The Hanoitimes - The telco holds the first position for consecutive years. Military-run Viettel Military Industry and Telecom Group (Viettel) continues to be the most valuable brand in Vietnam in 2019 in a ranking conducted by London-based Brand Finance. Samir Dixit, managing director of Brand Finance Asia-Pacific and an executive of Viettel at the announcement ceremony. Photo: Thanhtra The company takes the lead with US$4.32 billion, an increase of 20% on year in enterprise value, Managing Director at Brand Finance Asia-Pacific Samir Dixit said in the release of Brand Finance Vietnam Ranking 2019 held in Hanoi earlier this week. In terms of brand value, Viettel is Vietnam’s only company and among eight firms in Southeast Asia entering the world’s top 500 valuable brands announced by Brand Finance. Viettel’s brand value was partly contributed by the strong growth in its 10 overseas markets and its diversified operations in … [Read more...] about Viettel remains Vietnam’s most valuable brand in 2019
INDUSTRY
International firms gather for Vietnam Solar Power EXPO 2019
The Hanoitimes - International companies are big names in producing and providing services in floating solar, on and off grid. Vietnam’s solar program beats expectations: IEEFA Rooftop solar power gains popularity in Vietnam Paradox shadows Vietnam solar power planning after deadline of FiT Vietnam Solar Power EXPO 2019 opened in Hanoi today [September 25], attracting hundreds of Vietnamese and foreign firms that specialize in solar panels, converters, and farm developers. Representatives from the Ministry of Industry and Trade, Vietnam Chamber of Commerce and Industry (VCCI), Vietnam Electricity (EVN), National Load Dispatch Center (NLDC), Vietnam National Trade Fair & Advertising Company (VINEXAD), and Vietnam Energy Association (VEA) attend the ribbon-cutting ceremony. Photo: Linh Pham The event marks the showcase of the world’s leading companies and attracts a large number of visitors. Business matching … [Read more...] about International firms gather for Vietnam Solar Power EXPO 2019
Vietnam, agree on steps to develop support industries
In recent years, with the participation of the government, ministries, departments, localities and the business community, Vietnam’s support industries have developed significantly. Deputy Minister of Industry and Trade Do Thang Hai said support industry businesses have increased in both quantity and quality, improving their production capacity and integrating more deeply into global production chains. However, the development has been slowed by weak management capacity and limited self-supply, meaning that imports of auto parts still exceed exports. Cooperation between the two countries through the Vietnam-Japan Economic Partnership Agreement (VJEPA) and the Vietnam-Japan Joint Initiative has become an important link, opening new opportunities, transferring technologies and enhancing production capacity. The 8th Vietnam-Japan Supporting Industries Exhibition (SIE 2019) held recently in Hanoi was a major trade promotion event by the two business communities. The exhibition … [Read more...] about Vietnam, agree on steps to develop support industries
Foreign expert provides advice for Hanoi craft designers
(VEN) - Hanoi is strengthening support of craft villages to improve the competitiveness of handicraft products, especially in the design of practical and artistic patterns to meet market demand. Introducing handicraft product designs Lack of modern pattern designers Le Duc Ke, Chairman of the Board of Directors of Bat Trang Trading Service and Tourism Joint Stock Company said the Bat Trang Ceramic Village lacks designers of modern patterns who identify trends and customer tastes. Artisans here are merely skilled craftsmen, but they’re not designers. Therefore, Bat Trang’s ceramic products are less competitive on the world market compared with foreign products of the same kind. The Phu Vinh Village (Phu Nghia Commune, Chuong My District) is the cradle of Vietnamese bamboo and rattan traditional craft with more than 400 years of development. Nguyen Van Trung, a local craftsman, said the skillful crafts people and artisans have attached importance to … [Read more...] about Foreign expert provides advice for Hanoi craft designers
Vietnam’s power capacity reaches 53GW, 2nd biggest in SE Asia
The Hanoitimes - The country has developed more than 20GW over the past 15 years to feed the country`s double-digit annual power demand growth. Vietnam’s electricity sector projected to be bigger than Britain’s by mid-2020s Vietnam’s installed power capacity currently hits 53,000MW, ranking second among Southeast Asia countries, behind Indonesia and the 31st all over the world. Vietnam's Deputy Prime Minister Truong Hoa Binh at the inauguration of Vinh Tan 4 Thermal Power Plant. Photo: Petrotimes The figure was revealed by Deputy Prime Minister Truong Hoa Binh at the inauguration ceremony of Vinh Tan 4 Thermal Power Plant in the central province of Binh Thuan, local media reported. Vietnam has put into operation more than 40 power plants capacity more than 20,000MW over the past 15 years, Binh said on Saturday [September 21]. Vinh Tan 4 thermal power project Costing an investment of VND36 trillion (US$1.56 billion), Vinh Tan 4 is … [Read more...] about Vietnam’s power capacity reaches 53GW, 2nd biggest in SE Asia