U.S. auto council bemoans stringent Decree 116

The American Automotive Policy Council has expressed its concern over some points in the Vietnamese Government’s Decree 116/2017/ND-CP on auto trade, saying such policies are more stringent than needed.

Minimum hourly wages in informal sector to be introduced

 There will be minimum hourly wages to protect laborers working in the informal sector, according to the National Wage Council.

Finnish educational model introduced to Vietnamese children

 Viet Motion Technology Advisory and Investment Company Limited has become the sole franchisee of Arkki educational model of Finland in ten South Asian countries including Vietnam to provide children with integration skills.

A visit to French Consulate General in HCM City

The French Consulate General in HCMC in the heart of the city is a building featuring French architecture in the late 19th century.

Trinh Linh Giang fights back to make Vietnam F3 Futures quarterfinals

 Vietnam’s Trinh Linh Giang fought back from a set down to beat the no. 2 seed and world no. 652, Karunuday Singh, in their second-round clash on May 16, to advance into the Vietnam F3 Futures quarterfinals in a convincing fashion.

Temple of Literature to host first-ever summer programme for children

 Hanoi’s Temple of Literature will host a first-ever summer programme for children from June 1 to August 20, which is designed to educate children on Vietnamese traditional cultural values while improving their life skills.

Parkson Vietnam flounders in seven consecutive quarter losses

 Since closing its fourth shopping mall in Vietnam, the sales of Parkson have reduced sharply.

Vinhomes makes historic stock market debut

 Vinhomes, the real estate arm of Vingroup JSC, listed 2.68 billion shares on the Ho Chi Minh City Stock Exchange on May 16 under the ticker VHM. The company expects to garner attention from foreign investors.

Automobile joint ventures expanding production in Vietnam

VietNamNet Bridge - While some automobile assemblers have stopped domestic production and shifted to importing products, others have poured more money into production lines in Vietnam.

Japanese enterprises pay regular salary increases

The salaries and bonuses paid at Japanese enterprises in Vietnam are regular and stable, according to the latest report from Navigos, released on May 16.

Government News 17/5

 Deputy PM Pham Binh Minh receives Greek ambassador, PM visits fishermen in Thua Thien-Hue, Quang Tri provinces, HCM City’s leaders extend greetings on Buddha’s birthday, NA Standing Committee concludes 24th session

Envision and Hitachi Zosen enter Vietnamese renewable energy sector

 The renewable energy sector and environmental projects continue to attract foreign capital investment, with many projects substantial in size and affirmed for implementation.   

SAEZs to spur Vietnam’s economic development

The draft Law on Special Administrative-Economic Zones (SAEZs) reflects Vietnam’s sharp change in mindset in investment attraction, with incentives expected to help lure in investment and boost the country's economic development.

Transport minister: no more delays at Cat Linh-Ha Dong metro

 The railway projects' management board, general contractor, and relevant units have to ensure that the Cat Linh-Hadong elevated urban railway will be put into trial operation in October 2018, said Minister of Transport Nguyen Van The.

FDI highlighted as key driving force of the economy

The Vietnamese government have re-affirmed the great contributions that FDI has made to the Vietnamese economy in the past three decades, stressing that this type of capital will continue being vital to the country.

Banks raise fees over 55 million trash ATM cards

 Many banks have decided to increase banking service fees in early May. Economists suppose that the widespread use of ATM cards is the main cause behind the increases.

Vietnam Airlines flight fails to take off twice due to glitch

Passengers were very angry because Vietnam Airlines flight from Danang to Hanoi in the evening of May 14 was delayed several times, after which they were allowed to board, waited for two hours, and then were asked to deplane.

Cannes 2018: Jane Fonda talks #MeToo, Grace and Frankie and HBO documentary

 Jane Fonda has successfully combined Oscar-winning Hollywood celebrity and firebrand political activism with a fitness video empire.

Designer Do Trinh Hoai Nam opens Ao Dai Festival in the US

Designer Do Trinh Hoai Nam has been invited to open the Ao Dai Festival in the US with the ao dai inspired by the legendary Mother Au Co.

Train operating hours changed for summer holiday

The Vietnam Railways Corporation announced that the operating hours of Thong Nhat train service has been adjusted starting May 15th to meet tourists' demand.

HCMC: Bar waitresses dress provocatively to serve foreigners

 Many waitresses at a bar in Ho Chi Minh City were found to dress in a provocative way while dancing to serve a group of South Korean men.

Ha Giang Province’s proposal to build administrative centre turned down

 The Ministry of Planning and Investment has rejected the northern province of Ha Giang’s proposal to build a new administrative centre.

Driver shocked to find small child in the middle of the road

 A driver was startled when a small child suddenly ran out onto the highway in Nghe An Province. 

Yen Bai to host paragliding festival

 A paragliding festival is to take place from May 18 to 20 on Khau Pha Mountain Pass in Mu Cang Chai district in northwestern Yen Bai province.

Facebook privacy: MEPs to press Zuckerberg

 Facebook has confirmed its chief executive will meet leading members of the European Parliament to discuss privacy concerns in Brussels.