo: VNA) Sydney – The Australia-Vietnam Business Council (AVBC) held a conference in Sydney on June 23 to promote trade and investment partnerships through the strengthening of the Australia-Vietnam Enhanced Economic Engagement Strategy that was reached between the two countries in late 2021. Addressing the event, which drew nearly 100 businesses from a variety of sectors, AVBC President Kiem Dinh said that the conference marked a commitment from Vietnam and Australia to promote their partnership in many areas, heading to sustainable and inclusive economic growth in both countries. He said that in 2022, the AVBC and its members are focusing on implementing activities as part of the strategy. For his part, Vietnamese Consul General in Sydney covering New South Wales, Queensland and South Australia Nguyen Dang Thang affirmed that Vietnam-Australia relations are growing based on the foundation of … [Read more...] about Vietnam, Australia promote trade, investment partnership

Shinhan Finance will provide Shinhan Life's life insurance products through its distribution channels as part of an agreement signed on June 28. — Photo courtesy of the company Shinhan Life Insurance Vietnam Limited Liability Company (“Shinhan Life Vietnam”) and Shinhan Vietnam Finance Company Ltd. (“Shinhan Finance”) officially signed a strategic partnership agreement on June 28. Under the framework of the agreement, Shinhan Finance will provide Shinhan Life's life insurance products on Shinhan Finance's distribution channels. “Besides an increasingly diversified life insurance product portfolio, Shinhan Life continues to focus on developing distribution channels, especially business cooperation with Shinhan Group companies," said Lee Eui Chul, General Director of Shinhan Life Vietnam. "In recent years, Vietnamese customers have become more aware of the importance of life insurance, and we will proactively seize these opportunities to provide suitable financial plans for … [Read more...] about Shinhan Life Vietnam, Shinhan Vietnam Finance Company sign partnership

National Assembly Chairman Vuong Dinh Hue holds virtual talks with his Hungarian counterpart László Kövér (Photo: VNA) Hanoi (VNA) – Vietnam and Hungary are looking to step up bilateral partnership in multiple areas and the effective implementation of the EU-Vietnam Free Trade Agreement ( EVFTA ) during National Assembly Chairman Vuong Dinh Hue’s official visit to Hungary from June 26 – 28. Vietnam and Hungary established diplomatic relations on February 3, 1950 and lifted their ties to comprehensive partnership on the occasion of a visit by Party General Secretary Nguyen Phu Trong to the European nation in 2018. The bilateral ties have seen considerable progress since then, with the two sides closely and effectively coordinating and supporting each other at multilateral parliamentary forums. Hungary has been very active in pushing for the ratification of the EU-Vietnam FTA. It was also the first among EU member states to ratify the EU-Vietnam Investment Protection … [Read more...] about Top legislator’s visit to deepen comprehensive partnership with Hungary

International School Ho Chi Minh City featured in Queen’s Official Platinum Jubilee Pageant Commemorative Album Dan Truong set to excite audiences at Sun Fest concert Schneider Electric launches inaugural Global Partner Recognition Program Dettol joins hands with HCMC University Medical Center to celebrate World Hand Hygiene Day Capella Hanoi Hotel ranked among top 100 in the world Marc-Antoine Lucchini, Head of Foundation and General Medicines at Sanofi , recently had a business trip to several Asian countries. Among those countries, Viet Nam was highly evaluated for its potential market for healthcare development. The effort of digital transformation and sustainability commitment from Sanofi Like many countries, Viet Nam is facing heavy burdens of morbidity and mortality caused by non-communicable diseases. Being able to control risk factors, improve disease prevention, make early diagnoses and manage treatments of such … [Read more...] about “Viet Nam is a promising market for healthcare,” Senior global leader of Sanofi shared of his business travel to Asia.