Day: January 23, 2024

Hanoi: President Vo Van Thuong on January 23 decided to send longevity congratulations to 757 citizens who turn 100 years old in six provinces. The longevity wishes will be sent to centenarians in Hai Duong and Hung Yen in the north, Binh Thuan in the central region, and Dong Thap, An Giang and Kien Giang in the Mekong Delta. Earlier this month, the State leader made a similar decision, sending longevity congratulations to 1,632 citizens of 100 years old and more in 14 localities - Cao Bang, Bac Lieu, Bac Kan, Bac Giang, Da Nang, Ha Nam, Lang Son, Nam Dinh, Phu Tho, Quang Ninh, Quang Tri, Thanh Hoa, Thua Thien-Hue and Yen Bai./. Source: Vietnam News Agency

Nonthaburi, Department of Business Development Revealing "The best of 2023 in terms of investment in Thailand." Thai investors flocked to set up new businesses, exceeding 85,000, with a total registered capital of more than 560 billion baht, while foreign investors brought investment into Thailand reaching 130 billion baht, with Japan leading the number 1 position, it is expected. In 2024, the Thai economy continued to grow. Positive factors supporting investment Mrs. Oramon Sapthaweetham Director-General of the Department of Business Development revealed that the best of 2023 in terms of investment in Thailand" found that in 2023 there were 85,300 Thai investors registered to set up new businesses, considered the highest in ten years (2014-2023), an increase from 2022. Number of 8,812 persons or an increase of 12%, capital value of 562,469.64 million baht, an increase from 2022 of 132,640.83 million baht or 31%, with the top 3 businesses with the highest registered establishment being general building cons truction business, 6,524 persons, capital of 13,236.72 million baht, real estate business 6,393 Capital income 29,289.12 million baht and restaurant/restaurant business 4,0001 persons, capital 8,046.23 By setting up 85,300 new businesses in 2023, the most were established in Bangkok, 25,120, and the region, 60,180, with the central region having the highest proportion of business establishments, 17,581, followed by the southern region, 11,675 businesses, and the eastern region, 10,948 businesses. The highest number of business registrations in Bangkok were Watthana District with 1,632 registrations, Huai Khwang District with 1,277 registrations, and Khlong Sam Wa District with 993 registrations. Chonburi Province The highest number of business establishments was 7,370, Phuket Province 4,983 and Nonthaburi Province 4,583. There are 23,380 types of businesses that will cease operations in 2023, an increase of 1,500 from 2022. The capital value of discontinuing operations is 160,056.48 million baht, an increas e from 2022 of 33,008.08 million baht. The top 3 types of businesses that will cease operations are: General building construction: 2,166 cases, real estate business: 1,146 cases, and restaurant/restaurant business: 699 cases. As for countries that will invest in doing business in Thailand in 2023, number 1 is Japan with 137 people, investment of 32,148 million baht, accounting for 25.2% of the total investment. Number 2 is Singapore, 102 people, investment of 25,405 million baht. Number 3 is the United States, 101 people, investment of 4,291. million baht, 4th place China with 59 people, investment 16,059 million baht, and 5th place Hong Kong with 34 people, investment 17,325 million baht. As for the types of businesses that foreign investors are interested in doing business in Thailand, there are 136 contract manufacturing services with a capital of 42,644 million baht, computer services with 68 companies with a capital of 1,434 million baht, and consulting, guidance, and management services with 62 compa nies with a capital of 7,803. million baht. The countries that invested the most in Thailand's EEC area were Japan with 44 companies with a capital of 7,053 million baht, ranked 2nd, China with 30 companies with a capital of 4,128 million baht and Hong Kong with 10 companies with a capital of 14,573 million baht. However, the Department of Business Development Forecasting the number of new business establishments in 2024, the number of new business establishments will be at 90,000-95,000 people, an increase of 5-10%, with foreign investors bringing money to invest in Thailand increasing to 13-140 billion baht or an increase of 5-10% from 2023 etc. Source: Thai News Agency

Da Nang: Prime Minister Pham Minh Chinh has asked relevant ministries, agencies, and localities to promptly overcome the aftermath of a serious traffic accident in the central city of Da Nang. According to a report by the Ministry of Public Security, two people were killed and many others injured after a sleeper buss carrying 22 passengers plunged off a cliff at Km36 400 on La Son - Hoa Lien road in Hoa Bac commune, Da Nang city's Hoa Vang district, at 00:30 on January 23. Right after receiving information about the accident, the Prime Minister directed relevant agencies to extend condolences to the families of the deceased and visit and comfort the injures in the accident, and asked the police force and leaders of Da Nang city to the accident's scene to direct overcoming the aftermath and visiting the victims. In an official dispatch sent to relevant agencies on January 23, the Chairman of the Da Nang municipal People's Committee, who is also head of the city's Traffic Safety Committee, was asked to direc t relevant agencies and units to mobilise health workers, medicines and medical equipment to save the injured, conduct procedures related to the deceased, and visit the families of the victims. Da Nang authorities were requested to closely coordinate with relevant units of the ministries of Public Security and Transport, and the Dak Lak provincial People's Committee in inspecting the enterprise that operates the bus./. Source: Vietnam News Agency

Suphanburi, 'Kanchana' along with Banharn Jamsai Foundation Make merit and dedicate it to the 23 victims of the fireworks factory explosion. Ready to provide items and compensation money to the 17 families of those who died and instruct the governor to expedite inspection of firework factories in the area. Ms. Kanchana Silpa-archa, Advisory Chairman of the Chartthaipattana Party along with the Banharn Jamsai Foundation and the Permanent Secretary of the Ministry of Defense visited the area where the firework explosion occurred, Sala Khao Subdistrict, Mueang Suphan Buri District. To perform a merit-making ceremony to dedicate merit to the 23 people who died in the firework explosion incident. Relatives of the deceased bring sweet and savory food and light incense sticks to pay homage to the spirits. amidst sorrow Before there is a merit-making ceremony to dedicate merit to the deceased, with 10 monks performing the ceremony. Then Miss Kanchana Provided items and compensation money to the 17 families of the deceased, giving encouragement and expressing condolences for the incident. and urged the provincial governor to expedite inspection of firework factories in the area. Afraid of danger Without wanting this kind of incident to happen again. Source: Thai News Agency

Hanoi: Deputy Minister of Natural Resources and Environment Le Cong Thanh on January 23 had a working session with New Zealand Ambassador to Vietnam Trenede Dobson on cooperation between the two sides in the field of climate change response. At the meeting, the Vietnamese official informed the guest that his ministry is assigned to build a legal framework to certify carbon credit management, towards building a carbon market in Vietnam. He hoped that in that process, the ministry will receive support and exchange from partners, including New Zealand. For her part, Ambassador Dobson informed the host about the New Zealand Government's international climate finance strategy to contribute to global efforts to respond to climate change. Accordingly, the New Zealand Parliament approved a financial commitment of 1.3 billion NZD for the period 2022-2025, with at least 50% of the funding to be given directly to countries in the Pacific region to strengthen their climate change resilience, and at least 50% will be u sed to support developing countries in adapting to the impacts of climate change. Mentioning three New Zealand-funded projects in Vietnam, the ambassador affirmed that the New Zealand Embassy in Vietnam will work for the effective implementation of the projects. One of the projects aims to restore the Great Delta in Asia with financial resources of 18.6 million NZD (11.3 million USD); another will improve livelihoods and employment for female workers in the energy sector jointly implemented by the United Nations Development Fund for Women (UN Women) and the Vietnam Women's Union in Phase 1; and the third one will promote the effective use of energy funded by New Zealand in coordination with the Asian Development Bank Host and guest believed that the two countries will continue to promote cooperation in the field of climate change and support each other to overcome challenges toward achieving the common goal of carbon neutrality./. Source: Vietnam News Agency

As of Jan. 9, 23 companies, including PepsiCo, Tesla, 3M, and Bayer, among others, Signed up to participate in the 7th China International Import Expo Shi Jieqi (Daniel Shih), Vice President of PepsiCo Asia Pacific Group Affairs, said, 'The International Import Expo promotes economic and trade cooperation. It will also help PepsiCo better understand the Chinese market.' The 6 International Import Fairs received great results, with companies from 173 countries and regions participating to showcase their excellent products. The cumulative number of intended transactions will reach USD 424.23 billion by 2023. The Singapore Business Federation (SBF) led a representative working group of 500 senior executives from companies to participate in the International Import Expo. Kok Ping Soon, Group Chairman, said, 'The International Import Fair provides an important platform to expand business for Singapore companies. In particular, businesses in digital innovation and sustainable development are seeing high growth. ' Data from the Australian Trade and Investment Commission shows that more than 250 exhibitors attended the import expo. 6th China International Exhibition, Record Number of Exhibitors' Rio Tinto Group is the first Top 500 company to commit to attending the event for five consecutive years starting in 2024. Giguruwa Gamage Sathyajith Prasada, a Sri Lankan who has attended the International Import Expo 6 times, said, 'Thanks to the International Import Expo, red tea, chocolate and coconut oil and other products Our products are gaining great popularity in the country. As a result, many Sri Lankan farmers have a better life.' In 2023, exhibitors from 72 countries suggested a tourism resource investment environment. Advantageous industries and special products in own country, sincerity Hongqiao International Economic Forum Focus on global issues At the same time, the 6th Hongqiao International Economic Forum (Hongqiao International Economic Forum) was held. Heads of important international organizations Nobel and Turing Award winners and global executives of leading industrial companies. with more than 8000 honored guests exchanging opinions in depth To show wisdom in developing an open world Wang Dawei, Economic Affairs Officer According to the Globalization and Development Strategy Division of the United Nations Conference on Trade and Development (UNCTAD), 'The influence of the Hongqiao International Economic Forum is increasing. We take this forum as a platform to strengthen global exchanges and promote sustainable development as a high priority,' it said. The 2024 Hongqiao International Economic Forum will invite world-renowned guests to share their unique insights on key international issues. The 7th China International Import Expo welcomes an increasing number of exhibitors to the event. The 7th China International Import Expo will hold global roadshow activities in Sri Lanka, Singapore and Australia. We are also inviting many local companies to come and exhibit their products at the 7th edition of the ex po. Currently, more than 300 companies have applied to participate in the exhibition with an exhibition area of ??more than 130,000 square meters. Come and reserve your booth quickly through the website. https://www.ciie.org/exhibition/f/book/register?locale=enandfrom=press More enterprises secure early spots at CIIE 2024 Twenty-three companies had signed up early for the seventh edition in Shanghai on Jan 9. Among them are big names such as PepsiCo, Tesla, 3M and Bayer. 'The CIIE facilitates economic and trade cooperation, and has helped PepsiCo know the Chinese market better,' said Daniel Shih, vice-president of corporate affairs, APAC and Greater China at PepsiCo. Highlights of the CIIE in the past six editions. Over the past six years, companies from 173 countries and regions have made appearances in the CIIE and achieved tentative transactions worth $424.23 billion. Last year, six-time CIIE exhibitor Singapore Business Federation (SBF) led a delegation of over 500 senior business representatives fro m 56 Singaporean companies to search fresh market opportunities. 'The CIIE remains an essential platform for Singaporean companies to grow their business in the Chinese market, particularly in high-growth areas such as digital innovation and sustainability,' said Kok Ping Soon, CEO of the SBF. According to the Australian Trade and Investment Commission, CIIE 2023 had a record attendance of nearly 250 Australian exhibitors. 'We're excited to meet Chinese customers and for all CIIE attendees to see the premium products we have to offer,' said Jakob Stausholm, CEO of Rio Tinto, the first Fortune Global 500 company to make a 5-year commitment to the expo. starting in 2024. The Country Exhibition allowed 72 countries and international organizations to showcase their scientific and technological achievements, culture and art. 'Thanks to the CIIE, our products like black tea, chocolates and coconut oil are now popular in China, and many Sri Lankan farmers have improved their lives as a result,' said six-time CIIE pa rticipant Giguruwa Gamage Sathyajith Prasada from Sri Lanka. Hongqiao International Economic Forum spotlights global issues. This year's Hongqiao Forum will feature more globally renowned speakers who will share their insights on key international issues. Subsequent seminars will be conducted to invite opinions and suggestions for the topics to be discussed during the seventh Hongqiao Forum. As a crucial part of the expo, the sixth Hongqiao International Economic Forum, also known as Hongqiao Forum, had a record attendance of over 8,000 participants and featured 22 sub-forums covering a range of subjects. High-profile government officials, Nobel Prize laureates, and senior executives of industrial pacesetters from across the world were invited to discuss global issues such as financial reform and innovation, digital governance, and green investment. 'The Hongqiao Forum is showing increasingly extensive influence worldwide. We regard the forum as a premier platform to enhance global communication and promote sustainable development,' said Wang Dawei, economics affairs officer at the United Nations Conference on Trade and Development. CIIE 2024 welcomes more participants. The seventh CIIE will kick off another series of global roadshows from January 23 to 31 in Sri Lanka, Singapore and Australia, and more local firms are invited to participate in CIIE 2024 and embrace the vast Chinese market. To date, more than 300 companies have booked over 130,000 square meters of exhibition area for CIIE 2024, which will take place from November 5 to 10 in Shanghai. Grab your spot now at: https://www.ciie.org/exhibition/f/book/register?locale=enandfrom=press Source: Thai News Agency

Hanoi: The Ministry of Planning and Investment's National Innovation Centre (NIC) on January 23 held an event to review its activities under the United States Agency for International Development (USAID)'s Workforce for an Innovation and Start-up Ecosystem (WISE) programme. In his remarks, NIC Director Vu Quoc Huy revealed that the USAID supported NIC in implementing the programme during 2021-2023, aiming to train and further enhance the quality of Vietnam's human resources serving the Fourth Industrial Revolution. Over the three years, the initiative targeted strengthening basic digital skills as well as developing the market for digital skills training and innovative financial solutions for education. The NIC collaborated with numerous public and private partners to organise various training sessions, conferences, and in-depth seminars to address issues related to the development of high-quality human resources in key areas such as AI, cloud computing, product development, and smart factories. He noted t hat these activities successfully engaged many partners with a high level of outreach and were evaluated as effective. They also had a positive impact on the beneficiaries in reaching rural areas and vulnerable groups like labourers. The project also expanded connections with partners and networks, particularly innovation and startup centres, universities and colleges, which are hubs of intellectual resources. Douglas Balko, head of USAID Vietnam's office for state governance and economic growth, said integration is a focal point in the work of USAID, and through this partnership with NIC, WISE has supported partners in expanding access to innovation and digital skills training, narrowing the gender and urban-rural gap, and enhancing the country's digital workforce. The achievements of the programme will serve as a foundation for further progress and innovation, he said, adding that the initiatives and partnerships USAID has fostered will continue to develop strongly, creating a sustainable ecosystem for in novation and entrepreneurship in Vietnam./. Source: Vietnam News Agency