Moody's backs Vietnam's strict proposal on unsecured consumer lending

 Vietnam’s stricter regulations on unsecured consumer lending are credit positive for finance companies, according to a recent credit outlook report released by the credit ratings agency Moody’s Investors Service.

 

Vietnam’s tug-of-war games, ritual receive UNESCO’s certificate

A ceremony was held in Thach Ban ward, Hanoi’s Long Bien district on April 7 to receive a certificate of UNESCO recognition of the sitting tug-of-war games and rituals at local Tran Vu temple ...

Lobsters die en masse in Phu Yen

Lobsters have died en masse recently in Xuan Dai Bay in Song Cau District, the central province of Phu Yen.

BUSINESS NEWS 10/4

Vietnamese, Dutch firms seek bond in sustainable urban development

 

Will Vietnam become a manufacturing center for airplane parts?

 With many multi-national groups having set up aircraft component factories in Vietnam, the country now has great opportunities to become an aircraft component center.

 

 

Three leading trends in Vietnam’s real estate market

VietNamNet - Vietnam’s real estate market is expected to remain stable with growth in three areas — green real estate, resort & tourism real estate, and houses & apartments.

 

 

Agricultural production: businesses make big investments in processing

VietNamNet - Vietnam needs to make basic changes in agricultural production and may have to start over from scratch, according toTran Ba Duong, chair of Truong Hai Automobile (Thaco).

 

 

iPhone price sliding in Vietnam

VietNamNet Bridge - Distributors in Vietnam have slashed selling prices for iPhoneX 2018 models earlier than usual.

 

BUSINESS NEWS IN BRIEF 10/4

SMEs need to learn from stories of success, Q1 rice export volumes and value down, Decision issued to improve Logistics Performance Index ranking, Mastercard appoints new Country Manager for Vietnam

iPhone price sliding in Vietnam

VietNamNet Bridge - Distributors in Vietnam have slashed selling prices for iPhoneX 2018 models earlier than usual.

Hanoi plans to execute 15 transport projects

 The Hanoi People's Committee Hanoi will submit to the City People's Council for approval on 18 projects of the period of 2016-2019, including 15 transport infrastructure projects.

Tables turned on loan sharks

 VietNamNet Bridge – Loan sharks have a reputation for violence, but the tables got turned on some debt collectors recently.

Viettel installs first trial 5G BTSs in Vietnam

 Telecom provider Viettel last week installed its first trial 5G service base-transceiver station (BTS) in Viet Nam.

Moody's backs Vietnam's strict proposal on unsecured consumer lending

 Viet Nam’s stricter regulations on unsecured consumer lending are credit positive for finance companies, according to a recent credit outlook report released by the credit ratings agency Moody’s Investors Service.

Hanoi prepares for summer water shortages

 Many areas in Hanoi may face water shortages due to forecasted heat waves while demand for clean water would also increase this summer, according to the Centre for Hydro-Meteorological Forecasting.

Couple criticised for nude wedding photos

 A couple from Hanoi have been criticised for nude wedding photos near Tuyen Lam Lake in Da Lat City, Lam Dong Province.

Experts condemn school violence

 Cameras should be installed in all school classrooms to supervise and prevent violence in schools, Colonel Phạm Mạnh Thường, deputy director of the Criminal Police Department under the Ministry of Public Security, has proposed.

Burger King slammed for ‘racist’ ad promoting Vietnamese burger

 Burger King has come under fire for an advertisement that many deemed racist against Asians.

Climate change adaptation – important pillar of Vietnam-Netherlands ties

 The strategic partnership in climate change adaptation and water management continues to be a priority and an important pillar of Vietnam-Netherlands relations, Deputy Prime Minister Trinh Dinh Dung has said. 

Vietnamese Party, State and NA leaders host Dutch Prime Minister

Vietnam is one of the Netherlands’ most important partners in the region, visiting Dutch Prime Minister Mark Rutte told Vietnamese Party General Secretary and President Nguyen Phu Trong. 

Siemens helps Vietnam build smart infrastructure

 Germany’s Siemens AG will help Vietnam build smart infrastructure for sustainable development under a framework agreement on industry and energy cooperation signed between the two sides in Berlin on April 9.

Vietnamese Trade Counselor: benzoic acid still used in some food in Japan

 The benzoic acid additive that Japanese authorities discovered in Chinsu-branded chilli sauce imported from Vietnam is being used in some food in Japan, according to Vietnamese Trade Counselor in Japan Ta Duc Minh.

Vietnam IT outsourcing conference to be held in HCM City

 The Vietnam Information Technology Outsourcing (VNITO) Conference will take place in Ho Chi Minh City from October 23 to 25.

Vietnam, Netherlands agree to lift ties to comprehensive partnership

PM Nguyen Xuan Phuc and his Dutch counterpart Mark Rutte agreed to upgrade Vietnam-Netherlands ties to the comprehensive partnership level during their talks in Hanoi on April 9.