16:22 (GMT +7) - Sunday 16/12/2018

PRESS WATCH

March 20

Released at: 14:44, 20/03/2018 PRESS WATCH

March 20

VET's round-up of news from Vietnamese media for March 20.

MoT & WB may hold PPP workshop

The Ministry of Transport (MoT) and the World Bank will likely jointly organize a workshop on public-private partnerships (PPPs) in April. At a meeting with Minister of Transport Nguyen Van The late last week to seek support, Mr. Ousmane Dione, the World Bank’s Country Director for Vietnam, said the event aims to share the experience of countries in the field. The minister supported the idea, saying MoT would cooperate in holding such an event.

South Korean architects to be design sub-contractor at Long Thanh airport

South Korea’s Heerim Architects & Planners Co., which won a design contest for a terminal at the Long Thanh International Airport with a lotus-inspired design, will be nominated to become the special sub-contractor building the basic design for the terminal. Airport Corporations of Vietnam (ACV) has reported to the Ministry of Transport about the selection of the consultancy firm for the basic design. Following the design contest, the organizing board awarded prizes to three designs, including the one from Heerim Architects & Planners, another by the Japan Airport Consultants - Adp Ingenierie Shigeru Ban Architects joint venture, which incorporates bamboo furniture, and one from the CPG Consultant - Azusa Sekkei-Pae joint venture, which features coconut leaves.


Mekong Delta survey: Revenue and profits up

The number of businesses in the Mekong Delta with higher revenues and profits increased in 2017, according to a survey released recently by the Can Tho city chapter of the Vietnam Chamber of Commerce and Industry. Some 38.9 per cent of respondents performed better, up 6.8 per cent against 2016, while those with stable operations accounted for 47.2 per cent. Nearly two-thirds (63.9 per cent) posted higher revenues, the highest figure in the last three years and up 20.5 per cent, while some 57.1 per cent recorded higher profits.

Development plan for mechanical engineering sets targets

Vietnam’s mechanical engineering industry will strive to apply cutting-edge technology, produce high-quality products of international standard, and further participate in global value chains by 2035, under a strategy for the industry’s development by 2025 and vision to 2035 approved by the Prime Minister.


2017 Provincial Competitiveness Index to be released shortly

The Provincial Competitiveness Index (PCI) received feedback from 10,245 private enterprises in 63 cities and provinces and 1,765 FDI projects from 47 countries and territories in 21 cities and provinces and the PCI 2017 will be released by the Vietnam Chamber of Commerce and Industry (VCCI) and the United States Agency for International Development (USAID) on March 22 in Hanoi. This is the 13th consecutive year VCCI has published the index. 

Tasks for Steering Committee for Business Renovation and Development announced

Deputy Prime Minister Vuong Dinh Hue, who is Head of the Steering Committee for Business Renovation and Development (SCBRD), has recently signed Decision No. 112/QD-BDMDN on a working program for the Steering Committee this year. It will consult the government and the Prime Minister to perfect mechanisms and the legal framework on the management and operation of State-owned enterprises (SOEs) and SOE arrangement, equitization, and capital withdrawal in line with Resolution No. 05-NQ/TW, dated November 1, 2016 on a number of guidelines and policies in order to continue to innovate the model of growth and enhance the quality of growth and labor productivity and the competitiveness of the economy.


HCMC to open pork trading floor

Ho Chi Minh City plans to form a pork trading floor that will have advanced technology and carefully control pork origin to ensure quality. The city’s Department of Industry and Trade is working on forming the trading floor, which will allow direct purchases, without intermediaries, from pig farmers. Large, growing pork markets such as China and Japan have not bought pork from Vietnam through large-scale imports but instead done so through small border trade, as international trade requires higher food safety standards. The city has begun a program to keep better track of pork origin to ensure higher-quality products.

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