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Xi seeks global tech cooperation after u s blocks huawei

Timo appoints Nirukt Sapru to Global Advisory Board

April 16, 2021 by www.vir.com.vn

timo appoints nirukt sapru to global advisory board
Nirukt Sapru joins the Global Advisory Board of Timo Digital Bank platform

With more than 34 years of experience in retail, commercial and investment banking, Nirukt possesses deep emerging market experience across Asia, the Middle East, Eastern Europe, and Latin America, coupled with having run businesses in the OECD markets of Australia, Europe, and North America.

Most recently, he served as Standard Chartered Bank CEO for Vietnam and Cluster CEO for ASEAN and South Asia cluster markets. During his tenure, Standard Chartered Bank Vietnam became one of the leading international banking franchises in Vietnam and he is in particular credited for building out a digital retail franchise.

Prior to joining Standard Chartered, Nirukt was global head of Emerging Markets and Leverage Finance for ABN AMRO Bank based in London.

His extensive knowledge and experience in Vietnam and other financial markets will allow him to contribute significantly to the long-term domestic and international development of Timo.

Both Nirukt and Timo strongly believe that any strategy must be based on customer-centricity.

“Timo has an extraordinary cloud based native digital platform which allows it to provide a truly world-class digital solution for its customers,” said Nirukt. “With its obsession with customer outcomes, I am excited to join the team at Timo to serve our customers and give them a truly world class customised experience.”

With this appointment, Timo gains an exciting opportunity to understand international financial development trends and customise them to the digital banking ecosystem in Vietnam. Nirukt will therefore play a key advising, supporting, and empowering role for Timo’s senior management, complementing and validating strategic matters.

Setting up a Global Advisory Board is crucial to assist Timo in realising its aspirations of becoming the preferred “financial partner” for customers and provide the best financial experience anytime, anywhere.

Setting up a Global Advisory Board is crucial to assist Timo in realising its aspirations of becoming the preferred “financial partner” for customers and provide the best financial experience anytime, anywhere.

To further advance this mission, Timo has concurrently made a series of additional senior management appointments tasked with developing further innovative solutions. The company hopes to positively contribute to the overall development of the banking and financial sector in Vietnam and improving the lives of the Vietnamese people through innovative and customised digital solutions.

These efforts are also starting to attract global attention. Recently, Timo was awarded Best Digital Bank in Vietnam 2021 by the prestigious International Business Magazine, the third consecutive year that Timo has received the award “Best Digital Bank in Vietnam”.

Nguyen Bao Hoang, CEO of Timo said that he sees the line between digital and traditional banks continuously blurring in the future. Timo therefore aspired to simply become a leading bank in Vietnam over the next decade.

Meanwhile, in addition to strengthening its position domestically, Timo is also assessing international strategic opportunities. Specifically, the company is open to international partners and investors who can provide strategic value to the financial ecosystem and reach customers in both financial and non-financial segments to increase Timo’s overall competitiveness in this period of abundant opportunity but also significant challenge.

By Ha Thuy

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Vietnam, Colombia seek stronger economic and trade ties

April 17, 2021 by vov.vn

The Vietnamese Embassy in Venezuela, concurrently Colombia, recently held a webinar aimed at promoting trade, investment, and tourism co-operation between both sides.

The purpose of the event was to introduce the potential of the Vietnamese labour and export market as a means of ramping up bilateral co-operation in the fields of economics, trade, tourism, and investment between the two nations.

As part of his opening speech, Vietnamese Ambassador to Venezuela concurrently Colombia Le Viet Duyen highlighted the ever-growing friendship and co-operative ties after 42 years of diplomatic relations, adding that the Government and people of Vietnam always place great importance on promoting friendly relations and bilateral co-operation, especially in sectors where the two countries boast great potential. In particular, bilateral trade relations over recent years have seen continuous growth, he added.

Last year witnessed total two-way turnover reach US$640.8 million, of which Vietnam mainly exported engines, machinery, electrical equipment, footwear, seafood, apparel and textiles, fibers, and metals worth US$622.5 million , while importing goods such as timber and wood products, food, leather, organic chemicals, and precious metals valued at US$18.3 million from the South American nation.

Furthermore, Ambassador Duyen also introduced key Vietnamese export products which are much sought after globally, including rice, coffee, pepper, electronic products and components, garments textiles, footwear, seafood, furniture, and agricultural machinery.

With the world continuing to struggle against the novel coronavirus (COVD-19) pandemic, Vietnam has successfully brought it under control and has emerged as an attractive destination for trade, investment, and tourism in the region and the wider world, the Vietnamese diplomat said.

The Chamber of Commerce is currently ready to assist local firms in fully grasping economic policies and market information as a means of facilitating their investment and trade activities in Colombia, he said.

Meanwhile, Gustavo Moreno, a representative from the Colombian Trade and Investment Promotion Agency (ProColombia), said that the South American nation is one of the leading countries in the world to receive foreign direct investment. As such, it will offer special incentives for Vietnamese businesses to invest in major projects and free economic zones in Colombia.

Filed Under: Uncategorized COVD-19 pandemic, ProColombia, Gustavo Moreno, Nohora Pardo, Colombia, Le Viet Duyen, Chamber of Commerce, Economy, Gustavo..., pak-afghan economic ties, 3 special economic zone in vietnam, china-asean free trade agreement shaping future economic relations, economic to trade, oil price trading economics, foshan xinzhongwei economic and trade co. ltd, trading economics turkey, trade offs definition economics, vietnam reforms and economic growth, economic growth of vietnam, economic growth in vietnam, international economic trade

Vietnam-Germany strategic partnership flourishing in various areas: diplomats

April 18, 2021 by en.qdnd.vn

Deputy Minister Dung informed about Vietnam’s diplomatic orientations and policy after the 13th National Party Congress and highly valued Germany’s important role and stature in Europe and the world as a whole.

He affirmed that Vietnam wishes to further intensify and develop the strategic partnership with Germany, which was established in 2011.

Congratulating Vietnam on the success of the 13th National Party Congress, Berger lauded the country’s efforts in the COVID-19 prevention and control, noting that Germany attaches importance to Vietnam’s role in the implementation of its policy guidelines for the Indo-Pacific region, adopted by the German Government in September 2020.

The two officials shared the view that despite impacts of the COVID-19 pandemic, the Vietnam-Germany strategic partnership has been growing strongly and effectively in various areas such as politics, economy, development cooperation, education – training, science – technology, and security – defense.

The cooperation contents under the countries’ strategic action plan for 2019 – 2022 are being carried out on schedule, including the establishment of a joint committee for economic cooperation, activities within the framework of the dialogue on law-governed states, security – defense cooperation, and the Vietnamese – German University.

They noted that in 2020, when both countries were non-permanent members of the United Nations Security Council, Vietnam was Chair of ASEAN, and Germany was President of the European Union (EU) in the last half of the year, they coordinated closely to help upgrade the ASEAN – EU ties to a strategic partnership and promote security, peace, climate, and COVID-19 issues, thus helping to deal with global concerns.

To further strengthen the Vietnam – Germany strategic partnership, the two sides agreed to jointly build a strategic action plan for the next period, increase contact and mutual visits at all levels, and step up collaboration in priority fields like politics, diplomacy, security – defense, trade, investment, development cooperation, renewable energy, digitalization, and vocational training.

They agreed to boost efforts to connect and assist the countries’ businesses to seek investment and business opportunities in each other’s markets and fully tap into chances generated by the EU – Vietnam Free Trade Agreement (EVFTA) to drive post-pandemic economic recovery.

Germany pledged support for Vietnam to enhance comprehensive cooperation with the EU, while pushing the ratification of the EU – Vietnam Investment Protection Agreement (EVIPA) by the German parliament.

Meanwhile, Vietnam welcomed Germany’s initiatives to contribute to peace, stability, cooperation, and development in the Asia-Pacific region and also showed support for the EU nation to strengthen relations with ASEAN.

The two sides agreed to keep close cooperation and mutual support at international organizations and forums, especially the UN, the Asia-Europe Meeting (ASEM), and the ASEAN-EU cooperation.

At the meeting, the officials also discussed international and regional issues of common interest.

Both voiced their concern over the recent complex developments in the East Sea, reiterating the support for the settlement of all disputes by peaceful means and on the basis of international law, especially the 1982 UN Convention on the Law of the Sea.

State Secretary Berger added that his country backs ASEAN’s efforts to bring into play the bloc’s centrality and contribute to regional peace, stability, and prosperity.

Source: VNA

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eMeeting – A redoubtable competitor to Zoom and Microsoft Team?

April 17, 2021 by www.vir.com.vn

emeeting a redoubtable competitor to zoom and microsoft team
Deputy Minister Nguyen Huy Dung lauding the achievements behind eMeeting

Deputy Minister of Information and Communications Nguyen Huy Dung said that eMeeting is an ambitious product that can compete with other online meeting platforms of world tech powers such as Zoom and Microsoft Team.

He said the debut of eMeeting affirms that Vietnamese businesses can tackle challenges in realising the “Make-in-Vietnam” dream.

emeeting a redoubtable competitor to zoom and microsoft team
Vu Ngoc Son, BKAV’s vice chairman

Vu Ngoc Son, BKAV’s vice chairman, said eMeeting is equipped with a nine-layer security system, ensuring the utmost in security for users during online meetings. It also has other advantages about high sound and image quality even in poor internet access.

He added that during COVID-19 in 2020, eMeeting was applied in 14 schools in five cities and provinces.

According to the MIC’s Information Centre, the platform will be used for its own meetings.

By Bich Thuy

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Vietnamese sales on Amazon exceed US$1 million

December 17, 2020 by vov.vn

The newly released report also shares useful information on fresh trends occurring in cross-border e-commerce, the potential and prospects ahead for “Made in Vietnam” products, as well as efforts by Amazon to boost small and medium enterprises (SMEs)’s capacity to overcome this challenging period.

Recent months has seen thousands of domestic sellers, including renowned local brands such as Trung Nguyen coffee, Bitis shoes, domestic manufacturer MDK, and startups like Andre Gift Shop and Mary Craft, strive to expand their business globally through making the most of Amazon as a platform.

While enjoying an increase in profits, local firms have brought about a number of positive effects to the domestic economy by offering additional job opportunities, thereby providing a wide range of options for international customers based in the United States and other stores in Europe, Japan, Canada, Australia, and Singapore.

Amazon Global Selling recently announced plans to establish a seller centre in Vietnam, along with setting up a new global selling support team based in Hanoi.

Gijae Seong, head of the company’s global selling support team in Vietnam, said as one of the most dynamic emerging countries in Southeast Asia, the country is home to a strong manufacturing base.

“With an extended local support team, we hope to help Vietnamese businesses unleash their potential and promote made-in-Vietnam products through online Amazon stores,” Seong added.

The seller centre is set to be a localised dashboard that will open up easier access and provide a better experience for sellers throughout the selling process. In addition, it will also help to significantly improve overall operational efficiency, the company said.

Filed Under: Uncategorized Amazon Global Selling, SMEs, Trung Nguyen, “Made in Vietnam” products, Mary Craft, Economy, “Made in Vietnam”..., million dollar businesses for sale, how to boost sales on amazon, amazon kindle sale, amazon kindle sale black friday, amazon kindle sales chart, used amazon kindle for sale, amazon books for kindle on sale, amazon returns for sale, amazon online sale, amazon damaged item sale, amazon kindle books on sale, gaming pc for sale amazon

Amazon markets Vietnamese goods via online platform

December 9, 2020 by vov.vn

The event, the first of its kind virtually held, aims to strengthen connectivity among businesses and create fresh opportunities for local retailers to introduce their “Made-in-Vietnam” products.

Addressing the event, Gijae Seong, Vietnam manager for Amazon Global Selling, emphasised that Vietnam represents one of the most dynamic economies in Southeast Asia, boasting an array of “Made-in-Vietnam” products such as home appliances, fashion accessories, kitchen utensils, and home gadgets on Amazon being popular among buyers globally.

Seong said the strong development of cross-border e-commerce over the course of this year has provided a golden opportunity for sellers to transform into global online businesses. He affirmed that Amazon will support firms in maximizing their growth potential and promoting “Made-in-Vietnam” products through Amazon’s online platforms worldwide.

Since establishing a dedicated team in Ho Chi Minh City last year, Amazon has devised a range of specialised solutions in an effort to assist sellers in each locality to do business through Amazon in a simple and efficient manner.

Furthermore, Amazon has also unveiled the launch of a dedicated team based in Hanoi aimed at providing additional training courses for sellers across different Vietnamese, while striving to expand its network of providers as a means of supporting local businesses nationwide.

By enjoying competitive advantages in terms of production and a promising domestic market, the country has great potential to develop cross-border e-commerce due to the range of diversified products of Vietnamese enterprises being favoured by consumers globally thanks to their high quality coupled with competitive prices.

Filed Under: Uncategorized Amazon Global Selling, HCM City, cross-border e-commerce, “Made-in-Vietnam” products, Economy, ..., saigon market vietnamese cooking, amazon web services cloud computing platform, online platform for artists, vietnamese grocery online, is robinhood a good trading platform, black desert online platforms, metatrader 4 online platform, amazon market price, java online platform, mt4 online platform, elder scrolls online platforms, metatrader online platform

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