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Visitors at the last edition of the Vietnam International Premium Products Fair. This year the fair will be held from June 2 to 5 at the Saigon Exhibition and Convention Centre. — Photo courtesy of Coex Vietnam HCM CITY — The Việt Nam International Premium Products Fair will be held again in HCM City after being delayed due to the COVID-19 pandemic. VIPREMIUM 2022 returns from June 2 to 5 with a mission of connecting domestic and foreign businesses in the beauty - fashion, premium food and beverages, gift and houseware, smart devices, healthy and eco-friendly items, stationery, and office items industries, according to the organisers. To be held at the Saigon Exhibition and Convention Centre, the fair will have 350 booths set up by 250 companies, and is expected to welcome 10,000 buyers and visitors. Among its highlights will be the Korea Sourcing Fair with brands from across Korea and premium consumer products. Seminars will be hosted on the sidelines by experts on various … [Read more...] about Vietnam International Premium Products Fair attracts over 250 exhibitors

At a Saturday conference in Harvard University on Vietnam's development strategy in the 21st century, Prime Minister Pham Minh Chinh said Vietnam's economy has expanded into the fourth largest economy in ASEAN and among the world's top 12 economies with the largest scale of commerce. The country also takes part in 15 active FTAs, he said. Economist David Dapic said Vietnam taking part in FTAs was a major success. Millions of farmers have moved on to work in factories as a result. But the fact that most materials for production are imported from China is a weakness, he added. When the Covid-19 pandemic broke out, borders were closed and there was commercial tension, Vietnam's exports were affected, Dapic said. Vietnam's trade turnover with the U.S. may reach $100 billion this year. Such a figure might be small for the U.S., but Vietnam should take note to remain in constant communication and avoid being accused of currency manipulation, he advised. Nguyen Thi Hong, head of the … [Read more...] about Avoid unworthwhile investments, try estate taxes, Vietnam advised

He was speaking during a meeting with the US business community in Washington DC on May 12 (US time), as part of the Vietnamese leader’s trip to the US. The meeting was held by the US-ASEAN Business Council and the US Chamber of Commerce. PM Chinh affirmed that Vietnam always considers the US as a leading, important partner. He said the impressive growth of bilateral trade of between 17-20 per cent a year proves that there remains ample room for economic development between the two countries. Prime Minister Pham Minh Chinh meets US investors and business leaders in Washington DC on May 12 (US time) — VNA/VNS Photo Vietnam is the ninth largest trading partner of the US. Two-way trade turnover between the two countries in 2021 reached nearly US$112 billion in spite of difficulties caused by the COVID-19 pandemic, the PM said. PM Chinh added that Vietnam is focusing on technology renovation, digital transformation and diversification of the supply chain. The … [Read more...] about PM Chinh meets US business community

The latest decision is expected to boost the traveling of visitors to Vietnam in the context that the country's Covid-19 infections have dropped to a 10-month low. Vietnam has removed the pre-entry Covid-19 testing requirements for all arrivals, starting today [May 15], according to a recent government’s instruction. It comes as the numbers of Covid-19 infections and deaths drop both in Vietnam and around the world. Vietnam has reported no Covid-19 related deaths over the past week while infections fell to a 10-month low of around 1,800 cases per day. In an official document issued this weekend, Prime Minister Pham Minh Chinh cited a World Health Organization (WHO)’s report that the pandemic has tended to subside worldwide, shown by the reducing number of new contractions and fatalities, and that the vaccines are still effective against variants of the novel coronavirus. In such context, many countries have been taking steps to ease Covid-19 restrictions, including removing … [Read more...] about Visitors to Vietnam no longer required Covid-19 testing

Prime Minister Pham Minh Chinh (first on the right, front row) visits Omni Parker House Hotel in Boston, the capital of Massachusetts where late President Ho Chi Minh used to work from 1911 to 1913. (Photo: VNA) Boston (VNA) – Prime Minister Pham Minh Chinh and his delegation visited Omni Parker House Hotel where late President Ho Chi Minh used to work in Boston, the capital of Massachusetts, on May 14 (local time) as part of his working trip to the US. us period which was hung at the hotel, with words saying that Ho Chi Minh used to work as pastry chef of Parker from 1911 to 1913. VNA … [Read more...] about PM visits hotel where President Ho Chi Minh used to work in Boston

At the event, the Vietnamese PM congratulated Laos on the positive results in the country’s fight against COVID-19 and reopening, and highly valued the two countries’ sound cooperation in the bilateral framework as well as at regional and international forums. The Lao PM spoke highly of Vietnam’s important achievements in the recent time, especially in bringing the COVID-19 pandemic under control and promptly reopening its borders for socio-economic recovery and development, and thanked Vietnam for cooperation and support for Laos over the years. The two PMs rejoiced at the stable development of the Vietnam-Laos great friendship, special solidarity and comprehensive cooperation. Since the start of 2022, the countries have exchanged delegations at all levels, notably an official visit to Vietnam by the Lao PM in January. They have collaborated in effective implementing high-level agreements and those adopted at the 44th meeting of the Inter-Governmental Committee chaired by the … [Read more...] about Prime Minister Pham Minh Chinh meets Lao counterpart in U.S.