Photo: VOV

US chip giant NVIDIA keen to explore investment opportunities in Vietnam

A delegation of NVIDIA Corporation of the United States led by Keith Strier, vice president of NVIDIA, í scheduled to arrive in Vietnam from April 22 to 26 to explore investment opportunities in the country, according to Dau Tu (Investment) newspaper.

The working trip will take them to Hanoi, Da Nang, and Ho Chi Minh City which are the country’s largest economic hubs, revealed the newspaper.

During the trip, NVIDIA leaders will work alongside representatives of relevant businesses and institutions from these localities in an effort to establish the Artificial Intelligence Center for Research and Training, install supercomputer systems, and transfer part of the production of graphic processing units (GPUs) for supercomputers to the Vietnamese market.

Specifically, they will have four working sessions on April 25 and 26 with the Management Board of Saigon High-Tech Park (SHTP), the Vietnam National University - Ho Chi Minh City, and CMC Technology Group.

They are also scheduled to meet with the chairman of the Ho Chi Minh City People's Committee to discuss investment opportunities in the semiconductor field in the southern hub.

Late last year, Jensen Huang, president and CEO of the NVIDIA, went on a working visit to Vietnam. During his meeting with Prime Minister Pham Minh Chinh, Huang unveiled the group’s plan to establish a base in the country.

The base aims to attract talents from around the world to contribute to the development of the Vietnamese semiconductor ecosystem and artificial intelligence (AI), whilst also promoting startups, thereby further boosting the digitization process in the country.

Vietnam, Malaysia foster education cooperation

The Study in Malaysia Education Fair was held in Hanoi on April 21, attracting the participation of a large number of students and parents.

The event was jointly organized by the Malaysian Embassy in Vietnam, Education Malaysia Global Services (EMGS), and the Hang Luong education consulting company.

As part of a series of education exhibition events in Vietnam, Study in Malaysia Education Fair 2024 aims to continue spreading information about the education system and learning opportunities in Malaysia, while establishing and strengthening relationships between relevant schools and agencies of the two countries, NDO reported.

The education fair attracts the participation of a large number of students and parents. (Photo: NDO)

According to EMGS, more than 200,000 international students from around the world have been participating in undergraduate and graduate education in Malaysia since 2019. Vietnam is among the top three Southeast Asian countries with the largest number of students in Malaysia.

Speaking at the event, Malaysian Ambassador to Vietnam Dato' Tan Yang Thai said: “The number of Vietnam’s applications to study in Malaysia has skyrocketed after two years of cooperation and promotion efforts. An increasing number of Vietnamese students are seeking study opportunities and participating in exchange programmes in Malaysia, reflecting the growing mutual understanding among countries in ASEAN. As the chair of ASEAN in 2025, I hope to see further cooperation between Malaysia and Vietnam, which have maintained diplomatic relations for more than 50 years.”

The education fair is scheduled to take place in Can Tho on April 24.

HCM City travel firms gear up for summer peak

Ho Chi Minh City-based travel companies have offered a multitude of tours at discounts as they are holding out for robust business during the Liberation Day (April 30) and Day holidays and summer peak.

Communications Director of Viet Media Travel JSC Pham Anh Vu said there is an increase in the number of bookings of tours from the city to such renowned destinations as Vung Tau, Nha Trang, Phu Quoc, Ninh Thuan, and Can Tho, or from Hanoi to Moc Chau, Sa Pa, and Thanh Hoa.

An additional discount of up to 40% will be offered to customer groups, he said, adding tours to coastal localities such as Nha Trang, Phu Quoc, and Vung Tau will be sold at tempting discounts for the upcoming holidays.

The company also prioritizes in-city tours on the occasion, including those for sunset watching on the Sai Gon river, community-based activities in Can Gio district, and on double-deckers.

Meanwhile, Saigontourist is ramping up activities to popularize Vietnam’s tourist destinations in foreign markets. Most recently, it attended the SEATRADE Cruise Global in Miami, the US, cited VNA.

Sightseeing double-decker bus tours in HCM City (Photo: VNA)

With its offerings, the company has provided its international tourists with various experiences in stopovers such as Ba Ria – Vung Tau, HCM City, Nha Trang, Hue, Da Nang, and Ha Long.

To support local firms, the municipal Department of Tourism has announced the second HCM City River Festival which will take place from May 31 to June 9 with a view to promote the development of local standout tourism offerings.

Director of the department Nguyen Thi Anh Hoa said the event, themed “The Legendary Voyage”, is aimed at building the river into a cultural symbol of the southern metropolis and promoting waterway tourism.

It will be organized at the Sai Gon-Khanh Hoi port, Bach Dang Wharf Park, Nhieu Loc – Thi Nghe Canal, and various tourist sites across the city, she added.

Leading Latin American buyers to seek Vietnamese suppliers

A series of leading distributors and retailers in the Latin America region have signed up to participate in the Vietnam International Sourcing 2024 which is slated to run from June 6 to 8 in Ho Chi Minh City as they look for Vietnamese suppliers, according to the Ministry of Industry and Trade.

One of the major retailers coming to the event to seek suppliers is Falabella, the largest retailer in Latin America which boasts a system of 577 stores and shopping centers in Chile, Argentina, Brazil, Colombia, Mexico, Peru, and Uruguay.

Currently, Vietnamese products have direct access to 35 million regular customers in the store system in Latin America through retailer Falabella, VOV reported.

Photo: VOV

According to the group’s purchasing representative, Falabella plans to expand to purchase products in the fields of textiles and garments, footwear, sportswear, electrical appliances, and household appliances from the Vietnamese market.

Meanwhile, Mexican retailer Coppel has also shown a keen interest in products originating from Vietnam, such as fashionable clothes, shoes, technology accessories, and household furniture to supply more than 1,600 branches in Mexico and 27 stores in Argentina.

Moreover, a representative of Latiquim C.A Group, one of the leading manufacturers and distributors of chemicals for the food and beverage industry, unveiled that the company wishes to seek partners and strive to enhance sustainable cooperation in Vietnam, especially in the field of sulfonic acid and phosphoric acid production.

In addition, renowned retail giant Walmart in the United States has said that it intends to purchase textiles and garments, footwear, interior and exterior goods, household goods, toys and other items, and frozen food products from the Vietnamese market. This is part of Walmart’s efforts to meet the rising needs of consumers in Latin America.

Experts say, there are bright prospects ahead for Vietnamese exports in the Latin American region which has 33 countries and an import demand of nearly US$1,500 billion annually.

Within the past five years, two-way trade turnover between Latin America and the country has doubled from US$14.2 billion in 2018 to US$20.6 billion in 2023.

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