Chủ đề: Vietnam

Speaking at the Vietnam - Japan cooperation seminar on technology innovation, digital transformation, and supply chain diversification on May 1, Japanese Prime Minister Kishida Fumio, who visited Vietnam from April 30 to May 1, said that Vietnam holds an increasingly important position in the global supply chain. Out of a total of 92 projects to diversify supply chains supported by Japan in ASEAN, Vietnam ranks first with 39 projects. He also emphasized that the possibility of cooperation between Vietnam and Japan is unlimited.

According to the Vietnam Smarthome Report 2022, the number of startups, research and development (R&D) bodies, and smarthome production companies in Vietnam has increased rapidly compared to elsewhere in the region. Revenue in the market is expected to reach nearly $240 million this year, and with a compound annual growth rate of about 17.2 per cent in the 2022-2026 period will hit $453 million by 2026. Vietnamese smarthome brands are among the most popular with Vietnamese people, following Xiaomi from China.

The visit to Vietnam by IFC Regional Vice President for Asia and Pacific, Mr. Alfonso Garcia Mora, is expected to promote stronger growth in Vietnam’s private sector.

Analysts and business insiders believe that Vietnam’s blockchain sector has posted many milestones and is now among the global leaders.

According to Ministry of Foreign Affairs spokesperson Le Thi Thu Hang, as of March 17, Vietnam had reached agreement on the mutual recognition of vaccine passports with 17 countries and territories, including the US, the UK, Northern Ireland, Japan, Australia, Belarus, and India. It is still temporarily recognizing vaccination certificate samples from 79 countries and territories.

At a meeting with H.H. Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs of Saudi Arabia, on March 17, Prime Minister Pham Minh Chinh affirmed that Vietnam is ready to create the conditions necessary for investment funds and corporations from Saudi Arabia to do business in Vietnam. He also suggested that Saudi Arabia soon completely lift the import ban on Vietnamese seafood and increase imports of Vietnamese agricultural products.

On March 16, speaking at the APEC Finance and Central Bank Deputies’ Meeting 2022, Permanent Deputy Minister of Finance Tran Xuan Ha said that Vietnam’s fiscal and monetary policy will continue to focus on exemptions and reductions of taxes, fees, and charges, extensions to tax payment deadlines, interest rate support, debt rescheduling, preferential loans, and jobs support. At the same time, the country will allocate capital for infrastructure investment and improve its business and investment environment.

The Ministry of Industry and Trade (MoIT) will coordinate with the British Embassy in Vietnam to organize the “One Year of Implementing the UK - Vietnam Free Trade Agreement (UKVFTA): Outstanding Achievements and Upcoming Orientations” conference on March 15. The two sides will assess the role and level of support from the UKVFTA for export industries and businesses, especially in terms of recovering from the pandemic and creating growth momentum for Vietnam’s economy.

According to Deputy Minister of Foreign Affairs To Anh Dung, on the occasion of State President Nguyen Xuan Phuc’s visit to Singapore from February 24 to February 26, the two sides signed and exchanged 29 MoUs and contracts worth more than $11 billion in fields such as innovation, smart industrial parks, airport infrastructure, logistics, renewable energy, and environmental treatment, among others. The visit also promoted the strategic partnership between Vietnam and Singapore.

Within the framework of his State-level visit to Singapore, on February 25, State President Nguyen Xuan Phuc held talks with Singaporean Prime Minister Lee Hsien Loong. The two agreed to expand cooperation in the fields of innovation, digital transformation, digital economy, and green and sustainable development, towards “connecting the two economies on a digital basis”.

Foreign Ministry spokeswoman Le Thi Thu Hang affirmed on February 25 that Vietnam is concerned about the plight of the Vietnamese community in Ukraine in the face of recent developments. Vietnamese representative agencies in the area and domestic authorities are closely coordinating and preparing plans to protect citizens.

The World Health Organization (WHO) announced on February 23 that Vietnam, Bangladesh, Indonesia, Pakistan, and Serbia will receive mRNA technology from its mRNA technology transfer center. Addressing the online announcement ceremony, Minister of Health Nguyen Thanh Long said that Vietnam will produce mRNA vaccines on a large scale, not only meeting domestic demand but also supplying countries in the region and the world.

Analysts told the online “Developing a service management policy on the internet and promoting the development of the digital economy in Vietnam” seminar that in order for the digital economy to account for 20 per cent of GDP by 2025, in addition to promoting digital infrastructure development, Vietnam has been perfecting policies relating to digital technology, including legal policies for services on the internet.

The Ministry of Information and Communications (MoIC) has released an implementation plan for a project on better preventing and fighting internet crime and legal violations to 2025. The Vietnam Internet Network Information Center (VNNIC) will strengthen the management, registration, and use of international domain names, and issue regulations governing cross-border services.

At a meeting with the President of COP26, Alok Kumar Sharma, Minister of Natural Resources and Environment Tran Hong Ha included the implementation of the NDC (Nationally Determined Contribution) in the Law on Environmental Protection 2020. The ministry is also developing a plan to cut methane emissions. The “National Strategy on Climate Change to 2050” is to be submitted to the Prime Minister, and includes realizing the goal of zero emissions by 2050.

The White House has released the Indo-Pacific Strategy, which reaffirms its goal of promoting a “free and open region” as well as strengthening the US’s enduring position in the region. Vietnam is among the leading regional partners in the strategy.

Deputy Prime Minister and Head of the Price Management Steering Committee Le Minh Khai has asked nine ministries and sectors to closely monitor movements in supply and demand and price fluctuations in order to promptly respond and control inflation.

Vietnam aims to attract 8-9 million international visitors and cater to 65-70 million domestic tourists in the 2022-2023 period, with total revenue expected to reach VND400-VND450 trillion ($17.6-$19.8 billion). The country will focus on developing unique tourism products in each locality and region.

European businesses in Vietnam posted solid results in 2021 and are positive about 2022.

The Medicines Patent Pool (MPP) has announced it has signed contracts with 27 medicine manufacturers in eleven countries, now including Vietnam, to produce the Molnupiravir Covid-19 treatment. The UK, the EU, the US, Japan, and many other countries have recently licensed the use of the medicine.