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Posts Tagged ‘popular’

Popular foreign singer to perform in Vietnam

In Uncategorized on November 14, 2010 at 12:59 am

HCMC: hi-tech industry popular with investors

In Uncategorized on October 19, 2010 at 8:10 pm




HCMC: hi-tech industry popular with investors


QĐND – Tuesday, October 19, 2010, 22:15 (GMT+7)

Many world leading hi-tech groups such as Intel from the US , Nidec from Japan and German based multi-national Bosch are increasing the scale of their investment in Ho Chi Minh City , an indication of how attractive the hi-tech industry has become to investors.


Intel Vietnam said it would officially inaugurate the first phase of its largest global micro-chip plant, with an investment capital of 1 billion USD, at the Ho Chi Minh City Hi-tech Zone later this month.


The first batch of Intel chips worth 120 million USD is expected to be exported later this year.


Also in October, Bosch Vietnam will have its software research and production centre in Ho Chi Minh City up and running, the company’s second major production facility in the Asia-Pacific region.


According to Bosch Vietnam ’s Managing Director Vo Quang Hue, by the end of this year, the company will have begun the first phase of a 24 million USD auto-parts factory in Long Thanh district, Dong Nai. It also plans to inject an additional 30 million VND to finish the factory by 2015.


Vietnam is now the only Southeast Asian market where Bosch are involved in all three stages, research, production and sales.


Despite operating four projects in HCM City , with a combined investment of nearly 500 million USD, Nidec President Nagomori Shigennobu still says his company will continue with its investment, research and development activities in the HCM City Hi-tech Zone, as well as call on its Japanese partners to invest more in this field.


According to the General Secretary of the Vietnam Electronics Businesses Association Tran Quang Hung, the presence of foreign groups in the hi-tech industry creates opportunities for Vietnamese workers to learn and improve their skills and gradually expand the number of subsidiaries producing components for overseas companies in the next 5-10 years.


Many small and medium sized Vietnamese companies investing in the hi-tech industry could also become partners of foreign groups to manufacture spare parts and help to improve the country’s competitiveness in this sector, he added.


Vietnam has several advantages over other regional countries, such as cheap labour costs and a convenient location for transporting goods to other markets in the Asia-Pacific region, said Hue, adding that in order to develop its hi-tech industry, the country should define itself as a destination for large manufacturers.


Source: VNA


Source: QDND

War Remnants Museum ranked in the top 10 Most Popular Tourist Attractions

In Uncategorized on July 15, 2010 at 1:06 pm

The War Remnants Museum was voted as one of 10 Most Popular Ho Chi Minh City tourist attractions by local and foreign visitors in the “Ho Chi Minh City–100 Excitements” program, launched last year by the HCMC Department of Culture, Sport and Tourism.

Visitors contemplate pictures exhibited at the War Remnants Museum. (Photo: SGGP)

In the first six months of this year, three exhibitions including “Vietnam rising 35 years after war,” “President Ho Chi Minh’s aspiration for peace” and “War and Peace” was held at the museum and attracted 227,241 visitors, representing a year-on-year increase of 17.33 percent.


Among them, there were 169,248 foreign tourists and 57,993 domestic travelers. The museum’s management board also organized five mobile displays to serve thousands of teachers, students and visitors in Ho Chi Minh City and neighboring provinces.


The museum received delegations from Algeria, Slovakia, Bangladesh, India, Thailand, Australia, the UK, the US, Germany, Denmark and more.


Opened in September 1975, the War Remnants Museum displays shocking evidence of atrocities committed by the foreign aggressors during Vietnam’s two wars of national liberation.


Exhibits include collection of American weapons; model of the notorious tiger cages where Vietnamese revolutionaries were kept; photographs that illustrate the effect of Agent Orange and other chemical defoliant sprays, napalm and phosphorus bombs had on the Vietnamese people and land.

Source: SGGP

Int’l summer youth program popular, extended

In Uncategorized on June 23, 2010 at 12:36 pm

Kids taking part in the course will be  exposed to a wide variety of activities such as painting, singing, chanting, dancing, storytelling and playing educational games.( Photo: Courtesy of SEAMEO)

The Summer Fun program launched in Ho Chi Minh City by the Southeast Asian Ministers of Education Organization earlier this monrh was such a resounding success that a sequel program will be held next month.


This special two-week English course is designed for children from seven to fifteen years old.


The program aims to enable students to develop their English language skills in an interactive and, most importantly, fun environment, organizers said.


The children will be exposed to a wide variety of activities such as painting, singing, chanting, dancing, storytelling and playing educational games.


At the same time, students would have the opportunity to interact with foreign teachers from a diverse range of cultural backgrounds – America, England, Australia, and Scotland. Teachers help students improve their knowledge and understanding of foreign cultures, values and people of these countries.


The second Summer Fun program will be held July 5-16 at 35 Le Thanh Ton St, District 1, Ho Chi Minh City.

Source: SGGP

Binh Duong popular with Japanese investors

In Uncategorized on June 18, 2010 at 4:28 pm




Binh Duong popular with Japanese investors


QĐND – Friday, June 18, 2010, 20:47 (GMT+7)

The southern province of Binh Duong has become a “popular destination” for foreign investors, particularly those from Japan, commented Ikuo Mizuki , Japan’s Consul General in Ho Chi Minh City.


His countryman, Hirota Nakanishi from the Japanese External Trade Organisation (JETRO) agreed with him and added that Binh Duong’s administrative agencies, its infrastructure and the local human resources all meet the strict requirements demanded by foreign investors.


The strong growth of Japanese investment in the province in the recent past indicates that Japanese investors are more than satisfied with the southern economic hub.


Amongst the 1,940 investment projects in Binh Duong, worth a total of 13 billion USD, 150 of them are Japanese, accounting for 1.4 billion USD.


According to the provincial Department of Planning and Investment, the investment flow from Japan into the province is still rising, and the projects are getting bigger and bigger.


Noteworthy is the Kubota Vietnam project that manufactures ploughs and combine harvesters. Another remarkable project is Kirin Acecook’s 60 million USD factory that produces fruit juice. It is also the first beverage plant to introduce aseptic technology in Vietnam.


It is a good idea to invest in Binh Duong, said Kirin Acecook’s General Director Munechika Yokomizo, before praising the short time it takes to get licensed in the province.


In an effort to facilitate overseas investors, the Chairman of the provincial People’s Committee Nguyen Hoang Son, said that his province is upgrading its infrastructure, especially in industrial zones as well as reforming its administrative procedures.


Binh Duong attracted more than 2 billion USD in foreign direct investment (FDI) last year and Son predicted that this year’s figure will be much higher.


Source: VNA


Source: QDND

Popular US jazz singer comes to Hanoi

In Uncategorized on June 3, 2010 at 10:08 am

American jazz singer Andromeda Turre visits Vietnam to perform at the Sofitel Metropole of Ha Noi from June 2 to August 31.

Andromeda Turre, a popular US jazz singer, was born in 1981 in New York. Her parents, Akua and Steve Turre are also popular artists in the US, who introduced her to the piano at the early age of five. Later, she would perform along side world-famous vocalist Ray Charles.

Andromeda Turre is not only a jazz singer, but also a professional dancer and actress who has performed in a play by directed by Woody Allen.

Her first album titled, “Introducing Andromeda Turre,” was nominated for a Grammy Award in 2008 for Best Vocal Jazz Album.

Tokyo Disney featured her for 14 weeks as the “Queen of the Blues.”

Turre’s three-month-long appearance in Hanoi begins at 8:45 pm at Le Club, where she will be performing Tuesday through Sunday.

Source: SGGP

ATM cards more popular but number of users limited

In Uncategorized on October 13, 2008 at 12:51 pm

The number of Vietnamese using debit and credit cards has grown to 900,000, or only one percent of the country’s population, according to VISA International.

The popularity of the cards in Vietnam, however, has soared in the past 10 years, as the country’s economic growth rate averaged 7 percent each year, with a record 8.44 percent growth last year.

The cards are used in the increasing number of shopping malls that carry luxury or world-class brands of consumer goods.

The number of card holders is much higher in other Asian countries, with 5 million in Malaysia or 20 percent of the population, and 3.08 million or 68.5 percent in Singapore.

In Thailand, 6.9 million or 10.6 percent of the population, hold cards, according to Truong Minh Ha, VISA International’s chief representative in Indochina area.

Hong Kong has one of Asia’s highest percentages, with multiple cards owned by individuals. The number of cards is double the territory’s population.

Still, most Vietnamese continue to make cash payments and the number of salaries paid via a bank account are still modest, according to Trinh Thuong Thuc, head of credit of Vietcombank’s HCM City branch.

Deputy General Director of East Asia Bank (EAB), Phung Duy Khuong, said that many people still thought that payment cards were only for those in a higher-income bracket and those who frequently travelled abroad.

Contributing to the problem were banks; weak regulations on loans and excessive amount of time spent on loan collections. Banks were still hesitant to issue cards for fear or risks, Thu said.

Ha, however, said bank’s had sufficient foreign currency exchange fees, service fees, and mortgaged assets, more than many other countries.

There are 22 banks’ participating in the VISA payment system, with 10,000 Point of Sale terminals (POS) at shops nationwide.

About 50 percent of banks charge fees for purchase made with credit or debit cards, while only 10 percent do so in Cambodia , leading to more infrequent use in Vietnam.

High services fees for card payments also account for the decline in the number of foreign tourists in Vietnam, according to Ha.

Nguyen Tu Anh, general director of SmartLink Card Service Co., said Vietnam’s personal database procedures on card issuance were not working well.

Banks had not identified the right customers, she said.

Some customers who qualify have low demand for the cards, while others who have high demand can only receive a card with a secured deposit paid in advance.

Banks should improve their marketing strategies so that consumers understand payment cards’ benefits, Khuong said.

More card alliance should be established and more POS should be installed throughout the country, Khuong said, adding that bonus point accumulation and service fee cuts should also be offered.-