The signing took place on Sept. 18 (U.S. time) at the headquarters of Synopsys in San Francisco, California, under the witness of Prime Minister Pham Minh Chinh during his working trip. The memorandum states that Synopsys will support the Department of Information Technology and Communications Industry in creating a plan to establish a semiconductor research center. Synopsys’ technology is set to be used as samples and prototypes for semiconductor production. Nguyen Thien Nghia, deputy head of the department, said that the partnership with Synopsys allows Vietnamese engineers to be trained by one of the best chip designers in the world. Robert Li, head of sales and customer success group serving Taiwan, Southeast Asia, and India, said that his company is committed to helping Vietnam expand human resources in designing and manufacturing semiconductors. The company also signed a memorandum with the National Innovation Center under the Ministry of Planning and Investment to … [Read more...] about Chip giant Synopsys to help Vietnam develop semiconductor industry
Draft business continuity plan
World Safety and Operations Conference kicks off in Hanoi
The three-day conference is being held by the International Air Transport Association (IATA) with Vietnam’s national flag carrier Vietnam Airlines acting as the host. Themed “Leadership in Action: Driving Safer and More Efficient Operations,” the event has brought together more than 800 delegates from airlines worldwide and international organizations in the aviation sector. Deputy PM Quang stressed that the Vietnamese Government has regarded the aviation sector as one of the economic engines that plays an important role in promoting trade and economic ties and tourism development. For his part, Minister of Transport Nguyen Van Thang briefed the participants on achievements reaped by the Vietnamese aviation sector, saying no commercial airplane accidents have been reported over the past 25 years, and all of the domestic airlines have received operational safety certificates from the IATA. Dang Ngoc Hoa, Chairman of the Board of Directors of Vietnam Airlines, highlighted the … [Read more...] about World Safety and Operations Conference kicks off in Hanoi
Innovative medicine sales top the list for multinationals
Non-communicable diseases are still on the rise in Vietnam, and thus more choice and more modern answers are required, Photo: Le Toan Pfizer plans to bring numerous innovative medicines to Vietnam over the next four years. This is in line with its global strategy, as the company has made significant progress towards launching 19 new products over an 18-month span, having executed 11 launches so far. According to Pfizer, the company continues to build momentum, recently attaining key milestones for several products, including the US launches of Prevnar 20 in paediatric patients; as well as US approvals and launches of several other key medicines Darrell Oh, country manager of Pfizer Vietnam, told VIR, “Pfizer Vietnam will continue focusing our business where we believe we can have the greatest impact on patients and society – pursuing what we believe to be the most innovative biopharmaceutical therapies and vaccines.” “More than ever, we believe that the innovative industry … [Read more...] about Innovative medicine sales top the list for multinationals
Vietnam-US semiconductor cooperation significant to bilateral relations
In the long term, US businesses and corporations may explore the feasibility of setting up semiconductor chip manufacturing facilities in Vietnam. The semiconductor industry offers great opportunities for cooperation between Vietnam and the US, carrying substantial implications for the bilateral relations in the new development phase . Overview of the meeting. Photos: Nhat Bac/VGP This view was shared at a meeting between Prime Minister Pham Minh Chinh and CEO of the Semiconductor Industry Association (SIA) John Neuffer, along with executives from US leading firms in the semiconductor industry on September 19 in Washington . Nguyen Chi Dung, Minister of Planning and Investment, said the meeting marks the next phase in the implementation of collaborative initiatives between US semiconductor organizations and businesses, joining forces with Vietnamese partners to create opportunities for market expansion and enhance Vietnam's capabilities in the … [Read more...] about Vietnam-US semiconductor cooperation significant to bilateral relations
Australian presence apparent in quality and quantity
At the 2023 Australian Investment Forum in Ho Chi Minh City last week, deputy director Vu Van Chung of the Foreign Investment Department under the Ministry of Planning and Investment noted that Vietnamese businesses are now well-equipped to venture into major economies, no longer limiting their focus solely to countries of similar economic stature. One-on-one meetings with representatives from Australian states and territories were held within the Forum. Photo: Australian Embassy in Vietnam “Traditionally, we’ve collaborated with nations matching our development level, management capabilities, and potential,” Chung said. “However, in the past five years, investments from Vietnamese firms have witnessed unprecedented growth in both quality and quantity.” With its burgeoning economic development, Vietnam offers myriad collaboration and international integration opportunities. “Currently, we have approximately 850,000 enterprises, with ambitions to expand this figure … [Read more...] about Australian presence apparent in quality and quantity
E.C. pledges support for Vietnam in developing sustainable fisheries
E.C. Commissioner for the Environment, Oceans and Fisheries Virginijus Sinkevičius made the remarks at a meeting with Vietnamese Minister of Agriculture and Rural Development Le Minh Hoan in Brussels on September 18. The E.C. representative also said the E.C. wants to assist the Southeast Asian nation in becoming a model of sustainable fisheries development and anti-illegal, unreported, and unregulated (IUU) fishing in the world. In the meeting, Hoan told Sinkevičius that Vietnam saw the yellow card of the E.C. not only as a challenge but also an opportunity for the local fisheries sector to switch from a small-scale, tropical, multi-sector, multi-species industry to a responsible and sustainable one. A comprehensive plan with specific goals and solutions has been developed and implemented across all levels, especially in coastal localities, with an active participation of authorities, organizations, fishing communities, associations, and seafood businesses. So far, with … [Read more...] about E.C. pledges support for Vietnam in developing sustainable fisheries
Prime Minister calls on U.S. semiconductor firms to invest more in Vietnam
The event, part of his trip to attend the high-level week of the 78th United Nations General Assembly and bilateral activities in the U.S., was also attended by U.S. Ambassador to Vietnam Marc Knapper and President and CEO of the U.S.’s Semiconductor Industry Association (SIA) John Neuffer. The U.S. businesspeople spoke highly of the potential of the semiconductor industry in Vietnam, which boasts high-quality human resources and increasingly improved capacity of local enterprises and training establishments. They held that the two countries’ cooperation potential in this industry is substantial and highly meaningful for bilateral relations in the new period. Participants discussed investment opportunities in Vietnam and proposed cooperation measures for developing a semiconductor ecosystem in the country, with the U.S. being a strategic partner of leading importance. In the long term, they said, U.S. firms can consider the possibility of building chip factories in Vietnam. PM … [Read more...] about Prime Minister calls on U.S. semiconductor firms to invest more in Vietnam
EC pledges support for Vietnam in developing sustainable fisheries
The EC representative also said the EC wants to assist Vietnam in becoming a model of sustainable fisheries development and anti-illegal, unreported, and unregulated ( IUU ) fishing in the world. Hoan said Vietnam has clearly identified sustainable fisheries development as the key to addressing the EC's yellow card warning. He suggested that the EU quickly remove the warning for Vietnam. The Vietnamese minister also had working sessions with officials of the EC Directorate-General for the Environment and Directorate-General for Maritime Affairs and Fisheries. During the meetings, he underscored the Vietnamese Government's commitment to transforming agriculture in an eco-friendly and sustainable direction and developing a transparent and sustainable farming industry as the nation steers towards becoming a major global supplier of food products./. VNA … [Read more...] about EC pledges support for Vietnam in developing sustainable fisheries
Recruitment soaring in tech titan positions
Photo: Duc Thanh In the working session between Chairwoman of Bac Ninh People’s Committee Nguyen Huong Giang and Goertek Group on September 12, the leader of Goertek reported on construction progress of its third plant located in Nam Son-Hap Linh Industrial Park. According to Goertek, one of Apple’s largest acoustic products suppliers, the construction of this third facility is accelerating. To prepare for the operation, the corporation is continuously placing notices on the recruitment information on its website as well as at online job fairs. The $300-million factory in Nam Son-Hap Linh Industrial Park, which will produce consumer electronics, communication equipment, and optical equipment, will go into operation in April 2024, with the total recruitment demand up to 50,000 people. Foxconn and Luxshare ICT Vietnam have simplified recruitment procedures and offer competitive incomes to employ a large volume of employees. Nguyet Ha, HR staff of Foxconn Quang Chau, said … [Read more...] about Recruitment soaring in tech titan positions
Giants lead green packaging future
Giants lead green packaging future, illustration photo/ Source: freepik.com About 450 businesses from more than 30 countries and territories will gather for the 16th edition of ProPak in Ho Chi Minh City in November to establish a panorama of equipment and new technology in future food processing and packaging. The exhibition will offer a dynamic business platform that is shaping the future of the processing and packaging industries, particularly in an industry closely impacting the environment like packaging. Food packaging currently accounts for 30-50 per cent of the total packaging industry space, according to statistics from the Ministry of Industry and Trade, leading to a strong symbiotic relationship between the two fields of food and packaging. According to German data provider Statista, the packaging sector has been growing on-year with an average rate of 15-20 per cent, in parallel with the average increase of about 10 per cent of the food and beverages market over … [Read more...] about Giants lead green packaging future