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Miss Universe Vietnam 2017, H'Hen Nie, will be the Communication Ambassador for the 8th Buon Ma Thuot Coffee Festival which will be held in the Central Highlands Province of Dak Lak from March 10 -14. Miss Universe Vietnam 2017, H'Hen Nie, besides a coffee tree. This year's festival is expected to be held on a larger scale compared to previous events and aims to promote Buon Ma Thuot coffee, develop Vietnamese speciality coffee, and honour domestic coffee growers and businesses, the organiser said. The coffee festival will also create an opportunity for Dak Lak to introduce its potential and tourism strengths, as well as promoting investment into coffee trading and processing, and other agricultural products. The 2023 Buon Ma Thuot Coffee Festival will feature 18 main events organised in Buon Ma Thuot City and some other activities held across Dak Lak Province. Some of the main events include a provincial investment promotion conference, a coffee trade … [Read more...] about Miss Universe Vietnam H’Hen Nie to become coffee festival ambassador

Industrial production is forecast to increase 6.6% in 2023. (Photo: VNA) HCM City (VNA) – Vietnam is predicted to record a rise of 6.6% in industrial production in 2023, according to S&P Global Market Intelligence. S&P Global noted the Vietnamese manufacturing sector continued to face challenging business conditions in the opening month of 2023. Production and new orders continued to decline. That said, there were some signs of improvement in demand as new business fell at a softer pace, helped by a renewed expansion in new export orders. The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI), released on February 1, posted 47.4 in January, up from 46.4 in December but still pointing to a solid monthly deterioration in the health of the manufacturing sector. January data signalled a further marked decline in manufacturing production, albeit one that was slightly softer than seen in December. Lower new orders were often behind falling output, with … [Read more...] about Vietnam’s industrial production to rise 6.6% in 2023: S&P Global

2In 2023, revenues of Vietnam’s e-learning market are expected to reach around $3 billion with a compound annual growth rate of about 20.2 per cent during 2019-2023, according to a report by Ken Research. Photo: doanhnhansaigon.vn Hanoi – Experts are positive about the development of Vietnam’s education technology (edtech) market in 2023 if local edtech companies can overcome post-pandemic challenges. Pham Giang Linh, managing director of Galaxy Education told the Tuoi tre (Youth) newspaper that Vietnam’s edtech market was formed in 2006 and 2007 – the first development stage of the digital economy in the country, but it only attracted wide attention in the period from 2020-2021, when demand for e-learning increased sharply due to the COVID-19 pandemic. In 2022, Vietnam saw the establishment of more than 100 edtech startups which strongly attracted capital from foreign investors, he said, citing examples like Topica, ELSA, ColderSchool, Edmicro, Vuihoc, and Educa, which … [Read more...] about 2023 – Time for edtech to thrive in Vietnam

Nguyen Thi Nga, General Secretary and Chief of Office of the NCYV speaks at the press conference (Photo: VNA) Hanoi (VNA) - An international forum to share experience in sketching out and implementing youth development policies will take place in Vietnam in both virtual and face-to-face form on November 29. The information was announced by the National Committee on Youth of Vietnam (NCYV) at a press conference in Hanoi on November 22. Vietnam and other countries in the fields of learning, scientific research, labour, employment, startups, health care, culture, sports, and digital transformation. youth development policies in association with strengthening youth cooperation among countries. VNA … [Read more...] about Vietnam to host int’l forum on youth development policies

Goods for export at the Tan Cang-Cat Lai Port in HCM City. Vietnam's exports to India topped 7.96 billion USD in 2022, up 26.8% year-on-year.  (Photo: VNA) Hanoi (VNS/VNA) - Two-way trade between Vietnam and India saw a yearly increase of 13.6% to 15.05 billion  USD in 2022, statistics from the General Department of Customs showed. During the year, Vietnam’s exports to India topped 7.96 billion USD, up 26.8% year-on-year. Among its export items, mobile phones and accessories posted the highest turnover with 1.52 billion USD, up 18.4%, making up nearly 20% of the total export value. Computers, electronics and parts came next with 1.03 billion USD, up 25%, or 13%, while machinery and equipment ranked third with 804 million USD or over 10%. Other staples with the highest value increase were coffee with 165%; iron and steel (97%) and footwear (96%). Some items, however, posted large decreases in export value, such as animal feed and raw materials with 23.04 million USD, down … [Read more...] about Vietnam’s trade with India hits record in 2022

Illustrative image (Photo: baodautu.vn) Hanoi (VNA) – Vietnam is paying attention to mobilising resources to invest in developing green agriculture with an aim to raising the market share of its agricultural exports to the European Union. Last year, Vietnam’s export revenue of agro-fishery-forestry products set a record high of 53.22 billion USD, up 9.3% year-on-year. However, Europe accounted for only 11.3% of its market share. This is a modest number, although the agricultural sector has optimised many advantages of the EU- Vietnam Free Trade Agreement (EVFTA). One of the main reasons is said to be the union’s high requirements on farm imports, while Vietnam’s agricultural production has yet to meet green growth requirements. According to the World Bank’s report, agriculture is the second highest emitter, accounting for 19% of the nation’s total gas emissions in 2020. About 48% of the sector’s emissions and more than 75% of methane emissions are from rice … [Read more...] about Vietnam develops green agriculture to increase exports to EU

In 2023, revenues of Vietnam’s e-learning market are expected to reach around 3 billion USD with a compound annual growth rate of about 20.2% during 2019-2023, according to a report by Ken Research (Photo: doanhnhansaigon.vn) Hanoi (VNA) – Experts are positive about the development of Vietnam’s education technology (Edtech) market in 2023 if local Edtech companies can overcome post-pandemic challenges. Pham Giang Linh, managing director of Galaxy Education told the Tuoi tre (Youth) newspaper that Vietnam’s Edtech market was formed in 2006 and 2007 – the first development stage of the digital economy in the country, but it only attracted wide attention in the period from 2020-2021, when demand for e-learning increased sharply due to the COVID-19 pandemic. In 2022, Vietnam saw the establishment of more than 100 Edtech startups which strongly attracted capital from foreign investors, he said, citing examples like Topica, ELSA, ColderSchool, Edmicro, Vuihoc, and Educa, … [Read more...] about 2023 – Time for Edtech to thrive in Vietnam

Solar panels installed on the rooftops of a seafood processing plant in the Mekong Delta. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam must start monitoring and issuing carbon certificates to exporters and retailers in response to the EU's recently passed carbon levy , said industry insiders and policymakers. The EU’s Carbon Border Adjustment Mechanism (CBAM) by the European Parliament (EP), according to the EP, is to "put a fair price on the carbon emitted during the production of carbon-intensive goods that are entering the EU, and to encourage cleaner industrial production in non-EU countries." The bloc requires exporters to report their commodities' carbon footprints, on which a tax may be levied should carbon emissions during the production of said commodities exceed the EU's carbon regulations. Instead of buying the EU's carbon certificate , Vietnamese businesses could take steps to reduce their own carbon footprints during production, experts said. The … [Read more...] about Vietnam must step up carbon reduction to enter EU markets

Chairman of the Workers' Party of Korea (WPK) and the State Affairs Commission of the DPRK Kim Jong-un is welcomed at Dong Dang station, Lang Son province, on the occasion of his official friendship visit to Vietnam in 2019. (Photo: VNA) Hanoi (VNA) - The Radio Voice of Korea on February 1 broadcast an article, highlighting the unchanged friendship relationship over the time with Vietnam on the occasion of the 73rd founding anniversary of diplomatic ties between the Democratic People's Republic of Korea (DPRK) and Vietnam (January 31, 1950 - 2023). DPRK-Vietnam relationship has developed to a new height, the article noted. In 2022, leaders of the two countries exchanged congratulatory messages to each other on the occasion of the 74th founding anniversary of the DPRK, and the 77th anniversary of the establishment of the Democratic Republic of Vietnam (now the Socialist Republic of Vietnam). VNA … [Read more...] about DPRK media highlights friendship relations with Vietnam

Minister of State Greg Hands of the UK Department for International Trade (L) meets with Vietnamese Deputy Minister of Industry and Trade Tran Quoc Khanh on February 1. (Photo Source: British Embassy in Vietnam) Hanoi – Minister of State Greg Hands of the UK Department for International Trade arrived in Hanoi on February 1 for high-level trade talks on how the UK joining of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will boost the economic firepower of the world’s most dynamic trade bloc, according to the British Embassy. Vietnam was the first leg of his three-day Asia-Pacific tour, which also includes Malaysia and Singapore. The visit aims to promote the UK’s engagement in the CPTPP, of which Vietnam is a founding member. It was also an opportunity to mark the 50th anniversary of the UK - Vietnam diplomatic relations and discuss the thriving bilateral trade relationship, which has increased 12.4% over the last year and is valued at 5.9 … [Read more...] about British official in Vietnam to boost accession to CPTPP