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Ministry of Industry & Trade abolishes 471 hydro-electricity projects

The Ministry of Industry and Trade (MoIT) has terminated eight terraced hydropower stations and 463 small hydro-electricity plants.

First university in VN purchases robots from Japan for study purposes

 Lac Hong University became the first university in Viet Nam to buy two robots, named NAO, from Japan for study purposes.

Electric car service to be launched in Hoi An

Quang Nam’s provincial People’s Committee has approved a plan on conducting the pilot scheme of using electric cars to carry tourists in Hoi An city from January 1, 2017.

PM Phuc requests clarification from trade ministry on eight major issues

Minister and Head of the Government Office Mai Tien Dung has conveyed the request from Prime Minister Nguyen Xuan Phuc to the Ministry of Industry and Trade to clarify eight major issues, in addition to the ministry’s assigned duties.

Public sculptures vandalised in Hue

 Many of 100 sculptures located along Huong River in Hue City have been stolen or seriously deteriorated.

Vietnam fails to tame road costs

 Despite the efforts to attract private sector investment into infrastructure projects, 50% of the investment are still sourced from the state budget and ODA loans, while drivers still suffer from high road tolls.

Ly Hoang Nam jumps 93 spots in ATP doubles rankings

 Top tennis player Ly Hoang Nam has moved up 93 spots to No. 619 in the men’s doubles rankings in the latest Association of Tennis Professionals (ATP) world rankings unveiled on November 14.

HCM City prepares to usher in ‘Year of the Rooster’

Nguyen Hue Flower Street 2017, the nation’s biggest and most anticipated celebration welcoming the lunar new year will open January 25-31, the Ho Chi Minh City People’s Committee has unveiled.

Customs sector to collect $39.74m from auto importers

  More than 100 auto importers will have to pay a total of VND888 billion (US$39.74 million) due from the previous years, according to a report from the Customs Department in HCM City.

TechFest Vietnam 2016 winners receive Silicon Valley trip

 Two start-ups, HACHI and Tay May To Mo, won prizes at TechFest Vietnam 2016 to visit Silicon Valley in the US.

Habeco, Carlsberg deal not yet finalised: officials

The Ministry of Industry and Trade has not yet completed talks to sell its ownership in the Ha Noi Beer, Alcohol and Beverage Corporation (Habeco) to the Danish brewer Carlsberg, according to officials.

VN Central Bank to change foreign currency lending rules

 The State Bank of Viet Nam (SBV) is drafting a new circular on foreign currency lending.

Over one million tonnes of rice left over

Current amount of rice leftover from domestic businesses is now about 1.2 million tonnes, according to the Vietnam Food Association’s statistics at the end of October, 2016, due to excess supply over demand.

PetroVietnam proposes adding power plants to national grid

 Vietnam National Oil and Gas Group, or PetroVietnam, has proposed to add the construction of the Nhon Trach 3 and 4 thermal power plants to plans for national electricity development.

Vietnamese lifters win 17 titles at Asian champs

 Vietnamese lifters pose for photos after completing their competitions at the Asian Youth, Junior Men’s and Women’s Weightlifting Championships in Japan. 

Ba Ria – Vung Tau reports first Zika case

 The southern province of Ba Ria-Vung Tau has confirmed the first Zika virus infection in the province. 

Startups raise huge capital from foreign investors

VietNamNet Bridge - Many technology startups have received funds worth tens of billions of dong after their first calls for capital.

Intermediaries need assistance to develop sci-tech market

 A lack of effective intermediary organisations which can connect inventions with the market is a problem for the development of Vietnam’s sci-tech market, heard a conference in Ho Chi Minh City on November 14. 

Remittance flow to Vietnam surges

 Remittance flow to Vietnam surges

Laos honours Vietnamese voluntary soldiers, experts

 Some 130 former voluntary officers and experts in central Thanh Hoa province were granted orders and medals from the Lao Government for their services with its national liberation cause.