Hanoi (VNA) – The Ministry of Industry and Trade (MoIT) will make every endeavour to support Korean enterprises and attract high-quality investment from the Republic of Korea (RoK), Minister Tran Tuan Anh told a workshop hosted by the MoIT in Hanoi on November 26. The workshop was an opportunity for the MoIT and Korean firms to chalk out ways to foster investment and strengthen the multifaceted relations between the two countries. The MoIT has pioneered in providing assistance to entry of Korean experts into Vietnam amid challenges posed by the COVID-19 pandemic, he said, adding that so far, more than 10,000 Korean specialists have been sent to Vietnam this year to work for FDI projects. They are important to ensure the normal operation of the FDI businesses, including those of the RoK, in Vietnam, Anh said. Vietnam has advantages and opportunities to create breakthroughs in the near future as the country has basically brought the pandemic under control and gained increasing … [Read more...] about MoIT pledges to do its best to support Korean firms: Minister
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Vietnam has garnered international praise for its swift and effective response to the Covid-19 outbreak. Vietnam fought the pandemic early, closed its border to foreigners, and imposed social distancing measures on April 1. It lifted these measures on April 22, reopening its economy for business. A recent outbreak in Danang showed that Vietnam is not shy and imposed a lockdown on the city to get a grip on additional cases. … [Read more...] about How US investors’ positive sentiment towards Vietnam grows stronger?
The talks in Hanoi on September 30 between Vietnamese Deputy PM and Foreign Minister Pham Binh Minh (second, right) and UK First Secretary of State and Secretary of State for Foreign, Commonwealth and Development Affairs Dominic Rabb (second, left) (Photo: VNA) … [Read more...] about Vietnam, UK issue joint declaration on strategic partnership
HCM City (VNS/VNA) - For its almost 100 percent success rate in straight-through processing, the Ho Chi Minh City Development Joint Stock Commercial Bank has received the MT202 and MT103 STP awards for international payment services from J.P. Morgan Chase Bank. This is the third year in a row HDBank has won the MT202 award, and the second year it has received the MT103 award. Both are given by J.P Morgan Chase Bank, the US’s largest lender in terms of assets and the world’s largest US dollar clearing agent. HDBank’s STP rates exceed the benchmarks set by global credit institutions. According to JP Morgan Chase and other large institutions and agents providing clearing services in the greenback and euro, the STP rate for international electronic payment is currently 89–90 percent on average. With an exceptional STP rate of 99.94 percent for MT 202 and 99.68 percent for MT103, HDBank was one of the few Vietnamese banks to win the top prize. This underlines … [Read more...] about HDBank wins award for outstanding international payment service
Hue also advised enterprises to apply transport management systems using cloud computing technology that allows for the tracing of product origin and transportation routes, together with other technologies, to strengthen connections and ensure security for customers and partners. … [Read more...] about Forum seeks to boost domestic logistics growth