The prices of smartphones and TVs sold through e-commerce platforms often are cheaper than those sold in traditional shops, but buying them may have risks relating to quality and warranty. Thuy Duong, who lives in Hanoi’s Ha Dong District, bought a 43-inch TV for VND5 million (US$211.9) on an e-commerce platform, which was nearly VND2 million cheaper than the price in traditional stores. One week after she bought the TV, her friend discovered that the TV had been used for nearly 200 hours as a display item. The online stall on the platform denied responsibility, and the platform’s call center ..read more

Prime Minister Pham Minh Chinh called on Belgian firms to expand their business in Vietnam during the Vietnam-Belgium Business Forum in Brussels on Thursday. In his speech, PM Chinh stressed that the world is changing rapidly and no country can handle global issues such as strategic competition, risks of conflicts, food crisis, energy crisis, and climate change on its own, thus nations need to strengthen international solidarity and uphold multilateralism. The bilateral ties between Belgium and Vietnam have grown dynamically and practically across all fields, from politics to economy, cultur ..read more

Tran Dang Khoa, Deputy Director of the Authority of Information Security under the Ministry of Information and Communications. (Photo: VNA) Hanoi (VNA) – Vietnam’s cybersecurity situation has reported many successes in 2022, according to Tran Dang Khoa , Deputy Director of the Authority of Information Security under the Ministry of Information and Communications. Khoa said that this year, his agency has directly prevented 2,328 scam websites , including 1,342 online sites and 986 websites and network addresses with illegal content. The action has contributed to protecting nearly 4 milli ..read more

What are you expecting from this visit and how important will it be for the two countries’ ties, especially in trade and investment? Dutch Ambassador to Vietnam Kees van Baar The visit of PM Chinh highlights the excellent bilateral relations between the Netherlands and Vietnam, in which we look forward to celebrating 50 years of such ties in 2023. Last week the Dutch Minister for Foreign Trade, Investment and Development Cooperation Liesje Schreinemacher visited Vietnam along with 44 companies. The event resulted in agreements representing a total value of €65 million ($68.4 million ..read more

In April, the prime minister approved the Commodity Import-Export Strategy to 2030 (EIS). The overall aim of the EIS remains to support sustainable development of trade with a stabilised model with the ability to promote competitiveness and create comparative advantages, develop local brands, and improve the country’s participation in the global value supply chain. Vaibhav Saxena – Lawyer, VILAF The EIS provides for three main objectives. Firstly, it will embark on sustainable import and export on the basis of harmonious cooperation among the commodity, market formation, and trade b ..read more

What are the highlights of Lalamove’s performance over the past two years? How can the company support businesses, especially small- and medium-sized enterprises (SMEs), to maximise their budget? We have been trying to be highly flexible for the last few years. The different types of vehicles that we have and the sheer volume of driver partners that we have helped us to fill a vital logistics role during COVID-19. We’ve managed to scale up in a short period of time so that we can serve needs during the pandemic, whether it’s lock down or when the economy is not strong. You can imagine over th ..read more

A grape farm in Dan Phuong commune, Dan Phuong district of Hanoi. (Photo: VNA) Hanoi (VNA) – The capital city of Hanoi has set a target that hi-tech farm produce will account for 70% of its total agricultural products by 2025. Hanoi is implementing concerted solutions to attract resources to develop sustainable high-tech agriculture and export agricultural products to international markets. According to Nguyen Ngoc Son, Deputy Director of the Hanoi Department of Agriculture and Rural Development (DARD), to ensure the standards of exported agricultural products, the city has granted eight co ..read more

How do you assess the implementation of internal audit in Vietnam’s publicly listed companies compared to other developed markets? Anthony Pugliese, president and CEO of the Institute of Internal Auditors First and foremost, that businesses in Vietnam meet the requirements of Decree No.05/2019/ND-CP on internal audit, which came into effect in April 2019, is critical. The move is in line with international best practices, enhancing transparency and effectiveness in corporate governance. This is especially commendable as Vietnam looks to attract greater foreign investment. On the oth ..read more

There, he had working sessions with leaders of North Brabant province, Brainport Eindhoven, and major enterprises. Talking to Vice Governor of North Brabant Martijn van Gruijthuijsen and other participants, Prime Minister Pham Minh Chinh said over the last nearly 50 years, Vietnam and the Netherlands have enjoyed flourishing cooperation in most aspects, including highly fruitful partnerships in climate change fight, between Binh Duong province and Eindhoven city, between the Becamex corporation and Brainport in smart city building, and between An Giang and North Brainport provinces. There are ..read more

PM Pham Minh Chinh (R) meets Vice Governor of North Brabant province Martijn van Gruijthuisen on December 11. (Photo: VNA) Eindhoven (VNA) – Prime Minister Pham Minh Chinh visited North Brabant province of the Netherlands on December 11, as part of his official visit to the European country. In North Brabant, he visited Eindhoven city and the innovative technology region of Brainport Eindhoven, met Vice Governor of the province Martijn van Gruijthuisen, and had a working session with some hi-tech enterprises of the Netherlands . He said he is impressed with socio-economic dev ..read more