Deputy Prime Minister Nguyen Manh Cam at APEC Ministerial Meeting

Nhan Dan Sep.11--Deputy Prime Minister and Foreign Minister Nguyen Manh Cam and some other Vietnamese senior officials attended the 11th Asia-Pacific Economic Co-operation (APEC) forum ministerial meeting, which was held on September 9-10 in Auckland, New Zealand to discuss issues of mutual concern in the APEC framework and to prepare for the seventh APEC summit.

Five-day Working Week from October

Nhan Dan Aug 29--The Government has decided to carry out a five-day working week, starting from October 2 with two days off.

If a holiday coincides with Saturday or Sunday, administrative employees will have the following day off.

Beneficiaries are cadres, civil servants and people working in the administrative offices and socio-political organisations of the State.

If any departments of education and health sectors face difficulties, a six-day working week system will be still implemented until the first day of the year 2000.

Vietnam wants to boost co-operation with APEC members

Nhan Dan 8/9- Hanoi -Deputy Prime Minister and Foreign Minister Nguyen Manh Cam granted an interview to Nhan Dan before his departure for the 11th APEC Ministerial Meeting and the Seventh APEC Summit to be held in Auckland, New Zealand, on September 9-10 and September 12-13, respectively.

Nhan Dan: Vietnam has joined the Asia-Pacific Economic Co-operation (APEC) forum for nearly a year now, can you elaborate Vietnam

Vietnam and The United States Reach in Principle Trade Agreement

Today (July 25, 1999), negotiators from the US and Vietnam have arrived at an agreement in principle on the terms of a Bilateral Trade Agreement. The Agreement addresses issues concerning trade in goods and services, protection of intellectual property, and investment relations between the two countries. The two sides will now work to finalize the technical details in order to submit a formal agreement to their governments and competent bodies to approve. Enactment of the Agreement would mark a major step in the normalization of economic relations between the two countries.

Foreign Visitors Up 7%

Nhandan July 14, 1999 - The number of foreign tourists to Vietnam in the first half of 1999 increased at the rate of 7% in comparison with the first six months of last year, reaching 54% of the annual target, according to statistics released by the General Department of Tourism. The number of domestic tourists occupied only 44% of the annual target.

Localities with large foreign tourist arrivals are Hanoi, Ho Chi Minh City, Da Nang, Quang Ninh, Thua Thien Hue, Hai Phong, Can Tho, Khanh Hoa, Ha Tay.

732 projects in Industrial Zones so far

Nhandan July 12, 1999 - Industrial Zones in Vietnam have so far attracted 732 projects with a total investment capital of over US $6.8 billion according to the Management Board of Vietnam

Investment for Trans-Vietnam Railway

VNA July 12, 1999 - The railway service has so far attracted four foreign-invested projects on upgrading bridges, signal system and tunnels of the trans-Vietnam railway.

Japanese investors have involved in a project worth nearly JPY 5.5 billion (US $43.6 million) to upgrade eight bridges. Upgrade of the bridges including the Da Rang bridge, 1,603 metres long, in Phu Yen province, the biggest on the trans-Vietnam route, started early this year and is expected to be completed next year.

55 More Rep Offices in HCM City

Nhan dan July 10, 99 - There are 55 more new foreign representative offices in Ho Chi Minh City in the first half of 1999.

11 of these are from Singapore, 7 from Taiwan, 6 from Hong Kong and Republic of Korea, 5 from Japan and 4 from USA and France.

There are 1,342 foreign representative offices in Ho Chi Minh City to date. These offices employ about 5,000 Vietnamese people and 2,241 expatriates.

FDI Shows Positive Contributions

Nhandan July 4, 1999 - According to tax statistics, during the first six months of the year, the foreign direct invested (FDI) businesses have contributed some VND 5,907 billion to the state budget, accounting for 42.7% of the annual plan. This means 92% in comparison with that of the same period last year. FDI businesses have shown great efforts in the implementation of tax laws.

Export from Foreign Invested Businesses Up

NhanDan July 4, 1999 - Exports from foreign invested businesses in the first half of 1999 were 9% and revenue 22% higher than last year, according to statistics released by the Ministry of Planning and Investment (MPI).

MPI figures indicated a slight decline in the amount of investment capital being realised, reaching only 75% of the planned amount while registered capital occupied 60% as compared to the first six months of 1998. New investment capital and capital increase from existing projects accounted for only 60% of the same period last year.