VinFast returns to Paris Motor Show 2022

Four years after its global debut at the 2018 Paris Motor Show, VinFast, a subsidiary automaker of Vietnamese conglomerate Vingroup, has announced its return with brand-new positioning as Vietnam’s first and only global smart EV maker, marking its significant leap on the journey toward sustainable mobility.

 

For the first time, VinFast will officially introduce the premium electric vehicle line-up covering from segment B to E to the French market, it said on October 7.

 

VinFast will bring to the 2022 Paris Motor Show (PMS), to take pace from October 17-13, four models VF 6, VF 7, VF 8, and VF 9. This is the first time the automaker has officially introduced these electric vehicle models to the French market.

 

In particular, the VF 6 and VF 7, respectively belonging to Segment B and Segment C, are two models jointly designed by VinFast and Torino Design. The Pininfarina-designed VF 8 and VF 9 are the first two electric SUV models to be launched in the global market. The four all-electric models will come with a 10-year warranty, one of the leading warranty policies on the market.

 

In addition to electric passenger vehicles, in just 4 years, VinFast has developed a comprehensive ecosystem of electrified mobility covering sustainable energy solutions, electric buses, scooters, and cars. The current electric vehicle line-up has five models including VF 5, VF 6, VF 7, VF 8, VF 9 covering Segments A to E.

 

Le Thi Thu Thuy – Vice Chairwoman of Vingroup and Global CEO of VinFast – said: “VinFast is proud to return to the 2022 Paris Motor Show to prove that Vietnam is not only capable of making cars but also making a great leap toward the electrified revolution.”

 

The first 100 VF 8s were recently delivered to VinFirst customers in Vietnam. Approximately 5,000 VF 8s are expected to be handed to customers in international markets later this year./.

 

Source: Vietnam News Agency

Afternoon briefing on October 7

The following is a brief review of the day’s events as reported by the Vietnam News Agency on October 7.

 

– Religions have never had such favourable conditions for their activities in Vietnam like now, Deputy Minister of Home Affairs Vu Chien Thang stressed in a recent writing.

 

The official noted respecting the freedom of belief and religion is a consistent policy of the Vietnamese Party and State and has been institutionalised in the legal system, as it is one of the fundamental rights of the people and enshrine in the Constitution from the 1946 version to the 2013 one. Read full story

 

– Permanent Deputy Prime Minister Pham Binh Minh has affirmed that Vietnam is keen on promoting partnership among localities of Vietnam and Japan, considering it as a substantial and effective cooperation channel for both sides to beef up bilateral ties in various fields.

 

In a reception for Vice Governor of Japan’s Wakayama Prefecture Shimo Hiroshi in Hanoi on October 6, the official highlighted that the Vietnam-Japan extensive strategic partnership is in prime time with high political trust despite impacts of the COVID-19 pandemic, and underlined that Japan has been a leading important economic partner of Vietnam. Read full story

 

– Le Hoai Trung, head of the Party Central Committee’s Commission for External Relations, has suggested Vietnam and Palestine take measures to enhance solidarity, friendship and cooperation between their Parties, States and peoples in the time ahead.

 

At a reception for a delegation of the Palestinian National Liberation Movement (Fatah) led by permanent member of its Central Committee’s Secretariat Jibril Rajoub in Hanoi on October 6, Trung stressed that Vietnam always keeps a close watch on the situation in Palestine. Read full story

 

– Vietnam is trying to tap great potential to increase exports to New Zealand, a promising market where it has won only 1.7% of the local market share, held insiders. Read full story

 

– Hanoi will continue to coordinate with the Ministry of Industry and Trade’s Vietnam E-commerce and Digital Economy Agency (iDEA), Amazon Global Selling Vietnam, and relevant units to support and train businesses in skills on cross-border e-commerce, according to Vice Director of Hanoi Center for Investment, Trade and Tourism Promotion (HPA) Nguyen Thi Mai Anh. Read full story

 

– The northern port city of Hai Phong has become more attractive in the eyes of both domestic and foreign investors thanks to its concerted and modern development of socio-economic fields, transport and urban infrastructure, fair business and investment environment. Read full story

 

– A total of 15 Vietnamese enterprises participated in the M-Tech Osaka 2022 expo on October 5-7 in Osaka, Japan, with the aim of enhancing cooperation and developing technologies in the country. Read full story

 

– Vietnam is placed 48th among 132 economies in the Global Innovation Index 2022. The country also ranks 2nd out of 36 economies in the lower middle-income group, with a performance above expectation for the level of development. Read full story

 

– Vietnam was hit by 988 cyberattacks in the first nine months of this year, according to the National Cyber Security Centre under the Ministry of Information and Communications. The figure represents a rise of 8.9% from August, and 19.9% year-on-year, the centre reported. Read full story

 

– Four years after its global debut at the 2018 Paris Motor Show, VinFast, a subsidiary automaker of Vietnamese conglomerate Vingroup, has announced its return with brand-new positioning as Vietnam’s first and only global smart EV maker, marking its significant leap on the journey toward sustainable mobility.

 

For the first time, VinFast will officially introduce the premium electric vehicle line-up covering from segment B to E to the French market, it said on October 7. Read full story

 

– A project to strengthen sustainable transport for Hanoi’s metro line No.3 was launched in the capital city on October 7, which has an investment of 54.75 million USD, including 48.95 USD from the Asian Development Bank (ADB)’s Clean Technology Fund (CTF). Read full story

 

– A Vietnam Airlines flight en route from Germany to Ho Chi Minh City made an emergency landing at Baku Heydar Aliyev Airport of Azerbaijan on late October 6 to save a German passenger with health problem. Read full story

 

– Bach Ma and Con Dao National Parks have been nominated to become the 54th and 55th ASEAN Heritage Parks at the 33rd ASEAN Senior Officials’ Meeting on the Environment, held in Cambodia from October 3-7. Read full story./

 

Source: Vietnam News Agency

Japanese FM visits Singapore, Malaysia to boost cooperation with ASEAN

Japan’s Foreign Minister Hayashi Yoshimasa is set to visit Singapore and Malaysia from October 7 to 10 to promote cooperation between Japan and the Association of Southeast Asian Nations (ASEAN) in order to realise a free and open Indo-Pacific region.

 

Hayashi will hold talks with his counterparts Vivian Balakrishnan of Singapore and Saifuddin Abdullah of Malaysia.

 

He said the sides will discuss the strengthening of their partnership towards realising a free and open Indo-Pacific region and deepen bilateral cooperation in many areas, such as economy, national security and people-to-people exchanges.

 

As reported by Japan’s Kyodo News Agency, the visit seeks the two Southeast Asian nations’ cooperation in maintaining the international rules-based order in opposition to any unilateral attempts to alter the status quo in the region.

 

The Japanese FM is also expected to tell his counterparts that Japan will drop its anti-pandemic travel restrictions starting on October 11 to promote the cross-border movement of people, including tourists./.

 

Source: Vietnam News Agency

 

Party Central Committee continues 6th plenum

The 13th Party Central Committee continued its 6th meeting on October 7 with the plenary session in the morning being moderated by Politburo member and Prime Minister Pham Minh Chinh.

 

Delegates mulled over the 2022 socio-economic performance and State budget reports, the socio-economic development plan and State budget estimates for 2023, and the budget finance plan for 2023-2025.

 

In the afternoon, the delegates worked in groups discussing orientations to the national master plan for the 2021-2030 period, with a vision to 2050.

 

Later, the Politburo convened a meeting to give opinions on the collection and explanation of the Party Central Committee’s feedback on a project on continuing to build and perfect the law-governed socialist State in the new period; a project on reviewing the 15-year implementation of a resolution adopted by the 10th Party Central Committee’s fifth plenum on continuing to renew the Party leadership over activities of the political system, and another on continuing to promote the country’s industrialistion and modernisation./.

 

Source: Vietnam News Agency

Malaysia’s 2023 budget focuses on economic recovery

Malaysian Finance Minister Tengku Abdul Aziz on October 7 submitted the draft State budget 2023 to the legislature, which allocates 372.3 billion RM (81 billion USD) to the economy, up from 332 billion RM in 2022 and 322 billion RM in 2021.

 

Up to 43.3% of the sum has been earmarked for the ministries of finance, education and health.

 

Notably, the Government also allocated cash aid to the low-income households and individuals.

 

The 2023 budget will also focus on welfare for citizens, businesses and the economy, with an expectation to continue economic recovery following COVID-19 pandemic apart from economic structure reform.

 

Minister Tengku noted that the Malaysian economy grew by 5% in the first quarter and 8.9% in the second quarter. It is expected to continue the solid growth in the third quarter./.

 

Source: Vietnam News Agency

Vietnam always treasures bilateral ties with RoK: PM

Prime Minister Pham Minh Chinh has affirmed that Vietnam always highly values bilateral relations with the Republic of Korea (RoK) and wants to strongly develop the ties between the two countries in a more practical manner.

 

During a reception in Hanoi on October 7 for outgoing RoK Ambassador to Vietnam Park Noh-wan, PM Chinh hailed the diplomat for promoting bilateral economic ties during his three-year tenure in Vietnam, particularly his support for connecting Vietnamese localities with Korean firms and localities, and jointly holding successful dialogues between the Vietnamese PM and the Korean business community to address their difficulties, toward lifting two-way trade to 100 billion USD in 2023 and 150 billion USD by 2030.

 

The RoK now ranks first in terms of direct investment in Vietnam, second in ODA development cooperation and third in trade with the Southeast Asian nation, he stressed.

 

The PM expressed his belief that the two sides will upgrade the bilateral ties to a new height on the occasion of the 30th founding anniversary of diplomatic ties this year to match with the aspirations of their people and contribute to peace, stability, cooperation and development in the region and the world as well.

 

As Vietnam is building an independent, self-reliant and globally-integrated economy, he expected that the RoK would assist Vietnam in training hi-quality workforce, developing core industries, energy transition, green and digital transformation as well as supporting Korean firms in expanding long-term operations in the country, including in electronic chip production.

 

Vietnam will offer all possible support to Korean enterprises in line with the laws in the spirit of harmonising interests and sharing difficulties and risks, he said.

 

The government leader suggested the RoK continue coordinating with the Vietnamese side to well organise high-level visits and people-to-people exchanges, create favourable conditions for the Vietnamese community working and residing in the RoK, and continue supporting Vietnam at international forums and ASEAN’s stance on the East Sea issue.

 

Park, for his part, thanked the Vietnamese Government for assisting enterprises, including Korean businesses, in the country.

 

He said the Korean Government is considering the provision of more quota for Vietnamese guest workers in the RoK. He expressed his hope that Vietnam will continue assisting Korean firms in expanding cooperation in different fields such as digital economy, energy transition and climate change response.

 

The ambassador also vowed to continue backing the promotion of bilateral ties in the near future./.

 

Source: Vietnam News Agency

Condolences extended to Thailand over school shooting

Prime Minister Pham Minh Chinh on October 6 sent a message of condolences to his Thai counterpart Prayut Chan-o-cha over the shooting at a day-care centre in Nongbua Lamphu province that killed and injured tens of people, including many children.

 

The same day, Minister of Foreign Affairs Bui Thanh Son also extended his condolences to Deputy Prime Minister and Minister of Foreign Affairs Don Pramudwinai./.

 

Source: Vietnam News Agency

 

Congratulations sent to new leaders of Nauru

 

President Nguyen Xuan Phuc has cabled a message of congratulations to Russ Joseph Kun on his election as President of the Republic of Nauru.

 

National Assembly Chairman Vuong Dinh Hue also sent his congratulations to Marcus Stephen on his re-election as Speaker of the Parliament of Nauru.

 

On the occasion, Minister of Foreign Affairs Bui Thanh Son also sent a congratulatory message to Joseph Kun on his appointment as Minister for Foreign Affairs of Nauru./.

 

Source: Vietnam News Agency