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Trang An Classic 2025 to tee off in Ninh Binh in April

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Part of the VGA Development Tour 2025 – a professional golf circuit in Vietnam, the tournament boasts a prize pool of 300 million VND (12,000 USD), promising to deliver thrilling competitions among 100 golfers, including both domestic and foreign players living in Vietnam.

Trang An Classic 2025 to tee off in Ninh Binh in April
Trang An Classic 2025 to tee off in Ninh Binh in April, Illustrative image (Photo: VNA)

Hanoi – Trang An Classic 2025, the second leg of the Road to Trang An Open 2025 series, is set to open at Trang An Golf & Resort in Nho Quan district, the northern province of Ninh Binh on April 9-10, the Vietnam Golf Association (VGA) reported on March 12.

Part of the VGA Development Tour 2025 – a professional golf circuit in Vietnam, the tournament boasts a prize pool of 300 million VND (12,000 USD), promising to deliver thrilling competitions among 100 golfers, including both domestic and foreign players living in Vietnam. Up to 20 women are among the competitors.

The Trang An Classic 2025 will follow a stroke play format, with two 18-hole rounds. The player with the lowest gross score after 36 holes will win. If weather or course issues arise, the Tournament Committee may cancel one round’s results.

The event doubles as a qualifier for the Trang An Open 2025, set for May 15-18 at the same venue. The top five finishers will earn spots in the Open, where they’ll face off against global pros.

Marking Ninh Binh’s first-time debut as host, the tournament offers Vietnamese golfers a rare chance to earn Official World Golf Ranking (OWGR) points. The milestone highlights Vietnam’s push to raise its golf profile internationally and spotlight local talent.

Launched in July 2024, the VGA Development Tour has garnered praise from professional golfers for offering regular competition opportunities and invaluable experience ahead of bigger events.

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Sigma OTT recognised as Hanoi Major Industrial Product in 2024

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The Hanoi People’s Committee held a ceremony on December 13 to honour Major Industrial Products (MIP) in 2024, with Sigma OTT ecosystem developed by Thu Do Multimedia, being recognised as one of the three IT High-tech products.

This distinction highlights the significance of innovation in the media sector, exemplified by Sigma OTT.

As many as 36 products from 25 businesses and organisations were honoured at the ceremony. In the information technology and high-tech sector, three products were recognised, including the Sigma OTT ecosystem from Thu Do Multimedia.

The initiative, launched by the Hanoi People’s Committee, aims to identify and promote high-quality products that enhance the competitiveness of local enterprises. These products receive support through partnerships and promotional activities both domestically and internationally, helping them expand globally. Recognised products benefit from promotional efforts throughout 2025, including increased visibility and prioritisation in trade promotion activities.

Hanoi plays a central role in industrial development, with industrial enterprises contributing around 35% of the city’s industrial production value and nearly 2 billion USD in exports. These companies also provide employment for about 80,000 people, underscoring their importance to the local economy.

Sigma OTT stands out for its innovative multimedia solutions, helping Vietnam’s digital transformation. Launched in 2018, it offers an alternative to expensive foreign technologies, with applications in broadcasting, online education, and telehealth. Its cost-effective solutions reduce dependency on international products, advancing Vietnam’s technological self-reliance.

Sigma OTT’s Sigma Multi-DRM is internationally recognised for digital content security, addressing significant concerns around copyright infringement and piracy. Audited by Cartesian in 2020, it places Thu Do Multimedia among Southeast Asia’s leaders. This recognition strengthens Sigma OTT’s position in global markets, including Thailand, the USA, and India, enhancing Vietnam’s presence in digital technology.

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SpaceX supplier Wistron NeWeb to invest extra $30 mln in Vietnam

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Taiwan-based Wistron NeWeb, a supplier of SpaceX, will invest $30 million more in its Vietnam subsidiary Neweb Vietnam as a “long-term investment.”

In a filing with the Taiwan Stock Exchange (TWSE) last week, Wistron NeWeb said the funding will be provided in stages according to the capital expenditure plan and funding needs of Neweb Vietnam. It does not provide other details.

Neweb Vietnam factory in Ha Nam province, northern Vietnam. Photo courtesy of the firm.

Neweb Vietnam factory in Ha Nam province, northern Vietnam. Photo courtesy of the firm.

Neweb Vietnam was established in 2020 and entered operation from August 2021. According to Wistron NeWeb, the activities of the Vietnamese subsidiary include satellite communications products and mobile communications products.

The project’s initial capital is $60 million, according to an investment registration certificate granted to Neweb Vietnam in 2020.

The project covers 11.3 hectares in Dong Van III Industrial Park, the northern province of Ha Nam. The first phase of 64.3 hectares has an annual capacity of 10 million domestic smart devices and 10 million wireless/business network/infrastructure network items.

The second phase will double the capacity of each item.

Prime Minister Pham Minh Chinh last week directed Vietnamese authorities to urgently carry out pilot licensing for SpaceX’s Starlink satellite internet services.

Chinh made the requests at a forum in Hanoi with the participation of 38 leading American companies, including Warburg Pincus, Meta, Polaris, Ford, Amkor, Amazon Web Services, Boeing, Gap, GE Venora, AES, Mastercard, AIG, Coca Cola, Bower Group Asia, and Bay Global Strategies.

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Trade minister speaks of harmonious trade relationship with the US

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Vietnam’s Minister of Industry and Trade, Nguyen Hong Dien, has reaffirmed the country’s commitment to fostering a balanced and mutually beneficial economic and trade relationship with the United States.

Dien made this statement during a meeting with US Trade Representative Jamieson L. Greer in Washington, DC on March 13, where they discussed bilateral economic and trade cooperation.

This was the first official ministerial-level meeting between the two countries since the new US administration took office.

Vietnam seeks a harmonious trade relationship with the U.S
US Trade Representative Jamieson L. Greer and the Minister of Industry and Trade Nguyen Hong Dien. Photo: Ministry of Industry and Trade

Dien declared the US as one of Vietnam’s most critical strategic partners and spoke of his eagerness to strengthen the comprehensive strategic partnership between the two nations in a practical, in-depth, and sustainable manner.

“The economies of Vietnam and the US are complementary, particularly in their trade structures, which has allowed bilateral trade to grow rapidly and remain stable for many years,” said Minister Dien. “This helps establish key foundations and ensures national interests in bilateral cooperation.”

Dien emphasised Vietnam’s consistent policy of promoting a balanced and mutually beneficial economic and trade relationship with the US. “Vietnam has no intention of creating obstacles that could harm American workers, economic security, or national security, and our government is implementing measures to encourage comprehensive and sustainable economic, trade, and investment relations between our two countries.”

Dien also urged technical teams from both sides to continue discussions so that the US can recognise Vietnam’s market economy status. “This would be a significant decision, reflecting the status of our comprehensive strategic partnership,” he added.

Meanwhile, Greer spoke of how the intent of the new trade policies is not to harm US partners, but rather to ensure that there will be mutual economic benefits in trade relations going forward.

“Vietnam needs to take stronger measures to further open its market and improve the trade balance between our two countries,” said Greer.

Vietnam and the US have mutually agreed on the need for close coordination to foster a fair and sustainable business environment. To that end, the two countries pledged to proactively review and address trade barriers that hinder investment and business operations. Additionally, they emphasised the importance of establishing mechanisms to monitor and prevent trade fraud, origin misrepresentation, and illegal transshipment.

Diplomatic relations between Hanoi and Washington were established in 1995, with a comprehensive strategic partnership following in 2023. The US is Vietnam’s second-largest export market with bilateral trade volume reaching nearly $150 billion last year.

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