Social News 22/1

Students stable after anaphylactic shock The 35 students who experienced anaphylactic shock after being vaccinated in a secondary school in southern Hau Giang Province are now in stable condition, according to the provincial Preventive Health Centre. On Monday, 35 students at Vinh Vien A Secondary School experienced difficulty breathing, headache, vomiting and fever after … [Read more...]

Private sector key to sustained growth

VietNamNet Bridge – Although the economy is predicted to do better, privatisation and SOE reforms will be crucial for Viet Nam's development in 2015, economist Nguyen Hong Nga tells Viet Nam News. Recent reports point out that the world economy is still on a slow recovery path that contains many risks. The development of the Viet Nam economy still heavily relies on … [Read more...]

Growth rate set at realistic target

VietNamNet Bridge – Nguyen Duc Kien, Vice Chairman of the National Assembly Committee for Economic Affairs, spoke to Kinh te Viet Nam & The gioi (Viet Nam & the World Economic Affairs) newspaper about growth goals. How would you assess the 2014 performance of the Government and line ministries in economic management? I would say that 2014 was the first time in … [Read more...]

Wage hikes in Hanoi signal recovery

Higher monthly wages at many companies in Hanoi, especially in the FDI sector, signal continuing economic recovery in the capital. The Hanoi Department of Labour, Invalids and Social Affairs, which surveyed some 570 enterprises, found highest monthly wage at FDI companies of VND60m (USD2,800), with the average wage in 2014 at VND4.4m a month, an increase by 1.0 percent on a … [Read more...]

Seminar highlights agricultural restructuring

(VOV) - Agricultural restructuring was the main theme of a seminar in Hanoi on January 17 co-organised by the Ministry of Development and Rural Development (MARD) and the Vietnam National University of Agriculture (VNUA). Delegates at the seminar confidently affirmed the agricultural sector has benefited tremendously from the past 30 years of the renovation process and Vietnam … [Read more...]

Encouraging Talent and Promoting Creativity

The level of economic growth and labour productivity of Vietnam has been slow in recent times. What to do and how to recommend the government to find a sustainable economic model for growth and improve labour productivity as well as national competitiveness are the main themes of the conference "Building market economy framework in the context of economic integration: the … [Read more...]

HCMC agricultural restructuring brings many successes

Ho Chi Minh City’s agricultural restructuring program has reduced income gap between urban and rural citizens, made the city a breeding and seedling production and supply center, and increase export turnover since it was approved in 2004. Orchid multiplication at the HCMC Hi-Tech Agricultural Research and Development Center (Photo: SGGP) At an online conference to … [Read more...]

Vietnam plans for transport restructuring by 2020

Vietnam aims to build 2,000 km of highways by 2020 under a transport restructuring project adopted by Prime Minister Nguyen Tan Dung. Land for urban traffic will comprise 16-26% with priority given to public transport, principally in Hanoi and Ho Chi Minh City while the transport of goods and passengers on road will comprise a market share of 54.4% and 93.22%. National Highway … [Read more...]

The nation plans for transport restructuring by 2020 

(VOV) - Vietnam aims to build 2,000 km of highways by 2020 under a transport restructuring project adopted by Prime Minister Nguyen Tan Dung. Land for urban traffic will comprise 16-26% with priority given to public transport, principally in Hanoi and Ho Chi Minh City while the transport of goods and passengers on road will comprise a market share of 54.4% and 93.22%. National … [Read more...]

Tighter Management over Inefficient Funds

Restructuring investment funds is one of the first successes contributing to Vietnam's stock market restructuring. Until 2004, Vietnam's stock market had no fund management company. But within two years from 2006 to 2007, the stock market developed, the system of business organisations, securities services has seen rapid growth in both the number and size of capital, business … [Read more...]

Agricultural sector urged to boost restructuring, new rural development

(VOVworld) – Deputy Prime Minister Hoang Trung Hai has asked the agricultural sector to boost renovation and develop production models. At a recent meeting to review achievements in 2014 and set out tasks for this year, the sector was urged to continue restructuring and improve productivity in combination with new rural development programs. Restructuring and new rural … [Read more...]

Vietnam’s private carrier Air Mekong loses license after 22-month hibernation

Private Vietnamese carrier Air Mekong has had its air transport license voided as it failed to present a workable plan to resume business after a hiatus of more than 20 months, the Ministry of Transport said earlier this week. The license Air Mekong obtained from the ministry on October 30, 2008 was dropped, the ministry said Tuesday in a directive that took effect the … [Read more...]

Agricultural restructure in association with new rural area construction

In the morning of January 7th, PPC Standing Vice Chairman, Mr. Le Van Truc chaired the meeting on carrying out the project of Agricultural Restructure under the direction of enhancing added value and sustainable development. Standing Vice Chairman of the PPC, Mr. Le Van Truc, addressing to supply concrete guidance at the meeting According to the Department of … [Read more...]

Schools restructure, teachers become redundant

VietNamNet Bridge – Many teachers have become redundant after general schools completed the restructuring process as requested by the Ministry of Education and Training (MOET). Seventy-six teachers at 20 secondary schools in Phu Vang District of Thua Thien – Hue province have become redundant after the restructuring. The same situation is seen in other districts … [Read more...]

MARD briefs NA on agricultural restructuring

(VOVworld)- The National Assembly Economic Commission held a meeting on agricultural restructuring and improving the quality and competitiveness of Vietnamese agricultural products in Hanoi on Wednesday. Minister of Agriculture and Rural Development addresses the meeting In his report, Minister of Agricultural and Rural Development Cao Duc Phat stressed agricultural … [Read more...]

Reduced state holding in Vietnam’s major ports allowed

VietNamNet Bridge – The prime minister just agreed to revise several contents in the restructuring plan of major state-own shipping giant Vinalines in the period 2012-2015, allowing the firm to reduce capital holding in some large seaports in the country. Saigon Port. Accordingly, Vinalines was approved to retain from 50 per cent to below 65 per cent of chartered … [Read more...]

Agricultural Restructuring Needs to Finish Soon

On June 10, 2013 the Prime Minister issued Decision 899/QD-TTg to approve the agricultural restructuring scheme towards added value increase and sustainable development. On June 18, 2013 the Minister of Agriculture and Rural Development promulgated the Action Programme to implement the Prime Minister’s Decision. After over one year of deployment, the picture of … [Read more...]

Top stock market highlights of 2014

VietNamNet Bridge – The domestic securities journalist club yesterday selected the top most remarkable events of this year. The events were chosen based on the public attention and media coverage they garnered. Their effects on the market as a whole were also considered. A year with upheavals The stock market was hit by a series of external factors. The typical issues … [Read more...]