10:44 (GMT +7) - Tuesday 21/08/2018

PRESS WATCH

December 13

Released at: 11:17, 13/12/2017 PRESS WATCH

December 13

VET's round-up of news from Vietnamese media for December 13.


ACV to sell 20% stake

Airports Corporation of Vietnam (ACV) plans to sell a 20 per cent stake, equivalent to VND4.35 trillion ($194.7 million), to foreign and domestic investors through an open auction next year. Share are priced at VND10,000 ($0.44). The news was in an ACV report sent to the Ministry of Transport after the Prime Minister approved a list of 406 State-owned enterprises marked for divestment from now to 2020.

GE Healthcare signs MoU with Vinmec Healthcare

GE Healthcare, the medical arm of General Electric, signed a memorandum of understanding (MoU) on December 12 with Vinmec Healthcare System, fostering science and technology application, boosting the development of infrastructure, and investing in human resources in the industry so they meet international best practice. GE Healthcare will dedicate its innovative medical equipment for imaging, nuclear medicine, ultrasounds, and anesthetic solutions to help Vinmec advance its healthcare outcomes, focusing on two prime segments: cardiology and oncology.


MasterCard introduces Masterpass QR

MasterCard has introduced its electronic payment service Masterpass QR in Vietnam, enabling MasterCard holders to make payments by scanning QR codes at thousands of points of sale throughout Vietnam. Users can make payments via QR codes at more than 7,000 points of sale set up by the MPOS Vietnam Technology JSC. MasterCard will later cooperate with other companies to expand the network of places accepting Masterpass QR in Vietnam. Masterpass QR has been deployed in over 20 countries. In Vietnam, users need only register with MPOS QR in order to make Masterpass QR payments via all banking applications with the QR scanning function. QR payment, an option to promote non-cash payments, is suitable in countries with a large number of smartphone users and developed 3G/4G networks.

Minimum wages to rise on January 1

The government has decided to increase minimum monthly wages by VND180,000-230,000 to VND2.76-3.98 million ($121-$175), depending on the region, from January 1, 2018. According to Decree No. 141/2017/ND-CP, employees working for enterprises in Region 1, comprising major cities and provinces, will receive a new minimum salary of VND3.98 million ($175), while the new levels for those in Regions 2, 3, and 4 will be VND3.53 million ($155.3), VND3.09 million ($135.9), and VND2.76 million ($121), respectively. The National Wage Council has approved the new minimum wages after working with relevant agencies.


PM signs resolution on ASEAN investment agreement

Prime Minister Nguyen Xuan Phuc has signed a government resolution approving the draft of the third Protocol amending the ASEAN Comprehensive Investment Agreement (ACIA). The government approved the draft of the second Protocol amending the ACIA on July 31. The ACIA was reached in February 2009 and took effect on March 29, 2012, aiming to promote investment liberalization within ASEAN and lay the foundation for the establishment of the ASEAN Economic Community (AEC) in 2015.

Hai Phong cuts port fees by 20%

The northern port city of Hai Phong will reduce fees for using infrastructure, service facilities, and public utilities at its ports by 20 per cent from the beginning of 2018. Fees for liquid and bulk cargo are proposed to be cut from VND20,000 ($0.88) to VND16,000 ($0.70) per ton. This was announced at the city’s People’s Committee meeting to revise Resolution No. 148/2016/NQ-HDND, dated December 13, 2016, which stipulated that individuals and organizations having shipments stored at bonded warehouses must pay VND2.2 million ($97) to VND4.8 million ($220) per container, an increase of nearly 70 per cent. Fees for goods in transit are from VND500,000 ($22) to VND1 million ($44). The resolution came into effect from the beginning of this year.

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