Global supply chain

 Deputy Commander of the Vietnam Coast Guard Major General Bui Trung Dung (first row, first from left) poses for a group photo (Photo: VNA) Tokyo (VNA) – Major General Bui Trung Dung, Deputy Commander of the Vietnam Coast Guard, is joining coast guard leaders from 57 countries and eight international organisations at the 2nd Coast Guard Global Summit in Tokyo on November 20-21. In his opening remarks, Commandant of the Japan Coast Guard (JCG) Shuichi Iwanami laid a stress on the changing global security environment with emerging non-traditional security threats. As no single nation could cope with security challenges in an effective manner, the JCG in collaboration with the Nippon Foundation is organising the summit to promote collaboration and coordination among coast guard forces in the world, he said. At the summit, coast guard leaders are sharing experience in ensuring maritime security and safety in their countries, and discussed measures to develop human … [Read more...] about Vietnam attends second Coast Guard Global Summit in Tokyo

  BW Industrial Development JSC provides warehouses for Shopee and BEST Inc, with a total area of ​​up to five hectares in HCM City. Photo vir.com.vn HCM CITY - BW Industrial Development JSC will provide warehouse space for Shopee and BEST Inc, with a total area of ​​up to five hectares in HCM City, to promote the two companies’ development in e-commerce activities, local media reported. This will be the third fulfilment and distribution centre of Shopee, an e-commerce platform, in Việt Nam and the first automated warehouse of BEST Inc Việt Nam, a logistic service provider. BW Industrial, a joint venture between global private equity fund Warburg Pincus and Becamex IDC Corp, has completed a strategic cooperation agreement with the two companies to develop the warehouses. This will promote development of logistics activities for e-commerce in Việt Nam. Speaking at the signing ceremony, CKTong, BW Industrial CEO said … [Read more...] about BW Industrial provides warehouses for e-commerce activities of Shopee and BEST

Workers preparing fish for further processing at a plant belonging to Sao Mai Group in the southern province of Đồng Tháp. — VNA/VNS Photo Vũ Sinh HÀ NỘI — The National Assembly (NA) this morning voted on the amended labour code with changes to the national holidays and labour practices, after months of heated debate among workers, employers and experts. A total of 435 deputies voted in favour of the new law out of 453 present, translating to an approval rating of 96.06 per cent. Nine voted against the law while nine abstained. According to the new amended labour code, workers will be entitled to another day off with full pay the day following or preceding the Independence Day (September 2) holiday – which so far has been observed as a one-day holiday. According to Bùi Sỹ Lợi, vice chair of the NA Committee on Social Affairs, the decision to extend the Independence Day holiday instead of designating the … [Read more...] about NA adopts revised Labour Code, adding holiday and allowing independent unions

Party General Secretary and President Nguyen Phu Trong (R) and President of the Council of State and Council of Ministers of Cuba Miguel Mario Diaz-Canel Bermudez (Photo: VNA) Hanoi (VNA) – General Secretary of the Communist Party of Vietnam and President Nguyen Phu Trong held talks on November 9 with President of the Council of State and Council of Ministers of Cuba Miguel Mario Diaz-Canel Bermudez following a welcome ceremony held for the Cuban leader. During the talks, the leaders briefed each other on the situation in their respective countries and discussed orientations and measures to deepen the special relationship between the two sides in an effective and pragmatic fashion. They also exchanged viewpoints on regional and international issues of shared concern. Party General Secretary and President Trong said the Cuban President’s visit will generate momentum for the bilateral relationship. Congratulating the Cuban people on achievements they have … [Read more...] about Leaders agree to raise Vietnam-Cuba trade to 500 million USD by 2022

Duong River Surface Water Plant is invested with the capital of VND5 trillion ($217.4 million) WHAUP in early November officially acquired 34 per cent of Duong River Surface Water Plant around the time when Song Da Water Investment JSC was caught up in a scandal over its polluted water supply. The Thai investor may have been caught off guard by the sky-high water prices Duong River now has to charge, which has caused enough of a stir to force the CEO of the management board to leave her position. According to the Document No.3310/UBND-KT two years ago, Hanoi People’s Committee approved to buy water from Duong River at the price of VND10,246 per cubic metre, more than double the price of Song Da Water Investment JSC and other water companies. When the first phase of the plant became operational in September, Duong River company started selling water at this price, causing a stir among the public. Explaining the queries around the price, Do Thi Kim Lien, CEO of the management … [Read more...] about WHAUP’s investment in Duong River may not live up to expectations