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Vietnamese farmers need $4.4b support package: experts

 Farmers and enterprises need practical support from the credit package of VNĐ100 trillion (US$4.44 billion) for clean and high-tech agriculture development, according to experts.

Bluefin tuna caught in Hoang Sa set record

 A fisherman in Khanh Hoa province caught a 307kg bluefin tuna. This fish has just been confirmed as the biggest bluefin tuna by the Vietnam Record.

A company sued Ministry of Transport

 Hanoi-based An Sinh JSC has decided to file a lawsuit against the Minister of Transport for a decision related to 2 toll stations namely Hoang Mai (Nghe An province) and Bai Chay (Quang Ninh province).

Cat Linh – Ha Dong Railway open to visitors

The Railway Project Management Unit started to open the La Khe Station of the Cat Linh-Ha Dong urban railway project to the public for one month.

Giant dead whales solemnly buried by fishermen

 Within 5 days, two exhausted whales were washed over ashore on the coast of Quang Ngai province. Fishermen tried to return them to the sea but the whales could not survive.

PM wants retirement age increase clarified

 The Prime Minister asks leaders of the Ministry of Labor, Invalids and Social Affairs to clarify eight hot issues, including the planned retirement age hike and child sexual abuse.

Difficulties forecast for IPO of Dung Quat refinery operator

 Binh Son Refining and Petrochemical Co Ltd (BSR), the operator of Dung Quat Oil Refinery, will conduct its IPO in the fourth quarter with 5-6% of shares to be offered, but certain difficulties are in sight, said BSR board chairman Nguyen Hoai Giang.

2017 growth scenarios discussed by cabinet

In a meeting with cabinet members in Hanoi on May 22 to discuss the country’s 2017 growth scenarios, PM Nguyen Xuan Phuc urged them to actively take measures to realize the growth target of 6.7 per cent this year.

Techcombank to mobilize $220mn from shareholders

Bank plans to increase charter capital from $387.69 million to $607.96 million via selling 500 million shares to existing shareholders.

Encouraged by high profits, more investors jump into property market

VietNamNet Bridge - The number of newly set up businesses in the real estate sector in the first four months of the year increased sharply compared with the same period last year. 

US transfers six coastal patrol boats to Vietnam

 U.S. Ambassador to Vietnam Ted Osius on Monday handed over six 45-foot Metal Shark patrol boats to the Vietnam Coast Guard in Quang Nam Province. 

Ministry admits to failure in localisation rate for car industry

 Minister of Industry and Trade Tran Tuan Anh has admitted that the local car industry has failed to achieve the set localisation rate.

Hoang Anh Gia Lai sells sugar business for $59m

Bien Hoa Sugar JSC and Thanh Thanh Cong Tay Ninh Sugar JSC, two subsidiaries of the Thanh Thanh Cong Group, will take over the sugar business from Hoang Anh Gia Lai Agriculture International for VND1.33 trillion (US$59.1 million).

Price of Vietnam sand rises due to limited supply

 Prices of sand for construction continue increasing in HCM City, following authorities’ orders to strictly monitor sand mining sites for illegal activity.

VN agriculture firms receive Gov’t funds

 State credit institutions will offer enterprises developing national agricultural products 70 per cent of investment capital support, said the Ministry of Planning and Investment (MPI).

Vietnam pocket gold, bronze in Asian gymnastics event

 Vietnam grabbed a gold and a bronze at the Asian Artistic Gymnastics Championships, which concluded yesterday in Thailand.

Hanoi wants Japan-built parking planning

 Hanoi’s People’s Committee has proposed that the Government choose a Japanese company as a consultant contractor to implement the planning of underground parking stations in the city.

Path to EU widened for Vietnamese garments-textiles

Vietnam’s garment-textile sector is expected to expand its markets once the Vietnam-EU Free Trade Agreement comes into force in early 2018, reducing tax on Vietnamese garments and textiles exported the EU to 0% over the next seven years.  

Vietnam undertakes measures to support and develop enterprises

 Vietnam undertakes measures to support and develop enterprises

Vietnam grows strongly after 10 years of joining WTO

 Vietnam has been developing strongly after joining the World Trade Organization (WTO) 10 years ago thanks to expansion of relations and reform policies.