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Commercial banks quietly raising interests rates after Tet Holiday

 A few days after the Tet Holiday, numerous commercial banks silently raised interest rates due to liquidity-related issues, the whopping demand for capital, and the great competition among Vietnam-based commercial banks.

Wood industry sets $10 billion export value target

 Besides the certain achievements of wood industry last years, and new opportunities coming from Law on Forestry and free trade agreements, there are various difficulties and challenges this industry has to overcome to reach the target set forth.  

The young people who save thousands of uncared for dogs, cats

VietNamNet Bridge - The Center of Pet Animal Protections and Studies (CPAPS) is a familiar name to many animal lovers, especially young people. 

Global powerhouses to back circular economy

Vietnam’s ambition to build a circular economy – aimed at combating pollution and achieving more sustainable development by reusing and recycling defunct products – has attracted the participation of several foreign firms. 

President Tran Dai Quang concludes India, Bangladesh visits

 President Tran Dai Quang, his spouse and a high-ranking delegation arrived in Hanoi on March 6 night, successfully wrapping up their State visits to India and Bangladesh from March 2-6. 

Prime Minister urges stronger efforts to build e-Government

 The Government is urging ministries, sectors and localities to accelerate the development and application of information technology and the building of an e-Government.

President Tran Dai Quang urges firms of VN, Bangladesh to create impetus for trade ties

 President Tran Dai Quang has urged the business circles of Vietnam and Bangladesh to devise innovation ideas, thus creating new momentum for stronger trade and investment links between the two countries. 

CPTPP signing slated for March 8 in Chile

 The Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) scheduled to be inked by ministers of the 11 member countries in Chile on March 8.

Aviation authority orders evaluation of security work at airports

The Civil Aviation Authority of Vietnam has requested the Airports Corporation of Vietnam conduct evaluation of security work at all airports nationwide following a recent incident at Vinh international airport. 

US Navy officers visit Da Nang’s centre for mentally ill patients

 Members of US Navy ships and aircraft carrier USS Carl Vinson visited the Da Nang Nursing Centre for the Mentally Ill on March 6, as part of their first-ever trip to the central city.

Quang Binh calls for investment in renewable energy

 The central coastal province of Quang Binh is calling for domestic and foreign investment in renewable energy, especially solar and wind power.

PV Power starts trading shares on UPCoM

PetroVietnam Power Corporation (PV Power), the second largest state-run electricity producer in Vietnam, started trading its shares on the Unlisted Public Company Market (UPCoM) on March 6.

Vietnam’s foreign reserves hit largest scale ever

 Over the span of 2017 and the first two months of 2018, Vietnam’s foreign reserves stood at $57.5 billion, six times higher than in 2015, officially attaining the largest scale in the history of the country’s foreign exchange reserves.

Waves of objections against Vietcombank's service fee rise

 In early March, Vietcombank officially announced adjusting its service fee, especially fees for online bank transactions.

Listed domestic real estate firms swimming in huge profits in 2017

Over the course of 2017, 59 large-scale domestic real estate firms which were listed on the Vietnamese bourse were reported to have inundating profits totalling at VND155.093 trillion ($6.8 billion), up 39 per cent against 2016.

Asian gold medalist Huyen retires from competition

 VietNamNet Bridge – Vietnam’s Asian gold medalist, Nguyen Thi Huyen has decided to retire from competition to have a baby.

Mine declines: Good news for sustainability

 Statistics from the General Statistics Office of Viet Nam (GSO) showed that the mining industry has posted a record slump since 2011, with the growth rate dropping by 7.1 per cent in 2017 and 4 per cent in 2016. 

HCM City anticipates increasing foreign capital inflows

 In 2018, the Ho Chi Minh City real estate sector is expected to attract significant foreign capital inflows thanks to a vibrant market, new legal framework, new high-quality supply, and easier access to bank loans.

Song Lam Nghe An expects third win

 VietNamNet Bridge – Song Lam Nghe An will not have its best players for today’s match against Persija Jakarta at the AFC Cup but the Vietnamese team still wants three points.

Parkson’s demise and the rise of competitors

Parkson’s demise in Vietnam marks an important transition in the retail sector due to changing shopping behaviours and the rise of shopping malls invested by competitors like Lotte, AEON Mall, and Vincom.