Digitalization – the best way to help Vietnam obtain SDGs, UNDP says

Digitalization has brought numerous changes in Vietnam since the first Internet connection in 1997, enabling the country to obtain a series of socio-economic achievements, mostly the sustainable development goals.

Vietnamese, Philippine police work on trans-national drug trafficking case

The police of Vietnam and the Philippines have worked together on the trans-national case trafficking 300 kilos of drugs in Vietnam and seized 276 kilos more in the Philippines.

Pensioner dies, six rescued from five-storey house fire

 VietNamNet Bridge – A 72-year-old man died while six members of his family were rescued from a fire at their home in Hanoi’s Phu Xuyen Town on Sunday afternoon.

Vietnam targets $5 bln in veggie, fruit export value by 2020

 Boasting 1.8 million hectares of fruit and vegetable plantation, with many various zones applied advanced technologies into production, Vietnam aims to gain 5 billion USD from farm produce exports by 2020.

ABB FIA Formula E Championship: Racing for the future

 In the context of increasingly serious environmental pollution, the development of green technology in the production of cars and motorcycles is the optimal choice to limit fossil fuel consumption and reduce emissions. 

Woowa wants to waylay food apps

 With its significant financial potential, technology, and customer base,  newcomer Woowa Brothers hopes to break the dominance of GrabFood, Now, and Go-Food in the Vietnamese food delivery market. 

Local airlines reconsider Boeing 737 MAX orders

 Vietnamese airlines may have to give up their intentions of purchasing hundreds of Boeing-made aircraft due to the controversy surrounding two recent crashes which killed hundreds of people.

The Face 2018 winner Trung Kien models in Seoul Fashion Week

Mac Trung Kien, winner of The Face Vietnam 2018, recently took to the catwalk alongside a number of other foreign models during Seoul Fashion Week, which is currently underway in the Republic of Korea.

Parents say there are too many “useless” competitions for students

VietNamNet Bridge - Huynh Thanh Hoa, a media executive at an ad firm in Hanoi, has not worked extra hours recently, even though her firm is preparing for a big event to take place in two weeks.

Da Lat beautiful in pink

Every year in January and February, Dalat City in the Central Highlands province of Lam Dong is blanketed by the pink of sour cherry flowers (Prunus cerasoides), or mai anh dao in Vietnamese, which is a harbinger of spring.

1858-60 fight: a history of the country’s defence in retrospect

 VietNamNet Bridge – Da Nang has been voted one of the best cities to live in throughout Vietnam. People around the world arrive to walk along its beaches and enjoy the streets of the nearby ancient city of Hoi An. 

Global trade opens to VN companies

 Upon the entry into force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, great opportunities for Vietnam will usher in export and import market expansion, as well as an ease in rule of origin. 

Masan bids adieu to $217.39 million capitalisation

 Masan lost VND5 trillion ($217.39 million) capitalisation due to a draft introducing new standards for fish sauce, which many producers find impossible to surmount.

BUSINESS NEWS IN BRIEF 25/3

Vietnam ride-hailing app FastGo to hit Singapore streets, World city residential index pins hopes on Vietnamese market, HCM City transport authorities, firms discuss problems at dialogue

Valuable trees illegally cut down at Hoa Binh reserve

 Dozens of valuable trees have been illegally logged at a nature reserve in the northern province of Hoa Binh.

Nha Trang hotels violate construction, fire control regulations

 Authorities of the southern-central province of Khanh Hoa have announced a list of 21 hotels guilty of violations.

HCM City tightens control over illegal city centre parking

 Police in HCM City's District 1 worked overnight to deal with illegal parking on March 24-25.

Ninh Thuan Grape Festival 2019 promises various activities

 The Ninh Thuan Grape Festival which will be held from April 26 to May 2 is expected to attract hundreds of visitors and promote the culture and viniculture of Ninh Thuan Province.

Eximbank announces new Chairwoman of Board of Directors

Vietnam Export-Import Bank (Eximbank) announced on March 22 that it appointed Luong Thi Cam Tu, a board member of Eximbank, as the new Chairwoman of the Eximbank’s Board of Directors in the 2015-2020 tenure.

Father kills newborn son over family quarrel

 A father in the central province of Nghe An has been arrested after throwing his seven-day-old son into a well which led to the baby's death.

New policy to speed up bad debt settlement

 The central bank is drafting a new circular regulating credit institutions’ trading and handling of non-performing loans (NPL) with the aim of forcing the institutions to focus more on bad debt settlement.

VN companies urged to prepare for US-China trade war impacts

 With trade protectionism increasing, Vietnamese companies should prepare for trade-related lawsuits and disputes but also capitalise on possible opportunities from the ongoing US-China trade war, a top trade remedy official has said.

HCM City solicits foreign-invested firms’ support to develop economy

 HCM City has called on foreign-owned enterprises to further contribute to its development by sharing their experience, ideas and technologies as well as investing in large projects.

Central bank hands banks fait accompli: increase non-interest income

 VietNamNet Bridge – In 2019 the State Bank of Viet Nam has set a credit growth target for the banking sector of 14 per cent, lower than the rates of 18 per cent in 2017 and 17 per cent in 2018.

Plastic bags in traditional markets challenge environment

The National Strategy on Environment Protection aims to cut plastic bag use in traditional markets in half by 2020. However, the goal is difficult due to numerous factors.