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Vietcombank to sell 7.6 million Vietnam Airlines’ shares

 Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has registered to sell 7.6 million shares of Vietnam Airlines Corporation, which is listed as HVN on the stock market.

HCM City's construction master plan approved

 The Ministry of Construction said on January 23 that  its adjusted construction master plan for the Ho Chi Minh City Zone to 2030 with a vision to 2050 had been approved by the Government last month.

PVP Land asset embezzlement case brought to trial

The Hanoi People’s Court on January 24 opened the trial for Trinh Xuan Thanh and his accomplices accused of “asset embezzlement” at PetroVietnam Power Land JSC (PVP Land). 

Illegal transport of 114 pangolins found in Ca Mau

 Local law enforcement forces of the southernmost province of Ca Mau recently uncovered the illegal transportation of 114 pangolins, the Department of Forest Rangers said on January 23.

Two Vietnamese hotels in Condé Nast Traveler 2018 Gold List

 Sofitel Legend Metropole Hanoi and Park Hyatt Saigon, Ho Chi Minh City, were placed on the 2018 Gold List of the best hotels worldwide by the US travel magazine Condé Nast Traveler.

APPF in forefront of fostering sustainable development goals

APPF-26 focused discussions on different aspects of the theme “Parliamentary Partnership for Peace, Innovation and Sustainable Development”, reflected by its efforts to strive for gender equality and promote the implementation of the SDGs.

Government News 24/1

 President lauds Egyptian ambassador’s contribution to bilateral ties, President hails Vietnam-Singapore strategic partnership, Senior officer attends celebration of Royal Thai Armed Forces Day

Social News 24/1

 WB okays $118 mln for post-disaster reconstruction in central Vietnam, Health facilities call for blood donations for Tết, 2 Lao drug traffickers caught by Ha Tinh police, Experts propose to expand Ho Chi Minh Highway

Deposits withdrawn as scarcity of imported autos sends prices up

 Car buyers have withdrawn their deposits due to prices being higher than expected and tougher rules making imports more difficult.

Just half of registered businesses in Vietnam operational

 Vietnam had around 505,000 operational enterprises though the number officially registered was one million as of early last year, according to the General Statistics Office (GSO).

Trade, investment cooperation should drive ASEAN-India ties: PM

 Trade and investment cooperation should be targeted as the main engine and first priority for the ASEAN-India strategic partnership, said Prime Minister Nguyen Xuan Phuc. 

EuroCham urges Vietnam to relax visa requirements

EuroCham has proposed the Vietnamese Government relax visa requirements including visa exemptions for more countries, visa on arrival and specific visa rules for those tourists re-entering the nation in less than 30 days.

Locals and expats back Bui Vien pedestrian street expansion

 Local residents and international visitors have shown support for a proposal by the authority of District 1 to enlarge Bui Vien pedestrian-only street in the backpacker’s area before the forthcoming Lunar New Year (Tet) holiday.

French photographer Rehahn opens photo exhibition in Hoi An

 French photographer Rehahn, who has been picked as one of the world’s 20 most renowned photographers in 2017 by the international photography site www.webneel.com, is putting on a permanent photo exhibition at Hoi An Museum.

Cua Van fishing village among world’s 16 most wonderful destinations

Cua Van, a small fishing village in Quang Ninh, has been recognized as one of the world’s 16 most picturesque villages by Journeyetc.com, a travel blog that provides useful guidance and information about the global travel market.

Vietnam’s cosmetics imports double to US$6 billion

 Vietnam’s cosmetics imports hit nearly US$6 billion in 2017, twice as much as in 2016, heard a conference on natural and organic cosmetics held by the Vietnam Cosmetic Distributor and Retailer Club in HCMC on January 19.

The human-elephant conflict in India's tea state Assam

 Growers of world-famous Assam tea are encroaching into forests, fuelling a conflict between elephants and humans, locals and authorities in the Indian state have said.

National Tourism Year 2018 to be held in Quang Ninh

 The National Tourism Year 2018 is scheduled to be held on April 28, said Chairman of the Quang Ninh provincial People’s Committee Nguyen Duc Long.

Conditions on establishment of FIEs’ for retail activities

 The Government issued Decree No.9/2018/NĐ-CP defining the conditions on the establishment of retail activities of foreign invested enterprises (FIEs) in Viet Nam. 

Vietnamese crazy about foreign brands

Fashion, fast food, beverage, cinema and retail brands have been opening more and more stores in Vietnam as the retail sector has seen fast growth in recent years.