12:36 (GMT +7) - Saturday 23/02/2019


January 22

Released at: 14:09, 22/01/2018 PRESS WATCH

January 22

VET's round-up of news from Vietnamese media for January 22.

Vietnam still second-largest shoe exporter

Vietnam was again ranked second among the world’s largest footwear exporters, with 1.02 billion pairs of shoes, or 7.4 per cent of global footwear supply, according to the latest figures from World Footwear Magazine for 2017. China led the way in exports, while a total of 23 billion pairs were exported worldwide.

MatchMove payments branching out

MatchMove, Asia’s leading disruptive mobile / digital payment company, has announced it will be focusing its efforts on digitizing payments in sectors such as gaming, tourism, retail, and e-commerce in Vietnam. People relying on cash and other traditional payment methods in these segments will benefit from fast, safe, and reliable app-based mobile payments. MatchMove’s digitized mobile payment solution also aligns with Vietnam’s no-cash policy, aimed at reducing cash-based transactions in favor of electronic payments around the country by 2020.

PwC & UEL team up

PwC Vietnam and the University of Economics and Law (UEL) in Ho Chi Minh City have signed a memorandum of understanding on launching a strategic partnership in career orientation and training, with the aim of improving the skills and abilities of UEL students. PwC will support UEL by assessing and monitoring the performance of students on their internship programs and will also provide the university with resources for lecturers and students. The two parties will collaborate on developing curricula focused on information technology (IT), IT risks, IT controls, IT auditing, information security, and data analytics, to support graduates in their transition from university to a professional working environment and to help them adapt to the challenges of the fast-changing digital age.

EVN subsidiaries to conduct IPOs this year

Three power generation corporations under Electricity of Vietnam (EVN) will conduct initial public offerings (IPOs) this year to raise capital for power plant projects. The EVN Power Generation Corporation 3 (EVNGENCO 3), with total assets of VND111 trillion ($4.9 million), will conduct its IPO prior to February 9, followed by the Power Generation Corporation 1 (EVNGENCO 1) and the Power Generation Corporation 2 (EVNGENCO 2).

NutiFood to export dairy product to US

Vietnamese company NutiFood has struck a deal with US company Delori Foods to export one of its dairy products to the US market. In the first phase, Delori will distribute NutiFood’s Pedia Plus, a product for children with anorexia, at some 300 supermarkets in California.

Construction of Ninh Thuan wind farm underway

The construction of the second phase of the Dam Nai wind farm, a joint venture project between Vietnam’s TSV and Singapore’s Blue Circle Group, has gotten underway in the south-central province of Ninh Thuan. The farm covers 9.6 ha, straddling the two communes of Tan Hai and Phuong Hai in Ninh Hai district and Bac Phong commune in Thuan Bac district, and will cost $75 million.

Animal feed plant opens in Hai Duong

An animal feed plant has been opened at the Dai An Industrial Zone in northern Hai Duong province by HAID Hai Duong and the HAID Feed Co. Ltd. The $15 million plant, the first invested by Singapore’s HAID Group in northern Vietnam, spans an area of 3.5 ha and specializes in the production and trading of animal feed and is equipped with world leading technology lines. Output is 500,000 tons a year.

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