Vietnamplus

The northern province of Vinh Phuc has been an ideal destination for investors thanks to its geographical location and preferential policies for investment attraction.

The northern province of Vinh Phuc saw good economic growth in the first nine months of this year with high results in the majority of areas.

The number of newly-established firms in the northern province of Vinh Phuc in the first nine months of this year is estimated at 835, an increase of 8 percent from the same period last year.

Sales of automobiles saw a month-on-month decline of 19 percent to about 21,480 vehicles in August, according to the Vietnam Automobile Manufacturer Association (VAMA).

Toyota Motor Manufacturing Indonesia (TMMIN) announced it will start production of hybrid electric vehicle in 2022 with two models of sport utility vehicles (SUV) and multipurpose vehicles (MPV).

Toyota Motor Corp. has introduced the first hybrid model of its best-selling Corolla Altis sedan in Thailand, Japan’s Kyodo News reported.

The northern province of Vinh Phuc has reaped impressive achievements in attracting foreign direct investment (FDI) over the past three decades, thanks to favourable geographical location and determination to improve business environment.

A film making contest about traffic safety with the theme ‘Drinking Alcohol – Not Driving’ has been launched in Hanoi recently.

A concert featuring Vietnamese and Japanese talents and the National Symphony and Orchestra (VNSO) will begin on August 9 at the Hanoi Opera House.

Japan is one of the four largest importers of Vietnam, only behind China, the Republic of Korea and the US, according to the latest report by the Industry Agency under the Ministry of Industry and Trade.

The robotics market has grown strongly in recent years due to enterprises’ growing demand for automotive solutions to optimise output and save both labour and operational costs.

Renowned Vietnamese and Japanese musicians will take stage at the Toyota Concert 2019, which is scheduled to run in Hanoi, northern Hai Phong city, and Ho Chi Minh City in three nights this August.

The Vietnam Motor Show 2019 (VMS 2019), to be held at the Saigon Exhibition and Convention Centre from October 23-27, will be a chance for local consumers to see latest models from many renowned automobile brands and breakthrough technologies in the industry.

Vietnam has become more attractive to foreign investors than ever before as various freshly-inked new-generation free trade deals, including the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), are expected to facilitate trade and benefit foreign enterprises.

Vietnam encourages high-quality projects invested by Japanese corporations, Prime Minister Nguyen Xuan Phuc said, pledging to organize regular dialogues to tackle difficulties for Japanese investors.

The Toyota Junior Football Programme 2019 for young players aged from 9 to 12 will be held between June 22 and August 11.

Vietnamese automobile manufacturers and distributors had a banner month in May as the sales of car experienced a strong monthly growth of 30 percent following a line-up of promotions and discount programmes.

Despite huge reductions in the price of motor vehicles, car dealerships said sales have been unexpectedly slow in recent weeks.

The Vietnam Automobile Manufacturer Association (VAMA) reported on May 13 that its members sold 21,021 vehicles in April, a decrease of 35 percent against the previous month.

The northern province of Vinh Phuc has exerted various efforts towards international integration, attracting many foreign investors with high technology and helping to boost its socio-economic development.