British enterprises

An intelligent operation center (IOC) of Binh Phuoc province. IOC is an important solution to promote the development of e-Government in the national digital transformation process. Vietnam expects to receive support from the UK in the country's digital transformation. (Photo courtesy of VNPT) Hanoi (VNS/VNA) - The UK – Vietnam Free Trade Agreement (UKVFTA) is opening significant opportunities for enterprises from both sides to enhance cooperation in green energy transition and digital transformation as the Southeast Asian country strives to achieve net zero emissions by 2050 and embrace new drivers for economic growth. Vietnam was making strong efforts towards the goal of becoming a high-income country by 2045, to which digital transformation and energy transition are considered launch pads for the economy. During a visit to the UK from August 10 to 15, Politburo member and Head of the Party Central Committee’s Economic Commission Tran Tuan Anh said that Vietnam had set … [Read more...] about UKVFTA promotes cooperation in digital transformation, energy transition

Vinamilk brand in top of most valuable global brands According to the annual report of the ‘Food and beverage’ industry of Brand Finance 2022, the Vinamilk brand has been valued at $2.8 billion, an impressive increase of 18 percent compared to 2021, and ranked in many major rankings in brand value. For this year's report, the UK’s Brand Finance has assessed more than 5,000 brands in 29 industries in 39 countries. With an integrated measurement method from many factors and indicators such as brand impact, brand health, and reputation, brand investment, combined with financial and market survey, the annual 'Food and beverage' report published by Brand Finance has helped provide brand health assessments transparently and fairly. In the field of ‘Food and beverage’, this year Vinamilk continues to “set a new record” when increasing its brand value by 18 percent, reaching US$2.8 billion, rising to the position of a potential brand. in the global dairy industry. This is also a … [Read more...] about Vinamilk brand in top of most valuable global brands

Travel businesses and  banks sign loan contracts with a preferential interest rate. The event attracted 18 banks and more than 100 tourist companies that discussed about policies for supporting businesses affected by Covid-19. It was a chance for banks to join hands with the municipal government to implement recovery solutions to resume economic, tourism, and service activities under guidance on "Safe adaptation, flexibility, and effective control of the Covid-19 pandemic”. Deputy Director of the HCMC Department of Tourism Bui Thi Ngoc Hieu said that after five months of the reopening of tourism in the new normal state, the country’s tourism has gained important achievements. However, the sector is still facing difficulties in approaching loan capital, especially travel firms. The Tourism Department of HCMC has proposed commercial banks consider flexible and diversified loaning mechanisms, unsecured loans based on tourism businesses’ efficient operations; cooperation for … [Read more...] about Pandemic-hit travel firms enjoy loans with preferential interest rates

The People's Court of Binh Thuan Province gives sentences to nine accused related to the largest petroleum smuggling case in Binh Thuan Province. (Photo: SGGP) After five days of trial, the People's Court of Binh Thuan Province, on the afternoon of August 19, gave sentences to nine accused related to the largest petroleum smuggling case in Binh Thuan Province, with a total value of more than VND2.03 trillion from Singapore to Vietnam. Of these, the accused Luyen Xuan Trang, 49, a resident in Hung Yen Province, considered the leader of the largest petroleum smuggling ring in Binh Thuan Province, worth more than VND2.03 trillion, was given a 14-year jail sentence for smuggling. Eight other people were sentenced for consuming property acquired through the commission of the crime by other persons, including Trinh Dinh Thanh with five years in prison, and Tran Van Son with two years in prison. The accused Nguyen Thanh Trang, Le Hong Son, and Do Minh Thu received three years of … [Read more...] about Leader of petroleum smuggling ring receives 14-year jail sentence

It was part of the announcement made by the Government Office on August 19 about the Prime Minister’s conclusions on his working session with the RoK Embassy and Korean enterprises in Vietnam. The announcement stated that after hearing opinions from the Korean Ambassador to Vietnam, representatives of Korean firms in Vietnam and leaders of ministries, agencies and localities, as well as suggestions by the RoK Embassy and Korean firms in Vietnam, the PM assigned ministries, agencies and localities to promptly deal with difficulties and problems that could be solved immediately under their authority. For complex and unsolved issues, they must promptly outline orientations in the spirit of harmonizing interests and sharing difficulties and submit them to the Ministry of Planning and Investment (MPI) before August 30 to report to the PM. The MPI will collect suggestions to send to ministries, agencies and localities, and at the same time, regularly update and report the settlement of … [Read more...] about PM directs export growth plan to RoK

Associate Professor, Doctor Dao Xuan Co, Director of Bach Mai Hospital, said one of the reasons for this is the COVID-19 pandemic, affecting the drug supply of enterprises. Many businesses do not have drugs and medical supplies to participate in the bidding or witness poor revenue due to low prices, he reported to the Ministry of Health's inspection team on August 16. In 2022, there were 77 out of 1,690 drugs that contractors failed to supply in sufficient quantities under the orders, affecting the hospital's stock of drugs while waiting for the bidding results, Co said. The hospital also recommended the Government and the Ministry of Health issue policies and accelerate the implementation of national and local centralized bidding. Centralized bidding will increase competitiveness with lower prices, reduce manpower, time and costs of organizing the bidding at hospitals as well as better handle problems in the bidding process. On August 16, the inspection team of the Ministry … [Read more...] about Centralized bidding should be implemented to solve drugs and medical supplies shortage