vietnam latest news

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VN Central Bank’s $12 billion worth of US govt bonds not a surprise

VietNamNet Bridge - Indonesia, Thailand and Malaysia, with forex reserves many times bigger than Vietnam’s, only invest 10 percent of reserves on US government bonds. Meanwhile, the proportion is 30 percent for Vietnam.

Quang Nam replace two foreign players

V.League 1’s Quang Nam have decided to part ways with their two foreign strikers because of their bad performance at recent matches.

Deputy Prime Minister meets Chinese counterpart

 Deputy Prime Minister Trinh Dinh Dung has called on China to create more favourable conditions for the transportation and import of Vietnamese goods, especially agro-forestry-fisheries products, in order to improve bilateral trade balance.

President’s visits to Laos, Cambodia to elevate bilateral ties

President Tran Dai Quang’s visits to Laos and Cambodia from June 12-16 aim to elevate the traditional friendship, special solidarity and comprehensive cooperation with Laos and the friendly neighbourliness and comprehensive cooperation with Cambodia.

Lao leaders hail significance of Vietnamese President’s State visit

 The visit to Laos made by Vietnamese President Tran Dai Quang will help consolidate and develop the time-honoured friendship, special solidarity and comprehensive cooperation between the two countries.

VN Vice President stresses women’s role in stable society

Vice President Dang Thi Ngoc Thinh asserted women’s role in building stable and sustainable societies in her speech delivered at the closing ceremony of the 26 th Global Summit of Women in Warsaw, Poland, on June 11.

Secondary school admission has many ‘doors’

VietNamNet Bridge - Secondary schools in Hanoi have publicized their enrolment plans for the 2016-2017 academic year with many requirements that have puzzled parents.

Minister of Public Security visits Indonesia to boost cooperation

 Minister of Public Security Sen. Lieut. Gen. To Lam is paying a working visit to Indonesia from June 9 to 11 to discuss bilateral cooperation in relevant fields.

No decision yet to be made on Noi Bai Int’l Airport expansion

No plan for the Noi Bai International Airport expansion has yet been selected, Deputy Minister of Transport Nguyen Nhat said in a recent interview.

Facing budget deficit, Finance Ministry demands dividend payments from SOEs

VietNamNet Bridge - The State invests in many enterprises as a big shareholder, but it sometimes does not receive dividends from enterprises, even though they make big profits. 

Sand exploitation destroying Red River

VietNamNet Bridge - The Red River, called ‘Song Cai’, meaning ‘major river,’ or ‘Song Me’, meaning 'mother river’ is considered a national ‘treasure’. But pollution and sand exploitation are destroying the river. 

Bank security in danger as hackers attack accounts

VietNamNet Bridge - A series of attacks by hackers on banks occurred recently, showing that banks’ investments in security solutions are insufficient.

Central bank focuses on GDP growth, not credit institution health

The moves taken by the State Bank of Vietnam (SBV) recently, since the day the new Governor took office, show that obtaining high GDP growth rate is the top priority for the bank when regulating monetary policy.

Work to do

Up-skilling the workforce is seen as key to improving Vietnam's workplace competitiveness during integration into the ASEAN Economic Community.

VN's growth among strongest in large developing ASEAN economies

 The World Bank (WB) on Tuesday forecast that Vietnam would grow at an average of 6.3 per cent in 2016-18.

Fear of Inflation has returned as petrol price rises

VietNamNet Bridge - The petrol price increase was the major cause behind the higher consumer price index (CPI) in April, the highest increase in the last five years in the same period.  

Budget expenditure under the knife

 The government is doing its best to keep the budget deficit at less than 5 per cent of total GDP; a level approved by the National Assembly.

HCM City to pilot 100 electric taxis

 The HCM City Department of Transport is seeking the municipal people’s committee's approval for a local company to pilot 100 electric cars.

Govt to get tough on emissions at steel mills

 The Government has approved a national plan on air quality control until 2020 with a vision towards 2025, which will force 70% of steel plants to install automatic emissions monitoring systems.

HCM City looks at recruiting senior leaders

 Ho Chi Minh City’s Department of Home Affairs has submitted a plan to the Chairman of the city’s People’s Committee to recruit directors, deputy directors, and department managers in Committees at both the city and district level.