Diem k nguyen

Seoul – An international seminar on trend of investment in Vietnam in the new normal context took place in Seoul on August 18, with over 150 Korean investors and enterprises in different areas taking part. CEO of Anam Electronics speaks at the event (Photo: VNA) The event was co-hosted by the Vietnam Viglacera Corporation, the Vietnamese Embassy in the RoK, the Vietnamese Ministry of Planning and Investment’s Foreign Investment Agency, the Industrial Bank of Korea (IBK) and the Bae, Kim & Lee LLC, on the occasion of the 30th anniversary of Vietnam – RoK diplomatic ties. It was one of the first investment promotion seminars held in the RoK following the COVID-19 pandemic. Speaking at the event, Vietnamese Ambassador to the RoK Nguyen Vu Tung stressed the country as the biggest FDI partner to Vietnam with nearly 10,000 projects worth 80 billion USD. Two-way trade hit 78.1 billion USD in 2021 and is likely to reach 90 billion USD. The Embassy commits to standing … [Read more...] about RoK seminar on investment in Vietnam

Mr. Vu Van Thang, General Manager for Herbalife Vietnam and Cambodia said: “We’re proud and happy to see the continued expansion of the Casa Herbalife Vietnam Program , which is aligned with our long-term corporate social responsibility agenda and Herbalife Nutrition Foundation’s mission to help needy communities around the globe. Following this launch, we will work closely with the Viet Tri Orphans and Disabled Children Protection Center to help the children under this shelter to access nutritious meals on a daily basis and adopt active lives to grow healthily and reach their full potential.” Ms. Nguyen Thi Nghia, President of Viet Tri Orphans and Disabled Children Protection Center said: “We’re impressed with the valuable support that the Casa Herbalife Vietnam Program has brought to disadvantaged children in Vietnam over the past several years . Therefore , we’re very delighted that this meaningful program has been introduced to Viet Tri Orphans and Disabled … [Read more...] about Herbalife Vietnam Brings Good Nutrition to Needy Children

The model is expected to be gradually replicated in other entertainment venues in the city after its initial success. The Phu Quoc District People’s Committee and WWF-Vietnam launched a model project of reducing plastic waste at tourist destinations, as part of the drive to become a plastic-free island. The launch of tourist trash cans is expected to encourage the habit of sorting and disposing of garbage on-site. Photo: VOV Under the project, there are 12 sets of tourist trash cans and two public drinking water fountains have been made available in some venues on the island, of which four trash cans were installed in Dinh Cau Temple and Bach Dang Park, and another eight were placed in Tran Hung Dao Street, Duong Dong Ward, with a total cost of nearly VND800 million (US$34,296) sponsored by WWF-Vietnam. Dinh Cau Temple and Bach Dang Park are among the most favorite destinations for tourists and locals, so these places receive the largest amount of single-use … [Read more...] about Phu Quoc, WWF-Vietnam launch plastic waste reduction model at tourist destinations

Hanoi will play a key role in connecting visitors to tourist destinations in Vietnam. The Vietnamese Ministry of Culture, Sports and Tourism needs to actively support major tourism businesses to build routes linking localities, and restart heritage digitalization with the participation of travel companies to create new tourism products. Deputy Prime Minister Vu Duc Dam speaks at the meeting. Photo: VGP This is one of the requirements made by Deputy Prime Minister Vu Duc Dam on August 17 at the meeting on removing difficulties and promoting tourism recovery so that the industry would become a key economic sector. The Deputy Prime Minister requested the Ministry of Industry and Commerce to urgently submit to the Prime Minister the adjustment of electricity prices so that accommodation establishments would be entitled to energy rates equal to those of manufacturing facilities. The Ministry of Culture, Sports and Tourism, associations, and tourism businesses … [Read more...] about Vietnam deploys diverse solutions to revive tourism industry

The credit quality of real estate firms is at a good level with financial leverage below 1.5x. During the first seven months of 2022, over VND420 trillion (US$18 billion) was pumped into the real estate market. The figure could be raised to VND800 trillion ($34 billion) by the end of the year in case of favorable conditions. Investors looking at a real estate project in Me Linh District, Hanoi. Photo: Pham Hung Economist Can Van Luc, a member of the National Financial and Monetary Advisory Council, shared the view at a real estate forum held on August 17, noting the figure is huge compared to total investment capital for the economy. According to Luc, while transaction activities have been subdued in recent months, this would pose a golden opportunity to restructure the market for more sustainable growth. “In the past, real estate was widely seen as the first option when people explore fields to invest in, and that is a huge risk to the economy,” Luc said. … [Read more...] about Over US$34 billion set to pour into Vietnam’s real estate market this year

The financial shortage might challenge the implementation of Vietnam’s gender equality commitments and Sustainable Development Goals by 2030. It is extremely urgent to secure and mobilize domestic financial resources for gender equality in Vietnam in the context that a great number of donors have cut down on financial support once the country is in middle-income status. Elisa Fernandez Saenz, United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) Country Representative in Vietnam raised concerns at a conference held in Hanoi on August 17. Elisa Fernandez Saenz, United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) Country Representative in Vietnam, speaks at the conference held in Hanoi on August 17. Photos: UN Women The idea was shared at the event where the United Nations agencies, international organizations, local authorities, businesses, and civil society organizations (CSOs) called for initiatives … [Read more...] about Vietnam needs financial resources to advance gender equality