In the past tenure, Vietnam has set up comprehensive partnership with five more countries and upgraded relations with two others to a strategic partnership, raising the total numbers of its strategic partners to 17 and comprehensive partners to 13, including all permanent members of the United Nations Security Council and ASEAN member nations. … [Read more...] about Diplomacy helps create favourable environment for national development: official
Map of the border states
VIETNAM NEWS JANUARY 28
The specific target is that by 2025, the number of enterprises implementing technology innovation will increase by an average of 15% per year; and 100% of enterprises producing key products will directly participate in the programme to form research and development organisations. There are 3-5 key product industries that own or create advanced technologies in the value chain to produce products with high added value and competitiveness in the market. … [Read more...] about VIETNAM NEWS JANUARY 28
Seafood processor Vinh Hoan buys 51 pct stake in snack company
The company has convened as extraordinary general meeting at the beginning of February to dismiss some members of the board of directors and the supervisory board and elect new ones. … [Read more...] about Seafood processor Vinh Hoan buys 51 pct stake in snack company
Vietnam pushes for medicine self-sufficiency post Covid-19: Fitch Solutions
Although coverage now approaches the full population, public healthcare remains chronically underfunded, with per capita spending on public healthcare sitting at just US$82 in 2019. While the government is focused on improving the delivery of public healthcare services, Fitch Solutions believed that limited public financing, uneven distribution of health services, inadequate infrastructure and a similar shortage of qualified workers will continue to obstruct innovative drug makers wishing to operate in the market. … [Read more...] about Vietnam pushes for medicine self-sufficiency post Covid-19: Fitch Solutions
Grappling with digital evolution
Within the private sector, Vietnam’s banking industry has been at the forefront of the Fourth Industrial Revolution. Specifically, local commercial banks have quickly adapted to and applied fintech to banking operations, such as mobile and QR code payments, electronic wallets, tokenisation, and payments via chip cards for domestic cards. Those strong transformations have helped Vietnam’s banking sector improve competitiveness and increase access to banking services for all, especially those in rural and remote areas. … [Read more...] about Grappling with digital evolution