When aviation industry will start

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

MTA Vietnam 2022 occupies 8,000sq.m with 250 exhibiting companies, in which, over 60 percent from 12 countries/regions such as Germany, the US, the UK, Japan, the Republic of Korea, Switzerland, China, and Singapore. Germany occupies the biggest pavilion with 12 companies. Korea contributes the highest participants with 34 companies to showcase products. MTA Vietnam 2022 includes the leading international enterprises in the four main categories: metal forming/sheet metal cutting machines; metal-cutting machines; measurement & testing technology; cutting tools & tooling systems. This year, MTA Vietnam has opened from July 6-9. Plastics & Rubber Vietnam 2022 has opened from July 6-8 at SECC, HCMC. The exhibition welcomes over 100 well-established companies. Participating in the exhibition’s activities is the great opportunity to reinforce the international economic integration for plastic & rubber enterprises since 85% of exhibitors are the international … [Read more...] about MTA Vietnam 2022 exhibition opens in HCMC

Speaking at the Vietnam Circular Economy Forum 2022 last week in Hanoi, Caitlin Wiesen, resident representative of the United Nations Development Programme (UNDP) in Vietnam, suggested that the country needs to further promote renewable energy production. “We know that the cost of renewable energy has dropped dramatically, by 89 per cent over the past 10 years, and solar is currently the cheapest source of electricity,” she explained. In just five years, Vietnam has scaled up its solar capacity from virtually zero to over 16,000MW by 2022, far exceeding national targets, Wiesen added. “Vietnam also has rich wind power potential, especially offshore wind, with more than 3,200km of coastline,” she said. Meanwhile, over the past decades, the energy sector has been a fundamental enabler of inclusive economic development in Vietnam. The sector is well-positioned to lead the green growth ambitions of the country, Wiesen said, and can catalyse new investments, create new jobs, and … [Read more...] about Grand energy aims require direction

The new Vietnamese facility of the Chinese smartphone manufacturer will be a hub for exports to neighboring Southeast Asia countries, including Malaysia and Thailand. Chinese handset maker Xiaomi has begun smartphone production in Vietnam by DBG Technology, a subsidiary of Hong Kong’s DBG Electronics Investment Limited, at a factory in Vietnam's Northern Province of Thai Nguyen . Xiaomi’s new production facility is located in Vietnam's Northern Province of Thai Nguyen. DBG Technology said that the new Vietnam facility is a hub for exports to neighboring Southeast Asia countries, including Malaysia and Thailand. Delivery costs in Southeast Asian markets have surged due to the Covid-19 pandemic and logistics costs have risen in recent years, and in order to address these problems, the Chinese smartphone maker has cooperated with its partners to implement production localization, a Xiaomi spokesperson told the Global Times . Nguyen Duc Trong from … [Read more...] about Xiaomi confirms production of smartphones in Vietnam