Vietnam breaking n

Update news Vietnam breaking n

VN Government pledges VND100 trillion credit for hi-tech agriculture

 The Government has plans to offer a credit package amounting to VND100 trillion for enterprises committed to hi-tech agriculture projects, heard at a conference on the agricultural sector last week.

Long An and Hai Phong FCs strictly punished for misconduct in V-League

 Long An FC were fined VND100 million (US$4,400) for their bizarre protest after conceding a soft penalty in the V-League Round 6 clash against hosts Ho Chi Minh City at Thong Nhat Stadium last weekend.

Nghi Son Refinery may not be eligible for preferential selling price

 PetroVietnam may not have to purchase the products of Nghi Son Refinery and Petrochemical Complex (NSRP) at the preferential price earlier agreed upon.

Series of Vietnamese exporters fall prey to Canadian scammer company

 The Vietnamese Association of Seafood Exporters and Producers (VASEP) claimed several Vietnamese seafood exporters have been cheated out of hundreds of thousands of dollars in their transactions with Echopack Inc. based in Quebec, Canada.

Agriculture sector expects further investments with slashed policies

 Local and foreign investors are welcoming the government’s landmark move to eliminate agricultural policy-related obstacles in a bid to attract more investment in the agricultural sector.

Vietnam’ economy shows resilience amidst global headwinds: economist

 The Vietnamese economy has shown resilience in the face of global headwinds, an Australian economist wrote in a recent article.

Vietnamese midfielder Xuan Truong to play for South Korea's Gangwon FC

 Vietnamese midfielder Luong Xuan Truong has ended his contract with South Korean Incheon United FC to join Gangwon FC, who will play in the K-League Classic next season.

VN suspends import of US dried grains, peanuts from Sudan, Hong Kong

 Vietnam will suspend the import of Distiller’s dried grains with soluble (DDGS) from the US and peanut (Arachis hypogaea) from Sudan and Hong Kong (China) due to the products’ contamination with insects subject to Vietnam’s plant quarantine. 

Sales of Vietnamese goods, agricultural products affected by rumors

VietNamNet Bridge - False, unproven information posted on social networking sites have unwittingly affected farmers and producers.

Guangxi wants to boost ties with Vietnam through education

The Guangxi Government wishes to intensify cooperation with Vietnamese ministries and localities through education in order to nurture the China-Vietnam comprehensive strategic cooperative partnership.

Japanese beverage corporation produces beer dedicated to Vietnamese

 VietNamNet Bridge - Later this month, Sapporo Holdings will introduce its cheap beer product in Vietnam in an effort to find ways to grow in the promising market, reported Nikkei.

VN central bank applies daily reference exchange rates

The State Bank of Vietnam on January 4 launched the daily average inter-bank exchange rate between the Vietnam dong and the U.S. dollar and reference exchange rates between the dong and some other foreign currencies.

Vietnamese juniors pocket medals at int’l science Olympiad

 All six Vietnamese students attending the 12th International Junior Science Olympiad (IJSO) held in the Republic of Korea brought home medals, according to the Hanoi municipal Department of Education and Training.

Corruption fight on the right track: Chief Gov't Inspector

 More than 123,000 inspections on corruption have been conducted in 2015, with about VND212trillion (US$9.57 billion) seized by investigators.

Taiwan urged to end violations of Vietnam’s sovereignty

 Vietnam requests that Taiwan (China) immediately end its actions that violate Vietnam’s sovereignty and not to repeat such violations, said Vietnamese Foreign Ministry Spokesperson Le Hai Binh on December 13.

Vietnamese consumers favor natural over artificial food

While more and more food safety and hygiene violation cases have been uncovered recently, sharing fresh food is not only popular among friends and colleagues but has also become a big campaign in residential quarters.

Vinamilk attracts suitors

 DC Developing Markets Strategies and Norges Bank Investment Management, both under the management of Dragon Capital, have announced they will buy additional shares in Vinamilk.

Disparaging provincial chair on facebook, two fined and disciplined

 VietNamNet Bridge – A high-school teacher and a staff of a state-owned power company in the southern province of An Giang have to pay VND5 million ($250) fine each for commenting on the provincial Chairman “having his nose in the air” on facebook.