vietnam latest news

Update news vietnam latest news

Fire kills 9 at confectionery facility in Hanoi

 9 people died after a fire broke out at a confectionery facility which makes cakes and chocolate in Hanoi’s Hoai Duc District on July 29.

Football friendly: U22 Vietnam beat Korean All-Star team

 The national under-22’s Vietnamese football team secured a 1-0 victory over an All-Star team from the Republic of Korea in a friendly match at My Dinh Stadium in Hanoi on July 27.

Vietnam’s exports still going strong despite US protectionism

 There are concerns that Vietnam’s exports to the US could be hurt by the growing US protectionism, its withdrawal from the TPP trade deal and Vietnam’s inclusion on a list of countries with which the US runs a trade deficit. 

Long Son Petrochemicals complex to begin operations in 2022

 Construction of the Long Son Petrochemicals complex is scheduled to take four and half years and commercial operations will begin in the first half of 2022, Mr. Roongrote Rangsiyopash, President and CEO of SCG, told a meeting on July 26.

4G network covers 95% of Vietnam's population

 Some 43,000 4G BTS stations have been deployed nationwide, covering 95 per cent of Vietnam’s population, the 4G LTE 2017 International Conference was told.

IT still leads in recruitment demand

 VietnamWorks, the leading job board recruitment website in Vietnam and a member of the Navigos Group Vietnam, released its Report on Recruitment Demand and Labor Supply in Vietnam in the First Half of 2017 on July 28.

New wave of billion-dollar FDI projects hits Vietnam

 In the first seven months of this year, Vietnam lured in nearly $22 billion in FDI with the comeback of multibillion dollar projects, promising a breakthrough in FDI attraction for the whole year.

Vietnamese textile sector overcomes TPP fall-back in style

 With no sharp increase in sight, and despite a reduced number of projects in recent years, the Vietnamese textile industry still attracts more than $750 million in FDI in the first six months of this year.

Mobile World struggles with growth in saturated consumer electronics market

 Despite the increasing number of outlets, the market share of mobile retailer The gioi Di dong, has stayed unchanged at 42 per cent, thus, MWG has to find ways to solve its growth problems.

Sabeco and Habeco controlling stake may be out of reach for foreign investors

 To date, two of Vietnam’s largest brewers Sabeco and Habeco have yet to publish their specific state divestment plans, however, foreign investors may not have the opportunity to hold the majority stakes.

Samsung to heat up Vietnamese logistics market

 By teaming up with MP Logistics Corporation (MP Logistics), South Korean enterprise Samsung not only demonstrated its interest in the Vietnamese logistics sector, but its participation also heats up the market.

Second Vietnam Private Sector Forum to take place tomorrow

 The second Vietnam Private Sector Forum (VPSF), chaired by Prime Minister Nguyen Xuan Phuc, is scheduled to be held on July 31 at Melia Hanoi.

Tan Rai Bauxite complex accused of polluting environment

 Dozens of households in Cluster 21, Loc Thang Town, Bao Lam District, Lam Dong Province have complained about the discharged water from Tan Rai Bauxite plant while the investor claims water samples tested safe.

HCM City continues advancing capital for metro project

HCM City has advanced additional VND500 billion (USD22.7 million) to pay contractors for the Ben Thanh-Suoi Tien metro project which is facing the capital delays.

Vietnam hopes to export renewable energy equipment by 2050

 Vietnam has focused on renewable energy development and has set a target to export renewable energy equipment by 2050, said a representative from the Ministry of Industry and Trade.

Vietnamese Gov’t to tighten mobile service regulations

 The Ministry of Information and Communications is developing a draft circular on mobile telecommunication network information services, reported the Vietnam News Agency.

Agro-forestry-aquatic exports hit $20.45b in 7 months

 The export value of farming, forestry and aquatic products gained a year-on-year increase of 14.7 per cent, to US$20.45 billion, in the first seven months of this year, according to the Ministry of Agriculture and Rural Development.

Customs hurdles for cashew

 The Vietnam Cashew Association (VINACAS) has asked Government authorities to tackle obstacles in customs declaration procedure.

New decree to help small investors

 A new decree will help improve the quality of corporate governance in public companies and benefit small, individual investors, a senior official said yesterday.

Electric fence erected to protect elephants

 An electric fence is being used on a trial basis to resolve conflicts between wild elephants and people in the southeastern province of Dong Nai, the province’s Forest Protection Sub-Department said on Thursday.