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Vietnam and Singapore Forge Ahead in Innovation and Economic Sustainability

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In a recent interview, Singaporean Ambassador to Vietnam Jaya Ratnam highlighted three areas where the two countries have made significant progress in their 50 years of diplomatic relations. Fruitful results of continuing the close relationship between predecessors Vietnam, Singapore Pushes for Deeper Cooperation in Innovation Strategy and Economic Sustainability “Firstly, the leaders of the two countries always trust each other, continuing the close relationship of their predecessors. Second, both countries prioritize economic development. One of the most important cooperation projects is the Vietnam – Singapore Industrial Park (VSIP). Third, our two countries agree to build a peaceful and prosperous Southeast Asia within the framework of ASEAN. In Southeast Asia, Vietnam, and Singapore share common views on many issues, recognizing the importance of multilateralism and international law. We are jointly committed to upholding the central role of ASEAN and united in uph...
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Vietnam and Bulgaria Enhance Collaboration in Training Human Resources and Technology Transfer

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Speaker of the National Assembly of Bulgaria Rossen Dimitrov Jeliazkov with lecturers and students of Vietnam National University. Photo: VNA During his official visit to Vietnam, Speaker Rossen Dimitrov Jeliazkov of the Bulgarian National Assembly visited Vietnam National University in Hanoi on the morning of January 9. Speaking on the topic of “Bilateral Relations between Bulgaria and Vietnam through the Lens of Economic and Cultural Generations,” Speaker Rossen Dimitrov Jeliazkov emphasized that the generations of students from both countries play a crucial role in strengthening the longstanding relationship between Vietnam and Bulgaria. In addition to their focus on economic development, the two countries also place great importance on cultural development, drawing on their historical similarities. Bulgaria aims to foster cultural and literary traditions through teacher exchange programs. These foundations are vital for building a sustainable partnership between the ...
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Vietnam and Israel Sign Historic Free Trade Agreement to Strengthen the Retail Sector

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It is forecast that the size of Vietnam’s retail market will increase to US$350 billion by 2025. Photo: congthuong.vn The Vietnam-Israel Free Trade Agreement (VIFTA) was officially signed on July 25, and is expected by the business community to bring new opportunities for trade cooperation and export promotion. For the retail industry, this FTA is also expected to have positive effects for businesses in this industry. Israel is known as an innovation powerhouse, with more than 500 startups specializing in retail technology, providing solutions for wide-ranging applications, from logistics and supply chains to the in-store consumer experience. This is also the reason in recent years, multinational companies such as Nike, Alibaba and Walmart are increasingly interested in Israeli solutions. Therefore, when VIFTA was signed, Nguyen Anh Duc, chairman of the Association of Vietnamese Retailers and general director of Saigon Co.op assessed that there will be two aspects that...
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