Vietnam russia

The Vietnamese booth at the exhibition draws a large number of visitors (Photo: VNA) Hanoi (VNA) – A Vietnamese business delegation led by Le Khanh Van, Director of the Centre for Science-Technology Application and Startup ( COSTAS ) under the Vietnam Association for Intellectual Women (VAFIW), attended the third “Made in Russia” - the leading exhibition in the beauty industry of Russia that took place in Moscow from June 6-7. The event gathered leading experts in Russia, as well as celebrities and cosmetics manufacturers. Addressing the opening ceremony, Van said that the exhibition is a good chance for Vietnam to access new technology and products in the industry, seek partners and strengthen the trade of products in this field between Vietnam and Russia. The Vietnamese booth showcased hormonal products, herbal toothpaste, shampoo, collagen to nutritional products such as cordyceps and black garlic, among others. At the event, VAFIW signed cooperation agreements … [Read more...] about Vietnamese firms explore beauty industry of Russia

At the meeting (Photo: VNA) Brussels (VNA) - Executive Vice President of the European Commission (EC) Valdis Dombrovskis, who is also Trade Commissioner, has affirmed that the European Union (EU) has regarded Vietnam as its important partner in the region, and called the Southeast Asian nation a model in impressive trade cooperation, especially after the EU-Vietnam Free Trade Agreement (EVFTA) came into force in 2020. Speaking at a meeting with the ASEAN Brussels Committee ( ABC ) in Brussels on June 6, Dombrovskis noted that the EU will increase its investment in Vietnam, particularly in significant such areas as just energy transition, and sustainable development. Vietnam’s Vice Ambassador to Belgium Vu Thu Thuy emphasised that the EU is an important partner of Vietnam, and trade cooperation remains a bright spot and a pillar of the bilateral ties. After the coming into force of the EVFTA , the two-way trade has grown more than 30% annually despite uncertainties in … [Read more...] about Vietnam a model in trade cooperation: EC official

Vietnamese consumers are also becoming more discerning and value conscious (Photo: VNA) Hanoi (VNS/VNA) - Vietnam remains an attractive market for retailers as Vietnamese consumers remain optimistic about the economic challenges and are driving premium purchases. Vietnamese consumers’ overall optimism remained one of the highest among countries globally, according to global management consulting firm McKinsey. McKinsey wrote in a recent article on its website that Vietnamese consumers were optimistic that the country’s economy would rebound within two to three months and grow just as or even more strongly than before the COVID-19 pandemic. There was also a clear intent by consumers to “splurge” and treat themselves, with more than 70% of respondents saying they intend to increase spending on categories of products or services they spent less on over the past year and a half. It was estimated that more than half of the Vietnamese population would enter the global middle … [Read more...] about Vietnam remains an attractive retail market: reports

Vietnamese track-and-field athletes at 12th ASEAN Para Games.(Photo: hanoimoi.com.vn) Phnom Penh (VNA) – As of 9:30 pm on June 7, the Vietnamese delegation bagged 58 gold, 49 silver, and 74 bronze medals, ranking third in the medal tally after Indonesia and Thailand at the 12th ASEAN Para Games in Cambodia. Notably, on June 7 alone, swimmers Trinh Thi Bich Nhu brought home three gold medals and Vi Thi Hang, two. From the start of the Games, Vietnamese swimmers have won 25 gold medals and set six new records. A swimming event at 12th ASEAN Para Games (Photo: VNA) Also on the day, Vietnamese track-and-field athletes bagged 10 gold medals. In addition, the chess team also brought home two more golds in the individual and team standard events. The Vietnamese sports delegation to the event consists of 164 members, including 122 athletes, who are competing in eight out of the 13 sports at the tournament, namely track-and-field, swimming, weightlifting, badminton, table … [Read more...] about ASEAN Para Games 12: Vietnam bags 58 gold medals

Swimmer Vo Thanh Tung. (Photo: VNA) Phnom Penh (VNA) - Vietnam bagged 36 gold, 35 silver and 56 bronze medals, ranking third in the tally as of 21:15 on June 6 - the third official competition day of the 12th ASEAN Para Games that is taking place in Cambodia . On June 6, Nguyen Van Hung obtained the two golds for the best weightlifting performance of 155kg and a total weight of 458kg after three successful lifts in the men’s 72kg event. The athletics team also secured an additional five golds on the day thanks to the outstanding performances of Vo Van Tung, Truong Bich Van, and Trinh Cong Luan. In track-and-field , Nguyen Ngoc Hiep and Nguyen Khanh Minh finished first in the men’s 400m T11 and 400m T12 events, respectively, to bring home gold medals. In the afternoon, swimmer Trinh Thi Bich Nhu earned a gold medal in the 200m individual medley SM6 . After the three competition days, Indonesia now ranks first in the medal tally with 92 golds and a total of … [Read more...] about ASEAN Para Games 12: Vietnam ranks third after three competition days

The Ministry of Transport is seeking the prime minister’s nod to concurrently break ground on four expressway projects in southern Vietnam, namely Beltway No. 3 in Ho Chi Minh City, Khanh Hoa-Buon Ma Thuot, Bien Hoa-Vung Tau, and Chau Doc-Can Tho-Soc Trang, on June 18. The ministry said in a report sent to the prime minister that the localities in charge of the development of these road projects had suggested different dates, ranging from June 17 to 30, and different locations to break ground on them. To ensure the groundbreaking ceremonies take place in a formal and cost-efficient manner, the ministry proposed that they should be held on June 18 in a hybrid format in four locations. In Ho Chi Minh City, the municipal administration would host the ceremony to start work on Beltway No. 3, with the participation of three neighboring provinces Dong Nai, Binh Duong, and Long An, through which the beltway will pass. The ministry would hold the groundbreaking ceremony of the Khanh … [Read more...] about Work on 4 southern Vietnam expys could start simultaneously in mid-June

Foodie circles in Vietnam are ridden with complaints after the Michelin Guide announced its list of 103 recommended restaurants in Hanoi and Ho Chi Minh City on Tuesday. In the inaugural edition of the Michelin Guide for Hanoi and Ho Chi Minh City, four restaurants were recognized with one Michelin Star for their high-quality cooking, 29 establishments received a Bib Gourmand for offering good food at moderate prices, and 70 others were recommended as the Michelin Selected restaurants. This image shows representatives of Anan Saigon, Gia, Hibana by Koki, and Tam Vi receiving one Michelin Star recognition for their restaurants at an awards ceremony held in Hanoi on June 6, 2023. Photo: Mai Thuong / Tuoi Tre Local foodies are dismayed by the announcement, with many complaining that the list does not accurately reflect the local culinary culture. “The most important thing I see is that there is no restaurant in Vietnam that really meets Michelin's standards and … [Read more...] about Michelin Guide arouses controversy after Vietnam debut

Vietnam’s e-commerce export revenue is currently experiencing a remarkable annual growth rate exceeding 20 percent and is projected to reach VND296.3 trillion (US$12.6 billion) by 2027. The forecast was released at the Vietnam Cross-border E-commerce Conference 2023 held in Hanoi on Wednesday by the E-commerce and Digital Economy Agency under the Ministry of Industry and Trade in collaboration with Amazon Global Selling, a program that enables merchants to list and sell their products across the world on U.S. e-commerce giant Amazon’s marketplaces. In her remarks at the event, Lai Viet Anh, deputy director of the E-commerce and Digital Economy Agency, highlighted the flourishing global trend of cross-border e-commerce, which is gaining momentum in numerous countries worldwide. “In Vietnam, the retail e-commerce sector demonstrates an annual growth rate of more than 20 percent annually,” Anh said. With this impressive growth rate, Vietnam possesses immense potential for the … [Read more...] about Vietnam’s e-commerce export revenues grow over 20% per year: conference

Several enterprises in the northern region of Vietnam have decried repeated power outages after a region-wide electricity cut paralyzed their production activities. A representative of state utility Vietnam Electricity (EVN) said that power would be cut in the region by up to 30 percent. According to a representative of an apparel firm active in Viet Hung Industrial Park in Ha Long City under Quang Ninh Province, the firm’s production was in a turmoil due to unstable power supply. Power outages have forced the company to constantly run its own generators, leading to a surge in production costs, the representative said, adding that the firm might halt operations if the blackout continues. “Due to global economic difficulties, we have adopted various measures to secure orders to maintain work for over 1,000 employees, but massive power outages have prompted us to use generators,” said the representative. However, it is hard to lengthen the situation, the representative added. … [Read more...] about Companies in northern Vietnam voice outcry over power cut

Police in Hanoi have arrested four suspects and seized more than 62kg of synthetic drugs, cracking down on a ring that smuggled drugs disguised as food and home appliances from European countries into Vietnam. The kingpin, 27-year-old Hoang Tien Dung, hailing from northern Hung Yen Province, was arrested during a coordination between the police of Hanoi and their colleagues in Hung Yen from May 4 to 7. To create a screen to hide his illegal drug smuggling, Dung set up an agency providing purified water and a night eatery in Hung Yen but used these facilities as the places to receive and deliver drugs, Hanoi police reported on Tuesday. Also detained with Dung were his two accomplices, Tran Van Tuan, 19, and Dao Ngoc Long, 35, both from Hung Yen. Tuan directly aided Dung in the illegal sale of smuggled drugs in Vietnam while Long acted as a middleman for Dung to deal with a suspect living abroad to buy drugs from European countries. Earlier on March 23, Hanoi police in … [Read more...] about Hanoi police bust ring smuggling drugs from Europe to Vietnam