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Experts caution against investing in shophouses

Investing in the booming shophouse segment in HCM City could end in losses, if market observers are to be believed.

 

Tax rates on alcoholic beverages in Vietnam too low: WHO

In 2016, the average consumption of beer and liquor in Vietnam was 8.3 liters, much higher than the global average (about 6.5 liters in 2017) and the trend increasingly hiked, up by 90% over the past seven years.

Children's books released for summer holiday

New books for children published by the Kim Đồng Publishing House, a leading publisher for young readers, are now available in HCM City bookstores.

Sea-related policies must solve domestic problems

Maritime policies may change in content over time, but the viewpoints and doctrines must be unchanged – developing a sea-borne economy associated with the protection of national sea and island sovereignty.

Huawei phones without Google apps confuse Vietnamese customers

Huawei phones hold a modest market share due to poor product designs and marketing as well as plain features compared to other brands such as Oppo or Samsung.

Inventories of Vietnam’s 20 listed property firms hit US$7.4 billion

High inventories were attributable to sluggish construction that was caused by legal loopholes.

Logistics enterprises, schools work to close skills gap

With e-commerce and automation changing the landscape of the logistics sector dramatically, there will be a focus on re-skilling the existing workforce in technology, which will improve the competitiveness of the logistics industry.

 

Hisashi Kitamura and Veronika Vadovicova win the Vietnam Jungle Marathon

Hisashi Kitamura of Japan triumphed in the men’s 70km category at the VN Jungle Marathon at Pu Luong Nature Reserve in Thanh Hoa over the weekend, while the women's 70km race saw Veronika Vadovicova from Slovakia take first place.

 

Horse festival in Lao Cai to celebrate northern highlands culture, sports

Cultural activities will be organised in the northern province of Lao Cai as part of the The Festival of the White Highlands Bac Ha between May 31 and June 9.

Agriculture tackles African swine fever subsidy fraud

The Ministry of Agriculture and Rural Development (MARD) has instructed localities hit by African swine fever (ASF) to detect whether there has been fraud designed to take advantage of the Government's financial support for farmers

50kg of crayfish seized in Lang Son

On Saturday, police in Lang Son Province seized 50kg of crayfish being transported in a coach.

Vietnam escapes US’s likely currency manipulator blacklist

The US is likely not to include Vietnam in a twice-yearly report of currency manipulators based on new data the country provided the Treasury Department, Bloomberg reported, citing a person familiar with the matter.

VietinBank to issue bonds worth $427.5 million

The State Bank of Viet Nam has approved the plan submitted by the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) to issue bonds worth VND10 trillion (US$427.5 million).

 

Funding capacity, asset quality of banks improves

The financial capacity of Viet Nam’s credit institutions has solidified in recent years, with their charter capital reaching VND578.9 trillion (US$24.85 billion) by the end of the first quarter 2019.

 

State-owned banks to retain dividends for capital hike

Authorities have basically agreed on a State Bank of Viet Nam (SBV) proposal to allow large State-owned commercial banks to retain their dividends or pay them in shares to increase capital.

 

Vietnam seafood exports to CPTPP member countries up 15 percent

Vietnam’s seafood exports to the other 10 members of the CPTPP have increased sharply since the agreement took effect earlier this year, according to the Ministry of Agriculture and Rural Development.

 

Ninh Thuan builds more solar, wind projects

The central province of Ninh Thuan aims to become the renewable-energy centre of the country, with assistance from the central government's preferential policies.

 

Vietnam's wood exports soar to nearly $3.12b

Export turnover of wood and wooden products reached nearly US$3.12 billion in the first four months of the year, a year-on-year increase of 18.3 per cent, according to the General Department of Customs.

 

Land management violations under investigation in Phan Thiet

More than 176,800sq.m of agricultural land in Phan Thiet City had its status changed to residential land from early 2016 until September 2018 in wrongful decisions by the city’s People’s Committee.

Bus routes to link with Hanoi's long-delayed urban railway

If the Cat Linh-Ha Dong urban railway ever begins operations, 15-20 per cent of drivers in Hanoi will switch to using the train, according to the municipal transport department.