News in brief: January 17, 2018

The National Fund for Vietnamese Children stated, on January 16, that it raised over VND79 billion (US$3.48 million) to support more than 106,400 disadvantaged children through healthcare and education projects in 2017.

The jury council of the second National Press Awards on Party building met on January 16 to select the best entries from the 89 entries in the final round to be presented awards at a ceremony scheduled for February 3, 2018.

Vietnamese Ambassador to Ukraine Nguyen Anh Tuan and Youth and Sports Minister of Ukraine Ihor Zhdanov signed an agreement on sports cooperation in Kiev on January 16, aiming to bolster the comprehensive cooperation between the two countries.

News in brief: January 16, 2018

PetroVietnam Power Corporation has announced its initial public offering plan at the end of January. Accordingly, the State will hold 51% of the corporation’s charter capital, while the shares for public auction will account for 20% and 28.882% and will be sold to strategic investors.

In 2018, Binh Duong targets to attract FDI worth over US$1.4 billion, with a focus on high technology, high added value, less labour-intensive, and environmentally friendly sectors. Last year, the southern province witnessed prosperous FDI investment, reaching over US$2.5 billion.

Four Paws, an international animal welfare organisation, joined local partners to receive a 100 kg female bear that was in captivity for over 12 years in Ho Chi Minh City. The bear was voluntarily handed over yesterday by her owner to Four Paws and will be transferred to its bear sanctuary in Ninh Binh.

By the end of 2017, Viettel Post, the first mobile customer support system in Vietnam, reached a total turnover of US$226 million or 112.3% of its yearly target, expanding with over 1,000 post-offices and 5,000 agencies.

The Mekong Delta province of Kien Giang is calling for US$851.5 million for investment in 68 projects in this year, focusing on tourism, environment, agro-forestry and fishery raising and industry.

News in brief: January 15, 2018

VietinBank’s pre-tax profits in 2017 were estimated at VND9.2 trillion (US$404.8 million), meeting 105% of the annual plan, released at a conference reviewing the bank’s 2017 performance in Hanoi on January 15.

National carrier Vietnam Airlines plans to launch the first direct route between Vietnam and the US this year, with the destination being either San Francisco or Los Angeles in California.

The central province of Binh Thuan will strive to grow 9,800 hectares of dragon fruits up to the Vietnamese Good Agricultural Practice (VietGAP) standards in 2018, as heard a local conference hosted by the provincial Department of Agriculture and Rural Development on January 15.

More than 30,000 local students participated in the Spring Volunteer Campaign, the 10th of its kind, which has been officially launched in Ho Chi Minh City. This year’s event comprises of six main programmes and will last until February 11.

A ceremony has been held in Ly Hoc commune, Vinh Bao district, Hai Phong city to celebrate the 432nd death anniversary of the cultural celebrity Nguyen Binh Khiem (1491-1585), who was known as Trang Trinh, a notable example in the traditional fondness for learning.

News in brief: January 13, 2018

Doan Thanh Tung, Director of the Vietnam’s Lighthouse Social Enterprise, will represent Vietnam to join 15 young leaders at the Australia-ASEAN Emerging Leaders Programme 2018, which will take place in Australia for three months from early March.

The leather and footwear sector targets US$20 billion in export revenue in 2018, up 10% from 2017. The sector is also expected to grow 5% from last year, with the localisation rate reaching 55%.

Popular Vietnamese singers at home and abroad will join a live concert in Da Nang city on January 19, aiming to raise US$22,000 for five underprivileged children with cancer in the city.

News in brief: January 12, 2018

The Saigon Innovation Hub (SiHub) officially launched a startup exchange programme between Vietnam and other technologically advanced countries on January 11. Accordingly, SiHub will partner with countries’ startup organisations and ecosystems to select foreign startups for market research and trade exchange in Vietnam, and bring Vietnamese startups to the world.

VietinBank has cut its interest rates by 0.5% percentage point for short, medium and long term loans in Vietnamese dong to firms operating in agriculture-rural development, export production and business, small and medium-sized enterprises, the support industry and hi-tech production, starting from January 11.

Imported chemicals will be declared via the national one-stop-shop portal from January 11, 2018, following the launch of the service by the Departments of Chemicals, and E-commerce and Digital Economy under the Ministry of Industry in Hanoi, on January 11.

A total of 27 wild animals, including nine monkeys, 12 turtles, pythons, civets and iguanas, among others, were released into their natural habitat by the Wildlife Rescue and Protection Centre at the Chu Mom Ray National Park in the Central Highlands province of Kon Tum on January 11.