The show titled “Vietnam – spring beauty” was organised by the Ministry of Culture, Sports and Tourism to promote Vietnam’s tourism in Australia and to call on overseas Vietnamese to strengthen solidarity and preserve traditional culture. Vietnamese Consul General in Sydney Trinh Duc Hai suggested the two countries tighten coordination to promote tourism and enhance bilateral friendship, especially when they celebrate the 45th anniversary of diplomatic ties in 2018. The 90-minute performance featured various ethnic cultures from across Vietnam. Apart from enjoying traditional melodies, visitors could admire pictures capturing Vietnamese land and people displayed at the campus of the Consulate General. Earlier, the programme was held in Melbourne in Victoria State. Chairman of the Association of Vietnamese Entrepreneurs in Australia Tran Ba Phuc described this as a meaningful activity, demonstrating the Party and State’s attention to preserving … [Read more...] about Vietnam holds art performance in Sydney
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Vietnam-Poland economic forum held in HCM City
Addressing the forum, the Polish President described the event as one of the most important events of his ongoing visit to Vietnam. He highlighted the close-knit ties over the seven decades and fine sentiments between the two nations as the groundwork for furthering bilateral cooperation in diverse fields, particularly in economics.With a stable and high economic growth over recent years, Vietnam has taken on a prestigious role and position in the global economy. In ASEAN as well as in Asia, the country is one of the most dynamic economies and it has been selected as one of Poland’s five most promising investment and business markets for the future.President Duda noted that through the forum, Poland encourages Vietnamese and Polish firms to study each other market and exchange information to establish long-term partnerships.Vietnam’s Minister of Information and Communications Truong Minh Tuan said Poland is an important partner of Vietnam in the EU with trade and investment … [Read more...] about Vietnam-Poland economic forum held in HCM City
Vietnam looks for more FDI into pharmacy sector
VietNamNet Bridge - The Ministry of Health (MOH) estimates that Vietnam has to remit $2 billion abroad to import foreign drugs but could retain more money in-country if it could attract FDI (foreign direct investment) into the pharmaceutical industry. Vietnam spends $2 billion a year on drug imports Vietnam is the fastest-growing medicine market in Asia, ranked 17th out of 175 countries in the world with a CAGR (compound annual growth rate) of 14.1 percent in the 2010-2015 period. With 160 factories meeting WHO-GMP standards, the domestic drug output just can meet 45 percent of the demand. Therefore, experts believe that the drug market would witness a growth rate of no less than 17 percent per annum in 2017 and the next few years, and a CAGR of 11.8 percent in 2016-2020. Experts believe that the drug market would witness a growth rate of no less than 17 percent per annum in 2017 and the next few years, and a CAGR of 11.8 percent in 2016-2020. By the end of … [Read more...] about Vietnam looks for more FDI into pharmacy sector
Ireland provides EUR12.6 million to support development of Vietnam’s ethnic minority areas
Accordingly, the funding will support the “Socio-economic development programme for extremely difficult communes in ethnic minority and mountainous areas” (Program 135) and the technical assistance project on "Enhancing the effectiveness of development programs and policies and initiatives for poverty reduction in ethnic minority and mountainous areas" for the 2017-2020 period.During that period, Ireland will provide a financial support of EUR12 million for Vietnam to implement Program 135 in order to support the improvement of socio-economic infrastructure and access to services for ethnic minority communities in five provinces Ha Giang, Hoa Binh, Quang Tri, Kon Tum and Tra Vinh.Meanwhile, EUR600,000 will be allocated for the technical assistance project to improve the effectiveness of programmes and policies towards the development of ethnic minority population.The funding agreement for Program 135 was signed on November 15 between the CEMA on behalf of the Government of … [Read more...] about Ireland provides EUR12.6 million to support development of Vietnam’s ethnic minority areas
Vietnam launches 2012 Earth Hour
The organising board has announced that the 2012 Earth Hour will be held in Vietnam from 8.30 pm - 9.30 pm on March 31. The board, along with WWF Vietnam expressed their hope that this year's campaign would have a large effect in terms of educating the public and encouraging people to save electricity by turning of their lights and electrical appliances. Not only does it call on people to save energy on the occasion, but to be more environmentally aware by regularly using electricity-saving bulbs, growing more trees and recycling. Youtube will support the campaign by featuring a video on which people can share their videos and comments on the question, "What are you willing to do to save our planet?" It is hoped that this will quickly spread to other social networking sites, such as Twitter, Facebook and Google+ to spread the word about the importance of conservation. This is the third year of Earth Hour in Vietnam, and it is now receiving wide acceptance and support … [Read more...] about Vietnam launches 2012 Earth Hour