Korean firms

The Department of Natural Resources and Environment of Dong Nai Province, southern Vietnam has written to four foreign-invested firms asking them to suspend cooperation agreements with 328 livestock farms as these farms have no certificates of completion of environmental protection works. Previously, the department, in collaboration with relevant agencies and local authorities, conducted inspections to assess the adherence to legal requirements for environmental protection by nearly 10,000 livestock farms and poultry facilities in the province. The four-month comprehensive review of documents and on-site inspections resulted in the discovery of 328 pig and chicken farming operations across 10 out of 11 districts and cities, excluding Bien Hoa City, holding livestock farming contracts with four foreign-invested enterprises without the necessary environmental permits. Those foreign-invested enterprises consists of C.P. Vietnam Joint Stock Company, Japfa Comfeed Vietnam Co. Ltd., … [Read more...] about Vietnamese province halts foreign firms’ partnerships with 328 farms over environmental issues

Vietnamese singer Hanbin. Photo from TEMPEST's Twitter The Vietnamese artist and his six bandmates held their showcase Wednesday to present their new single "Into the Storm." Footage of his performance has garnered tens of thousands of interactions from the public audience on various South Korean news outlets and social media platforms. Hanbin said during the Q&A section that he wanted to hold more tours with his bandmates in the future, and wanted his home country Vietnam to be one of the stops of the tours. "I can go everywhere as long as you [fans] are there," he said. The group also promised to bring the fans more interesting experiences in the future. Born Ngo Ngoc Hung in the northern Yen Bai province, Hanbin gained attention with his attendance in the South Korean reality show "I-Land," produced by boy group BTS’ management agency Big Hit Entertainment, in 2020. He then signed a contract with Yuehua Entertainment and debuted in the K-pop idol group TEMPEST … [Read more...] about Vietnamese singer creates buzz in South Korea

The event was attended by Chief of the Vietnam Coast Guard Major General Le Quang Dao, among others. The establishment of the Military Intelligence and Reconnaissance Division marked the new height of the Vietnam Coast Guard Command in general and its Staff in particular, on the occasion of the Vietnam Coast Guard Command’s 25th anniversary of its foundation day. Meanwhile, it also helps the Staff of the Vietnam Coast Guard grasp situations at sea early and from afar, meeting all task requirements of protecting the national sovereignty over sea and islands in the current context. Addressing the event, Major General Le Quang Dao congratulated the unit on its new development, urging the General Department II of the Ministry of National Defense and functional units to create favorable conditions for the unit in both personnel and equipment, so as to meet all task requirements. He also asked the newly-established division to ensure its firm political stance, raise competence and … [Read more...] about Vietnam Coast Guard’s Military Intelligence and Reconnaissance Division established

The EV maker plans to deliver approximately 3,000 EVs to France, Germany, and the Netherlands in the fourth quarter of 2023, as the EU contemplates imposing import tariffs on Chinese EV competitors, according to a recent Reuters report. VinFast’s CEO Le Thi Thu Thuy revealed that the company anticipates introducing its VF8 models in France, Germany, and the Netherlands in Q4 this year. "Other models like the VF6, VF7, and VF9 are slated for a 2024 launch," she added. “Thuy did not indicate the number of VF8 sport utility vehicles (SUVs), but a person familiar with the matter said it would be around 3,000 vehicles, including some for Israel,” Reuters wrote. This move marks a significant growth target, with the company aiming to quadruple its European sales volume, a considerable jump from its earlier modest target of 700 EVs. The EU's stringent scrutiny of Chinese EV makers and the anticipated imposition of import tariffs could present a lucrative opening for VinFast. If the … [Read more...] about VinFast eyes Europe expansion amid potential EU tariffs on Chinese EVs

Phu Nhuan Jewelry transforms its business operations with a cloud computing strategy Vietnam-based company, Phu Nhuan Jewelry (PNJ), has been consistent in its commitment to providing the highest quality products and services to customers whilst also being sustainable. To maintain its competitiveness in the market, the company has been implementing its retail strategies to get closer to its customers and provide a more complete, multi-faceted, and seamless shopping journey. Its cloud computing strategy, in particular, has accelerated the company's goals for the past two years. Before implementing the cloud computing strategy, PNJ had difficulty meeting the actual needs of the company's retail operations, especially during the peak season. For instance, on God of Fortune Day, many Vietnamese people would go to PNJ to buy gold, but heavy shopping made the experience inconvenient. PNJ has resolved this situation with comprehensive cloud-based solutions. Using the most advanced … [Read more...] about Phu Nhuan Jewelry embraces cloud computing strategy

During the 78 th UN General Assembly High-Level Week in New York, Vietnamese Prime Minister Pham Minh Chinh met with top executives from global giants, including the space exploration tech firm SpaceX on September 20. In a notable discussion, PM Chinh met with Tim Hughes, senior vice president in charge of Global Business and Government Affairs at SpaceX. During their conversation, Hughes said, "SpaceX is planning an investment of approximately $500 million in Vietnam, and we're keen on obtaining a licence to introduce our Starlink services in the country." Chinh warmly welcomed SpaceX's proactive investment proposal and encouraged the company to "coordinate with Vietnamese agencies and relevant entities to expedite the project's deployment." Additionally, it's essential to consider competitive pricing to align with Vietnam's developmental objectives and legal framework," Chinh said. The PM emphasised the need for SpaceX to collaborate with Vietnam's Ministry of Planning … [Read more...] about SpaceX targets $500 million investment in Vietnam

Some top international and U.S. firms such as SpaceX, the Coca-Cola Company, and Pacifico Energy are planning to expand their operations in Vietnam, heard the receptions hosted by Vietnamese Prime Minister Pham Minh Chinh for these firms’ leaders in New York City on Wednesday (local time). During these receptions, part of the top Vietnamese official’s ongoing trip to the United States, PM Chinh underlined that Vietnam prioritizes science, technology, innovation, green, digital and circular economic, and research projects. He affirmed that the Vietnamese government always creates favorable conditions for international firms to do business in Vietnam effectively. Speaking at the meeting with the prime minister, Tim Hughes, senior vice president for global business and government affairs at SpaceX, a U.S. aerospace company, run by South African-American billionaire Elon Musk, said that the group highly values Vietnam’s potential for development. Hughes revealed that SpaceX aims … [Read more...] about Major US companies, including SpaceX, aim to expand investment in Vietnam