news Vietnam

Update news news Vietnam

Vietnamese- , Chinese-made smartphone firms compete for loyal customers

The strong rise of Vietnamese-made smartphones is expected to slow the massive influx of Chinese imports.

Vietnam, RoK scientists gather at symposium on applied physics in Hanoi

 Nearly 80 leading scientists in applied physics and materials science from Vietnam and the Republic of Korea (RoK) are gathering at the Vietnam – RoK International Symposium on Applied Physics (V-KISAP) 2019.

Firms show interest in Vietnamese 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.

Bonsai kumquat garden in Hung Yen attracts customers as Tet draws near

With the Lunar New Year festival (Tet) just around the corner, a kumquat tree garden in the northern province of Hung Yen has been inundated by customers seeking to buy bonsai kumquats trimmed to resemble giant vases.

Foreigner found dead at Da Nang building

 An Indonesian man has been found dead at a building in the central city of Danang.

Dumping site for Hanoi cleared after negotiation

 Hanoi authorities have successfully negotiated with the residents living near Nam Son Dump to stop blocking the rubbish truck so that they can clear the piled up rubbish in the city.  

VN central coast ruined by resort projects

 The central coast is being damaged by too many resort projects.

Vietnams set to develop derivatives market

 On the first day of the New Year, the Government issued Resolution No 01/NQ-CP/2019 for the robust development of the securities market, especially the derivatives segment.

Vietnamese automobile market expands strongly in 2018

 Despite difficulties in the first half of 2018, the domestic automobile market saw impressive growth compared to the previous year with nearly 290,000 vehicles sold during the year, an annual rise of 5.8 percent.

Trial opens for deadly medical incident at Hoa Binh Hospital

 The People’s Court of Hoa Binh province on January 14 opened a trial for seven people implicated in a serious medical incident that killed eight patients at the provincial General Hospital on May 29, 2017.

Shares retreat despite CPTPP launch

 The CPTPP coming into effect on Monday pushed up many stocks in the textile sector but failed to help the market recover.

VN banks expected to maintain good performance in 2019

 A majority of credit institutions in the country expect an upward trend in their business in 2019 after gaining good results last year, according to a State Bank of Viet Nam’s survey released late last week.

New VAT policy for Ahamove

 The HCM City Department of Taxation has approved a proposal from Ahamove regarding the way the on-demand delivery service company calculates value-added tax (VAT).

Foreign brands dominate Vietnam’s fashion market

VietNamNet Bridge - The Spanish fashion giant, Zara, has been in Vietnam for two years, and the Swedish company H&M for one year.

Nomophobia, or fear of being without a phone: a growing problem among Vietnamese youth

VietNamNet Bridge - Many students are experiencing anxiety when they have to ‘live away’ from their mobile phones. 

Plan to improve FDI attraction under discussion

 The assessment of Foreign Direct Investment (FDI) attraction must be realistic and systematic to tackle shortcomings, said Deputy Prime Minister Vuong Dinh Hue.

HCM City traditional markets report beginning of Tet sales

 With the Lunar New Year approaching, demand for dried foods and confectionary is surging in HCM City’s traditional markets.

Da Nang calls for investment to build tram line

Da Nang has called for investment from Singapore to build a 33km tram line connecting the city and Hội An by 2025, vice chairman of the city’s People’s Committee Dang Viet Dung said.

Hoang Nhu Cuong suspended from MAUR secretary post

 Hoang Nhu Cuong, secretary of the Party Committee of the Management Authority for Urban Railways (MAUR) of HCMC, has been suspended from his post, Tuoi Tre Online newspaper reported.

Ecommerce firm Leflair receives US$7-million investment

 Leflair, an ecommerce site operating in Vietnam, announced today, January 14, that it had received US$7 million in investment from two investment funds: South Korea’s GS Shop and Cambodia’s Belt Road Capital Management.