Vietnamese economy

According to the General Department of Customs, Vietnam's exports to the US reached US$44.65 billion during the reviewed period, up 27.6 per cent on year. This therefore represents the country’s largest export market, accounting for 22.9 per cent of total turnover. At present, Vietnam is also benefiting from the effects of the ongoing US-China trade war, with several businesses changing their supply chains as a means of avoiding additional taxation placed on Chinese goods. This has led to several prominent US firms seeking a supply source of goods from alternative markets. John Caplan, head of North America B2B at Alibaba Group, noted that with the country’s exports to the US growing in recent years, this has created a window of opportunity for local businesses to be proactive and penetrate the market across the Pacific. Photo: Industry and Trade newspaper Mary Tarknowka, executive director of AmCham Vietnam HCMC, stated her … [Read more...] about Vietnam’s exports enjoy robust growth in US market

Photo: VNA At this year’s event, domestic businesses including ISITO and Kim Hai, introduced their environmentally friendly products such as straws made from fruit and vegetables, in addition to juice and snack products that have been made from dragon fruit. A range of unique Vietnamese products proved extremely popular among visitors at the trade show, particularly products which had been made from dragon fruit. Indeed, the products have been grown following Global GAP standards and processed using Japanese technologies to ensure both safe and clean products for consumers. The Specialty & Fine Food Asia 2019 event has provided an important forum for international businesses in related fields to meet, strengthen trade links, share creative ideas, in addition to helping suppliers find buyers for their products.   The event is being held across three days and is expected to attract more than 5,000 customers from the retail, wholesale, food, service, and hospitality … [Read more...] about Vietnam attends Specialty & Fine Food Asia in Singapore

  Three top semi-professional golfers at the BMW Golf Cup International 2019 - Vietnam Finals qualified to join the 30th BMW International Golf Tournament to be held in South Africa in March. — Photo courtesy of THACO HCM CITY — The BMW Golf Cup International 2019 - Vietnam Finals competition chose three top semi-professional golfers to represent Việt Nam for the 30th BMW International Golf Tournament, which will be held in South Africa from March 2 to 7. The three-day tournament was held by BMW Group and THACO from November 16 to 18 at Tân Sơn Nhất golf course in Gò Vấp District. Since 2019, BMW Vietnam has hosted this tournament to select the winners to represent the country in one of the world's largest amateur golf tournaments, the BMW Golf Cup International World Finals. This annual tournament is a platform to cultivate new and current relationships among a very exclusive group of BMW … [Read more...] about 3 Vietnamese golfers qualify for tournament in South Africa

KOVA awards fourth round of scholarships to achievers (25-10-2006) Former Vice President Nguyen Thi Binh handing over the KOVA prize to a medical group from Dong Da Hospital. — VNA/VNS Photo Hoai Nam HA NOI — The KOVA Prize Committee awarded their fourth annual KOVA scholarships in Ha Noi yesterday. The prizes were awarded to two organisations, four individuals and four students for their outstanding contributions to society. Former State Vice President and current Chairwoman of the KOVA Prize Committee Nguyen Thi Binh handed over the Bright Examples in Society prizes to the Infectious Diseases Department of Dong Da hospital and the chapter of the Viet Nam Women’s Union in Binh Lu Commune of Lai Chau Province. The hospital department is charged with treating over 2,000 patients many of whom suffering from the AIDS virus, and are in the latter stages of the disease. The Women’s Union chapter was rewarded for mobilising members in Binh Lu Commune to … [Read more...] about KOVA awards fourth round of scholarships to achievers

Groups of mainland visitors and officials visited officers stationed on the Ladd Reef of Việt Nam's Trường Sa (Spratly) archipelago. — VNA/VNS Photo Trần Việt HÀ NỘI — The year 2019 marks the 25th anniversary of the United Nations Convention on the Law of the Sea 1982 (UNCLOS 1982) and also the 25th year since Việt Nam ratified the convention.   On the occasion, Dr. Lê Thị Tuyết Mai, a member of the Executive Board of the Việt Nam Society of International Law, Chair of Việt Nam Lawyers Association Branch at the Ministry of Foreign Affairs, Director General of the Department of International Law and Treaties, wrote an article entitled “UNCLOS 1982: Overarching framework for establishing the legal order for the seas and oceans, promoting development and cooperation at sea".   The following is the full text of the article.   On June 23, 1994, the National Assembly of … [Read more...] about UNCLOS 1982 remains a framework for legal order for the seas and oceans