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Deputy Foreign Minister Ha Kim Ngoc addresses the conference in Hue city, Thua Thien - Hue province, on September 28. (Photo: VNA) Thua Thien - Hue (VNA) – The Government has strongly ordered ministries, sectors, and localities to provide the best possible conditions for foreign non-governmental organisations (NGOs) to operate effectively and stably, Deputy Foreign Minister Ha Kim Ngoc affirmed at a conference on September 28. The conference, held in Hue city by the Ministry of Foreign Affairs (MoFA) and the Thua Thien - Hue provincial People’s Committee, focused on the implementation of the Government’s Decree No 58/2022/ND-CP, dated August 31, 2022, on the registration and management of foreign NGOs in Vietnam. It was attended by over 200 representatives from ministries, central agencies, localities, and foreign NGOs in Vietnam. Addressing the event, Deputy Minister Ngoc, who is also head of the working committee on foreign NGOs, said foreign NGO affairs form an … [Read more...] about Vietnam provides best possible conditions for foreign NGOs: official

Hanoi takes a selective approach to attracting investment, prioritizing projects in high-tech, clean-tech, and environmentally friendly sectors. Hanoi will create conditions for domestic and foreign investors to develop the semiconductor industry in the city and the whole country, said Deputy Chairman of Hanoi People's Committee Nguyen Manh Quyen at the seminar "Development of Semiconductor Ecosystem and Connection for Investment in Hanoi" on September 27 in Hanoi. Delegates at the conference. Photo: The Hanoi Times He stated that the semiconductor industry is of great interest to the Government and the Prime Minister as it enhances Vietnam's participation in regional and global value chains and the development of high technology, electronics, semiconductors, financial centers and innovation. "Prime Minister Pham Minh Chinh encouraged US semiconductor companies to deepen and expand their investments in Vietnam at various stages, including infrastructure … [Read more...] about Hanoi encourages semiconductor investment

Participants at the first meeting of the Vietnam - Colombia Joint Economic Committee (Photo: VNA) Mexico City (VNA) – Vietnamese Deputy Minister of Industry and Trade Do Thang Hai and Colombian Deputy Minister of Trade, Industry and Tourism Soraya Caro Vargas signed a Memorandum of Understanding (MoU) on trade, investment, and industrial cooperation, and co-chaired the first meeting of the Joint Economic Committee of the two countries on September 27 in Bogota. Vietnamese Deputy Minister of Industry and Trade Do Thang Hai (L) and Colombian Deputy Minister of Trade, Industry and Tourism Soraya Caro Vargas (Photo: VNA) The positive growth of two-way trade turnover is clear evidence that bilateral trade relations are increasingly strengthened, she said. bilateral economic relations as well as cooperation within multilateral frameworks. Vietnam – Colombia Joint Economic Committee are a significant step in bilateral economic cooperation, demonstrating the commitment and … [Read more...] about Vietnam, Colombia ink MoU on trade, investment, industrial cooperation

Illustrative image (Photo: VNA) HCM City (VNA) – The Ministry of Labour , Invalids and Social Affairs (MoLISA) held a national conference in Ho Chi Minh City on September 28 to discuss the implementation of a project on building and implementing an action plan to realise goals of the ASEAN Socio-Cultural Community (ASCC) until 2025 (Project 161), in both in-person and online format. The annual event brought together the ASEAN Secretariat in Indonesia, the MoLISA, the Ministry of Foreign Affairs, the Ministry of Industry and Trade, the Government Office, and various ministries and agencies within the ASCC in Vietnam, along with leaders from southern cities and provinces. Speaking at the event, Deputy Minister of Labour, Invalids and Social Affairs Nguyen Thi Ha said during 2021-2022, the MoLISA worked closely with ministries, agencies and localities to complete the action plan to carry out the Project 161, with the majority of the goals outlined in the ASCC being … [Read more...] about Vietnam looks towards ASCC goals for the 2021-2025 period

The festival is expected to attract numerous visitors. The Vietnam Craft Village Festival 2023 will be held from November 9 to 12 in Hanoi to promote craft village products and tourism. Foreign visitors at the Hanoi Gift Show 2022 in October last year. Photo: The Hanoi Times The festival's program includes a ceremony to honor artisans and craftsmen, the opening ceremony, and an international exhibition of craft village products and One Commune One Product (OCOP) goods at the Imperial Citadel of Thang Long. Nguyen Thi Hoang Yen, deputy head of the Department of Economic Cooperation and Rural Development, told a press conference on September 26 that six events will be held in response to the Vietnam Craft Village Festival 2023, including an art show of traditional cultural craft villages, an international workshop on craft villages with about 250 foreign and domestic delegates, a Vietnam-San Marino trade networking workshop with about 100 participants, … [Read more...] about Hanoi to host Vietnam Craft Village Festival 2023

Two weeks ago, the government held a forum to help make the first steps to shape the market of high-efficiency energy-consuming equipment by 2030. The move is made amid the rising pressure to alleviate power outages and achieve the net-zero goal by 2050. More options looked at for energy-efficiency goals, photo VNA The event, on developing the high-efficiency energy-consuming market from policy to implementation, was organised by the Office of the Steering Committee for Energy Efficiency under the Ministry of Industry and Trade (MoIT). One measure discussed was promoting the use of high-efficiency energy-consuming equipment and gradually eliminating outdated technological products. Meanwhile, low-efficiency energy-consuming equipment such as storage water heaters and infrared hobs is prohibited to import, produce, and sell in Vietnam, according to a decision made in May. Dang Hai Dung, deputy chief of the Office of Sustainable Production and Consumption under the … [Read more...] about More options looked at for energy-efficiency goals

In Vietnam, the import of wild-caught lobster larvae is under strict control because of short supply, yet the smuggling of this in-demand shellfish remains rampant on social media, posing immeasurable risks. Many raft owners in Cam Ranh City, Khanh Hoa Province find it difficult to import official lobster larva shipments, while some online sellers offer lobster larvae in great numbers and with plenty of pricing. When buying lobster larvae becomes a gamble Despite being aware of numerous risks in quality, many consumers still go for buying lobster larvae online. "Vendors vaguely claimed that these infant lobsters hailed either from Indonesia or the Philippines,” said Le Phuong Dung, a buyer in Cam Linh Ward, Cam Ranh City. The price per lobster larva peaked at VND60,000 (US$2.46) in July and August, while each cost about VND40,000 ($1.64) at the moment, said Dung. Besides purchasing from a regular contact, she usually orders lobster larvae online as this kind of trading … [Read more...] about Lobster larvae increasingly smuggled into Vietnam

According to the Ministry of Industry and Trade, 72 countries recognize Vietnam as a market economy, including Canada, Australia, Japan, and South Korea. The UK did so recently with an official letter to the effect. Speaking to VnExpress , a Trade Remedies Authority Department official said since its first anti-dumping investigation case against Vietnam in 2002 the U.S. had been considering the country a non-market economy. In a meeting with the U.S. Secretary of Commerce Gina Raimondo in Washington last Tuesday, Prime Minister Pham Minh Chinh proposed the U.S. to soon recognize Vietnam’s market economy status . The need for recognition of Vietnam's market economy status was also in the joint statement between General Secretary Nguyen Phu Trong and President Joe Biden on upgrading the two countries' relations to a Comprehensive Strategic Partnership. The EU also sees Vietnam as a non-market economy. In 2015, while free-trade agreement negotiations were underway, the EU … [Read more...] about Significance of Vietnam being a market economy