vietnam latest news

Update news vietnam latest news

Vietnam ready to receive South Korean investment in textile & garment sector

VietNamNet Bridge - A new investment wave is expected to hit Vietnam’s textile & garment industry in the time to come, triggered by the Vietnam-South Korea FTA.

High rent hampers retail growth

 Retail companies are racing to expand but are challenged by high rental costs in major cities.

VN should reform amidst strong growth, says IMF

VN should undertake more ambitious reforms to tackle remaining distortions and capacity constraints, increase investment and reduce the external surplus amidst strong economic growth, IMF recommended.

PM urges policies for stable growth in H2

 The implementation of financial and monetary policies must assure that the country’s economic growth is stable and protected from strong volatility in the second half of 2018, Prime Minister Nguyen Xuan Phuc said yesterday.

Shares rise for four consecutive sessions

 Shares rose for the fourth consecutive session on Tuesday with an improvement of liquidity, largely on the strength of a handful of banking and individual blue-chips.

Vietnam wins 9 medals at World Junior Wushu Champs 2018

 The Vietnamese junior wushu team won nine medals, including three gold, two silver and four bronze at the 7th World Junior Wushu Championship 2018, which closed on Tuesday in Brasilia, Brazil.

ACV battles for right to claim airport entry fees

 Taxpayers are claiming they should not have to pay an entry fee for airports and terminals given the fact that airport investors do not have to pay land taxes.

Typhoon Son Tinh weakens to low pressure

 “Son Tinh,” the third storm appeared in the East Sea so far this year, weakened to a low pressure after making its landfall in Thanh Hoa and Nghe An on July 18.

Landslides, erosions encircle Mekong Delta

Landslides in the Mekong Delta have occurred in over 560 riverside and coastal areas with a total length of 786 kilometers. 

Vietnamese teenager offered 13 college scholarships in the US

Phan Thi Hanh is a name heard often in the coastal commune of Cuong Gian in Nghi Xuan district of the central province of Ha Tinh. The girl, born in 2000, has won scholarships from 13 prestigious schools in the US.

Thai fruits sent to China via Vietnam

Government agencies have reported a high number of fruit exports to China, considering it a great achievement of Vietnam’s agriculture. But a significant amount of fruit exports to China are from Thailand.

Airlines adjust flights as storm Son Tinh approaches

 Several airlines have announced the adjustment of their flights from/to some airports in the central coast as storm Son Tinh, the third entering the East Sea in 2018, is forecast to hit the region late on July 18.

Vietnam makes effort to reduce logistics costs

 Since the start of his term, Prime Minister Nguyen Xuan Phuc has consistently emphasised the goal of perfecting the institutions, of which comprehensive administrative reform is a part. 

Nghe An confronts severe flood and landslides

Heavy rains over the recent days have caused severe floods and landslides in the central province of Nghe An.

Foreign confidence in real estate abounds

 VET sought the opinions of real estate experts about FDI in the sector.

Central Group made poor investment decision in Nguyen Kim

 It seems Thai giant Central Group may have made a big mistake in buying 49 per cent of domestic electronic retailer Nguyen Kim. 

Not disclosing foreign origins comes with huge risks

 By registering its business licence in South Korean despite manufacturing goods in China, Mumuso has entered the Vietnamese market, where Japanese and South Korean goods are popular. 

Can Xiaomi bring long-term benefits to Digiworld?

 Despite last year’s expansion to household goods and functional foods, Digiworld’s current revenues have completely depended on Xiaomi.

Hand-shakes between local and foreign players in pharmaceutical market

 Growing participation of foreign players in Vietnam’s pharmaceutical market is putting pressures on local pharmaceutical firms, however analysts suggest the deals with foreign partners could bring certain benefits to their local partners.  

Tiki launch cross-border channel backed by JD.com

 Despite suffering losses over the past seven years domestic e-commerce platform Tiki continues to carry out its market expansion plan, recently launching its first cross-border channel with significant support from Chinese giant JD.com.