At the meeting, the two sides discussed issues of mutual concern such as institutions and policies related to the development strategy of Vietnam's pharmaceutical industry, the supply of Comirnaty vaccine, and innovative and biosimilar drugs, among others. The meeting between Vietnam’s Ministry of Health and Pfizer According to Tuyen, the Ministry of Health (MoH) is reviewing and amending the Pharmacy Law to attract foreign investment in the manufacturing of patented drugs, specialised drugs, generic drugs in high-tech dosage forms, vaccines, reference biological products, and biosimilar products for submission to the National Assembly for consideration. The above orientation also echoes the perspective of the national programme on the development of the pharmaceutical industry over the 2030-2045 period that was approved by the Prime Minister in Decision No.376/QD-TTg dated March 17, 2021. Accordingly, the goal by 2030 is to have transfer technology for producing … [Read more...] about Pfizer seeks to boost presence in Vietnam
Tzipi hotovely deputy minister of foreign affairs
Breakfast @ Tuoi Tre News — May 31
Read what is in the news in Vietnam today: Politics -- Australian Prime Minister Anthony Albanese will pay an official visit to Vietnam from this weekend at the invitation of Vietnamese Prime Minister Pham Minh Chinh, according to the Ministry of Foreign Affairs. -- The Indian government will cooperate with the Vietnam Yoga Federation in organizing the 2023 International Yoga Day across 22 provinces and cities in the Southeast Asian country at the end of June, as part of a range of cultural exchange, tourism, trade, and investment promotion events marking 50 years of diplomatic ties between the two nations, Dr. Madan Mohan Sethi, Consul General of India in Ho Chi Minh City, announced at a press conference on Tuesday. Society -- A court in Thanh Hoa Province, north-central Vietnam sentenced a 44-year-old local woman to 13 months’ imprisonment on Tuesday for “resisting officers on duty” by various actions, including threatening to kiss a traffic policeman to death. -- … [Read more...] about Breakfast @ Tuoi Tre News — May 31
HCM City seeks to attract remittances, investment
Speakers at a meeting in HCM City on Monday to discuss ways for the city to attract remittances and investment. — Photo danviet.vn HCM City will improve its business climate and create favourable conditions to attract remittances and investment, said a city official. Speaking at a meeting on Monday, Nguyen Duc Lenh, deputy director of the State Bank of Viet Nam (SBV) HCM City branch, said the city planned to enhance monetary and foreign exchange policies and remittance services. Options for remittances include money transfers, cheques, bank transfers, prepaid cards and several other ways of sending money without a bank account. "Besides foreign investment (FDI), remittances are a major source that helps ensure the foreign currency supply and stabilise the national foreign exchange reserves," he said. Financial and banking expert Nguyen Tri Hieu said Viet Nam should ensure stable macroeconomic policies to increase the confidence of overseas Vietnamese to send back money for … [Read more...] about HCM City seeks to attract remittances, investment
Optimism rises for fintech development opportunities
Vietnamese e-wallet MoMo has partnered with Apple to introduce Apple Installments, which allows users to own Apple products through flexible payment plans ranging 6-24 months. The US tech giant launched an online store in Vietnam in May. Optimism rises for fintech development opportunities, illustration photo/ Le Toan Do Quang Thuan, senior deputy director in charge of financial services at MoMo, said, “As we seamlessly integrate into the online Apple Store, we present Vietnamese users with an unparalleled range of payment options. It’s a gateway to unlocking their dreams of Apple ownership while maintaining a firm grip on their financial equilibrium.” The landscape has become increasingly competitive in Vietnam, driving innovation and advancements in digital payment solutions. Breaking new ground in the Vietnamese market, MoMo is also the first local partner to offer cashless payment options for YouTube Premium. The strategic collaboration brings added convenience … [Read more...] about Optimism rises for fintech development opportunities
HCM City seeks ways to attract more remittances
HCM City seeks ways to attract more remittances. (Photo: VNA) HCM City (VNA) – The southern largest economic hub of Ho Chi Minh City is striving to achieve an annual growth rate of at least 10% in the inflow of remittances during the 2023-2025 period and maintains this rate in 2025-2030. The information was heard at a seminar held in the city on May 29 by the State Committee for Overseas Vietnamese Affairs of HCM City, in coordination with the State Bank of Vietnam (SBV) Branch in HCM City to seek comments and solutions of overseas Vietnamese intellectuals to effectively attract and optimise remittance resources in the city. Remittances to Ho Chi Minh City have always maintained a relatively high growth rate and play a crucial role in the city’s socio-economic development. (Photo: VNA) According to Nguyen Duc Lenh, Deputy Director of the SBV Branch in HCM City, remittances to the city have always maintained a relatively high growth rate and play a crucial role in … [Read more...] about HCM City seeks ways to attract more remittances