Social News 18/11

Stop preventable deaths: UNICEF UNICEF has launched a campaign called ZEROworkplace that involves companies in its efforts to eradicate preventable child deaths in Viet Nam. ZEROworkplace enables managers to provide critical information to employees in an inexpensive and effective way that can have a lifesaving impact on their children. "In Viet Nam, 100 children die every day from preventable causes," Youssouf Abdel-Jelil, UNICEF's representative in Viet Nam, said at the launch ceremony in … [Read more...]

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Art & Entertainment News 9/10

Thuy Linh shines at Miss International The strikingly beautiful Vietnamese model Cao Thuy Linh was chosen Best National Costume at the 2014 Miss Grand International (MGI) beauty pageant on October 7. Eighty-five international contestants coming from different countries and territories around the globe participated in the gala affair held in Bangkok, Thailand. Daryanne Lees from Cuba was sashed winner of the MGI 2014. The two runner-up title went to Hiwot Mamo from Ethiopia and Kathryn Kohut … [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...]

Social News Headlines 17/4

A fire at the Go Cat Garbage Ground caused a large traffic jam on National Highway No 1A in Binh Tan District in HCM City on Monday evening.

A foreigner killed in rear-end collision in Tien Giang At least four passengers, including a foreigner, were killed and nearly 10 others injured in a head-on crash in the southern province of Tien Giang on April 16. A 29-seat coach crashed into a water tank truck at section 44km+800 of the HCM City-Trung Luong expressway in Tien Giang province at 09.30am. The coach, with several foreigners on board, was travelling from Tien Giang to Ho Chi Minh City when the accident happened, witnesses … [Read more...]

Social News Headlines 12/3

Nearly 1000 bottles of cheap perfumes in bottles bearing famous trademarks were detected yesterday by the HCM City customs authority.

Five persons are critical after mushroom poisoning Five persons from Thai Nguyen Province are being treated at Bach Mai General Hospital for mushroom poisoning and are in critical condition, the hospital said yesterday. According to Pham Due, director of the Poison Control Center of Bach Mai, the patients, all belonging to one family, have suffered serious damage to their liver and digestive systems and have shown symptoms of vomiting, nausea and a drop in the blood pressure. The family … [Read more...]

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...]

9-day Tet holiday approved: workers happy, businesses worried

In general, most employees say they feel happy with the longer holiday.

In response to the Prime Minister's approval of a longer Tet (lunar New Year) holiday proposed by the Transport Ministry, most workers are happy, while many businesses in Ho Chi Minh City say the extended holidays will considerably affect their operations. At the regular monthly cabinet meeting held on Monday in Hanoi, Prime Minister Nguyen Tan Dung agreed to extend the the upcoming Tet holiday to 9 days from 7 days, based on the proposal submitted by Transport Minister Dinh La Thang. … [Read more...]

BUSINESS IN BRIEF 16/9

Uncontrollable prices on baby formula challenge authorities Improper management policies have created huge rip-off possibilities in the market place for imported baby formula, which is putting more burden on local parents. According to the statistic from the General Department of Vietnam Customs, the import price is only USD4-5 but the retail price is as high as USD20-43. "Consumers have always had to bear the sky-high advertising costs." Mai Thanh Tong, Vice President of the Accounting … [Read more...]

BUSINESS IN BRIEF 12/8

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Amata calls for hi-tech incentives Thai property developer Amata Corporation is asking for special incentives from the Vietnamese government for its proposed $2 billion hi-tech park and urban township in the northern province of Quang Ninh. A source at Quang Ninh Provincial Investment Promotion Agency said Amata and its Vietnamese partner, Tuan Chau Au Lac Limited, are looking to the prime minister for approval of the incentives. However, he declined to give further details as they were still … [Read more...]

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...]

BUSINESS IN BRIEF 19/4

Japan to fortify supporting industries Japan will provide concessional loans for Vietnamese supporting industry firms in a bid to strengthen its industrial investments in Vietnam. The Japan International Cooperation Agency (JICA) and the State Bank last week introduced a credit programme for Vietnamese small- and medium sized enterprises (SMEs) operating in supporting industries. Under the plan, an SME, which in Vietnam is defined to have total maximum assets of VND20 billion ($961,358) and … [Read more...]

Panasonic to built 4-billion yen factory in Vietnam

(VOV) -Panasonic Appliances (PAPVN) will build a new factory in southern Binh Duong province to produce electrical wires and circuit breakers with a total capitalization of around 4 billion yen. Panasonic washing machine factory operational in Vietnam Panasonic considers Vietnam a strategic market The factory is expected to begin in April 2014. The Japanese electronics maker plans to produce 27 million electric wires and 12 million circuit breakers and double its capacity by 2018. Circuit … [Read more...]

Panasonic washing machine factory starts operation

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The Hanoitimes - Panasonic Appliances (PAPVN) washing machine factory just begins its operation in Thang Long II Industrial Park in the northern province of Hung Yen . With an estimated investment of US$32 million wholly funded by the Japanese corporation, the latest factory was built o­n an area of 52,000 square meters, with a total capacity of producing 600,000 washing machines per year. The factory is expected to supply 50% of its product to the domestic market, with the remainder to be … [Read more...]

BUSINESS IN BRIEF 29/3

HCM City to reclaim coastal land Experts from the Netherlands have helped HCM City develop a plan to reclaim land from the sea to provide additional room for urban and economic development. On March 21, HCM City Department of Natural Resource and Environment announced their strategy to develop the city and harbour towards the sea. Since 2011, consultancy firm Grontmij and the municipality of Rotterdam have assisted the Vietnam Climate Adaptation Partnership (VCAPS) to develop the … [Read more...]

BUSINESS IN BRIEF 24/3

Japanese firms keen on support industry Many Japanese investors have focused on industrial assembly projects in Hanoi, according to the municipal Department for Industry and Trade. Currently, Hanoi has more than one quarter of its businesses in the support industry. However, businesses from both countries are facing same snags in their joint ventures due to different levels of technical knowledge, management skill, and workmanship. The Department will send a business delegation to Tokyo to … [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...]

Panasonic washing machine factory operational in Vietnam

(VOV) - Panasonic Appliances (PAPVN) has officially inaugurated its washing machine factory in Thang Long II Industrial Park in the northern province of Hung Yen. Panasonic considers Vietnam a strategic market This is PAPVN's second factory in Vietnam after they established a fridge factory in Hanoi's Thang Long Industrial Park in 2003, with a capacity of producing 800,000 units per year. With an estimated investment of US$32 million wholly funded by the Japanese corporation, the latest factory … [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...]

Hanoi urges faster traffic infrastructure construction

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Hanoi city authorities have announced that they will build more overpasses at key junctions in order to deal with traffic congestion. According to Nguyen Van Khoi, Deputy Chairman of Hanoi's People's Committee, five steel overpasses were put into use last year. The overpasses not only eased congestion, but also reduced the number of traffic accidents. Despite the city eliminating 22 of 89 top congestion trouble spots, it is still seeing slow construction work in areas such Van … [Read more...]