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Vietnam, Mexico promote economic, trade, investment cooperation

July 5, 2022 by en.vietnamplus.vn

Deputy Minister of Industry and Trade Do Thang Hai speaks at the forum (Photo: VNA) Mexico City (VNA) – A delegation of 23 Vietnamese entrepreneurs, led by Deputy Minister of Industry and Trade Do Thang Hai , attended the Vietnam-Mexico Business Forum in Mexico City on July 4, aiming to seek cooperation opportunities with the host country’s partners. Undersecretary for Foreign Trade in Mexico 's Secretariat of Economy Luz Maria de la Mora spoke highly of the bilateral economic and trade relations, affirming that Mexico considers Vietnam a strategic market in the Asia-Pacific region. She expressed her hope that the two countries’ authorised agencies will continue strengthening close coordination in the coming time and their businesses will effectively take advantage of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), contributing to promoting bilateral trade turnover as well as post-pandemic economic recovery. The official affirmed … [Read more...] about Vietnam, Mexico promote economic, trade, investment cooperation

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Packaging industry benefits from e-commerce

July 5, 2022 by bizhub.vn

On Wednesday, a workshop on improving packaging technology and design to enhance business competitiveness and efficiency was held in the southern province of Dong Nai. — Photo vtv.vn The packaging industry will benefit from the growth of e-commerce, and the free trade agreements that Viet Nam has joined, said Nguyen Duc Trung, deputy director of the Enterprise Development Agency, at a training workshop in the southern province of Dong Nai last week. This workshop was focused on improving packaging technology and design to enhance business competitiveness and efficiency. The training session is an activity within the framework of the USAID Improving Private Sector Competitiveness (IPSC) project, funded by USAID. The Ministry of Planning and Investment's Enterprise Development Agency is the project owner. It is designed to equip businesses with the latest information and knowledge on packaging technology and design, thereby supporting businesses to develop appropriate packaging … [Read more...] about Packaging industry benefits from e-commerce

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Workers hope for allowance increase amid price surge

July 5, 2022 by www.sggpnews.org.vn

Workers at a factory in Binh Duong province (Photo: VNA) A worker’s monthly income usually consists of the base salary, overtime pay and allowances. Do Thi Thu Hoai, an employee in Phu Tho province, said: “I have been working at this company here for five years, but the allowances have remained the same for me. “I see that several other companies provide an amount for accommodation support, but here we don’t receive any.” Each month, she receives her base salary of VND4.4 million (US$188), alongside the allowances of VND300,000 for diligent attendance, VBD150,000 for fuel charges, and VND30,000 for female employees. There was an allowance for employees with children of VND100,000 (US$4.30) per month, but this no longer exists, she said. She added that not only have these amounts remained unchanged throughout the years, but they also follow a very strict policy. The allowance for diligence, for example, can only be given if the employee has perfect attendance in that … [Read more...] about Workers hope for allowance increase amid price surge

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Experts look for ways to bolster tourism in North Central region

July 5, 2022 by hanoitimes.vn

As major cities of Vietnam, Hanoi and HCMC will promote tourism in the northern and central regions of the country. The six North Central provinces need to cooperate with key localities of Hanoi and Ho Chi Minh City (HCMC) to attract more tourists and increase revenue. Lan Chau Island in Cua Lo Town, Nghe An Province. Photos: nghean.gov.vn This is key content discussed by more than 500 delegates from various ministries, international organizations and tourism businesses at a tourism forum, with the theme “Convergence of Quintessence - Enhanced Destination Experience”, held in the central province of Nghe An early this month. Nguyen Duc Trung, Chairman of Nghe An Provincial People's Committee pointed out that the forum was an event marking an important and comprehensive turning point in the cooperation between Hanoi and HCMC with the provinces of Ninh Binh, Thanh Hoa, Nghe An, Ha Tinh, Quang Binh and Quang Tri, in which Nghe An played the role of a tourism … [Read more...] about Experts look for ways to bolster tourism in North Central region

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Agro-forestry-fishery exports on track to surpass yearly target

July 6, 2022 by bizhub.vn

Pineapples are being processed for export at a Dong Giao Foodstuff Export JSC factory in Gia Lai Province. — VNA/VNS Photo Hong Diep Viet Nam earned US$27.88 billion from agro-forestry-fishery exports in the first half of this year (H1), up 14 per cent year-on-year despite the difficulties and impact of the world economic environment, according to the Ministry of Agriculture and Rural Development (MARD). Of the sum, exports of key farm produce and forestry products reached $11.37 billion and $9.1 billion, surging 8.8 per cent and 3 per cent year-on-year, respectively, fishery products hit $5.8 billion, up 41 per cent annually, while that of livestock reached $176 million, down 16 per cent, and production input topped $1.42 billion, up 65 per cent. Nine types of goods recorded an export revenue exceeding $1 billion in the period: coffee, rubber, cashew, fruit and vegetable, rice, tra fish, shrimp, wooden goods, and inputs for production. Items which saw increases in both … [Read more...] about Agro-forestry-fishery exports on track to surpass yearly target

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Mechanical engineering firms urged to enhance cooperation

July 6, 2022 by bizhub.vn

A factory of a mechanical engineering enterprise in Quang Ninh Province's Ha Long City. — Photo cokhitienmanh.vn Domestic mechanical engineering enterprises should strengthen cooperation to improve competitiveness and gain more market share, industry experts have suggested. Nguyen Quang Hieu, general director of PetroVietnam Marine Shipyard JSC (PV Shipyard), told Nhan Dan (The People) newspaper that there were enormous opportunities for mechanical engineering firms to tap into the lucrative local market with a scale of up to billions of dollars. Hieu cited offshore wind power projects as a good example. He said Vietnamese enterprises could produce offshore wind turbine foundations. Even a small-scale wind power project comprises about 30-40 turbines, and its turbine foundation system would need an estimated 300,000 tonnes of equipment. With each tonne equivalent to US$4,000, including the cost of materials, on average, there would be about $1.2 billion worth of market share … [Read more...] about Mechanical engineering firms urged to enhance cooperation

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