news Vietnam

Update news news Vietnam

H’Hen Nie and Phuong Khanh make Timeless Beauty Top 10 by Missosology

H’Hen Nie and Phuong Khanh have been named as the only two Vietnamese representatives among the Top 10 finalists of the Timeless Beauty award by Missosology.

Bank proposes 4.8 percent interest for social housing loans

The Vietnam Bank for Social Policies has submitted proposals to the PM on the interest rates for preferential loans to rent and buy social housing or build, upgrade, and repair houses in 2019, with the suggested annual rate of 4.8 percent.

Developers welcome BT movements

 Developers have praised a new resolution on pushing ahead build-transfer projects which stalled over the last eight months due to review under a ban issued by the Ministry of Finance.

PM agrees to the use of telecommunication accounts for payment

 Prime Minister Nguyen Xuan Phuc said the Government had agreed to pilot the use of mobile phone accounts to pay for goods and services.

Bitter pill to swallow for pharmaceutical investors

 Pharmaceutical stocks could be a bad bet this year, as the firms are set to report slower earnings growth for 2018.

2019 Tet average bonus increases countrywide

 Workers around the country are enjoying higher Tet (Lunar New Year) bonuses than last year, with the highest amount awarded to an employee reaching as much as VNĐ1.17 billion (US$50,300), according to official figures.

A year pioneering and innovation

The Ministry of Planning and Investment has affirmed its position as the pioneer in innovation through providing advice and crafting policies, contributing to socioeconomic development and the improvement of the country’s business climate.

VPA to facilitate wood exports to EU

The upcoming adoption of the Forest Law Enforcement, Governance and Trade Voluntary Partnership Agreement between Vietnam and the EU will help Vietnam both attract more European investment and boost its wood product exports to the EU.

Foreign firms ready to leap on logistics growth

 Increasing investment by foreign services providers is transforming Vietnam’s transport and logistics industries, with enforcement of free trade agreements expected to promote further cross-border trade. 

Vietnam-Africa trade reaches $6.6 billion in 2018

 Bilateral trade between Vietnam and African nations hit 6.6 billion USD in 2018, with Vietnam’s exports worth 3 billion USD, up 10 percent from the previous year.

Retailers worry about competition from online channels

VietNamNet Bridge - Traditional distribution chains are still dominating the technology product retail market, but they are feeling the heat from online sale channels.

Firms show interest in local e-scooter market

 Domestic and foreign enterprises have increased investments in the electric scooter business, following the increasing popularity of electric scooters in major cities.

AI technology increasingly being used in Vietnam

Research and development activities in AI technology have gained initial achievements in Vietnam, according to Vu Duy Thuc, the co-founder of VietAI, an artificial intelligence organization representing the community.

Five men arrested for killing langurs

 Police in Nghe An Province have arrested a group of hunters who shot dead two langurs in Pu Mat National Park, Nghe An Province.

Hong Kong grants visa exemption to Vietnamese diplomats

 The Hong Kong Special Administrative Region of China has exempted Vietnamese diplomatic and official passport holders from visa requirements in the territory for 14 days. 

Vietnam undertakes Chair of ASEAN Committee in Mexico City

 Vietnamese Ambassador to Mexico Nguyen Hoai Duong on January 16 assumed position of Chair of the ASEAN Committee in Mexico City (ACMC), replacing Philippine Ambassador Demetrio R.Tuason.

HCM City, Hanoi among most dynamic growing cities

HCM City and Hanoi remained among the global Top 10 most dynamic growing cities in JLL’s Short-Term City Momentum Index 2019, which tracks socio-economic and commercial real estate growth in 131 cities over a three-year period.

Hong Kong authorities find body of missing Vietnamese crewman

 A body believed to be the second missing crewman of Vietnamese oil tanker Aulac Fortune that caught fire off the coast of Hong Kong (China) on January 8 has been found.

Hanoi peach village busy before Tet

Gardeners in Nhat Tan peach village on the edge of Hanoi’s West Lake are busier as the Lunar Tet Holiday nears. 

Nearly 700 specialty products gain IP protection in 2018

 Vietnam had 695 local special products registered for intellectual property protection in 2018 out of more than 4,800 specialties.