Project aims to improve competitiveness of Vietnam’s exports

Visitors at the exhibition (Photo: VNA) Can Tho (VNA) – The museum of the Mekong Delta city of Can Tho and the Vietnam News Agency (VNA) on August 8 jointly held a photo exhibition to celebrate the 50th founding anniversary of the Association of Southeast Asian Nations (ASEAN). The exhibition, which will run until September 30, features 120 photos introducing the establishment and development of the association, along with the socio-economic achievements as well as national cultural identity of Vietnam in the ASEAN community. Via the lens of VNA reporters, important events throughout ASEAN’s five-decade development are highlighted, including the first ASEAN Environment Forum in Hanoi in September 1999, the opening of the Conference of ASEAN Ministers Responsible for Information in October 2000 in Hanoi and the 34th ASEAN Foreign Ministers’ Meeting in Hanoi in July 2001. Director of the Can Tho Department of Culture, Sports and Tourism Tran Viet Phuong said that the event is part of activities to celebrate the 50th anniversary of ASEAN and 72 years of the August Revolution (August 19), and the National Day (September 2). Also on August 8, Can Tho also launched another photo exhibition themed “Sen village – Uncle Ho’s Homeland” showcasing 120 photos on the place where President Ho Chi Minh was born and grew up, as well as the late leader’s visits to his homeland. Within the framework of the event, the Can Tho Museum also coordinated with the An Giang Museum to …... [read more]

Vietnam successfully fulfilled its role as rotational Chairman of the ASEAN Committee in Paris (ACP) from April to July, according to Vietnamese Ambassador to France Nguyen Ngoc Son. Vietnamese Ambassador to France Nguyen Ngoc Son The diplomat, who chaired the group of the ASEAN ambassadors to France over the last four months, told Vietnam News Agency that the Vietnamese Embassy in France was proactive in reinforcing ASEAN’s relations with France. The embassy stepped up the ACP’s links with France through meetings with local Government members, parliamentarians, scholars and businesses, including French Minister for Europe and Foreign Affairs Jean-Yves Le Drian, Chairman of the French Senate’s Committee on Foreign Relations, Defence and Armed Forces Jean Pierre Raffarin, Executive Chairman of the French Institute of International Relations Thierry de Montbrial and executives of the EDF electricity group and Airbus. The Vietnamese Embassy also chaired and participated in events like the ASEAN Family Day so as to boost mutual understanding and solidarity among the staff of the ASEAN countries’ embassies in Paris, Son said. He noted his embassy chaired the ACP amid France’s presidential and legislative elections, along with preparations for marking the 50th founding anniversary of ASEAN such as the anniversary celebration, a workshop on ASEAN’s economy and an ASEAN film week in Paris. With those positive outcomes, ASEAN diplomats lauded Vietnam’s chairmanship of the ACP, Ambassador Son added. He said the Vietnamese Embassy will continue coordinating with the next ACP Chairman, the Bruneian Embassy, as well as other ACP members to…... [read more]

Vietnamese Ambassador to France Nguyen Ngoc Son (Photo: VNA) Paris (VNA) – Vietnam successfully fulfilled its role as rotational Chairman of the ASEAN Committee in Paris (ACP) from April to July, according to Vietnamese Ambassador to France Nguyen Ngoc Son. The diplomat, who chaired the group of the ASEAN ambassadors to France over the last four months, told Vietnam News Agency that the Vietnamese Embassy in France was proactive in reinforcing ASEAN’s relations with France. The embassy stepped up the ACP’s links with France through meetings with local Government members, parliamentarians, scholars and businesses, including French Minister for Europe and Foreign Affairs Jean-Yves Le Drian, Chairman of the French Senate’s Committee on Foreign Relations, Defence and Armed Forces Jean Pierre Raffarin, Executive Chairman of the French Institute of International Relations Thierry de Montbrial and executives of the EDF electricity group and Airbus. The Vietnamese Embassy also chaired and participated in events like the ASEAN Family Day so as to boost mutual understanding and solidarity among the staff of the ASEAN countries’ embassies in Paris, Son said. He noted his embassy chaired the ACP amid France’s presidential and legislative elections, along with preparations for marking the 50th founding anniversary of ASEAN such as the anniversary celebration, a workshop on ASEAN’s economy and an ASEAN film week in Paris. With those positive outcomes, ASEAN diplomats lauded Vietnam’s chairmanship of the ACP, Ambassador Son added. He said the Vietnamese Embassy will continue coordinating with the…... [read more]

The Viet Nam Steel Association (VSA) is calling on the Government to maintain a series of quality and management controls in the steel industry since trade fraud in steel imports is still high. The Ministry of Industry and Trade (MoIT) had planned to eliminate administrative procedures in 17 fields this year, including the steel sector, in order to ease conditions for enterprises. In December 2015, the Government issued a circular (No 58) defining regulations on the management of domestically produced and imported steel quality. The circular also aimed to prevent steel exporters taking advantage of some zero tariff levels thereby affecting local producers. Instances of trade fraud included importing rolled steel containing 0.0008 per cent boron (Bo) element labelled as a metal that enjoys preferential zero per cent tax. The association said the management on imported steel quality under the circular has helped stabilise the domestic market. VSA also said Circular 58 contributed to tightening imports of steel products which Viet Nam could produce and loosening import restrictions on those which the country needs. Ho Nghia Dung, VSA’s chairman told the Vietnam News Agency that the Government should maintain Circular 58 to support the local steel sector. Dung said the country’s total steel imports last year reached 23 million tonnes, ranking it fifth in terms of Viet Nam’s import turnover. The big steel import amount and value have also had a negative effect on the import-export balance, Dung noted. In addition, construction steel is often imported from China as alloy…... [read more]

The Viet Nam Steel Association proposes to maintain Circular 58 to control quality of imported steels. — Photo vietstock.vn The Viet Nam Steel Association (VSA) is calling on the Government to maintain a series of quality and management controls in the steel industry since trade fraud in steel imports is still high. The Ministry of Industry and Trade (MoIT) had planned to eliminate administrative procedures in 17 fields this year, including the steel sector, in order to ease conditions for enterprises. In December 2015, the Government issued a circular (No 58) defining regulations on the management of domestically produced and imported steel quality. The circular also aimed to prevent steel exporters taking advantage of some zero tariff levels thereby affecting local producers. Instances of trade fraud included importing rolled steel containing 0.0008 per cent boron (Bo) element labelled as a metal that enjoys preferential zero per cent tax. The association said the management on imported steel quality under the circular has helped stabilise the domestic market. VSA also said Circular 58 contributed to tightening imports of steel products which Viet Nam could produce and loosening import restrictions on those which the country needs. Ho Nghia Dung, VSA’s chairman told the Vietnam News Agency that the Government should maintain Circular 58 to support the local steel sector. Dung said the country’s total steel imports last year reached 23 million tonnes, ranking it fifth in terms of Viet Nam’s import turnover. …... [read more]

A worker at the Hue Textile and Garment Joint Stock Company. – VNA/VNS Photo Foreign investment is needed to address the capital shortage in the production of textile and garment materials in Viet Nam. In fact, to meet the demand for clothes and ancillary materials for outsourcing enterprises by 2025, Viet Nam needs some US$22 billion invested in textile and dyeing, the Vietnam News Agency reported. Textile and garment is Viet Nam’s third largest export sector, with turnover reaching $28 billion last year. However, the country has not been proactive in obtaining raw material. As a result, to reach its export turnover, the textile and garment sector consumed 8.9 billion sq.m. of cloth, of which domestic factories were able to produce only 2.8 billion sq.m., while six billion sq.m. of cloth was imported, worth $17 billion. According to Nguyen Van Tuan, chairman of the Viet Nam Cotton and Spinning Association (VCOSA), apart from financial potential, foreign textile corporations also have a lot of experience in developing a synchronous production chain of textile, fiber, weaving, dyeing and design. This would be an opportunity for Vietnamese garment enterprises to access and learn technologies and strategies for long-term development, he told VNA. Pham Xuan Hong, chairman of the HCM City Association of Garment Textile Embroidery-Knitting (Agtek), said the country’s participation in free trade agreements (FTAs) had contributed to the development of both the commercial value and internal strength of the Vietnamese textile and garment industry. …... [read more]

The Việt Nam Steel Association (VSA) is calling on the Government to maintain a series of quality and management controls in the steel industry since trade fraud in steel imports is still high. The Việt Nam Steel Association proposes to maintain Circular 58 to control quality of imported steels. - Photo vietstock.vn The Ministry of Industry and Trade (MoIT) had planned to eliminate administrative procedures in 17 fields this year, including the steel sector, in order to ease conditions for enterprises. In December 2015, the Government issued a circular (No 58) defining regulations on the management of domestically produced and imported steel quality. The circular also aimed to prevent steel exporters taking advantage of some zero tariff levels thereby affecting local producers. Instances of trade fraud included importing rolled steel containing 0.0008 per cent boron (Bo) element labelled as a metal that enjoys preferential zero per cent tax.  The association said the management on imported steel quality under the circular has helped stabilise the domestic market. VSA also said Circular 58 contributed to tightening imports of steel products which Việt Nam could produce and loosening import restrictions on those which the country needs. Hồ Nghĩa Dũng, VSA’s chairman told the Vietnam News Agency that the Government should maintain Circular 58 to support the local steel sector. Dũng said the country’s total steel imports last year reached 23 million tonnes, ranking it fifth in terms of Viet Nam’s import turnover. The big steel import amount and value have…... [read more]

VietNamNet Bridge – In the southeast region, a curious phenomenon of foreign direct investment firms ‘recommending’ long-time employees to resign has cropped up. In return, these employees receive a hefty one-time payment. Workers assemble small-sized electric motors at the Japan-owned Mabuchi Motor Viet Nam at the Bien Hoa II Industrial Park in Dong Nai Province. — Photo: VNA/VNS  The companies don’t force the workers to resign but merely recommend it, and the workers consent, making the practice perfectly legal. However, workers might not be aware that by doing so, they relinquish many of their rights, and some are urging authorities to get involved. Nguyen Thi Sen, 51, from Bien Hoa City of Dong Nai Province, worked at Pouchen Viet Nam – a manufacturing factory of the Taiwan-based sportswear company – for nearly 18 years. At the end of last year, the company announced that workers with tenure of 15 years or longer may receive a lump sum equal to 12 months of salary if they quit. Sen is still four years from retirement age, and under the company’s policy, she would receive one-month salary as a bonus every year. However, thinking the one-time payment was a generous amount, Sen agreed to end her contract and social security, and received VND 140 million (US$6,160). “Now I regret my decision. Previously, my monthly salary plus bonus was VND 10 million ($440), so my annual income would total VND 150 million ($6,600), including the New Year bonus,” Sen told Vietnam News Agency. “The…... [read more]

ASEAN Energy JSC plans to build a 200ha-solar power plant, expected to cost US$1 billion, in the Mekong Delta province of Hau Giang. — Photo greenoption.in The ASEAN Energy Joint Stock Co has said it plans to construct a 200ha-solar power plant, expected to cost US$1 billion, in the Mekong Delta province of Hau Giang, Vietnam News Agency reports. The company is now surveying possible locations for the project in the three communes of Hoa An, Vinh Tuong and Vinh Vien, its director Ta Xuan Thang told provincial leaders during a working session held on Thursday. Thang said his company will start the plant’s construction immediately after receiving approval from the provincial authorities so that the plant can be put into operation in 2019. Vice chairman of Hau Giang People’s Committee Truong Canh Tuyen vowed to facilitate the construction development of the solar power plant, saying that optimal incentives in terms of land rental, cooperate income tax and vocational training will be also included. Till date, four investors have proposed to build solar power plants in the province with total investment capital of up to dozens of trillions of dong. However, none of the projects has been launched yet. — VNS ... [read more]

Local film to be introduced to Japanese audience in mid-AugustHoang Phong Overseas Vietnamese director Victor Vu talks to invited guests at a press conference on the upcoming screening of the movie “Toi thay hoa vang tren co xanh” in Japan - PHOTO: TTXVN The movie “Toi thay hoa vang tren co xanh” (Yellow Flowers on the Green Grass) by Vietnamese American director Victor Vu will be screened in Japan on August 19 to introduce Vietnam’s culture and people to the Japanese audience, the Vietnam News Agency reports. The film adapted from a novel of the same name by Vietnamese writer Nguyen Nhat Anh, a well-known author whose books are popular among young Vietnamese readers, depicts the childhood of poor kids in a small coastal village in the sunny and windy central region in the mid-1980s.  The award-winning movie, filmed in the central coast province of Phu Yen, tells a story about two young brothers – Thieu and Tuong who always share happy and sad stories in daily lives but unwittingly compete to win the heart of the same little girl. With the touching theme on the innocence of kids in the poor central village and stunning and peaceful country landscapes shot in the land of Phu Yen, the movie has quickly captured the attention of local and international audiences at the premiere in October 2015 and won many prestigious awards at home and abroad. The movie bagged the Golden Lotus award at the 19th Vietnam Film Festival and won the…... [read more]




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