Seven Vietnamese executives on the Forbes list of the richest people in the world.
The seven Vietnamese on the Forbes list of the richest individuals in the world are Vingroup Chairman Pham Nhat Vuong, VietJet Air CEO Nguyen Thi Phuong Thao, Hoa Phat Steel Chairman Tran Dinh Long, Techcombank Chairman Ho Hung Anh, Thaco Chairman Tran Ba Duong, Masan Chairman Nguyen Dang Quang and Nova Group Chairman Bui Thanh Nhon.
This is the first time Nova Group Chairman Bui Thanh Nhon has been named among the richest people in the world by Forbes with his net worth of 2.9 billion USD, ranking 1,053rd worldwide. The other six were honoured last year.
Vingroup Chairman Pham Nhat Vuong, VietJet Air CEO Nguyen Thi Phuong Thao, and Hoa Phat Chairman Tran Dinh Long are among the 1,000 richest in the world.
The Vingroup executive has his net worth of US$6.2 billion, ranking 411th globally. This is his 10th year in a row he has been named as one of the richest people in the world. He was first honoured in 2013 with his net worth of 1.5 billion USD.
Various Vietnamese fruits able to be exported to Iran
Vietnamese dragon fruit (Photo: nongnghiep.vn)
Iran is a market with high demand for agricultural products and tropical fruits – which are Vietnam’s advantages, heard a recent export consultation session held by the Trade Promotion Agency, according to Vietnam News Agency.
Nguyen Thu Thuy, deputy head of the agency’s Export Promotion Centre, said that with a population of nearly 86 million, the market holds a large consumption volume compared to other countries in the Middle East.
In recent years, the annual trade turnover between Vietnam and Iran has remained at just over 100 million USD – a modest figure considering the latter’s demand for many strong agro-products of Vietnam.
Vietnam mainly exports agricultural and fishery products such as pepper, cashew nuts, tea, coffee, natural rubber products, vegetables, fruits, handicrafts, and timber products to Iran.
According to Nguyen Thanh Long from the Vietnam Trade Office in Iran, Vietnamese and Iranian agro-products hold great complementary effects and do not have much competition within the same product category./.
Hoi An welcomes first foreign tourists in 2022
Tourists from the United States take photos at Cau Pagoda in Hoi An city. (Photo: VNA)
The popular tourist town of Hoi An in the central province of Quang Nam welcomed 126 foreign tourists on April 5 following the hiatus caused by COVID-19.
The tourists, from the US, visited famous destinations in the ancient town then took a boat trip to Thanh Ha pottery village.
On April 7, Hoi An expects another group of 50 foreign visitors. Local authorities are hoping more foreign arrivals will revive the tourism industry, and promote the image of Hoi An as a safe, friendly destination.
Since the last foreign tourists visited last November, Hoi An has focused on preparing for its reopening.
On March 15 when the country fully opened the tourism sector and Da Nang resumed international flights, many foreign tourist groups have announced their plans to make Famtrips and Presstrips to Da Nang and Hoi An.
Vietnam hopes for technology transfer in coal mining, processing from Australia
Minister of Industry and Trade Nguyen Hong Dien. (Photo: moit.gov.vn)
Vietnam hopes to establish long-term stable trade and investment ties with Australia and receive technology in sustainable coal mining and processing from Australia, said Minister of Industry and Trade Nguyen Hong Dien.
According to Vietnam News Agency, the minister made the suggestion during an online working session on April 5 with Tania Constable, Chief Executive Officer at Minerals Council of Australia, and leading coal and mineral exporters of Australia.
He also noted that the Governments of the two countries have agreed to set up dialogue mechanisms at ministerial level on trade, energy and minerals.
Regarding coal, Minister Dien said Vietnam wants to import from 18-25 million tonnes of coal for electricity and fertilizer production in 2022. He asked Australian coal exporters, especially members of the Minerals Council of Australia to increase supply for Vietnam right in April.
According to Dien, Vietnam’s coal import needs account for less than 5 percent of Australia’s total coal export. Therefore, he believed that Australian exporters are capable of supplying coal of suitable quality for Vietnam’s electricity generation.
The CEO of Minerals Council of Australia said Australia is fully capable of supplying coal and minerals for Vietnam. She affirmed that the council will work closely with the Vietnamese ministry to bolster cooperation between their enterprises in coal supply and technology transfer in coal and mineral mining.
Wall Street names Vietnam among hottest Southeast Asian markets
CNBC, the recognised world leader in financial news that features breaking news and the latest headlines from Wall Street, has included Vietnam in its three hottest markets in Southeast Asia for 2022, reported VOV News.
Vietnam is named among three hottest Southeast Asian markets (Photo:vietstock.vn)
This comes after CNBC asked analysts from Goldman Sachs and JPMorgan Asset Management which Southeast Asian markets were their top picks. The result revealed that the Vietnamese market is one of three top Southeast Asian picks for both Wall Street banks.
Desmond Loh, a portfolio manager at JPMorgan Asset Management, termed Vietnam a “star performer in the past few years” in terms of economic resiliency and growth.
He added that the country is one of the few economies globally to have seen positive economic growth throughout the course of the COVID-19 pandemic.
“To capitalise on the growth, we are positioned in high quality consumer proxies and banks,” he added, without naming specific stocks.
Elsewhere, Goldman Sachs remains bullish on the prospects of both Indonesia and Singapore moving forward./.