Manufacture is VN economic propellant

 The economy’s manufacturing and processing sector has broken its October growth record with a new record in November, giving the 11-month industrial production – and the whole-year growth target – a jolt.   

BUSINESS IN BRIEF 9/12

 Forum talks future of retail banking in Industry 4.0, HCMC sets 20 targets for 2018, CBU auto imports may exceed US$2 billion this year, Foreign currency loans increase sharply, VN to gain $3.6b from vegetable, fruit exports     

Foreign capital in real estate sector reaches record-high

VietNamNet Bridge - One of the six large-scale FDI (foreign direct investment) projects registered in the first 10 months of the year is the smart complex in Thu Thiem Urban Area in district 2, HCM City with investment capital of $885.85 million. 

Cyber law balances security, information freedom

Dr Mai Liem Truc, former deputy minister of Post and Communications, talks to the newspaper Nong thon ngay nay (Countryside Today) about the need to finalise the draft Law on Cyber Security.

Hanoi gives glimpse of Korean ceramics

 The exhibition of South Korean Ceramics opened in Hanoi on December 6, marking the 25th Anniversary of the Vietnam – South Korea diplomatic relations establishment.

Former PVN official Dinh La Thang arrested

 The Investigation Police Department under the Ministry of Public Security on December 8 issued a decision to arrest and start legal proceedings against Dinh La Thang, former Chairman of the Member Council of PetroVietnam.

Bringing Kim Hoang painting to the world

 Following more than one year of revivification this type of folk paintings has received the attention of the people, especially enthusiasts of traditional cultural values. 

3D technology applied in cardiovascular surgery for the first time

 Doctors at the Cardiovascular Centre under the Hanoi-based E General Hospital have applied 3D technology in successful cardiovascular endoscopic surgery for a patient suffering from atrial septal defect (ASD).

Vietnam concerned about negative impact of US’s decision on Jerusalem

 Vietnam’s Foreign Ministry spokesperson has expressed concern that the US’s latest decision on Jerusalem can have negative impact on peace and stability in the Middle East. 

Hospitality experts tell of imbalance

Despite coming off a good year for hotels in Vietnam’s two main cities, experts are still warning of an imbalance.

Vietnam, Liberia strive to triple trade revenue

 Vietnam and Liberia have affirmed their determination to double or triple the current bilateral trade of 35.3 million USD.

Social News 8/12

Save the Children launches campaign on nutrition, Japan shares experience in land management, Application of ICG opens new era in colorectal cancer treatment, Firefighters are trying to control the blaze

Da Nang beaches face worst erosion in decades

A 500m section of beach in Ngu Hanh Son District of the central city of Da Nang has been seriously eroded by uninterrupted rain and rising sea waves in the last two months.

Vietnam's TV serial attracts foreign attention

 A new serial on family relations, Ca Mot Doi An Oan (Life of Love and Feud), will go to air on Viet Nam Television — and overseas.

CMC launches first cable system directly connecting to Southeast-Asia grid

 CMC Telecom on Thursday in Ha Noi officially inaugurated its Cross Viet Nam Cable System (CVCS), which is the only system in Viet Nam directly connecting the Southeast-Asia grid.

BSR inks crude oil supply agreements with Socar, Glencore

Binh Son Refining and Petrochemical Co Ltd (BSR) on December 8 signed crude oil supply agreements with two trading companies – Glencore Singapore and Socar Trading SA – to supply the Dung Quat refinery for the 2018-25 period.

Investigation of forest destruction be speeded up: Deputy PM

 Deputy Prime Minister Trinh Dinh Dung has ordered Binh Dinh's Police Department to quickly complete its investigation into 60ha of a local forest being illegally chopped down in An Lao District’s An Hung Commune in late August.

Teachers college opens in central region

 Da Nang University has opened the Da Nang  Technology and Education College to train 2,000 students in four technological and engineering faculties.

More severe coastal erosion spotted in Thua Thien - Hue

 Coastal areas in the central province of Thua Thien - Hue are facing worsen erosion, threatening inland life and infrastructure.

Ministry rejects Uber’s complaints about tax arrears

 The Ministry of Finance rejected the Netherlands-based Uber International Holding BV’s complaints about the decision to collect 67 billion VND, or nearly 3 million USD, in tax arrears in a statement sent to the US-ASEAN Business Council.

Vietnamese swimmer continue to shine at World Para Championships

 Vietnamese swimmer Trinh Thi Bich Nhu won another silver medal on December 7, the last competition day of the World Para Swimming Championships 2017 in Mexico City. 

FPT enters highest level of IBM’s technology partner

 Multinational technology company IBM has announced that FPT Information System (FPT IS, a member of FPT Corporation) is officially considered a Platinum business partner (the highest level) of IBM.

Largest bus plant in Southeast Asia put into operation in central VN

Thaco hosted the opening ceremony of Bus Thaco Plant, which is considered to be the largest one in the Southeast Asian region so far, in the central province of Quang Nam this morning.

Foreign investors raise voices against special consumption tax on soft drink

VAT increase and special consumption tax levy on soft drink might do more harm than good, said Herbert Cochran, director of Vietnam Trade Facilitation Alliance (VTFA) in Hanoi this morning.

HCM City requires review of all BOT, BT projects

HCMC has required relevant agencies to review and synthesize projects invested under BOT and BT forms for Civil Affairs Committee to submit to the standing board of HCMC Party Committee before December 8 this year.