vietnam latest news

Update news vietnam latest news

Thanh Hoa proposes $140 million coastal road

 The northern central province of Thanh Hoa has proposed construction of a VND3.077 trillion (USD139.86 million) coastal road. 

42 people tested positive for AIDS in Phu Tho

 42 people have been tested positive for HIV virus in a commune in Phu Tho Province as the health ministry are investigating into possible AIDS infections allegedly caused by a local doctor.

Party chief highlights importance of economic diplomatic works

 Party General Secretary Nguyen Phu Trong highlighted the need to enhance the effectiveness of economic diplomatic works serving for the nation’s sustainable development at the 30th Diplomatic Conference held on August 13 in Hanoi.

Dengue fever cases on the rise in Hanoi

 Hanoi reported 41 more dengue fever cases over the past week, according to the municipal Department of Health.

Innovative networks project to take place this month

 The Ministry of Planning and Investment has co-ordinated with various other ministries and agencies to create a programme to connect the country’s innovation networks.

Experts see property market unturn in run-up to Tet

 The HCM City real estate market will be positive from now until the Lunar New Year in early 2019, according to HCM City Real Estate Association (HoREA).

Banks won’t get higher credit limits

 The State Bank of Viet Nam (SBV) will not adjust upward credit growth limits for commercial banks, except in some special cases, for the rest of the year, SBV Governor Le Minh Hung said.

Vietnamese Gov’t aims to encourage MA in banking sector

 The Government plans not to license any more wholly foreign-owned banks in Viet Nam, instead encouraging foreign banks to buy weak domestic banks, Deputy Prime Minister Vuong Dinh Hue said.

VN Central Bank requests control on foreign currency loans

 Governor of the State Bank of Viet Nam (SBV) Le Minh Hung has recently directed the entire banking industry to strictly control foreign currency lending to better minimise dollar speculation and fight against dollarisation in the economy.

Vietnam to face power shortage by 2030

 Viet Nam will likely face a power shortage in the period 2020-30 if electricity generation is not increased and there is not enough fuel (coal and gas) for generation.

Only 15% of administrative reforms completed

 Only 15 per cent of business and investment conditions have been cut or simplified since the start of the year despite the fact that a deadline set by Prime Minister Nguyen Xuan Phuc is approaching.

Vietnam to get customs bond system

 The Ministry of Finance will collaborate with relevant ministries and agencies to review legal regulations to establish a customs bond system to facilitate customs clearance in Viet Nam in the 2018-19 period.

Canadian martial artist banned again from fight with Vietnamese boxer

 The HCM City Department of Culture, Sports and Tourism has announced it has not licensed a fight between Canadian martial artist Pierre Francois Flores and Vietnamese boxer Truong Dinh Hoang.

Pencak silat martial artists kicking high for the top spots at Asian Games

 Vietnamese pencak silat martial artists will compete at the upcoming 2018 Asian Games (ASIAD) and they’ve set their sights on gold.

Five Vietnamese golfers to join WAGC final

 Viet Nam has selected five golfers to compete at the final of the World Amateur Golfers Championship (WAGC) 2018 to be held on October in Malaysia.

Meeting brings latest astronomical knowledge to VN scientists

 The Rencontres du Vietnam (Vietnam Meeting) on very high energy phenomena in the universe opened in Quy Nhon city of the central province of Binh Dinh on August 13.

M&As in banking sector encouraged

 The Government plans not to license any more wholly foreign-owned banks in Vietnam but encourages foreign banks to buy weak domestic banks, said Deputy Prime Minister Vuong Dinh Hue.

Catfish and shrimp farmers struggle as markets shrink

Both catfish and shrimp are meeting difficulties in exports because of the shrinking market. However, while catfish farmers still can make a profit, farmers of white-legged shrimp cannot.

Households sell solar power to grid in HCM City

 The HCM City Electricity Corporation encourages households to install rooftop solar panels and now there are 475 of them connected to its grid with a total capacity of nearly 5.3MW.

Head of Russia-Vietnam intergovernmental committee announced

 Deputy Prime Minister Maxim Akimov has been appointed as chairman of the Russian subcommittee of the Russia-Vietnam Intergovernmental Committee for Economic-Commercial and Scientific-Technological Cooperation.