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VinGroup’s smartphone rolled out in Myanmar

VinSmart began selling its Vsmart smartphones in Myanmar on May 29, aiming to become the country’s first globally recognised smartphone brand.

 

Vietnam's dairy market faces supply shortage

Vietnam’s milk supply is falling short of domestic demand, leading to a rise in imports and a race to expand production among local firms.

 

To Lich clean-up infeasible expert claims

The project to clean up To Lich River in Hanoi using the Japanese bio-nanotechnology would be infeasible if wastewater is still directly discharged into the river, said a senior expert in water pollution treatment.

 

European-Vietnam Documentary Film Festival opens in Hanoi, HCM City

Documentaries from up to 11 countries will be screened for the European-Vietnam Documentary Film Festival which will be opened in both Hanoi and HCM City.

 

Vietnam pushes solar energy projects

Many solar power projects are scheduled to be connected to the national power projects by the end of June this year.

 

Vietnam’s economy forecast to surpass Singapore by 2029: report

Vietnam's economy is expected to surpass Singapore by 2029, according to a report by Singapore-based DBS Bank.

 

Vietlott fails to attract customers

Vietnam Lottery Company (Vietlott) is reporting slow sales with many agents struggling to survive.

 

New book on Sai Gon culture, lifestyle released

A new book on the culture and lifestyle of Sai Gon, now HCM City, was released by the Culture & Arts Publishing House last weekend.

BUSINESS NEWS 30/5

Vinafood 2 sets aside stellar provisions for fraudulent subsidiaries

 

Implementing a solid franchise foundation

After rapid expansion, the franchising market in Vietnam is expected to continue upwards over the next few years with its increased involvement in free trade agreements. 

Solar energy: Heavy discounts for electricity bills

Many people in Ho Chi Minh City are paying very little for their monthly electricity bills in recent times.

Real estate sector advised to reduce dependence on bank credit

The real estate market has slowed in the first months of 2019, which experts attributed to limited bank credit sources for the market.

 

Vietnam's positive contribution to UN's activities

Over the past four decades, Vietnam has received tremendous support from the UN and its members and demonstrated its responsible member of the United Nations (UN) since joining the int'l; community.

 

Water management becomes crucially important in Vietnam today: experts

Improved water management can help Vietnam tackle the threat of climate change, Belgium Ambassador to Vietnam Paul Jansen said at a workshop held in Hanoi on May 28.

 

Forex rate under pressure of US-China trade tensions

The foreign exchange market has heated up when the daily reference exchange rate set by the State Bank of Vietnam continuously climbed to new record levels and the VND/USD rates listed at commercial banks also surged.

 

Mekong Delta needs to increase education expenditures: Education Minister

Minister of Education and Training Phung Xuan Nha has instructed authorities in 12 provinces and one city in the Mekong Delta region to increase expenditures from their local education budgets to pay for facilities and equipment.

 

Vietnam to purchase more power from China, Laos

Vietnam plans to purchase more electricity from China and Laos in the coming years as the domestic power supply is running out, an official has said.

 

PM Nguyen Xuan Phuc wraps up Russia, Norway, Sweden trips

Prime Minister Nguyen Xuan Phuc and his spouse arrived in Hanoi on May 29, concluding visits to Russia, Norway and Sweden from May 20 – 28.

 

Vietnam, Czech Republic bolster economic cooperation

Vietnamese Ambassador to the Czech Republic Ho Minh Tuan discussed measures to bolster Vietnam-Czech Republic economic cooperation with President of the Czech Confederation of Industry and Transport Jaroslav Hanak.

 

More efforts needed to preserve Cu Lao Cham

Ten years ago, Cu Lao Cham - Hoi An was recognised by UNESCO as a world biosphere reserve.