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Vietnam-Vatican Joint Working Group convenes 8th meeting

The eighth meeting of the Vietnam-Vatican Joint Working Group took place at the Vatican on August 21-22.

US voices concern about China’s interference in Vietnam’s oil and gas activities

The United States Department of State said on August 22 that it is deeply concerned about China’s interference in Vietnam’s longstanding oil and gas activities in Vietnam’s Exclusive Economic Zone (EEZ) claim.

 

National environment film festival launched

A national festival will be held to honour the best environmental films in Hanoi.

The festival is held every three years by the Ministry of Environment and Natural Resources; Viet Nam Cinematography Association and Viet Nam National Television.

Labour export in agricultural: a golden chance for Vietnamese farmers

Vietnamese farmers have many opportunities to work abroad as Asian markets have growing demand for agricultural labourers.

Bringing back To Lich River from the dead requires a comprehensive solution

Authorities in Hanoi are considering a proposal to recover To Lich River, which was once one of the capital city’s most beautiful rivers but has been ruined by serious pollution and the discharge of thousands of cubic metres of untreated wastewater.

Vietnam’s businesses boost exports via Alibaba, Amazon

Both online sale channels serve as effective tools for Vietnam’s businesses to sell their products to the world market.

Unique exhibition by Korean artist to open to the public

An installation exhibition running with the theme of “Turning into Butterflies” by Korean artist Ahn Yun Mo is to open to public at the Korean Cultural Center from August 21 to September 14.

 

BUSINESS NEWS 23/8

Da Nang city to boost cashless transactions

HCM City’s education strives to reach high international standards

HCM City wants to become the leading locality in the country and in order to achieve the goal, it has to upgrade education quality to meet international standards.

Hoang Anh Gia Lai Agrico continues selling subsidiary

Hoang Anh Gia Lai Agricultural JSC announced the resolution of its Board of Directors to transfer its entire 99.875 per cent in Dong Penh Co., Ltd. to THADI Agriculture Farming Processing & Distribution JSC.

Flower roads beautify villages

In recent times, many villages have been beautified with colourful flower roads. Planting flowers to replace weeds is a practical and effective way to protect traffic safety corridors and beautify rural landscapes.

Railway needs more money to close illegal crossings

The Viet Nam Railway Corporation (VNR) said it needs VND2.5 trillion (US$108 million) to build fences, frontage roads, and eliminate illegal level crossings by 2025, reported online newspaper vietnamplus.vn.

Vietnamese exports rise, but not because of trade war: economist

Vietnam’s economy has been better off over the last three years with exports growing rapidly.

China requested to withdraw all ships from Vietnam’s EEZ

Vietnam has demanded China to immediately stop violations, withdraw all vessels from Vietnam’s EEZ and not have actions to increase tensions, complicate the situation, and threaten peace, stability and security in the East Sea and the region.

Is Vietlott still “hot”?

Vietnam Lottery Company (Vietlott) has just published its financial report for the first half of 2019, with a net revenue of only VND1.17 trillion ($50.87 million), down nearly 40 per cent on-year.

VN Start-up Day attracts nearly 200 Vietnamese and foreign start-ups

The 2018 Vietnam Start-up Day. This year the event will be held on August 23 and 24 at the Riverside Palace in HCM City’s District 4, with nearly 200 domestic and foreign start-ups in attendance.

 

Loss-making, low-profitability firms to be eliminated

Loss-making, low-profitability State-owned agriculture firms should be dissolved and made bankrupt, said Deputy Prime Minister Vuong Dinh Hue on August 21.

 

Foreign funds to exit logistics firm Gemadept

The UK-based Vietnam Investments (VI) Fund II LP plans to sell more than 58 million shares of logistics firm Gemadept JSC.

 

Vietnam is Asia’s bright spot amid trade tensions: UOB report

Vietnam is Asia’s bright spot amid trade tensions, said the latest report on Viet Nam’s economy by the United Overseas Bank Limited (UOB), which forecast the country’s economy will expand 6.7 per cent in 2019.

 

Global supply chains remain out of reach of VN businesses

Many Vietnamese companies in supporting industries that can produce high-quality parts are nevertheless struggling to enter large international supply chains or are only able to supply low-value items to them.