Viet Nam News HÀ NỘI – Deputy Prime Minister Trương Hoà Bình received Mongolian Minister of Justice and Home Affairs Tsend Nyamdorj, who is on a working visit to Việt Nam, in Hà Nội yesterday. Noting recent strides in the two countries’ friendship, Deputy PM Bình said during the Mongolian official’s trip, the two sides will sign an agreement on the transfer of sentenced persons and negotiate another on extradition. He expressed his hope that both will finalise negotiations soon so as to sign the extradition deal in the near future. He also called for stronger co-operation in security, defence, and the defence industry, while encouraging the speeding up of talks on and the signing of an agreement on the protection and exchange of classified information. The host reiterated Việt Nam’s foreign policy of enhancing bilateral and multilateral relations, as well as reinforcing friendship with traditional … [Read more...] about Deputy PM calls for stronger Việt Nam-Mongolia ties across multiple fields
Việt Nam to open public procurement market
Việt Nam will open its public procurement market after the EVFTA comes into effect. - Photo congthuong.vn Viet Nam News HÀ NỘI – Việt Nam will open its public procurement market after the Việt Nam - EU free trade agreement (EVFTA) comes into effect. The agreement is expected to be signed at the end of this year and come into effect next year, when Việt Nam will open its public procurement market for the first time. The opening up of the public procurement market under EVFTA commitments is expected to make bidding more transparent and competitive, and offer a better quality of goods. Goods from the 28 EU member nations will complement Vietnamese goods. Meanwhile, investors will have to work more and more responsibility so that taxes are more effectively spent. The opening of the market will also provide opportunities for Vietnamese contractors to reach the EU’s large public procurement market, reported Thời báo Tài … [Read more...] about Việt Nam to open public procurement market
Bình Dương signs MoU on education and training with World Technopolis Association members
Representatives from EIU and South Korea’s Chung Nam National University signed an MoU at the 10th WTA University Presidents’ Forum held last week in Bình Dương. Photo courtesy of the organiserViet Nam News HCM CITY — A Memorandum of Understanding (MoU) on collaboration in education and training has been signed by Bình Dương-based Eastern International University (EIU), South Korea’s Chung Nam National University, and 19 universities in Việt Nam and the World Technopolis Association (WTA) community. The MoU was signed at the 10th WTA University Presidents’ Forum as part of the 2018 WTA Summit 2018. The MoU is expected to enhance collaboration in exchanging human resources, and researching and dealing with practical matters in education and training between the universities and WTA members. The signing ceremony was followed by discussions on development strategies in the southern province of Bình … [Read more...] about Bình Dương signs MoU on education and training with World Technopolis Association members
Vietnamese PM holds talks with Austrian Chancellor, reaffirming trade co-operation
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Viet Nam News VIENNA — Vietnamese Prime Minister Nguyễn Xuân Phúc had talks with Austrian Chancellor Sebastian Kurz in Vienna, Austria, yesterday as part of his official visit to the European country. Both leaders expressed delight at the development of bilateral relations since the two countries established diplomatic ties on December 1, 1972. Chancellor Kurz stressed the Vietnamese leader’s visit marks an important milestone in relations, while appreciating Việt Nam’s development and integration achievements, as well as its increasing role in the region and the world. He hoped for stronger development in the bilateral relationship in the future. The leaders exchanged views on measures to boost bilateral collaboration in all fields, ranging from politics, diplomacy, defence and security to economy, trade, investment, culture and tourism. They agreed to increase the exchange of delegations and effectively carry out bilateral co-operative … [Read more...] about Vietnamese PM holds talks with Austrian Chancellor, reaffirming trade co-operation
Dong Thap to acquire bridge project for Cai Nho River
Dong Thap to acquire bridge project for Cai Nho River By Trung Chanh The bridge across Cai Nho River in Cao Lanh District, Dong Thap Province. The provincial government requires an appraisal of the project’s value before it can be acquired - PHOTO: BAODONGTHAP.VN CAN THO – The Dong Thap government has established a working group to review a project to build a bridge across Cai Nho River in Cao Lanh District, aiming to acquire the project, said Tran Tri Quang, director of the Dong Thap Department of Transport. The working group, led by the municipal Department of Finance, includes representatives of the relevant departments and agencies. The project’s developer was Dong Thap Bridge and Road Toll Collection JSC, earlier known as Dong Thap Infrastructure BOT Co., Ltd, and its capital contributors were Chu Se Rubber Co., Ltd (61.35%), Gao Giong Tourism Service Co., Ltd (17.18%), Vietnam Rubber Group (VRG) (15.34%) and Rubber Real Estate Construction JSC (6.13%). … [Read more...] about Dong Thap to acquire bridge project for Cai Nho River
Market tumbles on low turnover
Market tumbles on low turnoverBy Phuong Thao HCMC – Investors rushed to sell shares in the banking and petroleum sectors today, October 15, erasing most of the gains made last Friday by the VN-Index of the Hochiminh Stock Exchange. Closing the session, the main index lost a hefty 18.44 points, or 1.9%, versus the previous session at 951.64. Trading value on the southern market dropped to a five-week low of VND3.4 trillion, down 26.7% against last Friday, while volume tumbled to a three-month low of 144.3 million shares. All bank stocks lost ground, with heavyweight VCB shedding 1.3% at VND59,100 and VPB dipping 2.3% at VND23,700. STB remained the most actively traded stock on the market, falling 0.8% at VND12,950. Among petroleum firms, GAS was the top laggard for sliding 4.1% at VND115,000. Meanwhile, PLX lost 2.3% at VND62,700 and PVD fell 2.5% at VND17,800. Some stocks in the VN30 basket bounced back slightly at the close but they failed to save the main index. ROS, a … [Read more...] about Market tumbles on low turnover
HCMC collects VND1 trillion for State budget per day
HCMC collects VND1 trillion for State budget per dayBy Le Anh A container vessel is seen at SPCT Port in HCMC’s Nha Be District - PHOTO: ANH QUAN HCMC – The HCMC government had collected over VND269 trillion (US11.5 billion) for the State budget in the year to September, or an average of VND1 trillion (US$43,000) per day, said the municipal Party Chief Nguyen Thien Nhan. Nhan said in his opening remarks at the 18th session of the Executive Board of the HCMC Party Committee today, October 15, that the city had maintained a high economic growth rate of 7.8% in the past nine months of the year. Despite strong economic growth, he proposed the city government find ways to mobilize all of its resources until the end of this year to achieve the full-year growth target of 8.3%. The city's Party secretary commented that the city is facing difficulties related to investment capital and land for build-transfer projects this year. The local government will issue a resolution … [Read more...] about HCMC collects VND1 trillion for State budget per day
North, South Korea agree to reconnect roads, rail amid U.S. concern over easing sanctions
North, South Korea agree to reconnect roads, rail amid U.S. concern over easing sanctionsThe Saigon Times Daily Head of the North Korean delegation, Ri Son Gwon shakes hands with South Korean counterpart Cho Myoung-gyon as they exchange documents after their meeting at the truce village of Panmunjom in the demilitarised zone separating the two Koreas, South Korea, January 9, 2018 – PHOTO: REUTERS SEOUL (REUTERS) - North and South Korea agreed on Monday to begin reconnecting rail and road links, another step in an improving relationship that has raised U.S. concern about the possible undermining of its bid to press the North to give up its nuclear program. The agreement on transport links came during talks in the border village of Panmunjom aimed at following up on the third summit this year between South Korea's President Moon Jae-in and North Korean leader Kim Jong Un, last month. "The South and North reached the agreement after sincerely discussing action plans to … [Read more...] about North, South Korea agree to reconnect roads, rail amid U.S. concern over easing sanctions
Biraghi gives Italy stoppage-time win in Poland
Biraghi gives Italy stoppage-time win in PolandThe Saigon Times Daily Italy's Cristiano Biraghi celebrates scoring their first goal with Nicolo Barella at Silesian Stadium, Chorzow, Poland October 14, 2018 – PHOTO: REUTERS CHORZOW (REUTERS) - Italy snatched a dramatic and deserved 1-0 win away to Poland in their Nations League match on Sunday thanks to a stoppage-time header from Cristiano Biraghi, his first international goal. Biraghi gave Italy their first win in the competition and also their first in a competitive match since Roberto Mancini took over as coach in May. It also meant that Poland, who have one point from three games after also losing at home to Portugal on Thursday, will finish bottom of Group Three in League A and will be relegated to the second-tier League B. It was a richly-deserved win for Italy who produced one of their best performances in the last few years and twice hit the crossbar in the first half. Italy have four points from three games … [Read more...] about Biraghi gives Italy stoppage-time win in Poland
Tien Giang scraps paper project due to pollution concerns
Tien Giang scraps paper project due to pollution concernsBy Trung Chanh The road to Long Giang Industrial Park, where the Dai Duong paper plant was expected to be built – PHOTO: TRUNG CHANH CAN THO – The Tien Giang government has revoked a US$220-million paper mill license from Taiwan’s Dai Duong Paper Production Co., Ltd, owing to the high pollution risk. Nguyen Thanh Liem, deputy head of the provincial Industrial Zones Management Board, told the Saigon Times that the province had withdrawn the investment certificate of the paper plant project, and the problem related to the land rent had also been solved. “Generally, everything has been completed,” Liem stressed. The Dai Duong paper plant could cause environmental pollution in the area and affect its economic development, Liem said in explaining the reason for the revocation. The Industrial Zones Management Board of Tien Giang Province on March 15, 2016 granted an investment certificate to Dai … [Read more...] about Tien Giang scraps paper project due to pollution concerns