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...]

Vietnam’s Internet market the most dynamic in the world

VietNamNet Bridge - Vietnam had the most dynamic Internet market in the world, with more users than no-users, accounting for 52% of the total population, said Rajan Anandan, Vice President and Managing Director of Google in Southeast Asia and India at a talk on FPT Technology Day 2016. Rajan Anandan, Vice President and Managing Director of Google in Southeast Asia and India. According to Google, in the next five years, Vietnam’s middle class will double. This is the general trend as the world's cash flow is heading towards the East. Last year was the first time Asia had more billionaires than the US. This will be the driving force for Asia to become the world's Internet center. According to the Google representative, Vietnam is also attracting a lot of investment costs, with the rate of startup companies receiving investment from investment funds in 2015 67%, compared with 28% in 2014, according to data from Topica Founder Institute. Vietnam also has many characteristics of … [Read more...]

Jewelry of ancient Vietnamese 2,500 years ago

VietNamNet Bridge – Leg and arm rings, earrings and rings made from many materials of the ancient Vietnamese in the Dong Son civilization 2500-2000 years ago are beings exhibited for the first time in Nghe An province. In a series of activities celebrating the 126th birthday of President Ho Chi Minh (1890-2016), the Museum of Nghe An Province organized a special exhibition introducing antiques of Nghe An from prehistory time. The artifacts in the collection of jewelry of the ancient Vietnamese in the Dong Son cultural period (2500-2000 years ago) are a special section of the exhibition. Leg rings collected at the archaeological site in Vac Village, Nghia Dan district, Nghe An in 1981. Leg rings are also used to prevent sharp objects from hitting the ankle. Bracelet collected in Tan Ky district, Nghe An, which is said to be jewelry of the aristocracy. This suggests that the ancient society had a gap between the rich and poor. The bracelets found at Dong Mo, Hung Thang … [Read more...]

Vietnamese Ao Dai honored in California

VietNamNet Bridge – The 4th Ao Dai Festival took place in California, USA, with the presence of a large number of overseas Vietnamese and international friends. Designer Duc Hung from Vietnam brought his latest ao dai collection to the festival. May 15 was chosen as "The Day for Ao Dai" of Vietnamese living in California and elsewhere in the United States with the desire to contribute to preserve and develop the cultural heritage of Vietnam in America. The ao dai is a symbol of beauty and culture and also the pride of Vietnamese. To honor the diversity of American society, the Vietnamese-American community held a community event called Ao Dai Festival every two years. The Vietnamese-American community wants to make it a special day for the people of California to share cultural heritage through wearing the Vietnamese ao dai. The California Senate also decided to approve May 15th as the "Day for Vietnamese Ao Dai" in California. The Ao dai festival this year is based on the … [Read more...]

MOWCAP recognises more Vietnamese nominations as World documentary heritages

The Hanoitimes - On May 19, the two Vietnamese nominations were awarded as documentary heritages by the UNESCO Memory of the World Committee for Asia and the Pacific (MOWCAP) during the 7th MOWCAP General Meeting held in Hue City, central Thua Thien-Hue province from May 18-21. The two Vietnamese nominations that were named as documentary heritages by the MOWCAP are the "Royal Literature on Hue Royal Architecture" and "Phuc Giang School Woodblocks". They were among 16 nominations from ten Asian countries, including China, the Republic of Korea, Malaysia, Uzbekistan, Japan, Singapore, Iran, Myanmar and Mongolia. The Royal Literature on Hue Royal Architecture is heritage that reflects the perspectives of the Kings of the Nguyen Dynasty (1802-1945) on the country’s history and culture and their method for ruling a nation. "Royal Literature on Hue Royal Architecture" is on display at the 7th Memory of the World Committee for Asia and the Pacific (MOWCAP) General Meeting. It … [Read more...]

Hanoi: planning numerous summer programs for students in 2016

The Hanoitimes - Hanoi Department of Education and Training has just made a plan on organizing numerous programs for students during summer vacation in 2016 to encourage them to take part in various activities of culture, art, sports, useful entertainment, etc. Department of Education and Training asked all schools to proactively coordinate with Ho Chi Minh Communist Youth Union and Young Pioneer Organization to hold traditional, legal and moral education activities, such as: gratitude activity, care of historical, cultural monuments and works attributing martyrs, ect; encourage students to participate in entertainment activities in clubs, cultural houses, playgrounds, ect. Headmasters of schools, directors of regular education centers are responsible for planning to review lessons for students who need tutoring or fostering knowledge, especially weak students; managing teaching and learning activities in units in accordance with regulations of the Municipal People’s … [Read more...]

This Vietnamese architecture student’s astrophotography will blow your mind

An architecture student from Gia Lai Province in Vietnam’s Central Highlands with a passion for astronomy spends his free time capturing photos of nebulas and galaxies thousands of light years away to add to his collection. ‘My Astrophotos’ is the title of an astrophotography collection published on the personal Facebook page of Nguyen Tan Khai, a senior at the Ho Chi Minh City University of Architecture. Khai has been in love with astronomy since seventh grade, after being exposed to telescopes at an early age. At the age of 13, Khai began assembling his own scientific microscopes at a cost of just VND50,000 (US$2.23). In grade 11, Khai took home third prize at a provincial student science contest for his use of recycled materials to build a telescope that could observe the rings of Saturn, Mars, and vestiges of volcanoes on the Moon’s surface at VND700,000 ($31.4). In the nine years since discovering his passion, Khai’s love for telescopes … [Read more...]

Three impressive investors who are Johnathan Hanh Nguyen’s friends

VietNamNet Bridge - While Steelman Partners is among the world’s leading architectural firms, Cantor Fitzgerald is a global financial investor and Weidner Resorts is famous in the hotel & casino sector. HCM City, Vietnam The HCM City Party Committee’s Secretary Dinh La Thang, who stated he wants to restore the title ‘the Far East’s Pearl’ for HCM City, recently had a meeting with the managers of the conglomerates from the US - Cantor Fitzgerald, Weider Resorts, Steelman Partners and IPP Vietnam- to discuss a huge investment project in the city. Johnathan Hanh Nguyen, president of IPP Vietnam, a well-known businessman, said IPP and the three US investors wish to develop a big complex in Thu Thiem, HCM City with the investment capital of $4 billion. The complex is expected to comprise an entertainment area, office buildings and shopping centers, while the office tower there is hoped to serve as the new financial center in South East Asia, … [Read more...]

Nielsen: Consumer confidence edges up in Q1

Minh Tam A customer (L) inspects a pair of jeans at An Dong Market in District 5, HCMC. Vietnam’s consumer confidence index in the first quarter of this year rose one point over the previous quarter to 109 - PHOTO: UYEN VIEN The score shows Vietnam was the fifth most optimistic country globally, said a report released by Nielsen Vietnam. The Vietnam score is lower than that of the Philippines at 119 and Indonesia at 117. The two countries rank second and third respectively on the global optimistic scale. Nguyen Huong Quynh, managing director of Nielsen Vietnam, said the index continues to be at a high level despite moderate market growth as it reflects future hopes of Vietnamese consumers. This optimism can be explained as Vietnam is still a young country, with 57% of the population under 35 years old. In addition, Vietnamese consumers tend to spend more improving the quality of life, Quynh said. "Today they see some challenges, but view these as a minor hurdle … [Read more...]

Vietnamese actresses on Cannes red carpet

VietNamNet Bridge - Actress and former Tourism Ambassador Ly Nha Ky and actress Angela Phuong Trinh made their stunning appearance at the Cannes Film Festival 2016. Actress and former Tourism Ambassador Ly Nha Ky Ly Nha Ky attended the premier of a movie by Romanian director Cristian Mungiu on May 19. Ly Nha Ky at the premier of "La Fille Inconnue" by Director Jean Pierre on May 18. Ly Nha Ky at the premier of the movie "Julieta" of director Pedro Almodovar on May 17. Ly Nha Ky at the premier of the movie "Mal de pierres" by director Nicole Garcia. Actress Angela Phuong Trinh At an event on May 17, Angela Phuong Trinh, who is the main cast of Vietnamese movie "Taxi, Em Ten Gi?" (Taxi, what’s your name?), wore a long dress sprinkled with Dong Ho painting. Pha Le … [Read more...]

Southern Land Cuisine Festival around the corner

Tien Dat The lotus pond at Dam Sen Park where many main activities of the festival take place According to organizers the HCMC Department of Tourism, the Ministry of Culture, Sports and Tourism, the HCMC Tourism Association and Phu Tho Tourist Service Co, the annual festival is to set up a new model of tourism, culture and cuisine in HCMC, which will allow local and foreign visitors to taste different Vietnamese specialties, particularly those of the southern land. MAIN ACTIVITIES Regional typical food and beverages served: The gastronomic styles of the four different regions will be introduced at the festival—including the central region, the Central Highlands, the southern region and Saigon. There will be more than 250 delicious dishes and beverages, such as nem nuong (BBQ rolls), ba khia rang me (freshwater crabs fried with tamarind), ga nuong Ban Don (Don Village-style grilled chicken), to name just a few. Traditional music show: Don ca tai tu (southern amateur … [Read more...]

Exhibition displays archaeological objects excavated under NA House

Archaeological objects discovered under the National Assembly (NA) House are on display at an exhibition that opened in the NA’s two basement levels on May 19. The exhibition, hosted by the Vietnam Academy of Social Sciences, was attended by NA Chairwoman Nguyen Thi Kim Ngan and former NA Chari Nguyen Sinh Hung. The exhibits, found during the construction of the NA between 2008 and 2009, are displayed in an archaeological stratigraphic principle (chronological order). Covering an area of 1,700 square metres, the display space of the NA’s first basement level introduces objects dating from the 11th to 18th centuries throughout the Ly, Tran and Le Dynasties. Meanwhile, nearly 2,000 square metres of the second basement is used to showcase archaeological discoveries dating to the 7th, 9th and 10th centuries during the Dinh and Le Dynasties. With the support of lighting effects and modern graphic arts, the exhibition brings a new look to the NA House, which is an … [Read more...]

ASEAN and Russia identify priorities in cultural cooperation

The Hanoitimes - The Russian Federation and the Association of Southeast Asian Nations (ASEAN) held the first cultural ministerial meeting in the Russian city of Sochi on May 19. The event was organised as part of the 20th anniversary of the ASEAN – Russia Commemorative Summit. At the meeting, culture and arts ministers and officials from the ASEAN and Russia identified priorities in cultural cooperation between the two sides. The Russia – ASEAN Summit takes place in the Russian city of Sochi on May 19-20 They issued a Joint Statement stressing the importance of strengthening cooperation and encouraging exchanges of youth, music, stage, fine art, applied art, the movie industry, and tourism promotion. The delegates also stressed the need to create linkages in preservation, protection, renovation and use of relic sites, cultural heritages, and many other cultural fields. Addressing the event, Vietnamese Deputy Minister of Culture, Sports and Tourism Vuong Duy … [Read more...]

More Vietnamese nominations named World documentary heritage

The "Royal Literature on Hue Royal Architecture" and "Phuc Giang School Woodblocks" were named as documentary heritages by the Memory of the World Committee for Asia and the Pacific (MOWCAP) on May 19. "Royal Literature on Hue Royal Architecture" is on display for public view at the 7th Memory of the World Committee for Asia and the Pacific (MOWCAP) General Meeting. Both Vietnamese nominations were awarded the title during the 7th MOWCAP General Meeting held in Hue City, central Thua Thien-Hue province from May 18-21. They were among 16 nominations from ten Asian countries, including China, the Republic of Korea, Malaysia, Uzbekistan, Japan, Singapore, Iran, Myanmar and Mongolia. The Royal Literature on Hue Royal Architecture is heritage that reflects the perspectives of the Kings of the Nguyen Dynasty (1802-1945) on the country’s history and culture and their method for ruling a nation, said Director of the Hue Monuments Conservation Centre Phan Thanh Hai. According … [Read more...]

Asia-Pacific Memory of the World Committee meeting opened in Hue City

The Hanoitimes - The 7th General Meeting of the Memory of the World Committee for Asia and the Pacific (MOWCAP) was held in Hue City, central Thue Thien-Hue province on May 18-21. MOWCAP Chairman Li Ming Hua, Deputy Minister of Culture, Sports and Tourism Dang Thi Bich Lien, and delegates from 16 countries and territories across the region attended the meeting. Speaking at the event, Deputy Minister Dang Thi Bich Lien said Vietnam always believes that culture is important to socio-economic and peoples development. At the meeting. She noted that the Vietnamese Government highly appreciates the role of UNESCO in support of the preservation of cultural heritages worldwide, and stressed the significance of MOWCAP to recognise and protect the world’s documentary heritages from wars, natural disasters and religious disparity. The Memory of the World Committee for Asia and the Pacific was founded in 1992 by UNESCO. At the event, delegates will discuss UNESCO recommendations … [Read more...]

Introducing fine Vietnamese dishes in Indonesia

The Hanoitimes - Vietnamese Food Week, jointly held by Indonesia’ Ciputra Semarang Hotel, the Vietnamese Embassy and the Swiss-Belresort Tuyen Lam Da Lat Hotel of Vietnam, is taking place in Semarang, capital of Central Java, Indonesia from May 16-28. The Vietnamese Food Week in Indonesia is a part of a cuisine and tourism exchange programme between the two countries. Vietnamese Ambassador to Indonesia Hoang Anh Tuan and Director of Semarang Department of Culture and Tourism attend the opening ceremony. During the event, fine Vietnamese dishes will be introduced to international friends. Addressing the opening ceremony, Vietnamese Ambassador to Indonesia Hoang Anh Tuan praised the initiative, adding that the week's success would open up an array of events to disseminate Vietnam’s cuisine, culture and tourism in the "land of a thousand islands". Ambassador Hoang Anh Tuan also hoped such activities would contribute to boosting mutual understanding between the two … [Read more...]

VN largest cinema system CGV accused of impeding local film distributors

VietNamNet Bridge - Eight domestic film producers and distributors have sent a complaint to the Vietnam Cinema Association, saying that they were being hampered by the CGV theater system, which belongs to the CGV film distributor of South Korea, because of the profit sharing ratio and form of film distribution, reported VNExpress online newswire. CGV currently owns 40% of the total cinemas in Vietnam. The eight complainers include BHD, Galaxy, Skyline, Golden Media, Saigon Media, MVP, Early Risers and VAA. According to the eight local film producers and distributors, CGV has imposed unreasonable profit sharing ratio at its cinema system (CGV currently accounts for 40% of the total cinemas in the country). For the Vietnamese movies distributed by CGV at other cinema systems, the profit sharing ratio is 55/45 (CGV earns 55%) Meanwhile, for the Vietnamese movies distributed by local firms at CGV cinema system, the ratio is 45/55 (with 45% for the distributor and 55% for CGV in the … [Read more...]

Festival to honour southern foods

The 6th Southern Cuisine Festival will take place in Dam Sen Culture Park in Ho Chi Minh City from May 28-June 1 to promote Vietnamese and particularly southern cuisine to both domestic and international visitors. According to Truong Minh Hau from the municipal Department of Tourism, t his year’s festival will feature 50 booths, displaying over 250 signature dishes and beverages from the south and other regions across Vietnam. Other activities will include "Don ca tai tu" (southern folk music) performances, Khmer dances, and traditional games. Visitors will also learn about traditional handicrafts from southern localities. The event will allow exhibitors to show off their skills and creativity in cooking and decorating booths. The festival is expected to attract about 100,000 visitors. VNA … [Read more...]