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General Department of Customs holds a press conference on September 28, announcing the 2023 World Customs Organisation Technology Conference and Exhibition. (Photo: VNA) Hanoi (VNA) – The 2023 World Customs Organisation ( WCO ) Technology Conference and Exhibition - the biggest annual international event of the WCO - will take place in Hanoi from October 10-12. technology -related topics will be discussed during the three-day event, including data analytics, machine learning and artificial intelligence, blockchain, cutting-edge detection technology, and the implications of the growing volumes of e-commerce on customs processes and procedures. customs field such as technology solutions and support for customs operations, tax collection, digital transformation, security, anti-smuggling and trade fraud, and application of artificial intelligence in trade modernisation and development. VNA … [Read more...] about Vietnam to host world customs technology conference, exhibition

Data from WINA estimates that in 2022, China’s national noodle demand amounted to nearly 45 billion servings, followed by Indonesia at 14.2 billion, and Vietnam with 8.48 billion. This means each Vietnamese person consumed an average of 85 packs a year, ranking first globally. The report indicates that the instant-noodle demand among Vietnamese decreased slightly between 2021 and 2022, with the figures down by nearly 1 per cent. However, the 8.6 billion packs sold in 2021 marked an increase of more than 20 per cent compared to 2020. Vietnam is home to about 50 instant noodle producers, offering a diverse range of options and price points. Dominated by four major instant noodle makers, namely Acecook Vietnam, Masan Consumer, Uniben, and Asia Foods, the competition in Vietnam's instant noodle market is becoming fiercer. In 2022, Acecook generated revenues of over $590 million. Annually, it provides the market with more than three billion instant food products each year, making it … [Read more...] about Vietnam among the world’s principal instant noodle consumers

Chairman of the ASEAN Business Advisory Council (ABAC) Arsjad Rasjid (Photo: VNA) Jakarta (VNA) – Southeast Asian companies are evaluating potential investments in African market s so as to support growth and seek new opportunities amidst China’s economic slowdown, said Chairman of the ASEAN Business Advisory Council (ABAC) Arsjad Rasjid. China’s economic recession definitely impacts the Southeast Asian region, which has strong trade ties with the world’s second largest economy, he said. "What is important to see is that we are now looking at other nontraditional markets," Rasjid told Nikkei Assia, adding, "We've talked about Africa." With a population of over 1 billion, Africa is seen as filled with potential future markets by companies from the rest of the world. In late August, Indonesian President Joko Widodo made his first trip to Africa as leader of Southeast Asia's biggest economy. His tour to Kenya, Tanzania, Mozambique and South Africa marked a turn … [Read more...] about ASEAN businesses seek investment opportunities in Africa

Illustrative image (Source: VNA) Geneva (VNA) – Vietnam has leaped two places in the Global Innovation Index (GII) in 2023, ranking 46th out of 132 countries and territories, according to a GII report released by the World Intellectual Property Organisation (WIPO) on September 27. According to the report, Vietnam has continued to show progress in converting innovation input into output performance. The country has jumped from 59th position in 2022 to 57th position in 2023 in terms of input level, while its output level was up one place to 40th position. The GII input pillars include institutions, human capital and research, infrastructure, market sophistication, and business sophistication. Meanwhile, the output performance are knowledge and technology outputs and creative output. Vietnamese scientists making NanoDragon satellite (Photo: VNSC) Particularly, Vietnam has maintained its second position among lower middle-income countries in the overall GII after … [Read more...] about Vietnam leaps two places in global innovation index in 2023

Protesters hold a placard portraying Britain's Prime Minister Theresa May during a march in central London calling for an end to the "crisis" in the state-run National Health Service (NHS). (Daniel LEAL-OLIVAS/AFP) NHS staffing levels have been in crisis for months, an issue made worse by a winter flu outbreak. The public health service is a highly-emotive political issue, and controversially formed the centre-piece of the succesful pro-Brexit campaign during the 2016 referendum. Protesters carrying placards reading "NHS not for sale", and "Hands off our NHS", braved the cold and rain to demand that the government pump more money into the system, and roll back the influence of the private sector in the public-funded service. Hospital campaigner Tamsyn Bacchus demonstrated with a life-size replica vulture and an NHS placard, fearing that the free-at-point-of-use service was moving towards a US style user-pay system. "I have faith, and so do all these folk here, that it's so … [Read more...] about Thousands protest over UK health service

Bach Hoa Xanh is Vietnam's third-largest grocery chain GIC is among the bidders looking to acquire a stake in Bach Hoa Xanh in a transaction that could increase the grocery chain's valuation to $1.5-1.7 billion. Other bidders include companies from Thailand. The deal is slated to be wrapped up in the first quarter of 2024 if the negotiations are successful, as reported by Reuters . "The deal is nearing the finalising stage and is expected to close soon," a source with knowledge of the matter said. Mobile World said, "Information will be announced once the deal is concluded. The company is still in a private placement and has signed an agreement not to disclose information with interested bidders." Established in 2015, Bach Hoa Xanh, backed by Vietnam's retail giant Mobile World Investment, runs more than 1,700 stores in Vietnam's southern and south-central provinces. Mobile World has now decided to proceed with the planned sale after putting it on hold earlier this … [Read more...] about Singapore’s GIC eyes potential M&A deal in Vietnam’s retail sector

Bangkok strengthen fire protection in mini apartment buildings (Photo: VNA) Bangkok (VNA) - As the busiest and most crowded city in Thailand, Bangkok is a destination for many people come to study, work and make a living. Therefore, the local authorities have always paid attention to ensuring  safety and fire prevention in mini apartment buildings . The first regulations on fire protection systems in new buildings in Thailand were passed in 1992, which only required high-rise buildings to install minimum fire protection systems. After that, ministerial-level regulations in 1994, 1997, 2000 and 2005 became increasingly specific and detailed with more stringent conditions on fire protection . In July, an inspection carried out by the Bangkok Metropolitan Administration found that almost 10,000 emergency fire extinguisher units across the capital's 50 districts need to be urgently replaced. BMA also prepared a budget to buy 30,000 fire extinguishers to replace … [Read more...] about Bangkok strengthen fire protection in mini apartment buildings

The program is dedicated to the 10 young women volunteers who gave their lives for the victory of Dong Loc during the anti-American war. An art performance celebrating the 55th anniversary of the Dong Loc Victory is being produced by the Vietnam Women's Museum and director Le Quy Duong. Titled Huyen Thoai Thanh Xuan (Legend of Youth), the performance is dedicated to 10 young female volunteers who gave their lives for the Dong Loc Victory during the anti-American war. Dong Loc T-junction is located in Dong Loc Commune in the Central province of Ha Tinh, on the legendary Ho Chi Minh Trail. The stage is designed to recreate the Dong Loc battlefield. From 1965 to 1968, the US Army dropped nearly 50,000 bombs and fired tens of thousands of missiles on the Dong Loc T-junction to cut off the transport route to the southern front. To keep the traffic flowing, all human resources were mobilized to clear the road. Ten girls between the ages of 17 and 24 … [Read more...] about Dong Loc battlefield re-enacted at Hanoi museum

Located in the heart of Hanoi and HCMC’s bustling business districts, the two world-class, energy-efficient buildings are wholly owned and developed by Techcombank. The unveiling of its new headquarters comes as Techcombank celebrates its 30th anniversary and confirms its position among the leading banks in Asia. The two buildings were designed by the world-renowned architectural firm Foster + Partners and are the first buildings designed by the firm to be opened in Vietnam. Each building has a unique design that reflects the historic and cultural heritage of the city. Inside, open designs aim to bring people together to facilitate collaboration and innovation. Jens Lottner, CEO of Techcombank, said that the new headquarters were now in two world-class financial buildings in prime locations in Hanoi and HCMC. The designs by Foster + Partners have created open and collaborative working environments that will encourage innovation … [Read more...] about Techcombank unveils new headquarters in Hanoi, HCMC

Featured Bangkok, Hanoi, Jakarta (GMT+7) Oldest Latest Has news updated 90'+8 Time's up Vietnam suffered a heavy 0-7 defeat against Japan in the last round of Asian Games women's football group stage. 90'+3 7-0 Japan showed no sign of slowing down as Osawa scored her second goal of the game with a great shot. 90' Seven minutes are added to the second half. 84' Vietnam almost conceded another goal when Chiba's header hit the bar. 77' Chiba made it 6-0 Despite defending in large number, Vietnam couldn't stop Japan from scoring as Chiba completed her double with an easy tap-in. 71' Vietnam made two more substitutions in an effort to avoid conceding more. 70' Japan subbed out their goalkeeper. 69' 5-0 for Japan Haruka Osawa broke the offside trap before chipping it over … [Read more...] about Japan thrash Vietnam 7-0 in Asian Games women’s football