Alain Cany, EuroCham chairman and Lê Thị Quỳnh Trang, chairwoman of Việt Nam International Fashion Week and President of the Council of ASEAN Fashion Designers, sign a MoU on promoting culture, lifestyle, and fashion industry links between Việt Nam and European countries. Photo courtesy of Multimedia JSC HCM CITY — Culture, lifestyle and fashion links between Việt Nam and Europe will be promoted under a Memorandum of Understanding signed this week by the European Chamber of Commerce in Vietnam (EuroCham Vietnam) and the Aquafina Vietnam International Week (VIFW). The signing has presented an opportunity for EuroCham and its affiliated national chambers to support the development of European companies both regionally and in Việt Nam, and to assist Vietnamese companies interested in expanding their European market. It will also identify and promote the benefits of the EVFTA for both groups. It will help Việt Nam’s fashion and culture reach out to the world as well, and … [Read more...] about New pact promotes Việt Nam-Europe fashion links
New strategies in teaching english
Việt Nam logs 1,239 new COVID-19 cases, no deaths on Friday
A health worker is processing COVID-19 test sample. VNA/VNS Photo HÀ NỘI — Việt Nam registered 1,239 new COVID-19 infections, all domestically transmitted, and no deaths on Friday. The Ministry of Health also announced that 9,365 COVID-19 patients were given the all-clear, bringing the number of recoveries to 9,431,450. Hà Nội still had the most daily infections with 297. This is the first time in six months the capital city has recorded less than 300 new cases in one day. The other localities reporting new transmissions were Vĩnh Phúc (86), Phú Thọ (63), Hải Dương (59), Nghệ An (56), Yên Bái (55), Quảng Ninh (51), Tuyên Quang (43), Nam Định (37), Đà Nẵng (35), Lào Cai (32), Thái Bình (30), Hồ Chí Minh City (30), Thái Nguyên (30), Sơn La (29), Điện Biên (26), Bắc Kạn (25), Lâm Đồng (23), Hà Nam (21), Hà Giang (19), Hà Tĩnh (18), Quảng Bình (18), Hải Phòng (17), Hòa Bình (15), Bình Phước (12), Hưng Yên (12), Ninh Bình (11), Thanh Hóa (11), Bắc Giang (11), Quảng Trị (10), … [Read more...] about Việt Nam logs 1,239 new COVID-19 cases, no deaths on Friday
Việt Nam confirms 1,239 new cases of COVID-19 on Friday
All the new infections were detected locally in Hà Nội (297), Vĩnh Phúc (86), Phú Thọ (63), Hải Dương (59), Nghệ An (56), Yên Bái (55), Quảng Ninh (51), Tuyên Quang (43), Nam Định (37), Đà Nẵng (35), Lào Cai (32), Thái Bình (30), Hồ Chí Minh City (30), Thái Nguyên (30), Sơn La (29), Điện Biên (26), Bắc Kạn (25), Lâm Đồng (23), Hà Nam (21), Hà Giang (19), Hà Tĩnh (18), Quảng Bình (18), Hải Phòng (17), Hòa Bình (15), Bình Phước (12), Hưng Yên (12), Ninh Bình (11), Thanh Hóa (11), Bắc Giang (11), Quảng Trị (10), Lạng Sơn (10), Bình Định (10), Cao Bằng (7), Lai Châu (6), Gia Lai (4), Khánh Hòa (3), Quảng Ngãi (3), Bến Tre (3), Phú Yên (2), Tây Ninh (2), Vĩnh Long (2), Bình Thuận (1), Đồng Nai (1), Bà Rịa - Vũng Tàu (1), Kiên Giang (1) and Hậu Giang (1). Details will follow shortly. … [Read more...] about Việt Nam confirms 1,239 new cases of COVID-19 on Friday
Huge haul in new markets for Việt Nam’s tra fish exports
Processing tra fish for export at a Sao Mai Group factory in the southern province of An Giang. Tra fish exports are projected to surge by 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion. VNA/VNS Photo Vũ Sinh HÀ NỘI — Demand for Việt Nam’s tra fish (pangasius) is up in major markets, driving the export of the catfish overseas, reports the Việt Nam Association of Seafood Exporters and Producers (VASEP). Tra fish exports are projected to surge by a whopping 97 per cent year-on-year in the first five months of 2022, reaching US$1.1 billion. Besides exporting to traditional markets such as the US and Europe, seafood exporters have expanded markets to take advantage of the new demand. Specifically, Việt Nam has targetted new fish markets in Mexico, Egypt and Thailand. VASEP expert Tạ Hà said that the Mexican market has the largest export value in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) … [Read more...] about Huge haul in new markets for Việt Nam’s tra fish exports
Mercedes-Benz Vietnam set to open new showroom in OfficeHaus
The showroom, which will replace its old location in Truong Chinh street, will be the most advanced showroom and the first MAR 2020 facility in Ho Chi Minh City. John White, CEO at Vietnam Star Automobile, said that OfficeHaus renders the perfect space and location to cater to the auto company in the Vietnamese market. Vietnam Star Automobile is a division of LSH Auto International − the largest Mercedes-Benz retail dealer group in the world. “We have a couple of criteria in choosing the best location. Aside from being accessible, OfficeHaus sits next door to Vietnam’s largest Aeon Mall, bringing a demographic that is consistent with the Mercedes brand. The property also meets the quality standards of our brand,” said White. OfficeHaus, one of the most highly anticipated additions to Vietnam’s premium commercial real estate, will open its doors in quarter 4 this year. It will deliver a holistic working experience as part of a world-class 82-hectare integrated residential, … [Read more...] about Mercedes-Benz Vietnam set to open new showroom in OfficeHaus
Prudential Plc. names Anil Wadhwani as new Group CEO
Anil Wadhwani is a global financial services leader with more than 30 years of experience – predominantly in Asia – combining a strategic vision and execution in some of the world’s biggest companies. He has a wealth of experience as a customer-centric leader with a strong track record of creating and driving a culture of success. Wadhwani also has significant and proven digital experience, having driven the modernisation of tech platforms across 13 markets in Asia in his previous role. Prudential Plc. has named Anil Wadhwani as the new Group CEO Prior to that, he spent 25 years with Citi Group in Asia-Pacific, Europe, the Middle East, Africa, and the US in a number of financial services roles. Wadhwani was born in 1968, educated in Mumbai, and has worked in Mumbai, Singapore, London, New York, and most recently for nearly five years in Hong Kong. He will take up the new role in February, subject to regulatory approval, and will be based in Hong Kong – where he currently … [Read more...] about Prudential Plc. names Anil Wadhwani as new Group CEO
Hanoi parents brace for tuition hikes
After a year of not raising tuition fees due to the impacts of Covid-19, the Hanoi people's council passed a resolution on May 20 to hike public preschool and high school tuition fees for the 2022-23 academic year. The fees would double at first and subsequently increase by 20-40 percent every year. Sen, 43, lives in Hanoi’s Ha Dong District with her husband and two daughters, the other in 10th grade. She cleans houses for hourly wages while her husband is a laborer. They pay the highest tuition rate since their household registration is in Region 1, which comprises the capital’s inner districts. In addition, she may be required to pay VND300,000 ($12.93) per child per month for the following academic year, which is 1.4-2 times the current fee. Tuition fees for middle and high schools in Region 1 will gradually rise over the next three years to VND410,000, VND530,000, and VND650,000, respectively. Meanwhile, Sen and her husband's incomes fluctuate every month: Sometimes … [Read more...] about Hanoi parents brace for tuition hikes
Innovation hub at the heart of Thủ Đức smart city plan
Visitors at the three-day (May 26-28) Smart City Asia 2022 expo being held in HCM City. — VNS Photo Bồ Xuân Hiệp HCM CITY — The newly established Thủ Đức City should strive to become an innovation hub that will attract investments as well as a talented workforce from around the world, officials and experts said at a seminar on Friday. Dương Anh Đức, vice chairman of HCM City People’s Committee, said the city was developing a master plan for Thủ Đức City until 2040, including strategies to create a knowledge-based economy with a highly skilled workforce. It is also developing a centralised database on land use, transportation, canals and other public works in Thủ Đức, he added. Hoàng Tùng, chairman of the Thủ Đức City People’s Committee, said it should be given greater decision making and policy making autonomy to grow its innovation capacity and become more competitive. Nguyễn Thị Đoan Trang, head of Thủ Đức Urban Management Department, said it would be developed … [Read more...] about Innovation hub at the heart of Thủ Đức smart city plan
SeABank plans to increase capital to VNĐ20.4 trillion in 2022
Transactions at a branch of SeAbank in Hà Nội. The bank plans to raise capital to VNĐ20.4 trillion in the second quarter and third quarter of this year. Photo SeABank HÀ NỘI Southeast Asia Commercial Joint Stock Bank (SeABank/SSB) plans to increase charter capital from VNĐ16.6 trillion (US$715.6 million) to VNĐ20.4 trillion in the second and third quarters of this year. Under the plan, in Q2 and Q3, SeABank plans to issue 211,400,000 shares, equivalent to 12.7 per cent to pay 2021 dividend, issuing 109,700,000 shares, equivalent to the rate of 6.6 per cent, to increase capital from equity sources (bonus shares). At the same time, SeABank will issue 59,400,000 shares under the Employee Selection Program (ESOP) in 2022. After completing the issuances, SeABank will continue its plan to increase charter capital from VNĐ20.4 trillion to VNĐ22.7 trillion through private placement to strategic domestic and foreign investors, or offering to the public and to existing shareholders … [Read more...] about SeABank plans to increase capital to VNĐ20.4 trillion in 2022
HCMC leaders visit rookie soldiers
Mr. Nguyen Ho Hai encourages rookie soldiers to study well (Photo: SGGP) Representatives of the Ho Chi Minh City Command, the HCMC Vietnam Fatherland Front Committee, the HCMC Labor Confederation, and the City Women's Union also joined the delegation. The delegation visited and gave gifts to young soldiers in Division 5 under the Military Region 7, in the ninth Division under the Army Corps No. 4, in the Training Center in HCMC’s Cu Chi District, and Gia Dinh Regiment in District 12 both under the Ho Chi Minh City Command. At the destinations, Mr. Ho Hai encouraged rookie soldiers advising them to study and practice to become pioneers in all fields following Uncle Ho's teaching ‘Young people are present in difficult places to help people'. Expressing his pride in the new young soldiers of Ho Chi Minh City - the city named after the beloved Uncle Ho, Mr. Ho Hai hoped for their training and progress. From today's training efforts, these young soldiers will grow up and become … [Read more...] about HCMC leaders visit rookie soldiers