Vientiane (VNA) – The Vietnam Consulate General in the Lao northern province of Luang Prabang and the local Laos – Vietnam Friendship Association have kicked off a host of events to mark the Vietnam – Laos Solidarity and Friendship Year 2022. Addressing the launch ceremony, Vietnamese Consul General Nguyen Dang Hung stressed exchanges of culture, sport, and cuisine are an occasion for tightening the close bond among Vietnamese expatriates, authorities and Lao people in Luang Prabang. This will help foster the great friendship between the two Parties, countries, and peoples, he said. He took the occasion to ask for further support from the local agencies and the Vietnamese community in hosting more celebration activities. Following the ceremony, a culture-sport-food exchange programme took place, featuring a friendly football match, culinary delights, and musical performances./. VNA … [Read more...] about Vietnam-Laos solidarity friendship year celebration in full swing
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Trade revenue set to eclipse 700 billion USD this year
Free trade agreements (FTAs) spurred Vietnam’s bilateral and multilateral trade, with 2022 revenues projected to hit a record 750 billion USD, according to experts. A port in Vietnam (Photo: VNA) Vietnam’s signatory FTAs, especially recent agreements will promote trade breakthroughs and generate major trade surplus for 2022 and build momentum for 2022-23 in the process. Despite Vietnam’s challenges, exports recovered well in the first four months of 2022 to hit 122.4 billion USD, a year-on-year surge of 16.4 percent. The increase was attributed to business resilience and flexibility taking advantage of FTA parameters, notably the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), European Union-Vietnam Free Trade Agreement (EVFTA) and the Regional Cooperation Economic Partnership (RCEP) which took effect at the start of 2022. Nguyen Chanh Phuong, Vice Chairman of the Handicraft and Wood Industry Association of Ho Chi … [Read more...] about Trade revenue set to eclipse 700 billion USD this year
Việt Nam logs 1,239 new COVID-19 cases, no deaths on Friday
A health worker is processing COVID-19 test sample. VNA/VNS Photo HÀ NỘI — Việt Nam registered 1,239 new COVID-19 infections, all domestically transmitted, and no deaths on Friday. The Ministry of Health also announced that 9,365 COVID-19 patients were given the all-clear, bringing the number of recoveries to 9,431,450. Hà Nội still had the most daily infections with 297. This is the first time in six months the capital city has recorded less than 300 new cases in one day. The other localities reporting new transmissions were Vĩnh Phúc (86), Phú Thọ (63), Hải Dương (59), Nghệ An (56), Yên Bái (55), Quảng Ninh (51), Tuyên Quang (43), Nam Định (37), Đà Nẵng (35), Lào Cai (32), Thái Bình (30), Hồ Chí Minh City (30), Thái Nguyên (30), Sơn La (29), Điện Biên (26), Bắc Kạn (25), Lâm Đồng (23), Hà Nam (21), Hà Giang (19), Hà Tĩnh (18), Quảng Bình (18), Hải Phòng (17), Hòa Bình (15), Bình Phước (12), Hưng Yên (12), Ninh Bình (11), Thanh Hóa (11), Bắc Giang (11), Quảng Trị (10), … [Read more...] about Việt Nam logs 1,239 new COVID-19 cases, no deaths on Friday
Mercedes-Benz Vietnam set to open new showroom in OfficeHaus
The showroom, which will replace its old location in Truong Chinh street, will be the most advanced showroom and the first MAR 2020 facility in Ho Chi Minh City. John White, CEO at Vietnam Star Automobile, said that OfficeHaus renders the perfect space and location to cater to the auto company in the Vietnamese market. Vietnam Star Automobile is a division of LSH Auto International − the largest Mercedes-Benz retail dealer group in the world. “We have a couple of criteria in choosing the best location. Aside from being accessible, OfficeHaus sits next door to Vietnam’s largest Aeon Mall, bringing a demographic that is consistent with the Mercedes brand. The property also meets the quality standards of our brand,” said White. OfficeHaus, one of the most highly anticipated additions to Vietnam’s premium commercial real estate, will open its doors in quarter 4 this year. It will deliver a holistic working experience as part of a world-class 82-hectare integrated residential, … [Read more...] about Mercedes-Benz Vietnam set to open new showroom in OfficeHaus
Prudential Plc. names Anil Wadhwani as new Group CEO
Anil Wadhwani is a global financial services leader with more than 30 years of experience – predominantly in Asia – combining a strategic vision and execution in some of the world’s biggest companies. He has a wealth of experience as a customer-centric leader with a strong track record of creating and driving a culture of success. Wadhwani also has significant and proven digital experience, having driven the modernisation of tech platforms across 13 markets in Asia in his previous role. Prudential Plc. has named Anil Wadhwani as the new Group CEO Prior to that, he spent 25 years with Citi Group in Asia-Pacific, Europe, the Middle East, Africa, and the US in a number of financial services roles. Wadhwani was born in 1968, educated in Mumbai, and has worked in Mumbai, Singapore, London, New York, and most recently for nearly five years in Hong Kong. He will take up the new role in February, subject to regulatory approval, and will be based in Hong Kong – where he currently … [Read more...] about Prudential Plc. names Anil Wadhwani as new Group CEO
Students say farewell to their high school years
Twelfth graders of the Việt Đức High School are pictured with their teacher on the graduation day. VNA/VNS Photos Thanh Tùng The special school year of 2021-2022 has just ended, leaving many emotions among students, particularly the 12th graders. They are both happy to be about to embark on a new journey of life but also sad to say farewell to their beloved school, teachers and friends with whom they have not unfortunately had much time to share due to the COVID-19 pandemic. "I will desperately miss the short time my classmates and I spent studying together. Though we had three years of high school, we only had about a year and a half being together, due to the prolonged pandemic," said Thanh Uyên from Phan Đình Phùng High School. Another student, Nhật Minh, added: "We feel very sad when we have to say goodbye after such a short period of time. We hope we will always remember the good times studying together." This photo essay introduce to readers such … [Read more...] about Students say farewell to their high school years
Huge haul in new markets for Việt Nam’s tra fish exports
Processing tra fish for export at a Sao Mai Group factory in the southern province of An Giang. Tra fish exports are projected to surge by 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion. VNA/VNS Photo Vũ Sinh HÀ NỘI — Demand for Việt Nam’s tra fish (pangasius) is up in major markets, driving the export of the catfish overseas, reports the Việt Nam Association of Seafood Exporters and Producers (VASEP). Tra fish exports are projected to surge by a whopping 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion. Besides exporting to traditional markets such as the US and Europe, seafood exporters have expanded markets to take advantage of the new demand. Specifically, Việt Nam has targetted new fish markets in Mexico, Egypt and Thailand. VASEP expert Tạ Hà said that the Mexican market has the largest export value in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) … [Read more...] about Huge haul in new markets for Việt Nam’s tra fish exports
Huge haul in new markets for Viet Nam’s tra fish exports
Processing tra fish for export at a Sao Mai Group factory in the southern province of An Giang. Tra fish exports are projected to surge by 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion.— VNA/VNS Photo Vu Sinh Demand for Viet Nam’s tra fish (pangasius) is up in major markets, driving the export of the catfish overseas, reports the Viet Nam Association of Seafood Exporters and Producers (VASEP). Tra fish exports are projected to surge by a whopping 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion. Besides exporting to traditional markets such as the US and Europe, seafood exporters have expanded markets to take advantage of the new demand. Specifically, Viet Nam has targetted new fish markets in Mexico, Egypt and Thailand. VASEP expert Ta Ha said that the Mexican market has the largest export value in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc. Tra fish … [Read more...] about Huge haul in new markets for Viet Nam’s tra fish exports
☀ Morning digest on May 27
Hanoi, (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. – Senior Party officials of Vietnam and Cuba have agreed that amid the COVID-19 pandemic, regular meetings and exchanges between the two Parties and countries vividly demonstrate their special friendship. Vo Van Thuong, Politburo member and permanent member of the Secretariat of the Communist Party of Vietnam (CPV) Central Committee held online talks with Roberto Morales Ojeda, Politburo member and permanent member of the Secretariat of the Communist Party of Cuba (PCC) Central Committee on May 26. Read full story - Asia needs to play a greater role in maintaining and fostering a peaceful and stable environment conducive to development and prosperity in the region and beyond, on the shared basis of cooperation, understanding, trust and responsibility, Standing Deputy Prime Minister Pham Binh Minh has said. Minh made the suggestion while delivering his remarks at the 27th … [Read more...] about ☀ Morning digest on May 27
Companies from China and India temped to move to Vietnam
Vietnam’s skilled workforce, optimistic economic outlook, and competitive wage prices are among the factors drawing foreign investors’ attention to the country. An estimated 21% of Indian companies that have operations in Southeast Asia or expect to do so in the future show their plan to expand their businesses in Vietnam in the next two years. Whilst, 26% of Chinese corporates in Vietnam are looking to prioritize growth here over the next two years. Car production at Thanh Cong Hyundai Plant. Photo: Viet Dung These are some of the key findings from HSBC Navigator: SEA in Focus , which surveyed more than 1,500 companies from six of the largest economies in the world, including China, France, Germany, India, the UK, and the US – all of which have operations in Southeast Asia or have plans to do so in the future. The survey gauges their sentiment on doing business in Southeast Asia, with a particular focus on trade, digitization, and sustainability. … [Read more...] about Companies from China and India temped to move to Vietnam