news Vietnam

Update news news Vietnam

Shrimp surplus stresses sellers

 The country’s shrimp export business could be in for a tough year, due to sharp rise in global supply and a drop in market price.

VN cashew exports rise strongly in first quarter

 Viet Nam exported 74,580 tonnes of cashew worth US$758 million in the first quarter, according to the Viet Nam Cashew Association (Vinacas).

Moody’s gives positive ratings to three commercial banks

 Moody’s Investors Service has upgraded the long-term local-currency bank deposit ratings and local- and foreign-currency issuer ratings of three banks in Viet Nam from B2 to B1.

VN textile firm sees profit down 1.3%

 The Thanh Cong Textile Garment Investment Trading Joint Stock Company saw both revenue and profit down 1.3 per cent in 2018, due to poor business performance and foreseeable difficulties and challenges ahead.

Vietnam’s space industry makes strides in 10 years

  Vietnam’s space industry has gained significant development in the 10 years since the launch of its first satellite Vinasat-1 (April 18, 2008).

Ninh Thuan province in thirst for water

Prolonged heatwave in the southern central province of Ninh Thuan over the past three months has led to drought, forcing many localities to suspend plant and animal farming.

More VN businesses join global supply chains

 At least 29 Vietnamese businesses have joined global supply chains, according to the HCM City Centre of Supporting Industry Development.

Vietnam spends $194 million on pesticides

 Viet Nam spent US$58 million to import pesticides and raw materials in March, lifting total imports of the commodities in the first three months of this year to $194 million.

Midfielder Luong Xuan Truong in Football Tribe’s Asia XI for March

 With his outstanding performance, Vietnamese midfielder Luong Xuan Truong has managed to enter Football-tribe.com’s Best XI list for March.

Vietnam plays active role in GMS trade, investment cooperation

 Vietnam has proactively participated in trade and investment cooperation activities in the Greater Mekong Subregion (GMS), which comprises Cambodia, China’s Yunnan and Guangxi provinces, Laos, Myanmar, Thailand and Vietnam, over the past 25 years.

Hatchery project to save sea turtles in Cu Lao Cham

 A marine project is underway in the central province of Quang Nam to save sea turtles as part of a local effort to protect the biodiversity in Cu Lao Cham (Cham Island) Marine Protected Area (MPA).

Four more prosecuted for involvement in biggest gambling ring probe

 Phu Tho province Police’s Investigation Security Agency has widened the scope of an illegal online gambling investigation in Phu Tho province and some other cities and provinces, the Ministry of Public Security (MoPS) announced on April 9. 

Vietnamese cyclist wins Tour of Thailand’s second stage

 Nguyen Thi That of Vietnam overcame powerful rivals to win the second stage of the Tour of Thailand on April 9.

Gov’t Inspectorate to conducts 25 inspections in 2018

 The Government Inspectorate (GI) will conduct 25 crucial inspections this year, including scrutiny of the central bank’s implementation of a restructuring project in the past five years.

Vietnam's exports flourish in Q1

 Vietnam’s positive economic growth trend since 2017 has carried on as can be seen in import-export turnover in the first quarter, which exceeded 54 billion USD. 

Can Tho prepares to host ASEM conference in June

 The hosting of the Asia-Europe Meeting (ASEM) conference on climate change response toward sustainable development next June is a highlight of Can Tho’s people-to-people diplomacy this year, stated a municipal leader.

Vietnam Food Association risks losing rice monopoly

 Following recent criticism of the Vietnam Food Association, the Ministry of Agriculture and Rural Development has reduced the association’s power, with further plans to promote fairness in rice exports.

Hanoi tackles plant protection packaging waste

 Hanoi has paid more attention to collecting and treating packaging of plant protection products and veterinary medicines after use in an effort to reduce risks of pollution for water resources and soil.

PM vows best environment for agriculture, rural development

 The government will continue paying close attention to agriculture and rural areas and create the best environment for their development, Prime Minister Nguyen Xuan Phuc said.

Green colour covers banking, real estate shares

 The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose 4.37 points to close April 9 at 1,024.33 points.