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The showroom, which will replace its old location in Truong Chinh street, will be the most advanced showroom and the first MAR 2020 facility in Ho Chi Minh City. John White, CEO at Vietnam Star Automobile, said that OfficeHaus renders the perfect space and location to cater to the auto company in the Vietnamese market. Vietnam Star Automobile is a division of LSH Auto International − the largest Mercedes-Benz retail dealer group in the world. “We have a couple of criteria in choosing the best location. Aside from being accessible, OfficeHaus sits next door to Vietnam’s largest Aeon Mall, bringing a demographic that is consistent with the Mercedes brand. The property also meets the quality standards of our brand,” said White. OfficeHaus, one of the most highly anticipated additions to Vietnam’s premium commercial real estate, will open its doors in quarter 4 this year. It will deliver a holistic working experience as part of a world-class 82-hectare integrated residential, … [Read more...] about Mercedes-Benz Vietnam set to open new showroom in OfficeHaus

Anil Wadhwani is a global financial services leader with more than 30 years of experience – predominantly in Asia – combining a strategic vision and execution in some of the world’s biggest companies. He has a wealth of experience as a customer-centric leader with a strong track record of creating and driving a culture of success. Wadhwani also has significant and proven digital experience, having driven the modernisation of tech platforms across 13 markets in Asia in his previous role. Prudential Plc. has named Anil Wadhwani as the new Group CEO Prior to that, he spent 25 years with Citi Group in Asia-Pacific, Europe, the Middle East, Africa, and the US in a number of financial services roles. Wadhwani was born in 1968, educated in Mumbai, and has worked in Mumbai, Singapore, London, New York, and most recently for nearly five years in Hong Kong. He will take up the new role in February, subject to regulatory approval, and will be based in Hong Kong – where he currently … [Read more...] about Prudential Plc. names Anil Wadhwani as new Group CEO

Love is in the air at sporting tournament Disabled fans show support for Games Passion and pride: see you next Games Finswimmers set new heights at Games Coaches play mind games ahead of football final Nguyễn Linh Na holds the flag high after claiming gold in the SEA Games. — VNA/VNS Photo Quốc Khánh Thanh Nga After 17 years of waiting, Nguyễn Linh Na has helped Vietnamese athletics claim their first SEA Games gold medal in the heptathlon. Attending the region's biggest sports event for the first time, Na caused an upset when she won the gold medal in the women's heptathlon with 5,415 points, breaking Vietnamese Nguyễn Thị Thu Cúc’s 17-year national record of 5,350 points in the process. This was also the first time since 2005 that Vietnamese athletics won gold in this category in the regional Games. Na's achievement is even more special as just two years ago, she intended to retire because of a necrosis injury. "I think playing one sport is … [Read more...] about Na overcomes all challenges to win heptathlon gold

The AFD and EU have been actively supporting Vietnam in the areas of climate change mitigation and adaptation. Vietnam will receive financial aid from the EU and the Agence Française de Développement (AFD) to reduce the vulnerability to climate hazards in several towns in four northern and central provinces. The project is jointly co-financed with a EUR5 million (US$5.36 million) grant from the EU, a EUR123 million ($132 million) ODA loan from the AFD, and EUR 28 million ($30 million) from provincial budgets. The principal goal is to help localities adapt to climate change and recover from natural disasters such as flooding, typhoons, and drought. Delegates attend the launching ceremony. Photo: the Embassy of France in Vietnam The regional towns include Phat Diem in the northern province of Ninh Binh, Ngoc Lac in the central province of Thanh Hoa, and Hoang Mai in the central province of Nghe An, Huong Khe, and Thach Ha in the central province of Ha Tinh. … [Read more...] about AFD, EU strengthen urban climate resilience in Vietnam

That is the statement of Le Quoc Thinh, Director of Cuc Phuong Tourism Services Joint Stock Company (Vedana Resort) when introducing events aiming at promoting Cuc Phuong and Ninh Binh tourism after a long period of shutdown due to COVID-19. According to Chairman of Nho Quan district People’s Committee Hoang Khac Tiep, “Nho Quan is endowed with many historical relics and landmarks such as Van Trinh cave, Yen Quang lake, Dong Chuong lake, Cuc Phuong hot mineral water.” In particular, with the natural reserve area and new-stone-age cultural relics, Cuc Phuong National Park has received the title of Asia's leading national park for two consecutive years (2019, 2020) rated by World Travel Awards. It is worth mentioning that Nho Quan has nearly 30,000 ethnic people living in Muong villages. The strategy set by the district is to exploit existing indigenous cultural elements to combine with the trend of ecotourism, which is thriving in Ninh Binh province. Tourists have opportunities to … [Read more...] about Green Tourism – An ideal way to spread Muong ethnic culture

Asian markets track Wall St higher, tech fuels Hong Kong rally- illustration photo source: freepik.com The positive mood put the region on course to end the week on a healthy note, and came after Federal Reserve minutes indicated the US central bank could take a breather in hiking interest rates if inflation shows signs of easing later in the year. Still, confidence on trading floors remains at a premium owing to a range of crises including soaring prices, tighter monetary policy, China's Covid-19 lockdowns and the war in Ukraine. Investors were in a buying mood Friday as Hong Kong jumped more than two percent, with market heavyweight Alibaba piling on more than 11 percent and search engine Baidu advancing 15 percent. The two firms posted better-than-expected sales growth in the January-March quarter, soothing fears about the impact of Covid and inflation on their bottom lines. Hong Kong's tech index jumped nearly three percent, with other giants also enjoying buying … [Read more...] about Asian markets track Wall St higher, tech fuels Hong Kong rally

The administration of Binh Duong province, in collaboration with the Vietnamese Consulate General in Sydney and Becamex IDC Corporation, organized an investment promotion seminar in Sydney on May 27. Binh Duong promotes investment opportunities in Australia. (Photo: baobinhduong.vn) In his remarks, Consul General Nguyen Dang Thang introduced to Australian officials and businesses the potential for expanding trade and investment in Vietnam, affirming that the two countries have treasured a close relationship in various fields, including politics, diplomacy, trade and investment. Despite the impact of the COVID-19 pandemic, he said, two-way trade turnover between Vietnam and Australia reached a record high of more than US$12.4 billion in 2021, a year-on-year rise of 49.45%. The first four months of this year alone also saw bilateral trade grow impressively, reaching US$4.8 billion, up 32.37% compared to the same period of last year. With regard to investment, as … [Read more...] about Vietnam seeks Australian investment opportunities in Sydney

The agreement was reached during Prime Minister Pham Minh Chinh’s official visit to the U.S. and United Nations for the ASEAN-U.S. Special Summit held in Washington D.C. Vietjet’s contract with Boeing is one of the significant deals contributing to the countries’ bilateral trade balance and has been forged through three U.S. Presidencies with important strides following diplomatic and economic development milestones between the two countries in the recent years. In 2016, Vietjet Air ordered 100 Boeing aircraft in the witness of U.S. President Barack Obama during his visit to Vietnam. The deal gained global attention on the impressive innovation of Vietnam’s economy as it was the first time a private airline entered such a huge order with Boeing. The sides agreed to add a total to 200 airplanes three years later. This year, Vietjet and Boeing have agreed on the continuation of the agreement after a hiatus due to unexpected events with the Boeing 737 Max and the COVID-19 … [Read more...] about Vietjet, Boeing reach agreement on 200-aircraft contract

The US-protected patents would ensure the firm’s success in the international market. Two new inventions of Viettel Aerospace Institute were granted patents in the US, the Viettel Military Industry and Telecoms Group announced on May 26. The exclusive protection has been granted by the United States Patent and Trademark Office (USPTO) for Viettel’s two inventions in the fields of optoelectronics and materials science. The first is a curved mirror optical system for medium wave thermal imaging devices that was created in 2017, addressing the issue of designing and manufacturing camera cores, thereby minimizing import. The second patent was granted to a method to manufacture composite materials that can withstand high temperatures and harsh conditions for military use. Viettel's engineers are doing research into technology solutions. Photo: Minh Tu Viettel has so far been granted 56 patents in Vietnam and 11 others in the US. According to the … [Read more...] about Vietnamese enterprise receives US exclusive protection for two patents

Visitors at the three-day (May 26-28) Smart City Asia 2022 expo being held in HCM City. — VNS Photo Bồ Xuân Hiệp HCM CITY — The newly established Thủ Đức City should strive to become an innovation hub that will attract investments as well as a talented workforce from around the world, officials and experts said at a seminar on Friday. Dương Anh Đức, vice chairman of HCM City People’s Committee, said the city was developing a master plan for Thủ Đức City until 2040, including strategies to create a knowledge-based economy with a highly skilled workforce. It is also developing a centralised database on land use, transportation, canals and other public works in Thủ Đức, he added. Hoàng Tùng, chairman of the Thủ Đức City People’s Committee, said it should be given greater decision making and policy making autonomy to grow its innovation capacity and become more competitive. Nguyễn Thị Đoan Trang, head of Thủ Đức Urban Management Department, said it would be developed … [Read more...] about Innovation hub at the heart of Thủ Đức smart city plan