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Real estate sector forecast to top Vietnam’s M&A in 2018

 Vietnam’s M&A market exceeded the US$10-billion landmark for the first time last year, a nine-fold increase against 2008, and continued to rise 55 percent year-on-year to reach US$3.55 billion in the first six months of this year.

VN Central Bank to inspect banks that pour money into real estate

The State Bank of Vietnam, in an effort to strictly control credit growth in the second half of the year, will take unscheduled inspection tours to banks that are pouring  money into the real estate sector. 

Solidance identifies key points in development of sustainable cities

Corporate strategy consultant releases "Transforming Ho Chi Minh City and Hanoi into Sustainable Cities of Vietnam" white paper.

Indonesian Ambassador spotlights Vietnam-Indonesia friendship

 Indonesian Ambassador to Vietnam Ibnu Hadi has highlighted the spirit of friendship between his country and Vietnam in an article on the 73rd anniversary of Indonesia’s Independence Day (August 17, 1945-2018). 

Storm Bebinca takes toll on northern, north central regions

 At least six people have died and two others remain unaccounted for after storm Bebinca swept through the northern and north central regions of Vietnam on early August 17.

Farmer earns huge money from purple longan

 A farmer in Soc Trang Province successfully propagated the new type of longan after accidentally discovering a longan with purple peel.

Earning VND1 trillion a month, Vietnamese billionaires become richer than ever

VietNamNet Bridge - Many large listed corporations have reported huge profits of trillions of dong.

Renewables lag behind the potential

 The low feed-in tariff for wind power is causing a collective delay in wind power projects all across the country, as investors are waiting for prices to increase so their plants can become profitable. 

M&A to grow on after record 2017

 After a record-breaking 2017, mergers and acquisitions (M&A) volumes are poised for further expansion driven by growing investor confidence in Vietnam. 

Health insurance e-cards to be launched next year

 Electronic health insurance cards are likely to be introduced in mid-2019, said an official of the HCMC Social Insurance Agency at a dialogue on social insurance policy between municipal authorities and enterprises last week.

Listing beckons for local property developers

Local property developers are increasingly keen on joining the country's stock market.

Vietnam sends two teams to regional robot contest

 Two Vietnamese teams will compete at the annual Asia Pacific Robot Contest (Robocon) 2018, being held at Ninh Binh Sports Centre in Ninh Binh city on August 26.

Vietnam listed among markets of potential in Asia

 Vietnam has been listed among Asian markets that have a full house of positive factors for the long-term growth of real estate as an investment class, according to JLL’s latest Global Capital Flows Research. 

Ecommerce platform Sendo gets US$51m from new investors

 Ho Chi Minh City-based ecommerce portal Sendo.vn has raised US$51 million in a round of Series B funding from eight foreign investors, Sen Do Technology JSC (Sendo) said in a statement issued today, August 16, by PRNewswire.

Two killed, three others in critical condition following wasp attack

 Two people have been killed, while three others from a family in the southern province of Bac Lieu have been left in critical condition after being stung by wasps.

Billions of dollars worth of car parts exported but not from Vietnamese manufacturers

Vietnam spends billions of dollars to import car parts each year for domestic assembling, but it also exports billions of dollars worth of vehicle parts. 

Vietnamese football fans miss out on Asian Games coverage

 Many football fans in Vietnam have to turn to online channels to watch the Asian Games as the organisers expressed surprise that Vietnam failed to buy the rights for the event.

Carriers reschedule flights due to Typhoon Bebinca

 Vietnam Airlines, Jetstar Pacific and Vietjet Air have announced to reschedule flights from/to airports in Hai Phong city and Nghe An and Thanh Hoa provinces on August 17 as a result of Typhoon Bebinca.

Health ministry launches “Healthy Lung” portal

 The Medical Examination and Treatment Department under the Ministry of Health, in coordination with the AstraZeneca multinational pharmaceutical and biopharmaceutical company, launched the “Healthy Lung” portal in Hanoi on August 16.

German firm to provide technical support for Vietnam Airlines’ fleet

 Germany-based Lufthansa Technik AG will provide maintenance services for the auxiliary power units (APUs) of national flag carrier Vietnam Airlines’ Airbus A350-900 fleet which are produced by Honeywell.