The country’s three high-tech parks still have plenty of space to fill for new projects. Photo: Le Toan Hoa Lac High-tech Park (HHTP) is now surrounded with complete infrastructure and favourable transport links which were expected to be an important factor for investment attraction. According to the park’s Management Board, it attracted six projects with total investment of about VND9 trillion ($391 million) in 2020, including one foreign and five domestically-owned. They focus on research and development, manufacturing, and high-tech pharmacy. While the figure is higher than that of 2019, when the park lured in just four domestically-invested projects registered at VND7.46 trillion ($324 million), it was far lower than 2018, when it attracted 11 projects registered with VND17 trillion ($739 million), a record high over the past 20 years. Notable names involved included Nidec, Mitsubishi, and Hanwha Group. The result is lower than expected though the HHTP itself enjoys Decree … [Read more...] about High-tech park incentives under review
Linkin parks
Vietnam’s festive staycation the grandest offers of the year
Vietnam’s festive staycation the grandest offers of the year (photo: freepik.com) Park Hyatt Saigon’s festive staycation package Nothing ordinary ever happens during Christmas and New Year. From now to December 31 (excluding the peak nights of December 24, 25, 31, and January 1), you can experience a special staycation from only VND7 million ($305) per night for two guests, including a VND4 million ($173) credit per night redeemable for all of hotel services, 30 per cent off for spa, a premium bottle of Prosecco upon arrival, daily breakfast for two, and much more. On Christmas Eve, Christmas Day, New Year’s Eve and New Year’s Day, the hotel celebrates the season with promotions running round the clock and all-day festivities at all outlets. Among them, Le Petit Chef Festive Edition is priced at VND 4,000,000 per guest, excluding beverages. Its Magic At The Park – Holiday Edition organised in the Ballroom on December 13, 20 and 27, pricing from VND650,000 … [Read more...] about Vietnam’s festive staycation the grandest offers of the year
$23,000 salary sought for foreign experts training HCMC metro engineers
In a proposal submitted to the city, the metro operator, the HCMC Management Authority for Urban Railways (MAUR), said it has agreed with the metro consultancy, NJPT, a consortium led by Japan's Nippon Koei, that the chief expert would be paid 2.5 million yen a month and the rest 2.35 million yen. It said these are the lowest salaries for the jobs as set in the contract. They are comparable with the salaries agreed for the mass rapid transit project in Jakarta, it said. Vietnamese experts involved in training engineers will be paid differently, but the details have not been disclosed. In January a school that was training 58 engineers for the metro announced it had put the course on hold citing non-payment of its fees by MAUR. The 15-month training, at Hanoi's Vietnam Railway College in collaboration with NJPT, had begun last July. The trainees, including one woman, are aged 21-35. It appears that payments to teachers and the school can only be made if appendix No.19 to a … [Read more...] about $23,000 salary sought for foreign experts training HCMC metro engineers
Health crisis fails to impede business confidence
In June last year, Ngo Dinh Vuong halted the operation of his garment factory in Quang Minh Industrial Park in Hanoi’s Dong Anh District due to the health crisis. The factory was opened in late 2018 and is the third to have been opened by Vuong in the northern region of the country since 2016. Then in July, the second factory, based in Hung Yen Province, faced the same plight, leaving the first factory operating moderately also in Hung Yen. The three factories are managed by Hoang Yen Garment and Trading JSC, established in 2016, where Vuong is the director. However, in early January, the two factories with halted operations began resuming operations as some big contracts have been landed with local and foreign experts. This would allow 800 workers to have incomes. “We are happy that all of our three factories are in full operations now,” Vuong told Nhan dan Online. Hoang Yen Company’s case is among more than 11,000 enterprises resuming operation in the first two months of this … [Read more...] about Health crisis fails to impede business confidence
Crusaders’ players public training ‘unacceptable’, says New Zealand Rugby
WELLINGTON: New Zealand Rugby has labelled as "unacceptable" the actions of a group of Canterbury Crusaders players who breached the country's strict coronavirus lockdown rules on Monday by training together in a local park. The players, including All Blacks flyhalf Richie Mo'unga, were filmed informally training in Christchurch where they were shown keeping their distance but passing and kicking a ball between each other. New Zealand's nationwide lockdown restricts people from leaving their homes unless it is for essential services like groceries. They can exercise as individuals or with people in the same lockdown 'bubble'. "Some of the Crusaders players have not followed these rules and that is unacceptable," NZR Chief executive Mark Robinson said in comments published by the New Zealand Herald on Tuesday. "We have reminded everyone involved in rugby that they must abide by the New Zealand government COVID-19 guidelines and this situation must not happen again." The … [Read more...] about Crusaders’ players public training ‘unacceptable’, says New Zealand Rugby