Day: November 9, 2021

The Government of Thailand has presented medial supplies worth 2.5 million THB (75,000 USD) to help Vietnam in the fight against the COVID-19 pandemic.

A hand-over ceremony was held at the headquarters of the Thai Ministry of Foreign Affairs in Bangkok on November 9.

In his remarks, Permanent Secretary of the Thai ministry Thani Thongphakdi and President of the Thailand-Vietnam Friendship Association Sanan Angubolkul affirmed that Thailand will always stand side by side with Vietnam in difficult times, and expressed a hope that the two countries will soon contain the pandemic and recover their economies.

The donations mirror the long-standing friendship between Vietnam and Thailand as the two countries are celebrating the 45th anniversary of bilateral diplomatic ties, they said.

Vietnamese Ambassador Phan Chi Thanh thanked the Thai side for its valuable and timely support to Vietnam, and affirmed Vietnam’s solidarity with and support for the Thai Government and people in the pandemic combat. Vietnam and Thailand will continue their close coordination in economic recovery after the pandemic, the ambassador stressed.

Apart from the donations, Thai firms investing in Vietnam have also joined hands with the Vietnamese Government in the pandemic fight, raising millions of US dollars in support of the country’s COVID-19 vaccine fund, and presenting medical equipment and necessities to Vietnamese localities.

Notably, the Thai Government has facilitated the export of AstraZeneca COVID-19 vaccine produced in Thailand to Vietnam.

Source: Vietnam News Agency

The launch of made-in-Vietnam satellite NanoDragon has gone into history and marked a new development milestone of Vietnam’s space industry, Vietnamese Ambassador to Japan Vu Hong Nam said following the successful launch on November 9 morning at the Uchinoura Space Centre in Kagoshima prefecture.

This event once again proves that Vietnam can fully master and develop its own space industry, Nam told Vietnam News Agency correspondents in Japan.

He stated that all stages in the manufacturing process of NanaDragon were carried out in Vietnam, demonstrating the development and initiative of Vietnam on the path of gradually mastering satellite manufacturing technology.

Vietnam chose Japan to launch NanoDragon because it is a partner to coordinate and support Vietnam in testing small satellites, he stated, adding that this a symbolic cooperation for the friendship and reliable relationship between the two countries within the framework of the Vietnam-Japan extensive strategic partnership towards the 50th anniversary of establishment of bilateral diplomatic ties in 2023.

The diplomat also expressed his honour to be a representative of the Vietnamese Government to witness the launch at the Uchinoura Space Centre.

At 9:55am (Japan time) on November 9, the fifth Epsilon solid-fuel rocket carrying NanoDragon and eight other small satellites of Japan were successfully launched into outer space.

NanoDragon, a nano-layer cubesat satellite which weighs around four kilogrammes, was developed by the Vietnam National Space Centre (VNSC) under the Vietnam Academy of Science and Technology. The development of the NanoDragon satellite is part of VNSC’s “made in Vietnam” small satellite development roadmap.

It was delivered to Japan on August 11 and tested at the Uchinoura Space Centre from August 16-17 before being officially transferred to the JAXA for launching under the second “Innovative satellite technology demonstration” programme.

Previously, the Japan Aerospace Exploration Agency (JAXA) had to stop launching Epsilon-5 thrice on October 1, October 7 and November 7 due to ground radar issue, and unfavourable weather.

Source: Vietnam News Agency

The fifth Epsilon solid-fuel rocket which carries Vietnam’s NanoDragon and eight other small satellites of Japan, was successfully launched into outer space at 9:55am (Japan time) on November 9.

Previously, the Japan Aerospace Exploration Agency (JAXA) had to stop launching Epsilon-5 thrice on October 1, October 7 and November 7 due to ground radar issue, and unfavourable weather.

Vietnamese Ambassador to Japan Vu Hong Nam, who was present at the Uchinoura Space Centre in Kagoshima prefecture to witness the launch, said: “I was touched when witnessing the moment the Epsilon-5 rocket at the Uchinoura Space Centre was launched, carrying Vietnam’s NanoDragon satellite into outer space”.

This moment has gone into history and marked a new development milestone of Vietnam’s space industry, Nam said.

According to the JAXA, the satellites launched into outer space this time are part of JAXA’s second “Innovative satellite technology demonstration” programme. After about 52 minutes, Epsilon-5 will begin dropping the nine satellites into orbit. NanoDragon is the last satellite to be released into outer space after leaving the ground 1 hour, 11 minutes and 38 seconds.

NanoDragon, a nano-layer cubesat satellite which weighs around four kilogrammes, was developed by the Vietnam National Space Centre (VNSC) under the Vietnam Academy of Science and Technology. The development of the NanoDragon satellite is part of VNSC’s “made in Vietnam” small satellite development roadmap.

It was delivered to Japan on August 11 and tested at the Uchinoura Space Centre from August 16-17 before being officially transferred to the JAXA for launching under the second “Innovative satellite technology demonstration” programme.

Source: Vietnam News Agency

The launch of NanoDragon satellite is a chance for Vietnam to enrich experience, develop personnel, set up a network of suppliers and complete procedures for the development of other “Made-in-Vietnam” satellites in the future, said General Director of the Vietnam National Space Center (VNSC) Pham Anh Tuan.

In an interview granted to the Vietnam News Agency (VNA) on the successful launch of the fifth Epsilon solid-fuel rocket carrying Vietnam’s NanoDragon into outer space at 7:55am (Hanoi time) on November 9, Tuan said that those involving in the manufacturing of NanoDragon have acquired a lot of experience after taking part in two previous projects of PicoDragon and MicroDragon. The research team had received assistance from many domestic agencies and organisations, he noted.

Tuan pointed out a number of difficulties facing Vietnam in this area, including poor infrastructure system and the incomplete system of research and development centres, land stations and satellite testing equipment, along with modest resources for satellite research and manufacturing. Vietnam embarked on research on a number of aerospace science and technology areas in the 1980s, but those in mastering aerospace technologies, especially satellite technologies, have been conducted since 2006, he noted.

The sector is implementing a national key project to build a Vietnam Space Centre with major components such as building technical infrastructure system, training high-quality human resources and receiving the transfer of satellite technologies to create a firm foundation for realising the target of master technologies of designing and manufacturing nanosatellites, which included in the strategy on developing and applying aerospace sciences and technologies until 2030 that has been recently approved by the Prime Minister.

To date, Vietnam has owned six satellites that are operating in the orbit, including two telecommunications, one earth observation and three research satellites. Of those, three were developed by Vietnamese scientists.

NanoDragon satellite successfully separated from Japan’s fifth Epsilon solid-fuel rocket at 9:07 am (Hanoi time), flying in outer space by itself at a height of 560km.

Source: Vietnam News Agency

Vietnam’s NanoDragon satellite successfully separated from Japan’s fifth Epsilon solid-fuel rocket at 11:07 am (Japan time), flying in outer space by itself.

NanoDragon was the last satellite launched into outer space by Epsilon-5, which also carried eight other small satellites of Japan. At 11:30 am, NanoDragon flew over Vietnam’s space for the first time.

Previously, at 9:55 am (local time), Epsilon-5 was successfully launched into outer space from the Uchinoura Space Centre in Japan’s Kagoshima prefecture.

According to the Japan Aerospace Exploration Agency (JAXA), the satellites launched into outer space this time are part of JAXA’s second “Innovative satellite technology demonstration” programme.

NanoDragon, a nano-layer cubesat satellite which weighs around four kilogrammes, was developed by the Vietnam National Space Centre (VNSC) under the Vietnam Academy of Science and Technology. The development of the NanoDragon satellite is part of VNSC’s “made in Vietnam” small satellite development roadmap.

It was delivered to Japan on August 11 and tested at the Uchinoura Space Centre from August 16-17 before being officially transferred to the JAXA for launching.

The VNSC also successfully developed the 1-kg-microsatellite PicoDragon, and the 50-kg satellite MicroDragon, which were launched into orbit in 2013 and 2019, respectively.

Source: Vietnam News Agency

The northern province of Quang Ninh always prioritises calling for investment from and creating the most favourable conditions for investors from Taiwan (China), especially in the fields of processing, manufacturing, electronics and semiconductor industries in its industrial zones.

The statement was made by Chairman of the provincial People’s Committee Nguyen Tuong Van during an online conference on promoting investment in the province on November 9.

Shi Ruiqi, Chief Representative of the Taipei Economic – Cultural Office in Hanoi, highly appreciated the investment environment of Vietnam in general and Quang Ninh in particular, especially in the transport infrastructure system.

He said Quang Ninh is a Vietnamese locality worth being invested in by Taiwanese enterprises, as the province has topped the Provincial Competitiveness Index (PCI) for four consecutive years, and the local authorities have taken the initiative in supporting investors.

With 16 industrial parks, three border gate economic zones and two coastal economic zones, covering a total area of 377,670 ha, Quang Ninh province eexpects to continue attracting Taiwanese investors, particularly in the processing, manufacturing, electronics and semiconductor industries.

In addition, Quang Ninh has high-quality human resources and skilled workers. In 2020, the rate of trained workers is estimated at 85 percent, much higher than the country’s average rate of about 65 percent.

Taiwan has run more than 2,800 investment projects worth over 35 billion USD, ranking fourth among countries and territories pouring capital into Vietnam. There are currently 10 Taiwanese-invested projects worth 138.48 million USD in Quang Ninh province.

Source: Vietnam News Agency

A symposium on new mindset and approach on industrialisation and modernisation to 2030, with a vision until 2045, was organised by the Party Central Committee’s Economic Commission in coordination with relevant agencies in Hanoi on November 9.

This is one of 10 symposiums within the framework of the third Industry 4.0 Summit and Expo themed “Accelerating modernisation and industrialisation in digital era”, which is taking place from November 9 to December 6.

Addressing the event, Vice Chairman of the Party Central Committee’s Economic Commission Nguyen Duc Hien emphasised that Vietnam has set a goal of becoming a developing country with modernity-oriented industry, surpassing the low-middle income level by 2025, and a developing nation with modern industry and high-middle income by 2030.

Vietnam aims to become a developed and high-income country by 2045, he added.

To achieve the above-mentioned goals, one of the key tasks is to promote industrialisation and modernisation on the basis of scientific and technological advances and innovations, Hien stressed.

At the same time, Vietnam needs to identify the context and major trends of industrialisation and modernisation, thus introducing new mindset and approach on industrialisation and modernisation, he noted.

At the symposium, domestic and foreign participants shared and clarified issues about the context and major trends of industrialisation and modernisation in the world as well as international experience in realizing industrialisation and modernisation, and innovation experience to accelerate post-COVID-19 economic recovery.

Source: Vietnam News Agency

The Ministry of Industry and Trade has advised the Government to take drastic actions to improve the role and position of support industry.

Accordingly, the Government’s Decree dated June 4, 2021 supplements several incentives regarding corporate income tax for support industry projects. It benefits firms with new and expansion projects before 2015, or those granted with certificates of incentives for support industrial manufacturing that will receive the highest tax incentives.

At present, support industry firms account for nearly 4.5 percent of those working in manufacturing and processing sector, earning nearly 39.8 million USD and contributing about 11 percent of the total revenue in the sector.

Several domestic spare part manufacturers have been able to meet demand at home and abroad. The domestic capacity of manufacturing support industry products and the rate of domestically-made items in several industries improved.

However, they also exposed shortcomings, such as limited manufacturing and financial ability, the shortage of workforce and technology, low product competitiveness due to high cost and poor quality.

Developing downstream industries is considered important for developing support industry or attracting multinational groups to Vietnam.

Producing and assembling end-products for the domestic support industry will be maintained and expanded, thus laying a foundation for support industry firms to join in the supply chain of end-product makers.

Such requires priority policies such as offering focused assistance, building technical standards to protect domestic manufacturers and consumers, as well as flexible and suitable policies on import tariffs on spare parts.

Source: Vietnam News Agency