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VN driving centres mobbed ahead of price hike

People are rushing to take their driving tests following news that the tests will become stricter and more expensive from May.

In Vietnam, imported chicken not main cause of lower priced domestic products

The price of domestic industrially-farmed chicken in October fell 30 per cent compared to the same period last year, while the volume of imported chicken products doubled in the first 10 months.

Made-in-Vietnam medicine use on the rise

The use of made-in-Vietnam medicines at provincial-level hospitals has risen to 35.4 per cent since the Ministry of Health initiated an ongoing project named “Vietnamese people give priority to using made-in-Vietnam medicines” in 2012.

Sapa orchids can be worth five motorbikes

 VietNamNet Bridge – This hill town has an aromatic orchid shaped like a boat. Called Dia lan Sa Pa (cymbidium or boat orchid), they have a captivating perfume and charming petals that attract the wealthy.

Bitcoin slides amid rollercoaster ride

 The price of digital currency Bitcoin has fallen sharply in a period of wild trading since it passed the $11,000 mark a day ago.

Investors waiting for higher wind power prices

 VietNamNet Bridge – Up to 19 wind power projects have been registered in Binh Thuan Province but investors are yet to start work on them, saying the current selling price regulated for this source of green energy is below production cost.

Image: Special roses for lunar New Year 2016

 VietNamNet Bridge – With just a few weeks to go before lunar New Year or Tet holiday, the surge in demand for the ancient Sapa rose is likely to quadruple their price, according to a survey of growers.

Oil prices tumble 3 percent to just over $30; traders bet on more falls

 Crude oil fell 3 percent on Tuesday, heading toward $30 per barrel and levels not seen in over a decade, with analysts scrambling to cut their price forecasts and traders betting on further declines.

High prices hamper auto growth

 VietNamNet Bridge – Automobiles which are priced higher in Viet Nam than in regional countries is the reason for the sluggish development of the automobile industry, experts say.

Barriers to VN wind energy remain

 VietNamNet Bridge – Viet Nam has significant potential for the development of wind power but it has captured only a small part of the country's potential.

Vaccine prices increase in Vietnam amid shortages

 VietNamNet Bridge – A shortage of vaccines and changes in the foreign currency exchange rate have resulted in a price increase by 5 to 10 per cent for six vaccines since June, said Nguyen Nhat Cam,

Tourism fails to pick up on National Day

 VietNamNet Bridge – Travel agents are holding low expectations for the industry’s growth despite various discount programmes as people only have one day off for National Day on September 2.

Are foreign companies price gouging in animal feed market?

Vietnam’s animal feed industry is likely to achieve stable production in 2015 but transnational companies are driving domestic producers out of the business, leaving many industry leaders to call for tighter regulations by the government.

Sugarcane farmers bitter as yields, prices crash

 VietNamNet Bridge – For sugarcane farmers in the central and southern regions it has been a double whammy as bad weather and diseases first hit their crop and then low prices reduced their incomes.

Local fashion firms fear mid-tier foreign brands

VietNamNet Bridge – Though experiencing an annual two-digit growth rate for years, some of Vietnam’s longstanding fashion companies fear that more mid-tier foreign fashion brands will enter the market after the Trans Pacific Partnership takes effect.

Price falls hit rice farmers despite stockpiling scheme

 VietNamNet Bridge – Farmers bemoan they have not benefited from the nation’s one-million-ton rice stockpiling scheme for the winter-spring crop in 2013-2014 as prices are still edging down even though the scheme still has more than one week to go.

Vietnam has plentiful resources for developing renewable energy

VietNamNet Bridge – Viet Nam should focus on renewable energy, director of the Energy Institute's Renewable Energy and Clean Development Mechanisms Centre Nguyen Duc Cuong told Tuoi tre Cuoi tuan (Youth Weekly).

VN high on instant noodles list

 VietNamNet Bridge – Viet Nam is the world's fourth-largest consumer of instant noodles, purchasing roughly 5.4 billion packets yearly, according to the latest report of the World Instant Noodles Association.

Breweries threaten to raise prices if MOF raises taxes

 VietNamNet Bridge – Breweries have clamored for the re-consideration of the decision to raise the luxury tax by 10-15 percent, warning that the decision would make consumers suffer, because the manufacturers would raise the selling prices.

Manufacturing index rebounds

 VietNamNet Bridge – Growth in the Vietnamese manufacturing sector gathered momentum at the start of 2014, highlighted by the strongest rise in output since April 2011, and the fastest rise in purchasing activity in the survey’s history.