Vietnam breaking news

Update news Vietnam breaking news

Tax collections from online content creators remain challenging

 An increasing number of Vietnamese YouTubers, such as the short-lived ‘idol’ Ngo Ba Kha alias Kha Banh, earn large amounts of money from the social network but some YouTubers might be trying to evade their personal income tax.

Vietnam to ban toxic weed killer

 Head of the Plant Protection Department Hoang Trung affirmed at a yesterday press brief that Vietnam will ban the use of glyphosate.

Vietnam prepares to avoid commercial disputes on environmental regulations

VietNamNet Bridge - Vietnam’s membership in free trade agreements (FTAs) is expected to bring big economic development opportunities to Vietnam. 

First shrimp online transaction floor debuts

 Vietnam’s first shrimp online transaction floor made its first public appearance in the Mekong Delta city of Can Tho on April 5, helping farmers get the highest possible prices for their product and updates on the cultivation and trade.

Foreign investors set their sights on poorly-performing banks

 Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry.

NA leader heads to Qatar for 140th IPU Assembly

NA Chairwoman Nguyen Thi Kim Ngan concluded her working visit to the European Parliament and left Brussels, Belgium, for Doha, Qatar, on April 6 morning to attend the 140th Assembly of the Inter-Parliamentary Union (IPU -140) and related meetings.

Overseas businessmen, intellectuals pool ideas to build innovative HCM City

HCMC authorities and the committee for overseas Vietnamese today held a meeting in the city to discuss how to build the country’s southern hub into a regional innovative urban and financial centre.

Tourism growth helps boost real estate expansion: insiders

 The development of the tourism sector has helped attracting investment in tourism real estate, while encouraging investors to diversify their projects, products and services, held experts at the Tourism Property Forum 2019 on April 6.

Vietnamese Embassy on Seoul opens hotline amid Goseong fire

 Vietnamese Embassy in Seoul has opened a hotline +821020196869 to provide necessary assistance for Vietnamese nationals in the Republic of Korea (RoK) following eruption of forest fire in Goseong, Gangwon Province.

Hanoi to consider petitioning for compensation of US$81 million

Regarding the compensation value of US$81 million requested by the contractor, the leaders of the Hanoi Urban Railway Management Board denied that the loss was incurred by the delayed land clearance and disbursement.

Vietnam spends over US$47 million per day paying debt

 Vietnam recorded a budget surplus of VND66 trillion (US$2.84 billion) in the first quarter, indicating a sharp improvement from a budget surplus of VND18.48 trillion (US$797.02 million) in the same period of 2018.

Garlic season in Ly Son

 Arriving in Ly Son Island, Quang Ngai province in the last days of March, visitors can feel the lively atmosphere of the "kingdom" of garlic during the only harvest season of the year.

Rooftop solar power can be game changing

 Vietnam’s rapid GDP growth and accelerated development as a global manufacturing hub is creating an anticipated infrastructure problem, which is a growing power demand-supply gap.

Corporate bonds give bank deposits a run for their money

 A question being asked by many experts now is why banks are joining a race to increase deposit interest rates though there is no ostensible liquidity shortage.

Overseas developers heat up market

The foreign capital flows into the Vietnamese real estate sector since the beginning of 2019 remain on pace as the second-most attractive after manufacturing and processing, thanks to a climb in interest from overseas investors. 

Wind power barriers need removing

 Vietnam’s latest and most comprehensive regulation on wind power development is expected to leave much room for improvement. 

Wooden furniture producers prefer outsourcing, reluctant to build brands

VietNamNet Bridge - Vietnam is a big woodwork exporter, but products are labeled as foreign made, with few local brands.


Cambodia returns land taken from Hoang Anh Gia Lai

Information that Cambodia has taken back 742 hectares of land from Hoang Anh Gia Lai (HAG) had a negative impact on the HAG and HNG shares, but the company said it has not received any decision from the Cambodian government to this effect. 

Trillions of dongs of Vietinbank stuck in Vinachem projects

 Four of the trillion-dong loss-making projects under the Ministry of Industry and Trade (MoIT) are under the hands of Vietnam's chemical group Vinachem.

South Korean M&A part of wider plan

 South Korean investment into Vietnam via mergers and acquisitions is heading upwards, as the foreign investor aims to build a stronger presence in the country.