Russia to simplify visa procedures for 6 countries including vietnam vnexpress international

Vietnam’s e-commerce export revenue is currently experiencing a remarkable annual growth rate exceeding 20 percent and is projected to reach VND296.3 trillion (US$12.6 billion) by 2027. The forecast was released at the Vietnam Cross-border E-commerce Conference 2023 held in Hanoi on Wednesday by the E-commerce and Digital Economy Agency under the Ministry of Industry and Trade in collaboration with Amazon Global Selling, a program that enables merchants to list and sell their products across the world on U.S. e-commerce giant Amazon’s marketplaces. In her remarks at the event, Lai Viet Anh, deputy director of the E-commerce and Digital Economy Agency, highlighted the flourishing global trend of cross-border e-commerce, which is gaining momentum in numerous countries worldwide. “In Vietnam, the retail e-commerce sector demonstrates an annual growth rate of more than 20 percent annually,” Anh said. With this impressive growth rate, Vietnam possesses immense potential for the … [Read more...] about Vietnam’s e-commerce export revenues grow over 20% per year: conference

Illustrative image (Courtesy of AFD in Vietnam) The European Union (EU) and France, through the French Development Agency (AFD), recently offered 20 million EUR (23.6 million USD) in aid to Vietnam to help improve resilience, water and natural resources management . On May 11, Ambassador of the EU to Vietnam Giorgio Aliberti and AFD Director in Vietnam Fabrice Richy signed an agreement to enhance cooperation to improve resilience to climate change and natural disasters in Vietnam, moving towards a “green future”. Under the agreement, the EU will provide a non-refundable aid of 20 million EUR for AFD. Via coordination with central and local authorities, AFD will call on the Water and Natural Resources Management (WARM) Facility to prepare and launch projects co-financed by AFD’s loans and Vietnam’s resources during the 2011-2029 period with total estimated capital of 200 million EUR. As planned, the WARM will back the preparation and implementation of more … [Read more...] about EU and France help Vietnam towards a green future

According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), accumulatively as of May 20, total foreign direct investment (FDI) inflows into Vietnam reached $10.86 billion, a drop of 7.3 per cent on-year, the fall is getting smaller than in previous months. Of this, newly registered capital was $5.26 billion, up 27.8 per cent on-year; additionally registered capital was $2.28 billion, down 59.4 per cent; and capital contribution and share purchase $3.32 billion, up 67.2 per cent. Do Nhat Hoang, FIA director-general, said that the rise of newly registered investment in the first five months is much higher than that in the first four months (11 per cent). The number of newly registered projects in the first five months also soared sharply on-year (66.4 per cent) to over 960 projects. “The growth rate of the number of new projects confirms that small- and medium-sized foreign investors continue to believe in Vietnam’s business environment,” said Hoang. … [Read more...] about Vietnam tasked with gaining FDI edge

Minister of Foreign Affairs Bui Thanh Son (L) meets with OIF Secretary General Louise Mushikiwabo in Paris on June 7 (Photo: VNA) Paris (VNA) – Minister of Foreign Affairs Bui Thanh Son on June 7 visited the headquarters of the International Organisation of La Francophonie (OIF) in Paris and met with OIF Secretary General Louise Mushikiwabo. At the working session with Mushikiwabo, Son affirmed his support for the OIF’s endeavours in promoting the use of the French language, cultural diversity, and economic cooperation within the Francophone space . Vietnam is an active and responsible member of the Francophone community, he said, expressing his appreciation for the OIF’s attention to regional matters, including the East Sea issue. The minister also made a series of proposals to fortify cooperation between Vietnam and the organisation in economy-trade and French language teaching, particularly for Vietnamese officers participating in the UN peacekeeping mission in … [Read more...] about Vietnam, OIF back promoting French language training

Vice chairman of Ho Chi Minh City People’s Committee Bui Xuan Cuong on April 20 received Regional Representative for Asia - Pacific of the International Organisation of La Francophonie (OIF) in Hanoi Edgar Doerig. (Photo: VNA) HCM CITY (VNA) –  Vice chairman of Ho Chi Minh City People’s Committee Bui Xuan Cuong on April 20 received Regional Representative for Asia - Pacific of the International Organisation of La Francophonie (OIF) in Hanoi Edgar Doerig who is paying a working visit to the city. At the meeting, Cuong asked Edgar Doerrig to support the operation of cultural and French teaching centres in the city and at the Institute of Cultural Exchange with France (IDECAF). He also called for support to activities between the city and French-speaking partners, France, and the community of French-speaking countries in fields. For his part, Edgar Doerig said that OIF expects to further promote investment and trade activities between France and Vietnam, including Ho Chi … [Read more...] about Ho Chi Minh City, International Organisation of La Francophonie tighten cooperation

Vietnamese Foreign Minister Bui Thanh Son (front, centre) at a session of the OECD Ministerial Council Meeting 2023 (Photo: VNA) Paris (VNA) – Minister of Foreign Affairs Bui Thanh Son is taking part in the Organisation for Economic Cooperation Development (OECD) Ministerial Council Meeting 2023 in Paris on June 7 - 8. Minister Son attended the event as representative of Vietnam – co-chair of the OECD Southeast Asia Regional Programme, at the invitation of OECD Secretary-General Mathias Cormann and the UK’s Foreign Secretary James Cleverly. Themed “Securing a Resilient Future: Shared Values and Global Partnerships”, the meeting is the most important event of the OECD in 2023, attracting the participation of ministers of the OECD member states and guest countries, along with leaders of the European Commission and many international organisations. Addressing the event, the Vietnamese official emphasised that sustainable and inclusive growth is secured only when … [Read more...] about Vietnam makes suggestions at OECD Ministerial Council Meeting 2023

On the morning of November 30 last year, Minh, now 29, received an email from his employers at DoorDash, the largest online food delivery company in the U.S. The company announced that it was letting him go. Just a day earlier, Minh was still the leader of one of the company’s finance management team. When he received the email, Minh had already studied and worked in the finance field in the U.S. for over a decade. He has a bachelor’s degree in accounting, a master’s in data science, is a certified Chartered Financial Analyst (CFA), as well as a Certified Public Accountant. "Though the layoff wave at that time was staggering many tech firms, I still couldn’t believe my eyes. I was aware of the financial situation of the company [DoorDash], and it was good," Minh said. The next thing he did was call his manager, hoping the letter may have been a mistake. The manager said they were surprised by the news and promised to look into the matter. Ten minutes later, it was … [Read more...] about Vietnamese worker back on feet after US layoff

Hanoi has accumulated about US$69.844 billion in foreign direct investment, ranking second in the country. Hanoi plans to build more industrial parks to attract foreign investment. Simultaneously, the city will prioritize site clearance and expedite the development of a comprehensive and modern infrastructure system. Overview of the meeting. Photo: Hoai Nam/The Hanoi Times Deputy Chairman of the Hanoi People's Committee Nguyen Manh Quyen revealed the plan today [June 8] at a meeting with representatives of the Ministry of Planning and Investment to discuss solutions to further attract foreign direct investment (FDI) into the capital . Nguyen Ngoc Tu, Deputy Director of the Hanoi Department of Planning and Investment, revealed that the city had seen a significant increase in FDI in the first four months of 2023, reaching $1.82 billion, a remarkable 260% increase compared to the same period last year. Numerous projects in sectors such as … [Read more...] about Hanoi eyes new industrial parks to lure foreign investors

Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry speaks at the opening ceremony of the exhibition. (Photo: VNA) Hanoi (VNA) – The 11th Hanoi International Plastic, Rubber, Printing, and Packaging Industry Exhibition (Hanoi PlasPrintPack 2023) was opened in Hanoi on June 8, attracting 200 companies with 340 booths. The companies are from 11 countries and territories including China, India, Indonesia, Japan, Malaysia, the Philippines, Taiwan (China), Hong Kong (China), Thailand, the UK, and Vietnam. Speaking at the opening of the exhibition, Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry, said that along with the development of the domestic manufacturing industry, the plastic, packaging, and printing industries also see rapid growth. They are supporting industries with great potential and require high-tech products, modern production processes, and management to increase competitiveness in the market. Ho Duc … [Read more...] about Over 200 companies join Hanoi PlasPrintPack 2023

The Indonesian Maritime Security Agency (Bakamla) is chairing the 2023 ASEAN Coast Guard Forum in Jakarta from June 6-9 (Photo: antaranews.com) Jakarta (VNA) - The Indonesian Maritime Security Agency (Bakamla) is chairing the 2023 ASEAN Coast Guard Forum in Jakarta from June 6-9 to discuss cooperation in protecting waters from various threats, including illegal fishing. Speaking at a press conference on June 7, head of Bakamla, Vice Admiral Aan Kurnia said that the forum aims to establish cooperation to maintain security and stability in ASEAN. He noted that it also encourages information sharing, coordination, and joint training among its member countries. The forum also aims to build trust among coast guards in Southeast Asia. Running in Jakarta from June 6-9, the forum is being attended by representatives from seven ASEAN member countries, namely Malaysia, Thailand, Singapore, the Philippines, Brunei, Cambodia, and Indonesia, which is chairing the forum for the … [Read more...] about ASEAN discusses maritime protection