Shipbuilding industry corporation

In 2022, industry revenue exceeded US$25 billion, an increase of 5.7% year-over-year. The 11th Hanoi International Plastics, Rubber, Printing and Packaging Industry Exhibition (HanoiPlasPrintPack), considered a platform to promote the development of the local plastics industry, is underway at the Hanoi International Exhibition Center (ICE) from June 8 to 11. Overview of the event. Photo: VGP The annual Hanoi PlasPrintPack Fair, jointly organized by the Ministry of Industry and Trade and Yorkers Exhibition Service Vietnam, has returned after a long hiatus due to the Covid-19 pandemic. Building on the success of Vietnamplas, held annually in Ho Chi Minh City and is the largest plastics industry exhibition in Vietnam, this event has attracted numerous domestic and international companies. With over 340 booths representing 220 companies from countries such as Belgium, China, Hong Kong (China), India, Indonesia, Japan, Malaysia, the Philippines, Taiwan … [Read more...] about HanoiPlasPrintPack Exhibition launched to boost local plastic industry development

In the first quarter the industrial property occupancy rate in the south declined by 8 percentage points year-on-year, according to real estate consultancy Cushman & Wakefield. The rates declined by 11 and 9 percentage points for ready-built factories and warehouses, it added. Another consultancy, JLL, said there are signs that the southern industrial property market is going into a short-term low demand period since exports are down. The Vietnam Association of Realtors (VARS) said the market is suffering due to delays in clearing lands for many projects. The lack of accommodation for workers at industrial zones is also a weak spot, it added. With dwindling global economic prospects, foreign investors are keeping away. In the first five months of 2023 foreign direct investment pledge in Vietnam was 7% lower at $10.86 billion. VARS said it is vital that investors are aware of the government’s policies to be able to invest optimally. Industrial land development … [Read more...] about Industrial property market slumps on economic woes

This collaboration aims to provide UOB Vietnam’s cardholders and Vietnam Airlines' Lotusmiles members with great travel benefits and access to exclusive offers and privileges. As the bank with the largest ASEAN consumer footprint and the top card issuer in the region, UOB aims to do right by customers wherever they are by offering deals and rewards for every lifestyle and life stage. The bank has continuously expanded its partnership ecosystem with established brands to offer its customers the very best deals that align with their preferences and desires. In Vietnam, UOB has a strong focus on establishing partnerships with industry leaders across key sectors such as travel, dining, and retail, which include Lazada, Shopee, Starbucks, CGV, Be, GrabFood, and top-notch restaurants to provide customers with the best deals and offers. Paul Kim, head of Personal Financial Services at UOB Vietnam shared, “Our partnership with Vietnam Airlines marks another milestone for us … [Read more...] about UOB Vietnam forms strategic partnership with Vietnam Airlines

An overview of the reception (Photo: VNA) HCM City (VNA) - Vice Chairman of the Ho Chi Minh City People's Committee Vo Van Hoan received the Federation of Hong Kong Industries (FHKI) delegation led by FHKI Chairman Sunny Chai on May 30. Informing the guests on the city’s socio-economic situation, Hoan said that as HCM Minh City orients to become a smart city, it is paying attention to developing digital economy, green economy, and digital governance. Therefore, the city welcomes the FHKI's concerns in the fields of information technology (IT), logistics, green transformation and digital economy. Ho Chi Minh City pledges to create favourable conditions to connect the two sides’ businesses, and is willing to welcome Hong Kong enterprises to come to seek investment opportunities in the city. Briefing the HCM City leader on the history of formation and development of the FHKI, Sunny Chai said that the federation’s firms are operating in various fields, including … [Read more...] about HCM City boosts cooperation with Hong Kong enterprises

New Zealand apple and kiwi companies showcase their fresh fruits at the Made With Care launch event held in HCM City on June 8. — VNS Photo New Zealand Trade and Enterprise, the government’s international business development agency, on Thursday kickstarted its 2023 Made With Care Campaign to reinforce the strong trade relations between New Zealand and Viet Nam. The campaign provides a platform for New Zealand brands to introduce their products to local retailers. Speaking at the launch, Tredene Dobson, New Zealand’s ambassador to Viet Nam, said: “The food and beverages sector is a particular success story in our trade relationship with Viet Nam, making up the majority of exports, [worth] a total of NZ$798 million … last year. “This event is a fantastic chance to expand the brand value of New Zealand’s outstanding, great-tasting and healthy food and beverage products to the Vietnamese market, and further boost the collaboration between New Zealand and Vietnamese partners in … [Read more...] about New Zealand companies showcase apple, kiwi in HCM City

At a reception for Mizushima Kozo, President of the Japanese Chamber of Commerce and Industry in Ho Chi Minh City (JCCH), and a delegation of Japanese businesses, Hoan said the city always supports the chamber’s operation, and stands ready to remove obstacles facing Japanese firms, and listen to their proposals during its construction and development. He noted that the increasing number of the JCCH’s members reflects the close coordination between local authorities and Japanese enterprises, as well as the attractiveness of the local investment environment. The official used the occasion to thank Japanese businesses for their contributions to the city’s development, especially in COVID-19 prevention and control and post-pandemic economic recovery and development. Hoan suggested the JCCH step up connectivity activities with local businesses to exchange information and seek cooperation opportunities in such areas as goods supply chain and high-quality personnel training, while … [Read more...] about Ho Chi Minh City seeks stronger cooperation between local firms and Japanese counterparts

In a directive released Thursday on electricity saving, he warns that the power situation is challenging now and will remain so in the coming years with demand increasing. Economical and efficient use of electricity is the solution to ensuring energy security, the directive says. People should use energy-efficient electrical equipment, switch off electrical devices when leaving the room, only use air conditioners when absolutely necessary but setting them at not less than 26 degrees Celsius. People should avoid using incandescent light bulbs and install rooftop solar power systems. The country should reduce electricity use by 2% a year and power losses in transmission lines to less than 6% by 2025. By 2030 at least 50% of all office and residential buildings should use rooftop solar power. Only LED bulbs should be used in street lights by 2025. To achieve the goals, government agencies must coordinate with local power companies to develop electricity saving plans and … [Read more...] about Vietnam PM exhorts nation to save power

Gwendal Poulllennec, International director of the Michelin Guide said, "The first selection in Hanoi and Ho Chi Minh City highlights the differences and variety in what these two cities have to offer. Hanoi, the capital of Vietnam, offers a very laid back and relax vibe with small shops and restaurants found mostly in the old quarter. Traditional Vietnamese cuisine with Northern flavour is prevalent in this city, with a clear presentation of natural flavour, enhanced with different types of spices and herbs for complexity. Ho Chi Minh City on the other hand, offers and rapidly-growing city that has a unique energy for all travelers and a diverse variety of cuisine.” “This is just the beginning of the Michelin Guide's journey in Vietnam, and our inspectors have been more than pleased to have discovered many gastronomic spots in Hanoi and Ho Chi Minh City, and I am sure many more in the coming years." Bia Saigon, a well-established local brand deeply rooted in … [Read more...] about Bia Saigon sponsors Michelin Guide elevating reputation of Vietnamese brands

Maybe it’s a sure sign of getting old, but in my mind, the year 1999 doesn’t seem that far back. I was working in Liverpool, England, as Chief Reporter for the evening newspaper, and I’d get my kicks on the train journey into the office by playing ‘snake’ on my latest Nokia phone. Manchester United’s Ole Gunnar Solskjaer celebrates scoring the winning goal in the 1999 Champions League final - Photo AFP Photo The Millennium Bug was all everyone was talking about, and there was a genuine concern that at the stroke of midnight on December 31, 1999, the world was likely to implode. FYI – it never. The fabulous Prince song, 1999, released bizarrely in 1982, was, for obvious reasons, played constantly on the radio, and people actually listened to radios. Vauxhall had just brought out their new and improved version of the Vectra and the euro currency was launched with England saying a firm ‘thanks but no thanks’. In June of 1999, Manchester United manager Alex … [Read more...] about City can party like it’s 1999

A tourist at Tien Cave in Lao Cai Province - Photo 52hz.vn Tien Cave is one of the beautiful landscapes in the country and attracts many tourists to Lao Cai Province. The cave has a wild beauty with many beautiful and studding stalactites. With a white sandy beach and crystal clear water, the scenic cave is an ideal resting place among the mountains on summer days. The path leading to the cave in Coc Ly Commune, Bac Ha District is a small flow of the Chay River, originating from stream branches in the northwest of Hà Giang Province. On a boat trip on the stream leading to Tien Cave - Photo traveloka.com The Chay River coming here seems to be constricted to form a deep river, bringing a gentle look, weaving between the two steep cliffs. The two sides are primeval forests, covering the whole landscape with a cool, fresh climate. To reach this place, we went through Bao Nhai Commune and then took a boat upstream on the Chay River for nearly an hour. During the … [Read more...] about Discovering Tien Cave in Lao Cai