Vietnam, South Africa Boost Trade, Investment and Tourism Promotion "In the framework of Vietnam - Africa/Middle East Business Forum, which aims to tap into African - Middle East markets, the Vietnam Chamber of Commerce and Industry (VCCI) has launched many business supports for enterprises of both sides, e.g. forums and meetings for financial and banking companies, business matching events, presentations on business administration, human resource development administration, introduction of business opportunities and partner matching.” This information is shared by Dr Doan Duy Khuong, Vice President of VCCI, at the Vietnam - South Africa Trade, Investment and Tourism Promotion Conference. The event was jointly held by VCCI in cooperation with the Dak Lak Provincial People’s Committee and the Embassy of South Africa in Vietnam in Buon Me Thuot City in early November 2016. Currently, Vietnam is a leading strategic partner of South Africa in the Southeast Asian region. … [Read more...] about Vietnam, South Africa Boost Trade, Investment and Tourism Promotion
Promoting domestic tourism in south africa
I. ECONOMY 1. Manufacturing: 1.1. Industrial manufacture: - Estimated value of industrial manufacture in 4/2009 is VND 6,405.5 billion (fixed price in 1994), up 1.4% against last month. The first four months reach VND 24,982.5 bil, achieving 27,2% of the plan and up 6,9% compared with the same period last year. a/ Central state industrial sector: Estimated value of industrial manufacture in 4/2009 is VND 674.9 billion, equal to 96.2% last month; the first four months reach 2,446.5 bil, achieving 25.4% of the plan, equal to 95.2% the same period last year. … [Read more...] about Socio-Economic Overview in April 2009 and the first four months of 2009; Some key tasks in May 2009.
Vietnam promotes trade, tourism in ChileVietnamese Chargé d'affaires a.i. in Chile Nguyen Minh Anh introduced the potential for cooperation between Vietnam and Chile in trade and tourism at a seminar in Chile on January 19.Anh highlighted the remarkable growth in bilateral trade exchange recently, with value reaching 1.28 billion USD. He noted that Vietnam is the 10th biggest foreign trade partner and the second largest Southeast Asian market of Chile.The diplomat underlined the trend among young Chilean entrepreneurs to seek investment opportunities in Southeast Asia, including Vietnam.A representative of the Chilean Ministry of Foreign Affairs said the Vietnam – Chile free trade agreement, effective in 2014, has made significant contributions to increasing trade exchanges between the two nations.Vietnam can serve as a gateway for Chilean products to enter ASEAN markets, while Chile as a bridge connecting Vietnam and Latin America.The seminar, jointly hosted by the Embassy … [Read more...] about BUSINESS IN BRIEF 23/1
Deloitte Vietnam talks corporate governance with public companies The audit committee is established with the aim of enhancing confidence in the integrity of an organization's processes and procedures relating to internal control and corporate reporting including financial reporting. The committee has thus become one of the main pillars of the corporate governance system around the globe in public companies and its establishment is thus a fundamental prerequisite to the attraction of portfolio equity investment. This is according to auditors of Deloitte Vietnam, who on June 9 presented for Vietnamese listed companies a seminar addressing international norms in corporate governance. At the seminar, Ha Thu Thanh, chair and CEO of Deloitte Vietnam explained in considerable detail the need for public companies to raise their awareness of the ramifications of corporate governance and the role of audit committee in supervising the efficiency and effectiveness of internal audits. The seminar … [Read more...] about BUSINESS IN BRIEF 12/6
Milk market marks new price hike Local dairy products on the local market entered another price hike a few days ago when owners of many stores adjusted their prices up by 5-7%. Particularly, a set of four Vinamilk fresh milk boxes is now sold at VND26,000, rising VND2,000 per set. Yogurt is priced at VND19,000 a four-box set, against the previous level of VND17,000. Meanwhile, a 900g can of the powder milk Dielac Anpha 123 is sold at VND174,000, marking up VND14,000 from the previous price. Vietnam Dairy Products Company (Vinamilk) intended to apply the new prices to its products from January 23, or the first day of Lunar New Year, but not until February 1 did retailers adjust prices up. Vinamilk explained the price of input dairy material has increased by 20% and other materials up 40-60%. In addition, the input costs of power and water as well as transport and fuel expenses have surged by 10-15% year-on-year. Therefore, the company has to raise prices to make up for … [Read more...] about BUSINESS IN BRIEF 18/2