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USD/VND exchange rate reaches record high

 The State Bank of Viet Nam (SBV) today again raised the exchange rate by 13 Vietnamese dong, taking it to a record high of VND22,131 per US dollar.

Sabeco fined for administrative misconduct

 The State Security Commission of Viet Nam (SSC) issued a decision to fine the Sai Gon Alcohol Beer and Beverages Corporation (Sabeco) for alleged regulatory malpractice on the stock market.

Vietnam's agriculture to focus on 10 export products: minister

 The agricultural sector will focus on restructuring, developing and promoting ten key products for export, Minister of Agriculture and Rural Development Nguyen Xuan Cuong said at a meeting held on November 22 in Ha Noi.

Vietnam hobbled by weak logistics sector

Viet Nam has emerged as a powerful manufacturing powerhouse in Asia but “weak logistics activities have limited its trade competitiveness”, the deputy minister of industry and trade said at a logistics forum held yesterday in HCM City.

RoK bank approves $77 million loan for Vietnam’s irrigation

 The Export - Import Bank of the Republic of Korea (RoK) has approved a loan of 76.93 million USD for Vietnam to upgrade the irrigation systems in the Len and Hoang Mai rivers in the central region.

Over 14,500 children get adopted in 2011-2015

 Up to 14,539 Vietnamese children were adopted in 2011-2015, with 12,768 fostered domestically and the remainder lived with foreign foster families, said the Justice Ministry’s Department of Adoption. 

Thailand’s marine police capture Vietnamese fishing boats

Media in Thailand reported on November 24 that their marine police captured two Vietnamese fishing boats with nine fishermen on board for illegally fishing off Narathiwat province in south Thailand. 

South Africa Communist Party supports peaceful settlement of East Sea issue

 Chris Matlhako, a member of the Politburo of the South Africa Communist Party (SACP), said that the East Sea issue should be resolved by peaceful measures on the basis of international law.

PM receives incoming Australian Ambassador

 Prime Minister Nguyen Xuan Phuc welcomed newly accredited Australian Ambassador Craig Chittick in Hanoi on November 24. 

Vietnam, Cuba bolster economic, science, technology ties

 The 34th meeting of the Vietnam-Cuba Inter-Governmental Committee wrapped up in Havana, Cuba on November 23 with the signing of three agreements on fostering bilateral ties in economy, science and technology.

CLV-9 seeks stronger connectivity in development triangle area

The 9th Summit of Cambodia-Laos-Vietnam Development Triangle Area (CLV-9)  focused on how to boost connectivity among the three countries within the cooperation mechanism, said Deputy Minister of Planning and Investment Nguyen The Phuong.

Prime Minister greets French Ambassador

Vietnam hopes France will expand investment projects in Vietnam, and enhance cooperation in culture and tourism with the country, Prime Minister Nguyen Xuan Phuc told French newly-appointed Ambassador to Vietnam Bertrand Lortholary.

Vietnam-Laos ties crucial to each country’s development

 The stability and development of Vietnam and Laos as well as of their special relationship is a critical and irreplaceable factor to each country’s national construction and protection.

President meets Italy’s Milan city, Lombardy region’s leaders

President Tran Dai Quang has proposed that Italia’s Milan city and Lombardy region support the organisation of Vietnamese cultural and art activities in the locality.

Vietnam, Russia enjoy dynamic comprehensive partnership

 Deputy Prime Minister Pham Binh Minh and Russian Deputy Prime Minister Arkady Dvorkovich agreed that the Vietnam - Russia Comprehensive Strategic Partnership has experienced dynamic development since it was formed in 2012. 

Vietnam’s gold exports to Switzerland soar in 2016

VietNamNet Bridge - While exports of gold jewelry to the US, Belgium, France and Australia remain stable, exports to Switzerland have unexpectedly soared by 2,300 percent this year.

Fertilizer from earthworms: product for organic agriculture

VietNamNet Bridge - Earthworms (Perionyx excavates) can easily be used to make biological products and fertilizer for sustainable organic agriculture.

Will Da Nang’s plan to attract talent fail?

VietNamNet Bridge - The dispute between Da Nang City authorities and professionals who have studied abroad with city funding reveals the problems with the program on attracting talented experts. 

Will Vietnam surpass China in pollution?

VietNamNet Bridge - Vietnam has yet to become an industrialized country, but its pollution has already reached serious levels. If it worsens, Vietnam could surpass China in pollution levels.

South Korean goods weaving their way through Vietnam’s market

VietNamNet Bridge - Following an invasion of South Korean barbecue restaurants, Korean food products have been entering the Vietnamese market through retail channels.