Việt Nam celebrate winning the AFF Cup 2018. Việt Nam have been drawn in Group B for the rescheduled AFF Cup 2020. Photo baochinhphu.vn Football HÀ NỘI — Việt Nam have discovered who they will face as they begin their defence of the AFF Cup. They have been drawn in Group B and will play Malaysia, Indonesia, Cambodia and Laos after the draw was made by the ASEAN Football Federation (AFF) in Singapore yesterday. Group A consists of Thailand, Myanmar, the Philippines, Singapore and Brunei or Timor Leste. The play-off match for the final place between Timor Leste and Brunei will take place on December 1. The draw saw Timor Leste confirmed as the away team in the one-off game. Last year, the AFF decided to postpone the AFF Cup 2020 due to the spread of COVID-19 but now it is rescheduled to be held from December 5, 2021 to January 1, 2022. Currently, the AFF is still actively working with member federations and co-operative units to decide on a neutral venue for … [Read more...] about Việt Nam in Group B of AFF Cup 2020
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Senior Minister and International Trade and Development Minister of Malaysia Datuk Seri Mohamed Azmin Ali (Photo: malaymail.com) Kuala Lumpur (VNA) - Malaysia has given its commitment to complete the Regional Comprehensive Economic Partnership (RCEP) ratification process by mid-December this year. Senior Minister and International Trade and Development Minister Datuk Seri Mohamed Azmin Ali said the ratification process is pursuant to the agreement signed by 15 countries, comprising 10 ASEAN member states and five free trade agreement (FTA) partners, at the Fourth RCEP Summit on November 15 last year. He said based on the provisions of the RCEP Agreement, it will come into force 60 days after at least six ASEAN member states and three ASEAN FTA partners submitted the instruments of ratification to the ASEAN Secretariat. "To date, countries that have ratified the agreement include Singapore, China and Japan. Myanmar has sent the instrument of ratification to the ASEAN … [Read more...] about Malaysia committed to ratifying RCEP by December
A screenshot of a virtual press conference on the Indonesia- Latin America and Caribbean Business Forum (INA-LAC Business Forum) on September 20, 2021. (Photo: ANTARA) Jakarta (VNA) - Indonesia will continue to promote economic cooperation with Latin America and the Caribbean through the Indonesia-Latin America and Caribbean Business Forum (INA-LAC Business Forum) slated for October 14-15, according to an official of the Indonesian Foreign Ministry. "As a country with the biggest economy in Southeast Asia, Indonesia has the potential to take advantage of the Latin American and Caribbean economies," director general of America and Europe at the Ministry of Foreign Affairs, I Gede Ngurah Swajaya, said at a virtual press conference on September 20. He said the potential of the Latin America region, whose gross domestic product (GDP) has reached 4.8 trillion USD, and Indonesia, whose GDP has been recorded at more than 1 trillion USD, should be optimised through … [Read more...] about Indonesia to promote economic cooperation with Latin America
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?
An MRC press release said Tuesday that a major joint study undertaken by all the six Mekong riparian countries will examine changes in hydrological conditions found in the Mekong River Basin. The study was approved at a virtual meeting of the Mekong River Commission (MRC) and its Dialogue Partners. The annual 25th Dialogue Partners meeting on September 17 was attended by MRC members Cambodia, Laos, Thailand and Vietnam as well as representatives from China and Myanmar. The joint study's approval followed an earlier green light by the MRC Joint Committee and Joint Working Group of Lancang-Mekong Cooperation (LMC) Water Center on Lancang-Mekong Water Resources Cooperation. Phonepaseuth Phouliphanh, Acting Chairperson of the MRC Joint Committee for 2021, said the need for the joint study was underscored by the Mekong River Basin’s increasing propensity for floods and droughts, which have been attributed to adverse changes in climate and water infrastructure. He said the study … [Read more...] about China joins study of Mekong River hydrological changes
Online platforms will help Vietnamese businesses expand their foothold in the foreign market. Vietnamese furniture exporters have been grasping opportunities to expand their foothold in the foreign market as the country is a member of multiple trade deals including the CPTPP and EVFTA, being emerged as an attractive alternative option. Making wooden products in a facility in Ung Hoa District, Hanoi. Photo: Cong Hung Insiders have said that the challenges are huge, but the opportunities since the pandemic have been pushing major buyers in Europe, the US, or Japan to look beyond China. Local firms, however, would not be able to grasp such opportunities if they are unable to approach customers during the pandemic. Taking furniture to online platforms While the Covid-19 pandemic has been causing tremendous hardship for businesses over the world, the combination of traditional and online selling channels is expected to open the door for Vietnam’s wood … [Read more...] about Vietnam’s wood industry strives to extend its reach globally