S. Korea, U.S. seeking defense chiefs’ meeting at early date

Private enterprises should continuously reform and increase competitiveness to contribute 50-60 percent of the national gross domestic product GDP), Prime Minister Nguyen Xuan Phuc said while addressing the second Vietnam Private Sector Forum held in Hanoi on July 31. At the second Vietnam Private Sector Forum He reiterated the target of building a facilitating Government which accompanies businesses, and protects all legitimate rights and interests of investors, in accordance with principles of the World Trade Organisation, bilateral agreements and the Government’s commitments. The PM suggested focusing on the fields of global demand, such as agriculture, food, consumer products, and tourism instead of just concentrating on serving domestic companies as suppliers or subcontractors with low added value. It is necessary to expand international cooperation in trade, technological transfer, production and sales of products to the overseas markets, he recommended.  The Government pledges to create a transparent, safe and friendly business environment as well as create all favourable conditions for businesses, especially private and small-and medium-sized ones and startups to develop, he affirmed. He asked ministries and relevant departments to hold periodical dialogues with businesses to promptly remove their bottlenecks. The PM directed localities to prepare all necessary conditions such as land and particular policies to enable investors to do long-term business. He hoped private enterprises will embrace links and anticipate risks and difficulties to promote innovation and actively engage in international integration. The second Vietnam Private Sector Forum was organised by the Vietnam Young Entrepreneurs' Association and the Mekong Business Initiative.…... [read more]

VietNamNet Bridge – A concert with popular pieces from international and Vietnamese composers will take place at the new Vinh Phuc Theatre on August 19. Double trouble: Artists To Loan and Dang Duong performed at the press conference. Photo Nguyen Thuy Binh The Toyota Concert 2017, held by Viet Nam National Symphony and Orchestra (VNSO) and Toyota Motor Viet Nam, will be held in the northern province of Vinh Phuc for the first time, as well as Ha Noi and HCM City.  The Vinh Phuc concert will include Johann Strauss’s overture The Bat; Johannes Brahams’s Hungarian Dance; Antonin Dvorak’s Symphony No 9; and Vietnamese songs performed by Dang Duong and Dao To Loan.  The Vietnamese songs include Truong Ca Song Lo (The Lo River Epic); Du Kich Song Thao (The Thao River Guerilla); Tinh Ca (Love Song); Nguoi Ha Noi (Ha Noi People) and Tinh Ca Tay Bac (Tay Bac Love Songs) which were among the most popular pieces in the country in the 1940s to 1950s.  "The songs by veteran composers praise patriotism and nostalgia of soldiers, many of whom never returned," said Nguyen Tri Dung, the VNSO’s director at a press conference in Ha Noi.  The Lo River Epic was inspired by Van Cao’s trip to the northernmost Viet Nam army base.  The epic was published in 1948 and quickly laid on top of patriotic-inspired music.  Van Cao (1923-95), from Hai Phong was the composer of the Vietnamese national anthem. He composed romantic songs and later composed patriotic…... [read more]

At the second Vietnam Private Sector Forum (Photo: VNA) Hanoi (VNA) – Private enterprises should continuously reform and increase competitiveness to contribute 50-60 percent of the national gross domestic product GDP), Prime Minister Nguyen Xuan Phuc said while addressing the second Vietnam Private Sector Forum held in Hanoi on July 31. He reiterated the target of building a facilitating Government which accompanies businesses, and protects all legitimate rights and interests of investors, in accordance with principles of the World Trade Organisation, bilateral agreements and the Government’s commitments. The PM suggested focusing on the fields of global demand, such as agriculture, food, consumer products, and tourism instead of just concentrating on serving domestic companies as suppliers or subcontractors with low added value. It is necessary to expand international cooperation in trade, technological transfer, production and sales of products to the overseas markets, he recommended.   [Private sector vital to fuel economy: PM] The Government pledges to create a transparent, safe and friendly business environment as well as create all favourable conditions for businesses, especially private and small-and medium-sized ones and startups to develop, he affirmed. He asked ministries and relevant departments to hold periodical dialogues with businesses to promptly remove their bottlenecks. The PM directed localities to prepare all necessary conditions such as land and particular policies to enable investors to do long-term business. He hoped private enterprises will embrace links and anticipate risks and difficulties to promote innovation and actively engage …... [read more]

Vietnam's central city of Da Nang has been chosen to host the first World Performing Arts Festival in 2018. The decision was made by the International Theatre Institute (ITI) at its 35th World Congress held recently in Spain. The festival will help raise the position of Vietnam’s performing arts. A 'tuong' (traditional opera) performance by artists from Nguyen Hien Dinh Tuong Theatre in Da Nang city  At the congress, Vietnamese director Le Quy Duong was elected to the ITI Executive Council and Vice President of the International Festival Forum’s Executive Board. Vietnam possesses a diverse repertoire of traditional cultural stage performing arts many of which have been recognised as treasured cultural heritages of mankind, including Nha Nhac (Hue royal court music), Ca Tru (ceremonial singing), Xoan (Spring) singing, water puppetry, and Don Ca Tai Tu (Southern amateur folk music). However, the country’s performing arts sector is facing numerous questions in regards to further developing traditional art forms in today’s context, such as how to blend traditional stage features with creativity in order to produce more stage works which can be performed on the world stage? How to enhance the qualification of Vietnam’s stage artists so that they are qualified to attend international stage projects? In this context, the ITI and the International Festival Forum have proposed many practical action plans in the 2017-2020 period which increase the presence of people in stage activities and international stage festivals, and encourage stage artists to become bridges linking countries worldwide. The first World…... [read more]

The International Centre for Interdisciplinary Science and Education in Vietnam (ICISE) in Quy Nhon city. The conference “Nanophysics: From fundamental to applications”is taking place at the centre (Photo: binhdinh.gov.vn) Binh Dinh (VNA) – As many as 120 foreign and domestic scientists are attending the conference “Nanophysics: From fundamental to applications”, which opened in Quy Nhon city, the central coastal province of Binh Dinh on July 31 as part of the 13th Recontres du Vietnam (Meet Vietnam) programme. The six-day event, jointly held by the Ministry of Science and Technology and the provincial People’s Committee, updates latest emerging nanotechnology in the world like allotrope and topo material.  Topics on nanoelectronics and nano equipment, superconductivity, magneto-resistive materials as well as strongly correlated systems are also debated. Professor Tran Thanh Van, Chairman of the Recontres du Vietnam foundation and founder of the International Centre for Interdisciplinary Science and Education in Vietnam (ICISE) in Quy Nhon city, said that as this year’s event drew the participation of reputed professors with significant contributions to the world’s nanophysics, it will create opportunities for Vietnamese scientists to learn experience in nano scientific research from international experts. The same day, the 13th Recontres du Vietnam programme kicked off a conference on general relativity and gravitation with the attendance of 16 experts from six countries.-VNA ... [read more]

Speakers share their knowledge in four sectors of smart technology — VNS Photo Phương Thao Viet Nam has a solid foundation for information technology but must constantly strive to be globally competitive, Hajime Hotta, co-founder of Innovatube and president of Cinnamon AI Labs, said at the Ha Noi technology event on Sunday. "Innovatube Frontier Summit" (IFS) is the first event in Viet Nam that covers four sectors of smart technology -- Artificial Intelligence (AI), Internet of Things (IoT), Blockchain and Virtual Reality/Augmented Reality (VR/AR). With the motto "Stay in front," IFS is expected to become a playground for startups and individuals who are working in the technology business to share their knowledge and experience in frontier technologies and learn how to implement them in real projects. The summit connected a network of the best Viet Nam and Southeast Asia speakers in the four hottest technology fields with over 500 Vietnamese and international entrepreneurs, engineers, researchers and top tech companies exchanging ideas to have more opportunities for investment cooperation. Hajime also affirmed the significance of combining technological talent with entrepreneurship spirit. "I think any country (except China and the United States) cannot lead the global economy alone. Therefore, there should be cooperation among countries in Asia to work together to build achievements,” Hajime told Viet Nam News. As regards the technology potential of Viet Nam, Hajime said the country has a solid foundation for information technology but must constantly strive to be globally…... [read more]

The Ministry of Industry and Trade has advised enterprises to carefully study export regulations of the United Arab Emirates (UAE) when conducting business with firms there to avoid suffering losses. According to the Vietnamese Trade Office in the UAE, many Vietnamese firms have recently been cheated by some UAE businesses. Vietnamese enterprises should be vigilant when selling goods to UAE firms as they can arm-twist these businesses into accepting their payment methods and prices, and even devalue Vietnamese goods in the market. Most of the UAE importers of vegetable and fruits prefer deferred payment in which they can deposit an amount, and pay the rest only 15 to 30 days after receiving the goods, the ministry’s Department of African, West Asian, South Asian Market said. Also, they rarely open Letter of Credits at banks, a step that minimises risks for exporters. The department suggested that Vietnamese firms should not compromise on the payment method, and deferred payment should be applicable on receivables equivalent to 10-20 per cent of the contract value. Pham Trung Nghia, Vietnamese Trade Counselor in Dubai, recommended that Vietnamese businesses contact the Trade Office in the UAE before starting business in the UAE market, an open, transit market for 40 per cent of the exported goods. Also, Vietnamese firms that sign contracts with new UAE partners should enlist the office’s support in confirming the legal status and reputation of their potential partners. To boost sustainable trade between Viet Nam and the UAE, experts advised that Vietnamese firms…... [read more]

As the demand for imported beef soars, Australian exporters are strengthening their market share in Viet Nam, but the situation is fraught with risk, experts say. A Dau tu (Investment Review) newspaper report says Viet Nam has become one of the largest importers of Australian cattle. In 2016, Viet Nam ranked fourth among 32 countries importing Australian cattle. The report quoted Tong Xuan Chinh, deputy head of the Ministry of Agriculture and Rural Development’s Animal Husbandry Department, as saying Viet Nam began importing Australian cattle in 2010. In 2012, Viet Nam had just four enterprises importing Australian cows but by 2015, the number had risen to several dozen with a total of 360,000 heads of cattle imported. Vietnamese businesses are now rushing to import Australian cows and fattening them for sale to slaughterhouses. As a result, inventories of live cattle have swelled significantly. The inventory of Australian live cattle in 2015 was estimated at 100,000 heads due to oversupply, Chinh told Dau tu, adding that in 2016, imports of cattle from Australia to Viet Nam slowed dramatically as feedlot operators moved to lower their inventories. Before 2010, Australian cattle exporters were not aware of the attractive Vietnamese market. Their main partner at the time was Indonesia, importing nearly 1 million cows from Australia per year, said Luong Minh Tung, Chairman of Yen Phu Beef and Dairy Cattle Breeding JSC. in Ninh Binh Province. In 2011, the Australian government issued a ban on cow exports to Indonesia after reports surfaced about…... [read more]

Cam Ranh International Airport. — VNS Photo Doan Tung Khanh Hoa Province authorities have set a 2018 operation deadline for a new runway under construction at Cam Ranh International Airport. The project on Cam Ranh Airport’s second runway began in March 2015 and was expected to be completed within 36 months. However, unfavourable weather conditions have deterred the construction from finishing on schedule. Financed by the State, the project costs over VND1.9 trillion (US$83.6 million). The construction features a runway that is 3.048 metres long and 45 metres wide. Cam Ranh Airport was built by the US troops to serve its military missions during wartime and was converted into a civil airport in 2004. It was upgraded to an international airport in 2009. Currently, the airport’s international terminal has a capacity of 1.5 million passengers annually. In September last year, the construction of a new international terminal at Cam Ranh Airport began. The project, worth over VND3.7 trillion ($162.8 million), is set to be carried out in three stages. The project aims to meet recent robust increases in foreign tourism through the airport as well as to prepare for the development of the facility by 2030. The first stage is planned to be completed in 2018, enabling the terminal to greet 2.5 million passengers annually. The number of passengers is expected to hit 4 million in the second phase and 8 million at the end of the third phase in…... [read more]

He reiterated the target of building a facilitating government which accompanies businesses and protects all legitimate rights and interests of investors, in accordance with principles of the World Trade Organization, bilateral agreements and the government’s commitments. The PM suggested focusing on the fields of global demand, such as agriculture, food, consumer products, and tourism instead of just concentrating on serving domestic companies as suppliers or subcontractors with low added value. PM Nguyen Xuan Phuc starts the forum. Photo: vneconomy.vn  It is necessary to expand international cooperation in trade, technological transfer, production and sales of products to the overseas markets, he recommended. The government pledges to create a transparent, safe and friendly business environment as well as create all favorable conditions for businesses, especially private and small- and medium-sized ones and startups to develop, he affirmed. He asked ministries and relevant departments to hold periodical dialogues with businesses to promptly remove their bottlenecks. The PM directed localities to prepare all necessary conditions such as land and particular policies to enable investors to do long-term business. He hoped private enterprises will embrace links and anticipate risks and difficulties to promote innovation and actively engage in international integration. The second Vietnam Private Sector Forum was organized by the Vietnam Young Entrepreneurs' Association and the Mekong Business Initiative. A survey launched before the forum opened indicates that 65 percent of businesses questioned expressed their hope for a government of action. The…... [read more]




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