Aviation industry corporation of china

On Wednesday, a workshop on improving packaging technology and design to enhance business competitiveness and efficiency was held in the southern province of Dong Nai. — Photo vtv.vn The packaging industry will benefit from the growth of e-commerce, and the free trade agreements that Viet Nam has joined, said Nguyen Duc Trung, deputy director of the Enterprise Development Agency, at a training workshop in the southern province of Dong Nai last week. This workshop was focused on improving packaging technology and design to enhance business competitiveness and efficiency. The training session is an activity within the framework of the USAID Improving Private Sector Competitiveness (IPSC) project, funded by USAID. The Ministry of Planning and Investment's Enterprise Development Agency is the project owner. It is designed to equip businesses with the latest information and knowledge on packaging technology and design, thereby supporting businesses to develop appropriate packaging … [Read more...] about Packaging industry benefits from e-commerce

The Ministry of Planning and Investment (MPI) reported last week by the Vietnam Electronic Industries Association (VEIA) that Apple has moved 11 factories from Chinese businesses in the supply chain to Vietnam, while other assemblers like Foxconn, Luxshare, Pegatron, and Wistron are ramping up production capacity in Vietnam. Do Thi Thuy Huong, general secretary of the VEIA, said that the electronic components manufacturing industry of Vietnam has its own advantages for those looking to relocate supply chains out of China to neighbouring countries. “A number of high-tech groups have been cultivating their projects in the northern provinces of Bac Ninh and Bac Giang, and they will also do the same in some other potential localities,” Huong said. Last week Sandeep Mehta, president of India’s Adani Ports & SEZ, announced on behalf of Adani Group that it would pour $10 billion into Vietnam. It is part of a $100 billion package that Adani Group would like to invest overseas. … [Read more...] about Electronics giants leading foreign investment bounce

A facility of Petrovietnam Gas Joint Stock Corporation (PV GAS). PV GAS posted after-tax profit of nearly VND7 trillion (US$300 million) in the first six months of 2022. — VNA/VNS Photo Petrovietnam Gas Joint Stock Corporation (PV GAS) posted after-tax profit of nearly VND7 trillion (US$300 million) in the first six months of 2022, up 87 per cent compared to the target and 59 per cent year-on-year. Its before-tax profit reached over VND8.67 trillion (over $371.3 million) in the January - June period, up 87 per cent and 56 per cent, respectively. The firm produced and supplied over 1 million tonnes of liquefied petroleum gas (LPG) in the first two quarters of 2022, surpassing 23 per cent of the plan and equal to 99 per cent of that in the same period last year, accounting for about 70 per cent of the wholesale market share of the country. It also produced and supplied 56,800 tonnes of condensate, up 67 per cent compared to the plan and 85 per cent against the same period in … [Read more...] about PV GAS’ after-tax profit hits nearly $300 million in 6 months

Transactions at Standard Chartered Bank in Ha Noi. — Photo courtesy of the bank Standard Chartered Vietnam has been named the "Best Service Provider - Cash Management" for the second consecutive year and "Best Payments and Collections Solutions for Dragon Capital Vietfund Management (DCVFM)" in 2022 in the Asset Triple A Awards. These awards demonstrate Standard Chartered Bank's continuous efforts in introducing innovative solutions to enable effective cash management for our corporate clients and support their digitalisation journey by applying new and emerging technology. Best Payments and Collections Solution for Dragon Capital Vietfund Management (DCVFM) is a bundled solution including inward instant payments, a dynamic virtual account for collections and an API banking solution enabling the client to improve their operational efficiency and enhance productivity thanks to automated reconciliation. "We always have a purpose to understand our client's business processes and … [Read more...] about Standard Chartered Vietnam named Best Service Provider

Electronics groups from South Korea and Japan are continuing to expand in Vietnam, Le Toan The Saigon Hi-tech Park Management Authority has recently granted the license for Samsung Electronics HCMC CE Complex (SEHC) to expand its operation with a total investment capital of $841 million. Starting operations in 2016, SEHC is currently Samsung Electronics’ second-largest manufacturing site worldwide for TV screens and home electronics units. Meanwhile, Samsung Engineering has officially become the strategic shareholder of DNP Water, a member of DNP Holdings, after spending $41 million to acquire 24 per cent of the company. The pair signed a strategic partnership agreement on June 29. Investing in DNP Water is an opportunity for Samsung Engineering to approach the water treatment sector in Vietnam. With the experience and the competition capacity, it has plans to open wastewater treatment plants and then expand to other surrounding countries. Founded in 1970, Samsung … [Read more...] about Samsung imprinting essential role in fostering capital inflows

Delegates at the press briefing to kick off the 8th International Livestock, Dairy, Meat Processing and Aquaculture Exposition in HCM City on June 30. — VNS Photo The 8th International Livestock, Dairy, Meat Processing and Aquaculture Exposition will be held next month in HCM Ciity to help firms in restore and enhance business connections, and update market information and new technologies after nearly three years of interruptions due to the COVID-19 pandemic. ILDEX Vietnam 2022 is expected to attract more than 200 exhibitors from 25 countries and territories, including Austria, Belgium, Canada, China, Czech Republic, Denmark, France, Germany, Italy, Japan, Korea, Netherlands, Thailand, the US, and UK. A series of activities will be organised during the three days of the exhibition, including workshops that will provide knowledge, solutions and strategies to help businesses grow and thrive,a direct business matching programme, a Potential Buyer Programme (VIP Buyer), and many … [Read more...] about Over 200 exhibitors to join international livestock, aquaculture expo