Vietnam breaking news

Update news Vietnam breaking news

How Vietnam, US heal wounds of war to build up comprehensive partnership?

 The Vietnam-US relationship appears as a case study of foe-turned-partner after the normalization announced in 1995.

How will Vietnam’s catfish industry fare amid the rise of new rivals?

VietNamNet Bridge - Vietnam has been advised to increase  catfish output to force prices down, to improve competitiveness over other countries. However, this solution has stirred controversy.


ThaiBev may receive high cash dividend from Sabeco

ThaiBev will receive more than VND1.7 trillion (US$73.2 million) in cash dividends for last year if a proposal to increase Sabeco’s dividend payout ratio from 35% to 50% is approved.

NA leader meets French PM in Paris

 National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan met French Prime Minister Edouard Philippe on April 2 as part of her ongoing visit to France.

CPTPP signals pharma breakthrough

 Amid enforcement of landmark free trade agreements, Vietnam’s Ministry of Health has made significant legislative changes.

Lower corporate income tax sought to stimulate SME development

 The Ministry of Finance says in a draft proposal that the corporate income tax (CIT) should be slashed to 15%-17% from the current 20% for small- and medium-sized enterprises (SMEs).

Institutional reform is key to development

If Vietnam is not determined to reform, it will be a lower average income country forever, writes Vu Tien Loc, chair of the Vietnam Chamber of Commerce & Industry (VCCI) for ‘For a Powerful Vietnam’, a forum initiated by VietNamNet.

Interest rates under the pressure of GDP growth

Banks, enterprises and depositors are all concerned about what will become of deposit and lending interest rates.

When will aviation logistics take off?

When Vietjet Air and Bamboo Airways signed contracts worth billions of dollars for aircraft purchase during the recent U.S. President Donald Trump’s visit to Vietnam, many logistics experts expect freighters are among the aircraft ordered. 

Central Vietnam seen as potential site for golf tourism

 Golf tourism is emerging as a potential new tourism product in the central coastal city of Danang and central Vietnam to attract visitors from Europe, according to Deputy Director of the municipal Tourism Department Nguyen Xuan Binh.

5,400 tons of seafood stuck at fishing ports: VASEP

 Some 5,400 tons of seafood for export are currently stuck at local fishing ports as these ports are not authorized to certify the origins of seafood, the local media reported.

Petty bribery subject to fines of up to VND100 million

 Private sector employees caught giving petty bribes could face fines of up to VND100 million (US$4,300), according to a draft Government decree guiding the Law on Anti-Corruption, which will take effect in early July this year.

Rainy season forecast to start late in southern Vietnam

 The rainy season is forecast to start in the second week of May in the south, later than in previous years. Scorching weather continues, with higher average temperatures than in previous years.

Modern steel fishing boats left abandoned due to costly operation

Several modern steel shell fishing vessels are being abandoned in the central province of Ha Tinh as their owners complained that they were incurring losses using them.

2018 PAPI Report: Citizens more satisfied with public services

The 2018 Provincial Governance and Public Administration Performance Index (PAPI) Repor reveals that general improvement in provincial and local government performance, with citizens reporting less corruption in health care and education.

Vietnamese man arrested for selling women to China

 Lao Cai authorities have arrested a man for trafficking women to China.

Government convenes meeting to review socio-economic performance in first quarter

 The Government convenes its regular monthly meeting for March 2019 in Ha Noi on April 2 under the chair of PM Nguyen Xuan Phuc

HoREA proposes solutions for about 100 suspended projects

 The HCM City Real Estate Association (HoREA) has proposed solutions for suspended property projects to avoid damages to the property market, project backers and the State.

Credit growth rate estimated at 2.28 per cent in Q1

 Total outstanding loans of the banking system rose 2.28 per cent as of March 25 and the total means of payment grew by 2.67 per cent compared to late 2018.

VN seeks to improve logistics, eyes climb in World Bank ranking

 The Ministry of Industry and Trade has announced a plan to improve the performance of the logistics sector to improve the country’s business climate.