Many locals in Dak Nong Province are complaining about the huge cracks in their houses which seem to have been caused by explosions at nearby hydropower plant construction in adjacent Dak Lak Province.  

VietNamNet Bridge - Contrary to all predictions, Vietnamese enterprises are willing to spend big money to use robots and advanced technologies in their production lines.

Import turnover from China reached $250bn while the export turnover was only USD100bn from 2013 to the first quarter of 2018, according to the Ministry of Finance.    

The Deputy Minister of Construction Le Quang Hung said on May 23 that they would have strict measures to limit the construction of high-rise buildings in the centre of Hanoi and HCM City.

 The US Department of Commerce (DoC) has notified the exemption of measures if Vietnamese steel export enterprises prove that the exported products are made from material not using Chinese-origin substrate.

 Vietnam’s fintech market is estimated to increase from US$4.4 billion last year to $7.8 billion by 2020, driven by rising bank penetration, according to research of Solidiance.

 The Viet Nam Computer Emergency Response Centre (VNCERT) hosted the 2018 ASEAN-Japan Information Security Drill in Ha Noi, central Da Nang and HCM City on Wednesday.

 State Bank of Vietnam has approved the acquisition and transfer of Post and Telecommunication Finance Company Ltd (PTF) between VNPT and SeABank.

The Ministry of Industry and Trade is working with steel businesses to handle procedures required by the US Department of Commerce to seek exemption from duties by proving their products are not made from Chinese materials.

 After a long period of decline, the last two years have seen an increase in output of giant river prawns in the Mekong Delta.

 The Government has reduced the number of conditions and notification procedures required from online businesses in a bid to create a more favourable investment environment online.

At many political and economic events, American officials and businesses all have said that they believe the US would be the top investor in Vietnam in the near future. But this has yet to happen.

 To meet the growing demand for organic foods, retailers are scouring for producers and also planning to invest in organic agriculture themselves.

  The number of Vietnamese firms using e-invoices has increased from roughly 800 in 2016 to over 9,000, according to the General Department of Taxation (GDT).

 The Viet Nam Sugarcane and Sugar Association has voiced concerns against the Ministry of Finance’s proposal of imposing special consumption tax of 10 per cent on sweet drinks.

 The Hanoi People’s Committee has predicted ten risks that could result in disasters including those related to fire, pollution, transport, health and nuclear power plants.

 Close to 150 leading cueists from 17 countries and territories worldwide are gathering for the Three-Cushion Carom Billiards World Cup, which will officially open in Ho Chi Minh City on May 25.

 There will not be much change in the property market in the second half of the year, a senior Ministry of Construction official has said.

 The Government will strive for gross domestic product (GDP) growth of 6.8 percent in 2019, according to a direction freshly inked by Prime Minister Nguyen Xuan Phuc.

VietNamNet Bridge - Some 73,100 residents in areas affected by typhoon Damrey late last year now have access to fresh water and sanitation.