The meeting was part of Prime Minister Rutte's working visit to Việt Nam, with the participation of CEOs from 70 leading enterprises from the Netherlands and Việt Nam. The Netherlands is currently the largest European investor in Việt Nam with total registered capital of more than US$9.5 billion, with well-known corporations such as Heineken, Unilever and Shell. Last year, bilateral turnover reached over $7.84 billion, accounting for 1.6 per cent of Việt Nam’s total import-export turnover and nearly 14.6 per cent of the total import-export turnover of Việt Nam with EU countries. Speaking at the meeting, Deputy Prime Minister Huệ said Việt Nam had set a rapid and sustainable growth target for the next five years. Huệ said Việt Nam would boost economic restructuring, while improving productivity and quality of economic growth, and scientific and technological development and innovation.

April 10, 2019 01:52 UTC

— VNA/VNS Photo Tá ChuyênHÀ NỘI — The governments of Việt Nam and Netherlands needed to continue removing barriers to help businesses boost trade co-operation, said Prime Minister of the Netherlands Mark Rutte at a meeting with Deputy Prime Minister Vương Đình Huệ in Hà Nội on Tuesday. The meeting was part of Prime Minister Rutte's working visit to Việt Nam, with the participation of CEOs from 70 leading enterprises from the Netherlands and Việt Nam. The Netherlands is currently the largest European investor in Việt Nam with total registered capital of more than US$9.5 billion, with well-known corporations such as Heineken, Unilever and Shell. Speaking at the meeting, Deputy Prime Minister Huệ said Việt Nam had set a rapid and sustainable growth target for the next five years. Huệ said Việt Nam would boost economic restructuring, while improving productivity and quality of economic growth, and scientific and technological development and innovation.

April 10, 2019 01:52 UTC

Đức Giang Chemicals and Detergent Powder Joint Stock Company (DGC) has set an after-tax profit target of VNĐ9.7 trillion ($421.74 million), 20 per cent lower than its 2018 figure. The Phước Hòa Rubber Joint Stock Company (PHR) has set a pre-tax profit target of VNĐ1.246 trillion, which a company spokesman admitted was modest since profit growth has always been around 30 per cent a year. FDI in Việt Nam decreased by 15.5 percent last year, signalling it would drop further in the coming years, he said. HRC, a subsidiary of the Việt Nam Rubber Group, has seen a relentless downswing in its business over the last seven years. For instance, Đồng Phú has 9,340ha, the Tân Biên Rubber Joint Stock Company has 6,175ha and the Bà Rịa Rubber Joint Stock Company has 8,507ha.

April 09, 2019 06:56 UTC

Late last week, S&P raised its long-term sovereign credit rating for Việt Nam to “BB” from “BB-”. “The stable outlook reflects out expectation that Việt Nam’s economy will continue to expand rapidly, exemplifying gradual improvements in its policy-making setting and underpinning credit metrics,” S&P wrote in a press release. Việt Nam’s broadly balanced external accounts, strong foreign direct investment inflow and a manageable external debt burden provided further supported to the rating, it said. According to S&P, strong FDI in manufacturing continued in 2018 despite a more challenging external environment, reflecting the resilience of Việt Nam's investment environment. Fitch Rating in May 2018 upgraded Việt Nam’s long-term foreign-currency issuer default rating to BB from BB- with a stable outlook.

April 09, 2019 06:56 UTC

S&P gave a stable outlook on Việt Nam, reflecting expectation that the economy would continue to expand rapidly. Late last week, S&P raised its long-term sovereign credit rating for Việt Nam to “BB” from “BB-”. “The stable outlook reflects out expectation that Việt Nam’s economy will continue to expand rapidly, exemplifying gradual improvements in its policy-making setting and underpinning credit metrics,” S&P wrote in a press release. In August 2018, credit rating agency Moody’s Investors Service has also upgraded Việt Nam’s long-term issuer and senior unsecured ratings to Ba3 from B1 and changed the outlook to stable from positive. Fitch Rating in May 2018 upgraded Việt Nam’s long-term foreign-currency issuer default rating to BB from BB- with a stable outlook.

April 09, 2019 02:16 UTC





Đức Giang Chemicals and Detergent Powder Joint Stock Company (DGC) has set an after-tax profit target of VNĐ9.7 trillion ($421.74 million), 20 per cent lower than its 2018 figure. According to Bảo Việt Securities Company (BVSC), the prices of DGC’s products might go down this year, hitting its profit margin. The Phước Hòa Rubber Joint Stock Company (PHR) has set a pre-tax profit target of VNĐ1.246 trillion, which a company spokesman admitted was modest since profit growth has always been around 30 per cent a year. Following HRC and PHR, many other rubber companies are also planning to develop industrial parks because they own large tracts of lands. For instance, Đồng Phú has 9,340ha, the Tân Biên Rubber Joint Stock Company has 6,175ha and the Bà Rịa Rubber Joint Stock Company has 8,507ha.

April 08, 2019 19:52 UTC

Hà Mạnh Tiến, chairman of the Việt Nam Association of Corporate Directors, told the 2019 Việt Nam Tourism Property Forum that the tourism industry had been growing at 30-40 per cent annually in recent years, among the fastest in the world. Việt Nam received 15.5 million international visitors last year and the number is expected to reach 18 million this year. He said the tourism property market had been exploding and attracting a flood of domestic and international investors. "The country needs to have 650,000-700,000 rooms by 2020, 950,000-1.05 million rooms by 2025 and 1.3-1.45 million rooms by 2030," he said. For instance, a tourism property project could become a complex and be associated with things like a casino, sports, events, and others, he added.

April 08, 2019 02:26 UTC

A panel discussion at the 2019 Việt Nam Tourism Property Forum held in HCM City on Saturday. — Photo courtesy of the organiserHCM CITY — The tourism property sector has great potential for growth thanks to the rapid growth in the tourism industry, a forum heard in HCM City last Saturday. Hà Mạnh Tiến, chairman of the Việt Nam Association of Corporate Directors, told the 2019 Việt Nam Tourism Property Forum that the tourism industry had been growing at 30-40 per cent annually in recent years, among the fastest in the world. "The country needs to have 650,000-700,000 rooms by 2020, 950,000-1.05 million rooms by 2025 and 1.3-1.45 million rooms by 2030," he said. Việt Nam has a lot of beautiful landscapes, but many tourists do not known about Việt Nam because the country has not promoted itself well, according to the CEO.

April 08, 2019 02:26 UTC

“Please challenge your target number of 10,000 steps per day,” said Dr Kidong Park WHO Representative in Việt Nam at the event. “Today marks a very meaningful beginning of two key activities of the Healthy Việt Nam Programme - know your numbers and challenge your target numbers. “I would like to call on all Vietnamese to actively support and participate in the Healthy Việt Nam Programme,” said Dr Park. At the event, Health Minister Nguyễn Thị Kim Tiến said Việt Nam faced many challenges taking care of people’s health. “77 per cent of Vietnamese people misunderstood about high blood pressure and its risks and more than 70 per cent people do not know how to early detect and prevent high blood pressure.

April 07, 2019 16:07 UTC

“Today marks a very meaningful beginning of two key activities of the Healthy Việt Nam Programme - know your numbers and challenge your target numbers. Park said that NCD screening activities would let people know their blood pressure, their blood glucose and their lung capacity. “I would like to call on all Vietnamese to actively support and participate in the Healthy Việt Nam Programme,” said Dr Park. At the event, Health Minister Nguyễn Thị Kim Tiến said Việt Nam faced many challenges taking care of people’s health. “77 per cent of Vietnamese people misunderstood about high blood pressure and its risks and more than 70 per cent people do not know how to early detect and prevent high blood pressure.

April 07, 2019 16:07 UTC

Updated board includes new features for industrial applications and wider market reachPHOENIX - Media OutReach - 3 April 2019 - Just one year after introducing its successful Ultra96 development board, Avnet (Nasdaq: AVT), a leading global technology solutions provider, has released the new Ultra96-V2 to power industrial-grade Artificial Intelligence (AI) and Internet of Things (IoT) applications. "The Ultra96-V2 board offers engineers and makers a very price competitive development platform for rapidly prototyping the next breakthroughs in AI, IoT, robotics and beyond," said Bryan Fletcher, technical marketing director, Avnet. Like its predecessor, the Ultra96-V2 is an Arm-based, Xilinx Zynq UltraScale+™ MPSoC development board built on the Linaro 96Boards Consumer Edition (CE) specification. The 96Boards are open source development platforms that can be used by system software developers for software applications, hardware devices and kernel programming for operating systems. Avnet also updated all components on the Ultra96-V2 to allow industrial temperature grade options so that the board can operate in harsh industrial applications.

April 03, 2019 02:26 UTC

High school students are the most likely among adolescents to be killed in traffic accidents due to their “unsafe behaviour on roads”, found researchers from the Vietnamese-German University. Students in high school (grades 10 through 12) were the most susceptible adolescents in Việt Nam, with nearly 33 road deaths per 100,000 adolescents. Traffic accidents cause losses of US$5-12 billion per year, while total damage from traffic accidents is expected to be $130 billion for 2015-2030. Hùng said the Law on Road Traffic should be amended and a national database on traffic accidents be created. Under the Việt Nam-Belgium research framework, and with the support of the National Traffic Safety Committee of Việt Nam and Việt Nam’s Traffic Safety Association, a Network of Excellence (NoE) on Traffic Safety for Việt Nam was launched last year.

April 03, 2019 01:52 UTC

An Giang – Border Guards in An Giang on Saturday announced the seizure of five tonnes of refined sugar that was being moved from Cambodia to Việt Nam. At about 10pm on Saturday, border guards patrolling waterways in Khánh An Commune, An Phú District, discovered a motorboat travelling from Cambodia to the Hậu River in Việt Nam. The border guards spotted people on the vessel carrying bags from the boat to a buildings belonging to a farmer named Trần Văn Xuyến in Thạnh Phú Village. On searching the store, the border guards saw that the bags did not have trademarks, and contained refined sugar. All rights reserved No part of this article may be reproduced in print, electronically, broadcast, rewritten or redistributed without written permission.

April 01, 2019 23:03 UTC

It is aimed at sharing experiences towards building sustainable green tourism. “In recent years, we have seen rapid development of the Vietnamese tourism industry, which has gradually been taking the role as a key economic sector of the country,” said Tùng. This year, VITM is focused on green tourism. Vũ Thế Bình, permanent vice president of the Việt Nam Tourism Association, organiser of the event, said green tourism will be approached from the angles of research and the practices of enterprises. “Being a foreigner and a tourist in Việt Nam, I acknowledge the development of the national tourism industry,” she said.

March 28, 2019 05:37 UTC

When students book with Student Life Care, they can choose either a single service or a paid package. These agencies also help students find housing if they need by working with overseas service providers or asking for help from their old students. Linh said the market for Student Life Care is not limited to Vietnamese students, but could be expanded to serve overseas students from other countries. Matching and sharingBy matching new and old overseas students, the service pays its student heroes and helps them earn a living. More importantly, it helps connect overseas Vietnamese students, old and new, together to make a big Vietnamese student community far from home.

March 28, 2019 00:56 UTC