Panasonic opens its new washing machine

HUNG YEN (VNS)— Panasonic Appliances Viet Nam Co, Ltd opened a washing machine factory in Thang Long Industrial Park II, Yen My District, Hung Yen Province yesterday. The US$32 million factory, fully funded by Panasonic Corporation, is the first in Viet Nam that integrates Research and Development (R&D) with manufacturing. The factory will manufacture around 300,000 sets of washing machines in 2013. Its manufacturing capacity will double to 600,000 sets of washing machines yearly and … [Read more...]

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Thang Long Industrial Park II -Important Highlighted Location to Attract Investors to Hung Yen

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Thang Long Industrial Park II is invested by Thang Long Industrial Park II Corporation (TLIPII), a subsidiary of Sumitomo Corporation, a capable and experienced enterprise which invested and developed many industrial park infrastructure projects worldwide. Thang Long Industrial Park II is highly appreciated by the Hung Yen province Communist Party Committee, People's Committee leaders as well as the concerned authorities for its effort to complete fully infrastructure, provide services, and … [Read more...]

Panasonic Inaugurates New Washing Machine Factory in Vietnam

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Panasonic Appliances Vietnam Co., Ltd (PAPVN) on 20th March inaugurated its new washing machine factory in Thang Long Industrial Park II, Yen My district, Hung Yen province. The US$32 million factory, fully invested by Panasonic Corporation, is the first in Vietnam that integrates Research and Development (R&D) function with its manufacturing business. The new factory will focus on the development of high performance washing machines which incorporates Panasonic's advanced eco and smart … [Read more...]

Sumitomo Increases Investment in Vietnam

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On March 1, 2013 at the VCCI head office, President Vu Tien Loc of the Vietnam Chamber of Commerce and Industry (VCCI) hosted a meeting with Mr Nakamura, President of Sumitomo Corporation of Japan, during his visit to Vietnam for the commemoration of the 40th anniversary of Vietnam - Japan relations. Mr Nakamura said Sumitomo highly values Vietnam as it is the most important and attractive market for Japanese businesses. Many Japanese companies place strong expectations in Vietnam’s economic … [Read more...]

BUSINESS IN BRIEF 21/12

Power project receives credit for implementation A credit contract, worth 3.3 trillion VND (160 million USD), for a 500 kilovolt power transmission project was signed on December 19 in Hanoi. The contract was signed between the State-owned Vietnam Electricity's Power Transmission Corp and the Bank for Industry and Trade of Vietnam ( Vietinbank) - Hanoi branch. The credit will fuel the 500 kV Pleiku-My Phuoc-Cau Bong project, which is part of the Government's national grid development master … [Read more...]

Kyocera seeks tax incentives

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Japan's Kyocera Corporation is seeking support from Vietnam's Ministry of Industry and Trade for tax incentives granted to a supporting industry enterprise. Vietnam Kyocera Company, a wholly-owned subsidiary of Kyocera Corporation, recently sent a proposal to the Ministry of Industry and Trade (MoIT) saying that its manufacturing project in northern Hung Yen province should be recognised as a supporting industry enterprise, given that its products are surface mount devices (SMD). … [Read more...]

Sumitomo Osaka Cement powers up battery

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Sumitomo Osaka Cement Co Ltd (SOC) cut the ribbon on its first battery material plant in Yen My district, northern Hung Yen province on November 30. The 5 billion JPY (US$62.5 million ) plant is specialised in manufacturing cathode materials for lithium ion batteries, an essential material in the energy revolution. … [Read more...]

Sumitomo Osaka Cement powers up battery plant

HUNG YEN (VNS)— Sumitomo Osaka Cement Co Ltd (SOC) cut the ribbon on its first battery material plant in Yen My District, northern Hung Yen Province yesterday. The JPY5 billion (US$62.5 million) invested plant is specialised in manufacturing cathode materials for lithium ion batteries, an essential material in the energy revolution. "The new plant in Viet Nam will provide a solid foundation to expand our lithium-ion battery cathode material business throughout the region and wider world," said … [Read more...]

Door to open for more industrial park options in the northern economic engine

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Japan's Sumitomo Corporation will expand Thang Long Industrial Park II for foreign investors seeking a place to drop anchor in Vietnam. The Thang Long park is already home to many profitable operators Deputy Prime Minister Hoang Trung Hai on December 29, 2011 signed a document allowing Hung Yen Provincial People's Committee to hand over 125.6 hectares to Thang Long Industrial Park II Corporation, a subsidiary of Sumitomo Corporation, for developing the second phase of the industrial park in … [Read more...]

Japan’s green brush to paint eco picture

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Sustainable development, environment protection and green technologies are being championed by Japan to address Vietnam's eco challenges. Building a green economy is now Vietnam's top priority Co-organised by the Vietnam Chamber of Commerce and Industry, Business Council for Sustainable Development and Japan Economic Times, the "Global environment business - Environment Technology Cooperation between Vietnam and Japan" centred a range of big Japanese enterprises. Those firms are operating … [Read more...]

Dong Anh Mechanical One-Member Limited Liability Co: Confident on the Top Place

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"The Dong Anh Mechanical Company's secret to success lies in its name built from Quality - Economical - On time - Perfect service. The market is open, or in other words, everyone share equal opportunity. If you want to occupy the market, you must be the No. 1. Then, you will have the right to choose and minimise risks," said Lai Van Dam, Director of Dong Anh Mechanical Company. Recalling the time the company operated in the centrally planned economy and subsidy mechanism from 1963 - 1989, … [Read more...]

Airbus selects Vietnam-based firm to make Sharklet plates for A320s

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French aircraft manufacturer Airbus announced Wednesday the first package of airplane parts to be made in Vietnam by its newly selected part maker, Hanoi-based Nikkiso Vietnam. Nikkiso Vietnam, a 100 percent Japanese-invested manufacturing company located at the Thang Long Industrial Park II in the Vietnamese capital city, will produce composite vertical bars and the armor plates of Sharklet wingtip devices for A320 aircraft. The production will be done under a subcontracting deal with … [Read more...]

Japan Prince visits Hung Yen province

(VOV) - Japanese prince Akishino on August 21 paid a visit to Dong Tao village in the northern province of Hung Yen to explore Dong Tao chicken, a specialty of high economic value in Vietnam. Nguyen Van Thong, chairman of the provincial People' Committee, briefed the Prince on local socio-economic development and the possibility of cooperation between Hung Yen and Japan. He said industrial parks in Hung Yen have attracted 66 Japanese invested projects capitalized at US$1.3 billion. The … [Read more...]

Art & Entertainment News 20/10

Model Ha Anh.

Model fined, banned from performances in HCM City Vietnamese supermodel Ha Anh has been fined VND10 million (USD476) and banned from performances for three months in HCM City for wearing skimpy costumes. Chau Quoc Dung, chief inspector of the HCM City Department of Culture, Sports and Tourism, said that Ha Anh was penalised for the inappropriate clothing she wore at a fashion show on June 26. She did not wear the outfit that had been previously approved by the organising board, but changed … [Read more...]

Photography exhibition on world heritage sites

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Delegates cutting ribbon to open the exhibition … [Read more...]

First News gives books to prison inmates

Ca tru artists offer free weekly shows Anyone who loves ca tru (ceremonial singing) - one of the most preserved Vietnamese traditional art forms and a piece of world cultural heritage - will be delighted to learn that the Ha Noi Ca Tru Club is launching free weekly performances, starting this Saturday. Located at 34 Hoang Cau Street, the weekly show will take place from 8.30pm until 10pm. Famous traditional instrumentalists will be there, including Ngoc Anh (flute), Thu Ha (36-stringed … [Read more...]

US doctors treat burns patients in Vietnam

Ha Noi student wins eco-diary contest An eighth grader from the Ha Noi-based Doan Thi Diem Secondary High School, Ngo Hai Anh, grabbed first prize in the Eco Picture Diary Contest 2013, earning her the shot at taking part in the Global Award Ceremony in Paris, France, late this year. Launched globally by Panasonic Corporation in 2009, the third contest in Viet Nam drew participation from 530 students from primary schools in Ha Noi and central Quang Nam Province. The theme of the third contest … [Read more...]

Ha Noi student wins eco-diary contest

Ngo Hai Anh will be eligible to go to Paris for the Global Award Ceremony if her diary is chosen among the top six worldwide.— Photo isolution.com.vn

HA NOI (VNS)— An eighth grader from the Ha Noi-based Doan Thi Diem Secondary High School, Ngo Hai Anh, grabbed first prize in the Eco Picture Diary Contest 2013, earning her the shot at taking part in the Global Award Ceremony in Paris, France, late this year. Launched globally by Panasonic Corporation in 2009, the third contest in Viet Nam drew participation from 530 students from primary schools in Ha Noi and central Quang Nam Province. The theme of the third contest focused on practical … [Read more...]

IT applied to manage environmental pollution

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Panasonic Corporation (Japan) and Silver Sea Company - Hanel Group is implementing bilateral projects between the Vietnam's and Japan's Governments on environmental management, disaster warnings by images using new technologies in a number of provinces and cities in Vietnam. According to Tran Van Dung, Business Director of Silver Sea Company, the information monitoring system on the river provides information related to the water level, water flow, water quality, these information will transmit … [Read more...]

Panasonic investigated in US for alleged bribes: report

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The US government is investigating whether a unit of Japanese electronics giant Panasonic Corporation paid bribes abroad to ease business deals, The Wall Street Journal reported Monday. It said dozens of Panasonic executives and employees based in Asia, Europe and the Middle East have received US government notices that reference the 1977 Foreign Corrupt Practices Act, which bars US companies and companies listed on US stock exchanges from paying bribes to foreign government officials. A … [Read more...]