07:43 (GMT +7) - Sunday 23/09/2018


October 13

Released at: 12:00, 13/10/2017 PRESS WATCH

October 13

VET's round-up of news from Vietnamese media for October 13.

Sabeco sale plan to go to Deputy PM

A letter dated October 10 from the Steering Committee for Enterprise Renovation and Development stated that the plan to sell State capital in Sabeco will be submitted to Deputy Prime Minister Vuong Dinh Hue before October 20. According to the plan, the State will sell 53.59 per cent stake in Sabeco, worth about $4.2 billion.

Mekong Connect 2017 forum on way

The Business Studies and Assistance Center (BSA) and the Mekong Delta province of Ben Tre will organize the Mekong Connect 2017 forum to explore ways to boost connectivity between cites and provinces in the delta. To take place on October 26, the forum will be attended by around 100 foreign and 500 domestic firms and about 20 international organizations.

Mobiistar to target Gulf states

Mr. Ngo Nguyen Kha, CEO of Mobiistar Vietnam, said it is ready to sell phones outside of Vietnam. Mobiistar is targeting the United Arab Emirates and other countries in the Gulf region. Mr. Kha shared its plans when attending the Gitex exhibition - the largest technology exhibition in the Gulf and held annually in Dubai. This was the second time Mobiistar attended the event, after attending with its partner, MediaTek, last year.

New GM for Uber Vietnam

Uber has appointed a new General Manager in Vietnam, following the departure of Mr. Dang Viet Dung. Mr. Tom White will be temporary leader of Uber’s operations in Vietnam, including Hanoi, Danang and Ho Chi Minh City. Before coming to Vietnam, he served as General Manager of Western and Southern Australia from February 2016 to June 2017, setting up a strategy for the company in the region. He was given the power to decide on prices, expand and launch new products, participate directly in Uber’s policy negotiations with the government and other stakeholders. He became Demand Manager in January 2017 and was then named Uber Leader in Perth, the capital of Western Australia.

Bosch teams up with VINFAST

Bosch Vietnam, the German multinational engineering and electronics firm, will be a supplier of technology and services for VinGroup’s automobile and electrical motorbike project VINFAST. VinGroup and Bosch signed a memorandum of understanding in Hanoi on October 12 that noted the German group’s commitment to providing its Vietnamese partner with automotive parts and software and other software for design, virtual interaction, and customer development.

State Treasury sells government bonds

The Vietnam State Treasury has successfully mobilized VND2.1 trillion ($92.5 million) at government bond auctions on the Hanoi Stock Exchange (HNX). The bonds were offered in four tenures: five years valued at VND1 trillion ($44 million), and seven years, ten years, and 30 years valued at VND500 billion ($22 million) each.

Vietnam must fight illegal, unreported and unregulated fishing

The US National Oceanic and Atmospheric Administration (NOAA) has warned Vietnamese seafood processors, importers, and exporters to fight against illegal, unreported, and unregulated (IUU) fishing, following a new rule that takes effect next year. The warning was made during a seminar on the Seafood Import Monitoring Program (SIMP) held on October 11 in Hanoi by NOAA and the Vietnam Association of Seafood Exporters and Producers (VASEP).

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