Vietnam's credit growth to stabilise, inflation to be elevated In 2020: Fitch Solutions

Vietnam’s 2019 credit growth came in at just 12.1%, underperforming the State Bank of Vietnam (SBV)’s 14.0% target for the year. This marked a second year of deceleration since credit growth peaked at 18.2% in 2017.

 

Vietnam eyes greater partnership with UN Resident Coordinators’ Office

Vietnam hopes to step up cooperation with the United Nations (UN) and the UN Resident Coordinators’ Office in Vietnam, said Deputy Minister of National Defence Sen. Lt. Gen. Nguyen Chi Vinh on Jan 16.

Vietnamese people trafficker arrested

A Vietnamese man described by the authorities in Europe as a major people smuggler is behind bars after he was arrested in the United Kingdom.

Annual spring flower festival to open in Phu My Hung City Centre

The annual Phu My Hung spring flower festival 2020 will open in Phu My Hung City Centre in HCM City's District 7 on Saturday.

Vietnam, Japan promote investment to develop food chains

Vietnam and Japan have achieved many positive outcomes in agriculture cooperation, and the two sides will continue working together to build sustainable food value chains in the near future.

New regulations on drunk driving affect the beer industry

The growth rate of the beer market in 2020 will be at 6-7 percent, while the two-digit growth rate is unattainable, experts predict.

Worship during Lunar New Year Festival

Ancestor worship during Lunar New Year festival.

HCM City to build Centre for Innovative Startup

The HCM City Department of Science and Technology announced the approval of the municipal People’s Committee for the selection programme of an architecture design for the HCM City Centre for Innovative Startup.

Vietnam Gov’t to tighten management of unmanned, ultra-light aerial vehicles

Prime Minister Nguyen Xuan Phuc has signed a Directive asking inferior levels to strengthen measures to manage and monitor drones and ultra-light aerial vehicles.

 

At least two die in building fire in Thanh Hoa

At least two people have died and many others were injured in a fire at the PV Oil Building in the northern central province of Thanh Hoa on Thursday afternoon.

 

Quarantined tourist from Wuhan recovers from fever

A Chinese tourist who was isolated in Danang after being found with a fever is recovering according to local health officials.

Car imports skyrocket in 2019

Vietnam imported up to 140,000 cars in 2019 worth a total USD3.16 billion, up 84% on-year, with the majority from Indonesia and Thailand.

 

UK launches $2.6mn project to help Vietnam safeguard deltas

The British Embassy in Vietnam has launched a project that will support Vietnam’s delta network and sustainable development.

 

Firms ask for delay financial statements release

 The Ho Chi Minh Stock Exchange (HOSE) has received dozens of documents from listed companies asking to extend the deadline for the disclosure of this year's financial statements.

 

Japanese gas firm buys 21% in PV Low Pressure Gas

Japan-based firm Saibu Gas Co Ltd has become the large shareholder in PetroVietnam Low Pressure Gas JSC (PV GasD).

 

Noi Bai Airport urges passengers to arrive early to avoid overcrowding

Noi Bai International Airport has advised passengers to arrive earlier due to over-crowding around Tet holiday.

 

Deputy foreign minister pushes ratification of Vietnam-EU deals

Permanent Deputy Foreign Minister Bui Thanh Son paid a visit to the European Parliament (EP) from January 13 to 16 to discuss the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the Investment Protection Agreement (EVIPA).

Vietnamese culture to be introduced in tiny French town

A one-day event featuring Vietnamese customs for the Lunar New Year will be held on January 25 in Saint Herblain, France, by ART SPACE, a private centre run by Hoang Thu Trang.

New roads to link to northern mountains

Two new roads will be built connecting the northern mountainous region with Hanoi, Ministry of Transport said on Thursday.

Transport minister find reasons for toll booth delays

The Ministry of Transport has been asked to look at collective and individual responsibilities for delays to the implementation of electronic toll collection (ETC) project.

Drunk youngsters pose risk to society

Doctors have warned of rising alcohol consumption among adolescents, posing a risk to their health and social order.

Scientific research: spending is high, but results are few

Universities and local authorities spend big money on scientific research, but the results remain unclear.

Vietnamese nationwide celebrate Kitchen Gods’ Day

As the most important festival in Vietnamese culture, Tet (Lunar) New Year retains many traditions that have been passed down for generations, one of which is the rituals performed on Kitchen Gods’ Day.

Vietnamese, Chinese top leaders hold phone talks

Party General Secretary and President Nguyen Phu Trong talked over the phone with his Chinese counterpart Xi Jinping on January 16, on the occasion of the upcoming Lunar New Year festival and the 70th anniversary of Vietnam-China diplomatic ties.

Tiger trafficker sentenced to 6 years in prison

The People’s Court of Hanoi on Wednesday sentenced Nguyen Huu Hue to six years in prison for illegally trafficking seven frozen tiger cubs.