news Vietnam

Update news news Vietnam

Chinese firms seen dominating local home appliances market

 The local home appliances retail market may be dominated by Chinese giants after Alibaba, JD.com and Amazon have forayed into the market, Nguoi Lao Dong newspaper reports.

Real estate bubble fear stirs up controversy

 Despite the real estate market’s rapid recovery over the last few years, a number of risks still remain, including an oversupply of high-end projects, the return of speculators, and falling market demand.

Law to seek keen green investment

 Vietnamese authorities have started developing specific guidelines for selecting investors to develop renewable energy projects under their management, weeding out weak investors and out-of-date technology.

U23 Vietnam play in snow ahead of AFC championship final

Vietnam's players freely played in snow in Changzhou city, China's Jiangsu province ahead of the final match against Uzbekistan of the Asian Football Confederation (AFC) U23 Championship on January 27

Xoan Singing to receive official recognition as heritage of humanity

 Xoan Singing of northern Phu Tho province will receive the official recognition as an intangible cultural heritage of humanity from UNESCO in a ceremony at Lai Len Shrine, Viet Tri city, Phu Tho on February 3.

Hanoi to install 15 giant LED displays for AFC final

Around 15 large LED monitors will be installed on pedestrian streets and in parks around Hanoi to broadcast the final match of the AFC U23 Championship between Vietnam and Uzbekistan for gatherings of football fans on January 27.

Second survey on violence against women kicks off

 A survey on violence against women in Viet Nam will be conducted by the General Statistics Office (GSO).

VN player loses Colombian tennis tournament

 Nguyen Van Phuong of Viet Nam was ousted from the ITF Copa Barranquilla Capital de Vida-Claro in Colombia on Wednesday.

Drop-out rates of children aged 5-14 fall

As per a report of the Out-of-school Children: Vietnam Country Study 2016 conducted by the Ministry of Education and Training and the UNICEF, drop-out rates of children aged 5-14 fell drastically.

Ground broken for new Vietnamese Embassy in India

 PM Nguyen Xuan Phuc and the Vietnamese high-ranking delegation attended a groundbreaking ceremony for the headquarters of the Embassy of Viet Nam in New Delhi, India on January 25. 

Asia-Pacific parliaments backs regional economic-trade cooperation

  Member parliaments of the Asia-Pacific Parliamentary Forum (APPF) have played a significant role in fostering regional connectivity and cooperation to propel economic-trade development and integration.

Cashew businesses worry about high price trap in 2018

 Although global cashew demand is predicted to continue rising, the Vietnam Cashew Association (Vinacas) and cashew processors and exporters are worrying about a high price trap which may affect their activities in 2018.

Vietnam pays US$28.8 million debt per year for railway project

 The Government has to pay debt totaling at least US$28.8 million a year to the Chinese side for the Cat Linh-Ha Dong urban railway in Hanoi City, news website VnEconomy.vn reports.

New air traffic control center needs VND1.4 trillion

 Vietnam Air Traffic Management Corporation (VATM) is planning to build a new air traffic control center worth VND1.4 trillion in HCMC as the existing one at Tan Son Nhat International Airport is getting outdated.

FDI’s role stressed by top leadership

 Vietnam’s leadership has strongly re-affirmed the important role that foreign direct investment has played and will be playing as one of the mainstays in Vietnam’s socio-economic development.

Modern retail has widened its range

 Modern retail channels are taking off in Vietnam with the entry of newcomers and expansions by existing players.

HSX back on track, securities firms could have lost $1.2 million

 The technical glitches that caused the southern bourse to shut down for two days have finally been fixed. Securities firms said that they could have lost an estimated $1.2 million in commissions as a result of the closure.

HSX apologises over technical halt

On January 22, the trading system of the HSX stumbled upon a major technical fault, causing the bourse to power down for two days. Le Hai Tra, acting chaiman of HSX, talked about the causes and effects of the technical plight.

Experts warn about depletion of Vietnam’s largest oil field

Most oil field exploitation in Vietnam is in the final stage. This has led to a decline in oil & gas output. 

Vietnam phone exports to China surge eight-fold

 China imported phones and phone parts worth US$7.15 billion from Vietnam last year, up nearly eight-fold against 2016, according to a newly-released report by the General Department of Vietnam Customs.