The CEO and Regional Head, Client Coverage, Americas, Standard Chartered, shared his view on Vietnam's significance for US businesses and why Vietnam is potential for foreign investors. Vietnam has gone from being a frontier economy in ASEAN to a flourishing, cost-effective industrial nation. Firms and investors looking for new markets to grow, source, or manufacture their products – especially in Asia – should consider Vietnam’s long-term potential and stay updated on its opportunities. Steven Cranwell, CEO and Regional Head, Client Coverage, Americas, Standard Chartered. Photo: Standard Chartered In recent years, Vietnam has benefited from the trade tensions between the US and China. With US companies adopting a ‘China plus one’ approach to their supply chains, the percentage of exports from Vietnam to the US has risen by approximately nine percent between 2018 and 2021. It is, however, important to note that Vietnam has been an alternative to China … [Read more...] about The significance of Vietnam for US businesses and why they should take notice: Standard Chartered
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Ninth National External Information Service Awards launched
The press conference launching the ninth National External Information Service Awards on March 29 (Photo: VNA) Hanoi (VNA) – The Steering Committee for External Information Service, the Party Central Committee’s Commission for Information and Education , the Vietnam News Agency (VNA), and relevant agencies launched the ninth National External Information Service Awards on March 29. The awards aim to honour outstanding authors, works, and publications in the field of external information service and help popularise the country’s development achievements in various areas. The Vietnam News Agency is the standing body of the ninth National External Information Service Awards. Addressing a press conference in Hanoi, Le Hai Binh , alternate member of the Party Central Committee, Vice Chairman of the Party Central Committee’s Commission for Information and Education, and Standing Vice Chairman of the Steering Committee for External Information Service, said that first … [Read more...] about Ninth National External Information Service Awards launched
Ceremony marks 20th anniversary of N.A. Standing Committee’s Board for People’s Aspiration
Speaking at the event, head of the board Duong Thanh Binh said the people's aspiration work has contributed to strengthening the trust of voters and the public in the Party and State, serving as an important channel for constituents nationwide to convey their aspirations to the National Assembly (N.A.), the Government and judicial agencies, and a bridge to build fine relationships between the N.A. and voters and people. N.A. Standing Vice Chairman Tran Thanh Man underlined the Party and State’s special attention to the people's aspiration work. He asked the board to work closely with the government and its organs, and the Vietnam Fatherland Front to fulfill the assigned tasks and send monthly reports on emerging, complex and prolonged issues to competent agencies. It was assigned to continue improving the quality of its reports; effectively review and monitor the settlement of complaints and denunciations when requested by the National Assembly Standing Committee. The board was … [Read more...] about Ceremony marks 20th anniversary of N.A. Standing Committee’s Board for People’s Aspiration
Vietnamese coffee reigns supreme on global coffee map
At the end of the twentieth century, Vietnam became the leading coffee producer in Southeast Asia and ranked second in the world after Brazil. Currently, Vietnam grows three varieties, Robusta, Arabica, and Liberia. Vietnam is now the world's largest producer of Robusta coffee and the second largest coffee exporter in the world after Brazil. The country’s coffee growing areas amount to some 710,000 ha in total, with most of those for harvest located in five Central Highlands provinces, including Dak Lak. In 2022, Vietnam shipped about 1.72 million tonnes of coffee overseas for 4 billion USD. Vietnamese coffee is now present in more than 80 countries and territories worldwide. In particular, the quality of Vietnamese Robusta coffee has been recognised by leading coffee-consuming powers. In addition, Vietnamese coffee has received myriad praise from a series of prestigious international press. Vietnam's drip and special iced milk coffee, meanwhile, are the favourite … [Read more...] about Vietnamese coffee reigns supreme on global coffee map
Grab Vietnam unveils the GrabUnlimited membership package
Unlike regular membership packages, GrabUnlimited offers myriad incentives for users of all Grab services at attractive prices. Thus, consumers will have a cost-saving alternative amidst the inflation crisis. GrabUnlimited is one of the focuses of Grab's development strategy to unlock the power of a super app ecosystem in Vietnam. The package promises discounts across services on the Grab app, and is hoped to increase users' engagement with the platform and deliver attractive privileges to frequent customers. Before Vietnam, GrabUnlimited was tested in Indonesia, Malaysia, Singapore, Thailand, and the Philippines. During the trial period from March 24 to June 30, users will be able to register for a GrabUnlimited membership package for VND1,000 ($0.043) per month for the first two months to enjoy the special offers. 99 promotional codes will be available for a lower delivery fee of VND15,000 ($0.64) for GrabFood orders with a value of VND100,000 ($4.26). The codes can be … [Read more...] about Grab Vietnam unveils the GrabUnlimited membership package