Germany

Director of the MPI's Foreign Economic Relations Department Pham Hoang Mai (centre) shows the signed minutes of the virtual meeting with Director for Asia at the German Federal Ministry for Economic Cooperation and Development Gisela Hammerschmidt (Photo: vneconomy.vn) Hanoi (VNA) – Germany has pledged to provide 50 million EUR (58.8 million USD) in official development assistance (ODA) loans and another 63.559 million EUR in non-refundable ODA for 14 technical assistance and investment projects in Vietnam this year. The commitment was made during a recent governmental-level meeting on the Vietnam - Germany development cooperation in 2021 held via videoconference, according to the Ministry of Planning and Investment (MPI). Among the beneficiary projects, the one on building a centre for epidemic forecasting and management proposed by the Health Ministry as an emergency response to the COVID-19 pandemic will receive 15 million EUR in non-refundable ODA. The MPI … [Read more...] about Germany pledges over 113.5 million EUR in ODA for Vietnam

The commitment was made during a recent governmental-level meeting on the Vietnam - Germany development cooperation in 2021 held via videoconference, according to the Ministry of Planning and Investment (MPI). Among the beneficiary projects, the one on building a centre for epidemic forecasting and management proposed by the Health Ministry as an emergency response to the Covid-19 pandemic will receive EUR15 million in non-refundable ODA. The MPI said the German Government views Vietnam as a “global partner” in development cooperation under the new BMZ 2030 strategy. Director of the MPI's Foreign Economic Relations Department Pham Hoang Mai (center) shows the signed minutes of the virtual meeting with Director for Asia at the German Federal Ministry for Economic Cooperation and Development Gisela Hammerschmidt (Photo: vneconomy.vn) During the meeting, attended by Director of the MPI's Foreign Economic Relations Department Pham Hoang Mai and Director for Asia at the German … [Read more...] about Germany pledges over EUR113.5 million in ODA for Vietnam

A medical equipment group on Facebook has been recording at least 20 such posts a day, with the test kits ranging from VND100,000 ($4.35) to VND800,000. They are often advertised as having an accuracy rate of over 92 percent. Each kit can test two persons in 15 minutes each. Chinese equipment cost the least, Vietnamese kits cost VND200,000, while those from Germany or the U.S. are priced at up to VND800,000. Rising demand from factories, companies and residents is driving sales, Le Xuan Tinh, a seller in Ho Chi Minh City, said. HCMC has been recording thousands of new Covid cases daily, while Hanoi began a stringent 15-day social distancing campaign on Saturday. Even the same brand of kits could be sold at different prices. Hong Hanh, a seller in Hanoi, said the average price of a Humanis kit, certified by the Ministry of Health, is VND250,000, but the same products with unclear origins are sold at 20 percent less. Prices change every day, and buyers have to wait for at … [Read more...] about Covid-19 quick test kits flood social media

Thai people shopped for Vietnamese fruits at Vietnamese Goods Week in Thailand in June. — VNA/VNS Photo Ngoc Quang More Vietnamese goods are available on foreign supermarket shelves but enterprises still need to overcome a number of challenges if they want to enhance their brand image. Online newspaper Hanoimoi.com.vn cited Makoto Nakamura, an international trade consultant at the Japan External Trade Organisation as saying that when consuming food products, health and safety was the top priority of Japanese people and then the price. Agricultural and food products that entered the Japanese market had to undergo animal and plant quarantine inspections. Also, these goods had to comply with Japan’s regulations on environmental sanitation. Vietnamese trade counsellor in Japan Ta Duc Minh suggested Vietnamese enterprises document links from production and preservation to transportation while meeting Japan’s regulations on standards if they wanted to enhance their foothold and … [Read more...] about Vietnamese goods to increase presence on foreign shelves