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Several enterprises from South Korea and Japan were granted investment certificates on Friday to develop FDI projects at industrial parks in the northern port city of Hai Phong, with a total pledged capital reaching nearly US$1.4 billion. The investment certificate handover ceremony was attended by Le Tien Chau, secretary of the municipal Party Committee. The Hai Phong Economic Zone Management Board presented an investment certificate to Ecovane, a subsidiary of the South Korean chemicals maker SKC, to develop a hi-tech biodegradable material factory project worth $500 million. Other key projects receiving the certificates at the event included a BW ready-built factory worth $60 million and a $40-million auto parts manufacturing plant by China’s CCTY Bearing Company. Besides, Japan's Kyocera Document Solutions Inc was approved to pour an additional $237.5 million into its machine and equipment manufacturing plant project, raising the project’s total investment to $425 million. … [Read more...] about Vietnam’s Hai Phong City attracts extra $1.4 billion in foreign investment

If proper efforts are made, using film to promote tourism in Nha Trang might be successful. The coastal province of Khanh Hoa is like a miniature Vietnam, with diverse cultures, natural conditions and historical buildings. In addition, Khanh Hoa hosts popular film festivals and events that bring together actors and directors from other countries, boosting tourism and becoming an attractive destination like Cannes in France, Busan in South Korea, and Hollywood in the US. Do Le Hung Tu, Chairman of the Vietnam Film Association, shared the view following the success of the 2023 edition of the Golden Kite Film Award , which ended this month. The aerial view of Nha Trang City. Photo: Khanh Hoa Tourism Department Echoing Tu, Ta Quang Dong, Deputy Minister of Culture, Sports and Tourism said the Golden Kite Film Award is a great opportunity for experts and managers to work together and create new cultural projects to make Khanh Hoa's Nha Trang City a popular … [Read more...] about Nha Trang promises to be a city of cinema tourism

Attendees were keen to divulge their ideas on what is needed to fulfill Vietnam’s commitments, photo Le Toan Deputy Prime Minister Le Minh Khai said at the Ho Chi Minh City Economic Forum 2023 that green transformation and green growth may create many new opportunities but also require large resources for relevant technologies, efficiency, and to minimise production and waste treatment costs. Highly qualified human resources, both in terms of knowledge and skills, are also a key factor for businesses to implement green economic initiatives and solutions. “In addition to the role of banks and financial institutions, Vietnam needs the participation and cooperation of international financial organisations in mobilising green finance,” Khai said. The move towards renewable energy sources, green transportation, and a supply chain of green goods from production to consumption are creating many attractive cooperation opportunities for both domestic and foreign businesses, he … [Read more...] about Ho Chi Minh City urged to double down on green goals

The 15th Vietnam International Woodworking Industry Fair attracts 320 exhibitors from 28 countries and territories. (Photo: VNA) HCM City (VNA) - The 15th Vietnam International Woodworking Industry Fair opened at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on September 20. It has attracted 320 exhibitors from 28 countries and territories who are showcasing their latest woodworking product lines and engaging in various curated events and activities. Exhibitors showcase comprehensive automatic production lines and wood system integration with the focus on digital transformation. It has eight foreign pavilions from Austria, Canada, France, Germany, Italy, Russia, the US and Taiwan. Speaking at the opening ceremony, Vice Chairman of the HCM City Handicrafts and Wood Industry Association Phung Quoc Man said Vietnam is the world’s fifth largest exporter of wooden products and has substantial demand for woodworking machinery and components. Imports of … [Read more...] about VietnamWood Fair kicks off in HCM City

Southern Vietnam’s Ho Chi Minh City and the northeastern American city of New York signed a memorandum of understanding to establish the twinning relationship at a ceremony in New York on Friday. The signing was made between Phan Van Mai, chairman of the Ho Chi Minh City administration and New York Mayor Eric Adams, in the presence of Vietnamese Prime Minister Pham Minh Chinh, who are in the U.S. city to attend the General Debate of the 78th session of the United Nations General Assembly. This MoU on twinning ties “is of great significance to both cities” as the two countries have recently upgraded their bilateral relations to a comprehensive strategic partnership, Mai told Tuoi Tre (Youth) newspaper. “This is not only symbolic but also demonstrates a strong commitment to promoting comprehensive, substantive and effective cooperation between the two countries at all levels,” Mai commented. “I hope the sister relationship will serve as a solid and favorable foundation for … [Read more...] about Ho Chi Minh City, New York set up twinning ties to foster cooperation

The Ho Chi Minh City People’s Council on Tuesday decided to source over VND4.3 trillion (US$176.1 million) from its budget to purchase medical equipment for three hospitals at its gateways. Of the total, the Thu Duc Regional General Hospital will receive over VND1.45 trillion ($59.5 million); Hoc Mon Regional General Hospital, over VND1.49 trillion ($61.1 million); and Cu Chi Regional General Hospital, some VND1.36 trillion ($55.8 million). The city will purchase the equipment between 2023 and 2025. The plan to acquire medical equipment for these hospitals is vital to ensure that they will have sufficient equipment after being put into operation. Residents in Ho Chi Minh City and neighboring provinces can access high-quality healthcare services, while these hospitals can attract high-skilled medical workers. The plan will also help ease the overload at central-level hospitals in the southern metropolis. In 2021, Ho Chi Minh started work on these three hospitals with an … [Read more...] about Ho Chi Minh City to spend over $176mn on medical equipment at 3 hospitals

The Ho Chi Minh City People’s Council has approved a plan to revitalize the Municipal Theatre, also known as the Saigon Opera House, as the theater has fallen into a state of degradation. The renovation of the opera house, which is considered as one of the city’s iconic symbols, is estimated to cost VND337 billion (US$13.9 million). The repair is aimed at preserving the architectural values of the establishment to make it a further attractive destination for international tourists visiting the city and a venue for important festivals and events. Chau Huy Toan, who has worked at the opera house for 33 years, said he has witnessed the building undergo two renovations. The Saigon Opera House is situated at 7 Cong Truong Lam Son, Ben Nghe Ward, District 1, Ho Chi Minh City. The theater, developed over 123 years ago, is a popular destination for tourists to the city. In 1998, the city launched a large renovation of the theater and equipped it with modern sound … [Read more...] about Ho Chi Minh City to renovate downtown opera house

In Saigon, the lantern streets in District 5 have become a lively hub of activity half a month before the Mid-Autumn Festival, which peaks on September 29 this year. Families from all corners of Ho Chi Minh City converge on streets like Luong Nhu Hoc, Phu Dinh, and Lao Tu. Among these, Phu Dinh walking street takes the spotlight as the epicenter of lantern shopping. Phu Dinh and Luong Nhu Hoc streets are renowned for their wide assortment of traditional handmade lanterns. These lanterns, adorned with intricate designs ranging from boats to dragons, fish and butterflies, are predominantly crafted from red cellophane. LED lights have replaced traditional candles, enhancing safety while preserving durability. These enchanting lanterns vary in size, from modest 20-centimeter versions to creations exceeding 1 meter, with prices ranging from VND20,000 to VND500,000 (US$0.80 to $20). Rabbit and pig lanterns, housed in bamboo … [Read more...] about Mid-Autumn magic hits Vietnamese cities in pre-festival spirit

Young people try technologies at Intel Tech Camp 2023. The exhibition is organised in HCM City this weekend. — VNS Photo Thu Ngân A large technology and gaming exhibition, Intel Tech Camp 2023, opened in HCM City on Saturday, and is expected to welcome thousands of technology lovers over two days. Open until 9pm each day at Hoa Lư Stadium in District 1, Intel Tech Camp 2023 gathers 30 brands and agencies, bringing many advanced technologies and game devices to customers. Visiting the event, customers will enjoy many technology shows and seminars brought by Intel as well as other technology brands. Winning works from the Intel Creative Fest 2023, a competition for professional and amateur creators, are also displayed during the exhibition. This year, the competition attracted 3,500 creations. At the event, Intel also has an area for visitors to directly experience the Intel Unison application on laptops that meet Intel EVO standards. Launched by Intel in September last … [Read more...] about Intel Tech Camp 2023 opens in HCM City

Visitors view clothes made from recycled fabrics at the Vietnam Texfuture 2023 Fall Winter being held at the Thisky Hall convention centre in Thu Duc city from September 20 to 23. (Photo: VNA) HCM City (VNS/VNA) - Vietnam Texfuture 2023 Fall Winter, an international innovative fabric exhibition , opened in Ho Chi Minh City on September 20. It has the theme "Going recycling - Going circular,” and has attracted more than 15 brands and 200 Vietnamese and foreign exhibitors who are showcasing recycled, functional, natural, and synthetic fabrics, innovative technologies and solutions, textile accessories, eco-friendly fashion, and digital transformation solutions. The event also includes business matching activities, forums where industry experts will speak about new ideas to drive a more sustainable textile industry, and tours to leading garment and textile factories. Speaking at the opening ceremony, Tran Ngoc Liem, Director of the Vietnam Chamber of Commerce and … [Read more...] about Exhibition on innovative fabrics opens in HCM City