The three-day conference is being held by the International Air Transport Association (IATA) with Vietnam’s national flag carrier Vietnam Airlines acting as the host. Themed “Leadership in Action: Driving Safer and More Efficient Operations,” the event has brought together more than 800 delegates from airlines worldwide and international organizations in the aviation sector. Deputy PM Quang stressed that the Vietnamese Government has regarded the aviation sector as one of the economic engines that plays an important role in promoting trade and economic ties and tourism development. For his part, Minister of Transport Nguyen Van Thang briefed the participants on achievements reaped by the Vietnamese aviation sector, saying no commercial airplane accidents have been reported over the past 25 years, and all of the domestic airlines have received operational safety certificates from the IATA. Dang Ngoc Hoa, Chairman of the Board of Directors of Vietnam Airlines, highlighted the … [Read more...] about World Safety and Operations Conference kicks off in Hanoi
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Hanoi, Shenzhen eye partnerships in urban and public transport development
Hanoi's top priorities include the construction of ring roads, urban railway and satellite cities. China's coastal city of Shenzhen is willing to partner with Hanoi to promote decentralized relations in trade, investment, economic activities, 5G technology, new energy vehicles, and renewable energy, said Qin Weizhong, mayor of Shenzhen. Nguyen Manh Quyen, Vice Chairman of the Hanoi People's Committee (right), meets with Shenzhen Mayor Qin Weizhong this week. Photo: The Hanoi Times Shenzhen is China's third-largest economy after Beijing and Shanghai, with a GDP of US$500 billion by 2022, Mayor Qin said at a meeting with Hanoi People's Committee Vice Chairman Nguyen Manh Quyen this week. The city is also home to substantial development of large high-tech enterprises such as Huawei and Tencent, he said, adding that 11 of the world's top 500 companies are headquartered in the city. Among ASEAN countries, Vietnam is Shenzhen's largest trading partner, and … [Read more...] about Hanoi, Shenzhen eye partnerships in urban and public transport development
Vietnam-US semiconductor cooperation significant to bilateral relations
In the long term, US businesses and corporations may explore the feasibility of setting up semiconductor chip manufacturing facilities in Vietnam. The semiconductor industry offers great opportunities for cooperation between Vietnam and the US, carrying substantial implications for the bilateral relations in the new development phase . Overview of the meeting. Photos: Nhat Bac/VGP This view was shared at a meeting between Prime Minister Pham Minh Chinh and CEO of the Semiconductor Industry Association (SIA) John Neuffer, along with executives from US leading firms in the semiconductor industry on September 19 in Washington . Nguyen Chi Dung, Minister of Planning and Investment, said the meeting marks the next phase in the implementation of collaborative initiatives between US semiconductor organizations and businesses, joining forces with Vietnamese partners to create opportunities for market expansion and enhance Vietnam's capabilities in the … [Read more...] about Vietnam-US semiconductor cooperation significant to bilateral relations
Friendship, mutual trust drive Vietnam – Japan relations: Japanese Foreign Minister
She made the remark in a recent interview granted to the Vietnam News Agency on the occasion of the 50th anniversary of the two countries’ diplomatic ties (September 21, 1973 - 2023). She said that over the last 50 years, the countries have developed relations in all fields thanks to tireless efforts by predecessors. One of the most important milestones of bilateral ties, which are now in their prime, was the elevation of relations to the “extensive strategic partnership” in 2014. Since then, Japan and Vietnam have been building strategic connections in more areas, Kamikawa went on, adding that from focusing only on economic affairs like official development assistance (ODA) provision, bilateral cooperation has been fostered in such fields as security, energy, and human resources development in Vietnam, helping enhance mutual trust between the two countries. The official noted that in this year, which marks the 50th anniversary of their diplomatic ties, the two countries have … [Read more...] about Friendship, mutual trust drive Vietnam – Japan relations: Japanese Foreign Minister
Prime Minister calls on U.S. semiconductor firms to invest more in Vietnam
The event, part of his trip to attend the high-level week of the 78th United Nations General Assembly and bilateral activities in the U.S., was also attended by U.S. Ambassador to Vietnam Marc Knapper and President and CEO of the U.S.’s Semiconductor Industry Association (SIA) John Neuffer. The U.S. businesspeople spoke highly of the potential of the semiconductor industry in Vietnam, which boasts high-quality human resources and increasingly improved capacity of local enterprises and training establishments. They held that the two countries’ cooperation potential in this industry is substantial and highly meaningful for bilateral relations in the new period. Participants discussed investment opportunities in Vietnam and proposed cooperation measures for developing a semiconductor ecosystem in the country, with the U.S. being a strategic partner of leading importance. In the long term, they said, U.S. firms can consider the possibility of building chip factories in Vietnam. PM … [Read more...] about Prime Minister calls on U.S. semiconductor firms to invest more in Vietnam
Huawei unit ships Chinese-made surveillance chips in fresh comeback sign
The shipments to surveillance camera manufacturers from the company's HiSilicon chip design unit started this year, according to one of the sources, and a third source familiar with the industry supply chain. One of the sources briefed on the unit said at least some of the customers were Chinese. Huawei also unveiled new smartphones in recent weeks that use advanced chips, which analysts say are domestically made. The developments indicate the Chinese tech giant is overcoming Washington's export controls, which since 2019 have barred it from obtaining components and technology from U.S. firms without approval. "These surveillance chips are relatively easy to manufacture compared to smartphone processors," said the source familiar with the surveillance camera industry's supply chain, adding that HiSilicon's return would shake up the market. A key factor is that the company appears to have worked around U.S. restrictions on chip design software. Huawei in March announced it had … [Read more...] about Huawei unit ships Chinese-made surveillance chips in fresh comeback sign
Thailand’s ancient town of Si Thep added to world heritage list
The site in Phetchabun province - some 200 kilometers (120 miles) north of Bangkok - is Thailand's first cultural site to be recognized by UNESCO since 1992. Thai Prime Minister Srettha Thavisin thanked the UN cultural body for the decision but an expert warned the complex is not ready for an influx of tourists. Archaeologists date the statues and buildings of Si Thep, built by the Dvaravati civilisation, to between 1,500 and 1,700 years ago. At its peak the town was a thriving cultural and trading metropolis that celebrated Hindu and Buddhist beliefs. The decision was announced by UNESCO at a meeting in Riyadh, and in a prepared video message, Srettha thanked delegates for the listing. Si Thep was "a treasure not only for people all over the world, but for people of all generations," he said. "I look forward to welcoming you all to the site." Phatcharavat Wongsuwan, minister of natural resources and environment, said it was a "proud moment" for his country. Speaking at … [Read more...] about Thailand’s ancient town of Si Thep added to world heritage list
Chip giant Synopsys to help Vietnam develop semiconductor industry
The signing took place on Sept. 18 (U.S. time) at the headquarters of Synopsys in San Francisco, California, under the witness of Prime Minister Pham Minh Chinh during his working trip. The memorandum states that Synopsys will support the Department of Information Technology and Communications Industry in creating a plan to establish a semiconductor research center. Synopsys’ technology is set to be used as samples and prototypes for semiconductor production. Nguyen Thien Nghia, deputy head of the department, said that the partnership with Synopsys allows Vietnamese engineers to be trained by one of the best chip designers in the world. Robert Li, head of sales and customer success group serving Taiwan, Southeast Asia, and India, said that his company is committed to helping Vietnam expand human resources in designing and manufacturing semiconductors. The company also signed a memorandum with the National Innovation Center under the Ministry of Planning and Investment to … [Read more...] about Chip giant Synopsys to help Vietnam develop semiconductor industry
VN-Index posts biggest gain in 6 sessions
It closed 14.6 points higher after losing 0.3 points Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, dropped 12.7% to VND20.37 trillion ($837.93 million). The VN30 basket, comprising the 30 largest capped stocks, saw 22 tickers rose. GVR of Vietnam Rubber Group led with a 3.6% increase, followed by VIC of private conglomerate Vingroup, up 3.5%. BCM of Becamex Investment and Industrial Development rose 2.9% and VHM of property giant Vinhomes closed 2.7% higher. Six blue chips fell. SSB of Southeast Asia Commercial Bank (SeABank) dropped 1.1% and GAS of state-owned Petrovietnam Gas lost 0.9%. Foreign investors were net sellers for the third straigt session to the tune of VND226 billion, mainly selling HPG of steelmaker Hoa Phat Group and MWG of electronics retail chain Mobile World. The HNX-Index for stocks on the Hanoi Stock Exchange, home to mid and small caps, rose 1.84% while the UPCoM-Index for the Unlisted Public Companies … [Read more...] about VN-Index posts biggest gain in 6 sessions
100 trees felled, roofs blown off in Saigon thunderstorms
A representative of the HCMC Greenery Parks company on Wednesday said around 100 trees up to 15 m high on numerous streets of districts 5, 7, 8 and Nha Be were uprooted amid thunderstorms on Tuesday. An uprooted tree lies across a street in HCMC's District 5 on September 19, 2023. Photo by VnExpress The felled trees damaged three motorbikes and a car in District 7, as well as several power and telecommunication lines, disrupting communication and traffic. The Binh Minh golf course in Nha Be District received especially severe damage when 11 metal poles were felled by the winds. Each of the pole costs around VND100 million ($4,115) to be installed. Several metal poles at a golf course in HCMC were felled by strong winds, September 20, 2023. Photo by VnExpress/Dinh Van There were no casualties, and the owner of the course has contacted authorities to help with cleaning it up, as well as shuting down the course as the damages incurred were too great. … [Read more...] about 100 trees felled, roofs blown off in Saigon thunderstorms