vietnam latest news

Update news vietnam latest news

VN mobile testing app raises $3m

 Kobiton, a mobile testing platform developed by Vietnamese engineers, has successfully raised US$3 million in seed funding from three US companies.

Vietnam new hotel room supply declines slightly: Savills

 Hotel room supply in HCM City in the third quarter of the year was down 4 per cent year-on-year to 15,800 rooms at 127 hotels, according to Savills Vietnam’s 3rd Quarter Market Briefing.

Anti-corruption is a long fight: Party chief

 “The fight against corruption should last long and persistence and patience is needed,” the Party chief emphasized.

Banks in Vietnam expect improved business performance in fourth quarter

 Around 88% of credit institutions expect to have a higher pre-tax profit in 2018 compared to 2017.

Airports to receive more than 100 million passengers this year

 Viet Nam is expected to receive about 105 million passengers passing through airports in the country in 2018, according to the Civil Aviation Administration of Viet Nam.

Seafood exports likely to rake in $9b this year

 Viet Nam expects to earn a total of US$9 billion from seafood exports this year, a year-on-year increase of 7 per cent, after achieving good results in the first nine months.

Gov’t asked to reconsider infected wheat import ban

 The Government should reconsider its ban on the import of wheat infected with cirsium arvense, a kind of weed, participants told a seminar in HCM City on Monday, warning it would have an adverse impact on businesses.

Fuel price hike affects production, consumer activities

 The sharp hike in the prices of retail fuel products late last week will likely continue in the remainder of the year, given rising fuel prices across the world. 

Tightened monetary policy forecast for Q4 2018

 The State Bank of Vietnam will likely continue its tightened monetary policy in the remaining months of the year.

Vietnam, Japan agree to advance extensive strategic partnership

Vietnam and Japan will closely cooperate with each other to bring forward their extensive strategic partnership for peace and prosperity in Asia into a new period of more comprehensive and pragmatic development.

Challenges in coal supply for thermal power production

 As thermal power accounts for the largest proportion of Vietnam’s energy production, the country is facing challenges to ensure sufficient supply of coal for thermal power plants in the coming years.

Prime Minister to attend ASEAN leaders’ meeting in Indonesia

 Prime Minister Nguyen Xuan Phuc will lead a high-level Vietnamese delegation to attend the ASEAN Leaders’ Gathering and pay a working to visit Indonesia from October 11 - 12.

No additional thermal power plants planned

 After 2020, Vietnam might have no further need for new coal-fired thermal power plants but will maintain the national power prices at reasonable levels, Thanh Nien newspaper reported.

Vietnam sets sight on becoming strong maritime nation by 2030

 The Party stressed the resolve and persistence to defend national independence, sovereignty, territorial integrity, national interests in waters and islands belonging to national sovereignty, sovereign rights and jurisdiction.

Two airlines sell tickets for Tet flights

 Vietnam Airlines and Jetstar Pacific on October 8 started selling air tickets for domestic flights during the coming Lunar New Year 2019, or Tet.

SCIC to offload entire holding at Vinaconex

 The amount is equivalent to 57.71% charter capital of Vietnam Construction and Import-Export Corporation (Vinaconex).

Former ex-leaders of Danang seen responsible for infamous steel plants

The issuance of investment certificates for two steel plants at the Thanh Vinh Industrial Park in Danang was found to be contrary to regulations on industrial zonese. Two former city chairmen could be to blame in this case.

Online ads overtake TV ads thanks to AI, Blockchain

VietNamNet Bridge - Businesses’ budgets for online advertising are exceeding the budget allocated for television commercials as online ads, empowered with AI and Blockchain, have advantages.


75% of Vietnamese students under-12 use social media, not aware of risks: survey

VietNamNet Bridge - In Vietnam, most students under 12 use social media. However, they are not well prepared to face risks, a report from Vietnet-ICT, an NGO, has found.

How should Vietnam deal with sludge?

VietNamNet Bridge - As Vietnam intends to develop a seaborne economy, it must think of solutions to treat sludge, as the volume will be increasing in the future, scientists say.