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Issuance of national standards on fish sauce production halted

 The Ministry of Science and Technology on March 12 asked the Directorate for Standards, Metrology and Quality to put on hold a plan to issue a set of standards for fish sauce production.

Fake products prevalent across online stores

 Counterfeit products have been flooding ecommerce platforms, Thanh Nien newspaper reported, citing a report by the General Department of Market Surveillance under the Ministry of Industry and Trade.

Quality physical education at schools difficult to obtain without more funds

VietNamNet Bridge - Replying to criticism, educators said that with a lack of money, facilities, teachers and curricula, ensuring high quality physical education was an impossible goal.


CPTPP opens up opportunities for Canadian, Vietnamese firms

 As theCPTPP has taken effect, Vietnam and Canada can boost cooperation across multiple fields such as agriculture, fisheries, infrastructure and clean technology, according to a Canadian official at a workshop on March 11.

SAV auditor general justifies conclusions on tax arrears of Unilever, Sabeco

 The conclusions of the State Audit of Vietnam on the forced collection of tax debts from Unilever Vietnam and Sabeco are reasonable and are not cause for lawsuits, the local media reported, citing SAV auditor general Ho Duc Phoc.

FIDE President set for Vietnam visit

 Arkady Dvorkovich, President of the World Chess Federation (FIDE), is currently on a tour of various Asian countries and is due to pay Vietnam a visit on March 13.

HCMC should take prudence over stalled projects in prime land: experts

 The HCMC authorities should review the prevailing legal frameworks and the financial capacity of investors while seeking investments in projects on the city’s prime sites.

First phase of Long Thanh Airport can be completed in three years

 The construction of the first phase of Long Thanh International Airport may be completed in just three years, two years ahead of schedule, which is supposed to start in 2020 and complete in 2025, if the land for the project is made available.

Banking sector bad debts under microscope

 Local credit institutions have been praised for combating bad debts last year, challenging other private and state lenders to follow suit.

Sacombank sell two big real estate projects to deal with bad debts

 To resolve bad debts, Sacombank has just decided to discount two real estate plots it previously put on sale by nearly VND1.812 trillion ($78.78 million).  

Golden Gate chairman recommended for Mobile World management board

 Mobile World’s bachhoaxanh.com food store chain is seeing good prospects thanks to the co-operation with Golden Gate, which owns more than 300,000 restaurants across the country. 

Treasury stock buyback may leave Yeah1 little profit

 The decision to use all reserve funds to buy back 600,000 treasury stocks may leave Yeah1 (code: YEG) skint of profit.

Vietnam fights against loan sharks and shadow banking

 Officials vowed to fight against loan sharks who are wrecking thousands of lives across Vietnam.

Hanoi to pilot motorbike ban

Hanoi authorities have proposed to pilot a ban on motorbikes on Nguyen Trai or Le Van Luong street. 

Google helps Vietnamese startups go international

 Google has recently announced a programme helping Vietnamese startups go global.

Vietnam affirms commitment to contributing to IFAD activities

Ambassador Nguyen Thi Bich Hue, Vietnamese Permanent Representative to IFAD, has lauded the fund’s support to Vietnam over the years.

Government moves to legalise P2P lending

 The Government will soon issue a decision to allow a pilot implementation of peer-to-peer (P2P) lending in the country before officially developing laws for the new form of business, Deputy Prime Minister Vuong Dinh Hue said.

Only 1.68 percent of population donate blood

 Vietnam collected 1.336 million blood units in 2018, of which 98.3 percent were donated by volunteer donors who account for only 1.68 percent of the nation’s population.

Vietnam-Myanmar relations increasingly substantive: officials

 The Vietnam-Myanmar Joint Committee for Bilateral Cooperation held its ninth meeting in Hanoi on March 12, during which its members shared the view that the countries’ comprehensive cooperative partnership is becoming increasingly substantive.

State to explore fee cuts for shipping companies

 The Viet Nam Maritime Administration has requested that associations, seaport companies and shipping companies be exempted or allowed to pay reduced service fees for containers stored at seaports for a long time.