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Southeast Quang Tri Economic Zone (Photo: baodautu.vn) Quang Tri (VNA) - The central province of Quang Tri is calling for investment in 80 key projects in a wide range of fields under an investment attraction plan for the 2023-2025 period, with a vision until 2030. The investment portfolio includes four projects in energy development, 14 in agricultural production and processing, 14 in industrial manufacturing, 22 in infrastructure development, and 30 in education, healthcare and tourism. The plan highlights Quang Tri’s advantages as an important hub of many transport links and as the starting point of the east-west economic corridor linking Laos, Thailand and Myanmar with seaports in central Vietnam. In recent years, Quang Tri’s investment attraction has seen positive results from many large investment projects, helping to create jobs for local people, increase the province’s revenue, and shift its economic structure. However, investment attraction efficiency … [Read more...] about Quang Tri province calls for investment in 80 projects

Southeast Quang Tri Economic Zone. — Photo cafef.vn The central province of Quang Tri is calling for funding in 80 key projects in a wide range of fields under an investment attraction plan for the 2023-25 period, with a vision until 2030. The investment portfolio includes four projects in energy development, 14 in agricultural production and processing, 14 in industrial manufacturing, 22 in infrastructure development, and 30 in education, healthcare and tourism. The plan highlights Quang Tri’s advantages as an important hub of many transport links and as the starting point of the east-west economic corridor linking Laos, Thailand and Myanmar with seaports in central Viet Nam. In recent years, Quang Tri’s investment attraction has seen positive results from many large investment projects, helping to create jobs for local people, increase the province’s revenue, and shift its economic structure. However, investment attraction efficiency has yet to meet expectations as there … [Read more...] about Quang Tri Province calls for investment in 80 projects

How can 5G and digital transformation impact the performance of industries such as manufacturing, logistics, agriculture and e-commerce over the coming years? Denis Brunetti, president of Ericsson in Vietnam, Myanmar, Cambodia and Laos As a critical digital national infrastructure, 5G has the potential to significantly transform society, industries, and the economy, as well as benefiting the environment. In the past, developing economies depended on traditional inputs to fuel growth, such as low-cost labour and natural resources. Moving forward, the new economy will increasingly depend on more sustainable inputs, such as science, technology and innovation, whereby data will become the new oil that creates as much as drives a more inclusive and sustainable socioeconomic development, securing broader range prosperity for all. Through 5G, the introduction of Industry 4.0 will be accelerated across thousands of factory floors in Vietnam, enabling robots, digital twin … [Read more...] about Going digital and green in partnership with Ericsson

Stakeholders have much to say about the current state of the tourism industry, and what must be done Prime Minister Pham Minh Chinh chaired a tourism recovery conference on March 15 and talked to management agencies and tourism businesses about removing obstacles for the industry to thrive once again. Despite being one of the first Southeast Asian countries to fully reopen to international tourism after the pandemic, Vietnam’s tourism industry still trails other countries in the region. The PM raised a series of questions about tourism promotion, competitive advantages, products, and visa policies – all factors that are considered to be subjective causes for Vietnam’s tourism to fail its foreign tourism targets thus far. “Tourism cannot develop alone, and tourism cannot develop if culture and the entertainment industry do not develop,” PM Chinh said. He directed the tourism industry to build green and sustainable tourism products, finance tourism activities, and develop … [Read more...] about Tourism breakthrough within reach

Vietnamese Prime Minister Pham Minh Chinh met the U.S.-ASEAN Business Council (USABC) delegation at the Government Headquarters on March 22. The attendees were leaders of the Government Office and the ministries of Planning and Investment, Industry and Trade, Foreign Affairs, Finance, Transport, Information and Communication, Health, Agriculture and Rural Development, Culture - Sports and Tourism. Also in attendance were the State Bank of Vietnam, the U.S.-ASEAN Business Council President and CEO Ted Osius, the U.S. Ambassador in Vietnam Marc E. Knapper. The leaders of more than 50 leading enterprises in the U.S. and the world were there too, including AES, Netflix, Boeing, Apple, Coca-Cola, Pfizer, Abbott, Visa, Citibank, Meta, Ford, and FedEx Express. The Prime Minister welcomed the USABC and the U.S. business delegation to Vietnam, and the delegation members joined a frank, sincere and effective working session with Vietnamese agencies. This is a continuation of previous … [Read more...] about Vietnamese Prime Minister receives delegation of the US-ASEAN Business Council

ROUNDTABLE: Seeking a boost for inbound tourism Speaking at the opening of the roundtable discussion, VIR's Editor-in-Chief Le Trong Minh shared, " Tourism is one of the most dynamic and fastest-growing economic sectors in the world today. Its importance in creating jobs and promoting growth is addressed in some of the Sustainable Development Goals in the United Nations Development programme." He cited statistics showing Vietnam's tourism created more than 1.3 million direct jobs in 2019, contributing 9.2 per cent of the country's total GDP (equivalent to $32.8 billion). This is a significant number, but it remains low compared to the global average. Vietnam has yet to unlock the full potential of its tourism industry. "Despite the economic volatility, the recovery of inbound tourism will bring many advantages, such as creating jobs and improving labour mobility. As the manufacturing industry is struggling due to a shrinking export market, tourism is a viable on-site … [Read more...] about VIR’s rountable discussion sheds lights on the recovery of inbound tourism

Representatives of three clam breeding co-operatives in Tra Vinh Province receive Aquaculture Stewardship Council (ASC) certification for their bivalve molluscs on Wednesday. – VNA/VNS Photo Thanh Hoa Three clam farming co-operatives in Tra Vinh Province with a total area of 433ha have been awarded the Aquaculture Stewardship Council quality certification. They are the Thanh Cong Co-operative in Cau Ngang District’s My Long Nam Commune, Tien Thanh Clam Co-operative in Chau Thanh District’s Long Hoa Commune and Long Thanh Agriculture Co-operative also in Long Hoa. The province Department of Agriculture and Rural Development and the International Collaborating Centre for Aquaculture and Fisheries Sustainability (ICAFIS) held a ceremony to hand over the certificates to the co-operatives on Wednesday. Also at the ceremony, the Ben Tre Seafood Joint Stock Company and the Hung Truong Phat Aquamarine Product Joint Stock Company in Ben Tre Province and the Lenger Seafoods Viet Nam … [Read more...] about Tra Vinh Province clam breeding co-operatives receive ASC certificate

Representatives of three clam breeding co-operatives in Tra Vinh province receive Aquaculture Stewardship Council (ASC) certification for their bivalve molluscs. (Photo: VNA) Tra Vinh (VNS/VNA) - Three clam farming cooperative s in the Mekong Delta of Tra Vinh with a total area of 433ha have been awarded the Aquaculture Stewardship Council quality certification. They are the Thanh Cong Cooperative in Cau Ngang district’s My Long Nam commune, Tien Thanh Clam Cooperative in Chau Thanh district’s Long Hoa commune and Long Thanh Agriculture Cooperative also in Long Hoa. The province Department of Agriculture and Rural Development and the International Collaborating Centre for Aquaculture and Fisheries Sustainability (ICAFIS) held a ceremony to hand over the certificates to the cooperatives last week. Also at the ceremony, the Ben Tre Seafood Joint Stock Company and the Hung Truong Phat Aquamarine Product Joint Stock Company in Ben Tre province and the Lenger Seafoods Vietnam … [Read more...] about Tra Vinh clam breeding cooperatives receive ASC certificate

A view of Viet Nam-Singapore Industrial Park in Binh Duong Province. — Photo VNA The southern province of Binh Duong should shift its development model to industry-urban-smart services to help investors quickly deploy the smart factory model and smart production in the locality. Deputy Prime Minister Le Minh Khai delivered this statement during the "Start-up-Connection-New Development" conference held in the province on Saturday. In the long run, the province's development model should be associated with science-technology and innovation to facilitate the establishment of a new ecosystem by the requirements of new investors and employees, contribute to increasing the provincial labour productivity and helping it participate deeply in the industrial value chain, Khai said. He also asked Binh Duong to ensure its rapid, comprehensive, and sustainable development with top priority to ensure synchronous development of social, healthcare and educational infrastructure, … [Read more...] about Binh Duong urged to shift its development model to industry-urban-smart services

PM Pham Minh Chinh speaks at the event. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh had a working session with a delegation of the US-ASEAN Business Council (USABC) in Hanoi on March 22, during which he said Vietnam wants to promote its comprehensive partnership with the US in a practical, effective, equal and mutually-beneficial manner. The delegation comprised leaders of over 50 leading US and world businesses like Netflix, Boeing, Apple, Coca-Cola, Pfizer, Abbott, Visa, Citibank, Meta, Ford, Fedex Express, among others. PM Chinh affirmed that Vietnam always considers the US one of the top important partners, adding that the Vietnamese Government always stays ready to listen to the US firms to deal with difficulties in the spirit of harmonising benefits and sharing risks. He said Vietnam is carrying out three strategic breakthroughs, including building and fine-tuning institutions, reforming administrative procedures and training human resources, … [Read more...] about Vietnam wants to further promote comprehensive partnership with US: PM