$15billion projects proposed for Van Don
$15billion projects proposed for Van DonBusinesses proposed to develop three large-scale projects, expected to cost about US$10-15 billion, in Van Don special economic zone during a meeting this week with Quang Ninh’s leaders. Investors table three large-scale projects in Van Don special economic zone. It will be connected to Van Don Airport, railway station and the Van Don Heritage road in the southern part of the island. The third, Van Don - Mong Cai highway project, will have length of 100km, connecting Mong Cai border gate to Van Don special economic zone with central station at urban complex in the northern part of Cai Bau island. At the meeting, Quang Ninh Party Secretary Nguyen Van Doc spoke highly on these three proposed projects, adding that local authorities would create the most favourable conditions for investors in implementing their projects.
Source:VietNamNet News
April 28, 2018 02:37 UTC
Multi-channel shopping is vital for e-commerce growth
Multi-channel shopping is vital for e-commerce growthMulti-channel shopping is on the rise, becoming a vital factor which will help retail businesses expand sales channels, thereby increasing their reach to customers and enhancing the competitive edge given the online shopping boom in Viet Nam. The application of multi-channel shopping platforms is forecast to be the core focus of retail businesses, amplifying shopping experiences for customers. Utilising these platforms should be considered a vital factor in promoting products when more and more people are interested in shopping online and buying products through e-commerce sites. Many companies have selected the multi-channel shopping model. Therefore, the application of multi-channel shopping platforms is forecast to be the core focus for retail businesses, amplifying shopping experiences for customers that will become a brand differentiator for e-retailers.
Source:VietNamNet News
April 28, 2018 02:37 UTC
Agribank tackle account hack
Agribank tackle account hackThree out of twelve account holders at the Vietnam Bank for Agriculture and Rural Development (Agribank) had been reimbursed in full on Friday, following a series of unauthorised transactions from their accounts on Wednesday night. The three clients reportedly had their money stolen from Agribank ATMs, whereas the other cardholders’ accounts were hacked into using counterfeit cards at other credit institutions’ ATMs. If the loss is not the customer’s fault, Agribank promised to refund them in due course. With the increasing trend of high-tech criminals, Agribank strongly advises customers to maintain their card security and PIN codes, and register with Agribank E- Mobile Banking to receive notifications of changes in their account balance. On Monday, the State Bank of Vietnam (SBV) issued guidelines on ensuring banking service quality and security.
Source:VietNamNet News
April 28, 2018 02:26 UTC
Making matcha, Vietnamese youth earn billions of VND
Making matcha, Vietnamese youth earn billions of VNDVietNamNet Bridge - In Thai Nguyen, one of the biggest tea growing areas of Vietnam, a young Vietnamese man is making a matcha product and earning billions of dong. Made-in-Vietnam matcha has high qualityYoung tea leaves, after picked, are cleaned, steamed and dried, in which leaf veins and petioles are removed in accordance with a specific formula. After that, the tea leaves are ground with a granite mill to create powder. The use of Japanese matcha, or powder from grown and processed green tea leaves, began in Vietnam three years ago. RELATED NEWSThe tea that mesmerises drinkersHanoi sees bubble tea boomChi Mai
Source:VietNamNet News
April 28, 2018 01:41 UTC
Companies scratching heads over future
Companies scratching heads over futureAfter mobile operators announced a temporary halt of scratchcard payments in the past few days, digital and online gaming businesses said they had been hit hard. The sudden move without any warning put the businesses on the back foot, and saw a sharp drop in revenue. Many enterprises said they might have to cut number of employees or even delay or stop projects in the future, online newspaper ICTnews reported. Pham Quoc Thang, CEO of CMN Online, said by stopping scratchcard payment, the company’s revenue has dropped 80 per cent in recent days. As an alternative, many are looking at ways to connect with e-wallet businesses or set up their own payment channels.
Source:VietNamNet News
April 28, 2018 01:41 UTC
PM meets Philippine President on ASEAN Summit sidelines
PM meets Philippine President on ASEAN Summit sidelinesPrime Minister Nguyen Xuan Phuc met Philippine President Rodrigo Duterte in Singapore on April 27 on the sidelines of the 32nd Association of Southeast Asian Nations (ASEAN) Summit. Prime Minister Nguyen Xuan Phuc met Philippine President Rodrigo Duterte in Singapore on April 27 on the sidelines of the 32nd ASEAN Summit. Bilateral trade surpassed 4 billion USD in 2017, an annual increase of 25 percent, with rice trade bringing about practical mutual benefits. The two leaders discussed regional and international affairs of common concern, including collaboration within ASEAN, the East Sea issue, and fight against marine crime. Concerning the East Sea issue, both sides highlighted the importance of maintaining peace, stability, security, safety and freedom of navigation and overflight in the waters.
Source:VietNamNet News
April 27, 2018 15:22 UTC
Party chief urges greater anti-corruption efforts
Party chief urges greater anti-corruption effortsGeneral Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong has asked the Central Steering Committee for Anti-Corruption to instruct competent agencies to double efforts to ensure progress of investigation, prosecution and judgment of cases. Party General Secretary Nguyen Phu Trong speaks at the meeting. The case regarding Mobifone Telecom Corporation's purchase of 95 percent of the Audio Visual Global Joint Stock Company (AVG) will be under direct supervision of the steering committee, he instructed. At the same time, the investigation and settlement of a number of cases directly monitored the by committee must by completed soon, he stressed. Party General Secretary Trong said fighting corruption is a very hard task, requiring the absolute sense of justice.-VNA
Source:VietNamNet News
April 27, 2018 15:22 UTC
Hue Festival 2018 kicks off with firework show
Hue Festival 2018 kicks off with firework showA special art performance together with a firework display opened the Hue Festival 2018 at Ngo Mon (Noon Gate) Square in Hue imperial city on April 27 night. Within the framework of the festival, the Hue Monuments Conservation Centre on April 27 launched a centre that provides information about Hue imperial city and entertainment services using Virtual Reality (VR) technologies to explore the imperial city at Thai Hoa Palace. On the same day, a procession of 74 classic cars and motorbikes paraded through the main streets of Hue city to welcome the festival. There is also an international culinary festival featuring 100 booths from countries such as Laos, Thailand, China, France, Russia and Vietnam. It is home to five UNESCO-recognised heritages, namely the Hue ancient citadel relic complex – a World Cultural Heritage site; Nha Nhac (Hue royal court music) - an intangible cultural heritage item; Nguyen Dynasty’s wood blocks – a documentary heritage item; Nguyen Dynasty’s Chau ban (royal administrative documents) – part of the Asia-Pacific Register of UNESCO’s Memory of the World Programme; and literature on Hue royal architecture - a documentary heritage.-VNA
Source:VietNamNet News
April 27, 2018 15:22 UTC
Vietnam’s three cities to join ASEAN smart cities network
Vietnam’s three cities to join ASEAN smart cities networkThree major cities of Vietnam - Hanoi, Ho Chi Minh City and Da Nang - will be part of the ASEAN network of smart cities being proposed by Singapore, said Prime Minister Lee Hsien Loong on April 26. The smart cities network, which aims to better connect digital infrastructure and services like e-payments across the region, is Singapore's flagship initiative as the chair of ASEAN this year. Singapore is keen to strengthen ASEAN's resilience and innovation by developing e-commerce regulation and technology infrastructure, and boosting cyber security in the region. The proposal on the smart cities network is scheduled to be approved by ASEAN leaders at the 32nd ASEAN Summit on April 28 and will be launched within the framework of the next ASEAN Summit hosted by Singapore in November. ASEAN now groups Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.-VNA
Source:VietNamNet News
April 27, 2018 14:15 UTC
Vietnam lauds efforts of RoK, DPRK in Inter-Korean Summit organisation
Vietnam lauds efforts of RoK, DPRK in Inter-Korean Summit organisationVietnam congratulates and applauds efforts made by the Republic of Korea (RoK) and the Democratic People’s Republic of Korea (DPRK) in successfully organising the Inter-Korean Summit on April 27, said spokesperson of the Vietnamese Foreign Ministry Le Thi Thu Hang. RoK President Moon Jae-in (right) and DPRK leader Kim Jong-un at a meeting ahead of the Inter-Korean Summit on April 27. (Source: YONHAP/VNA)Hang made the remarks on the same day while answering reporters’ query regarding the organisation of the Inter-Korean Summit. She said the meeting has significantly contributed to peace and stability in the region and the world at large, including the acceleration of denuclearisation on the Korean peninsula. “Vietnam believes that the RoK, the DPRK and concerned parties will step up efforts to promote dialogues and carry forward active outcomes they have recorded over the past time to lay a long-term foundation for peace, stability and development on the peninsula and the region, meeting aspirations of people of the two Koreas, and for the sake of the international community,” Hang said.-VNA
Source:VietNamNet News
April 27, 2018 14:03 UTC
Prime Minister visits Singapore Management University
Prime Minister visits Singapore Management UniversityPrime Minister Nguyen Xuan Phuc visited the Singapore Management University (SMU), one of the top establishments supporting start-ups in Singapore on April 27. Prime Minister Nguyen Xuan Phuc visits Singapore Management UniversityTalking with SMU lecturers and students, the PM expressed his impression on a start-up incubator there that fostered 170 well-known firms in the country and region. Extending a message to around 100 Vietnamese students in SMU - one of the top public universities in Singapore, the PM wished that they would acquire the most advanced management skills and develop their ability in the most creative environment. The SMU, UEH and the Private Economic Development Board under the Vietnamese Government’s Advisory Council for Administrative Procedure Reform signed a cooperation agreement on studying and reporting Vietnam’s start-up system. SMU President Prof. De Meyer said SMU plans to hold leadership training courses with the Young Businesspeople Association of Ho Chi Minh City.-VNA
Source:VietNamNet News
April 27, 2018 14:03 UTC
ASEAN Tourism Forum 2019 to take place in Quang Ninh
ASEAN Tourism Forum 2019 to take place in Quang NinhThe annual ASEAN Tourism Forum (ATF 2019) is scheduled to take place in the northeastern province of Quang Ninh from January 14-19 under the theme “ASEAN: The Power of One”. The hosting of ATF in 2019 creates a golden opportunity for Vietnam in general and Quang Ninh in particular to promote tourism. A wide range of activities will be held as part of the forum such as formal meetings between officials of ASEAN National Tourism Organisation (NTO) and meetings between ASEAN tourism ministers and their counterparts from China, Japan, the Republic of Korea and India. Other events include association meetings involving ASEAN Tourism Association, Federation of ASEAN Travel Association, ASEAN Airlines Association, and ASEAN Hotel & Restaurant Association, exhibition and business appointments seeking to facilitate the trade of regional and individual tourism products of ASEAN member states, and a tourism conference. Under the Overall Plan for Tourism Development, Quang Ninh strives to become an international tourism centre and a leading tourism destination in Vietnam with modern infrastructure and diverse, high quality and competitive tourism products.
Source:VietNamNet News
April 27, 2018 09:33 UTC
Asia-Pacific Gateway submarine cable problem fixed
Asia-Pacific Gateway submarine cable problem fixedAsia-Pacific Gateway (APG) International’s undersea cable problem, which occurred at 11.50pm on Monday, was completely fixed on Wednesday at 5.10pm. A submarine cable.— Illustrative photoThe technical problem, which disrupted internet feed from Vietnam to other countries, was fixed two weeks earlier than expected, the Vietnam Posts and Telecommunications (VNPT) Group said. The APG cable experienced the first rupture on January 6, caused by the expansion of Changi Airport in Singapore. Initiated in 2009, APG International is a partnership between Chunghwa Telecom (Taiwan), China Telecom (China), China Unicom (China), KT Corporation (South Korea), NTT Communications (Japan), PLDT (the Philippines), Telekom Malaysia (Malaysia) and VNPT (Vietnam). The cable system became operational at the end of 2016, aiming to reduce Vietnam’s dependence on the Asia-America Gateway, which broke down several times last year.
Source:VietNamNet News
April 27, 2018 04:52 UTC
Carnival Ha Long kicks off with brilliant parade
Carnival Ha Long kicks off with brilliant paradeThe northern province of Quang Ninh’s Ha Long city was treated to a splendid parade on April 26 held as part of the spectacular Carnival Ha Long 2018. The splendid parade on April 26 held as part of the spectacular Carnival Ha Long 2018. With meticulous preparation, the parade has become an impressive highlight, making significant contributions to the success of Carnival Ha Long 2018. This year, the province also hosts the National Tourism Year 2018-Ha Long- Quang Ninh. The province, home to the world natural heritage site of Ha Long Bay, is the host of the National Tourism Year 2018 themed “Ha Long-Heritage, Wonder, Friendly Destination”.
Source:VietNamNet News
April 27, 2018 04:18 UTC
Fashion Street launched in District 5, HCM City
Fashion Street launched in District 5, HCM CityThe 2-km Nguyen Trai Street in District 5, Ho Chi Minh City has been named Fashion Street which accommodates more than 200 fashion boutiques selling all kinds of items, from clothing, footwear, bags to hats and sunglasses. A fashion show is held to celebrate the launch of the Fashion Street in District 5, Ho Chi Minh City. The Fashion Street, launched on April 26, is expected to be an appealing destination for not only local youngsters but also tourists. To celebrate the launch of the Fashion Street, a promotion week is taking place in the street from April 26 – May 2, offering various deals of up to 70 percent discount. A representative of the People’s Committee of District 5 added that the district will put the e-commerce platform “muasamquan5.com” on a trial run from late June in which shops on the Fashion Street will be offered an online store free of charge.-VNA
Source:VietNamNet News
April 27, 2018 04:18 UTC