Viet Nam News HÀ NỘI — The Việt Nam sports delegation members are ready to compete in the Summer Youth Olympic Games (YOG) to be held October 6-18 in Buenos Aires, Argentina. Việt Nam will have 13 athletes at the Games, playing in seven sports including badminton, gymnastics, taekwondo, dance sport, weightlifting, swimming and athletics. According to Trần Đức Phấn, Deputy Director General of Việt Nam Sports Administration, Việt Nam aim to earn at least one gold at the upcoming event, focusing on swimming, weightlifting and taekwondo. The golden hopes are taekwondo martial artist Hồ Thị Kim Ngân, who won the gold medal at the World Youth Taekwondo Championship in the women’s U-49kg and swimmer Nguyễn Huy Hoàng, who won the silver medal at the recent Asian Games in Indonesia in the men’s 1,500m. Việt Nam have taken part in two YOG events in 2010 and 2014 At … [Read more...] about Việt Nam ready to compete in Youth Olympics in Argentina
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Việt Nam to promote seafood exports to Brazil
Viet Nam News HÀ NỘI — Brazil holds a lot of potential as an export market for Việt Nam’s seafood products now and in the future, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP). Việt Nam has become one of the three largest white-fleshed fish suppliers for Brazil, with the export value of tra fish to the market reaching US$104.7 million in 2017, up 54 per cent against 2016. The VASEP said Brazil, which has annually imported more than $1 billion in seafood products since 2012, is now one of the largest markets for Việt Nam’s tra fish. This is a highly potential market in South America for Việt Nam’s seafood products, especially tra fish, according to the association. Việt Nam’s exports of seafood products to Brazil have risen over the past few years. In the first months of 2018, Brazil was still one of the most important markets of Việt … [Read more...] about Việt Nam to promote seafood exports to Brazil
Việt Nam, France agree to cooperate in building smart cities
Viet Nam News HCM CITY — Việt Nam and France have agreed to work together in urban development and building smart cities, with a focus on exchange of information and expertise in the fields, an official said at a Việt Nam-France Smart and Sustainable City Cooperation Forum held yesterday in HCM City. Trần Vĩnh Tuyến, Vice Chairman of the city People’s Committee, noted that the two countries were celebrating 45 years of diplomatic relations and the fifth anniversary of a strategic partnership between Việt Nam and France. “Both countries will work to develop a strategic framework to seek opportunities in smart and sustainable city development in both countries,” he said. During the event, a Memorandum of Understanding (MoU) on management of air quality was signed between the city and the French Consulate. The agreement is expected to help HCM City enhance its capacity to tackle air pollution, contributing to … [Read more...] about Việt Nam, France agree to cooperate in building smart cities
Việt Nam values business, diplomatic ties with Japan
Viet Nam always considers the Japanese business community a leading strategic partner in the process of restructuring its economy, as well as in improving the growth, quality and competitiveness of the country, said State President Tran Dai Quang at the Viet Nam Investment Promotion Conference in Tokyo on May 31. Speaking at the event, organised by Japan External Trade Organisation (JETRO), which saw participation from representatives of some 600 Vietnamese and Japanese businesses, Quang said that Viet Nam’s consistent policy is to co-operate with Japan based on 45 years of shared interests in geography, politics and strategic economics. Quang stressed that towards achieving the goal of modernisation, Viet Nam was in great need of a modern and synchronous infrastructure system, as well as an advanced education system, which are present in Japan. Japanese businesses could expand co-operation and investment in Viet Nam, especially in the fields of manufacturing, modern agriculture, … [Read more...] about Việt Nam values business, diplomatic ties with Japan
Viet Nam’s securities market may get ‘emerging status’
Viet Nam’s securities market may be upgraded to the emerging market status from its current frontier market by 2020, according to the latest SSI Retail Research. Viet Nam’s securities market has satisfied MSCI’s quantitative requirements in terms of the market size and liquidity. However, qualitative conditions will be decisive factors for an upgrade.- Photo papi.vn The local securities market has grown rapidly and reached US$191 billion in total value by the end of March 2018, equivalent to 95 per cent of the GDP (gross domestic product) in 2016 and up 24.7 per cent against 2017. It’s as large as the securities markets in the United Arab Emirates and the Philippines and even surpasses some emerging markets such as Qatar ($131 billion), Pakistan ($82 billion) and Egypt ($58 billion). Liquidity also increased sharply to an average of VND8.8 trillion ($386 million) per session in the first quarter, a growth of 80 per cent over the average of 2017. … [Read more...] about Viet Nam’s securities market may get ‘emerging status’