Business news from Ukraine

Half of Ukrainians have not defined their attitude to Vietnam – research by Experts Club and Active Group

Active Group and Experts Club conducted a joint study on the attitudes of Ukrainians towards the countries of East Asia and the Middle East. The research was presented at the Interfax-Ukraine news agency in June 2024. The research was presented by Maksym Urakin and Oleksandr Poznyi. The results of the study are as follows:

The results of the survey are as follows:
Completely positive – 7.2
Mostly positive – 31.1 %.
Mostly negative – 9.8
Completely negative – 3.8 %.
Difficult to answer – 48.1%.
Positive – Negative – 24.6

On January 23, 1992, Ukraine and Vietnam established diplomatic relations.

The joint research by Active Group and Experts Club on the attitudes of Ukrainians towards the countries of East Asia and the Middle East was conducted in April-May 2024. It covers such countries as Turkey, Iran, Israel, Egypt, Jordan, Saudi Arabia, UAE, Afghanistan, Pakistan, Azerbaijan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Kazakhstan, Georgia, Armenia, India, China, Republic of Korea, DPRK, Japan, Vietnam, Indonesia, Syria, and Iraq. Full information on the research is available on the website of the Club of Experts at
https://expertsclub.eu/cpilne-doslidzhennya-kompaniyi-active-group-ta-experts-club-shhodo-stavlennya-ukrayincziv-do-krayin-shidnoyi-aziyi-ta-blyzkogo-shodu/

Video – https://interfax.com.ua/news/video/993142.html

 

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Kyiv Zoo hosted grand opening of children’s slide – gift from Embassy of Vietnam in Ukraine

On May 16, 2024, the Kyiv Zoo hosted the opening ceremony of a children’s slide in the form of the Turtle sculpture, which represents the symbol of the Vietnamese capital, Hanoi.

This project is the work of both Vietnamese and Ukrainian designers. Ukrainian creators made it in the national style of Vietnam.

The grand opening was attended by distinguished guests – representatives of diplomatic missions of foreign countries accredited in Ukraine, high-ranking parliamentary officials, members of the Vietnamese community, soldiers and officers who took part in the Vietnam War, educators and cultural figures.

Dr. Nguyen Hoang Thanh, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Ukraine and the Republic of Moldova, welcomed the guests.

“We are pleased to open a new “children’s slide” in Kyiv Zoo. It will be a place where children will be able to have fun in the zoo with their parents. In wartime, the zoo is a place where people can regain their balance after sirens and explosions. The Vietnamese Embassy in Ukraine is very proud to have completed a modest project in cooperation with our Ukrainian friends to help Kyiv residents overcome today’s difficult time,” the ambassador said.

As it turned out, the project was conceived before the active hostilities.
“The project originated from my meeting with the mayor of Kyiv before the war. Back then, we were thinking of doing something to demonstrate the friendship between Hanoi and Kyiv. Today we are happy that after some time this idea has become a reality. This is the first time that the symbol of the Vietnamese capital, Hanoi, has been displayed in public and in the heart of Ukraine’s capital, Kyiv. It is also a symbol of friendship between Vietnam and Ukraine.

Our two countries have experienced decades of friendly relations and mutual assistance, both in wartime and in the construction of each country’s homeland. The establishment of this symbol of friendship is both a reaffirmation of our cooperation and a commitment that we will develop Vietnamese-Ukrainian relations together,” added Ambassador of Vietnam to Ukraine and the Republic of Moldova Nguyen Hoang Thanh.

In conclusion, Mr. Ambassador expressed his gratitude to Mr. Kyrylo Trantyn, Director General of Kyiv Zoo, for cooperation and support of this project, as well as to the two sponsoring companies: “Eurofood Service and Svetprint.

The official part of the event was followed by a performance by the Veselka folk artistic choreographic group of the Vasylkiv Center for Children and Youth Creativity.

Vietnam recognized independent Ukraine on December 27, 1991. On January 23, 1992, diplomatic relations were established between the two countries. The same year, the Embassy of Vietnam in Ukraine was opened, and the Embassy of Ukraine in Vietnam was also opened.

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Ukrainian president holds meeting with Vietnamese prime minister

On the margins of the World Economic Forum in Davos, Switzerland, Ukrainian President Volodymyr Zelenskyy has held a meeting with Prime Minister of the Socialist Republic of Vietnam Pham Minh Chinh.

The head of state thanked Vietnam for supporting the territorial integrity and sovereignty of Ukraine, as well as for humanitarian aid to our country, the press service of the President of Ukraine reported.

“The interlocutors noted the importance of intensifying bilateral relations, as Ukraine and Vietnam are united by long-standing ties. The President called on Vietnam to support the implementation of the points of the Ukrainian peace formula,” – noted in the message.

Volodymyr Zelensky and Pham Minh Chinh discussed the possibility of activating bilateral contacts between Ukraine and Vietnam at different levels.

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Vietnam plans to increase period of visa-free stay of tourists from 15 to 45 days

Vietnamese Prime Minister Pham Minh Tinh has instructed to prepare amendments to the law on entry, exit and transit of foreigners and to extend visa-free stay for them from 15 to 45 days, according to Vietnam Net.
“The majority of cabinet members agreed with the proposal to increase the visa-free stay in Vietnam for tourists from a number of countries from 15 to 45 days, and the period of stay on an online visa from 30 to 90 days,” the publication writes.
Currently, Vietnam offers a single-entry electronic visa for a month for tourists from 80 countries.
Vietnam has become one of the first countries in Southeast Asia to fully open to international tourism after the pandemic coronavirus. Last year, only 3.6 million tourists visited the country, 20% of the pre-pandemic level.
In 2023, Vietnam plans to welcome 8 million foreign travelers.

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PHARMACEUTICAL COMPANY FARMAK TO OPEN OFFICE IN VIETNAM

Pharmaceutical company Farmak (Kyiv) will set up a representative office in Vietnam.
As the company said in the information disclosure system of the National Securities and Stock Market Commission, such a decision was made by its supervisory board on August 19 in order to carry out economic activities in Vietnam.
Farmak is the leader of the Ukrainian pharmaceutical market. The company’s product portfolio includes about 200 brands. Among the main directions are endocrinological, gastroenterological, cardiological, neurological, anti-cold and other drugs.
The company annually reinvests up to 90% of its profits in development. In total, more than $310 million have been invested in the modernization of production since 1995. Annual investments in research and development are approximately $15 million.
Over 2020, Farmak increased its net profit by 7.8% compared to 2019, to UAH 1.138 billion, and sales income reached UAH 7.5 billion.
The export share increased to 29.6% in total sales. Export deliveries increased by 40% over the year. The company exports its products to more than 25 countries around the world.

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UKRAINE AND VIETNAM TO RESUME WORK ON FREE TRADE AGREEMENT

Ukraine and Vietnam will resume work on a free trade area agreement (FTA), Deputy Minister of Development of Economy, Trade and Agriculture, Trade Representative of Ukraine Taras Kachka has said.
“We have agreed to resume work on the FTA agreement with Vietnam. Under the best case scenario, this year we will enter a formal negotiation process,” he wrote on Facebook on Monday following the first meeting of the joint intergovernmental commission with Vietnam in 2021.
He also said that Ukraine and Vietnam are completing the conclusion of interdepartmental agreements on veterinary medicine and plant quarantine.
“These contracts are at the final stage,” Kachka said.
He said that by the end of 2020, the trade turnover between Ukraine and Vietnam grew by 22.5%, to $644.65 million, and Ukraine’s export to this country over the past year rose by 92%, to $184.5 million.
“A large share of imports from Vietnam are electronics and mechanical equipment… The lion’s share of Ukrainian exports to Vietnam are grains,” the trade representative said.
Kachka also said that business surveys show the interest of business in the FTA with this country. As for Vietnam itself, it is interested in industrial and scientific cooperation: from technologies in leather processing, fertilizer production and titanium mining to cooperation in the field of space and aviation. In addition, this is about industrial cooperation and projects for the supply of railway equipment, trucks, compressor equipment, aircraft and aircraft equipment, he said.

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