Friday, May 25 2018

VietNamNews

FDI investors granted dong accounts

Update: November, 18/2013 - 09:45
Foreign investors and companies will soon be able to open accounts in Vietnamese dong along with foreign currency accounts, according to Nguyen Mai, chairman of the Viet Nam Association of Foreign- Invested Enterprises.

At present, they can only open accounts in foreign currencies.The new provision is contained in a draft circular being prepared by the State Bank of Viet Nam on managing foreign currency.

If the circular is approved, it will have a positive impact on attracting foreign investment into the country, some experts say.

Thanh Nien (Young People)

Fines for ad violations to go up next year

Fines for violation of regulations related to advertising will go up to VND100 million (US$4,700) next year, according to Government Decision No158/2013/ND-CP.

The decision deals with violations in culture, sports, tourism and advertising industries.

Advertisements for cigarettes, alcohol, mother's milk replacement for children under two and supplements for children less than six months will be fined VND40-50 million (US$1,900-2,300).

Advertising violations relating to certain sexual arousal products and hunting weapons will be fined VND70-100 million ($3,300-4,700).

Nguoi Lao Dong (The Labourer)

Health Ministry to inspect public hospitals

Health Minister Nguyen Thi Kim Tien has assigned three deputy ministers to conduct a wide-ranging inspection of public hospitals, focusing on their relations with other entities and the implementation of "socialisation" (investment by non-public sectors) in some provinces and cities.

Tuoi Tre (Youth)

Sugarcane area downsized in Tra Vinh

The Mekong Delta province of Tra Vinh said its sugarcane-growing area has reduced by 300ha from the previous crop to 5,800ha.

The province attributes the decrease to low yields and high input costs that have made it very difficult for farmers to earn profits from the crop.

Tin Tuc (News)

More than 218,000 living with HIV/AIDS

As of September, more than 218,000 people in the country are HIV positive and over 65,700 of them have contracted AIDS, according to the Ministry of Health.

The number of HIV/AIDS cases resulted unsafe sex has increased in recent years, the ministry said.

Sai Gon Giai Phong (Liberated Sai Gon)



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