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Vietnam builds Global Navigation Satellite System stations

Vietnam is completing the construction of 65 Continuously Operating Reference Stations (CORS), using the Global Navigation Satellite System (GNSS) to provide highly accurate geo-spatial positioning data.

Private schools attracting more investment capital

Investment from private equities is heading for the educational sector in Vietnam.

BUSINESS NEWS 25/7

Experts have high hopes for inflation scenarios

Old-style growth model for VN banks is outdated

Credit was the major source of income of banks. In 2018, when credit grew by 14 percent compared with the years before, the profit of banks increased by 40 percent, according to the National Finance Supervision Council.

Controversial express railway project to go before NA next year

The Government will submit the controversial North-South high-speed railway project to the National Assembly (NA) in May next year.

 

Tax tools should be used effectively

The battle against single-use plastic products has not yet delivered any satisfactory results. Solutions are plenty, but what is lacking is their enforcement.

Ensuring African swine fever does not cause a food shortage

Nguyen Xuan Cuong, Minister of Agriculture and Rural Development, talks to Kinh tế và Đô thị (Economic & Urban Affairs) newspaper about measures to prevent a food shortage at the end of this year.

China once again violates Vietnam's sovereignty and international law

It isn`t the first time China ignored protests and warnings from Vietnam and the outside world.

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.