Q basics value stream

Double digit export growth According to the Hanoi People’s Committee, the export turnover of goods in June 2022 reached about US$1.517 billion, up 6.8 percent from May 2022 and 17.5 percent from June 2021. In the first half of this year, the commodity exports turnover reached US$8.3 billion, up 17.1 percent over the first half of 2021. Some key items with increased export turnover in this period included textile and garment, reaching US$1.22 billion, up 29.6 percent; computer components and peripherals, US$1.072 billion, up 20.2 percent. The total import turnover of goods hit US$3.675 billion in June and US$20.5 billion in the first six months of 2022, the latter of which is 24.5 percent higher than the same period in 2021. Among the items of highest value were machinery, equipment and spare parts reaching US$2.996 billion, down 5.6 percent; petroleum US$2.934 billion, 2.8 times higher than the same period in 2021; computers, electronic goods and components at US$1.535 … [Read more...] about Hanoi helps firms implement trade deals

illustrative photo With the message ‘Asian seafood house’, the Vietfish 2022 International Seafood Exhibition organized by the Association of Seafood Exporters and Producers - VASEP will take place from August 24 to 26, 2022 at the Saigon Exhibition and Convention Center (SECC) at 799 Nguyen Van Linh in Ho Chi Minh City’s District 7. The event will see the participation of nearly 200 units with 362 exhibition booths in various fields. The Vietfish 2022 not only connects leading enterprises in the quality of shrimp, fish, and mollusks but also businesspersons can collect the latest information and achievements in seed, animal feed, biological products, equipment technology, production and processing. Attendees can experience directly the models, and technology and directly evaluate the quality of seafood through fresh or ready-made products at the booth. Additionally, Vietnamese consumers will have the opportunity to learn and enjoy 100 percent Vietnamese seafood products … [Read more...] about International Fisheries Exhibition-Vietfish 2022 returns to HCMC from August 24

The Best Companies to Work for in Asia Award is a prestigious international award presented annually by HR Asia to honour businesses with outstanding human resource policies, attractive remuneration, leading culture and working environment, and regularly organised internal activities to connect employees. To achieve this prestigious Asia's Best Place to Work award, businesses need to go through three rounds of surveys with rigorous evaluation criteria, proving that it has created a highly cohesive working environment. At the same time, the businesses must be evaluated by their own employees as one of the businesses with the best working environment in Asia and one of Asia's selected excellent employers. HR Asia’s representative presented the award to Nguyen Bach Kim Vy, deputy CEO of NovaGroup Operations At the award ceremony, Nguyen Bach Kim Vy, deputy CEO of NovaGroup Operations said that the award contributes to asserting the correct and effective HR strategy … [Read more...] about NovaGroup awarded Best Workplace in Asia 2022 by HR Asia Magazine

Vietnam and Qatar yesterday signed an agreement on visa exemption for their diplomatic and official passport holders. Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani sign the agreement on August 14. Photo baoquocte.vn The agreement was signed during talks yesterday between Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn and his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al-Thani during the latter’s visit to Vietnam. Minister Sơn emphasised that the visit, the first of its kind by the Qatari minister, is an important milestone in the bilateral relations between the two countries, especially as the two have recently successfully organised the second political consultation between the two foreign ministries and will celebrate the 30th anniversary of the establishment of diplomatic relations between the two countries in 2023. The two ministers highlighted the need to … [Read more...] about Vietnam, Qatar mutually waive visas for diplomatic, official passport holders

Illustrative photo (Source: VNA) Hung Yen (VNA) – The Management Board of Industrial Parks in the northern province of Hung Yen has so far this year recorded about 322.9 million USD worth of new capital and that added to existing projects. There were a total of 15 new projects and 23 existing ones with added capital. In July alone, the figures were four and two, respectively, with their total value topping 49.6 million USD. The board said it has regularly supported investors in running their projects and business operations. To date, Hung Yen’s industrial parks house 434 operating projects, including 246 foreign-funded ones. Businesses in these parks are hiring some 76,000 employees. Illustrative photo (Source: baohungyen.vn) The province boasts a favourable location and transport conditions as it borders the capital city of Hanoi and is close to Noi Bai airport./. VNA … [Read more...] about Hung Yen’s industrial parks attract nearly 323 million USD

MANILA -- About 2.3 million people in the Philippines were pushed into poverty between 2018 and 2021, largely due to the economic downturn caused by the pandemic, the statistics agency said on Monday. The number of people living in poverty in 2021 rose to a total of almost 20 million or 18.1% of the population from 16.7% in 2018, the Philippine Statistics Authority (PSA) said, overshooting the government's target of 15.5%-17.5%. Recently inaugurated President Ferdinand Marcos Jr aims to slash the poverty rate to 9% by the end of his single six-year term in 2028 - a target that remains achievable despite soaring inflation, according to Economic Planning Secretary Arsenio Balisacan. He said the government's strategy will focus on fully reopening the economy, investing in human capital and social protection, and transforming production sectors to generate more and quality jobs and competitive products. "We can reduce poverty incidence by 5 percentage points at midterm, and … [Read more...] about Pandemic pushed millions more into poverty in the Philippines: govt