Broad based investment and trade agreement

This conference aims to comprehensively assess the results attained by the Government in implementing the 11th Politburo’s Resolution No. 22-NQ/TW dated April 10, 2013 on international integration, and the 12th Party Central Committee’s Resolution No. 06-NQ/TW dated November 5, 2016  on effectively implementing the process of international integration and maintaining socio-political stability in the context of Vietnam’s participation in new-generation free trade agreements,” with a focus on the period of 2014-2019. The conference will also draw lessons and propose appropriate measures to strengthen international integration in the coming time. Deputy Foreign Minister Bui Thanh Son granted reporter of the People’s Army Newspaper on the outcomes of the country’s international integration in recent years, with a focus on the defense and security fields. Reporter: What political, defense and security outcomes do you think the international … [Read more...] about International integration contributes to national defense and security

Thai Prime Minister Prayut Chan-o-cha In his speech delivered at the CLMVT forum in Bangkok on June 24, the PM said despite the CLMVT region becoming a main player in the global value chain, the region faces threats from rapid technological development and geopolitics. These new technologies will render the existing production network, he said. According to Prayut, contract manufacturing and production will slowly decline as new production networks in different regions, which embrace the modern value chain, take their place. In terms of geopolitical threats, countries in the region must have effective risk management in place to cope with the changes in the global market, he added. The sectors most vulnerable to disruption are agribusinesses, textiles, automobile, and electronics, all traditional strengths of the CLMVT region, he said, adding the service industry within the CLMVT region will also be affected by these trends. He urged the governments to work together to support … [Read more...] about Thailand calls for regional countries’ modernization to increase competitiveness

Bat Trang village’s ceramic products Vietnam has some 5,400 craft villages, spanning many different crafts, such as lacquer, ceramics, gold, silver, embroidery, bamboo, rattan, weaving, paper, folk paintings, wood, and stone. Their handicraft products are diverse in design and quality. Van Phuc silk, Bat Trang pottery, and Dong Xam silver carving have been recognized as national brands. Dam Tien Thang, Deputy Director of the Hanoi Department of Industry and Trade, said that despite their economic value, the potential of traditional craft villages hasn’t been fully tapped. He said “Hanoi craft villages’ annual production is estimated to be nearly 1 billion USD and annual export turnover is approximately 200 million USD a year. So far this year Hanoi has earned about 160 million USD.” No agency or organization is responsible for buying all the products made by traditional craft villages. The villages’ brand registration and product designs … [Read more...] about Vietnam’s traditional crafts promoted as national image

Young Seung-Chang, director of Seoul Business Agency (SBA), introduces the Seoul Made brand to the media in HCM City on Thursday. — VNS Photo Thu Ngan The first Seoul Made store selling cosmetic and lifestyle products made by small and medium-sized enterprises in the South Korean capital will open in Viet Nam at the beginning of next year, Young Seung-Chang, director of the Seoul Business Agency (SBA), said. The first store, spread over 2,500sq.m, will come up at Vincom Mega Mall in Ha Noi. The Seoul Business Agency (SBA) said Seoul Made is expected to become one of the hottest spaces in Ha Noi. According to Young, there will be further works with local authorities to expand the network in Viet Nam by opening more stores in big cities, including HCM City. Seoul Made is a new brand in Viet Nam, launched in HCM City during the 20019 Vietnam Expo from December 4 to 7 to develop trade and cultural relationships between Viet Nam and South Korea. Young told bizhub.vn that the SBA has … [Read more...] about First Seoul Made store to open early next year