Processing, packaging exhibition opens in Ho Chi Minh City The ProPak Vietnam 2019 attracts 540 exhibitors. (Photo: thegioitiepthi.vn) The 14th International Processing and Packaging Exhibition and Conference (ProPak Vietnam 2019) kicked off at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on March 19. The three-day event attracts the participation of 540 exhibitors from 31 countries and territories, including first-timers such as Vietnam’s Dai Chinh Quang and Thien An Loc companies, China’s Beijing Omori Packing Machinery , and Sidel India. BT Tee, General Manager of UBM VES – the exhibition’s organiser, stated that the processing and packaging sector is facing several difficulties, including the overuse of plastics in production and the lack of orientations on environmental protection. Therefore, Propak 2019 wants to introduce new technologies that can solve these challenges. Paolo Lemma, Italian Trade Counselor in Vietnam, said that Propak … [Read more...] about BUSINESS NEWS IN BRIEF 20/3
Self driving cars safety statistics
Social News 16/10
Quang Binh busts largest meth smuggling case Police seizes 308.6kg of crystal meth in the case Police of the central province of Quang Binh recently seized 308.6kg of crystal meth, the largest single amount confiscated in the province so far. On October 12, local police noticed a suspicious car on National Highway 1A in Le Thuy district of the province. When police asked the occupants to stop the car, they fled into a nearby forest. When examining the vehicle, police discovered 300 nylon bags of crystal meth weighing 308.6kg. The next morning, with the cooperation of local people, authorised forces arrested Xeng Vang, born in 1995 and residing in Bolikhamsai province of Laos, who was the car’s driver. He admitted he was hired to smuggle the drugs to Da Nang city for 10,000 USD. Local police are searching for other suspects. A day earlier, police in Nghe An province, also in the central part of Vietnam, arrested two drug traffickers, seizing 30 bricks of … [Read more...] about Social News 16/10
BUSINESS IN BRIEF 23/6
Brussels workshop focusses on EU-Viet Nam FTA The Vietnamese Embassy in Belgium held a workshop in Brussels on June 20 to speed up the signing and ratification of the European Union (EU)-Viet Nam Free Trade Agreement (EVFTA). The workshop was held in collaboration with the European Union, EU-Viet Nam Friendship Parliamentarians’ Group and European Institute for Asian Studies. Speaking at the event, Vietnamese ambassador to Brussels Vu Anh Quang highlighted the positive results of economic, trade and investment cooperation between Viet Nam and the European Union and called for the Union’s strengthened collaboration with Viet Nam and the Association of Southeast Asian Nations. According to him, EVFTA is a balanced document that benefits both Viet Nam and the European Union and has large influences on bilateral political, economic, trade and investment ties. The agreement will help EU companies access the 90-million-strong Vietnamese market, contributing to … [Read more...] about BUSINESS IN BRIEF 23/6
BUSINESS IN BRIEF 15/4
Saigon Co.op to open 50 more convenience stores Saigon Co.op, the country’s leading retailer, will open an extra 50 Cheers in convenience stores in HCMC in partnership with NTUC FairPrice of Singapore this year, said Nguyen Thanh Nhan, general director of Saigon Co.op. At a 2017 review meeting of Saigon Co.op last week, Nhan said Cheers stores would sell household and consumer goods and operate 24/7. In HCMC, there are already two Cheers stores. Besides Cheers, Nhan said this year Saigon Co.op would open 19 more Co.opmart supermarkets, two more Co.opXtra stores, 150 more Co.opSmile shops and at least one more Co.opmart hypermarket in a high-end residential area. To maintain its position as Vietnam’s leading retailer, Saigon Co.op must focus on expanding the retail network, diversifying products and developing logistics, said Nhan. Saigon Co.op is expected to achieve a 10% increase in total revenue. A report released at the meeting showed that in 2017 Saigon Co.op made some … [Read more...] about BUSINESS IN BRIEF 15/4