Pioneering Việt Nam's digital revolution: insights from Meta's perspective
Việt Nam has rapidly emerged as a vibrant player on the global stage, with robust economic growth and a burgeoning digital ecosystem. How do you assess the innovation ecosystem in Việt Nam and the digital transformation process of Vietnamese businesses in recent years? We are very positive about the digital ecosystem in Việt Nam. In 2019, Việt Nam launched its “Make in Việt Nam” strategy to develop its domestic ICT industry by shifting from assembly and outsourcing to one with strong local capabilities for product creation and design. We look forward to the awarded solutions being adopted widely, generating more value and helping shape the innovation ecosystem in Việt Nam.
Source:Viet Nam News
September 14, 2023 16:04 UTC
Norway and Vietnam further discuss energy transition at seminar
Private and public representatives from Norway and Vietnam recently attended the “Energy Transition: Norway-Vietnam Business Partnership” seminar to further discuss the topic on Wednesday, 13 September 2023 in Ho Chi Minh City, Vietnam. The seminar was held by the Embassy of Norway, Norwegian Energy Partners and the Vietnamese Department of Oil, Gas, and Coal. According to the Vietnam News, more than seventy delegates from local and global energy companies and stakeholders in the energy sector in Vietnam joined the seminar. Additionally, executives from fifteen Norwegian companies including Equinor, DNV, Mainstream, VARD, Scatec, NOV, and Sperton participated. As “Energy transition is an inevitable process, and now we have to work towards that goal,” said Mette Møglestue, Deputy Head of Mission at the Norwegian Embassy in Hanoi, business representatives from both parties got to exchange their experiences in the energy sector as well as explore more possible collaboration in areas such as offshore, wind power, clean hydrogen, CCS, and LNG.
Source:Viet Nam News
September 14, 2023 15:49 UTC
Vietnam’s tuna exports to UK positive in coming months: Association
Illustrative photo (Photo: VNA)– Vietnam’s tuna exports to the UK in the remaining months of this year will be positive and Vietnamese tuna still has good competitiveness thanks to the advantages that the Vietnam-UK free trade agreement brings about, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).Vietnam is the 13th largest tuna product supplier to the UK According to the General Department of Vietnam Customs, after a sharp drop of 51% in May, the export of Vietnamese tuna to the UK continued to increase in the two subsequent months. This growth has raised Vietnam’s export turnover of the fish to the UK in the first seven months of this year to more than 4.5 million USD, representing a year on year rise of 77%.On July 16, the UK signed a document to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The accession is expected to boost trade between the UK and the members of the CPTPP bloc, including Vietnam.Along with the UKVFTA that the two countries signed in late 2020, incentives from the CPTPP will open up opportunities for Vietnamese seafoods, including tuna, to enter the UK market, according to experts.
Source:Viet Nam News
September 14, 2023 15:30 UTC
Banks start procedures to pay dividends until year-end
HÀ NỘI — Many banks are starting procedures to pay dividends to shareholders from now until the end of the year. Specifically, VietinBank will increase its charter capital by VNĐ12.3 trillion through issuing shares to pay dividends. In July, the City Development Joint Stock Commercial Bank. Ho Chi Minh City (HDBank, or HDB) also issued more than 377 million shares to pay dividends in 2022. In addition to VPBank, a number of other banks have paid cash dividends this year, including HDBank (HDB), Asia Commercial Joint Stock Bank (ACB), Tiên Phong Commercial Joint Stock Bank (TPBank or TPB), Military Commercial Joint Stock Bank (MBB) and Vietnam International Commercial Joint Stock Bank (VIB).
Source:Viet Nam News
September 14, 2023 06:11 UTC
Attacks on IoT devices as one of four main trends in cyberattacks
HÀ NỘI — A report by the Việt Nam Computer Emergency Response Teams (VNCERT) indicates a substantial uptick in cyber incidents targeting IoT devices in the past years, and from the beginning of last year, the Authority of Information Security (AIS) has forecasted that attacks on IoT devices will be one of four main trends in cyberattacks in the country. The theme of the workshop is “Cyber Immunity for Security in IoT”, in recognition of the complex cybersecurity landscape brought about by the proliferation of IoT devices. As the number of IoT devices grows exponentially, the installation of protective tools that need regular updates on each of them is time-consuming and resource-intensive. To operationalise the vision of Cyber Immunity, Kaspersky developed its own operating system – KasperskyOS. We believe Cyber Immunity offers a new paradigm for how IT systems should be designed.
Source:Viet Nam News
September 13, 2023 16:49 UTC
Public security minister visits China, attends conference on crime prevention, control
They will also work closely together to ensure the security and safety of important political events, high-level visits, and the citizens, businesses and representative agencies of each country in the other's territory. Both sides will protect the legitimate rights and interests of their citizens, offer mutual support in personnel training in areas of their strength, he added. The same day, Minister Lâm together with Chinese State Councillor and Minister of Public Security Wang Xiaohong co-chaired the eighth ministerial conference on crime prevention and control. Concluding the event, they signed the minutes of the conference and a Memorandum of Understanding on prevention and control of trans-national gambling between the two ministries. On the occasion, Wang presented the Golden Great Wall insignia to Minister Lâm.
Source:Viet Nam News
September 13, 2023 16:11 UTC
Automobile sales down 9% in August
Illustrative image (Photo: Toyota Vietnam)- Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 22,540 vehicles in August, down 9% compared to the previous month, VAMA has reported.Of the vehicles sold last month, there were 17,335 passenger cars, down 10%; 5,036 commercial vehicles, down 5%; and 169 special-use vehicles , up 14% month-on-month.This indicates that the automotive market in Vietnam has faced difficulties in maintaining stable sales, especially in the two key segments of passenger cars and commercial vehicles.In terms of vehicle origin, the sales of domestically-assembled and imported completely built-up (CBU) vehicles reached 13,118 units and 9,422 units, down 3% and 15% month-on-month, respectively.In the first eight months of this year, VAMA members sold a total of 184,554 vehicles of all kinds, down 30% annually, with the sales of passenger cars, commercial and special-use vehicles dropping by 34%, 13%, and 61%, respectively.Besides VAMA member units, the Vietnamese auto market also includes other automakers such as Audi, Jaguar Land Rover, Mercedes-Benz, Nissan, Subaru, Volkswagen, and Volvo, but they do not disclose business results.Meanwhile, Thanh Cong Group (TC Group) announced its sales of 3,145 units in August, and 35,191 in the Jan – August period.Based on the sales reports from VAMA and TC Group, 25,685 units were sold in August, lifting the total sales in the first eight months to 219,745 units.Toyota led the market in August with 3,922 units, up 16.7% from the previous month. It was followed by KIA, Huyndai, Mazda and Ford./.
Source:Viet Nam News
September 13, 2023 14:20 UTC
Pharmedi Vietnam 2023 kicks off in HCM City
Pharmedi Vietnam 2023 opens in Ho Chi Minh City from September 13-16. (Photo: pharmed.vn)HCM City (VNA) – The Vietnam international exhibition on products, equipment, supplies for medical, pharmaceutical, hospital and rehabilitation – Pharmedi Vietnam 2023 - kicked off in Ho Chi Minh City on September 13. The international health event is of regional scale with a total of 800 booths from 25 countries and territories. It’s also an opportunity for enterprises to boost linkage, introduce products, and expand business manufacturing while actively contributing to protecting, caring for and improving public’s health. Several symposiums, in-depth seminars will also be held during the four-day event./.
Source:Viet Nam News
September 13, 2023 14:20 UTC
Shares gain ground on the back of large-caps
HÀ NỘI — Shares gained ground on Tuesday thanks to the sharp rises of large-caps, especially those in the securities and real estate group, supporting the overall market. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) gained 1.78 per cent to close at 1,245.44 points. Real estate and construction stocks witnessed a dramatic gain in prices, such as Khang Điền House (KDH), Novaland (NVL) and Phát Đạt Real Estate Group (PDR). Meanwhile, the HNX-Index on the Hà Nội Stock Exchange (HNX) gained 1.99 per cent, to close Tuesday at 256.32 points. During the trading session, investors poured VNĐ1.9 trillion into the northern market, equivalent to a trading volume of 97.5 million shares.
Source:Viet Nam News
September 13, 2023 12:05 UTC
Kon Tum launches video contest to promote tourism
KON TUM – Vietnamese residents and expatriates aged 18 and above who are living and working across Việt Nam are encouraged to participate in a video contest to promote tourism of the Central Highlands province of Kon Tum. “The contest is part of a project to turn Kon Tum into the must-visit destination of the Central Highlands,” Nguyễn Văn Bình, director of the department, said. All videos will be uploaded on the Facebook page “Kon Tum Travel” at https://www.facebook.com/kontumtourism.com.vn/ from November 7-20 for voting. The awards ceremony will be held on December 9, while winning videos will be used to promote the tourism of Kon Tum. More information on the contest can be found at https://dulichkontum.com.vn or Facebook page “Kon Tum Travel”.
Source:Viet Nam News
September 13, 2023 11:15 UTC
VIETNAM NEWS HEADLINES SEPTEMBER 13/2023
200 liaison personnel and volunteers are selected from more than 2,000 applications to serve the 9th Global Conference Young Parliamentarians (GCYP). On this occasion, Xuan conveyed the invitation from President Vo Van Thuong to the Mozambican leader to soon visit Vietnam. RoK - Vietnam Women’s Forum held in SeoulThe 10th Republic of Korea (RoK) - Vietnam Women’s Forum, held by the Korean Women’s Development Institute (KWDI) and the Vietnam Women’s Union (VWU), took place in Seoul on September 12. Online quiz spotlights Vietnam - Cuba friendshipAn online interactive quiz on the Vietnam - Cuba friendship will take place from September 14 to 18. PM Chinh highly valued Mongolia's great attention to the relations with Vietnam and considering Vietnam as a leading partner in Southeast Asia.
Source:Viet Nam News
September 13, 2023 04:47 UTC
US President’s Vietnam visit expected to open up new development stage
The talks between Party General Secretary Nguyen Phu Trong and US President Joseph Biden. (Photo: VNA)Party General Secretary Nguyen Phu Trong (R) and US President Joseph Biden at the meeting with the press. (Photo: VNA)US President Joseph Biden (second from left) and PM Pham Minh Chinh (second from right) chair the high-level conference on investment and innovation. He met with President Vo Van Thuong and attended a banquet hosted by Thuong. He had a meeting with Prime Minister Pham Minh Chinh, with both leaders attending a high-level conference between the US and Vietnam on investment and innovation.
Source:Viet Nam News
September 13, 2023 04:29 UTC
Japanese body strengthens collaboration to bolster green growth in VN
What do you think about the development of Japan - Việt Nam relations over the past 50 years, especially in the economic area? However, due to the post-war chaotic situations in Việt Nam, the economic and business ties did not happen in substance. For Japan, Việt Nam is the ninth largest trading partner globally and second in ASEAN. The surveys also point out that Việt Nam was the second-most favourable FDI destination, next to the US, for Japanese firms. JETRO is the secretary of the Asia DX subsidy project that provides support to digital transformation trial projects, including green businesses.
Source:Viet Nam News
September 13, 2023 01:52 UTC
Thailand considers raising minimum daily wage
World ASEAN reaps various economic achievements: Vietnamese official The Association of Southeast Asian Nations (ASEAN) has recorded many economic achievements in 2023 when Indonesia holds the ASEAN Chairmanship, a Vietnamese official has said. ASEAN 43rd ASEAN Summit concludes in Indonesia The 43rd ASEAN Summit and related summits wrapped up in Jakarta, Indonesia on September 7 afternoon. ASEAN Message about robust, self-reliant, dynamic ASEAN conveyed: Deputy FM The 43rd ASEAN Summit and related summits have conveyed a strong message about a robust, self-reliant and dynamic ASEAN, Deputy Foreign Minister Do Hung Viet told the press about the outcomes of the summits which wrapped up in Jakarta, Indonesia after three days of sitting. World Australia defines four potential growth sectors with Malaysia Australia has identified four key sectors with the highest potential growth to further deepen economic cooperation with Malaysia under its “Invested: Australia’s Southeast Asia Economic Strategy to 2040”.
Source:Viet Nam News
September 12, 2023 21:08 UTC
President attends opening of National Defence Academy’s new academic year
– President Vo Van Thuong on September 12 attended the opening ceremony of the 2023-2024 academic year of the National Defence Academy - the leading military scientific research and training centre of the army and Vietnam at large.Thuong requested the academy to continue working to increase the quality of education and training and actively contribute to improving the capacity of officers to meet requirements of the nation building and safeguarding in the new situation.He stressed the need for the academy to develop military, defence and security theories, especially new awareness and new thinking on nation safeguarding.It is also important to analyse, research, evaluate and accurately forecast situations related to national defence and security, with a view to promptly giving advice to the Party, State, Central Military Commission, and Ministry of National Defence on policies and preventive measures to protect the Fatherland early and from afar, he added.The president asked the academy to pay due attention to building a team of lecturers and scientists with strong political will and absolute loyalty to Marxism-Leninism, the Ho Chi Minh thought, and the Party, State, people and army, and high qualifications.President Thuong also emphasised the importance of promoting cooperation with defence and military academies and universities around the world to open more training classes for international defence officers, adding that this is a very important task, contributing to implementing the foreign policy of the Party and State in the current situation./.
Source:Viet Nam News
September 12, 2023 15:18 UTC