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Vingroup inks cooperation deal with US universities

Property developer Vingroup on April 3 signed a strategic cooperation agreement with US-based Cornell University and the University of Pennsylvania (Penn).

State ownership in Vietnam Airlines to reduce to 51 pct in 2019

 The Ministry of Transport has asked the representative of State stake in Vietnam Airlines to draft plans to reduce State ownership to 51 percent of the national flag carrier’s charter capital in 2019.

Baby bonsai - a new trend among the wealthy in VN

Despite their high prices, some wealthy Vietnamese people are willing to spend thousands of dollars on miniature bonsais.

FIFA commends Vietnam’s achievements

 Being impressed with Vietnam’s recent success, the world football governing body FIFA has published an article reviewing the country’s achievements, while suggesting that another turning point is approaching.

Government News 4/4

Vietnam attends NAM senior official meeting, Prime Minister Nguyen Xuan Phuc receives German Ambassador, Ministry to speed up restructuring to ensure growth target

Moody’s: Vietnam’s real GDP growth to reach 6.7 percent in 2018

 Moody’s Investors Service said that Vietnam’s real GDP growth will remain robust, averaging 6.7 percent in 2018, in its annual credit analysis released on April 3.

Vietnam’s coffee exports rake in $1 billion in Q1

 Vietnam exported up to 520,000 tonnes of coffee worth 1 billion USD in the first quarter of 2018, an increase of 15.1 percent in volume but a decrease of 1.7 percent in value compared to the same period last year.

Quang Ninh licences Thai-invested $1.6 billion project

 Amata VN Public Company Limited, a subsidiary of Thailand-based Amata Corporation PCL, has been licenced to develop the first phase of a 1.6 billion-USD industrial and urban project in the northeastern province of Quang Ninh. 

Vietnam to impose harsh punishments on illegal fishing

 A captain who fishes illegally will see his boat driving licence revoked and his vessel banned from fishing, said Deputy Minister of Agriculture and Rural Development Ha Cong Tuan.

Vietnam plans technical barriers on imported cars

The ministries of Transport (MOT) and Science & Technology (MST) plan to set up technical barriers to tighten the control of imported cars.

US launches investigations into Vietnamese laminated woven sacks

 The US Department of Commerce (DOC) recently announced an anti-dumping duty and countervailing duty investigations into laminated woven sacks imported from Vietnam.

Foreign firms upbeat about business prospects in Vietnam

 Business confidence has increased among foreign direct investment (FDI) companies in Vietnam, according to a survey conducted by the Vietnam Chamber of Commerce and Industry (VCCI).

Foreigners keen on investing in Vietnam

 A total of 1,285 deals were made by foreign investors to contribute capital to and buy shares of Vietnamese businesses with total capital of 1.89 billion USD in the first quarter of this year, up 121.6 percent against the same period last year.

Vietnam’s wood industry faces difficulties in raw materials

 Vietnam’s wood industry faces a quandary as bright export growth prospects are clouded by difficulties in finding necessary raw materials.

Vietnamese food an attractive tourism product

 The culinary festival “Essence of Vietnamese food” will take place in Ho Chi Minh City from April 6-8, introducing special dishes from across the nation, as part of activities to develop food tourism.

HNX to host six share auctions in April

The Hanoi Stock Exchange said that it will organise six auctions in April to offload shares of six companies.

India helps translate ancient inscriptions in My Son Sanctuary

 The Sanskrit inscriptions on steles at the UNESCO world heritage My Son Sanctuary in central Quang Nam province will be translated into Vietnamese and English as part of a joint project between Vietnam and India.

Vietnam keen on bolstering all-round partnership with Switzerland: PM

 Prime Minister Nguyen Xuan Phuc has affirmed that Vietnam is keen on fostering the friendship with Switzerland and hopes the two countries will continue bolstering cooperation in all fields, especially trade and investment.

Asian Carom Billiards Championship 2018 takes place in HCM City

 The Asian Carom Billiards Championship 2018 will take place from April 4-8 in Ho Chi Minh City.

GSO submits blueprint on evaluating non-observed economy

 The General Statistics Office (GSO) has submitted to the Prime Minister a statistical project on how to measure the non-observed economy, including underground and illegal economic activities that affect the scale of the economy.