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Ly Son islanders abandon lobster farming

Seafood farmers in Ly Son Island, Quang Ngai Province, have suffered billions of dong in losses after their lobsters died and prices dropped. 

Prime Minister Nguyen Xuan Phuc leaves Hanoi for Cambodian tour

 PM Nguyen Xuan Phuc and his spouse officially begin their official visit to the Kingdom of Cambodia from April 24-25 at the invitation of his Cambodian counterpart Samdech Techo Hun Sen.

Man detained for bringing $400,000 into Vietnam

A man in the southern province of Binh Phuoc has been detained for trying to bring USD400,000 into the country.

Foreign bloggers visit Vietnam

 As many as 11 foreign bloggers from Germany, France, Italy, Japan, Singapore, Indonesia, and Taiwan (China) are making a week-long tour of Vietnam until April 28 to discover numerous places of interest throughout the nation.

Viettel gets ready for April IPO in Tanzania

Viettel Tanzania Limited Company (Halotel) is completing an IPO prospectus and corporate valuation in preparation for its IPO filing on the Dar es Salaam Stock Exchange (DSE) in Tanzania this month, Viettel Global reported. 

Clean-up event held in Hanoi to mark Earth Day

 More than 1,000 volunteers from the US Embassy, associations, organisations and universities, joined hands to pick up garbage in Thong Nhat Park Saturday morning to mark Earth Day here.

Hoi An starts $44.2 million tourism property project

 Quang Nam Province has begun construction of the Hoi An Royal Residences project, with total investment of VNĐ1 trillion (US$44.2 million) in Cam An Commune in the suburbs of Hoi An City.

PV Power prepares for August IPO

 PetroVietnam Power Corporation (PV Power) will make its initial public offering (IPO) this August, the electricity producer announced.

HCM City works to extend CNG bus routes

 Ho Chi Minh City plans to increase the number of compressed natural gas (CNG) – powered buses with a view of running 841 CNG buses on 39 routes by the end of this year.

Vietnamese, Chinese Supreme People’s Procuracies tighten ties

The Supreme People’s Procuracies of Vietnam and China signed a memorandum of understanding on cooperation in Beijing on April 23 within the framework of the Vietnamese procuracy delegation’s working visit to China.

Private investors in infrastructure suffer disadvantages

VietNamNet Bridge - According to the Asian Development Bank (ADB), emerging economies in Asia, including in Vietnam, will need $26 trillion from now to 2030 to develop infrastructure. 

Association sees busier property market in Q2

 Viet Nam’s property market will see more sale launches and transactions in the second quarter of this year, the Viet Nam Real Estate Association has forecast.

Vietnamese airlines roll out new international flights

 Vietnamese airlines have drawn up plans to expand their international presence to serve the increasing demands of both domestic and foreign passengers.

Protective forest destroyed for Phu Yen golf course

 Phu Yen Province approved the destruction of nearly 116 hectares of forest to build a golf course despite having no legal documents to go ahead.

Lack of information to keep stocks quiet

 Vietnam’s stock market outlook will likely remain negative this week as a lack of supporting business information and potential global risks drive investor confidence down, according to analysts.

National Assembly to review Vo Kim Cu’s deputy title over Formosa incident

 The National Assembly’s Standing Committee will ask the National Assembly to consider the deputy title of Vo Kim Cu given his wrongdoings in the Formosa marine environmental incident, said NA Secretary General Nguyen Hanh Phuc on April 22.

PM signs ASEAN declaration on civil service role

 Prime Minister Nguyen Xuan Phuc has agreed with the draft content of the ASEAN Leaders’ declaration on the role of the civil service as catalyst to achieve ASEAN Vision 2025.

Vietnamese firms set for active mergers season

In late February Indian State-owned mining giant, the National Mineral Development Corporation, was in talks with Masan Resources Corporation to buy a stake in the latter’s Nui Phao tungsten mine.

South Korean National Assembly Speaker visits Vietnam

 The Republic of Korea’s (RoK) National Assembly Speaker Chung Sye-kyun will start his official visit to Viet Nam today.

Publish list of unlisted, equitised SOEs: Deputy PM

 Deputy Prime Minister Vuong Dinh Hue has ordered all relevant agencies to publicise the list of equitised State-owned enterprises (SOEs) not listed on the stock market as of December 31, 2016.