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Visitors at the event (Photo: VNA) HCM City (VNA) – The 14th Saigon Autotech & Accessories 2018 opened on May 24 at the Saigon Exhibition and Convention Centre in Ho Chi Minh City with 300 booths organised by leading domestic and foreign firms in automobile and motorbike, spare part and accessories manufacturing. Addressing the opening ceremony, Pham Tuan Anh, Vice Director of the Department of Industry under the Ministry of Industry and Trade, said that the event is a good chance to connect manufacturers, suppliers and service providers and customers. The exhibition is hoped to create an opportunity to introduce latest products, technology and equipment in the field, he said. Anh held that support industry for Vietnam’s automobile sector has been initiated, but still can supply simple parts with low technology ratio. Meanwhile, there are rooms for the industry to develop, he added. He stressed that in the future, it is necessary to increase activities to promote … [Read more...] about Saigon Autotech & Accessories 2018 kicks off in HCM City

Hanoi, (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 17. – Prime Minister Pham Minh Chinh reaffirmed the importance of developing high-quality human resources for agriculture, while attending an innovation event and job fair of the Vietnam National University of Agriculture (VNUA) in Hanoi on August 17. The Government leader and others visited an exhibition of scientific and technological models and products by the VNUA’s businesses and partners. Read full story – Deputy Prime Minister Vu Duc Dam on August 17 asked the Ministry of Culture, Sports and Tourism (MCST) to review the operation of household businesses in the tourism sector affected by the COVID-19. The ministry should coordinate with core travel firms to form key routes connecting localities, the official said at a meeting of the State Steering Committee for Tourism in Hanoi which assessed the implementation of tourism recovery solutions. Read full … [Read more...] about ☕ Afternoon briefing on August 17

The Vietnamese delegation, led by General Ngo Xuan Lich, member of the Politburo, Deputy Secretary of the Central Military Commission, Minister of National Defense, attended the conference. The conference focused on global and regional security issues, counter-terrorism, security in Europe and the Middle East, the situation in the Asia Pacific region, and the role of multilateral cooperation mechanisms in dealing with challenges. Russian President Vladimir Putin sent to the conference a message, which was read by Nikolai Patrushev, Secretary of the Security Council of Russia, at the opening ceremony of the conference. In his opening remarks, General Sergei Shoigu, Russian Minister of Defense, reviewed issues in Russia’s relations with NATO, countries inside and outside the region, and traditional partners in Asia Pacific. He stressed that Russia’s strategic partnership with China, India, Vietnam, Laos, and Myanmar is practical, and Russia is promoting partnership with Brunei, … [Read more...] about Seventh Moscow Conference on International Security opens

The approval of Vietnam’s circular economy development plan, announced in June, aims to help reduce greenhouse gas emissions by 15 per cent of GDP by 2030 (as compared to 2014). The commitment at COP26 by Vietnam to achieve net-zero carbon emissions by 2050 is considered the main call for investment into green technologies and friendly-environmental projects, as well as approval of plans such as the aforementioned circular economy one. These messages have sent a strong signal regarding the country’s direction towards low-carbon, green development, and a circular economy, and could be a new driving force for Vietnam’s sustainable socioeconomic development, helping to improve its competitiveness and foreign direct investment (FDI) into the country. While governments have committed to lowering CO2, companies are also following suit for the good of the planet, Photo: Shutterstock As a result, numerous groups have made decisions in terms of investment and other operations … [Read more...] about Green standards top policies for fresh foreign ventures

On August 12, the Danang People's Committee in collaboration with State Committee for Overseas Vietnamese Affairs (SCOV) held a seminar in Ho Chi Minh City to introduce Danang’s investment climate. The event attracted overseas Vietnamese to participate online from 19 countries and territories including the United States, Canada, Japan, South Korea, China, Taiwan, Australia, Germany, Russia, Poland, Slovakia, England, France, Italy, Belgium, Switzerland, Hungary, Thailand, and Mongolia. The event also saw the participation of 100 enterprises run by Vietnamese abroad. At the seminar, Do Thi Quynh Tram, deputy director of the Investment Promotion and Support Department shared a report about Danang’s strategies for development and called for investment in the city. The report covers preferential policies as well as projects calling for investment in the fields of high-tech industry, IT, supporting industries, and industrial park infrastructure construction. She also … [Read more...] about Overseas Vietnamese strengthen Danang’s investment climate