Vietnamese Goods Identity Week opens in Vietnam’s big cities
Some 300 enterprises groups and associations are showcasing their products at Vietnamese Goods Identity Week - Pride of Vietnamese Goods fair, which opened on September 27 in Hanoi,Da Nang, HCM City.
Some 300 enterprises groups and associations are showcasing their products at the Vietnamese Goods Identity Week - Pride of Vietnamese Goods fair, which opened on September 27 in Hanoi, the central coastal city of Da Nang and Ho Chi Minh City.
The event, held as part of the Domestic Market Development project and Buy Vietnamese Goods Campaign for 2014-2020, drew the attention of thousands of consumers to 500 booths in Hanoi and 300 booths in HCM City displaying diverse garments, footwear, mechanic machines, industrial support products, farm produce and pharmaceutical products, among others.
A line-up of programmes are scheduled at the fair, including goods exchange activities, a “golden hour” for electronic and information technology product shopping, contests to identify made-in-Vietnam goods and a conference to connect sellers and buyers.
Speaking at the opening ceremony, Deputy Minister of Industry and Trade Ho Thi Kim Thoa highlighted that the event aims to foster the dissemination of high-quality Vietnamese products among domestic consumers while increasing Vietnamese commodities’ competitive capacity.
She added that the fair creates a valuable opportunity for consumers to access Vietnamese products and link enterprises to establish a Vietnamese goods channel distribution nationwide.
According to Vu Trong Kim, Vice President and Secretary General of the Vietnam Fatherland Front Central Committee, Vietnam is striving to make the “Buy Vietnamese Goods Campaign” known to all Vietnamese residents, businesses and provinces and cities selling Vietnamese commodities at stable prices by 2020.
The fair will run until October 2.-VNA
A “Vietnamese goods awareness” week will take place concurrently in Hanoi, Da Nang and Ho Chi Minh City from September 27-October 4, offering icraft and financially-struggling exhibitors free rent.
Russia was the 17th largest investor in Vietnam as of late June with 107 projects worth nearly 2 billion USD, as heard at a September 23 press conference in Hanoi on bilateral economic and trade ties.
Vietnamese Goods Week 2015 is set to kick-off on September 27 in Hanoi, HCM City and Da Nang to increase awareness of Vietnamese goods as well as their competitiveness.
Besides the government's important role in creating a favorable, transparent business climate, local companies should be more active and creative in preparing for more intensive global integration.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.