Vietnamese Ambassador to the Czech Republic Thái Xuân Dũng speaks at the event. — VNA/VNS Photo PRAGUE — The Vietnamese Embassy together with the association of Vietnamese enterprises in the Czech Republic earlier this week held a forum on promoting trade and investment between the nations. Speaking at the event, Vietnamese Ambassador to the Czech Republic Thái Xuân Dũng highlighted the importance of trade and investment promotion, particularly when both countries and others are seeking solutions for post-pandemic recovery. He said the forum aimed to help participating firms discuss issues related to the EU-Việt Nam Free Trade Agreement (EVFTA) so that they could come up with more suitable business plans and strategies. Trade between the nations hit US$936 million in the first half of 2021, up 28 per cent on-year, thanks to both sides’ efforts and the EVFTA’s impact. Participants focused their discussion on opportunities for Vietnamese enterprises with the coming-into-force … [Read more...] about Forum promotes Việt Nam-Czech Republic trade, investment
Vietnam remains steadfast on pursuing bilateral economic relations with the US towards harmonization and sustainability, according to the Ministry of Foreign Affairs. Any possible US probe into plywood imports from Vietnam should be fair, according to Le Thi Thu Hang, spokesperson of the Vietnamese Ministry of Foreign Affairs (MoFA). US probe into Vietnam plywood imports should be fair. “Such an investigation should take into account international and World Trade Organization (WTO) practices, as well as the sound economic – trade relations between Vietnam and the US,” Hang said at a press conference on June 11, adding it needs to ensure rightful benefits of law-compliant enterprises and customers from the two countries. Hang noted bilateral trade turnover in 2019 hit nearly US$76 billion, up 26.2% year-on-year. Vietnam remains steadfast on enhancing bilateral trade – economic – investment relations with the US towards building harmonious, sustainable and … [Read more...] about US probe into Vietnam plywood imports should be fair: Spokesperson
After acquisition of Mobicast and Reddi, can Masan become the “Reliance Jio” of Vietnam? On September 21, The Sherpa, a subsidiary of Masan Group Corporation, announced an investment of $13 million to acquire a 70-per-cent stake in mobile virtual network operator (MVNO) Mobicast and officially expand to the telecommunications sector. This is Masan's first step into the digital services sector. Mobicast's services target tech-savvy customers with great demand for data usage and digital lifestyle. As a result, the startup can help Masan to complete its offline-to-online offerings of necessities and financial services. An MVNO offers a fast and cost-efficient system to build transmission and reception network infrastructure. Besides this, an MVNO is considered a catalyst for competition in the mobile telecommunications market. MVNO players will develop value-added services on mobile devices, helping to improve quality and diversify experiences. It is estimated that necessities … [Read more...] about After acquisition of Mobicast and Reddi, can Masan become the “Reliance Jio” of Vietnam?
The inevitable thirst for talents in digital transformation is everyone’s business According to a 2018 survey of the International Data Corporation, the digital transformation is a must-have keyword in the development strategy of many businesses. Along with that, the pandemic has become a catalyst forcing enterprises to step up their digital transforming applications as they had no other choices but to work, connect, and manage their workforces remotely. Numerous companies have reshaped their operations by implementing technology in every department and getting used to the online data system to cope with this new reality. However, some people missed a crux of the whole problem – the pressure upon the IT department, in which the software and system developers play a vital role in the smooth operation of businesses during the digital transformation. That leads to escalation in the already high demand for talents in this field, turning it into a talent thirst in the HR system. … [Read more...] about Navigating the acute talent shortage for digital transformation
A little boy and his grandmother have called for help to overcome difficulties after losing two family members to Covid-19. Five-year-old Le Gia Phat left for HCM City with his mother, brother and grandparents four years ago after his parents went bankruptcy and his father was sent to prison. The family wanted to find better opportunities in the big city. But when Covid-19 broke out, Phat's mother, Nguyen Hong Phuong, became unemployed and the whole family depended on his grandfather's modest income as a company guard. His seven-year-old brother was then sent to live with their paternal grandmother in Can Tho City. Le Gia Phat Unfortunately, his whole family tested positive for Covid-19 and quarantined. Phat was discharged first and had to live with his aunt. Phat kept asking for his mother and grandparents but no one could tell when they could go home. One day, Phat suddenly looked at the phone and cried, "My mother had probably died." … [Read more...] about Little boy in need after losing mother to Covid-19
At the event (Photo: VNA) Hanoi (VNA) – A webinar entitled “Revival under the ‘New Normalcy’: Hong Kong-Vietnam Partnership” was held recently to seek ways to bolster trade cooperation and investment between Vietnam and Hong Kong (China). The event, jointly held by the Ministry of Industry and Trade of Vietnam and the Commerce and Economic Development Bureau (CEDB) of Hong Kong, was to help businesses of the two sides connect, find cooperation chances and ease negative impacts of COVID-19. Speaking at the event, Deputy Minister of Industry and Trade Tran Quoc Khanh underlined that the holding of the webinar amid the COVID-19 pandemic is necessary to share difficulties and seek solutions and orientations to support trade and investment activities of Vietnamese and Hong Kong firms. Hong Kong is an important partner of Vietnam and the two sides have ample room to step up cooperation and tap on advantages of each economy in the coming time, especially advantages Vietnam has … [Read more...] about Webinar looks to bolster Hong Kong-Vietnam partnership amid COVID-19