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NA leader calls for US Congress support for increased trade

 National Assembly Chairwoman Nguyen Thi Kim Ngan has called on the US Congress to support the approval of resolutions aiming to foster economic and trade ties with Vietnam. 

Cashew production forecast to drop nearly 20 percent in 2017

 Vietnam is expected to harvest only 0.87 tonnes of cashew nuts per ha in 2017, 0.21 tonnes or nearly 20 percent less than 2016’s output per ha, heard a conference in Ho Chi Minh City on June 1. 

Law on Legal Assistance focus of NA discussion on June 1

 The draft revised Law on Legal Assistance was the main theme of discussion during the June 1 plenary session of the 14th National Assembly under the chair of Chairwoman Nguyen Thi Kim Ngan. 

Vietnam, Netherlands share visions on financial policy enforcement

 The current visit to Vietnam by the Queen of the Netherlands is an opportunity for both countries to share their strategic vision on the promulgation and enforcement of financial policies, said Deputy Prime Minister Vuong Dinh Hue.

Vietnam’s food industry attractive to foreign investors

 Several foreign firms have recently acquired stakes in Vietnamese food processing enterprises, showing the local food industry’s increasing attractiveness. 

President welcomes US Senator John McCain

Vietnam considers the US one of important partners and wants to continue boosting the Vietnam-US comprehensive partnership on the basis of respecting each other’s political institution and the win-win relations.

PM Prayut Chan-o-cha: Vietnam-Thailand ties at peak

Thailand’s PM Prayut Chan-o-cha has affirmed that the Vietnam-Thailand relationship is at the peak of history and suggested the two countries pay more heed to cooperation in areas that benefit both sides like trade, investment and connectivity. 

Japanese Book Week underway in HCM City

 More than 15,000 Japanese books were on display during the second Japanese Book Week ​at the Japanese book section at Fahasa (HCM City Books Distribution JSC) Bookshop on Nguyen Hue Street in Ho Chi Minh City which opened on June 1.

Exhibition of Italian artist Raphael’s masterpieces in Hanoi

 As many as 35 digitised reproductions of Italian Renaissance artist Raffaello Sanzio da Urbino, better known as Raphael, will be displayed in Hanoi, beginning on June 2, to celebrate Italy’s Republic Day.

Vietnam selects squad for Asian Cup qualifier

Viet Nam national football coach Nguyen Huu Thang has announced his squad for the game against Jordan in the second match of Group C in the Asian Cup 2019 qualifiers.

Ly Hoang Nam sets VN record for tennis ranking

 VietNamNet Bridge – Ly Hoang Nam was knocked out in the second round of the Singapore F2 Men’s Futures tennis tournament yesterday.

Vietnam to benefit from India’s tsunami early warning system

Experts believe that Vietnam will benefit from India’s plan to build a tsunami early warning system on the East Sea as it will help vessel rescue in the area.

As Chinese stop importing fruit, farmers look to domestic market

VietNamNet Bridge - As many Vietnamese farmers are reliant on the Chinese market, they have suffered as Chinese traders have reduced fruit imports. 

BUSINESS IN BRIEF 2/6

 Licogi to trade on UPCoM in June, VN’s exports improve, driven by FDI sector, Number of new businesses increases in VN, Programme to support pig farmers launched, Safeguards applied on colour-coated iron

Pedagogy schools offer English training to more students

VietNamNet Bridge - At the Hanoi University of Education, students in natural sciences and technology, biology, and preschool and primary education faculties are now trained in English along with the current Vietnamese program.

'Wonder Woman' gets movie spotlight, with high expectations

 More than 70 years after she first burst upon the scene in her red bustier and blue shorts, Wonder Woman is finally getting her turn in the movie spotlight, and expectations could hardly be higher.

Housing law ambiguities rankle foreign investors

Experts claim that despite the 2014 policy permitting non-Vietnamese citizens to purchase houses in Vietnam, variations in the interpretations of the policy leave investors sceptical and unsure about how to calculate risk.

Logistics opportunities spur multinational M&A

A growing number of foreign logistics companies are expanding operations to and inside Vietnam through merger and acquisition deals to lower operational costs and cash in on market opportunities.

Vietnam to tighten ODA management and use

 Vietnam will boost the re-lending of official development assistance (ODA) and restrict ODA grants to localities as a way to tighten control over this foreign loan.

Vietnam to have more airlines

 Several companies have announced plans to set up new airlines in Vietnam.