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BUSINESS NEWS 7/5

Competition is part of the game as CPTPP comes into play

Paintings recognised as national treasures

Paintings by artists Nguyen Gia Tri, Tran Van Can, and Nguyen Sang have been officially recognised as national treasures. 

Co To Island – blue pearl in the Tonkin Gulf

The pristine island of Co To in the northern border province of Quang Ninh has emerged as a popular attraction, welcoming hundreds of thousands of visitors each year.

Leverage knowledge

2018 was another milestone year of growth for Vietnam, with GDP growth reaching a ten-year high of 7.08 per cent, while FDI disbursement hit an all-time high of over $19 billion. Exports also grew 13 per cent.

Dang Viet puts on Long Bien Bridge-inspired exhibition

Vietnam’s painter Dang Viet today starts an exhibition inspired by the historic Long Bien Bridge at the VICAS Center for Assistance and Development of Contemporary Arts (VICAS Art Studio) in Hanoi.

 

VN Airlines proposes policy adjustments to retain highly skilled manpower

National flag carrier Vietnam Airlines (VNA) wants to adopt policies to raise the salaries of its pilots and other high-level staff to stop the ongoing brain drain, said Duong Tri Thanh, general director of VNA.

 

Vietnam gov't attempts to fight against usury amid social unrest

Vietnam’s Prime Minister Nguyen Xuan Phuc has signed a directive to fight against usury which has caused serious social unrest over the past years.

 

Recycled Vietnamese bags prove popular in Japan

Bags created from recycled Vietnamese packages of animal feed have become a popular item among young Japanese consumers.

The stunning coral features of Hon Yen island

Aside from being home to popular tourist attractions such as Da Dia reef and Bai Xep beach, Hon Yen island in Phu Yen has attracted large numbers of visitors thanks to its beautiful coral reefs on land and crystal-clear blue water.

Seeking local support

The foreign-invested sector continues to play a pivotal role in foreign trade but boosting added value remains an issue.

Belgian conductor to lead Vietnamese choir at concert

Belgian conductor Michel Jakobiec will perform with the National Academy of Music of Viet Nam during a concert held on Thursday in Hanoi.

African swine fever holds back foodstuff segment and CPI

The African swine fever was named as one of the factors behind the slow rise of the CPI so far in 2019, despite the government’s flexible monetary policy and an increase in gas and electricity costs.

Dau Tieng Lake sand mining to be halted

The Ministry of Agriculture and Rural Development has asked authorities of Binh Duong and Tay Ninh provinces to halt sand mining activities in Dau Tieng Lake and report to the Prime Minister by May 15, Tuổi trẻ (Youth) newspaper reports.

Three tonnes of smuggled food seized

Ha Noi Police’s Department of Environment announced the seizure of nearly 3 tonnes of smuggled cow legs and intestines on Sunday.

South Korea suspends Vietnamese workers from 40 districts

South Korea has temporarily stopped receiving workers via the Employment Permit System from 40 districts of Vietnam, according to an announcement by the Ministry of Labour, Invalids and Social Affairs on Saturday.

The beauty of Chuon Lagoon

Referring to Thua Thien - Hue, tourists often think of palaces, temples, tombs. Not only that, the poetic and slow life there is also loved by many people.

 

Multi-art show to mark Europe Day

A multi-art show will commence on May 9 to mark the Europe Day, the European Union in Vietnam has announced.

 

Former Deputy PM faces discipline for mistakes in SOE equitization

 Former Deputy PM Vu Van Ninh, 64, who was also former member of the Party Central Committee, was found to have committed violations and shortcomings in the equitization and State capital divestment at SOEs under the Transport Ministry.

 

Half of Vietnam's coal imports come from Indonesia

In 2018, the total amount coal imported by Vietnam was 22.86 million, of which around 50% came from Indonesia with an amount of 11.16 million tons, said Indonesian Ambassador to Vietnam Ibnu Hadi at a business forum last week.

Gold miners continue to report losses

Gold exploitation companies, both Vietnamese owned and foreign invested, are bogged down in big debts, but gold trading companies are making fat profits.