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Vietnam-UK target US$10-billion trade turnover by 2023

June 30, 2022 by hanoitimes.vn

UK trade minister Anne-Marie Trevelyan said the country wants to be a part of Vietnam’s development story in the 21st century, and fostering bilateral trade relations is among its priorities. Vietnam and the UK should set a trade turnover target of over US$10 billion by 2023, which would be a meaningful step to mark the 50 th anniversary of Vietnam-UK diplomatic relations next year. Chairman of the National Assembly Vuong Dinh Hue (mid) at the forum. Source: VNA Deputy Prime Minister Le Van Thanh gave the remarks at the Vietnam-UK High-level Forum on Economy and Trade held on June 29. The event is one of the highlights of a visit to the UK by the high-ranking delegation from the National Assembly of Vietnam led by Chairman Vuong Dinh Hue from June 28-30. According to Thanh, the Vietnam-UK strategic partnership has progressed strongly over the years and contributed to socio-economic development in each country. Thanh expected the partnership would … [Read more...] about Vietnam-UK target US$10-billion trade turnover by 2023

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NA Chairman Vuong Dinh Hue meets with Prudential’s leaders during UK visit

June 30, 2022 by vir.com.vn

NA Chairman Vuong Dinh Hue met with Prudential’s leaders, led by chairwoman Shriti Vadera, Mark FitzPatrick, Interim Group CEO, and Phuong Tien Minh, CEO of Prudential Vietnam, during his official visit to the UK. Source: VNA/VNS Photo: Doan Tan Prudential has put its focus on building a resilient business to provide the best services to customers. Insurers like Prudential play an important role in developing innovative savings and protection products to meet Vietnam’s evolving needs while strengthening and deepening its capital markets and harnessing new technology to increase financial inclusion. Shriti Vadera, chair of Prudential said, “The world still faces significant economic headwinds, but we are optimistic about the year ahead – and I know the same is true of the Vietnamese economy, with the very robust 5-per-cent growth figures for the first quarter of 2022, given the wider conditions." Talking to Prudential chairwoman Vadera, the NA0 leader congratulated the firm on … [Read more...] about NA Chairman Vuong Dinh Hue meets with Prudential’s leaders during UK visit

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Hundreds of businesses to receive support from USAID IPSC Project

June 30, 2022 by vir.com.vn

On June 30, the project started to revise and select eligible and qualified businesses to receive support packages for the second intake of 2022, running from April 1 to June 30. The USAID IPSC, with a total budget of $36 million, is currently Vietnam's largest private-sector technical assistance project funded by the United States Agency for International Development (USAID). The project aims to support businesses to overcome the pandemic, improve their capacity in governance, technology, financial access, innovation, and market access, and promote a favourable business investment environment. USAID IPSC targets to support 5,000 small and growing businesses. USAID IPSC officially launched and opened registration on January 18. The applicants go through selection processes (the first in April, the second in July, and the third in November), to receive support packages. In 2022, USAID IPSC offers six different support packages for businesses based on overall project … [Read more...] about Hundreds of businesses to receive support from USAID IPSC Project

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Dhawa Ho Tram Hotel topped out on schedule

June 30, 2022 by vir.com.vn

The investor Madison Land shared that the project topped out on schedule and delivered the committed construction quality by the contractors: Dong Duong Construction Investment JSC, Viteccons Construction Investment JSC, and a private unit project management Synergy Consultancy Corporation. The project is sponsored by leading state lender Vietinbank. Representatives at Dhawa Ho Tram Hotel’s topping out ceremony It took precisely one year from the construction started during the pandemic until the Dhawa Ho Tram Hotel has been completed. Phuong Dang, CEO of Madison Land Co., Ltd. asserted, “These efforts showcase our commitment to bring the best quality products to customers in the shortest time.” Phuong added that the Dhawa Hotel's construction started right at the peak of the pandemic and has put Madison Land and its partners in front of various challenges in terms of human resources, raw materials, and supply chain disruption. "Nevertheless, thanks to the … [Read more...] about Dhawa Ho Tram Hotel topped out on schedule

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