03:20 (GMT +7) - Tuesday 23/10/2018

PRESS WATCH

January 3

Released at: 10:43, 03/01/2018 PRESS WATCH

January 3

VET's round-up of news from Vietnamese media for January 3.


Mobile World picks up 95% of Tran Anh

The World Mobile Investment JSC (HoSE: MWG) has recently approved the acquisition of 23.6 million shares of Tran Anh (HoSE: TAG), equivalent to 95 per cent of the company. The shares belonged to a Japanese shareholder, the Nojima Corporation, Mr. Tran Xuan Kien, Chairman and General Director of TAG, and Ms. Do Thi Thu Huong, Deputy General Director.


CT Group opens Bon Grocer Supermarket in HCMC

The CT Group has opened Bon Grocer Supermarket, distributing more than 20,000 domestic and imported goods from many countries. The supermarket is located in basement level B1 of the RomeA Trade Center in Ho Chi Minh City’s District 3 and is being run by Mr. NG Yook Wah, an international food specialist with more than 40 years of experience.


HCMC tackles cryptocurrencies

The Ho Chi Minh City branch of the State Bank of Vietnam and the city’s police force will join hands to prevent the use of cryptocurrencies for payments in the city. Any form of payment using digital currencies like Bitcoin, which are banned in Vietnam, will face severe sanctions. The city’s departments of industry and trade, tourism, and education and training are responsible for supervising service providers in their respective fields with regard to payments by virtual currency.


National Action Plan for Zero Hunger Challenge launched

Deputy Prime Minister Trinh Dinh Dung, Chairman of the National Action Plan for the Zero Hunger Challenge in Vietnam in the 2016-2025 period, has directed relevant ministries and agencies to complete and launch the National Action Plan for the Zero Hunger Challenge. The Zero Hunger Challenge was first launched by UN Secretary General Ban Ki-moon at the Rio+20 United Nations Conference on Sustainable Development in Brazil in June 2012. The global initiative aims to call on all countries to work together to put an end to hunger and poverty and move towards sustainable development.


Conditional business requirements to be simplified

The government will strive to reduce and simplify half of the existing conditional business requirements in 2018 in an effort to improve Vietnam’s business climate and boost growth. It is part of a string of measures outlined in a resolution signed by Prime Minister Nguyen Xuan Phuc on January 1. The government aims for growth of 6.7 per cent this year after the economy performed better than expected last year, growing 6.81 per cent.


Can Tho promoting foreign trade and investment

The Mekong Delta’s Can Tho city will focus on promoting investment and trade in key countries such as Japan, South Korea, and the US this year, attracting large-scale projects to the city, such as logistic centers, the Vietnam-Japan Industrial Park, and concentrated IT and high-tech agricultural areas. The city will also focus on promoting and calling for investment in the Vietnam-Korea Industrial Technology Incubator (KVIP).

Feddy opens clean pork distribution system

The Feddy JSC, a member of the GreenFeed Group, has launched a clean pork distribution system called WYN in District 6, Ho Chi Minh City. Mr. Pham Ngoc Toan, Director of Feddy, said its clean pork is supplied by its parent company, the Greenfeed Group, with farms and facilities in the Mekong Delta’s Long An and Vinh Long provinces and southern Dong Nai province. Each Feddy outlet will supply 500 kg of fresh meat each month under VietGAP standards and it will launch five more outlets in District 2, District 7, and District 10 this year, and by 2019 will expand its pork supply system to Hanoi, Da Nang, and Can Tho.

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