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| Vietnamese Ambassador to Italy Duong Hai Hung at the meeting with President of Italy fruit association Marco Salvi and its Director General Pietro Mauro. (Photo: VNA) |
Highlighting Vietnam’s fruit diversity as well as its robust economic development, Hung affirmed that as a high-quality fruit exporter, Vietnam wants to promote shipments of its staples such as dragon fruit, mangosteen, lychee, and coconut, which have been introduced at the Macfrut exhibitions in Italy in recently years, to the European country.
The diplomat expressed his hope that both sides will work together to open door for Vietnamese fruits to enter the Italian market.
For his part, Marco Salvi said as Vietnam and Italy hold agricultural strengths and boast sound political relations, this is a golden time for both sides to coordinate so as to enhance their trade ties.
Italy has imported a great volume of cashew nuts from Vietnam, while it is a large fruit exporter and importer in the world, he said, adding the country splashed out some 4.8 billion USD on purchasing fruits and vegetables from foreign countries in 2022.
The official added said that both sides should join hands to build a rational framework which helps boost fruit import-export between the two nations.
Italy is able to supply its kiwi, apple, pear, as well as advanced agricultural machines and equipment for Vietnam, he added.
Fruitimprese, established in 1949 under the name of National Union of Fruit, Vegetable and Citrus Importers and Exporters, is an independent association that represents and protects entrepreneurs in the fruit and vegetable industry in Italy. It has a large membership, including producers, importers, exporters, retailers, and trade and industrial organisations.
Vietjet opens for sale 0 VND tickets on India’s Deepavali festival
The most favourite light festival of the year is lighting up in the magical "subcontinent" India. Tickets from only 0 VND, excluding taxes and fees, to India are opened for sale, reported Vietnam News Agency.
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| A Vietjet aircraft (Photo: Vietjet air) |
Accordingly, air tickets applied to flights departing from Ho Chi Minh City, Hanoi to New Delhi, Mumbai, Ahmedabad, Kochi and Tiruchirappalli. The promotion period is from September 14-20, 2023 with flexible flights from October 1, 2023 to October 31, 2024. Booking should be made on www.vietjetair.com or Vietjet Air mobile app.
Deepavali, also known as Diwali, is definitely a cultural festival that everyone should experience once in life. This is considered the largest and most unique festival in India with fireworks and shimmering lights covering the country of billions of people, taking place from November 10 - 14, 2023.
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| Sri Ranganatha Swamy Temple (Photo: Srirangam.jpg) |
With many attractive destinations, convenient flight schedules, and super sale ticket prices, festival goers can attend the Deepavali festival in the city of dreams Mumbai, one of the oldest cities in the world New Delhi, where attracting dreamy travelers, or an artistic masterpiece of Ahmedabad that has been recognised as a world cultural heritage by UNESCO, or an ancient trading port on the Arabian Sea of Kochi, and even Tiruchirappalli - a city with a large Hindu temple of the world.
With a frequency of 70 flights per week between Vietnam and India, free Sky Care travel insurance, on modern aircraft which reduced emissions, environmentally friendly, together with dedicated and attentive cabin crews serving a menu of delicious hot, fresh and organic meals with the characteristics of multinational culinary culture, Vietjet accompanies passengers freely experience this year's festival season.
The new-age carrier Vietjet has not only revolutionised the aviation industry in Vietnam but also been a pioneering airline across the region and around the world. With a focus on cost management ability, effective operations, and performance, applying the latest technology to all activities and leading the trend, Vietjet offers flying opportunities with cost-saving and flexible fares as well as diversified services to meet customers’ demands.
Vietjet is a fully-fledged member of International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate. As Vietnam’s largest private carrier, the airline has been awarded the highest ranking for safety with seven stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years. The airline has also been named as Best Low-Cost Carrier by renowned organizations such as Skytrax, CAPA, Airline Ratings, and many others.
HSBC named Best International Investment Bank in Vietnam by Asiamoney
HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) was honoured as the Best International Investment Bank in Vietnam at Asiamoney's Best Bank Awards 2023, reported the Voice of Vietnam.
The accolade comes following its FinanceAsia Award as the Best Investment Bank in Vietnam for this year. The two esteemed awards presented by prominent international institutions serves as a testament to HSBC Vietnam's investment banking leadership and general capability at navigating through volatile markets with repeat and successful issuances.
HSBC Vietnam has once again been recognised for its innovative and value-adding products as it seeks to enhance the depth and sophistication of the Vietnamese capital markets through liquidity amid the current volatility, as well as a focus on sustainability and ESG. Another factor that sets HSBC apart from the competition is the dedicated teams who have worked relentlessly to create solutions for clients.
Despite an array of challenges, HSBC Vietnam has been executing several landmark transactions for Vietnamese clients, helping them to raise over USD2 billion in 2022 and building a strong deal pipeline for this year and beyond. Most notably, it has co-operated with a number of other banks to provide Vietnam Technological and Commercial Joint Stock Bank (Techcombank) with a US$700 million senior unsecured syndicated term loan facility and a US$300 million greenshoe.
The deal marked the largest syndicated loan by a non-state-owned bank in the country and was the first triple-tranche transaction by a Vietnamese financial institution. It represented Techcombank’s largest syndicated term loan to date, with this transaction being oversubscribed, allowing Techcombank to increase the loan size by 43%.
HSBC Vietnam also helped to bring the first green syndicated term loan to the market, acting as a joint green finance co-ordinator and mandated lead arranger and bookrunner for Vingroup. The proceeds from the transaction were in line with the 2021 Green Loan Principles and in compliance with Vingroup’s Sustainable Finance Framework which HSBC supported to build in 2021. This made up Vingroup’s first green loan and HSBC’s fifth syndicated loan transaction for the client. It also met with strong demand and was sold to 13 lenders during syndication, thereby leading to the upsize of the deal from US$400 million to US$500 million.
2022 also saw the bank act as Joint Mandated Lead Arranger, Underwriter, and Bookrunner on a landmark transaction for Masan Group Corporation (Masan) and The Sherpa Company Limited - a direct subsidiary of Masan. The loan was initially set to raise US$375 million, although it was 3.3 times oversubscribed and increased to US$600 million, making it the largest and longest-dated syndicated loan that Masan has ever raised. The success of the transaction therefore underscores HSBC’s ability to provide an underwritten financing solution, this is despite prevailing market uncertainty and macroeconomic headwinds, showcasing the bank’s capability of leveraging leading origination, as a distribution platform, and its strong read of the market to drive a positive outcome for the client.
“We believe that receiving this recognition from Asiamoney is a testament to our strong commitment to delivering the best possible outcomes for our clients while also being a reflection of the unwavering efforts of our team members who actively endeavour to open up a world of opportunities for Vietnamese and international corporates," said Tim Evans, CEO of HSBC Vietnam.
"The strength of the market response and the frequency of repeat large transactions from marquee names not only underscores our ability to execute and structure complex transactions but it also confirms the confidence of investors in the country's prospects and its businesses growth potential," he added.
Central Highlands ethnic artisans to join traditional Korean music festival
A group of 14 Jrai artisans from the Tay Nguyen (Central Highlands) province of Gia Lai will participate in the 2023 Jeonju International Sori Festival, an event for traditional and world music, in Jeollabuk-do province in the Republic of Korea from September 15-24, reported Vietnam News Agency.
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| A group of 14 Jrai artisans from the Central Highlands province of Gia Lai will give a music and dance performance titled Mung Chien Thang (A Dance of Victory) with gongs and other traditional musical instruments at the 2023 Jeonju International Sori Festival held in the RoK from September 15-24. (Photo: baogialai.com.vn) |
The artisans will give a cultural performance programme at the outdoor Nori Madang stage of the Sori Arts Centre of Jeollabuk-do on September 16.
The programme will highlight music and dance performances titled Loi Chao Doan Ket (Solidarity Greetings) and Mung Chien Thang (A Dance of Victory) with gongs and other traditional musical instruments.
The musicians will also sing the Jrai folk songs Chang Trai Dung Cam (Brave Man) and Ruoc Nuoc Ve Lang (Bringing Water to the Village).
The group will host a music workshop on September 17.
According to Tran Ngoc Nhung, director of Gia Lai province’s Department of Culture, Sports and Tourism, the performance of Jrai artisans at the Jeonju International Sori Festival is a greeting from Vietnam and Gia Lai to international friends. It also contributes to introducing the uniqueness of the Central Highlands’s folk culture, which is part of the gong culture, which is a UNESCO Intangible Cultural Heritage of Humanity.
Held every year in Jeonju since 2001, the Jeonju International Sori Festival offers visitors a chance to enjoy various traditional Korean music as well as music from around the world.
This year’s festival will have the theme of “Co-existence and Resilience”, featuring a total of 105 concerts and workshops presented by musicians from 11 countries such as Uzbekistan, Poland, Canada, and Senegal.
The opening concert, also titled “Co-existence and Resilience,” will highlight Korean music embracing the strengths of both Korean and classical music, featuring leading musicians from the RoK./.