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Government News 31/1

 President Tran Dai Quang pays pre-Tet visit to Army Corps 4, Vietnam attends 6th Fullerton Forum in Singapore, PM calls on investors to pour investments into Bac Lieu, Laos provides financial relief for typhoon-hit people in Vietnam

Quang Nam: Top investment official suspended

 The People’s Committee of central Quang Nam province has temporarily suspended Le Phuoc Hoai Bao from his post as Director of the provincial Department of Planning and Investment, according to Chief of the committee’s Office Nguyen Hong Quang.

Air quality index in Hanoi, HCM City exceeds safe limit for times

Alarming pollution readings were recorded in the capital of Hanoi and HCM City in the previous year, heard a conference in Hanoi on January 30.

“Provisional National Government of Vietnam” is a terrorist organisation

 The “Provisional National Government of Vietnam” is a terrorist organisation in accordance with Vietnamese and international law, the Ministry of Public Security of Vietnam has announced.

Banks expect higher profits from retail banking services

 Banks are investing significantly in retail banking services instead of only focusing on corporate lending in the hope of gaining higher profits from the potential segment this year.

PM to co-chair Vietnam-Laos Inter-Governmental Committee meeting

 Prime Minister Nguyen Xuan Phuc will attend and co-chair the 40th meeting of the Vietnam-Laos Inter-Governmental Committee in Laos on February 4-5, according to the Ministry of Foreign Affairs.

Japan’s FM vows close cooperation to foster ties with Vietnam

 The Japanese Ministry of Foreign Affairs will continue close cooperation with its Vietnamese counterpart so as to enhance the two countries’ relations in an effective manner, said Japan’s State Minister for Foreign Affairs Kazuyuki Nakane.

Vietnam, US talk political, security, defence matters

 Deputy Foreign Minister Ha Kim Ngoc and the US’s Principal Deputy Assistant Secretary of State for Political-Military Affairs Tina Kaidanow co-chaired the ninth Vietnam-US Political, Security and Defence Dialogue in Hanoi on January 30.

US veterans hand over records of martyrs’ remains in Quang Tri

The Vietnam Veterans of America on January 30 handed over records related to remains of Vietnamese soldiers who laid down their lives in 1971 at Khe Gio bridge in Cam Thanh commune, Cam Lo district, the central province of Quang Tri.

Bustling street for foreigners in HCM City

Located in downtown HCM City, Bui Vien is known as foreigners’ street. The 1,400m-long street is well organised with stalls selling a wide variety of goods to meet the diversified demands of visitors

URC Vietnam continues its growth momentum with Tet season

VietNamNet Bridge - With a major focus on product quality, URC Vietnam has expressed its eagerness to further strengthen its footprint in the local market and boosting export in 2018.

Sa Dec Flower Village in full bloom

Sa Dec Flower Village in Dong Thap is one of the most-visited destinations in the lead up to the Lunar New Year holiday where nature lovers can admire beautiful flowers blooming in vivid colors and enjoy the bustling atmosphere there.

BUSINESS IN BRIEF 31/1

 Vinachem to accelerate apatite projects, SBV asks banks to prioritize loans for production and business, Japan firm plans solar power plant in Binh Phuoc, Debt-laden Mai Linh’s effort to seek help seen faltering

Will Thaibev and other brewers remap Vietnam’s beer market?

According to Ban Viet Securities (VCSC), the Vietnamese beer market is now controlled by Sabeco which holds 40 percent of market share, Heineken 25 percent, Habeco 18 percent and Carlsberg 10.8 percent. 

iPhone X orders weak globally, but strong in Vietnam

VietNamNet Bridge - iPhone X products are still selling like well in Vietnam, though international media report that poor sales because of its high price, about $1,000.

Will geomagnetic storms hit Vietnam in 2018?

Geomagnetic storms this year will not be strong in intensity and thus not likely to affect people’s health.

Schools in Vietnam to enroll students through assessment tests

Some secondary schools in HCMC plan to select students with aptitude tests rather than traditional exams, while several universities have decided to enroll students based on SAT and IELTS results.

Experts: GDP should not include non-observed economy

 Experts have called for a second thought on a plan of the General Statistics Office (GSO) to include the non-observed economy in the calculation of Vietnam’s gross domestic product (GDP), reports Tien Phong newspaper.

Ly Hoang Nam enters quarter-finals of VTF Pro Tour 1

 VietNamNet Bridge – Ly Hoang Nam of Becamex Binh Duong secured a place to compete in the quarter-finals of the Viet Nam Tennis Federation Pro Tour 1.

Folk art on show in Da Nang

 VietNamNet Bridge – A collection of 62 paintings will be displayed at an exhibition of Vietnamese traditional folk art at Da Nang’s Fine Arts Museum from Thursday until February 25.