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Sharp to build factory in Vietnam The Saigon Times Daily A logo of Sharp Corp is pictured at the 2016 Combined Exhibition of Advanced Technologies in Japan. Sharp plans to build a new factory in Vietnam – PHOTO: REUTERS HCMC – Japanese electronics giant Sharp has announced that it will build a new factory in Vietnam after scrapping a plan to produce automotive liquid crystal displays for the U.S. market in China. Specifically, the factory is planned to be built in the outlying area of HCMC and is expected to be put into operation next year. Sharp did not disclose the cost of building the factory. However, Japan’s Nikkei newspaper had earlier reported that Sharp would establish a subsidiary in Vietnam with initial capital of 2.7 billion yen, equivalent to US$25 million, in February next year. Sharp Vice President Katsuaki Nomura stated that the factory in Vietnam is aimed at avoiding new tariffs that could be imposed on its products exported stateside amid … [Read more...] about Sharp to build factory in Vietnam

President Trần Đại Quang (r) receives RoK President Moon Jae-in in Hà Nội yesterday. — VNA/VNS Photo Nhan Sáng HÀ NỘI — Việt Nam and the Republic of Korea (RoK) have agreed to lift two-way trade to US$100 billion by 2020 during talks in Hà Nội yesterday between President Trần Đại Quang and RoK President Moon Jae-in. The talks took place right after the welcome ceremony held on the morning of the same day. It is the first-ever State visit to Việt Nam by President Moon from March 22-24. Quang affirmed that Việt Nam always highly values developing ties with the RoK and wishes that the country will continue sharing its experience for the sustainable development of the two countries, and for peace, stability, development and prosperity in the region and the world. Both sides agreed to maintain annual visits and exchanges, improve the efficiency and frequency of exchange and dialogue mechanisms, extend collaboration between the two nations’ governments, legislatures, Party … [Read more...] about VN, RoK look to $100bln in trade

Workers pack Indian jujube (Vietnamese apple) at the Ba Mòi Vineyard in Phan Rang-Tháp Chàm City, Ninh Thuận Province. — VNA/VNS Photo Nguyễn Thành HÀ NỘI — The Ministry of Agriculture and Rural Development (MARD) will tighten control over company equitisation and impose strict penalties on irresponsible leaders who delay this process, Deputy Minister Hà Công Tuấn said at a conference in Hà Nội yesterday. Deputy Minister Tuấn said inefficient equitisation that creates losses of State capital and properties at fully-funded or partly-funded State enterprises would be subjected to compensation payment and held responsible under the law. According to the deputy minister restructuring of several firms has been implemented slowly. Some equitised companies are unable to sell out their shares on schedule and have not made major changes in terms of production efficiency, while their structure, operations and management have shown shortcomings. Nguyễn Nam Hải, general director of Việt … [Read more...] about Ministry to tighten control of divestment and equitisation

The garden of Lê Văn Dĩ in Tây Ninh Province’s Trảng Bàng District. — Photo http://baotayninh.vn Viet Nam News TÂY NINH — Wild vegetables, herbs and leaves from trees planted on the banks of the Sài Gòn and Vàm Cỏ rivers in Tây Ninh Province’s Trảng Bàng District are known by their taste, smell and use in bánh tráng phơi sương (dew-soaked rice paper), boiled meat dishes, and fish sauce. However, because of industrialisation, including many new factories and industrial parks, wild vegetables and herbs are disappearing. Recognising the risk, six years ago, Lê Văn Dĩ, 54, of Gia Lộc Commune in the district took cuttings of many of the vegetables, herbs and trees growing along the two river banks to plant in his one-hectare garden. “I have 13 kinds of plants, including trâm ổi ( Lantana camara), trâm sắn (Syzygium cinereum) and others,” Dĩ said. Dĩ’s garden is the first to meet VietGap standards in the province. “I earn nearly VNĐ200 million … [Read more...] about Residents in Tây Ninh earn income from wild herbs, veggies