Ample room remains for VN-Japan cooperation in supporting industries

Ample room remains for VN-Japan cooperation in supporting industries

There remains ample room for Vietnamese and Japanese enterprises to foster cooperation in supporting industries that are increasingly developing and playing an important role in Việt Nam's participation in the global supply chain as well as the global value chain, insiders have said.
The Automotive World China 2023 opens new opportunities for Vietnamese businesses

The Automotive World China 2023 opens new opportunities for Vietnamese businesses

The Automotive World China 2023, slated to be held October 11-13 in Chinese Shenzhen City, would provide Vietnamese businesses with opportunities to discover innovative applications, accelerate smart automation upgrading in auto manufacturing, optimise the supply chain.
Hung Yen prioritizes high-tech, supporting industries

Hung Yen prioritizes high-tech, supporting industries

(VEN) - The Red River Delta province of Hung Yen expects to have had 30 industrial parks (IPs) covering 9,540ha by 2030 and 35 IPs with a total area of 12,000ha by 2050. Tran Quoc Van, Chairman of the provincial People’s Committee, shared this information at the first meeting of the Coordinating Council for the Red River Delta Region that took place recently in Hanoi.
HCM City

HCM City's sourcing fair connects supporting-industry buyers, suppliers

The 2023 Sourcing Fair of Supporting Industries (SFS) was held in Ho Chi Minh City on August 25, attracting some 20 buyers and 130 suppliers.
Measures to move support industry forward

Measures to move support industry forward

Việt Nam's support industry has grown steadily over the past decade to around 5,000 companies, producing components for domestic demand and exports.
Preferential interest rate stimulus for supporting industry

Preferential interest rate stimulus for supporting industry

(VEN) - Recently, the Ministry of Industry and Trade (MoIT) has proposed to the Government amendments to the Decree No.111/2015/NĐ-CP on the development of supporting industry.
Connecting Vietnamese, Japanese supporting firms

Connecting Vietnamese, Japanese supporting firms

(VEN) - A seminar was held recently in Hanoi to discuss ways to attract investment in high technology and supporting industries, and the experience and solutions for participation in the production and supply chains of major enterprises and large corporations. Participants presented many opportunities to connect Vietnamese and Japanese businesses in these fields.
Hanoi enhances supporting industry competitiveness

Hanoi enhances supporting industry competitiveness

(VEN) - In 2023, Hanoi expects to have about 350 companies with production facilities and products meeting international standards and capable of participating in the global manufacturing networks of multinational groups in Vietnam.
Vĩnh Phúc becoming centre of support industry for car and motorcycle production

Vĩnh Phúc becoming centre of support industry for car and motorcycle production

Vĩnh Phúc is now one of the key industrial hubs in the North thanks to large foreign direct investment (FDI) inflows into manufacturing.
Supporting industries play significant role in economic restructuring: Official

Supporting industries play significant role in economic restructuring: Official

Supporting industries play a significant role in the economic restructuring towards industrialisation and modernisation, contributing to enhancing labour productivity, competitive capacity, and value creation, and increasing the contribution of the processing and manufacturing industries to the wider economy.
Binh Duong prioritizes supporting industries

Binh Duong prioritizes supporting industries

(VEN) - The southeastern province of Binh Duong so far has attracted 4,047 foreign investment projects with the total capital of more than US$39.5 billion, ranking second among localities nationwide. This requires the province to develop local supporting industries.
Support industry needs breakthrough policies

Support industry needs breakthrough policies

(VEN) - The supporting industry is now attracting a large amount of foreign direct investment (FDI). However, the State needs to issue breakthrough policies for further development of FDI enterprises.
Industry Agency, Toyota Vietnam team up to assist firms in automobile supporting industry

Industry Agency, Toyota Vietnam team up to assist firms in automobile supporting industry

The Industry Agency under the Ministry of Industry and Trade and Toyota Motor Vietnam signed on Tuesday a memorandum of understanding on a cooperation project to help domestic businesses in the automobile supporting industry improve their capacity and enhance the connectivity between them and car assemblers.
Hanoi prioritizes development of support industry

Hanoi prioritizes development of support industry

(VEN) - The capital of Hanoi will prioritize the development of the support industry serving its key sectors – component and spare part manufacture, leather/footwear, textile/garment, and high-tech industries.
Golden opportunities for the electronics industry

Golden opportunities for the electronics industry

(VEN) - With a multitude of major electronics companies investing in Vietnam, such as Samsung, Apple, LG and Intel, the Vietnamese electronics industry has the potential to become a manufacturing hub in Asia.
Hanoi to host two international exhibitions on supporting industries

Hanoi to host two international exhibitions on supporting industries

Vietnam-Japan Supporting Industry Exhibition (SIE) and Vietnam Manufacturing Expo (VME) are set for August 9-11.
More assistance for supporting industry

More assistance for supporting industry

(VEN) - According to economic experts, the development of the supporting industry needs the Government’s support through a set of cohesive and stable policies that facilitate sustainable business growth.
State support needed for auto support industry

State support needed for auto support industry

(VEN) - Vietnam needs to improve policies in order to further facilitate development of the automobile support industry.
Improving supporting industry capacity

Improving supporting industry capacity

(VEN) - Supporting industries have significant potential for breakthroughs if they can increase foreign investment, forge joint ventures, coordinate technological exchanges, and improve production capacity.
Supporting industry anxiously awaits new law

Supporting industry anxiously awaits new law

(VEN) - Vietnamese experts are urging speedy drafting of a law to bolster the country’s supporting industry, which lags behind those of other industrialized states.
Localization breakthrough in auto industry

Localization breakthrough in auto industry

(VEN) - The localization rate of some domestically manufactured and assembled vehicle lines has increased impressively in recent years due to enhanced supply by domestic supporting industry, according to a report of the Ministry of Industry and Trade (MoIT).
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Branding essential for leverage of FTA opportunities

Branding essential for leverage of FTA opportunities

(VEN) - Despite Vietnam’s impressive export growth rate to FTA markets, the market share of Vietnamese goods in those countries remains very modest. One of the reasons for that is most export products have not built their own brands.
MoIT seeks to address material bottleneck

MoIT seeks to address material bottleneck

(VEN) - A delegation of the Ministry of Industry and Trade (MoIT) led by Minister Nguyen Hong Dien recently worked with the Vietnam Leather, Footwear and Handbag Association (Lefaso) on problems related to the supplies of materials and accessories in the leather and footwear industry.
Hà Nội calls for investments in six urban areas projects

Hà Nội calls for investments in six urban areas projects

Hà Nội is aiming to raise the status of Đông Anh from a rural district to an urban district by 2025 with a large sum of investments in infrastructure system development planned in recent years.
Vietnam, France look to boost economic partnership

Vietnam, France look to boost economic partnership

Deputy Minister of Planning and Investment Tran Quoc Phuong and French Minister Delegate for Foreign Trade, Economic Attractiveness, Francophonie and French Nationals Abroad Franck Riester co-chaired the 8th session of the Vietnam-France High-Level Dialogue on Economy in Paris on May 17.
Central bank to inspect gold trading activities

Central bank to inspect gold trading activities

The State Bank of Vietnam (SBV) on May 17 issued a decision to inspect the compliance with policies and laws in gold trading activities of credit institutions and gold trading enterprises.
royal antiques presented at metaverse exhibition

Royal antiques presented at metaverse exhibition

Ten significant antique objects from the Nguyễn Dynasty (1802–1945), the last Vietnamese dynasty have been digitally identified to be presented in 360-degree vision and full sharpness.
viet nam plans to preserve ethnic minorities intangible cultures at risk of disappearing

Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing

The Ministry of Culture, Sports and Tourism has issued a plan to support the study, restoration, and preservation of ethnic minorities’ intangible cultures which are at risk of falling into oblivion.
the hai phong red flamboyant festival celebrated the citys special unesco status

The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status

The Cát Bà Archipelago in Hải Phòng City and the Hạ Long Bay, in the neighbouring province of Quảng Ninh, is Việt Nam's first inter-provincial site listed by UNESCO as a World Heritage Site.
hcm city top spot in viet nam for slow travel lovers

HCM City: top spot in Việt Nam for slow travel lovers

HCM City has been named the destination travelers spend the most time in on average in Việt Nam.
the anam cam ranh named among vietnams best family hotels

The Anam Cam Ranh named among Vietnam’s best family hotels

The Anam Cam Ranh has been recognised as one of Việt Nam’s top family hotels by prestigious magazine Travel + Leisure Southeast Asia, Hong Kong and Macau.
Tax, land rent payment deadlines to be extended this year

Tax, land rent payment deadlines to be extended this year

HÀ NỘI — Payment deadlines for value added tax (VAT), corporate income tax, personal income tax, and land rent in 2024 are set to be extended, involving a total tax value of nearly VNĐ84 trillion (US$3.3 billion).
Ministry proposes tax filing deadline extension for 2024

Ministry proposes tax filing deadline extension for 2024

HÀ NỘI — The Ministry of Finance (MoF) is considering proposals from other relevant ministries and agencies on a draft decree that would extend the deadlines for filing taxes.
Viet Nam targets to have 2 million enterprises by 2030

Viet Nam targets to have 2 million enterprises by 2030

Viet Nam targets to have at least 2 million enterprises and ten billionaires voted by prestigious world organizations by the end of this decade.
Law on Telecommunications hoped to promote development of new telecoms services

Law on Telecommunications hoped to promote development of new telecoms services

The 2023 Law on Telecommunications (the Law), with 73 articles arranged in 10 chapters, is set to take effect on July 1 this year.
MoIT seeks to address material bottleneck

MoIT seeks to address material bottleneck

(VEN) - A delegation of the Ministry of Industry and Trade (MoIT) led by Minister Nguyen Hong Dien recently worked with the Vietnam Leather, Footwear and Handbag Association (Lefaso) on problems related to the supplies of materials and accessories in the leather and footwear industry.
Vietnamese steel affirms position in world market

Vietnamese steel affirms position in world market

The steel industry has affirmed its position by reaching the Top 12 in the world in terms of crude steel production. Not only is the production output growing rapidly, but Vietnamese steel products are also gradually becoming more diverse, according to the Vietnam Steel Association (VSA).
Concerted efforts to reduce manufacturing inventory

Concerted efforts to reduce manufacturing inventory

(VEN) - According to the Ministry of Industry and Trade (MoIT), the processing and manufacturing industries underwent positive changes in the first quarter of 2024. However, measures to stimulate consumption are necessary to release inventory.
Energy giants plan for national power plan

Energy giants plan for national power plan

The recent approval for Vietnam’s eighth national power development plan (PDP8) has heated up discussions around business strategies of energy giants in the race to gain advantages in energy transition towards the country’s net-zero goals.
Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen

Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen

A delegation from the European Union (EU), the Netherlands, and the Vietnamese Embassy in Singapore held a working session with leaders of the northern province of Thai Nguyen on May 16 to explore potential investment opportunities in the province.
Desk established in Dong Nai to support Japanese investors

Desk established in Dong Nai to support Japanese investors

Dong Nai province, an industrial hub in the southern region, has set up the Japan Desk at the headquarters of the Dong Nai Industrial Zones Authority to assist Japanese investors operating here.
Vietnam should not miss opportunities to attract FDI

Vietnam should not miss opportunities to attract FDI

(VEN) - Despite its attractive investment environment with numerous advantages, Vietnam may lag behind in the global competition to attract foreign direct investment (FDI) if it does not improve its business environment.
New wave of Chinese investment

New wave of Chinese investment

(VEN) - The supply chain of manufacturing industries in Vietnam has become quite developed, with a consumer market of 100 million people and an abundant labor force. This explains why Vietnam’s investment and business environment attracts Chinese businesses.
Central bank to inspect gold trading activities

Central bank to inspect gold trading activities

The State Bank of Vietnam (SBV) on May 17 issued a decision to inspect the compliance with policies and laws in gold trading activities of credit institutions and gold trading enterprises.
Banks raise interest rates to attract depositors

Banks raise interest rates to attract depositors

Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount at the banking system has declined for the first time after 25 consecutive month increase.
Credit access obstacles lifted for collective economic entities

Credit access obstacles lifted for collective economic entities

(VEN) - The State Bank of Vietnam (SBV) has announced that it will continue to strengthen review of regulations on lending activities to remove obstacles in accessing capital at banks for the collective economic sector and cooperatives.
Government urged to narrow domestic, global gold price gap

Government urged to narrow domestic, global gold price gap

Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.
First provincial biodiversity museum launched in Quảng Nam

First provincial biodiversity museum launched in Quảng Nam

QUẢNG NAM — The first-ever provincial-level biodiversity museum was launched in the central province of Quảng Nam on Wednesday, introducing more than 3,700 photos and 1,200 specimens of flora and fauna found in the locality.
Enhancing informal sector’s role in EPR implementation

Enhancing informal sector’s role in EPR implementation

(VEN) - The informal labor force plays a crucial role in the waste value chain, helping producers and exporters achieve recycling rates through the EPR mechanism.
Centre opened to serve environmental data integration, monitoring network operation

Centre opened to serve environmental data integration, monitoring network operation

HÀ NỘI — A national centre for information - data integration and processing and environmental monitoring network operation has been unveiled by the Ministry of Natural Resources and Environment in Hà Nội.
Capacity building for policy makers, large emitters on ETS and carbon market

Capacity building for policy makers, large emitters on ETS and carbon market

Capacity building for policy makers and large emitters on Emissions Trading System (ETS) and carbon market aims to facilitate the pilot operation of the Vietnamese carbon market by 2025 and its official launch by 2028.
Semiconductor investment prioritized

Semiconductor investment prioritized

(VEN) - Vietnam has recently completed the legal corridor to create conditions prioritizing investment and development of semiconductor chips.
Science-technology - foundation for nation’s development PM

Science-technology - foundation for nation’s development PM

Science-technology is an important driving force to boost economic growth, create breakthroughs for productivity and increase national competitive edge as the country is developing its socialist-oriented market economy, Prime Minister Pham Minh Chinh reiterated on May 15.
Full cyber stream ahead Bắc Giang focuses on digital society development

Full cyber stream ahead Bắc Giang focuses on digital society development

Director of the provincial Information and Communication Department, Trần Minh Chiêu, said that the province was concentrating on building a safe and reliable digital environment for the community.
35 localities piloting four-wheel EVs for tourists, despite no official legal regulations

35 localities piloting four-wheel EVs for tourists, despite no official legal regulations

Four-wheel electric vehicles have been used for this purpose has been since 2010 in the capital city of Hà Nội, and to date, 35/63 localities in the country have received approval by the Prime Minister to pilot the operation.
Government tightens vessel control to fight IUU fishing

Government tightens vessel control to fight IUU fishing

The Government has ordered harsh punishments on any violation of vessel-monitoring-system (VMS) rules in a move to get the European Commission (EC)’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing lifted.
HCM City to complete 183km of metro routes by 2035

HCM City to complete 183km of metro routes by 2035

HCM CITY — HCM City is striving to complete about 183 kilometres of six metro routes by 2035.
Railway sector gets creative to attract passengers

Railway sector gets creative to attract passengers

HÀ NỘI — With recent increases in the price of flights, many domestic travellers have chosen to take the train and to build on that popularity whilst the railway sector has been making efforts to improve service quality.
Việt Nam’s largest high-speed ship service from HCM City to Côn Đảo launched

Việt Nam’s largest high-speed ship service from HCM City to Côn Đảo launched

HCM CITY — A new high-speed boat service between HCM City and Côn Đảo Island off the southern province Bà Rịa - Vũng Tàu was launched on Monday to meet the rising tourism demand.
Branding essential for leverage of FTA opportunities

Branding essential for leverage of FTA opportunities

(VEN) - Despite Vietnam’s impressive export growth rate to FTA markets, the market share of Vietnamese goods in those countries remains very modest. One of the reasons for that is most export products have not built their own brands.
Vietnamese agricultural products to take part in Foodservice Australia 2024

Vietnamese agricultural products to take part in Foodservice Australia 2024

Brands are looking to increase their presence in the country and to further integrate with local distribution channels.
PV GAS launches Month of Workers

PV GAS launches Month of Workers

(VEN) - On May 4, in Vung Tau City, the PetroVietnam Gas Joint Stock Corporation (PV GAS) organized a ceremony launching the Month of Workers and the Action Month for Occupational Safety and Hygiene in 2024.
National Brand Program promotes prestigious Vietnam

National Brand Program promotes prestigious Vietnam

(VEN) - After 20 years of implementation, the Vietnam National Brand Program has significantly supported businesses in promoting production, business and export activities, contributing to building Vietnam as a prestigious country with high quality goods and services.
tcty-dau-khi-vn-pv-power-2022
Royal antiques presented at metaverse exhibition

Royal antiques presented at metaverse exhibition

Ten significant antique objects from the Nguyễn Dynasty (1802–1945), the last Vietnamese dynasty have been digitally identified to be presented in 360-degree vision and full sharpness.
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing

Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing

The Ministry of Culture, Sports and Tourism has issued a plan to support the study, restoration, and preservation of ethnic minorities’ intangible cultures which are at risk of falling into oblivion.
The Hải Phòng Red Flamboyant Festival celebrated the city

The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status

The Cát Bà Archipelago in Hải Phòng City and the Hạ Long Bay, in the neighbouring province of Quảng Ninh, is Việt Nam's first inter-provincial site listed by UNESCO as a World Heritage Site.
Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List

Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List

The urns received unanimous votes by all 23 member countries.
Tourism sector goes green for sustainable development

Tourism sector goes green for sustainable development

(VEN) - Vietnam has gradually implemented green tourism, focusing on rational exploitation and uses of natural resources to limit negative impacts on the living environment.
Sustainability plays significant role in choices of travellers

Sustainability plays significant role in choices of travellers

Sustainability plays a significant role in the decision-making process of Vietnamese travellers when selecting destinations for their upcoming vacations, experts said.
Vietnamese tourism information centre opened in India

Vietnamese tourism information centre opened in India

The national flag carrier Vietnam Airlines and its partners on May 16 inaugurated a Vietnamese tourism information centre in India.
Mysterious

Mysterious 'floating' lake discovered in Quảng Bình

A mysterious lake has been discovered in the Thung Cave within the World’s Natural Heritage Phong Nha-Kẻ Bàng National Park in the central province of Quảng Bình.
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