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The bright spot in the latest PMI survey was employment, which increased at the fastest pace in three and a half years. The Vietnam's Manufacturing Purchasing Managers' Index (PMI) posted 54.0 in June, down slightly from 54.7 in May but still signaling a solid monthly improvement in the health of the sector. Electronics production at Katolec Vietnam, Quang Minh Industrial Park, Hanoi. Photo: Pham Hung A reading below the 50 neutral marks indicates no change from the previous month or even contractions, and above 50 points means an expansion, according to S&P Global. “The Vietnamese manufacturing sector ends the first half of 2022 in good health, with firms feeling that they've seen the back of the pandemic cane to generate new business at a solid rate,” said Andrew Harker, economics director at S&P Global. "The main positive from the latest PMI survey was around employment, which increased at the fastest pace in three-and-a-half years. This shows … [Read more...] about Vietnamese manufacturing continues solid improvements

The competition, part of the Taste of Australia event, was organised by the Australian Trade and Investment Commission (Austrade) and supported by Vietnam’s Graduates from Australia Club (VGAC). It had two rounds – an online one held from May 12-June 4; and a final round held on June 25 in Ho Chi Minh City. All contestants registered for the online round submitted video clips with two cups with two different patterns from four subjects - Heart, Tulip, Rosetta and Swan. Sixteen submissions competed in the final round and the top three winners were chosen by a panel of judges featuring: Dang The Lan (Alumnus of Central Queensland University; Founder and Managing Director, The Lovely Cup O’ Coffee; 3rd Place Winner of the Southern Region Latte Art Championship in 2013 Australia); and Pham Minh Luan (Alumnus of RMIT Vietnam; Founder, Hyper Coffee). The three guest judges for the competition were: Rebecall Ball, Senior Commissioner of Austrade; MasterChef Ngo Thanh Hoa; and Art … [Read more...] about Australian barista contest found the winner

Half of the dead victims are Vietnamese sailors. At least five Vietnamese people died and seven others were injured in a chlorine gas leak from a storage tank at Aqaba Port, Jordan this week. Gas explosion at Aqaba Port, Jordan on June 27. Photo: Mathrubhumi News Screengrab The Vietnamese mission in Saudi Arabia and Jordan is requesting Jordan authorities to expedite visa procedures so that the affected people’s relatives could fly to Jordan for funerals and to bring back the remains of the victims who worked for Hong Kong-flagged Forest 6 VRUK3 vessel. The Vietnamese victims are among 13 lives claimed in an explosion that also injured some other 250 people. In the latest move, Vietnam’s Ministry of Labor, Invalids and Social Affairs asked two labor companies (that sent those workers abroad) to take responsibility for the funerals and the return of remains. A huge explosion of toxic substance occurred when a crane loading chlorine tanks onto a ship in … [Read more...] about Poisonous gas leak in Jordan: Five Vietnamese die

Vietnam’s commitments at the COP26 showcase its strong political will in the fight against climate change and transitioning to a green economy. Vietnam’s National Assembly (NA) would step up its legislative role to ensure the country’s successful realization of commitments at COP26, including their legalization into the legal framework, and allocate funds for green growth. NA Chairman Vuong Dinh Hue and UK Cabinet Minister and President-Designate of COP26 Alok Sharma. Source: quochoi.vn “The NA would continue supervising the Government in implementing national plans and potential adjustment toward green growth.” NA Chairman Vuong Dinh Hue gave the remarks during a meeting with the UK Cabinet Minister and President-Designate of COP26 Alok Sharma on June 30. At the meeting, the UK minister said the climate change issue has now become an urgent matter, and expressed his impression of Vietnam’s determination in transitioning to renewables. Sharma also … [Read more...] about Vietnam’s National Assembly to legalize commitments at COP26

The figure was up 15.9 percent year-on-year and up 9.4 percent from last month, according to a report from the Civil Aviation Authority of Vietnam. The delay fights accounted for 18.2 percent of total flights operated by the country's six carriers last month, it said. Low-cost carrier Vietjet Air has the industry's highest rate of flight delays at 24 percent, followed by Vietnam Airlines (20.1 percent). CAAV said late-arriving aircraft was the main cause of delays in addition to other excuses like poor management and bad weather. The Ministry of Transport said the increase in flight delays has triggered public outcry among passengers and damaged the industry's reputation. It ordered airlines to ensure flights are punctual, especially during the peak summer travel season. In the first half of this year, the number of passengers going through Vietnam's airports reached 43.35 million, a pickup of 65.5 percent from a year ago and equivalent to 76 percent of pre-pandemic levels, … [Read more...] about Thousands of Vietnamese flights delayed in June

Always an alluring event for the engineering and manufacturing community On its 18 th return, MTA Vietnam 2022 - a prestigious international exhibition on machine tools, precision mechanics, and metalworking - will take place over four days from July 6 to 9 at the Saigon Exhibition and Convention Centre, 799 Nguyen Van Linh Road, District 7, Ho Chi Minh City. This exhibition is expected to provide value and interesting experiences for individuals and enterprises in the engineering and manufacturing industry. MTA Vietnam allures many enterprises and groups During their visit to the MTA Vietnam 2022 exhibition, attendees will have the opportunity to meet more than 250 prestigious exhibitors from within the country and 12 other nations and territories around the world that are considered the powerhouses of advanced technology such as Germany, the US, the UK, Japan, South Korea, Sweden, Switzerland, China, Singapore, Taiwan, Thailand, and Hong Kong, among … [Read more...] about MTA Vietnam: An exhibition of interest to the engineering and manufacturing community

Illustrative image (Source: VNA) Hanoi (VNA) - Though Vietnam is said to have certain advantages, to maintain sustained success, the country should be a diligent student of not only the upsides, but also the lessons learnt of other countries, said Moritz Kraemer, former Global Chief Ratings Officer of Sovereign Ratings Group at S&P Global and currently the Chief Economist, Head of Research of Landesbank Baden Wuerttemberg (LBBW). Speaking to Vietnam News Agency, the expert held that the world is in turmoil, and the old model of globalisation is severely tested as erstwhile reliable supply chains are ruptured and seem to refuse to heal. Moreover, inflation appears to be getting out of hand in much of the advanced economies as commodity prices soar and labor becomes increasingly scarce. Moritz Kraemer, former Global Chief Ratings Officer of Sovereign Ratings Group at S&P Global (Photo: VNA) He predicted that international companies will progressively search … [Read more...] about Vietnam remains a place of seemingly limitless promise: experts

Nation Assembly Chairman Vuong Dinh Hue speaks at the forum (Photo: VNA) London (VNA) - The National Assembly always supports the development of the Vietnam-UK strategic partnership, which was established in 2010, particularly in education, stated Chairman of the Nation Assembly (NA) Vuong Dinh Hue at the Vietnam-UK Education Collaboration Forum in London on June 30 (local time). Addressing the forum, Hue stated education is a leading national policy in Vietnam, identified as one of the three breakthroughs to implement the nation’s socio-economic development strategy. Every year, Vietnam spends 20% of its national budget on education and training. He said to create a strong transition in human resource development, Vietnam has determined that it is necessary to actively carry out international integration and promote foreign investment attraction in education for quality improvement. With the country’s law made to facilitate businesses in the sector, Vietnam has … [Read more...] about Legislature backs Vietnam-UK education cooperation: top legislator

National Assembly Chairman Vuong Dinh Hue holds talk with the Prudential management led by chairwoman Shriti Vadera, Interim Group CEO Mark FitzPatrick and Prudential Vietnam CEO Phuong Tien Minh, during his visit to the UK. — VNA/VNS Photos Doan Tan Photos Doan Tan Prudential plc executives called on National Assembly Chairman Vuong Dinh Hue and the high-level delegation he led to Britain to attend the Vietnam – UK High-level Forum on Economy and Trade to discuss the Vietnamese Government’s priorities and the role of insurers in increasing financial inclusion in the country. This meeting was aimed at strengthening relationships and underlining Prudential’s commitment to Viet Nam. After the two-year-long COVID-19 pandemic, Prudential is focusing on building a resilient business to best serve its customers. Insurers like Prudential play an important role in developing innovative savings and protection products to meet Vietnam’s evolving needs while strengthening and deepening … [Read more...] about National Assembly chief Vuong Dinh Hue meets Prudential brass during UK visit

Speaking at a working session with the Standing Board of the provincial Party Committee as part of his trip to Ben Tre, President Phuc lauded the province’s efforts in economic development, with its gross regional domestic product (GRDP) up 4.18 percent in the first half of this year. Ben Tre has combined agricultural restructuring with new-style rural area building, he said, stressing that the province has focused on developing value chains for local agricultural products. The leader pointed out challenges and limitations of the province, such as the severe impacts of climate change and rising sea levels, high poverty rate, poor production capacity, limited infrastructure, and a lack of quality personnel. Ben Tre should focus on planning, pursue green growth, boost the processing industry and energy sectors, and push ahead with urban building, he said. President Phuc asked the province to further restructure its agricultural sector, strive to adapt to climate change, … [Read more...] about Trade, services and tourism should be spearhead sectors of Ben Tre: President