Business and marketing news

Prime Minister Nguyễn Xuân Phúc met on Thursday in Berlin with leading German business representatives from various fields, such as information technology, finance, healthcare, agriculture, and the high-tech industry. — VNA/VNS Photo Thống Nhất BERLIN — Prime Minister Nguyễn Xuân Phúc met on Thursday in Berlin with leading German business representatives from various fields, such as information technology, finance, healthcare, agriculture, and the high-tech industry. The PM said Việt Nam is a dynamic economy with rapid growth, a stable macro-economy, and favourable business environment, adding that the country is shifting economic growth to high-added value sectors and has joined many new-generation free trade agreements. He went on to say that Việt Nam has abundant and young human resources quick to master the latest technologies. The country is among the top 10 in the Asia-Pacific region and top 30 in the world in software outsourcing. Phúc also stressed that Germany is … [Read more...] about PM calls for more investment by leading German businesses

Part of Đồng Xuân-Bắc Qua Market in Hà Nội. — VNS Photo Đoàn Tùng Viet Nam News HÀ NỘI — Hà Nội’s Long Biên District began a project to renovate old traditional markets to be more modern in 2016, but only 13 of the 20 existing markets have been upgraded so far. The project, initiated by municipal authorities, aims to build or renovate traditional markets across the city into trading centres to meet consumers’ demand as well as hygiene and safety standards. However, Long Biên, like many other districts, is facing many difficulties in the transition. Nguyễn Thế Trọng, who manages four markets in Long Biên District’s Ngọc Lâm Ward, told Thời báo Kinh tế Việt Nam (Vietnam Economic Times) newspaper that a traditional market needed to meet at least 10 criteria to be recognised as modern and civilised market. These criteria include infrastructure conditions, fire safety, food safety and hygiene, and public order, he said. After two years of implementation, 13 out of 20 … [Read more...] about Traditional market renovation still face challenges

Viet Nam an enormous potential market, PM reminds US business (25-06-2005) Prime Minister Phan Van Khai speaks at US business forum in New York. — VNA/VNS Photo The Thuan NEW YORK — Viet Nam should not be viewed through the lenses of the past, but as a friendly partner of American businesses at present and in the future, Prime Minister Phan Van Khai said at a business forum in New York on Thursday. The forum was jointly organised by the Viet Nam Chamber of Commerce and Industry (VCCI) and the US Chamber of Commerce. The country’s relationship with the US is reflected in the joint declaration, which affirmed developing friendly relations as constructive partners, and long-term, stable and multifaceted co-operation on the basis of mutual respect, equality and mutual benefit, made by Prime Minister Khai and President Bush. Viet Nam wanted American entrepreneurs, who have helped America prosper, to be the driving force for creating a long-term, active … [Read more...] about Viet Nam an enormous potential market, PM reminds US business

VNA hailed for providing accurate and reliable news (28-01-2006) Party leader Nong Duc Manh (right) receives VNA General Director Le Quoc Trung. — VNA/VNS Photo Xuan Tuan HA NOI — The official Viet Nam News Agency (VNA) has been a source of crucial and reliable information, helping the Party and State decisively in boosting the country’s renewal and industrialisation process, said Party General Secretary Nong Duc Manh. General Secretary Manh made the statement at a reception for VNA’s delegation, led by its General Director Le Quoc Trung, on the occasion of celebrating Tet. Over the years, VNA had played an important role in guiding public opinion, particularly in countering propaganda and distortion of hostile forces aimed at weakening the great national unity and hampering the progress of the Vietnamese people, Manh said. Reminding the agency of its crucial role in the society, the Party leader asked VNA to co-ordinate with other mass media in the … [Read more...] about VNA hailed for providing accurate and reliable news

APEC confab tackles trade, market access (27-02-2006) HA NOI — As part of the ongoing APEC meetings in Ha Noi, the APEC Group of Service (GOS) held a conference last Saturday focusing on supporting member nations negotiate trade, services and market access with the World Trade Organisation (WTO). Other than the crucial issue of market access, experts at the conference also discussed capacity building measures for nations planning to join WTO, and rules and regulations required by developing countries in WTO negotiations, GOS Chairwoman Rosanna Law said. After the WTO ministerial meeting in Hong Kong late last year, the GOS had received requests from nations on time frame required to create and implement measures to facilitate trade and service, Law said, pointing out these measures were not only important in facilitating trade but crucial in WTO negotiations on investment, liberalisation and services. On the same day, a joint meeting of APEC’s Economic Committee … [Read more...] about APEC confab tackles trade, market access

Nation’s market economy needs ITC support: Khoan (01-03-2006) HA NOI — The International Trade Centre (ITC) should continue supporting and sharing information with Viet Nam as the country makes a huge effort to move towards a market economy system and integrate into the international economy, said Deputy Prime Minister Vu Khoan. Deputy PM Khoan made those comments at a meeting with a delegation from the ITC, under the United Nations Conference on Trade and Development (UNCTAD), led by director Jean-Denis Belisle in Ha Noi yesterday. The deputy PM said he highly appreciated the ITC’s valuable help in aiding Viet Nam build a trade promotion system, trade development strategy and improve its human resources policies. Khoan underlined the importance of trade in Viet Nam’s economy with exports accounting for 67 per cent of the gross domestic product. However, Viet Nam still lacks experience in international trade, especially promoting trade, he said. ITC’s … [Read more...] about Nation’s market economy needs ITC support: Khoan