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VN mobile network operators jump into fintech playing field

With a huge numbers of users, mobile network operators are tapping the financial service market, the major field of fintechs.

Vietnam among top FDI recipients in ASEAN in 2016-2017

Foreign direct investment flows to ASEAN rose to all-time high of US$137 billion in 2017 from US$123 billion in 2016, according to ASEAN Investment Report 2018.

 

M&A value in Vietnam reaches $5.43 billion in seven months

The value of the merger and acquisition (M&A) deals in Vietnam reached $5.43 billion in the first seven months of this year, according to data released on July 23 by the AVM Vietnam.

 

Red tape hinders development of wind power in Vietnam

Vietnam has very large potentials to increase the generation of electricity from wind and the sun. However, the reason for the lack of progress is cumbersome administrative procedures.

 

Local authorities told to report on land available for social housing projects

The Ministry of Construction has asked cities and provinces throughout the country to make reports on land available for social housing projects.

 

PM rejects roof-lights proposal for tech-based cabs

PM Nguyen Xuan Phuc has asked the Ministry of Transport to scrap unnecessary business conditions for transport firms, including a proposal for making roof light boxes mandatory for ride-hailing vehicles with fewer than nine seats.

 

Regulator seeks to revoke Zalo’s domains

The HCMC Department of Information and Communications has asked the competent agencies to revoke the domains of Zalo.vn and Zalo.me, a Vietnamese-made messaging app, due to its unlicensed social network operations.

 

Vietnamese goalkeeper named in Thai league’s team of week

Vietnamese shot stopper Dang Van Lam was named the top goalkeeper of the week in the Thai League by Thailand’s Siam Sports newspaper.

F&B chains move ahead despite obstacles

Investments in F&B chains are increasing despite the signs of a growth slowdown.

HBSO to present a program of Russian orchestral works

The HCMC Ballet, Symphony Orchestra and Opera (HBSO) will present a program of Russian music containing orchestral items by Khachaturian, Rachmaninov and Tchaikovsky on Saturday, July 27. 

 

China advances plans to eat up East Sea to compete with US: Expert

Beijing has shamelessly occupied waters of regional countries and harassed Vietnam`s long-lasting oil exploitation within Vietnamese waters.

Hoan Kiem Lake erosion poses safety risks

Many parts of Hanoi’s Hoan Kiem Lake's banks have eroded without repair, ruining the landscape and threatening visitors' safety.

Cancer vaccines to be brought to Vietnam

 Vietnam will receive cancer vaccines from Japan in the near future, Prof Ta Thanh Van, Rector of the Ha Noi Medical University (HMU) told Lao Động (Labour) newspaper.

Korean firms pour millions into Vietnam

KorCham, the association of South Korean enterprises in Vietnam, estimates that about three South Korean businesses are inaugurated each day in Vietnam.

Authorities want banks to give up corporate bond addiction

The Ha Noi Stock Exchange said that Nha Trang Bay Investment and Construction Joint Stock Company successfully issued private corporate bonds worth VND650 billion (US$28.2 million), all of it to the Viet Nam Maritime Bank.

Senior Lieutenant General Nguyen Chi Vinh talks about the situation in the East Sea

“We are struggling to protect sovereignty, and protect the peaceful environment and common interests of the East Sea (internationally known as South China Sea), together with the international community,” said General Nguyen Chi Vinh.

VN tourism industry faces environmental challenges

The tourism industry is considered a spearhead sector, making contributions to the national economy. But, tourism growth is posing challenges to the environment, especially at popular tourist sites.

Chinese ships violating Vietnam’s exclusive economic zone

Survey vessel Haiyang Dizhi 8 and other coastguard ships of China are operating around the Vanguard Bank in the East Sea, which is a blatant violation of international law as the area is within Vietnam’s 200-nautical-mile EEZ.

 

South Korean sentenced 14 years in prison for taxi robbery

A South Korean man has been sentenced 14 years in prison for robbing a Danang taxi driver last year.

 

Teenager swimmer wins Vietnam’s first ticket to Tokyo 2020 Olympics

Swimmer Nguyen Huy Hoang has become the first Vietnamese athlete to book a slot at the Tokyo 2020 Olympic Games, after meeting the Olympic Qualifying Time (OQT) at the ongoing 18th FINA World Championships.