It is time to catch up with most recent news from Vietnam!
- According to Vietnam News, the Southeast Asia Commercial Joint Stock Bank (SeABank) was recently honored by the ASEAN Business Awards (ABA) for its social responsibility.
The awards were first organized to recognize businesses that contribute to socio-economic development, work with governments to stabilize the macro-economy and enhance the competitive capacity of the ASEAN business community in the world market.
Japan continues to support Vietnam as two countries establish bilateral relationship - A project for upgrading Can Tho University is to be executed in the next five years using a US$105.9 million loan from Japan’s official development assistance (ODA).
The Japanese government will also offer a grant of US$3.5 million for a technical cooperation project with the university in the Mekong Delta. “The investment will help Can Tho University improve its training and scientific research quality so that 90% of its graduates can get jobs after graduation, “said Ha Thanh Toan, president of the university, at the opening ceremony of the new school year.
In addition, the first batch of Vietnamese chicken was exported to Japan on Saturday, marking a milestone in the country’s efforts to open the discerning Japanese market.The 30 tonnes of chicken wings, thighs and breasts were shipped by the Koyu & Unitek Co, a joint venture between Australia and Japan in southern Đồng Nai Province and part of a bigger global value chain.
Mavin, a multi-faceted agribusiness enterprise with feed-mills and farms to invest $80 million into four different projects in Nghe An province. With four new projects, Mavin Group expects to process over 200,000 farm animals each year. Mavin Group continues to provide strong support to the locals of Nghe An province as they continue to build relationship between Australia and Vietnam.
If you’re into fashion and love H&M, you now have another reason to visit Vietnam. H&M opened its first store in Vietnam on September 9th, 2017. Even though the store officially opened at 11:00AM, lines started forming at 6:20AM. Perhaps H&M, along with Zara, will continue to dominate the Vietnamese fashion market as they have in the past few years.
In other news, RMIT Ho Chi Minh will host their annual international rugby match on September 16th and 17th for those rugby fans out there. Located in District 7, HCM City, RMIT University Vietnam offers an ideal location for expats as well as locals to enjoy a rugby match. Entrance will be free; food and music will be provided. What’s not to love?
Other news headlines this week:
Vietnam Railways proposes over VND4.6 trillion investment in modernisation, Nhan Dan, 12 September 2017
Capital shortage slows Vietnam infrastructure projects, Nikkei Asian Review, 14 September 2017
Vietnam steps up aquaculture cooperation with Cambodia, Vietnam Net, 15 September 2017
World Bank issues blueprint for Việt Nam’s development, Vietnam News, 15 September 2017
Central Vietnam seeks investment, Vietnam Net, 14 September 2017
Vietnam and China: Balancing geography and history, Business Mirror, 15 September 2017
Business in Brief: 15/08, Vietnam Net, 15 September 2017
Sri Lankan delegation visits Vietnam for trade opportunities, Lanka Business Online, 15 September 2017
Mass evacuation drive in Vietnam as 'severe' Typhoon Doksuri wreaks havoc, Business Standard, 15 September 2017
[Nick Le, Anirudh Bhati]