Vietnam prepares to avoid commercial disputes on environmental regulations

Vietnam’s membership in free trade agreements is expected to bring big economic development opportunities to Vietnam. However, experts have warned of the challenges Vietnam will face as it has to observe commitments on environmental protection,

Vietnam to ban toxic weed killer

 Head of the Plant Protection Department Hoang Trung affirmed at a yesterday press brief that Vietnam will ban the use of glyphosate.

Vietnamese platforms among most visited e-commerce sites in region

 Among the top 10 most successful e-commerce platforms in Southeast Asia in 2018, based on average monthly web traffic, five operate in Vietnam - Lazada, Shopee, Tiki, Thegioididong and Sendo, according to new findings from iPrice research.

Vietnam prepares to avoid commercial disputes on environmental regulations

VietNamNet Bridge - Vietnam’s membership in free trade agreements (FTAs) is expected to bring big economic development opportunities to Vietnam. 

National Drama Theatre introduces Vietnamese traditional culture to the world

A delegation of artists from the Vietnam National Drama Theatre, led by Meritorious Artist Xuan Bac, have gone on a tour to European countries to serve Overseas Vietnamese.

Reasons to make Vietnam car finance market post record growth by 2023

 Growing middle class is picked up among reasons attributed to the record growth of nearly US$6 billion by the year.

Tan Phong Islet – A tranquil oasis in Tien Giang

VietNamNet Bridge – Tan Phong Islet in Cai Lai District, Tien Giang Province, is located on Tien River. Boasting a tranquil atmosphere, the islet is an ideal get-away destination for tourists.

 

 

Exploring pristine Bai Trang beach in Phan Rang

Located about 30km away from Phan Rang city, Bai Trang beach in the southern central province of Ninh Thuan is a popular attraction for visitors due to the beach’s pristine and unspoiled quality.

 

Reasons to make Vietnam car finance market post record growth by 2023

Vietnam’s car finance market is projected to reach more than VND135 trillion (US$5.87 billion) credit disbursed by the end of 2023 thanks to stronger purchasing power of middle class, lower interest rates.

Vietnamese platforms among most visited e-commerce sites in region

Among the top 10 most successful e-commerce platforms in Southeast Asia in 2018, five operate in Vietnam - Lazada, Shopee, Tiki, Thegioididong and Sendo, according to new findings from iPrice research.

 

BUSINESS NEWS IN BRIEF 7/4

Forestry product exports pick up 18 percent in Q1, Exports help push up trade surplus in first quarter, Exports help push up trade surplus in first quarter, Q1 retail revenue reaches US$50 billion

 

Tax collections from online content creators remain challenging

An increasing number of Vietnamese YouTubers, such as the short-lived ‘idol’ Ngo Ba Kha alias Kha Banh, earn large amounts of money from the social network but some YouTubers might be trying to evade their personal income tax.

 

Vietnam’s GDP forecast to expand in Q2 at same pace as in Q1

Vietnam’s GDP of the second quarter will likely grow at the same pace as the first quarter at 6.79% year-on-year, according to Viet Dragon Securities Company (VDSC). 

 

Van Don property market in Quang Ninh ‘scorching hot’

VietNamNet Bridge - The real estate prices in Van Don in Quang Ninh province began escalating after Tet in February, when transactions resumed. 

 

New tech and incentives helping to reduce costs

Vietnam’s Strategy for Renewable Energy Development hopes to triple the output of electricity produced from renewable sources from 58 billion kilowatts per hour (kWh) in 2015 to 186 billion kWh by 2030.

Japan investors' growing interest in Vietnam banks comes natural

Japanese corporations’ rising interest in Vietnam’s banking sector is a natural process, which stretched back for the last ten years, experts told Hanoitimes. 

 

Airport expansion imperative

VietNamNet Bridge – Dinh Viet Thang, director general of the ACV, talks to Tuổi Trẻ (Youth) newspaper about the need to expand airport services.

 

East Ho Chi Minh City residential segment leads the market in 2019

Despite a remarkable decrease of new supply in the rest of 2019, the east of Ho Chi Minh City remains one of the most popular areas among buyers, according to experts.

 

Vietnamese firms encounter numerous trade barriers in US market

There have been 120 trade remedy cases which are mainly antidumping and anti-subsidy against Vietnamese exports by the US, the EU, India, Turkey and Canada by March this year.

Japanese-made amphibious vehicles to enter Vietnam

VietNamNet Bridge - Car dealers say they are preparing to distribute amphibious vehicles made in Japan, though they are unsure about domestic demand.

 

Surge in woodwork exports Stateside raises concerns

Although Vietnam’s wood and wooden product exports to the US in Q1 increased by over 34% year-on-year, insiders have expressed concern over tighter control measures potentially being applied to Vietnamese imports.

The Model PPA shall be applied compulsorily

The Ministry of Industry and Trade’s (MoIT) Circular No.02/2019/TT-BCT, which took effect in late February 2019, provides a revised model power purchase agreement applicable to grid-connected wind power projects in Vietnam. 

What are the real estate trends in 2019?

Despite ­facing challenges, the real estate ­market in 2019 is expected to continue on an upward trend, say both experts and ­investors.

 

 

Southern region plans to grow other crops on low-yield rice fields

The Mekong Delta and the south-eastern region plan to grow other crops on more than 126,300ha of low-yield rice fields this year as a means of adapting to climate change and improving farmers’ incomes.

 

Ho Chi Minh Stock Exchange to help foreign investors

In 2019, the HoSE will work on a special mechanism that allows foreign investors to trade shares of companies that have run out of room for foreign ownership, especially investors from Thailand, Malaysia and Japan.