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Participants at the conference discuss cooperation opportunities. (Photo: VNA) Montreal (VNA) – The Ministry of Industry and Trade (MoIT) in collaboration with the Vietnam Association for Supporting Industries (VASI) on October 2 organised a conference in Montreal, Canada, to seek business cooperation in supporting industry between Vietnam and Quebec province. Experts said Vietnam has favourable conditions to develop supporting industry. Thanks to its sound business climate, the Southeast Asian country has become an attractive destination for foreign investors, including those from Canada. They expressed firm belief that the thriving Vietnam-Canada comprehensive partnership, together with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), will lay a foundation for businesses of both nations to enhance cooperation in the field. At the conference, Deputy Director General of the MoIT’s Department of European-American Market Department Nguyen … [Read more...] about VN, Canada hold huge potential to cooperate in supporting industry

Experts said Vietnam has favourable conditions to develop supporting industry. Thanks to its sound business climate, the Southeast Asian country has become an attractive destination for foreign investors, including those from Canada. They expressed firm belief that the thriving Vietnam-Canada comprehensive partnership, together with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), will lay a foundation for businesses of both nations to enhance cooperation in the field. At the conference, Deputy Director General of the MoIT’s Department of European-American Market Department Nguyen Hong Duong highlighted Vietnamese firms can capitalise on the Canadian market’s strengths to develop supporting industry as the Canadian authorities have shown their increasing interest in the Vietnamese market. Besides, the bilateral free trade agreement will create a legal framework for business activities of enterprises in both nations, he added. Canada also … [Read more...] about Vietnam, Canada hold huge potential to cooperate in supporting industry

Lao students join Vietnamese eloquent contest The teams' representatives pose for a group photo A Vietnamese eloquent contest for Lao students in Vietnam’s central region took place in Thua Thien-Hue province on October 18. The event, co-held by the Ministry of Education and Training (MoET) and the Vietnam-Lao Friendship Association Central Committee, saw the participation of 16 teams. In seven minutes, each of the contestants shared their understanding about Vietnam, the country’s people and culture, along with memories during their stay. A team of the Vinh University of Technology Education in the north-central province of Nghe An claimed the first prize, followed by those of the Hue University of Medicine and Pharmacy and Hong Duc University. Addressing the event, Deputy Director General of the International Cooperation Department under the MoET Nguyen Hai Thanh said Vietnam and Laos have nurtured a traditional friendship and cooperation over the years, … [Read more...] about VIETNAM NEWS HEADLINES TODAY

Mekong Delta, HCMC warned of tidal flooding in lowland, riverside areas The Southern Regional Hydrometeorological Center has warned the Mekong Delta and Ho Chi Minh City of flooding in lowland and riverside areas as a high tide is forecast to occur and reach its peak in the next couple of days. According to the center, water level in the Saigon and Dong Nai rivers on October 12 highly increased. It is predicted to continue surging in the next few days. The peak of the high tide might occur on October 15-16, the 17th and 18th day of the ninth lunar month. The National Hydro Meteorological Forecasting Center also issued the same warning, saying that the water level in the Mekong and Saigon Rivers will reach alarming levels 2-3 under influence of the high tide. Low lying and riverside areas in HCMC and the Mekong Delta might be flooded. In the meantime, the meteorological station in Can Tho city said that tide level in canals in the city will continue moving up to reach 1.95-2 meters and … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 15

Vietnam’s wood firms should apply technologies to increase competitiveness Chairman of the Handicrafts and Wood Industry Association of Ho Chi Minh City (HAWA) Nguyen Quoc Khanh said Vietnam’s wood processing firms should apply technologies and take heed to production models to increase competitiveness. Advancement of CNC precision technology plus new technologies such as artificial intelligence, big data, cloud computing, and robots have helped woodworking technologies to make progresses. Vietnam is approaching to be a major furniture supplier in the world in this time when many US importers are shifting China orders to many countries including the Southeast Asian. However, the wood processing industry has faced challenges when more foreign investment capital has poured in the country. From the early this year, forestry industry showed a strong increase in export value from the beginning of the year. Overseas shipment of forestry product exports in first nine month … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 21