E trade investment

PM Nguyen Xuan Phuc at the the Lang Son investment promotion conference, Lang Son, September 30, 2019 - Photo: VGP/Quang Hieu The Government leader made the point on September 30 in Lang Son at the Lang Son investment promotion conference.  “Hot spot” in Vietnamese tourism map The PM pointed out five big changes in Lang Son province namely (1) strong, evenly, and comprehensive socio-economic development, improved people’s living standards; (2) the operation of the 64-km Bac Giang-Lang Son Express; (3) over 200-km border line with Guangxi province of China; (4) improved investment environment; and (5) and changing face of Lang Son city.  The PM also stressed local advantages including border economy and tourism.  Lang Son province locates in the first point of the Nanning economic corridor-Lang Son-Ha Noi-Hai Phong and serves as a gateway for not only Viet Nam but also ASEAN to connect with Guangxi province and the Southern region of China in … [Read more...] about Lang Son investment promotion conference opens

Hanoi (VNA) – The 16th China-ASEAN Expo (CAEXPO) and the 2019 China-ASEAN Business and Investment Summit (CABIS) will take place in Nanning, capital of China’s Guangxi Zhuang Autonomous Region, from September 21-24. Vice Chairman of the Guangxi Zhuang Autonomous Region Yang Jinbai said having been held successfully for 15 straight years, CAEXPO has become an international event with considerable influence in promoting economic ties between China and the Association of Southeast Asian Nations (ASEAN). It provides a platform for dialogues among leaders and ministers of ASEAN and China to enhance cooperation between the two sides and help build a sustainable ASEAN Community and China. Yang said in the 15 previous editions, CAEXPO attracted a total 746,000 entrepreneurs, helping with the implementation of major projects like the China-Malaysia Twin Parks and the China-Indonesia Economic and Trade Cooperation Zone, along with the upgrade of the ASEAN-China Free Trade Area. … [Read more...] about Expo, summit to further drive ASEAN-China cooperation forward

Việt Nam's internet economy has developed strongly in the past, including growth of e-commerce in all fields of the socio-economy. Trần Văn Trọng, Chief of the Việt Nam E-Commerce Association’s Office, told to Vietnam News Agency about this issue. Trần Văn Trọng, Chief of the Việt Nam E-Commerce Association’s Office A recent joint study on Southeast Asia’s internet economy by 2025 of Google and Temasek Holdings, said value will reach US$33 billion by 2025. What are your thoughts about this figure and the potential of Việt Nam’s internet economic development? In Việt Nam, the internet economy and e-commerce are similar. Việt Nam’s e-commerce includes online retail, online travel, social media and motorbike and car booking services including fast food delivery. Many other fields are gradually participating in e-commerce market such as education and health care services. … [Read more...] about Việt Nam needs sustainable e-commerce development

How did the Shop & Store Vietnam get started? As the industry continues to embrace the wider international community, being attracted by over 95 million people and accounted as young population of consumers with 60 percent are aged under 30, multinational retail and franchise groups have taken active steps to penetrate the market in Vietnam. According to the Ministry of Industry and Trade, within 10 years, from 2007 to 2016, Vietnam had witnessed the arrival of 164 foreign franchises bringing 201 brands. Food & Beverage franchises comprise 40 percent of those, including KFC, Lotteria, Jollibee, Pizza Hut, Starbucks, McDonald’s, Domino’s Pizza, Popeye’s Chicken and Texas Chicken. Meanwhile, domestic retailers with the upper hand at the first-mover stage will also need to prepare themselves for the more intense competition. Not just the guarantee of good quality premises that are affordable, technology is also a new key competitive issue for any franchisor and … [Read more...] about Shop & Store Vietnam 2018: Defining new concept for retail and franchise

1. The Prime Ministers of Viet Nam and Australia, on the occasion of Prime Minister Morrison's first official visit to Viet Nam from 22 to 24 August 2019, reiterated their mutual commitment to a strong and ambitious bilateral relationship during their talks. 2. The Prime Ministers emphasised that Viet Nam and Australia are strategic partners, with a shared neighbourhood and common outlook. They recognised each other’s increasing importance, both bilaterally and as partners in the Indo-Pacific as well as in the international community. 3. The Prime Ministers acknowledged that the partnership is founded on a basis of mutual respect, mutual trust, converging interests and deepening links. They agreed to increase the depth and breadth of engagement between the two countries in advance of the 50th anniversary of diplomatic relations in 2023. To this end, they agreed that Viet Nam and Australia’s Plan of Action for the Strategic Partnership for the period of 2020-2023 will … [Read more...] about VN-Australia Joint Statement on occasion of PM Morrison’s visit