Việt Nam News

HCM City's Sài Gòn Hi-Tech Park (SHTP) and German technology company Siemens Electronic Design Automation Pte Ltd signed a memorandum of understanding on Tuesday (February 27) to strengthen cooperation in human resource training for the semiconductor industry in Việt Nam.

The two narrow-body aircraft, C919 and ARJ21, landed at Vân Đồn International Airport in the province one day earlier for their showcase and demonstration at the Comac Airshow.

Aside from investment and business activities, Chinese enterprises should also increase sharing experience with and transferring technology to Vietnamese partners so as to boost win-win cooperation, Deputy Prime Minister Trần Hồng Hà said.

The 110 projects of Việt Nam and their registered value of over $3.7 billion in the Lao and Cambodian provinces in the Triangle account for more than 24 per cent and 44 per cent of Việt Nam's total projects and investment value in the other two countries, respectively

In the first two months this year, HCM City, Bà Rịa-Vũng Tàu and Hải Phòng recorded the highest growth in the country, with average yearly increases of 43-53 per cent.

Lao investors will offer to sell over 682 MW of wind power before 2025 while the remaining amount will be delivered after this period, the MoIT said.

Eight businesses will receive investment licences from the province.

Vietjet cabin crews, attired in their signature red and yellow uniforms, designed by European designers and inspired by Vietnamese military cadet uniforms, exuded a professional presence as they participated in various exhibition activities and represented the airline during important partnership signings at the Asian biggest airshow.

Over the years, businesses have focused on brand development, creating higher value in export orders and establishing a solid position in the domestic market with "Made in Vietnam" products gaining a strong foothold and winning over consumers in foreign markets.

Only a few small companies reported year-on-year growth in net profits for the whole year.

Domestic enterprises are suggested taking advantage of global supply chain shifts as Việt Nam is emerging as an attractive investment destination for global investors.

As SBV regulations cap this ratio at 30 per cent, the group of joint stock commercial banks has been under great pressure to restructure their capital sources and outstanding loans to meet the SBV’s prescribed ratio.

Although consumption during the recent Tết (Lunar New Year) holiday did not grow as expected, some positive signs are creating excitement for businesses.

The current robust development of digital technology, including artificial intelligence, has been providing Việt Nam's economy with ample opportunities for growth, improved competitiveness, quality of products and services and production.

This comes after random inspections carried out by the Korean Ministry of Food and Drug Safety (MFDS) on imported mango products being sold in the Korean market in January, including those from Việt Nam and the Philippines, found pesticide residue levels exceeding allowed levels.

Authorities of northern Hải Dương province hosted a local reception on February 26 for a delegation from the Republic of Korea (RoK)’s Suwon city.

Siemens has effectively collaborated with the nation in many areas, especially renewable energy and transport.

By placing a cap on total emissions and allowing companies to buy and sell allowances, ETS introduces economic incentives for businesses to reduce their emissions efficiently.