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Vietnam’s $33 billion digital economy attracting big players

VietNamNet Bridge - Vietnam’s digital economy is promising, with value expected to reach $33 billion by 2025, according to the e-Conomy SEA 2018 Report released by Google and Temasek.


Japanese cherry blossoms in VN

At Hai Phong Children’s Palace in Hong Bang District, Hai Phong City on a winter afternoon, children in singing class practice ‘Hiragana’, a song on the Japanese alphabet, under the guidance of teacher Kawakami Mayuko.

Hanoi and Ho Chi Minh City stock exchanges urged to merge in 2019

 The merger is part of a series of measures to develop Vietnam’s stock market.

Foreign investors' securities portfolio in Vietnam swells 9% in 2018

 The stock market continued to be an efficient capital mobilization channel for Vietnam’s economic development.

National Tourism Year 2019 gets underway in Khanh Hoa

 A ceremony has been held in south-central Khanh Hoa province to begin its hosting of National Tourism Year 2019.

Art exhibition opens at VN’s tallest building Landmark72

 VietNamNet Bridge – InterContinental Hanoi Landmark72 will present an exhibition of watercolour paintings by artist Le Ngoc Quynh on Friday.

Solar plants’ consumption crisis

Vietnam’s solar power plants are facing a crisis in consumption of their electricity because there has not been synchronous development of power transmission infrastructure or a suitable operation mechanism. 

Vietnam posts positive year in 2018

 The Vietnamese manufacturing sector continued to record solid growth in December, helping the country show the strongest upturn in ASEAN during the last month of 2018.

Foreign currency lending extended into 2019

 The State Bank of Vietnam (SBV) has issued a circular to allow credit institutions and foreign bank branches to extend loans in foreign currencies to some borrowers in 2019, rather than cutting them off at the end of last year as planned.

Realtors reject foreign purchase claim

 The HCM City Real Estate Association has rejected media reports that there has been a surge in the purchase of housing in HCM City by foreigners, with most being from mainland China and Hong Kong.

Challenges ahead for oil industry

 Viet Nam’s petroleum industry needs to overcome four big challenges to maintain its position as a leading economic sector.

Foreign capital attraction to see new forms

 Vietnam needs to learn about new forms of investment to raise appropriate policies for attracting foreign money, according to chairman of the Viet Nam Association of Foreign Invested Enterprises Nguyen Mai.

Vietnam’s IIP records encouraging growth in 2018

 The nation’s index of industrial production (IIP) in 2018 experienced an encouraging increase of 10.2 per cent over the previous year, the General Statistics Office (GSO) said.

Three Sun Group-invested key transport projects launched in Quang Ninh

 Vietnam’s leading estate developer Sun Group has inaugurated three major transport infrastructure projects in the northern coastal province of Quang Ninh.

Local authorities responsible for violations in BT projects

Departments, agencies and local authorities have been told to review all approved BT projects and take responsibility for any violations in their execution, based on Resolution 160 issued by the Government at the end of 2018.

Building on 2018 successes, 2019 will be a year of ’breakthroughs’: PM Phuc

This will be a year of ‘breakthroughs’ in all sectors and see all striving towards “the highest achievements,” Prime Minister Nguyen Xuan Phuc wrote in an article issued on the first day of 2019 that summarised socio-economic development ...

Hanoi holds flower seasons exhibition

 The Municipal Cultural Center under the Hanoi Department of Culture and Sports is holding an exhibition featuring Hanoi’s 12 flower seasons at the Kim Dong Cultural Center in Hoan Kiem District.

Vietnamese Gov’t targets 2019 GDP growth at 6.8%

 The Government is aiming for a softer gross domestic product (GDP) growth rate of 6.8% this year and an inflation ratio of less than 4%.

HCMC taxman suspends coercive collection of tax from Sabeco

 The HCMC Tax Department has suspended efforts to coerce Sabeco into paying VND3.14 trillion (US$135.4 million) in special consumption tax and fines for violations of tax laws in the 2007-2015 period.

2019: Promising year for labour export

 2019 is considered a promising year for labour export with a series of potential markets with good jobs and salaries are opening door for Vietnamese workers overseas.