Location-based FiT proposed from July

The Ministry of Industry and Trade of Vietnam has just released an updated draft on encouraging development of solar power projects in Vietnam. 

Local FMCG expected to grow by 5-6% this year: Kantar Worldpanel

The Vietnamese fast-moving consumer goods market is lagging in major cities, but growth remains robust in rural areas, where the market seems to have regained its momentum to see 5-6% year-on-year growth in 2019.

Q1 target appears difficult to achieve

The gross domestic product (GDP) growth rate in the first quarter of this year is lower than the low growth scenario of 6.76%, Sai Gon Gai Phong news site reported, citing the Ministry of Planning and Investment.

No grounds to reduce former VTC chairman’s sentence in gambling ring

 There are insufficient grounds for the Hanoi Superior People’s Court to reduce the prison sentence of Phan Sao Nam, former chairman of local online game firm VTC Online.

Danang aims to create signature product to attract tourists

 Danang City's tourism insiders have proposed the municipal authorities to facilitate the development of a signature tourism product to attract more tourists to the city.

Lending rate for social-home loans rises to 5%

 The annual preferential interest rate at designated credit institutions for social housing loans has risen to 5%, up 0.2 percentage point year-on-year, according to a decision by the Prime Minister.

Local seafood importers paralyzed by quarantine regulation

 Local seafood importers are facing trouble with production due to many tuna containers being held at ports, as a result of a regulation issued by the Ministry of Agriculture and Rural Development on the quarantine of animals and seafood.

50 local tour operators no longer eligible for Taiwan’s Kuan Hung visa program

The number of Vietnamese tour operators eligible to participate in the Kuan Hung visa program has now fallen by half to 57, according to the Taiwanese Tourism Bureau.

Thua Thien-Hue’s inter-hospital red alert saves French man

 The Central Hospital in Thua Thien – Hue yesterday announced its physicians had saved the life of a French man suffering from chest pain due to myocardial infarction thanks to the inter-hospital red alert.

Railway corridor connecting Vietnam to Europe starts operation

The corridor would help reduce the time for goods delivery from Vietnam and ASEAN countries to Europe, and also a good alternative to maritime transport. 

450 artifacts of VN-US people’s diplomacy meeting in 1965 return to Vietnam

 US lawyer Nancy Hollander also shared memory about the first people-to-people diplomacy meeting between Vietnam and the US in 1965.

Events in Hanoi this weekend

 Interesting events wait for you this weekend in Hanoi and here are our recommendations.

France, Romania pledge early signing of EU-Vietnam FTA

 Romania and France have pledged to promote the early signing of the Free Trade Agreement (FTA) and the Investment Protection Agreement (IPA) between the European Union (EU) and Vietnam.

VN, US to introduce White Book on trade ties

 The US Chamber of Commerce is now coordinating with Vietnamese ministries and agencies and the Viet Nam Chamber of Commerce and Industry (VCCI) to introduce a White book on the future of the two countries’ trade ties.

Vietnam's Central Highlands faces water scarcity

 Although the dry season has yet to reach its peak, many reservoirs in the Central Highlands have recorded seriously receded water levels, leading to water scarcity for agriculture.

Top destinations for a relaxing break in Quy Nhon

Quy Nhon City in the central province of Binh Dinh is home to many beautiful beaches and tons of tourist attractions, attracting a large number of tourists.

Social start-up seeks to help people with disabilities

Vulcan Augmetics, a start-up that produces modular, affordable prosthetics, has won the first Viet Nam Blue Venture Award, which honours social entrepreneurs who aspire to make a positive change in society and spread the message 

Transport Minister requires tightening issuance of driving licences

 Minister of Transport Nguyen Van The has asked the Directorate for Roads of Vietnam to outline measures to improve the quality of training, testing and issuing driving licences.

Logging on to e-commerce

 Figures show that online shopping has already reached 60 per cent of the Vietnamese population in 2019 so far, dominated by only a handful of e-commerce websites and social media pages. 

FPT appoints new CEO

 FPT’s Board of Directors has appointed Mr. Nguyen Van Khoa, Executive Vice President of the FPT Corporation and CEO of FPT Information System (FPT IS), as the new CEO of the FPT Corporation.

Gia Lai hosts National U19 Football Championship

 A traditional art performance & exchange programme between Dak Lak and Jeollabuk province was held in Buon Ma Thuot city, Dak Lak province, on the evening of March 8, with the theme “Friendship Melody”.

All North-South trains to be installed with wifi in 2019

 Vietnam Railways (VNR) will install wireless Internet on all North-South trains in 2019 in a bid to improve its service quality.

Vietnam’s central bank takes measures to curb illicit lending

 The State Bank of Vietnam (SBV) has said it will direct banks to increase their agricultural and rural lending in order to prevent black-market lending, which has been the source of scores of criminal cases in recent years.

Korean investment continues its uptrend in Vietnam

The Republic of Korea (RoK) continues to be the largest foreign investor in Vietnam thus far, making it a big investment success story in the country, Thu Ha reports.

Indian billionaire couple hold wedding party in Phu Quoc

A magnificent wedding party by an Indian billionaire couple, which lasts for seven days, is being held at the 5-star resort JW Marriott in An Thoi town, Phu Quoc Island district, Kien Giang province.