- Halong-Fangchenggang sea route reopens
Director of provincial Department of Culture, Sports and Tourism, Ha Quang Long said the inauguration ceremony of the route is expected to take place on April 12 at Hon Gai Vinashin Port in Halong city.
- FTA would allow Euro trade ties to flourish
Vietnam and the European Union (EU) last year agreed to conduct the negotiations for a free trade agreement (FTA). This is a new milestone in the relations between the two parties since the signature of the first framework agreement in 1995.
- Ho Chi Minh City to boost investment in Laos
The Lao PM said he welcomed the visit by the delegation from HCM City and highly appreciated the city’s effective investment in Laos. He expressed his hope that HCM City will accelerate investment in such fields as education, training, agriculture, health care, industry and culture in the near future.
- Piaggio picks Vietnam as Vespa’s Asian R&D centre
The R&D centre complements the group’s manufacturing investment in the country. Since beginning local production in June 2009, Piaggio has sold more than 100,000 scooters in the Asian market.
- Vietnam Airlines present VND800 mil to Japan
The Director of Vietnam Airlines’ branch in Japan, Nguyen Minh Hai, sent condolences to victims of the devastating earthquake and tsunami and expressed hope that they would soon overcome difficulties and stabilise their lives.
- Finns look to cut open ethanol opportunities
The Finnish embassy’s Finland Trade Centre (Finpro) reported that Chempolis Ltd, which provides sustainable solutions for biomass, paper, biofuel and chemical industries, was exploring opportunities to set up a joint venture with Vietnamese partners. The move would transfer third generation cellulosic ethanol manufacturing technology, also the world’s most modern technology of its type.
- Vietnam-Qatar aviation, tax agreements take effect
Vietnamese Ambassador to Qatar Phung The Long and Ambassador Zayed Bin Rashid An Mansour Al-Nuaimi, Director of the Asia-Africa Department of the Qatar Ministry of Foreign Affairs, signed the minutes on the exchange of letters of approval of the Agreement on Aviation Transport in Qatar on April 21.
- Vietnam-Cambodia sign many MoUs on investment cooperation
At the conference, Vietnamese Ministry of Planning and Investment (MoPI) and Cambodian Development Committee signed a memorandum of understanding (MoU) on investment management and promotion, another MoU on investment license granting for Se San 2 hydropower project between Vietnamese Ministry of Industry and Trade (MoIT) and Cambodian Ministry of Industry, Mining and Energy and a MoU on investment license granting for projects such as cassava trading and production, sugarcane production, rubber growing and fertilizer production.
- Cooperation in seaport development: new but promising
It is obvious that Vietnam has potential and strengths for developing sea-based economy and seaports. Thanks to its efforts to promote these characteristic advantages in the past time, the Vietnamese sea-based economy is playing an increasingly important role in the Vietnamese economy and becoming a spearhead of the national economy with an annual growth rate of 25 percent. Particularly, port services and traffics serve an important role in the Vietnamese maritime economic development strategy.
- Japanese textile businesses select Vietnam
The Ministry of Industry and Trade reported that Vietnam’s garment and textile exports to Japan fetched $1.2 billion, making up 11 per cent of the nation’s total in 2010. At present, Japan is Vietnam’s third largest garment and textile importer, after the US and the European Union (EU).