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Vietnam Cafe Show 2018 to open in HCM City

 The Vietnam Cafe Show 2018 will take place in Ho Chi Minh City from May 3-5, the Exporum Inc announced during a press conference on April 17. 

VN-Index bounces back, exceeding 1,150 points

 The stock market experienced vibrant transactions with total value of over 6.16 trillion VND (271 million USD) on both bourses on April 17.

Textile-garment export target of over $34 bln achievable: VITAS

 With the bright outlook of both global and domestic economies, the textile-garment sector’s exports target of 34 – 34.5 billion USD for 2018 is achievable, Vice Chairman of the Vietnam Textile and Apparel Association (VITAS) Truong Van Cam said.

Vietnam-Indonesia Cooperation Committee convenes third meeting

Deputy Prime Minister and Foreign Minister Pham Binh Minh and Indonesian Foreign Minister Retno Matsudi co-chaired the third meeting of the Vietnam – Indonesia Bilateral Cooperation Commitee in Hanoi on April 17. 

Government News 18/4

Russia’s Irkutsk welcomes Vietnamese firms, HCM City pledges to support Iranian businesses, PM urges German state’s further investment in Vietnam, PM pins hope on stronger trade ties with Indonesia

Banh troi ready for "Han Thuc" Festival

 Vietnamese people prepare "banh troi" and "banh chay" (white sticky rice balls) to offer the Buddha and ancestors on the "Han Thuc" (Cold Food) Festival which falls on the third of the lunar March. 

Seven persons charged with involving in Phan Van Anh Vu’s violations

 The investigation police agency of the Ministry of Public Security has put seven persons into temporary detention for their alleged involvement in the case of Phan Van Anh Vu.

PM okays French firm’s plan to expand airport

Prime Minister Nguyen Xuan Phuc has agreed with the proposal of the French consultant company ADP-I to build a new passenger terminal south of Tan Son Nhat airport in Ho Chi Minh City as part of the airport expansion plan.

Vibrant colours added to Cold Food festival

 Vietnamese people have been making or buying Banh Troi (floating cakes) and Banh Chay (lean cake) to offer to ancestors and share among family members in celebration of Tet Han Thuc (or says Cold Food Festival). 

Vietnamese painter wins silver at A’Design Awards & Competitions

 Vietnamese painter Nguyen Thu Thuy has won the silver trophy of the International A’Design Awards & Competitions for her ceramic designs for Mirror House in Hanoi’s Thong Nhat Park.

Mitsubishi Vietnam to recall 918 vehicles

 Mitsubishi Vietnam said it will recall 918 vehicles over a faulty power relay that may overheat and cause the engine to stall while driving.

Hand-ground cha muc, a speciality of Ha Long

 VietNamNet Bridge – Visitors of Ha Long City can enjoy fresh seafood to appease their hungry stomachs, but they can also enjoy the local speciality of cha muc — fried ground squid cakes. 

Greater focus on cold chain logistics

 Cold chain logistics are being given more attention in Vietnam as new trade channels take off.

BUSINESS IN BRIEF 18/4

Hai Phong port welcomes largest ever container ship, HCM City summit talks social enterprises, Vietnam firms advised to invest in Indian garment market, Pig farms disappearing

Narrow the gap between the rich and the poor

 VietNamNet Bridge – Nguyen Tri Hieu, a financial expert talks to Tien Phong (Vanguard) Newspaper on the importance for the country to create a level playing field to people from all social strata.

Vietnam must work on growth quality

 In the midst of the country’s rapid economic growth and its great demand for capital, Vietnam is in dire need of better policies to mobilise financial resources for further investment into the economy.

Social News 18/4

HCM City proposes road, railway to Cat Lai, More soft loans needed to support people with disabilities, Sketches on central - Central Highlands battlefield exhibited, Quang Tri joins national efforts to combat illegal fishing

The ‘grey’ areas of coastal Economic Zones

VietNamNet Bridge - It is expected that by 2020, coastal economic zones (EZs) will play a decisive role in developing the marine economy of Vietnam, making up 53-55 percent of GDP.

Vietnam to allow universities to set independent admission standards

VietNamNet Bridge - After many delays, the Ministry of Education and Training (MOET) has decided that from 2018, it will not set floor marks, or minimum required standards, on students applying for universities. 

Could tungsten mines be the springboard for Vietnam’s auto industry?

Increasing the localization ratio and reducing production costs are vital issues for Vietnam’s automobile industry. As Vietnam is one of the worlds’s largest tungsten producers, it could be material that could help revive the auto industry.