Favourable business climate

Bestowed with a year-round cool climate, many households in Bac Kan province have invested in cold-water fish farming associated with tourism in recent times and initially posted good results. This is a salmon and sturgeon farm owned by Dang Hanh Dung in Yen Duong commune, Ba Be district. Since combining raising fish with tourism, the number of visitors to his farm has increased, resulting in higher fish consumption. Dung's farm is quite large, earning him hundreds of millions of VND a year. There are four farms in Bac Kan raising salmon and sturgeon. Thanks to the climate, local salmon and sturgeon products are of good quality and have found favour among consumers. Some salmon and sturgeon farms are located high in the mountains, where the climate is cooler and the landscapes beautiful, so fish farm owners have combined fish rearing with tourism. Visitors can sightsee at the farms and nearby, enjoy some fish dishes, and learn about the culture of the local … [Read more...] about Bac Kan boosting cold water fish farming combined with tourism

As Vietnam steps into the post-pandemic era, experiences and learnings from the pandemic serve as a reminder of the importance of digital transformation and its crucial technology component. Eunjung Han, consultant at Rouse Legal Vietnam and vice chair of the Digital Sector Committee of the European Chamber of Commerce in Vietnam Despite COVID-19’s negative economic and social impact, Vietnam remains an attractive destination to European investors. According to the European Chamber of Commerce (EuroCham) 2021 White Book, Vietnam’s stable macro-economic climate, with inflation in the single digits, continues to increase investor confidence in the country’s trade and investment environment. Only adding to that, the EU-Vietnam Free Trade Agreement (EVFTA) is paving the way for continued foreign direct investment (FDI) from the EU and is viewed as a means for shared recovery and economic rebound. As the first comprehensive FTA between the EU and a developing country in … [Read more...] about EVFTA underpinning growth in Vietnamese tech market

President Nguyen Xuan Phuc (left) and Ambassador of South Africa Vuyiswa Tulelo (Photo: VNA) Hanoi (VNA) – President Nguyen Xuan Phuc met with newly-appointed ambassadors of South Africa, Saudi Arabia and Belgium, who came to present their credentials, in Hanoi on August 5. Meeting with Ambassador of South Africa Vuyiswa Tulelo, President Phuc expressed his belief that she will contribute to promoting the bilateral ties, especially the organisation of activities marking the 30th founding anniversary of diplomatic relations in 2023. Vietnam always attaches importance to the traditional friendship with South Africa and regards the country as an important cooperation and development partner in the continent, he affirmed. The President urged the diplomat to coordinate with Vietnamese agencies to step up the exchange of delegations, especially at the high level, through Party, State and National Assembly channels. Vietnam stands ready to support South Africa to … [Read more...] about President receives new ambassadors of South Africa, Saudi Arabia, Belgium