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Vangelis Vitalis - New Zealand’s Deputy Secretary of Foreign Affairs and Trade What was achieved at the eighth meeting of the Vietnam-New Zealand Economic and Trade Committee? Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang and I focused on practical things that will benefit our businesses, and also benefit New Zealanders and Vietnamese on both sides, because of the way in which we can support trade flows. We discussed some of the customs procedures on both sides that would make it easier for our companies to export to one another. We also discussed the need to have electronic certification and to set up a process by which we could audit each other’s horticulture sectors, which our two leaders say are essential. For example, when they agreed on the export of Vietnamese limes and pomelo to New Zealand, we were able to send squash and strawberries to Vietnam. Besides that, we agreed to increase work together to find ways to facilitate more of this kind of … [Read more...] about New Zealand and Vietnam offering trade solutions

A Vietnam Airlines aircraft (Photo: VNA) Hanoi (VNA) - Vietnam Airlines Group , which comprises Vietnam Airlines, Pacific Airlines and Vietnam Air Services Company ( VASCO ), has announced that to meet travel demand in the summer travel season, it will offer more than 7.3 million seats on domestic and international routes from June 1 to August 8. In the peak period of these months, there will be nearly 500 flights operated by the group per day, 30% greater than usual level. The busiest routes are those connecting Hanoi and Ho Chi Minh City with popular destinations such as Da Nang, Hue, Quy Nhon, Nha Trang, Da Lat and Phu Quoc as well as linking Vietnam to Japan, the Republic of Korea, Thailand. The three carriers are recording a rapid increase in bookings, with many flights during the peak travel season already filled having over haft of their seats occupied. They recommended passengers check in online, arrive at the airport two hours before departure for … [Read more...] about Vietnam Airlines Group to provides 7.3 million seats this summer

At a reception in Hanoi for Samdech Kittisangahapundit Men Sam An, who is Deputy Prime Minister, Minister of the National Assembly - Senate Relations and Inspection of Cambodia and Chairwoman of the Cambodia - Vietnam Friendship Association, PM Pham Minh Chinh congratulated the guest on being bestowed with the royal title of Samdech Kittisangahapundit by King Norodom Sihamoni. He said this recognition from the King and the Cambodian Royal Family reflects their appreciation for her contribution to the development and protection of Cambodia over the past years. He believed that under the close guidance of PM Hun Sen, the 12th ASEAN Para Games, scheduled for June, will be a success, contributing to improving the role and position of Cambodia in the region and the world as well as to building an ASEAN community of peace, stability, solidarity, and prosperity. He expressed his wish that the two countries will step up their bilateral ties, especially in trade, investment, tourism, human … [Read more...] about Vietnam gives top priority to ties with Cambodia: Prime Minister

They are among 46 projects that have agreed to sell power to national utility Vietnam Electricity (EVN) at a temporary price rate while the government considers an official rate. The temporary rate is VND754-908 (US$0.032-0.039) per kilowatt-hour, which is half the maximum price the government can offer. The Ministry of Industry and Trade and EVN have been pushing for linking up the plants amid fears of a power shortage in the summer as water levels plummet in reservoirs. Renewable energy plants with around 4,600-MW capacity are awaiting connection to the grid since they were built after the government ended its incentive buying price. Their developers are in the process of negotiating new rates with the government. … [Read more...] about Seven renewable power plants connected to grid

How do you assess the potential of the supporting industry in Vietnam? Jun-Ho Lee, deputy director of the Vietnam-Korea Technology Consulting and Solution Centre (VITASK) Vietnam’s supporting industry sector has a large room for growth because the Vietnamese electronics industry has a fairly large position as one of the top 15 largest electronics exporting countries in the world. Besides that, this sector leads in the total import and export turnover of all industries in Vietnam. A report from the Department of Industry under the Ministry of Industry and Trade (MoIT) shows that in 2022, the electronics industry had an export turnover of $114.4 billion, an increase of about 6 per cent on-year, and accounting for over 30 per cent of the total export turnover of the whole country. Among the six groups of goods with export turnover of over $10 billion in Vietnam, there are also computers, mobile phones, electronics, and components. The export market of Vietnam’s … [Read more...] about Enhancing competition capacity of nation’s supporting industries

The Vietnamese booths display products of big brands like Masan, Vinamilk and Huu Nghi. (Photo: VNA) Hanoi (VNA) – More than 30 Vietnamese businesses are showcasing their products at a food exhibition in the Republic of Korea (RoK), which opened on May 30. As the largest food exhibition in the East Asian nation, Seoul Food 2023 gathers 1,500 companies from 30 countries with up to 2,500 booths. The four-day event offers an opportunity for the food and beverage industry of the RoK and other participating countries to seek cooperation opportunities . The Vietnamese booth displays products of big brands like Masan, Vinamilk and Huu Nghi, attracting crowds of Korean importers, distributors and consumers. Pham Hong Son, Deputy General Director of Masan Consumer Corporation, said Vietnamese cuisine has been favoured in the RoK, noting that the increasing number of businesses investing in products for the market has demonstrated the firm foothold of Vietnam’s big brands … [Read more...] about Vietnamese firms participate in biggest food exhibition in RoK

Prime Minister Pham Minh Chinh shakes hands with local leaders. (Photo: VNA) Ha Giang (VNA) – Ha Giang province needs to better the drawing of mechanisms and policies, and reform administrative procedures in order to pave way for development and lure investments, especially in its priority areas and products, Prime Minister Pham Minh Chinh said on May 28. At a working session with the Standing Board of the provincial Party Committee as part of his visit to the northern mountainous locality, Chinh said Ha Giang boasts unique potential and competitive advantages to grow rapidly and sustainably. “Ha Giang should always desire for rapid, green, sustainable development,” he said, asking the locality to optimise its strengths and opportunities to growth further. The PM urged Ha Giang to accelerate public investment disbursement, drastically implement the national target programmes and the socio-economic recovery and development programme, and push ahead with the … [Read more...] about PM asks Ha Giang to pave way for development with mechanisms, policies

Speaking at a May 19 conference on plans to develop one million social houses for lower-income people and workers by 2030, Minister of Construction Le Thanh Nghi said that the ministry would coordinate with authorities to ensure it achieved its social housing targets. The ministry (MoC) has completed the draft amended Law on Housing, which has been approved by the government and submitted to the National Assembly for approval. It is hoped that the amended law will draw policies for social housing development and take effect from 2024, including planning and reserving land for social housing development, selection of project investors, and procedures for implementation. As of Q1 2023, Vietnam has completed just over 300 social housing projects in urban areas and worker housing projects in industrial zones (IZs), with nearly 156,000 units in total. About 400 projects are still planned to be built, with a total scale of 454,000 apartments. However, demand has not been fully met. … [Read more...] about Investors wanted for social housing efforts

The mission was joined by delegates from the Vietnam Oil and Gas Group (Petrovietnam or PVN), the State Treasury of Vietnam, Hai Duong province, the Vietnam Bank for Agriculture and Rural Development, Medistar Co., Ltd., artists, and reporters from the central and local press agencies. During the six-day long voyage, around 300 delegates visited troops and people on Len Dao Island (Lansdowne Reef), An Bang Island (Amboyna Cay), Da Dong C Island (East London Reef), Truong Sa Dong Island (Central London Reef), Truong Sa (Spratly) Island, and DK1/20 platform, using Ship Truong Sa 571. On reaching each island, the visiting delegates made the most of their short time to visit troops’ barracks, meet and present gifts to, and have cultural and artistic exchanges with troops and people there. In addition, the delegation organized a cultural and artistic exchange to mark President Ho Chi Minh’s 133rd birthday, paid tribute to naval troops who laid down their lives in the Truong Sa … [Read more...] about Thirteenth delegation concludes visit to Truong Sa archipelago and DK1 platform

e27, a tech and startup media platform in Asia, has announced the launch of this two-day event, taking place on June 14-15 at Singapore EXPO. With over 100 international speakers, the summit aims to connect startups, explore business opportunities, and foster new tech investments in Southeast Asia. Vietnam's DIFISOFT and Hello3Dworld are among the top 100 startups participating. Echelon's expert speakers will cover topics including Web3.0, Southeast Asia's rising stars, future sectors and investment trends, mergers and acquisitions, sustainability, and growth. Workshops, roundtable discussions, exhibitions, and networking sessions will further enrich the experience, offering abundant opportunities for startups and investors in the region. The previous Echelon Asia Summits have featured renowned figures from startups and venture capital firms such as Grab, Carro, Ninja Van, WeWork, Lazada, Shopback, and numerous others. The summit will mark the return of the TOP100 programme, … [Read more...] about Echelon Asia Summit 2023: Connecting Asia’s tech ecosystem for growth and innovation