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Industry Ministry proritizes letting Dung Quat Shipyard go bust

 Ministry of Industry and Trade report to National Assembly states it is prioritizing allowing the shipbuilder to go bankrupt.

Right approach necessary for private sector to drive Vietnamese economy

 The best approach to grow the Vietnamese economy is to create a level playing field in all sectors. For the private sector to become a driver of the economy, several macro- and microeconomic preconditions need to be met.

CJ’s road to dominance in Vietnamese food sector

With its recent acquisition of Cau Tre Export Goods Processing JSC, South Korean conglomerate CJ is one step closer to playing a crucial role in the Vietnamese processed food sector. 

Hanoi police arrest five men for tiger trading

 Police in Hanoi have arrested five men for trading a tiger to make glue.

Foreign-owned retailers face tax inspection

General Department of Taxation has asked local authorities to carry out inspections at the foreign-owned retail stores in Vietnam.

LG Display Vietnam proposes to increase investment

 LG Display Viet Nam Hai Phong Co has proposed to raise its investment capital from the current US$1.5 billion to $1.59 billion, baodautu.vn reported.

16 Vietnamese banks to up capital by $1.6b

 The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VND37 trillion (US$1.62 billion).

Vietnam's agriculture needs sustainable solutions

To achieve sustainable development, Viet Nam’s agriculture sector needs to improve productivity and quality as well as define the market structure for each farming product.

Z.com to be VN national football teams’ main sponsor

 Z.com, the global brand by Japanese internet services provider GMO Internet Group, has become the Vietnamese national football team’s top star partner for the second year in a row.

Fish from Formosa-contaminated waters being tested for safety

 The Ministry of Health is conducting tests on seafood samples collected from the central provinces, which were affected by the Formosa toxic spill, to determine if they are safe for consumption.

HCM City set to clear canals

 The HCM City People’s Committee has asked district authorities to work with agencies to crack down on illegal encroachment on rivers, canals and the drainage system in an aim to prevent flooding. 

Amateur golfer championship attracts 120 players

 The Open Amateur Golfers Championship Vietnam 2017, to begin in the central province of Binh Dinh on June 8, has attracted 120 golfers, including 10 foreigners. 

Northern VN enjoys bumper Winter-Spring rice harvest

 The northern region from Thua Thien-Hue province northward reaped a bumper harvest in the 2016-2017 Winter-Spring rice crop for the 10th consecutive year, heard a conference held in Thanh Hoa province on May 24.

Prime Minister welcomes Siemens CEO

 Prime Minister Nguyen Xuan Phuc lauded Siemens AG’s cooperation with Vietnam in various fields during his reception in Hanoi on May 24 for Joe Kaeser, President and CEO of the German group.

Vietnam win third match at Sudirman Cup

 Vietnam beat Scotland 4-1 for their third win at the Total Badminton World Federation Sudirman Cup, the World Team Championships in Australia on May 24.

Party chief lauds visit by Cuban Party official

Party General Secretary Nguyen Phu Trong lauded the visit by Secretary of the Communist Party of Cuba Central Committee Jose Ramon Balaguer during a reception yesterday.

Deputy PM Pham Binh Minh chairs Vietnam-Spain business forum

Deputy PM and Foreign Minister Pham Binh Minh reaffirmed the Vietnamese government’s commitment to welcoming foreign investors, including those from Spain, with all possible support at the opening of the Vietnam-Spain business forum yesterday. 

Vietnamese Prime Minister greets Iranian diplomat

 Prime Minister Nguyen Xuan Phuc on May 24 hosted a reception for Iranian Ambassador to Vietnam Saleh Adibi, during which he called on Iran to make it easy for Vietnamese firms to expand investment in the Islamic nation. 

Vietnam’s 10 years in WTO through expert’s glance

Looking at Vietnam’s achievements in several areas, including economic growth pace, the country’s belief in the renewal process has been a success, said former WTO General Director Pascal Lamy during an interview with VNA.

Vietnam’s 10 years in WTO through expert’s glance

Looking at Vietnam’s achievements in several areas, including economic growth pace, the country’s belief in the renewal process has been a success, said former WTO General Director Pascal Lamy during an interview with VNA.