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Vietnam experienced a notable increase in automotive imports between January and April compared to the same period last year, in spite of a subsequent drop in April, according to data from the General Department of Vietnam Customs. The country imported 54,344 completely-built-up (CBU) autos in January-April, up 47.2 percent in volume and 33.4 percent in value year on year. The imports comprised 43,856 sedans, hatchbacks, sport utility vehicles (SUVs), minivans, and multi-purpose vehicles (MPVs), marking an increase of 45.6 percent compared to the same period last year, and 7,773 units designed for goods transportation, indicating a significant upswing of 109 percent. Thailand was Vietnam’s biggest auto exporter in the four-month period, with around 27,150 units worth US$545 million, followed by Indonesia with 19,050 units valued at $260 million and China with 3,617 units costing $135 million. The importation slowed down in April when Vietnam brought in 12,323 CBU cars worth … [Read more...] about Vietnam’s auto imports surge in January-April

Visitors at the event. — VNS Photo Mai Huong The Plum Week and Safe Agricultural Products of Son La Province opened at Big C Thang Long supermarket in Ha Noi on Thursday evening, connecting the province’s businesses and cooperatives with retailers and businesses in other provinces and cities. The event was organised by the Son La Provincial Investment Promotion Centre in collaboration with Central Retail Vietnam and Vietnam Farmers' Union. The five-day event features 30 stalls showcasing a wide range of Son La’s agricultural products meeting food safety standards such as VietGAP, GolbalGAP, OCOP and organic certifications. The focus was on promoting Son La plums. Son La provincial People’s Committee Vice Chairman Nguyen Thanh Cong highlighted the significance of the event, stating that it presents a valuable opportunity to showcase the province’s agricultural products and safe food in both the capital city’s market and beyond, encompassing various provinces. He further … [Read more...] about Son La Plum Week and Safe Agricultural Products open in Ha Noi

According to Electricity of Vietnam (EVN) deputy general director Nguyen Tai Anh, "It will be crucial to implement a swift legal framework on investment, building, and operating offshore wind power projects while simultaneously drawing in investment and enhancing the existing transportation system." "The urgent need is to alter the policy framework as well as regulations to effectively accomplish the defined goals," added Tai Anh, speaking at a conference hosted by EVN on June 1. According to international practice, bringing an offshore wind power project into action requires about 8–9 years of planning and execution. Some analysts predict that Vietnam will require a vigorous preparatory process with suitable regulations to expedite the implementation time to meet the target of 7GW of power from offshore wind by 2030. The German Development Agency's Energy Support Programme and Vietnam Energy Partnership Group (VEPG) gathered specialists to share their international knowledge … [Read more...] about Vietnam needs to modify policies to foster offshore wind power

The bank’s recent report looks specifically at seven areas – super apps, mobile payment, social commerce, short-form videos, eSports, webtoons, and digital health – that are currently essential elements in the Asia marketplace. According to the report, while infrastructure has historically been underdeveloped relative to the West, Asia’s high internet connectivity, young and increasingly affluent and urban demographics, and entrepreneurial spirit have driven the region to adopt many technologies at a faster pace. In doing so, Asia provides a glimpse of what the future could look like in more developed, Western economies. Asia is also the first region to introduce several social commerce formats such as livestreaming e-commerce, helping it to become the undisputed 'time machine' for social commerce globally. “We hope the report provides fresh insights on current differences in technological adoption between Asia and the West, as well as a potential path for how these … [Read more...] about Citi: Asia is a time machine to the future

Vietnamese Prime Minister Pham Minh Chinh (L) meets with Australian Prime Minister Anthony Albanese on the sidelines of the 40th and 41st ASEAN Summits in Cambodia (Photo: VNA) Hanoi (VNA) – Australian Prime Minister Anthony Albanese ’s visit from June 3-4 is expected to further promote the sound relations between the two countries in all fields, including peacekeeping, education and training. This is the first official visit to Vietnam by Anthony Albanese since taking office and only two months after the state visit by Australian Governor-General, showing Australia's great attention to the Southeast Asian nation. Highlighting the Vietnam-Australia partnership in peacekeeping operations, Colonel Pham Manh Thang, Director of the Vietnam Department of Peacekeeping Operations, said that Australia was one of the first countries to sign a memorandum of understanding (MoU) with Vietnam in UN peacekeeping activities in 2015. The MoU laid a foundation for the two countries to … [Read more...] about PM Anthony Albanese’s visit hoped to lift up Vietnam-Australia partnership

A working session between VWU delegation and Begona Lasagabaster, Director of UNESCO Division of Gender Equality. (Photo: VNA) Paris (VNA) – A delegation from the Vietnam Women's Union (VWU) led by its Vice President Nguyen Thi Minh Huong paid a working visit to France from May 30 to June 1, during which they met and discussed with representatives from international organisations and Vietnamese associations in France. On June 1, the delegation and Ambassador Le Thi Hong Van, Permanent Representative of Vietnam to UNESCO, met Chairperson of the UNESCO's Executive Board Tamara Rastovac Siamashvili and Begona Lasagabaster, Director of UNESCO Division of Gender Equality. A working session between VWU delegation and Chairperson of the UNESCO's Executive Board Tamara Rastovac Siamashvili. (Photo: VNA) VWU Vice President Nguyen Thi Minh Huong informed the UNESCO officials about the guidelines and policies of Vietnam and the country’s socio-economic development in recent … [Read more...] about Vietnam Women’s Union delegation pay working visit to France

Faslink in collaboration with designer Lam Gia Khang introduced a fashion collection using eco-friendly materials such as fabrics made from bamboo, lotus stem, coffee grounds and mint fibres, and nano fabrics in HCM City on May 26. — Photo courtesy of the company Faslink, a pioneer in supplying green materials to the fashion industry, in collaboration with designer Lam Gia Khang, has introduced a fashion collection using eco-friendly materials such as fabrics made from bamboo, lotus stems, coffee grounds, mint fibres, and nano fabrics in HCM City last week. The collection includes "infiTec polo" shirts, the first shirts in Viet Nam that were woven using 3D knitting technology, a new fashion technology that helps optimise the production process, save costs and reduce material waste and CO2 emissions. In addition, Faslink also introduced a series of health-protecting and user-friendly products such as polo shirts using “cooling cafe” material with SPF100+ sun protection, “Offsun” … [Read more...] about Faslink introduces fashion collection with sustainable materials, innovative technology