At the reception (Photo: VNA) Hanoi (VNA) – Hessen State plays an important role in promoting economic and trade cooperation between Vietnam and Germany, Deputy Prime Minister Truong Hoa Binh said at a reception for President of the Hessen State Parliament Boris Rhein in Hanoi on November 12. Binh said some major groups from Hessen have been operating effectively in Vietnam and suggested the two sides encourage more German businesses to invest in Vietnam in diverse fields such as chemicals, pharmaceuticals, mechanical engineering, supporting industry, farm produce processing, and production of natural rubber products. He proposed the State’s authorities to create favourable conditions for Vietnamese enterprises such as national flag carrier Vietnam Airlines, Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), and FPT Software Company Limited to operate effectively in Hessen. The Deputy PM highly appreciated the contributions of Rhein to the … [Read more...] about Hessen plays crucial role in promoting Vietnam-Germany ties
Vietnam airlines operates boeing 787 10 dreamliner
Last week Japanese casual wear retailer Uniqlo announced it would open its first store in the country in Ho Chi Minh City’s District 1 on December 6. The 3,000-square-meter store would be one of its biggest in Southeast Asia, the firm said. Opening stores in Vietnam is critical to Uniqlo’s expansion plans in Southeast Asia. As of last year it had 213 stores in the region, and plans to have 400 by 2022, Tadashi Yanai, CEO of Fast Retailing Group, which owns a 75 percent stake in Uniqlo, said. It is the latest in an expanding list of around 200 foreign fashion brands that have entered Vietnam, including Zara, H&M, Giordano, Mango, Topshop, Gap, and Old Navy. Vietnam, with its young demographic, growing incomes and 95 million population, is considered a hugely promising market. Foreign brands are attracted to its 15-20 percent annual growth, according to the chairman of the Vietnam Retailers Association, Dinh Thi My Loan. Vietnamese consumers are also shifting towards … [Read more...] about Foreign brands eager to enter Vietnam’s booming fashion market
Speaking at the opening of the Vietnam Communist Party Central Committee’s conference on May 16, Party General Secretary and President Nguyen Phu Trong raised the question "What will our country be in 2045?" The question of the top leader of Vietnam is one of many that need to be addressed at the upcoming XIII Congress, for which the Central Executive Committee is preparing. If the Party and the people's will unite, the problem can be solved no matter how difficult it is. In this regard, the will of the Party is taking shape. But what about the people? There are hundreds of ideas. VietNamNet would like to introduce an article by Dr. Dinh Duc Sinh about this matter. By 2045, the country's name will still be the Socialist Republic of Vietnam In 1945, the August Revolution gave birth to the Democratic Republic of Vietnam. After 35 years, in 1980, the name of the country was changed to the Socialist Republic of Vietnam with the expectation of advancing rapidly, strongly and firmly … [Read more...] about What will Vietnam be in 2045?
Germany has high demand for pepper. (Photo: VNA) Hanoi (VNA) – Vietnam-Germany trade relations will thrive on the back of the freshly inked free trade and investment deals, including the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), according to insiders. Nguyen Son Tra, deputy head of the WTO and Trade Negotiation Division under the Ministry of Industry and Trade’s Multilateral Trade Policy Department, said the EVFTA will bring distinct advantages to Vietnamese goods as right after the deal takes effect, 85.6 percent of the tax lines imposed on Vietnamese goods, or 70.3 percent of the country’s exports to the EU will be reduced in the first year. Meanwhile, the lifted tariffs will be 99.2 percent, or 99.7 percent of the country’s total export turnover to the bloc, in the next seven years, she said. Particularly, Germany, together with the UK and the Netherlands, has been Vietnam’s leading importer … [Read more...] about Free trade, investment deals to boost Vietnam-Germany trade ties
Vo Tuan Nhan, Deputy Minister of Natural Resources and Environment, speaks on Vietnam’s resolve to improve human resources in the environmental sector. Vo Tuan Nhan, Deputy Minister of Natural Resources and Environment. Do you have any comment on human resources training in the environmental sector? At present, the natural resources and environmental sector has employed more than 51,000 Government officials, public employees and general workers, of which 1,000 are public employees and 10,000 civil servants. In addition, all industrial parks, State-owned economic groups and general corporations have their own staff working in natural resources and environment alongside the national environmental police. Besides, the Ministry of Natural Resources and Environment (MONRE) has paid attention to completing the legal framework and training documents for all its staff nationwide. The MONRE has six training centres which specialise in human resources training and in the natural … [Read more...] about Vietnam wants top environmental workers