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Better defence diplomacy – a target of 2017

 Promoting proactive and active international integration and the effectiveness of defence diplomacy is one of the focuses of military activities in 2017, said Minister of National Defence Ngo Xuan Lich.

Piaggio Vietnam recalls 13,000 liberty ABS scooters

  Piaggio Viet Nam is recalling 13,000 Liberty ABS scooters produced between September 2015 and December 2016, after it discovered a problem with the two-wheeler’s frame.

Khen, flower festival to be held at Fansipan Legend

 A competition of khen, a popular wind instrument of the ethnic people, and a flower festival will be held at Fansipan Legend in Sa Pa Town, Lao Cai Province, soon.

FPT records $2 billion in revenue

 FPT Corporation recorded consolidated revenue of VND40.5 trillion (US$1.8 billion) last year, a year-on-year increase of 1.4 per cent.

Vietnam likely to launch bond derivative market in Q1

Viet Nam will likely launch its bond derivatives market in the first quarter of this year. This is part of the four-year roadmap for the domestic bond market.


Vietjet to raise $84 million from share issuance

 Vietjet Aviation Joint Stock Company will issue more than 22.3 million shares, equal to 7.46 per cent of the company’s outstanding shares, to Huong Duong Sunny Investment Co Ltd.

Small banks avoid being merged or acquired

 Small-sized banks are making great efforts to grow to avoid being merged or acquired, however, it is not easy.

Interest rate under pressure to remain unchanged

 The central bank has targeted keeping interest rate stable in 2017, however, the market’s developments in the first half of January 2017 show that lending rates are suffering from many pressures.

Social News 1/2

 Youths join hands to develop Cham Island, PM attends Ngoc Hoi-Dong Da victory celebrations, Sea dyke erosion worsens in Kien Giang, Thua Thien-Hue welcomes 100,000 tourists during Tet

BUSINESS IN BRIEF 1/2

 Maritime trademark - key for maritime economic growth, Algeria ranks fourth among Vietnam’s export destinations in Africa, Tourism expected to drive Hai Phong forward, Khanh Hoa designates Van Phong bay as key economic zone

Samsung pledges $2.5 billion FDI, asks for more investment incentives

Samsung Display Vietnam (SDV) has expressed its willingness to invest $2.5 billion more in Bac Ninh province, thus raising total investment scale of the project in the locality to $6.5 billion. 

Retailers boost sales by developing multiple channels

VietNamNet Bridge - The revenue from e-commerce only accounts for 2.8 percent of total revenue of Vietnam’s retail industry, but state management agencies say they want to see the figure rise to 5 percent by 2020.

Vietnam charts path to sustainable forest development

 A new report by the German International Climate Initiative has commended the governmental policies on protecting and restoring forests in Vietnam and the country’s efforts to implement a sustainable forestry model.

20 years as bedrock of bourse

As one of the first developers of the Vietnamese stock market 20 years ago, State Securities Commission chairman Vu Bang has seen plenty of ups and downs in the market. He talked about his experiences.

APEC Year 2017: Vietnam actively promotes international integration

 Vietnam hosts this year Asia Pacific Economic Cooperation forum following its first hosting of the event 11 years ago. APEC 2017 marks Vietnam’s new achievements in international integration.

Pepper-based ecotourism promoted in Phu Quoc

 The island district of Phu Quoc in the Mekong Delta province of Kien Giang has actively promoted pepper-based ecotourism, with the aim of diversifying its tourism and promoting its pepper product.

Localities embrace Lunar New Year to lure visitors

 Cities and provinces nationwide were bustling during the Lunar New Year, the most important festival of Vietnam, running from January 26 to February 2. 

Ramsar sites - “Home” to rare marine species

 Wetlands play a very important role in the country’s socio- economic development, environment, culture and history, particularly biodiversity conservation, because they are "home” to a lot of rare species which are at high risk of extinction. 

Exploring the heritage land of Kinh Bac

 Whenever describing the Kinh Bac area, we always mentionthe two world heritage sites and hundreds of relic sites, beauty spots, and traditional craft villages. 

Vietnam to thrive in 2017: Russian experts

 In an interview with the Sputnik news agency, a number of Russian experts forecast 2017 will be a year of success for Vietnam.