• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

VietNam Breaking News

Update latest news from Vietnam

  • Home
  • About Us
  • Contact Us
  • Disclaimers
  • DMCA
  • Privacy Policy
  • Submit your story

Fastest youtube video to reach 100 million views

Vietnam, US to enhance economic cooperation after Covid-19

February 25, 2021 by hanoitimes.vn

The Hanoitimes – The US state wishes to boost bilateral trade with Vietnam in the energy sector.

Representatives from the Vietnamese Ministry of Industry and Trade and the State of West Virginia (the US) on February 25 signed a memorandum of understanding to enhance cooperation in terms of economics, trade and energy.

An overview of the meeting between he Vietnamese Ministry of Industry and Trade and the State of West Virginia (the US) on February 25. Photo: Bnews

With the signing of this Memorandum of Understanding, the two sides set out the goal of establishing a comprehensive cooperation framework to facilitate trade and investment activities of businesses of the tso countries as well as formlinh a joint Working Group to promote cooperative activities.

Speaking at the signing ceremony, Vietnam Minister of Industry and Trade Tran Tuan Anh emphasized the special importance of Vietnam-US relations and highly appreciated the role and efforts of Carol Miller, the US House member representing West Virginia’s 3rd congressional district and US state’s Governor Jim Justice for promoting bilateral economic and commercial relations between the two sides.

Minister Tuan Anh also believed that this is a very appropriate time for the two sides to promote in-depth cooperation to jointly react to the Covid-19 pandemic and step up economic recovery.

“The US is an important and long-term partner of Vietnam in providing energy sources and technology as well as investment,” he said.

On her side, Carol Miller also wished to further promote trade cooperation, especially in the energy sector between the US state and Vietnam. “Reviving the economy after the pandemic is important, West Virginia and the US are ready to assist partners, especially in the renewable energy sector,” she said.

At an online talk with Miller last May, Minister Tuan Anh raised the initiative of signing an agreement between the ministrg and the US State to foster the collaboration.

Trade cooperation and investment between Vietnam and the US have been thriving, with two-way trade hitting US$90.8 billion in 2020, and are expected to reach US$100 billion this year.

Filed Under: Opportunities the US, economic cooperation, covid-19, energy, cooperatives economics, civilian training programme indian technical & economic cooperation, cooperative in economics definition, asia pacific economic cooperation apec

Vietnamese female CEOs listed among top global business leaders

February 25, 2021 by vietnamnet.vn

The achievements of Vietnamese women “steering” large corporations have been recognized internationally.

Vietnamese female CEOs listed among top global business leaders

Nguyen Thi Bich Van

In early 2021, on its Facebook page, IBM Vietnam for the first time announced the appointment of a female Vietnamese CEO to replace a foreign CEO who had been working for IBM for 25 years.

The woman, Pham Thu Diep, is the first IBM’s ‘female general’ in the company’s 25 years of operation in the Vietnamese market.

It is now more common to see women managing large corporations in Vietnam such as Mai Kieu Lien, CEO of Vinamilk; Nguyen Thi Nga, president of BRG; Nguyen Thi Phuong Thao, CEO of Vietjet; and Le Thi Thu Thuy of VinFast are some of the names.

However, becoming a CEO of a foreign invested technology firm is still rare in Vietnam.

Before taking the office as CEO of a technology firm, Diep was a high ranking manager with 23 years of experience in the IT field. Starting her career at TRG International, she later held posts at Exact, which provides ERP service and cloud software to clients specializing in accountancy.

Diep joined IBM in early 2011 and has had many leadership positions since then.

In 2017, a Vietnamese woman became the highest ranking leader of Unilever Vietnam, a foreign invested enterprise specializing in personal and family care products and food. The first Vietnamese female president of the leading company in the FMCG sector is Nguyen Thi Bich Van, who has had a strong attachment to the company for the last 24 years.

Le Diep Kieu Trang is another well known name among businesswomen. She worked as CEO of Facebook and Go-Viet before choosing a new way to go.

The ‘golden girl’ with respectable achievements during school has had leadership positions at the world’s largest groups in Vietnam.

The brilliant achievements gained by VietJet Air, the air carrier with the largest market share, in the last decade bear the hallmark of CEO Nguyen Thi Phuong Thao. Last year Vietjet was one of only a few air carriers in the world which did not lay off workers and also made a profit, despite the Covid-19 crisis.

After a period of holding the post of CEO at Fossil Vietnam, Trang chose Facebook to use her experience to connect to the business community, both in Vietnam and overseas.

Global vision

Van said in Forbes Vietnam that being a leader in a multinational environment requires a high level of professionalism. She needs to understand multinationals’ vision and define their role in the multinationals’ business.

The working environment at multinationals is very diverse, so there is high requirement on the ability to work, communicate, and think in that environment. To encourage people to raise good ideas, leaders not only need to understand national cultures, but also understand the abilities of each worker so as to combine their talents and lead the staff to the finish point.

According to Van, this is not an easy work, because the more talented people there are, the more difficult it is for the team to reach a common purpose. In modern times, CEOs need to not ‘issue orders from the top down’, but ‘serve others’. They need to set orientation and then give power to workers to implement the strategies.

Some important positions at foreign corporations were and are held by Vietnamese women. These include Nguyen Phuong Anh, who worked as Google Asia Pacific marketing director in charge of the Vietnamese market; and Nguyen Mai Phuong, who became the youngest branding director of Unilever at the age of 24.

Vietnamese businesswomen also play an important role in the development of Vietnamese enterprises.

The brilliant achievements gained by VietJet Air, the air carrier with the largest market share, in the last decade bear the hallmark of CEO Nguyen Thi Phuong Thao. Last year Vietjet was one of only a few air carriers in the world which did not lay off workers and also made a profit, despite the Covid-19 crisis.

Thao has been included in Bloomberg’s list of 50 global influential leaders for many years. Thao is also chair of the board of directors and founding shareholder of Sovico Holdings, and deputy chair of HDBank.

In the manufacturing sector, Le Thu Thuy, president of VinFast, is a respectable name. Just within a short time, VinFast introduced its first two products – LUX A2.0 sedan series and LUX SA2.0 SUV at Paris Motor Show 2018. Most recently, its first three SUV smart electric cars were launched.

The great strides made by VinFast has created a stronger belief in the future of Vietnam’s automobile industry. This is the first time in history that a Vietnamese company can manufacture luxury cars with good design and high quality, to be sold in Vietnam and in the world market as well.

V. Ha

Filed Under: Uncategorized female CEO, global business leaders, Covid-19, vietnam economy, Vietnam business news, business news, vietnamnet bridge, english news, Vietnam news, vietnamnet..., what makes a good business leader, role of ceo in small business, jeunesse global business, female deities list, what is a global business, mba global business, mba global business jobs, how to start a global business, european business leaders, global business challenges faced by business, male female gender list, female archetypes list

Vietnam lures 5.46 billion USD in foreign investment

February 25, 2021 by en.vietnamplus.vn

Vietnam lures 5.46 billion USD in foreign investment hinh anh 1 As much as 5.46 billion USD worth of foreign direct investment (FDI) is injected into Vietnam as of February 20. (Photo: VNA)

Hanoi (VNA) – As much as 5.46 billion USD worth of foreign direct investment (FDI) was injected into Vietnam as of February 20, equivalent to 84.4 percent of the figure recorded in the same time last year, according to the Ministry of Planning and Investment .

As many as 126 foreign projects were granted investment licences with total registered capital of 3.31 billion USD, a year-on-year fall of 33.9 percent.

Meanwhile, 115 existing projects adjusted their investment capital with a total additional sum of 1.61 billion USD, or 2.5 times higher than the same time last year.

Capital contributions and shares purchases by foreign investors stood at 543.1 million USD, down 34.4 percent.

Foreign investors pumped capital in 17 sectors, with processing and manufacturing holding the lead with over 3 billion USD or 55.7 percent, followed by power production and distribution with 1.44 billion USD (26.5 percent), real estate 485 million USD, and science-technology nearly 153 million USD.

Japan topped the list of 46 countries and territories landing investment in Vietnam , with 1.64 billion USD, equivalent to nearly 30 percent of the total. Singapore came second with 1.07 billion USD (19.6 percent), and the Republic of Korea third with 1.05 billion USD (19.3 percent).

The ministry said the southern province of Can Tho lured the lion’s share of FDI with 1.31 billion USD, accounting for 24.2 percent of the total. Hai Phong city was the runner-up since it attracted nearly 918 million USD, or 16.8 percent. Bac Giang came third with nearly 573 million USD (10.5 percent).

So far this year, the foreign-invested sector has earned 38.07 billion USD from exports, up 34 percent year-on-year, and making up 76.1 percent of the nation’s total export turnover. At the same time, it spent 31.6 billion USD on imports, up 31.2 percent year-on-year, and accounting for 66.6 percent of the country’s total import value. That resulted in a trade surplus of nearly 6.5 billion USD./.

VNA

Filed Under: Uncategorized foreign direct investment (FDI), Vietnam, Ministry of Planning and Investment, investment licences, foreign-invested sector, trade surplus, Vietnam News Agency, ..., vietnam foreign investment, vietnam foreign direct investment, foreign investments in vietnam, Foreign Investment in Vietnam

COVID-19: Seven additional local infections recorded in Hai Duong

February 25, 2021 by vov.vn

Seven of the latest patients are in Hai Duong province, the epicentre of the nation’s most recent COVID-19 outbreak. Each of the individuals are F1 contacts that came into close contact with previously-confirmed COVID-19 patients.

The one remaining imported case is a 25-year-old woman who is being isolated to receive treatment at the General Hospital based in Tay Ninh province after her test result came back positive for the SARS-CoV-2 virus.

Following the detection of seven new cases, the number of locally-transmitted cases in Hai Duong, the nation’s largest COVID-19 hotspot, reached 643 since the virus was first detected in the country late last month.

Among the patients currently undergoing treatment, a total of 196 cases have since tested negative for the SARS-CoV-2 virus at least once, with the majority recording negative results either two or three times.

Furthermore, both Hanoi and Ho Chi Minh City, the country’s two major cities, are poised to allow schools to reopen from early March after recording no fresh COVID-19 cases in recent days.

Elsewhere, the northern province of Thanh Hoa recorded as many as 2,146 cases returning from Hai Duong, Quang Ninh, and other pandemic-hit localities, all of which are under health observation after testing negative for the SARS-CoV-2 virus.

At present, the country has registered a total of 2,400 positive COVID-19 cases, including 1,520 community cases of the virus, 900 imported ones alongside 1,804 recoveries.

Filed Under: Uncategorized COVID-19 cases, Hai Duong, Ministry of Health, largest COVID-19 hotspot, SARS-CoV-2 virus, Society, largest..., addition facts in seven days, seven local news, unite here local 19, local arrest records

Northern localities brace for cold spell over the weekend

February 25, 2021 by vov.vn

The cold spell will be accompanied by periods of drizzle and is set to directly impact both northern mountainous localities and north-central provinces.

In line with this forecast, temperatures will also drop by three to four degrees Celsius to a low of 18 degrees Celsius.

In Hanoi, the cold spell is likely to cause temperatures to remain between 18 degrees Celsius and 20 degrees Celsius from February 27.

Elsewhere, the temperatures in mountainous regions will hover around 14 degrees Celsius and 16 degrees Celsius, with Mau Son Mountain Peak in the northern mountainous province of Lang Son set to see temperatures reach as low as 11 degrees Celsius.

Based in the northern province of Lao Cai, the resort town of Sa Pa will record low temperatures of between 10 degrees Celsius and 12 degrees Celsius.

Filed Under: Uncategorized Cold spell, cold front, drizzle, Mau Son, Lang Son, Sa Pa, Society, local events this weekend, local events this weekend near me, braces northern ireland

Petrol prices record fifth consecutive increase, up nearly VND400 per litre

January 26, 2021 by vov.vn

In line with the latest assessment, the retail price of E5RON92 biofuel witnessed an increase of VND 361 per litre to a maximum of VND16,309 per litre, while the price of RON95 rose by VND340 per litre to VND17,270 per litre.

Furthermore, diesel oil 0.05S and kerosene are to be sold at no more than VND13,042 per litre and VND11,908 per litre, rises of VND300 and VND350 per litre, respectively.

Meanwhile, the price of Mazut 180CST 3.5S is now at no more than VND12,622 per kg, representing an increase of VND350 per kg.

According to the two ministries, petrol and oil prices in the global market have experienced an upward trajectory over the past 15 days, therefore causing the latest adjustments.

This is the fifth consecutive time the two ministries have hiked the domestic petrol and oil prices.

The ministries have also decided to increase expenditure for the petrol price stabilisation fund at the level of between VND181 and VND1,100 for all types of petroleum products.

Filed Under: Uncategorized Petrol prices, E5RON92 biofuel, Mazut 180CST 3.5S, diesel oil 0.05S, kerosene, Economy, ..., when petrol price will increase in india, how petrol price increase in india, petrol price increase how much, who increases petrol price in india, who increases petrol price, who increase petrol price in india, who increase petrol price, why increase petrol price in india, why increase in petrol price, pakistan 1 litre petrol price, nepal 1 litre petrol price, how petrol price increase

Primary Sidebar

RSS Recent Stories

  • Tax deadline should be delayed for businesses, says MoF
  • Drug crime on the rise as pandemic continues: official
  • PM asks for rapid COVID-19 vaccination distribution
  • Community-based COVID-19 prevention teams work hard during pandemic
  • Doctors put personal lives on hold to fight COVID-19 pandemic
  • HCM City vows to get rid of oddly shaped tiny houses

Sponsored Links

  • Google Home Mini at Rs 499: Here’s how to get discount
  • LG may deliver displays for Apple’s foldable iPhones: Report
  • Flipkart quiz February 19, 2021: Get answers to these five questions to win gifts, discount coupons and Flipkart Super coins
  • Call of Duty: Black Ops Cold War to get new zombies mode ‘Outbreak’
  • Why Amazon Echo is the AirPods of smart speakers in India
Copyright © 2021 VietNam Breaking News. Power by Wordpress.