Vietnam Morning News For May 18

Vietnam Morning News For May 18

Vietnam morning news

Tax, customs policies remain roadblocks to Vietnamese enterprises
While acknowledging the Government’s efforts in tax reforms, many enterprises say cumbersome tax and customs procedures are blunting the country’s advantage in low-price labour. Participants discussed this at a recent EuroCham workshop on changes in tax and customs regulations.
– VIETNAMNET Bridge

Citing growth, NA mulls oil output boost
The Economic Committee of the National Assembly said careful consideration must be given to increasing crude oil output to boost economic growth.
– Viet Nam News bizhub

Vietnam supports Russia’s investors in oil, gas sector
Vietnam will continue encouraging Russian oil and gas enterprises to expand investment in the country, said Deputy Prime Minister Trinh Dinh Dung.
– VietnamPlus/ VNA

Vietnam maintains ban on deep-water fishing in polluted area
Vietnam is maintaining the ban on deep-water fishing in four central provinces one year after a Taiwanese-owned steel plant discharged toxins into the sea and caused the country’s worst environmental disaster.
– ABC/ AP

Vietnam: Chinese visits to reach 4 million
Vietnam’s tourism industry projects the country will welcome 4 million Chinese tourists by the end of this year more than a third of the forecasted 11.5 million tourist arrivals for 2017
– TTR Weekly

Vietnam finishes third in Southeast Asia race for tourist dollars
Thailand is way ahead of the game, but Vietnam still welcomed record foreign arrivals and revenue in 2016.
– VnExpress

G-bond auction raises 5.2 trillion VND for State Treasury
The Hanoi Stock Exchange raised 5.2 trillion VND (more than 229.2 million USD) by selling Government bonds issued by the State Treasury of Vietnam at an auction on May 17.
– VietnamPlus/ VNA

Japan becomes largest importer of VN’s shrimps
Japan has become the largest market for Vietnamese shrimps, accounting for 21.9 per cent of the country’s shrimp export value in the first quarter of 2017.
– Viet Nam News bizhub

PM vows to create level playing field for firms
The Government has pledged to take stronger measures to create a level playing field for businesses and to improve the competitiveness of local enterprises.
– Viet Nam News bizhub

Vietnam among Asia’s growth leaders
According to the outlook, expansion of the ASEAN 5, consisting of Vietnam, Indonesia, Malaysia, the Philippines and Thailand will exceed 5 percent through 2022.
– VIETNAMNET Bridge

3,600 jobs on offer at Job Fair 2017
As many as 3,600 jobs were introduced at the Job Fair 2017 held on May 12 by Ho Chi Minh City International University under the Vietnam National University, Ho Chi Minh City.
– VietnamPlus/ VNA

Will Vietnam be able to catch up with the 4.0 industrial revolution?
Dang Viet Dung, managing director of Uber Vietnam, thinks Vietnam may not catch up with the revolution in the short term, while it remains a question in the medium term.
– VIETNAMNET Bridge

Hai Phong told to revise port fees
Deputy Prime Minister Vuong Dinh Hue has asked Hai Phong City to revise fees for using infrastructure, service facilities and public utilities at ports in the city.
– Viet Nam News bizhub

Deputy PM puts emphasis on expressway project
Specific policies and mechanisms are needed to draw investment and hasten the progress of the North-South Expressway.
– Viet Nam News bizhub

Tourism growth boosts development of resort property market
The impressive growth of Viet Nam’s tourism sector has given a boost to tourism and resort property market, according to experts.
– Viet Nam News bizhub

Tolling of 13 BOT road projects shortened by over 92 years
The Ministry of Transport has shortened the tolling duration of 13 build-operate-transfer (BOT) road projects by a combined 92 years and three months.
– VIETNAMNET Bridge

Vietinbank becomes settlement unit in derivatives market
The Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) has been made the exclusive financial institution to carry out settlements for derivatives trading transactions.
– Viet Nam News bizhub

Thai group buys more Vinamilk shares
F&N Dairy Investments PTE Ltd owned by Thai billionaire Charoen Sirivadhanabhakdi has registered to buy more than 14 million additional shares of Vietnam Dairy Products Joint Stock Company (Vinamilk) from May 16 to June 14.
– Vietnam Times

Banking system’s liquidity positive after months
Liquidity in the inter-bank market has showed positive signs after several months of being under pressure.
– Viet Nam News bizhub

Ho Chi Minh City schoolchildren to get free milk from this year
Ho Chi Minh City schoolchildren up to second grade will from this year be given a free carton of milk every day as part of a scheme to improve children’s health.
– Vietnam Times

 

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John Le Fevre

Thailand editor at AEC News Today

John is an Australian national with more than 40 years experience as a journalist, photographer, videographer, and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia, with stints in the Middle East, the USA, and England.

He has covered major world events including Operation Desert Shield/ Storm, the 1991 pillage in Zaire, the 1994 Rwanda genocide, the 1999 East Timor independence unrest, the 2004 Asian tsunami, and the 2009, 2010, and 2014 Bangkok political protests.

In 1995 he was a Walkley Award finalist, the highest awards in Australian journalism, for his coverage of the 1995 Zaire (now Democratic Republic of Congo) Ebola outbreak.

Prior to AEC News Today he was the deputy editor and Thailand and Greater Mekong Sub-region editor for The Establishment Post, predecessor of Asean Today.

In the mid-80s and early 90s he owned JLF Promotions, the largest above and below the line marketing and PR firm servicing the high-technology industry in Australia. It was sold in 1995.

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