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‘Touch-to-pay’ ecosystem taking shape in Vietnam

VietNamNet Bridge - The mobile payment service market in Vietnam has yet to enter a boom period, but many big players are present.

6th Global Environment Facility Assembly opens in Da Nang

The 6th Global Environment Facility (GEF) Assembly opened in Da Nang city on June 27. Prime Minister Nguyen Xuan Phuc delivered a speech at the event's opening session.

Vietnamese artist named as Romanian Honorary Consul in HCM City

 Vietnamese artist Tran Thi Thanh Nhan, better known as Ly Nha Ky, was named the Honorary Consul of Romania in Ho Chi Minh City at a ceremony held in the city on June 26.

Swine flu causes another death in HCM City

 A person with the influenza virus A/H1N1 recently died after two days of treatment at the Cho Ray Hospital in Ho Chi Minh City, becoming the second fatality of swine flu at the hospital and the third in the city. 

Foreign firms enter Vietnam’s payment market, charge low fees

VietNamNet Bridge - While Vietnamese banks are trying to collect fee from clients, e-wallet service providers are not charging fees, or collecting low fees to lure more users, analysts say.

VN stocks retreat on trade war fears

 Vietnamese shares fell yesterday after two consecutive rising sessions as investors worried about a potential trade war between China and the US, which shook global markets.

PV Power to shift listing to HOSE

 PV Power will shift its listing from the Unlisted Public Company Market (UPCoM) to the HCM Stock Exchange by the end of this year, the company announced in its first shareholders’ meeting on Tuesday in Ha Noi.

Yeah1 to list 27 million shares

 Yeah1 Group Corporation listed more than 27.36 million of its shares on the HCM Stock Exchange on June 26, becoming the first ever entertainment company to list.

Vietnam's import-exports surpass $200b in H1

 Viet Nam’s total import and export turnover this year reached an estimated US$204.72 billion by June 15, up 13.2 per cent over the same period last year, the General Department of Customs reported.

Vietnam, Saint Lucia set up diplomatic ties

 Vietnam and Saint Lucia have agreed to establish diplomatic ties at the ambassador level and apply the 1961 Vienna Convention on Diplomatic Relations to their ties. 

WB, IMF pledge to support Vietnam’s development

The World Bank (WB) will continue to help Vietnam achieve its development goals, WB Chief Executive Officer Kristalina Georgieva told Vietnamese Deputy Prime Minister Vuong Dinh Hue during their meeting in Washington on June 26.  

Deputy PM discusses trade, investment ties with US officials

Deputy Prime Minister Vuong Dinh Hue had a meeting with US Secretary of Commerce Wilbur Ross and Trade Representative Robert Lighthizer on June 26 as part of his ongoing visit to the US.

Woori Bank to open five branches in Vietnam

 The State Bank of Vietnam last week sent a document to the Republic of Korea’s Woori Bank allowing it to open five branches and a transaction office in Vietnam.

Floods, landslides leave 19 dead, 11 missing in Lai Chau, Ha Giang

 Flash floods and landslides triggered by downpours in the past days had left 19 dead, 11 missing and 12 injured in the northern mountainous provinces of Lai Chau and Ha Giang by 16:00 on June 26.

EC to review yellow card against Vietnamese fisheries in early 2019

The EC has taken note of Vietnam’s efforts in addressing illegal, unreported and unregulated fishing and its inspectors will return to Vietnam in January next year to review progress in addressing its ‘yellow card’ warning.

Court upholds sentence against Dinh La Thang in OceanBank case

The High-Level People’s Court in Hanoi on June 26 upheld the charges and sentences against Dinh La Thang and five of his accomplices in the case involving PetroVietnam’s contribution of VND800 billion to OceanBank.

US to early recognise Vietnam’s rules on catfish management

 The US Department of Agriculture (USDA) is working hard with a view to early recognizing Vietnam’s regulatory system on catfish management to be equivalent to that of the US, said first Deputy Secretary of USDA Stephen Censky. 

Developing consumer finance in VN – a road full of pitfalls

VietNamNet Bridge - The rapid growth of the consumer finance market reflects the high demand in the market. However, there are still barriers, including high interest rates and limited risk management capability of service providers.

The dark side of the agricultural industry: untreated waste

VietNamNet Bridge - At the Lagos Conference in 2016, Vietnam was reported as ranking 10th worldwide in air pollution. 

Local IT firms struggle to attract talent

VietNamNet Bridge - A manpower shortage is affecting the development of the IT (information technology) industry.