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Follow us to see the latest news about Vietnam. Kon Tum - Ngoc Linh Ginseng Festival to be held every two years The event will include activities such as an exhibition showcasing Ngoc Linh ginseng and other medicinal herbs related to the development of tourism and the life of ethnic communities. Distinctive tourism products related to Ngoc Linh ginseng and other " One Commune One Product " (OCOP) products and various cultural and sports activities will be displayed. Vietnam hosts world's first post-pandemic meeting of instant noodle producers Acecook Vietnam production line. Photo courtesy of the company The first post-pandemic meeting of the World Instant Noodle Association was recently held in Ho Chi Minh City. This is also the first meeting of the association in Vietnam. The meeting brought together 13 companies from 11 countries and two research institutes. Acecook Vietnam was the only Vietnamese noodle producer to attend the event. Vietnamese … [Read more...] about Vietnam news in brief – October 3

illustration photo/ Photo Le Toan The very first logistics centre from Vietnam-Singapore Industrial Parks (VSIP) is now being constructed in the south-central province of Quang Ngai, and will be completed and put into use by the end of this year. Being built according to Lotus standards of the Vietnam Green Building Council, the 6-hectare Sembcorp Logistics Park will boast three modern single-storey warehouse blocks. Singapore’s Sembcorp Development, a wholly owned subsidiary of Sembcorp Industries, and its state-owned joint venture partner in Vietnam, Becamex IDC Corporation, in August also announced the addition of four new VSIPs. According to Charles Chong, director of Sembcorp in Vietnam, the country has developed strongly in recent years and will continue to be an important manufacturing country in the Asian region. “With the positive growth momentum of production activities and investment attraction, along with the government’s infrastructure upgrade plan, the … [Read more...] about Logistics investors heat up the market

Cold storage supply remains behind requirements, illustration photo/ Source: freepik.com The country’s cold storage industry is expected to reach a value of $295 million by 2025, with an annual growth rate of 12 percentage points, according to Savills Vietnam. At the end of August, Hau Giang Cold Storage Logistic Co., Ltd. started construction on its first outsourcing cold storage project in the same province. The scheme includes six cold storages equivalent to a capacity of 88,000 tonnes. With an estimated investment of around $21.7 million, the project will use modern technology from the EU and applying digital management. It is scheduled to be ready for operations by 2027. A Savills Vietnam report released in August shows that, although it only accounts for 11.4 per cent of the total number of transactions in the industrial real estate segment, the cold storage real estate market recorded an annual growth rate of nearly 30 per cent from 2017 to 2022, far exceeding … [Read more...] about Cold storage supply remains behind requirements

President of the Vietnam Football Federation (VFF) Tran Quoc Tuan (Photo: VNA) Hanoi (VNA) – President of the Vietnam Football Federation (VFF) Tran Quoc Tuan has been re-elected to represent the ASEAN Football Federation (AFF) in the Asian Football Confederation (AFC) Executive Committee in the 2023-2027 tenure. According to the VFF, the decision was made at the AFF annual congress in 2023 that took place in Ho Chi Minh City on October 1. This is the fourth consecutive working term that Tuan has served in the AFC Executive Committee. He was first elected to the committee in the 2011 – 2015 tenure. During his working terms, he has received high evaluations from the AFC and its member organisations thanks to his valuable solutions for the growth of Asian football. As the head of the AFC Competition Department, Tuan has been assigned to take charge of organisation work for many major football tournaments of Asia, including Asian Cup. Recently, he headed the AFC management … [Read more...] about Vietnamese football official continues to serve at AFC Executive Committee

An oil rig of Petrovietnam (Photo: VietnamPlus) Hanoi (VNA) – Forty-eight years since its establishment, the Vietnam Oil and Gas Group (Petrovietnam) has become a multi-billion-dollar enterprise and made breakthrough and comprehensive development strides. Petrovietnam was set up on September 3, 1975 with the goal of helping guarantee national energy security and serving as a pillar of economic support for national development. Shortly after the date of national reunification (April 30, 1975), on September 3 the same year, the Vietnam General Department of Oil and Gas, the predecessor of Petrovietnam , was established under the Council of Government in efforts to realise late President Ho Chi Minh’s aspiration to develop an oil and gas industry of the country. Nearly half a century has passed, Petrovietnam has managed to master the most cutting-edge technologies and build a complete oil and gas industry. From 1986 to 2022, it posted more than 400 billion USD in total … [Read more...] about Petrovietnam in step with 48 years of national development

Energy is one of the key pillars in Vietnam-Germany relations over the past decades with a series of projects and programs operated by The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) – the German Development Agency. A delegation of nearly 50 German companies led by Minister-President of the German state of Lower Saxony , Stephan Weil, has expressed their interest in renewable energy and energy efficiency , the field in which the Federal Government of Germany has cooperated with Vietnam for years. Vietnam's Prime Minister Pham Minh Chinh (R) and Minister-President of the German state of Lower Saxony , Stephan Weil, in Hanoi on October 1. Photo: VGP Other fields of potential cooperation that the Lower Saxony’s government and businesses want to focus on include vocational training, skilled labor migration, tourism, digitalization, and Industry 4.0. The issues were stated by Prime Minister-President Stephan Weil at … [Read more...] about Lower Saxony wants to invest in energy transition in Vietnam

I have lived in many countries and I am aware of the flaws of France, namely French people are very unsatisfied people and complain often. I was also aware of the obvious flaws of Vietnam for having visited it a bit, namely it does not have the same infrastructure or quality items as we have in France. There would be the language barrier and a few other lifestyle changes. But none of that seemed insurmountable. Vietnam also has some interesting advantages such as the ability to get things done quickly, very good food, a fast-paced development, and a good job market. I settled in Vietnam almost seven years ago with a plan to stay but I now doubt this plan more and more. Why? Because of the utter selfishness that is damaging Vietnam. Let me explain with some common examples. I often heard that there is rampant corruption in Vietnam but never really believed it. By now I have seen, heard or read about it in many administrations in Vietnam, involving many politicians including the past … [Read more...] about Selfishness kills my Vietnamese Dream

Vietnam’s logistics industry has been one of the fastest-expanding areas boosted by the country’s GDP over the years, and the country’s rising manufacturing and e-commerce have also contributed to this growth. Pritesh Samuel - Head of Business Intelligence at Dezan Shira & Associates Vietnam’s aim to develop itself as an export-driven economy is another reason why logistics play a vital role in supporting economic growth and facilitating trade. In fact, the total export and import turnover of goods in the first six months of 2023 reached $316.65 billion. Aviation, maritime, and road networks contribute to the bulk of freight. Vietnam’s ports handled around 733.18 million tonnes of cargo in 2022, this increase was up by 4 per cent compared to 2021. Container throughput was estimated at 25.09 million TEU, up 5 per cent from 2021. The volume of cargo transported by road was 1.2 billion tonnes in 2021. Goods are mainly transported by road transport, which accounts … [Read more...] about The growth drivers for logistics arena

Under the golden sunshine and fresh breeze, the Hanoi Autumn Festival was successfully held over the weekend, attracting large crowds of visitors. With the theme "Hanoi Autumn: Come to Love," the Hanoi Autumn Festival 2023 was successful as its diverse program of activities attracted about 80,000 visitors, according to the head of the Tourism Promotion Department. On October 1, the Hanoi Autumn Carnival, part of the Hanoi Autumn Festival, was held in a lively and colorful way in the pedestrian area of Hoan Kiem Lake. A booth selling banh cuon (steamed rice crepe) at the Hanoi Autumn Festival. Photo: Moc Mien/The Hanoi Times Held under the theme "Bright Colors of Autumn," the festival featured performances by art groups and the presence of women dressed in ao dai (traditional long robes), which added a charming touch to the event. Nguyen Thi Chanh, head of the Muong Gong Club in Phu Man commune, was happy that her ancient gong … [Read more...] about Hanoi Autumn Festival is a success: 80,000 people attend

There are currently around 300 green buildings certified by standards such as Lotus, Edge, LEED, or Green Mark, Photo: shutterstock According to Douglas Lee Snyder, executive director of the Vietnam Green Building Council, from a legal perspective, realising both financial and non-financial incentives in Vietnam is a challenge. “Maybe we need to make inter-ministerial cooperation efforts to achieve the goals set by the government of Vietnam. For example, while public green buildings often lead the market in other countries, in Vietnam, cost norms per square metre regulated by the Ministry of Finance alone are not enough for one construction, but it needs collaboration from other related ministries,” Snyder told VIR. Meanwhile, Angus Liew, chairman of Gamuda Land Vietnam, said that the barriers involve technology, equipment, and even perceptions. “In addition, Vietnam’s government has become well aware of the repercussions and understands the importance of transforming its … [Read more...] about Task obvious for Vietnam’s green building development