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Vietnam undertakes measures to support and develop enterprises

 Vietnam undertakes measures to support and develop enterprises

Vietnam grows strongly after 10 years of joining WTO

 Vietnam has been developing strongly after joining the World Trade Organization (WTO) 10 years ago thanks to expansion of relations and reform policies.

Japan Coast Guard vessel to join anti-piracy drill in Vietnam

  Patrol vessel Echigo of the Japan Coast Guard (JCG) will be sent to Vietnam and the Philippines to take part in joint anti-piracy drills.

Vietnamese Government issues tra fish regulations

 The Government has issued a decree on aquaculture management, and tra fish products processing and export, the Government Office reported.

National Assembly scrutinises socio-economic development

 At the third session of the 14th National Assembly on May 22, the legislature heard the Government’s report on the implementation of socio-economic development and State budget tasks in 2016 and in the first months of 2017.

PM Nguyen Xuan Phuc calls for efforts to achieve growth target of 6.7 percent

PM Nguyen Xuan Phuc has requested ministries and sectors to make greater efforts in order to achieve a growth rate of 6.7 percent in 2017, thus contributing to the accomplishment of growth target set for 2016-2020.

Cambodia’s defence officers welcomed in Hanoi

 Lt. Gen. Phan Van Giang, Chief of the General Staff of the Vietnam People’s Army (VPA), received a delegation of Cambodia’s Defence Ministry led by its Undersecretary of State Phuong Siphan in Hanoi on May 22. 

Hackers hit Russian bank customers, planned international cyber raids

 Russian cyber criminals used malware planted on Android mobile devices to steal from domestic bank customers and were planning to target European lenders before their arrest, investigators ...

National Assembly considers reports on State budget balance

 The National Assembly (NA) heard reports on State budget balance and audit in 2015 by government members during a working session in Hanoi on May 22, under the chair of NA Vice Chairman Phung Quoc Hien. 

VN credit institutions' bad debts at $7bln until March 31

 Total non-performing loans (NPLs) of the entire credit institutions (CI) system until March 31, 2017 were VND160 trillion ($7 billion).

Youth cooperation seen as a foundation for Vietnam-China ties

 Exchanges and cooperation between the youth are a foundation for China-Vietnam relations, Vice President of China Li Yuanchao told a delegation of the Ho Chi Minh Communist Youth Union (HCYU) Central Committee on May 22.

Customs sector moves to shorten clearance time

 The move aims to improve the country’s business environment and enhance the national competitiveness edge in 2017 and with orientations towards 2020.

Natural disasters beyond projected scenarios

 After two consecutive years suffering from severe drought and saltwater intrusion, the Mekong Delta region is also vulnerable to other disasters, including soil erosion and landslides.

Museum honouring traditional trade of photography opens in Hanoi's village

 Lai Xa village is the birthplace of photography in Vietnam and the hometown of many talented photographers. The photography trade flourished in Lai Xa village in the first half of the 20th century.

U20 World Cup: Vietnam make history with New Zealand tie

Vietnam have made history for the Southeast Asian region in the Republic of Korean FIFA U20 World Cup as they earned their first ever point after a 0-0 draw with New Zealand in Cheonan city on May 22.


Vocational schools face shortage of secondary school graduates

 HCM City aims to increase the proportion of secondary school graduates enrolled at vocational training schools to 30 percent by 2020, but the schools are struggling to maintain enrollments.

Company fined for illegal sand mining on Dak Bla River

 VietNamNet Bridge – Xuan Tai Company in the Highland province of Kon Tum was fined VND40 million ($1,769) for illegal sand exploitation, 

Substitute for natural river sand needed

Viet Nam’s total sand resources are an estimated 2.3 billion cubic metres. With the current pace of construction, experts warn that the sand supply will likely be exhausted in less than 15 years. 

Real works to preserve relic sitting between Hue, Da Nang

Cultural authorities of Thua Thien- Hue and Da Nang are establishing landmarks around Hai Van Quan, a relic lying on the border separating the two localities.

BUSINESS IN BRIEF 23/5

 U.S. firms encouraged to join smart city project, HCM City to help Laos call for investment, Chinese low-cost airline opens air route to HCMC, PV Gas licensed to build US$1.27-billion gas pipeline