HCM CITY – Fifty delegates from APEC member-economies took part in a workshop on Traffic Light Score Methodology that began in HCM City yesterday. The methodology refers to a framework proposed by Mexico to help APEC members come up with effective regulatory practices to promote economic and social growth while protecting the environment and well-being of people. According to the head of the Mexico’s Federal Commission of Regulatory Improvement and APEC representative, Mario Emilio Gutiérrez, TLSM is also important to “more open, well-functioning, transparent and competitive markets.”The workshop aims to pursue three objectives – building the capacity of APEC economies to implement TLSM, ensure that workshop participants are able to apply TLSM, and measure the quality of ex post regulatory impact assessments (RIAs) and improve the quality of regulations. Gutiérrez said, “TLSM is intended to perform as a complementary tool, not a replacement of currently existing tools such as Ex Post RIAs.”“The TLSM is still under construction, and requires further discussions to test and refine.”Tomorrow the two-day workshop organised by the APEC Economic Committee (EC) will focus on group activities. The EC was established in 1994 and meets twice a year with an aim of promoting structural reform of institutional frameworks, regulations, and government policies to ensure efficient functioning of markets.
August 22, 2017 18:00 UTC
Food security has become an increasing concern for many APEC economies who are facing multiple challenges from the impacts of climate change, which threatens sustainable agriculture and food security. The Policy Partnership on Food Security (PPFS) held a two-day meeting in Cần Thơ from August 21 to shape actions to ensure food security in the context of climate change. There are many activities organised during the Food security Week in Cần Thơ targeting food security for APEC economies, which account for 40 per cent of the world’s population and 57 per cent of the world’s GDP. We have drawn up 17 small and large events during the Food Security Week, hoping to come up with action plans to implement the Multi-Year Action Programme on Food Security and Climate Change and the Multi-Year Action Programme on Rural-Urban Development to Strengthen Food Security and Quality Growth. In the last three decades Việt Nam achieved remarkable progress in terms of production, and now Việt Nam is one of the top exporters of several products.
August 22, 2017 15:56 UTC
SEA Games 29: Two more golds for VietnamVietNamNet Bridge – Vietnamese swimmer Nguyen Thi Anh Vien on August 22 grabbed a gold medal in the women’s 400m freestyle category at the ongoing 29th Southeast Asia Games (SEA Games 29) in Malaysia. Vietnamese swimmer Nguyen Thi Anh Vien (Source: VNA)Vien clocked 4:10:96 and bagged the third gold at the SEA Games 29. Vien also broke the previous SEA Games record and pocketed the first gold medal in the women’s 100m backstroke category on August 21. Vietnam have sent more than 470 athletes to the SEA Games 29 in Malaysia from August 19-30. At the previous games in Singapore in 2015, Vietnam finished third with 73 golds.
August 22, 2017 14:26 UTC
HCM CITY — Ensuring that rules of origin (ROO) are kept “simple and more business-friendly” will enhance trade among APEC economies, experts said at a workshop held in HCM City on Tuesday. Rules of Origin are laws and regulations used in international trade to define where a product was made. They are important when implementing trade policy tools such as anti-dumping and countervailing duties, and in Regional Trade Agreements (RTAs) and Free Trade Agreements (FTAs). Despite challenges, Aquia said that ROO offered opportunities to advance trade facilitation, including innovative product-specific rules that reflect modern value chains. In 2009, APEC senior officials identified ROO as a priority and tasked the Committee of Trade and Investment and its various sub-fora to look into making ROO more business-friendly.
August 22, 2017 14:03 UTC
HCM CITY — HCM City earned more than VNĐ14.6 billion (US$663,000) from advertisements on buses last year, according to the city’s Public Transport Management and Operation Centre. The centre and Koa Sha Media Vietnam, a Japan-based out-of-home (OOH) ad agency, placed the ads on 171 buses running on 10 routes following an auction held by local authorities. Established in 2012, Koa Sha Media Vietnam focuses on public transport ads. It is a subsidiary of Koa Sha Inc, a provider of OOH advertising media in Japan since 1938. The ads are expected to appear later this year, with ads encouraging the use of buses placed alongside commercial ads.
August 22, 2017 11:26 UTC
HÀ NỘI — The US Department of Commerce (DOC) on Monday announced the postponement of preliminary determinations of antidumping duty investigations on tool chests and cabinets imported from Việt Nam and China from October 1, 2016 through March 31, 2017. The DOC may postpone a preliminary determination no later than 190 days after the an investigation begins. The DOC decided to postpone the preliminary determinations to November 7, 2017, with the deadline for the final determination of the investigations 75 days after the preliminary determinations. At the beginning of May this year, the DOC initiated the investigations on some tool chests and cabinets from China and Việt Nam. Waterloo Industries Inc alleged a dumping margin of 159.99 per cent for China and a dumping margin of 21.85 per cent for Việt Nam.
August 22, 2017 11:26 UTC
Supervise Formosa Ha Tinh’s operations: Deputy PMVietNamNet Bridge – Permanent Deputy Prime Minister Truong Hoa Binh on Monday called on continued close supervision on the operation of the Taiwan-invested steel company – Formosa Ha Tinh – to avoid any violations. Deputy Prime Minister Truong Hoa Binh chairs the ninth session of the Steering Committee for marine incident recovery in Ha Noi on Monday. The amount of stored fish is 2.2 times higher than that reported by the Ministry of Health in November, 2016. The agriculture ministry has, meanwhile, asked for inter-ministerial inspection to check the stored fish to avoid any profiteering. The mass fish deaths was first detected on April 6 last year in Ky Anh Town in Ha Tinh Province -- the place where Taiwan-invested Hung Nghiep Formosa Ha Tinh Iron and Steel LTd Company (Formosa Ha Tinh) is located.
August 22, 2017 11:03 UTC
Vietnamese taekwondo artists win bronze medals in UniversiadeVietNamNet Bridge – Vietnamese taekwondo athletes pocketed three bronze medals at the Chinese Taipei’s Summer Universiade on Monday. Vietnamese taekwondo athletes claim one gold and three bronze medals from the Summer Universiade in Chinese Taipei. The taekwondo athletes wrapped up their tournament in two days with one gold for Le Kim in the women’s individual poomsae and three bronzes. Since then, the delegation has won medals at all editions of the tournament but never a gold. The taekwondo team will leave Taipei to participate in the Malaysian SEA Games.
August 22, 2017 11:03 UTC
HÀ NỘI — Indirect investment from Japan into Việt Nam remain relatively modest compared to the potential of Japan and the ability to absorb investment capital sources of Vietnamese market, finance minister Đinh Tiến Dũng said. Dũng made the statement on Monday at a conference in Tokyo co-hosted by the Việt Nam’s Ministry of Finance and Daiwa Corporation of Japan to promote financial investment in Việt Nam. There remains a huge room for bilateral cooperation in the financial market, Dũng said, adding that Việt Nam’s economy has recorded an annual average growth rate of 6 per cent over the past three decades. Dũng expressed hope that financial corporations in Japan will invest indirectly in Việt Nam, become strategic investors, and bring capital and technologies into the country. Later in the day, Dũng met Japanese finance vice-minister Imaeda Soichiro and lauded Japan’s role in helping develop infrastructure in Việt Nam through official development assistance (ODA) capital.
August 22, 2017 10:41 UTC
Ha Noi steps up fight on human traffickingVietNamNet Bridge – Ha Noi police plan to increase inspections to uncover human trafficking rings, focusing on inter-provincial and transnational criminals. Ha Noi police plan to increase inspections to uncover human trafficking rings, focusing on inter-provincial and transnational criminals. — Photo infonet.vnThis is among measures to be taken by Ha Noi police as part of a plan on human trafficking prevention during 2017-20. Police will work with ministries and agencies to fight human trafficking, with a focus on human trafficking in all forms, including foreigners or overseas Vietnamese pretending to be businessmen or tourists to enter Viet Nam to traffic people. Human trafficking hot spots include road and railway routes linking Ha Noi to border provinces and international air routes.
August 22, 2017 10:41 UTC
Nam secures Viet Nam’s first gymnastics goldVietNamNet Bridge – Gymnast Dang Nam defended his title in the men’s rings event at the 29th Southeast Asian Games on Tuesday morning. In wushu, Pham Quoc Khanh bagged his second silver in the men’s nanquan (southern-style boxing), earning 9.66 points. — Photo tienphong.vnHis teammate Nguyen Thuy Linh also won her second silver, coming second in the women’s nandao and nangun combination. Indonesian Juwita Niza was the champion while Vietnamese Nguyen Thuc Anh claimed the bronze. In swimming, golden girl Nguyen Thi Anh Vien successfully topped two events -- the 200m backstroke and 400m freestyle qualifications.
August 22, 2017 10:30 UTC
J&J ordered to pay $417 million in trial over talc cancer risksA California jury on Monday ordered Johnson & Johnson to pay $417 million to a woman who claimed she developed ovarian cancer after using the company's talc-based products like Johnson's Baby Powder for feminine hygiene. FILE PHOTO: Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York October 15, 2015. J&J's lawyers countered that studies and federal agencies have not found that talc products are carcinogenic. The trial follows five prior ones in Missouri state court, where many lawsuits are pending. The case is Echeverria et al v. Johnson & Johnson, Los Angeles Superior Court, No.
August 22, 2017 10:18 UTC
American duo The Chainsmokers to take city stage in mid-SeptemberVietNamNet Bridge – Renowned American DJ and producer duo Andrew Taggart and Alex Pall, better known as The Chainsmokers, will perform in HCMC on September 14 as part of their “Memories...Do not open” world tour, according to information on the website www.thechainsmokers.com. Founded in 2012, the Chainsmokers have quickly gained fame in the world of electronic dance music (EDM) after their song #Selfie debuted in 2014. Tickets to their forthcoming show are now on sale at https://ticketbox.vn, with prices ranging from VND750,000 (US$33) and VND1.6 million (US$70). But Vietnam has emerged as a destination of international artists on their world tours. Earlier, young singer songwriter Joyce Jonathan brought her outstanding performances to the city stage in June on the occassion of her tour to Asian countries.
August 22, 2017 10:18 UTC
HCM CITY — Five hundred Vietnamese and foreign manufacturers, distributors, and suppliers will showcase advanced textile and garment machinery at the 17th Việt Nam International Textile and Garments Industry Exhibition (VTG 2017) to be held in HCM City in November. The machinery will include high-speed digital textile and garment printers, embroidering machine, equipment for cutting and others. High-quality fibre and cloth will also be on display at the 700 booths to be set up by companies from 20 countries and territories including India and Korea. The annual event offers global companies an opportunity to explore co-operation opportunities and keep abreast of developments in the sector. To be held from November 22 to 25 at the Sài Gòn Exhibition and Convention Centre in District 7, it will be organised by the Việt Nam National Trade Fair & Advertising Company in co-operation with Yorkers Exhibition Service Co.Ltd.
August 22, 2017 10:07 UTC
HÀ NỘI — Developing sustainable partnership between the State and civil society organisations (CSOs) is an inevitable requirement. Việt Nam has tremendous potential to develop the partnership but has not fully exploited it, experts said at a conference on Tuesday. At the annual conference of Vietnamese CSOs in Hà Nội, representatives of CSOs discussed the advantages and difficulties, and proposed solutions towards co-operation for sustainable development. Its exploitation depends firstly and mostly on the partnership between the State and CSOs, Dũng said. Dũng proposed that the State build a “civil society organisations’ eco-system” to promote CSO activity, which is one of the three pillars for social development, besides State and private business.
August 22, 2017 09:56 UTC