vietnam latest news

Update news vietnam latest news

Opening of H&M, Zara stores puts pressure on local fashion retailers

Vietnamese fashionistas are excited about the news that H&M may open its first shop in Hanoi soon. They will no longer have to buy H&M and other foreign high-street brands from online shops or from those who carry goods across border gates.

Three students in Hue turn sea waves into power

VietNamNet Bridge - Three students from Thua Thien – Hue province have invented a system which generates electricity from sea waves.

Climate change to challenge Mekong River Delta in 2017

VietNamNet Bridge – Signs of growth stagnation in the Mekong Delta in recent years have been blamed on climate change, which has contributed to drought and saline intrusion.

Uni grads unqualified, employers complain

Many bachelor’s degree graduates don’t have basic skills to undertake their works if they don’t receive retraining. Many of them cannot even fill out applications for jobs or compile official dispatches in an acceptable manner.

New transfer pricing decree: a step closer to international standards

On February 24, 2017, the Vietnamese government released the new transfer pricing Decree No. 20/2017/ND-CP, which will take effect from May 1, 2017. 

Conference gathers int’l scientists to address pollution

 An International Conference on Environmental Pollution, Restoration, and Management gathered international scientists in central Binh Dinh province to discuss environmental issues as well as share research results and management experience.

VN President receives newly-accredited ambassadors

 President Tran Dai Quang hosted separate receptions for newly-accredited ambassadors to Vietnam in Hanoi on March 8, during which he called for the diplomats’ greater efforts to broaden bilateral wide-ranging cooperation.

Sale of cars down despite price drop

 Members of the Vietnam Automobile Manufacturers’ Association (VAMA) sold more than 17,600 cars in February, down 13 per cent from the previous month.

PENM IV Germany seeks higher stakes in Hoa Phat Group

 PENM IV Germany GmbH & Co KG is seeking to purchase another 5.5 million shares of Hoa Phat Group (HPG) in an attempt to raise its stakes in the company’s profit-making potential.

UK Fintech firm eyes Vietnam’s banking sector

 Opportunity Network, a UK-based FinTech company that offers banks a digital business matchmaking platform, on Wednesday announced plans to engage Vietnamese commercial banks in joining its fast-growing global partner network.

Vietnam leads Asia Pacific in female managers’ ratio

 Viet Nam has the highest proportion of female CEOs in the Asia Pacific region at some 25 per cent, much higher than the world average of 10 per cent.

ADB continues infrastructure investment in Vietnam

 The Asian Development Bank (ADB) will continue its support for infrastructure development in Vietnam, said ADB Vice President for Knowledgement Management and Sustainable Development Bambang Susantono at a press conference on March 8.

VNPT, Viettel Group chase global market share

 Government controlled telecom equipment maker VNPT and mobile network operator Viettel Group have announced plans to hit their rivals hard and gain global market share in 2017.

Thanking the garbage women

One of the most thankless jobs in Vietnam is that of the garbage collectors. These are women and men that are part of our daily lives, taking away all our decay, the stuff we don’t want or that no longer serves us.

Siam Cement Group acquires construction material company in central Vietnam

 SCG Cement-Building Materials Co., Ltd., a member of Siam Cement Group (SCG), has just spent $156 million on buying up the shares of Vietnam Construction Materials JSC (VCM).

Hanoi to crack down on bootleg alcohol

 On March 7, Hanoi held an urgent meeting to discuss measures on tightening control over alcohol production and business activities in the city.

Savills: More investment opportunities in Vietnam

  Investors need to look beyond first-tier cities and at new types of assets to make profits, including emerging markets such as Viet Nam, as the Asian property market slows.

Ten Da Nang fishermen rescued from sea

 Ten fishermen from central Da Nang City were rescued and taken home safely on Wednesday morning after their boat broke down at sea on Tuesday evening.

Coffee exports drop in volume, surge in value

 Coffee exports drop in volume, surge in value

An Giang: Cambodian national sentenced to 25 years in prison for murder

 The People’s Court of the Mekong Delta province of An Giang on March 7 sentenced a Cambodian national a 25-year imprisonment on charge of murder and illegally storage and use of military weapon.