DOC requested to conduct anti-subsidy probe into Vietnam’s frozen warmwater shrimp
HÀ NỘI — The US Department of Commerce (DOC) has received a request for anti-dumping and anti-subsidy investigations on frozen warmwater shrimp imported from a number of countries, including Việt Nam, according to the Trade Remedies Authority of Việt Nam under the Ministry of Industry and Trade (MoIT). The DOC was asked to investigate frozen warmwater shrimp products with codes HS 0306.17, 1605.21 and 1605.29 imported from Ecuador, India, Indonesia and Việt Nam. Việt Nam is included in the list as Vietnamese shrimp products have been subject to anti-dumping taxes by the US since 2004, said the authority. The authority said that the plaintiff requested the DOC to initiate an anti-subsidy investigation on both frozen and fresh shrimp from Việt Nam and alleged that subsidies for fresh shrimp suppliers are considered subsidies for frozen shrimp producers and exporters as fresh raw shrimp accounts for a large proportion of up to 95 per cent of the value of frozen warmwater shrimp of Việt Nam. The DOC is expected to announce its decision to whether initiate the investigation or not on November 14.
Source:Viet Nam News
November 09, 2023 08:59 UTC
Viet Nam News hosts seminar on ESG practices
Business Vietnam treasures relations with Russia: PM Prime Minister Pham Minh Chinh on November 9 affirmed that Vietnam always treasures its relations with Russia and remembers the wholeheartedly support the country has given to Vietnam during its national protection, construction and development. Business Mekong Connect Forum to run in HCM City in mid-November The Mekong Connect 2023 Forum will take place in Ho Chi Minh City on November 15 and 16, highlighting the connection of supply and value chains between the city and 13 Mekong Delta localities towards a green and sustainable economy. Business Italian firms promote packaging products, technologies in Vietnam Products of leading Italian firms in the packing production, processing and packaging sector are being introduced at the 16th International Processing and Packaging Exhibition and Conference for Vietnam (ProPak Vietnam 2023), which is taking place in Ho Chi Minh City from November 8-10.Business Carbon mechanism prompts exporters to green up: Experts The European Union (EU)’ Carbon Border Adjustment Mechanism (CBAM) is a challenge for many sectors of Vietnam but also a motivation for businesses to speed up green transition to meet sustainable production standards, heard a conference in Ho Chi Minh City on November 8.
Source:Viet Nam News
November 09, 2023 08:23 UTC
VIETNAM NEWS HEADLINES NOVEMBER 8/2023
Gaerte unveiled the information at a working session with the Sports Authority of Vietnam in Hanoi on November 7. iLead leadership values education programme is a cooperation programme between Shinhan Life Insurance Vietnam Limited Liability Company, BNJ Vietnam Company Limited (BNJ) and SOS Children's Village Vietnam. Shinhan Life Vietnam and BNJ Vietnam also awarded the children certificates of merit as a special recognition and encouragement, encouraging their efforts and self-improvement in their journey to adulthood. Waste recycling activities not live up to public expectationsThe hierarchy gives top priority to recycling, and other types of recovery in environmental management policy in Vietnam. Chairman of the Vietnam Waste Recycling Association Tran Viet Anh also said that it is estimated that Vietnam generates about 64,000 tons of household solid waste every day and this number of household solid waste is constantly increasing over the years.
Source:Viet Nam News
November 09, 2023 01:09 UTC
Vietnam sends over 132,000 laborers abroad in 10 months
The figure surpassed the target set for the year by 20%. Among the workers sent abroad in the period, some 44,700 were female, accounting for nearly 30%. Japan remained the top destination of Vietnamese guest workers with 67,500, followed by Taiwan (China), with more than 50,960, the Republic of Korea with approximately 6,000, and China with nearly 1,700. According to statistics from enterprises, about 21,100 laborers were sent abroad in October alone. Previously, the Ministry of Labor, Invalids and Social Affairs has issued a decree regulating economic, and technical norms on foreign language training, for Vietnamese laborers working abroad under contracts./.
Source:Viet Nam News
November 08, 2023 18:17 UTC
Vietnam News Agency, Yonhap forge information cooperation
– A delegation of the Vietnam News Agency (VNA) led by General Director Vu Viet Trang is on a working visit to the Republic of Korea (RoK) from November 7-10 at the invitation of President and CEO of the RoK’s Yonhap News Agency Seong Ghi-hong.While in Seoul, Trang met with RoK Minister of Foreign Affairs Park Jin on November 8, who stressed that Vietnam and the RoK elevated their relationship to a comprehensive strategic partnership in December 2022, and expressed his hope for stronger cooperation in the coming time.The minister highly valued close collaboration between the VNA and Yonhap, saying he hopes that the news agencies will play a more active role in promoting the Vietnam-RoK cooperation. VNA General Director Vu Viet Trang (L) and President and CEO of the RoK’s Yonhap News Agency Seong Ghi-hong exchange souvenirs. (Photo: VNA)Trang briefed the minister on the VNA’s role and functions, and emphasised the effectiveness of the long-term, comprehensive cooperation between the two news agencies.Information exchanges as well as the diverse forms of cooperation between the two news agencies have contributed to bringing information to the public in a timely manner, she said.The same day, Trang and Seong held talks, during which the Yonhap leader affirmed that cooperation with the VNA is at the highest point in the Korean news agency’s foreign relations with more than 100 news agencies and newspapers across the world.For her part, Trang reviewed cooperation between the two news agencies over the past nearly 30 years, saying the relationship has grown constantly and been maintained at both bilateral and multilateral forums.In the new situation, the two news agencies should put forth appropriate orientations to meet their own development requirements and tasks while contributing to enhancing the comprehensive strategic partnership between Vietnam and the RoK, she said.Trang said that the VNA is pushing ahead with digital transformation in information production and dissemination. Meanwhile, Yonhap is one of the pioneering news agencies in digital transformation and information product restructuring.Therefore, the VNA hopes that Yonhap will share information about its model, organisational structure, and competitive information products, she continued, noting Yonhap's development experience will be very useful to the VNA's digital transformation.The two sides agreed to step up information exchange to raise mutual understanding between the two countries' people, and coordinate to quickly and promptly provide information of public concern, contributing to guiding public opinion and refuting fake news.
Source:Viet Nam News
November 08, 2023 12:24 UTC
Vietnam on fastest pace for digital economic growth in region
According to a recent report released by Google, Temasek and Bain & Company, Vietnam is set to post a 31% growth in gross merchandise value from 23 billion USD in 2022 to 49 billion USD in 2025. VNAThe six major economies covered in the report, namely Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam, will achieve the milestone of 200 billion USD by 2025, three years earlier than scheduled.Vietnam ranks first in the group of six leading digital economies in Southeast Asia in terms of growth rate in 2022, of which its e-commerce has the highest growth rate in the region.Experts believe that despite existing difficulties in the world and region, Vietnam’s gross merchandise value will reach 50 billion USD in 2025./.
Source:Viet Nam News
November 07, 2023 20:55 UTC
Salary reform: expectations and concerns
The new salary regime is part of a bigger plan for comprehensive salary reform being drafted by the Government in accordance with Resolution No. Economically, salary reform will create the driving force for economic growth. This will help improve the quality and professionalism of the workforce, and reduce the number of incompetent public servants. Reasonable restructuring will help create more resources to carry out wage reform. However, this sum is just enough for a short period while the wage reform is meant to last long.
Source:Viet Nam News
November 07, 2023 14:13 UTC
US launches anti-dumping investigation of aluminum products from Việt Nam
HCM CITY — The US Department of Commerce (DOC) has launched an anti-dumping investigation on aluminum extrusions and products made from aluminum from 15 countries, including Việt Nam. Việt Nam accounted for approximately 7.6 per cent of total exports to the US in 2022, making it the fourth highest exporting country. The petitioners have identified around 14 Vietnamese companies believed to have dumped aluminum products into the US market. Currently, the US still considers Việt Nam a non-market economy. The Việt Nam Trade Remedies Authority advises companies to update information and submit documents through the DOC’s online portal https://access.trade.gov/login.aspx.
Source:Viet Nam News
November 07, 2023 13:18 UTC
Vietnam joins Defence & Security 2023 show in Thailand
At the opening ceremony (Photo: VNA)Bangkok (VNA) – A Vietnamese delegation led by Deputy Chief of the General Staff of the Vietnam People's Army Sen. Lieut. Gen Phung Si Tan attended the Defence & Security 2023 show that opened in Thailand on November 6, with over 500 leading defence manufacturers from 45 countries globally taking part. Under the auspices of the Thai Ministry of Defence, the show is held biennially over the past two decades as a premier regional security and defence event in Southeast Asia. Running from November 6-9, the exhibition features a wide range of military products catering to combat solutions for land, sea, and air forces. Defence and security equipment on display include weapon systems, firearms, missiles, tanks, UAVs, transport and naval vessels, satellite and communications technologies, electronic defence technology, artillery control systems, launchers and other crucial military systems, both hardware and software.
Source:Viet Nam News
November 06, 2023 20:00 UTC
Việt Nam attends 6th China International Import Expo
SHANGHAI — A Vietnamese delegation led by Deputy Prime Minister Trần Hồng Hà is attending the 6th China International Import Expo (CIIE) that kicked off in Shanghai, China on November 5. The expo attracts more than 150 countries and territories and international organisations worldwide, with a total area of 300,000sq.m. He suggested carrying forward existing cooperation mechanisms, especially those between Shanghai and HCM City and some other localities in Việt Nam such as Hà Nội and Hải Phòng. He also proposed enhancing the sharing of experience in urban development and management, innovation, investment attraction, and monetary financing. Both officials noted his hope for more cultural exchanges as well as exchanges between residents of the two countries, especially young generations.
Source:Viet Nam News
November 05, 2023 16:14 UTC
VIETNAM NEWS HEADLINES NOVEMBER 5/2023
A lack of systematic and sustainable cooperation has led to monotonous and overlapping tourism products, with limited competitiveness. This plan will also include new initiatives in areas of mutual interest, such as sustainable development, climate, and maritime solutions, he said. The event was jointly held by the Vietnam National Committee on the Man and the Biosphere Programme (MAB Vietnam) and the NBCA, with the support of UNDP Vietnam. She said that the ministry has been working on establishing policies and myriad legal frameworks to further strengthen the management of biosphere reserves in Vietnam. Up to date, Vietnam is home to 11 biosphere reserves, second only to Indonesia in the number of biosphere reserves in Southeast Asia.
Source:Viet Nam News
November 05, 2023 15:04 UTC
Vietnamese to enjoy one-week Tet holiday in 2024
People go to Vinh Nghiem pagoda in Ho Chi Minh City on the first day of the Lunar New Year in 2023. (Photo: VNA)- The Tet (Lunar New Year) holiday will last seven days from February 8 to 14, 2024, per an official document approved by Prime Minister Pham Minh Chinh.The decision was made at the proposal of the Ministry of Labour, Invalids and Social Affairs.The Lunar New Year festival or Tet is the largest Vietnamese traditional celebration and has been since ancient times. It is not only a spiritual event that marks the change from one year to the next, but it also embodies the national culture of the country by reflecting the values and beliefs of Vietnamese people.Vietnamese people believe that Tet marks the beginning of a new year, a day of hope and belief in new and good things and a farewell to the old./.
Source:Viet Nam News
November 05, 2023 14:38 UTC
True Vietnamese cuisine from fresh local ingredients
By Hamy NguyễnI have always thought that quality ingredients are the foundation of any decent dish, so was eager to experience Lamai, an upscale restaurant that only uses Vietnamese ingredients. Vietnamese ingredients are incredibly delicious, but it can be difficult to guarantee quality. Indeed, Lamai restaurant might be the only upscale eatery to have made such a bold decision. I decided to have set menu B (VNĐ1,500,000), which is the most expensive and has more courses than the winter set menu I had previously eaten. While the 20-item set menu is incredibly inventive, it will also force people to make comparisons.
Source:Viet Nam News
November 05, 2023 08:10 UTC
'Killers of the Flower Moon' reflects greed of the powerful
The guardian would always be a white man, which is a cause for concern in itself. The book dug deep into the ring’s crime, its mastermind and the 24 murders of the Osage that were never investigated. Tale of murderThe cinematic adaptation of the book turns the plot into a love story of greed and murder. The white man courted her, at the order of his uncle, who was also the ring leader and staged the murders of her sisters, and killed her mother. It reflects a truth that's hard to swallow: no matter how much people talk about gender equality, white superiority, so closely associated with greed, eats up everything around it.
Source:Viet Nam News
November 05, 2023 08:10 UTC
UKVFTA fosters prosperity, sustainability for both nations: envoy
In the three years since its signing, the United Kingdom – Vietnam Free Trade Agreement (UKVFTA) has benefited both Vietnamese and British businesses. What impact has the UKVFTA had on Việt Nam and the UK? I was thrilled when the UK and Việt Nam finalised negotiations on the UKVFTA in 2020, marking a significant milestone in our nations' economic and trade relations. The UKVFTA stands as a testament to the power of diplomatic collaboration, fostering prosperity and sustainable development for both nations. This is excellent to see - it provides consumers in the UK with increased choice and also supports prosperity here in Việt Nam.
Source:Viet Nam News
November 05, 2023 07:39 UTC