Market development strategy

The week-long event, which started on June 26, is hosted by the Vietnam Trade Office under the Vietnamese Embassy in the U.K. in collaboration with the Vietnam Business Association in the U.K. (VBUK), and Longdan and EUTEK groups. As part of activities in the trade promotion program of the Vietnamese Ministry of Industry and Trade (MoIT), the event aims to promote Vietnamese high-quality products which are benefiting from the U.K.-Vietnam Free Trade Agreement (UKVFTA), to British retailers and consumers. Handicraft products, coffee, fresh and dried fruits, canned fruit juice, vermicelli, dried noodle, rice papers, cashew nuts, and fragrant rice of reputable export enterprises of Vietnam are being displayed at the supermarket and Vietnamese markets in Nottingham city. At the event, Sao Thai Duong JSC became the first Vietnamese enterprise to set up a showroom in the U.K. to introduce its herbal healthcare and beauty products. Speaking at the opening ceremony, Ambassador Nguyen … [Read more...] about Vietnamese goods, foods introduced in U.K.

Illustrative photo (Source: VNA) Hanoi (VNA) – Vietnam posted 27.88 billion USD worth of agro-forestry-fishery exports in the first half of this year, an annual increase of 13.9%. According to the Ministry of Agriculture and Rural Development, of the total value, the groups of key farm produce and forestry products contributed 11.37 billion USD and 9.1 billion USD, both growing by 8.8% and 3% year-on-year, respectively. Fishery products shipped overseas during the six months, meanwhile, reeled in 5.8 billion USD, up 40.8% annually. There were nine type of goods recorded an export revenue exceeding 1 billon USD in the period, namely coffee, rubber, cashew, vegetable-fruit, rice, Tra fish, shrimp, woodwork products, and inputs for production. The ministry said the US and China were the biggest importers of Vietnamese agro-forestry-fishery goods for spending more than 7.61 billion USD and 4.97 billion USD, increasing 7.9% and 5.9% from the same period last year, … [Read more...] about Agro-forestry-fishery exports rake in 27.88 billion USD in 6 months

NA Chairman Vuong Dinh Hue (L) and his Hungarian counterpart László Kövér at the press meeting on June 27. (Photo: VNA) Budapest (VNA) – Vietnamese National Assembly (NA) Chairman Vuong Dinh Hue's official visit to Hungary has attracted attention from the media in Eastern Europe. In Hungary, Magyar Nemzet (Hungarian Nation) newspaper ran an article saying the two countries’ traditional friendship has recorded great strides, especially since the visit to Vietnam by Prime Minister Orban Viktor and a trip to the European nation by General Secretary of the Communist Party of Vietnam Nguyen Phu Trong. Hue's visit from June 25-28 would create a stepping stone for the two countries’ comprehensive partnership to enter a new chapter in the time ahead, particularly after Vietnam and the European Union (EU) completed the ratification of the EU-Vietnam Investment Protection Agreement (EVIPA) and a free trade agreement (EVFTA), according to Magyar Nemzet. In its writing, Magyar … [Read more...] about NA leader’s Hungary visit grabs headlines on Eastern European media

Entrepreneurs remain inspirations for Vietnamese youth According to the report, over 23 million (25 per cent) of the population are youth aged 16 to 30. Of them, 43 per cent want to become entrepreneurs, followed by working in the media and communications (37 per cent), education (22 per cent), technology (20 per cent), NGO and government (17 per cent), and financial sectors (11 per cent). Only a small proportion of the respondents seek careers in transportation (8 per cent) and energy (5 per cent). It is worth noting that while there is an increasing demand for digital skills in the country, these were the least cited among the skills that need development. Instead, around half of the young people surveyed would like to further gain self-leadership (53 per cent) and interpersonal skills (48 per cent). This is followed by reskilling in cognitive and advanced digital skills (37 per cent) and basic digital skills (28 per cent). Vietnam is also undergoing a shift from a … [Read more...] about Entrepreneurs remain inspirations for Vietnamese youth

Tibor Novak, director of Gedeon Richter, talks to Vietnamese National Assembly Chairman Vuong Dinh Hue. — VNA/VNS Photo Doan Tan As part of his official visit to Hungary, National Assembly (NA) Chairman Vuong Dinh Hue met with entrepreneurs with business operations in Viet Nam on Tuesday. During talks with the heads of multinational companies Gedeon Richter and Egis, the NA Chairman said that pharmaceuticals had great potential for cooperation in Viet Nam with multiple preferential policies. Specialising in biotechnology and pharmaceuticals, Gedeon Richter’s products entered the Vietnamese market in 1954 and officially established a representative office in 1995. Egis set up an office in Viet Nam in 2000 and is planning to expand its local operation by upscaling this establishment to be the representative office for ASEAN. NA Chairman Vuong Dinh Hue (centre) meets with the leaders of Egis Pharmaceuticals. — VNA/VNS Photo Doan Tan Taking into consideration the … [Read more...] about NA Chairman meets Hungarian entrepreneurs during official visit

National Assembly Chairman Vương Đình Huệ (left) had a meeting with Hungarian Prime Minister Viktor Orbán on Tuesday in Budapest. — VNA/VNS Photo Doãn Tấn BUDAPEST — Vietnamese National Assembly Chairman Vương Đình Huệ said his visit to Hungary is an opportunity to deepen and promote the comprehensive partnership between Việt Nam and Hungary, especially parliamentary ties. The top Vietnamese legislator made the remarks as he met Hungarian Prime Minister Viktor Orbán on Tuesday in Budapest, expressing his delight at the visit, and the chance to meet close friends of Việt Nam. Huệ said the visit would open up new cooperation areas between the two countries in multilateral or regional forums. The Vietnamese and Hungarian leaders concurred that the two countries had enjoyed a close-knit, time-tested, loyal relationship, a valuable asset that not many countries have had, so all present and future leaderships and peoples of the two countries should ensure its continuing growth. … [Read more...] about Việt Nam, Hungary to further promote trade, politics, and people-to-people exchanges: Leaders

National Assembly Chairman Vuong Dinh Hue (R) receives Tamas Uri, Head of CEE Region at Egis Pharmaceuticals PLC (Photo: VNA) Budapest – National Assembly (NA) Chairman Vuong Dinh Hue received leaders of several Hungarian enterprises which are operating in Vietnam on June 28 in Budapest as part of his official visit to the European country. At the meetings with a leader of Gedeon Richter Company – Hungary’s multinational company operating in the field of pharmaceutical manufacturing and biotechnology research and development (R&D), and representatives of Egis Company - a leading pharmaceutical company in the Central Eastern Europe, Hue appreciated the results of their activities in Vietnam, adding that pharmaceuticals is the country’s potential field of cooperation with many preferential policies. Leaders of Gedeon Richter and Egis showed their hope that Vietnam will speed up and simplify administrative procedures for drug registration so that many new products can be … [Read more...] about NA Chairman receives leaders of several Hungarian companies

Do Hung Viet, Assistant to the Vietnamese Minister of Foreign Affairs, made the remarks while attending the annual debate on women’s rights at the HRC’s 50th regular session in Geneva on June 27. In his speech, Viet highlighted the important role of women, stressing the need to ensuring their rights and development opportunities through specific and effective support policies. He also shared Vietnam’s experience and efforts in this regard, noting Vietnam is one of the countries with the longest maternity leaves in the world. Emphasising the country’s priority for gender equality promotion and women empowerment, he added Vietnam is ready to cooperate with other countries in these common efforts. At the debate, participants underlined the necessity to build comprehensive and effective policies for ensuring gender equality and rights of women, who are in charge of a huge domestic workload but unpaid or underpaid, which has subsequently affected women’s full participation in … [Read more...] about Vietnam keeps prioritizing gender equality promotion: officials