Why carmakers are racing to go digital

Activities and programs honoring the International Children's Day (June 1) are taking place across Ho Chi Minh City from Thursday through the weekend. Among the activities being held to celebrate the occasion are a book garden program at the zoo, a southern fruit festival at Suoi Tien Theme Park in Thu Duc City, and several theatrical performances. Fees waived for children at Saigon Zoo and Botanical Gardens In honor of the International Children's Day, the Saigon Zoo and Botanical Gardens in downtown Ho Chi Minh City allows children under 1.3 meters tall to enter and participate in activities free of charge. The zoo has also opened a book garden so that children can enjoy an outdoor reading space surrounded by over 1,000 children’s books. Free admission is offered to kids under 1.3 meters tall at the Saigon Zoo and Botanical Gardens in Ho Chi Minh City on the International Children's Day , June 1, 2023. Photo: Bach Nam / Tuoi Tre Students … [Read more...] about Ho Chi Minh City celebrates International Children’s Day

Both the governing side and the political opposition must do their best and, at most, prevent being seen in the eyes and minds of US voters. At the end of their common race against the time, US President Joe Biden and House Speaker Kevin McCarthy from the Republican Party finally, and still just in time, reached the final agreement on a deal to raise the nation's debt ceiling, thus, according to Joe Biden, preventing "the worst possible crisis, a default, for the first time in the US's history," because it takes "the threat of a catastrophic default off the table." Their deal now would be sent to be passed by the House. Biden and McCarthy in Washington on March 17. Photo: AP This news was both new and nothing new. Since 1917, when the US Congress enacted the original debt ceiling legislation, the federal government and the House have crashed 102 times on the issue of increasing limits on the national debt, among them 72 times only since 1960. But … [Read more...] about Avoiding catastrophe, awaiting anxieties

The Southeast Asian country holds tremendous potential to be a global trading hub. Vietnam is likely to earn US$618 billion in exports by 2030, with an annual growth rate of 7%, according to Standard Chartered. "Vietnam will be a key driver of this global trade growth, outpacing the global average of 5% by a significant two percentage points," said the research report titled "Future of Trade: New opportunities in high-growth corridors". Vietnam will be a key driver of this global trade growth. Photo: dinhvuport.com.vn The UK-based bank projects that global trade will reach $32.6 trillion with a growth rate of 5% by 2030. Trade corridors anchored in Asia, Africa, and the Middle East will outpace the global trade growth rate by up to four percentage points, driving combined trade volume to $14.4 trillion to account for 44% of international trade by 2030. Mainland China, South Korea, and the US are expected to be Vietnam’s key trade partners in the … [Read more...] about Vietnam’s exports to hit $618 billion by 2030

In an interview granted to the Vietnam News Agency (VNA)'s resident correspondents in Sydney ahead of the Prime Minister's trip from June 3-4, Thanh said the visit takes place at a time when the two countries are celebrating the 50th founding anniversary of the bilateral diplomatic ties and the 5th anniversary of the strategic partnership. This is the second official visit to a Southeast Asian nation by Albanese since he took office, and the third to Vietnam by an Australian Prime Minister, the ambassador said, noting that the trip shows Prime Minister Albanese’s administration attaches importance to Vietnam. Thanh also recalled the visit to Vietnam by Australian Governor-General David Hurley in April, which was his only State-level visit to a Southeast Asian nation, and another trip to Vietnam by Minister for Trade and Tourism Don Farrell in the same month. In June 2022, Minister for Foreign Affairs Penny Wong selected Vietnam as the first ASEAN country to pay an official visit. … [Read more...] about Australian Prime Minister’s Vietnam visit to give impulse to bilateral ties: Ambassador

Contributions of foreign direct investment cannot be denied, illustration photo In recent years, there has been a viewpoint that foreign direct investment (FDI) is a foreign element rather than an organic part of Vietnam’s economy. It is also sometimes believed that the domestic economy is weak due to the low spillover effects of FDI without a clear recognition of the need to promote the development of the domestic economy. However, if we assume something that did not happen in reality – that Vietnam never did have access to FDI – then we would see a vastly different nation today. The increasing proportion of FDI indicates that the economic growth rate of this area is usually higher than that of the domestic economy. Without, it would take many more years for Vietnam to reach the GDP scale of 2022 with $409 billion and average GDP per capita of $4,110, and with the economic growth rate at over 7 per cent annually, as seen in 1991-1997 and 2002-2007. In 2022, the realised … [Read more...] about Contributions of foreign direct investment cannot be denied

FPT IS teamed up with SAP to introduce the brand-new ERP cloud solution at a seminar last week centred around growing a business with cloud-based solutions. The seminar attracted more than 100 senior leaders from enterprises in various fields such as manufacturing, trade and services, retail, technology, finance and banking, among others, indicating great interest from the market towards the solution. The seminar "Business growth with SAP S/4HANA Public Cloud" was jointly organised by FPT IS and SAP Speaking at the event, Phan Thanh Son, chief business development officer, FPT IS , noted that the uncertainty and constant fluctuations in the market require firms to equip a solid and flexible management system that can adapt to increasingly rapid and diverse systematic changes. In Son's words, “SAP's new ERP cloud solution delivers an open approach for enterprises of all sizes and from different industries to quickly adopt management processes compliant with … [Read more...] about FPT IS and SAP introduce new ERP cloud solution

Vietnamese Ambassador to Australia Nguyen Tat Thanh. (Photo: Vietnamese Embassy in Australia) Hanoi (VNA) – The upcoming visit to Vietnam by Australian Prime Minister Anthony Albanese will create momentum for bilateral cooperation in such potential areas as culture, investment, labour and people-to-people exchanges, Vietnamese Ambassador to Australia Nguyen Tat Thanh has said. In an interview granted to the Vietnam News Agency (VNA)'s resident correspondents in Sydney ahead of the PM’s trip from June 3-4, Thanh said the visit takes place at a time when the two countries are celebrating the 50th founding anniversary of the bilateral diplomatic ties and the 5th anniversary of the strategic partnership. This is the second official visit to a Southeast Asian nation by PM Albanese since he took office, and the third to Vietnam by an Australian PM, the ambassador said, noting that the trip shows PM Albanese’s administration attaches importance to Vietnam. Thanh also … [Read more...] about Australian PM’s Vietnam visit to give impulse to bilateral ties: Ambassador

At the signing ceremony (Photo: VNA) Hanoi (VNA) - The Sun Taxi JSC on June 1 signed a contract to purchase 3,000 VF 5 Plus electric cars from carmaker VinFast, marking the biggest vehicle purchase contract in Vietnam so far, with delivery scheduled from now until 2025. It is part of Sun Taxi's strategy on green transformation, business expansion and service quality improvement, thus promoting Vietnam's green transportation revolution and supporting the country's overall goal of achieving net-zero emissions by 2050. In the initial phase, Sun Taxi will deploy electric taxi services in cities and provinces such as Quang Binh, Hue, Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Nha Trang (Khanh Hoa), Phan Thiet (Binh Thuan), Gia Lai and Kon Tum. By 2025, all 3,000 VinFast electric cars in Sun Taxi's fleet will be running throughout Vietnam. Since joining the taxi transportation market in October 2013, Sun Taxi has to date owned a fleet of 2,900 vehicles across 17 cities … [Read more...] about Sun Taxi signs deal to buy 3,000 VinFast electric cars