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BUSINESS IN BRIEF 25/5

 Vietnam, EU boast high potential to bolster partnership, Việt Nam waits for UK investment wave, Programme to support local firms, Microsoft’s big punt on cloud computing, Commercial banks to support firms

Fresh water provided to 20,000 flood-hit families in central VN

VietNamNet Bridge - Some 73,100 residents in areas affected by typhoon Damrey late last year now have access to fresh water and sanitation.

Sri Lankan weaving art showcased in Vietnam

 The art of Sri Lankan traditional costumes and fabric was introduced at a fashion event in Hanoi on May 24.

Vietnam bags silvers at world muaythai event

 Vietnamese martial artists have returned home with two silver medals from the International Federation of Muaythai Amateur World Championships in Mexico.

HCM City seeks to persuade HIV patients to persist with treatment

A campaign called Undetectable = Untransmittable was launched on Wednesday in HCM City to persuade people living with HIV to take antiretrovirals as prescribed by doctors to reduce the virus load in their body

Indonesia’s Go-Jek to expand markets in Southeast Asia, targeting VN

 Indonesian ride-hailing app Go-Jek will spend 500 million USD to expand its operation to Thailand, Vietnam, Singapore and the Philippines in the next few months, it said on May 24. 

Chinese military actions in East Sea face international criticism

 Chinese bombers’ landing and take-off drills on an airfield in Hoang Sa (Paracel) archipelago, which belongs to Vietnam but is occupied by China, are causing deep concerns and facing strong opposition from many countries regionally and globally.

NA debate: Different views on forms of denunciations

 The discussion of the draft Law on Denunciations (revised) on May 24 as part of the 5th session of the 14th National Assembly saw different views on such forms of denunciations as via telephone or email. 

Vietnamese leaders welcome Australian Governor-General

 President Tran Dai Quang and Governor-General of Australia Peter Cosgrove have agreed to strengthen political and strategic trust between the two countries by enhancing the exchange of visits and meetings.

Shares dragged down by investors’ prudence

 Vietnamese shares declined on May 24 as investors were prudent with their transactions.

Vietnamese exports to Africa face price challenges

 Vietnamese exports to Africa have faced price-related challenges as they have to compete with other African nations in terms of import tax.

Vietnam eyes higher rankings in business environment

 The Vietnamese Government is working out measures to further improve the business environment for the country to jump 8-18 steps from the current 68th place in the World Bank’s Doing Business Rankings.

Southern fruit festival to take place in HCM City next month

 A wide range of fruits from the southern region will be on display at Suoi Tien Theme Park in Ho Chi Minh City from June 1-17.

Asian Taekwondo championship kicks off in HCM City

 The 23rd Asian Taekwondo Championships kicked off in Ho Chi Minh City on May 24.

Vietnam-Belarus Business Council debuts

 The Vietnam Chamber of Commerce and Industry (VCCI) held a ceremony in Hanoi on May 24 to debut the Vietnam – Belarus Business Council. 

Vietnam, RoK increase anti-crime cooperation

The Vietnamese Ministry of Public Security (MoPS) and the Korean National Police Agency (KNPA) are expected to strengthen cooperation in preventing all types of crime in the future.

Tra fish exports to China continue to thrive

 Vietnam’s tra fish (pangasius) exports to China continued to record year-on-year strong growth of 43 percent to 145 million USD in the first four months of 2018.

Socio-economic issues high on agenda of National Assembly

 Socio-economic issues are high on the agenda of the National Assembly (NA) on May 25 and 26, which are important discussions part of the ongoing fifth session of the 14th-tenure parliament.

Miners stir discontent as they continue selling ore on the cheap

A report from the General Department of Customs found that ore and minerals that Vietnam exports to China are much cheaper than exports to other markets.

VIPs build wooden houses as illegal loggers continue to decimate forests

VietNamNet  Bridge - Top businessmen and high-ranking state officials in the Central Highlands have spent billions of dong to build wooden villas.