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Data costs in Vietnam need further cuts to increase usage

 Statistics show that Vietnamese consumers use only about 1.9GB of cellular data on average each month, much lower than the regional countries of Laos, Cambodia, Thailand and Singapore where the amounts come in between 4.7GB and 8.5GB.

M&A market in HCM City hits US$2.5 billion in Jan-May

Capital contribution and share purchases by foreign investors via mergers and acquisitions in HCMC amounted to some US$2.5 billion during the year up to late May.

Transparency helps Vietnam banks draw foreign investors

Healthy domestic banks should focus on improving the transparency in their audited financial statements to attract foreign investors as some banks have recently succeeded with the strategy, experts suggested.

UPCoM capitalisation reaches three folds at HNX

 The capitalisation of the Unlisted Public Company Market (UPCoM) has rocketed over 100 times to reach VND656.4 trillion (US$28.8 billion) after nine years of operation.

Technology transfer though FDI channel weak

 Foreign invested enterprises play an important role in attracting and transferring technology, but the efficiency of the transfer work through FDI channels has not met expectations.

Health ministry makes slow progress with rule amendments

 Although the Government has ordered the removal and revision of unreasonable rules on food fortification with micronutrients, the Ministry of Health has been slow to act.

Legal review for Vietnam-EU FTA concludes

Vietnam and the EU have finished the legal review process for their free trade agreement (FTA) and reached agreement on the entire of the bilateral investment protection deal.

No “restricted areas” accepted in corruption prevention

 Delegates at the national conference on anti-corruption on June 25 all agreed that no “restricted areas and exceptions” are accepted in fighting corruption.

FDI registered for Vietnam exceeds $20 billion in H1

Vietnam attracted more than $20 billion in foreign direct investment (FDI) in the first half of 2018.

Millennium-old communal house named special national relic site

 The Chem Communal House, dating back more than 2,000 years and one of the oldest of its kind in Vietnam, in Bac Tu Liem district of Hanoi was awarded a certificate as a special national relic site on June 25.

Foreign investment funds target market for mothers and kids

VietNamNet Bridge - Vietnam is a promising $7 billion market for companies which provide goods and services for mothers and children.

VN pharma industry: Dairy producers, retailers jump on bandwagon

VietNamNet Bridge - More and more investments have been seen in the pharmaceutical industry, from production to distribution.

Draft law to prevent alcohol firms' social responsibility programmes

Businesses are worried that paying 0.5 to 1 percent of their sales revenue to a health fund or the state budget prescribed by the Draft Law on Alcohol Harms Prevention would prove too much.

Lotte opposes PAN at Bibica's general shareholders’ meeting

 Lotte Confectionnery Co., Ltd. is not considered a big shareholder at the general shareholders’ meeting of Bibica JSC (code: BBC) as it was not informed of the investment project in Long An while PAN Food JSC knew.

Companies fined for disclosure violations

 The State Securities Commission (SSC) has imposed administrative sanctions on 11 enterprises and individuals who have violated disclosure regulations during the past week.

Binh Phuoc and Dung Quat bio-ethanol factories to resume operation

 The resumption of the two bio-ethanol factories Binh Phuoc Ethanol and Dung Quat Bio-Ethanol Fuel will contribute to increasing E5 fuel supply and decreasing retail prices.

Chinese sanctions may be pushing CJ Group’s expansion in Vietnam

 The Chinese policy to limit South Korean businesses may be the main reason behind Korea-based CJ Group’s heavy expansion in Vietnam. Entering a co-operation with local restaurant chain Golden Gate is the latest step in this expansion.

Two dead as coach carrying Vietnamese workers crashes in Laos

 Two people were killed and five others were injured in a car crash in Phalanxay district, Savannakhet province of Laos on June 21, said the Vietnamese Consulate General in Laos.

Expensive rail route nearly abandoned

Due to continual losses, there's only one weekly Hanoi-Ha Long train from at Yen Vien Station for a few dozen passengers. 

37 pangolins, turtles found in bus from Laos

Environment police in central Ha Tinh Province discovered the illegal transport of 37 rare, wild animals from Laos to neighboring Nghe An Province during the weekend.