Companies

(VEN) - Vietnam Economic News’ Viet Nga spoke with Cao Huu Hieu, Executive Director of the Vietnam National Textile and Garment Group (Vinatex) about the impact of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on the textile and garment industry. Vinatex Executive Director Cao Huu Hieu The CPTPP took effect early this year. How has it influenced the textile and garment industry? Production and trading activities of textile and garment enterprises remain quite stable. In the first quarter of this year, textile and garment enterprises exported products worth US$8.7 billion, up 11.3 percent from the same period last year. Fiber enterprises are no longer suffering losses and inventories, gradually reaching a saturation point or starting to make a profit. Most fiber producers have orders for the second quarter of 2019, while many garment enterprises have orders for the third quarter of 2019 or even the remaining months of this year. Canada … [Read more...] about Vinatex encourages self certification of goods origin

(VEN) - Support industries play a vital role in the process of industrialization and modernization, creating a basis for the development of a highly competitive and sustainable industry. However, domestic businesses, especially small- and medium-sized enterprises (SMEs) still lack the needed competitive advantages to promote their development in the era of Industry 4.0. Two events planned for this summer in Hanoi aim to not only help Vietnamese firms sharpen their competitive edge in the domestic and global playing grounds, but also strengthen partnerships between Vietnamese and Japanese firms involved in support industries. To connect providers of machinery and technologies with industrialists, the Reed Tradex Vietnam in coordination with the Japan External Trade Organization (JETRO) and the Vietnam Trade Promotion Agency (VIETRADE) will hold the Vietnam-Japan Supporting Industries Exhibition (SIE 2019) and the Vietnam Manufacturing Expo (VME 2019), which will take place on August … [Read more...] about The big, major challenge of small, medium Vietnamese enterprises

(VEN) - Emirates, one of the world’s most awarded airlines for its industry-leading services, has launched value deals on Business Class fares for a limited time only, to top destinations in Emirates’ global network. The fares are available only from 17 June and until 21 June 2019, for travel from 1 July to 31 August 2019. Return fares start at just 53.169.000 VND, allowing business travellers and holidaymakers to fly across the globe and enjoy premium flight experiences so hurry and book. Fares are inclusive of taxes and fuel surcharges, and are subject to change due to exchange rate fluctuation Emirates believes in making every flight experience extraordinary. By continuously investing in the world’s biggest fleet of Airbus A380s and Boeing 777s, passengers travelling with Emirates fly better with every journey. With door-to-door chauffeur services to and from the airport and luxury airport lounges in select destinations, jet-setters can enjoy … [Read more...] about Fly in Style with Emirates’ Business Class Offers

(VEN) - The Cam Ranh International Airport in the south central coastal province of Khanh Hoa has become the fourth busiest airport in Vietnam in terms of number of handled flights. In recent years, in order to meet the growth of flight operations at the airport, many projects have been implemented and put into use, including International Terminal 2 and application of flight procedures using satellite navigation method. In August 2018, the Vietnam Air Traffic Management Corporation (VATM) established and put into operation an Approach and Tower Control Center at the Cam Ranh International Airport, the fourth Approach and Tower Control Center in Vietnam (the other three are each in Noi Bai, Tan Son Nhat and Da Nang international airports). The Cam Ranh International Airport initially just served military flights and had only one runway. The airport welcomed the first civil flight in 2004 and is now receiving both military and civil flights. Regiment 920 of the Air Force and Brigade … [Read more...] about Cam Ranh International Airport’s Runway 2 put into use

(VEN) - HIMA, the world’s leading specialist in automated safety solutions, makes its foray into the emerging and vibrant Vietnam market. For the first time, HIMA presents and exhibits in Vietnam at the International Society of Automation (ISA) Vietnam 2019, showcasing the HIMA FlexSILon Boiler and Burner Control Systems (BCS) solutions, with a full-sized mock-up of a burner process demonstrating how HIMA optimizes the Air/Fuel ratio for customers. Friedhelm Best, Vice President, Asia Pacific, HIMA delivers a keynote on the HIMA Smart Safety principles and practices "Critical to power generation, processing, manufacturing and chemical plants are the boiler and burner control systems. However, traditional burner controls are often insufficient and out of date in times of increasingly strict safety standards and environmental regulations. A small accident can have catastrophic consequences, endangering human lives, and incurring high costs. With the … [Read more...] about Leading German industrial safety company HIMA debuts in Vietnam

(VEN) - Promoting the export of Vietnamese goods to Japan market, the annual AEON Supplier Conference is now firstly organized in Hanoi by group of AEON Co., Ltd, AEON Vietnam Co., Ltd and AEON TOPVALU Vietnam Co., Ltd. The conference is honored to receive the attendance of the representatives of Vietnam Ministry of Industry and Trade, Hanoi Investment Trade Tourism Promotion Center, Ho Chi Minh Investment and Trade Promotion Center, Association of Vietnam Retail, JICA Vietnam Office, Embassy of Japan, JETRO Hanoi Office and total of 142 valued domestic and foreign suppliers. AEON Supplier Conference is the opportunity to deepen the relationship bonding with its suppliers by connecting and supporting them to generate innovative business ideas and enhancing high quality products to meet increasing demands of domestic consumers and exporting to overseas markets. The annual AEON Supplier Conference consists of 2 main parts: conference section and seminar section. In a conference section, … [Read more...] about AEON hold the first supplier conference in Hanoi

A delegation of the Vietnam National Textile and Garment Group (Vinatex) businesses has visited Canada to promote textile and garment exports to the North American nation under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).  Vinatex General Director Le Tien Truong speaks at the workshop on Vietnam's textile and garment sector amid the CPTPP in Montreal city on May 16 - Photo: VNA The Vinatex held a workshop in Montreal city on May 16, attracting representatives of 35 Canadian enterprises. Theo VNA … [Read more...] about Vinatex moves to foster apparel exports to Canada

(VEN) - The PetroVietnam Gas Joint Stock Corporation (PV Gas) have organized various activities. PV Gas responds to 2019 Workers Month Member units of the PetroVietnam Gas Joint Stock Corporation (PV Gas) have organized various activities in response to the 2019 Workers Month and Occupational Safety and Health Action Month. A Bureau for Safe Work report shows that in 2017 more than 9,000 workplace accidents happened nationwide, causing nearly 1,000 deaths. In 2018, nearly 8,000 workplace accidents caused more than 1,000 deaths. Workplace accident and occupational disease statistics show that the work environment at businesses still presents risks to worker safety. The main reason is that both employers and employees still lack necessary knowledge and skills to identify and assess risks to labor safety and hygiene. Therefore, the 2019 Occupational Safety and Health Action Month was implemented nationwide from May 1-31 under the theme “Enhancing risk assessment and management at … [Read more...] about PV Gas: News

(VEN) - The Vietnam Dairy - International Exhibition of Dairy and Dairy Products, held from May 30 to June 2, 2019 in Ho Chi Minh City by Vietnam Dairy Association (VDA) and VIETFAIR, has brought together more than 100 companies and organizations in dairy industry. As a Sponsor for seminar “Milk and Vietnamese health”, Abbott continues to accompany VDA on the journey of raising awareness of Vietnamese people on critical healthcare issues and furthering its commitment enhancing people health in Vietnam. The highlight of Vietnam Dairy International Exhibition this year is the “Milk and Vietnamese health” conference, which provides key findings and knowledge about the benefits that milk can brings to health and development of people not just baby but all stages of life. Along with that, participants can visit over 200 booths showcasing various products in dairy industry from cow milk production to milk and dairy products. Since 2017, Abbott has been sponsoring for … [Read more...] about Abbott sponsors Vietnam Dairy Fair

The number of newly established enterprises reached nearly 54,000 in the first five months of 2019, which is the highest figure in the last five years, according to the Statistics Office. Newly established enterprises injected VND669.7 trillion (US$28.8 billion) into the economy These enterprises injected VND669.7 trillion (US$28.8 billion) into the economy, up 29.6% over the same period of last year. The total amount of capital poured into the economy would be nearly VND1.7 quadrillion (US$73.1 billion) if an additional VND987.4 trillion (US$42.5 billion) registered by existing companies was included. The number of workers employed by new enterprises in the first five months of 2019 totalled 537,200, up 30.2% over the same period of 2018. The January-May period also saw 19,600 enterprises returning to business, up 48.1% year on year. It is noted that the number of enterprises filing for temporary closure in the first five months was 19,100, up 19.4% compared with the same … [Read more...] about Vietnam’s new businesses hit 5 year high