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Legal proceedings launched against seven Mongolian nationals for stealing property

Legal proceedings have been initiated against seven Mongolian nationals involved in a theft of property worth nearly 1.2 billion VND ( about 51,800 USD).

Capella Hanoi among top 100 best new hotels in the world

Capella Hanoi, located in the heart of Hanoi’s Old Quarter, has been listed among top 100 best new hotels in the world as complied by prestige US magazine Travel + Leisure.

Increasing oil prices setting back gas-related ventures

Continuing global conflicts and price rises of various commodities are undermining the development and exploitation of oil and gas fields in Vietnam, and collaborations may continue to struggle if inflation pressures persist.

Plans accelerated to boost investment in agriculture

In a bid to fuel agricultural investment which remains negligible in Vietnam, the government is expected to devise new incentives and boost reform of administrative procedures in favour of foreign investors.

When ministers deviate from standards

The prosecution of senior officials could lead to a short-term personnel crisis.

Hospitals, patients struggle with medical supply shortage

Many hospitals are seeing a shortage of medical supplies shortage, due to the growing reluctance to organise procurement bidding that stems from recent major violation cases.

“Price storm” forces workers to tighten their belts

The petrol price hike has led to price escalations of major goods and services, forcing low-income earners to tighten their belts.

Discovering Tien Canh Cave in Lao Cai

Located among the rolling mountains of Bao Yen District, Tien Canh Cave is a jewel of Lao Cai Province.

Petrol price hits record high, NA seeks to support low-income earners

The National Assembly seeks to strictly handle goods speculation, hoarding and unreasonable price hikes, as well as solutions to support low-income earners and disadvantaged people.

Uncertainty lingers on with global oil and gas investment

With a global oil price reaching eye-watering levels, much of Vietnam’s oil and gas potential depends on new-found investments in exploration technology, thus helping boost the country’s state budget.

Vietnam to increase petroleum reserves by 4 times

As the State’s resources are limited, the increase in the national petroleum reserves will be implemented under a roadmap from now to 2025.

VIETNAM NEWS HEADLINES JUNE 17

Weightlifter Le Van Cong wins silver at Pyeongtaek 2022 Asia Oceania Open Championships

Finance Ministry moves to deal with petrol price hikes

After the proposal to cut the petrol price stabilisation fund and import tax, the Ministry of Finance (MoF) has announced plans to cut the environmental tax on fuel.

VIETNAM BUSINESS NEWS JUNE 17

Vietnamese lychees aim to go global

Nha Trang scrambles to save coral reefs from bleaching

Saving the coral reefs in Nha Trang Bay Marine Protected Area from massive bleaching is a priority that requires a long-term, scientific and sustainable strategy, scientists and oceanographers have said.

Cashless streets launched in Da Nang

Two cashless streets were launched in Da Nang City yesterday, June 16, to create a convenient shopping experience for residents and tourists, said a local official.

Petrol law advances tailored for benefits

An amended Law on Petroleum is expected to revive funding opportunities for the oil and gas sector as many fields are reaching their productive peaks or experiencing a state of decline – as long as some outstanding issues are ironed out.

More data centers in the pipeline to serve ballooning storage demands

Foreign investors are ramping up the development of new data centres in Vietnam to accommodate the explosive rise in demand for storage capacity in the country.

Stagnant transport plans probed at National Assembly

Facing stagnancy for years, transport infrastructure development has been highlighted by the National Assembly, triggering the urgent need to make strong moves to fast-track long-delayed initiatives.

Leaders urged to kick on with disbursement

Slow implementation of the national fiscal and monetary initiative is expected to dent economic growth, with legislators urging the government to soon review the policy to provide further assistance for enterprises and people.