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
Japan insurance regulation
Trade, investment between Viet Nam and UK expand steadily in all sectors
Chairman of the British Chamber of Commerce Vietnam Kenneth Atkinson. The trade and investment relationship between Viet Nam and the UK has grown significantly a year after the UK-Viet Nam Free Trade Agreement (UKVFTA) came into effect. Viet Nam News spoke to Chairman of the British Chamber of Commerce Vietnam Kenneth Atkinson about the effectiveness of the trade deal as well as opportunities for further cooperation between the two countries. How do you assess improvements in trade and investment between Viet Nam and the UK a year after implementing the UKVFTA? The UK-Viet Nam FTA came into effect on May 1, 2021 but with retroactive benefits starting January 1, 2021. This was one of the speediest negotiations of any FTA, in large part due to the strong strategic partnership established by the Governments of Viet Nam and UK. The Strategic Partnership has been in place for 10 years and is stated as being at its strongest ever. The UK is the European country that has maintained … [Read more...] about Trade, investment between Viet Nam and UK expand steadily in all sectors
Toyota concert makes a come back
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
Two Thu Thiem land auction winners still fail to pay land-use fees
Specifically, by the morning of July 6, Dream Republic Joint Stock Company and Sheen Mega Joint Stock Company have not yet paid a total land-use fee of VND7.82 trillion to the tax agency. According to regulations, after the above deadline, the Ho Chi Minh City Auction Service Center will prepare documents to report the above results to the Department of Natural Resources and Environment and submit them to the People's Committee of HCMC on the cancellation of the auction results. According to regulations, if it is more than 180 days from the time the tax agency signed the notice, i.e., July 6, the auction winner still has not paid the land-use fee, the auction result will be canceled. At the same time, these two enterprises will not receive a total of VND319.2 billion of deposit (20 percent of the starting price). Previously on May 6, Thu Duc City Tax Department decided to coerce by deducting money from the bank accounts of these two enterprises. This decision is valid for 30 days. … [Read more...] about Two Thu Thiem land auction winners still fail to pay land-use fees
Vietnamese economy to perform well: AMRO
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 golden week with promotional tickets on domestic, int’l routes
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