U23 vit nam

Cars imported from ASEAN countries via Hiệp Phước port in HCM City. Photo vietnamnet.vn HÀ NỘI — Việt Nam spent US$213 million importing cars in January, a 34.3 per cent drop compared to the previous month, reports the General Department of Customs. The main markets are Thailand with 4,341 units, China (1,463 units) and Indonesia (1,437 units), accounting for 87 per cent of the country’s total imported cars. Nine-seater passenger vehicles or passenger cars of under nine seats are 5,203 units worth nearly $102 million, accounting for 62.4 per cent. The number of vehicles with less than nine seats imported dropped by 27.4 per cent in January or a decrease of 1,965 units compared to December 2020. For transport vehicles, the import volume stood at 2,230 units worth $60.6 million, down 48.6 per cent in volume and 40.9 per cent in value compared to December. January also saw an import volume of 907 special use vehicles valued at $50 million. Of this figure, 736 units … [Read more...] about Việt Nam’s automobile imports slow in January

SCG headquarters in Bang Sue District, Bangkok, Thailand. — Photo courtesy of SCG HÀ NỘI — After buying Duy Tân Plastic Corporation, Thailand’s Siam Cement Group (SCG) is cementing its domination of Việt Nam’s plastic production industry. Under the contract signed on February 9 via a virtual conference, Duy Tân will sell 70 per cent of its shares in five of total twenty-two subsidiary companies, including Duy Tân Plastic Manufacturing Corporation and Duy Tân Long An Corporation, to SCG’s SCG Packaging, Duy Tân said. Duy Tân Plastic is a leading company in the plastic goods market in Việt Nam with revenue of VNĐ4.7 trillion in 2020. It has nearly 1,000 commodities units and 16,000 distribution agents across the country. The company’s annual capacity reaches 116,000 tonnes of hard plastic packaging and plastic goods. SCG, Thailand’s largest cement producer, will buy the stakes over three years, starting from 2021. The deal takes a long time as it is based on business results, … [Read more...] about Thai conglomerate SCG now dominates Việt Nam’s plastic production industry

Nguyen Thanh Nam has been leading tours in Da Nang for more than a decade and he says most tourists cannot help but be amazed at the beautiful nature of Nam O Reef. “The reefs combine with beautiful sand, clear blue seawater, and green trees to become a must-visit destination for nature lovers when coming to Da Nang,” said Nam. “During spring, when the tide recedes, rocks of different shapes and sizes reveal they are covered with green moss. They look so beautiful, just like green pearls." Born in Da Nang and spending his childhood living near the reef, Nam has been coming to the place since it was just a pristine beach where fishermen in Nam O village made their living. “The name can be referred to as 'The beach located in the south of Chau O', it also means 'southern gate',” said the 35-year-old tour guide. “Nam O Reef is about 500m long jutting out into the sea with a dense layer of rock hidden under the cool blue seawater. There are many rock layers, stacked to form many … [Read more...] about Nam O Reef, the green pearl of Da Nang

A wind farm of Trung Nam Group in Ninh Thuan Province in the central region of Viet Nam. The country aims to have 44 per cent of its power from renewable energy. — Photo courtesy of Trung Nam Group Viet Nam needs about $128.3 billion of investment capital to develop its electricity industry in 2021-2030, according to draft electricity planning released by the Ministry of Industry and Trade (MoIT). On February 9, the MoIT issued a draft national electricity development planning project for 2021-2030, with a vision to 2045 or the power master plan VIII and asked other ministries and agencies to contribute their ideas. With forecasts that Viet Nam's GDP growth will reach an average of 6.6 per cent per year in 2031-2045 and 5.7 per cent per year in 2031-2045, the MoIT forecast the supply of commercial electricity to reach 491 billion kWh by 2030, and 877 billion kWh by 2045. The draft expected by 2030, the total installed capacity of electricity sources in the country would reach … [Read more...] about Viet Nam needs more than $128 billion to develop electricity in the next nine years

Nguyễn Thị Thu Nhi trains at the Cocky Buffalo club in HCM City to prepare for her WBO title fight in April. Photo courtesy of Cocky Buffalo Boxing Thanh Hà HÀ NỘI — Nguyễn Thị Thu Nhi will have to wait till April for her chance to become the first Vietnamese world female boxing champion after her fight was delayed. Instead of being dismayed, the pint-sized boxer has taken the delay as an opportunity to sharpen her technique to prepare for her date with destiny. The World Boxing Organization (WBO) agreed to move the mini flyweight (48kg) title defence between Thu and Japanese boxer Etsuko Tada to April, about two months after it was scheduled to be held. The delay was needed as Tada could not travel to Việt Nam in February due to the COVID-19 pandemic. It was the second time that the bout was postponed after being originally scheduled for last April in South Korea. “It is sad that it was delayed again while I am in good mood and preparing well for it,” … [Read more...] about Boxer Nhi gears up for her world title shot