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BMW distributor taken to court

The General Department of Vietnam Customs decided to take Euro Auto Corporation, the authorised distributor of BMW and Mini automobiles and BMW motors, to the court after discovering signs of smuggling and trade fraud.

Major statements by PM Nguyen Xuan Phuc in 2016

 The new Cabinet was introduced on July 28 following the Legislature’s approval of the members of the Government.

Penalties tightened for illegal parking in HCM City

 HCM City People's Committee is asking the city police to propose strict measures to curb violations in car parking which is worsening traffic problems in the area.

Vietnam Airline debuts 1.22 billion shares on UPCom

 Vietnam Airlines, the country’s largest aviation corporation, on January 3 started trading its 1.22 billion shares on Unlisted Public Company Market (UPCoM) at a starting price of VND28,000 (US$1.24) per share.

Finance minister beats gong, opens 2017’s first trading session

 Finance minister Dinh Tien Dung struck the gong on Tuesday to open the first trading session of 2017 on the Ha Noi Stock Exchange.

Tan Son Nhat Airport must expand

 The capacity of Tan Son Nhat International Airport will double as many projects to expand it and ease traffic congestion have been announced, a high ranking official said.

Hanoians turn their attention to peach villages, upcoming Tet holiday

Hanoians by the hundreds are turning their attention to the upcoming Tet Holiday and have lined up at the peach villages in Hanoi to catch a whiff of the floral, fruity and spicy aromas as well as snap a photo or two.

Hanoi Buffaloes have Americans in Basketball Super League

 Hanoi Buffaloes will compete in the Thailand Basketball Super League with three foreigners.

Sluice cover blown out, high tides causing big flood in HCM City

 Water from a flood control sluice submerged hundreds of houses in district 12 after the cover was blown out by high tides, seriously damaging people’s property.

A look back at VN economic data in 2016

It was a roller coaster year in economic data, with both good and bad surprises popping up regularly in many different series of economic data.

A government of integrity: from commitment to action

 Building a government of integrity for the sake of the people and enterprises is a message constantly reiterated by Prime Minister Nguyen Xuan Phuc.

Vietnamese fastest-growing car market In ASEAN

VietNamNet Bridge - With a sales growth rate of 25 percent, Vietnam is the fastest-growing car market in ASEAN, while Thailand and Indonesia had a gloomy year with decreased growth. The demand brought high profits to manufacturers and dealers.

Vietnam welcomes first meteor shower of 2017

 On January 4, astronomy lovers will be able to look up and watch the sky over Vietnam sparkle with the Quadrantids Meteor Shower, according to astronomers at the Academy of Science and Technology.

F&N subsidiary fishing for more Vinamilk shares

After increasing its holdings in Vinamilk to 13.65%, F&N Dairy Investments Pte., Ltd., a 100%-owned subsidiary of Fraser & Neave Ltd. (F&N), has registered to buy an additional 1.5%, equalling 21.8 million shares.

Bank restructuring on the right path heading into the New Year

 In response to the global banking crisis, the finance ministers of the G20 countries have agreed on stricter regulation of the banking system, with stronger capital requirements, says Dennis Hussey, CEO of ANZ Vietnam.

Chinese buyers depleting Vietnam’s raw lumber

 The price of several kinds of lumber in Vietnam had gone up due to scarcity created by unexpected Chinese purchases, creating pressure on the domestic wood business and Vietnam’s wood industry.

E-commerce is the future, and retailers of all sizes are joining in

 Foreign retailers are geared toward Vietnam’s e-commerce to take the lead in the market.

Top four importers of Vietnam products

 The US, China, Japan and the Republic of Korea were the four biggest importers of Vietnam products, each with a value of more than US$10 billion in 2016.

Vietnam's international integration achievements

 Foreign friends have been impressed by Vietnam’s expanded integration in international institutions and its bilateral and multilateral diplomacy. Here are achivements of Vietnam's international integration process in 2016.

ASEAN Secretary General highlights bloc’s one-year achievements

 ASEAN Secretary General Le Luong Minh has highlighted achievements that the ASEAN Community has scored after one year of its establishment in an interview recently granted to Vietnam News Agency.