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FPT to deploy digital traffic map for Hanoi

FPT will implement a digital map of Hanoi that provides people and agencies with real-time traffic information and a list of traffic infrastructure facilities for public transport. 

Vietnam struggles with gender imbalance

The sex ratio at birth has risen in 45 provinces and cities a year after the plan to control gender imbalance for 2016-2025 period was agreed, announced the General Office of Population and Family Planning before World Population Day on July 11.  

Hanoi: Foreigner attacked after traffic incident

 A road accident in Hanoi last week turned violent as a foreigner and two local men fought.

Auto enterprises propose import duty reduction

 Vietnam’s auto manufacturers and assemblers have proposed the Government reduce import duty on auto parts so that they can sell cars at more competitive prices than those of completely-built-up vehicles imported from regional countries.

Politburo gets tough on 12 loss-making projects

 The Politburo is resolute to handle 12 loss-making megaprojects, affirming the State budget would no longer be used to finance these projects.

Four satellite cities ploddingly implemented in HCM City

 According to HCMC’s master construction plan by 2025 approved by the Prime Minister, the city will have four satellite cities. However, implementation of these projects have rather been slow.

Steady as she goes

What do business leaders think about Vietnam's economic situation?

Administrative reforms assist Hanoi businesses

Hanoi has been taking major steps towards the government’s recommendations on improving the business climate towards transparency and international conformity.

Ocean Bank finds new foreign owner

A source of VIR revealed that the zero VND Ocean Commercial Joint Stock Bank (Ocean Bank) has been sold to a foreign bank in Asia. 

Taxi associations beg PM for help in competition with Uber and Grab

 Hanoi, Danang and HCM City’s taxi associations have sent a joint petition to Prime Minister Nguyen Xuan Phuc, asking for him to intervene to guarantee a fair business environment.

Firms oppose rice export monopoly

 Firms are complaining that the Vietnam Northern Food Corporation and Southern Food Corporation are monopolising markets as they are banned from signing contracts prior to the giant businesses getting first option.

Vietnam's top tennis player expected to enter ATP’s top 500 after victory in Thailand

Vietnam’s top tennis player Ly Hoang Nam came from behind to beat number two seed, Jankovits Yannick of France, with a score of 2-1 in the Thailand F3 Futures final on June 24, thereby claiming the men’s singles title in a convincing manner.

Ambassador Konstantin Vnukov optimistic about Vietnam-Russia ties

 Russian Ambassador to Vietnam Konstantin Vnukov said he is optimistic about the future of Vietnam-Russia cooperation as both countries share long-lasting relationship and many issues of common concerns. 

Building traditional houses become new hobby of the rich in Vietnam

 Many Vietnamese people have paid billions of VND to build and buy traditional houses.

FDI in Hanoi lifts city to new highs

 With its great economic and geographic potential, Hanoi has increasingly become more critical to the investment strategy of foreign investors, many of whom are planning large-scale operations in the city.

Vietnam still fumbling for policy to control rice exports

VietNamNet Bridge - Vinafood 1 and Vinafood 2 want to be exclusive bidders for government-to-government (G2G) rice export contracts, but analysts warn of the dangers of a monopoly. 

Local banks recovering from a long slump

 Since the beginning of this year the shares of many banks have appreciated significantly, with the increases ranging from 8 per cent to even 80 per cent.

Shortage of local raw rubber material

 Although Viet Nam is the world’s third largest exporter of natural rubber, businesses still have to import rubber raw material to meet the demand for production and processing.

Hanoi’s red carpet for investors

 Enterprise drives the development of Ha Noi and the city has committed to leading the country in improving the investment and business environment and supporting enterprises, said municipal leaders at a conference in Ha Noi on Sunday.

International table tennis tourney to be held in Vinh Long

 The Vinh Long International Table Tennis Tournament is scheduled to begin on July 7-9 at Vinh Long Sports Centre.