In anticipation of US President Barack Obama’s visit to Vietnam, Virginia Foote, president of the International Center, chairwoman of AmCham Hanoi, and CEO of Bay Global Strategies, spoke to VIR’s Thanh Tung about investment and trade prospects for the two nations. It is hard to believe how far we have come in a little over 20 years of normalisation and 40 years after the war ended. We reached $41 billion in two-way trade last year, and the growth trend is equally impressive for 2016. We have tens of thousands of Vietnamese students studying in the US and thousands of American businesspeople and non-governmental organisations working in Vietnam. We are enjoying each other’s agricultural products, and vacationing on each other’s beaches. Commerce has helped bring our two countries and people together. This month, we celebrate those advances with US President Barack Obama coming to Hanoi and Ho Chi Minh City to address such topics as economic and security … [Read more...] about TPP to usher in a new chapter of partnership and prosperity
How important is communication in a relationship
PTSC – Taking Long Strides in a Short Time Taking a look at “fruitful results” achieved by PTSC till today, it is likely to affirm that PTSC after 18 years of struggling with market turbulence like “fire proves gold-adversity proves men”, PTSC has affirmed its position in the integration period and well prepared to be the master of big sea. The brand of PTSC and other domestic enterprises have been shining in international platform, making Vietnam renowned internationally. After 5 years of equitisation, PTSC as a young man that is strong and full of vitality has taken a solid step with PVN on a journey to affirm the position of Vietnam oil and gas industry internationally. With a turnover of VND49.761 billion in the period of 2006-2010, equivalent to 123 percent compared to its yearly plan, PTSC enjoyed a growth of 37 percent/year. Total turnover in the period of 2006-2010 reached to VND2.750 billion by 133 percent as planned – a growth of 29 … [Read more...] about PTSC – Taking Long Strides in a Short Time
Linking Business Family Community in Vietnam The inaugural ceremony of the Vietnam Entrepreneur and Family Council will take place on October 20, 2013 in Hanoi. Previously, under the direction of the Vietnam Chamber of Commerce and Industry (VCCI), the council has collaborated with Vietnam Business Forum Newspaper to organise a seminar on “Roles of Vietnamese business families in economic development and international integration." The event aims to help the Vietnamese business community to understand more about the roles of business families in economic and social development. Important roles of business families in economic development Speaking at the seminar, VCCI President Vu Tien Loc said, based enormous contributions of Vietnamese business families to economic development, along with the actual needs of business families for strengthening unity, building family happiness, and promoting family business traditions to make greater contributions to the country’s … [Read more...] about Linking Business Family Community in Vietnam
Slovakia - Vietnam: Standing Firm in Their Relationship Slovakia and Vietnam are preparing for the 65th anniversary celebration of the establishment of the bilateral diplomatic relations scheduled for February 2, 2015. Over the past years, the two countries have recorded many significant achievements in their fine relations and multi-faceted cooperation. “The most prospective sectors for our bilateral cooperation include: energy, infrastructure, industry, defense, agriculture, geology and mining, healthcare, science and technology, environmental protection, water management, waste management, regional cooperation,” said H.E Igor Pacolak, Ambassador of the Slovak Republic to Vietnam in an interview with Vietnam Business Forum. Le Sang reports. Could you please assess the relations between the two countries over the past years? On the first of September, just one day before Vietnam National Day, Slovakia celebrates its National Day. Also the approaching 65th anniversary … [Read more...] about Slovakia – Vietnam: Standing Firm in Their Relationship
In early 2016, a book street was established in downtown Ho Chi Minh City in order to encourage citizens, especially youngsters, to read. The street, located on Nguyen Van Binh Street in District 1, is meant to nurture a reading culture through various activities and highlight the value and significance of books. Some foreigners have shared their point of view on the importance of reading, as well as their personal experience to encourage their children to fall in love with books. Australian Dr. Mike Turner, chair of the Business Department at Broward College Vietnam In Australia, the government supports free libraries in each suburb (district) where children can read books or borrow them and take them home. This is a free service and children can borrow up to five books and keep them for two weeks. The libraries are stocked with books for all ages and all interests. Many children have a library card and use it to borrow books. This means that they can read as many books as they … [Read more...] about How important is it to encourage your children to read?