The bright spot in the latest PMI survey was employment, which increased at the fastest pace in three and a half years. The Vietnam's Manufacturing Purchasing Managers' Index (PMI) posted 54.0 in June, down slightly from 54.7 in May but still signaling a solid monthly improvement in the health of the sector. Electronics production at Katolec Vietnam, Quang Minh Industrial Park, Hanoi. Photo: Pham Hung A reading below the 50 neutral marks indicates no change from the previous month or even contractions, and above 50 points means an expansion, according to S&P Global. “The Vietnamese manufacturing sector ends the first half of 2022 in good health, with firms feeling that they've seen the back of the pandemic cane to generate new business at a solid rate,” said Andrew Harker, economics director at S&P Global. "The main positive from the latest PMI survey was around employment, which increased at the fastest pace in three-and-a-half years. This shows … [Read more...] about Vietnamese manufacturing continues solid improvements
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PM demands urgent actions in response to powerful storm Chaba
The movement direction of storm Chaba. (Photo: VNA) The dispatch noted that Chaba, the first tropical storm to hit the East Sea this year, is predicted to gain more strength and cause torrential rains in the northern region between July 2-7. Coastal areas of the provinces from Quang Ninh to Ninh Binh are likely to have high waves combined with high tides, affecting the sea dyke system and causing flooding in low-lying areas. To cope with this storm, the PM asked ministries, sectors, and related localities to continue calling on vessels at sea to move out of dangerous areas and take shelter while ensuring safety for people and vehicles involved in aquaculture, fishing, and other activities at sea. Localities must have plans to evacuate people living in high-risk areas of flash floods and landslides, he said. They are ordered to ensure the safety of reservoirs, especially small hydroelectric reservoirs, key irrigation reservoirs for flood discharge, and arrange forces for … [Read more...] about PM demands urgent actions in response to powerful storm Chaba
MTA Vietnam: An exhibition of interest to the engineering and manufacturing community
Always an alluring event for the engineering and manufacturing community On its 18 th return, MTA Vietnam 2022 - a prestigious international exhibition on machine tools, precision mechanics, and metalworking - will take place over four days from July 6 to 9 at the Saigon Exhibition and Convention Centre, 799 Nguyen Van Linh Road, District 7, Ho Chi Minh City. This exhibition is expected to provide value and interesting experiences for individuals and enterprises in the engineering and manufacturing industry. MTA Vietnam allures many enterprises and groups During their visit to the MTA Vietnam 2022 exhibition, attendees will have the opportunity to meet more than 250 prestigious exhibitors from within the country and 12 other nations and territories around the world that are considered the powerhouses of advanced technology such as Germany, the US, the UK, Japan, South Korea, Sweden, Switzerland, China, Singapore, Taiwan, Thailand, and Hong Kong, among … [Read more...] about MTA Vietnam: An exhibition of interest to the engineering and manufacturing community
COP26 President hails Vietnam’s determination in transition to green, renewable energy
National Assembly Chairman Vuong Dinh Hue (R) meetsUK Cabinet Office Minister and President for 26th United Nations Climate Change Conference (COP26) Alok Sharma (Photo: VNA) London (VNA) – National Assembly (NA) Chairman Vuong Dinh Hue had a meeting in London on June 30 (local time) with UK Cabinet Office Minister and President for 26th United Nations Climate Change Conference (COP26) Alok Sharma who expressed impression at Vietnam’s determination in transition to green and renewable energy. Sharma said he hopes Vietnam will make political commitments on the thresholds of the COP27, along with government ones at the highest level in the work. The official showed interest in bilateral cooperation in finance, regulation reform and experience sharing in power transition as well as measures to promote the partnership in the future. He revealed that Britain PM Boris Johnson and European Commission President Ursula von der Leyen had agreed to sign a letter to Vietnamese PM … [Read more...] about COP26 President hails Vietnam’s determination in transition to green, renewable energy
UK, EC propose setting up G7-Vietnam energy transition partnership: British minister
The UK and the European Commission (EC) have agreed to sign a proposal to Vietnamese government for setting up a partnership for energy transition between the group of seven developed economies (G7) and Vietnam, British Cabinet Office Minister Alok Sharma has stated. The UK minister released the information at his meeting in London on Thursday with visiting Vietnamese National Assembly (NA) Chairman Vuong Dinh Hue, who arrived on Tuesday for a three-day visit at the invitations of Speaker of the UK House of Lords John McFall and Speaker of the House of Commons of the UK Lindsay Hoyle, the Vietnam News Agency reported. Minister Sharma told Hue that Britain PM Boris Johnson and EC President Ursula von der Leyen had agreed to sign a letter to Vietnamese PM Pham Minh Chinh proposing the establishment of a Just Energy Transition Partnership (JETP) between G7 and the Southeast Asian country. Sharma, who is also the President of the 26th United Nations Climate Change Conference … [Read more...] about UK, EC propose setting up G7-Vietnam energy transition partnership: British minister
Trade, services and tourism should be spearhead sectors of Ben Tre: President
President Nguyen Xuan Phuc speaks at the working session. (Photo: VNA) Ben Tre (VNA) – President Nguyen Xuan Phuc on July 1 asked the Mekong Delta province of Ben Tre to ensure harmonious development, with trade, services and tourism as its spearhead economic sectors. GRDP ) up 4.18 percent in the first half of this year. Ben Tre has combined agricultural restructuring with new-style rural area building, he said, stressing that the province has focused on developing value chains for local agricultural products. coconut , the President urged Ben Tre to preserve and develop high-quality coconut varieties, diversity products and promote coconut cooperatives. VNA … [Read more...] about Trade, services and tourism should be spearhead sectors of Ben Tre: President