Gov’t to tighten mobile service regulations

Vietnam and Israel have agreed to strengthen their cooperation during the second meeting of the Vietnam-Israel inter-governmental committee for cooperation in economy, science, technology and other areas. Minister of Science and Technology Chu Ngoc Anh (left) and Israeli Minister of Economy and Industry Eli Cohen. The information was released by Vietnamese Minister of Science and Technology Chu Ngoc Anh, who co-chaired the meeting, during an interview with Vietnam News Agency’s correspondent in Tel Aviv, Israel, on the sidelines of the event. The two sides noted with satisfaction the already fruitful cooperation between the two countries, with two-way trade increasing significantly during 2010-2016, he said. They also began negotiations for a free trade agreement with three meetings and are preparing for the next round, he said, noting Israel has recognised Vietnam’s market economic status. Both agreed that Vietnam and Israel hold a lot of potential for cooperation as the two economies are reciprocal. At the meeting, they agreed to work together to raise bilateral trade to 3 billion USD as agreed by the two countries’ leaders and accelerate the signing of the trade deal, while seeking an agreement on labour cooperation.   The two sides also set forth measures to implement a financial protocol. Israel said the country stands ready to share its experience in launching and promoting start-ups. They also agreed on measures to step up cooperation in technology, agriculture, navigation and development. Anh said Vietnam and Israel will mark the 25th anniversary of their diplomatic ties in 2018 and…... [read more]

The information was released by Vietnamese Minister of Science and Technology Chu Ngoc Anh, who co-chaired the meeting, during an interview with Vietnam News Agency’s correspondent in Tel Aviv, Israel, on the sidelines of the event. The two sides noted with satisfaction the already fruitful cooperation between the two countries, with two-way trade increasing significantly during 2010-2016, he said. They also began negotiations for a free trade agreement with three meetings and are preparing for the next round, he said, noting Israel has recognised Vietnam’s market economic status. Both agreed that Vietnam and Israel hold a lot of potential for cooperation as the two economies are reciprocal. At the meeting, they agreed to work together to raise bilateral trade to US$3 billion as agreed by the two countries’ leaders and accelerate the signing of the trade deal, while seeking an agreement on labour cooperation.   The two sides also set forth measures to implement a financial protocol. Israel said the country stands ready to share its experience in launching and promoting start-ups. They also agreed on measures to step up cooperation in technology, agriculture, navigation and development. Anh said Vietnam and Israel will mark the 25th anniversary of their diplomatic ties in 2018 and the two sides will coordinate to implement cooperation programmes for the interests of each side. According to the minister, during his trip to Israel, the two countries’ ministries of science and technology signed a memorandum…... [read more]

Minister of Science and Technology Chu Ngoc Anh (left) and Israeli Minister of Economy and Industry Eli Cohen. (Photo: VNA) Tel Aviv (VNA) - Vietnam and Israel have agreed to strengthen their cooperation during the second meeting of the Vietnam-Israel inter-governmental committee for cooperation in economy, science, technology and other areas. The information was released by Vietnamese Minister of Science and Technology Chu Ngoc Anh, who co-chaired the meeting, during an interview with Vietnam News Agency’s correspondent in Tel Aviv, Israel, on the sidelines of the event. The two sides noted with satisfaction the already fruitful cooperation between the two countries, with two-way trade increasing significantly during 2010-2016, he said. They also began negotiations for a free trade agreement with three meetings and are preparing for the next round, he said, noting Israel has recognised Vietnam’s market economic status. Both agreed that Vietnam and Israel hold a lot of potential for cooperation as the two economies are reciprocal. At the meeting, they agreed to work together to raise bilateral trade to 3 billion USD as agreed by the two countries’ leaders and accelerate the signing of the trade deal, while seeking an agreement on labour cooperation.   The two sides also set forth measures to implement a financial protocol. Israel said the country stands ready to share its experience in launching and promoting start-ups. They also agreed on measures to step up cooperation in technology, agriculture, navigation and development. Anh said…... [read more]

The information was released by Vietnamese Minister of Science and Technology Chu Ngoc Anh, who co-chaired the meeting, during an interview with Vietnam News Agency’s correspondent in Tel Aviv, Israel, on the sidelines of the event. Minister of Science and Technology Chu Ngoc Anh (left) and Israeli Ministerof Economy and Industry Eli Cohen. The two sides noted with satisfaction the already fruitful cooperation between the two countries, with two-way trade increasing significantly during 2010-2016, he said. They also began negotiations for a free trade agreement with three meetings and are preparing for the next round, he said, noting Israel has recognized Vietnam’s market economic status. Both agreed that Vietnam and Israel hold a lot of potential for cooperation as the two economies are reciprocal. At the meeting, they agreed to work together to raise bilateral trade to 3 billion USD as agreed by the two countries’ leaders and accelerate the signing of the trade deal, while seeking an agreement on labor cooperation. The two sides also set forth measures to implement a financial protocol. Israel said the country stands ready to share its experience in launching and promoting start-ups. They also agreed on measures to step up cooperation in technology, agriculture, navigation and development. Anh said Vietnam and Israel will mark the 25th anniversary of their diplomatic ties in 2018 and the two sides will coordinate to implement cooperation programs for the interests of each side. According to…... [read more]

NDO – As a result of the unpredictable and complex development of dengue fever, Prime Minister Nguyen Xuan Phuc has issued a directive urging for strengthened prevention and control of the dangerous disease. The document stated that since the beginning of 2017, more than 58,000 patients nationwide have been diagnosed with dengue fever, including over 49,000 hospitalised and 17 fatalities. Compared with the same period in 2016, the number of hospital admissions has increased by 11.2%, while the number of fatalities has risen by three. A large number of provinces and cities are experiencing a high morbidity rate and are at high risk of disease outbreak, especially Ho Chi Minh City, Ha Noi, Da Nang, Quang Nam, Binh Thuan, Binh Duong, Dong Nai, An Giang, Tra Vinh, Ca Mau, Tay Ninh, Soc Trang, Tien Giang and Nam Dinh. To proactively prevent the spread of dengue fever, the PM asked the People's Committees of provinces and cities to direct their concerned authorities at all levels to provide information to and mobilise people to deploy campaigns to eradicate mosquitoes and mosquito larvae in residential areas, while assigning specific tasks to authorities at all levels on disease prevention and control. Local authorities were requested to closely monitor the epidemic situation for early detection and comprehensively deal with outbreaks as soon as they are detected, in addition to organising emergency medical treatment for patients, strengthening inspection and supervision over areas with high risk and allocating adequate funds for disease prevention and control. The chairpersons…... [read more]

Stewart Beck, President and CEO of the Asia Pacific Foundation of Canada (Source: theglobeandmail.com) Toronto (VNA) - Policies that facilitate SMEs development are the most important topic of discussion at the third meeting of the APEC Business Advisory Council (ABAC), said Stewart Beck, President and CEO of the Asia Pacific Foundation of Canada. In an interview with the Vietnam News Agency on the sideline of the ABAC meeting in Toronto on July 26, Beck noted that 98 percent of companies in Asia-Pacific are classified as small- and medium-sized enterprises (SMEs), thus it is important to promote their operations and growth potential. Policies for SMEs growth include those on mechanisms for business establishment, startups, and recruitment at local level, he said. Meanwhile, looking for measures to diversify business categories in the region is also necessary, he added. Beck considered globalisation an important process, particularly with IT firms. He said he supports e-commerce, which, to him, is a platform for SMEs to trade without border. The point is governments’ understanding of online trading and issuance of policies that encourage its growth, said Beck, adding that the matter will be among ABAC’s recommendations to APEC leaders. The ABAC’s third meeting in 2017 took place in Toronto, Canada, from July 24-28. During the event, business leaders from APEC member economies gathered to build an agenda and make recommendations on business climate improvement across the APEC region, which will be submitted to the APEC Economic Leaders’…... [read more]

More than 100 workers of Wondo Vina Limited Company in the Mekong Delta Province of Tien Giang were hospitalised on Wednesday afternoon with suspected symptoms of food poisoning. Workers being treated at hospital for food poisoning.  According to the Vietnam News Agency reporter in Tien Giang Province, the total number of ill patients, so far, has reached 187. Over 130 patients were discharged from hospital on Thursday afternoon. The remaining 56 patients are still being treated.  Nguyen Van Be, director of the healthcare centre of Cho Gao District, said the patients developed symptoms of vomiting, dizziness and stomachache.  The hospital had to mobilise all its staff and equipment to treat such a large number of patients.  Four pregnant females and other seriously-ill patients were transferred to the provincial General Hospital for further treatment.  According to workers, on Wednesday, they had lunch consisting of chicken curry and bread.  Authorised agencies of Tien Giang Province have taken food samples for testing.  This is the third time workers of this company have suffered from food poisoning and been admitted to hospital.  In 2013, up to 1,200 workers fell ill due to food poisoning. In 2015, more than 100 workers suffered from the illness.  Wondo Vina Limited Company, located in Long Binh Dien Commune, Cho Gao District, specialises in textile manufacturing for export.  VNS... [read more]

Inaccessibility to bank loans is one of the main factors that has prevented private small and medium-sized businesses from further development, experts say. Customers make borrowings at a VPBank’s office in Khanh Hoa Province.  Private businesses have made significant developments in all fields, sectors and regions. According to 2016 data from the Statistics General Department, the private sector contributed 40 per cent of the total GDP and generated 51 per cent of jobs across the country. Though the Government, the State Bank of Viet Nam and local banks have made efforts and solutions to help private businesses access bank loans, there are still troubles for them to receive financial support. “About 70 per cent of private businesses cannot access bank loans, though there are many policies that allow local banks to increase their credit growth in the private sector,” said To Hoai Nam, Secretary General of the Viet Nam Association of Small and Medium Enterprises at an online conference held yesterday by the Government portal chinhphu.vn. SMEs and private companies have to look for other available sources of capital, such as relatives and the black market, which offers high interest rates and risks, according to Nam. Local banks are often cautious considering business plans of private companies and hardly change their policies to meet businesses’ requirements. On the other hand, private companies are unable to demonstrate the potential outcomes in their borrowing proposals and comply with bank requirements about the standard form of financial reports, and they often have low-valuated…... [read more]

Private businesses have made significant developments in all fields, sectors and regions. According to 2016 data from the Statistics General Department, the private sector contributed 40 percent of the total GDP and generated 51 percent of jobs across the country. Though the Government, the State Bank of Viet Nam and local banks have made efforts and solutions to help private businesses access bank loans, there are still troubles for them to receive financial support. “About 70 percent of private businesses cannot access bank loans, though there are many policies that allow local banks to increase their credit growth in the private sector,” said To Hoai Nam, Secretary General of the Vietnam Association of Small and Medium Enterprises at an online conference held yesterday by the Government portal chinhphu.vn. SMEs and private companies have to look for other available sources of capital, such as relatives and the black market, which offers high interest rates and risks, according to Nam. Local banks are often cautious considering business plans of private companies and hardly change their policies to meet businesses’ requirements. On the other hand, private companies are unable to demonstrate the potential outcomes in their borrowing proposals and comply with bank requirements about the standard form of financial reports, and they often have low-valuated guaranteed assets. According to economist Nguyen Minh Phong, there are a few main reasons that have kept SMEs from obtaining bank loans. First, private companies do not have long-term business strategies. Therefore, they prefer available financial loans to…... [read more]

Private businesses have made significant developments in all fields, sectors and regions.  According to 2016 data from the Statistics General Department, the private sector contributed 40% of the total GDP and generated 51% of jobs across the country. Though the Government, the State Bank of Vietnam and local banks have made efforts and solutions to help private businesses access bank loans, there are still troubles for them to receive financial support. “About 70% of private businesses cannot access bank loans, though there are many policies that allow local banks to increase their credit growth in the private sector,” said To Hoai Nam, Secretary General of the Vietnam Association of Small and Medium Enterprises at an online conference held yesterday by the Government portal chinhphu.vn. SMEs and private companies have to look for other available sources of capital, such as relatives and the black market, which offers high interest rates and risks, according to Nam. Local banks are often cautious considering business plans of private companies and hardly change their policies to meet businesses’ requirements. On the other hand, private companies are unable to demonstrate the potential outcomes in their borrowing proposals and comply with bank requirements about the standard form of financial reports, and they often have low-valuated guaranteed assets. According to economist Nguyen Minh Phong, there are a few main reasons that have kept SMEs from obtaining bank loans. First, private companies do not have long-term business strategies. Therefore, they…... [read more]




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