Vinh Phuc seeks investment from S Korea The northern province of Vinh Phuc promoted its potential and called for investment at a conference held in Gyeonggi Province in South Korea on Friday. Speaking before an audience of South Korean businesspeople, Chairman of Vinh Phuc provincial People’s Committee Nguyen Van Tri highlighted the province’s convenient location in Viet Nam’s northern key economic zone and favourable natural conditions suitable for industry, tourism and hi-tech agriculture. He informed the South Korean business circle that the province has made efforts to streamline its administrative procedures, upgrade infrastructure, especially at industrial zones, and train the local labour force. The provincial leader reported that Vinh Phuc is now home to more than 300 foreign direct investment (FDI) projects, including many run by South Korean corporations such as Partron Vina, Haesung Vina, Bangjoo and Interflex. Several more South Korean … [Read more...] about BUSINESS NEWS IN BRIEF 1/8
Advanced open water requirements
MHI looks to power Vietnam’s future
Jun Shirota Please give a brief introduction of Mitsubishi Heavy Industries (MHI) from a global and regional perspective. How important is the Vietnamese market to MHI’s overall business goals? As a global leader in engineering and manufacturing, MHI Group has been at the forefront of delivering technologies that respond to the specific needs of organisations from various sectors. The group has a significant global footprint, with around 300 companies across several markets. The Asia Pacific region is MHI Group’s second-biggest market outside of Japan. And in this region, Vietnam is one of our key markets due to its large and very young population as well as its high GDP growth rate. Since our first foray into the Vietnamese market in 1994, MHI Group has established a large footprint in numerous industries in the country. In Vietnam, MHI Group has representative offices in both Hanoi and Ho Chi Minh City. Our subsidiary companies here in Vietnam include MHI Aerospace … [Read more...] about MHI looks to power Vietnam’s future
The Government’s regular meeting- May 2018
15:21 | 21/06/2018 For reference only: THE GOVERNMENT SOCIALIST REPUBLIC OF VIET NAMIndependence - Freedom - Happiness No. 74/NQ-CP Ha Noi, June 7, 2018 RESOLUTION THE GOVERNMENT’S REGULAR MEETING – MAY 2018 THE GOVERNMENT Pursuant to the Law on Organization of the Government dated June 19, 2015; Pursuant to the Government’s Decree No. 138/2016/ND-CP dated October 01, 2016 promulgating the working regulation of the Government; Based on the discussion of the Cabinet members and the conclusion of the Prime Minister at the Government’s regular meeting in May 2018, held on June 02, 2018 DECIDES 1. Regarding the socio-economic situation in May and the first 5 months of 2018, the implementation of Resolution No. 01/NQ-CP on major tasks and solutions guiding the implementation of the socio-economic development plan and State budget plan in 2018 The Government unanimously agrees that the socio-economic situation in May and the first 5 months of 2018 … [Read more...] about The Government’s regular meeting- May 2018
A cashless economy on the horizon
As Vietnam is going cashless, new payment services are popping up across the market to capture users Photo: Duc Thanh The era of digital payments Some 57 per cent of Vietnamese respondents in a survey carried out by Visa Inc. last year were confident to go cashless for three consecutive days. This percentage was the highest among regional nations, with only 42 per cent of Singaporeans and 37 per cent of Thais stating they were ready to go cashless for the same duration of time. Indeed, there is no need to carry cash around, since the digital payments industry in Vietnam has grown stronger than ever, evidenced by the arrival of foreign mobile payments services like Samsung Pay last September or Apple Pay and other mobile payment platforms that are about to debut here in the upcoming months. According to EY’s ASEAN Fintech Census 2018, in the Asia-Pacific region, social media platforms, e-commerce players, and on-demand service providers–like ride-hailing Grab with … [Read more...] about A cashless economy on the horizon
Social News 5/4 (Hourly Updated)
Twenty-seven more communes and wards this year join family medical practice A health staff member takes blood for testing at An Hòa ward health station in Cần Thơ City’s Ninh Kiều District. Source http://soytecantho.vn The Department of Health in the Mekong Delta city of Cần Thơ this year plans to expand a model of family medical practice clinics to 27 more communes and wards. Family medical practice clinics aim to provide comprehensive and continuous health care services to each local individual and family in order to reduce overcrowding of patients at city or central-level hospitals. These clinics are located at health stations in communes and wards. Each commune or ward has one health station. Cần Thơ aims to equip more than 80 per cent of its 85 health stations with these clinics by 2020. According to Dr Bùi Thị Lệ Phi, the department’s head, the city now has 18 commune-based health stations with family … [Read more...] about Social News 5/4 (Hourly Updated)