SEARCH RESULTS

Advanced search

Government News 28/12

Deputy PM urges stronger Vietnam-RoK cooperation, PM: Vietnam, US should continue close multifaceted cooperation, Vietnamese defence chief pays official visit to Cambodia, Deputy PM welcomes newly-appointed Chinese ambassador

Footwear, bag exports estimated at $19.5 billion this year

 Exports of footwear, suitcases and bags of all kinds are estimated at 19.5 billion USD in 2018, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).

Despite big losses, retailers continue to expand in Vietnam

VietNamNet Bridge - Many retailers have reported losses, but they are continuing to pour more money into Vietnam to expand their networks.

Van Don International Airport to open on December 30

Van Don International Airport in the northeastern province of Quang Ninh will officially open on December 30.

Enjoy a 5-star vacation in Phu Quoc for only VND1.8 million/night

VietNamNet Brigde - On the occasion of the New Year 2019, the 5-star resort hotel Premier Residences Phu Quoc Emerald Bay has launched an attractive incentive program for travelers who book rooms from now until January 31, 2019.

Manufacturing sector draws most interest from foreign investors

 The manufacturing and processing sector garnered the most interest from foreign investors in 2018, attracting 16.58 billion USD, or 47 percent of the registered capital.

BUSINESS NEWS IN BRIEF 28/12

First FujiMart opens in Ha Noi, Techcombank chairman’s son raises stake to 3.95%, State Treasury raises $7.09 billion via G-bonds, Viettel Group embraces industry 4.0, Effective mechanism needed for animal husbandry sector           

VN's trade surplus estimated at $7.21 billion this year

 The General Department of Vietnam Customs estimates the country’s trade surplus this year at 7.21 billion USD, 5.1 billion USD higher than the figure registered last year.

Vietnam's GDP growth rate in 2018 highest in 11 years

 Vietnam’s Gross Domestic Product (GDP) grew by 7.08 percent in 2018, the highest in the past 11 years, the General Statistics Office (GSO) announced on December 27. 

Seven CAAV teams set up to keep special watch over Vietjet Air

 The Civil Aviation Authority of Vietnam (CAAV) has set up seven teams to keep special watch over the budget carrier Vietjet Air from December 28, 2018 to January 15, 2019.

Vietnam’s stock market capitalisation reaches $170.93 billion

Vietnam’s stock market capitalisation rose 13.5 percent against the end of last year, reaching a record high of 3.98 quadrillion VND (170.93 billion USD), according to the State Securities Commission (SSC).

Vietnam to build 160 stations for global navigation satellite system

 Vietnam plans to build 160 stations to serve its Global Navigation Satellite System (GNSS), aiming to increase the system’s accuracy and nationwide coverage.

Social News 28/12

HCM City trade unions ensure happy Tết for labourers, Hundreds of families in Kien Giang long for clean water, Oil spill causing headaches, Đà Nẵng police bust online gambling ring, Vietnam improves HIV care and support services

This year’s CPI expands 3.54 percent from 2017: GSO

 2018 is considered a successful year in controlling inflation as the average consumer price index (CPI) rises by 3.54 percent from 2017 and 2.98 percent from last December, meeting the CPI growth target of under 4 percent.

PM chairs last monthly Government meeting of 2018

Prime Minister Nguyen Xuan Phuc chaired the Government’s regular meeting on December 27, during which he shared that Vietnam’s GDP growth rate rose 7.08 percent in 2018 – the highest ever in the past 11 years.

Vietnam has 23.3 million young people

 The number of young Vietnamese people aged from 16-30 is estimated at 23.3 million in 2018, accounting for 24.6 percent of the country’s population, down 0.6 percent against the previous year.

ASIAD gold medalist named most outstanding athlete in 2018

 Track and field athlete Bui Thi Thu Thao, who won a gold medal for Vietnam at the 2018 Asian Games in Indonesia in August, has overcame other rivals to become the most outstanding athlete of Vietnam in 2018.

Taiwan detains 11 alleged fleeing Vietnamese tourists

 Eleven out of 152 Vietnamese tourists who were suspected of fleeing in Taiwan were detained by the local authorities for investigation, according to the Vietnam Economic and Cultural Office in Taipei.

Vietnamese producers have upper hand in snack food market

VietNamNet Bridge - A survey has found that Vietnamese youth spend VND13 trillion a month on snacks. 

Will CCTV cameras help eliminate physical abuse incidents at schools?

Many parents have urged schools to install CCTV (closed circuit television) cameras in classes to prevent teachers’ abuse of students, but experts say the it will not solve the problem.