The agency is reviewing the organizational structure, functions and tasks of local industry promotion centers while proposing solutions to enhance local industry promotion activities and policies, and working with related units to plan the 2022 national industry promotion funding allocation. Inspecting and evaluating the implementation of industry promotion projects The Agency for Regional Industry and Trade acts as a bridge with localities to ensure that directives issued by the Ministry of Industry and Trade are strictly and effectively implemented. Last year, the agency closely coordinated with localities to implement the National Industry Promotion Program with a total budget of VND75.641 billion. The program encouraged rural industrial enterprises to modernize production technology gradually, creating products of greater value and competitiveness, which also helped local businesses stabilize production during the pandemic. The ARIT will continue providing … [Read more...] about MoIT agency plays leading role in industry and trade development
How to specialize industry cities skylines
HCM City, Laos enhance bilateral cooperation
Chairman of the municipal People's Committee Nguyen Thanh Phong affirmed the interest of the city’s leaders in further strengthening of all-round cooperation between HCM City and localities in Laos. Ho Chi Minh City has supported Laos in many various projects, including upgrading Vientiane-Ho Chi Minh City friendship high school worth US$ 5 million; building financial information center, human resource training, Xieng Khouang Province’s library, former President Kaysone Phomvihane Memorial Museum, Houaphan province’s office building, the cultural center of minority ethnic group in Champasak province. Mr. Khamphanh Phommathat expressed his thanks to the HCM City’s government in enhancing the special relationship and cooperation between the two countries. By THUY VU – Translated by Kim Khanh … [Read more...] about HCM City, Laos enhance bilateral cooperation
Industrial revolution 4.0: Human resources are key
Vietnam ICT Summit 2017 is the platform for administrative agencies and IT enterprise community to discuss solutions and strategies with the objective of taking Vietnam to join the industrial revolution 4.0. On September 6, the first theme in the Vietnam ICT Summit 2017 of “Vietnam: Digital Transformation in Industry 4.0” has been discussed. In particular, the Deputy Prime Minister Vu Duc Dam has given the opening speech at the summit. As such, the Deputy Prime Minister stressed, industrial revolution is more and more influencing various aspects of socio-economic in the world, as well as in Vietnam. This is not only an opportunity for Vietnam to transform, but also poses a potential threat to the country. The Deputy Prime Minister Vu Duc Dam gave a speech at the summit. According to the Deputy Prime Minister, in 2017, the global innovation index (GII) of Vietnam has increased 12 places to the 47th rank, thanks to the significant contribution from IT … [Read more...] about Industrial revolution 4.0: Human resources are key
High-ranking delegation of HCMC visits Vientiane-HCMC friendship high school
A delegation of Ho Chi Minh City visits Vientiane-Ho Chi Minh City friendship high school. Pupils are eager to welcome the city delegation. Accompanying the delegation were Major General Nguyen Truong Thang, member of the Party Central Committee and Commander of Military Region 7; Lieutenant General Nguyen Van Nam, member of the Executive Board of HCMC Party Committee, Commander of the Military Command of Ho Chi Minh City; Deputy Chairman of Ho Chi Minh City People’s Committee Ngo Minh Chau and leaders of departments and agencies. At the meeting, the city Party chief pleasured at the visit to Vientiane-HCMC friendship high school, and he extended the best wishes of health and happiness to the teachers and scholars with more achievements on studying and teaching. The high school was established under the initiative of Mr. Nguyen Minh Triet, former Secretary of the Ho Chi Minh City Party Committee, former President of the Socialist Republic of Vietnam and Mr. Thongsing … [Read more...] about High-ranking delegation of HCMC visits Vientiane-HCMC friendship high school
Draft revision to cinematography law debated
Chairman of the NA Committee for Culture and Education Nguyen Dac Vinh (Photo: VNA) Hanoi (VNA) – The 15th National Assembly heard a report on and debated the draft Law on Cinematography (amended) in the afternoon of May 25 as part of its ongoing third session . Presenting the report, Chairman of the NA Committee for Culture and Education Nguyen Dac Vinh said the draft revised law delivers clearer contents on the State’s responsibilities and the participation of organisations and individuals, while amending a number of regulations on film industry development. It specifies that the ratio of foreign investors' capital contribution to Vietnamese cinema establishments for the production, distribution and dissemination of films does not exceed 51 percent of the charter capital to ensure compliance with inter na tional commitments and suitable for the specific factors of the industry, Vinh added. Truong Trong Nghia, a deputy from Ho Chi Minh City, said the import … [Read more...] about Draft revision to cinematography law debated
Hanoi promotes application of hi-tech farming models
One-third of the number of large-scale enterprises in Hanoi have invested in high-tech agriculture. Hanoi has been promoting the application of hi-tech models to farming in an effort to build up supply-production chains connecting cities and provinces nationwide. Hanoi has 22 cooperatives applying high technology. Photo: kinhtedothi.vn The capital city has developed 160 hi-tech farming models in the outskirt districts of Me Linh, Gia Lam, Thuong Tin, Dong Anh, Thanh Oai, and Dan Phuong, in which nine enterprises specializing in livestock, aquaculture, preliminary processing - consumption of agricultural products including CP, Dabaco, CJ Vietnam, Minh Long, Hanoi Cattle Breeding JSC, and others are investing in high tech agriculture in the city. Director of the Hanoi Animal Husbandry and Veterinary Sub-Department Nguyen Ngoc Son told a conference on May 25 in Hanoi that the situation of livestock and poultry diseases has been complicated and unpredictable … [Read more...] about Hanoi promotes application of hi-tech farming models
Will Vietnam become a big geopolitical beneficiary?
Kevin Coppel, Asia-Pacific managing director (left ) and Christine Li, Asia-Pacific head of research for Knight Frank in Singapore When the US-China trade tensions bubbled over in 2018, corporates found it increasingly difficult to carry out business in China due to sourcing uncertainties and rising costs. This trend only worsened in the face of the pandemic and resulting border closures. Businesses responded by pursuing opportunities to set up bases outside of China while still retaining a stake in one of the world’s strongest economies. The China+1 strategy thus emerged. It is based on diversifying its supply base into other countries in order to minimise the risk of disruptions arising from geopolitical tensions, trade wars and tariffs, as well as rising labour costs. These companies are not abandoning China but rather giving themselves options, enjoying the best of what China and other economies have to offer. In pursuit of the China+1 strategy, the spotlight is naturally … [Read more...] about Will Vietnam become a big geopolitical beneficiary?
Wildlife trafficking rife in southern Vietnam
Tam Nong Market in Tram Chim Town, Dong Thap Province used to be a hotbed of wildlife trafficking in southern Vietnam. Nowadays, however, the flood of endangered wildlife flowing into local markets from nearby Tram Chim National Park and Cambodia seems to have slowed, but across the region traffickers still breed and butcher rare animals. Any animal in demand Though the wildlife trade in Dong Thap is not what it once was, some vendors at Tam Nong Market still deal in rare animals. Tam is one of these vendors. Keeping a watchful eye of the turtles for sale at her stall, she agreed to deliver a large shipment of endangered turtles to an undercover reporter, provided that they would be set free at pagodas. Tai, a vendor at the market who primarily deals in both live and frozen copperheads and banded kraits, claims himself as the biggest wildlife seller in Tam Nong. Turtles up for sale at the Thanh Hoa bird market in Long An Province, southern Vietnam. Photo: … [Read more...] about Wildlife trafficking rife in southern Vietnam
All to play for in e-commerce rise
The pandemic has pushed forward the trends of e-commerce in Vietnam 2-3 years earlier than forecast with the sector growing in size four times over last year, according to a 2021 Lazada report. “Some of the e-commerce trends we expected would happen in 2025, such as in edutech and fintech, have already happened in 2022,” noted Nguyen Huy Hoang, chief business officer at OnPoint E-commerce. “Hence, all e-commerce platform companies are investing hugely in Vietnam.” However, as shopping centres and small brick-and-mortar stores are now reopened, many investors are concerned that the boom in e-commerce was just a short-term fad and the majority of consumers could quickly shift back to offline shopping. On May 12 at the Vietnam Online Business Forum, the general consensus amongst experts was that e-commerce will continue to boost the economy after the pandemic. Specifically, in the first quarter of 2022, the industry saw more than 8 million new online consumers. A survey … [Read more...] about All to play for in e-commerce rise
Hanoi needs to remove barriers to develop high-tech agriculture
The Hanoi government will improve mechanisms and policies to encourage the participation of the private sector in the field of high-tech agriculture. Hanoi needs to remove two barriers of capital and land to attract businesses to invest in high-tech agriculture, according to local media. Applying high-tech in agriculture is inevitable for the capital city’s farming sector, especially in face of the Industrial Revolution 4.0 which has strong impacts on socio-economic life. In order to remove the agricultural development hindrance, the Hanoi government has implemented a number of solutions such as providing businesses, cooperatives, cooperative groups, farms, and households with money from the city's funds for processing and conservation of high-tech agricultural products. Tending hydroponic vegetables at Duc Phat High-tech Agricultural Cooperative (Thanh Tri district). Photo: Ba Hoat In particular, under the Hanoi Agricultural Sector’s restructuring plan … [Read more...] about Hanoi needs to remove barriers to develop high-tech agriculture