Business traveller news

The HCM City’s annual book fair, with the theme of "'Knowledge Brings the Future Closer", will take place downtown from February 9-15. It aims to promote a reading culture among the city’s people and create an entertaining and cultural spot during the Tết holiday. VNA/VNS Photo by Thanh Vũ … [Read more...] about Annual Tết book fair to open in downtown HCM City

Hanoi (VNA) - Vietnam’s footwear sector is now beginning to see positive signs after export revenue for footwear and handbags fell 11 percent year-on-year to 19.5 billion USD in 2020, making it one of the sectors hardest hit by COVID-19. Vietnamese companies have proved their capacity in research and development (R&D) and design, according to Chairman of the Vietnam Leather, Footwear and Handbag Association (LEFASO) Nguyen Duc Thuan. Signs show that Vietnam is further penetrating into the leather-footwear supply chain, he said, as the design and R&D processes rake in high added value for products. The domestic supply of materials for the sector now represents 60 percent. Local businesses can take the initiative in producing soles and moulds, as well as packaging and labelling. This is attributable to their activeness in manufacturing materials locally, Thuan added. In particular, the Gia Dinh Footwear JSC has set up industrial clusters to attract investment in … [Read more...] about Footwear sector further penetrates global supply chain

HCM City (VNA) - Intel had poured an additional 475 million USD into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Chief Financial Officer Alan Danner said on January 27. He made the announcement during a meeting with businesses hosted by Saigon Hi-tech Park (SHTP) in Ho Chi Minh City. This is a new investment following a sum of 1.04 billion USD invested to build a chip assembly and test manufacturing facility at SHTP in 2006, bringing the semiconductor company’s investment in Vietnam to 1.5 billion USD in total. The additional capital was channelled into IPV between June 2019 and December 2020 to bolster the production of Intel’s 5G products, Intel Core processors with Intel Hybrid Technology, and the 10th Gen Intel Core. IPV is an important part of Intel’s production chain across the world, Danner said, adding that the firm will further diversify and improve its activities in … [Read more...] about Intel channels additional 475 million USD into Vietnam

“We are grateful for the support of the hosts for these competitions who agreed with the AFC the need to safeguard the interests of all stakeholders during this time of uncertainty and taking into consideration the risks of the current pandemic,” AFC General Secretary Dato’ Windsor John was quoted as saying on the-afc.com. … [Read more...] about Futsal champs cancelled, Việt Nam may have chance to qualify for 2021 World Cup

Despite difficulties caused by the Covid-19 pandemic, such as travel restrictions that prevent investors from site inspections and direct meetings, there remains great interest in the country since it is considered a new regional industrial powerhouse, it added. … [Read more...] about Industrial land rents in north rise to new peak