Vietnam motorbike tour expert

Nguyễn Văn Phương, deputy head of Motor Vehicle Quality Division under the Việt Nam Register, said the Government has only issued regulations on periodic inspections for cars but not motorbikes. The country also lacks regulations stipulating the maximum lifespan of motorcycles. … [Read more...] about PM wants old motorbikes off the streets

Hang, a witness to the couple’s decade-long struggle to build back after the accident, said the disturbing memory of her sister in the hospital still sends chills down her spine.   … [Read more...] about Vietnam couple who survived devastating crash together proves power of love

Hanoi (VNS/VNA) - Experts have pointed out lots of opportunities for Vietnamese and Indian enterprises in the pharmaceutical industry in Vietnam. In an effort to promote trade and investment in the pharmaceutical sector, the Embassy of India, the International Investment Promotion Alliance, the Association of Foreign Invested Enterprises and the Vietnam Chamber of Commerce and Industry (VCCI) organised a seminar in Hanoi on January 21 to connect experts and enterprises from the two countries. According to the embassy, India was popularly known as the pharmacy of the world, earning its credibility as one of the largest manufacturers of generic drugs. It also said the Indian pharmaceutical sector supplies over 50 percent of global demand for various vaccines, 40 percent of generic demand in the US and 25 percent of all medicine in the UK. Indian drugs are exported to more than 200 countries in the world, with the US being the key market. Indian pharmaceutical exports, … [Read more...] about Vietnamese, Indian pharmaceutical firms have great opportunities in Vietnam

Hanoi (VNA) - Vietnam’s current leaders, including those to be elected by the 13th National Party Congress, want the country to play a greater role internationally and to step up proactive international integration, said Carlyle A. Thayer, an Emeritus Professor of Politics at the University of New South Wales in Australia. The expert made his statement in a recent article, in which he mentioned that in October last year, Vietnamese leaders released the text of the draft Political Report to be submitted to the 13th National Party Congress and the text of the socio-economic development plan for the next five years. He said according to the texts, Vietnam will continue on its path of domestic economic reform and anti-corruption drive. The nation will also step up its proactive efforts in international economic integration, including meeting its obligations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Regional Comprehensive Economic … [Read more...] about Aussie expert assesses how 13th National Party Congress impacts Vietnam’s future

A rise in both the number and the value of mergers and acquisitions (M&As) in Vietnam last year and early this year have signaled that M&As are booming in the country. According to auditing firm Pricewater House Coopers (PwC)’s statistics, there were 295 M&As worth a combined 1,138 million USD in the country last year, up 77 percent over the previous year. In the first quarter of this year, the market was more ebullient with larger acquisitions: the Vietnam Industrial and Commercial Bank (Vietinbank) sold 10 percent and 15 percent of its statutory capital to the International Finance Corporation (IFC) and Canada ’s Nova Scotia Bank respectively, and VNPT Global sold 10 percent of its shares to the Singapore Technologies Telemedia (ST Telemedia). Notably, the Hung Vuong Fishery Joint Stock Company (HVG) offered to buy 3.75 million shares of the An Giang Fishery Import-Export Joint Stock Company (AGF) in a bid to raise its share in AGF to 51 … [Read more...] about M&A boom building up steam in Vietnam