Tourism trade shows

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

The Vietnam International Cafe Show 2022 will open in HCM City in July. — VNS Photo More than 200 domestic and international exhibitors will participate in a coffee, food and beverage exhibition called Viet Nam International Cafe Show 2022 from July 21 to July 23 at the Sai Gon International Exhibition and Convention Center (SECC) in HCM City. This annual event, which is part of a series of Cafe Show exhibitions in Seoul, Shanghai, Paris and Viet Nam, is an opportunity for leading domestic and foreign managers and experts to meet and share orientations, strategies, solutions and practical management tools in the manufacturing, processing, and distributing industry of coffee, tea, food and beverage for restaurants, hotels and other food service businesses. The event is organised by Exporum Vietnam Company and sponsored by Viet Nam Coffee - Cocoa Association, Buon Ma Thuot Coffee Association, Trade Promotion Agencies in Viet Nam and other agencies. Joining the event will be … [Read more...] about Vietnam International Café Show 2022 to open in HCM City

Illustrative image (Source: VNA) Hanoi (VNA) – An online conference will take place from July 5 - 6 to connect Vietnamese and Japanese businesses in the support industries, aiming to help domestic firms seek partners and boost exports. The event, held by the Vietnam Trade Promotion Agency (Vietrade), Vietnam’s Trade Office in Japan, and the ASEAN - Japan Centre , will also help Vietnam ese businesses in the support industries to access new trends in the market, advanced technologies, and potential partners from Japan in order to develop more professionally. It will assist enterprises in Vietnam to maintain connectivity with the Japanese side and explore export opportunities, according to Vietrade. Statistics show that over the past years, Vietnamese companies have developed in terms of both quantity and quality. They have improved production capacity and are increasingly engaged in global production chains. The number of those firms currently accounts for … [Read more...] about Virtual event to connect Vietnamese, Japanese firms in support industries

Vietnam expects to create the utmost favorable environment for foreign companies to be successful in the country. Chairman of the National Assembly Vuong Dinh Hue on June 29 held several meetings with executives of UK multinationals, including Prudential, Standard Chartered, Pacific Land, Pearson, and Enterprize Energy. All executives have expressed their good impression and pledged to commit long-term presence in Vietnam. NA Chairman Vuong Dinh Hue and President of Prudential Shriti Vadera. Source: VNA President of Prudential Shriti Vadera said the company's business performance was positive during the Covid-19 pandemic, expressing her delight to be part of Vietnam’s development. Vadera suggested Prudential could further contribute to the country’s economic growth  by taking part in the long bond issuance. Chairman Hue welcomed Prudential’s successes in Vietnam, saying insurance corporations remain key partners of the State in Government bond issuance. … [Read more...] about UK multinationals pledge long-term presence in Vietnam

Ho Chi Minh City is calling for investment into 197 projects in ten key areas, including infrastructure development, agriculture, industry, trade and services, healthcare, tourism, education and housing, an official told the Vietnam – Europe Business Forum in the southern largest economic hub on June 30. The Vietnam – Europe Business Forum takes place in HCM City on June 30. (Photo: VNA) Dao Minh Chanh, Deputy Director of the municipal Department of Planning and Investment, said EU countries are investing in 2,724 projects in HCM City, mostly in the fields of manufacturing and processing, retaile and wholesale, motor and automobile repair and maintenance, and information and communications. Worth a total of 7.69 billion USD, they account for 10.27% of FDI in the city, he said. HCM City has constantly improved its business climate and adopted various incentives to encourage more FDI, he said, adding that most notably among the incentives include … [Read more...] about HCM City calls for EU investment in nearly 200 projects

The two leaders discussed the situation of relations between the two countries and the two parliaments with the hope that Vietnam and the U.K., especially the parliaments, will jointly set out new orientations and solutions to deepen bilateral cooperation in all fields. They stressed the need to enhance the comprehensive and substantive relations, both bilaterally and multilaterally, and agreed to maintain all-level delegation exchanges and contacts. Regarding trade and investment collaboration, Hue emphasized that the U.K. is currently Vietnam’s third biggest trade partner in Europe and its leading European investor. Showing their delight at progress in two-way trade as it hit USD 6 billion last year, both sides proposed the two countries continue bringing into full play the U.K.-Vietnam Free Trade Agreement (UKVFTA) to facilitate U.K. businesses’ expansion of investment in Vietnam, particularly in green finance, pharmaceuticals, health, digital technology, education, startup … [Read more...] about Vietnam hopes to enhance parliamentary ties with U.K.: Top legislator

NA Chairman Vuong Dinh Hue (R) meets with Prudential Chairwoman Shriti Vadera in London on June 29. (Photo: VNA) London (VNA) – National Assembly (NA) Chairman Vuong Dinh Hue received leaders of some enterprises of the UK in London on June 29 (local time), part of his official visit to the European country. Talking to Prudential Chairwoman Shriti Vadera, the NA leader congratulated the firm on its successes in the world as well as in Vietnam, expressing his hope that it will continue operating successfully in the country and fulfill its social responsibility. He affirmed that the Vietnamese Government and NA are ready to consider and deal with the problems facing businesses, including those from the UK, when operating in Vietnam. Vadera said Prudential is delighted to be part of the country’s development, and it can help with this process by issuing long-term bonds. The insurer pledges to cooperate with the Vietnamese Government in green investment, insurance … [Read more...] about NA Chairman receives leaders of British enterprises in London

FPT Corporation's software programmers. FPT lost 4.3 per cent Thursday. — VNA/VNS Photo Danh Lam Vietnamese shares ended Thursday in a sombre mood amid increasing selling pressure which caused the VN-Index to retreat from the 1,200-point mark. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index decreased 1.68 per cent, to end at 1,197.60 points. It had increased 1.27 per cent, to end Wednesday at 1,218.10 points. More than 510 million shares were traded on the southern bourse, equivalent to VND11.3 trillion (US$485.6 million). Market breadth was negative with 371 losers and 89 gainers. Banking stocks lost ground with losers including Military Bank (MBB), Techcombank (TCB), Bank for Investment and Development of Viet Nam (BID), VietinBank (CTG), Viet Nam International Commercial JS Bank (VIB), Saigon-Hanoi Commercial JS Bank (SHB), Tien Phong Bank (TPB) and Vietcombank (VCB). Energy stocks suffered selling pressure with losers such as Viet Nam National Petroleum Group … [Read more...] about Shares end lower as selling pressure increases

Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. – President Nguyen Xuan Phuc appreciated Cao Dai followers’ contributions to the country throughout history while receiving leaders of the religion’s churches and organisations in Hanoi on June 29. He said Caodaism is a religion coming into being in Vietnam, and during its development process, it has helped diversify the country’s traditional culture and uphold solidarity when encouraging its dignitaries and followers to stand side by side with the nation. Read full story – National Assembly (NA) Chairman Vuong Dinh Hue and Speaker of the UK’s House of Commons Lindsay Hoyle discussed various issues regarding cooperation between the two legislatures during their talks in London on June 29 morning. The two sides also exchanged views on their cooperation at multilateral forums and on regional and global issues of mutual interest. They focused discussions on measures to further … [Read more...] about ☀️ Morning digest on June 30

One has been charged with manslaughter and people-trafficking, and the nine others were to be taken before a judge who will decide whether to charge them as well, the source said, asking not to be named. Police had arrested 15 suspects in an overnight operation Sunday to Monday as part of their months-long investigation into the disaster, releasing five of them without charges. The death of the 27 in late November was the worst accident in the Channel since 2018, when the narrow strait became a key route for migrants from Africa, the Middle East and Asia who have been increasingly using small boats to reach England from France. Among the 27 -- aged seven to 47 -- were 16 Iraqi Kurds, four Afghans, three Ethiopians, one Somali, one Egyptian and one Vietnamese migrant. Only two people survived the disaster, which sparked tension between the British and French governments. President Emmanuel Macron vowed France would not allow the Channel to become a "cemetery". France urged … [Read more...] about One Vietnamese among 27 deaths in Channel migrant disaster