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December 19

Released at: 11:24, 19/12/2017 PRESS WATCH

December 19

VET's round-up of news from Vietnamese media for December 19.

Viettel Aerospace Institute launched

Hanoi National University (HNU) in cooperation with Viettel launched the Viettel Aerospace Institute on December 18. This is the first training school in the field of aerospace and a unit of training, scientific research, technology transfer under the University of Technology. The Institute has been established to train and provide high quality human resources for aerospace technology at undergraduate and postgraduate levels, to research and develop key technologies and products in the field of aerospace that meet Vietnam’s civil and security requirements.

Vietnamobile licensed for 4G services

Vietnamobile has become the fifth operator licensed to provide 4G services in Vietnam, baodautu.vn has reported. Minister of Information and Communications Truong Minh Tuan signed a license to establish a public telecommunications network and a license to provide 4G services for the Vietnamobile Telecom Joint Stock Company in mid-November. The license is valid until September 15, 2024.

MoIT sells 54% of Sabeco

The Ministry of Industry and Trade (MoIT) auctioned all of its 343.6 million shares, or 53.6 per cent, in the Saigon Beer, Alcohol and Beverage Corporation (Sabeco) on December 18, receiving an estimated VND110 trillion ($4.89 billion). Announced by Sabeco on November 29, the auction attracted one individual investor and one institutional investor, both of whom were Vietnamese. The two investors had earlier registered to purchase more than 343.68 million shares in total; 20,000 more than the amount up for auction.

Wagyu beef to be raised in Mekong Delta

A deal to produce Wagyu beef under Japanese technology was signed between the Huy Long An company from the Mekong Delta province of Long An and Sawai Ranch from Japan. This is the first time Vietnamese and Japanese concerns have worked together to raise the Japanese cattle. The cattle will be raised on Huy Long An’s farms in accordance with a strict process under the supervision of Japanese experts, ensuring that quality meets criteria in Japan.

PM attends agriculture forum

Prime Minister Nguyen Xuan Phuc attended a forum on “Developing International Markets for Vegetables and Fruit, Logistics Systems for Agricultural and Rural Areas” on December 18 in the Mekong Delta’s Dong Thap province. The large-scale forum was part of an investment conference scheduled for December 19 with a view to seeking solutions to agricultural development. Earlier, the “Vietnam Organic Agriculture - Development and Integration” forum was convened on December 16 in Hanoi. Agriculture is one of Vietnam’s important export fields, contributing substantially to export turnover. In 2011-2016, agricultural exports grew by 12.7 per cent annually. In 2016, Vietnam had over 30 export markets worth over $1 billion each.

Asia-Pacific Parliamentary Forum to meet in Hanoi in January

The 26th Annual Meeting of the Asia-Pacific Parliamentary Forum (APPF-26), themed “Parliamentary Partnership: Peace, Innovation and Sustainable Development”, will be held in Hanoi from January 18 to 21. Activities include a meeting of female parliamentarians, a meeting of the APPF Executive Committee, a banquet hosted by Chairwoman of the National Assembly and APPF-26 Chair Nguyen Thi Kim Ngan, and plenary sessions on politics, security, economy, trade, regional cooperation, and APPF-related issues.

Pangasius exports up handsomely

Export turnover of pangasius (catfish) in November reached $160.266 million, bringing the figure in the first eleven months of the year $1.6 billion, up 5.3 per cent year-on-year. The Top 3 major export markets are China, the US, and the EU. Total turnover in 2017 is expected to come in at $1.79 billion - $1.8 billion.

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