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Auto market waits for import tariff removal

Despite continuous price cuts by auto manufacturers and dealers for the last two months, the market has remained to be gloomy as customers have been likely to wait for price drop to bottom levels.

More international air routes to be launched to Phu Quoc Island

 Phu Quoc International Airport will launch several new international air routes in the coming months which aims to attract more visitors to the southern island.

Coast guards tasked to prevent illegal fishing

 The Vietnam Association of Seafood Exporters and Producers has worked with coast guards to stop illegal fishing activities by Vietnamese fishermen in other countries after the EU issued a yellow card warning to Vietnam.   

10 potential contestants at Miss Grand final

Following is the list of 10 potential contestants including Vietnamese representative Huyen My in the final of Miss Grand 2017 beauty pageant taking place in Phu Quoc, Kien Giang province on October 25.

Tourism agencies see hot growth of Chinese and Korean markets

VietNamNet Bridge - The tourism sector’s target of receiving 13 million foreign travelers in 2017 is within reach as more Chinese and South Korean visitors are coming to Vietnam.


Titanium mining puts environment at stake

 Titanium mining and processing projects in central coast provinces have left negative impact on other economic sectors and put the environment at risk of severe pollution.

Experts object to fees on cars entering downtown

 Experts and car owners have objected to a long-planned yet highly controversial scheme to impose a fee on cars entering HCMC’s central business district. 

No extra funding to save loss-making projects

 The Government will no longer inject more capital into State-funded investment projects that have racked up huge losses, according to a report Minister of Industry and Trade Tran Tuan Anh has sent to the National Assembly.

Vietnamese French musician Tri Nguyen to take HCM City stage

 Vietnamese-French pianist and zither artist Tri Nguyen will give a performance at the theater of the Voice of HCM City's People (VOH) radio station on October 27.

Taxing times

Moves by taxation authorities to increase several taxes and in turn increase the State budget must be carefully implemented to ensure the health of Vietnam’s economy and its business community.

Universities continue to gain autonomy

 Deputy Prime Minister Vu Duc Dam emphasised that Vietnam will continue to give autonomy to public universities after the pilot project on the autonomy of universities is completed in the next two months.

Credit boom raises banks’ 3rd quarter

 Banks have generated hefty profits in the year’s first three quarters, buoyed by healthy credit growth.

SCIC to divest three beverage giants

Vietnam’s largest listed company Vinamilk has finalised procedures to sell 3.3 per cent of the residual stake on November 10, whilst the two brewery giants Sabeco and Habeco have yet to submit their divestment plans.

Miss Grand 2017’s swimsuit contest

Contestants of the Miss Grand International 2017 pageant flaunted their shapely bodies in stunning swimsuits at the preliminary competition on Phu Quoc Island, Kien Giang Province on October 23.

GDP growth benefits for the poor lessening: economist

VietNamNet Bridge - The gap between the top 20 percent of the richest people and the lowest 20 per cent of the poor in Vietnam was 4.4 times in 1993, but the figure was 10 times in 2016. 

Ambassador: Vietnam-Algeria cooperation below potential

 Cooperation between Vietnam and Algeria has yet to match potential, said Vietnamese Ambassador to Algeria Pham Quoc Tru. 

Alibaba and Tencent eye Vietnamese e-payment sector

Technology giants Alibaba and Tencent are trying to penetrate the Vietnamese e-payment market. 

Wired VN faces new security threats

 As Internet use in Viet Nam continues to rise, avoiding online security threats will become even more difficult, said Vu The Binh, Viet Nam Internet Association (VIA) general secretary, at a symposium in Ha Noi on Tuesday.

Foreign ownership in Techcombank officially at 0%

 Foreign ownership in the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) is officially at zero per cent, the bank announced late last week.

Illegal fishing: Commission warns VN over insufficient action

 The European Commission (EC) has issued a "yellow card" warning to Viet Nam, after the country failed to demonstrate sufficient progress in the fight against illegal, unreported and unregulated (IUU) fishing worldwide.