Warehouse best practices receiving

Hanoi (VNS/VNA) - Public investment will focus on key national projects with important roles in enhancing regional links and creating new drivers and room for economic growth, Minister of Planning and Investment Nguyen Chi Dung has said. Last year saw the highest public investment disbursement rate in 2016-2020 as the Government identified public investment as a major driver for growth in the context of the COVID-19 pandemic. The Ministry of Planning and Investment estimated the public investment disbursement rate would reach more than 90 percent of the plan as of the end January 31 (the deadline for disbursement of 2020 public investment), compared to 73.3 percent of 2017, 66.8 percent of 2018 and 67.46 percent of 2019. There were 17 ministries, central-level agencies and 17 localities with disbursement rates of more than 80 percent as of December 31, 2020. However, 13 ministries and central-level agencies and five localities had disbursement rates below 60 percent. … [Read more...] about Public investment will focus on key projects: Minister

Nguyễn Tuấn Anh, factory director of Sao Kim Pharmaceutical Joint Stock Company, which produces and exports anti-malarial drug materials to Africa and some Southeast Asian countries, said his company expected to partner more with the Indian firms for more projects in Việt Nam to serve the potential pharmaceutical market with a growth rate of more than 15 per cent each year. … [Read more...] about Vietnamese, Indian pharmaceutical enterprises have great opportunities in Viet Nam

Hanoi (VNS/VNA) - Experts have pointed out lots of opportunities for Vietnamese and Indian enterprises in the pharmaceutical industry in Vietnam. In an effort to promote trade and investment in the pharmaceutical sector, the Embassy of India, the International Investment Promotion Alliance, the Association of Foreign Invested Enterprises and the Vietnam Chamber of Commerce and Industry (VCCI) organised a seminar in Hanoi on January 21 to connect experts and enterprises from the two countries. According to the embassy, India was popularly known as the pharmacy of the world, earning its credibility as one of the largest manufacturers of generic drugs. It also said the Indian pharmaceutical sector supplies over 50 percent of global demand for various vaccines, 40 percent of generic demand in the US and 25 percent of all medicine in the UK. Indian drugs are exported to more than 200 countries in the world, with the US being the key market. Indian pharmaceutical exports, … [Read more...] about Vietnamese, Indian pharmaceutical firms have great opportunities in Vietnam

Vietnamese futsal team in contention for Futsal World Cup spot The Vietnamese national futsal team could be selected to compete at the Futsal World Cup which will get underway in Lithuania in September, in the event that the AFC Futsal Championship is cancelled … [Read more...] about Vietnam eyes second consecutive slot at Futsal World Cup

Hanoi (VNA) – Japan's Nikkei newspaper has run a story highlighting the opportunity for Vietnam to rise stronger after the COVID-19 pandemic is completely controlled. It spotlighted Vietnam's efforts in maintaining economic activities amid the pandemic, which made the country one of the Asian economies recording the highest growth in 2020. The article noted that in 2020, Vietnam signed three free trade agreements (FTA), and saw the introduction of another airline, while rising to the sixth position in Southeast Asia in terms of per capita income. It noted that Vietnam grasped the greatest opportunity in decades to become one of the countries with the highest GDP growth in the world with an expansion of 2.9 percent and an expected rate of 6.5 percent in 2021. The article cited a report by Euromonitor as saying that Vietnam is forecast to be one of the markets with the busiest merge and acquisition (M&A) activities and the most potential M&A market only after the US. … [Read more...] about Vietnam sees once-in-a-generation opportunity: Nikkei newspaper