First national forum on e-procurement held in Hanoi

The national e-procurement system (VNEPS) was the spotlight of the Vietnam E-Government Procurement Forum 2018, the first on the issue at the national scale, in Hanoi on August 8.
First national forum on e-procurement held in Hanoi ảnh 1The first national forum on e-procurement takes place in Hanoi on August 8 (Photo: baodauthau.vn)

Hanoi (VNA) – The nationale-procurement system (VNEPS) was the spotlight of the Vietnam E-GovernmentProcurement Forum 2018, the first on the issue at the national scale, in Hanoion August 8.

The VNEPS, run by the national e-procurementcentre, was introduced on a trial basis for six years and officially put intooperation nationwide in 2016.

Statistics of the centre show that the numbersof bid inviters and bidders actively using the VNEPS have increasedconsiderably. In the first seven months of this year, nearly 9,000 bid packageswere offered online, doubling that in the same period of 2017. The figure isexpected to stand at about 15,000 in 2018.

Deputy Minister of Planning and Investment VuDai Thang said despite encouraging initial outcomes, there remain manydifficulties and challenges in developing e-procurement. Hence, the ministrywill push ahead with fine-tuning the legal basis, improving staff’s capacity,disseminating information to participants, and perfecting technicalinfrastructure.

Alexander Fox, Principal Procurement Specialistat the Asian Development Bank (ADB) in Vietnam, said the ADB particularlyrecommends the country modernise the VNEPS. It and the World Bank (WB) willalso strongly assist the Vietnamese Government to improve and promotee-procurement via the VNEPS.

After successfully testing some bid packages inseveral projects of the two banks on the VNEPS, the ADB and WB will expande-bidding for procurement and construction packages of projects funded withtheir capital, he noted.

Nguyen Anh Tuan, Deputy Director of the ministry’sPublic Procurement Agency, said the VNEPS helps improve the transparency andfair competition in government procurement. Steps in the bidding process areconducted completely online, helping participants save time, cost and manpowerfor the work.

Notably, e-procurement can help minimisenegative acts like cheating, collusion or obstruction in the bidding process.It is also able to keep information about bid prices and bidders’ namesabsolutely secrete before bid packages are put out to tenders, he stressed.

Tuan noted to develop the VNEPS, it is necessaryto improve the awareness of leaders in each entity taking part in the biddingprocess. Authorised agencies also need to improve policies on the management,technologies and operation of the system in order to align domestic legalframework with international practice. –VNA
VNA

See more

Workers at Dai Dong Tien plastic company in Ho Chi Minh City label and package products. (Photo: VNA)

HCM City to boost support for businesses amid US tariff concerns

In response to the new situation, many enterprises in HCM City said that they are proactively exploring new markets beyond the traditional US market while diversifying their product offerings tailored to various customer segments across different countries.

Vietnamese businesses are advised to seek new markets to adapt to the new situation. (Photo: VietnamPlus/VNA)

Vietnam advised to flexibly adapt to newly US tariff policy

Vietnam should continue bilateral negotiations with the US administration on major export commodities while guiding businesses in diversifying markets, attracting more US investments, and increasing purchases of goods from the US, an analyst has said.

Consumers shop at the WinMart Vo Thi Sau supermarket in Hanoi's Hai Ba Trung district. (Photo: VNA)

Hanoi keeps CPI well under control

The CPI for the first quarter of 2025 increased by 2.75% compared to the same period last year, indicating that inflation remains well under control.

Vietnam’s KRX trading system is set to go live on May 5. (Photo: VietnamPlus)

Vietnam to launch KRX trading system on May 5

The KRX system is currently in its final testing phase before full implementation. During this period, securities firms are conducting simulated trading sessions as if on a normal trading day.

Vietnam has proactively reviewed and adjust tariffs, particularly on US imports, as part of efforts towards balanced trade relations. (Illustrative photo - Source: VNA)

Vietnam reviews, adjusts import tariffs to promote trade balance

The Ministry of Finance is now working closely with other agencies to evaluate policy options that support businesses. Possible solutions include market diversification, supply chain optimisation, and leveraging opportunities from Vietnam’s existing free trade agreements.

Illustrative photo (Photo: VNA)

Retail petrol prices up in latest adjustment

Under the new pricing structure, E5 RON92 and RON95-III have increased by 341 VND and 495 VND per litre to a maximum of 20,373 VND (0.79 USD) and 20,919 VND per litre, respectively.

The Lumitel brand is being promoted on walls across Burundi. (Photo: Viettel)

Lumitel – A bright spot in Vietnam-Burundi collaboration

After a decade of operations, Lumitel has become the leading telecommunications provider in Burundi and one of the largest contributors to the Burundian government's budget, providing stable employment for over 60,000 workers and indirectly creating around 100,000 jobs.

Belarusian Deputy Prime Minister Anatoly Sivak speaks at the forum. (Photo: VNA)

Ample room remains for Vietnam - Belarus trade cooperation

To further develop the Vietnam-Belarus economic and trade relationship, it is essential to enhance trade promotion and investment initiatives such as trade fairs, forums, thematic workshops, and trade connections, which serve as an important bridge for businesses from both sides to meet, connect, and seek cooperation opportunities.

The 5th Exhibition of Ho Chi Minh City and Friendship Provinces and Cities in Savannakhet takes place from April 2 to 6. (Photo: VNA)

Vietnam, Laos boost trade at Savannakhet expo

Vice Governor of Savannakhet Saensak Soulisak highlighted the exhibition’s role in expanding trade collaboration, enabling businesses to connect, share experience, and explore investment prospects. He also noted its significance in promoting local products to a wider market.