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Experts: domestic firms fail to optimise FTAs incentives

Vietnamese firms have not been able to fully tap incentives offered by free trade agreements (FTAs) that Vietnam has signed, experts said. 

Discovery to broadcast new film on Vietnam

 A documentary titled “Vietnam: Connecting East Africa” will be broadcast on the Discovery East Africa channel on December 27 for the first time, and on the Discovery Southeast Asia three days later. 

VN remains reliant on machinery, equipment from China

 Vietnam relies heavily on imported machinery and equipment from China, and experts are worried the country might become a landfill of outdated technologies, urging measures to tighten the import of second-hand machinery and equipment.

Finance ministry plans to issue $8.78 billion worth of Gov’t bonds

 The Ministry of Finance aims to issue 200 trillion VND (8.78 billion USD) worth of Government bonds and develop green Government bonds in 2019.

Local cashew industry to face challenges next year

 The domestic cashew industry would continue to face difficulties in processing and trading cashew nuts next year, according to the Vietnam Cashew Association (Vinacas).

Field hospital no.2 – new milestone in Vietnam’s peacekeeping efforts

 The second level-2 field hospital, recently set up by the Ministry of National Defence, is considered a new landmark in Vietnam’s participation in the United Nations’ peacekeeping operations.

HCM City mass wedding realises dreams of couples with disabilities

 A mass wedding for 50 couples, featuring people with disabilities, was held in Ho Chi Minh City on December 21 by the “Dao Phat Ngay nay” (Buddhism Today) Fund from the city’s Giac Ngo Pagoda.

Imperial Hue named as one of five must-go destinations in SE Asia

 The former imperial capital of Hue in the central province of Thua Thien-Hue is among the five must-go destinations in Southeast Asia listed by the Discovery DCODE (discoverydcode.com) TV channel.

UPCoM looks to boost investor confidence

 The Unlisted Public Company Market (UPCoM) has gained less attention compared to the Ho Chi Minh and Hanoi stock exchanges in the past few months, but there are some names expected to boost investor confidence.

PM works with advisory team on 2019 growth targets

 Prime Minister Nguyen Xuan Phuc and his economic advisory team discussed measures to tackle shortcomings and realise the 7-percent growth target set for 2019 at a session in Hanoi on December 22.

NA Standing Committee passes ordinance related to planning

 The National Assembly (NA) Standing Committee on December 22 approved an ordinance on amendments and supplements to several articles of four ordinances related to planning.

Prime Minister: Football inspires patriotism, national pride

 Football has inspired patriotism and national pride, Prime Minister Nguyen Xuan Phuc said on December 21 when hosting the national football team and head coach Park Hang-seo.

Healthcare investment requires intricate approach

 The government has established the National Mental Health Program, but industry observers have noted that it only covers approximately 30 per cent of the country and uses a very narrow list of mental illnesses.

Twelve defendants sentenced in biggest fuel smuggling case in Vietnam

 The People’s Court of the south central province of Binh Thuan on December 21 handed out prison sentences to 12 defendants, including two customs officials, involved in a multi-trillion VND fuel smuggling case, the biggest unveiled so far in Vietnam.

Composer Hinh Phuoc Long - A true lover of Truong Sa

Musician Hinh Phuoc Long renowned for a range of distinctive songs on the nation’s outpost of Truong Sa (Spratly) archipelago. 

 

Social News In Brief

Kien Giang attempts to fight illegal fishing, Torpedo removed from sea off Khanh Hoa province, Quang Ninh hosts 15 millionth foreign tourist to Vietnam, Soldiers’ remains, explosives discovered in Dien Bien

Government News 22/12

Vietnam holds first planning conference for AMNEX 2/2020, Vietnam People’s Army founding anniversary marked in Laos, Vietnamese products must secure international recognition: PM

Labour shortage in logistics industry

 VietNamNet Bridge – Logistics, considered a industry with huge contributions to the development of the economy, has not lived up to its potentials due to human resources shortage.

Better seaports and services key to cruise tourism in VN

 VietNamNet Bridge – Young UK tourist Sean Williams chose Vietnam for his first trip to Asia in November, and revelled in the country’s rich culture and cuisine.

IPO 2018: Vietnam unexpectedly exceeds Singapore in value

VietNamNet Bridge - The speeding up of the equitization process has helped Vietnam’s IPO market lead Southeast Asia in terms of value.