Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Vietnam promotes economic, trade, investment cooperation with Central Asian countries
The Ministry of Industry and Trade (MoIT) will take measures to promote economic, trade and investment cooperation between Vietnam and five Central Asian countries (C5) of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.
 |
| Cargo handled at Cat Lai Port. |
According to the ministry, those countries have good traditional friendship relations with Vietnam and leaders of the two sides have paid much attention to promoting their cooperation. However, Vietnam-C5 economic, trade, and investment cooperation are still modest despite their great potential.
Meanwhile, C5 is emerging as a region of geopolitical and geo-economic importance in the world and many large economies such as the US, China, Russia, Turkey, and the EU are promoting their cooperation with it.
Building and implementing comprehensive solutions to promote economic trade and investment cooperation between Vietnam and C5 countries is essential, the ministry said.
In a recent notice, the ministry asked relevant departments and agencies to implement measures including perfecting the legal framework for economic-trade cooperation between Vietnam and C5 countries, developing a project on economic and trade promotion, holding meetings at ministerial and deputy ministerial levels, and enhancing the work of the intergovernmental committee mechanisms with Kazakhstan and Uzbekistan.
For Kyrgyzstan, Tajikistan, and Turkmenistan that currently do not have an intergovernmental committee mechanism with Vietnam, it is necessary to study an economic and trade consultation mechanism to agree on cooperation frameworks between the two sides.
The MoIT will coordinate with the Ministry of Agriculture and Rural Development and relevant establishments to work towards conclusion of agreements in the field of plant and animal inspection, and mutual recognition of product quality certificates to support Vietnam's export activities to C5 countries.
The ministry will provide information on C5 countries to Vietnamese businesses and assist in seeking suitable and safe payment methods for trading with partners in this region.
In addition, the Department of Trade Promotion under the MoIt was asked to preside over and coordinate with research units to annually organise trade and investment promotion delegations to attend large and prestigious fairs, exhibitions, and seminars held in C5 countries. Vietnam will boost promotions for Vietnamese industries, brands, and products to C5 businesses and consumers./.
Bài liên quan
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
