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How much will Japan work with Vietnam and ASEAN to help with the energy transition? Kinoshita Tadahiro, director general of Sojitz Vietnam and president of the Japanese Chamber of Commerce and Industry in Vietnam We highly appreciate the government and related ministries for the national green growth strategy, as well as the action plan on green energy transition and reducing carbon and methane emissions of the transportation sector. Completing the legal framework is an important factor to achieving this goal. In the context of increasing energy demand in Asian countries, the Japanese government is ready to cooperate with ASEAN countries in the energy transition process by providing more financial and technical support for testing and applying emission-reduction technologies. Accordingly, Japanese businesses wish to contribute to an effective energy transition in Vietnam by increasing private investment and applying deflation technologies, aiming to achieve … [Read more...] about Green-focused businesses ready for cooperation

The travel news site Reisereporter has just published an article that highlights some of the famous tourist destinations and landscapes in Vietnam, including Hanoi. In the article titled “Vietnam: You shouldn’t miss these sights”, www.reisereporter.de suggests tourists to visit some hidden "treasures" and undiscovered natural wonders in this wonderful country in the Southeast Asia region, in addition to popular tourist attractions. A Vietnamese girl in her charming ao dai (long dress) and non la (conical hat) walks through the Thang Long Imperial Citadel. Photo: Yeu Ha Noi According to Daniel Schramm, staff writer for www.reisereporter.de , Vietnam is a fascinating destination with a wide variety of sights and experiences. From historic cities like Hanoi and Hue to stunning natural landscapes like Halong Bay and Sapa to culinary adventures in street kitchens and markets, the country offers something for every taste. Vietnam's … [Read more...] about German press: Vietnam is a fascinating travel destination

In Saigon, the lantern streets in District 5 have become a lively hub of activity half a month before the Mid-Autumn Festival, which peaks on September 29 this year. Families from all corners of Ho Chi Minh City converge on streets like Luong Nhu Hoc, Phu Dinh, and Lao Tu. Among these, Phu Dinh walking street takes the spotlight as the epicenter of lantern shopping. Phu Dinh and Luong Nhu Hoc streets are renowned for their wide assortment of traditional handmade lanterns. These lanterns, adorned with intricate designs ranging from boats to dragons, fish and butterflies, are predominantly crafted from red cellophane. LED lights have replaced traditional candles, enhancing safety while preserving durability. These enchanting lanterns vary in size, from modest 20-centimeter versions to creations exceeding 1 meter, with prices ranging from VND20,000 to VND500,000 (US$0.80 to $20). Rabbit and pig lanterns, housed in bamboo … [Read more...] about Mid-Autumn magic hits Vietnamese cities in pre-festival spirit

The EV maker plans to deliver approximately 3,000 EVs to France, Germany, and the Netherlands in the fourth quarter of 2023, as the EU contemplates imposing import tariffs on Chinese EV competitors, according to a recent Reuters report. VinFast’s CEO Le Thi Thu Thuy revealed that the company anticipates introducing its VF8 models in France, Germany, and the Netherlands in Q4 this year. "Other models like the VF6, VF7, and VF9 are slated for a 2024 launch," she added. “Thuy did not indicate the number of VF8 sport utility vehicles (SUVs), but a person familiar with the matter said it would be around 3,000 vehicles, including some for Israel,” Reuters wrote. This move marks a significant growth target, with the company aiming to quadruple its European sales volume, a considerable jump from its earlier modest target of 700 EVs. The EU's stringent scrutiny of Chinese EV makers and the anticipated imposition of import tariffs could present a lucrative opening for VinFast. If the … [Read more...] about VinFast eyes Europe expansion amid potential EU tariffs on Chinese EVs

Thousands of suppliers and visitors join "Food Ingredients Asia 2023" and "Vitafoods Asia 2023" According to information from the organiser-Informa Markets, over 1,000 local and international food entrepreneurs from more than 45 countries around the globe joined “Fi Asia 2023” (Food Ingredients Asia 2023), as well as "Vitafoods Asia 2023". Vitafoods Asia 2023 is Asia’s No.1 exhibition on dietary supplements and ingredients. The event covers the the entire supply chain for the 'nutraceutical' industry. Vinafood Asia was inaugurated in 2011, in Hong Kong with the goal to promote the 'nutraceutical' industry for people’s better health through science and innovation. In 2022, Vitafoods Asia was held in Thailand for the first time. Meanwhile, Fi Asia 2023 looks to heighten the reputation of an event that unlocks opportunities for entrepreneurs to share and update global food trends, aiming at amplifying potential and ensuring local raw material and beverage operators are … [Read more...] about Thousands of suppliers join Food Ingredients Asia 2023, Vitafoods Asia 2023

Phu Nhuan Jewelry transforms its business operations with a cloud computing strategy Vietnam-based company, Phu Nhuan Jewelry (PNJ), has been consistent in its commitment to providing the highest quality products and services to customers whilst also being sustainable. To maintain its competitiveness in the market, the company has been implementing its retail strategies to get closer to its customers and provide a more complete, multi-faceted, and seamless shopping journey. Its cloud computing strategy, in particular, has accelerated the company's goals for the past two years. Before implementing the cloud computing strategy, PNJ had difficulty meeting the actual needs of the company's retail operations, especially during the peak season. For instance, on God of Fortune Day, many Vietnamese people would go to PNJ to buy gold, but heavy shopping made the experience inconvenient. PNJ has resolved this situation with comprehensive cloud-based solutions. Using the most advanced … [Read more...] about Phu Nhuan Jewelry embraces cloud computing strategy

The new parking centre can accommodate 1,000 cars and motorbikes with smart technology. (Photo: VNA) Can Tho (VNA) – A nine-storey car and motorbike parking centre was inaugurated and put into operation in the Mekong Delta city of Can Tho on September 20. Covering an area of 2,600 sq.m and built with total investment of 158 billion VND (6.5 million USD), the parking centre can accommodate 1,000 cars and motorbikes with smart technology. This is the first, largest and most modern of its kind in the city. It has two large capacity elevators to lift cars to park on floors while motorcycles have separate ways to the floors in a spiral direction. The parking space is equipped with an automatic foam fire extinguishing system. Le Van Thong, Director of the Can Tho Investment and Development Fund - the investor of the project, said the parking centre applies smart technology, camera surveillance and specialised software which can identify and provide detailed information … [Read more...] about Can Tho inaugurates nine-storey parking centre

Some top international and U.S. firms such as SpaceX, the Coca-Cola Company, and Pacifico Energy are planning to expand their operations in Vietnam, heard the receptions hosted by Vietnamese Prime Minister Pham Minh Chinh for these firms’ leaders in New York City on Wednesday (local time). During these receptions, part of the top Vietnamese official’s ongoing trip to the United States, PM Chinh underlined that Vietnam prioritizes science, technology, innovation, green, digital and circular economic, and research projects. He affirmed that the Vietnamese government always creates favorable conditions for international firms to do business in Vietnam effectively. Speaking at the meeting with the prime minister, Tim Hughes, senior vice president for global business and government affairs at SpaceX, a U.S. aerospace company, run by South African-American billionaire Elon Musk, said that the group highly values Vietnam’s potential for development. Hughes revealed that SpaceX aims … [Read more...] about Major US companies, including SpaceX, aim to expand investment in Vietnam

Authorities in Khanh Hoa and Lam Dong Provinces, located in Vietnam’s south-central and Central Highlands regions, respectively, have sought to develop a 103km-long expressway linking the two localities in the 2025-28 period, said a local official. The administration of Khanh Hoa recently told relevant agencies to work with a consulting unit on a proposal to develop the Nha Trang - Lien Khuong Expressway project, Nguyen Tan Tuan, chairman of the Khanh Hoa People’s Committee, said on Thursday. According to the proposal, the route would start from an intersection with the Nha Trang - Cam Lam Expressway in Khanh Hoa to the end of the Lien Khuong - Prenn Expressway in Lam Dong, with some 48km of the route in Khanh Hoa and the rest in Lam Dong. The projected end of the Nha Trang - Lien Khuong Expressway project, which will link Khanh Hoa Province in south-central Vietnam with Lam Dong Province in the country’s Central Highlands region. Photo: Tran Huong / Tuoi Tre … [Read more...] about Vietnam’s Nha Trang – Lien Khuong expy proposed to be built in next 3 years

The retail prices of fuel products in Vietnam were revised upward starting from 4:00 pm on Thursday, with each liter of the popular RON95 gasoline soaring nearly VND900 (US$0.03), according to the Ministry of Industry and Trade. Biofuel RON92 now sells for VND24,190 ($0.99) per liter, up around VND720 ($0.02), while the popular RON95 rose by VND870 ($0.33) per liter to VND25,740 ($1.05) from VND24,871 ($1.02). The prices of oil products were also adjusted up. Diesel oil is offered at VND23,590 ($0.97) per liter, up VND540 ($0.02). The price of kerosene is capped at VND23,810 ($0.97) per liter, rising VND630 ($0.02) while that of heavy fuel oil is VND17,840 ($0.73) per kilogram, inching up VND140. During this fuel price adjustment, the ministry decided to tax each liter of most oil and petrol products sold by VND300 to replenish the national fuel price stabilization fund, except for heavy fuel oil. The domestic retail prices of petrol products have been adjusted 26 times … [Read more...] about Vietnam sees sharp hike in petrol prices