Representatives from Vietnamese and foreign agencies cut ribbons to open Vietnamese booth at Franchising & Licensing Asia (FLAsia) in Singapore. (Photo: VNA)
Singapore (VNA) – Vietnamese exhibitors are attendingthe Franchising & Licensing Asia (FLAsi🌳a) held in Singapore from August17-19.
Over 100 brands from Australia, Hong Kong (China), Malaysia,Philippines, Singapore, the Republic of Korea, Taiwan (China), the US, andVietnam are on show at the event - Asia’s leading franchising & licensingmarketplace. This is the second time Vietnam has joined the event, with the presence of the Vietnamese trade office in Singapore, Hanoi's Department of Industry and Trade and 17 companies. Singapore’s Minister of State for Trade and Industry Low Yen Ling in her opening speech of FLAsia 2023 highly appreciatedthe participation of Vietnam as well as the potential and strengths of brandsfrom the country.
She said she is impressed with the new products displayed by Vietnamesebusinesses when she visits the Vietnamese booths.
Vietnamese products𝔉 at FLAsia 2023 also attracted the attentionof Singaporean and international businesses, and diplomatic officiaꦐls fromother countries.
Within the framework of FLAsia 2023, the Vietnam Trade Office inSingapore and the Hanoi Department of Industry and Trade coordinated toorganise a conference on Singapore’s Halal market and connectVietnam-Singapore businesses. More than 100 Vietnamese businesses registered toattend the conference online while nearly 100 Vietnamese and Singaporeanbusinesses attended in person. Speaking at the conference, Vietnamese Ambassador to SingaporeMai Phuoc Dung said that Singapore has experience in commercial development,including Halal products. Singapore has a very good Halal certification system,which is recognised by Islamic countries such as Brunei, Indonesia, Malaysia,and other major trading partners. Therefore, Singapore is an ideal gateway for Vietnamese businesses in the production, trade, and re-export of Halalfood products to major Islamic countries./.
The National Innovation Centre (NIC) under the Vietnamese Ministry of Planning and Investment (MPI) and the National University of Singapore (NUS) have signed a memorandum of understanding (MoU) on cooperation in conducting activities to enhance the innovation capacity in both countries.
A ceremony was held in Hanoi on August 1 to mark the 50th anniversary of the Vietnam - Singapore diplomatic relationship (August 1, 1973 - 2023) and the 10th anniversary of their strategic partnership.
Sunrise Material of Singapore signed an agreement with a Vietnamese company on August 11 to develop a polymer wrap film production project worth 100 million USD in the northern province of Nam Dinh.
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It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
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As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
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Prime Minister Pham Minh Chinh affirmed that science, technology, innovation, digital transformation, green transition, and circular economy are offering limitless opportunities for bilateral collaboration.
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As Vietnam’s largest private carrier, Vietjet has been awarded the highest ranking for safety with 7 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 Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
Representatives from Vietnamese and foreign agencies cut ribbons to open Vietnamese booth at Franchising & Licensing Asia (FLAsia) in Singapore. (Photo: VNA) 
