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Long term plan needed to respond to climate change in Vietnam

Le Thanh Tung, deputy head the Department of Plant Cultivation, under the Ministry of Agriculture and Rural Development, speaks to Nông thôn Ngày Nay newspaper on the need to develop a long term plan to cope with floods in the Mekong Delta.

Going to school against all the odds

Ho Thi Phuong has a lot more responsibilities on her small shoulders than any 15-year-old should. The ninth grader raises her three siblings alone, without help from her mother or father.

Fierce competition predicted for Vietnam’s retail leasing industry

 Competition is set to intensify for Vietnam’s retail leasing market, mainly due to the entry of foreign players and the rise of e-commerce, stated Viet Dragon Securities Company (VDSC) in its latest report. 

Vietnam banks expect higher profitability in 2019: VN central bank

 Eighty eight percent of Vietnam’s credit institutions expected higher profitability in 2019 compared to the previous year, of which 20 – 29% predicted “much improvement”.

East Ho Chi Minh City residential segment leads the market in 2019

 Despite a remarkable decrease of new supply in the rest of 2019, the east of Ho Chi Minh City remains one of the most popular areas among buyers, according to experts.

Vietnamese platforms among most visited e-commerce sites in region

 Among the top 10 most successful e-commerce platforms in Southeast Asia in 2018, based on average monthly web traffic, five operate in Vietnam - Lazada, Shopee, Tiki, Thegioididong and Sendo, according to new findings from iPrice research.

Vietnam to attend int’l U18 football tournament in Hong Kong

 Twenty-eight players have been summoned to the Vietnamese U18 team by head coach Hoang Anh Tuan in preparation for the upcoming 2019 International U18 Football Tournament in Hong Kong (China).

Vietnam’s overseas investment reaches $120 million in three months

 Viet Nam’s total outbound investment in the first quarter of the year hit an estimated US$120 million, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Viet Hung’s stoppage-time header hands Vietnam win against Indonesia

 Midfielder Trieu Viet Hung scored a dramatic late winner to steer Vietnam to a close 1-0 victory over Indonesia in their second Group K clash of the 2020 AFC U23 Championship qualifiers at Hanoi’s My Dinh National Stadium on March 24.

Vietnam’s local currency bond market increases by 9.3% y/y in 2018

 Vietnam’s local currency (LCY) bonds outstanding stood at VND1,180.5 trillion (US$51 billion) at the end of December, down 5.3% quarter-on-quarter, but up 9.3% year-on-year, according to ADB’s latest report of the quarterly Asia Bond Monitor. 

Bank exec mulls over real estate market growth perspective in 2019

 Pham Hong Hai, CEO of HSBC Vietnam Limited, weighs over customers’ top choices in Vietnam’s real estate market in 2019 and how the bank could support homebuyers to realise their life-time housing dream.

Over 8,775 tons of Vietnamese rice stuck in Malaysia for no reason

 The consignment of 351 containers of Vietnamese rice in transit at Kota Kinabalu port on their way to Luaban port to export to the Philippines and Hong Kong have been sequestered by the customs division.

Sacombank sell two big real estate projects to deal with bad debts

 To resolve bad debts, Sacombank has just decided to discount two real estate plots it previously put on sale by nearly VND1.812 trillion ($78.78 million).  

Golden Gate chairman recommended for Mobile World management board

 Mobile World’s bachhoaxanh.com food store chain is seeing good prospects thanks to the co-operation with Golden Gate, which owns more than 300,000 restaurants across the country. 

Hanoi, HCMC among top five global cities with highest office yield

 Hanoi and Ho Chi Minh City (HCMC) have been ranked among the top five global cities that offered the highest office yield in the world, according to a newly-released world office report.

Electricity price rise to hamper manufacturing operations: experts

 They have criticized an upcoming surge in the average retail electricity tariff for hindering enterprises from restraining production costs.

Vietnam optimises ASEM cooperation to raise its position: official

Vietnam will make the best use of open opportunities for result-oriented cooperation generated by the ASEM to serve its socio-economic development and improve its position in the international arena.

What challenges Vietnam on way to become potential investment hub?

The Vietnamese leadership seems to have been inspired by Singapore and the Nordic countries which would ensure more sustainable and equitable growth.

Vietnam's trade deficit estimated at $900 million in February 2019

 Vietnam saw a trade deficit of nearly 900 million USD in February 2019, according to the General Department of Customs.

New legal framework required for Vietnam’s fast-growing e-commerce

 Vietnam’s fast-growing ecommerce has exposed shortcomings in the current legislation, posing challenges for both government agencies and users, Cong Thuong newspaper, run by the Ministry of Industry and Trade, reported.