vietnam latest news

Update news vietnam latest news

China closes natural forests, Vietnam fears timber shortage

Up to 90 percent of timber in the Central Highlands has been sold to Chinese, according to locals. Chinese businesses have been flocking to Vietnam to buy wood as their government has closed natural forests in 14 provinces in the country. 

Snake game on Nokia 3310 developed by Vietnamese

VietNamNet Bridge - At MWC 2017 (Mobile World Congress), Nokia 3310 with Snake app was one of the most impressive products, developed by a group of Vietnamese engineers.

Universities lose money, staff when sending lecturers abroad

VietNamNet Bridge - Many university lecturers, who study abroad on school funding, do not return after graduation. It is nearly impossible to recoup the training cost. 

Hanoi's drive to remove old vehicles off streets faces social barriers

VietNamNet Bridge - Problems related to people's daily lives, legal loopholes and bad management all will make it difficult to implement the plan to recall old substandard vehicles.

Positive prospects

Mr. Don Lam, CEO and Founding Partner of VinaCapital, talked about its funds’ performance and expectations into the future.

Vietnamese fish, seafood segment isn’t ‘cashing in’ with Walmart

Nearly one hundred farmers and exporters recently attended a business forum on the ins and outs of contract fish and shrimp farming for US based retail giant Walmart.

Vietcombank provides loan worth $1.3b to health sector

 The Bank for Foreign Trade of Viet Nam (Vietcombank) on Wednesday committed to setting aside a preferential credit package worth VND30 trillion (US$1.3 billion) for the health sector.

Vietnam wants China to permit more rice exporters

  Many Vietnamese rice exporters are facing difficulties after China authorised only 22 Vietnamese businesses to export rice into the country.

Vietnam imports petroleum products worth $433m in 2 months

 Viet Nam spent US$927 million on importing 1.66 million tonnes of petroleum products over the past two months, surging 2 per cent in volume against the same period last year.

VN's older female workers face high unemployment risk

  Some 80 per cent of female industrial workers above 35 years old are either getting fired or quitting their jobs, according to a recent study.

Binh Dinh to invest $17m to clear post-war ammunition

 Central Binh Dinh Province will invest more than VNĐ392 billion (US$17.1 million) to continue implementing a programme on clearing post-war bombs, mines and explosives in four affected areas in the province.

Hanoi's lakes cleaned up

 All lakes in the inner city and 36 of the 140 polluted lakes on the outskirts have been cleaned, the Hanoi Water Drainage Company said on Wednesday.

Tay Ninh investigates poisoning of forest trees

 The Tay Ninh Forest Protection Department is working with the Dau Tiêeng Protective Forest Management Board to conduct an investigation into the poisoning of hundreds of forest trees

Jetstar Pacific to source A320 components from AFI KLM E&M

 Low-cost airline Jetstar Pacific has struck a long-term deal with Air France Industries KLM Engineering & Maintenance under which the latter will provide component support for Jetstar Pacific’s Airbus A320 aircraft. 

Various activities held within Meet Vietnam programme

 The 13th Meet Vietnam programme features 13 international workshops and five training courses on science in central Binh Dinh province’s Quy Nhon city from March 6-10.

Stock market capitalisation hits record high

 The stock market capitalization reached $101 billion, equal to 50.3 percent of the national GDP, up 16 percent from the end of 2016 and is the highest-ever level since the market began operation. 

Vietnam active at UN high-level meeting for trade facilitation

Vietnam has made an active contribution to the success of the UN high-level meeting for the Euro-Asia region and the 2030 agenda for sustainable development that took place in Hanoi on March 7-9.

OceanBank case sent back for further investigation

 The Hanoi People’s Court on March 8 sent the Ocean Bank case back to the nation’s main prosecuting agency, the People’s Supreme Procuracy, for further investigation and reframing of charges.

FPT wins biggest IT contract in Myanmar

 Vietnamese information and technology corporation FPT has won a key IT contract worth US$11.3 with Ministry of Finance and Planning of Myanmar.

Two foreign firms interested in steel sector consultation

 Japan’s Deloitte and Germany’s Roland Berger consulting firms are interested in offering their services to draw up Việt Nam’s steel sector master plan, the Ministry of Industry and Trade said.