news Vietnam

Update news news Vietnam

Vietnamese banks rush to seek foreign capital

VietNamNet Bridge - Commercial banks are now borrowing capital from foreign banks and financial institutions when they need more medium- and long-term capital.



Banks take drastic measures to settle bad debts

VietNamNet Bridge - The bad debt settlement process took a big leap after the National Assembly issued Resolution 42, giving more power to banks to collect debts.

Vietnam prioritizes FDI in advanced eco-friendly technologies

Vietnam will give priority to attracting foreign direct investment (FDI) in hi-tech, environmentally-friendly technologies, and clean and renewable energy, said Minister of Planning and Investment Nguyen Chi Dung. 

Vietnam, Australia hold strategic dialogue on foreign affairs and defence

 The sixth deputy ministerial-level strategic dialogue on foreign affairs and defence between Vietnam and Australia took place in Hanoi on October 10, chalking out plans to boost the bilateral strategic partnership.

Hanoi dog slaughtering village gets new face

 A village in Hanoi’s suburbs which has a long-standing tradition of dog slaughtering has dramatically changed following moves by municipal authorities to tighten control over dog meat trading.

Illegal floating restaurants mar south central coast

 Illegal floating restaurants are common in both Phu Yen and Khanh Hoa provinces and local authorities have no concrete regulations for these types of businesses.

Danang combats pollution at largest dumpsite

 The Danang government has taken multiple steps to tackle the severe pollution at the Khanh Son landfill, the largest in the city, according to the municipal Department of Information and Communications.

Trade surplus surpasses US$6 billion to set new record

 Vietnam’s trade surplus hit a record of more than US$6.32 billion over the January-September period owing to strong outbound sales in September, the Government news site reported.

Japanese, Vietnamese businesses commit to invest US$10 billion in Vietnam

 Prime Minister Nguyen Xuan Phuc encouraged Japanese business to invest in infrastructure development, renewable energy, processing and manufacturing, supporting industries, high-tech agriculture, logistics, aviation industry, among others.

Japan's leading firms pledge to pour US$1 billion into Hanoi

 Hanoi authorities have committed to create the best conditions for Japanese investors.

Bottleneck stymies Vietnam from getting foreign tech transfer

 A lack of skilled professionals is considered a main cause hindering Vietnam to get technology transfer from foreign direct investment (FDI) firms, experts said.

Can Tho: Man prosecuted for abusing freedom, democracy rights

Police in Can Tho put a man into temporary detention on October 10 to investigate into the charge of “abusing the rights to freedom and democracy to violate interests of the State, rights and legitimate interests of organisations and individuals”.

Vietnamese NA Chairwoman pays official visit to Turkey

NA Chairwoman Nguyen Thi Kim Ngan arrived in Ankara on October 10 afternoon, beginning an official visit to Turkey at the invitation of Speaker of the Turkish Grand National Assembly Binali Yildirim.

Vietnam, UK agree to consult about issues of shared concern

 Deputy Prime Minister and Foreign Minister Pham Binh Minh and UK Foreign Secretary Jeremy Hunt agreed to offer mutual consultations on regional and global issues of shared concern during their talks in London on October 10. 

PM leaves for ASEAN leaders’ gathering, visit to Indonesia

PM Nguyen Xuan Phuc left Hanoi on October 11 morning for the ASEAN Leaders’ Gathering on the sidelines of the IMF – WB annual meetings in Indonesia, and a working visit to the country from October 11 to 12.

Local shares end down on late sell-offs

 Selling pressure increased at the end of October 10's trading session while purchasing demand was not enough to save indices from falling.

People in Hanoi get free HBV tests

 The National Hospital of Tropical Diseases is offering 6,500 free hepatitis B virus (HBV) tests for people living in Hanoi and neighbouring provinces.

Vietnam bags seven medals on fourth day of 2018 Asian Para Games

 Vietnam bagged seven medals on October 10, the fourth day of the 2018 Asian Para Games underway in Indonesia.

Fast food chains incurring losses

VietNamNet Bridge - Foreign fast food chains have been in Vietnam for more than 10 years and have annual revenue of trillions of dong. But many of them continuously take losses.


Vietnam targets 30 percent of students enrolling at vocational schools

VietNamNet Bridge - Only 10 percent of secondary school graduates go to vocational intermediate schools (2-year training), far below the 30 percent target.