Vietnam Morning News For November 27

Vietnamese put gold, dollars in investment and business production
Governor of the State Bank (SBV) Le Minh Hung, answering queries from NA deputies late last week, said that a large amount of the public’s capital in gold and dollars have been put into production and investment.
— VietnamNet Bridge

Sony Electronics Vietnam to pay VND7 billion in tax arrears
Accordingly, during an unannounced survey to review the price of imported LCD TVs that Sony declared, the authorities found that in reality, the prices were $6.84-70 per piece higher.
— VietnamNet Bridge

Vietnam scours for investors for major state-owned brewer
Vietnam has embarked on the process of seeking potential investors for the country’s biggest brewer Saigon Beer Alcohol Beverage Corp., or Sabeco, where the government currently owns up to 90 percent of stake.
— VnExpress

Nielsen: Smartphone growth continues upwards
Growth in the number of smartphone users in Vietnam continues, with rural smartphone users reaching up to 68 per cent of mobile phone users, according to the latest Nielsen report released on November 24.
— Vietnam Economic Times

Taiwanese firms launch 19-mln-USD production area in Binh Duong
A ground-breaking ceremony for a 19-million-USD production area funded by investors from Taiwan (China) took place in the Bau Bang Industrial Park of southern Binh Duong province on November 24.
— VietnamPlus

US imports over $10b of VN’s textiles
In the first 10 months of this year, Viet Nam’s export value of textiles and garments in the country was US$21.43 billion, a year-on-year increase of nine per cent.
— Bizhub

Samsung rejects NGO report on worker mistreatment
IPEN organization of Sweden and the Hanoi-based Research Center for Gender, Family and Environment in Development (CGFED) interviewed 45 Samsung workers who said they were fatigued and dizzy.
— VietnamNet Bridge

Việt Nam’s fruit imports from South Korea surge
Korean exports of pears and apples to Việt Nam have soared in the past years, according to the Korea Agriculture Food Trade Association.
— Viet Nam News

Vietnamese agricultural products introduced in Ukraine
The Vietnamese delegation, led by Ambassador to Ukraine Nguyen Anh Tuan, brought to the event traditional farm produce such as rice, coffee, tea, cashew, peppercorn, which have been popular in the Ukrainian market.
— Vietnam Times

Transport sector speeds up for fourth industrial revolution
The fourth industrial revolution will have a profound impact on every country, industry and business, and the transport sector is no different.
— VietnamPlus

Concern over Vinawaco capital loss
The largest problem for the company is its losses and debts, which reached 138 billion VND (6.13 million USD), local media has reported.
— VietnamNet Bridge

Real estate in the last months of the year: Which projects are stirring up the market?
According to a report by Savills Vietnam, in the third quarter of 2017, the number of successful transactions involving the sale of apartments decreased by 17 per cent compared with the previous quarter, with some 5,660 apartments sold, even as selling prices also decreased in most segments.
— VietnamNet Bridge

Vietnam hatches plan for ‘smart’ tourism through cooperation
THE Vietnam Post and Telecommunications Group (VNPT) and the Vietnam National Administration of Tourism (VNAT) have agreed to promote so-called smart tourism in the country.
— The Nation

NA approves $1b for airport land clearance
The National Assembly (NA) on Friday approved a VND23 trillion (roughly US$1 billion) budget for land clearance at the Long Thanh International Airport.
— Bizhub

Vietnam: Hong Kong-based Hendale Capital invests in online travel agency Vntrip
Hendale Capital, a Hong Kong-based late-stage investment firm, has invested in Vietnamese online travel agency (OTA) Vntrip, it confirmed to DEALSTREETASIA.
— DealStreetAsia

IRC urged to promote Vietnam’s investment environment
Deputy Prime Minister Trinh Dinh Dung wants the senior leaders of Inoue Rubber Vietnam Co., Ltd (IRC) to serve as a bridge to promote the investment environment of Vietnam, and Vinh Phuc province in particular, to the international and Japanese market.
— Nhan Dan Online

Conference seeks ways for Italian products to enter Vietnam
Vietnamese consumption trend, potential customers and competitive capacity of Italian businesses were discussed at a conference held in Turin, the capital city of the Piedmont region in northwest Italy on November 24.
— VietnamPlus

Vietnam, Slovakia promote trade, investment cooperation
The Vietnamese Ministry of Industry and Trade (MoIT) and the Ministry of Economy of Slovakia should increase cooperative activities and delegation exchanges to enhance trade and investment collaboration between the two countries, said a senior official.
— VietnamPlus

Siemens signs MoU with HUST to foster next generation of digital talent
Siemens has signed an MoU with the Hanoi University of Science and Technology (HUST) to promote mutual cooperation in science and technology development towards Industry 4.0.
— Vietnam Economic Times

Colombia and Can Tho discuss cooperation in waterway tourism
The ambassador told Vice Chairman of the municipal People’s Committee Nguyen Thanh Dung that she was impressed by Cai Rang floating market in the city, at a meeting in Can Tho on November 22.
— Vietnam Times

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