Vinh Phuc urged to intensify study, implementation of 13th National Party Congress’ resolution

The northern province of Vinh Phuc should continue to implement the Resolution of the 13th National Party Congress in association with the implementation of the Politburo’s Directive 05 on enhancing the studying and following of President Ho Chi Minh’s thought, morality and lifestyle, said Politburo member and Standing member of the Party Central Committee’s Secretariat Vo Van Thuong.

Working with provincial leaders on September 25, Thuong said that the province should focus on Party rectification and building, while paying more attention to decentralization and power delegation in pallarel with supervision, to ensure the smooth and effective operations of the whole system.

He advised Vinh Phuc to evaluate officials through the outcomes of their work, while strengthening the Party leadership over socio-economic development, strengthening pandemic prevention and control and promoting economic growth in all fields, especially in the rest of the year.

Alongside, the province should concentrate more on promoting the role of the Vietnam Fatherland Front Committee, local organisations and residents in Party building.

Secretary of the provincial Party Committee Hoang Thi Thuy Lan valued Thuong’s suggestions, pledging that Vinh Phuc will continue to work hard in implementing programmes and projects and resolutions to realise the 13th National Party Congress’ Resolution, striving to become a strong locality in economy and Party building.

Source: Vietnam News Agency

President’s trip to Cuba, New York bears great significance: Foreign Minister

The visit to Cuba from September 18-21 and working trip to New York, the US, from September 21-24 of President Nguyen Xuan Phuc and a high-ranking delegation bear great significance and meet all set targets, according to Foreign Minister Bui Thanh Son.

Talking to the press, the FM said the President’s trip has contributed to promoting the implementation of the external ties guidelines set by the 13th National Party Congress and delivered a strong message to the world on Vietnam’s foreign policy of independence, multilateralization and diversification, peace, friendship, cooperation and development, and that Vietnam is a reliable friend, an active and responsible member of the international community.

Second, the trip affirmed the loyal solidarity, mutual support and comprehensive cooperation between Vietnam and Cuba. FM Son stressed that the visit by President Phuc has breathed new life and created a new momentum for the special traditional ties between the two countries, as manifested in the release of a joint statement covering all fields and the signing of many cooperative agreements in agriculture, health care, justice, communications and information, energy and tourism.

The FM noted that even when its domestic supply of COVID-19 vaccine is still not sufficient to cover the entire population, Cuba still commits to provide Vietnam with 10 million doses of its Abdala vaccine, with 1 million doses delivered right during President Phuc’s visit. He added that Vietnam, while still struggling with various difficulties since the pandemic broke out, has also presented Cuba 23,000 tonnes of rice, including 6,000 tonnes delivered during President Phuc’s visit, along with medical supplies, maize seeds and computers.

Third, the active participation of President Phuc’s in the high-level debates of the UN General Assembly, the UN Security Council and other UN meetings shows that Vietnam is a peace loving country with aspirations for development, which makes active and constructive contributions to global peace, security and development issues, especially the COVID-19 prevention and control and post-pandemic recovery and sustainable.

FM Son noted that the President’s messages and proposals at UN meetings have received approval, appreciation and warm response from leaders of many countries and partners.

The diplomat went on to say that President Phuc had made use of the occasion of the trip to New York for the UN high-level general debate to meet with leaders of many countries, international organisations and businesses, helping strengthen external relations and the favourable environment for national peace, stability and development. In addition, the President’s trip has won the support of the international community for Vietnam’s efforts to control the pandemic and restore socio-economic development. FM Son noted that besides the 1 million doses of vaccine from Cuba which are brought home on the President’s flight back home, many partners have pledged to provide and sell vaccines to Vietnam. For example, the Republic of Korea promised to deliver more than 1 million doses of vaccine in mid-October and Hungary pledged to immediately deliver 400,000 doses. The Northwestern Medicine group will provide medical equipment worth 3.8 million USD, the Thermo Fisher, 270,000 test kits worth 2 million USD and David Duong, an overseas Vietnamese, 1,000 ventilators.

The diplomat also highlighted that during the President’s trip, many leading groups signed contracts and agreements worth billions of USD with Vietnamese counterparts. The trip also helped strengthen the international business community’s trust in Vietnam.

Regarding orientations and focus of the Vietnam-Cuba partnership in the new context, FM Son said that the two sides will concentrate on comprehensively promoting their special traditional friendship through the Party, State and people diplomacy channels across all fields of politics-diplomacy, defence, security as well as socio-economy.

He said the two sides will optimise the existing cooperation mechanisms to increase the exchange of theory and practical experience in socialism building and socio-economic development in each country. According to Son, Vietnam and Cuba will further expand and deepen economic partnership to match their sound political relations, focusing on agriculture, information technology, tranport, tourism, health care, pharmaceuticals, and vaccine production.

He added that Vietnam and Cuba will continue to unite, coordinate with and support each other at multilateral forums, thus enhancing the position of each country and making more positive contributions to peace, stability, national independence, democracy and social progress in the world.

Mentioning Vietnam’s plans for engagement in UN activities and common work of the world, Son said that in the time to come, Vietnam will prioritise the strengthening of its involvement in UN activities while promoting its role and unique identity through practical initiatives. In addition, Vietnam will increase its participation in UN peacekeeping operations and the implementation of UN top priorities, such as stamping out COVID-19, promoting sustainable and inclusive post-pandemic recovery and development, realizing Sustainable Development Goals, delivering on commitments on environmental protection, ensuring and promoting human rights, and promoting the restructuring of the UN, he said.

The FM stressed that Vietnam will continue to make full use of the support from UN agencies in resources, expertise and experience for national development in following years. Boosting the practical and effective cooperation with the UN will help Vietnam deepen ties with countries, partners as well as other multilateral organisations and forums, contributing to maintaining the peaceful and stable environment as well as mobilising international resources for the country’s socio-economic development and enhancing its position in the world arena, Son concluded.

Source: Vietnam News Agency

FDI businesses contribute ideas for production restoration in Da Nang

Representatives of foreign invested enterprises and business associations in the central city of Da Nang have made a number of proposals to the city on measures to recover production, one of which is to speed up COVID-19 vaccination for workers, in the hope of quickly resuming full production.

At a meeting with municipal authorities on September 24, they asked for the city’s help in regular COVID-19 testing fees for their workers, and favourable conditions for foreign experts to enter the city and the transport of goods. They also hoped to be updated with pandemic control regulations of the city.

Kim Jinmo, Vice Director of the Korea Trade and Investment Promotion Agency (KOTRA) in Da Nang said that Korean businesses support the city’s pandemic fight, but the quick change in pandemic response policies makes it hard for them to adjust. He said as the pandemic has basically been contained, the city should build a scenario for safely adapting to the pandemic and maintaining production at the same time.

Ciprian Bota, Director for Production of Universal Alloy Corporation urged the city to give priority to giving the second shot of vaccine to workers so that enterprises can resume operation at full capability. About 90 percent of workers in his corporation have received the first shot.

Ikeda Naoatsu, President of the Japanese Chamber of Commerce and Industry in Danang (JCCID) underlined the need to quickly resume trade connectivity with the outside, as many businesses are suffering from the disruption of supply chains, . He also suggested the city loosen regulations on travel permits, especially for workers.

Secretary of the city Party Committee Nguyen Van Quang said that the ideas given by foreign investors will help the city design a plan for pandemic prevention and control and socio-economic development amid COVID-19.

The city will promptly issue support policies to enterprises and workers, he said, affirming that the city will strive to inject the first COVID-19 vaccine shots to all local workers in early October and the second shots by the end of this year, while supporting local firms with 50 percent of COVID-19 testing fees.

He lauded efforts by FDI firms in pandemic prevention and control, expressing his hope that they will continue to strengthen the application of information technology in pandemic control, while increasing communications among workers on the need to strictly implement COVID-19 prevention measures, and providing support to workers to ensure their normal life.

Source: Vietnam News Agency

Vinamilk represents ASEAN in Top Valuable Global Brands in 2021

With a brand value of 2.4 billion USD, Vinamilk is the only representative of Southeast Asia to be listed in four global rankings on the world’s most valuable and strongest brands in 2021.

In Brand Finance’s latest Food & Drink 2021 report, Vinamilk was ranked eighth in the world’s top 10 most valuable dairy brands with a brand value of 2.4 billion USD, up 12 percent compared to 2020.

In addition, Vietnam’s largest dairy firm is listed as one of the three most potential dairy brands with the second-highest score.

Out of the dairy industry, Vinamilk also appeared in the two global rankings of the food industry, including the “Top 5 strongest global food brands” and “Top 30 of the 100 most valuable food brands worldwide”, placing 27th position, up 9 notches over 2020.

According to experts in the food and beverage industry, Vinamilk’s appearance in global rankings has demonstrated its strong sustainable development strategy, especially as the COVID-19 pandemic brought the world economy to a halt, affecting supply chains and making consumers tighten their purse strings.

According to Tran Thanh Hai, deputy director of Import-Export Department under the Ministry of Industry and Trade, dairy products are not Vietnam’s advantageous export commodity nor traditional agricultural product, but with active contribution and efforts of Vinamilk, Vietnam increased its export value.

“In addition to ensuring export product quality, building a business brand which also represents the country is very important, showing the development of an enterprise as well as Vietnam’s dairy industry,” Hai said.

Previously, Vinamilk has also appeared in prestigious world rankings with high positions. Most recently, Vinamilk was ranked 36th in the top 50 world dairy producers with the highest turnover and is also the only representative of Southeast Asia in this list.

“From being a milk importer, we are very proud that after 45 years of efforts and development, Vinamilk has stood in high positions in the global rankings in terms of both revenue size and brand value,” said Mai Kieu Lien, Vinamilk’s General Director.

“These results will further motivate Vinamilk’s leaders and employees to make more efforts to introduce the best products to consumers, and to bring Vietnamese milk to higher places in the world.”

Vinamilk currently has a system of 13 factories, 13 domestic dairy farms, three factories abroad and one large-scale dairy complex project in Laos. Braving challenges in the past two years due to COVID-19, Vinamilk has maintained stable production and business growth, especially posting impressive export growth.

In 2020, export revenue reached 5.56 trillion VND (242 million USD), up 7.5 percent compared to 2019. In the first six months of 2021, Vinamilk’s export activities recorded double-digit growth, reaching 2.8 trillion VND, up 13.1 percent compared to 2020.

The company is continuously expanding its foothold in the world. It is investing in the US, New Zealand, Cambodia, Laos and most recently it has set up a joint venture in the Philippines with Del-Monte which expects to launch products this month.

Source: Vietnam News Agency

Vietnamese aquatic products, fruits introduced at food exhibition in Russia

A number of Russia businesses displayed Vietnamese foods and agricultural products at the 30th International Food Exhibition (WorldFood 2021) in Moscow from September 21 – 24, which attracted over 600 businesses from 30 other countries worldwide.

The businesses introduce diverse products imported from Vietnam, such as plants and vegetables, seafood, processed poultry, milk and dairy products, confectionery, organic food, and beverage products.

Mariso Moscow Co.,Ltd – the distributor of products by Hai Vuong Co. Ltd of Vietnam’s central Khanh Hoa province, exhibited frozen tuna fillet and canned tuna products of the Vietnamese company at the event.

Before the COVID-19 pandemic, Mariso Moscow sold about 5,000 tonnes of frozen tuna fillet each year in the Russian market. However, it is now facing some difficulties in importing tuna.

Fresh fruits and vegetable products of Vietnam were also introduced by Russian importers at the exhibition.

Russia’s MevaFresh Co., Ltd is currently collaborating with a Vietnamese enterprise to import Vietnamese fresh fruit products to serve the demand in the Moscow market.

Currently, this company is working with Vietnamese partners to accelerate the transport of two containers of fresh fruits from Vietnam to Russia.

Aslan Salpaganov, Director of MevaFresh said that his company wants to regularly buy fresh fruits from Vietnam.

However, due to the COVID-19 pandemic, MevaFresh is meeting difficulties in transporting goods by containers from Vietnam to Russia, he added.

Source: Vietnam News Agency

Petrol prices rise from September 25

Retail petrol prices increased by more than 500 VND per litre from 3pm on September 25 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

The retail price of E5RON92 bio-fuel increased 573 VND to a maximum of 20,716 VND (0.91 USD) per litre, while that of RON95-III rose 548 VND to no more than 21,945 VND per litre.

The prices of diesel 0.05S and kerosene, meanwhile, went up 564 VND and 561 VND to 16,586 VND and 15,643 VND per litre, respectively.

According to the two ministries, the prices of petrol and oil in the global market have been rising for 15 days, resulting in the domestic price hike this time.

They review fuel prices every 15 days to keep domestic prices in line with the global market.

Source: Vietnam News Agency