VN Central Bank resumes net injection to ease liquidity pressure

The State Bank of Vietnam has resumed open market operations for the first time since Tet (Lunar New Year) to improve liquidity in the banking system.

 

Why does Vietnam lag behind?

VietNamNet Bridge - Vietnam is economically lagging behind other countries in the region and in the world. There is a big gap in GDP per capita between Vietnam and other countries, which makes it difficult for Vietnam to catch up with them.

 

Lagging behind is no longer a ‘risk’ for Vietnam

VietNamNet Bridge - One of the topics discussed at the first Vietnam Reform and Development Forum (VRDF), a meeting between the government and donors held recently, was the lag of Vietnam’s economy behind other countries.

 

First shrimp online transaction floor debuts

 Vietnam’s first shrimp online transaction floor made its first public appearance in the Mekong Delta city of Can Tho on April 5, helping farmers get the highest possible prices for their product and updates on the cultivation and trade.

Foreign investors set their sights on poorly-performing banks

 Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry.

NA leader heads to Qatar for 140th IPU Assembly

NA Chairwoman Nguyen Thi Kim Ngan concluded her working visit to the European Parliament and left Brussels, Belgium, for Doha, Qatar, on April 6 morning to attend the 140th Assembly of the Inter-Parliamentary Union (IPU -140) and related meetings.

Overseas businessmen, intellectuals pool ideas to build innovative HCM City

HCMC authorities and the committee for overseas Vietnamese today held a meeting in the city to discuss how to build the country’s southern hub into a regional innovative urban and financial centre.

Tourism growth helps boost real estate expansion: insiders

 The development of the tourism sector has helped attracting investment in tourism real estate, while encouraging investors to diversify their projects, products and services, held experts at the Tourism Property Forum 2019 on April 6.

HCM City-based university listed in University Impact Rankings 2019

 Ton Duc Thang University in Ho Chi Minh City has become the only Vietnamese educational institution named in the Times Higher Education University Impact Rankings 2019.

Vietnamese Embassy on Seoul opens hotline amid Goseong fire

 Vietnamese Embassy in Seoul has opened a hotline +821020196869 to provide necessary assistance for Vietnamese nationals in the Republic of Korea (RoK) following eruption of forest fire in Goseong, Gangwon Province.

Hanoi to consider petitioning for compensation of US$81 million

Regarding the compensation value of US$81 million requested by the contractor, the leaders of the Hanoi Urban Railway Management Board denied that the loss was incurred by the delayed land clearance and disbursement.

Hanoi and Japan’s Fukuoka cooperate on environmental protection

 Hanoi and Japan’s Fukuoka prefecture will exchange experiences, research and apply the technology for rare-earth waste dumps in Fukuoka to small and medium-sized landfills in Hanoi city.

Hanoi and Japan’s Fukuoka cooperate on environmental protection

Hanoi and Japan’s Fukuoka prefecture will exchange experiences, research and apply the technology for rare-earth waste dumps in Fukuoka to small and medium-sized landfills in Hanoi city.

Vietnam spends over US$47 million per day paying debt

 Vietnam recorded a budget surplus of VND66 trillion (US$2.84 billion) in the first quarter, indicating a sharp improvement from a budget surplus of VND18.48 trillion (US$797.02 million) in the same period of 2018.

Prime Minister requests strict punishment for school violence

 At an annual governmental session yesterday, Vietnamese Prime Minister Nguyen Xuan Phuc requested a strict punishment for school violence following some cases in the country.

Garlic season in Ly Son

 Arriving in Ly Son Island, Quang Ngai province in the last days of March, visitors can feel the lively atmosphere of the "kingdom" of garlic during the only harvest season of the year.

Events in Hanoi-HCMC on April 8-14

A selection of noteworthy artistic and cultural events to take place in Hanoi and Ho Chi Minh City.

Vietnam to attend int’l U18 football tournament in Hong Kong

 Twenty-eight players have been summoned to the Vietnamese U18 team by head coach Hoang Anh Tuan in preparation for the upcoming 2019 International U18 Football Tournament in Hong Kong (China).

Painter Somsak Chaituch showcases works in Vietnam

 Somsak Chaituch, a well-known Thai painter, launched his exhibition named ‘Dreamland’ at Ho Chi Minh City Fine Art Museum, on April 4.

Rooftop solar power can be game changing

 Vietnam’s rapid GDP growth and accelerated development as a global manufacturing hub is creating an anticipated infrastructure problem, which is a growing power demand-supply gap.

Vietnamese traditional culture festival opens in Hanoi

The Vietnamese Traditional Culture Festival and International Cultural Exchange, themed ‘Bright Thang Long’, officially opened on April 5 at the Thang Long Imperial Citadel in Hanoi.

Corporate bonds give bank deposits a run for their money

 A question being asked by many experts now is why banks are joining a race to increase deposit interest rates though there is no ostensible liquidity shortage.

Overseas developers heat up market

The foreign capital flows into the Vietnamese real estate sector since the beginning of 2019 remain on pace as the second-most attractive after manufacturing and processing, thanks to a climb in interest from overseas investors. 

Wind power barriers need removing

 Vietnam’s latest and most comprehensive regulation on wind power development is expected to leave much room for improvement. 

Wooden furniture producers prefer outsourcing, reluctant to build brands

VietNamNet Bridge - Vietnam is a big woodwork exporter, but products are labeled as foreign made, with few local brands.