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At the event (Photo: VNA) HCM City (VNA) – About 200 Vietnamese and Indian enterprises in the pharmaceutical and medical field participated in a networking event in Ho Chi Minh City on July 5, together exploring their ‘golden’ cooperation and investment opportunities in the post-pandemic period. The annual conference was co-organised by the Vietnam Chamber of Commerce and Industry's Branch in Ho Chi Minh City ( VCCI-HCM ) and the Pharmaceuticals Export Promotion Council of India ( Pharmexcil ). As heard at the function, businesses of the sides are looking for joint pharmaceutical partnerships, particularly in COVID-19 vaccine production. In the medical area, outstanding Indian projects in Vietnam include a 500-million-USD pharmaceutical industrial park in Thanh Hoa province and an international pharmaceutical park worth 10-12 billion USD in Hai Duong province. Recently, Vietnam revised regulations and Indian businesses meeting the quality requirements are … [Read more...] about 200 Vietnamese, Indian medical firms join annual networking event

Increasing the sharing of hydrological and meteorological data and operations of hydroelectric dams remains one of key issues proposed by Vietnam. Vietnam said the Mekong-Lancang Cooperation must be substantive with the coincidence of economic growth and sustainable development. Vietnam's Foreign Minister Bui Thanh Son at the meeting. Photos: Baoquocte Vietnamese Foreign Minister Bui Thanh Son made the statement at the 7th Lancang-Mekong Cooperation (LMC) Foreign Ministers’ Meeting held on July 4 in Bagan, Myanmar in the attendance of his counterparts from Cambodia, China, Laos, Myanmar, and Thailand. To support the common goal, Son suggested four issues including prioritizing economic recovery and resilience with a focus on customs cooperation and smooth trade transactions; supporting regional members in climate adaptation and energy transition; further cooperation in water resources management and use  by speeding up the building of an action plan on MLC … [Read more...] about Vietnam urges sustainable development for Mekong-Lancang Cooperation

Hundreds of international and Vietnamese artists will perform at the ASEAN Plus 2022 Police Music Festival at the walking space of Hoan Kiem Lake in Hanoi. Major General Nguyen Ngoc Thanh, deputy commander of the Mobile Police Force - Ministry of Public Security, said that the ASEAN Plus 2022 Police Music Festival will take place on July 9 and 10. The music festival is a good chance for the Vietnamese police force to demonstrate the police officer’s virtues of friendship, humanity and devotion to the people. Photo: bocongan.gov.vn “This is the largest scale ever music program organized by the Ministry of Public Security. The program aims to strengthen cultural and musical exchanges among Vietnamese People’s Police force and those from ASEAN and invited countries, improve understanding of the country and Vietnamese people as well as introduce the Vietnamese Police Force to international friends,” he said. The music festival will see the participation of … [Read more...] about Hanoi: ASEAN Plus 2022 Police Music Festival takes place this weekend

Delegates at the press briefing to kick off the 8th International Livestock, Dairy, Meat Processing and Aquaculture Exposition in HCM City on June 30. — VNS Photo The 8th International Livestock, Dairy, Meat Processing and Aquaculture Exposition will be held next month in HCM Ciity to help firms in restore and enhance business connections, and update market information and new technologies after nearly three years of interruptions due to the COVID-19 pandemic. ILDEX Vietnam 2022 is expected to attract more than 200 exhibitors from 25 countries and territories, including Austria, Belgium, Canada, China, Czech Republic, Denmark, France, Germany, Italy, Japan, Korea, Netherlands, Thailand, the US, and UK. A series of activities will be organised during the three days of the exhibition, including workshops that will provide knowledge, solutions and strategies to help businesses grow and thrive,a direct business matching programme, a Potential Buyer Programme (VIP Buyer), and many … [Read more...] about Over 200 exhibitors to join international livestock, aquaculture expo

Bosch's leaders visited kitchen and batch equipment distributor Luxhome Coin Viet Nam in March, 2022. — Photo ctluxhome.vn European business stakeholders' confidence in Viet Nam's investment environment declined slightly in the second quarter of this year, according to the Business Climate Index (BCI) released by the European Chamber of Commerce in Viet Nam (EuroCham) on Monday. Following a first-quarter rise, the BCI dropped 4.4 points in the second quarter to 68.8 points. In contrast with earlier in the year, compounding factors such as the continuing conflict in Ukraine, commodity price spikes, and the ripple effect of China's zero-COVID policy have dampened expectations among Viet Nam's European business community. Viet Nam's potential growth is also being viewed with less favour by European business leaders. Up to 60 per cent of respondents predicted that the Vietnamese economy would stabilise or improve in the third quarter of 2022, compared with 69 per cent who held this … [Read more...] about European stakeholders’ confidence in Viet Nam’s business environment declines slightly: EuroCham

A facility of Petrovietnam Gas Joint Stock Corporation (PV GAS). PV GAS posted after-tax profit of nearly VND7 trillion (US$300 million) in the first six months of 2022. — VNA/VNS Photo Petrovietnam Gas Joint Stock Corporation (PV GAS) posted after-tax profit of nearly VND7 trillion (US$300 million) in the first six months of 2022, up 87 per cent compared to the target and 59 per cent year-on-year. Its before-tax profit reached over VND8.67 trillion (over $371.3 million) in the January - June period, up 87 per cent and 56 per cent, respectively. The firm produced and supplied over 1 million tonnes of liquefied petroleum gas (LPG) in the first two quarters of 2022, surpassing 23 per cent of the plan and equal to 99 per cent of that in the same period last year, accounting for about 70 per cent of the wholesale market share of the country. It also produced and supplied 56,800 tonnes of condensate, up 67 per cent compared to the plan and 85 per cent against the same period in … [Read more...] about PV GAS’ after-tax profit hits nearly $300 million in 6 months