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Kazakhstan Ambassador lauds ties with Vietnam | Politics | Vietnam+ (VietnamPlus)


Kazakhstan Ambassador lauds ties with Vietnam hinh anh 1Ambassador of Kazakhstan to Vietnam Yerlan Baizhanov (middle) at the press conference (Photo: Vietnamnet)

 

Hanoi (VNA) – Ambassador of Kazakhstan to Vietnam Yerlan Baizhanov highlighted
the long-standing relationship between the two countries at a press conference
in Hanoi on July 3.

The
relationship has been deepened across spheres, he said, stressing that
political dialogues have been upgraded by high-level visits.

In
2011, Kazakhstan’s President Nursultan Nazarbayev paid an official visit to
Vietnam. One year later, President Truong Tan Sang made an official
visit to Kazakhstan.

The
ambassador emphasised the two countries’ potential for economic cooperation,
saying their economies are reciprocal.

He
suggested Vietnam optimise Kazakhstan’s logistics potential, adding that the two
countries should cooperate in education.

Lauding
Vietnam’s success in the fight against COVID-19, the ambassador thanked
Vietnamese collectives and individuals for presenting masks and medical
supplies to Kazakhstan.

He informed that Kazakhstan has also launched two support packages worth 13 billion USD,
and the country plans to re-establish the state of emergency and quarantine
measures as from July 5./.

VNA





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GoViet to be rebranded as Gojek Vietnam | Business | Vietnam+ (VietnamPlus)


GoViet to be rebranded as Gojek Vietnam hinh anh 1Illustrative image (Photo: go-viet.vn)



HCM City (VNA) –
GoViet, one of Vietnam’s leading on-demand multi-service platforms, on
July 3 announced that it will unite its app and brand under Gojek to become
Gojek Vietnam.

Phung Tuan Duc, GoViet co-founder and former chief operating officer,
has been appointed as general manager of Gojek Vietnam.

Gojek is Southeast Asia’s leading technology group and a pioneer of the
integrated super app model connecting users to over two million registered
driver-partners and 500,000 merchants in over 200 cities across five Southeast
Asian countries.

The Gojek app, which is underpinned by a new international technology platform,
will enable the company to fulfil Vietnamese users’ changing needs and priorities
by innovating and introducing new features and products more quickly and
seamlessly.

The app will deliver improved user experience, with a cleaner, simpler user
interface and multiple feature upgrades. Vietnamese users will also be able to
access Gojek services in Indonesia, Singapore, and Thailand.

Since its launch in Vietnam in August 2018, GoViet has seen exponential growth,
establishing a thriving ecosystem of users and creating significant positive
social impact for drivers and merchants.

With services for motorbike ride-hailing (GoBike), logistics (GoSend), and food
delivery (GoFood), GoViet currently serves millions of consumers in Hanoi and
Ho Chi Minh City. It has created income-earning opportunities for more than
150,000 driver-partners and 80,000 merchants, the majority of which are micro,
small, and medium-sized businesses.

Andrew Lee, Group Head of International at Gojek, said Vietnam is the Gojek’s
first foreign market outside Indonesia.

Gojek commits to continuing this sort of success, he said, adding that by
uniting apps and brand, Gojek will be able to deliver an even better experience
for users./.





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Chinese firm to carry out 160-mln-USD logistics project in Cambodian capital | World | Vietnam+ (VietnamPlus)


Chinese firm to carry out 160-mln-USD logistics project in Cambodian capital hinh anh 1The Cambodian private transport sector currently faces a severe shortage of lorry parking (Source: Phnompenhpost)

Phnom Penh (VNA) China Good Cars Holding Ltd is looking for a strategic
location for its proposed 160-million-USD modern heavy vehicle parking terminal
on the outskirts of Phnom Penh to serve as a major gateway into the capital,
the Phnom Penh Post reported on July 2.

Company
representatives recently met with Phnom Penh municipal Governor Khuong Sreng to
discuss the project.

Spokesman of the Phnom
Penh Municipal Hall Met Meas Pheakdey said the capital city strongly supports
the project, given the severe shortage of lorry parking in the capital.

Cambodia Logistics
Association President Sin Chanthy stated that the facility, once operational, will
improve freight transportation and logistics in the country.

He said the private
transport sector currently faces a severe shortage of lorry parking.

The number of
registered vehicles in Cambodia rose 13 percent last year. Newly registered
vehicles last year totalled 640,183, including15,956 heavy vehicles, 92,958
cars and 531,269 motorcycles.

The COVID-19 is
seriously affecting the country’s logistics sector, with 10-15 percent of firms
forecast to go bankruptcy in the next three months./. 

VNA





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Danish companies exploring investment opportunities in Vietnam | Business | Vietnam+ (VietnamPlus)


Danish companies exploring investment opportunities in Vietnam hinh anh 1At the working session (Photo: VNA)

 

Can
Tho (VNA) –
Many Danish enterprises wish to seek information and
investment opportunities in Vietnam as the EU-Vietnam Free Trade Agreement
(EVFTA) is set to take effect, Troels Jakobsen, Commercial Counsellor at the
Embassy of Denmark in Vietnam, said on July 2.

He made the statement during a working session with authorities of the Mekong
Delta city of Can Tho, which is among eight localities the Danish Embassy plans
to pay fact-finding trips to.  

He said Danish businesses are looking for investment opportunities in green
growth, renewable energy, health, education, the environment, food safety, and
logistics, among others.

He also introduced the DANIDA financial programme to Can Tho, which is sourced
from the Danish Government and for public infrastructure projects.

According to the municipal Department of Foreign Affairs, Can Tho earned
174,100 USD from exports to Denmark in 2019, with fisheries being the staple.

The city purchased goods worth 36,900 USD from Denmark, mostly pharmaceutical materials,
agriculture products, and veterinary medicine./.

VNA





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Vietnamese, Indian medical corps discuss COVID-19 prevention | Health | Vietnam+ (VietnamPlus)


Vietnamese, Indian medical corps discuss COVID-19 prevention hinh anh 1Checking temperature for a Vietnamese citizen returning home from abroad (Illustrative photo: VNA)



Hanoi (VNA) –
Vietnamese and Indian medical corps
engaged in a teleconference on COVID-19 prevention and control on July 1.

The event was co-chaired by Director of the General
Department of Logistics’ Military Medical Department Maj. Gen. Nguyen Xuan Kien
and his Indian counterpart Lt Gen Anup Banerji.

Participants discussed the state of the pandemic in each
nation and shared solutions used in response to the disease.

Exchanging knowledge on diagnosis, prevention and treatment
measures, they highlighted the role of the army in the fight against COVID-19.

The sides agreed to continue organising more online conferences on the
topic among experts to talk about their demand for cooperation in building
treatment plans and assessing drug effectiveness./.  

VNA





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Cambodian logistics providers predicted to face bankruptcy amid COVID-19 | World | Vietnam+ (VietnamPlus)


Cambodian logistics providers predicted to face bankruptcy amid COVID-19 hinh anh 1Cambodian logistics providers predicted to face bankruptcy amid COVID-19 (Photo: The Khmer Times)

Phnom Penh (VNA) – The on-going COVID-19 pandemic is seriously damaging Cambodian logistic
providers, with about 10-15 percent heading for bankruptcy in the upcoming
months, according to the Cambodia Freight Forwarders Association (CFFA).

The Khmer Times quoted CFFA President Sin Chanthy as saying that many
providers are struggling to survive, some had already gone bankrupt, and
others will file for bankruptcy within the next two or three months.

The logistics providers have been adversely affected the COVID-19 pandemic, and
it hasn’t seen any sign as to when the situation will recover, he said.

Chanthy added that the traffic of goods and product exports have
dropped about 70-80 percent because there has been a dramatic decrease in
buying orders.

More than 100 member logistics firms of CFFA are struggling to survive as they are
facing financial distress, with an estimated 60 percent decrease in revenue, he
said.

The Cambodian Government decided to cut the 2021 State budget to 4 billion USD due to the impact of COVID-19, 50
percent drop from this year’s State budget. The Southeast Asian nation’s economy
is expected to grow by 3.5 percent next year.

Previously, the Asian Development Bank predicted Cambodia’s economic growth
will expand 2.3 percent  in 2020, while the
International Monetary Fund forecast that Cambodia’s GDP will experience a negative growth of 1.7 percent in 2020./.

VNA





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Ba Ria-Vung Tau focuses on making its IPs competitive | Business | Vietnam+ (VietnamPlus)


Ba Ria-Vung Tau focuses on making its IPs competitive hinh anh 1Phu My 3 Specialised Industrial Park in Phuoc Hoa Ward in Ba Ria-Vung Tau province. (Source: VNA)



Hanoi (VNS/VNA) –
Numerous suggestions for strengthening the
competitiveness of industrial parks and developing model industrial parks in the
southern province of Ba Ria-Vung Tau were discussed at a seminar held in the
province on June 25.

Organised by the Ba Ria-Vung Tau Industrial Zones Authority (BIZA), the
seminar, titled “Solutions to improve competitiveness of local industrial
parks; developing model industrial parks”, was attended by hundreds of local
authorities, experts and investors from the province and neighbouring areas.

They included executives, experts and representatives from the Korean
Trade-Investment Promotion Agency (KOTRA), Thailand Board of Investment (BOI),
Japan International Cooperation Agency (JICA), and The Japan External Trade
Organisation (JETRO).

The seminar collected ideas from experts and investors for inputs for a draft
political report to be submitted to the 7th meeting of the provincial Party
Committee for 2020-25.

During the seminar, experts discussed a number of issues that require attention
when building industrial zones. They also talked about experiences in building
standard models of industrial zones and lessons from them and how to go about
building standard models.

Foreign experts shared lessons in developing industrial parks from their
countries.

A Ba Ria-Vung Tau representative delivered a report on infrastructure
development and drawing investment in local industrial zones.

Model industrial parks to be developed

Improving the competitiveness of industrial parks and developing model
industrial parks are indispensable trends that provinces and industrial park
developers are following because sustainable development is what investors
focus on when they begin a project.

Experts said it is now difficult to ensure long-term profits without ensuring
environment, socials, governance/sustainable development goals (ESG/SDGs), the
three central factors in measuring the sustainability and societal impact of an
investment in a company or business because these help determine the future
financial performance of companies including return and risk.

Seeing the trend, industrial park developers and Ba Ria-Vung Taus authorities
are investing considerably to improve the quality of parks like adopting the
Internet of Things and other advanced technologies and applications and
generally upgrading infrastructure. They are also soliciting investments in
their parks from sectors with high value-addition.

Akira Shimizu, chief representative of JICA Vietnam, said: “In September 2015
the United Nations General Assembly adopted the 2030 Agenda for Sustainable
Development, which set the Sustainable Development Goals (SDGs), a collection
of 17 global goals designed to be a “blueprint to achieve a better and more
sustainable future for all.”

“Many international businesses put more awareness on SDGs, and convert their
SDGs awareness into concrete business actions. More specifically, companies
prioritise the SDGs based on their relevance to their countries and sectors of
operation. Companies must strike a balance between business growth and societal
and environmental impacts.”

Many Japanese businesses, as initiated by Keidanren (the Japan Business
Federation), place great emphasis on ESG, which contributes to achieving the
SDGs, thereby increase the companies values and create its positive image.

In other countries like the Republic of Korea, many model industrial zones have
been set up including the Korean Free Economic Zone (KFEZ), Incheon Free
Economic Zone (IFEZ), Busan-Jinhae Free Economic Zone (BJFEZ), Gwangyang Bay
Free Economic Zone, Yellow Sea Free Economic Zone (YESFEZ), and East Coast Free
Economic Zone (EFEZ).

In Vietnam, a number of model industrial parks have been developed to attract
foreign investors and provide them with the best investment environment.

“Vietnam’s trend is also eco-industrial development, and relevant legislation
is under development.” Shimizu said.

The trend is evident in Ba Ria-Vung Tau province, a member of the Southern Key
Economic Zone.

Thanks to the efforts of local authorities and investors, Ba Ria-Vung Tau is
now among the provinces in the country with the most developed industrial
parks.

Of its industrial parks, the Phu My 3 Specialised Industrial Park (SIP) is one
of model industrial zones in the whole country.

Phu My 3 Specialised Industrial Park (Phu My 3 SIP), the only one of its kind
in Vietnam, was established under a Government decision in December 2014. It
was built on an area of 999ha in Phuoc Hoa Ward, Phu My Town, Ba Ria-Vung Tau
Province by the Thanh Binh Phu My JSC, a 100 per cent Vietnamese private
company.

Phu My 3 SIP has world-class technical infrastructure and utilities designed
and built by professional global contractors to meet the demands of a wide
range of sectors like heavy industry, supporting industries, chemical and
petrochemical industries, and multi-sectoral industry.

The park has been investing to complete the synchronised technical
infrastructure, providing services of electricity, water, natural gas and
industry, telecommunications information … to the fence of customers’
factories. This is a big difference compared to other industrial zones and is
trusted and highly appreciated by investors.

Phu My 3 SIP provides comprehensive investment support services in multi
languages via a one-stop service that assists customers with all affairs relating
to investment procedures, legal issues, recruitment, logistics, and on-site
customs services.

With a port inside and logistic services available, the park is an ideal
destination for companies in all sectors ranging from heavy industry to
chemicals and automobile to supporting industries as it helps them cut costs
and enjoy comprehensive services.

The park has an excellent location with access to key traffic infrastructure
such as National Highway 51, National Highway 1A, the HCM – Long Thanh Dau Giay
Expressway, Bien Hoa – Vung Tau Expressway, the Trans – Asia Road,
inter-regional highways, inter-port roads, and inter-industrial zone roads.

Nguyen Thi Thao Nhi, chairwoman of the Thanh Binh Phu My JSC, said her company
is strengthening its relationship with international organisations like JETRO,
JICA, HCM City Japanese Friendship Club (JCCH), Korea Trade-Investment
Promotion Agency (KOTRA), Korean Chamber of Commerce (KOCHAM), American Chamber
of Commerce (AMCHAM), and European Chamber of Commerce in Vietnam (EUROCHAM),
Thailand Board of Investment (BOI) to attract more foreign investors to Ba
Ria-Vung Tau in general and to Phu My 3 SIP in particular.

Phu My 3 SIP recently attracted 20 projects, among that there are 3 Korean
investors, 1 joint venture from Switzerland, 12 Japanese investors with a total
capital of around 22.5 trillion VND.

Her company has kept investing in infrastructure and amenities to offer tenants
convenience.

For instance, it has offices for rent, a conference centre and a restaurant. In
future, it plans to build an 18-hole golf course, sports centre and lodging to
serve expats working and living in the park.

“Our goal is to develop a comprehensive modern industrial park that meets
international standards and attracts investors from diverse sectors while
ensuring sustainability and environment friendliness,” Nhi said.

The development of Phu My 3 SIP is clear proof that the development of
industrial parks is an indispensable trend the province has to pursue to reach
the goal of becoming an international logistics centre, ensuring sustainability
and doubling its economy within 15 years./.





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Logistics service industry ready for opportunities from EVFTA | Business | Vietnam+ (VietnamPlus)


Logistics service industry ready for opportunities from EVFTA hinh anh 1Illustrative image (Source: VNA)



Hanoi (VNS/VNA) –
Vietnam’s logistics service industry is preparing
infrastructure and techniques to grasp opportunities from the Europe-Vietnam
Free Trade Agreement (EVFTA) to attract foreign investors with a wave of
factories.

Insiders predict that the agreement would be a lever for Vietnam to receive
foreign direct investment (FDI) capital sources from European countries,
bringing many advantages for the local logistics service in the future.

Many businesses have been developing and expanding industrial parks in cities
and provinces nationwide, including HCM City, the southern provinces of Binh
Duong, Long An, Dong Nai and Ba Ria – Vung Tau and northern localities.

Vietnam’s industrial real estate market has become busy with the increase of
land lease contracts and factories concentrated in industrial parks and
provinces with deep-water seaports across the country. Therefore, this increase
will lead to a greater supply of logistics transport services in the country.

Experts said that this is understandable because manufacturing enterprises are
still leaving China due to the impact from COVID-19, as well as trade conflicts
with the US and manufacturers’ strategies to minimise reliance on one market.
This gives Vietnam an opportunity to become a new global production hub and an
essential foundation for the strong development of logistics services.

In this trend, authorities in the central province of Ha Tinh have recently
approved a plan for logistics centre development and Son Duong Port service at Vung
Ang Economic Zone.

The 159ha logistics centre is located behind Son Duong Port to become an
important link in the supply chain connecting the Son Duong-Vung Ang port
complex with other areas. This location is not only a key logistics centre of
the province, but also a hub in the central region connecting with the
East-West Economic Corridor and serving international trade activities.

Meanwhile, the major city of Hai Phong, the largest import and export gateway
to the northern region of Vietnam, has also conducted planning on a logistics
service system in the city. In 2019, cargo transported via this port reached
nearly 130 million tonnes.

Authorities in the southern province of Ba Ria-Vung Tau early this week rolled
out a plan to spend 20 trillion VND (850 million USD) from now through 2025 on
infrastructure to achieve their goal of comprehensive development. In which it
has a master plan including 69 ports, of which 48 are operational with a capacity
of more than 141 million tonnes a year. The total area of the specialised
warehousing in the plan is 2,312ha, and the current availability is around
224ha.

According to Bu Le Anh Hieu, Marketing Director of Long Hau Joint Stock
Company, which is the owner of Long Hau Industrial Park (IP) in the southern
province of Long An, the demand of warehouses will sharply increase after the
EVFTA comes into effect.

“The Long Hau IP has attracted many businesses building warehouses, and all has
been operating well. We have earmarked a large area in the Long Hau IP 3 to
wait for foreign investors after the EVFTA,” Hieu said.

“Recently, we received a lot of attention from investors in building cold
storage and warehouses, so the EVFTA will likely cause a shortage of warehouses
in the future,” he added.

Marko Walde, Chief Representative of the German Chamber of Commerce and
Industry in Vietnam (AHK Vietnam), said Vietnam is Germany’s second largest
trading partner in Asia with more than 4,000 German businesses exporting to
this country. However, in order to promote the attraction of FDI from Europe,
one of the important factors is to prepare high quality labour force and
skilled workers for manufacturing and logistics.

He said this is also a big challenge for Vietnam today when the number of
high-quality workers is not sufficient to meet the actual needs. Vietnam needs
to strengthen vocational training centres and courses to adapt to modern
production lines that require expertise and skills.

Nguyen Tuong, Deputy General Secretary of Vietnam Logistics Association (VLA),
said logistics enterprises currently lack technology manpower while foreign
logistics enterprises do not have advantages in warehousing.

“Therefore, to compete fairly at home, the Vietnamese logistics industry must
make more efforts in administration and order management, especially with the
Government’s support to have a specific roadmap for logistics reform,” Tuong said.

He also said that it’s needed to select a number of reputable businesses in
shipping and logistics services, who will receive the Government’s specific
policies to set up a long-term strategy such as tax, interest rate reduction
and support for loans.

“The Government should call on other industries to support this industry.
Along with that, it is necessary to develop railway transportation in logistics
activities.”/. 





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NA Chairwoman hails WB’s support for Vietnam | Politics | Vietnam+ (VietnamPlus)


NA Chairwoman hails WB’s support for Vietnam hinh anh 1National Assembly Chairwoman Nguyen Thi Kim Ngan (R) and WB Country Director in Vietnam Ousmane Dione (Photo: VNA)

Hanoi (VNA)National Assembly Chairwoman Nguyen Thi Kim Ngan has hailed the
World Bank and its Country Director in Vietnam Ousmane Dione for their contributions
to Vietnam’s development in various areas, especially in institution and
infrastructure development.

During
a reception in Hanoi on June 25, Ngan lauded Dione for contributing to ties
between the WB and Vietnam during his four-year tenure, saying that a number of
NA-approved bills and socio-economic projects received technical and
professional support from Dione and the WB.

She
said Dione directed the building of the World Bank Group Country Partnership Framework for Vietnam 2018 – 2022 with four priorities – inclusive growth and the private
sector’s participation, investment in human and knowledge, environment
sustainability and good governance. The lender also assisted Vietnam in realising
vision and implementing policy recommendations in the strategic report “Vietnam
2035”.

Dione,
for his part, highly valued the Vietnamese legislature for approving the
Public-Private Partnership Law and the European Union – Vietnam Free Trade
Agreement, especially amid rising protectionism at present.

He suggested Vietnam develop logistics and infrastructure, improve the efficiency of State agencies, modernise institutions,
enhance innovation and digital transformation, ensure social integration in the
spirit of “Leaving no one behind”.

Vietnam
plays an important role in gathering countries in Mekong River basin to discuss
solutions to relevant problems, he said.

About
this, NA Chairwoman Ngan said as a responsible country in the Lower Mekong
River, Vietnam wants to ensure an ecological environment for habitants in the
area so that the impacts of its changes to the river should be appraised.

She
informed his guest that the Vietnamese legislature adopted a Resolution
approving the master plan on socio-economic development for ethnic minority and
mountainous regions for the 2021-2030 period.

As Vietnam is in the period of economic recovery
following the COVID-19 pandemic, the WB’s policy recommendations are helpful to the
country, she said, adding that Vietnam is also willing to welcome a new wave of
investment, prioritise hi-tech projects to contribute to promoting digital
economy./.





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Vietnamese workers need upskilling to deal with post-COVID depression: report | Society | Vietnam+ (VietnamPlus)


Vietnamese workers need upskilling to deal with post-COVID depression: report hinh anh 1Illustrative image (Source: VNA)



Hanoi (VNS/VNA) –
A global economic recession caused by the COVID-19 pandemic
might put Vietnam’s economy at stake due to its strong dependence on partner
countries and the international trade environment.

It was stated in a recent rapid assessment report issued by the Vietnam
Chamber of Commerce and Industry (VCCI) in collaboration with the Australian
Aid and Logistic Vocational Training Advisory Board (LIRC).

Citing data released by the Ministry of Agriculture and Rural Development, the
report shows a drop of 2.8 percent in the total export value of agriculture,
forestry and fishery – Vietnam’s economic mainstays – compared to the same
period last year. 

The downward trend can be seen in most major export markets of the country’s
agricultural, forestry and fishery products, especially China – the largest
market share holder at 38.8 percent – with a decrease of 15.3 percent. The drop
in Vietnamese-made products to the US, which accounts for 23.8 percent of
market share, is even higher, at 15.8 percent.

Meanwhile, domestic social distancing orders have led to a drop in the demand
for essential commodities, triggering unemployment and poverty, according to
the report. 

“So far, the Government of Vietnam has been very effective in curbing the
pandemic. If the economy is supported by the Government to prevent mass
bankruptcy, especially for small and medium enterprises, this is a prerequisite
for the country’s post-pandemic economic recovery,” it said.  

COVID-19 has also had significant impacts on logistics vocational education and
training including the decline in training quality following the switch to
online teaching and the rising demand of upskilling to help trainees and
workers find new job after the pandemic, according to the report.  

“This posed the risk of millions of workers losing their jobs but at the same
time, inspired many new skills from employees to help businesses adapt to new
forms and scales of business,” the report said. 

“It is essential to adjust the demand of the labour market as well as update
new skills post-pandemic. In this case, vocational training, skills forecast,
and COVID-19 impact assessment will play a key role. Workers might have to
multi-task and apply technology innovation in doing their jobs,” said Vu Ninh,
head of LIRC./. 





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