Late 2022

The Mini Thailand Week 2022 was launched at the Saigon Exhibition and Convention Centre (SECC), District 7, Ho Chi Minh City on August 5, with the participation of nearly 100 enterprises. Many unique products of Thai businesses on display at the Mini Thailand Week 2022 (Photo: sggp.org.vn) The annual event was jointly held by the Department of International Trade and Promotion (DITP) and the Thailand Ministry of Commerce. The fair is taking place until August 7, showcasing a variety of unique Thai products in many industries, such as food and beverage, health and beauty products, kitchen appliances and home appliances, fashion and accessories, children's products, and others. Patrons can also visit booths certified as Thai Select, Golden Elephant, and Soff Power to enjoy authentic Thai dishes, in addition to enjoying performances of music and dance imbued with the Thai culture. Despite the COVID-19 pandemic, Vietnam-Thailand trade revenue posted … [Read more...] about Mini Thailand Week 2022 opens in Ho Chi Minh City

The work so far has advanced by 75%, whose elevated section (Nhon – Cau Giay) has been completed by 95%. The Nhon - Hanoi Station metro line is expected to be completed by December 31, 2022, and contractors are requested to halve the construction time of the underground section, originally scheduled for 2027. Prime Minister Pham Minh Chinh and leaders of Hanoi during the visit. Source: VGP Prime Minister Pham Minh Chinh urged to accelerate the metro line construction during a site visit today [August 7]. The Nhon – Hanoi station metro project with financial backing from the French Government, the French Development Agency (AFD), and the European Investment Bank (EIB) has a total length of 12.5 kilometers, running through eight elevated and four underground stations. Prime Minister Chinh and delegations on board a train. A report from the Hanoi Project Management Board of Urban Railway noted the metro line project was launched in … [Read more...] about PM expects Nhon – Hanoi station metro line to be completed by late 2022

The R&D center in Hanoi, scheduled to be completed by late 2022, would be Samsung’s major R&D hub not only in Vietnam but also the whole of Southeast Asia. Samsung is expected to expand investment in Vietnam with an additional fund of US$3.3 billion, along with an export target of US$69 billion from its manufacturing facilities in the country. Prime Minister Pham Minh Chinh (r) and Samsung CEO Roh Tae-Moon. Photo: Nhat Bac Samsung’s CEO Roh Tae-Moon mentioned the conglomerate's goals in Vietnam during a meeting with Prime Minister Pham Minh Chinh on August 5. According to Roh, Samsung Vietnam exported more than $34.3 billion worth of electronic products during the first six months of 2022, representing an increase of 18% year-on-year. Roh noted the South Korean IT giant is preparing for mass production of semiconductor components at the Samsung Electro-Mechanics Vietnam plant in Thai Nguyen Province from July 2023, and also for the launch the … [Read more...] about Samsung plans to invest US$3.3 billion in Vietnam in 2022

Delegates attend the ceremony (Photo: VNA) Quang Nam (VNA) - The central province of Quang Nam held a ceremony on August 6 evening to commemorate the 1 10th birth anniversary of the late Chairman of the Council of State, Vo Chi Cong (August 7, 1912-2022). Attending the event were Politburo members: President Nguyen Xuan Phuc; Permanent member of the Secretariat of the Communist Party of Vietnam (CPV) Central Committee Vo Van Thuong, and President of the Ho Chi Minh National Academy of Politics and Chairman of the Central Theory Council Nguyen Xuan Thang, among others. Secretary of the provincial Party Committee Phan Viet Cuong said that the event was an opportunity to better understand Cong’s life, glorious career and great contributions to the nation’s revolutionary cause, thus helping today and future generations to study and follow his example in the cause of national building and safeguarding. Vo Chi Cong (1912 – 2011) once served as Politburo member, Permanent … [Read more...] about 110th birth anniversary of late Chairman of State Council Vo Chi Cong celebrated

According to Hanoi-based VNDIRECT Securities JSC, the following five sectors deserve investors’ attention in the second half of this year. As Vietnam reopened the tourism industry in mid-March, the demand for food, accommodation, travel, and entertainment has rebounded. The stock firm views businesses operating in aviation, food and accommodation provision, and travel and entertainment services like ACV or AST with upbeat prospects. High export growth pins investors’ expectations on export-oriented sectors Second is the group of businesses beneficial amid a higher interest rate environment, including banks, insurance firms and those keeping huge available cash volumes like FPT, GAS, MBB, VPB, and TCB, among others. The third is the group of milk and food makers like VNM or MCH which can expect high growth prospects when the price of their relevant input materials such as full-cream milk powder, corn, and sugar is expected to be abated. Fourth is the group of … [Read more...] about Weighing ticker appeal for remainder of 2022

At the event (Photo: VNA) Moscow (VNA) – Representatives of the Vietnamese delegation to the 2022 International Army Games on August 10 offered flowers to pay respect to late President Ho Chi Minh at his monument in Moscow, Russia. The delegation was headed by Colonel Ta Quang Thao, Deputy Director of the Military Training Department under the General Staff of the Vietnam People's Army. The 2022 Army Games gathers 270 teams from 37 countries worldwide. The Vietnam People’s Army team is set to join such events as "Tank Biathlon", "Army of Culture", “Military-Medical Relay” and "Special Breakthrough". Vietnam will also host the Games’ competitions in the category of “Emergency Area”./. VNA … [Read more...] about Vietnamese delegation pays tribute to late President in Russia