Netherlands donates ventilators and medical equipment to Vietnam The government and business community of the Netherlands will donate ventilators and medical equipment worth VND43 billion to help Vietnam combat COVID-19, Ambassador Elsbeth Akkerman told her host Prime Minister Pham Minh Chinh in Hanoi on September 10. She affirmed that the Dutch government attaches great importance to the comprehensive partnership and the strategic partnership on climate change adaptation, sustainable agriculture and water management with Vietnam. The relationship between the two governments and their business communities continues to develop effectively for the sake of the economy, people and planet, she said. The Ambassador thanked the Vietnamese Government and the Prime Minister personally for caring about the EU business community, including Dutch businesses in the context of the COVID-19 pandemic, and noted the two countries are having many opportunities and prospects to strengthen … [Read more...] about VIETNAM NEWS HEADLINES SEPTEMBER 11
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Vietnam continues to be attractive investment destination: HSBC The Vietnamese market will remain an attractive investment destination for foreign investors moving forward, the Hong Kong Shanghai Banking Corporation (HSBC) Vietnam said in its monthly macroeconomic update for September 2021. The bank cites statistics from the Vietnam Leather, Footwear and Handbag Association (LEFASO), noting more than 30% of garment makers have suspended production, prompting garment exports to drop by 4.5% in August compared to the previous month. Notably, Vietnam’s leather and footwear industry currently makes up 15% of the world’s market share, a two-fold increase during the past 10 years. Vietnam is also one of the world’s largest textile and garment makers, just behind China and Bangladesh. However, Vietnamese exports of mobile devices and components recorded a sharp increase in August, achieving an annual growth rate of 11%. Meanwhile, exports of computers and electronic products also … [Read more...] about VIETNAM BUSINESS NEWS SEPTEMBER 12
Retail consumption - financial services – telecommunications and essential services on digital platforms are estimated to account for 80 percent of the Vietnamese consumer’s wallet. To Masan, the integration of telecom solutions and useful technologies into the ‘Point of Life’ platform will boost consumer benefits by delivering a user-friendly experience and optimal performance. Therefore, Masan recently acquired 70 percent of Mobicast to mark its official entry into the telecom and digital service sectors. This is a strategic step of the company to build a complete ecosystem of its own and transform the retail consumer industry. Why did Masan decide to launch Reddi as a Mobile Virtual Network Operator? MVNOs (Mobile Virtual Network Operators) are wireless communication service providers that do not have their own frequency spectrum allocation or the wireless network infrastructure. MVNOs partner with traditional Mobile Network Operators (MNO) to use their wireless network … [Read more...] about Entering into telecommunications sector, will Masan adopt Reliance Jio model in Vietnam?
What you need to know in Vietnam today: Politics -- Vietnamese State President Nguyen Xuan Phuc held phone talks with Russian President Vladimir Putin on Thursday to discuss the Vietnam-Russia comprehensive strategic partnership, their cooperation in COVID-19 prevention and control, as well as regional and international issues, according to the Vietnam News Agency. -- Vietnam and South Korea agreed to beef up their cooperation in the defense industry, settling war consequences, maritime security, UN peacekeeping missions, and COVID-19 control and prevention, according to what was discussed at a meeting between General Phan Van Giang, Vietnamese Minister of National Defense, and South Korean Vice Defense Minister Park Jae-min in Hanoi on Thursday. Society -- Vietnam's Ministry of Health reported 10,489 coronavirus cases throughout the country on Thursday, alongside 10,901 discharged patients and 239 fatalities. Business -- Some clothing releases at Uniqlo … [Read more...] about Breakfast @ Tuoi Tre News — September 17