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NA session: SOEs’ efficiency not match resources

 The operation efficiency of State-owned enterprises (SOEs) during 2011-2016 had yet to match the resources they were holding, according to a report delivered to the National Assembly on May 28. 

Vietnamese PM, Foreign Minister receive Australian FM Julie Bishop

 Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on May 28 for Australian Foreign Minister Julie Bishop, during which they highly evaluated the fruitful development of bilateral relations in recent years.

Vietnamese cueist Quyet Chien ranked 10th in world

 Vietnamese cueist Tran Quyet Chien jumped 8 spots to 10th place in the latest World Union of Billiards (UMB)'s three-cushion rankings.

Vietnam’s economy continues to see signs of growth

 Vietnam's economy grew rapidly and comprehensively last year, according to a government report presented at the ongoing session of the National Assembly.

Vietnam’s ride-hailing market heats up

VietNamNet Bridge - Many taxi firms have announced investments in ride-hailing apps, but they have been warned that the market is not as lucrative as they think. 

Outdated infrastructure blamed for rail accidents

Outdated infrastructure, limited funds and operator negligence have been identified as the main causes serious accidents on the rail.

Viet Nam’s exports of seafood to EU crash

 Vietnamese seafood exports to the European Union last month crashed over a shortage in EU-compliant raw materials, the Viet Nam Association of Seafood Exporters and Producers (VASEP) said.

F&B firms strive to hit safety goals

 With a market of 93 million people, Viet Nam has seen rapidly growing consumer demand for food and beverage (F&B) products, offering great opportunities for the sector to expand, experts have said.

New regulation reduces cross-ownership in banks

 Cross-ownership in banks has decreased sharply after the banks recently changed their top leaders at the 2018 annual general meetings of shareholders (AGMs) to meet the central bank’s new regulation.

Vietnamese wins Three-Cushion Carom Billiards World Cup in HCM City

 Cueist Tran Quyet Chien (world No 18) has become the new champion of the 2018 Three-Cushion Carom Billiards World Cup, which took place in Ho Chi Minh City from May 25.

Most Venerable Thich Duc Thien receives India’s noble award

 Most Venerable Thich Duc Thien, Vice President and General Secretary of the Vietnam Buddhist Sangha, was awarded with Padma Shri – the fourth highest civilian award of India – at a ceremony in Hanoi on May 27.

New rules on processing goods for foreign traders

 The Vietnamese Government has issued a decree stipulating that Vietnamese traders are allowed to process legal goods for foreign merchants, excluding the commodities banned or temporarily suspended from export and import.

Bad debts tend to escalate

VietNamNet Bridge - After considering the Q1 finance reports of 13 large and medium sized commercial banks, analysts say they have found that bad debts are increasing again.

Vietnamese athlete wins gold medal at Asian Taekwondo Champs

 Vietnamese athlete Truong Thi Kim Tuyen won the first gold medal for the country at the 23rd Asian Taekwondo Championship in Ho Chi Minh City.

First Vietnamese becomes IAQ academician

 Dr. Ngo Van Nhon, Chairman of Vietnam Quality Association and President of Institute for Quality Assessment and Development in Ho Chi Minh City, has become the first Vietnamese to become an academician of the International Academy for Quality (IAQ).

Defence minister to attend 17th Shangri-La Dialogue in Singapore

 A Vietnamese military delegation led by Defence Minister Ngo Xuan Lich will attend the 17th Asia Security Summit or Shangri-La Dialogue in Singapore from May 31 to June 3.

US Secretary of Defence vows to foster cooperative ties with Vietnam

 The US will continue fostering cooperation with Vietnam in defence, search and rescue, disaster relief, maritime security, peacekeeping, and war aftermath settlement, said US Secretary of Defence James Mattis. 

Social News 28/5

Hanoi celebrates 590 years since King Le Thai To’s coronation, OV intellectuals in France, Belgium meet for national building, Vietnam impresses Prague international art festival, Vietnam works to ease childhood micronutrient deficiency

More measures needed to fight smoking in VN

 Although progress has been made in tobacco control, more efforts are needed on anti-tobacco measures and reduction of deaths related to smoking in Vietnam.

Japan attaches importance to President Tran Dai Quang’s visit: Ambassador

 Japanese Ambassador to Vietnam Kunio Umeda has stated that Japan attaches importance to the upcoming State visit by President Tran Dai Quang and his spouse from May 29 to June 2 on the occasion of the 45th anniversary of bilateral diplomatic ties.