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To promote its development, he asked the park to continue identifying measures to welcome shifting foreign investment, step up cooperation with universities and research institutes in training and technology transfer, and enhance ties with foreign hi-tech and industrial parks to boost its potential and access to major investors. … [Read more...] about US$3.9 bln channelled into Hoa Lac Hi-Tech Park

Hanoi (VNA) – Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop held in Hanoi on January 26. Vo Huu Hien, Vice General Director of the Ministry of Finance’s Department of Debt Management and External Finance, made the statement, adding that the effective management has transformed Vietnam from a poor and heavily indebted country into a one receiving international organisations’ recognition as having a controlled external debt level and being excluded from the group of countries with a debt burden. According to data from the ministry, the public sector’s proportion in the structure of the national external debt decreased from 73.6 percent in 2010 to 63.4 percent in 2015 and 43.7 percent in 2020. The Government’s foreign loans are mainly official development assistance and concessional loans. To date, Vietnam has signed more than 85 billion USD worth of these loans. … [Read more...] about Progresses seen in Vietnam management of national foreign debts: workshop

On January 26, VinCSS LLC (a member of Vingroup) introduced VinCSS FIDO2 Cloud as a passwordless powerful authentication cloud service following the announcement of a series of FIDO2-certified products and services with powerful authentication in compliance with international standards. This is the first powerful authentication cloud service in Viet Nam that helps customers integrate and apply powerful passwordless authentication into their digital ecosystem quickly and easily at the most reasonable cost. … [Read more...] about Vingroup to launch Vietnam’s first powerful authentication cloud service

Don Lam, deputy head of Vietnam’s Private Economic Development Research Board, said that the two countries are seeing positive figures in trade relations with Vietnam’s imports from India rising 65 percent between 2017 and 2020 to reach $4.5 billion. … [Read more...] about Indian investment in Vietnam yet to match potential: official

In the first ten months of 2020, Japan imported 11,030 tonnes of sweet potatoes worth USD13.86m, a decrease of 6% and 15.2% respectively compared to the same period in 2019. The average import prices for potatoes in Japan was USD1,257 a tonne, a 9.7% decrease According to the International Trade Centre, the demand for sweet potatoes in Japan is still very high. China is the biggest seller to Japan with 5,300 tonnes of sweet potatoes in the first ten months of 2020, an increase of 11.9% on last year and accounted for 48.4% of Japan's total imported potato values. Vietnam is in second place with 3,500 tonnes of sweet potatoes, a decrease of 19.4% compared to the same period last year. Indonesia is in third place with 2,260 tonnes, a decrease of 16.5% on last year. However, Vietnam's sweet potatoes are at highest prices of USD2,047 a tonne while sweet potatoes from Indonesia and China were sold at USD1,461 and USD650 a tonne. Sweet potatoes are one of the main crops in Binh Tan … [Read more...] about Vietnam boost sweet potato exports