New york manufacturing industry

Workers produce mechanical components at a factory of the Misumi Vietnam Company in the Linh Trung Export Processing Zone of Thu Duc city, HCMC. (Photo: VNA) That added up to 11,219 valid foreign-invested projects with registered capital totaling US$55.75 billion at present in the southern economic hub, which is taking the lead nationwide in terms of the project number. So far this year, HCMC has also seen 164 existing projects add US$1.5 billion to their capital, up 39.2 percent year on year. They included 18 supplemented with US$915 million in the processing and manufacturing industry, accounting for 58.8 percent of the total additional capital; and 21 with US$278 million in the information and communications sector, accounting for 17.9 percent. Singapore is currently the biggest foreign investor in HCMC with 148 projects worth US$159.1 million, making 33.3 percent of the newly registered capital. It is followed by Japan with 82 projects worth US$80.1 million (16.8 percent) … [Read more...] about HCMC: New foreign investment tops US$3.5 billion

Workers produce mechanical components at a factory of the Misumi Vietnam Company in the Linh Trung Export Processing Zone of Thu Duc city, HCM City. (Photo: VNA) Hanoi (VNA) – Ho Chi Minh City licensed 807 foreign invested projects worth 3.54 billion USD in the first 11 months of this year, up 3.3% in value from a year earlier, according to the General Statistics Office. That added up to 11,219 valid foreign invested projects with registered capital totalling 55.75 billion USD at present in the southern economic hub, which is taking the lead nationwide in terms of the project number. So far this year, HCM City has also seen 164 existing projects add 1.5 billion USD to their capital, up 39.2% year on year. They included 18 supplemented with 915 million USD in the processing and manufacturing industry, accounting for 58.8% of the total additional capital; and 21 with 278 million USD in the information and communications sector, accounting for 17.9%. Singapore is … [Read more...] about HCM City: New foreign investment tops 3.5 billion USD

Employees of Deli Vietnam Co. Ltd. at Yen Phong Industrial Park in Bac Ninh province. (Photo: VNA) Bac Ninh (VNA) – The northern province of Bac Ninh has so far this year attracted more than 2 billion USD in foreign direct investment ( FDI ), thanks to innovations and increased efficiency of investment promotion activities. The number of new domestic enterprises in the province this year is 2,443, up 15.5%, with a registered capital of 20.036 trillion VND. It commits to continue to accompany businesses, promote administrative reform and investment promotions, attract high-quality investment in new industrial parks, attract and strongly develop industries with high efficiency and high technologies, increase the proportion of processing, manufacturing and supporting industries, and reduce the proportion of outsourcing. VNA … [Read more...] about Bac Ninh attracts over 2 billion USD in FDI

Brazil great Pele has not been moved to palliative care, one of his daughters said on Sunday, downplaying reports that he was in end-of-life care after the 82-year-old was hospitalized last week to re-evaluate his treatment as he battles colon cancer. One of the greatest footballers of all time, Pele had a tumour removed from his colon in September 2021 and has been receiving hospital care on a regular basis. Newspaper Folha de S.Paulo reported on Saturday that he was under palliative care after chemotherapy stopped having the expected results. Pele's doctors have not confirmed that information and his daughter, Flavia Nascimento, said the report was wide of the mark. "It's pretty unfair people saying that he is in terminal condition, that he is under palliative care. Believe us: that's not it," she said in an interview with Globo TV. Flavia said that from time to time they adjust medication as there was no complete remission of his colon cancer. The latest report from … [Read more...] about Brazil great Pele not under palliative care, daughter says

The necessity to improve logistics practices was emphasized by experts at the "Cost Optimization with Logistics Hubs and Circular Economy" symposium, co-organized by BW and the Ministry of Industry and Trade within the framework of the 2022 Vietnam Logistics Forum. "Urban logistics has never faced such change as it does now. Without intervention, it's predicted that, inner-city traffic in some places will be severely disrupted in the next three years," said Fion Ng, COO of BW Industrial Development Joint Stock Company (BW), at the symposium. According to a November 2020 World Economic Forum report, without intervention, the number of delivery vehicles in the top 100 global cities will increase by 36% through 2030 to meet growing online shopping demands. This has environmental consequences, as emissions from these vehicles are estimated to add 6 million tons of CO2 by 2050. Traffic congestion is also estimated to increase by more than 21%, or an average of 11 extra minutes for one … [Read more...] about Vietnam needs to implement green logistics solutions: expert

On November 28, Vietnam Investment Review co-hosted the event with the Vietnam Blockchain Association (VBA), Korea NFT Content Association (KONCA), and NBN Korean TV. It allowed participants to discuss the legal policy framework for the technology sector in Vietnam and South Korea, while also connecting the Vietnamese business community with global technology organisations and communities. MoUs were signed that will see ramped-up partnerships between Vietnam and South Korea in the blockchain arena, Photo: Dung Minh Mark Hwang, president of KONCA in Vietnam, shared some insights about the relationship between South Korean technology and entertainment industries. “Technology helps the entertainment industry solve operational and business problems, and the entertainment industry also contributes to the dissemination of technological knowledge to the general audience through music, games, and television,” he said. Leveraging the influence of the entertainment media, NBN … [Read more...] about South Korea and Vietnam to share blockchain know-how