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Vietnam attends 10th ASEAN Law Ministers Meeting in Laos

 Minister of Justice Le Thanh Long led a Vietnamese delegation to participate in the 10th ASEAN Law Ministers Meeting (ALAWMM 10) in Vientiane on October 12. 

Film on “cai luong” to compete in Tokyo International Film Festival

 Movie star and producer Ngo Thanh Van’s latest film, Song Lang (The Tap Box), will compete in the Tokyo International Film Festival 2018 (TIFF).

Chess team earns Vietnam two more golds at Asian Para Games

 Vietnamese chess players brought home two more gold medals on October 12 – the sixth day of the 2018 Asian Para Games (APG) in Indonesia.

Vietnam proposes stronger multilateral trade at MSEAP 3

 National Assembly Chairwoman Nguyen Thi Kim Ngan has emphasised the responsibilities of parliaments of Eurasian countries in urging regional governments to set up economic links and promote multilateral trade.

Mekong Delta fights flooding from high tides

 Local authorities in the Mekong Delta are taking measures to mitigate the impact of flooding caused by high tides during the annual flood season in the delta.

Mottainai Festival opens in Hanoi

 A running race around Hoan Kiem Lake kicked off the 6th Mottainai Festival on the morning of October 13 with the participation of representatives from the Vietnam Women’s Association and the Japanese Embassy in Hanoi.

Tra fish exports to exceed $2 billion

 Tra fish export value is expected to exceed 2 billion USD this year, higher than the industry’s target, according to experts.

34kg of rhino horns seized at Noi Bai airport

 Competent agencies on October 12 seized nearly 34kg of rhino horns at Hanoi-based Noi Bai International Airport. 

Small businesses lag behind in preparations for 4.0 era

VietNamNet Bridge - A number of large corporations have adapted well to the 4.0 era, but the majority of small businesses are lagging behind.

WEF ASEAN 2018: The most successful regional meeting of WEF

The World Economic Forum on ASEAN 2018 themed: “ASEAN 4.0: Entrepreneurship and the Fourth Industrial Revolution” held in Hanoi is the most successful regional meeting of the WEF, stated WEF Founder and Executive Chairman.

Super commission to streamline SOEs

As large-scale SOEs in Vietnam are performing poorly, the establishment of a ministry-level commission for managing state capital at SOEs is expected to help them improve operational effectiveness tremendously. 

Policy leverage to direct FDI capital in Vietnam's transport infrastructure

 Effective regulations and incentives should be taken to lure FDI capital inflows into the country’s transport infrastructure as the sector is showing less attractive to foreign investors due to policy bottlenecks.

Consumer finance booms in Vietnam with new players

 By the end of 2017, total outstanding consumer loans reached over US$5 billion. The consumer finance market, however, remains huge potential for development.

Banks rush to sell huge mortgaged assets to collect debts

VietNamNet Bridge - The Vietnam Asset Management Company and commercial banks are offering to sell valuable real estate assets worth tens to hundreds of billion of dong each.


iPhone X still selling like hotcakes in Vietnam

VietNamNet Bridge - iPhone sales agents in Vietnam say that after iPhone XS hit the market, the sales of iPhone X increased by 40 percent.

Smart transport a focus in attraction

 Nguyen Ngoc Dong, Deputy Minister of Transport, talked with VIR about the country’s demands and future prospects for foreign investors in the field of smart transport.

Green banking aims push forward

The local banking sector is required to take up green and sustainable banking practices in a more serious manner.

Higher ADB rates in middle-income bracket

ADB is co-operating with the Vietnamese government to speed up the disbursement of projects using its official development assistance in order to boost the country’s infrastructure development.

Foreign investors see more chance to step in Vietnam’s oil refinery

 The recent withdrawal of Vietnamese groups from billion-dollar oil refinery projects is paving the way for potential foreign investors, especially those from Thailand and China, to jump in the industry.

Trade war shifts FDI flows to Vietnam

 Vietnam remains a hot destination for foreign direct investment in the region and is expected to top the ASEAN region’s growth rates due to its diversified export markets and an increasingly attractive investment and business climate.