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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 to bring new opportunities for trade cooperation and export promotion. The retail industry is also expected to benefit from this agreement. Israel is renowned for its innovation, with over 500 startups specializing in retail technology. These startups offer solutions for various areas, including logistics, supply chains, and in-store consumer experience. This has attracted the interest of multinational companies like Nike, Alibaba, and Walmart, who have increasingly shown interest in Israeli solutions. Nguyen Anh Duc, Chairman of the Association of Vietnamese Retailers and General Director of Saigon Co.op, believes that the VIFTA will directly impact the Vietnamese retail industry in two ways. Firstly, retailers will have access to high-level technology sup...

President Vo Van Thuong and President of the Italian Senate Ignazio La Russa. Emphasizing the significance of the visit on the two countries’ 50th anniversary of the establishment of diplomatic relations and the 10th anniversary of the strategic partnership , President Vo Van Thuong acknowledged Vietnam’s strong commitment to maintaining a close relationship with Italy, particularly in fostering cooperation between the legislative bodies of both countries. The President of the Italian Senate warmly welcomed President Vo Van Thuong and the high-level Vietnamese delegation, marking an important milestone in bilateral cooperation, as it is the first exchange of state-level visits between the two countries in seven years. Ignazio La Russa emphasized the friendship and solidarity between the two peoples, highlighting Vietnam as Italy’s most important partner in the Association of Southeast Asian Nations (ASEAN). Italy expressed its support for Vietnam’s role in promoting rel...

This annual professional tournament aims to promote baseball and discover potential talent within the national and local teams. The 2023 edition, scheduled from July 26 to 30 in Hanoi, includes several significant changes compared to the previous year. In an effort to enhance competition, the organizer has expanded the number of participating baseball clubs from eight to eleven. However, international players will not be allowed to participate in this year’s championship. During a press briefing, VBSF chairman Tran Duc Phan acknowledged that baseball is a less popular sport in Vietnam. He explained that in the 2022 edition, foreign players were permitted to join the competition to add diversity and enhance the level of play. However, this year’s edition will solely feature Vietnamese players. While these changes may impact the appeal and skill level of the tournament, Chairman Phan believes they will provide an opportunity for domestic players to improve and showcase their abilities...