SAM secures strategic cooperation with two real estate firmsBy Thu Thuy - The Saigon Times DailyHCMC – Fund manager Saigon Asset Management (SAM) yesterday inked cooperation deals with two listed real estate companies, NBB Investment Corporation (NBB) and Construction and Material Trading Joint Stock Company (CNT).SAM will support NBB and CNT in investments, project financing and co-development of real estate projects. Vietnam Property Holding (VPH), a real estate-focused fund currently managed by SAM, confirmed its intention to become a strategic investor with both NBB and CNT in the coming time.“We like NBB because it is a leading property developer and infrastructure contractor with strong land banking capabilities and over 150 hectares of land in developing areas. The company recently paid 14% cash dividends and acquired a mining company specializing in titanium, construction stone and mineral water,” said Louis Nguyen, chairman and CEO of SAM, in a … [Read more...] about SAM secures strategic cooperation with two real estate firms
Cooperation
2017 Expo-Russia Vietnam to promote bilateral economic cooperation
The EXPO's organizing board The 2017 Expo Russia-Vietnam will showcase the latest technologies in various fields, including energy, mechanical engineering, transport infrastructure, telecommunications and communications, mining, chemistry, medicine, and agriculture. On the sidelines of the expo, the organizers will hold an array of activities, such as the Vietnam-Russia Business Forum and other seminars and discussion tables in order to develop their economic, scientific, technical, and cultural cooperation.The purpose of these events is to create a favorable environment for the two side's businesses to seek business partners, expand collaboration in research and technological transfer, and provide opportunities for Vietnamese enterprises to access the Russian market. Translated by Van Hieu … [Read more...] about 2017 Expo-Russia Vietnam to promote bilateral economic cooperation
APEC helps promote Vietnam – Russia cooperative relationship
Brovarets Andrey Petrovich, Russian Consul General to Da Nang city (2nd from right), welcomes Russian President Putin to join the APEC Economic Leaders’ Week. (Photo: Russian Consul General to Da Nang city)Talking with Da Nang newspaper, Brovarets Andrey Petrovich, Russian Consul General to Da Nang city, appreciated Vietnam’s successful organization of the event, expressing his thanks to the country for supporting the Russian delegation joining the APEC Economic Leaders’ Week. He confirmed that Da Nang city had showed its readiness in effective cooperation during the integration of regional leading economies. “The establishment of the APEC Park where APEC member economies’ statutes are on show is a good idea,” he said. “We are happy as Yurii Gagarin, the first human in space, contributes to beautifying the Park, which helps link people together and complete cultural exchanges.” Regarding the Russian Consulate General’s preparations … [Read more...] about APEC helps promote Vietnam – Russia cooperative relationship
Vietnam & Japan elevate comprehensive cooperation ties
PM Nguyen Xuan Phuc wished to boost further cooperation relations between the two countries for peace, stabilization, cooperation and development in the Asia- Pacific region. The Special Advisor to the Japanese Prime Minister congratulated the successful APEC Vietnam Week.Additionally, he stressed that the country wanted to deepen the comprehensive friendship and cooperation ties with Vietnam in the multifaceted sectors. BY PHAN THAO- Translated by Huyen Huong … [Read more...] about Vietnam & Japan elevate comprehensive cooperation ties
Can Tho to host conference on Vietnam-France cooperation
Can Tho to host conference on Vietnam-France cooperationHuynh Kim CAN THO – Can Tho has announced a series of events between September 14 and 16 to promote economic and cultural ties between Vietnam and France, as part of a major conference billed as the biggest international gathering ever in the Mekong Delta city. Organized by the local authorities in association with Cités Unies France (CUF), the tenth Vietnam-France locality cooperation conference will feature many events under the theme “Working towards becoming effective and sustainable business partners.” The CUF, also known as “French United local governments,” is a federation of French local and regional governments involved in international relations. Truong Quang Hoai Nam, vice chairman of Can Tho, described the conference as the biggest international event in the city. It will gather representatives from the region and 44 enterprises of France, as well as 800 participants from 40 … [Read more...] about Can Tho to host conference on Vietnam-France cooperation
Farming cooperatives funded to build irrigation systems
Farming cooperatives funded to build irrigation systemsNgoc Hung HCMC - The International Development Association (IDA) under the World Bank (WB) will finance local farming organizations and cooperatives to develop infield canal and irrigation systems to water their crops in the Central Highlands and the Mekong Delta. Document No. 7211 issued by the Ministry of Agriculture and Rural Development said agricultural infrastructure facilities will be built with 80% of their capital to be funded by IDA and 20% by local reciprocal capital. In previous years, coffee growers in the Central Highlands and rice farmers in the Mekong Delta suffered big losses as they lacked water for their farms in the dry season. This partly resulted from the lack of pumping stations and canals that channel water into drought-prone areas. Owing to the Vietnam Sustainable Agriculture Transformation Project (vnSAT), IDA will support farming organizations and cooperatives to build pumping stations, canal and … [Read more...] about Farming cooperatives funded to build irrigation systems
Vietnam, France sign 18 cooperation deals
Vietnam, France sign 18 cooperation dealsHCMC - French Prime Minister Francois Fillon and Vietnamese Deputy Prime Minister Nguyen Sinh Hung witnessed the signing of 18 agreements with a total value of US$9.5 billion at a forum of business leaders from the two countries on Friday.The projects inked at the Vietnam-France entrepreneur forum in Hanoi covered the fields of energy, post and BNP Paribas also signed another MoU to raise its stake in the Orient Commercial Bank from 15% to 20% next year given approval of the Government and the State Bank of Vietnam.The two sides also agreed to increase the role and voice of enterprises in the government-level Vietnam-France Business Council, which was established two years ago but had yet to meet desires for cooperation of enterprises between the two nations. Vietnam and France will prioritize education and sustainable growth sectors in the coming time, PM Fillion was quoted by the Vietnam News Agency as saying.France is the largest bilateral EU … [Read more...] about Vietnam, France sign 18 cooperation deals
Polish President’s visit expected to boost bilateral cooperation
It is hoped the visit, coming 18 years after the visit to Vietnam of President Aleksander Kwasniewski and seven years after Prime Minister Donald Tusk’s, will expand cooperation prospects between the two countries.Poland is Vietnam’s largest trading partner in Central and Eastern Europe, while Vietnam is Poland’s seventh largest trading partner outside the EU. Trade turnover between the two countries reached US$790 million in 2016 and US$730 million in the first nine months of this year, an increase of 25 percent compared to a year ago. Poland’s total investment in Vietnam during the 2014-2017 period doubled to US$189 million. However, both sides agreed that the results of trade and investment cooperation between the two countries have not met their potential.President Andrzej Duda expressed his interest in areas with great cooperation potential such as tourism. He said he would work to increase the number of Polish tourists visiting Vietnam and open a direct … [Read more...] about Polish President’s visit expected to boost bilateral cooperation
Promoting tourism cooperation between Iran and Viet Nam
(TITC) - From 5 to 12 December 2017, accepting the invitation of Vietnamese Ambassador to Iran, the delegation of Viet Nam National Administration of Tourism (VNAT) and 14 Vietnamese tour operators have conducted the fam trip to Iran. On 6 December 2017, at the headquarters of the Vietnamese Embassy in Tehran, VNAT in coordination with Vietnamese Embassy in Iran organized the working meeting between Iranian and Vietnamese tour operators. At the meeting, Vietnamese Ambassador to Iran Nguyen Hong Thach and Deputy Chief of Office of VNAT Bui Duy Hung briefed on the tourism development of the two countries. They also expressed the hope that this meeting will be a new beginning for Viet Nam - Iran tourism cooperation. On this occasion, the tour operators of Iran and Viet Nam actively exchanged and looked for cooperation opportunities to promote and accelerate the visitor exchange between the two countries. Some photos at the meeting: Thu Giang … [Read more...] about Promoting tourism cooperation between Iran and Viet Nam
33 percent of farming cooperatives efficiently operate: Ministry
The effective cooperatives have developed on a scale suitable to their specialities and engaged in safe and high-tech farming production. They have also created links with other agribusinesses and organisations to expand production and distribution channels. The Ministry of Agriculture and Rural Development has developed high-tech farming cooperatives and linked them with agribusiness in tea, coffee, pepper, rice and shrimp in each of Vietnam’s regions. The ministry has also selected 156 cooperatives and 19 cooperative groups to take part in a Government programme to pilot and multiply new-style cooperative models in the Mekong Delta from 2016-2020. It is also formulating a new scheme to develop 15,000 effective cooperatives and cooperative unions by 2020. By the end of 2016, the country had 21 agricultural cooperative unions and more than 10,700 farming cooperatives with nearly 4 million members. Each cooperative has 367 members in average. … [Read more...] about 33 percent of farming cooperatives efficiently operate: Ministry