The Business Times: Vietnamese company, Japan region bolster tourism cooperation

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• Vietnamese company, Japan region bolster tourism cooperation
• Industrial production growth in 7 months lower than 2015 same period
• Vietnam’s rice exports dwindle 18.4 percent in seven months
• Doosan Vina to make first nuclear power equipment in Vietnam
• Petrol Prices Drop over 600 VND Per Litre
• 7.3% minimum wage increase submitted
• Expert warns against new steel and oil refinery projects
• Public forums highlight new Laos border trade deal
• HCM City eyes 9,800 USD per capita income by 2020
• Bitter market for local coffee

Vietnamese company, Japan region bolster tourism cooperation Posted: 06 Aug 2016 10:34 AM PDT Japan's Shryudo region is listed in top 100 year-round tourist destinations (Source:shoryudo.go-centraljapan.jp) HCM City (VNA)– Japan's Shryudo region and Vietnam's JTB-TNT Limited Company have worked together to spur tourism cooperation between Vietnam and Japan.  Director of JTB-TNT Limited Company Nguyen Van Tan said about 500,000 Japanese tourists visited Vietnam in 2015, up 8 percent compared to The post Vietnamese company, Japan region bolster tourism cooperation appeared first on Vietnam Business News.

Industrial production growth in 7 months lower than 2015 same period Posted: 06 Aug 2016 10:34 AM PDT Source: VNA The post Industrial production growth in 7 months lower than 2015 same period appeared first on Vietnam Business News.

Vietnam’s rice exports dwindle 18.4 percent in seven months Posted: 06 Aug 2016 10:34 AM PDT Rice for export (Photo: VNA) Hanoi (VNA)– Vietnam exported 2.93 million tonnes of rice with a value of 1.32 billion USD in the first seven months of the year, a year-on-year plunge of 18.4 percent in volume and 14.4 percent in value, according to the Ministry of Agriculture and Rural Development (MARD). Low rice production, The post Vietnam's rice exports dwindle 18.4 percent in seven months appeared first on Vietnam Business News.

Doosan Vina to make first nuclear power equipment in Vietnam Posted: 06 Aug 2016 10:33 AM PDT Doosan Vina examines equipment before exporting (Photo: VNA) Quang Ngai (VNA)– The Doosan Heavy Industries Vietnam Co. Ltd (Doosan Vina) said on August 5 that it recently signed a contract to produce nuclear power equipment for a nuclear power plant in the Republic of Korea (RoK). Accordingly, Doosan Vina will produce four storage tanks for reactors The post Doosan Vina to make first nuclear power equipment in Vietnam appeared first on Vietnam Business News.

Petrol Prices Drop over 600 VND Per Litre Posted: 06 Aug 2016 10:33 AM PDT Petrol Prices Drop over 600 VND Per Litre The prices of RON 92 petrol and bio-fuel E5 dropped 604 VND and 593 VND per litre, respectively, from 3:00 pm on August 4, according to the Ministry of Industry and Trade and the Ministry of Finance. It was the fourth fuel price cut after five hikes The post Petrol Prices Drop over 600 VND Per Litre appeared first on Vietnam Business News.

7.3% minimum wage increase submitted Posted: 06 Aug 2016 10:27 AM PDT  >>  VGCL proposes 11% increase in minimum wage The National Wage Council has agreed on a 7.3% increase to the minimum wage in 2017 and will submit the proposal to Prime Minister Nguyen Xuan Phuc for approval. The consensus was reached at a meeting on August 2 between the council and the Vietnam Chamber of The post 7.3% minimum wage increase submitted appeared first on Vietnam Business News.

Expert warns against new steel and oil refinery projects Posted: 06 Aug 2016 10:27 AM PDT Chairman of the Vietnam Association of Foreign Invested Enterprises, Nguyen Mai has said that Vietnam should stop calling investments for cement, steel and oil refinery projects due to their environmental pollution and ineffective business.   Investors have delayed or cancelled Nhon Hoi project Formosa's recent toxic waste discharge in the central region and news that The post Expert warns against new steel and oil refinery projects appeared first on Vietnam Business News.

Public forums highlight new Laos border trade deal Posted: 06 Aug 2016 10:27 AM PDT The Vietnam Ministry of Industry and Trade (MoIT) has announced it will sponsor a series of public workshops addressing new laws and regulations governing Vietnam and Laos cross border trade. The agreement, which consists of 23 articles, includes specific regulations dealing with cross-border trade by traders and residents who live on the two countries border The post Public forums highlight new Laos border trade deal appeared first on Vietnam Business News.

HCM City eyes 9,800 USD per capita income by 2020 Posted: 06 Aug 2016 10:27 AM PDT Ho Chi Minh City's leaders and newly-elected lawmakers began a three-day session of the People's Council on August 3 to discuss socio-economic targets amid many complaints about extended flooding, traffic jams and pollution.  A corner in Ho Chi Minh City The country's biggest city has set itself a per capita income target of 9,800 USD The post HCM City eyes 9,800 USD per capita income by 2020 appeared first on Vietnam Business News.

Bitter market for local coffee Posted: 06 Aug 2016 10:25 AM PDT "Our coffee-growing industry represents just a tiny proportion of total plantations in the agricultural sector, but has seen its decrease by 50 to 60 per cent [in three years,]" said Khan Samban, director of the ministry's department of industrial crops. According to ministry data, coffee plantations covered 121 hectares in 2015, down from 232 hectares The post Bitter market for local coffee appeared first on Vietnam Business News.

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