Upon the State Bank of Vietnam’s approval, Pham Quang Dung has been appointed Chairman of the Bank for Foreign Trade of Vietnam (Vietcombank) for the 2018-2023 term. Vietcombank Chairman Pham Quang Dung. Dung was born on April 8, 1973, and holds a Master’s Degree in Banking and Finance from the University of Birmingham (UK). Before being elected as Vietcombank Chairman, Dung was a member of the bank's Board of Directors and General Director from November 2014 to August 2021. In May, Tran Thi Thu Hang, born in 1985, was elected as Chair of Kienlongbank's Board of Directors and is now the youngest female CEO in Vietnam. Hang is the CEO of Sunshine Group. Previously, Duong Nhat Nguyen, 38, was elected Head of the Board of Directors of Vietbank. Before joining Vietbank, he used to be Investment Director of Hoa Lam Development Investment JSC; Chairman and Director of Hoa Lam Pharmaceutical Company Limited and managed many big projects of Hoa Lam Group. Le Thi Thuy, …
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VIETNAM BUSINESS NEWS SEPTEMBER 21
Vietnam’s coffee exports to S Korea forecast to increase Viet Nam's coffee exports to South Korea are expected to increase as the northern Asian market is forecast to have higher demand for imported coffee. The Ministry of Industry and Trade’s Import and Export Department said that South Korea's coffee imports rose in 2020 and the first months of 2021 due to the strong increase in demand for coffee as people stay at home during the COVID-19 pandemic. According to the Import and Export Department, South Korea's coffee imports from Viet Nam in the first half of this year reached about 19,500 tonnes, worth US$30.82 million, up 12.8 per cent in volume and 5.2 per cent in value year on year. Viet Nam's coffee accounted for 20.56 per cent of South Korea's total coffee imports in the first half of this year, a slight increase from the figure of 20.35 per cent in the first half of 2020. The department said coffee is more popular in offices, restaurants and families in South …
Vietnam always backs UN’s central role: President
President Nguyen Xuan Phuc (L) and UN Secretary-General Antonio Guterres (Photo: VNA) Hanoi (VNA) - Vietnam values and supports the central role of the United Nations (UN) in the global governance system to respond to today's common challenges and wishes to promote all-round cooperation with the organisation, President Nguyen Xuan Phuc has reaffirmed. President Phuc made the statement during his separate meetings with President of the UN General Assembly Abdulla Shahid and UN Secretary-General Antonio Guterres in New York on September 21. He told the two UN leaders that Vietnam is exerting utmost efforts in the fight against COVID-19, and putting the safety and health of the people first. He asked the UN to continue supporting Vietnam during this difficult time, especially in the vaccination drive. President Nguyen Xuan Phuc (L) and President of the UN General Assembly Abdulla Shahid (Photo: VNA) Phuc highlighted that Vietnam has always made effective …
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GII 2021: Viet Nam leads the group of countries with the same income level
Illustration photo. — Photo baosonla.org.vn Viet Nam has ranked 44th out of 132 countries and economies in the Global Innovation Index (GII) and maintains its leading position out of the 34 lower-middle income economies. The GII annually ranks 132 economies on their innovation ecosystems, highlighting both their strengths and weaknesses. Since its inception in 2007, the GII has become a cornerstone of economic policymaking. An increasing number of governments around the world analyse their GII results and shape policy in response. The results of the 2021 Global Innovation Index were announced by the World Intellectual Property Organisation (WIPO) on Monday. Along with Turkey (41st), India (46th) and the Philippines (51st), Viet Nam is one of four low-middle income countries assessed by WIPO as closing in on the higher tiers of the innovation index. According to WIPO, all four Asian economies have raised up the ranks by an average of 22 positions over the past decade; Viet …
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