Speakers at the Viet Nam–UK Business Forum, which took place in London on Wednesday. — VNA/VNS Photo Viet Nam wants to see more investment from the United Kingdom (UK) in hi-tech agriculture, in cultivation, processing, preservation and distribution of farm produce and foods, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien. He made the statement at the Viet Nam–UK Business Forum held by the Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development, in collaboration of the UK Department of International Trade (DIT) in London on Wednesday. The forum discussed prospects for trade and investment between the two countries’ enterprises in agriculture, education, renewable energy and others. It also provided a platform for Viet Nam to introduce its market potential to British investors and for firms from both sides to share information and seek partnerships to make the most of the UK-Viet Nam Free Trade Agreement (UKVTFA). The UK … [Read more...] about Viet Nam, UK strive to lift trade and investment relations
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JPMorgan Chase announces fresh capital injection into Viet Nam, bringing total investment to US$200 million
JP Morgan has greatly expanded its operations in Viet Nam since setting up its local office in 1995. — Photo sgbank.vn JP Morgan Chase on Thursday announced a capital injection of US$123 million into its branch entity in HCM City, bringing the firm’s total capital investment into Viet Nam from $77 million to $200 million, or VND4.6 trillion. The capital will be used over the next few years to fund the expansion of the bank’s onshore services and capabilities and support its fast-growing suite of product offerings and increase the hiring of local talent. JP Morgan has greatly expanded its operations in Viet Nam since setting up its local office in 1995, with the firm now providing a wide array of banking solutions across corporate banking, investment banking advisory, payments and capital markets. “With more than 25 years of history and as a leading international investment bank with an on-the-ground presence, JP Morgan has built a robust franchise in Viet Nam committed to … [Read more...] about JPMorgan Chase announces fresh capital injection into Viet Nam, bringing total investment to US$200 million
Discussion outcomes will determine Việt Nam’s accession to Indo-Pacific economic initiative: foreign ministry
Spokesperson for the Ministry of Foreign Affairs Lê Thị Thu Hằng at Thursday's press briefing in Hà Nội. — VNA/VNS Photo Phạm Kiên HÀ NỘI — Whether any country, including Việt Nam, will officially accede to the Indo-Pacific Economic Framework for Prosperity (IPEF) unveiled by US President Joe Biden earlier this week, depends on the outcomes of the discussions, foreign ministry spokesperson Lê Thị Thu Hằng said on Thursday. On May 23, the US White House announced the launch of the much-awaited economic initiative, with the claimed dozen of initial partners – Australia, Brunei, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand, and Việt Nam – which together cover 40 per cent of the global GDP. Vietnamese Prime Minister Phạm Minh Chính attended the kickstarting ceremony for the discussions for the framework, Hằng noted, in response to queries on clarification of the first group of participating countries during the press … [Read more...] about Discussion outcomes will determine Việt Nam’s accession to Indo-Pacific economic initiative: foreign ministry
Việt Nam calls for Asia to create peaceful, sustainable environment for world prosperity
Deputy Prime Minister Phạm Bình Minh delivers a speech at the 27th International Conference on the Future of Asia in Tokyo on Thursday. — VNA/VNS Photo Đào Thanh Tùng TOKYO — Deputy Prime Minister Phạm Bình Minh proposed that Asia strengthen its responsibility in keeping and creating a peaceful and sustainable environment for development and prosperity in the region and the world. This should be based on cooperation, understanding, trust, and responsibility, he said, while delivering a speech at the 27th International Conference on the Future of Asia (FOA 2022) in Tokyo on Thursday. He said, entering the third decade of the 21st century, the Asian region is witnessing profound historical changes, with both opportunities and challenges that have long-term impacts on future generations. As the region and the world are focusing resources to handle urgent unprecedented issues, first and foremost, countries need to make responsible contributions, show mutual respect, and equally … [Read more...] about Việt Nam calls for Asia to create peaceful, sustainable environment for world prosperity
Việt Nam confirms 1,275 new COVID-19 infections on Thursday
A sixth grader in Hà Nội's Hà Đông District gets vaccinated against COVID-19. — VNA/VNS Photo Minh Quyết HÀ NỘI — A total of 1,275 new COVID-19 cases were recorded in the past 24 hours, according to the Ministry of Health. As many as 7,223 COVID-19 patients were given the all-clear on Thursday, bringing the number of recoveries so far to 9,422,085. The number of recoveries was nearly six times higher than the new infections. The new infections were reported in 47 out of 63 provinces and cities nationwide with Hà Nội continuing to register the highest number of daily infections with 309 cases. Other new infections were detected in Vĩnh Phúc (92), Nghệ An (83), Phú Thọ (80), Đà Nẵng (61), Yên Bái (55), Quảng Ninh (52), Nam Định (44), Lào Cai (42), Tuyên Quang (40), TP. Hồ Chí Minh (37), Hải Dương (36), Thái Nguyên (33), Quảng Bình (30), Thái Bình (27), Bắc Kạn (24), Quảng Trị (24), Hà Tĩnh (18), Hà Nam (16), Cao Bằng (15), Hải Phòng (14), Ninh Bình (13), Hòa Bình (13), Lai … [Read more...] about Việt Nam confirms 1,275 new COVID-19 infections on Thursday
Việt Nam calls for augmented efforts to protect civilians in conflicts
The UN Security Council debate was held on Wednesday (US time). — VNA/VNS Photo NEW YORK — Vietnamese Ambassador Đặng Hoàng Giang underscored the critical importance of protecting civilians in armed conflicts while addressing an annual open debate on the issue at the UN Security Council (UNSC) on Wednesday (US time). In his remarks, Giang, who is the Permanent Representative of Việt Nam to the UN, said the international community is facing major challenges to civilian protection such as wars and large-scale conflicts in many places and the complex COVID-19 situation, especially in conflict-hit areas. Those lingering problems have become even more complicated due to new crises, particularly the food crisis and supply chain disruptions. Meanwhile, resources for the protection of civilians have been reduced as the international community has to reserve them for resolving new challenges. He said the most important thing now is to pay due attention to protecting civilians in … [Read more...] about Việt Nam calls for augmented efforts to protect civilians in conflicts
COVID-19 new cases in Việt Nam on May 26 afternoon
Cases in Hà Nội (309), Vĩnh Phúc (92), Nghệ An (83), Phú Thọ (80), Đà Nẵng (61), Yên Bái (55), Quảng Ninh (52), Nam Định (44), Lào Cai (42), Tuyên Quang (40), Hồ Chí Minh City (37), Hải Dương (36), Thái Nguyên (33), Quảng Bình (30), Thái Bình (27), Bắc Kạn (24), Quảng Trị (24), Hà Tĩnh (18), Hà Nam (16), Cao Bằng (15), Hải Phòng (14), Ninh Bình (13), Hòa Bình (13), Lai Châu (13), Hưng Yên (10), An Giang (10), Hà Giang (9), Lâm Đồng (9), Lạng Sơn (8 ), Sơn La (8 ), Tây Ninh (7), Thanh Hóa (7), Bắc Giang (7), Bà Rịa - Vũng Tàu (4), Gia Lai (4), Bình Phước (3), Bình Định (3), Bình Thuận (2), Vĩnh Long (2), Đồng Tháp (2), Kiên Giang (2), Cà Mau (2), Khánh Hòa (1), Bình Dương (1), Thừa Thiên Huế (1), Bến Tre (1), Hậu Giang (1). … [Read more...] about COVID-19 new cases in Việt Nam on May 26 afternoon
KOCCA Vietnam hosts online business matching forum
The two-day event featured over 40 Vietnamese and Korean producers. — Photo courtesy of KOCCA Vietnam The Korea Creative Content Agency Vietnam Office (KOCCA Vietnam) has launched an online business matching forum to help South Korean content producers enter Viet Nam and deliver their products in the country more effectively. The two-day event, which ended on Thursday, saw the participation of over 40 Vietnamese and Korean producers in the fields of television, fictional characters, AR/VR, games and cartoons. Kim Tae Hyeong, CEO of Korean T2N Media, described the event as a good opportunity for his company to meet with Vietnamese businesses in over-the-top media services and enhance its understanding of the Vietnamese market. Director of KOCCA Vietnam Hong Jeong Yong said his agency would help Korean content companies access Viet Nam after the COVID-19 pandemic by ensuring its network with domestic enterprises, connecting content producers from the two countries in the … [Read more...] about KOCCA Vietnam hosts online business matching forum
Two new Viettel inventions granted exclusive protection certificate in the US
The number of Viettel's inventions has been on the rise, covering both military and civil fields. — Photo courtesy of Viettel Viettel Aerospace Institute (VTX), a member of Viettel Group, was officially granted an exclusive protection certificate by the US Patent and Trademark Office (USPTO) for two works in the field of optoelectronics and materials industry. 'Spherical mirror optics for medium-wave thermal imaging equipment' was invented in 2017, solving the problem of self-study, designing and manufacturing camera cores, and minimising the dependence on imports from abroad. Meanwhile, the invention of a 'method for making high-temperature synthetic materials' helps produce materials that can meet the harsh working conditions in the military field. The number of Viettel's inventions has been on the rise, covering both military and civil fields, affirming its position as a technological pioneer. Viettel has been granted 56 patents in Viet Nam and 11 patents in the US by … [Read more...] about Two new Viettel inventions granted exclusive protection certificate in the US
IPEF should treasure openness, inclusiveness and transparency: foreign ministry
The regional framework should be in line with international laws and ASEAN Centrality. Vietnam has highlighted the role of international economic initiatives when talking about the Indo-Pacific Economic Framework (IPEF) which was launched by the US three days ago. “Vietnam has joined a number of international economic initiatives that help make the most of domestic and foreign resources, serving the country’s development,” Spokesperson Le Thi Thu Hang of the Ministry of Foreign Affairs (MoFA) said today. Hang made the statement at the press conference on May 26 when talking about Vietnam’s participation in the launch of IPEF through a speech delivered by Prime Minister Pham Minh Chinh. Chinh said the launch of IPEF will kickstart a serious discussion in exchange of ideas towards addressing critical regional and global issues together, issues that no one can address on their own like ones on a global scope – supply chains diversification and resilience, technological … [Read more...] about IPEF should treasure openness, inclusiveness and transparency: foreign ministry