Hanoi to lao cai

Prime Minister Nguyen Xuan Phuc speaks at the meeting. (Photo: VNA) Hanoi (VNA) – Trade cooperation was a spotlight of the Vietnam-Laos relationship in the first ten months of this year, with revenue reaching 940 million USD. The figure was unveiled at a meeting of permanent Cabinet members in Hanoi on December 7 under the chair of Prime Minister Nguyen Xuan Phuc. The two-way trade is projected to hit 1.1-1.2 billion USD in 2019, up 12.6 percent year-on-year, surpassing the targets of 1 billion USD and 10 percent set by the Government. Vietnam has become the third biggest investor in Laos with 413 projects valued at 4.22 billion USD, with the most outstanding a joint venture of Viettel Military Industry and Telecoms Group (Viettel), projects of Vietnam Rubber Group, Muong Thanh Hotel, Crow Plaza, LaoViet Bank and Xekaman 1 hydropower plant. Besides, Vietnam has committed to providing 3.25 trillion VND (139.8 million USD) in non-refundable aid for Laos during the 2016-2020 … [Read more...] about Vietnam-Laos trade hits 940 million USD in ten months

The figure was unveiled at a meeting of permanent Cabinet members in Hanoi on December 7 under the chair of Prime Minister Nguyen Xuan Phuc. The two-way trade is projected to hit 1.1-1.2 billion USD in 2019, up 12.6 percent year-on-year, surpassing the targets of 1 billion USD and 10 percent set by the Government. Vietnam has become the third biggest investor in Laos with 413 projects valued at 4.22 billion USD, with the most outstanding a joint venture of Viettel Military Industry and Telecoms Group (Viettel), projects of Vietnam Rubber Group, Muong Thanh Hotel, Crow Plaza, LaoViet Bank, and Xekaman 1 hydropower plant. PM Nguyen Xuan Phuc speaking at the meeting Besides, Vietnam has committed to providing 3.25 trillion VND (139.8 million USD) in non-refundable aid for Laos during the 2016-2020 period, including 707 billion VND in the 2019 fiscal year, up 18.4 percent against the previous year, aiming to help the neighboring country implement projects on … [Read more...] about Vietnam – Laos trade hits 940 million USD in ten months

Hanoi Run for Children 2019 collected nearly 1.2 billion VND to support disadvantaged children with cancer and congenital heart diseases.   (laodongthudo.vn) The run was co-hosted by the Vietnam – Canada Friendship Association (VCFA), the Hanoi Union of Friendship Organisations, and the Canadian Embassy in Vietnam. President of the Hanoi Union of Friendship Organisations Nguyen Phuong Nga said the event has connected kindhearted people to support disadvantaged children across the country. “The Run is a community good deed to build a society of compassion. It illustrates the friendly relationship between Hanoi, Vietnam and Canada,” Mrs. Nga said. All the donations will be spent on supporting disadvantaged children with cancer and congenital heart diseases at the Vietnam National Children’s Hospital, the Hanoi Heart Hospital, and the Heartbeat Vietnam of VinaCapital Foundation. … [Read more...] about Hanoi Run for Children 2019 supports disadvantaged children nationwide

SEVEN.AM products on display at an outlet. Photo courtesy of SEVEN.AM. All six SEVEN.AM stores in the capital city opened after the Vietnam Directorate of Market Surveillance said it did not find any sign that the chain had replaced made-in-China labels on its products with Vietnamese ones as reported by local media. However, Hanoi-based MHA Jsc, which owns the SEVEN.AM brand, was fined VND110 million ($4,740) for some labeling mistakes, including listing incorrect information on its products including year of production and material used, the directorate said in a statement. Another company, Thu Ky International Fashion, a franchisee of SEVEN.AM, was fined VND60 million ($2,585) for similar mistakes. The directorate’s investigation found that a manufacturer of SEVEN.AM products in Ha Dong District had imported goods from China in 2017 and 2018, but had sold all of them. It does not sell them any longer, the directorate said, but did not state whether or not the labels on … [Read more...] about Fashion brand SEVEN.AM resumes Hanoi business

Chairwoman of the National Assembly Nguyen Thi Kim Ngan leaves Hanoi on December 8 for official visits to Russia and Belarus. (Photo: VNA)   Hanoi (VNA) – Chairwoman of the National Assembly Nguyen Thi Kim Ngan and a high-ranking delegation of the Vietnamese NA left Hanoi on December 8 for official visits to Russia and Belarus. Her visit to Russia is made from December 8 – 11 at the invitation of Chairwoman of the Federation Council V. Matviyenko and Chairman of the State Duma of Russia V. Volodin. She will visit Belarus from December 12 – 14 at the invitation of Chairman of the Council of the National Assembly Mikhail Myasnikovich and Chairman of the House of Representatives of the National Assembly Vladimir Andreichenko. She is being accompanied by Deputy Prime Minister Vuong Dinh Hue and Vice Chairman of the National Assembly Uong Chu Luu, among other senior officials. They are Ngan’s first visits to Russia and Belarus as a NA Chairwoman, which are … [Read more...] about NA Chairwoman leaves Hanoi for Russia, Belarus visits