Germany’s leading insurer Allianz enters Vietnam

 Allianz is expected to bring its digital insurance products and services into Vietnam – a key emerging market and one of the fastest growing economies in Asia, said the group’s executive.

Piggy banks popular in Year of the Pig

 As Tet 2019—the Lunar New Year or the Year of the Pig—is in the air, pottery kilns in Lai Thieu Pottery Village in Binh Duong Province are running in full capacity to fulfill orders for clay piggy banks.

Property investment lending in Vietnam set to be tightened from 2019

 Quality of lending to real estate sector could be rigorously monitored from 2019.

Traditional calligraphy markets open for Tet

 VietNamNet Bridge – As the most important event of the year in Vietnam, Tet (Lunar New Year) offers many traditional customs, including calligraphy.

Iphone assembler Foxconn acquires land worth US$16.5 million in Vietnam’s industrial parks

While Foxconn did not indicate the move was related to orders for Apple, the Taiwanese manufacturer said it was selling on the Vietnamese land rights to a unit of Hong Kong-listed FIT Hon Teng, an iPhone cable and connector maker Foxconn controls.

Vietcombank sells 3% stake to Mizuho Bank, GIC

 The increase in Vietcombank`s charter capital was funded by issuing shares to Japan’s Mizuho Bank and Singapore’s sovereign wealth fund GIC.

Vietnam News Agency asks for protection of reporters

 VietNamNet Bridge – A journalist from Vietnam News Agency (VNA) was attacked by a man armed with a rock hammer while reporting on a story in the northern province of Tuyen Quang.

Ha Giang's deadly speciality

 A special porridge of the H'mong ethnic group in Ha Giang Province is made with the roots of the Aconitum fortunei Hemsl plant which are toxic without proper preparation.

Tet traditions honour Kitchen Gods

 For most Vietnamese, Tet (Lunar New Year) festival has actually begun with the “Ong Cong - Ong Tao” (Land Genie and Kitchen Gods) ceremony on the 23rd of the last month of the lunar year, which falls on January 28 this year.

Vietnam to hold first memory championships in April

 The first Vietnam Memory Championships 2019 will begin with the preliminary selection round on April 20, announced the Vietnam Records Organization (Vietkings).

Vietnam’s cashew industry shaken by extreme weather events

 Unseasonal rains and the bitter cold spell in recent days may result in an outbreak of disease for cashew nut plants in Binh Phuoc province, which is dubbed Vietnam’s cashew capital. 

Who will win the fintech vs bank-pay battle?

At least 1.3 million e-transactions are processed through NAPAS, the national payment system, and commerce banks, on average, each day, according to a report.

Motorbike ban in inner-city areas in Hanoi, HCM City proposed

VietNamNet Bridge - Hanoi and HCM City are considering prohibiting motorbikes from entering inner city areas.

Check-in a picnic site in Binh Dinh having beauty of Jeju Island

 Trung Luong is a picnic camping site with stretched coastline, white sandy beaches, hills and winding ladders along the mountain which will make you feel like you are visiting South Korea.

Vietnam’s agriculture had good results in 2018, but some exports are vulnerable

VietNamNet Bridge - Statistics show satisfactory results for agricultural production in 2018. However, there were ‘dark corners’ that need to be cleared, experts say.

Online gambling ring broken in Haiphong

 Haiphong City police arrested members of an online gambling ring working at three branches of the Long Nguyen Binh game chain in the city, Le Hong Thang, head of PC02, told local media yesterday.

Former HCMC vice chairman gets another State asset mismanagement charge

 Nguyen Thanh Tai, former permanent vice chairman of the HCMC People’s Committee in the 2011-2015 tenure, was again charged with alleged violations of regulations on the management of State assets at a public music center.

Metro train cars to be shipped to HCMC in Q1

 Train cars for the Ben Thanh-Suoi Tien metro line in HCMC will be transported to Vietnam from Japan during the first quarter of 2019. 

Goat hotpot

 “Lau De” (goat hotpot) is quite famous in Vietnam for its nutritional value and appetising flavour. 

Concerns raised following record motorbike sales in Vietnam

Against all predictions about the market saturation, motorbike sales in Vietnam in 2018 hit a record high of 3.4 million units, breaking the sales record set seven years ago.

 

Forest flower blooms signal start of spring in the Northwest

Forest flowers bloom, signaling the coming of spring in the Northwestern villages. 

Vietnam to spend VND5 trillion to stop ‘black credit’

The VND5 trillion credit package initiated by the State Bank (SBV) will be ineffective if it is not managed well, analysts warn.

Sewer project badly affects hotels in Sapa

 Many hotels in the tourist town of Sapa have complained about their operations being badly affected by a sewage upgrade project which has been stagnant for months.

High-speed boats launched to Con Dao Island

 Four high-speed boats running between HCM City and Con Dao Island in Ba Ria-Vung Tau Province will be launched this year to boost tourism.

Lunar New Year sparks demand for cars

 The Vietnamese habit of making big-ticket purchases ahead of Lunar New Year has sparked off huge demand for cars in recent weeks.