In the framework of the conference, investors raised many questions about the procedures for receiving investment licences, investment opportunities, and solutions to deal with difficulties, and all of them received satisfactory answers. The organising board also organised two press corners to clarify more information about the strengths of the provinces and the efforts to reform policies. Speaking at the conference, Hoang Thi Thuy Lan, Secretary of Vinh Phuc Party Committee said that direct investment projects and projects from Japanese investors contributed an important role in fostering the province’s socioeconomic growth, simultaneously laying the foundation for tightening the relationship between the two countries. “The investments of Toyota and Honda in Vinh Phuc, which were two of the first Japanese investors, established a solid foundation for the economic cooperation between the province and Japan. The two parties expanded the cooperation to other sectors, such as trade, … [Read more...] about Vinh Phuc attracted 700 delegates to conference on Vietnam-Japan ties
Big budget films
A more connected manufacturing sector through smart applications
The talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR reviewed the trends of digital transformation and automation in Vietnam’s manufacturing sector At the talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR , Seck Yee Chung, member of the Steering Committee of the Vietnam Business Forum's Digital Economy Working Group said, “Companies from different industries have to adapt to new technologies to compete and survive. However, adaptation is not an easy process. I suggest companies can focus on the four As, which include awareness, accessibility, adaptation, and advancement." Chung added, “One of the challenges right now is knowledge. There are so many technologies and so many new exciting opportunities. You see it but where do you start. That is the stage where you are required to assess your needs to see what is critical and who can help you. Small and big companies may struggle to deal … [Read more...] about A more connected manufacturing sector through smart applications
The grass isn’t always greener
Sadio Mane has left Liverpool for German giants Bayern Munich. Photo courtesy of Bayern Munich FC Paul Kennedy It was with somewhat of a heavy heart this week that I watched Sadio Mane leave Liverpool and sign for Bayern Munich. The Senegalese striker has been brilliant for Jurgen Klopp’s team, arguable his best player over the past 12 months, and although I really didn’t want him to go, I wish him nothing but the best in the Bundesliga. It also marked the end of Liverpool’s famed three-pronged attack that has served them so well in the past. Mohammed Salah and Roberto Firmino remain at the Reds, for now at least, as Mane plies his trade elsewhere. He’s not the first big name to leave Liverpool, and he sure as hell won’t be the last, but maybe he should have given a little thought to those that have left before him, heading off to pastures new. We can start with Philippe Coutinho who in the January of 2018 swapped Anfield for the Camp Nou fulfilling his dream of playing … [Read more...] about The grass isn’t always greener
Vĩnh Phúc Province seeks stronger links with Japan
An automobile assembly line of Toyota Vietnam in the northern province of Vĩnh Phúc. Vĩnh Phúc is an important part of the global supply chain of Japanese enterprises. — Photo baovinhphuc.com.vn VĨNH PHÚC — Vĩnh Phúc Province always views Japanese localities and businesses as leading partners in its development progress, said Hoàng Thị Thúy Lan, Secretary of the provincial Party Committee. Lan made the statement at a conference held in the northern province of Vĩnh Phúc on Thursday with a view to reinforcing the northern province’s cooperation with Japanese localities and investors. The conference attracted the participation of nearly 700 delegates both online and offline from the two countries. Highlighting their long-standing and expanding cooperation, she said Vĩnh Phúc's official co-operative relations were set up with Japan’s Akita prefecture in March 2015, and Tochigi prefecture in December 2021, which have created important prerequisites for boosting bilateral … [Read more...] about Vĩnh Phúc Province seeks stronger links with Japan
Vinh Phuc Province seeks stronger links with Japan
An automobile assembly line of Toyota Vietnam in the northern province of Vinh Phuc. Vinh Phuc is an important part of the global supply chain of Japanese enterprises. — Photo baovinhphuc.com.vn Vinh Phuc Province always views Japanese localities and businesses as leading partners in its development progress, said Hoang Thi Thuy Lan, Secretary of the provincial Party Committee. Lan made the statement at a conference held in the northern province of Vinh Phuc on Thursday with a view to reinforcing the northern province’s cooperation with Japanese localities and investors. The conference attracted the participation of nearly 700 delegates both online and offline from the two countries. Highlighting their long-standing and expanding cooperation, she said Vinh Phuc's official co-operative relations were set up with Japan’s Akita prefecture in March 2015, and Tochigi prefecture in December 2021, which have created important prerequisites for boosting bilateral partnerships in many … [Read more...] about Vinh Phuc Province seeks stronger links with Japan
Hanoi Book Fair 2022 reopens after two years
The book fair in Hanoi is expected to raise awareness of the importance of books. The big festival for Hanoi book lovers will open in October this year, according to Hanoi Department of Information and Technology. Various genres of books will be availabe at Hanoi Book Fair 2022. Photo: Hanh Ha The Hanoi Book Fair 2022 themed “Traditions and Integration” will take place from October 7 to 9 at the Ly Thai To flower garden and the area surrounding Hoan Kiem Lake. The event aims to implement the “Plan to develop reading culture in Hanoi until 2025, with orientation to 2030”; celebrate the 68th anniversary of Capital Liberation Day (October 10); 70th anniversary of Publication, Printing and Distribution Day (October 10) and 55th founding anniversary of ASEAN (August 8). According to the organizers, Hanoi Book Fair is a festival for book-lovers, where the culture of reading is honored and promoted. Hanoi Book Fair 2002 is expected to attract the participation … [Read more...] about Hanoi Book Fair 2022 reopens after two years
Hanoi GRDP growth hits 7.79% in first half
A series of measures for flexible and safe adaptation to the Covid-19 pandemic helped ensure Hanoi’s speedy socio-economic recovery. Hanoi’s gross regional domestic product (GRDP) in the first six months of 2022 is estimated to expand by 7.79%, representing a 1.29-fold increase against the same period of last year, according to the municipal People’s Committee. Production at Dong Anh C&F Company. Photo: Duy Khanh “A series of measures for flexible and safe adaptation to the Covid-19 pandemic helped ensure Hanoi’s speedy socio-economic recovery,” stated the authorities’ report. To date, 99.9% of locals above 18 years of age and children aged 12-17 have been vaccinated with the second dose, while in those aged 5 to 12, the rate is 70%. According to the municipal authorities, the high vaccination rate has been one of the key factors for Hanoi to reopen its economic activities and lay the foundation for growth. During the six months, the city’s state … [Read more...] about Hanoi GRDP growth hits 7.79% in first half
HCMC reviews land fund for construction of worker accommodation, social housing
At the meeting She made the state at a today meeting on the housing development program for the period 2016-2025 with the participation of Chairwoman of the People's Council Nguyen Thi Le and Chairman of the People's Committee Phan Van Mai. Speaking at the meeting, Director of the Department of Construction Tran Hoang Quan said that from 2016 to 2020, the floor area of the city increased by 53.7 million square meters. Self-built houses play the main role with an increase of 38.5 million square meters of floor space while commercial housing accounted for the second largest proportion, reaching 13.98 million square meters of floor and social housing increased by 1.23 million square meters of floor space. Regarding social housing, in the 2016-2020 period, Ho Chi Minh City completed and put into use 19 projects, with 1.23 million square meters of floor space, reaching 69.2 percent of the set target. In the first quarter of 2022, a social housing project has been completed and put … [Read more...] about HCMC reviews land fund for construction of worker accommodation, social housing
Hanoi strives to speed up investment disbursement to fuel recovery
Strong recovery According to data from the Hanoi Statistics Office, the index of industrial production (IIP) in the first five months of 2022 grew an estimated 6.4 percent over the same period last year. Realized investment capital from the state budget managed by localities during the reviewed period was estimated at VND15.5 trillion, up 2.3 percent over the same period last year and reaching 30.5 percent of the year plan. Hanoi’s industrial production increased in the first five months of 2022 In the first five months, the city attracted US$703 million from foreign-invested enterprises, up 35.4 percent year on year. Of these, the city granted certificates to 129 newly registered projects with capital of US$96 million; 69 other projects added investment capital of US$216 million; while 146 foreign investors contributed capital and bought shares worth US$391 million. Export turnover of commodities during this period was estimated at US$6.908 billion, up 18.8 … [Read more...] about Hanoi strives to speed up investment disbursement to fuel recovery
Data use key for business success
A panel discussion as part of the Vietnam Data Summit that was held in HCM City on June 24. — VNS Photo In the digital technology era, data analysis has become one of the leading technologies, capable of changing many aspects of the world, especially in the business field. Therefore, taking advantage of new technology to improve the competitiveness of enterprises is essential for future growth. However, not all businesses know how to process available data into useful information, delegates told the first Vietnam Data Summit held in HCM City on June 24. Lam Nguyen Hai Long, president of the HCM City Computer Association, said, according to statistics at Internet Day 2021, Viet Nam is among the Top 20 countries with the highest number of Internet users in the world. Internet penetration in Viet Nam stands at 70.3 per cent compared to 51.4 per cent on average in the world. Therefore, Viet Nam is considered to be the most promising Big Data market in Asia. “However, the … [Read more...] about Data use key for business success