Samsung completed another major part of the construction of the R&D centre in Hanoi The above ceremony marks the completion of 70 per cent of the workload. Samsung ensures that the construction goes on as planned and expects to take the centre into operation by the end of this year as previously committed to the government. Choi Joo Ho, general director of Samsung Vietnam said, “Through the centre, Samsung targets to foster the study capacity of Vietnamese talents in AI, IoT, big data, and 5G to create a premise for the country to be ahead of the pack with the changes of the Fourth Industrial Revolution.” Ho added, “The R&D centre not only proves Samsung’s long-term investment commitment in Vietnam but also shows the group’s determination to support the country in becoming the leading manufacturing hub in Southeast Asia.” The centre has the total investment of $200 million, and the construction was started in March 2020. The project’s construction was going on as … [Read more...] about Samsung completed parts of construction of R&D centre in Hanoi
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Vietnam’s economic recovery gaining momentum
Vietnam continues to benefit from its broad re-opening strategy, which saw a huge crowd flocking to tourist hotspots in the country and household spending rebound. Vietnam’s economic recovery is gaining momentum despite heightened global uncertainty related to the protracted war in Ukraine, higher commodity prices, and tightening global financial conditions, according to the World Bank. Cargo handling at Dinh Vu port, Haiphong. Photo: Cong Hung In its latest report, the World Bank pointed out the robust growth of industrial production by 9.4% in April, comparable to pre-pandemic rates. Manufactures of apparel, footwear, electronics, electrical equipment, and metal products were the most dynamic sub-sectors, registering double-digit growth rates, it added. However, machinery manufacturing slowed from 26.6% year-on-year in March to only 5.1% in April. This deceleration was related to supply chain disruptions caused by lockdowns in China, which led to a … [Read more...] about Vietnam’s economic recovery gaining momentum
Vietnam, Laos boost construction of road linking two capital cities
There should be special mechanisms for economic ties between the two countries. The governments of Vietnam and Laos are closely working on the construction of the Hanoi-Vientiane expressway project that will facilitate sea access to land-locked Laos. Chairman of Vietnam’s National Assembly Vuong Dinh Hue speaks with Vietnamese businesses in Laos on May 15. Photos: Quochoi The information was released by Chairman Vuong Dinh Hue of Vietnam’s National Assembly who is on his three-day visit to Lao starting on May 15. Hanoi-Vientiane expressway, which is being built with funding from Japan, will enable Laos to access the sea in Vung Ang Seaport, Vietnam’s central province of Ha Tinh. Launched in 2016, the 725-km project, with an estimated investment of US$4.5 billion, is expected to boost economic connectivity between the two countries and Thailand’s northeast. Hue said the two countries' economic ties need to be boosted to become commensurate to the strong … [Read more...] about Vietnam, Laos boost construction of road linking two capital cities
SEA Games 31: Vietnam’s shooting team earns first medal
With the achievement of a silver medal, shooter Phi Thanh Thao was awarded a hot bonus of VND5 million (US$218) from the leader of Vietnam Sports Delegation. This morning, the shooter and her teammate Le Thi Mong Tuyen qualified for the women’s 10-meter air rifle final. After the first 12 shots, Mong Tuyen was eliminated from the final against competitors of Thailand, Singapore and Indonesia with a total point of 120.4. In the next turns, shooter Phi Thanh Thao continued to hold the top three. In the last two shots being the 23rd and 24th shots of the final, athlete Thao was the second runner up with 246.2 points to win a silver medal. This was also the first medal from Vietnam’s shooting team. The gold medal belonged to Indonesian shooter Mubarokah with 247 points. On the competition day, Vietnam’s shooting team is waiting for more medals in the 25-meter rapid-fire pistol. By Minh Chien- Translated by Huyen Huong … [Read more...] about SEA Games 31: Vietnam’s shooting team earns first medal
SEA Games 31: dancesport ‘mine gold’ for Vietnam
Nguyen Doan Minh Truong and Dang Thu Huong of Vietnam in a performance at SEA Games 31 (Photo: VNA) Hanoi (VNA) – Dancesport became a “gold mine” for Vietnam at the 31st SEA Games with five golds and one silver added to the country’s medal tally on May 15, the first day of competition. Dancesport events are taking place on two days, May 15 and 16 at Long Bien competition hall in Hanoi, with the participation of athletes from six countries - the Philippines, Malaysia, Cambodia, Thailand, Singapore, and Vietnam. The pair Nguyen Trung Kien - Pham Hong Anh of Vietnam walked away with gold in Samba and Rumba, and silver in Cha cha cha. Meanwhile, gold medals in Paso Doble, Jive, and Latin Five Dance went to the pair of Nguyen Doan Minh Truong and Dang Thu Huong also of Vietnam. At the end of the first day of the dancesport competition, the Philippines team had one gold, three silver, and two bronze medals. The Thai team brought home two silver medals and four … [Read more...] about SEA Games 31: dancesport ‘mine gold’ for Vietnam
Vietnam to play Malaysia in SEA Games football semifinal
A 2-2 with Cambodia caused Malaysia to lose the top group position to Thailand, who deafeated Laos 1-0 also on Monday to have nine points after four matches. Hosts Vietnam top Group A with 10 points. Thailand will play Indonesia in the other semifinal. Both matches will be played on Thursday. The match between Thailand and Indonesia will begin at 4 p.m. at Thien Truong Stadium in the northern Nam Dinh Province, and the match between Vietnam and Malaysia at 7 p.m. at Viet Tri Stadium in the northern Phu Tho Province. Vietnam beat Indonesia 3-0 in the final of the previous SEA Games in the Philippines to claim gold medal. The Vietnam match will be reported live on VnExpress International. … [Read more...] about Vietnam to play Malaysia in SEA Games football semifinal