This is the first year the CTO Summit Technology Leadership Conference has been organized at the annual AI event to honor enterprises with a technology-rich working environment. WD, Heineken, VNPT, FPT's representatives receive the award as the best technology environment enterprises at Vietnam Artificial Intelligence Day 2023 on September 22, 2023. Photo by VnExpress/Quynh Tran Launched in mid-July, the award received more than 50 nominations and 17 were shortlisted for the next round. FPT FPT is one of the pioneering enterprises in technology and digital transformation in Vietnam. The company has representative offices in 29 countries and territories. The group has invested trillions of dong to create comfortable office complexes and offices with utility ecosystems to meet employees' demand for working, entertainment, studying, and accommodation. One of FPT's unique cultures is the core staff training program, which helps young talents enhance their skills … [Read more...] about 6 Vietnam companies with exemplary technology environments in 2023
New years or new years
Development banks extend role in green-related loans
Vietnam’s JETP plan must cover energy efficiency, storage, and more, photo Le Toan European Investment Bank (EIB) vice president Kris Peeters told VIR when he visited Vietnam last week that the non-profit credit institution and lending arm of the EU is eager to meet with partners in Vietnam to provide more green loans for environmentally friendly projects in various sectors from transport, water treatment, and smart urban development to renewable energy and infrastructure. “We have been providing loans for seven projects in Vietnam with total loans of €561 million ($602.8 million), and we hope the figure will double in the coming time,” Peeters said. Last year, the EIB invested over €70 billion ($75.2 billion) in many green projects worldwide. “We want to increase our investment portfolio and Vietnam is also on our priority list, as the country’s economy is going green, meaning the growing need for relevant projects in many sectors,” Peeters said. “Vietnam is an important … [Read more...] about Development banks extend role in green-related loans
Banyan Tree Group celebrates World Wellness Weekend
World Wellness Weekend (WWW) is considered one of the largest wellness campaigns in the world, with the participation of more than 6,000 organisations and individuals in 147 countries and territories, with the message "Wellness for all - Healthy living for everyone." General manager of Garrya Mu Cang Chai Hylton Lipkin (yellow shirt) and associates Celebrating WWW this year, were the top brands of Banyan Tree Group, including Garrya Mu Cang Chai – a new resort brand in Northern Vietna expected to launch in early 2024; and Banyan Tree Lang Co - the most luxurious resort on the central coast of Vietnam, known for its core values of wellbeing. In the Northwest mountain area of Vietnam, with the guidance of Hylton Lipkin, general manager of Garrya Mu Cang Chai, also the ambassador of WWW in Vietnam, the attendees had a meaningful weekend. Not only organising meditation and yoga activities, this was also an opportunity for Garrya Mu Cang Chai to offer the bustling … [Read more...] about Banyan Tree Group celebrates World Wellness Weekend
BIS pledges support for Vietnam in banking infrastructure development, digital transformation
Headquarters of the State Bank of Vietnam (Photo: VNA) Hanoi – The Bank for International Settlements (BIS) will continue to accompany and support the State Bank of Vietnam (SBV) in investing in payment and financial infrastructure development and promoting digital transformation, contributing to improving risk management in the local banking sector, stated BIS General Manager Agustin Carstens. Carstens made the statement at a meeting with Politburo member and Chairman of the Party Central Committee’s Economic Commission Tran Tuan Anh in Hanoi on September 21. Welcoming Carstens on his first visit to Vietnam as BIS General Manager, Tuan Anh thanked the organisation for its support for the SBV in joining and familiarising itself with BIS cooperation mechanisms. After three years of membership, the SBV has proactively participated in BIS activities and implemented its recommendations in the banking sector. He proposed that BIS continue to enhance its role in developing payment … [Read more...] about BIS pledges support for Vietnam in banking infrastructure development, digital transformation
Vietnam’s coffee exports to slow down in Q3
Illustrative photo (Photo: VNA) Hanoi (VNA) – Vietnam’s coffee exports in the third quarter of this year will slow down because supply is no longer abundant, according to the Agency of Foreign Trade under the Ministry of Industry and Trade. However, the exports will benefit from prices because the world's consumer tastes tend to shift to Robusta coffee. In the 11 months of the 2022 - 2023 crop year from October 2022 to August 2023, Vietnam exported more than 1.6 million tonnes of coffee, a decrease of 2% compared to the same period of the previous crop year. The output in this crop is forecast to be only about 1.5 - 1.6 million tonnes, down 10 - 15% compared to the 2021-2022 crop. There is not much coffee for export now. The supply is expected to improve from November until the new harvest season 2023-2024. However, low inventories pushed export coffee prices in August to a new record of 3,054 USD per tonne, up 8% over the previous month and up 30% compared to the same … [Read more...] about Vietnam’s coffee exports to slow down in Q3
Vietnam opens arms wide to Latin American friends: Mexican journal
Mexico’s magazine Voces Del Periodista has run a story spotlighting the traditional ties between Vietnam and Latin America in general and Brazil in particular. (Photo: VNA) Mexico City (VNA) – Mexico’s magazine Voces Del Periodista (Voice of Mexican journalists) has run a story spotlighting the traditional ties between Vietnam and Latin America in general and Brazil in particular, on the occasion of Vietnamese Prime Minister Pham Minh Chinh ’s official visit to Brazil from September 23-26. The article, entitled "Vietnam opens its arms of friendship to Latin American countries", highlighted the image of a Vietnamese nation with increasing integration in all fields with friends all over the world, becoming an important factor in the Indo-Pacific region. Vietnam’s glorious history of national defence has inspired millions of peace-loving people around the world, it said, underlining that the country has risen from the ashes of war into a strong country playing a … [Read more...] about Vietnam opens arms wide to Latin American friends: Mexican journal
Vietnamese FM attends preparatory meeting for 2024 future summit, holds bilateral meetings
Foreign Minister Bui Thanh Son (Photo: VNA) New York (VNA) – Foreign Minister Bui Thanh Son joined nearly 150 ministers and representatives from UN member countries at a preparatory ministerial meeting for the 2024 Summit of the Future in New York on September 21 (local time). At the meeting, ministers pointed to major difficulties and challenges currently, especially those related to climate change, environment, food security, energy, water resources as well as the decline in trust and multilateral cooperation. They were especially concerned as the Sustainable Development Goals (SDGs) have been completed by 14%, and believed that the 2024 Summit of the Future is significant in creating new catalysts to promote the implementation of the 2030 Agenda . The ministers shared their countries' vision and priorities for the summit, and reaffirmed their commitment to strengthening global governance and multilateralism, calling for respect for the basic principles of … [Read more...] about Vietnamese FM attends preparatory meeting for 2024 future summit, holds bilateral meetings
Industry-trade minister holds working session with US Secretary of Commerce
At the working session (Photo: VNA) Hanoi (VNA) – Minister of Industry and Trade Nguyen Hong Dien held a working session with US Secretary of Commerce Gina Raimondo in New York recently, on the occasion of a working trip to attend the 78th session of the United Nations General Assembly and bilateral activities. Both sides underscored the need for broader and deeper cooperation between the management agencies of both countries, and between the Vietnamese Ministry of Industry and Trade (MoIT) and the US Department of Commerce (DOC) in particular, in order to actualise the vision of the two countries' leaders and to set development goals that match the bilateral comprehensive strategic partnership. Reiterating the importance of the recognition of Vietnam's market economy status, Dien suggested the DOC make drastic directions to expedite and complete the Changed Circumstances Review (CCR) process this year, in line with the spirit of the Joint Statement on September 11 and … [Read more...] about Industry-trade minister holds working session with US Secretary of Commerce
Top legislator’s official visit expected to help boost Vietnam-Bulgaria multifaceted cooperation
NParty General Secretary Nguyen Phu Trong (R) receives then Bulgarian President Risen Plevneliev in 2013 (Photo: VNA) Hanoi (VNA) - National Assembly (NA) Chairman Vuong Dinh Hue’s upcoming official visit to Bulgaria is expected to help consolidate and enhance time-tested friendship and multifaceted cooperation between the two countries in general and the two parliaments in particular. Hue’s trip is made 15 years after the visit to the European country by then NA Chairman Nguyen Phu Trong in 2008. Vietnam and Bulgaria set up their diplomatic relations on February 8, 1950. Over the past years, the bilateral relationship has enjoyed positive developments in all fields from politics-diplomacy, economy, trade, defence-security, science-technology, education-training, culture to sports and tourism. In addition to regular visits by high-ranking leaders, the two countries have maintained close cooperation at regional and international forums, particularly within the … [Read more...] about Top legislator’s official visit expected to help boost Vietnam-Bulgaria multifaceted cooperation
Ceremony marks 50th anniversary of Vietnam-Japan diplomatic relations
A musical performance staged at the ceremony (Photo: VNA) Hanoi (VNA) – A ceremony, co-organised by the Vietnam Union of Friendship Organisations ( VUFO ), the Vietnam-Japan Friendship Association ( VJFA ) and the Foreign Ministry, took place in Hanoi on September 21 evening to celebrate five decades of diplomatic relations between Vietnam and Japan (September 21, 1973 - 2023). Addressing the event, Truong Thi Mai, Politburo member, permanent member of the Communist Party of Vietnam (CPV) Central Committee’s Secretariat, Chairwoman of the CPV Central Committee’s Organisation Commission, underscored the countries’ people-to-people exchange history spanning over 13 centuries and 50 years of cooperation and development. Vietnam and Japan hold a trustworthy and close partnership covering myriad fields from politics, economy, trade, investment to human resources, culture, education, science-technology, and people-to-people and locality-to-locality exchanges, she said. Mai, … [Read more...] about Ceremony marks 50th anniversary of Vietnam-Japan diplomatic relations