Vietnam AutoExpo 2018 slated for Hanoi in June
Vietnam AutoExpo 2018 slated for Hanoi in JuneThe 15th International Exhibition on Automobile, Transportation and Supporting Industry (Vietnam AutoExpo 2018) will be held at the National Convention Centre in Hanoi from June 6-9. Visitors at Vietnam AutoExpo 2017 (Source: organisation board)This year, the exhibition will cover an area of over 10,000 square metres, with 450 pavilions introducing new products and services in automobile, motorbike and supporting industry in Vietnam. Visitors can also experience driving the latest models of Ducati, Haley Davision, Triumph and Royal Enfield. In the event’s framework, a thematic conference will also be held to discuss the development of support industry and the connection of demand and supply sources for the production and assembling of commercial and special-use automobiles in Vietnam. During the conference, participants will also update information of commercial car development direction, market forecast, growth strategy, tax policy and other incentives.
Source:VietNamNet News
May 29, 2018 13:18 UTC
Da Nang seeks investment to boost solid waste treatment
Da Nang seeks investment to boost solid waste treatmentDa Nang is seeking investment to develop a solid waste treatment complex amid challenges facing the central city in dealing with the large volume of untreated solid waste. Map of the planned solid waste treatment complex in the central city of Da Nang. The solid waste treatment complex project will be carried out under the public-private partnership by the municipal People’s Committee. At the workshop, officials and experts in solid waste treatment, and domestic and foreign investors discussed difficulties in the project implementation, along with some solid waste treatment solutions in Vietnam and other countries. Da Nang targets that by 2020, it will collect and treat 95 percent of the daily solid waste volume, 72 percent of which will be recycled and reused.
Source:VietNamNet News
May 29, 2018 12:22 UTC
Schedule of flights to/from Con Dao adjusted
Schedule of flights to/from Con Dao adjustedThe schedule of 12 flights to and from the Con Dao airport in the southern province of Ba Ria-Vung Tau has been adjusted due to a drill held by the Con Dao district’s Military Command near the airport on May 29-30. According to the Vietnam Air Services Company (VASCO), 10 flights on the HCM City – Con Dao – HCM route have new departure time. On the route between Con Dao - Can Tho, the departure time for the flight code 0V8071/8070 is 11:30 and 15:45, while the flight coded 0V8014/8015 between Can Tho and Phu Quoc takes off at 12:55 and 14:25. Besides, VASCO cancelled the two flights between HCM City and Rach Gia on May 29 and 30. Passengers on the adjusted flights could be transferred to other flights free of charge on May 31.-VNA
Source:VietNamNet News
May 29, 2018 10:52 UTC
Siam Cement acquires 100% stake in petrochemical project
Siam Cement acquires 100% stake in petrochemical projectSiam Cement Public Company Limited (SCG) signed an agreement with Viet Nam National Oil and Gas Group (PetroVietnam) to acquire the latter’s equity stake in Long Son Petrochemical Co Ltd.After the withdrawal of Vinachem, Qatar Petroleum International and now PetroVietnam, SCG is the sole investor of the project with a 100 per cent equity stake. — Photo hanoitimes.vnUnder the agreement, SCG will acquire 29 per cent stake for more than VND2.05 trillion (US$90 million). Long Son petrochemical project, located in Long Son Petrochemical Industrial Park in Vung Tau City, is a key petrol and oil project of the Vietnamese government. Long Son is the third petrochemical complex in Viet Nam after Dung Quat oil refinery and Nghi Son oil refinery and petrochemical complex. After the withdrawal of Vinachem, Qatar Petroleum International and now PetroVietnam, SCG is the sole investor of the project with a 100 per cent equity stake.
Source:VietNamNet News
May 29, 2018 10:07 UTC
Da Nang enhances beach safety amid peak season
Da Nang enhances beach safety amid peak seasonSandy beaches in the central city of Da Nang welcome tens of thousands of people everyday during the peak season. The massive influx of tourists to the beaches requires the city to exert tremendous efforts to ensure beach safety and security. The local security forces have kept a close watch on the crowds to ensure safety and security for visitors. Despite a 60km long coastline with numerous public beaches, the city’s Beach Safety and Security Force has now only 56 members. The Beach Safety and Security Force has worked closely with the local public security in preventing vices.
Source:VietNamNet News
May 29, 2018 09:25 UTC
Rice exports: good news arrives, but worries still exist
Rice exports: good news arrives, but worries still existVietNamNet Bridge - The current conditions are all favorable for Vietnam to export rice: global demand is high while export prices are on the rise. The good news is that export price of Vietnam’s rice is now higher than Thailand’s rice of the same kind. Tran Xuan Dinh from the agriculture ministry confirmed that Vietnam’s rice export price has increased recently thanks to the larger high-quality rice growing area. However, Dinh said Vietnam’s rice can be compared with Thailand’s rice of the same kind. RELATED NEWSAuspicious start to Vietnamese rice export in 2018Heavy rain flattens summer autumn rice in Mekong DeltaKim Chi
Source:VietNamNet News
May 29, 2018 09:00 UTC
Government News 29/5
Over the years, the East Asian nation has been one of the leading countries in terms of investment in the Vietnamese capital. Regarding Vietnam’s investment market, Ito said Vietnam becomes a partner country for Japan’s direct investment and trade activities. The expert, however, also noted that the two countries’ cooperation has not yet matched their potential as the operation scale of Japanese firms in Vietnam remains limited. While in Shenzhen, the Vietnamese Party delegation also visited a number of local businesses and residential communities to learn about their Party building work. In order to boost Vietnam – Japan strategic partnership, bilateral collaboration in regional and global issues play an important role, he said, adding that the two nations have worked closely together on the Trans-Pacific Partnership.
Source:VietNamNet News
May 29, 2018 09:00 UTC
Vietnamese people may have to miss World Cup 2018
Vietnamese people may have to miss World Cup 2018The 2018 football World Cup will start in three weeks, but Vietnam has yet to officially announce to own broadcasting rights. World Cup 2018 will take place in next three weeks (June 14 - July 15). Photo: vtc.vnAccording to thethaovanhoa.vn, information from Vietnam Television (VTV) on May 22 affirmed that the television owns the $8-million TV rights to broadcast the 2018 World Cup. Newswire thethaovanhoa.vn stated that the distributor of the World Cup’s TV rights, Infront Sports & Media AG, has asked for $10.3 million from the Vietnamese television company. Four years ago, Infront Sport & Media used to ask for $14 million for broadcasting rights of the 2014 World Cup, but VTV paid only $7 million after eight months of negotiation.
Source:VietNamNet News
May 29, 2018 08:48 UTC
President Tran Dai Quang begins State visit to Japan
President Tran Dai Quang begins State visit to JapanPresident Tran Dai Quang and his spouse arrived in Tokyo at noon on May 29, beginning a State-level visit to Japan which will last until June 2. President Tran Dai Quang was greeted at the Haneda International AirportThe Vietnamese President was greeted at Haneda International Airport with a 21-gun salute. President’s upcoming visit to Japan expected to lift two-way tradePresident Tran Dai Quang’s State visit to Japan from May 29 – June 2 is expected to breath new life into bilateral trade in the near future. Most imports were machinery and equipment (675 million USD); computers, electronics and spare parts (392 million USD) and iron and steel (203 million USD). President Tran Dai Quang and his spouse at Haneda airport, TokyoA welcome ceremony is held for President Tran Dai Quang and his spouse at Haneda airportPresident Tran Dai Quang is welcomed by Vietnamese embassy staff and Vietnamese people living in JapanPresident Tran Dai Quang is welcomed at the airportVNA
Source:VietNamNet News
May 29, 2018 08:48 UTC
Medical students, lecturers discourage illegal wildlife products
Medical students, lecturers discourage illegal wildlife productsVietNamNet Bridge – Students and lecturers from five of Vietnam’s traditional medicine universities developed communications strategies to combat the use of illegal wildlife products in traditional medicinal treatments. “We are committed to ensuring that traditional medicine continues to be practised in Vietnam in accordance with the law and sustainable principles. The lecturers and students were given communication guidelines and suggested activities to help them formulate effective strategies to deter the use of illegal wildlife products in formal prescriptions by traditional medicine practitioners and dispensaries to customers. The workshop highlighted recent research findings that identified the traditional medicine sector as a priority sector in the fight against illegal wildlife trade. It is hoped that through such sessions, future traditional medicine practitioners can promote legal, sustainable and socially responsible practices for sourcing and prescriptions.
Source:VietNamNet News
May 29, 2018 07:30 UTC
NA report shows SOEs debts in the quadrillions
NA report shows SOEs debts in the quadrillionsThe report of the supervision board of state-owned enterprises (SOEs) shows that the public sector owed VND1.6 quadrillion (nearly $73 billion) between 2011 and 2016. According to the report, the efficiency of SOEs is low compared to private and foreign-invested enterprises. Total assets and capital increased, but revenue and pre-tax profit rose very slowly (by around 3 per cent annually). According to the report, 571 SOEs have been equitised in the last six years. The ratio of state capital held in joint stock companies is still high.
Source:VietNamNet News
May 29, 2018 07:07 UTC
N Korea official Kim Yong-chol 'heads to US for talks'
N Korea official Kim Yong-chol 'heads to US for talks'One of Kim Jong-un's most senior officials is thought to be travelling to the US, as preparations for a possible historic summit gather pace. South Korean news agency Yonhap said Gen Kim Yong-chol was due to arrive in the US on Wednesday, via Beijing. If confirmed, the visit would be part of a flurry of activity ahead of the proposed meeting between Mr Kim and US President Donald Trump. He would be the most high profile North Korean official to visit the US since 2000. Also on Tuesday, a "pre-advance" team from the US was due to meet North Korean officials in Singapore, said US officials.
Source:VietNamNet News
May 29, 2018 06:22 UTC
Wooden furniture manufacturers fear material shortages
Wooden furniture manufacturers fear material shortagesVietNamNet Bridge - Though exports have been growing well, concern still exists because wooden furniture industry is in need of materials. Wooden furniture manufacturers expect another prosperous year in 2018 as demand is predicted to continue to increase globally. A director of a wooden furniture company confirmed there are more clients from the two markets this year as European and American importers have shifted orders to Vietnamese enterprises instead of Chinese firms. However, to obtain such high export turnover, Vietnam would need a large amount of materials. RELATED NEWSChanges in target markets worry wooden furniture exportersWooden furniture manufacturers beg for supportMai Thanh
Source:VietNamNet News
May 29, 2018 05:03 UTC
Despite dropping revenue in China, Honda remains strong in Vietnam
Despite dropping revenue in China, Honda remains strong in VietnamDespite a huge reduction in revenue in China due to engine errors affecting CR-V and Civic vehicles, Honda is still doing well in Vietnam based on its market shares in the motorbike and car segments, with a new record in car sales. However, despite taking up 70 per cent of the motorbike market, Honda Vietnam has to admit that its Honda Ending Authorised Dealers (HEAD) have been selling its motorbikes above the price set by Honda Vietnam for many years, an issue which is difficult to resolve. Honda only proposes prices, and has no right to influence HEADs,” said Toshio Kuwahara, general director of Honda Vietnam. Despite that, Honda Vietnam could not avoid the Chinese subsidiary’s troubles, which came after the February recall of 350,000 CR-V and Civic cars to check engine errors. The number of CR-V vehicles sold in March was 916, far lower than the 14,360 in the same period last year.
Source:VietNamNet News
May 29, 2018 05:03 UTC
Deputy PM orders probe into official’s quick promotion
Deputy PM orders probe into official’s quick promotionVietNamNet Bridge – Deputy Prime Minister Truong Hoa Binh has ordered the Ministry of Home Affairs to investigate the quick promotion of the youngest deputy chief of staff of the national anti-smuggling committee. Deputy Prime Minister Truong Hoa Binh has ordered investigation into the quick promotion of Vu Hung Son, the youngest deputy chief of staff of the national anti-smuggling committee. The investigation results should be reported to Prime Minister Nguyen Xuan Phuc by June 15. He was also allowed by the incumbent industry and trade minister Tran Tuan Anh to work in the 389 Committee. The committee’s deputy head cum finance minister Dinh Tien Dung approved Son’s position in the committee this March.
Source:VietNamNet News
May 29, 2018 04:30 UTC