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First Logistics Development's port to be unchanged until its licence expires

The container port operated by First Logistics Development JV, a major port located along the Saigon River, is not included on the list of ports to be removed by the Ministry of Transport released recently.

Turkey initiates anti-dumping investigation into Vietnam’s core welding wire

 The Turkish Ministry of Economy has launched an anti-dumping investigation into core welding wire imported from Vietnam, according to the Vietnam Commercial Affairs Office in Turkey. 

EVFTA a double edged sword of challenges and benefits for agriculture sector

 The Vietnam-EU Free Trade Agreement (EVFTA) is set to come into force this year and with its benefits will also come great challenges for the future of agriculture, which has been a sensitive field for both sides during the negotiation process.

Foreign investors raise voices against special consumption tax on soft drink

VAT increase and special consumption tax levy on soft drink might do more harm than good, said Herbert Cochran, director of Vietnam Trade Facilitation Alliance (VTFA) in Hanoi this morning.

Operations of private kindergarten in HCM City suspended for suspected acts of violence against children

 Hiep Thanh Commune People’s Committee in HCM City’s District 12 has issued a decision to suspend the operation of the Mam Xanh private kindergarten.

No foundation to prove $3 billion flow from Vietnam to US for house purchase

 There was no foundation to say that Vietnamese people transferred US$3 billion from Vietnam to the United States for house purchase, Le Minh Hung, Governor of the State Bank of Vietnam, said.

Vinalines' designs to maintain controlling stake in three strategic seaports

 Vietnam's shipping group Vinalines are looking to keep holding at least 65 per cent of the chartered capital in large-scale seaports in Haiphong, Danang, and Saigon, which are considered geese that lay golden eggs.

Moody's: Diversified economy offers Vietnam greater resilience than Cambodia

While both Cambodia and Vietnam share strong growth prospects and risks related to their financial systems, Vietnam’s more diverse economy, stronger institutions, and higher incomes underpin greater shock absorption capacity.

Over 55 million passengers arrive through airports during first seven months

 A total of 9.11 million passengers arrived at Vietnamese airports in July, up 12.2% over the same period of 2016, according to the Civil Aviation Authority of Vietnam (CAAV). 

Overseas Vietnamese footballer given U20 Cup trial

 Coach Hoang Anh Tuan has agreed to give overseas Vietnamese footballer Tony Tuan Anh a trial to compete for the U20 team jersey during the preparation for the final round of FIFA U20 World Cup 2017.

Vietnam's Central Highlands aims for over $10 bln in investment in 2016-2020

 The Central Highlands region is expected to attract more than VND230 trillion ($10.1 billion) worth of investment in the period of 2016-2020.

Hotel oversupply perils overblown

 With infrastructural upgrades and less risk than other investment channels, the resort and second-home real estate market has been developing rapidly. 

Ministry wants clear responsibilities in huge loss-making fertilizer project

 The Ministry of Industry and Trade required the Chemical Group and management board of Ninh Binh Nitrogenous Fertilizer Plant and Ninh Binh Nitrogenous Fertilizer to clarify responsibilities relating to wrongdoings causing the plant huge losses.

PetroVietnam to import 15 million tons of coal annually to fire power plants

 The Vietnam National Oil and Gas Group has been in talks with seven foreign companies over a plan to import 15 million tons of coal a year to fuel three major thermal power stations which will be commissioned in the Mekong Delta by 2020.