Day: July 14, 2021

Toyota Motor Vietnam (TMV) supplied to the market 19,678 automobiles in the first six months of 2021, up 16 percent over the same period last year, the firm has announced.

The result brought the cumulate production of the Japanese firm to 593,770 vehicles of all kinds.

In the January – June period, the sales of Toyota Vietnam reached 29,857 units (including Lexus model). Especially, Vios maintains the No. 1 position in segment B. Besides, the imported Corolla Cross model was also among best-sellers with 11,575 units sold after nearly 11 months since its debut in Vietnam.

Although affected by COVID-19, TMV still ensured export of parts and components with turnover of 33.9 million USD, up 64 percent compared to the same period in 2020. In addition, Toyota Vietnam contributed to the national budget over 399 million USD.

Besides, Toyota Motor Vietnam has donated 10 billion VND to the national COVID-19 vaccine fund and provided a real-time PCR system for COVID-19 testing worth 1,57 billion VND for Vinh Phuc province.

The firm’s agents nationwide also donated over 2 billion VND to the national COVID-19 vaccine fund.

In addition, Toyota has joined hands with Ministry of Natural Resources and Environment to organise a tree planting programme in response to the action month for the environment, towards the government’s direction of 1 billion tree project in Chu Van An Park in Hanoi./.

Source: Vietnam News Agency

The northern province of Vinh Phuc recorded a decade-high economic growth rate in the first six months of this year, despite difficulties caused by the impacts of the COVID-19 pandemic, according to the provincial Statistics Office.

At a press conference at the end of June, the provincial Statistics Office reported that the first-half Gross Regional Domestic Product (GRDP) of Vinh Phuc rose 14.21 percent from the same period last year.

There were also many bright spots in the socio-economic picture of the province, the office said, attributing them to the involvement of the entire political system and the support of the people and the business community.

As of June 28, budget collection in Vinh Phuc totaled 19.25 trillion VND (836 million USD), a surge of 35.18 percent on a yearly basis. Meanwhile, budget spending stood at over 10.47 trillion VND, up 6.26 percent year-on-year.

The flow of foreign direct investment (FDI) capital into the province also saw a strong increase in the 6-month period, with 177.64 million USD poured into 29 projects. Meanwhile, 10 domestic investment projects were licensed, with over 7.5 trillion VND worth of total registered capital.

It is noteworthy that 245 enterprises resumed operation in the reviewed period, up 56.05 percent from the same period last year, while 560 new enterprises were set up.

Regarding employment, 6,880 labourers found job in the six months.

Most production and business activities in urban areas in Vinh Phuc have gradually recovered and even expanded. The provincial administration has created favourable conditions for local enterprises, particularly those in industrial parks, to early stabilize production and continue to create jobs as well as income for local residents.

Vinh Phuc is now home to more than 400 FDI enterprises with total registered capital of over 5.7 billion USD. Those enterprises employ around 100,000 workers and unskilled labourers with average monthly income of 7 – 8 million VND.

The provincial administration has appealed to enterprises in industrial parks to join hand with the local authorities to overcome difficulties amid the COVID-19 pandemic, maintain stable production – business activities and pay attention to workers’ life./.

Source: Vietnam News Agency

Ford Ranger pickup trucks are being locally assembled at its facility in the northern province of Hai Duong and will be available for delivery on July 15.

Currently, all Ford Ranger vehicles running in Vietnam are imported.

The launch aims to mark the completion of the Ford Hai Duong expansion project’s first phase which started in January last year.

On January 14, Ford Vietnam announced it would invest an additional 82 million USD into expanding its Hai Duong automobile assembly and production factory.

This move brings Ford’s total investment in Vietnam to more than 200 million USD.

The factory is being expanded by more than 60,000 square metres, raising the total area to 226,000 square metres. The factory will assemble and manufacture various models of cars and spare parts, as well as provide maintenance and repair services.

The additional investment helps increase the factory’s annual output to 40,000 units from the current 14,000.

The two-phase project is due for completion by the middle of 2022.

According to Ford Vietnam, it had decided to expand production in the country as it saw stable and increasing demand for Ford vehicles, and had an optimistic forecast for the future development of the Vietnamese automobile industry.

Ranger is the key product of Ford Vietnam, remaining in the top 10 best-selling vehicles in the country for months. Local sales of Ford Ranger reached 754 in June, bringing the total units sold in the first half of 2021 to 6,912./.

Source: Vietnam News Agency

The Vietnam visit on July 13 by Australian Minister for Trade, Tourism and Investment Dan Tehan showed that Australia is prioritising economic ties with Vietnam as their strategic partnership is growing strongly and practically in various areas, especially in economy, trade and investment, an Australian expert has commented.

Talking with the Vietnam News Agency (VNA)’s reporter in Sydney, Kyle Springer from the Western Australia-based Perth USAsia Centre, said the visit will activate cooperation frameworks to which both countries are members such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP), as well as cooperation deals between their localities.

He said a number of Australian firms are studying import-export activities with Vietnam as well as investment opportunities and formation of joint ventures.

According to the expert, the Australian Government has recently funded 2.5 million AUD (nearly 2 million USD) for tens of projects to increase business opportunities and enhance cooperative ties between firms of the two countries in diverse areas, from agriculture to education, digital technology, and supply chain of small and medium-sized enterprises.

In the first half of this year, two-way trade soared by over 40 percent year-on-year. During meetings with the minister, Vietnamese leaders wished that Vietnam’s shrimp meatballs and passion fruits would be exported to Australia while Vietnam also wants to import coal, iron and steel, ore and rare earth from the country.

Springer suggested that within the frameworks of the CPTPP and RCEP, the two countries could develop a rare earth supply chain, under which Australia will exploit and process while Vietnam will create end-products.

Western Australia’s authorities also expect to launch a direct flight between Perth and Vietnam to facilitate travelling and trade once the COVID-19 pandemic is pushed back, he added./.

Source: Vietnam News Agency

The national women’s football team will gather from July 17 to prepare for the 2022 AFC Women’s Asian Cup qualifiers with 34 players, according to the Vietnam Football Federation (VFF).

Football clubs of Ho Chi Minh City, Hanoi and Than Khoang San Vietnam each have nine players, while the rest are from Ha Nam, Son La and Thai Nguyen.

All members will test for COVID-19 before joining the first training session slated later on the same day.

Matches of the qualifiers will take place from September 13-25 this year in centralised venues.

Of note, French fitness instructor Cedric Serge Christian Roger will be one of the team’s coaches this time as he has recently inked a two-year contract with the VFF.

Roger officially began his job on July 1, with an aim to improve stamina of the footballers, towards major tournaments such as the 2022 Women’s Asian Cup and 2023 FIFA Women’s World Cup.

He has been working at the PVF youth football training academy since May 2018 as an assistant to the technical director and a fitness coach. He is among the partners of the current U19 national team coach Philippe Troussier at the Vietnam’s U17, U19 and U20 squads./.

Source: Vietnam News Agency

A send-off ceremony was held in Hanoi on July 13 for the sports delegation of Vietnam to the Tokyo 2020 Olympics, slated for July 23 – August 8.

The delegation, set to leave for Tokyo (Japan) on late July 18, consists of 43 members led by Deputy General Director of the Vietnam Sports Administration Tran Duc Phan.

They comprise 25 officials, coaches, and experts, along with 18 athletes in 11 sports, namely Nguyen Huy Hoang and Nguyen Thi Anh Vien (swimming), Thach Kim Tuan and Hoang Thi Duyen (weightlifting), Nguyen Thi Thanh Thuy (judo), Hoang Xuan Vinh (shooting), Nguyen Tien Minh and Nguyen Thuy Linh (badminton), Nguyen Thi Tam and Nguyen Van Duong (boxing), Le Thanh Tung and Dinh Phuong Thanh (gymnastics), Truong Thi Kim Tuyen (taekwondo), Do Thi Anh Nguyet and Nguyen Hoang Phi Vu (archery), Quach Thi Lan (athletics), and Luong Thi Thao and Dinh Thi Hao (rowing).

All the members have been injected with the required two doses of COVID-19 vaccine, and they will be tested twice within 72 hours prior to the departure.

Head of the delegation Phan said the athletes will strive to achieve the best possible results, adding that the Olympics is also an occasion to evaluate the recent development of the Vietnamese sports and to identify the targets and focal tasks for the time ahead. He pledged that the delegation will sustain solidarity and discipline to turn every challenge into momentum to show the best performance and obtain glory for the Fatherland.

They will also comply with the organisers’ anti-pandemic rules and help strengthen Vietnam’s solidarity, friendship, and cooperation with international friends, the official added.

Applauding efforts by the delegation members, Deputy Prime Minister Pham Binh Minh said the Olympics is a fierce sports arena gathering a large number of the world’s leading athletes.

He expressed his hope that the athletes will show their strongest determination in competitions. Each member should also truly be a goodwill ambassador to help introduce Vietnam’s culture and hospitality via the Olympics.

With their serious and thorough preparations, resolve and efforts, the delegation will attain the best possible results at the games, the Deputy PM added.

At the Rio 2016 Olympics in Brazil, Vietnam bagged one gold and one silver for the first time in an Olympics thanks to marksman Hoang Xuan Vinh./.

Source: Vietnam News Agency