Prime Minister receives RoK’s former Minister of Policy Coordination
Prime Minister receives RoK’s former Minister of Policy CoordinationPrime Minister Nguyen Xuan Phuc highlighted the importance of cooperation in the fields of knowledge, technical assistance and technology transfer via the Republic of Korea’s investments in Vietnam while receiving former Minister of Policy Coordination of the RoK Yoon Dae-hee in Hanoi on March 29. Prime Minister Nguyen Xuan Phuc (R) and Minister of Policy Coordination of the RoK Yoon Dae-heeThe PM said he is glad to see the former minister again and told him that the RoK has become one of the largest and most important investment and trade partner of Vietnam. He spoke highly of the RoK guest’s activities pertaining to technical assistance and the sharing of knowledge and experience. The former minister, for his part, said the Korean people are very keen to learn about bilateral cooperation with Vietnam, especially high-level meetings of the countries’ leaders. He spoke of his special attention to the knowledge-sharing programme between the two countries given it will contribute to Vietnam’s socio-economic growth.
Source:VietNamNet News
March 29, 2018 14:26 UTC
Tourism see strong start in Q1, grows 30 percent
Tourism see strong start in Q1, grows 30 percentThe tourism industry saw a strong start in 2018 as the international tourist arrivals to Vietnam reached over 4.2 million people in the first quarter of the year, an increase of 30.9 percent year on year. Foreign visitors to Vietnam reach 4.2 million people in the first quarter of 2018, up 30.9 percent year on year. According to the General Statistics Office (GSO), Vietnam welcomed more than 1.3 million visitors in March, the third consecutive month the foreign tourist arrivals exceeded a million. The continuous expansion of the tourism can be partly attributed to Vietnam’s active tourism promotion overseas since the beginning of the year. The country expects to welcome 1 million Russian guests by 2020.
Source:VietNamNet News
March 29, 2018 13:41 UTC
Shares end three-day rally on fears of volatility
Shares end three-day rally on fears of volatilityShares declined for the first time in the last four trades as investors still kept a cautious view on the market outlook amid global volatility following the US-China trade tension. The southern market index has expanded more than 4 per cent this month. On the Hà Nội Stock Exchange, the HNX-Index closed off 0.51 per cent at 131.88 points. Liquidity here also dropped to about 42 million shares worth VNĐ707 billion being traded, down 5.3 per cent in volume and 15.5 per cent in value compared with Wednesday’s figures. Asian and US stocks declined for a second day on Thursday over fears China could target a broad range of US businesses if trade spat worsens.
Source:VietNamNet News
March 29, 2018 12:56 UTC
Four Vietnamese on Forbes 30 under 30 Asia list
According to the magazine, the list features 30 young influencers, innovators, and entrepreneurs across Asia, who are challenging conventional wisdom and rewriting the rules for the next generation. Nguyen Van Quang Huy, 28, is the co-founder and CTO of Holistics, providing data infrastructure and business intelligence (BI) services for B2B customers. He also co-founded Grokking Vietnam – a not-for-profit organization that supports Vietnamese IT programmers and engineers. Pham Anh Duc, 29, is the co-founder and CEO of online healthcare discovery and listing platform ViCare.vn. Launched in 2015, ViCare currently has a listing of some 50,000 clinics and around 40,000 doctors.
Source:VietNamNet News
March 29, 2018 11:26 UTC
Thousands of Vietnamese online stores to go bankcrupt by Facebook blocking API
Thousands of Vietnamese online stores to go bankcrupt by Facebook blocking APIFacebook has just blocked API, affecting a large number of Vietnamese online businesses utilising the social network as a trading platform. A large number of online sellers are affected due to Facebook's blocking APIOn March 27, many large fanpages and online services simultaneously announced problems related to applications developed on Facebook and Messenger in Vietnam. Almost none of the relevant apps like Facebook Shop and third party apps using application programming interface (API) collecting user data work. Tung also said that all the websites’ features and apps related to Facebook user data are affected. API currently cannot work in VietnamOn March 26, Facebook announced changes related to APIs and third-party applications to all developers using the Messenger platform.
Source:VietNamNet News
March 29, 2018 11:03 UTC
Senior officials meet in Hanoi ahead of GMS-6
Senior officials meet in Hanoi ahead of GMS-6The Greater Mekong Subregion (GMS) Senior Officials’ Meeting convened in Hanoi on March 29 in preparation for the upcoming sixth GMS Summit (GMS-6) on March 31. Senior officials reviewed the last-minute preparation work and finalised draft documents for submission to GMS leaders. Reports on the 25-year cooperation of GMS and GMS e-commerce cooperation will be recorded at the GMS-6. Senior officials from Cambodia, China, Laos, Myanmar and Thailand highly evaluated the careful preparation of Vietnam and welcomed the host’s initiatives. The GMS Programme is the most complete cooperation programme that involves Vietnam, Laos, Cambodia, Thailand, Myanmar, and China’s Yunnan and Guangxi provinces.
Source:VietNamNet News
March 29, 2018 10:07 UTC
U.S. transfers six metal shark patrol boats for VN
U.S. transfers six metal shark patrol boats for VNVice Admiral Midgette’s visit coincides with the official handover of the Coast Guard Region 4 Station from the U.S. to Viet Nam, comprisingUS$20 million worth of infrastructure and equipment. Region 4 Metal Shark boatsThe handover includes a training center, a maintenance facility, a boat lift, vehicles, a navigation simulator, and six brand-new fast-response Metal Shark boats—capable of reaching up to 50 knots. This official transfer of Region 4 Station on Phu Quoc Island is another significant milestone in the bolstering partnership between the U.S. and Viet Nam and demonstrates U.S. support for a strong, prosperous, and independent Viet Nam that contributes to international security and the rule of law. Ambassador to Viet Nam, Dan Kritenbrink said, “This fall, we plan to break ground on the Region 3 facility in Vung Tau” and hailed that this is “a truly exciting moment” in the fruitful U.S.–Viet Nam partnership. Region 4 Metal Shark boats will serve to deter bad actors from committing crimes against or near Viet Nam.
Source:VietNamNet News
March 29, 2018 10:07 UTC
VN International Travel Mart 2018 offers low-cost tourism options
This year’s theme for the annual regional tourism event is “Online travel, Vietnam tourism looks toward the fourth industrial revolution”. The fair offers many opportunities for visitors to discover new tourism products and services through hi-tech applications. A KTO representative says the number of Vietnamese tourists to the RoK increased from 160,000 in 2014 to 320,000 in 2017. The VITM attracts thousands of visitors on its first day, as travel agents launch an impressive range of promotional programs. There are also spaces for art performances and to sample the cuisine of Vietnam and other countries.
Source:VietNamNet News
March 29, 2018 09:45 UTC
Hanoi to host international piano festival
Hanoi to host international piano festivalThe 2018 International Piano Festival will be held at the Vietnam National Academy of Music in Hanoi from August 11 – 18. The 2018 Hanoi International Piano Festival will be held from August 11 – 18. Le Anh Tuan – Director of the Vietnam National Academy of Music, while Professor and People’s Artist Dang Thai Son will be Art Director of the event. The council of international professors include: Prof. Susumu Aoyagi from Japan, Prof. Tai-Cheng Chen (the US-Chinese Taipei), Prof. Tran Thu Ha (Vietnam), Prof. Katarzyna Popowa-Zydron (Poland), and Prof. Dang Thai Son (Vietnam – Canada). Prof. Dang Thai Son will present ten scholarships worth US$300 each to ten outstanding competitors, along with a number of other awards.
Source:VietNamNet News
March 29, 2018 09:33 UTC
Vietnam International Travel Mart 2018 underway
Vietnam International Travel Mart 2018 underwayThe Vietnam International Travel Mart (VITM) 2018 opened on March 29 and will last until April 1 at the Friendship Cultural Palace, 91 Tran Hung Dao Street in Hanoi’s Hoan Kiem district. Vu The Binh, Deputy Chairman of the Vietnam Tourism Association (VITA), told the opening ceremony. An exclusive exhibition area has been set up by online travel businesses as well as agencies providing technological solutions for tourism. VITM is the leading travel fair in Vietnam and one of the key travel shows in the region. Participating in VITM creates an unparalleled chance to engage and expand business, especially for the outbound travel segment.
Source:VietNamNet News
March 29, 2018 09:22 UTC
Stock market thrives, expectations soar for “emerging market” status
Stock market thrives, expectations soar for “emerging market” statusVietNamNet Bridge - The VN Index has been increasing sharply since the beginning of the year with capital flowing to finance and banking, real estate, and shares with a high capitalization value. The VN Index has been increasing since the beginning of the yearWith the sharp price increases in 2017 and the strong rise this year, coupled with lifting of the foreign ownership ceiling and state’s divestment from state-owned enterprises, Vietnam now can satisfy requirements in market scale and liquidity. However, some believe that this may happen sooner, possibly in the assessment period in June 2018.Meanwhile, a local newspaper quoted Vo Tri Thanh from the Central Institute for Economic Management (CIEM) as saying that Vietnam’s stock market has a 25 percent chance of being upgraded to the “emerging market” status by 2021.Reports show that the VN Index has increased by 15.2 percent so far this year, while the VN 30 Index has increased by 14.1 percent, of which 28.2 percent increase has been reported for bank shares, 21.7 percent for real estate and 19.3 percent for finance services.It is still unclear when Vietnam will be upgraded to an emerging market. However, the price increase of shares with big capitalization values (banking, securities, insurance and real estate) which would help increase Vietnam’s proportion in the MSCI index after the upgrade.Analysts estimate that Vietnam stock market may obtain a 30-40 percent growth rate after the upgrade, which happened with the Arab Emirates, Qatar and Pakistan. RELATED NEWSHow will the Vietnam economy be in 2018?
Source:VietNamNet News
March 29, 2018 09:00 UTC
Education sector urged to solve pressing issues
Education sector urged to solve pressing issuesVietNamNet Bridge – Vietnam’s education sector has been ordered to shape up and improve its public image. Vietnam’s education sector has been ordered to shape up and improve its public image. — Photo dantri.com.vnThe Government asked the Ministry of Education and Training to take measures to solve cases related to teacher redundancy and teacher recruitment in some localities at a meeting between the Government’s working group and the ministry yesterday. The Government asked the ministry to review the case and not allow universities to ignore quality to fill in recruitment quotas. Nguyen Van Phuc, Education and Training deputy minister affirmed that training quality must be ensured, threatening to name and shame universities which fail to follow admission regulations.
Source:VietNamNet News
March 29, 2018 09:00 UTC
Ho Chi Minh City Court turns down lawsuit against Apple
Ho Chi Minh City Court turns down lawsuit against AppleHo Chi Minh City People's Court has just turned down a lawsuit by two Vietnamese lawyers against Apple Company over their software that they claim slows down older iPhones. "Apple have violated Vietnamese Consumer Protection Law," the lawyers said in their document. Hung and Tung demanded Apple to issue solutions to stop the slowdown or offer free battery replacements to all users. They also created a website to encourage iPhone users to register and join in the lawsuit. He also enclosed an apology letter from Apple to iPhone users, an investment license certificate and a business registration certificate of Apple Vietnam Company which represents Apple.
Source:VietNamNet News
March 29, 2018 08:26 UTC
Innovative model ‘smart school’ in HCMC needing more resources
Innovative model ‘smart school’ in HCMC needing more resourcesIn the conference ‘The application of 4.0 technology into building a smart school in Ho Chi Minh City’, held by Ho Chi Minh City (HCMC) Department of Education and Training on March 27, leaders of many high schools stated that the model ‘smart school’ would have very positive effects on learners. If approved by HCMC People’s Committee, the supposed model will be piloted in the academic year 2018-2019 in Le Hong Phong High School for the Gifted and Tran Dai Nghia High School as well as some primary schools, junior high schools, and high schools in District 1 and District 12. The smart school will operate on the basis of applying information and communication technologies into management and organization of educational activities. Leaders of many high schools stated in the conference that the model ‘smart school’ would have very positive effects on learners. Yet the project is left undone although it seems even more feasible than the ‘smart school’ project.
Source:VietNamNet News
March 29, 2018 08:26 UTC
Government News 29/3
He made the statement at a reception for Japanese Ambassador to Vietnam Umeda Kunio in Hanoi on March 28. Chung said Hanoi is looking forwards to Belarus’ support and cooperation human resources training for management of public transportation. President Keita showed his warm sentiments to Vietnam as well as his admiration towards President Ho Chi Minh. According to him, Agriterra sent experts to Vietnam and welcomed a Vietnam Farmers’ Union delegation to the Netherlands for training. The Vietnamese and Belarusian economies can supplement each other, which will contribute to the growth of both countries, he added.
Source:VietNamNet News
March 29, 2018 08:15 UTC