Which country invest most in vietnam

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

The Second Proposal enabled the company to be consistently ranked first in social media shares by YouNet Media during the campaign’s roll-out period, significantly improving its brand awareness, consideration, and preference scores with more than 40 million reaches, 35 million views, and 10 million engagements achieved. The campaign has also contributed to Generali’s market-leading position in R-NPS measuring overall customer satisfaction. The Second Proposal is an integrated marketing campaign launched by Generali on the occasion of Valentine's Day. The campaign comprised a music video inspired by classic love stories, with impressive LED displays showcasing romantic proposal messages on major streets of Hanoi and Ho Chi Minh City to carry messages of lifetime bonding from Generali to its customers and the community. The campaign culminated in a spectacular show featuring popular artists such as Duc Phuc, LyLy, and Osad, delivering great music experiences while … [Read more...] about Generali Vietnam shining at the Insurance Asia Awards 2022

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

A workshop was held in the Mekong Delta province of An Giang on April 2 to discuss the creation of hi-tech agricultural value chains between Vietnam and Australia. Director of the provincial Department of Agriculture and Rural Development Tran Anh Thu said the event allowed local enterprises to learn about technical barriers and how to control the quality of farm produce exported to Australia and other markets in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The provincial Department of Agriculture and Development and the Vietnam-Australia business association signed a memorandum of understanding on cooperation The workshop helped promote local agricultural products and opened up investment opportunities for local and Australian businesses, he added. Professor Scott Murray from Canberra University introduced the value chain research model, the development path of Vietnam and the benefits of the CPTPP for Vietnam and … [Read more...] about Vietnam cooperates with Australia to create hi-tech agricultural value chain

A strong business community will build an independent and highly resilient economy. Localities are expected to further create a favorable environment for business operation, especially in simplifying administrative formalities and avoiding petty corruption. Prime Minister Pham Minh Chinh at the conference. Photos: Nhat Bac Prime Minister Pham Minh Chinh stressed the view during a conference between the Government’s leader and business community on August 11, which drew the participation of 1,200 delegates from a business association and local companies. According to Chinh, more than two years since the outbreak of the Covid-19 pandemic, Vietnam has now put the situation under control and maintained positive growth. Vietnam’s GDP  during the six months expanded by 6.42%, higher than the 5.74% rate in the same period last year, and equivalent to the growth rate recorded in the pre-pandemic period 2016-2019 (6.38%). In addition, Chinh also pointed out high … [Read more...] about PM urges favorable environment for businesses

Indian Independence Day marked in HCMC. (Photo: VNA) Chairman of the Vietnam - India Friendship Association (VIFA) in HCMC spotlighted the long-lasting traditional friendship between Vietnam and India, saying the two countries have always supported each other in their struggles for national independence in the past, and in the national construction and development at present. Lap expressed his wish to for further coordination and support from the Indian Consulate General in HCMC and the Indian Business Association in Vietnam in organizing people-to-people events in the city, contributing to consolidating and developing the good traditional friendship and solidarity between the two nations. For his part, Indian Consul General in HCMC Madan Mohan Sethi affirmed Vietnam is always the most important partner of his country in Southeast Asia. According to the diplomat, now is the most appropriate time for India and Vietnam to further promote cooperation activities, especially … [Read more...] about Indian Independence Day marked in HCMC

Cao Son Coal, the company with the largest mining output in Vietnam, on July 19 announced to improve and expand the capacity of the Cao Son coal mine in Cam Pha in the northeastern province of Quang Ninh, to meet high production requirements. Coal mining companies are increasing output to deal with power generation shortages, Le Toan The mine has total reserves of almost 52 million tonnes, with a designed capacity of about 4.5 million tonnes per year. By upgrading the reserves, Cao Son’s coal mine is expected to complete a record high mining output of 6.78 million tonnes in 2022. Phan Quoc Viet, director of Cao Son Coal, said, “We have mobilised equipment to maximise the exploitation of raw coal at the Cao Son mine. In 2021, we achieved a mining output of over 6.4 million tonnes.” Many miners feel that Cao Son Coal’s plan to increase output faces many challenges, especially considering the increasingly difficult and complex open-pit mining conditions. Similar to … [Read more...] about Power shortage worries increase hunger for coal

Hanoi (VNA) - The following is a list of selected news summaries last night by Vietnam News Agency. – The 14th meeting of the National Assembly Standing Committee wrapped up in Hanoi on August 11 after two and a half days of sitting. NA Chairman Vuong Dinh Hue said the meeting had completed all tasks as scheduled. Read full story – Standing members of the steering committee in charge of a project to draft a strategy for building and completing a law-governed socialist state of Vietnam by 2030, with a vision to 2045, held a meeting with the Central Theoretical Council in Hanoi on August 11. Members of the council showed their support for the draft strategy, which they said has been prepared in a methodological, democratic and scientific manner that guarantees the Party’s comprehensive and absolute leadership, firmly maintains the socialist orientation, and doesn’t include loopholes for hostile forces to take advantage of to sabotage the Party, State or regime. Read full story … [Read more...] about ☀️ Morning digest August 12

Phan Quang Vinh, head of Marketing for RX Tradex, said that in addition to annual activities, the Vietnam Electronics Forum 2022 is a focal event before Vietnam’s only SMT Exhibition on Testing Technologies, Equipment and Supporting Industries for Electronics Manufacturing (NEPCON Vietnam), which is scheduled to take place from September 14-16. It will feature electronic components, cell phone components, flat panel display modules, applications, automotive components, component manufacturing technology and more. The forum is part of a series of events and practical activities to support electronics firms in production, market expansion, access to international business opportunities and participation in global supply chains. As the COVID-19 pandemic is brought under control and trade and production activities are recovering, the exhibition will provide opportunities for Vietnamese electronics firms to meet potential partners from all over the world and learn new market trends. … [Read more...] about Major electronics show scheduled in Hanoi

According to the Ministry of Finance, the disbursement of the state budget capital as of the end of July stood at nearly $8.1 billion, accounting for 34.47 per cent of the yearly plan and a slight on-year reduction. Of this, one centrally-run agency and 11 localities reported disbursement at more than 50 per cent, 17 ministries and agencies have reported less than 10 per cent, and the remaining met the national average. Some major infrastructure projects are delayed and costs are only going to go up in that case, Le Toan Specifically, in Ho Chi Minh City, the disbursement of public investment in the first seven months accounted for about 15 per cent of the total allocated capital or almost $1.4 billion. This figure includes $108 million from the central budget and $1.28 billion from local funds. Many important works in the city have yet to expense anything, including one project for green traffic development, a water improvement initiative in the Tau Hu-Ben Nghe-Doi-Te … [Read more...] about Direction for disbursement tightened after mixed results