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Informal saving market must follow national monetary laws

Lawyer Nguyen Danh Hue, Chairman of the Hung Dong Legal Firm, talks to Kinh tế & Đô thị newspaper on the need for those participating in the informal saving market to understand legal requirements.

Tam Coc-Bich Dong blanketed with green rice fields

Located inside the Trang An Landscape Complex, a world heritage site, Tam Coc-Bich Dong is home to one of the most scenic rice fields in Vietnam, with a romantic waterway and karst mountains.

 

Vietnam set to increase power supply to meet rising demands

Coal-fired power would still play a key role in the country’s electricity industry in the coming years.

Court announces punishments for ex-leaders of Vietsovpetro

 Two former leaders of the Vietnam-Russia oil and gas joint venture Vietsovpetro have been given prison sentences for “abusing position and power to appropriate assets”.

Centre for visa applications to Europe launched in Da Nang

 The Embassy of Belgium in Vietnam held a ceremony to open a centre for receiving visa applications to European countries, including Belgium, Germany and Italy, in the central city of Da Nang on March 22.

Vietnam has huge potential for golf tourism

 With around 40 golf courses which have modern designs and meet international standards, Vietnam holds great potential to develop golf tourism.

Billion-dollar projects remain as oil & gas group could lose big money

VietNamNet Bridge - Of 13 outward investment projects, only two projects of PetroVietnam are profitable. The other 11 projects are meeting big problems.

 

Overseas Vietnamese’s tech products make life easier

 VietNamNet Bridge – There is an islet in the Mekong Delta province of Tra Vinh which is known as a centre for research and cloud computing, reported Tuổi Trẻ (Youth) newspaper.

Heritage and development go hand in hand: experts

 VietNamNet Bridge – Protecting cultural assets and creating spaces for community activity were some solutions given during the Cities of the Future and Heritage Preservation conferences, 

With e-visa, Vietnam opens doors to more foreign travelers

VietNamNet Bridge - The extension of the e-visa policy to a wide range of countries, plus important events held in Vietnam recently, have brought golden opportunities to attract more travelers.


Indonesia's Garuda is canceling its $4.9 billion order for the Boeing 737 Max

 Indonesian airline Garuda said Friday that it's canceling a multibillion-dollar order for Boeing's 737 Max 8 passenger jet after the plane was involved in two deadly crashes in less than five months.

A farewell to art: Dao Anh Khanh and his grand finale

 VietNamNet Bridge – Stood erect in a valley some 50km from Hanoi are three sculptures made from concrete that resemble three giant penises.

Autos from Europe find narrow path into Vietnam: EuroCham

 Besides high import duties, completely-built-up (CBU) automobiles imported from Europe are also subject to strict requirements in Vietnam, leading to the shrinking of the market share of European CBU automobiles.

UK provides English course for Vietnam military officers

 The British Council in Vietnam has provided 17 officers of the Vietnamese People’s Army with an Academic English and IELTS preparation course, which is part of a training program funded by the UK Ministry of Defence.

Japanese fingerstyle guitarist Satoshi Gogo to perform in Vietnam

 Japanese fingerstyle guitarist Satoshi Gogo, who was the special guest in the Vietnam tour 2018 of Korean guitar prodigy Sungha Jung, will perform in Hanoi, Danang and HCMC early next month.

VN Oil & Gas Group clarifies US$584 million “bonuses” in suspended oil project in Venezuela

PVN noted in a statement today, March 21, that a participation bonus in the oil and gas sector it paid to Venezuela was not “commission money” but was in fact an amount of money a contractor must pay the host country when signing contracts.

VN Oil and Gas Group urged to speed up divestment from sensitive business areas

The Ministry of Finance has proposed PVN focus on expediting the divestment of domestic enterprises operating in sensitive business fields such as real estate, investment funds, securities and insurance, VietnamPlus news site reported.

VND4.2 trillion assigned for runway upgrades at Noi Bai, Tan Son Nhat

 The Ministry of Transport on March 21 asked the Government for approval to use VND4.2 trillion (US$181 million) to upgrade runways at Noi Bai and Tan Son Nhat Airports.

Health ministry asks Bac Ninh to stop tapeworm tests

 The Ministry of Health on March 21 requested the Bac Ninh government to direct the provincial Department of Health and local medical centers to stop conducting porcine tapeworm tests on children, the local media reported.

Vietnam’s local currency bond market increases by 9.3% y/y in 2018

 Vietnam’s local currency (LCY) bonds outstanding stood at VND1,180.5 trillion (US$51 billion) at the end of December, down 5.3% quarter-on-quarter, but up 9.3% year-on-year, according to ADB’s latest report of the quarterly Asia Bond Monitor.