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Vietnam-Cuba diplomatic relationship marked in HCM City

 The 56th anniversary of Vietnam-Cuba diplomatic relationship and Cuba’s 58th National Day were marked with a ceremony in Ho Chi Minh City on December 28.

Sprint, OneWeb say 8,000 jobs announced by Trump are part of SoftBank pledge

U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp (S.N) and a U.S. satellite company OneWeb will bring 8,000 jobs to the United States,

Attractive shares in stock market available in 2017

VietNamNet Bridge - Attractive shares exist in three groups: state-owned enterprises’ (SOEs), private companies and existing shares on the bourses.

South Korea prosecutor seeks arrest warrant for pension chief

 South Korea's special prosecutor's office said on Thursday it has applied for a warrant to arrest National Pension Service Chairman Moon Hyung-pyo, who is under emergency detention, on charges of abuse of power and giving false testimony.

Dau - Vietnam's oldest pagoda

VietNamNet Bridge - Dau is considered the oldest pagoda in Vietnam according to researchers. The pagoda is about 1 hour away from Hanoi Old Quarter, making it easy for a morning trip away from the city noise.

Vietnam visits by foreign leaders in 2016

Vietnam welcomed many foreign leaders in 2016 including General Secretary of the Lao People’s Revolutionary Party and President of Laos Bounnhang Volachith, US President Barrack Obama and France President Francois Hollande.

BUSINESS IN BRIEF 29/12

 Vietnam records positive changes in FDI attraction, Economic growth and inflation targets proposed for 2017, Tech trader to open 350 food stores next year, Ministries want guidelines for conditional business regulations

Mobile phones and components top Vietnam’s export turnover in 2016

 Mobile phones and components top Vietnam’s export turnover in 2016

Vietnam earns $2.2 billion from rice export this year

 Vietnam exported an estimated 4.88 million tonnes of rice this year, earning 2.2 billion USD, down 25.8 percent in volume and 21.2 percent in value year-on-year, according to the Ministry of Agriculture and Rural Development. 

Vietnam successfully keeps inflation under 5-percent target

2016 was a successful year in controlling inflation amidst rebounding prices of some essential goods, as the CPI in December increased by 4.74 percent from a year earlier, lower than the 5 percent target set by the National Assembly. 

FLC Group to launch $1.1 billion project in Vinh Phuc

 The second phase of the FLC Vinh Phuc Resort worth 25 trillion VND (1.1 billion USD) will be carried out in 2017, heard a recent conference.

More than 15,400 smuggling cases uncovered in 2016

 As many as 15,489 smuggling cases have been uncovered this year, the General Department of Customs told a press conference in Hanoi on December 28. 

ASEAN Economic Community portal launched

 The ASEAN Economic Community (AEC) portal was launched at a workshop in Hanoi on December 28, serving as an essential tool for businesses to improve their knowledge about the AEC and optimise its opportunities.

Vietnamese Ambassador to Laos presents credentials

  Laos and Vietnam need to focus more on developing trade ties for mutual benefits, Lao Party General Secretary and President Bounnhang Volachith suggested to the new Vietnamese Ambassador to Laos, Nguyen Ba Hung. 

President attends procuracy sector’s year-end meeting

President Quang, who is also head of the Steering Committee for Judicial Reform, stressed the need for the procuracy sector to improve its role and position in fighting crimes and legal regulation violations, especially corruption and economic ones. 

PM lauds 10 remarkable socio-economic achievements

 Prime Minister Nguyen Xuan Phuc highlighted 10 remarkable socio-economic achievements in 2016 and nine outstanding problems while chairing a conference of the government and localities in Hanoi on December 28. 

Sub-committee set up for cooperation with Armenia

 The Prime Minister has approved the establishment of the Vietnam sub-committee in the Vietnam-Armenia inter-governmental committee on economic-trade and science-technology cooperation.

Party leader requests stronger action in corruption fight

 Party General Secretary Nguyen Phu Trong has urged higher resolve and more drastic actions to better prevent and fight corruption, wastefulness and negative phenomena.

Polices needed to encourage OV contribute more to homeland

The Vietnam Fatherland Front Central Committee and the State Committee for Overseas Vietnamese Affairs should coordinate together more closely to advise the Government on policies and solutions to ensure the legal rights of OV.

Pressured to be transparent, banks rush to list shares

VietNamNet Bridge - Two banks have received approval to place their shares into transactions on UpCom market, while other banks will follow as requested by the watchdog agency.