Vietnam is accelerating economic reforms: Prime Minister

 Vietnam is focusing on completing economic reforms and building a consistent, synchronous and modern administrative regime to enhance governance efficiency, said Prime Minister Nguyen Xuan Phuc.

Ministry wants clear responsibilities in huge loss-making fertilizer project

 The Ministry of Industry and Trade required the Chemical Group and management board of Ninh Binh Nitrogenous Fertilizer Plant and Ninh Binh Nitrogenous Fertilizer to clarify responsibilities relating to wrongdoings causing the plant huge losses.

Small network operators quietly prepare for new game

VietNamNet Bridge - The market was still dominated by the three biggest players – VinaFone, MobiFone and Viettel -- but sources said small operators were preparing for a new game.

Social News 19/1

 Ministries asked to speed up online public service delivery, Media works on anti-smoking awarded, Workers, students receive 5,000 free bus tickets for Tet, Four sentenced for illegally taking people abroad

Phong Nha Heritage forest seriously damaged by loggers

VietNamNet Bridge - Numerous precious timber planks chopped down by illegal loggers have been left on the ground, aimd vast clearings in the Hoa Son forest.

Where were the richest Vietnamese born?

VietNamNet Bridge - The 500 richest Vietnamese stock billionaires as of December 31, 2016 had held VND167.362 trillion worth of stock assets, or $7 billion. Forty five of them are from Hanoi, holding 27.3 percent of total assets.

Urban FMCG market rising as rural market sees lower growth

 The key market highlights in December were as follows:

English skills still low despite big money poured into programs

Vietnam has vowed to improve students’ English skills by pouring trillions of dong into English teaching programs, but the majority of university graduates cannot communicate in English.

Cell therapy: A new hope for cancer patients in Vietnam

 VietNamNet Bridge – The Ha Noi Medical University is acquiring immune cell therapy know-how from Japanese experts to treat cancer patients.

FOLs will help banks revamp

 A rise in foreign ownership limits is needed to importantly help Vietnam speed up the local banking sector’s restructuring.

BUSINESS IN BRIEF 18/1

 Interest rates could rise 0.5-1% in 2017: BVSC, Multi-level marketing companies face ministry's wrath, Vietnamese economy urged to be cautious of external shocks, PM approves agreements with foreign countries

Vietnam’s best female gymnast retires from competition

 Viet Nam’s best female gymnast Phan Thi Ha Thanh has decided to retire from competitive events.

Lao leaders hail contributions of Vietnamese voluntary soldiers

 Leaders of Lao Party, State, and National Assembly have spoken highly of contributions made by Vietnamese voluntary soldiers and experts to Laos’s national liberation cause.

Vietnamese invest heavily in Australian cattle industry

 Meat and Livestock Australia has unveiled that the first large-scale purchase of an Australian cattle ranch – for beef production – by a Vietnamese company has been made.

Tourist destinations to undergo annual reviews

 The Vietnam National Administration of Tourism (VNAT) will review tourist destinations in the country and announce results once a year, according to a Ministry of Culture, Sports and Tourism decision. 

Photographer Rehahn opens heritage gallery museum in Hoi An

 French photographer Rehahn last week opened a Precious Heritage Gallery Museum in the UNESCO-recognized ancient town of Hoi An in the central coast province of Quang Nam.

Measures suggested for easing overload at Tan Son Nhat

Dinh La Thang, secretary of HCMC’s Party Committee, has suggested opening check-in counters outside Tan Son Nhat International Airport as a measure to ease overload inside the airport and reduce congestion on the roads around the airport.

Vietnam Literature and Art Award winners honoured

 The National Committee of the Vietnam Union of Literature and Arts Associations held an awards ceremony in Hanoi on January 17 to honour 66 outstanding literature and art works in 2016.

Foreign affairs contribute to protecting national sovereignty over East Sea

Foreign affairs have made positive contributions to protecting Vietnam's sovereignty over sea and islands in the East Sea, delegates at a meeting held by the Ministry of Foreign Affairs in Hanoi heard on January 17.

British stand-up comedian performs in Hanoi, Saigon

 British stand-up comedian Gina Yashere will give performances in Hanoi and Ho Chi Minh City on January 18 and 20 respectively.

Reform, int’l integration agenda to be assured at WEF

 PM Nguyen Xuan Phuc is making the first trip to Switzerland for the annual meeting of the Word Economic Forum as the Government chief to assure Viet Nam’s commitment to comprehensive reform and international integration agenda.

VNU-UET and VNVP9 sign cooperative agreement

The University of Engineering and Technology at the Vietnam National University and the Vietnam VP9 Joint Stock Companysigned a cooperative agreement on January 17.

M&A in banking sector perking up for 2017

 The year has only begun, but signs are pointed to an exciting time ahead for the banking sector with vigorous mergers and acquisitions (M&As) activities.

Vietnam - Japan teenager ambassador exchange opens in Japan

An exchange of Vietnam-Japan teenager ambassadors took place in Japan on January 17, gathering 16 Vietnamese students from the Vietnam-Germany High School in Hanoi and 16 Japanese students from the Yokkaichi City high school in Mie prefecture.

External information services in 2016 see significant changes

 The implementation of external information services and the dissemination of news on sea, island and border demarcation in 2016 reaped important outcomes in promoting the image of Vietnam’s nation, culture, people and territory to the world.