An Indian businesswoman receives BRIA 2022 Vietnam Award (Photo: VNA) HCM City (VNA) – The India n Consulate General in Ho Chi Minh City, in collaboration with the Vietnam-India Friendship Association in the city, organised a people-to-people exchange meet on June 25. Consul General Madan Mohan Sethi said that the gathering is part of the activities in celebration of the 50th anniversary of the establishment of Vietnam-India diplomatic ties, with a hope to strengthen mutual understanding, and consolidate and develop the solidarity and friendship between the Indian people and people of Vietnam in general and Ho Chi Minh City in particular. He noted that potential for bilateral cooperation remains huge, especially in the fields of mutual interest such as economics, trade, culture, tourism, education and training. The diplomat committed to doing his best to connect economic and trade cooperation between the two countries’ businesses, promote cultural and … [Read more...] about India-Vietnam people-to-people exchange meet held in HCM City
How to set up a business meeting
Hanoi applies IT to enhance value of agricultural products
A worker produces anti-counterfeit stamps at Tien Duong Organic Agricultural Cooperative in Hanoi (Photo: VNA) Hanoi (VNS/VNA) — Despite production and market difficulties due to the pandemic and climate change, many districts, firms and organisations in Hanoi 's agricultural sector have remained strong thanks to the application of science and information technology. It has helped them improve their products’ value and meet the technical requirements of import markets. In the past few years, Hanoi’s agriculture sector has implemented many programmes and solutions to support businesses and cooperatives to promote the application of information technology in the production and processing of agricultural products, which have brought many benefits, such as increasing the product value, food safety management and product information transparency. Tran Sy Hung, Director of Nghia Minh Mushroom cooperative in Dan Phuong district, said his cooperative had applied information … [Read more...] about Hanoi applies IT to enhance value of agricultural products
Electronic documentation system fundamental to digital economy
Illustrative photo (Source: vneconomy.vn) Hanoi (VNA) – Enterprises are gradually switching to an electronic documentation system , underpinning the nation’s efforts to develop the digital economy . A survey conducted by the Ministry of Industry and Trade in 2021 revealed that at least 33% of the surveyed businesses use e-contracts in their commercial activities. The application not only helps firms and their customers be more efficient, but also contributes to reducing the impact of the COVID-19 pandemic and the gap in commercial transactions. The Bkav DX Platform has hosted e-contracts for more than 3 years. As a result, it helped companies save 70% of printing and delivery costs annually and shortened the process of providing products to customers by 50%. A representative of FPT Information System Company said that in Vietnam, the concept of e-contracts is no longer new. On the FPT.eContract – a signing platform between businesses and individuals – there are more … [Read more...] about Electronic documentation system fundamental to digital economy
Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict
At the meeting According to general statistics from the General Department of Vietnam Customs, in the first five months of 2022, approximately 206,110 tons of cashew kernels of all kinds were exported earning over US$1.19 billion in export turnover, down 7.81 percent in volume and 6.81 percent in value. However, the average export price was about $5,792 a ton, up 1.45 percent from the same period last year. Regarding imports in the first five months, enterprises imported about 968,000 tons of raw cashew nuts from abroad with a value of nearly $1.4 billion, down 35.24 percent in volume and down 37.84 percent in value over the same period in 2021. However, prices of imports from Africa increased by 15 percent-20 percent since the beginning of the season. More importantly, importers are tending to be slow to purchase raw materials due to many reasons but the most common is the price difference between imported raw cashew nuts and export kernel prices. The price of raw cashew … [Read more...] about Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict
N.A. Chairman’s visit to deepen ties with Hungary in post-pandemic period: Ambassador
She said that Vietnam and Hungary have shared a 72-year partnership and traditional cooperation in all fields including education-training, law and justice, culture, sports, and people-to-people exchanges. The diplomat noted that Hungary considers Vietnam an important partner in Southeast Asia, and the two countries lifted their ties to a comprehensive partnership in September 2018. The parliaments of the two countries have also kept a good relationship with regular meetings and exchanges at all levels, while showing close and effective cooperation and mutual support at multilateral parliamentarian forums, she said. According to Ambassador Thao, the Vietnamese top legislator's visit will be a chance for senior leaders of Vietnam and Hungary to reaffirm their political commitments in continuing to promote the bilateral partnership, contributing to the economic recovery and sustainable development after COVID-19 in each country, while strengthening collaboration in global issues … [Read more...] about N.A. Chairman’s visit to deepen ties with Hungary in post-pandemic period: Ambassador
Emirates adds more flights from Viet Nam
Emirates is now increasing its frequency daily from Ha Noi and six times weekly from HCM City to Dubai and beyond. — Photo courtesy of Emirates Travellers from Viet Nam headed to Europe and the US this summer can enjoy more connectivity, flexibility and choices as Emirates is adding more frequency from both Ha Noi (HAN) and HCM City (SGN) starting from June 24, 2022. Since Viet Nam reopened its border for foreign tourists in March 2022, Emirates has gradually increased the weekly frequency on both routes from HCM City and Ha Noi, offering travellers from Viet Nam more convenience as well as a safe and seamless connection to Dubai and onward to Emirates’ global network of over 130 destinations. Starting from June 24, Emirates will boost its frequency from Ha Noi to daily flights. From June 24 to 30, Emirates flight EK394 will depart Dubai at 3:30am, arriving in Ha Noi at 1:15pm, while on its return leg, Emirates flight EK395 will depart Ha Noi at 12:25am, arriving in Dubai at 4 … [Read more...] about Emirates adds more flights from Viet Nam
Part 3: Upholding VNLOS is upholding international law
Reporter: The adoption of VNLOS could be considered the localization of the UNCLOS in Vietnam. Could you please elaborate more about the policy and principles of Vietnam when applying the above two legal documents to the demarcation of waters and dealing with arising issues at sea in reality, sir? Senior Lieutenant General Nguyen Chi Vinh: First, There are two basic legal documents that we rely on when exploiting resources, protecting and operating in Vietnamese waters. They are UNCLOS internationally and VNLOS domestically. At present, there are a lot of conventions, international laws or legal documents. They are not issued by any courts, but built based on the commitments of coastal and island states. Due to the characteristics of UNCLOS, each country needs to devise its own law of the sea, but basically all of those laws must comply with and be based on UNCLOS. Generally, international conventions or laws at large, not only on the sea, are loose to some extents, but first … [Read more...] about Part 3: Upholding VNLOS is upholding international law
Deputy defense minister works with Transport Brigade 649
At the meeting, Major General Nguyen Duc Tung, Director of the Department of Transport, reported on the progress of the implementation of Project VT21 on renovation of military marine transport in the 2021-2030 period. The brigade’s commander later reported on the task performance of the brigade in the first six months of this year, highlighting the unit’s completion of all assigned transport volume and assurance of absolute safety in all aspects. Attentively, since early this year, the whole unit has strictly observed combat readiness regulations, prevented natural disasters, conducted search and rescue missions. It has also well managed and maintained materiel and ensured logistics and financial supplies for troops. On hearing aforementioned reports and touring technical, production areas and checking the unit’s means of transport, General San applauded the brigade for surmounting difficulties, well performing its duties, and achieving set targets. The deputy defense minister … [Read more...] about Deputy defense minister works with Transport Brigade 649
Produce processors receive major help
Long An has huge potential for agricultural development, including development of produce for export. In recent years, the province has formed a number of commodity-oriented agricultural production areas. There are more than 200 agricultural product processing enterprises in the province, most of which provide preliminarily processed produce with low added value. Only a few foreign-invested enterprises are capable of intensive processing, and they mainly use imported materials. In 2022, the provincial industry promotion sector will continue to prioritize support for agricultural product processing enterprises Long An has acknowledged the need to develop produce processing and is mobilizing resources to that end. Through a key national industry promotion project, the Industry and Trade Promotion Center of Long An Province has provided practical assistance for agricultural product processors in the region. The HG Food Vietnam Joint Stock Company has invested in a new … [Read more...] about Produce processors receive major help