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Vietnamese Ambassador to the UK Nguyen Hoang Long delivers a remark at Meet Vietnam in Nottingham. (Photo: VNA) London (VNA) – The Trade Office of Vietnam in the UK in collaboration with the British importer of oriental food EUTEK Group has hosted Meet Vietnam in Nottingham to introduce Vietnamese products and promote opportunities for trade and investment between Vietnam and the British city. The July 1 event attracted officials and enterprises from both sides. In her remarks, Lord Mayor of Nottingham Wendy Smith described her city as a dynamic economic hub where many Vietnamese people are residing and studying. Nottingham welcomes all Vietnamese companies and investors, she affirmed, hoping that the economic and trade relations between the two sides will grow further in the coming time. Lord Mayor of Nottingham Wendy Smith speaks at the event. (Photo: VNA) Vietnamese Ambassador to the UK Nguyen Hoang Long, for his part, said there is plenty of room for the … [Read more...] about Meet Vietnam comes to UK’s Nottingham to promote trade, investment

The July 1 event attracted officials and enterprises from both sides. In her remarks, Lord Mayor of Nottingham Wendy Smith described her city as a dynamic economic hub where many Vietnamese people are residing and studying. Nottingham welcomes all Vietnamese companies and investors, she affirmed, hoping that the economic and trade relations between the two sides will grow further in the coming time. Vietnamese Ambassador to the U.K. Nguyen Hoang Long, for his part, said there is plenty of room for the relations between Vietnam and Nottingham to expand. Nottingham is home to a large Vietnamese community, and many Vietnamese students are pursuing education at two major universities here – University of Nottingham and Notting Trent University, he said, emphasising that they will act as a bridge to further develop the bilateral partnership. With enthusiastic support from the government of Nottingham for trade and investment between the two sides and exchanges between their … [Read more...] about Meet Vietnam comes to U.K.’s Nottingham to promote trade, investment

According to Berly D. Alvarez, chairman of the Philippines’s Kaunlad Lending Investors Corporation and a speaker at the 2018 Horasis Asia Meeting held recently in Binh Duong province, Vietnam’s ability to attract FDI is due to its consistent economic reform, a young and increasingly urbanized population, affordable labor, constant improvements to its business climate, and political stability. The fact that it hosted the 2017 APEC meetings highlights its regional economic integration and steadily improving business climate, he added. Vietnam has been attracting investment in infrastructure, including power projects, road and rail construction and renewable energy. Don Lam, CEO of VinaCapital, said Vietnam’s economy remains strong with 6.6 percent growth targeted next year, inflation remaining under control and manufacturing expanding. “More foreign investment is expected to flow into Vietnam in the coming time.” Pakpoom Vallisuta, chairman of The Quant Group Corporation, a … [Read more...] about Vietnam a regional FDI magnet say experts

Workers at a data centre of ICT group CMC Corporation (CMG) in Ha Noi. CMG rose 6.9 per cent last week. — Photo CMG Shares are forecast to return to the downtrend this week as market sentiment stays weak amid low liquidity and a lack of stability for long-term recovery. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index increased by 0.11 per cent, to end at 1,198.90 points. An average of 544 million shares were traded on the southern exchange during each session last week, worth VND12.3 trillion (US$527.6 million). In the second quarter of 2022, the average trading value of shares reached more than VND17.1 trillion each session on HoSE with the average trading volume reaching more than 589.15 million shares, corresponding to a decrease of 20.02 per cent in value and 18.33 per cent in volume over the same period in 2021. “Cash flow, in general, is still cautious, and the weakening signal at the resistance zone of 1,200 – 1,220 points is still putting great pressure on … [Read more...] about Shares to return to downtrend amid low liquidity

Chairman of Ho Chi Minh City People's Committee Phan Van Mai signs a regulation on the construction coordination of the Ring Road 3 Project in Ho Chi Minh City with leaders of three provinces of Long An, Binh Duong and Dong Nai at the conference. Regarding the investment capital, the HCMC People’s Committee submitted to the Prime Minister an adjustment of the central budget capital of VND17,146 billion (US$734.5 million) from the Ministry of Transport and allocated the unallocated central budget capital of VND 14,233 billion (US$610 million) to the provinces and HCMC for timely project implementation. Speaking at the conference, Director of Ho Chi Minh City Department of Transport Tran Quang Lam said that the People's Committees of three provinces and HCMC have directed departments, relevant agencies and units to implement component projects according to the assigned timelines under the direction of Deputy Prime Minister Le Van Thanh. Specifically, the Ring Road 3 investment and … [Read more...] about HCMC, three localities strengthen coordination to promptly implement Ring Road 3

National Assembly Chairman Vuong Dinh Hue (centre) speaks at the Vietnam - UK high-level forum on economy and trade in London on June 29. (Photo: VNA) Rome (VNA) – Some media agencies in Italy higlighted Vietnam’s economic links with Europe and achievements in ensuring human rights when covering a recent tour of some European countries by National Assembly Chairman Vuong Dinh Hue . In an article about Vietnam’s trade and investment links with Italy and Europe, the La Città Futura newspaper said Vietnam is effectively implementing the commitments in the free trade agreements with the EU ( EVFTA ) and the UK (UKVFTA). So far, key farm produce of Vietnam like peppercorn, cashew nut, vegetables, fruit, tea, and rubber have benefited from preferential tariffs in the EU, which is one of the five largest markets of Vietnam’s fishery products. La Città Futura noted Vietnam is a leading partner of Italy in Southeast Asia and also a helpful bridge linking the EU, including … [Read more...] about Italian media spotlight Vietnam’s economic ties with Europe, human rights achievements