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BUSINESS NEWS 12/6

Is Minh Phu evading anti-dumping duties on shrimp from India?

 

NA adopts resolution on State budget final accounts of 2017

The National Assembly passed the Resolution on State budget final accounts for 2017 with 91.53 per cent approval at the ongoing seventh session of the 14th legislature yesterday.

Vietnam's Mekong Delta embraces smart rice farming

The Cuu Long (Mekong) Delta’s 12 provinces and Can Tho City are increasingly switching to smart rice farming to improve yields and cut costs and protect the environment.

Japanese capital inflow’s new trend

After five years of decline, Vietnam’s processing and manufacturing sector has begun to receive a substantial volume of investment capital from Japanese enterprises.

Taking advantage of Vietnam's energy potential

Vietnam’s increasing demand for energy, and the country’s large opportunities in wind energy, has caused many investors to turn their attention to Vietnam over the past few years.

 

First set of primary Vietnamese textbooks republished

The Kim Dong Publishing House has re-published a set of “Quoc Van Giao Khoa Thu” (national textbooks), which has long been considered the first primary Vietnamese textbooks, published in the early years of the 20th century.

 

Quality office space vital in retaining talent

In addition to an attractive salary and welfare benefits, working environment and space play a key role in attracting talent as well as improving work efficiency.

Ca Mau preserves intangible cultural heritage

The southernmost province of Ca Mau has released a plan on preserving and promoting intangible cultural heritage by 2020, with a vision to 2030.

Transport Ministry plans to increase fees at BOT toll booths

The Ministry of Transport (MoT) is set to propose to the Government a draft plan on fee increases at BOT (Build – Operate – Transfer) toll booths in response to declining revenue.

Fisherman refuses cash and releases rare turtle into the ocean

A fisherman in central Nghe An Province has released a rare turtle back into the ocean despite being offered a large sum of money to sell the animal.

Vietnam Bank Association calls for raising charter capital at four major State banks

The Vietnam Bank Association (VBA) has repeated its call for the Government to approve charter capital hikes at four major State-owned commercial banks, noting that the delay could adversely affect money supply for the economy.

 

Construction Ministry’s statistics on real estate inventories incorrect: HoREA

The Ministry of Construction's statistics on the total real estate inventory value is incorrect as the inventories of many property enterprises are not fully taken into account, according to the HCMC Real Estate Association (HoREA).

 

Venture funds pledge US$425m for Vietnamese startups

As many as 18 domestic and foreign venture funds attending the Vietnam Venture Summit 2019, which opened in Hanoi yesterday, have committed a total of US$425 million for Vietnamese startups over the next three years.

 

HCM City to develop second hi-tech park

The HCMC authority has proposed the central Government approve construction of a hi-tech park, the second of its kind in the city, covering some 195 hectares in District 9.

 

Vietnam the market to watch in Southeast Asia

A new report launched by the Global Wind Energy Council (GWEC) has outlined Vietnam’s role as a major driver in the sector for the entire region over the next few years.

Mrs. Ao Dai Vietnam Europe 2020 launched in Germany

The Mrs. Ao Dai Vietnam Europe 2020 pageant organizers held a press briefing in Germany on June 9 to introduce the contest and honour the women with outstanding contributions among the Vietnamese community in Europe.

 

 

23 fake fuel makers in Dak Nong charged

The Police Department of the Central Highlands province of Dak Nong has decided to initiate criminal proceedings and detained 23 people involved in the production and trading of fake fuels.

 

Former BMW dealership boss gets 9 years in jail for car smuggling

Nguyen Dang Thao, 45, former general director of HCMC-based Euro Auto, was given nine years behind bars for falsifying the prices of 91 BMW cars in import documents, evading US$275,000 in import tariffs.

 

Charges brought against former deputy labor minister

Former Deputy Minister of Labor, Invalids and Social Affairs Le Bach Hong, 65, has been indicted for his role in causing losses of VND1.7 trillion (US$73 million) for the Vietnam Social Security.

 

Former journalist arrested for involvement in Vu Nhom case

Former journalist Truong Duy Nhat, who led the Danang office of Dai Doan Ket newspaper between 1998 and 2011, has been arrested for his alleged involvement in the high-profile case involving former business tycoon Phan Van Anh Vu.