Representatives from Da Nang visit Silicon Valley in California during an investment promotion event in the US. — Photo courtesy of Da Nang Portal The central city will offer the best conditions for businesses from the US investing in fields of high-tech, information technology, ‘green’ industries, trade, logistics, tourism and education. Vice chairman of the city’s people’s committee Tran Van Mien made the statement at an investment promotion conference in San Francisco earlier this week. Miên said the city has been completing infrastructure for the 1,100ha Hi-tech Park and 341ha Information Technology (IT) Park in Hoa Vang district for new investment in hi-tech industries. He also called on two companies – Allied Telesis Holding and Advantech – based in Silicon Valley, to invest in ‘smart’ infrastructure projects in Da Nang as the central city aims to become a ‘smart’ and ‘green’ city by 2025. Da Nang … [Read more...] about Central city calls for investment from the US
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BUSSINESS NEWS IN BRIEF 25/8
RoK technology ventures seek opportunities in Vietnam An event connecting technology ventures of Vietnam and the Republic of Korea (RoK) was held in Ho Chi Minh City on August 22 to strengthen cooperation and trade activities between businesses of the two countries. It was organised by Vuccess Co., Ltd of the RoK, with support from the State Agency for Technology Innovation of the Ministry of Science and Technology, the Vietnam Trade Promotion Agency (Vietrade) of the Ministry of Industry and Trade, along with the Korea Institute of Science and Technology and Korea Techno-Ventures Foundation. At the event, Vietnamese firms were updated on latest technology and cooperation opportunities through 11 leading businesses of the RoK in various fields, including information technology, communications, power-electronics, garment-textile, chemistry, construction, energy and environment. Bui Hoang Yen from the Vietrade said that since Vietnam and the RoK established diplomatic relations in … [Read more...] about BUSSINESS NEWS IN BRIEF 25/8
Tesla battery maker eyes investment in HCM City
The Hanoitimes - The project is expected to have an investment of US$500 million, according to the head of Saigon Hi-tech Park (SHTP). SHTP is in the process of convincing a Silicon Valley-based company specializing in making batteries for Tesla's electric vehicles to invest in Ho Chi Minh City, VnExpress reported. Illustrative photo. Source: Getty Images. "We have had several meetings with this company. They are considering various options, including our land rent fee and incentives. At present, Ho Chi Minh City and another location in the Philippines are their two shortlisted options," said Le Hoai Quoc, director of SHTP's management board. If the company in subject chooses SHTP as its investment destination, the hi-tech park could approve license for investment right in this year, Quoc said, adding the investment project is expected to have capital of US$500 million. "Battery for Tesla's car is a complicated product which very few can produce. The … [Read more...] about Tesla battery maker eyes investment in HCM City
A couple who are not clutching at straws in Saigon
Julia Mesner and Michael Burdge had their first date on a helicopter in Grand Canyon National Park, in Arizona, United States. Photo by Zero Waste Saigon And just like that, what was supposed to be their romantic getaway in Vietnam was turned into a mission against plastic consumption. Julia Mesner said it was a Christmas gift from her husband, a holiday in the small beach town of Ho Tram, about 125 kilometers southeast of Ho Chi Minh City. There, they headed up to the Ky Van mountain, which hosts a Buddhist monastery known locally as the Monkey Pagoda. Built in 1990, the sacred place is home to hundreds of the simians. "It was a really beautiful, idyllic and heavenly experience.” But then, all of a sudden, the spell was broken. "There was this baby monkey eating a plastic bag," Michael told VnExpress, adding that it really bothered his wife. Their son had just turned one a few months ago. "So she kind of had a motherly reaction to it. That thing … [Read more...] about A couple who are not clutching at straws in Saigon
A couple who are not clutching at plastic in Saigon
Julia Mesner and Michael Burdge had their first date on a helicopter in Grand Canyon National Park, in Arizona, United States. Photo by Zero Waste Saigon And just like that, what was supposed to be their romantic getaway in Vietnam was turned into a mission against plastic consumption. Julia Mesner said it was a Christmas gift from her husband, a holiday in the small beach town of Ho Tram, about 125 kilometers southeast of Ho Chi Minh City. There, they headed up to the Ky Van mountain, which hosts a Buddhist monastery known locally as the Monkey Pagoda. Built in 1990, the sacred place is home to hundreds of the simians. "It was a really beautiful, idyllic and heavenly experience.” But then, all of a sudden, the spell was broken. "There was this baby monkey eating a plastic bag," Michael told VnExpress, adding that it really bothered his wife. Their son had just turned one a few months ago. "So she kind of had a motherly reaction to it. That thing … [Read more...] about A couple who are not clutching at plastic in Saigon