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Vietnam business news April 24/2023 

 Monday, April 24,2023

AsemconnectVietnam - Transport firms prepare for increasing travel demand during long holidays. Three foreign groups plan to pour 3.7 billion USD into Vietnam. Vietjet aircraft bearing Ho Chi Minh City tourism symbol lands at Tan Son Nhat. Vietnam-ASEAN economic cooperation forum underway in Malaysia.

Transport firms prepare for increasing travel demand during long holidays
The upcoming holidays of Hung Kings Commemoration Day, National Reunification and May Day from April 29 to May 3 are expected to be a good chance for transport enterprises to accelerate operations to better serve people’s increasing travel demand.
Pham Manh Hung, Director of the Hanoi Bus Station Joint Stock Company, said that the five-day holidays coincides with the opening of the tourist season in many provinces and cities, resulting in a sharp increase in travel demand.
As scheduled, the company will arrange an additional 627 vehicles at the capital’s stations of Gia Lam, My Dinh and Giap Bat from April 28 to the end of May 4, especially on some routes that will see a surge in the number of passengers, namely Ha Giang, Quang Ninh, Nam Dinh, Ninh Binh, Thanh Hoa, Thai Binh, Lao Cai, and Son La.
During the peak days, the number of passengers served in the Giap Bat and My Dinh stations will increase by 300% compared to normal days and is estimated at 18,000 passengers per day.
Meanwhile, the Gia Lam bus station is expected to serve 8,000 passengers per day, up 250% compared to the figure on normal days.
Three foreign groups plan to pour 3.7 billion USD into Vietnam
Three foreign groups unveiled their plans to pour 3.7 billion USD into Vietnam at the Prime Minister’s meeting with foreign investors in Hanoi on April 22, reported the Ministry of Planning and Investment.
Among them, a group from the Republic of Korea is to invest 1.6 billion USD in heavy industry and logistics production; a German investor is eyeing green production using renewable energy with an estimated capital of 1.5 billion USD; and a Japanese investor plans to spend 600 million USD on medical equipment production. Chairman of the European Chamber of Commerce in Vietnam Gabor Fluit said despite several barriers, Vietnam remains a rising star in business and investment. 
The European business community in Vietnam is committed to standing side by side with the Vietnamese Government to build a prosperous and resilient nation, toward sustainable development and green economy, Fluit said. 
Takeo Nakajima, Chief Representative of the Japan External Trade Organisation (JETRO) in Hanoi, said Japanese enterprises are ready to invest in Vietnam. Its survey showed that 47% of respondents will expand their operations in Vietnam in the next 1-2 years. He also expressed wish to see more foreign direct investment in Thanh Hoa, Quang Ninh and Thai Binh.
Vietjet aircraft bearing Ho Chi Minh City tourism symbol lands at Tan Son Nhat airport
As part of activities to promote Vietnam tourism, a Vietjet aircraft bearing the vivid and impressive symbol of Ho Chi Minh City’s tourism has landed at Tan Son Nhat International Airport in the southern metropolis.
Aircraft bearing the tourism symbol of Ho Chi Minh City, which carries the message promoting a friendly, hospitable Ho Chi Minh City which welcomes tourists around the world, will be operated on all Vietjet’s domestic and international routes to Australia, India, Japan, the Republic of Korea, China, Taiwan (China), Thailand, Singapore, Malaysia and Kazakhstan.
 Not only offering people and tourists opportunities to use the world’s leading modern transportation means, Vietjet has also pioneered in painting on it aircraft the tourism symbols, meaningful images and messages such as I love the Fatherland, Protecting the Green Planet, as well as symbols commemorating diplomatic relations between Vietnam and other countries.
 The Vietjet fleet bearing impressive images, the Hello Vietnam song and its two symbolic red and yellow colours has become the messengers connecting Vietnam to the world and vice versa, introducing Vietnamese tourism, culture and people, and being welcomed across the world and destinations.
Vietnam-ASEAN economic cooperation forum underway in Malaysia
The Asia Business Centre and Vietnam-Malaysia Business Association (VMBIZ) co-organised a Vietnam-ASEAN economic cooperation forum and a ceremony awarding strong brands, outstanding leaders, and quality services and products of ASEAN in Malaysia on April 22.
At the event, 15 products and services, 20 businessmen, and more than 80 enterprises were honoured. Vietnamese firms named among strong ASEAN brands included L.Q Joton Joint Stock Company; Nam A Commercial Joint Stock Bank; Viet Tiep Crystal Company Limited; Phuong Dong General Hospital; and EDH Technology Development JSC, to name just a few.
 Addressing the forum, Andrew Goh Boon Kim, Vice-Chairman of the Federation of Malaysian Manufacturers (FMM) under the country’s National Chamber of Commerce and Industry (NCCIM), recommended Vietnamese and Malaysian companies capitalise on their strategic advantages to expand their reach and strengthen their position in the ASEAN region.
T.Huong
Source: Vitic/VNA
 

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