Prime Minister Nguyen Tan Dung has urged local authorities of southern Kien Giang province to accelerate a plan to turn Phu Quoc, the largest island of Vietnam, into a big tourism centre. At his working session with Kien Giang authorities on November 22, PM Dung said the master plan to develop the island by 2010 and towards 2020 is going at a slow pace after four years of implementation, and thus failing to tap its potential. He asked the Ministry of Construction to coordinate with Kien Giang province to hire foreign experts for the implementation of infrastructure plans. He urged relevant ministries to focus on constructing main roads, completing Phu Quoc International Airport and An Thoi seaport on schedule and opening more international air routes to the island. Regarding power supply, the PM said in the long run, the island will be connected with the power grid on the main land, but in the immediate future, the Vietnam Coal and Minerals Corporation should conduct a feasibility … [Read more...] about Developing Phu Quoc into tourism centre
Ramulu ex minister
Forum urges leather-footwear sector’s actions to grasp chances
This was the focus of the Supporting Industry Forum 2019, held in Ho Chi Minh City on December 13. Deputy Minister of Industry and Trade Do Thang Hai said leather-footwear is one of the key exporting industries of Vietnam. With an annual export growth rate of over 10 percent, the industry earned the country approximated 20 billion USD in 2018 and over 10 billion USD in the first half of 2019. The Vietnam Leather, Footwear and Handbag Association (Lefaso) forecast this year’s leather-footwear exports at some 21.5 billion USD, up 10 percent from 2018. Vietnamese footwear has been shipped to more than 100 countries, including 50 with imports worth over 1 million USD from Vietnam. The largest markets are the US, the EU, China, Japan and the Republic of Korea. Vietnam is the world’s second biggest footwear exporter, and this industry is now a great contributor to the national economy, Lefaso said, noting that many companies have expanded production, renovated technology and … [Read more...] about Forum urges leather-footwear sector’s actions to grasp chances
Vietnam regarded as strategic partner of Belarus in Southeast Asia
At the meeting between NA Chairwoman Nguyen Thi Kim Ngan and Belarusian Prime Minister Sergey Nikolayevich Rumas. National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan met with Belarusian Prime Minister Sergey Nikolayevich Rumas on December 13 as part of her ongoing official visit to the European country. During the meeting, the top Vietnamese legislator extended the best regards and invitation from Prime Minister Nguyen Xuan Phuc to the Belarusian PM to make an official visit to Vietnam in the near future. She told her host that Vietnam always places great importance to time-honoured friendship and all-around cooperation with Belarus. She thanked Belarusian people for their valuable support for Vietnam in the past national liberation and reunification, as well as the current construction and development. The two nations should further cooperate in such potential fields as farm produce processing, agricultural machines, and automobile assembly and production, assuring … [Read more...] about Vietnam regarded as strategic partner of Belarus in Southeast Asia
Police propose auctioning unclaimed seized vehicles
Police across the country stored nearly 137,000 unclaimed vehicles, including 722 cars, between 2013 and September 2019 (Photo: baogiaothong.vn) Hanoi (VNS/VNA) - Vehicles seized for traffic violations should be auctioned if the owners fail to come forward within 30 days instead of the current one year, the Ministry of Public Security said at a recent meeting organised by the National Assembly’s Legal Affairs Committee in Hanoi. The move would free up warehouse space and avoid waste, participants heard. Deputy Minister Nguyen Duy Ngoc said police across the country stored nearly 137,000 unclaimed vehicles, including 722 cars, between 2013 and September 2019. Due to the long time in storage, 37,000 vehicles were damaged, he said. Tien Phong (Vanguard) online newspaper quoted Ngoc as saying that 32 localities had to hire warehouses to store the seized vehicles because existing facilities could not meet the demand. He recommended allowing the private sector to … [Read more...] about Police propose auctioning unclaimed seized vehicles
Hanoi to host M&A Vietnam Forum 2015
Mergers and Acquisitions (M&A) Vietnam Forum 2015 organising board announced at a July 16 press conference that the event is scheduled to take place on August 6. This year’s forum is expected to attract hundreds of local and international speakers from the M&A field, as well as nearly 3,000 foreign and domestic business leaders. In his speech, Dr. Nguyen Anh Tuan, Editor in Chief of the Investment Newspaper, who is also the head of the organizing board highlighted M & A activities as an attractive investment channel have and an important tool supporting businesses and restructuring the economy in a healthy and effective manner, thus improving the competitiveness of the national economy and businesses. In a letter of congratulation sent to the forum, Minister of Planning and Investment Bui Quang Vinh said the event has been previously successful for six consecutive years, adding that this year’s forum will create a open dialogue for … [Read more...] about Hanoi to host M&A Vietnam Forum 2015