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Vietnam has lost textile and garment orders to Bangladesh and may be stripped of the position of the second largest exporter of apparel products in the world by the South Asian country due to its tardiness in green transition. Bangladesh has been quicker in greening supply chains. Its requirements to green supply chains have been made clear and improved its exporters’ competitiveness and opportunities to secure orders, Nguyen Minh Duy, general secretary of the Vietnam Logistics Business Association, said at the “Green Linkage – Green Export” seminar held on Thursday. The seminar is part of the ongoing Ho Chi Minh Export Forum and Trade Fair 2023 held at the Saigon Exhibition and Convention Centre in District 7, Ho Chi Minh City. Bangladesh has up to 153 apparel factories meeting Leadership in Energy & Environmental Design (LEED) standards as of this year and 500 others have filed for the LEED certification. The certification is based on a set of performance criteria that … [Read more...] about Vietnam apparel sector loses orders to Bangladesh due to slow green transition

In line with the direction of sustainable development and meeting international requirements for circular economy, the regional linkage strategy between Ho Chi Minh City and other provinces and cities aims at green exports. Strengthening regional linkages and harnessing the strengths of each province and city is crucial to promoting sustainable and green exports, according to experts at a forum on the subject held in Ho Chi Minh City on May 25. The Forum on Strengthening Regional Linkages for Sustainable Green Exports in Vietnam brought together experts from various sectors to discuss key challenges and opportunities facing Vietnam's economy, given the global economic uncertainty and growing demand for sustainable products. Deputy Minister of Industry and Trade Do Thang Hai addressed the event. Photos: Cong thuong newspaper Speaking at the forum, Deputy Minister of Industry and Trade Do Thang Hai said Vietnam's economy faced many challenges in the first … [Read more...] about Strengthening Vietnam’s regional linkages for sustainable green exports

Vietnam introduces high-quality rice products at Thaifex Anuga 2023 in Thailand. (Photo: VNA) Bangkok (VNA) – Nearly 160 Vietnamese food producers are displaying their products at Thaifex Anuga 2023 in Thailand – the largest food and beverage trade show in Asia for retailers, supermarkets, hotels, and restaurants to introduce the latest products and innovations in the food and beverage industry . Many healthy products with integrated quality standards, farm produce, agricultural specialties, and processed products with high added value of Vietnam are displayed at the event. Within the framework of the fair, the Business Association of High-Quality Vietnam ese Products in collaboration with the Vietnam Trade Office in Thailand organised a seminar on green economy and orientations for developing sustainable products in Vietnam, during which scholars from the Thai Ministry of Commerce, the consumers’ association of Thailand, and Central Retail (CRC) shared the host … [Read more...] about Vietnam introduces food, beverage products at Thailand’s trade show

May 18 marked a significant milestone as Apple unveiled its highly anticipated online store in Vietnam. The Apple Store Online promises a refined shopping experience, offering a host of exclusive benefits and personalised services to Vietnamese consumers. Tim Cook, CEO of Apple, took to Twitter to announce the launch, “Apple Store online officially went into operation in Vietnam from today. We excited to bring the best at Apple to even more customers around the world." Deirdre O’Brien, Apple’s senior vice president of Retail, said: “We are honoured to have the opportunity to expand in Vietnam, and extremely excited to be able to provide Apple’s superior care and support to our customers with the launch of the online Apple Store.” From May 18, technology enthusiasts and Apple aficionados across Vietnam can access the virtual storefront, brimming with an array of Apple devices, accessories, software, and services. With the convenience of a personal account, users gain access to a … [Read more...] about Apple store online: a game-changer for tech enthusiasts?

Bui Thi Mao (R), Director of the Hoai Trung Tea Co. Ltd, introduces the “dinh” tea premium product to a foreign customer. (Photo: VNA) Phu Tho (VNA) – The “dinh” tea premium product of the Hoai Trung Tea Co. Ltd, based in Chi Tien commune of Thanh Ba district, the northern midland province of Phu Tho, has been rated five stars at the national level under the One Commune, One Product (OCOP) programme. The Hoai Trung “dinh” tea premium product is the combination of three special varieties planted on the hills of Thanh Ba district and undergoing a special processing technique to create a unique taste. Bui Thi Mao, Director of the Hoai Trung Tea Co. Ltd , said one kilogramme of dried “dinh” tea needs at least seven - eight kilogrammes of fresh buds to be made. After being picked, tea buds must be left to dry naturally for four - five hours before they are put into rubbing and drying machines for processing. Processed tea is evenly curled and as small as nails, called “dinh” … [Read more...] about Phu Tho has first tea product given national five-star OCOP rating

Clients visiting a stall displaying herbal products from Viet Nam at Thaifex 2022. — Photo nongnghiep.vn Thirty-three enterprises and trade and investment promotion agencies across Viet Nam will attend Asia’s largest food and beverage trade show, Thaifex Anuga 2023, in Thailand from May 23-27. The focus is on introducing healthy products, food, agricultural specialities and processed products such as Phu Quoc traditional fish sauce, fruit juice, dried fruit, rice vermicelli, spices, and instant herbal tea. At this year's fair, the Business Association of Vietnamese High-Quality Products also co-ordinates with the Viet Nam Trade Office in Thailand, the representative of the Department of International Trade Promotion (DITP) under the Ministry of Trade of Thailand, and businesses in Thailand to organise seminars on "Thailand's experience in developing green economy and sustainable products" and "Opportunities to penetrate and develop markets for Viet Nam’s green and sustainable … [Read more...] about High-quality Vietnamese products promoted at Thaifex Anuga 2023

Thaifex Anuga 2023 takes place in Thailand from May 23-27. (Photo: Thaifex) Ho Chi Minh City (VNA) – Thirty-three enterprises and trade and investment promotion agencies across Vietnam will attend Asia’s largest food and beverage trade show Thaifex Anuga 2023 which takes place in Thailand from May 23-27. High-Quality Products also coordinates with the Vietnam Trade Office in Thailand, the representative of the Department of International Trade Promotion (DITP) under the Ministry of Trade of Thailand, and businesses in Thailand organised seminars "Thailand's experience in developing green economy and sustainable products" and "Opportunities to penetrate and develop markets for Vietnam’s green and sustainable products". On the sidelines of the events, activities will be organised to connect Vietnamese businesses and guests. Thaifex Anuga 2023 with nearly 4,000 booths of more than 1,000 businesses from over 100 countries around the world is the destination of most of … [Read more...] about Vietnamese high-quality products promoted at Thaifex Anuga 2023

The programme (CFA), which has been supported by the UK government for several years, was launched by virtue of its early results. The initiative in Vietnam is being implemented by PwC Vietnam and the British Embassy. Variety of support on hand to boost green projects “The programme is about supporting private investors to mobilise capital in support of Vietnam delivering its Nationally Determined Contributions (NDCs). We focus on what we call bankable projects and support some of the most promising ones that meet the needs of the Vietnamese economy,” said Ian Milborrow, partner at PwC UK and CFA Global. A call for proposals was launched in December last year. It targeted projects seeking between $5-100 million of capital, either equity or debt finance, and aligned to the objectives set out in Vietnam’s NDCs. Those that have the ability to scale and create a transformative impact on the economy were also prioritised. The programme received over 30 applications for … [Read more...] about Variety of support on hand to boost green projects

Provincial and CPV leaders attended the launch ceremony of 'Eternal gratitude to Uncle Ho' tree-planting campaign and the Prime Minister's programme to plant 1 billion trees "For a Green Vietnam ” The 'Eternal gratitude to Uncle Ho' tree-planting campaign and the Prime Minister's programme to plant 1 billion trees 'For a Green Vietnam' will see trees being planted in Dong Thap and Dong Nai provinces. In response to the Prime Minister's call to plant one billion trees, CPV has implemented the project "CPV - Journey for a Green Vietnam " for 2021-2025, with the goal of planting 1.5 million trees in Vietnam with the budget is more than $1 million. The project started by planting 500,000 trees at the company's factories and farms. It then spread to planting 1 million trees throughout many provinces and cities in Vietnam. The company continues to expand the tree planting project in Dong Nai province with the goal of planting and taking care of 10 hectares of mangroves, and … [Read more...] about CPV expands ‘Journey for a Green Vietnam’ project

The award was based on votes by the judging panel including regulatory agencies, and experts in finance, banking and IT. The event is a prestigious one in Vietnam’s finance and banking sector, which has been running for 11 years. "The milestone has proven the technology and innovation capabilities of Cake by VPBank," a bank representative said. Last year, digital bank Cake collaborated with Be, the on-demand multi-service consumer platform, in releasing a co-branded credit card offering cashback of up to 20% and attractive payment experiences to customers. Previously, this product also received the "Pioneering Digital Partner in Rapid Credit Card Issuance" award from VISA. With Cake’s technology platform, online registration of the credit card is approved within minutes. The cardholders can shop online immediately while waiting for their physical card. Cake is one of a few digital banks capable of issuing international credit cards within the second year of operation. With the … [Read more...] about Cake digital bank wins innovative product award