Vietnam’s production rises at fastest pace since Nov 2018 People work at an auto plant. The improvement in Vietnam’s manufacturing sector in April 2021 was the strongest since November 2018 - PHOTO: VNA New orders rose at a sharper rate, with firms responding by upping their rate of job creation and ramping up purchasing. Input costs continued to rise sharply, leading to the fastest increase in selling prices in nearly a decade. Meanwhile, there were some signs that supply-chain disruption had started to ease during the month. The Vietnam Manufacturing Purchasing Managers' Index (PMI) increased for the third straight month, posting 54.7 in April following a reading of 53.6 in March. The manufacturing sector was boosted in April by signs that customers were willing to commit to larger orders than they previously did, given the general improvement in demand and control of the Covid-19 pandemic. The total new orders increased for the eighth straight month running and at the fastest pace in close to two and a half years. New export orders also continued to rise amid an improving international demand climate. Higher new orders led to a similarly-sized expansion of manufacturing output, with production also up at the fastest pace since November 2018. Companies boosted production by increasing workforce numbers. Staffing levels were expanded for the third month running and to the greatest extent since December 2018. This increased capacity, however, was not sufficient to prevent a first rise in backlogs of work in 15 months due to the strength of new order growth. Besides raising staffing levels, firms also posted a sharp and accelerated expansion of purchasing activity. Respondents indicated that the increase in input buying was both in response to higher new orders and as part of efforts to build reserves to support production growth in the months ahead. Efforts to expand inventory holdings were generally successful in April, with both …
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Hanoi stands ready for new capital inflows from Japan: Party official
Hanoi is an essential part in Vietnam – Japan relations, partly due to a growing number of Japanese nationals and enterprises in the city, said the Japanese ambassador to Vietnam. Hanoi stands ready for a new wave of capital inflows, especially from Japan, as countries around the world are diversifying supply and value chains, according to Secretary of the Hanoi Party Committee Vuong Dinh Hue. Secretary of Hanoi Party Committee Vuong Dinh Hue (l) and Japan’s Ambassador to Vietnam Yamada Takio. Hanoi would continue to address issues related to foreign-invested projects, including those of Japanese investors, Hue said at a meeting with newly-appointed Japanese Ambassador to Vietnam Yamada Takio on May 26. The municipal Party chief suggested the strong comprehensive partnership between Vietnam and Japan is laying a solid foundation for localities from the two countries to strengthen cooperation in various fields. Hue said Hanoi gives strong priority to cooperation with Japan’s prefectures and cities, noting that Japan is currently Hanoi’s largest investor and donor of official development assistance (ODA). While trade and tourism are major pillars in cooperation between Hanoi and Japan, Hue suggested the latter to continue providing ODA for the capital city’s major infrastructure projects. Hanoi stands ready for new capital inflows from Japan. According to Hue, Hanoi has effectively contained the Covid-19 pandemic, and targets an economic expansion rate at 1.3 times higher than the national average. Hue invited Takio to attend Hanoi’s investment promotion conference, scheduled to take place by the end of June. For his part, Japanese Ambassador to Vietnam Takio said Hanoi is an essential part in the Vietnam-Japan relations, not only because of the its status as the capital city, but also the growing number of Japanese citizens and enterprises in the city. Takio expected Hanoi’s early control of the pandemic …
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Bun Cha – the characteristic dish of Hanoi cuisine
There are many varieties of bun cha across Vietnam, but the Hanoi version is still held in high esteem. Bun cha has received worldwide recognition after it’s featured on the show Parts Unknown, in which former US President Barack Obama and the host Anthony Bourdain enjoyed this dish together. What’s so special about this dish? Let’s find out! Bun Cha (grilled pork with rice noodles) is an exquisite dish that’s intricately linked to Hanoi, where it originated. There are three components to this dish: a bowl of grilled thinly sliced pork belly and/or minced pork patties served in light dipping sauce with pickled veggies, a plate of rice noodles, along with a basket of fresh herbs such as perilla leaves, coriander, and lettuce. There are many varieties of bun cha across Vietnam, but the Hanoi version is still held in high esteem. And although not much is known about how and when it was invented, bun cha has been referred to multiple times in literature. In Hanoi: 36 Pho Phuong (Hanoi: 36 Streets and Guilds), a book that showcases the variety of Hanoi cuisine, writer Thach Lam acclaims: “It’s just the same kind of Bun Cha , with the same kinds of vegetables and rice noodles. So why is Hanoi’s Bun Cha so scrumptious and delicious, from the fragrance to the sauce.” The essence of Hanoi’s cuisine relies on delicacy and elegance. Compared to other regions like Ho Chi Minh City (HCMC), where tend to use a lot of strong and sweet flavors, foods in Hanoi are simpler, more rustic, but are imbued with sophistication. Bun Cha consists of four main components - grilled meat, rice noodles, dipping sauce, and veggies. Photo: Thuy An Of course, Bun Cha is not an exception. The sliced pork and pork patties are well-marinated with a variety of spices such as fish sauce, liquid caramel and garlic. The longer the marinating period, the more pronounced the flavor becomes. Afterward, the meat is grilled over hot charcoal until it turns into a …
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