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Government News 30/12

 HCM City, Japan’s Aichi prefecture boost cooperation, Draft resolution for achieving 2019 socio-economic goals announced, Foreign service information work contributes to national development

10 outstanding stock events in 2018

The Securities Journalists Club on Thursday announced the top 10 biggest events for Viet Nam’s stock market in 2018.

A disappointing year for VN stocks

 Viet Nam’s benchmark VN-Index ended 2018 on a negative note due to cautious market sentiment, which increased selling pressure over the last 30 minutes of the day.

USD/VND rate remains under control in 2018

Commercial banks have consecutively lowered the value of the US dollar against the Vietnamese dong during the final days of 2018, helping the USD/VND exchange rate close the year under control.

BUSINESS NEWS IN BRIEF 30/12

Hi-tech factory built in Mekong Delta province of Vinh Long, Asia becomes top market of Vietnamese tourism, Forestry, aquatic exports expected to earn 20.5 billion USD in 2019, Experts predicts the future for 4.0 jobs

PM launches major infrastructural facilities in Quang Ninh

 Prime Minister Nguyen Xuan Phuc attended the launch of the Van Don International Airport, Ha Long International Passenger Terminal, and Ha Long-Van Don Expressway in the northern province of Quang Ninh on December 30.

Vietnam’s exports more sophisticated: World Bank

 Vietnam’s exports have become more sophisticated with an impressive diversification of exports and increases in higher-value manufacturing exports, according to a recent World Bank (WB) report.

Khanh Hoa: Landside-caused house collapse claims three lives

 Three members of a family in Suoi Cat commune, Khanh Hoa province died on December 30 in a house collapse caused by a landslide which was triggered by continuous rains.

Cold chain logistics sector sees improvements in Vietnam

 Although the cold chain logistics sector in Vietnam is considered small and fragmented, the market has shown signs of improvement due to the increasing demand for high quality products.

Wounded Philippine sailors brought ashore for treatment

 The Maritime Search and Rescue Coordination Centre (MRCC) of Region 4 on December 30 brought four Philippine sailors, who were injured while working onboard a foreign vessel to Nha Trang port for treatment.

Marble Mountains recognised as national special relic

 Ngu Hanh Son (Marble Mountains) landscape site in the central city of Da Nang has been recognised as a national Special Relic, one of the 16 approved by the Prime Minister recently.

Travel company’s licence revoked for links to missing tourists in Taiwan

Hanoi’s Department of Tourism said it revoked the international travel business licence granted to the Golden Travel, one of the two companies that signed Taiwan tour contracts for 152 tourists who then went missing in Taiwan.

Home solar power systems shine in HCM City

 Hundreds of households in Ho Chi Minh City have been benefiting from homegrown solar power systems.

Man prosecuted for crafting large amount of ivory products

 The People’s Procuracy of Hanoi city has completed the indictment to prosecute Nguyen Huu Tien, born in 1983, for the charge of violating regulations on the protection of endangered and rare animals under Article 244 of the Criminal Code 2015.

High labor cost emerges top risk for Vietnam’s FDI attraction

 Until now, cheap labor cost is still one of the factors attracting foreign investors to Vietnam as they still target labor intensive industries that use low-skilled workers.

Exploring Bat Trang

 In addition to traditional games and performances, the villagers display their unique pottery products in the market, at the center of the village.

Vietnam reports 7,600 shark loan criminal cases over 4 years

 The lenders have cheated borrowers by unlawful lending conditions and assaulted borrowers when taking money back.

IAEA helps Vietnam plan for new reactor

 The new 15-MW reactor may be located in Lam Dong or Dong Nai provinces.

FOX Sports to show all of VN’s Asian Cup matches in Vietnamese

 Along with broadcasting the Asian Cup on its channels, FOX Sports will show all of Việt Nam’s matches at the upcoming Asian Cup final round with Vietnamese commentary.

Da Nang to host ATP Challenger Tour

 Top Vietnamese tennis players Lý Hoàng Nam, Trịnh Linh Giang and Lê Quốc Khánh have been awarded wildcard entries to compete in the Việt Nam Tennis Open Đà Nẵng City 2019 in the central city on January 6-12.