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Electricity consumption breaks 2018 record

The consumption of electricity has set a new record, exceeding the peak of 2018 and thus putting the national power grid under pressure.

 

China still key market for Vietnamese farm produce

Deputy Minister of Agriculture and Rural Development Tran Thanh Nam has emphasized that China remains a major market for Vietnam’s farm produce and called upon Vietnamese firms to optimize export opportunities to this market.

 

Sales of auto in Vietnam down despite of strong discounts

Despite huge reductions in the price of motor vehicles, car dealerships say sales have been unexpectedly slow in recent weeks.

 

Stricter fines proposed for drunk drivers

Drunk car drivers may be fined up to VND30 million (USD1,304) and have their driving license revoked for two years.

E-wallet users likely to update personal information

The central bank is seeking comments on a draft circular revising and supplementing some articles of Circular 39 on payment intermediaries, including asking e-wallet users to provide additional personal information.

 

Teacher fired after being caught beating children

A primary teacher in Hai Phong City has been fired for hitting several pupils while doing an exam.

 

Anti-corruption committee looks to ramp up efforts in key cases

The Standing Board of the Central Steering Committee on Anti-Corruption has urged authorised agencies to step up the fight against corruption.

Research reveals socio-economic development disparity among ethnic minorities

The World Bankand the Committee for Ethnic Minority Affairs held a workshop in Hanoi today to announce the research results on factors affecting the socio-economic development of ethnic minority groups in Vietnam.

 

Market’s liquidity stays stable amidst exchange rate uptrend

The monetary market’s liquidity has remained stable and foreign currency supply and demand are relatively balanced amidst the uptrend of USD/VND exchange rates over the last few days.

Lao nationals gain Vietnamese citizenship

As many as 17 Lao nationals living in Dak Glei district of the Central Highlands province of Kon Tum were granted Vietnamese citizenship certificates during a ceremony on May 21.

 

Vietnam’s PE investment surged in 2018: Grant Thornton

Local private equity (PE) investment market experienced a thriving year, with 38 transactions in 2018 worth a total of US$1.6 billion, marking a record high for the past decade.

 

Auchan’s three supermarkets in HCMC remain operational

French supermarket group Auchan Retail will temporarily keep its three HCMC-based supermarkets in service while 15 others will be shut down nationwide, said Auchan’s communications director.

 

VN Tra fish breeders face heavy losses from low prices

After racing to breed tra fish, farmers in the Mekong Delta region, mainly in the Tien Giang and Long An provinces, suffered heavy losses because of the rock-bottom prices of tra fish in the market.

 

Gov’t approves construction of two key expy projects

The Government has given the green light to the construction of two key expressway projects—Hoa Binh-Moc Chau in the north-west and Phan Thiet-Dau Giay in the south, under a public-private partnership format.

 

 

Nothing wrong with recent power price hike: ministry

The Ministry of Industry and Trade’s decision to raise the electricity price by 8.36% on average is in line with the Electricity Law and the Government’s relevant decisions and directives, according to a report sent to the Government.

 

Google developer event to attract 1,000 participants

Google I/O Extended, an annual gathering for software programmers, is scheduled to take place in Da Nang on June 15, attracting 1,000 participants and featuring over 30 booths and 20 speakers.

 

Vietnam’s non-cash payment market booms in Q1

Online and mobile payments have kept booming, with year-on-year growth in the first quarter of 2019 reaching 70% and 97.7%, respectively.

 

Ha Giang sees first outbreak of African swine fever

Dozens of pigs infected with African swine fever were culled on Monday in the northern province of Ha Giang by local veterinary sub-department, according to the province's Department of Agriculture and Rural Development.

Team established to supervise coal exploitation

The Ministry of Natural Resources and Environment has set up an inter-disciplinary inspection team to supervise coal exploitation at mining areas nationwide in the last six months of this year.

HCM City not making use of abandoned spaces

Large areas under elevated roadways in HCM City lie abandoned even as the city suffers from a severe shortage of parking spaces.