Tien dong viet nam

At the Viet Nam-Cambodia trade forum. — VNA/VNS Photo The Vietnamese Embassy in Cambodia in coordination with the Ministry of Industry and Trade (MoIT)'s Asia–Africa Market Department, held a trade forum in Phnom Penh on Wednesday, which brought together more than 100 businesses of the two countries. In his remarks, Ambassador Nguyen Huy Tang noted that economic cooperation has received the attention of the two countries’ high-ranking leaders, saying it is necessary to foster the economic, trade and investment links to maximise the potential and advantages of the two neighbouring countries. The forum offers an opportunity for Vietnamese and Cambodian businesses to exchange information, seek partners, stay updated on new economic policies of the two countries, and speak of obstacles to their operations and propose solutions to them, he said. Ho Siv Yong, from the Cambodian Ministry of Commerce, highlighted trade opportunities in Cambodia, saying the country’s international … [Read more...] about Viet Nam steps up trade promotion in Cambodia

Pre-processing line of lychees at Global Export and Import Foodstuff Co in Bac Giang Province. — VNA/VNS Photo Danh Lam The Ministry of Science and Technology (MoST) is working with the Ministry of Agriculture and Rural Development (MARD) to negotiate with the US on setting up an irradiation centre in the northern region to facilitate exports of fruit. During the National Assembly's question-and-answer session on Wednesday, Minister of Science and Technology Huynh Thanh Dat responded to an inquiry from a legislator from the northern province of Bac Giang, known for its lychee farming, about the measures for irradiating lychee and other fruits in the northern region to meet the technical requirements of importing countries. Some markets, including the US, require irradiation for the export of agricultural produce. Minister Dat explained that previously, lychee from Bac Giang had to be sent to HCM City or Long An Province in the South for irradiation, which incurred high … [Read more...] about Viet Nam explores northern irradiation centre to boost fruit exports

Pre-processing line of lychees at Global Export and Import Foodstuff Co in Bac Giang Province. — VNA/VNS Photo Danh Lam The Ministry of Science and Technology (MoST) is working with the Ministry of Agriculture and Rural Development (MARD) to negotiate with the US on setting up an irradiation centre in the northern region to facilitate exports of fruit. During the National Assembly's question-and-answer session on Wednesday, Minister of Science and Technology Huynh Thanh Dat responded to an inquiry from a legislator from the northern province of Bac Giang, known for its lychee farming, about the measures for irradiating lychee and other fruits in the northern region to meet the technical requirements of importing countries. Some markets, including the US, require irradiation for the export of agricultural produce. Minister Dat explained that previously, lychee from Bac Giang had to be sent to HCM City or Long An Province in the South for irradiation, which incurred high … [Read more...] about Viet Nam explores northern irradiation centre to boost fruit exports

The event connects 14 service providers in the cross-border e-commerce industry to bring together solutions to support Vietnamese businesses to promote exports via e-commerce. — VNS Photo Viet Nam could see its e-commerce export revenues rise to VND296.3 trillion (US$12.5 billion) by 2027, heard the 2023 Cross-Border E-Commerce Conference in Viet Nam in Ha Noi on Wednesday. Amazon Global Selling and Viet Nam E-commerce and Digital Economy Agency (iDEA), Ministry of Industry and Trade kicked off their Cross-Border E-Commerce (CBEC) Conference in Viet Nam in response to growing demand from Vietnamese businesses and to empower them to capture the rising CBEC opportunity. With the theme “Embrace Asian Experience, Vietnamese Brands Go Global”, held in Ha Noi on Wednesday and HCM City on Friday, the event will include a CBEC conference to share the most updated insights and information about the e-commerce export industry, a connecting day for 14 services providers in many services … [Read more...] about Supporting businesses to promote online exports

Nguyen Tuan, deputy director of HCM City Investment and Trade Promotion Center, speaks at the Viet Nam-Poland Information and Communications Technology Forum on Wednesday in HCM City. — Photo courtesy of the centre There remains ample room to enhance the multifaceted cooperation between HCM City and Poland, especially in the field of information and communications technology (ICT), a city official said. Speaking at the Viet Nam-Poland Information and Communications Technology Forum on Wednesday, Nguyen Tuan, deputy director of the HCM City Investment and Trade Promotion Center (ITPC), said the centre will continue creating favourable conditions for Polish investors to invest in the city. The city annually organises a number of trade and investment events to bolster bilateral trade, he said. Bilateral trade between the country’s largest city and Poland reached US$270 million last year, up 8 per cent year-on-year, he said. As of March, HCM City had 10 Polish projects worth a … [Read more...] about HCM City to promote cooperation with Poland in ICT

Fortinet and IDC experts talk about cybersecurity in Viet Nam. — Photo courtesy of Fortinet Fortinet, a global cybersecurity leader driving the convergence of networking and security, has unveiled the importance of single vendor Secure Access Service Edge (SASE) to secure remote workers amidst the surge of unmanaged devices and increased security incidents. The survey was conducted by International Data Corporation (IDC) among 450 cybersecurity leaders from nine different locations across Asia such as Hong Kong, India, the Philippines, South Korea, and Việt Nam Survey respondents came from nine industries, including manufacturing, retail, logistics, healthcare, FSI and the public sector. The survey explored cybersecurity leaders’ perspectives on hybrid work, particularly how it impacted their organisations in the last year and their strategies to mitigate the security challenges arising from the adoption of hybrid work. Among the new findings was the rise the … [Read more...] about Fortinet reveals survey on single vendor SASE in the hybrid work era

A part of Melbourne City in Australia. Vietjet has offered a comprehensive insurance package for passengers on all international flights. — Photo courtsy of Vietjet Vietjet has offered a comprehensive insurance package Sky Care for passengers flying with the airline on all international flights from June 6 to increase the wonderful experience on international flights across five continents. These international routes connect Viet Nam and Kazhakstan, Australia, India, South Korea, Japan, Hong Kong, Taiwan (China), Indonesia, Singapore, Malaysia and Thailand. With Sky Care insurance package, passengers are fully insured on the entire flight journey with benefits including reimbursement of medical expenses incurred due to accidents or illnesses (including COVID-19), flight-related problems (including flight delay, baggage delay, baggage loss or damage, lost travel documents), and global travel and medical support services 24/7. The total value of insurance benefits is up to … [Read more...] about Vietjet offers Sky Care travel insurance on all international flights

A draft decree regarding the newly adjusted fees for registering domestic vehicles is expected to be submitted to the Government by June 15. Vietnamese Government plans to halve registration fees for domestically produced and assembled cars, effective from July 1 until the end of 2023. In a recent governmental instruction, Prime Minister Pham Minh Chinh required the Ministry of Finance (MoF) to draft a decree to cut registration fees by 50%, which will be evaluated by the Ministry of Justice. The decree will be submitted to the Government before June 15. Customers at a car showroom in Hanoi. Photo: Viet Dung/The Hanoi Times Various associations and municipalities proposed the Government extend the excise tax and reduce registration fees for domestically produced and assembled cars by 50% in early March this year. The aim was to stimulate demand. In response, import companies expressed their desire for the Government to apply the same policy to … [Read more...] about Vietnamese Prime Minister orders 50% cut in registration fees for domestic cars

Several enterprises in the northern region of Vietnam have decried repeated power outages after a region-wide electricity cut paralyzed their production activities. A representative of state utility Vietnam Electricity (EVN) said that power would be cut in the region by up to 30 percent. According to a representative of an apparel firm active in Viet Hung Industrial Park in Ha Long City under Quang Ninh Province, the firm’s production was in a turmoil due to unstable power supply. Power outages have forced the company to constantly run its own generators, leading to a surge in production costs, the representative said, adding that the firm might halt operations if the blackout continues. “Due to global economic difficulties, we have adopted various measures to secure orders to maintain work for over 1,000 employees, but massive power outages have prompted us to use generators,” said the representative. However, it is hard to lengthen the situation, the representative added. … [Read more...] about Companies in northern Vietnam voice outcry over power cut