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South Korea to help improve Vietnamese rice quality

South Korea will provide 5 billion won (USD4.5 million) to help improve the rice quality in Vietnam’s Red River delta region.

Unplanned Thai jackfruit farming pose risks

The Department of Crop Production has warned farmers about possible risks when growing Thai jackfruits without planning.

 

Solar power projects offer national power grid boost

The development of solar and wind power projects has apparently overloaded the national power grid system, particularly in the two southern central provinces of Ninh Thuan and Binh Thuan.

Quang Ninh earmarks spending on undersea tunnel

The northern province of Quang Ninh has planned to save its budget spending to carry out a VND9.8 trillion (USD417.7 million) undersea tunnel project in Ha Long City.

 

Vietnamese women's football returns to top spot in Southeast Asia

The Vietnamese women's football team have dethroned the Thai team to return to the No. 1 position in Southeast Asia, according to the latest rankings released by FIFA on July 12.

 

Foreign finance institutions step up expansion plans in Vietnam

The competition in the Vietnamese finance and banking market has become fiercer as existing foreign institutions are rushing to increase capital even as new entrants continually join the market.

Campaign launched to collect belongings of Vietnamese, US veterans

A campaign was launched on July 12 calling for donation of belongings and documents related to Vietnamese and US war veterans, as part of the activities to mark the 24th anniversary of the normalization of the VN-US diplomatic relations.

 

Vietnam needs a strong national reserve fund

Dr. Nguyen Van Binh, director of the Department of Policies and Legal Affairs under the General Department of State Reserves, talks to Viet Nam Financial Times about the need to secure more resources for the national reserve.

A lonely but rewarding life for one dedicated teacher

As professions go, you would expect a teacher to not lead a lonely life. Surrounded by hoards of children eager to learn, the job of an educator should be anything but isolated.

BUSINESS NEWS 14/5

Japanese multi-sector group to expand operation in Vietnam

 

Vietnamese PM asks for more efforts to boost trade ties with key partners

 PM Nguyen Xuan Phuc has ordered ministries and sectors to devise active and practical plans to promote domestic production, create more jobs, and ensure harmonious trade relations with key partners of the country.

Should higher taxes be levied on wealthy Vietnamese?

A reasonable tax rate which both encourages people to enrich themselves and increase the resources of the community is needed.

Farmer finds success exporting rattan and bamboo products

With his passion for preserving a traditional occupation and deft approach to doing business, farmer Le Van Quyet from HCM City’s Cu Chi District has turned simple local materials – rattan and bamboo – into unique and beautiful products for export.

EU doors open widely to Vietnam’s farm produce

With the EU’s strong commitment on opening its market after the EU-Vietnam FTA (EVFTA) takes effect, 94 percent of 547 tax categories of vegetable and fruits will be removed.

Young girl follows family tradition to become a shaman

When most people hear the word shaman, they imagine a wizened old man with a long white beard. At just 17 years old, Lieu Thi Minh Tho defies all expectations, surprising everyone with her deep knowledge of rituals.

VN top legislator’s China visit gives boost to bilateral partnership

National Assembly Chairwoman Nguyen Thi Kim Ngan’s official visit to China from July 8-12 has contributed to consolidating and developing the Vietnam-China traditional friendship and comprehensive strategic cooperative partnership.

Smart TVs surprisingly cheap in Vietnam

Many smart TV models running on Android are being offered at surprisingly low prices of VND3-5 million, cheaper than Samsung, Sony and LG products.

Trash hurts cash: Environmental issues threaten economy

Stepping out of their doors into the scorching heat last week, Hanoians choked on the foul smell of piles of trash left on the streets.

Hanoi struggles to repair damaged ancient buildings

The capital city is home to thousands of ancient structures with huge historical and cultural value; however, nearly half of them are degraded or even facing imminent destruction because of ageing,

Forest fires continue ravaging Binh Dinh and Thua Thien-Hue

New forest fires have broken out in Quy Nhon City in Binh Dinh Province and Thua Thien-Hue Province as the heat wave continues in the central region.