19:49 (GMT +7) - Monday 10/12/2018


October 31

Released at: 11:50, 31/10/2017 PRESS WATCH

October 31

VET's round-up of news from Vietnamese media for October 31.

Foreign arrivals at 1 million for seven months in succession

The number of foreign arrivals to Vietnam hit 1.02 million in October, representing month-on-month growth of 5 per cent. This was the seventh consecutive month Vietnam welcomed more than 1 million foreign visitors. The number in October represented year-on-year growth of 24.7 per cent, in which the number of visitors from Asia rose 29.4 per cent, Europe 8.3 per cent, the Americas 8 per cent, Oceania 20.7 per cent, and Africa 23.6 per cent.

MoT declines taxi associations plea to end Uber and Grab e-contracts

The Ministry of Transport has officially issued a document regarding petitions from the Hanoi Taxi Association and the Ho Chi Minh City Taxi Association’s on issues relating to piloting e-contracts. The ministry refused the Associations’ request to cease Uber and Grab piloting such contracts.

Vietnamese browser just behind Google Chrome

Coc Coc, or “Knock Knock” in English, a Vietnam-based search engine, has become one of the most popular browsers in the country, with around 23 million users as at August. Mr. Le Van Thanh, co-founder of Coc Coc, said the browser has made strong leaps forward domestically and is just behind Google Chrome and has surpassed other browsers such as Firefox. Data from internet-monitoring firm StatCounter shows Google Chrome leads with 58.7 per cent of users, followed by Coc Coc with 26.6 per cent and Firefox 7.5 per cent.

Ben Tre disaster and climate project making headway

The “Building Response Capacity, Recovery and Adaptation to Disaster Risks and Climate for Men and Women” (RADCC) project has helped 6,500 poor households in the Mekong Delta province of Ben Tre gain access to clean water in its five years of implementation. According to a statement from Oxfam Vietnam sent to The Saigon Times on October 27 when a conference on the implementation of RADCC was being held in Ben Tre province, the project has been carried out since 2013 in 15 communes in Binh Dai, Ba Tri and Thanh Phu districts. Waterborne diseases have fallen from 15 per cent to 5 per cent of the population.

Agribank & VAMC to resolve bad debts

The Vietnam Bank for Agriculture and Rural Development (Agribank) and the Vietnam Asset Management Company (VAMC) will work closely together to review bad debts and put forth proper measures to accelerate their settlement and recovery. A cooperation agreement was signed between the two late last week, under which they will cooperate in developing a roadmap for bad debt settlement for every year during the 2017-22 period.

Seafood exports on the rise

Seafood exports in October have been estimated at $733 million, bringing the figure for the first ten months of the year to $6.73 billion, up 17.6 per cent year-on-year. Leading markets include the US, Japan, China, and South Korea, with 55.3 per cent in total. Markets showing strong growth included China (65.8 per cent), the Netherlands (42.9 per cent), and the UK (29.7 per cent).

New General Director for PetroVietnam

The Vietnam Petroleum Group (Petrolimex, code PLX) has announced the appointment of Mr. Pham Duc Thang as General Director of PetroVietnam from November 1. Mr. Thang is currently the Deputy General Director of the Board of Directors and representative of State capital in Petrolimex.

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