Vietnam is willing to hold trade talks with the United States to timely solve arising problems regarding a U.S. anti-circumvention investigation into steel pipe products imported from the Southeast Asian country. Le Thi Thu Hang, spokesperson of the Vietnamese Ministry of Foreign Affairs, made the statement at a regular press briefing in Hanoi on Thursday following reports that the U.S. officially initiated an investigation into the case. Hang affirmed that the Vietnam-U.S. comprehensive partnership has witnessed progress in all fields in recent times, including in economy, trade, and investment. Vietnam is the leading trade partner of the U.S. in Southeast Asia, while the U.S. is the second-largest trade partner of Vietnam, with two-way trade turnover exceeding US$110 billion in 2021. “Vietnam advocates promoting economic, trade, and investment cooperation with the U.S. on the basis of freedom, fairness, and mutual benefits in accordance with bilateral agreements and … [Read more...] about Vietnam ready for talks with US on tax evasion investigation into Vietnamese steel pipes
Vietnamese bbq pork
Vietnamese, Lao localities forge cooperation
Ha, who is also a member of the Party Central Committee and head of the delegation of National Assembly deputies of Ninh Binh, hosted a reception on August 12 for Anouphap Tounalom, Secretary of the Lao People's Revolutionary Party (LPRP) Central Committee, and Secretary of the Party Committee and Chairman of the People’s Council of Vientiane. The two localities should cooperate and share experience in Party and administration building as well as socio-economic development, creating a foundation for long-term collaboration, she told the visiting Lao official. Stronger bilateral diplomatic ties between the two localities would contribute to consolidating and tightening the Vietnam-Laos great traditional friendship, she continued. The Lao official, in reply, said his visit to Ninh Binh aimed to enhance the relations between Vietnam and Laos as well as Ninh Binh and Vientiane, and intensify coordination and connectivity between the local Party Organizations and administrations. … [Read more...] about Vietnamese, Lao localities forge cooperation
Viet Nam, Poland to expand trade and investment ties
Vietnamese and Polish businesses exchange cooperation opportunities at a networking event on Thursday in HCM City. — VNA/VNS Photo Viet Nam appreciates Poland’s continued support in pushing for the EU’s early ratification of the EU-Viet Nam Investment Protection Agreement (EVIPA) and removal of the EC’s “yellow card” warning against Viet Nam’s fishing industry. Speaking at a networking event on Thursday, Nguyen Huu Nam, deputy director of the Viet Nam Chamber of Commerce and Industry (VCCI) in HCM City, said these developments would help expand Viet Nam-Poland trade and investment relations. The European Parliament (EP) recently passed a report on its Indo-Pacific strategy in the area of trade and investment, stressing the importance of the EU’s free trade agreements with partners in the region. The report called on EU members to ratify the EVIPA so that it can take effect early and create optimal conditions for promoting the EU’s investment in the region and Viet Nam. … [Read more...] about Viet Nam, Poland to expand trade and investment ties
Shares finish week higher on the back of steel, securities sectors
A worker checks products at a storage facility of Hoa Phat Group (HPG). The company's shares surged 2.4 per cent on Friday. — Photo hoaphat.com.vn Vietnamese shares finished the week higher, ending several days of sell-offs with a rebound fuelled by securities and steel stocks. On the Ho Chi Minh Stock Exchange, the VN-Index rose 0.82 per cent to close at 1,262.33 points. The VN-Index had lost 0.54 per cent in the last two days. More than 541.7 million shares worth VND13 trillion (US$555.7 million) were traded on the southern exchange. The market's breadth was positive with 273 stocks climbing, of which eight hit ceiling prices, while 166 declined. The VN30-Index, which tracks the 30 biggest stocks on HoSE, jumped 0.68 per cent, to 1,280.96 points. In the VN-30 index, gainers included Asia Commercial Bank (ACB), FPT Corporation (FPT), PetroVietnam Gas JSC (GAS), HDBank (HDB), Hoa Phat Group (HPG), Military Bank (MBB), Masan Group (MSN), Mobile World Group (MWG), … [Read more...] about Shares finish week higher on the back of steel, securities sectors
Vietnam, Poland want to step up food trade
Maciej Duszynski, Chargé d'Affaires a.i of the Polish Embassy, delivers an address in the event. (Photo: VNA) HCM City (VNA) – The Vietnam Chamber of Industry and Trade (VCCI) in Ho Chi Minh City partnered with the Embassy of Poland in Vietnam to host a networking event in food and beverage to boost trade between the two countries. Maciej Duszynski, Chargé d'Affaires a.i of the Polish Embassy, highlighted the growing trade and investment cooperation between the EU and Vietnam, saying the EU has remained Vietnam’s second largest importer and Vietnam is now the EU’s major trade partner. Thanks to that, the long-standing Vietnam-Poland relations have grown constantly in all areas, including the trade of agricultural products and food, he said, taking note of discussions on this issue held by leaders of ministries and agencies from the two sides. The Government of Poland is paying great attention to expanding export portfolios to Vietnam, with final steps being … [Read more...] about Vietnam, Poland want to step up food trade
ABB and Audi cooperate to drive e-mobility adoption in Vietnam
As a long-standing technology partner of Audi globally, ABB E-mobility was selected to deliver its market-leading electric vehicle chargers in Vietnam for the launch of new all-electric Audi e-tron GT quattro, Audi’s first electric car to hit the Vietnamese market. Like many similar Asian countries, Vietnam is experiencing rapid urbanization. The rate of car ownership is forecasted to grow thirty-five-fold from 2010 to 2050. To help mitigate the environmental impact of this increase, it is vital that the sector evolves by embracing e-mobility solutions. ABB Wallbox charger 2022 marks many changes in the electric vehicle market in Vietnam. Reputable car manufacturers, such as Audi, have realized their plans by bringing electric car models to the country. While the Vietnamese government’s incentives for e-mobility is still in the first phase, the progress in e-mobility being driven by well established vehicle manufacturers shows the important role that electric … [Read more...] about ABB and Audi cooperate to drive e-mobility adoption in Vietnam
Promotion week of Chi Lang custard apple opens
Hanoian consumers can enjoy many specialties at No. 489 Hoang Quoc Viet Street, Cau Giay District. Chi Lang custard apple, a special fruit of the northern province of Lang Son, is the highlight of a trade promotion week being held at the Vietnam Agricultural Exhibition Center in Hanoi's Hoang Quoc Viet Street till August 16. Local consumers are shopping at the fair. Photo: moit.gov.vn Chi Lang custard apple has been granted a protection certificate by the National Office of Intellectual Property and is recognized in the Top 50 famous fruit specialties in Vietnam. The capital city’s consumers also have the opportunity to shop for many specialties and taste local cuisine with quality assurance, food hygiene and safety from localities nationwide. The event, organized by the Agricultural Trade Promotion Center under the Ministry of Agriculture and Rural Development (MARD) in collaboration with the People's Committees of Hanoi and Lang Son Province, features 30 … [Read more...] about Promotion week of Chi Lang custard apple opens
Coast guards stand side by side with fishermen
Accordingly, the organizing panel presented 1,000 Uncle Ho’s portraits and 4,000 national flags, gave 10 medical cabinets and granted 120 gifts to needy fishermen, policy beneficiaries, and disadvantaged students in Rach Goc townlet and Tan An commune, Ngoc Hien district. Meanwhile, troops from Flotilla 42 distributed leaflets to disseminate information about the Vietnamese Coast Guard force and Law on Vietnam Coast Guard approved in 2018, and legal documents related to sea and islands, measures to prevent and combat IUU fishing and drugs, among others. According to Colonel Duong Xuan Duong, Political Commissar of Flotilla 42, the program contributed to tightening the military-civilian solidarity and raising fishermen’s awareness of legal fishing activities and heighten their responsibilities in safeguarding national sovereignty over sea and islands. On the occasion, the Coast Guard Region 4 Command coordinated with local authorities to clean up the beach, planted 50 trees and … [Read more...] about Coast guards stand side by side with fishermen
Companies want to recruit workers, but have difficulty: survey
The Vietnam Employment Outlook Survey Q3 & Q4 2022 by recruitment company ManpowerGroup Vietnam said 88% of enterprises plan to expand or at least maintain their payroll in the second half of the year. The manufacturing, wholesale, retail, banking-finance, and professional consulting sectors expressed the greatest desire to expand. The survey focused on mid-career jobs and found nearly half of enterprises plan to hire people with at least six months’ experience. "The Vietnamese labor market is, from our perspective, bustling," Nguyen Xuan Son, ManpowerGroup Vietnam acting country operations manager, staffing and outsourcing services, said. But businesses are facing challenges with 57% saying they have difficulty in hiring. One of the challenges is that candidates do not have the soft skills they require, such as English proficiency. Nearly one in three companies said fewer than 10% of their employees have the necessary English skills to work. Nguyen Thu Trang, … [Read more...] about Companies want to recruit workers, but have difficulty: survey
Vietnam win int’l U19 football tournament
Binh Duong – The Vietnamese football team won the 2022 International U19 Tournament after beating Malaysia 4-3 in the southern province of Binh Duong on August 11. The Vietnamese squad (Photo: VNA) Vietnam had a good start with Van Tu opening the score with a header after 11 minutes into the match. Vietnam then dominated the match and created many attacks. The official 90 minutes ended with a 1-1 draw. The sides further competed in a shootout, with Vietnam finally earning the victory. The Vietnamese players pocketed a reward of 10,000 USD, while runner-up Malaysia obtained 6,000 USD. Coming third, Thailand went home with 4,000 USD. By PV VNA … [Read more...] about Vietnam win int’l U19 football tournament