Double digit export growth According to the Hanoi People’s Committee, the export turnover of goods in June 2022 reached about US$1.517 billion, up 6.8 percent from May 2022 and 17.5 percent from June 2021. In the first half of this year, the commodity exports turnover reached US$8.3 billion, up 17.1 percent over the first half of 2021. Some key items with increased export turnover in this period included textile and garment, reaching US$1.22 billion, up 29.6 percent; computer components and peripherals, US$1.072 billion, up 20.2 percent. The total import turnover of goods hit US$3.675 billion in June and US$20.5 billion in the first six months of 2022, the latter of which is 24.5 percent higher than the same period in 2021. Among the items of highest value were machinery, equipment and spare parts reaching US$2.996 billion, down 5.6 percent; petroleum US$2.934 billion, 2.8 times higher than the same period in 2021; computers, electronic goods and components at US$1.535 … [Read more...] about Hanoi helps firms implement trade deals
Dream republic joint
Hanoi would continue to foster cooperation with Palestine, especially in economic, cultural, education and tourism activities. Palestine highly regards solidarity and friendship with Vietnam and sees it as a motivation to move forward. Delegates at the Congress. Photo: The Hanoi Times Palestine’s Ambassador to Vietnam Saadi Salama gave the remarks at the 3 rd Congress of the Vietnam-Palestine Friendship Association – Hanoi chapter for tenure 2022-2027. On this occasion, Salama expressed his appreciation to the Hanoi Association of Friendship Organization (HAUFO) and the Vietnam-Palestine Friendship Association – Hanoi chapter for their efforts in bolstering the affection and understanding between the two peoples. A report from the Vietnam-Palestine Friendship Association for the 2017-2022 tenure noted despite the severe Covid-19 impacts over the past two years, the association has been working closely with the HAUFO, the Vietnam Committee for Solidarity … [Read more...] about Solidarity with Vietnamese people motivates Palestine moving forward: Amb.
Fishing vessels (Photo: VNA) Kien Giang (VNA) – The two southern provinces of Kien Giang and Ca Mau are joining hands in fighting illegal, unreported and unregulated (IUU) fishing in their waters. This move is expected to help develop responsible fisheries, and effectively and sustainably exploit aquatic resources on fishing grounds, towards having the European Commission 's warnings against IUU fishing removed in the two localities. Accordingly, Kien Giang and Ca Mau have jointly organised patrols and inspections to detect fishing vessels engaging in illegal fishing, especially in foreign waters, those using electric pulse and explosives to catch aquatic products, those operating in wrong areas, and the ones that have not installed monitoring devices or have installed but often cut connection. In addition, they have also paid attention to stepping up dissemination of law to raise awareness of ship owners and fishermen on IUU fishing, and strictly punished those … [Read more...] about Kien Giang, Ca Mau coordinate in combating IUU fishing
The dialogue was part of U.K. Home Office Permanent Under-Secretary Matthew Rycroft's two-day visit to Vietnam. The dialogue aimed to improve migration cooperation, deliver on the potential of the existing migration partnership and discuss key issues, including four pillars: communication on immigration and safe migration, migrant returns, fraudulent documents and updated policies on immigration and migration management, and addressing human trafficking. Rycroft and Luong Tam Quang, Vietnam's Deputy Minister of Public Security, discussed collaboration in tackling serious organized crimes with a focus on human trafficking and supporting and protecting victims, the British Embassy in Hanoi said in a statement. "Tackling illegal migration and human trafficking is hugely important and mutually beneficial to both countries," Rycroft said. "We are committed to working together on ensuring safe and legal routes to the U.K. as well as protecting victims of human trafficking, and … [Read more...] about Vietnam, UK cooperate in fighting illegal immigration
The Vietnamese Embassy in Germany said that the German Federal Foreign Office sent it a note on Monday saying it will issue visa for the new Vietnamese blue passports with added information of the holders' place of birth. Vietnam's new passport that has been in use since July 1, 2022. Photo by VnExpress/Pham Du The Germany's foreign office applauded Vietnam's timely solution to the matter, the embassy said. The new Vietnamese passport, issued since July 1, 2022, has earlier been rejected by Germany, Spain, the Czech Republic and Finland due to its lack of birthplace information. However, the Spanish embassy later said it would accept the new passport , but those who wish to apply for a visa need to furnish their identity cards to verify their place of birth. Two other European countries, France and the U.K., have announced that they will c ontinue to recognize Vietnam's new passports . The U.S. embassy in Hanoi has instructed holders of the new Vietnamese … [Read more...] about Germany issues visas for Vietnamese passports with added birthplace info
SHB targets to be among the three largest private commercial banks in Vietnam This confirms that SHB has completely fulfilled its commitment to shareholders and investors on improving financial capacity in accordance with the plan to increase charter capital in 2021 – as approved by the annual general shareholders' meeting (AGM) – and lays the groundwork for the implementation of the next capital increase plan. In addition, SHB also aims to further enhance its charter capital to $1.59 billion by the end of 2022 under a decision made at its AGM. The hike will likely place it among the three largest private joint stock banks by charter capital. The bank’s reputation among domestic and foreign investors and international credit rating agencies has been solidified and improved in large due to the firm's consistent efforts to strengthen its operations over the last several years. SHB continues to grow its operating size and business development, accelerate financial … [Read more...] about SHB to increase its charter capital