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HCM City, RoK’s Ansan city promote cooperation

HCM City always attaches great importance to enhancing friendship and cooperation with Korean localities, including Gyeonggi province’s Ansan city, said Vice Chairman of the municipal People’s Council Pham Duc Hai.

 

Prime Minister sets forth solutions in international integration

Individuals and businesses alike should be the subject of international integration, Prime Minister Nguyen Xuan Phuc said at a teleconference on April 23.

 

ASEAN economic ministers ink investment, trade pacts

The ASEAN Trade in Services Agreement (ATISA) and the fourth protocol amending the ASEAN Comprehensive Investment Agreement (ACIA) were inked by ASEAN economic ministers in Thailand on April 23.

 

Airlines, railways and buses add transport capacity for holidays

Vietnam Airlines will have an additional 78,000 seats on international and domestic routes during the Reunification Day and Labour Day holidays.

 

Vietnamese spend US$1.2 billion on alcohol-related cancer treatment

The habit of consuming much alcohol leaves severe consequences to be fixed, with the treatment of six common types of alcohol-related cancer in Vietnam already costing around US$1.118 billion, or 0.25% of the country’s GDP in 2017.

Arms trafficker detained in HCM City

Border guards in Ho Chi Minh City have arrested a man suspected of illegally transporting guns and ammunition from another country to Vietnam through the city port.

 

Lao citizens naturalised in Dien Bien northern province

As many as 76 Lao citizens have been naturalised in the northern province of Dien Bien under a decision signed by the Vietnamese President, Party General Secretary Nguyen Phu Trong.

 

Vietnamese PM’s China trip promotes cooperation for regional prosperity

Prime Minister Nguyen Xuan Phuc will attend the second Belt and Road Forum for International Cooperation (BRF) in Beijing, China, from April 25-27.

 

Nearly US$84 million invested in upgrading north-south railway

The Ministry of Transport has approved a 1.95 trillion VND (83.85 million USD) project on upgrading weak bridges along the railway connecting Hanoi to Ho Chi Minh City.

 

Weak logistics services cause great losses to Mekong Delta exporters

The poor logistics services in the Mekong Delta have pushed up the costs of export goods, especially farm produce, and caused great losses to export firms, it was reported at a workshop held in Can Tho city on April 23.

 

Vietnam vows to join int’l efforts in ending sexual violence in conflict

Vietnam will work closely with the international community in preventing and stamping out sexual violence in conflicts, said Ambassador Dang Dinh Quy, head of the Vietnamese mission to the United Nations (UN).

 

Vietnam People’s Navy ship visits Singapore

A sailing ship of the Vietnam People’s Navy anchored at Changi port on April 23, beginning a four-day visit to Singapore that lasts until April 26.

 

Vietnamese enterprises amid M&A tendency

Instead of carrying out projects themselves, several foreign investors tend to increase investments into Vietnam via capital contribution, share purchase or acquisition.

BUSINESS NEWS 24/4

PV Gas reports 16% increase in Q1 profit

 

Five blocks outside Thu Thiem urban area to be reviewed

The Government Inspectorate is seeking approval from Prime Minister Nguyen Xuan Phuc to establish an inspection team to handle complaints by residents in the HCMC-based Thu Thiem New Urban Area over five blocks outside the approved boundaries.

 

Vietnamese startups benefit from enabling environment

Like elsewhere in the world, digitalization or digital transformation is emerging in all fields in Vietnam, from trade and banking and finance to health, education, tourism, and transportation.

Ho Chi Minh City seeks ideas for innovation district planning

Ho Chi Minh City on April 24 announced an international competition calling for planning ideas to develop a highly interactive and innovative urban area in the east of the city.

 

Vietnam well-positioned to develop industrial property

Vietnam is well-positioned to develop industrial property, experts said at the Vietnam Industrial Real Estate Forum 2019 in Hanoi on April 23.

 

Platinum Victory targets higher stake in Vietnam’s Vinamilk

Platinum Victory - a subsidiary of Hong Kong-based conglomerate Jardine Matheson - has registered to purchase an additional 17.41 million shares or 1% stake in Vietnam's largest dairy producer Vinamilk.

Vietnam among top 5 countries importing plastic waste in 2018

Since May 2018, imports of scrap plastic have banned at major ports in Vietnam until further notice. In July 2018, the Vietnamese government announced it will no longer issue new license for plastic waste import.