Banks tighten credit as real estate developers search for more capital

Real estate firms are seeking new sources of capital as commercial banks have tightened lending.

Some 6.3 million Vietnamese predicted to suffer diabetes by 2045

About 69% of the Vietnamese suffer from undetected hyperglycemia, and only 29% of people with diabetes are being treated.

Fight against foreign crimes keeps hitting roadblocks

Foreign people in Vietnam are exploiting legal loopholes and local authorities’ oversight to carry out a multitude of crimes, from gambling to drug rings and even elaborate cybercrime.

Heavy investment in HCM City's bus system remains ineffective

HCMC annually spends some VND1 trillion on average to offer subsidies for public buses to encourage the use of public transport among the local people, but the number of bus passengers has continued to decline.

 

Foreign textbooks facing stricter censorship in Vietnam

Principals of universities will establish a council to choose or compose particular textbooks to use in their own educational institutes.

River traffic expected to return to HCMC-Vung Tau waterway by end-Nov

The salvage of the sunken container vessel VietSun Integrity is continuing in Long Tau River in HCMC’s Can Gio, with cargo traffic on the HCMC-Vung Tau waterway expected to return to normal between November 25 and December 12.

 

Vietnam to give tax incentives to automobile manufacturers, electric car imports

Prime Minister Nguyen Xuan Phuc has instructed the Ministry of Finance (MoF) to look at taxes and fees related to automobile manufacturing and assembly in order to help the sector grow.

E-commerce delivery battle in Vietnam becomes more costly

Online buyers in Vietnam are increasingly impatient, driving the war on delivery speed.

Heineken no longer major shareholder of Vietnam’s brewer Sabeco

Heineken was a direct competitor of Thaibev for the acquisition of Sabeco in late 2017. However, Thaibev won the race by spending US$4.89 billion for a nearly 54% stake of Sabeco.

HCM City festival highlights local and foreign cultures

The HCMC government will organize a festival highlighting the cultures of Vietnam and other countries from November 29 to December 1.

Vingroup Chairman listed among world’s 50 theme park influencers

Chairman of Vingroup Pham Nhat Vuong has been named among the top 50 theme park influencers in the world for his innovation and creativity in the global theme park industry in 2019.

Tourism to boost hotel real estate segment in Vietnam

Viet Nam's growing tourism industry and thriving economy have drawn interest in the country's hotel and resort market from investors across the region, making Viet Nam one of the most talked about markets in Asia Pacific.

 

Opening of Hanoi’s first railway delayed by administrative obstacles

Approval of completed work, auditing and origin issues are among the reasons for the delay of the  official launch of the Chinese-funded 13.5-kilometer-long Cat Linh-Ha Dong urban rail line in Hanoi.

Vietnamese pop star to perform at ASEAN Fantasia 2019

Vietnamese pop star Noo Phuoc Thinh will perform at the ASEAN Fantasia 2019 at the Chanwon Veledrome in Busan, South Korea, on November 24.

Carbon emission a thorny problem in Vietnam

Vietnam has pledged to cut 8% of her greenhouse gas emissions by 2030, or even 25% with international support.

Vietnamese defence minister urges more internal integrity within ASEAN

The Association of Southeast Asian Nations (ASEAN) should exert more efforts to enhance internal integrity so as to flexibly cope with external challenges and impact, Defence Minister General Ngo Xuan Lich said on November 17.

Requiem for victims of traffic accidents in Vietnam

The National Traffic Safety Committee and the Ho Chi Minh City People’s Committee on November 11 held an annual requiem for the victims who lost their life to traffic accidents in Vietnam this year.

Vietnamese students in Hong Kong get support to come back home

Vietnamese nationals who are pursuing study at the Chinese University of Hong Kong (CUHK) on November 16 received support from the Consulate General of Vietnam to return home.

World experts voice over East Sea issues again

Discussions at the event help address the heat of conflicts which threaten the regional security.

Hanoi-based painters hold group exhibition in HCM City

Three talented artists from Hanoi are introducing their paintings depicting the country’s landscapes of four seasons at a group exhibition in HCMC.

Independent bookstores attract readers with their olde-worlde charm

Despite their small space, independent bookshops have still been attractive with their olde-worlde charm and their suggestion of a life where there's time to potter among the shelves.

Deadly dengue outbreak overwhelms central Vietnam

More than 62,000 people in the central provinces of Vietnam have infected with deadly dengue fever in ten months of the year, a threefold increase compared to the same period last year. Worse, eight people died of the disease.

Officials voice concerns over fraud in issuing certificates of origin

Given the more complicated nature of origin fraud, the Government has ordered a review of legal documents and has called for tighter control over the issuance of certificates of origin (C/O).

 

A predicted scenario

For the first time in years, the Bank for Investment and Development of Vietnam (BIDV) has fallen out of the list of the top five profitable banks in the face of the strong growth of joint-stock commercial banks.

Police officer expelled from Party for creating disturbance at airport

Captain Le Thi Hien of the Dong Da District Police in Hanoi City, who insulted a Vietnam Airlines counter employee and physically and verbally assaulted a security guard in August this year, has been removed from the Communist Party.