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Healthcare focus for Brit investors through UVFTA

April 14, 2021 by www.vir.com.vn

1539 p12 healthcare focus for brit investors through uvfta
Representatives of Vietnam and the UK hand over notes confirming the date when the UKVFTA comes into force. Photo: VNA

Emily Hamblin, UK consul general in Ho Chi Minh City and trade director for Vietnam, said that May 1 is the next milestone to celebrate in the United Kingdom and Vietnam’s timeline of implementing the free trade deal (UVFTA), when the agreement will legally enter into force.

However, the benefits of it have already been in place for several months, being provisionally applied from January 1. Some 65 per cent of all tariffs have already been eliminated and this will increase to 99 per cent over the next six years. This equates to tariff savings of $134.65 million per year on Vietnamese exports to the UK by full implementation, and of $42.52 million per year on UK exports to Vietnam.

Among them, there are huge cooperation opportunities in the field of healthcare. Hamblin said that in an age of growing challenges from non-communicable diseases, and emerging threats from infectious diseases such as COVID-19, digital health has the potential to offer new solutions and alleviate pressure on overstretched health systems. Digital health technology can empower patients to actively participate in their care, improve clinical outcomes, and enhance operational efficiency.

Innovation and technology have touched many aspects of life in Vietnam and healthcare is no exception. In a concerted effort to embrace Industry 4.0, the Vietnamese government has committed to a national agenda that seeks to harness the potential of digital solutions across the healthcare system. This has set a solid foundation for digital transformation in Vietnam, and the UK shares many of the same aspirations.

“We seek to utilise digital innovation to expand equitable access to quality care, in line with United Nations Sustainable Development Goal 3 on good health and wellbeing. At the early stage of digital transformation, Vietnam has plenty of opportunities to avail of innovative solutions from the UK,” Hamblin stressed.

Meanwhile, Nitin Kapoor, chairman and general director of AstraZeneca Vietnam, said, “As AstraZeneca continually strives to put patients first, we appreciate the UVFTA that is helping to ensure continued access to our innovative and high-quality medicines for millions of Vietnamese patients.

British pharmaceuticals like AstraZeneca can enjoy the increased protection and enforcement of intellectual property rights, internationalised standards and technical regulations, and enhanced transparency of policies on government procurement and reimbursement, which in turn will allow us to better serve local patients.”

Kapoor stressed that the UVFTA entering into force is especially meaningful when the UK and Vietnam are looking forward to another decade of bilateral strategic partnership, cooperating ever more closely in numerous areas, including healthcare, to strengthen the livelihoods and economic prosperity of the people.

Indeed, a number of UK healthcare investors have started to set up their presence in Vietnam. Last year London-based Real Capital London launched a $156 million Hong Anh Medical Campus project in Ho Chi Minh City. The facility will be a state-of-the-art healthcare system incorporating a 462-bed hospital, a medical training centre, a network of general practice clinics and pharmacies, and senior residencies and nursing homes, adding much needed facilities and services to Vietnam’s healthcare system.

The project is divided into four stages, with the final phase expected to be completed by 2030. The fund’s vision is to build a state-of-the-art medical campus under British standards, offering the highest standards of healthcare in Vietnam

As of present, British investors have poured $3.87 billion across over 400 projects in Vietnam and is the 15th-largest foreign investor in the country. Established British actors already here include financial services companies like HSBC, Standard Chartered Bank, and Prudential; Jardines in real estate; and healthcare companies such as AstraZeneca, GSK, and Reckitt.

In the past decade, Vietnam and the UK already enjoyed a strong growth cycle – with bilateral trade growing on average 12 per cent per year. The UVFTA is built upon that strong basis and is opening the doors to increase capital flow between the two nations, according to Hamblin.

She stressed that the UVFTA provides better market access for services, as Vietnam has committed to opening up markets beyond that set out within the World Trade Organization’s baseline, which delivers greater market access for UK service providers. These and other measures set out in the FTA represent real benefits for both businesses and consumers.

In the same vein, Kenneth Atkinson, executive chairman of Grant Thornton Vietnam and a board member of Britcham Vietnam, said that the UVFTA is one of the first signed and entered into by the UK, after leaving the European Union last year. The agreement reflects the importance both the UK and Vietnamese government place on the strategic partnership and the growing importance of the bilateral relationship.

Atkinson expected that a reduction in regulatory barriers and red tape will attract UK investors to Vietnam, particularly in the healthcare space.

By Thanh Van

Filed Under: Corporate Healthcare, UVFTA, UK-Vietnam Free Trade Agreement, British healthcare investors, ..., riady scion steadies lippo with focus on property healthcare, focus on healthcare

VN rice exporters gear up to penetrate EU arena

October 8, 2020 by vietnamnet.vn

Vietnamese companies have been stepping up investment to boost rice exports to Europe – however, it remains a challenging task penetrate the market efficiently.

1512p9 rice exporters gear up to penetrate eu arena
Rice exporters gear up to penetrate EU arena

On September 22, Loc Troi Group JSC exported the first batch of 126 tonnes of fragrant rice to the EU. To reach this, LocTroi upped its planting methods and quality control for the EU market in 2018. So far, the company has exported over 10,000 tonnes of rice to the EU market.

Backed by the tariff exemptions under the new EU-Vietnam Free Trade Agreement (EVFTA), LocTroi chairman Huynh Van Thon said that the group aims to become one of the major rice exporters to the EU. The company will mobilise all its resources to satisfy the EU’s strict quality requirements, expanding its growing area and export volume and diversifying varieties.

Meanwhile, at the end of August Trung An Hi-Tech Farming JSC also exported its first batch of fragrant rice in line with EVFTA commitments. Pham Thai Binh, the company’s general director, said that the shipment is part of the company’s current contract to export 3,000 tonnes of rice to Europe.

Binh said the company made early preparations during the EVFTA negotiation process to increase its rice exports. Among them, food safety standardss were Binh’s focus as the bloc refuses products exceeding pesticide residue limits. Therefore, Trung An focused on international standards for planting, harvesting, preserving, and processing.

Elsewhere in 2019, Vinaseed also exported over 2,000 tonnes of rice to the EU with turnover of $2 million. The group inaugurated the Centre of Seed and Agricultural Product Processing Industry in Dong Thap province last year. Covering five hectares, the centre has capacity to process and preserve 100,000 tonnes of rice and 50,000 tonnes of seeds per year.

Nguyen Quang Truong, general director of Vinaseed said, “With modern lines and technology from Japan, the new centre can help us to produce rice meeting the EU’s rigorous inspection procedures, while preserving its natural taste.”

In addition, Vinaseed has also purchased an 800ha forest in Kien Giang’s Hon Dat district. The company will spend 3-4 years on preparing the land for agricultural use.

According to statistics from the Ministry of Planning and Investment, Vietnam’s rice exports to the EU reached over $1.2 million in August, up 93.5 per cent against July and 35.6 per cent on-year. Currently, many Vietnamese rice producers are negotiating new contracts with European partners.

While these efforts show the hard work of domestic companies in trying to raise their exports to the EU, it will remains tough to conquer the market for some time.

Quach The Phong, co-chair of the Food, Agri, and Aqua Business Sector Committee under EuroCham, said that rice and products thereof are a sensitive category in the EVFTA. The agreed export quota from Vietnam to the EU is set at 80,000 tonnes per year, including all types of rice. For comparison, in 2018 Vietnam exported only around 20,000 tonnes to the EU.

The EVFTA only helps with a fraction of the Vietnam’s total export volume, which is expected to reach 7 million tonnes this year. In the short-term, it is expected that there will be a positive price impact for the country’s rice exports. However, over the medium and long term, benefits include many aspects for improving technology transfer and trusts for a larger quota.

In addition to consumption rates, Vietnamese rice is facing tough competition from Thailand and Cambodia. Between September 2019 and March, the EU imported 30 per cent of its rice from Thailand and 27 per cent from Cambodia as well as 16 per cent from Pakistan, 15 per cent from India, and only 6 per cent from Vietnam, according to a report by the European Commission in April.

“Even though Vietnamese rice has advantages in terms of pricing, it is still difficult to change the consumption habits of European customers, which is likely to pose obstacles for local producers to fully take advantage of the EVFTA,” Binh said.

On the same note, Phong added that some firms able to export to the EU will have opportunities to strengthen their production locally as well as to understand and further adapt to EU standards as both the Ministry of Agriculture and Rural Development (MARD) and the Ministry of Industry and Trade are closely observing and regulating the export process to follow commitments.

“With the help of government bodies here, this can become a reality to improve the entire rice export industry. This initiative is also important since the MARD has identified that a value-based export direction for rice will be the future for Vietnam, rather than a volume-based one,” Phong stated. VIR

Thanh Van

Filed Under: Uncategorized evfta, vietnamese rice exporters, vietnam rice, rice export, Vietnam breaking news, Vietnam news, Vietnam latest news, vietnamese..., rice exporter in thailand, rice exporter countries, rice export cambodia, rice exporter pakistan, basmati rice exporters india, all india rice exporters association new delhi, delhi, how to export rice from india to other countries, blizzard gear eu, basmati rice export, basmati rice exporters in india

Hanoi gets to meet Thich Nhat Hanh’s calligraphy

April 14, 2021 by e.vnexpress.net

The “Huong Thom Que Me” (The Fragrance of Motherland) exhibition, held April 14- 26, displays 100 works of calligraphy in various languages including Vietnamese, English, French and Chinese.

The works reflect the Zen master’s love for Mother Earth, who nurtures and protects all sentient beings.

The exhibition takes its name from the title of a new book that features Thich Nhat Hanh calligraphy.

According to Eve Yuen, a Hongkong-based art critic, Hanh’s works are choreographic calligraphy that exude exquisite qualities, incorporating straight and solid lines as well as flowing curves in a balanced composition.

The works were earlier displayed in France, Germany, Canada, the U.S., Thailand, Taiwan, Hongkong, and Ho Chi Minh City.

Calligraphy works by Thich Nhat Hanh. Photo by VnExpress/Thanh Tuyen.

Calligraphy works by Thich Nhat Hanh. Photo by VnExpress/Thanh Tuyen.

The Zen master said he has done more than 10,000 calligraphic works since 1994. They have helped him demonstrate the art of mindful living to his students. They have become a source of donations supporting humanitarian projects in many developing countries.

“Writing calligraphy is a practice of meditation,” the Master has said.

“The way I do calligraphy, I do it in a certain way that can generate the energy of mindfulness, concentration, insight, and compassion during the time of practice.”

Thich Nhat Hanh, considered the second most influential Buddhist leader in the world after the Dalai Lama, studied and practiced Zen Buddhism from 1942.

Born in 1926, he became a monk at the age of 23 after studying Buddhism for seven years.

In the 1960s he spearheaded a movement by Buddhists in southern Vietnam that called for a negotiated end to the Vietnam War.

He left the country in 1966 and lived in Plum Village in southern France for decades, traveling regularly throughout North America and Europe to give lectures on mindfulness and peace.

Thich Nhat Hanh is also a celebrated poet and peace activist. He was nominated for the Nobel Prize by Martin Luther King, Jr. in 1967, and is the author of more than 100 books, including several bestsellers like the “The Miracle of Mindfulness.”

Filed Under: Uncategorized Thich Nhat Hanh, Zen, exhibition, Hanoi, Hanoi gets to meet Thich Nhat Hanh’s calligraphy - VnExpress International, thich nhat hanh 2019, thich nhat hanh spreuken, thich nhat hanh nederland, thich nhat hanh thuyet phap, five remembrances thich nhat hanh

Vietnam striving to quickly produce home-made COVID-19 vaccines

April 14, 2021 by en.nhandan.org.vn

The meeting was chaired by Deputy Prime Minister Vu Duc Dam, who is also head of the committee.

The board asked that favourable conditions continue to be created for the clinical test of COVID-19 vaccines, while plans of production should be put in place in order to quickly produce vaccines once the testing proves successful.

Hailing the Health Ministry for its vaccination efforts and dealing with post-vaccination reactions, the board directed the health, public security, and national defence ministries to continue closely controlling immigration pending a policy regarding “vaccine passports”.

Many at the meeting reiterated that prevention measures continue to play an important role in the current context.

Ministries, agencies, and localities are urged to direct medical stations, schools, lodging facilities, factories, and markets to remain vigilant and seriously follow prevention and control measures.

Vietnam reported 16 imported cases of COVID-19 on the evening of the same day, raising the national count to 2,733.

The new cases include one Indian expert, one American expert and 14 Vietnamese citizens who were sent to quarantine right upon their arrival.

Meanwhile, 2,445 COVID-19 patients have been given the all-clear, and the death toll remains at 35.

Among patients still under treatment, 16 have tested negative for the novel coronavirus once, 18 twice and 18 thrice.

A total 38,743 people who had close contact with COVID-19 patients or arrived from pandemic-hit areas are being quarantined across the country.

The Health Ministry continues to urge all people to follow the 5K motto – Khau trang (wearing facemask) – Khu khuan (disinfecting) – Khoang cach (keeping distance) – Khong tu tap (no gathering) – Khai bao y te (making medical declaration), in order to live safely amid the pandemic.

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