Support industry products

The Ministry of Agriculture and Rural Development (MARD) has selected Hanoi as the locality to launch the project “Food Safety for Development”. The signing and launching ceremonies of the cooperation program to support Hanoi in building and developing some sustainable product value chains was held this week in the capital city by  MARD‘s  National Agro-Forestry-Fisheries Quality Assurance Department and the city’s Department of Agriculture and Rural Development and the Embassy of Canada in Vietnam. An overview of the signing ceremony. Photo: kinhtedothi.vn The project’s goal is to support the capital city in establishing eight sustainable agro-forestry-fishery value chains as well as the branding and marketing of some of their products, Director of the National Agro-Forestry-Fisheries Quality Assurance Department Nguyen Nhu Tiep said at the event. Selected chains will receive supports in infrastructure, equipment, quality improvement and food safety from … [Read more...] about Hanoi selected to support sustainable product value chains

The department launched the second phase of a network of industry promotion collaborators operational since March 2022. In 2022, Dong Nai Province was allocated VND17.331 billion to realize industry promotion activities, including seven key tasks – support for 15 rural industrial manufacturers in applying advanced machinery and equipment to industrial and handicraft production, provincial recognition for 20 outstanding rural industrial products and assistance for one rural industrial establishment to open a product showroom, support for joint ventures, economic cooperation, industrial zone development and relocation of polluting establishments. Introducing OCOP products of Dong Nai Province The department has found solutions to help rural industrial establishments take advantage of market opportunities and effectively confront difficulties. The province is realizing industry promotion activities according to an approved plan, including organization of startup and … [Read more...] about Dong Nai Province boosts local industry

Visitors to the 20th International Medical, Hospital & Pharmaceutical Exhibition that opened on August 11 in HCMC. (Photo: VNA) The market is now worth US$1.5 billion, up from $1.1 billion in 2017, Hua Phu Doan, deputy chairman of the association, said. Domestic medical devices manufacturers make mostly basic stuff and meet only 10 percent of demand while the remaining 90 percent is imported, he told a meeting held recently in HCMC. The number of foreign manufacturers in Vietnam remains modest due to the lack of development of supporting industries and the absence of an industrial cluster in this sector, he said. In Doan's opinion, foreign investment in the production of medical devices is vital to reduce reliance on imports and facilitate development of supporting industries serving the healthcare sector. The 20th International Medical, Hospital & Pharmaceutical Exhibition, which opened in HCMC on August 11, serves as a platform for foreign businesses to explore … [Read more...] about Vietnam seeks foreign investment in medical devices production

Phan Quang Vinh, head of Marketing for RX Tradex, said that in addition to annual activities, the Vietnam Electronics Forum 2022 is a focal event before Vietnam’s only SMT Exhibition on Testing Technologies, Equipment and Supporting Industries for Electronics Manufacturing (NEPCON Vietnam), which is scheduled to take place from September 14-16. It will feature electronic components, cell phone components, flat panel display modules, applications, automotive components, component manufacturing technology and more. The forum is part of a series of events and practical activities to support electronics firms in production, market expansion, access to international business opportunities and participation in global supply chains. As the COVID-19 pandemic is brought under control and trade and production activities are recovering, the exhibition will provide opportunities for Vietnamese electronics firms to meet potential partners from all over the world and learn new market trends. … [Read more...] about Major electronics show scheduled in Hanoi

Vietnamese and Polish businesses exchange cooperation opportunities at a networking event on Thursday in HCM City. — VNA/VNS Photo Viet Nam appreciates Poland’s continued support in pushing for the EU’s early ratification of the EU-Viet Nam Investment Protection Agreement (EVIPA) and removal of the EC’s “yellow card” warning against Viet Nam’s fishing industry. Speaking at a networking event on Thursday, Nguyen Huu Nam, deputy director of the Viet Nam Chamber of Commerce and Industry (VCCI) in HCM City, said these developments would help expand Viet Nam-Poland trade and investment relations. The European Parliament (EP) recently passed a report on its Indo-Pacific strategy in the area of trade and investment, stressing the importance of the EU’s free trade agreements with partners in the region. The report called on EU members to ratify the EVIPA so that it can take effect early and create optimal conditions for promoting the EU’s investment in the region and Viet Nam. … [Read more...] about Viet Nam, Poland to expand trade and investment ties

A worker checks products at a storage facility of Hoa Phat Group (HPG). The company's shares surged 2.4 per cent on Friday. — Photo hoaphat.com.vn Vietnamese shares finished the week higher, ending several days of sell-offs with a rebound fuelled by securities and steel stocks. On the Ho Chi Minh Stock Exchange, the VN-Index rose 0.82 per cent to close at 1,262.33 points. The VN-Index had lost 0.54 per cent in the last two days. More than 541.7 million shares worth VND13 trillion (US$555.7 million) were traded on the southern exchange. The market's breadth was positive with 273 stocks climbing, of which eight hit ceiling prices, while 166 declined. The VN30-Index, which tracks the 30 biggest stocks on HoSE, jumped 0.68 per cent, to 1,280.96 points. In the VN-30 index, gainers included Asia Commercial Bank (ACB), FPT Corporation (FPT), PetroVietnam Gas JSC (GAS), HDBank (HDB), Hoa Phat Group (HPG), Military Bank (MBB), Masan Group (MSN), Mobile World Group (MWG), … [Read more...] about Shares finish week higher on the back of steel, securities sectors

Opening up a new business Tang The Cuong, Head of the Climate Change Department under the Ministry of Natural Resources and Environment said Vietnam is strengthening its capacity to build and operate a carbon market to realize its target of cutting GHG emissions under the Paris agreement, creating new impetus for low-carbon economic growth and sustainable development. Specifically, Vietnam will cut its total GHG emissions by nine percent compared to its previous development scenario, equivalent to 83.9 million tonnes of CO2, by using domestic resources. With international support, it will increase emission cutbacks to 27 percent, equivalent to 250.8 million tonnes of CO2. Using agricultural and forestry by-products in biomass power production Using internal resources, the potential to reduce emissions in the energy sector is 51.5 million tonnes of CO2 equivalent; in agriculture 6.8 million tonnes; in wastes 9.1 million tonnes; in industrial processes 7.2 million … [Read more...] about Progress made toward carbon credit market

Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 12. – Deputy Minister of National Defence Sen. Lt. Gen. Hoang Xuan Chien received UN Resident Coordinator in Vietnam Pauline Tamesis in Hanoi on August 12, saying that Vietnam will take part in UN peacekeeping operations more extensively in the time ahead. Chien appreciated the cooperation and assistance from the UN and its agencies in Vietnam, especially the UN Resident Coordinator Office, when the country served as the ASEAN Chair in 2020 and a non-permanent member of the UN Security Council during 2020 - 2021. Read full story – The National Assembly of People's Power of Cuba has received 750 tablets, two servers and two printers as gifts from the Vietnamese counterpart. Speaking at the handover ceremony held on August 11 in Havana, Vietnamese Ambassador to Cuba Le Thanh Tung said the equipment is intended to help the Cuban legislature improve its operational … [Read more...] about ☕ Afternoon briefing on August 12

NovaGroup on Thursday receivedthe ‘Best Companies to Work for in Asia 2022’ award from HR Asia magazine. Earlier its subsidiary, Novaland, won the award for three consecutive years until 2021. The HR Asia Best Companies to Work for in Asia award recognises organisations that have been identified by their employees as anemployer of choice and endorses the choices. The award is targeted at companies across Asia and recognises companies with the best HR practices and which demonstrate high levels of employee engagement and excellent workplace cultures. The high-profile nature of this award attracts applications from across the board: Fortune 500 companies, multinational corporations,government-linked companies, and other companies of various types. This year ‘Diversity, Equity and Inclusion’ were the criteria for choosing the recipients. Nguyen Bach Kim Vy, deputy operating director of NovaGroup, said: “The award proves the effective human resource development policies that … [Read more...] about NovaGroup wins ‘Best Companies to Work for in Asia’ award

The study found that 61 per cent of the surveyed businesses plan to increase their headcounts, while 27 per cent will maintain their workforce. Manufacturing and processing to account for the strongest recruitment Manufacturing and processing toped the industries planning to increase recruitment within the next six months with 19 per cent, followed by wholesale, retail, and trading (12.7 per cent), professional consulting services (9.5 per cent), banking and finance (9.5 per cent), construction (6.4 per cent), food and beverage, hospitality, and leisure (6.4 per cent), and real estate (6.4 per cent). Vietnam's hiring intentions for H2/2022 The most in-demand job levels include executive and junior levels (49 per cent). The runners-up are blue-collar workers (24 per cent), senior management (18 per cent), C-suite (5 per cent), and fresh graduates without experience (4 per cent). The survey also reveals that over 70 per cent of the surveyed companies have … [Read more...] about Employers expect hiring to increase in H2