US state Nebraska, Binh Duong province ink multifaceted cooperation pact
Nebraska, a Midwestern state in the U.S., and Vietnam’s southern industrial province of Binh Duong have agreed to step up cooperation in many areas.
A memorandum of understanding (MoU) to this effect was signed Wednesday by Nebraska Governor Jim Pillen and Binh Duong Chairman Vo Van Minh. Pillen visited the southern province as part of a week-long visit to Vietnam aimed at exploring trade opportunities.
The two sides agreed to forge a strong relationship for mutual benefit, deepening collaboration in planning, infrastructure development, urban construction, trade and investment.
They also agreed to give priority to science, technology, trade promotion and investment in the high-tech sector, services, education, training and supply chain development.
Furthermore, they will work together to create optimal conditions for businesses to utilize investment opportunities in each other’s markets.
The Nebraska Governor said his state’s cooperation with Binh Duong would open up new collaboration opportunities.
Also on Wednesday, the governor visited the Eastern International University (EIU) in Binh Duong and witnessed the signing of an MoU between the local university and the University of Nebraska-Omaha on cooperation in training in science, technology, healthcare, technology, economics and other disciplines.
The two universities will also bolster their academic and student exchange programs.
EIU has been founded by Binh Duong-based Becamex IDC, a leading developer of large-scale industrial parks and urban areas in Vietnam.
“Nebraska has had many positive visits and exchanges with Vietnam over the years. This visit is another step in strengthening that bond,” Pillen said in a statement issued by his office Monday.
The governor’s entourage on this visit includes: Nebraska Department of Agriculture Director Sherry Vinton and other state officials; chancellor Joanne Li of the University of Nebraska – Omaha and other academics; and representatives of agriculture-related businesses.
- Read More
S Korea’s Star Group to operate $80 mln magnet factory in Vietnam from Feb
SGI Vina Co., Ltd, under South Korea-headquartered magnet manufacturer Star Group Ind. (SGI), plans to put its $80 million factory in Vietnam’s central province of Quang Nam into operation from February 2025.
Industries - Fri, December 27, 2024 | 10:19 am GMT+7
Vietnam air logistics faces numerous challenges for sustainable development: insider
The air transport market in Vietnam has recovered to pre-Covid levels, matching the performance of 2019, but it still faces numerous challenges to achieve sustainable development, says Vo Huy Cuong, an expert in this field.
Economy - Fri, December 27, 2024 | 8:15 am GMT+7
Exit ban proposed for legal reps of companies in Vietnam with $20,000 tax debts
Vietnam’s Ministry of Finance (MoF) has proposed an exit ban on legal representatives of businesses with tax debts exceeding VND500 million ($19,660) for more than 120 days, starting from 2025.
Finance - Thu, December 26, 2024 | 9:39 pm GMT+7
Carbon market: An opportunity for Vietnam businesses to engage in green economy
Carbon is an intangible commodity, but it is a product with significant value and potential for investment and business opportunities. However, it also presents many challenges for Vietnamese businesses that are not yet fully prepared, said experts at a seminar in Hanoi on December 25.
Southeast Asia - Thu, December 26, 2024 | 9:26 pm GMT+7
Vietnam businesses launch Lunar New Year gifts at affordable prices
In the context of a gradual economic recovery and people tending to tighten spending, a series of affordable Lunar New Year (Tet) gift baskets have been launched by businesses in Vietnam with diverse designs.
Southeast Asia - Thu, December 26, 2024 | 9:22 pm GMT+7
Thai fintech firm plans to complete acquisition of Home Credit Vietnam in early 2025
Thailand’s fintech giant SCB X has announced a plan to complete its acquisition of Home Credit Vietnam Finance Co, the consumer finance arm of Home Credit NV (Home Credit Group), in the first half of 2025, pending regulatory approval.
Southeast Asia - Thu, December 26, 2024 | 9:12 pm GMT+7
Vietnam’s aviation industry soars towards growth
Vietnam’s aviation industry is experiencing a recovery and promising growth opportunities, boosted by falling fuel prices and surging travel demands.
Travel - Thu, December 26, 2024 | 9:10 pm GMT+7
Russia’s major automobile brand AvtoVAZ seeks to enter Vietnam
AvtoVAZ, the biggest automobile producer in Russia, is sending nine automobile models to Vietnam for inspection and licensing, in order to export the cars to Vietnam, Russian Embassy to Vietnam said at press conference on Thursday.
Companies - Thu, December 26, 2024 | 6:12 pm GMT+7
10 outstanding international events in 2024
Vietnam News Agency has selected 10 stand-out international events in 2024
Southeast Asia - Thu, December 26, 2024 | 6:04 pm GMT+7
Thailand’s exports in 2024 poised to hit record high
Thailand’s exports are on track to achieve a historical high of $300 billion this year, up 5.2% year-on-year, according to the Ministry of Commerce.
Southeast Asia - Thu, December 26, 2024 | 5:08 pm GMT+7
S Korea pins high hope on FTA with Philippines
The South Korea-Philippines Free Trade Agreement (FTA), set to take effect next week, will help the former further bolster its trade portfolio and contribute to maintaining a stable supply chain, South Korean Minister of of Trade, Industry and Energy Cheong In-kyo said Thursday.
Southeast Asia - Thu, December 26, 2024 | 4:51 pm GMT+7
Taiwan electronics firm Lite-On to build $690 mln project in Vietnam next quarter
Taiwan-based Lite-On Technology Corporation, a world's leading provider in optoelectronics and power management, is set to begin building the first phase of its $690 million project in Vietnam’s Quang Ninh province in Q1/2025.
Industries - Thu, December 26, 2024 | 4:17 pm GMT+7
Vietnam's F&B sector to see modest recovery in 2025: broker
Vietnam's food and beverage (F&B) sector has seen growth since Q2/2024 - the first signs of recovery, and the sector is expected to see modest recovery in 2025 due to consumer caution, according to leading broker SSI Securities.
Economy - Thu, December 26, 2024 | 4:05 pm GMT+7
Jewelry major SJC appoints acting CEO after six employees subject to investigation
Saigon Jewelry Company Limited (SJC), Vietnam's leading jewelry maker, has appointed deputy CEO Dao Cong Thang as acting CEO, replacing Le Thuy Hang.
Companies - Thu, December 26, 2024 | 2:36 pm GMT+7
Vietnam to slap 97% anti-dumping duty on China’s wind towers
Vietnam’s Ministry of Industry and Trade will apply an anti-dumping duty at 97% for five years against wind towers imported from China.
Economy - Thu, December 26, 2024 | 2:02 pm GMT+7
Vietnam overcomes Bangladesh to become world’s 2nd-biggest apparel exporter
Vietnam’s apparel-textile sector is set to earn an export revenue of $44 billion this year, up 11% year-on-year, and will likely surpass Bangladesh to become the world’s second-biggest exporter in the sector.
Economy - Thu, December 26, 2024 | 11:14 am GMT+7