Export garments from india

HCM City (VNA) – Ho Chi Minh City wants to continue to be an important partner of India in the fields of economy-trade, health care, information technology and clean energy, said Vice Chairwoman of the municipal People’s Committee Phan Thi Thang. During a ceremony marking the 72nd anniversary of India’s Republic Day held by the Indian Consulate General in Ho Chi Minh City on January 26, Thang said with161 projects worth over 74 million USD, India is now placed 25th out of 110 countries and territories investing in the city. Two-way trade reached nearly 1.5 billion USD last year. Attention was paid to holding exchange, economic-cultural and education cooperation activities each year. In particular, the Indian Consulate General suggested training a contingent of medical staff for the city, she said. Vice Chairwoman of the HCM City People’s Committee Phan Thi Thang speaks at the event (Photo: VNA) … [Read more...] about HCM City wants to foster ties with India

Hanoi (VNA) – Apple is ramping up the production of iPhones, iPads, Macs and other products outside of China, in a sign that the tech giant is continuing to accelerate its production diversification, reported Nikkei Asia. It quoted its sources as saying that iPad production will begin in Vietnam as early as the middle of this year, marking the first time that the world's biggest tablet maker will build a significant number of the devices outside of China. The tech giant is also stepping up iPhone production in India, its second-largest production base for the iconic device, sources added, with plans to start producing the latest iPhone 12 series, the company's first 5G smartphones, in the South Asian nation in this quarter. Apple is also increasing production capacity for smart speakers, earphones and computers in Southeast Asia as part of its ongoing diversification strategy, the newspaper added. In Vietnam, Apple is mobilising suppliers to expand production capacity for … [Read more...] about Apple bolsters production shift to Vietnam, India

A person examines high-quality Jasmine rice at a local firm. Tons of Vietnam’s fragrant rice first imported to the United Kingdom following the implementation of UKVFTA were put up for sale in London on January 26 – PHOTO: TRUNG CHANH HCMC – The first few tons of Vietnam’s fragrant rice has been exported to the United Kingdom since the United Kingdom-Vietnam Free Trade Agreement (UKVFTA) came into force in late December last year. It was put up for sale in London on January 26. … [Read more...] about First tons of Vietnamese rice exported to Britain following UKVFTA

Hanoi (VNA) – India’s e-newspaper Times of India on January 26 ran an article about the 13th National Congress of the Communist Party of Vietnam, spotlighting Prime Minister Nguyen Xuan Phuc’s speech at the congress opening. The article quoted the Vietnamese PM as saying that the congress is taking place at a time of complicated regional and international developments and global challenges such as climate change, natural disasters and pandemics. In that sense, Vietnam’s 13th National Party Congress comes at a historic time not only for Vietnam but also for the Indo-Pacific region as a whole, it said, adding that there are multiple challenges and opportunities. Having made tremendous economic progress over the last 15 years, Vietnam’s policy of “Doi Moi” (Renewal) has not only raised prosperity for the Vietnamese people but also significantly bolstered the country’s regional and international position, it said. In fact, most … [Read more...] about Indian e-newspaper highlights Vietnam’s role in region

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