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Vietnam, Brunei target $500 mln two-way trade by 2025

Vietnam and Brunei committed to lifting two-way trade to 500 million USD by 2025 at the first meeting of their Joint Commission for Bilateral Cooperation in Hanoi on February 27.

APEC SOM1 enters 11th working day

 The first Senior Officials Meeting and related meetings of the Asia-Pacific Economic Cooperation Forum entered the 11th day on February 28 with a range of events organised by committees and working groups as scheduled.

Overseas Vietnamese finds solution to lack of freshwater in Mekong Delta

VietNamNet Bridge - The Co Chien River in Tra Vinh province, at certain moments in the day, is the source of freshwater, an overseas Vietnamese man has discovered.  

Vietnam develops coal power despite environmental concerns

VietNamNet Bridge - While the world strives to use more clean energy, Vietnam focuses on developing coal thermal power.

Japanese automakers threaten to leave Vietnam again

VietNamNet Bridge - Japanese automobile manufacturers have discussed the possibility of relocating their factories to regional countries because of Vietnam’s weak supporting industries.

Time to end the floor-mark mechanism for university admission?

The question about whether Vietnam should remove the floor-mark mechanism has once again been raised after British media warned about the decrease in quality of university students.

Convenience store business grows attractive to foreign retailers

 Foreign retailers are showing huge appetite for a slice of the convenience store business pie in Vietnam as their investment spree will not be over anytime soon.

Endangered douc langurs rescued in Phu Yen

 Forest rangers of south central Phu Yen Province’s Tuy Hoa City have received two grey-shanked douc langurs, among the world’s 25 most endangered primates, from two locals.

Thanh Hoa police seize 15 kilos of heroin

 Police made one of the largest drug busts in the history of organized drug trafficking in the province of Thanh Hoa, authorities said on February 26.

Big credit contract secured for Cam Ranh airport’s terminal project

 A credit contract worth over 2.98 trillion VND (131.12 million USD) was signed on February 27 for the project on building a new international terminal at the Cam Ranh airport in the central province of Khanh Hoa.

Former Ocean Bank executives stand trial

 The People’s Court of Hanoi on February 27 opened the first instance hearing for former Chairman of the Board of Directors of Ocean Bank Ha Van Tham and other former executives of the bank for serious violations of State laws.

Deputy PM pushes for VNPT’s divestment

 Deputy Prime Minister Vuong Dinh Hue recently urged listed businesses of the Vietnam Posts and Telecommunications Group (VNPT) to speed up their divestment process.

Vietnam to adopt higher quality petrol standards

A man buys fuel at a petrol station in Hanoi. The Viet Nam National Petroleum Group (Petrolimex) has officially sold RON 95 which meets European emission level 3 and 4 standards. 

Deputy PM demands review of fee at ports

 Deputy Prime Minister Vuong Dinh Hue has asked ministries to review the collection of fees for the use of infrastructure, service facilities and public utilities at all ports in northern Hai Phong City.

No proof to apply trade defence on fertiliser imports: VN Competition Authority

There’s no evidence showing that fertiliser imports have damaged local fertilser products to apply trade defence measures for the imports, according to the Ministry of Industry and Trade.

Low-cost apartment developers face big challenges

VietNamNet Bridge - The limited supply of low-cost housing has prompted many real estate developers to jump into the market segment.

Bittersweet aftertaste

The protracted saga at Nam Trung Yen Primary School in Hanoi finally unfolds, but the outcome can hardly be claimed as a happy ending though the school’s leaders have been dismissed and justice has prevailed. 

Canadian Minister of Agriculture to visit VN next month

 Canada's Minister of Agriculture and Agri-Food Lawrence MacAulay will pay a working visit to Viet Nam and India from February 26-March 10 to strengthen agriculture cooperation with the two Asian countries.

Over US$10 million for startup students

 A project worth VND239.2 billion (US$ 10 million) to help graduates start their business was initiated by the Ministry of Education and Training yesterday.

Luxury segment dragging VN housing market

Minister of Construction Pham Hong Ha recently said the housing market was facing an oversupply of high-end developments, detracting from the market’s attraction to investors.