Prime Minister Phạm Minh Chính (right) had talks with Intel CEO Patrick Gelsinger on Friday in Hà Nội. — VNA/VNS Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính applauded Intel’s decision to expand its investment in Việt Nam while receiving its CEO Patrick Gelsinger in Hà Nội on Friday. The PM spoke highly of the US firm’s engagement in the building of a digital economy and society in Việt Nam, which matches Việt Nam’s development priorities as well as the two countries’ relations. He asked Intel to continue investing in Việt Nam in both depth and breadth, noting that the Government is prioritising the investments applying high and clean technology and contributing to the development of digital economic infrastructure and high-quality human resources. PM Chinh also called for Intel to help the country create an ecosystem for innovation and startups, improve labour productivity, and diversify supply chains, adding that the Vietnamese Government is ready to support … [Read more...] about PM welcomes Intel’s investment expansion in Việt Nam
Supply chain business processes
Vietnam needs “green climate Doi Moi”: UNDP
Given net-zero commitments, Vietnam is now at a crossroads to transform routes that benefit both the economy and the environment. Vietnam’s climate commitment at COP26 requires development pathways to ensure the balance of both economy and environment that the United Nations Development Program (UNDP) called reforms. UNDP Resident Representative Caitlin Wiesen at the ceremony held in Quang Ninh Province on May 28. Photos: UNDP Vietnam would need a “Green Climate Doi Moi” to enable a green and inclusive economic rebound from Covid-19 as the country strives for a high-income level by 2045, while safeguarding the natural resources and environment for future generations, Caitlin Wiesen, UNDP Resident Representative, said today. This includes green, climate-resilient approaches to technology, capital markets, supply chains, business models, and the engagement of SMEs in innovation, Wiesen said at a national launching ceremony held on May 28 in response to World … [Read more...] about Vietnam needs “green climate Doi Moi”: UNDP
South Africa a potential market for Vietnam’s fishery products: official
Workers at a shrimp processing factory in Vietnam (Photo: VNA) Pham Thanh Hai, First Secretary at the Vietnam Trade Office in South Africa, told Vietnam News Agency reporters on the sidelines of a recent consultation on fishery exports to the African market organised by the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade (MoIT). Nearly three decades after the establishment of diplomatic relations, the Vietnam-South Africa cooperation has flourished with achievements in major fields of politics, diplomacy, national defence, security and trade, among others. Of note, South Africa is currently Vietnam’s largest trade partner in Africa as the average annual growth rate of two-way trade surpassed US$1.2 billion in the 2019-2021. Statistics from the MoIT indicated that the African nation mainly imported shrimp worth $3.17 million and frozen fish of $1.03 million from Vietnam last year. Bilateral trade remained stable despite negative impacts of Covid-19, … [Read more...] about South Africa a potential market for Vietnam’s fishery products: official
Apple looks to bump up production in Vietnam
Apple has been reliant on Chinese manufacturing for over a decade, with analysts estimating that 90 percent of its products are made by contract manufacturers in the country. This reliance has made Apple face considerable risks in ensuring stable supply, the journal said. In the meantime, it added, Apple factories in India have witnessed continuing strong sales. Vietnam and other Southeast Asian countries are ideal destinations for Apple to expand its supply chain. Vietnam currently houses 31 factories producing and assembling electronic parts and equipment for Apple products, such as cameras and screens. According to Wall Street Journal, if Apple’s idea becomes true, manufacturing facilities outside China, including those in Vietnam, would become large-scale production centers of the US tech giant./. VNA … [Read more...] about Apple looks to bump up production in Vietnam
Hanoi builds safe agricultural production areas
Nguyen Giap Dong, head of the Ba Vi District Economic Division, said that the district currently maintained a safe tea production area spanning 1,550ha and productivity of 10.5 tons per hectare per year. The output for the whole year is estimated at 16,275 tons of fresh buds, worth VND 350 million (USD 14,900) per hectare per year. To help farmers maintain and expand safe production areas, Ba Vi district has supported and created favorable conditions for localities to innovate technology, ensure raw material sources and well manage tea quality. It builds trademarks, product brands protected by intellectual property; builds good models of safe tea production and processing following Vietnamese Good Agricultural Practices (VietGAP) process. Thanks to that, the district has successfully built the Ba Vi tea brand. In Dong Anh District, Nguyen Anh Dung, deputy chairman of the district People’s Committee, said that the district had 1,180ha of vegetable production area including more … [Read more...] about Hanoi builds safe agricultural production areas
HCMC strengthens cooperation with Laos’ Champasak Province
Governor of Champasak Province Vilayvong Bouddakham receives HCMC Party Secretary Nguyen Van Nen (Photo: SGGP) This is the third meeting between HCMC Party Secretary Nguyen Van Nen and the high-ranking delegation from Ho Chi Minh City and Lao sides during the working visit to Laos from May 25 to 29. Previously, Mr. Nguyen Van Nen held talks with Mr. Anouphap Tounalom, Secretary of the Party Central Committee, Secretary of the City Party Committee, and Chairman of the People's Council of Vientiane Capital. He also had a meeting with Secretary of the Provincial Party Committee, Governor of Savannakhet Province Santiphap Phomvihane. At the meeting with Secretary of the Provincial Party Committee, Governor of Champasak Province Vilayvong Bouddakham, Secretary Nguyen Van Nen expressed his gratitude to Laos and Champasak Province for supporting Vietnam, as well as Ho Chi Minh City in the fight against the Covid-19 epidemic. He said that the visit and work of the high-ranking … [Read more...] about HCMC strengthens cooperation with Laos’ Champasak Province