vietnam latest news

Update news vietnam latest news

Rosneft in deal to supply 96 million tons of oil to PV Oil

 Russian oil and gas firm Rosneft has clinched a contract to supply 96 million tons of oil to PetroVietnam Oil Corporation (PV Oil), a member of Vietnam National Oil and Gas Group (PVN).

Airbus helps determine cause of plane crash

 European plane maker Airbus, the manufacturer of the Vietnam Marine Police’s missing sea patrol plane CASA-212, will coordinate with Vietnamese authorities to investigate the incident.

Ha Tinh greenlights $2.5 billion Taiwanese project

Ha Tinh authorities have agreed in principal to license Taiwanese Wei Yu Engineering Company to develop an agricultural and a wharf construction project in Vung Ang Economic Zone with the total investment capital of $2.5 billion.

Bankers suggest lifting foreign ownership ratio ceiling

While Vietcombank and VietinBank have proposed to lift the foreign ownership ratio ceiling to 35-40 percent to satisfy requirements of the Basel II Accord, ABBank and SCB want higher foreign ownership ratios to speed up the restructuring process.

Man gets 5-year sentence for illegal wildlife trade

 A 23-year-old man from HCM City’s Go Vap District on Tuesday (June 21) was sentenced to five years in prison and fined VNĐ50 million (US$2,242) for illegal trading wildlife.

Deputy PM directs better ODA use

 Deputy Prime Minister Pham Binh Minh has requested improving the effective use of official development assistance (ODA) and preferential loans to ensure the safety of public debts.

US Congressmen urge for disapproval of catfish inspection programme

 At least 180 members of the US Congress have recently signed a letter calling on the House of Representatives to approve a resolution to repeal the US Department of Agriculture’s catfish inspection programme.

Big drug trafficking ring uncovered, 15 heroin bricks seized

 Police have busted a big drug trafficking ring and seized 15 heroin bricks (one brick being equivalent to about 350 grams), police in Nam Dinh province said on June 23.

Several bodies identified as CASA 212 crewmembers found

 Rescue forces found several bodies identified as crewmembers of the crashed rescue aircraft CASA 212 as of 4pm of June 23.

Policies must not be affected by group interests: PM

 Ministries must determinedly not let group interests manipulate policies, Prime Minister Nguyen Xuan Phuc stressed at the Government’s meeting on policy making on June 23.

Int’l mechanism crucial to ensure maritime workers’ rights

 Head of the Vietnamese delegation to the United Nations, Ambassador Nguyen Trung Thanh, has called on the world community to actively build a feasible international mechanism to ensure the rights of fishermen.

Lao ambassador vows to deepen ties with Vietnam

Laos’ Ambassador to Vietnam Thongsavanh Phomvihane said that he will do all he can to preserve, protect and foster the Laos-Vietnam traditional friendship, special unity and comprehensive cooperation relationship.

Ho Chi Minh City leader welcomes Cuban guest

HCM City always considers the nurture of Vietnam-Cuba fraternal ties an important task, Secretary of the municipal Party Committee Dinh La Thang told visiting Vice President of the Council of State of Cuba Salvador Valdes Mesa.

Mekong Delta suffers huge losses because of drought & saltwater intrusion

The long- lasting drought and saltwater influx hitting provinces of the Mekong Delta has seriously affected local residents' production and life, reported the Steering Committee of the West-southern Region on Tuesday.

Vietnam 59th safest country: Global Peace Index

 VietNamNet Bridge - Vietnam ranked 59th out of 163 countries and territories with a score of 1,906 in the Global Peace Index 2016 and 12th in Asia Pacific rankings.

Terrorism does not justify resuming the death penalty: world congress

 VietNamNet Bridge – Facing the spread of terrorism, leaders of many countries around the world continue to confirm that the death penalty cannot help reduce crime.

Billions of dollars spent worldwide on Vietnamese fruit

VietNamNet Bridge - It took Vietnam 12 years to obtain licenses to export lychees to Australia, five years to export Cat Chu mango to Japan and eight years to export dragon fruit to Taiwan. 

Are there more opportunities for small mobile networks?

The three biggest mobile networks – Viettel, VinaPhone and MobiFone – now hold 95 percent of the Vietnamese mobile telecom market. However, small network operators believe there are still opportunities.

Incentives may come for solar power investments

 The Vietnamese Government plans to develop solar power and discuss incentives to encourage solar energy projects in the country.   

Rural areas troubled by livestock waste

A report showed that the husbandry industry created 83.67 million tons of solid waste in 2011, nearly 81 million tons in 2012, about 80 million tons in 2013 and 76 million tons in 2014.