Trade counselors – promoting Vietnamese products abroad


(VOVworld)- Export plays an increasingly important role in Vietnam’s economic growth due to Vietnam’s signing of a series of bilateral and multilateral free trade agreements. Trade counselors have been urged to boost exports and promote Vietnamese products abroad. In the last 2 years, Vietnam’s overseas trade offices have carried out 600 trade promotion activities and given more attention to promoting the export of Vietnamese products. Strengthening connectivity between enterprises and overseas Vietnamese trade offices Vietnamese trade offices in Europe, Japan, and the Republic of Korea have worked closely with agencies in host countries to promote Vietnamese products in local distribution networks. They have organized festivals and campaigns to promote Vietnamese goods on a regular basis. Tran Duc Viet, Deputy Director of the Garment 10 Company, says Vietnamese enterprises need to work more closely with overseas Vietnamese trade offices to gather information … [Read more...]

Seven Vietnamese in Forbes 30 under 30 Asia


VietNamNet Bridge - Forbes has released the FORBES 30 under 30 ASIA list, including under-30 talents in many areas in Asia, with 300 young people in 10 sectors chosen. They are seen as capable of creating breakthroughs and changing the face of their industries. For months Forbes correspondents from around the region looked for the 300 best and brightest millennials who are disrupting and changing the faces of their industries. To make it happen, Forbes assembled over a dozen reporters from China to Australia, India – and about as many countries in the region – to research and come up with thousands of nominations covering all industries. They then looked through and cut the list down to a few hundred names that were sent to a panel of 30 judges, who helped decide who made the final cut. The outcome was a group of 300 young and driven entrepreneurs and game-changers who are contributing to their industries in a significant way. These include a mix of brilliant … [Read more...]

Suspect arrested for killing 2 during break-in in central Vietnam


A young man was arrested for allegedly stabbing two people to death after breaking into their house in the central province of Quang Tri on Friday, police said. The suspect, 24-year-old Ho Chi Bao, also injured two others during his break-in at the house in Huong Hoa District, officers said later the same day. Bao was receiving treatment for a wound on his hand, allegedly inflicted during the crime, at Huong Hoa General Hospital at about 5:00 pm when he was arrested, Colonel Tran Duc Viet, head of the provincial investigation police agency, said. The suspect confessed to police that he attempted to break into the house to steal property, but was caught by Ho Thi Ty and her father-in-law, Nguyen Van Sat. Ty was wife of Nguyen Hoa, the house owner and who runs a local construction material firm, whereas Sat, 93, was the father of the business man. Upon being detected, Bao used a knife to stab both of them to death. A domestic worker of the house was also stabbed and is now … [Read more...]

Vietnam’s Flappy Bird in world’s top 50 popular brands in 2014: report


The Flappy Bird mobile game for smartphones, created by young Vietnamese app developer Nguyen Ha Dong last year, has been included in the list of the 50 most popular brands in the world in 2014, according to a recently released report by Infegy. The game running on many popular platforms, like Apple's iOS, Google's Android, and Microsoft's Windows Phone, ranked 39th with over 20 million online discussions about it, said Infegy, a provider of social media intelligence technology for marketing and research professionals. According to the Infegy report, which was released on February 25, the proportion of positive ratings for Flappy Bird was 56 percent and women accounted for 55 percent of those interested in the pixelated bird. This annual report is based on data collected through Infegy Atlas, an analysis system using the new generation of modern algorithms to study the brand and consumer information through articles on the Internet, the provider of social media intelligence … [Read more...]

The most prominent under-30 faces in Vietnam


VietNamNet Bridge - Forbes Vietnam has released its first-ever list of 30 of Vietnam's brightest stars under the age of 30 in different fields, including business, communications, entertainment and sports. The faces on Vietnam’s 30 under 30 list. Photo: Forbes Vietnam "30 Under 30" is a list of rising stars of the future generation in various fields that was issued by Forbes USA magazine for the first time four years ago. This is the first time Forbes Vietnam has published a 30 under 30 list. The candidates for the list were nominated by the public and then selected by the category judges of Forbes Vietnam. On the list, there are faces widely known in Vietnam, especially among young people, such as Nguyen Ha Dong (computer game design – Flappy Bird creator), comedian Tran Thanh, blogger Tran Duc Viet - JVevermind (social media) and chess master Le Quang Liem. There are some people who are unknown to the public, but they are highly respected in their fields for … [Read more...]

Forbes Vietnam releases maiden 30 under 30 list, including Flappy Bird creator


Forbes Vietnam unveiled Monday its maiden "30 Under 30" list, featuring 30 Vietnamese individuals who stand out in the industries they are part of, four years after Forbes U.S. introduced the list. Nguyen Ha Dong, the Hanoi-based app developer behind the addictive Flappy Bird mobile game; chess grandmaster Le Quang Liem; star comedian Huynh Tran Thanh; and hot vlogger Tran Duc Viet, aka JVevermind. There are also individuals that are not widely known to the public, but are renowned in their own industries thanks to their achievements, such as Thi Anh Dao, a digital marketer, and Luong Duy Hoai, who specializes in e-commerce. The "30 Under 30" is a list of rising stars, born from 1985 on, of the next generation of leadership in different industries, from business and startup to entertainment and sports, Forbes Vietnam, which debuted in June 2013, said in a press release. "They are full of the startup spirit, and are representatives of an active, confident generation that is … [Read more...]

Vietnam wants Lao to try murder suspect

Ho Van Nguyen, 24, a Vietnamese-Laotian, is suspected of killing five Vietnamese in a forest bordering the two countries in March

Vietnamese authorities are asking Laos to try a Vietnamese-Laotian for his involvement in the murder of five Vietnamese along the border in March, Dan Tri online newspaper reported. Ho Van Nguyen, 24, is accused of battering five people to death with two Vietnamese accomplices - Ho Van Cong, 37, and Ho Van Thanh, 39, the report quoted investigators with the central province of Quang Tri's police department as saying. While Quang Tri investigators have concluded their probe and will propose charges with prosecutors, they cannot extradite Nguyen from Laos for investigation and trial, they said. They have reported the case to the Ministry of Public Security, the Supreme People's Procuracy - Vietnam's highest prosecutorial office -- and the Ministry of Justice. The agencies will send letters to Lao agencies, asking them to question and try Nguyen. In a previous interview with Nguoi Lao Dong (Laborer) newspaper, Col. Tran Duc Viet, vice director of the Quang Tri police department, … [Read more...]

VN cop want Laos to allow extradition of criminal


A Vietnamese-Laotian man, Ho Van Nguyen, was arrested in Laos after involving in a murder in Vietnam, but due to a mutual judicial assistance agreement between the two countries, he is unlikely to be extradited to Vietnam for trial. Colonel Nguyen Trong Tieng, Commander of Border Guard in northern Quang Tri Province said they are seeking intervention from the Foreign Ministry and the Government to ask the Lao Government to allow extradition of Nguyen to Vietnam. Nguyen, 29, a resident in the Lao province of Savannakhet, was arrested on Thursday, April 4, by provincial police after their Vietnamese counterparts asked for their assistance in hunting the last culprit in the killing of five aloe wood hunters in a forest in Quang Tri on March 24. The forest was near the Vietnam-Lao border and Nguyen returned to Savannakhet after he and his two Vietnamese accomplices, Ho Van Cong and Ho Van Thanh, committed the crime. Cong and Thanh were arrested on Tuesday and pleaded guilty of … [Read more...]

Murderers of five aloe wood hunters arrested


Two of the three men who killed five aloe wood hunters in a forest in the central province of Quang Tri were arrested on April 3. Two murderers arrested by local border guard force and provincial police. (photo SGGP) The local border guard force and provincial police jointly caught Ho Van Cong, a local man, when he went to the Khe Mui stream in the district to fetch water. From Cong's statement, the joint force also raided a rock cave in Ta Rung Mountain in Huong Viet Commune of Huong Hoa District and arrested Ho Van Thanh while he was sleeping inside. Ho Van Cong and Ho Van Thanh initially said that in the middle of March they met each other in Huong Viet Commune and hatched a plan to kidnap members of a group of aloe wood hunters and kill all to cover any trace or clues. They asked a Laotian man to join in with the plan. On March 23, they attacked a group of aloe wood hunters in a forest in the central province of Quang Binh. They beat the hunters to obtain a ransom of VND15 … [Read more...]

Haiku Vietnam-Japan’s first prize given to spring collection

Tran Hong Thuc Trang(Right) The collection with six poems about the spring of Tran Hong Thuc Trang ( Ho Chi Minh City) has received the first prize in the Vietnam – Japan Haiku Poem Contest 2007 which lasted from June until September. Besides the haiku poems in Japanese, 14 prizes have been given to outstanding haiku poems in Vietnamese. However, with two second prize, none of haiku poems in Vietnamese won the first prize. Noticeably, this is the first time top winners tried with haiku style. “I knew about haiku a year ago which has only three sentences. With haiku, Vietnamese poetry lovers can have additional way to express themselves”, said Tran Duc Viet (Binh Dinh), winner in the haiku contest in Vietnamese. Thuc Trang who has only known haiku since June and surprised people when bringing home the first prize for Japanese language content. “I paid much attention to terminology about seasons. I live in the south so that the spring impresses me … [Read more...]

India imposes anti-dumping duties on Vietnam MDF products


India has released its report on anti-dumping investigation into Plain Medium Density Fibreboard (MDF) imported from Vietnam and Indonesia. The Vietnam Competition Authority (VCA) under the Ministry of Industry and Trade said on April 28 the Indian Directorate General of Anti-Dumping and Allied Duties (DGAD) concluded that prices of MDF exported to India were lower than normal, causing significant damage to the Indian industry. As the result, DGAD decided to impose dumping margins of 0-15% and damage margins of 10-40% on Vietnamese businesses who answered its questionnaires and dumping margins of 30-40% and damage margins of 35-45% on those who did not. DGAD will base on that conclusion to announce its final decision. Vietnamese businesses had the only chance to send their petitions to DGAD prior to May 2, 2016 before DGAD issues its final decision. … [Read more...]

Struggling to cope with changing climate


The wet season arrived late and ended early in the Mekong Delta this year, with total rainfall being well short of the average in recent times. Water flows along the key Mekong River were down dramatically, permitting greater saltwater intrusion than usual. Farming, production and people’s lives have been seriously affected, with hundreds of thousands of hectares of rice and fruit suffering damage. "The influx of salt water, which is predicted to extend up to 70 to 90 km inland, has had a major effect socially and economically in Mekong Delta provinces, sometimes to a serious degree," said Associate Professor Dr. Huynh Thi Lan Huong, Deputy Director General of the Vietnam Institute of Meteorology, Hydrology and Climate Change. Saving the Delta The recent drought and salt water intrusion has been assessed as the biggest natural disaster to strike Vietnam. With low rainfall, intrusion covers an area double that seen last year and is beyond the country’s ability to … [Read more...]

Industrial production up 7.3% in 4 months

From January to April, the processing and manufacturing industry posted a yearly rise of 9.6 per cent, while electricity distribution and production increased 12.1 per cent year-on-year. — Photo

HA NOI (Biz Hub) — The national index of industrial production (IIP) in the first four months of this year surged 7.3 per cent year-on-year, according to the General Statistics Office (GSO). GSO attributed the IIP's positive growth to the great efforts of domestic industrial enterprises in spurring consumption. In the first four months of 2016, the consumption index of local industry climbed 12.7 per cent, much higher than the 9.1 per cent seen in the first quarter of this year. However, the climb in industrial production was still lower than the 9.6 percent rise recorded in the same period last year, GSO noted. From January to April, the processing and manufacturing industry posted a yearly rise of 9.6 per cent, while electricity distribution and production increased 12.1 per cent year-on-year. Industrial products that posted high IIP growth in the reviewed period included televisions (up 47 per cent), automobiles (up 24 per cent), steel and iron (up 18.5 per cent), animal … [Read more...]

Production, trading recovery increases revenues in HCMC

A view of the meeting (Photo: SGGP)

Ho Chi Minh City’s budget revenue reached VND98.57 trillion (US$4.42 billion) in the first four months this year, a year on year increase of 4.5 percent, reported the Department of Finance at a meeting on April 28. Of these, domestic revenue hiked 16 percent, crude oil reduced 43 percent and export-import dropped 4 percent, it said. Businesses’ production and trading recovery has positively impacted the city’s budget revenue especially domestic source, the department added. According to reports by the city People’s Committee at the meeting, the total retailed revenue of goods and services reached VND231 trillion (US$10,365 million) in the first four months this year, up 11 percent over a year back. Consumer price index increased 0.68 percent. Industrial production was estimated to hike 6.2 percent with the most growth rate from beverage industry which up nearly 15 percent, clothing 11 percent, nonmetallic mineral products 18.3 percent, and electronic … [Read more...]

Some 20 Companies to Join Trade Promotion Delegation to Japan

As many as 20 companies will attend a trade delegation to visit Tokyo and Kobe cities in Japan from July 3-9, 2016. The event is organised by the Vietnam Trade Promotion Agency (Vietrade) in cooperation with the Asia - Pacific Market Department under the Ministry of Industry and Trade, the Embassy of Vietnam in Japan, and the ASEAN - Vietnam Centre (AJC). The programme aims to promote export business opportunities to Japan via trade promotion programmes, business matches and direct meetings between Vietnamese companies and Japanese importers, distributors, retailers and manufacturers in Vietnam; promote images and brand names of Vietnamese companies, and study consumer tastes and trends in Japan. The targets are companies engaged in industry, agriculture, food production, garment and textile, footwear, household products and consumer goods. They can directly export to Japan or supply Japanese companies in Vietnam. Companies interested in this programme please contact the Vietnam … [Read more...]

Auto importers petition Government to hold taxes steady

Auto importers thinks that Law on Special Consumption Tax that will be effective on July will cause negative impacts on their business. - Photo

Auto importers in Viet Nam petitioned Prime Minister Nguyen Xuan Phuc and relevant sectors to consider problems related to some revised articles and supplements in the Law on Special Consumption Tax, which will become effective on July 1. This is the second change of the tax calculation this year. The first was put into effect in January 1. The changes, which were made in such a short time, reportedly made it difficult for auto businesses to set up their future plans. The petitioners are official suppliers of giant automakers in the world, including Audi, Bentley and Lamborghini, BMW and Mini, Jaguar and Land Rover, Luxgen and Baic, Maserati, Renault, Rolls-Royce, Subaru and Volkswagen. In an urgent petition sent to the Prime Minister, the ministries of industry and trade and finance, and the National Assembly's Economic and Budget Committee, they said the application of the revised law would face problems because the new tax calculation was unclear. According to the current tax … [Read more...]

Vietnam struggles to cut red tape for businesses


An undated photo of Ho Chi Minh City's Department of Planning and Investment. Photo: Kha Hoa The Vietnamese government is facing a major hurdle in one of its most ambitious attempt to remove legal barriers to investment and business: time is running out while there are still a large number of regulations waiting to be reviewed for the cut. The deadline for half of the existing business requirements to be removed is July 1. Under the Law on Investment that took effect last year, only the central government can decide on which conditions businesses have to meet. That means more than 3,000 legal requirements put forth by ministries and provincial and municipal governments over the years must be reviewed and rid off. The central government will reintroduce rules that it deems necessary. At a government meeting early this week, Prime Minister Nguyen Xuan Phuc firmly rejected proposals for extending the deadline, as many ministries and agencies claimed they are unable to finish the task … [Read more...]