Manulife Vietnam will plant up to 2,200 trees on behalf of customers in Ben En National Park under the insurer’s latest campaign, which runs from June 12 through to the end of September. — Photo courtesy of the company In partnership with local environmental NGO Gaia Nature Conservation, Manulife Vietnam has helped plant 7,000 trees across seven hectares this year as part of its expanding network of ‘Customer Forests’. The insurer’s latest campaign, which runs from June 12 through to the end of September 2022, encourages its customers to receive digital communications instead of paper correspondence. The company aims to get 22,000 customers to go digital by simply registering or updating their email. In return, the insurer will plant up to 2,200 trees on their behalf in Ben En National Park, Thanh Hoa Province. The company’s push to go digital further underscores the focus placed on reducing paper waste across its operations in Viet Nam. Naren Baliga, Manulife Vietnam chief … [Read more...] about Manulife Vietnam eyes a sustainable future with ‘Customer Forests’
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UKVFTA brings about positive outcomes for both sides: official
Illustrative photo (Source: VNA) Hanoi (VNA) – The UK-Vietnam Free Trade Agreement (UKVFTA), which took effect in early 2021, has so far brought about positive outcomes for both countries, Deputy Director General Ngo Chung Khanh of the Ministry of Industry and Trade’s Multilateral Trade Policy Department has affirmed. At a virtual conference on promoting firms’ UKVFTA -induced advantages in Hanoi on June 29, Khanh noted the exports from Vietnam to the UK have grown by 17% and from the UK to Vietnam, by 23%. Phan Thi Thanh Xuan, Vice Chairwoman of the Vietnam Leather, Footwear and Handbag Association ( LEFASO ), said the pact has helped Vietnam’s footwear shipments to the UK bounce back from a serious reduction due to Brexit. As of May 2022, Vietnam’s export of the product to the UK raked in 330 million USD or half the target set for the year. Xuan said footwear exporters to the market face strict requirements in terms of safety, production, and environmental … [Read more...] about UKVFTA brings about positive outcomes for both sides: official
Rumor on former Minister of Health’s suicide in prison denied
Major General Nguyen Van Thanh, Deputy Director of the Police Department for Investigation of Crimes on Corruption, Economy and Smuggling (C03) under the Ministry of Public Security provided more information about investigation process of the case at Viet A Company. As for the case of Viet A Company, the Ministry of Public Security is under investigation for the acts of the arrestees including former Minister of Science and Technology, former Chairman of Hanoi People's Committee Chu Ngoc Anh and former Minister of Health Nguyen Thanh Long. Amid the rumors about former Minister of Health Nguyen Thanh Long and former Director of Hanoi Heart Hospital Nguyen Quang Tuan suicided in prison, the leader of C03 confirmed that it is fake news. Major General Nguyen Van Thanh affirmed that the arrestees are in normal psychology state. By Do Trung- Translated by Huyen Huong … [Read more...] about Rumor on former Minister of Health’s suicide in prison denied
Practical actions needed to ensure efficiency of OV-related policies: FM
Foreign Minister Bui Thanh Son addresses the event (Photo: VNA) Hanoi (VNA) – It is crucial to promptly turn Party and State’s policies regarding overseas Vietnamese affairs into practical actions to ensure their efficiency, stated Foreign Minister Bui Thanh Son at a conference on June 29 to popularise and implement the Politburo’s conclusion on the work. FM Son underlined that OV affairs have received great attention from the Party and State as an important part of the policies to build and reinforce the national great solidarity bloc. The Party and State hope and encourage and create all favourable conditions for OVs to promote their national pride and maintain the national cultural identity and traditions, promoting solidarity, mutual friendship and engaging in national development and defence, he affirmed. The minister highlighted the major contents of the Politburo’s Conclusion, stressing that it continues to affirm the policy of encouraging and creating optimal … [Read more...] about Practical actions needed to ensure efficiency of OV-related policies: FM
Dairy sector milks trade agreements for greater opportunities
Trade promotion plays a key role for the dairy sector How has the dairy sector recovered from the pandemic? Despite the prolonged pandemic, the domestic dairy market still reached VND113.7 trillion in revenues in 2020 and VND119.3 trillion in 2021. The country produced about 1.77 billion liters of fresh milk in 2021, up 4.5 percent compared to 2020, while powdered milk volume saw positive growth of 13.1 percent year-on-year to 151,500 tonnes. Vietnamese dairy businesses have strengthened trade promotion activities and sought export markets. Currently, Vietnamese dairy products are available in 50 countries and territories. In 2021, the sector had a turnover of nearly US$300 million. Milk is a special product and export markets always put quality at the top. Therefore, Vietnam’s milk and dairy product exports to foreign markets are considered a great success. Tran Van Trung, chairman of the Vietnam Dairy Association What are the opportunities for the dairy … [Read more...] about Dairy sector milks trade agreements for greater opportunities
Hanoi develops green agriculture
Green agriculture is a closed production process through applying scientific and technical advances, biotechnology and physicochemical technology. Green agriculture is a sustainable direction that Hanoi has been making effort to develop, according to Deputy Director of the municipal Department of Agriculture and Rural Development Nguyen Manh Phuong. Green agriculture is an inevitable orientation of modern agriculture, Phuong said, adding that Hanoi has recently switched more than 40,227 hectares of rice land to new agricultural production models. Besides, developing green agriculture also helps to raise people's awareness on environment protection, reduce greenhouse gas emissions and pollution, the deputy director stressed. Rice cultivation by modern method brings high efficiency in Hanoi outskirt district of Ung Hoa. Photo: Ngoc Anh Head of the Ung Hoa District Economic Division Pham Van Hoach said that in nearly 20 years of implementing green … [Read more...] about Hanoi develops green agriculture
Vietnam-UK target US$10-billion trade turnover by 2023
UK trade minister Anne-Marie Trevelyan said the country wants to be a part of Vietnam’s development story in the 21st century, and fostering bilateral trade relations is among its priorities. Vietnam and the UK should set a trade turnover target of over US$10 billion by 2023, which would be a meaningful step to mark the 50 th anniversary of Vietnam-UK diplomatic relations next year. Chairman of the National Assembly Vuong Dinh Hue (mid) at the forum. Source: VNA Deputy Prime Minister Le Van Thanh gave the remarks at the Vietnam-UK High-level Forum on Economy and Trade held on June 29. The event is one of the highlights of a visit to the UK by the high-ranking delegation from the National Assembly of Vietnam led by Chairman Vuong Dinh Hue from June 28-30. According to Thanh, the Vietnam-UK strategic partnership has progressed strongly over the years and contributed to socio-economic development in each country. Thanh expected the partnership would … [Read more...] about Vietnam-UK target US$10-billion trade turnover by 2023
N.A. Chairman attends Vietnam-U.K. high-level forum on economy, trade
Aiming to seek stronger economic, trade and investment partnership between the two countries, the event drew Vietnamese Deputy Prime Minister Le Van Thanh, Britain Secretary of State for International Trade Anne Marie Trevelyan, and MP Graham Stuart, U.K. Prime Minister's Trade Envoy to Vietnam, and a large number of Vietnamese and Britain businesses. Addressing the event, Deputy PM Thanh highlighted important progress in the Vietnam-U.K. Strategic Partnership, as well as great chances for both sides to bolster their ties from the U.K.-Vietnam Free Trade Agreement (UKVFTA). He underlined that both sides should optimize advantages from the deal by encouraging the promotion of the two-way trade and investment, and creating favorable conditions for enterprises of both sides to explore each other’s market and foster connection, thus striving for a trade value of over USD 10 billion by 2023. Thanh affirmed Vietnam's high political determination in realizing commitments made at the … [Read more...] about N.A. Chairman attends Vietnam-U.K. high-level forum on economy, trade
EDPR forays into Vietnam’s renewable energy market after taking over a solar PV project
EDPR has reached an agreement with Trina Solar, the world-leading PV and smart energy total solution provider, to acquire the Trung Son Solar PV project in Khanh Hoa province. Put into operation in December 2020, the project has a power purchase agreement (PPA) signed with Electricity of Vietnam under a 20-year feed-in tariff (FiT). In June, EDPR also inked a deal to scoop up two solar plants in Vietnam with a total capacity of 200MW from Xuan Thien Group. Situated in Ninh Thuan province, the two solar plants have been operated since 2020. The deals have an estimated valuation of $284. Vietnam is one of the fastest-growing economies in Southeast Asia with power demand increasing at around 10 per cent per annum. Thermal represents around 50 per cent of the capacity mix and energy dependence has increased significantly with net imports currently at 30 per cent of total energy demand. With the objective of increasing the weight of renewable energy sources in the energy mix and … [Read more...] about EDPR forays into Vietnam’s renewable energy market after taking over a solar PV project
Haiphong promotes renewable energy investment in industrial parks
The Renewable Energy in Sustainable Industrial Parks conference was organised by the Haiphong Economic Zone Management Board in collaboration with the Embassy of the UK, the nation's Chamber of Commerce and Industry, and Star Do Group. Head of the Haiphong Economic Zone Management Board Le Trung Kien asserted the green development demand of Haiphong city and its industrial parks and economic zones. Photo: Thanh Son Attendees at the conference were Harry Rawicz-Szczerbo, head of the Trade and Investment Department at the UK Embassy; Le Trung Kien, member of the city Party Committee's Standing Board and head of the Haiphong Economic Zone Authority; Mark Shorrock, chairman of Shire Oak International; Nguyen Thanh Phuong, CEO of Sao Do Group; and representatives of Haiphong's departments and agencies, investors, and businesses. Mark Shorrock, chairman of Shire Oak International, talked about the renewable energy demand of businesses in the RE100 group. Photo: Thu … [Read more...] about Haiphong promotes renewable energy investment in industrial parks