Chips made by Samsung Electronics. — YONHAP/VNA Photo A global semiconductor webinar, which is organised by Mavek, an investment bank, and SAP, will be launched on June 8. The webinar titled “Taiwan, Japan, & South Korea — Where do they head?” will give an overview on the Taiwanese, Japanese, and South Korean governments’ diplomatic efforts, which have been playing a major role in the global semiconductor supply chain amid the US-China tension. Discussions will include topics such as the status, trends, and strategies of the semiconductor industry and companies of each party. Managing Partner of Mavek, James Khoo, said that: “The relocation of the semiconductor global supply chain is happening already, and Viet Nam is gaining from global semiconductor players." "As the Vietnamese government makes significant efforts to attract foreign investment, I believe it will not be a short-lived trend. We’ve invited only the best experts, hoping to provide insights to … [Read more...] about Invitation for 3rd webinar on global semiconductor industry in June
Taiwan japan industrial collaboration promotion office
Ha Noi supports industrial development
The 2022 Ha Noi Supporting Industry Fair. — VNA/VNS Photo In order to achieve the target of industrial development to reach 7-7.5 per cent this year, the capital city of Ha Noi has been implementing a series of solutions to support industrial enterprises in the locality. Data from the Ha Noi Statistics Office showed that the industrial production index (IIP) is estimated to grow by 3.3 per cent last month over the previous month and by 3.6 per cent over the same period last year. The index in the first four months of this year rose by 1.6 per cent over the same period last year. The labour utilisation index of industrial enterprises in the first four months of the year fell by 3.6 per cent over the same period last year. The city had 2,900 newly-registered enterprises last month, a year-on-year increase of 15 per cent. The city had 10,300 newly-registered enterprises in the first four months, up 13 per cent year-on-year. Talking about the 1.6 per cent growth of … [Read more...] about Ha Noi supports industrial development
Capital city fosters industrial development
The 2022 Hanoi Supporting Industry Fair. (Photo: VNA) Hanoi (VNS/VNA) - In order to achieve the target of industrial growth of 7-7.5% this year, Hanoi has been implementing a series of solutions to support industrial enterprises in the capital city. Data from the Hanoi Statistics Office showed that the industrial production index (IIP) is estimated to grow by 3.3% last month over the previous month and by 3.6% over the same period last year. The index in the first four months of 2023 rose by 1.6% over the same period last year. The labour utilisation index of industrial enterprises in the first four months of the year fell by 3.6% over the same period last year. The city had 2,900 newly-registered enterprises last month, a year-on-year increase of 15%, raising the figure in the first four months to 10,300, up 13% from the same period last year. Talking about the 1.6% growth of industrial production, Acting Director of Hanoi’s Department of Industry and Trade … [Read more...] about Capital city fosters industrial development
Vietnam, Japan ink ODA deals worth US$442 million
Japan is now the largest ODA partner to Vietnam. Vietnam and Japan on May 21 signed three agreements worth 61 billion yen (US$442 million) to finance official development assistance (ODA) projects in Vietnam. The meeting between Prime Minister Pham Minh Chinh and his Japanese counterpart Kishida Fumio on May 21. Photo: VGP The ODA projects aimed at socio-economic development and recovery in the post-pandemic stage, worth 50 billion yen (US$362.4 million), development of public transport in the southern province of Binh Duong, and development of agricultural facilities in Tay Nguyen (Central Highlands) province of Lam Dong. At the signing ceremony, Vietnamese and Japanese prime ministers agreed to discuss the potential of new-generation Japan-funded ODA projects. Accordingly, Vietnam will receive flexible concessional loans with more incentives to serve the nation’s mass infrastructure development projects in urban railroad construction, green … [Read more...] about Vietnam, Japan ink ODA deals worth US$442 million
PM’s trip to Japan, attendance at expanded G7 summit a success: Foreign Minister
Prime Minister Pham Minh Chinh and heads of delegations at the expanded G7 Summit in Hiroshima, Japan. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh’s freshly ended trip for attendance at the expanded Summit of the Group of Seven (G7) and a working visit to Japan was a success in both bilateral and multilateral aspects, Minister of Foreign Affairs Bui Thanh Son told the media following the visit. According to FM Son, during nearly three days in Japan, PM Chinh chaired and attended about 40 activities, including working sessions and meetings with Japanese leaders as well as circles, businesses, friends in Japan, along with leaders of countries and international organisations. Multilaterally, Vietnam contributed to the G7's expanded summit approaches and important solutions from the perspective of a developing country, aiming to promote industrialisation, modernisation and extensive and comprehensive international integration, the minister said. At the working … [Read more...] about PM’s trip to Japan, attendance at expanded G7 summit a success: Foreign Minister
Vietnam, Japan sign new-generation ODA deals worth over $440mn
Vietnam and Japan on Sunday jointly inked three agreements, valued at 61 billion yen (US$442.5 million), to fund new-generation official development assistance (ODA) projects in Vietnam. Of the total, 50 billion yen ($362 million) will be poured into a new-generation ODA program on post-pandemic socio-economic recovery and development. The rest will finance a project improving the public transportation system in southern Binh Duong Province and another one enhancing the infrastructure system for agricultural development in the Central Highlands province of Lam Dong. The signing of these ODA deals was witnessed by Vietnamese Prime Minister Pham Minh Chinh and his Japanese counterpart Kishida Fumio during the former’s trip to Japan for attending an expanded summit of Group of Seven (G7) nations, which took place from May 19 to 21. After the signing ceremony for the agreements, PM Chinh held talks with his Japanese counterpart. This is the first Vietnam-Japan high-level … [Read more...] about Vietnam, Japan sign new-generation ODA deals worth over $440mn
Japan intensifies infrastructure focus
Japan intensifies infrastructure focus, illustration photo: Le Toan During Prime Minister Pham Minh Chinh’s bilateral meeting with Japanese counterpart Kishida Fumio in Japan over a week ago, the two nations inked three agreements in which the latter will provide the former with a new official development assistance (ODA) sum worth ¥61 billion (about $500 million). The money will be used on projects for general post-pandemic socioeconomic recovery and development, improving traffic infrastructure in the southern province of Binh Duong, and ameliorating agricultural development infrastructure in the Central Highlands province of Lam Dong. “Both leaders have also agreed on the possibility that Japan will provide new-generation ODA for Vietnam with high priorities and simpler and more flexible procedures than before to carry out large-scale strategic infrastructure projects such as the North-South Expressway, urban railways, green transformation, and medicine,” said Minister of … [Read more...] about Japan intensifies infrastructure focus
Canada’s British Columbia opens new trade and investment office in Vietnam
Canada's westernmost province of British Columbia has opened a new trade and investment office in Vietnam as part of a new international trade strategy to provide more jobs and opportunities for B.C. and Vietnamese businesses to work together. The Trade and Investment Representative Office opened in Ho Chi Minh City to assist B.C. businesses with better access to the Vietnamese market and promote B.C. origin exports. “The global economy has drastically shifted over the last few years and the pandemic and global uncertainties have shown us the impacts they can have on our economies and supply chains, and the importance of strengthening our international partnerships,” B.C.’s Minister of State for Trade Jagrup Brar said at a ceremony held to announce the office’s opening in Ho Chi Minh City on Thursday evening. “Strengthening our relationships with global partners -- like Vietnam -- is so important. “B.C. and Vietnam have benefited from trade across a variety of sectors and we … [Read more...] about Canada’s British Columbia opens new trade and investment office in Vietnam
Prime Minister’s trip to Japan, attendance at G7 expanded Summit a success: Foreign Minister
According to FM Son, during nearly three days in Japan, Prime Minister Pham Minh Chinh chaired and attended about 40 activities, including working sessions and meetings with Japanese leaders as well as circles, businesses, friends in Japan, along with leaders of countries and international organizations. Multilaterally, Vietnam contributed to the G7's expanded Summit approaches and important solutions from the perspective of a developing country, aiming to promote industrialization, modernization and extensive and comprehensive international integration, the minister said. At the working sessions, Prime Minister Pham Minh Chinh highlighted many important messages, including promoting a more substantive and effective global partnership, upholding international solidarity, and persevering with multilateral cooperation in order to solve unprecedented challenges currently. The Prime Minister also stressed that sustainable development, climate change response, emission reduction and … [Read more...] about Prime Minister’s trip to Japan, attendance at G7 expanded Summit a success: Foreign Minister
Bình Duong hosts electricity, industrial machinery, water, energy expos
Visitors at the Electricity, Industrial Machinery and Automation; Water Vietnam; and Energy Vietnam expos that opened in Binh Duong New City on Wednesday. — Photo courtesy of Kapa Corp Three international exhibitions, Electricity, Industrial Machinery and Automation; Water Vietnam; and Energy Vietnam opened at the World Trade Center Binh Duong New City on Wednesday. They have attract 200 enterprises from Viet Nam, France, Germany, Spain, Turkey, the US, China, Taiwan (China), the Republic of Korea, Japan, and China. Speaking at the opening ceremony, Phan Thi Khanh Duyen, deputy director of the province Department of Industry and Trade, said the event is a platform for local enterprises to enhance B2B activities and link up with foreign counterparts. On show at more than 250 booths are advanced equipment, technologies and products. A series of conferences and B2B events are scheduled on the sidelines of the three-day expos. The events are meant to help enterprises get the … [Read more...] about Bình Duong hosts electricity, industrial machinery, water, energy expos