More than 100 Japanese companies in the food industry and 30 in cosmetics are looking for partners and expanding business in Vietnam. Japan Street, an online catalog site, is expected to further enhance business cooperation between Vietnamese and Japanese enterprises and further contribute to bilateral relations. Deputy Head of JETRO in Hanoi Keisuke Kobayashi at the event. Photo: Hai Yen Project Manager at the Japan External Trade Organization (JETRO) in Hanoi Yutaka Yasunaga stressed the view during a press briefing on the platform held today [June 30]. According to Yasunaga, “Japan Street” would help connect Japanese suppliers with overseas buyers, including those from Vietnam. Yasunaga said that the Covid-19 pandemic and the restriction measures adopted by countries around the world have made it difficult to set up direct meetings between buyers and suppliers. “An online platform, therefore, is considered an effective solution to avoid disruption to … [Read more...] about “Japan Street” to bolster Vietnam-Japan business cooperation: JETRO
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Vietnam’s economic growth accelerates on back of exports: Bloomberg
A car shop in HCMC The US-based news agency cited data from the General Statistics Office of Vietnam (GSO) saying the Vietnamese economy expanded 7.72 percent year-on-year in the April-June period, compared to 5.05 percent of the previous quarter. That was quicker than the median estimate for a 5.9 percent gain in a Bloomberg survey, and the highest level since at least the first quarter of 2013, it said. The performance helped lift growth in the first-half to 6.42 percent from a year ago, beating the GSO’s forecast for a 5.5 percent pace. The government targets full-year growth at 6 percent-6.5 percent. The gains in momentum coincide with Vietnam emerging as one of the alternative destinations for foreign investment amid trade disruptions from China’s lockdowns, the war in Ukraine, and lingering tensions between Beijing and Washington. The economy also benefited from fiscal stimulus worth about VND347 trillion (US$15 billion), and an easy monetary policy that makes the … [Read more...] about Vietnam’s economic growth accelerates on back of exports: Bloomberg
Vietnam, U.K. to step up educational cooperation
The two officials discussed many cooperation areas, including digital transformation in tertiary and general education, environmental education, English language training, examination, student exchange, and postgraduate training. Minister Son, who is accompanying National Assembly Chairman Vuong Dinh Hue in an official visit to the U.K., said bilateral cooperation in education has been growing in width, and that Vietnam wishes to further develop it in depth. He expressed his hope that the U.K. Government and the British Council will further help Vietnam in English language training, enhance teachers’ capacity, and improve educational quality and the capacity of educational quality verification. Son also called on the U.K. Government to assist with the teaching and learning for ethnic minority children in mountainous areas which face shortages of teachers as well as teaching and learning tools, especially for online learning. The official also suggested British universities … [Read more...] about Vietnam, U.K. to step up educational cooperation
Vietnam shines at 2019 World Para Athletics Grand Prix in China
The Vietnamese athletes attending the 2019 World Para Athletics Grand Prix Series (Photo: nhandan.org.vn) Hanoi (VNA) - Vietnamese athletes grabbed six gold , eight silver and eight bronze medals at the 2019 World Para Athletics Grand Prix Series, which was held in Beijing, China, from May 10 to 12, Nhan Dan online reported. Among the medallists, Truong Bich Van established herself as the most prominent athlete at the event by winning two gold medals in the women’s discus and shot put F56 categories, and one bronze in the women’s javelin F56. Nguyen Manh Hung performed brilliantly as he bagged one gold medal in the men’s javelin F57, one silver in the men’s discus F57, and one bronze in the men’s shot put F57. The three remaining gold medals were won by Kieu Minh Trung in the men’s javelin F55, Tran Van Nguyen in the men’s javelin F40, and Nguyen Thi Hai in the women’s javelin F57. The Vietnamese delegation placed third in the overall rankings. The 2019 … [Read more...] about Vietnam shines at 2019 World Para Athletics Grand Prix in China
After a life spent hiding, Vietnamese burn victim steps into the spotlight with bakery
After suffering severe burns across his face as a child, Ngo Quy Hai, a 27-year-old from Vietnam’s Central Highlands, has managed to shed the physical and emotional burden of his injury and become the successful owner of Sunhouse Coffee – a well-known pastry shop in Plei Kan Town, Ngoc Hoi District, Kon Tum Province. Hai burned his face when he was just a few months old after falling out of a walker and landing face first on a boiling pot of porridge. His parents rushed him to Children’s Hospital No. 1 in Ho Chi Minh City where he received medical treatment for almost two years. While doctors at the hospital were able to save Hai’s life, his injuries left him so scary that other children refused to play with him. Hai’s parents pulled him out of school as a first grader to keep him from being bullied by other children and the result was that Hai became a recluse, worried that strangers would tease him for his injuries. Hai eventually made friends with Hoang Xuyen, a … [Read more...] about After a life spent hiding, Vietnamese burn victim steps into the spotlight with bakery
VinShop aims for success as store connection platform
Tokopedia's success lesson Founded in 2009, Tokopedia is one of Indonesia's tech unicorns. According to CB Insights (U.S.), Tokopedia's value reached $7 billion as of June 2020, becoming the third largest unicorn in Southeast Asia, behind Grab (Singapore) and Gojek (Indonesia). Tokopedia was developed as a shopping platform where any business could easily arrange and sell its products. William Tanuwijaya, co-founder of Tokopedia, said that the company's business model is similar to Alibaba's as it combines Toko (shop) and encyclopedia. In 2018, Tokopedia launched the Mitra Tokopedia app for warungs - small family-owned businesses that usually cater to a neighborhood. Mitra Tokopedia has recorded one million downloads in the island nation that has two million warungs. Tokopedia has been successful in bringing technology into Indonesia's grocery stores. Photo by Tokopedia Mitra Tokopedia has gained popularity and is now present in more than 20 major cities, … [Read more...] about VinShop aims for success as store connection platform
☀️ Morning digest on June 30
Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. – President Nguyen Xuan Phuc appreciated Cao Dai followers’ contributions to the country throughout history while receiving leaders of the religion’s churches and organisations in Hanoi on June 29. He said Caodaism is a religion coming into being in Vietnam, and during its development process, it has helped diversify the country’s traditional culture and uphold solidarity when encouraging its dignitaries and followers to stand side by side with the nation. Read full story – National Assembly (NA) Chairman Vuong Dinh Hue and Speaker of the UK’s House of Commons Lindsay Hoyle discussed various issues regarding cooperation between the two legislatures during their talks in London on June 29 morning. The two sides also exchanged views on their cooperation at multilateral forums and on regional and global issues of mutual interest. They focused discussions on measures to further … [Read more...] about ☀️ Morning digest on June 30
Virtual event to connect Vietnamese, Japanese firms in support industries
Illustrative image (Source: VNA) Hanoi (VNA) – An online conference will take place from July 5 - 6 to connect Vietnamese and Japanese businesses in the support industries, aiming to help domestic firms seek partners and boost exports. The event, held by the Vietnam Trade Promotion Agency (Vietrade), Vietnam’s Trade Office in Japan, and the ASEAN - Japan Centre , will also help Vietnam ese businesses in the support industries to access new trends in the market, advanced technologies, and potential partners from Japan in order to develop more professionally. It will assist enterprises in Vietnam to maintain connectivity with the Japanese side and explore export opportunities, according to Vietrade. Statistics show that over the past years, Vietnamese companies have developed in terms of both quantity and quality. They have improved production capacity and are increasingly engaged in global production chains. The number of those firms currently accounts for … [Read more...] about Virtual event to connect Vietnamese, Japanese firms in support industries
Functional agencies cooperating to handle fake news on cyber space
The meeting held by the Authority of Broadcasting and Electronic Information (photo: Dangcongsan.vn) Accordingly, partners in the MoU are going to join hand in receiving reports on fake news on the Internet, verifying them, and then delivering official conclusion on the precision of those news pieces. In the first 6 months of 2022, functional agencies increased their monitoring of popular international social networks. They have asked the four major ones, namely Facebook, Google, TikTok, and Apple to stop and remove false information on their platforms. In related news, on June 30, the Alliance of Online Video Game Producers and Publishers in Vietnam was also established under the name of Vietnam Game Development Alliance (VGDA). The Aliance has 40 active members in the field of online games. By Ba Tan – Translated by Thanh Tam … [Read more...] about Functional agencies cooperating to handle fake news on cyber space
When people go to extreme lengths to save money
And it is not just breakfast. The 40-year-old Hanoian has specific menus for every meal of the day, typically containing a vegetable soup and two dishes. Eggs, tofu, peanuts, dried fish, and meat are part of them, but Tien insists that a meal for his family of four must not cost more than VND50,000 (US$2.15). The food is so monotonous that their youngest son, who is in third grade, frequently complains, "The meal at school is better than at home." Tien’s standard response is that he had to eat rice with corn and potatoes when he was a teenager, and so his children should be grateful for having "an affluent life." The family members cannot buy more than two new clothes in a year. When Minh asked to buy a new dress to wear on a company trip, he complained for a week because "there are four dresses hanging in the closet." Neither of their families faces any financial hardship and they themselves earn around VND40 million a month, which is much higher than the VND7.2-million … [Read more...] about When people go to extreme lengths to save money