Brand Building for Business Leaders in Digital Era

The organisers of Top Thai Brands 2017 are busy with the last preparations for the big event which is expected to bring big opportunities for businessmen to promote trade between the two countries, and for Vietnamese businesses to approach various high-quality Thai products. Top Thai Brands: bringing the best of Thailand closer to Vietnam Top Thai Brands 2017 is an important event in the series of trade promotion activities in Vietnam, with the slogan of “Stepping towards Globalisation,” co-organised by the Department of International Trade Promotion (DITP), the Ministry of Commerce of Thailand’s Office of Commercial Affairs, the Royal Thai Embassy in Hanoi, and Vietnam National Trade Fair and Advertising Company (Vinexad). The annual expo will take place from August 17 to August 20, 2017 at Hanoi International Exhibition Centre (ICE), Friendship Cultural Palace, 91 Tran Hung Dao street, Hoan Kiem district, Hanoi. Top Thai Brand has welcomed numerous visitors last year This year, Top Thai Brands will hold the first two days for trade (August 17 and 18), and the last two days for the public (August 19 and 20). This special arrangement aims to create favourable conditions for either trade promotion and businessmen, giving them the chance to introduce their products and services for the professional eye. This is a new outstanding feature of Top Thai Brands 2017. In particular, during the trading days,…... [read more]

Visitors at the 2016 VietFood, Beverage and Professional Packing Machines expo. — VNA/VNS Photo Hoang Hai The 21st annual VietFood, Beverage and Professional Packing Machines expo will be held in HCM City from August 9 to 12. More than 500 companies from 20 countries and territories will set up 600 booths to showcase their products, technologies and services used in the food and beverages, machinery and equipment, packing and food preservation, and franchise sectors. Local companies will account for half the total number with popular products like tea, coffee, other beverages, processed agricultural products, and fruits and dried fruits. The exhibition will see for the first time participants from countries like the Czech Republic, UAE, Brazil, and France. The expo will feature other events on its sidelines held in collaboration with the Vietnam Association of Retailers, HCM City Food and Foodstuff Association, Vietnam Beverage Association, Young Business Association, and the HCM City Business Association. Conferences on food and beverage retailing in Viet Nam and global retailing trends will be held in collaboration with the HCM City Food Association and Vietnam Association of Retailers. The event, to be held at the Saigon Exhibition and Convention Center in District 7, is being organised by the Vietnam National Trade Fair and Advertising Company in collaboration with the Ministry of Trade and Industry, Ministry of Agriculture and Rural Development and Food Standards Committee. — VNS   ... [read more]

NDO – The Vietnamese Embassy in Laos, in coordination with the Ministry of Defence’s Corporation 36, held a ground breaking ceremony for the construction of two social houses for families of Overseas Vietnamese in Laos, who are revolutionary contributors and policy beneficiaries, in Vientiane on August 1. Speaking at the ceremony, Vietnamese Ambassador to Laos Nguyen Ba Hung said that the project aims to pay tribute to those who have made significant contributions to the country. He expressed his gratitude to the Overseas Vietnamese in Laos, the Association of Vietnam Investors in Laos and the Vietnam-Laos Business Association of Cooperation and Investment (BACI) for providing financial support for the project. He also voiced his appreciation for the local authorities for promptly granting the license for the construction of the houses. Located in the Chanthabuly district, the two houses have a total area of 40 square metres each and will be built at a total investment of US$ 20,000. The project is scheduled to be completed within two months. One is to be built as a gift for the family of 89-year-old Nguyen Thi Lien, the widow of martyr Hoang Van Tri, who laid down his life in Ban Kuen, Vientiane, Laos, during the war against the French. The second will be presented to a poor beneficiary family in Vientiane.... [read more]

Prime Minister pins high hopes on private sectorTruc Diem<table align="left" cellpadding="0" cellspacing="0" class="sgtoimageleft" style="margin-bottom:8px" width="100%"> <tbody> <tr> <td align="center"> <img alt="" class="sgtoimageleft" rel="POPUP,600,400" src="/Uploads/Articles/55314/8d273_pm.jpg" style="WIDTH: 200px" /></td> </tr> <tr> <td class="sgtoimageleft"> Prime Minister Nguyen Xuan Phuc (2nd, L, first row) and other officials at the second Vietnam Private Sector Forum in Hanoi, with some 1,000 delegates from the private sector, ministries and institutions attending- PHOTO: CHINHPHU.VN</td> </tr> </tbody> </table> <p align="left" class="SGTOSummary"> HANOI &ndash; Prime Minister Nguyen Xuan Phuc, in his keynote address at the second Vietnam Private Sector Forum (VPSF) in Hanoi on July 31, called for private enterprises to further develop entrepreneurship to help develop the national economy.</p> <p class="SGTOContent"> The private sector should strive to boost its contribution to gross domestic product to 50%-60% in the coming years compared to the current 43%, the Government leader told the 1,000-strong forum.</p> <p class="SGTOContent"> In order to realize that vision, private enterprises need to take bold steps to expand business, and penetrate those areas whose products and services are in great demand globally, he said.</p> <p class="SGTOContent"> &ldquo;Enterprises should set forth long-term visions to global markets, focusing their resources to develop business in sectors that are in great demand in global markets&hellip; instead of simply consenting on their roles as suppliers or subcontractors to big local and international corporations,&rdquo; Phuc told the forum.</p> <p class="SGTOContent"> &ldquo;The Government is consistent on its goal to become an enabling Government, which will walk side by side with enterprises, and protect their legitimate…... [read more]

The High Quality Vietnamese Product Business Association, for the first time, will lead a business delegation that will participate in the 2017 ASEAN-India Expo and Forum to be held in Bangkok from August 2-5. — VNS Photo The High Quality Vietnamese Product Business Association will lead a business delegation that will participate in the 2017 ASEAN-India Expo and Forum to be held in August in Bangkok. Organised by the Thai Ministry of Commerce, the event is meant to strengthen the strategic partnership between ASEAN and India and enhance trade, investment and tourism connectivity between them. The event will have nearly 160 booths. The Vietnam Pavilion will promote the country’s image as well as specific cultural, culinary and tourism features, and introduce Vietnamese products with geographical indication status, national cuisine programmes, organic products, and porcelain. The national pavilion will also showcase 44 producers who make products that qualify as “high-quality Vietnamese goods - integration standards”. There will also be individual booths set up by 10 leading Vietnamese firms -- in sectors like dairy, cocoa, processed foods, and foods by Vinamilk, Vinamit, Co May, Bích Chi, and Vietnam Cacao and in others like ceramics, stationery, footwear, plastic, electric lights by Minh Long, Thien Long, Dien Quang, Qui Phuc, and Biti’s. Four Cuu Long (Mekong) Delta provinces – An Giang, Ben Tre, Can Tho and Dong Thap, collectively known as ABCD Mekong -- will introduce their specialities like coconut masks, dried lotus seeds, and…... [read more]

The second Vietnam Private Sector Forum (VPSF), chaired by Prime Minister Nguyen Xuan Phuc, is scheduled to be held on July 31 at Melia Hanoi. The first Vietnam Private Sector Forum in 2016 With the theme “From the Party Central Committee's Resolution 5 to the Action Programme of the Private Sector in Vietnam,” the forum will focus on discussions and dialogue between the government and the private sector in three key areas: agriculture, tourism, and the digital economy. Besides, trade facilitation, which is considered essential to the development of economic sectors, will be an important topic for discussion. In the framework of the forum, the signing ceremony of a memorandum of understanding (MoU) between the Vietnam Young Entrepreneurs’ Association (VYEA) and the Mekong Business Initiative (MBI) will be held to co-operate to develop the forum in the upcoming years. After the forum, the organisation board will publish VPSF’s White Book in August. This year the forum will welcome 1,000 delegates, representing the government, ministries, departments, leaders of cities and provinces, international organisations, and business associations, as well as economic experts and numerous CEOs from Vietnamese and foreign enterprises. VPSF is an initiative of VYEA and MBI, funded by the Asian Development Bank (ADB) and the Australian Government. The forum is considered a bridge between the government, public authorities, and the private sector for continuous and close consultation on public and private…... [read more]

New opportunities According to a report released at the Vietnam Business Forum, held recently in Hanoi, by the Ministry of Planning and Investment, the World Bank (WB) and the International Finance Corporation (IFC), the enterprises who took part in the survey said that Vietnam has made considerable improvements in its investment environment, especially in access to land and foreign currency exchange. These findings have in part confirmed the “Doing Business 2008 Report” where Vietnam has risen by 35 points on the “Access to credit” rankings. This year’s survey was based on opinions collected from 234 businesses, showing remarkable increases from 96 in 2005 and 202 in 2006. Out of the 234 respondent enterprises, 70 percent were domestic and 30 percent foreign - a reversal of the pattern over the past few years. This result can be attributed to a much more active participation by local business associations in this year’s survey. It also indicates that domestic business groups and enterprises are better aware of their roles in reporting their concerns and contributing their opinions to senior Government officials to help improve the investment invironment. Notably, foreign enterprises appreciated Vietnam’s efforts to upgrade its law and regulations in line with international regulations and practices, as indicated by 42 percent of foreign respondents taking notice of improvements in “ Conformity to international regulations and practices” Meanwhile, domestic enterprises have said that Vietnam’s admission to the WTO will require foreign enterprises to comply with international regulations on restructuring enterprises and improving their business…... [read more]

Many producers are now turning to new markets, such as the US and Japan, in addition to their traditional consumers in the EU. Statistics from the General Department of Vietnam Customs show that revenue from footwear exports hit US$1.73 billion by the end of March, up 16.1 percent over same period in 2012. Footwear is now one of the country’s key 10 export items with total earnings in the first quarter of 2013 surpassing US$1 billion. The signing of the Vietnam-EU Free Trade Agreement (FTA) and the Trans-Pacific Partnership (TPP) agreement expected in the coming months will bring more advantages to the sector. The TPP alone will help Vietnam penetrate to a larger market of 2.7 billion consumers that makes up half the global GDP. In addition, tariffs levied on imports to the US, one of Vietnam’s key markets, will be slashed to zero percent from the current 14.3 percent on average. Footwear and leather exports to TPP member states are expected to account for more than 47 percent of the sector’s total value, with the US having the lion’s share of 31 percent. The sector aims to reap US$9.7 billion in revenue this year, an increase of 10 percent over 2012. The Japanese market is also forecast to contribute significantly to the sector’s 20 percent growth in orders this year, especially since the Tokyo Business Association sent 10 footwear businesses to Vietnam to conduct market research at the end of last year. Over half of these businesses have subsequently…... [read more]

At the February 22 meeting in Moscow, Vietnamese ambassador Pham Xuan Son praised the Vietnamese Business Association in Russia (SBA) for proactively assisting Vietnamese enterprises iron out their snags in recent years and increase profits. “The Association has successfully functioned as a coordinating link between Vietnamese business and Russian partners and elevated Vietnam’s image to potential Russian investors”. “It has also acted in conformity within the legitimate rights of local enterprises in line with Russian regulations”, Son added. On this occasion, the SBA along with Incentra Company and the Overseas Vietnamese Association in Russia organized a gala dinner, which was attended by famous Vietnamese artists. The jubilee saw music and dance performances in praise of the homeland that left deep impressions on international friends and Vietnamese in attendance.... [read more]

At the two-day exhibition and conference, speakers are addressing a wide variety of topics regarding new trends and challenges in the logistics industry in the Asia-Pacific region in general and Vietnam in particular. “The conference provides a great opportunity for domestic businesses in the industry to forge new cooperative opportunities in the logistics sector,” said Do Xuan Quang, Vietnam Logistics Business Association President.. Quang said it also affords them a chance to connect with foreign companies and get a toe hold in the global supply chain and raise their prestige in the industry both domestically and globally. Vo Huy Cuong, deputy director of the Vietnam Civil Aviation Administration (VCAA), in turn said more than 50 foreign airlines from 25 countries currently conduct flights to Vietnam and the aviation market ranks third in terms of growth. Cyrille Picard, a representative from Boeing group said Vietnam aviation has obtained impressive growth, with a projected rate of 14% for 2015 with key products – techniques and electronics, mobile equipment, computer, semiconducting, garment and materials.... [read more]

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