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Overspending, not loss of revenue, is cause of budget deficit: economists

The Ministry of Finance’s (MOF) plan to raise taxes has been facing fierce criticism from economists who believe that the real reason behind the plan is not tax reform, but just money to cover expenditures.

Smoothing passage

Much is being done to address the issues facing Vietnam’s tourism industry to turn it into a key economic sector.

Kindergarten collapses in Hanoi

 VietNamNet Bridge – A kindergarten under construction in the capital city’s outer Nam Tu Liem District collapsed early Monday morning. 

Saigon Heat top national league with win

 VietNamNet Bridge – Saigon Heat continued their winning streak after beating Hanoi Buffaloes 84-77 on their home turf Canadian International School Arena yesterday.

Two killed in fire at house in Hanoi

 VietNamNet Bridge – Two people died after a fire broke out at a house in Chuong My District’s Xuan Mai Town on Monday morning.

Danang’s high-ranking officials are reprimanded

 The Municipal Party Standing Committee and several top officials from the central city of Danang will soon face disciplinary measures as results from investigations by the Party Central Committee’s Inspection Commission.

Vietnam wins four medals at International Dance Festival

 Vietnamese dance artists won four gold, and ten silver medals at the 2017 International Dance Festival, which wrapped up in Ninh Binh province on September 22 after seven days of competition.

Pump to ease HCM City’s serious flooding

 A massive pump system has been installed on HCM City’s Nguyen Huu Canh Street, one of the most flood-prone streets in the city.

Ministry and Khanh Hoa authorities clash over Grab operation

 Even though the Ministry of Transport allowed to implement Uber and Grab pilot projects, the authorities of Khanh Hoa Province are determined to ban Grab due to alleged fears of congestion.

Traditional taxis continue fighting against Uber and Grab

 The Hanoi Taxi Association have continued their vendetta against app-based taxis with a proposal to the municipal Department of Transport to ban their rivals from using roads traditional taxis can’t use.

What's on September 25- October 1

 Events to be held in Hanoi and HCM City from September 25 to October 1.

Heavy rains make landfall in northern region

 Many northern localities, including Quang Ninh, Haiphong and Hanoi are forecast to see heavy rains due to the impact of a tropical low pressure.

Amazing golden rice fields in northwestern Vietnam

Vietnam’s northwestern region welcomes September and October with golden terraced rice fields. Here are some pictures of yellow season in Mu Cang Chai, Y Ty, and Hoang Su Phi taken by Le Viet Khanh.

Artisan strives to keep Khao melodies alive

 Vang Sin Phin, a musical maestro from the northern province of Lao Cai, has dedicated himself to collecting musical instruments and preserving the folklore melodies of his people.

Pork Summer Roll - A specialty of Da Nang

Pork Summer Roll is a specialty of Da Nang that satisfies even the most demanding gourmet. Made from common meat such as pork, this dish has gained a universal reputation in Da Nang and many other regions in Vietnam.

New solar power plan to make investment easier

The national and provincial solar power plans will be released next year, cutting some red tape for the wave of investors registering solar power projects in Vietnam following the introduction of a new feed-in-tariff.

Three loss-making projects to be inspected

 Minister of Industry and Trade Tran Tuan Anh has promulgated decision to conduct inspections at three loss-making projects under their management.

Speculative stocks muddy market trends

 Investors are shifting off blue chips and flirting with speculative stocks, making it more difficult to predict market trends.

Vietnam loses 1-3 to Australia in AFC U16 qualifier

Vietnam lost 1-3 to Australia in the final Group I match of the Asian Football Confederation U16 Championship Malaysia 2018 qualifier held in Ulaanbaatar on September 24.

Finance Ministry to regulate e-trading

 The Ministry of Finance has developed a draft circular that provides a general legal framework on the electronic trading activities at the stock market.