vietnam latest news

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Merger and acquisition activity raises total FDI

 Despite a decrease in newly-registered capital, the significant growth in the value of mergers and acquisitions became a key element in raising Vietnam’s foreign direct investment in the first five months of 2017.

Vietnam’s exports to US will exceed $40 billion in value

 Vietnam’s exports to US will exceed $40 billion in value

US media delve into Vietnamese PM’s US visit

 A number of newswires and prestigious organisations have published articles commenting on the US visit by Vietnam’s Prime Minister Nguyen Xuan Phuc from May 29-31.

US investment flow into Vietnam opens up new opportunities

 The capital flow from the US is expected to open up a new chapter in investment cooperation with Vietnam, according to Dau tu (Investment) newspaper.

Vietnam, Myanmar hold seventh political consultation

 The Foreign Ministries of Vietnam and Myanmar held their seventh political consultation in the Myanmar capital city of Nay Pyi Taw on May 29. 

State Bank of VN, Da Nang top PAR Index 2016

The State Bank of Vietnam (SBV) ranks first among 19 ministries and ministry-level agencies while the central city of Da Nang tops 63 provinces and cities in the Public Administration Reform Index 2016 (PAR Index 2016).

AFC Futsal Club Championship Vietnam 2017 to host 14 clubs

 Asia’s top 14 futsal clubs discovered their rivals for the AFC Futsal Club Championship Vietnam 2017 slated for July 17-30 after the tournament’s official draw in Ho Chi Minh on May 30.

Vietnam runs trade deficit of $2.7 billion in five months

 Vietnam posted a trade deficit of nearly $2.7 billion this year to the end of May, equal to 1.7 percent of the country’s total export turnover.

Tobacco kills 7 million people every year

In Vietnam, the number of diseases related to cigarette smoke has increased significantly. Experts have said cigarettes are helping cancers to grow.

Vietnam calls for efforts to maintain peace in Korean Peninsula

 Vietnam reiterates its support of every effort to promote dialogue and maintain peace and stability in the Korean Peninsula, Foreign Ministry spokesperson Le Thi Thu Hang said on May 30. 

Legislators scrutinise several draft laws on May 30

 Legislators debated the draft revised Law on Railway during a plenary session in Hanoi on May 30 under the chair of National Assembly Chairwoman Nguyen Thi Kim Ngan. 

Time ripe for US firms to further engage in VN’s restructuring: PM Nguyen Xuan Phuc

 The time is ripe for US businesses to engage more strongly in the economic restructuring of Vietnam, especially in finance-banking and State-owned enterprise equitisation, according to Prime Minister Nguyen Xuan Phuc.

Vietnam, US hold trade meeting in Washington

 Minister of Industry and Trade Tran Tuan Anh and US Trade Representative Robert Lighthizer met as co-chairs of the Vietnam-US Trade and Investment Framework Agreement (TIFA) Council in Washington on May 30.

Vietnamese Gov’t to prevent fishing in foreign waters

 Deputy Prime Minister Trinh Dinh Dung has urged localities to promptly take measures to prevent Vietnamese fishermen from illegally fishing in foreign waters.

VN Prime Minister’s message during US visit

 The Washington Times on May 30 published a message by Prime Minister Nguyen Xuan Phuc on the occasion of his official visit to the United States of America at the invitation of President Donald Trump. 

Professor responsible for discovering medicinal herb in Vietnam

VietNamNet Bridge - Few Vietnamese know about the man who discovered a precious medicinal herb – giao co lam (Gynostemma pentaphyllum): Pham Thanh Ky, rector of the Hanoi Pharmacy University. 

100-year-old cinnamon gardens thrive on Ngoc Linh Mount

VietNamNet Bridge - The centuries-old cinnamon gardens on Ngoc Linh Mount are a treasure which has been preserved for generations. Cadong people consider the ancient cinnamon trees as gifts from God.

People rush to invest in real estate, ignoring risks

VietNamNet Bridge - In the first months of 2017, the number of real estate transactions at the Notary Public Office No 1 in HCMC increased by 17-27 percent compared with the same period last year.

Students study 16 hours a day to prepare for high-school entrance exams

VietNamNet Bridge - Secondary school graduates are now gearing up to prepare for the high-school entrance exams, slated for June 9. 

Vietnam attends Thailand Rice Convention 2017

 A Vietnamese delegation, led by Deputy Minister of Industry and Trade Tran Quoc Khanh, has attended the Thailand Rice Convention 2017 in Bangkok from May 28 – 30.