Factors favouring industrial development in south africa

The investment registration certificates handover ceremony for SK Group to US$500 million in a high-tech biodegradable materials plant in Hải Phòng. Photo courtesy of the firm South Korea’s second-largest conglomerate is investing US$500 million in a high-tech biodegradable materials plant in the northern city of Hải Phòng, the first of its kind in South East Asia. At the recent conference on granting investment registration certificates for investment projects in industrial zones (IZs) and economic zones (EZs) in Hải Phòng, the Hải Phòng Economic Zone Authority (HEZA) granted a new investment registration certificate to the ECOVANCE high-tech biodegradable materials factory project of SK Group (South Korea) with a total investment capital of $500 million. The project aims to produce biodegradable materials PBAT, PBS, and PBATS. The project covers an area of 32,089 sq.m, located in the CN5.5G2 land lot, DEEP C Hải Phòng I Industrial Zone (in the Đình Vũ - Cát Hải Economic Zone). … [Read more...] about SK Group to pour US$500 million into DEEP C Hải Phòng

National Assembly Chairman Vuong Dinh Hue meets with representatives of the Vietnamese community in Bangladesh on September 22. (Photo: VNA) Dhaka (VNA) – National Assembly Chairman Vuong Dinh Hue met with representatives of the Vietnamese community in Bangladesh on September 22 within the framework of his official visit to the South Asian country. The top legislator said this is the first visit by a Vietnamese NA Chairman to Bangladesh, and described it as a significant activity when the two nations are celebrating the 50th founding anniversary of diplomatic relations. He reviewed the Vietnam – Bangladesh relations , and briefed the overseas Vietnamese of the outcomes of his talks with the Speaker of the Bangladeshi Parliament, Shirin Sharmin Chaudhury, during which the first-ever cooperation deal between the two legislative bodies was signed in the past five decades. Leaders of both countries affirmed efforts to increase two-way trade from 1.5 billion USD to 2 … [Read more...] about NA Chairman meets with Vietnamese community in Bangladesh

Vice Chairman of the Hanoi People’s Committee Nguyen Manh Quyen (R) and Mayor of Shenzhen Qin Weizhong. (Photo: hanoi moi.com.vn) Hanoi (VNA) – Shenzhen city of China wishes to further promote economic and trade relations with Vietnamese localities, including the capital city of Hanoi, especially in investment, 5G technology, new energy vehicles (NEV), wind power, and renewable energy, said Mayor of Shenzhen Qin Weizhong. During a meeting with Vice Chairman of the Hanoi People’s Committee Nguyen Manh Quyen in Hanoi on September 18, Qin, who is also Deputy Secretary of the Shenzhen Municipal Party Committee, briefed the host on the Chinese city’s development. Shenzhen's GDP reached 500 billion USD in 2022, while its industrial production topped localities across China. Shenzhen has also witnessed the formation and development of big high-tech enterprises, such as Huawei, Tencent, and BYD automobile companies. It is also the headquarters of 11 firms in the global Top … [Read more...] about Hanoi, China’s Shenzhen look to beef up multifaceted cooperation

Representatives of the Vietnamese community in Bulgaria welcome NA Chairman Vuong Dinh Hue at Sofia International Airport on September 23. (Photo: VNA) Hanoi (VNA) – The official visit to Bulgaria, starting on September 23, by Chairman of the Vietnamese National Assembly (NA) Vuong Dinh Hue is set to further intensify the traditional friendship and multifaceted cooperation between the two countries, including their parliamentary ties. This is the first visit to Bulgaria by a chairperson of the Vietnamese NA in 15 years, since the trip by then NA Chairman Nguyen Phu Trong in 2008. The two countries boast long-standing friendship and cooperation. Bulgaria was one of the first countries in the world to recognise and set up diplomatic ties with Vietnam, on February 8, 1950. The official visit to the European country by then President Ho Chi Minh in August 1957 laid the foundation and marked an important milestone in the history of bilateral relations. Over the last more … [Read more...] about NA leader’s visit set to strengthen traditional, multifaceted ties with Bulgaria

Some 20 Vietnamese journalists and officials partook in the training course from September 13 to September 22. A journalistic training course hosted by the Korea International Cooperation Agency (KOICA) in Seoul concluded late this week (September 22). Vietnamese journalists and officials try to produce news at the YTN News. Photo: Hoang Quy/The Hanoi Times The course is the second phase training course for 20 Vietnamese journalists to better implement Government policies. After two weeks, Vietnamese officials at the Academy of Journalism & Communication, officials of the Central Propaganda and Education Committee, the Ministry of Information and Communications, and several local news publishers successfully graduated and obtained certificates from KOICA. Nguyen Duc Toan, Vice Rector of the Academy of Journalism & Communication, said he is grateful for the support of the South Korean Government, KOICA and other organizations. He also … [Read more...] about KOICA training course for Vietnamese journalists ends