Vietnam open 2016

Rice export volume up but value falls The ministry said the total rice export volume and value in the first nine months of this year reached 5.2 million tonnes and $2.24 billion, respectively. The figures represented a rise of 5.9 per cent in volume and a drop of 9.8 per cent in value compared to the same period in 2018. Of which, Viet Nam shipped abroad 586,000 tonnes of rice in September for $251 million. The Philippines was the top market for Vietnamese rice in the first eight months of this year, consuming 1.76 million tonnes worth $720 million, 2.9 times higher in volume and 2.6 times in value over the same period last year. Strong growth was also seen in other markets, including Australia (75 per cent), Ivory Coast (nearly 35 per cent) and Hong Kong (nearly 35 per cent). The average rice price in the first eight months fell 13.8 per cent year on year to $435 per tonne. White rice led the way in the period, accounting for 47 per cent of total revenue, followed by Jasmine rice … [Read more...] about VIETNAM BUSINESS NEWS OCTOBER 14

Cambodian Deputy Prime Minister’s activities in Vietnam Cambodian Deputy Prime Minister and Minister of National Assembly-Senate Relations and Inspection Men Sam An (L) and Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong Cambodian Deputy Prime Minister and Minister of National Assembly-Senate Relations and Inspection Men Sam An has visited the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) in Hanoi as part of her going visit to Vietnam from October 14 to 19. Chairman of BIDV's Board of Directors Phan Duc Tu said implementing the policy of the two countries’ governments on promoting investment, trade and tourism activities, the bank has set up commercial representative offices in the fields of finance, banking and insurance in Cambodia since 2009. BIDV is now the leading Vietnamese financial institution in direct investment activities and financial and credit cooperation in Cambodia, he added. After 10 years … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 18

THE 2018 WEF-ASEAN – TO JOIN HANDS IN BUILDING THE ASEAN COMMUNITY IN THE FOURTH INDUSTRIAL REVOLUTION ERA   Nguyen Xuan Phuc, Member of the Politburo, Prime Minister  The world is changing rapidly, driven by the shifts in globalization and the tremendous leaps of science, technology and the Fourth Industrial Revolution. Against such backdrops, the ASEAN countries are making every effort to overcome challenges and harness opportunities for development in order to realize the 2025 ASEAN Community Vision, for the establishment of a strong ASEAN Community that shall further uphold its central role in regional mechanisms. As the host country for the 2018 World Economic Forum (WEF) on ASEAN Summit (2018 WEF-ASEAN), it is Viet Nam's crucial responsibility to work together with WEF and ASEAN members to discuss issues pertinent to their national development in the midst of the Fourth Industrial Revolution. Such discourse shall help realize the 2025 ASEAN Vision, in the interest … [Read more...] about PM Phuc’s remarks at opening session of WEF on ASEAN 2018

Permanent Vice Chairwoman of the National Assembly Tong Thi Phong at the 4th Meeting of Speakers of Eurasian Countries’ Parliaments (MSEAP 4) in Nur Sultan, the capital city of Kazakhstan, on September 24 (Photo: VNA) At the 4th Meeting of Speakers of Eurasian Countries’ Parliaments (MSEAP 4) in Nur Sultan, the capital city of Kazakhstan, on September 24, Phong stressed the meeting’s theme “Greater Eurasia: Dialogue, Trust, Partnership” and highlightedVietnam's proactive and active international integration policy. The official proposed to increase the building of trust, mutual understanding and respect, and promote co-operation, dialogue and exchange of experience in the field of parliament. She also tabled the ideaof promoting regional, inter-regional and global multilateral co-operation in economy, trade, technology transfer, and called for attention to cultural exchanges in Asia and Europe, building a culture of dialogue for peace, … [Read more...] about Vietnam highlights significance of multilateral cooperation at MSEAP 4

Ambassador Duong Chi Dung, head of Vietnam’s Permanent Mission in Geneva, delivers an opening remark at a ceremony to mark the 74th National Day in the Swiss city on September 24. (Photo: VNA) The ceremony was held at the World Intellectual Property Organisation (WIPO)’s headquarters in the Swiss city on September 24 in the presence of heads of international organisations and permanent missions, foreign diplomats and local officials. In his opening speech, Dung recalled Vietnam’s achievements after three decades of the renewal period. Vietnam has transformed from a war-torn country to one of the most dynamic economies in Asia-Pacific, he said, adding that the country has become a member of various international organisations, such as Inter-Parliamentary Union (IPU), World Trade Organisation (WTO), Asia-Pacific Economic Cooperation (APEC) forum, Asia-Europe Meeting (ASEM) and the Association of Southeast Asian Nations (ASEAN). In Geneva, Vietnam was an … [Read more...] about Vietnam prioritises preservation of cultural traditions: Ambassador