Economy in southeast asia

Hanoi (VNA) – Plastic People has been the only Vietnamese innovator in the Top 5 of the Plastic Waste to Value Southeast Asia Challenge to tackle plastic waste mismanagement in the region. The challenge was jointly launched by The Incubation Network, in partnership with the Global Plastic Action Partnership, UpLink by the World Economic Forum, and the Alliance to End Plastic Waste, aiming to accelerate innovative solutions that are focused on p lastic recycling and upcycling in Indonesia, the Philippines, Thailand, and Vietnam. The top five innovators will be participating in the tailored development programme over the course of five months. The challenge received a total of 101 applications through the UpLink platform. Of the total, 48 shortlisted candidates were carefully assessed by academic researchers, corporate sustainability practitioners, innovators, and climate and circular economy specialists. The selected innovators will receive partnership building … [Read more...] about Vietnamese start-up enters top five innovators in plastic waste settlement

American agricultural products are available in many parts of Vietnam and some are becoming well-received in the country of 100 million people. Agriculture plays a prominent role in trade relations between the US and Vietnam, US Ambassador to Vietnam Marc Evans Knapper has said. US Ambassador to Vietnam Marc Evans Knapper at a press conference in Hanoi. Photo: NLD The ambassador shared the idea at the United Tastes of Food and Wine Reception held in Hanoi earlier this week in collaboration between the US Embassy, the California Milk Advisory Board, and the Nebraska Department of Agriculture. To boost the market share of American agricultural products in the Southeast Asian country, relevant agencies are working for further availability. “We are looking for ways to expand US agricultural imports into Vietnam,” Ambassador Knapper said. What Ambassador Knapper said might be true, based on the fact that American agricultural products are safe and … [Read more...] about [Vietnam-US relations] Agriculture – a prominent pillar in US-Vietnam trade: Marc Knapper

Electric motorbikes manufactured by Vinfast. Many UK businesses are looking into electric mobility industry in Vietnamwhich is expected to grow by double digits in the next few years. (Photo: VNA) Hanoi (VNS/VNA) - Many British investors are seeking investment opportunities in Vietnam in the hope of cashing in on free trade agreements ( FTA s) that Vietnam has signed with the UK and other economies worldwide. The UK-Vietnam Free Trade Agreement (UKVFTA), which officially took effect in May 2021, was one of the first trade deals inked by the UK after it left the European Union by the end of 2020, which reflected the importance of Vietnam in the UK’s trade policy. Bilateral trade and investment between the two economies have grown significantly with a growth rate of 17% last year. Data of the Foreign Investment Agency under the Ministry of Planning and Investment showed as of October 20, 2021, the UK had 439 valid projects amounting to nearly 4 billion USD in registered … [Read more...] about More British investors look at Vietnam to cash in on free trade agreements

The opening ceremony of ‘Study Abroad in France Fair: Palez-moi de la France’ organised by the Vietnam Students Association in France (UEVF) and University of Transport Technology. (Photo: utt.edu.vn) HCM City (VNS/VNA) - Nguyen Dang Khoa , who studied hospitality management in Switzerland, told Vietnam News he saw Vietnam as a country with great potential for his industry as it integrates with the world economy. As a person born and brought up in Ho Chi Minh City, he loves it deeply. So, after finishing his degree, returning to Vietnam instead of staying in Switzerland and starting a career there was a no-brainer for him. Nguyen Quang Trung, who studied international business and management at Dickinson College in the US’s Pennsylvania State , also chose to return home after finishing his degree. His decision was based on the fact that in recent years Vietnam has become one of the leading countries in Southeast Asia in economic and other terms. Seeing this … [Read more...] about Vietnamese students abroad return in droves to start career

The Ha Noi-based Soc Son waste-to-energy (WTE) plant. It was connected to the national grid on July 25. — Photo toquoc.vn The UK – Viet Nam Free Trade Agreement (UKFTA) is opening significant opportunities for enterprises from both sides to enhance cooperation in green energy transition and digital transformation as the Southeast Asian country strives to achieve net zero emissions by 2050 and embrace new drivers for economic growth. Viet Nam was making strong efforts towards the goal of becoming a high-income country by 2045, to which digital transformation and energy transition are considered launch pads for the economy. During a visit to the UK from August 10 to 15, Politburo Member and Head of the Party Central Committees Economic Commission Tran Tuan Anh said that Viet Nam had set strategic goals in digital transformation, digital economy and green energy conversion to achieve rapid, sustainable and inclusive growth and net zero carbon emissions as well as adaptation to the … [Read more...] about UKFTA promotes cooperation in digital transformation, energy transition as VN strives for a sustainable future

President Nguyen Xuan Phuc (right) and Kazakh Deputy Prime Minister and Foreign Minister Mukhtar Tileuberdi. (Photo: VNA) Hanoi (VNA) – Vietnam and Kazakhstan should enhance cooperation in areas of good potential such as agriculture, tourism and transportation, President Nguyen Xuan Phuc said at a reception for Kazakh Deputy Prime Minister and Foreign Minister Mukhtar Tileuberdi in Hanoi on August 18. He spoke highly of the visit to Vietnam by the Kazakh official on the occasion of the 30th anniversary of bilateral diplomatic ties, and noted his belief that the visit will contribute to consolidating and promoting the traditional friendship and cooperation between the two countries. Vietnam always attaches importance to the good traditional friendship with Kazakhstan, the President said, expressing his pleasure at positive developments of their bilateral political ties, with the regular exchange of all-level delegations through Party, National Assembly and State … [Read more...] about President suggests Vietnam, Kazakhstan enhance cooperation in areas of potential