vietnam latest news

Update news vietnam latest news

Bodies of Vietnamese victims in Egypt bomb blast brought home

 An airplane carrying the bodies of three Vietnamese people, who were killed in a recent roadside bomb in Egypt, arrived at Tan Son Nhat International Airport in Ho Chi Minh City on early January 6.

Suspended businesses rise by 50%, a worrying sign: economists

More than 90,600 enterprises had to suspend operation in 2018, a sharp increase of 50 percent over the year before, which economists described as “worryingly high”.

Harnessing a new stage of investment

 After obtaining major achievements since 1988, Vietnam has now begun focusing on luring new-generation foreign direct investment with higher quality and effectiveness. 

Successes in reach despite trade war

 The ongoing trade dispute between the United States and China is expected to reshape the highly-open ASEAN region through 2019, while also helping to promote Vietnam as the world’s next manufacturing hub. 

Leader of protection racket at Long Bien market arrested

 The Hanoi Investigative Police late yesterday, January 4, issued a decision to prosecute and temporarily detain Nguyen Kim Hung, alias Hung “Kinh”, head of a goods loading team in the city’s Long Bien market.

Ministry: No legal action taken against Nguyen Bac Son

 Major General Luong Tam Quang, head of the office of the Ministry of Public Security, speaking at a press briefing at the ministry on January 4, dismissed as baseless the rumor that Nguyen Bac Son, former Minister of Information and Communications.

Thanh Hoa City police chief suspended in bribery investigation

 Colonel Nguyen Chi Phuong, director of the Thanh Hoa City Police, has been suspended for allegedly taking a VND260 million bribe from a former police officer.

Vietnam’s national broadcaster VTV hurried to divest from K+ operator VSTV

 VTV’s divestment from the joint venture must be carried out in a cautious manner as it involves French cable television channel Canal+.

Hanoi cuts pavements to fight congestion

 Hanoi authorities are destroying pavements to widen the streets as an attempt to curb congestion, according to a decision by the Department of Transport.

Hanoi night workers struggle with chilly weather

 Hanoi is experiencing a cold snap as temperatures have dropped below 10 degrees centigrade at night, leaving many struggling to find warmth. 

Pabuk floods Ca Mau City

   The first storm of the year, Storm Pabuk, is heading toward Thailand causing rough seas and heavy rains in Ca Mau City.

Aviation infrastructure projects receive more private investment

VietNamNet Bridge - Sun Group, FLC and IPP have poured money into aviation infrastructure, which was once thought to be beyond private investors’ capability.

Vsmart must defy odds to succeed

As “Made in Vietnam” smartphone brands are jealously guarding their tiny market share in the fiercely competitive mid-end segment against Chinese devices, newcomer Vsmart’s chances in the arena are subject to heavy speculation. 

Following free trade deals, businesses will earn rewards

 Foreign-invested enterprises in Vietnam are being encouraged to research the market thoroughly when exploring investment opportunities in the country.

Building equality among foreign realty investors

 Long gone are the days when foreign investors could legally own only properties in Vietnam by forming a joint venture with a local company to develop a real estate project.

2018 in review: A year of records for Vietnamese export sector

 Strong export growth and a better-than-expected trade surplus are the notable bright spots of Vietnam’s export sector, especially when the world economy was rife with numerous difficulties in the past year.

Two Vietnamese dollar billionaires made their fortune from instant noodles

Two Vietnamese dollar billionaires and other well-known businessmen started their careers by making instant noodles.

Flexible operation of monetary policy aligned with market signals

 Last year, the monetary policy was operated cautiously and flexibly in combination with fiscal policy and other macroeconomic policies, contributing to stabilising the financial and economic situation. 

Vietnam awaits EVFTA and launch of new era

 The EU-Vietnam Free Trade Agreement is set to be inked over the next few months, and then await official ratification, with huge benefits and opportunities laying ahead for Vietnam and EU investors in the country. 

Consumers increasingly look online to buy household services

VietNamNet Bridge - Following the boom of e-commerce, the number of apps allowing users to pay for services has increased dramatically.