47 million usd to inr

Currently, there are more than 70 million registered motorcycles in the Southeast Asian country with the figure projected to grow even larger in the future. In the first four months of 2023 alone, the country produced more than 1 million new motorcycles. Five major manufacturers: Honda, Yamaha, Suzuki, Piaggio, and SYM hold over 90% of the market share in Vietnam, manufacturers also export fully assembled models to international markets. VAMM said the stage has been set for Vietnam to become an attractive destination for motorcycle manufacturers in the Asia-Pacific region. Due to supply chain difficulties and rising trade tension between the U.S. and China, manufacturers have been shifting their investments to smaller markets in Asia to minimize risks. For example, the Japanese government has allocated a 2.2 billion USD fund in support of Japanese businesses relocating from China while the U.S. government has been calling for U.S. businesses to either return to the U.S. or … [Read more...] about Vietnam emerges as a major motorcycle market and manufacturing hub

The Fruit and Produce Weeks help Hanoi's residents access and recognize branded products with clear origins. The Hanoi Industry and Trade has been working closely with other provinces and cities to bring many fruit and agricultural products with clear origins and good quality to serve the needs of residents. In recent years, through more than 100 delivery events and weekly fairs, Hanoi has actively supported other provinces and cities in promoting fruit, agricultural products , and specialties in the city. Many good products have been acquired from other provinces by consulting and obtaining support from large distribution companies in Hanoi, such as Aeon, Central Group, MM Mega Market, and others, to sell them in modern distribution channels, not only for the Hanoi market but also in foreign distribution systems such as Japan (AEON), Thailand (BigC). According to Tran Thi Phuong Lan, Deputy Director of the Hanoi Department of Industry and Trade, the department has … [Read more...] about Hanoi cooperates with provinces for safe fruits and farm produce supply

Alumni are regarded ambassadors to strengthen Australia and Vietnam relations amid joint efforts to work together on a variety of educational and training projects. Vietnamese people who studied in Australia have contributed to Vietnam’s development and acted as ambassadors to foster bilateral relationship. Australian Trade and Tourism Minister, Senator the Hon Don Farrell praises the role of alumni in Australia-Vietnam relations. Photo: Embassy of Australia in Hanoi Australian Trade and Tourism Minister, Senator the Hon Don Farrell has praised the role of alumni’s contributions to Vietnam and Australia bilateral relations. Alumni help to add depth to Australia's economic diplomacy, building trade, investment, and business linkages, not only in Vietnam, but more broadly in the Southeast Asian region, Senator Don Farrell said during a visit to Vietnam last month. The senator made the remarks at the inauguration of the Australian Alumni Awards to honor the … [Read more...] about Alumni bridge Australia and Vietnam

"Sam Tran took me to a local spot in Hanoi today to try a couple of Vietnamese classics," Albanese wrote on his official Twitter account, mentioning Sam Tran, a Vietnamese chef with multiple years of working experience in Australia. Albanese bought banh mi (Vietnamese baguette) at a local food stall before visiting a bia hoi (larger) shop on Duong Thanh Street in Hoan Kiem District. During his 40-minute lunch break, he enjoyed peanuts, roasted pork, fish cakes and tofu. He said 99% of the beer in Vietnam is made with Australian barley, and many baguettes are made with Australia's wheat as well. Australian Prime Minister Anthony Albanese drinks a glass of bia hoi in Hanoi, June 3, 2023. Photo by VnExpress/Giang Huy Albanese visited the Vietnamese capital after attending the Shangri-La Dialogue 2023 in Singapore. He will be in Vietnam until Sunday, meeting with high-ranking leaders to bolster commerce, investment and education, as well as to discuss expanding … [Read more...] about Australian PM tries Vietnamese baguette, beer in Hanoi

The plan strives to increase the share of renewable energy in the country's power mix to between 67.5-71.5 % by 2050. (Photo: VNA) Hanoi (VNA) - The National Power Development Plan VIII , which has been recently approved by the Prime Minister, aims to ensure national energy security, thus satisfying the country's socio-economic requirements in the time ahead. GDP growth rate of about 7.0% during the 2021-2030 period, and 6.5-7.5% in 2031-2050. ASEAN in terms of power reliability. Additionally, half of the office buildings and homes in the country would be powered by rooftop solar panels by 2030. Illustrative image (Source: EVN) Greenhouse gas emissions from energy production would be cut to around 27-31 million tonnes by 2050 from about 204-254 million tonnes in 2030. VNA … [Read more...] about National Power Development Plan VIII to ensure national energy security

Illustrative photo (Photo: thestar.com.my) Hanoi (VNA) – Indonesia has issued a regulation that allows the export of marine sediment in the form of sea sand after banning for 20 years, according to Xinhua. It quoted local media as reporting on May 29 that the regulation about sea sand export is stipulated under the Government Regulation about Management of Marine Sedimentation Products, which states that sea sand can be used for domestic reclamation, infrastructure development for government businesses, infrastructure development by actors, and exports. The regulation was signed by Indonesian President Joko Widodo on May 15 and took effect immediately, replacing the previous regulation issued in 2003 that banned sea sand export s over concerns about illegal fishing. To obtain export permits for sea sand , exporters must submit a permit request and a proposal detailing their plans, partners, and the exact location or coordinate points of the water area they want to … [Read more...] about Indonesia resumes sea sand exports after banning for 20 years

The signing ceremony between VietHarvest and partners in HCM City on Friday. — Photo Courtesy VietHarvest VietHarvest on Friday announced its national expansion to HCM City, a year after its Ha Noi launch. The announcement included agreements with Vietnam Airlines and IHG, who have both pledged to support the growth of VietHarvest through the provision of surplus food. Vietnam Airlines commits to supply excess food from its kitchens to the enterprise, ensuring that quality food is put to good use. In addition to Vietnam Airlines' commitment, IHG doubled-down on its own work with VietHarvest. IHG was one of the founding partners of VietHarvest in Ha Noi. The group inked a partnership with VietHarvest that sees this commitment expand into the southern metropolis of HCM City. VietHarvest - co-founded by long-time social enterprise advocate Jimmy Pham - works to collect quality surplus food from hotels, restaurants and other partners, and deliver it using refrigerated vehicles … [Read more...] about VietHarvest to expand to HCM City