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Agriculture Ministry verifies landslide in Mekong Delta

The Ministry of Agriculture and Rural Development in collaboration with relevant ministries and agencies are verifying landslide in Mekong Delta provinces of Bac Lieu, Ca Mau, An Giang and Dong Thap from May 9- 12.

Visitors complain about environmental fees on Ly Son Island

 Many visitors have complained about the environmental fees which may be charged at a cave on Ly Son Island off the central province of Quang Ngai.

Hanoi apartment upgrades delayed by poor policies

 The upgrade and re-construction of many dilapidated apartment buildings in Hanoi has been delayed by differences between residents, authorities and investors.

Smuggled tobacco be auctioned

 Vietnam will pilot auctioning tobacco seized while being smuggled into the country according to a new instruction by PM Nguyen Xuan Phuc.

SOEs’ losses a source of public frustration - Party Chief

Party General Secretary Nguyen Phu Trong expressed deep concern over the protracted inefficiency of the State corporate sector, saying this is a source of public frustration.

VND21 trillion required to extend metro line from HCMC to neighboring provinces

 VND21,234 billion (about US$935 million) will be needed to extend Metro Line No.1 in HCMC to the neighboring provinces of Binh Duong and Dong Nai, according to a research team of the Japanese Ministry of Economy, Trade and Industry.

PM Shinzo Abe pledges full support for Vietnam to host APEC Summit

 Japanese Prime Minister Shinzo Abe pledged full support for Viet Nam to host the APEC economic leaders’ meeting in Da Nang this November during his reception for Vietnamese Deputy PM, FM Pham Binh Minh in Tokyo on Monday.

Moody's: Capital shortfall remains key credit burden for VN banks

 Moody’s Investors Service has said that Vietnamese banks will face capital shortfalls over the next 12-18 months and that such a situation continues to represent a key credit burden for the industry.

Carlsberg & Habeco negotiations may be nearing conclusion

Carlsberg CEO Cees’t Hart said on May 4 that negotiations with the Ministry of Industry and Trade over an additional stake in Habeco has been “hot, complicated, and cumbersome.”

VN's games revenue expected at $1 billion by 2027

 Vietnam’s games industry is expected to see revenue of $1 billion by 2027, Mr. Le Hong Minh, CEO of VNG, told the Vietnam Games Summit on May 5, citing the burgeoning interest in games among young 

What does ‘airport overloading’ mean for the economy?

VietNamNet Bridge - Everyone complains that airports are getting overloaded, but economists and businesspeople say this is a good sign that the national economy is robust.

SBIC investment certificate for South Cam Ranh IZ to be revoked?

 After leaving its project in South Cam Ranh Industrial Zone in the central province of Khanh Hoa abandoned for eight years, Shipbuilding Industry Corporation (SBIC) may soon lose its licence to develop the project.

Newest adjustment on Tan Son Nhat Airport expansion project sends investors into frenzy

 The detailed adjusted master planning of the project to upgrade and expand Tan Son Nhat International Airport is attracting attention from various large investors.

Policies take effect in Vietnam this May

 From May 5, acts of delivering advertisement brochures, if causing negative impacts on social and traffic order and safety, shall be fined from VND 200,000 to VND 500,000.

VN lays emphasis on quality and disbursement speed of FDI

 Vietnam is attracting a large amount of FDI, but the Ministry of Planning and Investment (MPI) called attention to the quality of the capital and the speed at which it is disbursed, instead of the registered amount.

Vietnam, Cambodia work to enhance media coverage

 Cambodian Minister of Information Khieu Kanharith received Nguyen Van Hieu, Deputy Director General of the Vietnam Authority of Press, on May 8.

Vietsovpetro inaugurates Tho Trang 03 oil rig

 Vietsovpetro, a joint Vietnamese-Russian oil and gas enterprise on May 7 began operating the Tho Trang 03 oil rig (White Rabbit) at well 37P offshore of the southern province of Ba Ria-Vung Tau, 13 days ahead of schedule.

Chinese nationals arrested for alleged theft

 They are 40-year-old Zhu Hai Rong, 41-year-old Qiu Shui Bing and 37-year-old Zhong Jian Hua from China’s Jiangxi province.

HCM City’s 2nd control centre for surveillance cameras opens

 Police in HCM City’s District 12 last week inaugurated a control centre for surveillance cameras they have installed to tackle street crimes and traffic violations and regulate public order and security.

Viettel targets more foreign markets

 The military-run mobile carrier Viettel is planning to expand its investments to Indonesia and Nigeria, two countries with large populations, group leaders told the annual general meeting of Viettel Global, a subsidiary of the Viettel Group.