[Round-up] Vietnam PM to Visit China, France President Touches down in Vietnam

Tuan Minh

23:04 05/09/2016

BizLIVE - PM Nguyen Xuan Phuc Nguyen Xuan Phuc will pay an official visit to China on Sept. 10-15. French President Francois Hollande on September 5 started his three-day official visit to Vietnam.

[Round-up] Vietnam PM to Visit China, France President Touches down in Vietnam

French President Francois Hollande on September 5 started his three-day official visit to Vietnam.

Vietnam PM to Visit China
Prime Minister Nguyen Xuan Phuc will pay an official visit to China and attend the 13th China-ASEAN Expo and the 13th China-ASEAN Business and Investment Summit in Nanning from September 10 to 15.
The visit will be made at the invitation of Chinese Premier Li Keqiang, the Vietnam News Agency (VNA) reported.
French President on Visit to Vietnam
French President Francois Hollande on September 5 started his three-day official visit to Vietnam at the invitation of President Tran Dai Quang, VNA reported.
The visit aims to promote the bilateral strategic partnership. During the visit, the first to Vietnam by a French President since 2004, the two sides will review their cooperation and seek further political ties and delegation exchanges.
Vietnam Wants to Boost Multi-Faceted Cooperation with Canada: President
Vietnam wishes to enhance the multi-faceted cooperation with Canada, President Tran Dai Quang told visiting Canadian Foreign Minister Stephane Dion in Hanoi on September 5, according to VNA.
The president appreciated Canada’s commitments to continuing its official development assistance (ODA) for Vietnam as well as its support for the country in climate change response, poverty reduction and food safety.
Vietnam Levies Temporary Anti-Dumping Duties on Steel from China, South Korea
The Vietnamese Ministry of Industry and Trade will impose temporary anti-dumping duties on some coated steel products imported from China and South Korea from September 16, 2016 through January 13, 2017.
The highest tax rate, 38.34%, will be imposed on the coated steel of almost all producers from China. Meanwhile, the rate for products of South Korean firms is 19%, except POSCO, whose products are subject to a tax rate of 12.4%.
Canada Helps Vietnamese SMEs Reduce Emissions
Canadian Foreign Minister Stephane Dion has announced that his country will provide CAD15 million ($11.6 million) to help small- and medium-sized enterprises (SMEs) in Vietnam with initiatives and technologies to reduce greenhouse gas emissions.
At a working session with Minister of Natural Resources and Environment Tran Hong Ha in Hanoi on September 5, Minister Stephane Dion expressed his hope that Canada can support Vietnam in tackling the impacts of climate change.
Vietnam Lifts Pumping Prices by 700 Dong per Liter
The Ministry of Industry and Trade and the Ministry of Finance have revised up the prices of RON 92 petrol and bio-fuel E5 by 702 dong ($0.03) and 611 dong per liter from 3:00 pm on September 5.
The prices of diesel 0.05S and kerosene also increased 474 dong and 489 dong per liter, respectively.
HCM City to Host Vietnam Foodexpo
The Vietnam International Food Industry Exhibition (Vietnam Foodexpo 2016) will take place in Ho Chi Minh City on November 16-19, according to VNA.
More than 300 businesses from 30 Vietnamese localities and 15 countries and territories are expected to participate in the event, selling various products at about 500 booths including dried fruits, seafood, beverages, and food materials.
Hong Kong No-Frills Carrier Adds Direct Flights to Nha Trang
Hong Kong budget airline HK Express is set to launch direct flights to Nha Trang city, the central coastal province of Khanh Hoa in November.
Fares for the new twice-weekly service - on Wednesdays and Sundays - starts from 98 HKD ($12.5).
Malindo Air Opens Direct Flight to Hanoi
Malaysia's Malindo Air on September 2 officially launched a direct route connecting Hanoi and Kuala Lumpur with flight OD572, meeting high travel demand from the two countries.
The route is served by a 162-seat Boeing 737-800 ER aircraft.
Hite Jinro to use Vietnam as gateway to up presence in Southeast Asia
South Korea’s Hite Jinro seeks to expand its presence in Vietnam to make the country a gateway to the Southeast Asian market and strive to achieve 530 billion won ($475 million) in overseas sales by 2024, according to the company’s long-term outline.
The company is targeting Vietnam where the Korean pop culture is immensely popular and consumers have stomach for strong liquor.
Vietnam's International Travel Expo Sees Big Jump in Attendance
The International Travel Expo Ho Chi Minh City 2016 (ITE HCMC), Vietnam’s largest international travel fair, will be back for its 12th edition from September 8 to 10 at the Saigon Exhibition and Convention Center.
There will be 15% more sellers and buyers at the ITE HCMC this year, and the increased interest is a sign of an even greater and more vibrant tourism scene in the near future for countries in the Mekong region, a local official said.
The Vietnamese government and experts have aired concerns over the damage foreign-invested production facilities have caused to the environment.
They called for the adoption of stricter regulations, especially after the Formosa-linked fish die-off in four central coastal provinces.
Vietnam and India have agreed to upgrade their relationship to a comprehensive strategic partnership which Hanoi only has with Beijing and Moscow.
The upgrade was announced during Indian Prime Minister Narenda Modi’s visit to Vietnam last weekend before he continued his trip to China to attend the G20 Summit.
Singaporean investors have been making bold investments in Vietnam to capitalize on huge opportunities stemmed from the country’s fast-growing economy and swelling middle class.