Car

Vietnam needs to raise the added value of the auto industry Many challenges The Vietnamese auto industry has developed rapidly in the past two years, with some products exported to Laos, Cambodia, Myanmar, and Central America. Data from the Vietnam Register under the Ministry of Transport shows that the output of domestically manufactured and assembled vehicles was 258,733 units in 2017; 258,116 units in 2018 and 131,089 units in the first six months of 2019. However, the domestic automobile industry only operates in a low segment of the manufacturing chain, and depends on production assignments of global automobile groups. Domestic automobile production and assembly have not met the requirements of a real automobile industry, not yet created close cooperation between auto production and assembly businesses or formed a network of large-scale material suppliers and component producers. In addition, car prices remain high compared to other countries in the region while the quality … [Read more...] about Policy change sought to help auto industry compete with imports

The Vietnamese national women’s football team have been promised more than VND10 billion (US$438,569) and a number of valuable items including a car and motorbikes in rewards following their successful title defense against Thailand at the 30th Southeast Asian (SEA) Games in the Philippines on Sunday. The Vietnamese women toiled in 120 minutes at Rizal Memorial Stadium in Manila before they could edge past Thailand, with the gold-winning goal scored in the 92nd minute. The minimal victory won the Vietnamese women the sixth gold medal in SEA Games women’s football so far, with the other five clinched in 2001, 2003, 2005, 2009, and 2017. Following the triumph, Vietnam's Minister of Culture, Sports and Tourism Nguyen Ngoc Thien, who is also the president of the Vietnam Olympic Committee, decided to reward the team with VND1 billion (US$43,148). Likewise, the Vietnam Football Federation (VFF), Hung Thinh Corporation, and Le Van Kiem, chairman of Long Thanh Golf Investment … [Read more...] about Vietnam to reward SEA Games women’s football champions with big bucks

Deputy Prime Minister Trinh Dinh Dung has approved of the plan to build the USD43m Lao Cai and Vinpearl Quang Nam golf courses. illustrative image Vinpearl Quang Nam Project is invested by Vinpearl Company. It will spread across Binh Minh and Binh Duong communes. The 70.35 ha golf course will have 18 holes and an investment of VND500bn. It will operate for 50 years. The project is expected to be completed in one year after the construction starts. Lao Cai Golf Project is invested by Fansipan Sa Pa Cable Car Services and Tourism Company in Ban Qua Commune. With an investment of VND550bn, it has 18 holes and covers 80 ha. It will operate for 70 years and is expected to complete in two years after construction starts. Lao Cai Golf Project was proposed by Lao Cai provincial authorities. Over 60 ha are forest land, 14.9ha is agricultural land and the rest are housing land. According to the Decision 1946 issued by the prime minister, forestland must not be used to build golf courses. … [Read more...] about Lao Cai and Quang Nam golf course projects approved

Vietnam will compete for their first-ever Southeast Asian (SEA) Games gold medal in the men’s football final against Indonesia in the Philippines on Tuesday evening. The much-anticipated game will take place at Rizal Memorial Stadium in the Filipino capital of Manila, and will be aired in Vietnam on VTV6 Channel at 7:00 pm. In Ho Chi Minh City, ten gigantic screens have been set up on Nguyen Hue Pedestrian Street in District 1 for the public to enjoy the game free of charge. Other public venues, such as the Ho Chi Minh City Youth Culture House at 4A Pham Ngoc Thach Street in District 1, will also screen the game. For the safety of these mass screenings, the Ho Chi Minh City Department of Transport has announced that all heavy trucks will be banned from several streets in Districts 1, 3 and 5 between 10:00 pm on Tuesday and 1:00 am on Wednesday. These streets include Ngo Nhan Tinh, Trang Tu, Nguyen Thi Nho, Nguyen Chi Thanh, Hung Vuong, Ly Thai To, Dien Bien Phu, Nguyen Thuong … [Read more...] about Vietnam crave long-awaited gold medal in SEA Games men’s football

Strong partnership to prevent non-communicable diseases threats at an early stageBIM LAND and HYATT make Agreement at Vietnam Travel and Tourism Summit 2019Utopia – a Revolutionary App for Secure Instant Messaging and Crypto PaymentsThe Long-Term Ownership Sea-facing Apartment Establishes New StandardTHE MARQ – TIMELESS ELEGANCE Ho Chi Minh city  — Three years after officially launching in Vietnam, GoBear closes a record year in which it delivered 260% YOY revenue growth, to become the leading financial supermarket in Vietnam.  GoBear Vietnam recorded 260% YOY revenue growth, becoming the leading financial supermarket in Vietnam. The Singapore-based online comparison platform achieved record growth in 2019 in terms of revenue, transactions, and new users. GoBear helps users search, match and transact more than 1,800 personal finance products including Credit Cards, Personal Loans, Travel Insurance, Education Endownment Insurance, Critical Illness … [Read more...] about GoBear Vietnam Closes a Record Year of Strong Growth