Nissan: Leading Sales Growth in China Among Japanese Automakers

(VEN) - Nissan (China) Investment Co., Ltd. (NCIC) on January 10, 2011 announced its sales performance including Infiniti for the whole year of 2010: altogether 1,023,638 units sold in the China market, a 35.5 percent sales growth compared to a year before. Infiniti division sales doubled with 11,513 units sold. In the year of 2010 Nissan's sales in China became the largest over those in US and Japan.  "This has been a productive year for Nissan in China." said Takashi Nishibayashi, president of Nissan (China) Investment Co., Ltd, "With the product lineup expanding continuously and our increasing investment in China, Nissan will manage to keep our strong momentum in this booming market." Dongfeng Nissan Passenger Vehicle Company (DFL PV), under the management of Dongfeng Motor Co., Ltd. (DFL), Nissan's joint venture in China, set a record sales at 660,610 units, a 27.3 percent increase compared to the year of 2009. Zhengzhou Nissan Motor Co., Ltd. (ZNA), also under the management of … [Read more...]

Car importers look to beat road block

Local car importers are trying to continue business in the face of Circular 20/2011/TT-BCT restricting car imports. Most recently, Kars Haiphong International Company Limited, a wholly foreign owned subsidiary of Kars Motor Group in Vietnam, sent to Ministry of Industry and Trade (MoIT) a record relevant to import of less-than-nine seat Nissan automobiles made in Taiwan into Vietnam. The record carries a proxy given by Yushin Motor Company Limited, a unit having the right to distribute Nissan brand automobiles in Vietnam which is also a subsidiary of Yulon Nissan Motor Group, a legitimate manufacturer and owner of Nissan brand vehicles in Taiwan. It also contains a certification proving Kars Haiphong is a licenced automobile maintenance unit by the Vietnam Register. The company is now awaiting an official response from the MoIT about whether it could import and distribute Nissan automobiles made in Taiwan into Vietnam. Earlier in January 20, 2012 the MoIT responded to a Nghe An … [Read more...]

Hoang Huy cuts deal with Dongfeng to assemble trucks

HCMC - Haiphong-based Hoang Huy Financial Services Investment JS Co. on Thursday signed a comprehensive investment and cooperation agreement with China's Dongfeng Motor Co., Ltd in HCMC to assemble Chinese-branded trucks in Vietnam. The local company will become the sole partner in Vietnam of the Chinese vehicle manufacturer, and is authorized to import, assemble and distribute heavy trucks and dump trucks in the local market. Do Huu Ha (R), general director and chairman of Hoang Huy Co., exchanges the signed agreement with Hu Jianguo representing China's Dongfeng Motor Company - Photo: Quoc Hung In the short term, Hoang Huy will import and distribute Dongfeng's trucks from China for sale on the local market. Then, the Chinese partner will transfer technology to the local partner to assemble Dongfeng vehicles in Vietnam. Dongfeng has more than 40 years' experience in the auto industry. The company has exported its products to more than 58 countries and territories. … [Read more...]

AEON Mall inaugurated in Binh Duong

(VOV) - An AEON Mall, constructed at a cost of US$95 million on 6ha near the Vietnam-Singapore Industrial Park (VSIP) in Binh Duong, was officially inaugurated on November 1. With hundreds of specialty stores, boutiques, entertainment sites, restaurants and retail outlets anchoring the complex, the marvel is expected to attract 30,000 visitors daily increasing to 70,000 at weekends. The large-scale shopping centre, which has a Japanese style, should help stimulate the provincial trade, services and retail sectors as well as domestic purchasing in the coming time. As scheduled, after AEON Binh Duong, the group plans to open another mall in Hanoi in 2015. By 2020, AEON has targeted opening 20 shopping malls in Vietnam. … [Read more...]

Vingroup opens high-end resort complex in Phu Quoc island

The inauguration of Vinpearl Phu Quoc NDO - Property developer Vingroup officially opened Vinpearl Phu Quoc, a five-star resort complex in Phu Quoc island on November 1 after more than ten months of construction. Following its inauguration, the resort welcomed visitors on four charter flights from Russia, China and the Republic of Korea. Situated on one of the most beautiful beaches in the world, Vinpearl Phu Quoc covers an area of 300 hectares, including a hotel, high-end villas with a total of 750 rooms, a modern entertainment centre and a golf course. The 27-hole golf course The hotel and villas boast contemporary architectural designs to bring guests an experience that is both luxurious and close to nature while the entertainment area features a wide range of games and activities tailored for people of all ages. After Vinpearl Nha Trang, Vinpearl Phu Quoc is the second resort complex on an island in Vietnam featuring a golf course, with 27 holes covering an area of 100 … [Read more...]

Fireworks from tallest tower to mark New Year in HCMC

Ho Chi Minh City has announced a major fireworks display on the New Year's Eve with four tons of fireworks to be imported from France and China. A firework display in Ho Chi Minh City. Photo: Diep Duc Minh. The performance will last for 15 minutes from midnight with fireworks being launched from the Bitexco Financial Tower, the city's highest 68-story building located in District 1. This will be the first time fireworks being launched from the tower during special events instead of previous ground locations around the city. The city authorities are conducting procedures for the import of 243 fireworks cartons, including 72 from France and 171 from China. The fireworks are sponsored by the Bitexco Financial Tower Company. The performance, themed "Ho Chi Minh City's 40 Springs", will be part of many events to celebrate 40th anniversary of the liberation of southern Vietnam. … [Read more...]

World renowned orchestra to perform at Vietnam concert

The Covent Garden Soloists Orchestra. The Covent Garden Soloists Orchestra from London's world renowned Royal Opera House will perform in Ho Chi Minh City for the 25th edition of Toyota Classics concert series. The concert will be held in the Municipal Theater of Ho Chi Minh City (also known as Saigon Opera House) at 8 p.m. on November 18. The event will also feature talented Spanish conductor Miguel Angel Navarro, Bulgarian violin player Vasko Vassilev, Singaporean concert pianist Pamela Tan Nicholson and Vietnamese flautist Nguyen Ly Huong. Before coming to Vietnam, Toyota Classics concerts will take place in Cambodia, the Philippines, Brunei, Malaysia, and Thailand. One concert took place on Thursday evening in Singapore. Proceeds from the concerts will go towards local charities. Since 1990, Toyota has promoted classical music to support charities across Asia, hosting 175 concerts through the years. … [Read more...]

Int’l guitar fest hits Ho Chi Minh City

An international guitar festival will be held for the first time at the Conservatory of Ho Chi Minh City from November 12 - 16, organizers said. US guitarist Paul Cesarczyk will join the Saigon International Guitar Festival from November 12-16. Photo provided. The Saigon International Guitar Festival 2014 will feature dozens of talented guitarists from the US, Italy, Iceland, Malaysia and Philippines in three main concerts, among other activities. The concerts are set to introduce many development periods of the popular string instrument, from the old times of Renaissance, Baroque, Classicque to new periods of Romantique, Modern and Contemporary. A gala night themed "Six centuries of guitar" will open the festival on November 12 with the performance of two American noted artists Harris Becker and Paul Cesarczyk. Two Vietnamese guitarists Thanh Huy and Ba Tho will participate in the festival with a dual performance. The festival will also include master classes for student … [Read more...]

Investors eye $3 billion children’s amusement park market

VietNamNet Bridge - More and more large parks worth hundreds of billions of dong have been established in HCM City, attracting droves of childrens and their parents. Lam, a six-year old boy, counts down every day to the weekend because his mother usually promises to bring him and his 4-year-old sister to an amusement park in the District 1 on Sundays. The admission ticket to the park is expensive, VND80,000, for the average Vietnamese worker. However, Phuong, Lam's mother, said the services were worth the money. Previously, Phuong occasionally brought her children to smaller amusement parks, where she paid VND40,000-50,000 for every admission ticket. However, the small parks are getting less attractive, because children have become choosier. In the past, amusement parks on an area of 100 square meters offering simple entertainment activities could satisfy children's requirements. However, parents nowadays tend to be more selective. Therefore, large parks with attractive, … [Read more...]

An exhibition on Vietnam heritage launched in Nha Trang

The Hanoitimes - ​ A wide range of photos selected from over 4,400 entries to the Vietnam Heritage Photo Awards 2014 were on display at an exhibition held in Nha Trang city by Vietnam Heritage Magazine on October 30. This is a part of exhibitions in 16 provinces and cities throughout the country marking the 10th anniversary of Vietnam Cultural Heritage Day. The exhibition will be held in the southern province of An Giang and Tien Giang, the southern city of Can Tho, the central provinces of Binh Thuan and Quang Nam, the central city of Da Nang, the northern province of Quang Ninh. In Hanoi, the exhibition will take place at the Foreign Trade University from November 24th to 28th and at Hanoi Museum from December 8th to January 2015. Hanoitimes … [Read more...]

Photographs and keepsakes of World Heritage sites on display

The Hanoitimes - On October 31, an exhibition on Ha Long Bay and other World Cultural Heritage sites in Vietnam were introduced to the public at Quang Ninh museum, Ha Long city. The exhibits include the 90 best photos of Ha Long Bay and 8 prize-winning souvenir designs featuring the gorgeous beauty of the bay. Thank to the bay's exceptional rock cave and limestone mountain system, as well as its outstanding biodiversity, Ha Long Bay has welcomed a large number visitors both locals and foreigners. The exhibition also aims at marking 20 years of Ha Long Bay's recognition as a World Natural Heritage site by UNESCO. Le Tran … [Read more...]

Toyota Classics Concert to take place in Ho Chi Minh City

A performance at the concert's press conference NDO - The Toyota Classics Concert 2014 will be organised at the Ho Chi Minh City Opera House on November 18, announced Toyota Vietnam. The concert will feature the Covent Garden Soloists Orchestra from London's world-renowned Royal Opera House under the direction of Spanish conductor Miguel Angel Navarro, with the performance of outstanding duo Pamela Tan Nicholson and Vasko Vassilev. The programme will also include the performance of young flute star Nguyen Ly Huong with Flute Concerto in G major by W.A. Mozart. Huong, who won the contest in southern China's Nanning City in 2013, has performed in many countries, including Thailand, Japan and Germany. Doan Thi Yen, Vice President of Toyota Motor Vietnam said that the concert demonstrates the company's commitment to the development of the people and society of Vietnam and Asia. This year marks the concert's 25th anniversary of entertaining audiences in Asia-Pacific. This year's … [Read more...]

Halloween fest scares, entertains Hanoians

(VOV) -Local residents and international visitors in Hanoi had no shortage of ways to celebrate the haunted season in the capital city on October 30-31. Halloween, originated from Western countries, has been strongly embraced by people in Vietnam, especially young people, in recent years. In Halloween costumes, with devils and ghosts the most common, people created a scary and exciting atmosphere for Hanoians, especially teenagers and kids. Make-up service was most favoured by youngsters though the price was quite expensive, ranging between VND20,000 and VND60,000. Some photos of Halloween carnival in Hanoi streets: … [Read more...]

Hand embroidered pictures introduced

The Hanoitimes - On the occassion of 20 years of Ha Long Bay listed as a World Heritage site by UNESCO, a showroom of traditional Vietnamese hand embroidered pictures took place in Ha Long city on October 29. After the opening ceremony, the show will be available from 8 am to 8 pm every day. The event created a specific cultural space to glorify traditional embroidery art in the province as well as bring the beauty of the world natural heritage site to both local people and travellers. Hanoitimes … [Read more...]

Vietnam TV channel to regularly feature 18+ adult films

Vietnam television channel VTV2, belonging to the State-run Vietnam Television (VTV), will start regularly featuring films for adults at night from next month to meet the demand of viewers from 18 years old. 18+Adult films are planned to be on show at 23:00pm three days a week -- on Monday, Tuesday, and Wednesday. 'Sex and the City' will be the first film to be showed on the channel at 23:00pm from November 10. The adult film program includes 30 minutes for film and 15 following minutes for talks with iconic entertainment stars. Actress Truong Ngoc Anh, model Trang Tran, and singer Truong Quynh Anh will make their debut appearance on the program of VTV2 next month. Nguyen Ha Nam, head of the editors' department of VTV, told Tuoi Tre, "We will label the film show as 18+ to warn that it is not for people under the age. "In addition, we select to feature the film at the late time." VTV2 is the channel for sciences and education and so contents on sex and gender education fits … [Read more...]

A new place to discover HCMC

Tien Dat The lobby of the Liberty Central Saigon Citypoint - PHOTO: COURTESY OF SAIGON TOURIST Inaugurated in late August this year, the four-star hotel at the corner of Le Loi Boulevard and Pasteur Street is a good place for guests to stroll to must-see destinations in the city such as Ben Thanh Market, Reunification Palace and Notre Dame Cathedral. Near the hotel are a number of shopping malls and cafés where they can buy both made-in-Vietnam and imported items as well as enjoy local and international food and drink (F&B) specialties. Those who want to relax at the hotel can find foods and drinks of their choice. The hotel is now running various promotion programs for accommodation, F&B and entertainment services. Liberty Central Saigon Citypoint is committed to offering guests absolute satisfaction. Leisure and business guests will be served by experienced and young enthusiastic employees, who have been trained at local and foreign hospitality and tourism schools. The … [Read more...]

Investor group led by Vietnamese American capitalist unveils new MLS soccer club

A 22-person group led by Vietnamese-American venture capitalist Henry Nguyen unveiled Thursday their franchise ownership of a new football (soccer) team to compete in the Major League Soccer (MLS) starting in 2017. The awarding of a new team to the ownership group marked the beginning of "a new era for Major League Soccer," MLS Commissioner Don Garber announced the same day. "We are thrilled to welcome Henry Nguyen, Peter Guber, Tom Penn and their owner partners to Major League Soccer," Garber said on the MLS website (www.mlssoccer.com). "This visionary ownership group will chart a course that will further elevate the sport in this great city and, combined with a new state-of-the-art stadium, accelerate us down the path toward becoming one of the top soccer leagues in the world." The new club is scheduled to debut in 2017 in a new soccer stadium in the greater Los Angeles area built specifically for the team, according to the MLS website, which also said the team's brand … [Read more...]

Thai companies join hands in English football club purchasing

A group of Thai entertainment companies was reported in discussions to take over Bolton Wanderers, a second division football club in England, after being approached by the cash strapped strugglers, according to Thai media. The group includes BEC-Tero, an entertainment conglomerate which runs television Channel 3 and radio stations in Southeast Asia as well as concerts and sports events, and Siam Sport Syndicate, a sports media giant company. They will join hands for the purchase. BEC-Tero and Siam Sport will send their executive officials to England to discuss further about the possible deal with Bolton. They could become the third Thai owners of an English soccer club after Premier League side Leicester City and Reading, a Bolton rival in Football league championship. Bolton finished sixth in the Premier League in 2005 and qualified for European competition but has fallen into a hard time with huge debts. However, BEC Director Bryan Marcar said that the club remains an … [Read more...]