China service sector

How much will Japan work with Vietnam and ASEAN to help with the energy transition? Kinoshita Tadahiro, director general of Sojitz Vietnam and president of the Japanese Chamber of Commerce and Industry in Vietnam We highly appreciate the government and related ministries for the national green growth strategy, as well as the action plan on green energy transition and reducing carbon and methane emissions of the transportation sector. Completing the legal framework is an important factor to achieving this goal. In the context of increasing energy demand in Asian countries, the Japanese government is ready to cooperate with ASEAN countries in the energy transition process by providing more financial and technical support for testing and applying emission-reduction technologies. Accordingly, Japanese businesses wish to contribute to an effective energy transition in Vietnam by increasing private investment and applying deflation technologies, aiming to achieve … [Read more...] about Green-focused businesses ready for cooperation

The banking sector assumes a vital role in introducing innovative financial instruments and suitable investment methodologies to enable Vietnam to achieve its net-zero emissions goal by 2050. The banking sector, as a key capital mobilization channel for the economy, is responsible for  “greening” investment capital flows for Vietnam to ensure the goal of sustainable development. Overview of the conference. Source: SBV Vice Governor of the State Bank of Vietnam Pham Thanh Ha made the remarks at a conference themed “Greening the Financial Sector: Accelerating transition to a low-carbon economy in Vietnam” held today [September 21]. According to Ha, Vietnam has historically maintained very low greenhouse gas (GHG) emissions. In absolute terms, Vietnam's GHG emissions reached 364 million tons of carbon dioxide (CO2) in 2018, constituting a mere 0.8% of the world's total emissions. However, over the past two decades, the country has experienced the fastest … [Read more...] about Greening finance accelerates Vietnam’s SDG implementation

Kim Dooyoon, CEO of JB Securities Vietnam What is your assessment of the financial landscape of the country, and how have you seized opportunities? In the last three years living and working in Vietnam, I have found that for Vietnamese business, the main source of financing is mostly from banks, and the capital markets are in the early stage compared to peer countries in Asia. As Vietnam's economy grows fast compared to other countries, I expect that its capital markets will also grow to meet the funding needs from the industries, based on my experience and study in Korea and the US. With this expectation, I have decided to focus on the debt capital market first since I joined JB Securities Vietnam (JBSV) three years ago. In particular, in the last two years, JBSV has advised corporate bond issuances and made commitments to invest more than 1 trillion VND. Thanks to our strong financial analytical skills and advanced risk management scheme on the bonds, JBSV has been … [Read more...] about JB Securities strives to contribute to development of Vietnam’s capital markets

Farmers are having to adapt to new methods, and experts are here to assist, photo Le Toan At last week’s seminar on Vietnam-Japan cooperation on green growth in Hanoi, a representative of the Ministry of Agriculture and Rural Development (MARD), said that Vietnam-Japan cooperation in agriculture could double or even triple in the coming decades. Nguyen Do Anh Tuan, general director of the MARD’s International Cooperation Department, highlighted some key areas for Vietnam, including improving plant varieties, high-tech production and processing, forest protection, capital investment and mitigating the effects of natural disasters. Some localities in the country have shown great interest in adopting Japan’s high school agriculture education model, which aims to provide agriculture knowledge to students along with high school-level general education. The model, which has been piloted in the northern province of Nam Dinh, has proven popular with students from across the country. … [Read more...] about Japan at fore of experience in agriculture

Vietjet aircraft (Photo courtesy of Vietjet) HCM City (VNA) - During this year’s Mid-Autumn Festival , Vietjet flights are full of joy with reunion and endless love for passengers. Many 0 VND tickets, excluding taxes and fees, will be available from September 22-29, 2023 on the website www.vietjetair.com and Vietjet Air mobile app will bring you to explore Mid-Autumn Festival across Asia, and receive surprised gifts from Vietjet at the height of 10,000 meters. Accordingly, Vietjet offers promotion tickets from only 0 VND (excluding taxes and fees) throughout the golden week from September 22-29 on the website www.vietjetair.com and Vietjet Air mobile app, applying to all domestic and international flights with flexible flight schedule from October 9, 2023 to October 31, 2024. To receive the Mid-Autumn Festival 2023 promotion, let’s book the tickets to enjoy the stunning scenery throughout Vietnam , Australia, India, the Republic of Korea, Japan, Hong Kong (China), … [Read more...] about Vietjet offers 0 VND tickets during Mid-Autumn Festival

During the 78 th UN General Assembly High-Level Week in New York, Vietnamese Prime Minister Pham Minh Chinh met with top executives from global giants, including the space exploration tech firm SpaceX on September 20. In a notable discussion, PM Chinh met with Tim Hughes, senior vice president in charge of Global Business and Government Affairs at SpaceX. During their conversation, Hughes said, "SpaceX is planning an investment of approximately $500 million in Vietnam, and we're keen on obtaining a licence to introduce our Starlink services in the country." Chinh warmly welcomed SpaceX's proactive investment proposal and encouraged the company to "coordinate with Vietnamese agencies and relevant entities to expedite the project's deployment." Additionally, it's essential to consider competitive pricing to align with Vietnam's developmental objectives and legal framework," Chinh said. The PM emphasised the need for SpaceX to collaborate with Vietnam's Ministry of Planning … [Read more...] about SpaceX targets $500 million investment in Vietnam

An overview of the workshop (Photo: VietnamPlus) Hanoi (VNA) – A new era of digital media , digital technology, technological convergence, and content convergence has taken shape and is growing strongly. In that context, the model of “ digital newsrooms ” has become an inevitable trend of press agencies. Content and technological convergence is considered the key to opening up new operations for modern journalists and newsrooms. So said Le Quoc Minh, member of the Party Central Committee, Vice Chairman of the Party Central Committee’s Commission for Information and Education, President of the Vietnam Journalists Association and Editor-in-chief of the Nhan Dan (People) newspaper, at a workshop on technology application to digital newsroom governance held in Hanoi on August 17. “Technology helps us keep up to date” Minh said newsrooms in the digital era are facing a number of challenges related to competition with social media platforms and online services, … [Read more...] about ‘Digital newsrooms’ a comprehensive facelift for press agencies

In early September, the U.S. Department of Commerce (DOC) lowered anti-dumping duties on frozen tra fish filets from Vietnam following its latest preliminary conclusion. The Federal Register, the daily journal of the U.S. government, published the preliminary results of the 19th anti-dumping duty administrative review (POR19) by DOC on Vietnam’s frozen tra fish filets exported to the U.S. in the August 1, 2021 - July 31, 2022 period. Accordingly, the U.S. authority determined that two Vietnamese companies, Vinh Hoan Corporation and Can Tho Import Export Seafood Joint Stock Company (Caseamex), which were selected for individual examination as mandatory respondents, will enjoy a tax rate of 0 USD per kilo and 0.14 USD per kilo, respectively. A rate of 0.14 USD per kilo will be applied to other companies including Cafatex Corporation, International Development and Investment Corporation, Loc Kim Chi Seafood Joint Stock Company, and Hung Vuong Corporation. The preliminary tax rate … [Read more...] about Good news for Vietnam’s tra fish exports to U.S.

Illustrative photo (Photo: VNA) Hanoi (VNA) – Vietnam’s tra fish exports to the US is expecting a better outlook in the remaining months of this year after getting some good news. In early September, the US Department of Commerce (DOC) lowered anti-dumping duties on frozen tra fish filets from Vietnam following its latest preliminary conclusion. The Federal Register, the daily journal of the US government, published the preliminary results of the 19th anti-dumping duty administrative review (POR19) by DOC on Vietnam’s frozen tra fish filets exported to the US in the August 1, 2021 - July 31, 2022 period. Accordingly, the US authority determined that two Vietnamese companies, Vinh Hoan Corporation and Can Tho Import Export Seafood Joint Stock Company (Caseamex), which were selected for individual examination as mandatory respondents, will enjoy a tax rate of 0 USD per kilo and 0.14 USD per kilo, respectively. A rate of 0.14 USD per kilo will be applied to other … [Read more...] about Good news for Vietnam’s tra fish exports to US