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Japanese pharma firm Eisai Vietnam Co., Ltd opened a new business office in HCM City on Thursday, May 12, 2022. — Photo courtesy of the company Japan-headquartered pharmaceutical company Eisai Vietnam has inaugurated a new business office in HCM City, reaffirming its decades long presence in the country. The new office is located at the Saigon Giai Phong Tower at 432-438 Nguyen Thi Minh Khai Street in the city’s District 3. Yuki Inoue, general director of Eisai Vietnam, said the company aimed to improve the distribution system, introduce innovative drugs, and contribute to improving benefits for patients based on its human health care or “hhc” philosophy. He explained that Eisai's corporate philosophy gives first thought to patients and their families, and to increasing the healthcare benefits that meet significant unmet medical needs. Eisai Vietnam is a wholly owned subsidiary of Eisai Co Ltd, a leading global research and development-based pharma company headquartered in … [Read more...] about Japanese pharma firm opens new office in HCM City

The launching ceremony of AWS re/Start, a programme that helps unemployed and underemployed people learn cloud computing skills and connect participants with employment opportunities. — Photo Courtesy Amazon Web Services AI Education and Cloud Kinetics have recently announced a tie-up with Amazon Web Services for providing free cloud computing skills and job training through AWS re/Start. The 12-week virtual training programme will help unemployed and underemployed people learn cloud computing skills and connect participants with employment opportunities. The first AWS re/Start cohorts taught virtually by AI Education instructors begins in May in HCM City and Ha Noi. Upon completion, Cloud Kinetics will help the graduates by connecting them with employers such as Orient Commercial Joint Stock Bank for entry-level cloud roles such as cloud operations, site reliability, infrastructure support, and technical adjacent business support functions. Bung Tran, co-founder and … [Read more...] about Free AWS re/Start cloud skills training programme launched in Viet Nam

Hoa Phat Group is the only Vietnamese production firm in the Top 2,000 largest companies in the world in 2022 (Global 2000). Photo courtesy of the firm Hoa Phat Group had the highest revenue and profit among five Vietnamese firms listed in the Top 2,000 largest companies in the world in 2022 (Global 2000) announced by Forbes. It is also the only Vietnamese production firm in the list. Forbes collected the latest financial data as of April 22, 2022 to rank businesses globally according to four criteria including revenue, net profit, total assets and market capitalisation. The other Vietnamese firms included in the list are all banks: Vietcombank, Vietinbank, BIDV and Techcombank. In 2021, Hoa Phat recorded VND150.8 trillion (US$6.5 billion) in revenue and reached a net profit of VND34.5 trillion for the first time, up 65 per cent and 156 per cent respectively compared to 2020. Its net profit margin in 2021 reached 23 per cent. Its total contribution to the State budget last … [Read more...] about Hoa Phat Group listed in Forbes’ Top 2,000 largest firms in the world

FPT Software is providing services to more than 700 customers worldwide, including 100 Fortune Global 500 firms. FPT Software, a subsidiary of Vietnamese FPT Corporation, on May 15 opened an office in New York, marking its 10th in the US to tap the annual IT growth rate of 6% in the world’s leading IT market. The opening ceremony was attended by Vietnam’s Prime Minister Pham Minh Chinh, who is on his week-long visit to the US. The opening ceremony of FPT Software's New York Office was attended by Vietnam's PM Pham Minh Chinh (4th from left), and representatives from Vietnam and the US. Photos: VGP Located at 295 Madison Avenue, Midtown Manhattan, the new office, which is FPT Software’s 58th unit globally, aims to continue providing services and digital transformation to dozens of Fortune 500 in the US. Midtown Manhattan is the financial hub of New York City, which is home to famous buildings namely the Empire State, Chrysler, and Rockefeller Center that … [Read more...] about FPT opens new office in New York, 10th in US

Vietnamese Prime Minister Pham Minh Chinh (left) met with US President Joe Biden, photo VNA All eyes were focused on last week’s US-ASEAN Special Summit in Washington D.C., where both sides demonstrated their closer ties across many sectors including global health security, climate change, sustainable development, maritime cooperation, human capital development, and education, as well as connectivity and economic engagement, and especially digital development. The US and ASEAN have reaffirmed their commitment to support digital development in the bloc so as to realise its vision “of a peaceful, secure, open, interoperable, reliable and resilient ICT environment”. The US vows to “support development of ASEAN’s digital infrastructure to drive robust, inclusive economic growth and prosperity; and promote development of a secure, resilient, and innovative 5G ecosystem as well as exchange views and experiences on cyber threats and on the regulatory framework and technical standards … [Read more...] about United States widens ASEAN engagement

Last year, around 140 countries and territories agreed in principle to set up a minimum corporate tax rate-illustration photo, Source:Freepik.com At a conference on May 10, the Vietnam Association of Foreign-Invested Enterprises (VAFIE) released its first annual report on foreign direct investment (FDI) in the country. One of the discussion points at the event was the topic of a global minimum corporate tax and its potential impact on Vietnam’s FDI prospects. Last year a landmark agreement was reached on a minimum global corporate tax rate of 15 per cent. However, the proposal is still in its early stages and getting the majority of nations to come to implemented it may take plenty more time. “Large corporations often choose to pour money into nations with good tax regimes and more incentives. If the global minimum tax of 15 per cent is applied, it will certainly have a big impact on businesses in Vietnam,” said Hong Sun, vice chairman of the Korea Chamber of Business in … [Read more...] about Nation urged to prepare for tax overhaul

Vietnamese fencer Bui Thi Thu Ha defeats her opponent from Singapore Ong Shu Hui Jessica in the women’s sabre individual event in Hanoi on May 15. (Photo: VNA) Hanoi - Vietnamese fencer Bui Thi Thu Ha defeated her opponent from Singapore Ong Shu Hui Jessica in the women’s sabre individual event in Hanoi on May 15, earning the country the third gold medal in fencing at the ongoing SEA Games 31. Ha repeatedly went behind the Singaporean rival but managed to bounce back to claim a 15-11 win at the end. It is the first time she has topped an individual event at SEA Games. She said she was very happy and wanted to dedicate the gold medal to her coaches and teammates as well as the Vietnamese fans. She has just been back for training after a eight-month maternity leave. Head coach Pham Anh Tuan said he is confident that Vietnam’s fencing team will be able to earn five golds at this year’s SEA Games. VNA … [Read more...] about SEA Games 31: Vietnam claim third gold medal in fencing

Vietnamese wushu athlete Hoang Thi Phuong Giang (Photo: VNA) Hanoi – Vietnamese wushu athlete Hoang Thi Phuong Giang won a gold medal on May 15, the last competition day of the sport at SEA Games 31. With 9.71 points, Giang brought home the gold medal in the women’s Changquan category. Her teammate, Duong Thuy Vi also bagged a bronze medal in the event. In the women's taijijian event, Tran Thi Minh Huyen secured a silver and Tran Thi Kieu Trang pocketed a bronze for Vietnam. The gold medal came to Wong Agatha Chrystenz of the Philippines. The same day, Pham Quoc Khanh also won a silver for Vietnam in the men’s category, apart from a gold he earned earlier. On May 13 and 14, Vietnamese wushu athletes bagged three gold and five bronze medals after two days of wushu taolu competitions. Duong Thuy Vi secured two gold medals in the women’s jianshu and qiangshu. The bronze medalists are Ngong Van Huu (two medals), Dang Tieu Binh (two medals) and Hoang Thi Phuong Giang (one … [Read more...] about SEA Games 31: Vietnam’s wushu athlete claims another gold

Runners Nguyen Thi Oanh (right) and Pham Thi Hong Le won the gold and silver medals in the women’s 5,000m event at SEA Games 31. (Photo: VNA) Hanoi – As of 9pm on May 14, Vietnam had topped the medal tally at SEA Games 31 with 93 medals, including 38 golds, 27 silvers and 28 bronzes. Thailand ranked second with 14 gold, 14 silver and 29 bronze medals, followed by Indonesia with 13 golds, 17 silvers and 7 bronzes. Also on May 14, Brunei won its first gold medal at SEA Games 31 in the men's taolu nanquan (southern boxing style) event. Meanwhile Laos and Timor Leste are still looking for the first gold medal. The Vietnamese sports delegation had great successes on the second official competition day at SEA Games 31 when they secured 15 gold, 15 silver and three bronze medals. Rowing is the most impressive team with four gold medals on the last day of competition. This result helped the Vietnamese team overtake Indonesia to take the first place at the Games, with eight golds, … [Read more...] about Vietnam temporarily leads medal tally at SEA Games 31

Pham Tien San won the first gold medal in Duathlon for Vietnam at SEA Games 31. (Photo: VNA) Quang Ninh – Athlete Pham Tien San won the first gold medal in Duathlon for Vietnam at the 31st SEA Games on May 15 on Tuan Chau beach in the northern province of Quang Ninh. San finished first in the competition with a time of 1:55:58. Ferbriade Rudi and Johan Jauhari, both of Indonesia, secured the silver and bronze medals a time of 1:56:12 and 1:57: 36, respectively. 31-year-old San had won three silver medals at SEA Games held in 2013, 2015 and 2017. Thirteen male athletes from seven regional countries took part in the event. The Duathlon event at SEA Games 31 has two sets of medals for men's and women's individual events. Athletes compete in a 10km run, 40km cycling and 5km run. SEA Games 31, themed “For a Stronger South East Asia”, is being held in the capital and 11 neighbouring provinces and cities until May 23. It features 40 sports with 523 events, drawing around … [Read more...] about SEA Games 31: Vietnam bags first gold medal in Duathlon