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Ministry to tighten control over junkets

 The Ministry of Industry and Trade (MoIT) has tightened control over overseas trips by leaders of its groups and corporations, particularly those from Vietnam National Oil and Gas Group (PetroVietnam).

Vietnam, Japan sign Mekong deal

VCCI and Japan’s Brain Works Co signed a memorandum of understanding to stimulate Japanese investments in the Mekong Delta region and enhance trade co-operation between the two countries.

Vietnam’s top 500 largest firms announced

 State-run Viet Nam Oil and Gas Group (PetroVietnam) remains on top of the 500 largest Vietnamese enterprises list (VNR500) in 2016 in terms of revenue.

Vietnam Railways chairman’s resignation accepted

VietNamNet Bridge – Ministry of Transport (MoT)’s Party Committee has approved, in principle, the dismissal of Tran Ngoc Thanh from the position of chairman of Viet Nam Railway (VNR), effective from tomorrow. 

U20 Vietnam to attend training camp in Germany

 The Vietnam U20 squad will fly to Germany to attend a long-term training camp to prepare for the FIFA U20 World Cup set to transpire in the Republic of Korea next year.

Vietnamese, Danish artists unveil folk game-inspired exhibition

 An exhibition named “Life is a game” inspired from traditional folk games of children by Vietnamese artist Nguyen Da Quyen and Danish photographer Christopher Skouenborg takes place at an ancient house in HCM City’s Binh Thanh District.

Vietnam aims to become wind powerhouse by 2020

 Vietnam is at the forefront of a growing number of countries who are transforming the way they generate and use energy, said Deputy Minister Hoang Quoc Vuong of the Ministry of Industry and Trade at a recent forum in Hanoi.

Facebook to roll out new tools to tackle fake news

Facebook Inc said it will introduce tools to prevent fake news stories from spreading on its platform, an about-face in response to rising criticism that it did not do enough to combat the problem during the U.S. presidential campaign. 

Int’l scientific seminar on Vietnamese studies opens VN

 Deputy Prime Minister Vu Duc Dam called on scientists to provide scientific findings and recommendations for national development during the fifth international symposium on Vietnamese studies held in Hanoi on December 15. 

Indonesia sets 39 Vietnamese fishermen free

  Indonesia on December 15 handed over to Vietnam 39 fishermen who were arrested for illegal fishing in Indonesia’s waters.

President urges enhanced cooperation with Timor Leste

 President Tran Dai Quang has suggested stronger cooperation between Vietnam and Timor Leste in all fields, especially in the economy, trade and investment. 

VN President meets new WB Country Director

 President Tran Dai Quang asked WB Country Director in Vietnam Ousmane Dione to work closely with the Vietnamese government in establishing the Vietnam – WB Country Partnership Strategy framework.

Cambodia’s Prime Minister to visit Vietnam

 Cambodia’s Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen will pay an official visit to Vietnam from December 20-21 at the invitation of Prime Minister Nguyen Xuan Phuc, Vietnam’s Ministry of Foreign Affairs has announced.

Asia stocks tepid, dollar near 14-year peak on Fed rally

The dollar stood near a 14-year peak, bond yields were highly elevated and Asian stocks struggled for traction on Friday as global markets continued adjusting to the idea of higher U.S. interest rates. 

How is the once ‘powerful trio’ of banks doing now?

VietNamNet Bridge - ACB, Sacombank and Eximbank, the three most influential banks in the south, like MB and Techcombank in the north, are encountering serious difficulties.

EU agrees on approach to Brexit talks, PM May left out in cold

European Union leaders agreed their plan for Brexit negotiations on Thursday, pledging to move swiftly and stick together to ensure Britain does not cherry pick a sweet deal that might inspire others to unstitch the bloc. 

FPT Software plans US$200 million for M&A deals

 VietNamNet Bridge – FPT Software Company is planning to invest up to US$200 million in merger and acquisition (M&A) deals in the next four years to increase its staff to 30,000 people by 2020.

Tourism sector lacks quality workers

VietNamNet Bridge – Vietnam’s fast growing tourism sector is in dire need of quality personnel but schools have not been able to meet that demand, heard a workshop in HCMC last week.

Social News 16/12

HCM City kicks off overtime kindergarten services at IPs, EPZs, HCM City: new Zika infection in pregnant woman found, Vietnam seeks more international support to clear landmines

Schools complain about Education Ministry's intervention in enrollment plans

VietNamNet Bridge - Universities have shown strong opposition against MOET’s intervention in their enrollment plans, saying that it should be the work of schools.