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Bubble tea, a gold mine attracting investors

Investors are flocking into the bubble tea market since demand is booming across the country.

Vietnam stands out as beneficiary from US-China trade war

 International experts have questioned which countries would likely be the beneficiaries of the trade war between the US and China and Vietnam remains the pointed one so far.  

Thousands line up to for multi-entry visa to South Korea

Thousands of people have lined up outside the South Korean Consulate General in Hanoi after it was announced that Vietnamese citizens could get five-year multi-entry visas.

India initiates anti-dumping probe into aluminium-, zinc-coated flat products from Vietnam

 India has initiated an anti-dumping investigation into imports of flat-rolled steel products plated or coated with aluminium or zinc originating in or exported from three countries, Viet Nam, China and South Korea.

Vietnam’s exports to CPTPP countries surge

Viet Nam’s exports to member countries of the CPTPP were expected to increase strongly through now to 2030, reaching 25 per cent of the country’s total exports, according to the Ministry of Industry and Trade.

Vietnam’s football team to play Curacao at King’s Cup 2019

 Vietnam’s national football team are set to face off against Curacao, a representative from CONCACAF, at the 2019 King’s Cup international tournament.

State funeral to be held for Ho Chi Minh Trail general

 A state-level funeral will be held on April 10 for Lt. Gen. Dong Sy Nguyen, former Vice Chairman of the Ministers’ Council and former Commander of Truong Son Corps, who passed away on April 4.

ACV gets further support for terminal investment at TSN Airport

 The Commission for the Management of State Capital at Enterprises has thrown its support behind Airports Corporation of Vietnam (ACV) as the investor in the T3 passenger terminal project at Tan Son Nhat International Airport in HCMC.

VN statistics office partners with IMF to re-evaluate Vietnam’s economic scale

 The General Statistics Office (GSO) and the International Monetary Fund (IMF) are working together toreview the methods to evaluate the Gross Domestic Product (GDP) scale of Vietnam.

Vinashin ex-leaders prosecuted for abusing position, power

 Four former leaders of the State-run Vietnam Shipbuilding Industry Group (Vinashin), now the Shipbuilding Industry Corporation (SBIC), have been charged with “abusing position and power to appropriate assets”.

Underground water polluted because of mismanagement

VietNamNet Bridge - The news about land subsidence in the western provinces of the southern region has once again rung the alarm over the exploitation of underground water.

Foreign banks in Vietnam raise chartered capital

VietNamNet Bridge - Both Vietnamese and foreign banks are rushing to raise their chartered capital to satisfy the requirements of Basel II.

Hanoi: Property transactions in some districts on the up in Q1

 Transactions on the property market in the districts of Dong Anh, Gia Lam, Hoai Duc and Thanh Tri posted an uptrend in the first quarter of this year though Ha Noi saw an overall reduction on the market, according to Savills Viet Nam in the capital.

South Korean investors solidify foothold in Vietnam through M&A

 High growth potentials of the Vietnamese market has urged South Korean investors to make more merger and acquisition (M&A) deals with local firms to optimize business opportunities.

Hundreds of vintage vehicles showcased at Dam Sen Park

 Hundreds of vintage cars and motorbikes are being showcased at Dam Sen Park in HCMC.

More underground reservoirs proposed in HCMC

 The HCMC Steering Center of the Urban Flood Control Program has proposed the municipal government execute a project to build underground antiflood reservoirs using Crosswave technology at flood-prone sites in HCMC.

Incentives should be applied to hi-tech projects’ locally executed stages: ministry

 The Government’s preferential policies should be extended to stages of a hi-tech project conducted only in Vietnam instead of to the entire project, according to the Ministry of Planning and Investment.

Experts debate keeping or removing large sand island off Hoi An coast

 A group of experts from the Ministry of Rural Agriculture and Development is debating whether to keep or remove a 15-hectare sand island that recently emerges around 1.5 kilometers off the coast of Hoi An City.

Scorching weather expected to hit Vietnam

A sizzling hot spell is forecast to hit the whole country in the next few days, with the highest temperatures reaching 38-39 degrees Celsius, Sai Gon Giai Phong newspaper reported.

First international air route launched in Can Tho

 After 10 years of operations since 2009, Can Tho International Airport has seen an international air route being put into service for the first time. The route links the Mekong Delta city of Can Tho and Kuala Lumpur in Malaysia.