Vietnam-Denmark comprehensive partnership substantive, effective: diplomat
Vice State President Vo Thi Anh Xuan (C) welcomes Danish Crown Prince Frederik (second from left) and Crown Princess Mary Elizabeth. (Photo: VNA)– One decade after their comprehensive partnership was set up (September 19, 2013-2023), Vietnam and Denmark have enjoyed extensive, substantive and effective cooperation, Vietnam ese Ambassador to Denmark Luong Thanh Nghi has told the Vietnam News Agency.The two sides regularly maintain delegation exchanges at all levels, especially high-level visits and meetings, which not only shows respect for each other's roles, but also helps orient specific cooperation contents. Most recently, in the official visit to Vietnam by Danish Crown Prince Frederik and Crown Princess Mary Elizabeth last November, the two sides signed 14 memoranda of understanding on cooperation in the field of energy, particularly renewables.They also support each other at regional and international multilateral forums such as the United Nations and its bodies, the Asia-Europe Meeting (ASEM), the Association of Southeast Asian Nations (ASEAN), and the European Union (EU).Two-way trade nearly doubled in the past decade from 480 million USD in 2013 to nearly 900 million USD last year. More and more Danish investors are paying attention to seeking cooperation opportunities and expanding business and production in Vietnam. As of December 2022, Denmark had run 155 investment projects worth 1.78 billion USD, ranking 22nd out of the 141 nations and territories pouring capital into the Southeast Asian country.However, there remains an ample room to further develop the bilateral ties, Nghi said, adding that the two sides are working to upgrade their relationship to a new height to create a premise to promote cooperation in many new areas such as green transition, digital transformation, and renewable energy development, which all hold strategic significance for Vietnam's development as well as for the benefit of each country.To soon upgrade the bilateral relations to a green strategic partnership level in the coming time, Ambassador Nghi proposed the two countries continue deepening and consolidating the bilateral political and diplomatic relations, maintaining delegation exchanges, boosting collaboration in economics, trade and investment, with focus on renewable energy, hi-tech agriculture, health, transportation, logistics, digital transformation and innovation.Priority will be given to collaboration in fields related to green growth and sustainable development such as renewable energy development, specifically offshore wind power and the development of human resources and supporting industries in this field.The embassy will exert every effort to serve as a bridge connecting the two countries’ people and businesses, thus contributing to each country’s development and the bilateral comprehensive and strategic relations, added Nghi./.
Source:Viet Nam News
September 19, 2023 03:19 UTC
Vietnam Stock Exchange: all securities companies must connect to the KRX system
HÀ NỘI — The Vietnam Stock Exchange (VNX) is warning that any securities company whose IT system fails to connect to the KRX system will not be eligible to become a member of the VNX. The VNX has just sent an official dispatch to member securities companies about participating in testing and upgrading their IT system to connect with the KRX system. The KRX system is an information technology system for managing and operating transactions on the Vietnamese stock market, signed by HoSE with the South Korea Stock Exchange (KRX) in 2012. This system needs to be able to connect to the KRX system and perform all the functions that are compatible with the KRX when it is put into operation. Due to many reasons, such as the pandemic and the complex nature of the bidding package, the KRX system has not yet run as planned.
Source:Viet Nam News
September 18, 2023 21:45 UTC
Marine shipping stocks benefit from higher freight rates
HÀ NỘI — Stocks of marine shipping companies have seen a breakthrough, buoyed by supportive policies and rising sea freight prices after hitting bottoms. The global sea freight prices have started rebounding from the end of July, showing that the marine shipping industry is gradually escaping the 16-month correction. On the stock market, marine shipping stocks, such as Hải An Transport & Stevedoring JSC (HAH), Gemadept Corporation (GMD), Viconship (VSC), and Vosco (VOS) are actively traded and have jumped in recent trading sessions. Hải An currently has 11 container ships, with a total carrying capacity of nearly 16,000 TEU, accounting for nearly 40 per cent of the container shipping industry in Việt Nam. But by 2024, the output is expected to reach 3.5 million TEU, an increase of 22 per cent.
Source:Viet Nam News
September 18, 2023 20:52 UTC
German businesses interested in Vietnam
According to the article, Vietnam has long been famous for shoes, garment and textile, coffee and pepper. Germany currently has about 350 companies with offices and facilities in the Southeast Asia country. Germany is currently Vietnam’s most important trade partner in the EU while Vietnam is Germany’s largest partner in ASEAN. The article also said that in addition to the economic field, Vietnam is also quite an attractive country for Germany in terms of geopolitics. A lot of countries such as the Republic of Korea and Japan have set up production bases in Vietnam to enjoy economic benefits./.
Source:Viet Nam News
September 18, 2023 18:42 UTC
Share to witness slower gaining momentum this week
HÀ NỘI The market is forecast to witness slower gaining momentum in the near future and explore supply and demand in the area of 1,220 - 1,237 points, before forming a more specific trend. “Liquidity decreased with the star candle, showing that supply is cooling near the support area of 1,220 points. The market is currently expecting the Fed to pause interest rate hikes at its next meeting this week. The market was supported at 1,220 points and recovered slightly thanks to cooling supply. Therefore, investors need to observe supply and demand developments in the exploration area and re-evaluate the market state.
Source:Viet Nam News
September 18, 2023 15:26 UTC
Measures sought to develop Vietnamese community in Japan
A talk show between the Vietnamese Embassy in Japan and organisations, associations. (Photo: VNA)Tokyo (VNA) – The Vietnamese Embassy in Japan on September 16 held a gathering to mark the 78th anniversary of Vietnam's National Day (September 2, 1945 – 2023) and a talk show on measures to further develop the Vietnamese community in Japan. The 500,000-strong overseas Vietnamese community in Japan is also growing and contributes practically to the two countries’ relations, he said. At the talk show with representatives from the Vietnamese community, organisations, and associations in Japan, Hieu called on the Vietnamese associations and organisations to actively promote their role as a bridge connecting overseas Vietnamese people and diplomatic offices. Representatives of Vietnamese organisations and associations in Japan shared information about the situation as well as proposed solutions to improve the quality of life of overseas Vietnamese people in Japan.
Source:Viet Nam News
September 18, 2023 13:57 UTC
Vietnam Socio-economic Forum 2023 seeks ways to create drivers for growth
An overview of the press conference of the Vietnam Socio-Economic Forum 2023 . (Photo: qdnd.vn)Hanoi (VNA) - The Vietnam Socio-Economic Forum 2023 will be held in a hybrid format on September 19 with the participation of 400 delegates as well as domestic and foreign scientists, heard a press conference on September 17. 43/2022/QH15 on fiscal and monetary policies to support the socio-economic recovery and development programme, and other related resolutions, Son noted. The delegates are expected to propose solutions to unlock resources, create driving forces for economic growth and social development, and handle challenges and newly-arising problems. They will clarify priorities on some issues relating to macroeconomic management, economic recovery and socio-economic development of the country.
Source:Viet Nam News
September 18, 2023 11:29 UTC
VIETNAM NEWS HEADLINES SEPTEMBER 18/2023
They expected that the State would introduce more incentives to attract Vietnamese intellectuals back to the fatherland to support national development. Among the country’s national development strategies and sectoral development policies, gender and environment in general, women and environment in particular are one of the cross-cutting issues and important goals. Nguyen Anh Minh, Director of the Vietnam National Fine Arts Museum, said preventive conservation to prolong the lifespan of artifacts and effective artifact management are critically important tasks for every museum. The Vietnamese cultural space in South Africa represented the start of a series of "Vietnam Days Abroad 2023" events. Moving forward, the Vietnam Cultural Space will be held in France and Japan in October and November, respectively.
Source:Viet Nam News
September 18, 2023 10:04 UTC
Airbus reinforces commitment towards a sustainable supply chain
HCM CITY — Airbus, the global aerospace leader, has reinforced its commitment towards a sustainable supply chain in Việt Nam in line with the country’s Net Zero aspirations. Hoàng Tri Mai, Airbus Chief Representative of Việt Nam, unveiled this transformative vision during the Vietnam International Sourcing Expo held in HCM City late last week. We are working towards expanding an already resilient supply chain that adheres to the highest standards of quality, safety, and sustainability," she said. Airbus is a leading supplier in Việt Nam’s aviation sector, with nearly 220 Airbus aircraft currently in the fleets of local carriers and another 110 on order for future delivery. The expansion of Airbus' supply chain in Việt Nam augurs well for the nation's economic development.
Source:Viet Nam News
September 18, 2023 01:19 UTC
Vietnam, China’s Guangxi sign MoU on agricultural cooperation
At the MoU signing ceremony. (Photo: Courtesy of the Ministry of Agriculture and Rural Development)Hanoi (VNA) – The Ministry of Agriculture and Rural Development and the People’s Government of Guangxi Zhuang Autonomous Region of China on September 16 signed a Memorandum of Understanding (MoU) on agricultural cooperation in China’s Nanning city. The two sides will focus on strengthening cooperation in agriculture and rural development, accelerating customs clearance of agro-fishery goods, promoting the development of trade and investment in agricultural and aquatic products, and forming a mechanism to serve businesses and the market. Specifically, they will increase the exchange of and cooperation in modern farming and breeding techiques, while boosting collaboration in researching, carrying out and encouraging the use of agricultural machinery and equipment. Besides, human resources training, and the exchange and cooperation between agricultural universities and related vocational training schools are encouraged.
Source:Viet Nam News
September 17, 2023 15:26 UTC
Starbucks celebrates the 100-store milestone in 10-year journey in Việt Nam
HÀ NỘI — Starbucks Việt Nam celebrated its 10-year journey in Việt Nam with a grand opening of their 100th store in Lotte Mall West Lake in Hà Nội on Saturday. In February 2013, Starbucks marked its footprint in Việt Nam by opening its first store in HCM City. “Over the past 10 years, Starbucks Vietnam has grown from strength to strength, achieving significant milestones that have helped cement our position as a leading brand in the Vietnamese market,” said general manager of Starbucks Vietnam, Patricia Marques. This marks the second such initiative in Việt Nam, following the introduction of Starbucks Reserve™ Vietnam Đà Lạt in 2015, 2017, 2018, and 2020. This shows, despite certain challenges, Việt Nam is still regarded as a "fertile land" for international brands in the F&B sector.
Source:Viet Nam News
September 17, 2023 15:06 UTC
Vietnam, ASEAN countries, RoK discuss educational innovation
Vietnamese delegation at the event. The event themed “Leading the future of education” attracted about 600 educational managers and teachers from ASEAN countries and the RoK. It included a seminar, a session for national reports, and four sessions on supporting teaching and learning through today's digital education development, experience in teaching digital literacy, and empowering collaboration in future classrooms. Head of the Vietnamese delegation An said that they shared experiences, challenges, and opportunities during educational reforms. Within the framework of the event, the Vietnamese delegation also participated in exchange activities, and cultural performances and introduced Vietnamese coffee to international friends./.
Source:Viet Nam News
September 17, 2023 12:23 UTC
VIETNAM NEWS HEADLINES SEPTEMBER 17/2023
Mobilizing social financial resourcesRecently, at the conference summarizing the 2022-2023 school year and implementing tasks for the 2023-2024 school year, Director of Ho Chi Minh City Department of Education and Training Nguyen Van Hieu said that every year, Ho Chi Minh City sees an increase of 20,000-30,000 students. Over recent years, the Central Highlands localities have organised conferences to promote tourism linkages with major cities such as Hanoi and Ho Chi Minh City. Some 300,000 foreigners visit the nation annually, with 40% of them seeking treatment in HCM City. Alongside, the event also displays many publications on the life, career and the morality, thought and lifestyle of President Ho Chi Minh. ASEAN Book Publishers Association's members boost cooperationThe annual meeting of the Executive Committee of the ASEAN Book Publishers Association (ABPA) kicked off in Ho Chi Minh City on September 15.
Source:Viet Nam News
September 17, 2023 10:03 UTC
LEGO plants 50K trees at its factory in Binh Duong of Vietnam
The Danish toy company, LEGO, recently celebrated its planting of 50,000 trees at its factory in Binh Duong province, Vietnam. The factory which has been under construction since November last year has made significant progress. It is the first carbon-neutral plant of the company, using electricity from the rooftop solar cell panels and the nearby solar farm. Currently, there are more than 2,000 construction workers building the plant and the number would double by the end of 2023, according to the Vietnam News. The LEGO factory in Binh Duong is expected to be ready to operate in the second half of 2024.
Source:Viet Nam News
September 17, 2023 09:54 UTC
Ninth Global Conference of Young Parliamentarians adopts statement
The following is the full statementCONFERENCE STATEMENTOn “The role of youth in accelerating the achievement of the SDGs through digital transformation and innovation” at the Ninth IPU Global Conference of Young Parliamentarians in 14 – 17 September 2023 in Hà Nội, Việt NamWe, over 200 young parliamentarians, came together at the Ninth Global Conference of Young Parliamentarians in 14 – 17 September 2023 in Hà Nội, Việt Nam to affirm our commitment to accelerating the achievement of the SDGs, especially through digital transformation and innovation. As we pass the mid-way point of 2030 Agenda for Sustainable Development (2030 Agenda), we are at a momentous and critical juncture. Young women remain worse off than young men, being roughly two-thirds as likely to be employed. Our world is characterised by the rapid growth in technology, digital transformation, and innovation. At the same time, our pursuit of digital transformation and innovation should not push us towards global homogeneity.
Source:Viet Nam News
September 17, 2023 09:35 UTC