vietnam latest news

Update news vietnam latest news

About $1 bln spent on repaying foreign debt each year

 About $1 billion from the State budget is spent for foreign loan and interest repayments every year, an official of the Ministry of Finance said on October 25. 

Mekong countries brainstorm boost to economic integration

 National and business leaders from five Mekong countries and other regions gathered on October 25 at the World Economic Forum on the Mekong Region to discuss ways to boost economic integration and explore business opportunities.


US rescinds administrative review on VN wind towers

 Viet Nam's Ministry of Industry and Trade said the US Department of Commerce (DOC) rescinded the second administrative review of the anti-dumping tariff order on wind towers of Viet Nam.


Gov’t determine to build North-South Expressway

 Minister of Transport Truong Quang Nghia affirmed that building North-South Expressway is the Government’s major determination in response to experts’ controversial opinions about the huge capital and feasibility of the project.

Providing an impetus for Vietnam-Myanmar relations

 Myanmar President Htin Kyaw and his wife have begun a three-day visit to Vietnam today, October 26, at the invitation of President Tran Dai Quang. This is the first Vietnam visit made by Kyaw since he took office as the Myanmar president on March 30.

Laos, Cambodia, Myanmar, VN issue Joint Statement

 Leaders of Laos, Cambodia, Myanmar and Viet Nam have issued a Joint Statement after their 8th Summit in Ha Noi on October 26.

Officials propose former minister receives harsher punishment

 Several officials have expressed their opinions that former minister of Industry and Trade Vu Huy Hoang had not been sufficiently punished for his actions.

Quang Binh: Village officials accused of appropriating flood donations

 Authorities in the central province of Quang Binh has vowed to strictly punish officials in Trung Thon Village for taking donations given to local people after the recent floods.

Habeco goes public by end of the month

 The country’s third largest beer producer, Habeco, will be officially listed on the Hanoi Stock Exchange (HNX)’s UpCom trading platform on October 28.

Lotte subsidiary refuses to lay low in midst of scandal

In spite of the scandal over its muddled operations, Lotte Asset Development Co., Ltd, is expanding in the Vietnamese real estate market by acquiring minority stakes in businesses operating in the country, according to newswire Koreaherald.


Russian officials honoured with Vietnamese friendship orders

 A number of training facilities, teachers and officials from Russia’s Ministry of Internal Affairs and Ministry of Emergency Situations were honoured with Vietnamese friendship orders and commemorative medals in Moscow on October 25.

Enterprises want to import coal to generate electricity

VietNamNet Bridge - Formosa Ha Tinh and Vedan Vietnam have asked for permission to import coal instead of doing it through Vinacomin, the nation’s biggest coal miner.


Limestone exploitation could lead to extinction of some endemic species

Animals living deep in the limestone mountains of Hon Chong in Kien Giang province, an area with high biological diversity with mountains and limestone caves, are facing a serious threat from the quarrying operations of cement manufacturers.

Is Vietnam’s economy not developed enough to use math graduates?

VietNamNet Bridge - Mathematics university graduates complain it is difficult for them to find jobs, while mathematicians say the national economy is still not developed enough to use many workers with mathematical knowledge and skills.

Scientists warn about Vietnamese habit of reusing plastic bottles

VietNamNet Bridge - he reuse of plastic bottles in Vietnam may bring serious health consequences, according to scientists. 

Vietnamese PM opens CLMV 8, ACMECS 7

 PM Nguyen Xuan Phuc on October 26 delivered a speech opening the 8th Summit of Cambodia, Laos, Myanmar and Viet Nam (CLMV 8) and the 7th Summit of Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS 7) in Hanoi.

Relations with CPV critical to boosting US-Vietnam ties: John Kerry

 The US values its relationship with the Communist Party of Vietnam (CPV) and consider this an increasingly important channel to enhance relations with Vietnam, Secretary of State John Kerry said. 

Vietnam highlights women’s participation in all areas

Ambassador Nguyen Phuong Nga has welcomed the UN’s positive outcomes in implementing its resolutions relating to the participation of women in conflict prevention, peacebuilding and reconstruction.

Vietnam needs US$480 billion for economic restructuring

 Vietnam needs a tremendous budget twice bigger than its annual gross domestic product (GDP) to restructure the economy in the next five years, said Minister of Planning and Investment Nguyen Chi Dung last week.

Vietnam designs US-style commodity exchanges

VietNamNet Bridge - Vietnam has decided to resume its commodity exchange plan, which it had tried to build five years ago, but could not implement well.