European business sentiment declines in vietnam driven by global headwinds vnexpress international

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

Tran Thi Huy, 28, of Dien Chau District in the north central Nghe An Province, is the wife of 31-year-old Nguyen Van Uoc, who has been confirmed dead in a mill fire in Oldham, Manchester back in May. On Saturday, Huy received a phone call from the U.K. The person on the other side was a representative of the Manchester police, informing her fingerprint analyses of a body found in the aftermath of the fire showed that it belonged to Uoc, one of four Vietnamese nationals reported missing last month. They said a DNA analysis would be done next to confirm the fingerprint analysis. A month ago, hair and nail samples of Uoc’s family members were sent to the U.K. police by a Vietnamese citizen living in the U.K. who came back home to collect them. "We have been praying hard at the altar, hoping a miracle would happen for Uoc. But that hope is gone," Huy said. At the end of 2016, just months after the couple had welcomed their second child, Uoc left his wife and family and went to … [Read more...] about Crushed: family mourns husband, son killed in UK fire

T&Y SuperPort Vinh Phuc SC (T&Y) – a joint venture between YCH Group and Vietnamese conglomerate T&T Group – inked two MoUs with VNA and VNR on August 12 to embark on the first multimodal connectivity partnerships for the first-of-its-kind smart logistics infrastructure project in Asia – Vietnam SuperPort – that is slated for completion by 2025. Vietnam SuperPort is the first multimodal infrastructure project invested in by a Singaporean firm in Vietnam. The project is expected to strengthen logistics and supply chain connectivity in the ASEAN region with the adoption of technologies and innovative solutions and driven by the strong economic ties made possible by the close partnership between Vietnam and Singapore and the strong business connections between the two nations. Executive chairman of YCH Group Robert Yap said, “The MoUs with VNA and VNR are an important milestone for Vietnam SuperPort. For a smart logistics infrastructure project of this stature, … [Read more...] about Vietnamese and Singaporean firms partner to improve supply chain connectivity

Trade in goods between Vietnam and the UK has grown rapidly According to the Ministry of Industry and Trade, two-way trade between the UK and Vietnam reached US$6.6 billion in 2021, an increase of 17.2 percent compared to 2020. The expected recovery of the British economy from the pandemic and growing consumer demand in the UK will offer more opportunities for Vietnam’s exports in the years to come. The UK is currently Vietnam’s third largest trading partner in Europe after Germany and the Netherlands. The UK and Vietnam established a strategic partnership in 2010. The signing of the trade deal was of great significance, preventing an interruption of bilateral trade at the end of the Brexit transition period on December 31, 2020 and promoting post-pandemic economic recovery. In addition, the contents of the UKVFTA are similar to those of the EU-Vietnam Free Trade Agreement (EVFTA), shortening negotiations. Embracing globalization has been one of Vietnam’s core strategies to … [Read more...] about UK deal offers gateways to regional trade

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

Nguyen Ba Vinh, director of Minh Vi Exhibition and Advertisement Services Co., Ltd, introduces China Homelife Vietnam 2022 at a press briefing in HCM City last Friday. — VNS Photo China Homelife, a specialised trade show for Chinese products, will be held for the first time in Viet Nam at the Saigon Exhibition and Convention Centre from August 29 to 31. Nguyen Ba Vinh, director of Minh Vi Exhibition and Advertisement Services Co, Ltd (VEAS), said China Homelife Vietnam 2022 has attracted the participation of more than 160 leading Chinese manufacturers and suppliers in over 200 booths, displaying products in four main categories: household appliances, consumer electronics, textiles and garments, and building materials-interior. Vinh said currently China is implementing a ‘zero COVID policy’, so the exhibition will be held in a hybrid format. Chinese exhibitors will still showcase their latest products onsite for customers to experience and feel the new trends, and at the same … [Read more...] about China Homelife exhibition to open in Viet Nam for the first time