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Private equity catches foreign investors’ eyes

 Foreign investors are upbeat about opportunities in Vietnamese private equity, but remain concerned about the small market size and low levels of liquidity.

Vietnam's demand for cool air attracts Japanese investors

 Japanese air conditioner manufacturers are set to expand in Vietnam, touting their high-quality products and appeal to the country’s growing urban middle class.

20 mln uninsured patients to pay higher healthcare fees

 Over 1,900 medical service in public hospitals will apply a new fee hike plan for patients without health insurance from June 1.

Hanoi’s first metro route covered in rust before becoming operational

 Hanoi’s first metro project, the Cat Linh-Ha Dong line, which is scheduled to be operational in the coming year, has already shown signs of rust. 

World Bank helps Vietnam deal with bad debts

 The World Bank has designed a four-year technical co-operation plan to help Vietnam deal with bad debts.

Vietnam Airlines may open direct flights to US next year

 Civil Aviation Authority of Vietnam (CAAV) and national carrier Vietnam Airlines (VNA) are completing the necessary procedures to open a direct air route to the United States in 2018.

Will there be a logistics center in the Mekong Delta?

Can Tho City, the heart of Mekong Delta, has been chosen by the government as the site to build Mekong Delta’s logistics center with total area of 242 hectares in the Cai Cui Port area. 

Science-tech department governs Korea-Vietnam Incubator Park

 The Can Tho municipal Department of Industry and Trade transferred its governing role in the Korea-Vietnam Incubator Park (KVIP) to the municipal Department of Science and Technology during a local meeting on May 31. 

Openness to trade keys to trigger innovation

Innovation is a driver of economic growth, especially in the context of the fourth Industrial Revolution, known as Revolution 4.0.

VN dairy industry boasts potential

 Viet Nam’s dairy industry is witnessing strong and rapid growth, Bui Truong Thang, Deputy Director General of Light Industry Department under the Ministry of Industry and Trade, said during a seminar in Ha Noi on Wednesday.

Vietnam, US ink business deals worth $10b

 About 20 business deals worth a total of some US$10 billion between US and Vietnamese enterprises were signed yesterday during Prime Minister Nguyen Xuan Phuc’s visit to the US.

Prime Minister Nguyen Xuan Phuc concludes official visit to US

Prime Minister Nguyen Xuan Phuc and a high-ranking delegation of Vietnam left Washington DC on late May 31 (local time), wrapping up an official visit to the US at the invitation of President Donald Trump.

GE strengthens Vietnamese presence with US$5.5 billion of new investments

US' industrial giant GE has just announced five agreements valued at more than $5.5 billion to support the development of the Vietnamese energy and aviation sectors.

Vietnam Airlines may open direct flights to US next year

Civil Aviation Authority of Vietnam (CAAV) and national carrier Vietnam Airlines (VNA) are completing the necessary procedures to open a direct air route to the United States in 2018.

Industry and Trade Ministry urged to fine-tune draft plan on industrial restructuring

 The Ministry of Industry and Trade (MoIT) should further clarify weaknesses and bottlenecks in the current development of industries so as to have a better plan on industrial restructuring, many insiders said at a workshop in Hanoi on May 31.

President welcomes Queen of Netherlands

 President Tran Dai Quang hosted a reception in Hanoi on May 31 for Queen of the Netherlands Máxima Zorreguieta Cerruti, the UN Secretary-General’s Special Advocate for Inclusive Finance for Development, who is on a working visit to Vietnam.

Formosa steel plant: dust explosion triggered by fabric filter breakage

 The explosion of the lime kiln dust filter equipment in Formosa Ha Tinh Steel Plant (FHS) located in the central province of Ha Tinh came from the breakage of a dust fabric filter, according to the provincial People’s Committee. 

International media give positive view on PM’s US visit

  International media and prestigious experts have given positive assessments on the ongoing US visit by Prime Minister Nguyen Xuan Phuc at the invitation of President Donald Trump. 

Vietnam, Laos hold second political consultation

 The foreign ministries of Vietnam and Laos held their second political consultation in the Lao capital city of Vientiane on May 31. 

Prime Minister highlights stronger Vietnam-US parliamentary ties

PM Nguyen Xuan Phuc voiced his delight at the development of relations between the NA of Vietnam and the US Congress while holding phone talks with some key parliamentarians of the Republican Party and the Democratic Party in Washington D.C.