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Outstanding individuals honored at the event At the meeting, Deputy President of HUFO Nguyen Van Manh briefed delegates on the history of HUFO, affirming that the organization has continuously renewed both operational contents and forms over the past 30 years. Particularly, it has mobilized various sources from society to conduct people-to-people diplomacy activities, socio-political events, cultural and economic diplomacy and charity activities. In performing its functions and missions, HUFO has promoted friendship and solidarity, diplomatic relations between Vietnam and other countries and international organizations, contributing to the renewal process, and national development and protection of the Fatherland. The Deputy President of HUFO also revealed that HUFO now has 32 member chapters with 150 cells and holds some 80 events every year. It also mobilizes and collects more than US$ 40 million of donation from international organization, foreign-country-based … [Read more...] about HUFO makes large contribution to local socio-economic development

Online Friday 2019 is kicked off on Thursday evening. — VNA/VNS Photo Trần Việt HÀ NỘI — The Việt Nam eCommerce and Digital Economy Agency kicked off the Online Friday 2019 and e-commerce and digital technology experience week in Hà Nội on Thursday evening Speaking at the opening ceremony, Minister of Industry and Trade Trần Tuấn Anh said Online Friday was in its sixth year and had seen strong development and response from Vietnamese consumers as well as the business community. The first national online shopping day in 2014 saw a modest transaction total of VNĐ180 billion (US$7.7 million), said the minister. However, the programme has developed with more than 3,000 participating businesses and 27,000 products introduced through online shopping programmes, as well as e-commerce experience weeks. The turnover of the online shopping day reached more than VNĐ2 trillion … [Read more...] about Online Friday 2019 kicks off

Ahamove drivers protesting the company's policies in January Only several days ago, CEO Nguyen Vu Duc and the deputy CEO of Go-Viet also quit over uncertainties with their legal status and their relation to Go-Jek, as it is uncertain whether Go-Viet is an Indonesian company with Go-Jek as the parent company or whether Go-Jek is just an investor/shareholder. Similarly, Ahamove, the on-demand delivery startup developed by Scommerce, has replaced several senior leaders, letting go CEO Nguyen Xuan Truong among others who were disagreeing with the company’s strategy and development plan. Chief technology officer (CTO) Pham Huu Ngon will be the new CEO of Ahamove. Ngon is an IT engineer and rather well-known in tech startup circles. If in multi-national corporations the CFO (chief finance officer) is the person to usually succeed the CEO, it is reasonable for the CEO position to be ceded to the CTO at technology companies. Ahamove is a project of Scommerce Group founded by Luong Duy … [Read more...] about Ride-hailing and delivery companies lose ground to Grab

Deputy Minister of Foreign Affairs Nguyen Quoc Dung, also head of Vietnam’s ASEAN Senior Officials’ Meeting (SOM), speaks to Vietnam News Agency about the country’s ASEAN chairmanship role in 2020. Deputy Minister of Foreign Affairs Nguyen Quoc Dung.  2020 is the second time Vietnam will take ASEAN chairmanship. The first time was in 2010. How do you view the regional context and Vietnam’s position this time around? There are a lot of differences when Vietnam takes over ASEAN chairmanship next year compared to 10 years ago. The world’s situation has changed rapidly and strong competition among countries has multi-dimensional impacts on ASEAN, posing many challenges ASEAN has to adapt to. However, I think they also bring opportunities for ASEAN, such as from the Fourth Industrial Revolution or Industry 4.0. In 2020, Vietnam will also be a non-permanent member of the UN Security Council for the 2020-21 period. How will this role contribute … [Read more...] about Vietnam aims to boost ASEAN consensus as chairman

Hosted by the city Department of Industry and Trade, the workshop was also attended by Chairman of the city People’s Committee Nguyen Thanh Phong and Deputy Minister of Industry and Trade Do Thang Hai. Speaking at the event, head of HCMC Institute for Development Studies Tran Hoang Ngan emphasized that major economic sectors which the city gives development priority to have no longer fitted the trend of Industry 4.0. If the city wants to maintain the growth momentum at over 7 percent in coming years, it needs to adjust priority industries as well as develop new industries to suit the trend. Specifically, pharmaceutical chemistry and plastics-rubber are sensitive to the environment and labor intensive, requiring large scale factories but not creating high added value. At present, the narrowing land fund in the city is rocketing rent. Hence, these two industries will suffer heavily competitive pressure. Other industries including garment and textile, leather and footwear, … [Read more...] about HCMC needs to adjust major industries: experts