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In Viet Nam, Toyota reaches the sale of 96,000 vehicles last year, of which 44 per cent are assembled domestically with different models. — Photo courtesy of the firm Despite the efforts of Japan and Viet Nam, the participation of Vietnamese enterprises in the supply chain of supporting industry products of Japan is still limited. At the online trading session on supporting industry Vietnam and Japan 2022 on Tuesday, Vu Ba Phu, director of the Trade Promotion Agency from the Ministry of Industry and Trade (MoIT), said: “Over the years, supporting industry enterprises of Japan and Viet Nam has been improving its production capacity and participating more and more deeply in the global production chain.” Phu added that the number of enterprises operating in the supporting industry accounts for nearly 4.5 per cent of the total number of enterprises in the processing and manufacturing industry, creating jobs for more than 600,000 employees, accounting for 8 per cent of the total … [Read more...] about More local enterprises should supply the Japanese production chain in Viet Nam

The annual Toyota concert 2022 is expected to attract a large number of classical music lovers in Hanoi and Ho Chi Minh City. Toyota concert 2022 season will feature two night concerts on July 27 in Ho Chi Minh City and August 5 in Hanoi following the success of previous performances. Music composer Antonín Leopold Dvořák (1841- 1904). File photo The big stage concerts mark the return of one of the most beloved musical events in Vietnam after two years of interruption because of the Covid-19 pandemic. Young talented Vietnamese cello soloist Phan Do Phuc and artists from the Vietnam Symphony Orchestra will perform immortal works by Czech music composer Antonin Dvořák. The concert, which features Cello Concerto B-minor, Op. 104 and Symphony No. 9 E-minor “From the New World”, Op. 95. Cello Concerto B-minor, Op. 104 will be conducted by Japanese Maestro Honna Tetsuji. Antonín Leopold Dvořák (1841- 1904) was the first Bohemian composer to … [Read more...] about Toyota concert makes a come back

Projected GDPs for ASEAN+3 countries. Vietnam is forecast to be the second fastest-growing economy in the region this year. (Photo amro-asia.org) Hanoi (VNS/VNA) – Vietnam is expected to come out second only to the Philippines in terms of projected GDP for 2022 and on top for 2023, according to a recent Quarterly Update of the ASEAN + 3 Regional Economic Outlook. Specifically, the country was projected to achieve a growth rate of 6.3% this year and 6.5% next year, well above the region-wide figures which were estimated at 4.3% and 4.9% respectively. Compared to the previous update, Vietnamese growth rates were revised downwards to reflect the lower growth forecasts for China and the US, its major trade partners. The country was expected to top the list with growth rates of 6.5% and 7.0% in the April update. “Vietnam is a much more open economy and very exposed to the US and Chinese economies. Because we are expecting reductions in growth rates in these countries and … [Read more...] about Vietnamese economy to perform well: AMRO

Vietjet offers passengers a golden week with 777,777 domestic and international tickets priced from only 7,700 to jubilantly welcom the double day 7/7 (July 7). (Photo: Vietjetair.com) Hanoi (VNA) - Vietjet offers passengers a golden week with 777,777 domestic and international tickets priced from only 7,700 VND to jubilantly welcome the double day 7/7 (July 7). Promotional tickets from only 7,700 VND is available for sale from 0:00 on July 7 to 23:59 on July 13 at the website www.vietjetair.com, Vietjet Air mobile apps, Facebook at www.facebook.com/vietjetvietnam (section “Booking”). In particular, passengers can enjoy free payment fees when booking and paying via Vietjet SkyClub. The promotional tickets are applied on both domestic routes across Vietnam and attractive international tourist, resort, shopping and exploring destinations in India, the Republic of Korea, Japan, Indonesia (Bali), Thailand, Singapore, Malaysia, with flexible flight periods from … [Read more...] about Vietjet offers golden week with promotional tickets on domestic, int’l routes

Illustrative image (Photo: VNA) Hanoi (VNA) – Vietnam is expanding the export of its high-quality rice with the aim to increase the export value and improve farmers’ income. According to the Vietnam Food Association (VFA), the export price of Vietnam’s 5% broken rice is higher than that of Thailand, India and Pakistan. Specifically, each tonne of this kind of rice is sold for 418 USD, 8 USD higher than that of Thailand, and 30 USD and 75 USD higher than those of Pakistan and India, respectively. Meanwhile, the export price of Vietnam’s 25% broken rice is currently 403 USD per tonne, equal to that of Thailand, but 35 USD and 75 USD higher than those of Pakistan and India, respectively. In addition, the country’s high-quality rice is being shipped to Japan and Europe. Recently, Tan Long Group JSC, in collaboration with Japan’s Kiraboshi Bank, held a ceremony in Tokyo to introduce ST25 rice, which was named the world’s best rice in 2019, to the Japanese market. … [Read more...] about Vietnam boosts export of high-quality rice

Projected GDPs for ASEAN+3 countries. Viet Nam is forecast to be the second fastest-growing economy in the region this year. — Photo amro-asia.org Viet Nam is expected to come out second only to the Philippines in terms of projected GDP for 2022 and on top for 2023, according to a recent Quarterly Update of the ASEAN +3 Regional Economic Outlook. Specifically, the country was projected to achieve a growth rate of 6.3 per cent this year and 6.5 per cent next year, well above the region-wide figures which were estimated at 4.3 per cent and 4.9 per cent respectively. Compared to the previous update, Vietnamese growth rates were revised downwards to reflect the lower growth forecasts for China and the US, its major trade partners. The country was expected to top the list with growth rates of 6.5 per cent and 7.0 per cent in the April update. “Viet Nam is a much more open economy and very exposed to the US and Chinese economies. Because we are expecting reductions in growth rates … [Read more...] about Viet Nam to do well economically this year and the next: AMRO