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More British investors look at Viet Nam to cash in on free trade agreements

August 18, 2022 by bizhub.vn

Electric motorbikes manufactured by Vinfast. Many UK businesses are looking into electric mobility industry in Viet Nam which is expected to grow by double digits in the next few years. — VNS Photo Mai Huong Many British investors are seeking investment opportunities in Viet Nam in the hope of cashing in on free trade agreements (FTAs) that Viet Nam has signed with the UK and other economies worldwide. The UK-Viet Nam Free Trade Agreement (UKVFTA), which officially took effect in May 2021, was one of the first trade deals inked by the UK after it left the European Union by the end of 2020, which reflected the importance of Viet Nam in the UK’s trade policy. Bilateral trade and investment between the two economies have grown significantly with a growth rate of 17 per cent last year. Data of the Foreign Investment Agency under the Ministry of Planning and Investment showed as of October 20, 2021, the UK had 439 valid projects amounting to nearly US$4 billion in registered … [Read more...] about More British investors look at Viet Nam to cash in on free trade agreements

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Earning its stripes: tech bid to crack tiger trade

August 18, 2022 by tuoitrenews.vn

In a town in northeastern Scotland, Debbie Banks looks for clues to track down criminals as she clicks through a database of tiger skins. There are thousands of photographs, including of rugs, carcasses and taxidermy specimens. Banks, the crime campaign leader for the Environmental Investigation Agency (EIA), a London-based charity, tries to identify individual big cats from their stripes. Once a tiger is identified, an investigator can pinpoint where it comes from. "A tiger's stripes are as unique as human fingerprints," Banks told AFP . "We can use the images to cross-reference against images of captive tigers that might have been farmed." Currently this is slow painstaking work. This photograph taken on April 10, 2019 shows Vietnamese Border Patrol officials holding a confiscated tiger skin and bones while the suspect Pham Van Hiep (2nd R) looks on at a Border Guard station in northern Vietnam's Quang Ninh province. Photo: AFP But a new artificial … [Read more...] about Earning its stripes: tech bid to crack tiger trade

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Vietnam keen on Israel’s experience in fields of strength

August 18, 2022 by www.sggpnews.org.vn

Pesident Nguyen Xuan Phuc (R) and former Prime Minister of Israel Ehud Barak (Photro: VNA) During a reception for former Prime Minister of Israel Ehud Barak in Hanoi on August 17, Phuc said as a partner with friendship and comprehensive partnership, including in national defence-security, Israel has become an important partner of Vietnam. Vietnam wishes to learn from Israel’s experience in choosing and training talents to build a strong country, he said. He suggested the two countries regularly maintain high-level visits and offer mutual support at international forums and organisations. With two-way trade of US$1.14 billion in the first half of this year, up 55 percent, the two countries need to further work on this field, he said. As Vietnam is performing the policy of building a sustainable digital society by 2025, with a vision to 2030, the country wants to learn from Israel’s experience in ensuring security and national sovereignty over cyberspace, he said. The host … [Read more...] about Vietnam keen on Israel’s experience in fields of strength

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