In an interview with VIR’s Tuong Vi, Minister of Finance Dinh Tien Dung noted that the current situation has opened up numerous opportunities for foreign capital flows into Vietnam. The Ministry of Finance welcomes all foreign investors, including those from the US, as they join the Vietnamese financial market. The Vietnamese flag flies on Park Avenue in New York City, where the Vietnamese Ministry of Finance held the event named “My Vietnam - Your Investment Destination” last July The US visit by Vietnamese Party General Secretary Nguyen Phu Trong in July 2015 and US President Barack Obama’s visit to Vietnam in May 2016 display the two leaders’ commitment to foster bilateral co-operation. What do you think is Vietnam’s advantage over neighbouring countries in attracting capital from the US? Compared to regional peers, Vietnam has four significant advantages: first of all, Vietnam has a stable political system as well as on-going economic … [Read more...] about Finance Ministry rolls out red carpet to welcome US investors
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HCM City Mayor Receives British Prince Andrew
British Prince Andrew, the Duke of York and British Special Representative for International Trade and Investment, called on Mr. Le Thanh Hai, Chairman of the Ho Chi Minh City People's Committee at the City Hall on June 6. Mr. Hai briefed the city's socio-economic situation to the Duke of York, who is visiting Viet Nam in support of UK trade and investment on June 5-7. The Duke of York focused his questions on whether London-headquartered P&O Ports building a new container terminal in Ho Chi Minh City would be a good business. He said he would attend the groundbreaking ceremony for the container terminal on June 7. Mr. Hai's answer is 'yes', citing that sea transport has been developing well in Ho Chi Minh City. Mr. Hai said service, which includes sea transport, is occupying 50% of the city's economic structure, while industry 48% and agriculture 2%. Mr. Hai added that Ho Chi Minh City is the core of the Southern Key Economic Zone, which includes eight nearby provinces. The … [Read more...] about HCM City Mayor Receives British Prince Andrew
Int’l short films to be shown in Hanoi, HCMC
A fresh batch of international short films will be screened this month in both Hanoi and Ho Chi Minh City by Future Shorts ONE, the monthly global film festival. A diverse range of dramas, comedies and music videos from 15 countries - Australia, Austria, Cambodia, Finland, Georgia, Iceland, Indonesia, Philippines, Poland, Romania, Russia, Sweden, Turkey, UK and Vietnam - will be shown this month. … [Read more...] about Int’l short films to be shown in Hanoi, HCMC
HCMC hosts meeting with foreign journalists
No-nonsense and never hesitant, a Party leader of Ho Chi Minh City on Wednesday gave straightforward answers to foreign reporters' questions on Vietnam's social and economic situation. Some 20 questions were raised at the meeting between Nguyen Minh Triet, Secretary of Ho Chi Minh City Party Committee, and the foreign reporters, which was held as the country is preparing for the 30th anniversary of reunification day. The meeting was hosted at the Reunification Palace, where saw the fall of the US-backed Saigon regime on April 30, 1975, leading to the complete liberation of Southern Vietnam and reunification of the country. … [Read more...] about HCMC hosts meeting with foreign journalists
FCC drops Google ‘Street View’ investigation
US government telecom regulators have ended an investigation into Google's "Street View" online mapping service gathering data from private wireless hotspots. "We worked in good faith to answer the FCC's questions throughout the inquiry, and we're pleased that they have concluded that we complied with the law," Google spokesperson Niki Fenwick said in response to an AFP inquiry. The FCC began the investigation in late 2010 after Google announced that Street View cars taking photographs of cities in more than 30 countries had inadvertently gathered data sent over unsecured Wi-Fi systems. Information sucked up by passing Street View cars included passwords, emails, and other data that was being transmitted wirelessly over unprotected routers, according to the FCC. Google has since stopped the collection of Wi-Fi data, used to provide location-based services such as driving directions in Google Maps and other products, by Street View cars. Street View, which was launched in 2006, … [Read more...] about FCC drops Google ‘Street View’ investigation