Government support

HCM City (VNA) - A conference was held in Ho Chi Minh City on September 13 to discuss the growing market opportunities for the city’s supporting industries. Pham Lien Anh, a senior expert of the International Finance Corporation (IFC), said the IFC has been sponsoring a Vietnam Supplier Development Programme, which is helping businesses improve their capability, move up the value chain and work with more foreign and multinational companies. The programme was launched to keep existing FDI and attract new investors who have modern technology, and provides a comprehensive evaluation of participating businesses' operation and consultancy, she said. Ngo Bao Anh, a representative of Panasonic Vietnam, said the company exports components from Vietnamese suppliers to its factories abroad, adding that it focuses on competitive suppliers who meet corporate responsibility requirements. Jun Choi, country director of Coex, a Korean exhibition organiser, said there are numerous … [Read more...] about Opportunities for HCM City’s supporting industries discussed

Jakarta (VNA) – The 18th meeting of the Governing Council of the ASEAN Institute for Peace and Reconciliation (ASEAN IPR) took place in Jakarta, Indonesia, on January 21, the first during Vietnam’s ASEAN Chairmanship Year 2020. The meeting was chaired by Ambassador Tran Duc Binh, head of Vietnam’s permanent delegation to ASEAN and Chairman of the ASEAN IPR’s Governing Council. Addressing the meeting, Ambassador Binh congratulated Thailand on the success of the year it held the Chairmanship of the ASEAN, and praised Thailand’s contributions as Chair of the ASEAN IPR in 2019. He shared Vietnam’s priorities during the year it serves as ASEAN Chair, noting that one of them is to promote programmes and activities related to women, peace and security in ASEAN in the context that maintaining peace and security continue to be one of the focuses of the association. The council discussed and adopted the ASEAN IPR’s working programme in 2020, … [Read more...] about Vietnam chairs meeting of ASEAN-IPR Governing Council

UK finance minister Sajid Javid said in an interview with the Financial Times published on Saturday that "there will not be alignment" with the EU once the post-Brexit transition period shuts at the end of the year. — AFP … [Read more...] about UK PM Johnson seeks post-Brexit deals at Africa summit

US voices concern about China’s interference in Vietnam’s oil and gas activities The United States Department of State said on August 22 that it is deeply concerned about China’s interference in Vietnam’s longstanding oil and gas activities in Vietnam’s Exclusive Economic Zone (EEZ) claim.   … [Read more...] about Vietnam-Russia cooperation in oil and gas: great opportunities ahead

Hanoi (VNA) – Just one month after the founding of the Democratic Republic of Vietnam, on October 13, 1945, President Ho Chi Minh wrote a letter to the industrial and business circles in the country, in which he stressed their great role in the cause of national construction. “While other segments of the nation are working to regain full independence for the country, the industrial and business circles should work to build a firm and prosperous economy and finance. The Government, the people and I myself will do our best to help the industrial and business circles in this construction cause,” he wrote. The reality over the past more than 70 years has proven that the President’s letter remains relevant nowadays, demonstrating his sound strategic guideline and instruction to the cause of national construction, especially in the current trend of international economic integration. President Ho Chi Minh’s thinking on the position and role of the … [Read more...] about Private economic sector – important driver of economy