Infrastructure Minister seeks industrial parks for Japanese investors By Thuy Dung Friday, Dec 13, 2019,13:25 (GMT+7) Minister seeks industrial parks for Japanese investorsBy Thuy Dung Vietnamese Minister of Planning and Investment Nguyen Chi Dung speaks at a high-level meeting of a joint committee, which evaluates the final results of the seventh phase of the Vietnam-Japan Joint Initiative, held in Hanoi on December 12 – PHOTO: DAU TU NEWSPAPER HANOI – Vietnamese Minister of Planning and Investment Nguyen Chi Dung has called on Japanese infrastructure developers to build industrial parks for Japanese investors in Vietnam in an effort to welcome a new wave of investment. Minister Dung was speaking at a high-level meeting of a joint committee to evaluate the final results of the seventh phase of the Vietnam-Japan Joint Initiative, held in Hanoi on December 12. Investment in industrial parks with adequate … [Read more...] about Minister seeks industrial parks for Japanese investors
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Former top cops stand trial in massive gambling case
The trial opened in the Phu Tho People’s Court in the northern province, 80 kilometers (50 miles) northwest of Hanoi. Phan Van Vinh, former director of the General Police Department under the Ministry of Public Security, and Nguyen Thanh Hoa, former director of the ministry’s Departmentfor High-Tech Crime Prevention, are charged with "abuse of power or position in performance of official duties." Vinh was arrested in April and Hoa a month earlier. They could be sentenced to 5-10 years in prison. The 90 other defendants are charged with six different crimes: gambling, organizing gambling, money laundering, and trading illegal receipts. The trial, guarded by more than 500 cops on the opening day, is expected to last for 20 days. Nguyen Thanh Hoa, former director of the ministry’s cyber crime division, arrives at the Phu Tho People's Court on Monday. Photo by VnExpress/Giang Huy Investigations found Vinh had helped Nguyen Thanh Hoa and Nguyen Van Duong, chairman of … [Read more...] about Former top cops stand trial in massive gambling case
Hanoi stocks up ahead of Tet holiday
Tran Thi Phuong Lan, Deputy Director of the Hanoi Department of Industry and Trade How does Hanoi prepare to ensure sufficient goods supply ahead of Tet? Goods totaling about VND31.2 trillion are being prepared to meet consumer demand ahead of Tet, 10 percent higher than the target. They include 191,400 tonnes of rice, 44,600 tonnes of pork, 14,800 tonnes of poultry meat, 12,306 tonnes of beef, 260 million eggs, 247,400 tonnes of vegetables and tubers, 12,800 tonnes of processed food, 11,364 tonnes of seafood, 3,500 tonnes of farm produce and forest products, 3,000 tonnes of confectionery, 200 million liters of alcohol, beer and soft drinks, 200,000 cubic meters of petroleum, garments, and electrical and electronics products. The Hanoi Department of Industry and Trade has instructed businesses to distribute goods for Tet through 25 trade centers, 141 supermarkets, 454 markets and thousands of convenience stores and other shops throughout the city. We also told businesses to … [Read more...] about Hanoi stocks up ahead of Tet holiday
Vietnamese beverage giant nourished by founder’s timeless vision
Tan Hiep Phat Beverage Group (THP) is celebrating its 25th anniversary this year. Its CEO and founder, Dr. Thanh, is thinking beyond their $3 billion revenue target in the next 10 years. The aim is to make it a business which remains sustainable for at least a century, if not centuries. Tran Qui Thanh, CEO and founder of Tan Hiep Phat. Isn’t it too early to consider a 100-year plan since Tan Hiep Phat is just 25 years old? When we talk about aspirations, we mean our desires for the future. 25 years ago, when my wife and I started out in the beverage industry, we wanted to grow the company to become the top in Vietnam, then in Asia. People thought that was my wishful thinking because at that time I had nothing ... no brand, no product, no manufacturing line, no corporate governance system. However, we have invested, worked hard and done everything to make that dream come true. We always try to be better than we were yesterday, with the attitude that nothing is impossible. Now … [Read more...] about Vietnamese beverage giant nourished by founder’s timeless vision
Vietnam’s central coastal region to collaborate on tourism development
The central coastal region continues to face challenges in tourism development even though the area is rich and diverse in natural and cultural resources. A corner of Hoi An, a popular tourism city in the central coastal region. — VNS Photo Xuan Dang In recent years, the number of tourists to the region has exploded but has accounted for only 12.4 per cent of the country's total tourism income. The central coastal region has a coastline of nearly 1,400 km with many islands, including the Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagos. In addition, there are ecotourism sites, including three national parks and 14 nature reserves. It also has four out of eight of the country's World Heritage sites, almost 300 cultural and historical relics and revolutionary relics, including 12 special national monuments. This area is also home to ethnic communities with diverse cultures. According to the Coordinating Committee for the central coastal region, tourist numbers have … [Read more...] about Vietnam’s central coastal region to collaborate on tourism development