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Throwing down the gauntlet

 Over time, Airbnb and similar sites will pose a major problem for hotels of all sizes.

HCM City has not received Doan Ngoc Hai's resignation letter

 The HCM City People’s Committee said it has not received the resignation letter of Doan Ngoc Hai, deputy chairman of HCM City’s District 1, according to Vo Van Hoan, chief of staff and spokesperson for the city People’s Committee.

Big companies fined for tax avoidance

 Tax inspection is actively investigating big companies to detect violations. (Photo: timesofmalta.com)

Cold weather hits northern provinces

 People in the northern mountains shivered yesterday as temperature dropped to freezing point - and snow is likely to blanket Sa Pa Township on January 10.

PM leaves Hanoi for Mekong-Lancang Cooperation Summit

 Prime Minister Nguyen Xuan Phuc left Hanoi on January 10 morning for Phnom Penh, Cambodia, to attend the second Mekong-Lancang Cooperation (MLC) Summit. 

ABU Robocon 2018 to be held in Ninh Binh province

 The ABU Asia-Pacific Robot Contest (ABU Robocon) 2018 will be held in the northern province of Ninh Binh on August 26, said a representative of the Vietnam Television at a press conference in Hanoi on January 9.

PetroVietnam eyes larger reserves in 2018

 The Vietnam National Oil and Gas Group (PetroVietnam) is targeting an increase of its oil and gas reserves by 10-15 million tonnes in 2018. 

Drug trafficking ring razed in Dien Bien

 The drugs squad of the northern province of Dien Bien on January 9 reported that they brought to light a large drug trafficking ring involving a Lao national and 21 cakes of heroin (about 7.5kg).

Deputy PM hosts new Cuban ambassador

 Deputy Prime Minister and Foreign Minister Pham Binh Minh received new Cuban Ambassador to Vietnam Lianys Torres Rivera in Hanoi on January 9.

Vietnam’s shares up on earnings prospects

 Vietnamese shares advanced for a second session on January 9 as investors remained upbeat over the firms that are expected to deliver good results in the earnings season.

Vietnam, Laos share law-making experience

 Vice Chairman of the National Assembly (NA) Phung Quoc Hien hosted a reception for head of the Economic, Technology and Environment Committee of the Lao National Assembly Bounpone Sisoulath in Hanoi on January 9.

Tan Son Nhat airport to have 18 more aircraft parking slots

 Tan Son Nhat International Airport will have an additional 18 aircraft parking slots just in time for the upcoming Lunar New Year holiday, or Tet, when air travel demand normally surges.

HCM City to develop digital map of safe farms

 HCM City will build a digital map of safe vegetable, livestock and seafood farming areas in the city this year to help consumers choose the right food.

A better working city keys realty FDI

 Ho Chi Minh City’s real estate market saw a robust amount of foreign direct investment in 2017, on the back of improvements in infrastructure and administrative procedures.

Flexible monetary policies facilitate economic growth

 The global and domestic economic situation in 2017 has witnessed complex changes, strongly affecting Vietnam’s economic policies in general and the monetary policy in particular. 

Banks increase foreclosures on mortgaged properties to collect debt

As investors have fallen into insolvency, many large properties have been distrained by commercial banks and put up for sale. HOREA estimates that about 500 projects have become ‘clinically dead’. 

Number of PhD students declining because of stricter requirements

Vietnam needs more university lecturers with doctorates, but the Ministry of Education and Training says that training will not come at any cost and that quality should be the most important factor.

Auction honors Southern fine arts

 The 3rd fine art auction themed “South Vietnamese Art & The Sprit Of The Oriental Romance” will be held at Hotel Des Arts Saigon in Ho Chi Minh City's District 3 on January 13.

Foreign capital via M&A mostly flows to HCM City

 Of the total value of share acquisitions and capital contributions by foreign investors in Vietnam at US$6.19 billion near the end of last year, HCMC accounted for nearly 60%.

Student invents egg-hatching device with IoT technology

The difference between the hatcher created by Vo Ngoc Tieng from Pham Van Dong University and products of the same kind in the market is that Tieng’s can be controlled with a cellphone.