news Vietnam

Update news news Vietnam

Vietnam Culture Festival to be held in Hanoi this week

 The Vietnam Culture Festival is to take place from March 6 to 10 at Thang Long Imperial Citadel in Hanoi.

Low-cost Vietnamese-made cars hit the market

When VinFast, a Vietnamnese automobile manufacturer, announced the plan to make Premium (Pre), or a low-cost product line, many Vietnamese hoped they would be able to buy cars at reasonable prices in the near future.

Derivatives market trading liquidity signals stabilisation

 The liquidity on the derivatives market has shown signs of improvement and stabilising in the past two weeks, beating previous projection that the new trading fees may discourage them from derivative trading.

Vietnam's export of marine products to reach $3.5 billion this year

 Despite likely hurdles, export of marine products is expected to rise by 17 per cent to US$3.5 billion this year, according to the Viet Nam Association of Seafood Exporters and Producers (Vasep).

FTAs to give fillip to medicine imports

 Despite Vietnam’s restrictions on direct drug distribution by international pharmaceutical companies, more foreign-invested enterprises are seeking opportunities in the lucrative local market. 

Malaysia willing to resume search for MH370

 Malaysian Minister of Transport Anthony Loke on March 3 announced that the country will consider resuming the search for the missing plane of Malaysia Airlines flight MH370.

Vietnam attractive destination for foreign investors: JLL real estate firm

 Vietnam has become an attractive destination for foreign investors largely due to the country's policies encouraging FDI, its political stability and strong economic growth, according to the latest report of JLL real estate services firm.

Construction of Van Don-Mong Cai highway set to start this month

 The northern province of Quang Ninh is set on beginning construction of the Van Don-Mong Cai highway in the first quarter of this year. 

HCM City faces social housing shortage

 HCM City has a surplus of houses for relocated residents, but severely lacks social housing.

“Made in Vietnam”: A confusing notion

 The Ministry of Industry and Trade (MIT) has just sent out a warning against risks about foreign companies taking advantage of country of origin (in Vietnam) to reap benefits from their exports to a third nation.

Farm produce exports face RoK’s rigid rules

 Farm produce exports to the Republic of Korea, including those from Vietnam, are subject to the East Asian country’s stringent food safety rules which came into effect at the start of 2019.

Investors see great potential in farm produce processing industry

VietNamNet Bridge - Enterprises are pouring money into farm produce processing projects, targeting the world market of 7.5 billion consumers.

Ao dai festival in HCM City dazzles audience

The sixth ao dai festival kicked off on March 2 at the Nguyen Hue pedestrian street in downtown Ho Chi Minh City.

School preserves ethnic traditional values

 To preserve the traditional culture of ethnic minority people, many schools in the Central Highlands province of Kon Tum have invited artisans to teach gong playing and xoang dances to their pupils.

Peach blossom flowers in Nhat Tan revived after Tet

 The owners of peach blossom in Hanoi’s Nhat Tan are busy collecting and replanting peach blossom stumps which were rented out for Tet holiday. After collecting, the stumps will be used for the following Tet.

Bamboo Airways to expand routes throughout Vietnam

Vietnam’s newest carrier Bamboo Airways is carrying out its plan to conduct flights on 37-40 air routes in 2019 with the aim of expanding its network across Vietnam, according to General Director Dang Tat Thang.

VN stocks to progress on annual meetings season

Vietnamese shares are forecast to advance in March as investors may seize the chance to invest in companies that are about to provide clearer visions for 2019 at their annual shareholder meetings.

Cat Linh-Ha Dong metro ticket rates proposed

 The Hanoi People’s Committee on March 3 proposed subsidised ticket rates on its first metro project – the Cat Linh-Ha Dong elevated railway – when the metro opens for commercial operation next month.

VN needs policies to encourage clean energy development

Vietnam is in the early stages of developing renewable energy sources and needs to introduce more incentive policies to attract more investment, experts have said.

Are state education expenditures used effectively?

Vietnam’s expenditures on education amounts to 20 percent of total budget expenses, a relatively high figure compared with other countries. But education quality will still depend on how the money is used.