Economic highlights – May 9-15

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VGP - VN and the UAE eying US$10 billion in trade before 2020, Taiwan ranking 3rd among investors in VN, Mekong Delta localities improving the business environment, and garment, footwear exports reaching US$10.5 billion are economic highlights from May 9-15.

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Tilapia development scheme passed

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Tilapia development scheme passed

VGP – The Ministry of Agriculture and Rural Development has recently passed the Development Scheme on Tilapia Cultivation by 2020 with a vision towards 2030.

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PM meets with ASEAN leaders in Russia

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PM meets with ASEAN leaders in Russia

VGP – PM Nguyen Xuan Phuc separately met with his Cambodian counterpart Samdech Decho Hun Sen, Indonesian President Joko Widodo, and Myanmar’s President Htin Kyaw on May 19 in Sochi City on the sidelines of the ASEAN-Russia Commemorative Summit.

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Metfone becomes Cambodia’s most valuable telecom brand

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VGP - Metfone, which is a brand of Vietnamese telecomoperator Viettel Group became the most valuable telecom brand in Cambodia in 2016, according to the Brand Finance.

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VN-RoK MoU on labor reception hailed

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VN-RoK MoU on labor reception hailed

VGP – Deputy PM Vu Duc Dam hailed the signing of the Memorandum of Understanding (MoU) to resume the reception of Vietnamese laborers to work in the Republic of Korea (RoK) under the Employment Permit System (EPS).

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State President receives Brunei Prince

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State President receives Brunei Prince

VGP – State President Tran Dai Quang on May 18 hosted a reception for Brunei Prince Pengiran Muda Abdul Qawi, who led an international business delegation to seek investment opportunities in the central province of Thanh Hoa.

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Tourism contributes to 6.6% of GDP

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Tourism contributes to 6.6% of GDP

VGP - The direct contribution of tourism to Viet Nam’s GDP was nearly VND279.3 trillion, or 6.6% of GDP, ranking 40th among 184 nations in the world, according a report of the World Travel and Tourism Council in March 2016.

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PM Phuc arrives in Moscow, beginning first foreign tour

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PM Phuc arrives in Moscow, beginning first foreign tour

VGP – PM Nguyen Xuan Phuc and his entourage on May 16 (local time) arrived in Moscow, starting his official visit to Russia.

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PM to attend G7 Summit in Japan this month

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VGP – PM Nguyen Xuan Phuc will pay a working visit to Japan and attend the G7 Summit in Mie Prefecture, Japan from May 26-28.

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HCMC’s startup investment fund founded

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VGP – The HCMC Startup Investment Fund (HSIF) made the first debut yesterday with an initial capital of VND 30 billion (US$1.34 million).

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Vietnamese gastronomy week launched in Indonesia

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VGP – A Vietnamese gastronomy promotion week will be held from May 16-28 at World Ciputra hotel in Semarang, Indonesia.

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VN rejects UNHCR’s inaccurate information

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VGP – Viet Nam rejects an inaccurate, subjective, and unverified press briefing note from the Spokesman for the United Nations High Commissioner for Human Rights (UNHCR) and feels disappointed about the hasty response, said a Vietnamese senior official.

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PM meets with Russian Federation Council Chairperson

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PM meets with Russian Federation Council Chairperson

VGP – PM Nguyen Xuan Phuc on May 17 (local time) met with Russian Federation Council Valentina Matvienko during his official tour to Russia.

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VN, EEU promote cooperation in transport

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VN, EEU promote cooperation in transport

VGP – The Vietnamese Government is working together with the Governments in the Viet Nam-EEU Free Trade Agreement (FTA) to facilitate their businesses' strengthened cooperation.

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PM attends VN-Russia Business Forum

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PM attends VN-Russia Business Forum

VGP – PM Nguyen Xuan Phuc hailed the Viet Nam-Russia Business Forum as a crucial event and a proof of the two nations’ Comprehensive Strategic Partnership, not only in politics, diplomacy and national defense but also in economics, trade and investment.

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