Movie making competition 2018

Jesse Choi, CEO of Sunwah Innovations and director of Sunwah Vietnam talked about Vietnam's market entry opportunities and strategy The webinar received around 100 participants including experts and representatives of corporates, startups, universities, incubators and accelerators, venture capital firms, and business associations from Vietnam and neighbouring countries and territories including Cambodia, Singapore, Japan, South Korea, China, and Hong Kong. Vietnam has seen significant improvements in developing a dynamic and open business environment. In the post-pandemic period, the country stands firm as one of the most attractive destinations in the Southeast Asian region for foreign investors and businesses including venture capital firms and startups. Realising an increasing need from overseas startups and supporting organisations to explore and gain footholds in the market, Sunwah Innovations organised the Vietnam Market Entry Opportunities and Strategy webinar. It was … [Read more...] about International webinar on Vietnam’s Market Entry Opportunities and Strategy

Cửa Việt Sea Port in the central province of Quảng Trị. — VNA/VNS Photo Nguyên Lý HÀ NỘI — Appropriate policies and regulations are needed to help fully exploit the untapped potential in developing the maritime economy, which plays an essential role in the socio-economic development of Việt Nam, according to insiders. One of the challenges of ocean management is how best to promote sustainable development goals within the maritime economy. According to Dr Tạ Đình Thi, Vice Chairman of the National Assembly's Committee on Science, Technology and Environment and former Director of the Việt Nam Administration of Seas and Islands (VASI), Việt Nam's marine economic development is still unsustainable and not well linked with social development and environmental protection. Serious pollution and environmental incidents have been reported in some waters and coastal areas, while plastic waste pollution has become an urgent problem, he said, adding … [Read more...] about Better policies needed to develop ocean economy

Inside a wood production line of Truong Thanh Furniture Corporation. — Photo truongthanh.com As wood export turnover is rebounding with rising demand in the domestic market, the revenues of wood enterprises are expected to advance. However, skyrocketing prices of raw materials and logistics costs will weigh on these companies’ gross profit margin in 2022. VNDIRECT Securities Corporation (VNDIRECT) estimated that the total revenue of listed wood and wood products companies in the first quarter (Q1) of 2022 rose by 10.2 per cent year-on-year thanks to the recovery of wood producers in the south. After the social distancing order was lifted, most wood companies in the southern region resumed operations at 90 per cent capacity in the first quarter of 2022, while in the second half of 2021 it was only 60-65 per cent. The export wood enterprises achieved better business results in Q1 of 2022. Specifically, Truong Thanh Furniture Corporation (HoSE: TTF) and Phu Tai JSC (HoSE: PTB) … [Read more...] about Rising costs cast doubt on wood companies growth prospects

Tan Phu Plastic Company produces safe products to serve the local market. The "Zero Covid" policy of China means many Vietnamese producers lack input materials. (Photo courtesy of the firm) The worst sufferers were the electronics, wood, textiles, and footwear industries. According to the Ministry of Industry and Trade (MoIT), China was an important market for the export and import activities of Vietnam as it provides the majority of input materials for Vietnam's production, especially electronic components, machinery parts, fabrics and chemicals. MoIT said from 50 to 55 percent of raw materials and accessories for the textile, garment, and footwear industries originated from China. The country was currently implementing the "Zero Covid" strategy, which forced many factories there temporarily stop production to fight the pandemic. The import-export activities in the neighboring country were affected a lot by the shortage of containers at ports. Phan Thi Thanh Xuan, Vice … [Read more...] about Local enterprises lack materials due to China’s ‘Zero Covid’ policy

Rice harvesting in Vũ Thư District of Thái Bình Province. — VNA/VNS Photo Thế Duyệt THÁI BÌNH­ — Thái Bình Province, dubbed the 'hometown of rice', has many advantages in rice production thanks to the natural conditions, climate, irrigation infrastructure and high level of intensive farming. However, large-scale production and building a Thái Bình rice brand for export are still facing many difficulties. Production is not currently commensurate with the inherent potential. Currently, the province is the locality with the second-largest cultivated rice area in the Red (Hồng) River Delta region, with an area of nearly 150,000 hectares with an output of over 1 million tonnes per year. Instead of using the traditional farming methods, Thái Bình farmers have boldly applied scientific and technical advances in production to free up labour and improve productivity. In recent years, the local farmers have been growing high-quality rice varieties with an average planting area of … [Read more...] about ‘Rice hometown’ Thái Bình Province strives to enhance rice quality, branding

More than 4,000 participants took part in the 2022 Ben Tre Marathon in Ben Tre Province, located in Vietnam’s Mekong Delta region, last weekend. The race was one of the activities held to celebrate the 200th birthday of Vietnamese poet Nguyen Dinh Chieu and his UNESCO recognition as a World Cultural Celebrity, as well as part of the provincial traditional cultural festival. In addition to competition expertise, the tournament was meant to promote the development of tourism in Ben Tre among local and international sports lovers. Runners participate in the 2022 Ben Tre Marathon in Ben Tre Province, Vietnam, June 26, 2022. Photo: M.Q. / Tuoi Tre The event took the runners through a uniquely-designed route, crossing green coconut trees, from the tomb and memorial area of Nguyen Dinh Chieu in Ba Tri District to Ben Tre City, the provincial capital. Nguyen Dinh Chieu was born on July 1, 1822 in the former southern province of Gia Dinh, the location of modern Ho Chi … [Read more...] about Over 4,000 runners join Ben Tre Marathon in Vietnam’s Mekong Delta region

Visiting Australia's Minister for Foreign Affairs Penny Wong has affirmed that her nation will continue promoting its strategic partnership with Vietnam and always attaches importance to the Southeast Asian country's role in the region. She was speaking at her talks with her Vietnamese counterpart Bui Thanh Son in Hanoi on Monday as part of her three-day official visit to Vietnam from June 26 to 28 at Son’s invitation. Wong told her host that Australia highly values Vietnam’s role and position in the Association of Southeast Asian Nations (ASEAN), the region and the world, and that the new Australian government in which she is a member will continue strengthening the strategic partnership with Vietnam to boost the bilateral ties to a new height. The diplomat also stated that her country highly values cooperation with ASEAN, appreciates its central role, and will continue to promote cooperation with the bloc for the sustainable development of the Mekong sub-region. … [Read more...] about Australia pledges to beef up strategic partnership with Vietnam

CPP President and Prime Minister Hun Sen (Photo: VNA) Hanoi (VNA) - The Communist Party of Vietnam (CPV)’s Central Committee has sent a congratulatory message to the Cambodian People’s Party (CPP) Central Committee on its 71st founding anniversary of the CPP (June 28, 1951-2022). In the message, the CPV and Vietnamese people congratulated the CPP and Cambodians on great achievements they recorded across spheres in the past time, and congratulated the CPP on its victory in the recent commune/ ward council elections. “We believe that with the tradition and achievements, the Cambodian people under the leadership of the CPP will continue to reap new, greater attainments in implementing the Party’s Platform for the 2018-2023 period and the Rectangular Strategy – Phase 4 of the Cambodian Government, successfully build a Cambodia of peace, independence, democracy and social progress,” the message read. The Vietnamese Party, State and people are very pleased at and proud of the … [Read more...] about Congratulations to Cambodian People’s Party on founding anniversary

Delegates attending Vietnam - Hungary Education Cooperation Forum held on June 27 (Photo: VNA) Budapest (VNA) - Within the framework of National Assembly Chairman Vuong Dinh Hue’s official visit to Hungary, Minister of Education and Training Nguyen Kim Son had a working session in Budapest on June 28 with Hungarian Minister of Culture and Innovation Janos Csak to discuss how to intensify education and training cooperation between the two countries in the coming time. Minister Son thanked the Hungarian Government for providing scholarships for Vietnamese officials and students to study at prestigious Hungarian universities, from five in 2012 to 200 each year since 2018. He expressed his pleasure at the fine development of the Vietnam-Hungary cooperation in education to become one of the highlights in the bilateral diplomatic cooperation. He took the Vietnam - Hungary Education Cooperation Forum held on June 27 as an example, during which nine memoranda of understanding … [Read more...] about Vietnam enhances educational cooperation with Hungary

The new Solite Minions product. — Photo courtesy of Mondelez Kinh Do Vietnam Solite, a Mondelez Kinh Do brand, has tied up with Universal to organise a programme named "Moms and Kids together hunt 48 Macbooks every day". This is the second year that Solite and Universal have organised the programme to create a memorable summer experience for Vietnamese kids and moms with the exclusive meeting with cartoon character, Minions, and the attractive promotionme gifts of up to VND4 billion (US$172,000). This year, children have been eagerly waiting for the movie “The rise of Gru” with lovely and fun Minions characters in the coming July. Thus, the meeting with Minions is believed to be the 1st ever and most breakthrough event in the year that Solite co-operates with Minions in Viet Nam to bring a surprising and cheerful summer to the children. The event will occur at Van Hanh Mall in HCM City up to July 10th 2022, expecting approximately 15,000 attendees and offering them a chance … [Read more...] about Solite ties up with Universal to bring joyful summer to kids