Trump orders probe of China’s intellectual property practices

Cambodian Prime Minister Hun Sen (R) receives Chairman of the Vietnam Fatherland Front Central Committee Tran Thanh Man on August 14 (Photo: VNA) Phnom Penh (VNA) – Leaders of Cambodia hailed their country’s relations with Vietnam during separate meetings with Chairman of the Vietnam Fatherland Front (VFF) Central Committee Tran Thanh Man in Phnom Penh on August 14. President of the Cambodian Senate and Vice President of the Cambodian People’s Party (CPP) Sai Chhum said amid the 50th founding anniversary of the two countries’ diplomatic ties, Man’s official visit to Cambodia from August 13 to 17 is a great contribution to their good neighbourliness, traditional friendship, comprehensive cooperation and long-term sustainability. On behalf of the Cambodian people, he thanked Vietnam for helping his country to re-gain peace and justice in different stages of history during which the cooperation between the Solidarity Front for Development of Cambodian Motherland (SFDCM) and the VFF helped promote the two nations’ unity and mutual support. The connection and active cooperation between the Cambodian and Vietnamese governments and people have helped ensure peace and stability in their respective countries while building peace in the region and the world, he noted. Sai Chhum stressed that the Cambodian Senate and Government always support the completion of the two countries’ border demarcation and border marker planting, 84 percent of which has finished. The completion will leave precious heritages for generations of Vietnamese and Cambodian people. At another meeting, President of the National Assembly of…... [read more]

Trade between ASEAN and China rose from 8 billion USD in 1991 to 425 billion USD in 2016, up about 56 times within 15 years. (Photo: linkedin.com)   Beijing (VNA) – The Association of Southeast Asian Nations (ASEAN) and China should strengthen their links in trade, investment and finance, a professor from the People’s University of China (PUC) has said. Liu Ying, a professor of the PUC’s Chongyang Institute for Financial Studies, said the development of economic and trade ties between ASEAN and China will be significant to economic growth of each side in the years to come. To bring into full play their cooperation potential, Liu Ying called on ASEAN and China to intensify their connectivity in policies, infrastructure and transport as well as cyber connectivity, along with enhancing political trust. The professor highlighted the quick formation of cross-border economic cooperation areas between China and ASEAN’s neighbouring countries like Vietnam, Laos and Cambodia, saying such zones have helped with the process of industrialisation, urbanisation and informationalization in these countries. Liu Ying said both ASEAN and China should double efforts to improve their investment environment and propose more measures and policies to attract investors from the other side. At the same time, it is necessary for them to increase the flows of direct capital and boost infrastructure construction in the financial sector, Liu Ying said, urging China to provide more support for the ten-member group in the capital market and financial connectivity. …... [read more]

Vietnam’s sole oil refinery operator, Binh Son Refining (BSR), plans to sell 4 per cent of its shares in an initial public offering (IPO) on November 7 and another 49 per cent to strategic investors next year, its Chairman said on August 10. BSR, which runs the Dung Quat Oil Refinery in central Quang Ngai province, will offer shares at VND14,600 ($0.64) at its November IPO, Chairman Nguyen Hoai Giang said. It expects to raise VND1.9 trillion ($83.6 million) from the sale, which would value the entire company at around $2.1 billion. Details of its listing are yet to be made public. The IPO is part of Vietnam’s wider drive to equitize State-owned enterprises to boost performance. The tardy process has gained more momentum since the new government took office last year. BSR also plans to sell an additional 49 per cent stake to one or more strategic investors next year. Spain’s Repsol S.A. and the Vietnam National Petroleum Corp. (Petrolimex) are among those that have expressed interest in BSR’s strategic sale, Mr. Giang said. Interest from Petrolimex Petrolimex and BSR signed an agreement on August 10 whereby the former will prioritize buying Dung Quat’s oil products, liquid petroleum gas, and petrochemical products, and export refined products to Laos and Cambodia, the two companies announced in a joint statement. Of the 29 domestic companies licensed as wholesale distributors in Vietnam, Petrolimex has about half of the retail market share, followed by the PetroVietnam Oil Corp. (PV Oil) with 22 per…... [read more]

VietNamNet Bridge – Vietnamese coach Nguyen Huu Thang said that the Viet Nam national football team was determined to win the Southeast Asian (SEA) Games title this year. Viet Nam U22 team seen during a training session to prepare for the SEA Games.  Thang made the statement during a press conference on Group B matches at the Renaissance Hotel, Kuala Lumpur, yesterday. It is for the first time during the team’s campaign for the games that the coach has announced his team’s intention to go for the kill — the gold medal — at the men’s football event. “Viet Nam have trained for 10 days in South Korea to prepare for the tournament. Like any other team in the games, we have the belief and the determination to reach the highest podium. I hope that Viet Nam will bring its fans quality matches,” Thang said. Earlier, Thang said that Viet Nam were targeting to reach the final. Yesterday, Thang also announced the names of the 20 players who would take part in the SEA Games. The two goal keepers for the games are Bui Tien Dung of Thanh Hoa and Phi Minh Long of Ha Noi FC. In addition to them, Thang has convened six defenders, eight midfielders and four strikers, including Nguyen Cong Phuong of Hoang Anh Gia Lai, Ha Duc Chinh of Da Nang, Ho Tuan Tai of Song Lam Nghe An and Le Thanh Binh of Thanh Hoa. Viet Nam, a five-time silver medallist, have never won…... [read more]

The manager of the Thai men’s football team, Watanya Wongopasi said that Thailand are aiming for gold at the 29th Southeast Asian Games. (Photo: VNA) Kuala Lumpur (VNA) – The manager of the Thai men’s football team, Watanya Wongopasi said that Thailand are aiming for gold at the 29th Southeast Asian Games (SEA Games 29) although the team will face strong rivals, one of which is Vietnam. At a press conference in Kuala Lumpur on August 13, coaches and managers of participating men’s football teams at SEA Games 29 affirmed they were all confident of grabbing SEA Games medals, while praising their opponents. Hosts Malaysia are perhaps under most pressure, with expectations for a medal on home soil. Coach Ong Kim Swee said his team has made meticulous preparation for the tournament and his boys are focused on their goals. Vietnam’s U22 football team are also confident of reaching the final of the 29th Southeast Asian Games (SEA Games) in Kuala Lumpur, Malaysia from August 19-31. “We will make efforts to showcase thrilling matches for football fans”, Head coach Nguyen Huu Thang said at the conference. The men’s football competition will be contested by Malaysia, Myanmar, Singapore, Laos and Brunei in Group A. Meanwhile, Vietnam will face defending champions Thailand in Group B, alongside Indonesia, Cambodia, Timor Leste and the Philippines. On August 15, Vietnam will begin their campaign against Timor Leste.-VNA... [read more]

HCM City’s Department of Tourism has proposed the Government extend its visa exemption policy for international tourists from nine countries to 30 days from 15 days to promote tourism development to help reach the city’s target of 10-11 million international tourists in 2020. A group of foreign tourists walking on Nguyen Hue Pedestrian Street in HCM City’s District 1. The countries are Sweden, Denmark, Russia, South Korea, England, Germany, France, Italy and Spain. Accordingly, people from the above-mentioned countries would not have to apply for a visa if their stay in Viet Nam does not exceed 30 days, instead of the 15 days of the current policy. The department said the Government should extend the policy for people from these countries so that they may stay a longer time in a more convenient and less expensive way. Last year, about 5.2 million international tourists came to the city, an increase of 10 per cent compared to 2015. During the last two years, the number of tourists from the Britain, France, Germany, Italy and Spain increased by 14 per cent each year, thanks in part to the latest visa exemption policy. The department said the visa exemption policy should be for five years. Travel expert Huỳnh Văn Sơn said: "It will be hard for Viet Nam’s tourism growth to catch up with other countries in the region if the Government and relevant agencies do not seek solutions to improve standards and streamline procedures for visa requirements". Research by the World Tourism…... [read more]

Thousands of tourism businesses will take part in the International Travel Expo HCM City (ITE HCMC) 2017 from September 7 to 9 at the Saigon Exhibition & Convention Center (SECC). To be held for the 13th time, ITE HCMC 2017 provides an ideal marketing opportunity and excellent backdrop to enhance participants’ brand equity in the eyes of travel trade professionals and discerning end consumers. Hundreds of exhibitors and thousands of regional and local tourism stakeholders will benefit from this, the largest global tourism platform in the Mekong region, through the extensive networking opportunities, exclusive access to major stakeholders and key business insights into this growing industry it will offer. To meet the multi-faceted and cross-border business needs of global tourism businesses, ITE HCMC 2017 will again host a multitude of national pavilions set up by double the number of participating countries as last year, including Australia, Cambodia, Germany, India, Indonesia, Japan, South Korea, Malaysia, Maldives, Myanmar, the Philippines, Russia, Taiwan, Thailand, and Turkey. ITE HCMC 2017 expects an overall increase of 20 per cent in participation from last year. International and local airlines, hotels, resorts, tour companies and travel representatives from countries including Australia, Cambodia, Germany, India, Indonesia, Japan, South Korea, Malaysia, Maldives, Myanmar, Taiwan, Thailand, Turkey, the UAE and Việt Nam among others will add to the breadth of diversity. More cities and provinces in Việt Nam have also shown support and will participate in this year’s event, including…... [read more]

Thang made the statement during a press conference on Group B matches at the Renaissance Hotel, Kuala Lumpur, on August 13. It is for the first time during the team’s campaign for the games that the coach has announced his team’s intention to go for the kill — the gold medal — at the men’s football event. Vietnam U22 team seen during a training session to prepare for the SEA Games. Photo: vff.org.vn “Vietnam has trained for 10 days in the Republic of Korea to prepare for the tournament. Like any other teams in the games, we have the belief and the determination to reach the highest podium. I hope that Vietnam will bring its fans quality matches,” Thang said. Earlier, Thang said that Vietnam was targeting to reach the final. On August 13, Thang also announced the names of the 20 players who would take part in the SEA Games. Vietnam, a five-time silver medalist, have never won the coveted SEA Games football gold. They have been drawn in Group B, considered as the "group of death", along with Thailand, Indonesia, Cambodia, Timor Leste, and the Philippines. The team will meet Timor Leste on August 15, Cambodia on August 17, the Philippines on August 20, Indonesia on August 22, and Thailand two days later. The head coach of Timor Leste, Kim Shin-hwan, said the opening match with Vietnam would be difficult for his team, but it would try…... [read more]

Liu Ying, a professor of the PUC’s Chongyang Institute for Financial Studies, said the development of economic and trade ties between ASEAN and China will be significant to economic growth of each side in the years to come. Trade between ASEAN and China is significant to economic growth of both sides. Photo: linkedin.com  To bring into full play their cooperation potential, Liu Ying called on ASEAN and China to intensify their connectivity in policies, infrastructure and transport as well as cyber connectivity, along with enhancing political trust. The professor highlighted the quick formation of cross-border economic cooperation areas between China and ASEAN’s neighboring countries like Vietnam, Laos and Cambodia, saying such zones have helped with the process of industrialization, urbanization and informationalization in these countries. Liu Ying said both ASEAN and China should double efforts to improve their investment environment and propose more measures and policies to attract investors from the other side. At the same time, it is necessary for them to increase the flows of direct capital and boost infrastructure construction in the financial sector, Liu Ying said, urging China to provide more support for the ten-member group in the capital market and financial connectivity. In the context that the US Federal Reserve Bank raises its interest rates and tightens its monetary policies, and that President Donald Trump backs trade protectionism, enhancing financial collaboration between ASEAN and China will help prevent external risks and financial crises, and stabilize…... [read more]

NDO - A Nhan Dan Online selection of notable events that made headlines over the past week. National Assembly Standing Committee convenes 13th session The 13th session of the National Assembly Standing Committee (NASC) opened in Hanoi on August 10 and will run for seven days. NA Chairwoman Nguyen Thi Kim Ngan stated that during this session, the NA Standing Committee will give opinions in regards to controversial issues of the four draft laws. Deputies commented at the NA’s third session in regards to the revised laws on forest protection and development and fisheries. The Standing Committee also discussed public debt management, along with denunciations at the convention. The committee will scrutinize five bills scheduled to be submitted to the NA for consideration at the upcoming fourth session. First Vice President of the Cambodian Senate Nay Pena visits Vietnam Party General Secretary Nguyen Phu Trong (R) and Nay Pena, Chairman of the Cambodian People’s Party (CPP) Central Committee’s Inspection Commission and First Vice President of the Cambodian Senate (Source: VNA) First Vice-President of the Cambodian Senate, Ney Pena paid a visit to Vietnam from August 8 to 11. The visit was hailed as a significant event which marked 50 years of Vietnam-Cambodia diplomatic ties (June 24, 1967-2017), contributing to strengthening the friendly and neighbourly relations between the two countries. During his stay in Vietnam, First Vice-President Ney Pena was received by Party General Secretary Nguyen Phu Trong; Prime Minister Nguyen Xuan Phuc;…... [read more]




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