Licensing fees for foreign financial institutions rise

 A new fee schedule will apply for the granting of licenses to foreign financial institutions in Vietnam from January 1, 2017.

Causes of traffic jams in Hanoi

 VietNamNet Bridge – The increase of personal vehicles and poor transport infrastructure are the major reasons for traffic congestion in Hanoi and other big cities in Vietnam.

Vietnam’s second dollar billionaire turns up

VietNamNet Bridge - Trinh Van Quyet, president of FLC Group, a real estate developer, is a dollar billionaire. Quyet was born into a poor family. He became a lawyer and then a billionaire. 

Trump raises specter of crisis if Clinton wins the White House

 Republican presidential candidate Donald Trump called Democratic rival Hillary Clinton a threat to the country on Monday, saying that if she is elected a probe into her emails could shadow her entire term in office,

World must join hands to protect Earth’s climate

 VietNamNet Bridge – Vo Tuan Nhan, Deputy Minister of Natural Resources and Environment, spoke to the Vietnam News Agency (VNA) about the country’s efforts to adapt to climate change.

The lost seasons of VN’s macadamia growers

 VietNamNet Bridge – Nguyen Viet Hung, a farmer in Lam Ha District of the Central Highlands Lam Dong Province heaves a sigh with hard-to-conceal disappointment on his face when visiting his macadamia garden.

Hanh Thien village- a unique architectural complex in Nam Dinh

Hanh Thien, a 600 years old village in Nam Dinh, is famous for having a lot of successful laureates. The village still retains traditional architectural value which reflects the wisdom and vision of the village founders hundreds of years ago.

Wooden furniture manufacturers beg for support

VietNamNet Bridge - The HCM City Fine Arts and Woodworking Association predicted that Vietnam may reach $7.6 billion from timber and wooden exports in 2016, an increase of 10 percent compared to 2015. 

Linh Phuoc – the pagoda of records

 VietNamNet Bridge - Linh Phuoc pagoda is located at 120 Tu Phuoc, Ward 11 in the resort city of Da Lat, known as the pagoda of Vietnamese records.

Ethnic minority culture reality to be surveyed

 The Ministry of Culture, Sports, and Tourism (MoCST) will conduct a survey on cultural affairs of 53 Vietnamese ethnic minority groups.

Amata to build high-tech IP in Quang Ninh

 Northern Quang Ninh province has asked the Amata Vietnam Joint Stock Company, owned by Thailand’s Amata Corporation, to begin construction of the first phase of a high-tech industrial park and township complex.

Being opposed, Beijing moves from aggressiveness to talkativeness

We are witnessing a tragedy called the political playground of major countries, especially in the East Sea. So how can small countries struggle against the power that is seeking every way to rise, with the burning hegemonic ambition.

Fresh policies take effect in November

 A series of new policies on land levy, specific allowances for a number of judicial and inspection titles in the Army, assessment of primary pupils shall come into force in November, 2016.

European Commissioner Hogan to visit Vietnam

 European Commissioner for Agriculture and Rural Development Phil Hogan will lead a high-level mission to Vietnam from November 2 to 4 to sound out trade opportunities.

Govt debt to rise to 55% of GDP

 Mai Tien Dung, Minister and Chairman of the Government Office, has defended a proposal for hiking Government debt to no higher than 55% of gross domestic product (GDP).

Bad loans still plague banks

 Sound measures to tackle the country’s mounting bad debts are available, and all it takes is having the guts to employ them, in an effort to systematically solve such issues for the sake of society and the economy.


Equitisation is key to grow economy

 At the World Economic Forum last week, Prime Minister Nguyen Xuan Phuc confirmed the government’s policy to allow foreign investors to engage more in Vietnam’s economy via accelerated equitisation of state-owned enterprises and capital divestments.


Halloween parades in Hanoi and HCM City

 The Halloween parades in Hanoi and Ho Chi Minh City on October 30 attracted thousands of people in a bewildering variety of costumes, from the surreal to the thoroughly gruesome and disgusting.

Quoc Hy wins silver at World Cadets Chess 2016

 Vietnam chess master Nguyen Quoc Hy won a silver medal at the World Cadets U8, U10 and U12 Chess Championships that wrapped up on October 30 in Batumi, Georgia (local time).

VINASA promotes 50 top Vietnamese IT firms globally

 The 50 leading Vietnamese IT companies reportedly earned revenues of VND28 trillion (US$1.2 billion) last year, accounting for 35 per cent of the sales reported by the software and digital content industry.

Uncle Ho artwork finds home at museum

 In a ceremony this afternoon, the Ho Chi Minh Museum received a portrait of President Ho Chi Minh by Algerian-French artist Mustapha Boutadjine.

Floods occur again in Ha Tinh, Quang Binh

 Severe floods are expected as the river water level is rising swiftly in the central Quang Binh and Ha Tinh provinces, which were devastated by historic floods earlier this month.

HCM City programme to enable consumers to check pork origin

 Consumers in HCM City can check the origin of pork they buy under a city project that will be piloted from December 10 this year.

Zika cases in HCM City climb to 17

 The Pasteur Institute in Ho Chi Minh City declared 17 Zika infections in the city as of October 31, all detected by the local disease monitoring system.

International symposium spotlights Vietnam’s earlier stone age

 Domestic and foreign researchers and managers in archaeology gathered in the Central Highlands province of Gia Lai on October 31 to seek ways to promote the value of the archaeological studies of the Paleolithic age.