Technology

Minister of Natural Resources and Environment Tran Hong Ha (R) and his Czech counterpart Richard Brabec (Photo: VNA) Prague (VNA) – Vietnam and the Czech Republic will enhance environmental collaboration under an action plan for cooperation during 2020-2025 signed between Minister of Natural Resources and Environment Tran Hong Ha and his Czech counterpart Richard Brabec in Prague on December 13. At the event, the two ministers spoke highly of the unceasingly consolidated traditional friendship between the two nations, describing it as a foundation for the environment ministries and sectors of both sides to boost cooperation in this field. Ha highlighted that the signing of the action plan, implementation of the Memorandum of Understanding signed between the two ministries in 2012 and the Vietnam-Czech environmental business forum will serve as a base for competent authorities of both sides to concretise cooperative activities in environment, climate change and technology … [Read more...] about Vietnam, Czech Republic step up environmental cooperation

This year’s HCMC ICT Contest is themed ‘Journey to a Smart City’ and was launched in August 2019. Until October 31, 2019, it received 65 papers, which were carefully evaluated in November for the awards ceremony to be held in December 2019. Many of these papers are from state organizations and in the fields of digital transformation, Internet of Things, smart operation, and practical applications for citizens. According to Deputy Director Le Quoc Cuong, among the 16 submitted papers of 12 enterprises in the first category of ‘Business with Outstanding Software Product’, the contest prioritizes domestic research results, those in the list of the key product program, and ideas to directly contribute to smart city establishment or solutions to the city’s current issues. Certain prominent candidates are the document administration system Doceye, the school management software, the integrated library management software Lac Viet Vebrary, and the … [Read more...] about ICT contest in HCMC honors practical ideas for smart city development

Vietnam has become an appealing investment destination for international textile and garment enterprises, as Vietnam’s apparel sector is expected to continue to register strong growth in the coming years. Visitors inspect equipment in the apparel sector at the 2019 Saigon Tex & Saigon Fabric Specifically, more than 1,000 suppliers from 24 countries and territories, including China, France, Germany, Japan, Singapore, the United Kingdom and Thailand, are participating in the 2019 Saigon Tex and Saigon Fabric exhibitions, the two events in the textile and garment industry held concurrently at the Saigon Exhibition and Convention Center in HCMC’s District 7 from April 10 to 13. There are 100 more exhibitors this year, than in 2018. Most of them agreed that Vietnam, a leading exporter of textiles and garments, is a promising market for suppliers of apparel materials and equipment. According to data from the General Statistics Office, Vietnam exported US$7.3 billion worth … [Read more...] about Vietnam’s apparel sector increasingly attractive to foreign investors

Particularly, Adidas has cut 50 percent of footwear made in neighboring countries and shifted orders to Vietnam because of cheaper labor costs. Similarly, Adidas’s rival, Nike current has up to 50 percent of its products made in Vietnam. According to Lefaso, as footwear products receive high tax reduction rate right after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) became effective, this has attracted several foreign investors in the footwear industry to come to Vietnam. Therefore, footwear export turnover to CPTPP’s member countries will continue to increase in the next years. However, in order to make use of the CPTPP, Lefaso and enterprises need to resolve obstacles, including brand name, material and technology. In the past, the industry’s value added was low due to its dependence on imported materials and auxiliary materials. Moreover, leather product suppliers in Vietnam lacked of knowledge and investment in technology. … [Read more...] about International sports brands increase production in Vietnam

The Vietnam Farmer’s Union, the Ministry of Agriculture and Rural Development and the provincial People’s Committee co-organised a ceremony to open the fourth Vietnam Rice Festival – Vinh Long 2019, in Vinh Long City, on December 13. At the ceremony, the organizing board honoured 105 outstanding organisations and individuals for their significant contributions to the development of collectives in Vietnam over the past two years. Addressing the event, permanent Vice Chairman of the Vietnam Farmers Association Luong Quoc Doan affirmed that the Festival is a big and important event of the Mekong Delta. The festival aims to support trade promotion, being an opportunity for businesses, cooperatives and individuals in production and business to exchange information on brand promotion and product consumption; to connect supply and demand of consumption markets; and to promote links, joint ventures, and apply new science and technology in production, processing and … [Read more...] about Fourth Vietnam Rice Festival opens