Vietnamplus

Bilateral trade between Vietnam and African economies has made significant growth in the past decade, however, there is still room for improvement.

Many banks and finance companies have proactively adopted technologies to provide digital financial services, Nguyen Hoang Minh, a senior central bank official said.

Lao Prime Minister Thongloun Sisoulith hosted a reception in Vientiane on December 6 for a delegation of the Vietnamese Ministry of Culture, Sports and Tourism led by Minister Nguyen Ngoc Thien who have been on a two-day working visit to Laos.

A symposium was held in Hanoi on December 6 to discuss and collect opinions on policy recommendations by development partners of Vietnam for the building of a socio-economic development strategy for the 2021-2030 period.

With its potential and advantages in industrial development, the northern province of Bac Giang has been an attractive destination for investors, especially those in industrial sectors such as electronics, food processing, mechanics, chemicals, and construction material production.

A global glut of coffee has come to an end, and the price of coffee is likely to go up in the near future, according to industry insiders.

The Japan External Trade Organization (JETRO) opened the Japan-Vietnam Agricultural Business Meeting 2019 in Hanoi on December 5.

The Ministry of Agriculture and Rural Development (MARD) held a meeting in Hanoi on December 5 to discuss ways to sustainably develop raw material areas and improve processing capacity and market access for agro-products of Vietnam.

A programme to train 100 key experts for the e-Government building scheme will be launched on December 20.

Vietnam’s coffee sector needs to have strategies to improve material quality and step up intensive processing to increase export value and incomes for farmers as well as develop Vietnamese coffee brand, said experts at the Vietnam Coffee Week in HCM City on December 4.

The national innovative start-up day, Techfest 2019 kicked off on December 4 in Ha Long city, the northeastern province of Quang Ninh.

Malaysia held a ceremony in Cyberjaya town on December 4 to launch the Asia-Pacific Economic Cooperation (APEC) 2020, themed “Optimising Human Potential Towards a Future of Shared Prosperity”.

The Council for the Development of Cambodia (CDC) recently approved three investment projects in the handbag and garment sector with a total capital investment of 8.8 million USD, according to the Phnom Penh Post. ​

Officials of the Mekong Delta city of Can Tho had a meeting with a delegation of the Japan International Cooperation Agency (JICA) on December 4 to discuss agricultural cooperation programmes and promote Japanese investment in the city.

Platinum Victory Pte Co Ltd, a wholly-owned subsidiary of Singapore-based automotive group Jardine Cycle and Carriage, plans to buy three million shares of the Refrigeration Engineering Corporation (REE).

Festo, a German supplier of automation technology and technical education, plans to set up a plant in Vietnam to take advantage of the increasing foreign investment and production in the country.

With the Vietnamese economy still growing, firms' boards of directors should develop to take advantage of opportunities, a top businessman has said.

Vietnam’s export turnover of wood and forestry products is forecast to hit 11 billion USD in 2019, according to an official from the Vietnam Administration of Forestry (VAF).

It is forecast that climate change will increase the risk of forest fires next year, therefore concerned organisations should be vigilant and prepare for fire prevention and control.

The Smart Grid Week Vietnam 2019 has been underway in Hanoi since December 2, featuring a series of conferences and workshops for government officials, national and international professionals and partners as well as associations.