The Business Times: PM okays Long Thanh Airport master plan

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• PM okays Long Thanh Airport master plan
• Agricultural commitment made with Japan
• City banks asked to step up support for businesses
• Hydro-power Plant ignores irrigation
• Tourism bodies want to keep visa waiver
• Vietnamese boycotting Coca-Cola on the suspicion about transfer pricing
• Mineral mining transparency urged
• Vietnam’s seafood quality appreciated: VASEP
• Song Thu hands over specialized ship to Vietsopetro
• Brazil-Vietnam trade to hit $2 billion in 2013

PM okays Long Thanh Airport master plan Posted: 05 May 2013 11:31 PM PDT The plan, submitted by the Ministry of Construction, was made by the Japan Airport Consultancy Company (JAC) in December 2010. It envisages that the 5,000-ha Long Thanh International Airport in Long Thanh district will be built in three phases and completed by 2035. In the first phase to 2020, the airport will have two runways [...]

Agricultural commitment made with Japan Posted: 05 May 2013 09:43 PM PDT HA NOI— Viet Nam and Japan have agreed to promote bilateral co-operation in the field of agriculture. The agreement was reached at a meeting in Ha Noi on Saturday between Minister of Agriculture and Rural Development Cao Duc Phat and his Japanese counterpart, Yoshimasa Hyashi, who is on a working visit to Viet Nam. Under [...]

City banks asked to step up support for businesses Posted: 05 May 2013 09:42 PM PDT HCM CITY— The State Bank of Viet Nam’s HCMC branch has urged commercial banks in the city to take further measures to help firms revive production and increase their own credit portfolio. Four city districts in particular have been asked to prepare credit support packages and commit to implementing them, a Sai Gon Giai Phong [...]

Hydro-power Plant ignores irrigation Posted: 05 May 2013 09:41 PM PDT QUANG NAM— Thousands of hectares of rice and cereal fields in Quang Nam Province are set to suffer from a serious shortage of water in the coming month, with the region’s Dak Mi 4 Hydro-electricity Plant continuing to use up water for electricity generation, despite agreeing to pause its activities. The province’s Agriculture and Rural [...]

Tourism bodies want to keep visa waiver Posted: 05 May 2013 09:38 PM PDT The HCM City Tourism Association continues to petition the Government to retain the visa waiver scheme for nationals of seven countries — and in fact to expand it — and not to hike visa fees. It held a seminar on “The necessity to continue visa waver for visitors from major markets” in HCM City two [...]

Vietnamese boycotting Coca-Cola on the suspicion about transfer pricing Posted: 05 May 2013 09:37 PM PDT The information that Coca-Cola has not paid any dong in tax over the last 10 years of operating in Vietnam has raised a wave of anger among Vietnamese. "I have decided not to drink Coca-Cola any more. I feel I need to do so. We should not accept an investor who enriches in Vietnam, but [...]

Mineral mining transparency urged Posted: 05 May 2013 07:51 PM PDT HA NOI— Viet Nam should participate in the Extractive Industries Transparency Initiative (EITI), a global standard that promotes transparency at the local level in the field of mineral exploitation, according to a new report conducted by Adam Smith International. Adopting the initiative would strengthen Viet Nam’s role as a leading nation within the ASEAN region, [...]

Vietnam’s seafood quality appreciated: VASEP Posted: 05 May 2013 07:50 PM PDT Vietnam Association of Seafood Exporters and Producers informed on May 4 that foreign importers from the EU, the US and Japan have highly appreciated Vietnam's seafood quality. Statistics from the three largest import markets in the EU, Japan and the US show that quality of Vietnamese seafood exports has improved a lot compared to previous [...]

Song Thu hands over specialized ship to Vietsopetro Posted: 05 May 2013 07:44 PM PDT Song Thu Corporation under the General Department of Defence Industry officially handed over specialized vessel FCS 5009 Express to Russia-Vietnam oil and gas joint venture Vietsovpetro in Da Nang City on May 4th. The "FCS 5009", launched in December 2012 after 11 months of construction, is a high-speed passenger vessel designed by the Dutch Damen [...]

Brazil-Vietnam trade to hit $2 billion in 2013 Posted: 05 May 2013 07:42 PM PDT As the world's sixth biggest economy with a population of 195 million, the Brazilian market offers great potential for penetration by Vietnamese products, says the Vietnam Trade Office (VTO) in the South American country. The market share of imported consumer goods rose from 19.5 percent in 2011 to 21.6 percent in 2012. The country's total [...]

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