On June 29 in Dong Nai, USAID and the Enterprises Development Agency under the MPI organised the workshop themed “Improving packaging technology and design to enhance competitiveness and efficiency”. At the workshop, businesses were updated on information about the latest design technology. Besides this, they received support to design suitable packages with their products to increase their value. One day earlier in Ho Chi Minh City, the two parties also organised a training workshop on the reduction of greenhouse gas emissions and initial solutions for businesses. Rasmus Nedergaard, an expert on sustainable strategic planning, introduced proactive solutions to reduce emissions for businesses. Other experts also introduced updated information on carbon markets, carbon trading, and existing solutions in Vietnam. The two workshops were part of the Vietnam Private Sector Competitiveness Enhancement Project (USAID IPSC) with a total budget of $36 million, which is currently … [Read more...] about USAID cooperates with MPI to ready enterprises for the future
Quant funds train sights on private equity market
Samsung Engineering acquires stake in water treatment company
The ceremony to sign the deal was held at the Intercontinental Landmark Hotel in Hanoi, and attended by executives from both companies, including Samsung Engineering Executive vice president GyuYeon Kang and DNP Water chairman Ngo Duc Vu. With this acquisition, Samsung Engineering holds a 24 percent stake in DNP Water, DNP Holding owns 53 percent and other stakeholders have 23 percent. DNP Water is a private enterprise that focuses on water supply business in Vietnam and is the largest private water treatment company in terms of capacity. It was spun off from the DNP Group, a manufacturer of plastic pipes, in 2017. Since then it has been growing in the water treatment business by buying private water supply assets and developing new businesses. (From L) Nguyen Van Hieu, DNP Holding CEO, Kang Gyu-yeon, Samsung Engineering EVP and Ngo Duc Vu, DNP Water Chairman at the signing ceremony. Photo by Samsung Engineering The Asian water treatment market is shifting from … [Read more...] about Samsung Engineering acquires stake in water treatment company
Legislature backs Vietnam-U.K. education cooperation: top legislator
Addressing the forum, Hue stated education is a leading national policy in Vietnam, identified as one of the three breakthroughs to implement the nation’s socio-economic development strategy. Every year, Vietnam spends 20% of its national budget on education and training. He said to create a strong transition in human resource development, Vietnam has determined that it is necessary to actively carry out international integration and promote foreign investment attraction in education for quality improvement. With the country’s law made to facilitate businesses in the sector, Vietnam has to date attracted more than 500 foreign-funded educational projects worth 4 billion USD. Despite challenges and difficulties, room remains extensive for investing in Vietnam’s education, Hue affirmed. He wished the bilateral educational cooperation will be concretized through impressive numbers, and recommended the two sides pay attention to step up exchanges of students and lecturers as well as … [Read more...] about Legislature backs Vietnam-U.K. education cooperation: top legislator
New milestone in Vietnam’s relations with Hungary, UK
The five-day visits of Vietnam’s National Assembly Chairman Vuong Dinh Hue to Hungary and the UK marked a new milestone in bilateral relations, eventually contributing to the Vietnam-EU partnership. The Chairman’s official visit to Hungary was significant amid the 72nd anniversary of diplomatic relations and approaching the five-year mark of the comprehensive partnership (2018 – 2023). In addition, Hungary was Vietnam’s first comprehensive partnership in Central and Eastern Europe, as the former has been actively supporting Vietnam in both multilateral frameworks and also in Vietnam-EU relations. NA Chairman Vuong Dinh Hue and Hungarian Prime Minister Viktor Orban. Source: VNA It was noted worth mentioning that Hungary was the first among EU members that ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). Chairman of the NA’s Foreign Affairs Committee Vu Hai Ha said meetings between Chairman … [Read more...] about New milestone in Vietnam’s relations with Hungary, UK
Libraries race for digital transformation to promote reading culture
Students are reading books in their high school library Regularly going to the General Science Library of Ho Chi Minh City with his friends, student Tran Minh Nam of the University of Social Sciences and Humanities under the Vietnam National University in Ho Chi Minh City said that he is paying attention to a digital library, also called an online library because he will continue studying after graduation. Digital libraries help him to save travel time and are a trend that needs to be updated with modern applications to meet the needs of readers. Vietnamese Prime Minister issued a decision approving the Program on the digital transformation of the library industry to 2025, with orientation to 2030 on February 21, 2022. In which, the target by 2025, all public libraries will be invested by the State, together with the National Library, the public libraries of provinces and centrally-run cities, to complete and develop digital infrastructure, digital data, and interoperability for … [Read more...] about Libraries race for digital transformation to promote reading culture
Vietjet reopens Hanoi – Busan (RoK) air route
A Vietjet flight (Source: Vietjet) Hanoi (VNA) - Budget airline Vietjet Air on July 1 resumed its air route linking Hanoi and Busan, a beautiful coastal city in the Republic of Korea (RoK). Initially, Vietjet will operate three return flights per week on Wednesdays, Fridays and Sundays, which will be made daily from July 12. On the occasion, the airline has offered a an unprecedented price of 280,000 VND (12 USD) per leg, excluding taxes and fees, for tickets in air routes between Vietnam and the RoK. Tickets are available for sale with many promotions every day on website www.vietjetair.com, Vietjet Air mobile app, Facebook www.facebook.com/vietjetvietnam or nationwide and international tickets offices and official agents. In particular, when booking and paying via Vietjet SkyClub, passengers can enjoy free payment fees. Not only having beautiful beaches with stretching white sand and charming natural scenery, the coastal city of Busan is also an endless shopping … [Read more...] about Vietjet reopens Hanoi – Busan (RoK) air route