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Vietnam seeks to raise effectiveness of methadone therapy

 Prime Minister Nguyen Xuan Phuc has instructed relevant ministries and agencies to improve the efficiency of a programme to treat drug addiction by methadone therapy.

Domestic automobile industry set for good growth

 The Vietnamese automobile industry is expected to grow well, driven mainly by an increase in per capita income, demand for cars, and infrastructure improvement.

100 Vietnamese firms to be selected to join Amazon network

 The Vietnam Trade Promotion Agency (Vietrade) and Amazon Global Selling will select 100 Vietnamese businesses to sell their products on the retail giant’s online network.

DPRK Chairman begins official visit to Vietnam

DPRK Chairman Kim Jong-un began his official friendship visit to Vietnam on March 1. The visit is made at the invitation of Party General Secretary and President Nguyen Phu Trong.

Beerco’s Vietnam Beverage stake acquisition sends foreign investment surging

Hong Kong’s Beerco Limited has spent US$3.85 billion on acquiring a stake in Vietnam Beverage Co., Ltd, a local unit of Thai Beverage Public Co., Ltd, raising foreign investment approvals in Vietnam in the first two months to US$8.47 billion.

Higher registration fees for pickups applicable in April

Buyers of pickup trucks will pay an extra fee from April 10 as registration fees for pickups have been adjusted up in line with Government Decree 20, issued on February 21.

Number of fruit, veggie processing plants rises in Vietnam

Many investors have funded projects involving the processing of Vietnamese fruits and vegetables over the past three years to leverage Vietnam’s abundance of local agricultural products and meet the market demand.

Laos builds more dams, scientists worry about Mekong’s ecosystem

Instead of requesting additional data used in the building of Pak Lay hydroelectric dam in Laos, Dr Le Anh Tuan, a Mekong River expert, believes that it would be better to cancel the project.

It is important to maintain air routes to Can Tho: expert

 Dr. Tran Huu Hiep, an economic expert, has stressed the importance of the effective operations of air routes to Can Tho International Airport in the Mekong Delta city of the same name, rather than launching many services and then stopping them.

NCB offers nearly 200 million shares to public

The State Securities Commission (SSC) has approved the National Citizen Bank’s (NCB) plan to sell more than 199.44 million shares to the public to mobilize nearly VND2 trillion (US$86.2 million) over a period of 90 days.

North-South expy’s eight subprojects up for tender in September

 The Ministry of Transport will invite tenders for eight subprojects under the public-private partnership (PPP) format of the North-South Expressway project in September this year. Work on these subprojects is scheduled to start in early 2020.

HFT Securities to tie up with Korean firm

 HFT Securities Corporation has selected South Korea-based Hanwha Investment and Securities Co as its foreign investor allowed to buy more than 25 per cent of its charter capital without a public bid.

Vu Nhom appeals verdicts on murky land deals

Phan Van Anh Vu, alias Vu Nhom, a 44-year-old property magnate turned fugitive spy, has lodged an appeal against his entire first-instance verdict for his improper land sales in Danang and HCMC that cost the State millions of dollars.

HCMC has new deputy Party chief

 Tran Luu Quang, secretary of the Party Committee of the southern province of Tay Ninh, has been picked as the permanent deputy secretary of the HCMC Party Committee for the 2015-2020 tenure, the local media reported.

Vietnam-U.S. trade triples in 2010-2018

Bilateral trade between Vietnam and the United States picked up three times in the past eight years, from US$18.01 billion in 2010 to US$60.28 billion last year, according to the General Department of Vietnam Customs.

Verification of goods origin on the rise

 Vietnamese enterprises have continuously been subject to inspections of the origins of their goods by foreign customs authorities as a result of the U.S.-Sino trade war.

Japanese firm Sanei to inject more money into Vietnam's realty market

Japan-based real estate firm Sanei Architecture Planning Co., Ltd, is expected to purchase an additional 2.4 million shares in local firm Netland Real Estate JSC (NRC) to raise its stake to 18.75%.

VND10-trillion antiflooding project in HCMC to be completed by end-2019

The VND10-trillion flood-control project in HCMC, which resumed construction on February 27, will be completed at the end of 2019 or in the first quarter of 2020 if HCMC authorities hand over cleared sites as scheduled by end-June.

High costs hinder locals from installing rooftop solar panels

Only 1,800 local households have installed rooftop solar power systems over the past two years, with a total capacity of 30 megawatts. 

Viettel fined for violations in prepaid subscription management

Vietnamese telecom firm Viettel has been fined VND109 million for violations it committed in supplying mobile telecom services, inspectors of the Ministry of Information and Communications said on February 25.