Universities step up cooperation in technical training

 Nearly 200 delegates from 55 domestic and foreign universities are participating in the 2018 CDIO Asian Regional Meeting in the central city of Da Nang from March 12-14 to boost cooperation in technical training.

Hoi An hosts third int’l food festival

 The third Hoi An International Food Festival 2018 - “Taste the World” is taking place in Hoi An city, the central province of Quang Nam, from March 11-17.

Jail terms proposed for defendants in Navibank case

The HCM City People’s Procuracy on March 12 proposed jail sentences of 8-15 years for ten former Navibank officials involving in the case of “deliberately violating State regulations on economic management, causing serious consequences” at the bank. 

Chilean ambassador receives friendship insignia

Outgoing Ambassador of Chile to Vietnam Claudio Andres De Negri Quintana has been honoured with the “For Peace and Friendship among Nations” insignia of the Vietnam Union of Friendship Organisations.

Vietnamese students show creativity in making robots

 GreenAms Robotics Team 6520 of the Hanoi-Amsterdam High School for the Gifted are showing their talents in making robots at the First Robotics Competition which began in Sydney city, Australia, on March 12. 

Japan bank considers funding PetrolVietnam’s gas project

The Japan Bank for International Cooperation (JBIC) is considering funding the Block B&52/97 project of the Vietnam Oil and Gas Group (PetrolVietnam) using loans without a government guarantee.  

Vietnamese shares rise slightly on both bourses

 The benchmark VN-Index on the HCM Stock Exchange (HOSE) rose only 2.88 points to 1,126.29 points at the end of March 12.

Over 40,000ha of rice to be hurt by saline intrusion in Hau Giang

Over 40,000ha of winter-spring and summer-fall rice in the Mekong Delta province of Hau Giang will be hurt by saline intrusion this year.

Vinachem announces equitisation plan for 2018

 The Vietnam National Chemical Group (Vinachem) has announced its equitisation and divestment plans for its member companies in 2018.

Sports events await Vietnam in 2018

 Sports events await Vietnam in 2018

M&As in the plastics industry: opportunities or challenges?

With an annual growth rate of 20 percent and market value of $5 billion in 2017, plastic packaging will continue to be a profitable industry. 

Over 70 charged for online gambling

 VietNamNet Bridge – Police of northern Phu Tho Province have launched legal proceedings against more than 70 defendants for their alleged involvement in a major gambling and money laundering case.

PM attends Vietnam-New Zealand Business Forum

 Prime Minister Nguyen Xuan Phuc advocated boosting cooperation between Vietnam and New Zealand in fields of mutual interest such as education-training, organic agriculture, smart agriculture, and infrastructure.

Government News 13/3

Deputy PM Truong Hoa Binh receives Myanmar border minister, HCM City, Phnom Penh seek stronger cooperation, Deputy PM welcomes Jardines Matheson Group’s Chairman, Senior officials discuss preparations for 6th GMS Summit

Nepal plane crash survivors describe chaos

 Survivors and witnesses of a plane crash in Nepal have described scenes of chaos when the aircraft went down, killing at least 49 people.

Vietnam, Cambodia promote cooperation in religious affairs

Vietnam and Cambodia have agreed to continue increasing delegation exchange, cooperation and experience sharing in State management on religion in localities.

Ban Flower Festival 2018 to open in Dien Bien

 The Ban Flower Festival 2018 will take place in Dien Bien from March 17-19, with many new activities to attract visitors to the northern mountainous province, said the organising board.

Cultural event helps revive ao dai for men

 A cultural event has been held at the Temple of Literature to popularise the ao dai (traditional long robe) for men.

Vietnamese kids access 4.0 technology at younger age

 Like many other countries, Vietnam is entering the fourth industrial revolution with many opportunities and challenges, of which, the most challenging thing is human resources. 

Vietnamese places second at Chambéry French Grand Prix

 Nguyen Thi That came second in the 16th Grand Prix of Chambéry cycling tournament on March 11 in the district of Chambéry-le-Vieux in Savoie, France.

Warburg Pincus to pump over $370m into Techcombank

 Two separate legal entities managed by Warburg Pincus would invest over 370 million USD in the Vietnam Technological and Commercial Joint Stock Bank (Techcombank), announced the bank on March 12.

Vietnam U16 second in Japan-ASEAN friendly football tourney

 Vietnam’s U16 team finished second in the Japan-ASEAN friendly football tournament after losing 0-1 to Indonesia in the final on March 12.

Turkey initiates anti-dumping investigation into Vietnam’s core welding wire

 The Turkish Ministry of Economy has launched an anti-dumping investigation into core welding wire imported from Vietnam, according to the Vietnam Commercial Affairs Office in Turkey. 

Admiring Da Lat’s lush spring flower meadows

Da Lat is known as the “city of flowers” as the meadows and fields in the land bloom all year round. Visiting Da Lat in spring, people are offered the opportunity to wander across a stunning landscape of colourful flower meadows.

BUSINESS IN BRIEF 13/3

Banks enter capital mobilization race, Quality of fruit exported to U.S. needs special attention, HCMC to continue making advance payment for metro project, New decree must ensure tight control on Grab, Uber