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Vinaconex officials on trial for Da River water pipeline breaks

 Nine Vinaconex officials have been on a 10-day trial starting by Hanoi People's Court from March 5 following the Da River water pipeline’s 18 major water leaks caused by low-quality construction.

Retail stores lose out to convenience stores

 Small retail stores in HCM City are losing customers as convenience stores have boomed in the recent years.

Acquisition threat real for Vietnam's FMCG brands

 The Sa Giang Import and Export Joint Stock Company has reported a net profit of VNĐ30.5 billion ($1.34 million) on a turnover of VNĐ290.7 billion (US$12.8 million) last year.

Techcombank to sell treasury shares to foreign investors

 Vietnam Technological and Commercial Joint Stock Bank (Techcombank) plans to sell more than 158 treasury shares to foreign investors.

Saigon Heat hits eighth win at ABL

 Saigon Heat are close to assuring a spot in the play-off round after defeating the CLS Knights of Indonesia 114-86 in the Asian Basketball League, while playing at home on Saturday in HCM City.

Vingroup to join in higher education

 The property developer Vingroup has officially announced its plan to join in the field of higher education by establishing VinUni University (VinUni).

Hailstorms destroy crops, houses in Ha Giang

Tens of houses and several hectares of vegetable crops in the northern mountain province of Ha Giang were reportedly damaged in hailstorms on Sunday. 

Banks need to recruit more employees to expand

 Many banks throughout the country need to recruit more employees for their newly opened branches this year or to replace staff members who quit their jobs before the Lunar New Year (Tet) holiday.

First duty-free ASEAN cars arrive in Vietnam

 Over 2,000 Honda cars from Thailand - the first batches of cars to enjoy zero percent import duty under the ASEAN Free Trade Agreement (AFTA) have been imported to Vietnam.

Vietnam officials visit US aircraft carrier

 An inter-sectoral official delegation from Vietnam visited US aircraft carrier USS Carl Vinson on March 3-4 when the ship passed through the international waters near the country’s coast.

Trading on derivatives market sets several records in Feb

 Trading volume on the derivatives market reached a record high in February since it started operating in August 2018, the Hanoi Stock Exchange (HNX) said.

VN-Index looks set to approach new peak

 Although the VN-Index didn’t hit the short-term target of 1,130 points last week as expected, it has nevertheless maintained its upward trend and is forecast to open next week’s session with positive status.

Environment protection campaign launched nationwide

 The Ho Chi Minh Communist Youth Union has launched a five-month “Green Sundays” campaign to raise awareness of environmental protection nationwide, particularly in crowded residential areas, factories, agencies and schools.

Banks adjust service fees to boost retail banking segment

 Commercial banks have adjusted their service fees to individual customers since the beginning of the year in order to focus on the retail segment.

Gac Ma soldiers commemorated at Tokyo requiem

The Vietnamese Buddhist Association in Japan held a requiem at Nisshikutsu pagoda in Tokyo on March 4 to pray for the soldiers who died to defend Gac Ma (Johnson South) Reef in Vietnam’s Truong Sa (Spratly) archipelago three decades ago.

Vietnam likely to export 6.5 million tonnes of rice in 2018

 Vietnam may export 6.5 million tonnes of rice in 2018, according to Deputy Minister of Agriculture and Rural Development Ha Cong Tuan.

Bangladeshi newspaper highlights Vietnamese President’s visit

Bangladesh’s daily English-language newspaper The Daily Star has carried several articles emphasising the importance of Vietnamese President Tran Dai Quang’s three-day State visit to Bangladesh from March 4.

Retail market forecast to grow fast

 Vietnam’s retail market is expected to grow fast to meet strong increases in shopping and recreational demand from 2018 – 2021, said Pham Thai Binh, Head of Retail Leasing Savills Ho Chi Minh City.

Quang Tri to build $26mil. hydropower plant

 The People’s Committee of the central province of Quang Tri has decided to build a hydropower plant worth nearly 600 billion VND ($26.4 million) in Huong Hoa district.

Vietnamese youths to join army this month

Tens of thousands of young people nationwide say goodbye to their families and friends to join the military service in ceremonies held across the country from March 3 to 7.