The agency is reviewing the organizational structure, functions and tasks of local industry promotion centers while proposing solutions to enhance local industry promotion activities and policies, and working with related units to plan the 2022 national industry promotion funding allocation. Inspecting and evaluating the implementation of industry promotion projects The Agency for Regional Industry and Trade acts as a bridge with localities to ensure that directives issued by the Ministry of Industry and Trade are strictly and effectively implemented. Last year, the agency closely coordinated with localities to implement the National Industry Promotion Program with a total budget of VND75.641 billion. The program encouraged rural industrial enterprises to modernize production technology gradually, creating products of greater value and competitiveness, which also helped local businesses stabilize production during the pandemic. The ARIT will continue providing … [Read more...] about MoIT agency plays leading role in industry and trade development
Travel industry
Indonesia eyes to become big investor in global halal industry
Indonesian People's Consultative Assembly (MPR) speaker (Source: Antara) Jakarta (VNA) - Indonesia, with the largest Muslim population worldwide, should become a major player in the global halal industry rather than merely a market target of this industry, according to the Indonesian People's Consultative Assembly (MPR) speaker. MPR speaker Bambang Soesatyo said on May 25 that in January, Vice President Ma'ruf Amin initiated the Global Halal Hub ecosystem as part of the national synergy movement to make Indonesia as a global halal producer hub in 2024. He cited the State of Global Islamic Economy Report 2020-2021 as saying that global consumption of halal products is expected to increase, from 1.17 trillion USD in 2019 to 1.38 trillion USD by 2024. Meanwhile, the consumption of Islamic fashion globally is expected to rise, from 277 billion USD to 311 billion USD, he remarked. The six major industries in the global halal industry are food, fashion, tourism, … [Read more...] about Indonesia eyes to become big investor in global halal industry
Industrial revolution 4.0: Human resources are key
Vietnam ICT Summit 2017 is the platform for administrative agencies and IT enterprise community to discuss solutions and strategies with the objective of taking Vietnam to join the industrial revolution 4.0. On September 6, the first theme in the Vietnam ICT Summit 2017 of “Vietnam: Digital Transformation in Industry 4.0” has been discussed. In particular, the Deputy Prime Minister Vu Duc Dam has given the opening speech at the summit. As such, the Deputy Prime Minister stressed, industrial revolution is more and more influencing various aspects of socio-economic in the world, as well as in Vietnam. This is not only an opportunity for Vietnam to transform, but also poses a potential threat to the country. The Deputy Prime Minister Vu Duc Dam gave a speech at the summit. According to the Deputy Prime Minister, in 2017, the global innovation index (GII) of Vietnam has increased 12 places to the 47th rank, thanks to the significant contribution from IT … [Read more...] about Industrial revolution 4.0: Human resources are key
Carriers add flights to summer holiday roster
Vietnam Airlines Group said it plans to provide 32,400 domestic flights between June and August during the peak summer travel season, up 10 percent against the same period in 2019, the year before the onset of the Covid-19 pandemic. There would be 160 daily flights connecting Vietnam’s three biggest cities Hanoi, Ho Chi Minh City and Da Nang. It will also operate over 3,600 international flights during the period, 40 percent of pre-pandemic time. Vietravel Airlines said it will increase the frequency of flights from Hanoi to HCMC and Da Nang by two a day from June. Air tickets for domestic routes between June and August are nearly fully booked. The carrier also plans to launch charter flights from HCMC to Jakarta and Can Tho to Bangkok, but the schedule has not been determined. A representative of Vietravel Airlines, which was launched in December 2020 amid the turbulence created by the pandemic, said the carrier is facing many difficulties like personnel and aircraft … [Read more...] about Carriers add flights to summer holiday roster
Vietnam puts gasoline database system into operation to avoid violations
Illustrative photo:SGGP/ Viet Chung The Office of the Ministry of Industry and Trade this morning informed that gasoline, an essential goods, directly affecting the production activities of enterprises as well as people’s livelihoods. The gasoline price hugely affects the Consumer Price Index (CPI) which impacts the whole country’s macroeconomy. From the beginning of the year up to now, the local and international gasoline markets have been uncertain affecting the fuel supply and prices in the local market. Currently, the whole country has 38 wholesalers of gasoline, 329 gasoline distributors and nearly 17,000 retail gas stations. In order to strengthen state management in the field of gasoline business , prevent violations in petroleum business activities, and support the authorities in regulating the supply and demand of gasoline, it is necessary to apply information technology in updating data for petroleum trading enterprises across the country related to gasoline … [Read more...] about Vietnam puts gasoline database system into operation to avoid violations
Top 10 Vietnam hotels selected by Tripadvisor
Lotte Hotel in Hanoi was voted the best hotel in Vietnam, according to the annual 2022 ranking compiled by the U.S. online booking site Tripadvisor, based on millions of reviews and opinions collected. Situated on the upper part of a 65-floor building in the downtown area near Hanoi's iconic tourist destinations, the hotel has 235 standard rooms and 83 suites with each offering a panoramic view of the capital. It also has a fitness center, outdoor swimming pool, basketball court, kids play center, and 24-hour gym service. The lowest price for a night's stay is VND2.23 million ($96.45). Vinpearl Discovery Ha Tinh in Loc Ha District of north-central Ha Tinh Province came second in the list. This upscale resort along Xuan Hai Beach is 19 kilometers from Huong Tich Pagoda, a vast mountainside temple complex and popular spiritual site. It has 42 well-equipped rooms featuring private pools and offering views of long, … [Read more...] about Top 10 Vietnam hotels selected by Tripadvisor
Danish investors pinpointing rising potential of Vietnam’s green energy
Kim Højlund Christensen, Danish Ambassador to Vietnam With the return of tourism and trade activities, can you see any movement from business and investment promotion delegations that are going to visit Vietnam? The Vietnamese government’s recent decision to lift entry restrictions and especially to resume the visa-exemption travel programme for countries, including Denmark, is great news and positively welcomed by the Danish business community. Many Danish companies are already planning their visits to Vietnam this month and early next month to meet with their local business partners in person. At present, there are over 130 Danish companies represented in Vietnam. Therefore, there will be a large number of business visitors and delegations from headquarters in Denmark or other locations in the region coming here in the near future to visit their production facilities or to find new investment opportunities. Besides that, we also expect to have trade delegations visit our … [Read more...] about Danish investors pinpointing rising potential of Vietnam’s green energy
Vietnam Airlines Group to offer 7.1 mln seats during summer
It is estimated that a total of over 36,000 flights will be made available for summer travelers from June 1 to August 15. The three carriers will provide nearly 6.3 million seats on more than 32,400 domestic flights, up 10 percent compared to the same period of 2019 before the COVID-19 broke out. The busiest routes are those among major cities of Hanoi, Da Nang and Ho Chi Minh City with close to 160 flights per day. Hundreds of flights will be also operated to fly vacationers to popular tourist destinations across Vietnam, including Phu Quoc, Cam Ranh, Da Lat, Hue, Quy Nhon, Dong Hoi, Tuy Hoa and Con Dao. Vietnam Airlines Group plans to operate approximately 430 domestic flights daily during the summer. More than 852,000 seats will be offered on international routes, down 40 percent from 2019 because cross-border travel demand is yet to fully recover. Source: VNA … [Read more...] about Vietnam Airlines Group to offer 7.1 mln seats during summer
Draft revision to cinematography law debated
Chairman of the NA Committee for Culture and Education Nguyen Dac Vinh (Photo: VNA) Hanoi (VNA) – The 15th National Assembly heard a report on and debated the draft Law on Cinematography (amended) in the afternoon of May 25 as part of its ongoing third session . Presenting the report, Chairman of the NA Committee for Culture and Education Nguyen Dac Vinh said the draft revised law delivers clearer contents on the State’s responsibilities and the participation of organisations and individuals, while amending a number of regulations on film industry development. It specifies that the ratio of foreign investors' capital contribution to Vietnamese cinema establishments for the production, distribution and dissemination of films does not exceed 51 percent of the charter capital to ensure compliance with inter na tional commitments and suitable for the specific factors of the industry, Vinh added. Truong Trong Nghia, a deputy from Ho Chi Minh City, said the import … [Read more...] about Draft revision to cinematography law debated
Conference looks to improve Quang Ninh PCI rankings
Secretary of the provincial Party Committee Nguyen Xuan Ky speaks at the event. (Photo: VNA) Quang Ninh (VNA) – Authorities of the north-eastern province of Quang Ninh held a conference on May 25 on the implementation of tasks and solutions to improve the local business climate and competitiveness. It was also to analysed Quang Ninh’s provincial competitiveness index (PCI) in 2021 and discussed orientations and solutions to sustain good results this year. According to the PCI 2021 report released by the Vietnam Chamber of Commerce and Industry (VCCI), the province gained the highest score of 70.02 percent. This is the fifth year in a row Quang Ninh has topped the charts, and the ninth year it has been in the top five. Addressing the event, Secretary of the provincial Party Committee Nguyen Xuan Ky said Quang Ninh has viewed raising its competitiveness as an important political task, and urged local authorities to step up the settlement of administrative procedures in the … [Read more...] about Conference looks to improve Quang Ninh PCI rankings