Movitel, the telecommunications network of Viettel in Mozambique. There is significant room for Viet Nam and Mozambique to increase trade and investment cooperation. — Photo vneconomy.vn Mozambique could act as a gateway for Vietnamese businesses to penetrate member countries of the Southern African Development Community (SADC), President of the Mozambican Assembly Esperanca Laurinda Francisco Nhiuane Bias said at a meeting with representatives of the Vietnamese business community in Ha Noi on Tuesday. Held by the Viet Nam Chamber of Commerce and Industry (VCCI) and the Mozambique Embassy in Viet Nam, as part of the President of the Assembly's visit to Viet Nam, she called on Vietnamese enterprises to invest in tourism, mining, energy and agriculture, in which Mozambique has potential. She stressed the African nation had established a portal providing information for both private and state-owned firms to support investors. She suggested that Vietnamese and Mozambican … [Read more...] about Mozambique could be gateway for Vietnamese firms to access southern Africa
Garment textile photo
Vietnam-Mongolia cooperation sees significant potential from agriculture: Ambassador
Deputy Minister of Agriculture and Rural Development Tran Thanh Nam (R) and Mongolian Ambassador to Vietnam Jigjee Sereejav at the event. (Photo: VNA) Hanoi (VNA) – Agriculture holds a great potential to help developing cooperation between Vietnam and Mongolia, Mongolian Ambassador to Vietnam Jigjee Sereejav has said. The diplomat made the comment at a recent meeting with Deputy Minister of Agriculture and Rural Development Tran Thanh Nam in Hanoi to discuss the promotion of the bilateral trade of farm produce. Agreeing with his guest, Nam expressed his belief in the nations achieving their 100-million-USD trade goal soon, particularly via strengthening farming collaboration in the time to come. Transport between the sides presents a difficulty which should be tackled to facilitate regular interactions between their enterprises, Nam said. The official noted that he wants to know more about strong agricultural hubs of Mongolia. The ambassador said the countries can … [Read more...] about Vietnam-Mongolia cooperation sees significant potential from agriculture: Ambassador
Vice President Xuân meets Thai Prime Minister Prayut in Bangkok
Vice President Võ Thị Ánh Xuân (left) and Thai Prime Minister Prayut Chan-o-cha in Bangkok had talks in Bangkok on Friday. — VNA/VNS Photo Ngọc Quang BANGKOK — Vice President Võ Thị Ánh Xuân met with Thai Prime Minister Prayut Chan-o-cha in Bangkok on Friday, affirming that Thailand is always one of the leading partners of Việt Nam in the region. At the meeting, the two sides shared the view that the Việt Nam - Thailand enhanced strategic partnership had been thriving in all areas, with growing political trust, rising trade and investment, vibrant cultural and people-to-people exchanges, and expanding locality-to-locality ties. They agreed to increase all-level mutual visits and develop bilateral trade in a balanced and win-win manner to reach US$25 billion by 2025. The teaching of Thai and Vietnamese languages in each other’s countries would continue to be encouraged, and Việt Nam’s cultural and historical values in Thailand upheld, while locality-to-locality and … [Read more...] about Vice President Xuân meets Thai Prime Minister Prayut in Bangkok
Local enterprises lack materials due to China’s ‘Zero COVID’ policy
Tan Phu Plastic Company produces safe products to serve the local market. The "Zero COVID" policy of China means many Vietnamese producers lack input materials. (Photo courtesy of the firm) Hanoi (VNS/VNA) - While many exporters and producers had orders for 2022, they are worried about a possible shortage of production materials because of supply disruptions from China . The worst sufferers were the electronics, wood, textiles, and footwear industries. According to the Ministry of Industry and Trade (MoIT), China was an important market for the export and import activities of Vietnam as it provides the majority of input materials for Vietnam's production, especially electronic components, machinery parts, fabrics and chemicals. MoIT said from 50 to 55 percent of raw materials and accessories for the textile, garment, and footwear industries originated from China. The country was currently implementing the "Zero COVID" strategy, which forced many factories there … [Read more...] about Local enterprises lack materials due to China’s ‘Zero COVID’ policy
Local enterprises lack materials due to China’s ‘Zero Covid’ policy
Tan Phu Plastic Company produces safe products to serve the local market. The "Zero Covid" policy of China means many Vietnamese producers lack input materials. (Photo courtesy of the firm) The worst sufferers were the electronics, wood, textiles, and footwear industries. According to the Ministry of Industry and Trade (MoIT), China was an important market for the export and import activities of Vietnam as it provides the majority of input materials for Vietnam's production, especially electronic components, machinery parts, fabrics and chemicals. MoIT said from 50 to 55 percent of raw materials and accessories for the textile, garment, and footwear industries originated from China. The country was currently implementing the "Zero Covid" strategy, which forced many factories there temporarily stop production to fight the pandemic. The import-export activities in the neighboring country were affected a lot by the shortage of containers at ports. Phan Thi Thanh Xuan, Vice … [Read more...] about Local enterprises lack materials due to China’s ‘Zero Covid’ policy
Ministry listens to firms’ difficulties, pledges to raise support
Ha Nam Textile Company in Phu Ly, Ha Nam. Enterprises are encountering a number of difficulties after the COVID-19 pandemic and needed support to promote business and production recovery. — VNA/VNS Photo Tran Viet The Ministry of Planning and Investment will propose policies to remove obstacles for enterprises and enable them to seize opportunities to accelerate production and business, Minister Nguyen Chi Dung said. Dung promised at a meeting on Monday to listen to the difficulties of enterprises and raise solutions for the second half of this year, saying it was important to identify advantages and opportunities, as well as challenges, to raise policies to support enterprises and enable them to participate and not miss any chances. Enterprises are encountering a number of difficulties after the COVID-19 pandemic which has heavily socio-economic activities hard during the past two years. Labour shortages are one of the most common challenges facing industries. According to … [Read more...] about Ministry listens to firms’ difficulties, pledges to raise support