Page 9 - Vietnam

Indian Navy ship reaches Vietnam's Cam Ranh Bay, visit to strengthen ties

The Indian Naval Ship, INS Kiltan, arrived at Cam Ranh Bay, Vietnam, on Sunday, where it received a warm welcome from the Vietnam People's Navy and the Indian Embassy there.The visit is part of the Operational Deployment of the Indian Navy's Eastern Fleet, and is poised to further bolster the longstanding friendship and cooperation between India and Vietnam, the Indian Navy said."INSKiltan arrived at Cam Ranh Bay, #Vietnam & was welcomed by the Vietnam People's Navy & @AmbHanoi. The visit is part of the Op Deployment of the @IN_EasternFleet & will further strengthen the longstanding friendship & cooperation b/n the two maritime nations. The welcome ceremony was hosted by the #VietnamPeoplesNavy with an interaction with media," the Indian Navy wrote in a post on X.India and Vietnam share a comprehensive strategic partnership. Furthering the ties, the visit by the Indian Naval Ship Kiltan is focused on activities including professional interactions, sports, social

Gaza may be Biden's Vietnam but ready to battle Trump, says Bernie Sanders

In April, Bernie Sanders repeatedly stood shoulder to shoulder with President Joe Biden, promoting their joint accomplishments on health care and climate at formal White House events while eviscerating Donald Trump in a widely viewed campaign TikTok video. Then just last week, Sanders was bluntly warning that the crisis in Gaza could be Biden's Vietnam" and invoking President Lyndon B. Johnson's decision not to run for reelection as the nation was in an uproar over his support of that war. Such is the political dichotomy of Bernie Sanders when it comes to Joe Biden. They are two octogenarians who share a bond that was forged through a hard-fought primary in 2020 and fortified through policy achievements over the last three years. Now, in this election year, Sanders will be Biden's most powerful emissary to progressives and younger voters a task that will test the senator's pull with the sectors of the Democratic Party most disillusioned with the president and his policies, especial

Vietnam Parl chief Hue quits over violations in latest leadership upheaval

The statement said his resignation had been accepted and would be removed from the Central Committee and the powerful Politburo. It did not specify what the violations were

VinFast chief plans to invest $1 bn more from his fortune in EV maker

Pham Nhat Vuong also said Vingroup was considering listing its hospitality unit Vinpearl this year

After India and Vietnam, Apple looks to manufacture products in Indonesia

American tech giant does not have a manufacturing base in Indonesia, where iPhones and Apple computers have a strong following

Vietnam mounts $24 billion rescue plan for bank engulfed in giant fraud

The State Bank of Vietnam's previously unreported cash injections into SCB amount to 5.6% of the nation's annual economic output, or about one-fourth of Vietnam's foreign-exchange reserves

Apple to ramp up investments on suppliers in manufacturing hub Vietnam

Vietnam is already a key manufacturing hub for Apple and Cook was speaking while meeting Vietnamese Prime Minister Pham Minh Chinh, state media reported

Apple CEO Tim Cook wants to spend more on suppliers in Vietnam: Report

Cook arrived in Hanoi on Monday for the two-day visit during which he met suppliers, students, content creators and users of Apple products

Solo travel to countries like UAE, Egypt, Vietnam gaining footing: Report

More and more Indians are looking for solo travelling to countries like the UAE, Egypt, Singapore and Vietnam, a report said on Tuesday. Solo travellers represented about 65 per cent of visa applications for the UAE, 60 per cent for Egypt, 40 per cent for Singapore and 45 per cent for Vietnam, according to a report by online platform for visa applications Atlys. The report is based on visa applications submitted for processing for travelling during summer this year on Atlys platform. Atlys is a mobile visa application app that has e-visa mandate for over 133 countries. When it came to group tours, around 20 per cent of visa applications for such trips were for the UAE, 30 per cent for Egypt, 25 per cent for Singapore, and 20 per cent for Vietnam, it added. The report further found that men dominated the visa application scene, with 77 per cent applying for the UAE, and 71 per cent for Singapore. Meanwhile, 30 per cent of women travellers applied for Singapore visas and 25 per cen

ICG ship makes port call in Vietnam on overseas deployment to Asean nations

Indian Coast Guard ship Samudra Paheredar, a specialised Pollution Control Vessel, on Tuesday made a port call at Ho Chi Minh in Vietnam as part of its ongoing overseas deployment to theEAN countries, officials said. This deployment is a testimony to the ICG's commitment to "bolster bilateral relationships" and "enhance international cooperation" with friendly countries, the Defence Ministry said in a statement. "The deployment of Samudra Paheredar to theEAN region reflects India's shared concern and resolve towards marine pollution, promoting safety and security through maritime cooperation. Prior to Ho Chi Minh, the vessel had visited Manila, Philippines, to demonstrate a seamless continuation of diplomatic maritime engagements in theEAN region," it said. The ship is equipped with specialised marine pollution control equipment and a Chetak Helicopter in pollution response configuration, designed to contain and recover spilled oil and augment the operation. The ICG ship is on an .

Australian, Vietnamese PMs elevate their nations' economic relations

Australian and Vietnamese prime ministers on Thursday discussed ways of improving an already booming economic relationship, as part of Australia's strategy to diversify trade away from China. Vietnamese Pham Minh Chinh's official state visit came after he attended a summit of Southeast Asian leaders this week co-chaired by his Australian counterpart Anthony Albanese and Laotian Prime Minister Sonexay Siphandone. The Vietnam bilateral relationship has proved a success in Australia's hedge against Chinese economic moves. Australia says China's official and unofficial trade barriers have cost Australian exporters up to 20 billion Australian dollars (USD 13 billion) a year since 2020, though those steps have been relaxed gradually since Albanese's government came to power in 2022. Albanese said trade between Australia and Vietnam had increased 75 per cent in two years to USD 25.7 billion in 2022, the most recent year for which data was available. Vietnam had become Australia's ...

How realtor wove $12 billion tapestry of fraud - the biggest in Vietnam

The country's largest-ever fraud case is among a slew of high-profile proceedings following from the Communist Party of Vietnam's crackdown on corruption

How India is betting big on the global outsourced semiconductor play

The Cabinet today cleared two projects, the Tata's assembly testing and packaging plant (ATMP) and the Murugappa-owned CG Power with Renesas from Japan as its tech partner

SpaceX plan to provide communication svcs to Vietnam over Starlink on hold

A Vietnamese official confirmed that SpaceX and information ministry representatives had held several meetings from at least the middle of last year until November 2023

Vietnam imports husked brown rice from India for re-exports: Reports

Vietnam, the world's third biggest rice exporter, has imported at least 200,000 metric tons of husked brown rice from India between December and February, the sources said

VinFast kicks off Tamil Nadu unit construction, seeks cut in import duty

The project aims to evolve into a first-class electric vehicle production hub in the region, with an annual capacity of up to 150,000 units

Vietnam aims to produce 100,000-500,000 MT tons of hydrogen a year by 2030

The production, distribution and usage of hydrogen will help "meet the country's national targets for climate change, green growth and to meet its net zero target by 2050," the document said

India's true manufacturing rival is Vietnam, not China

For India to succeed, it needs to start thinking outward, which means understanding that the investment and business environment there isn't competitive

India must realise that its true manufacturing rival is Vietnam, not China

If you tax inputs, you are taxing your outputs, Garcetti noted. "You are not taxing us, you are not protecting the market. What you are doing is limiting a market."

Marriott International adds 12 properties with 1,431 rooms in India in 2023

Global hospitality group Marriott International on Wednesday said they added 12 properties in India in 2023 and over 60 in the Asia Pacific region, excluding China. This addition has brought the company's presence to more than 560 operating hotels and residences, and exceeded 10 per cent net rooms growth compared to 2022, the hospitality group said in a statement. In the last year, Marriott added over 60 properties to its portfolio, particularly in key travel markets such as Japan, India, and Vietnam, it said. The 12 hotels in India have approximately 1,431 rooms, as per the statement. The company also signed over 80 deals across 13 markets, representing approximately 18,000 rooms. At the end of 2023, Marriott's development pipeline for the region stood at over 320 hotels with over 69,000 rooms, it said. In 2023, 15 per cent of the deals signed in APEC were in the luxury segment and a record nine luxury hotels were opened in the region, including The Ritz-Carlton, Melbourne, whic