Vietnam News Today (Jun 25): Made-in-Vietnam Goods Filling Vietnamese Consumers’ Shopping Basket

A health worker prepares to tend to Covid-19 patients at a hospital. Photo: VNA

Covid-19: Vietnam reports 653 new cases, over 9,350 recoveries on June 24

Vietnam recorded 653 new cases of Covid-19 and 9,351 recoveries in the past 24 hours from 4 pm June 23 to 4 pm June 24, according to the Ministry of Health. Hanoi still reported the highest number of infections on the day with 162 cases, followed by Da Nang with 47 and Yen Bai with 42, cited VNA.

Besides, the southern province of An Giang added 986 Covid-19 cases to the national caseload after verifying information. The national caseload reached 10,742,234.

A total of 9,351 Covid-19 patients were given the all-clear on June 24, bringing the number of recoveries so far to 9,637,275. There are 30 patients in serious conditions needing breathing support. No death from Covid-19 was recorded in the past 24 hours. The total fatalities stood at 43,084. On June 23, 730,627 doses of vaccines were administered, raising the total number of doses of Covid-19 vaccines injected to 228,484,003.

Made-in-Vietnam goods filling Vietnamese consumers’ shopping basket

Vietnamese commodities have made up 90% of goods sold in retail outlets owned by domestic enterprises and 60-96% of foreign supermarkets in Vietnam, according to the Ministry of Industry and Trade (MoIT), showing that more Vietnamese consumers are choosing Vietnamese goods.

In traditional retail channels, the ratio of Vietnamese goods in markets and groceries is at least 60%. Particularly, since Covid-19 broke out, 76% of Vietnamese consumers tend to prioritize domestic products, especially those with guaranteed quality and health benefits, according to VOV.

Photo: VNA

Le Viet Nga, Vice Director of the MoIT’s Department of Domestic Market affirmed that the campaign to encourage Vietnamese to prioritize the use of Vietnamese commodities has helped changed domestic consumers' and businesses’ awareness of domestic-made products. Nga underlined that with the clear origin, trademark, and quality that is comparable to foreign-made products, Vietnamese commodities are winning stronger confidence from domestic consumers.

Amid the Covid-19 pandemic, the transport of domestic products is much easier, she added.

According to the MoIT, 90-95% of goods on the shelves of major supermarkets in Hanoi such as Co.opmart, Vinmart, and Hapro are made in Vietnam. Meanwhile, the ratios range from 60-96% in foreign-owned markets such as AEON, Mega Market, and Big C.

In order to further spread the program of “Vietnamese prioritize Vietnamese goods” in an effective manner, in the time to come, the MoIT plans to organize more trade promotion activities and encourage the application of e-commerce in shopping activities. At the same time, the ministry will implement an annual program to identify Vietnamese goods on a national scale with the name "Pride of Vietnamese goods" and "Quintessence of Vietnamese goods" in 2022, with an aim to further enhance the position and competitiveness of Vietnamese goods amid the country’s deep regional and international integration.

Vietnamese, Lao, Thai provinces strengthen multifaceted cooperation

A conference promoting collaboration among Quang Tri of Vietnam, Savannakhet of Laos and Mukdahan of Thailand in trade, investment, tourism, labor, and communications took place in the central Vietnamese province’s Dong Ha city on June 24.

At the event, the sides agreed to implement their signed cooperation pact for 2022-2023 in these fields, with a focus on promoting networking among investors, proposing support policies for enterprises, and improving the quality of tourism products, among others, reported VNA.

At the event. Photo: VNA

They said they will boost their management of foreign workers; team up in high-quality vocational training; and exchange information on socio-economic development and experience on trans-national crime fight.

Earlier, the localities signed a memorandum of understanding on cooperation in these sectors in Savannakhet on November 1, 2019.

As a result, their firms have seen their trade and investment difficulties eased even during the Covid-19 period. The sides worked together to promote tourism, assisted their workers, and held communication campaigns on the traditional and comprehensive cooperation among them and their nations.

Stamps issued to mark the anniversary of Vietnam-Cambodia diplomatic ties

Cambodia’s postal service has issued a set of stamps with five designs to mark the 55th anniversary of diplomatic relations between Vietnam and Cambodia (June 24, 1967-2022).

The first design features the rumduol, the Cambodian national flower, and the Vietnamese lotus, which are combined with the national flags of the two countries to form the number 55, which represents the years of bilateral ties. The second stamp depicts the Hanoi-Phnom Penh Friendship Avenue in Phnom Penh, the construction of which was funded by Vietnam.

The first design features the national flowers and national flags of Vietnam and Cambodia.

The remaining designs feature a border market, the Friendship Monument, and the Cambodian National Assembly Building, which is all symbols of the friendship and mutual assistance between the two countries, cited NDO. The stamps are designed by the Vietnamese Cambodian designer Nguyen Thanh Chau, who is currently an official of the Khmer-Vietnam Society in Kandal Province.

Chau said he is happy that the Cambodian and Vietnamese authorities have agreed to issue his stamp designs on the 55th anniversary of diplomatic relations between the two countries.

Vietnamese Ambassador to Cambodia Nguyen Huy Tang spoke highly of the designer’s effort in depicting a number of outcomes of the bilateral cooperation relations in recent times.

Vietnam, and RoK strive to boost investment co-operation

The Vietnam Investment Promotion Conference was held on June 24 in Seoul to mark the 30th anniversary of diplomatic relations between Vietnam and the Republic of Korea (RoK). Upon addressing the event, Joo Si-bo, president of the RoK-Vietnam Economic Cooperation Association, underscored the importance of trade promotion activities between firms from both nations moving into the post-Covid-19 period.

Joo proposed a range of priority areas relating to future cooperation, including community-based health care aimed at dealing with the impact of the pandemic, the development of smart cities, digital economy sectors, and the restructuring of global supply chains.

He emphasized the necessity of strengthening ties to promote green industries, reducing greenhouse gas emissions to respond to climate change, and creating sustainable jobs, VOV reported.

Pham Tan Cong, chairman of the Vietnam Chamber of Industry and Trade addresses the event. Photo: VNA

Pham Tan Cong, chairman of the Vietnam Chamber of Industry and Trade (VCCI), pointed out with factors such as political stability, an abundance of human resources, advantages of export scale, a positive investment climate, and the signing of 17 free trade agreements (FTAs), Vietnam has emerged as the world's leading attractive destination for FDI attraction. This is in addition to improved transport infrastructure and rapid digital transformation are being upgraded very quickly.

He revealed that over the past three decades, the VCCI has actively co-operated alongside RoK partners, especially the Korea Chamber of Commerce and Industry (KCCI) to deploy trade and investment promotion programs in Vietnam.

At the event, experts expressed their firm belief in Vietnamese economic growth momentum moving into the post-pandemic period, while proposing co-operation in developing supply chains, applying environmentally-friendly technologies, as well as mitigating the impact of climate change.

Vietnam News Today (Jun 24): Australia, Vietnam Seek to Promote Trade and Investment Ties Vietnam News Today (Jun 24): Covid-19: 740 cases added to national caseload on June 23; Australia, Vietnam seek to promote trade and investment ties; National ...

Vietnam News Today (Jun 23): Local Airlines Spread Wings to Reach Lucrative Markets This Summer Vietnam News Today (Jun 23): Covid-19: Vietnam confirms 888 new cases on June 22; Local airlines spread wings to reach lucrative markets this summer; Vietnam, ...

Vietnam News Today (Jun 22): 41 Localities in Vietnam Develop ‘Smart Cities’ Vietnam News Today (Jun 22): Vietnam attends 16th ADMM in Cambodia; 41 localities in Vietnam develop ‘smart cities’; Vietnamese and German localities augment co-operation ties; ...