VIETNAM BUSINESS NEWS MAY 14

New container terminals to be built in Hai Phong

From humble start to world’s best rice

The Vietnamese rice sector was shocked last month when companies from the US and Australia attempted to attain the trademark for ST25 rice.

VIETNAM NEWS HEADLINES MAY 14

Vietnam records 60 new COVID-19 cases on May 14 afternoon

Investors prefer trading in land, shun the less profitable auto industry

Vingroup has sent a dispatch to the Ha Tinh provincial People’s Committee, proposing a project on an automobile complex.

Five localities seek PM approval for giant highway project

Hanoi and the four northern provinces of Hung Yen, Bac Ninh, Bac Giang and Vinh Phuc have proposed a major highway project to the Prime Minister.

BioPlas founder seeks capital to expand production of degradable bio-plastics

BioPlas is one of the most interesting and inspiring projects of the Shark Tank TV Show series, where startups meet "sharks" to seek investors.

Young soldiers on islands excited with first-time voting

For Vietnamese citizens, casting votes for National Assembly deputies and members of all-level People’s Councils is a special event, especially for those who exercise their civil rights and obligations for the first time. 

Debate intensifies on future of coal

After one major South Korean coal-fired power financier decided last month to withdraw its participation in foreign markets in the sector, questions have arisen on the feasibility of planned coal-based ventures.

Vietnamese smartphone usage spent mostly on Facebook

In 2020, Vietnamese spent 25% of their time on smartphones surfing Facebook and 12% of their time watching YouTube.

Vietnamese ancient costumes regain their place in modern life

Although efforts have been made in terms of the research and restoration of Vietnamese traditional and ancient costumes for a long time, 

If Vietnam becomes complacent about achievements, it will be left behind: economists

Vietnam ranks 70th among 190 economies in this year's Doing Business 2020 report released by the World Bank (WB). One year earlier, it ranked 69th, and in 2018, it was 68th.

Hanoi closes all golf courses to prevent COVID-19 spread

The Hanoi People’s Committee has ordered closing sports events, golf courses and training facilities as from 12:00 on May 13.

3,000-year-old drill bit workshop unearthed in Dak Lak

An ancient drill bit workshop dating back more than 3,000 years has been uncovered at an archaeological site in Ea Sup district in the Central Highlands province of Dak Lak, according to the provincial museum.

Vietnam backs waiving IP rights on COVID-19 vaccines: Spokesperson

To keep COVID-19 at bay, Vietnam wants countries that produce vaccines to waive the associated intellectual property (IP) rights to boost availability worldwide, 

Entry into Vietnam suspended, restricted: spokesperson

Amid complicated developments of the pandemic in the world, Vietnam has decided to temporarily suspend and restrict the entry of foreigners and overseas Vietnamese to focus on implementing pandemic prevention and control measures in the country.

Spokeswoman: Vietnam always respects policy on freedom of religion and belief

Vietnam always respects and consistently implements a policy of ensuring citizens’ right to freedom of religion and belief and to follow or not follow a religion, guarantees equality and non-discrimination based on religion or belief, 

Vietnam, New Zealand hold 12th political consultation

The holding of the virtual 12th political consultation demonstrated the flexibility and determination to maintain the sound relationship between the two ministries and the two nations in general.

 

US firm proposes two LNG projects in Van Phong EZ

Authorities of Khanh Hoa have sought the Prime Minister’s backing of two major projects with total investment of more than $27 billion proposed by the Millennium Energy Corp of the US at the Van Phong Economic Zone (EZ).

PM speeds up progress of major traffic projects in Mekong Delta

Prime Minister Pham Minh Chinh has ordered localities in the Cuu Long (Mekong) Delta to speed up site clearance to ensure the progress of the My Thuan 2 Bridge and the My Thuan-Can Tho expressway.

HCM City promises to remove administrative barriers to long-delayed projects

HCM City authorities on Tuesday promised enterprises that they would continue to support enterprises amid the COVID-19 pandemic, and would speed up major projects that have been delayed for years.

Building an appropriate plan for the socioeconomic future

With the backdrop of pandemic, global trade tensions, natural calamities, and other hurdles, Vietnam has drawn up new directions for its 5-year socioeconomic development that now depends on the newly-elected government's leadership. 

Vietnam’s retailers accelerate shopping experiences to meet consumer demand

Mobile orders have been instrumental in helping maintain social distancing and adherence to local guidelines.

Race for Covid-19 vaccine must start soon

Last week, my friend told me that his daughter, who is studying in the US, had just been vaccinated against Covid-19 just one day after returning in the US to attend college. 

Voters on Truong Sa ready for National Assembly elections

Like voters on the mainland, citizens and soldiers on the Truong Sa (Spratly) archipelago are eagerly awaiting the day when they can select their representatives in legislatures at all levels. 

VIETNAM BUSINESS NEWS MAY 13

Vietnamese exporters struggle with rising material prices