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CLV Development Triangle Area meeting ends with success

 The 11th meeting of the Joint Coordination Committee on Cambodia-Laos-Vietnam (CLV) Development Triangle Area was declared a success in Vietnam’s southern Binh Phuoc on December 19. 

Vietnam import-export turnover hits $400 billion

 Total import-export revenue this year reached 400 billion USD in mid December, representing a fourfold increase in ten years.

Lao leader visits former Vietnamese Party chiefs

General Secretary of the Lao People’s Revolutionary Party and President of Laos Bounnhang Vorachith on December 19 paid calls on former General Secretaries of the Communist Party of Vietnam Le Kha Phieu and Nong Duc Manh.

NA Chairwoman and PM laud visit of Lao Party and State leader

NA Chairwoman Nguyen Thi Kim Ngan hailed the on-going official friendly visit to Vietnam of General Secretary of the Lao People’s Revolutionary Party and President of Laos Bounnhang Vorachith as an important political event in bilateral ties. 

Vietnam, Morocco see potential for multi-sector cooperation

 Prime Minister Nguyen Xuan Phuc discussed potential fields for bilateral cooperation with President of the Moroccan House of Representatives Habib El Malki during a meeting in Hanoi on December 19.

NA Vice Chairman Do Ba Ty visits China

 A delegation of Vietnam’s National Assembly led by Vice Chairman Do Ba Ty is paying an official visit to China from December 18-22, as a step to carry out cooperation agreements between the legislative bodies of the two countries. 

Non-cash payment programs encounter barriers

VietNamNet Bridge - The smartphone-based payment service market in Vietnam has become busy in the last six months, but Vietnam is still far from its ‘non-cash payment’ target.

With no national storehouse, storage of radioactive sources remains risky

VietNamNet Bridge - The number of radioactive sources which are temporarily stored in Vietnam is nearly 3,000 out of more than 5,000 sources. 

Illegal waste imports difficult to control, manage: agencies

VietNamNet Bridge - Large amounts of hazardous waste are still transported illegally across borders from developed to developing countries, including Vietnam.

Special policy for IT training could affect training quality

Students in other training majors who have finished their first, second or third year are allowed to shift to an IT major. 

Licensing uncertainties grip foreign-invested enterprises

 The Ministry of Industry and Trade’s Legislation Department has clarified that all commercial processing activities of foreign firms in Vietnam are subject to Decree No.23/2007/ND-CP issued in February 2007.

Ministries mull over easing automobile import rules

 As expected by foreign automobile manufacturers, Vietnam is considering delaying the effective date of Decree No.116/2017/ND-CP for possible revisions to ease import rules.

Vietnamese, Lao leaders emphasise special relations

 The special relations between Vietnamese and Lao Parties and States hold the strategic meaning to peace, stability, cooperation and development in the respective countries as well as in the region and around the world.

Snow blankets Fansipan Mountain

Fansipan mountain in Sapa district in the northern mountainous province of Lao Cai has been covered with snow and frost on December 19.

Trade surplus: Joy and anxiety

The General Statistics Office (GSO) has announced there was an excess of exports over imports of $2.8 billion in the first 11 months of the year. 

Vinalines corporate value estimated at US$800 million

After being audited by the State Audit Office of Vietnam, the corporate value of Vinalines increased by VND1.35 trillion ($59.4 million) with the state-owned capital increase of VND1.8 trillion ($79.2 million), compared to the previous statistics.

The second advertisement stopping wave on YouTube

 Along with Vinamilk and Vingroup, numerous Vietnamese brands have stopped advertisting on the world’s largest online video site YouTube after their advertisements were linked to clips containing poor content.

Textile and garment sector stands to benefit from EVFTA

 The EU-Vietnam Free Trade Agreement will offer direct opportunities to Vietnam to upgrade its textile and garment sector.

ASEAN free trade to put pressure on Vietnam

 According to the ASEAN Trade in Goods Agreement (ATIGA), Vietnam will have to cut 669 tariff lines to zero percent in January 2018.

Local access to Danang beach still blocked

 Local people in Danang City's Ngu Hanh Son District are complaining about the slow re-opening of roads to the beaches which have been blocked by beach-side resorts.