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Major auto brands confirm presence at 3rd Viet Nam International Motorshow

 Seven major auto brands have so far confirmed participation at the third Viet Nam International Motorshow (VIMS 2017) to be held in HCM City next October.

Mobiistar unveils 2 ‘selfie’ smart phones

 Vietnamese mobile phone maker Mobiistar will introduce by the end of this month a pair of “selfie” smart phones, Zumbo S2 and Zumbo J2, targeting young users.

Prime Minister vows to create level playing field for firms

 The Government has pledged to take stronger measures to create a level playing field for businesses and to improve the competitiveness of local enterprises.

Citing growth, National Assembly mulls oil output boost

 The Economic Committee of the National Assembly said careful consideration must be given to increasing crude oil output to boost economic growth.

Vietnam earmarks $11m for HCM City teachers

HCM City People’s Committee has petitioned the city People’s Council to increase salary and allowances to raise incomes for kindergarten teachers to encourage them to continue working.

Traffic accidents cost Vietnam 2.5% of GDP

 Traffic accidents cost Viet Nam 2.5 per cent of its annual GDP as per World Health Organisation estimates, said Khuat Viet Hung, vice-chairman of the National Committee for Traffic Safety.

Vienam beat Tajikistan in Asia Futsal event

 Vietnam defeated Tajikistan 4-2 in the opening match of Group B of the 2017 Asian Football Confederation (AFC) U-20 Futsal Championship Bangkok, Thailand on May 17

Vietnam seeks ways to attract more Swiss tourists

 The National Administration of Tourism has launched a meeting program for Vietnam and Switzerland travel operators with the purpose of attracting more visitors from the European country.

Economists, gov't differ on whether GDP growth rate is attainable

VietNamNet Bridge - The government still insists on a 6.7 percent GDP growth rate target this year, though economists warn it will be out of reach.

Vietnam business leaders losing battle to become competitive

 Private sector small businesses in retail and manufacturing are not demonstrating an ability to effectively compete in the international marketplace, says Dinh Thi My Loan, chair of the Vietnam Retailers Association.

Textile and clothing firms reluctant to implement Industry 4.0 practices

 The textile and garment sector is forecast to benefit greatly from the technologies of Industry 4.0 – businesses in the sector, however, remain indifferent to the changing tide.

Toyota junior football summer camp to select candidates in June

 The Toyota junior football summer camp will carry out its first selection round in June, the organisers announced on May 17.

APEC senior officials highlight progress on VN’s four priorities for 2017

 International delegates to the APEC 2017 Second Senior Officials Meeting (SOM2) and related meetings in Hanoi have highlighted progress on the four priorities for APEC 2017 selected by host Vietnam.

NA Standing Committee wraps up 10th session

 The 10th session of the 14th National Assembly Standing Committee closed in Hanoi on May 17 after completing all preparations for the legislature’s third sitting.

Can Tho provides subsidy to airlines flying to city

 The Mekong Delta city of  Can Tho plans to open more domestic and international flights to the city by giving subsidies to airlines, with a maximum subsidy of $375,000 a year, said a local official.

Illegal sand mining in Phu Tho continues despite ban

 Sand mining activities of a company in northern Phu Tho province have allegedly led to serious erosion and subsequent loss of farmland, leading to public concerns.

Hanoi: 669 cases of dengue fever recorded

 Hanoi has reported 669 cases of dengue fever this year, a rise of 26 percent year-on-year, announced the city’s Preventive Medicine Department.

Vietnamese PM works with ministries, sectors to facilitate enterprises

 Prime Minister Nguyen Xuan Phuc hosted a meeting with ministries and sectors to seek ways to address problems facing businesses on May 17.

Vietnam among Asia’s growth leaders

 In a recent article, New York-based media firm Bloomberg has cited IMF outlook that Southeast Asia, including Vietnam, is taking over as the region’s growth leader.

Tax, customs policies remain roadblocks to Vietnamese enterprises

 While acknowledging the Government’s efforts in tax reforms, many enterprises say cumbersome tax and customs procedures are blunting the country’s advantage in low-price labour.