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Vietnam's Jan-April credit expands 5%

 Credit grew 5% in the first four months of the year, Pham Thanh Ha, director general of the Monetary Policy Department of the State Bank of Vietnam, told a banking forum in Hanoi on May 8.

Steering Committee for 'Digital Vietnamese knowledge system' project established

 Prime Minister Nguyen Xuan Phuc has signed Decision No.494/QĐ-TTg to set up a Steering Committee for the 'Digital Vietnamese knowledge system' project, under which Deputy Prime Minister Vu Duc Dam is appointed as the Head of the Steering Committee.

Celtrion Group to build $800-million pharmaceutical factory in VN

 Adding to the excitement of investments in the Vietnamese pharmaceutical sector, Celtrion Group from South Korea also found opportunities to join the game.

JC&C joins the race for Vinamilk

Singapore’s Jardine Cycle & Carriage Limited Company (JC&C) announced intentions to take up the competition with F&N Dairy Investment Pte., Ltd. for a stake in Vinamilk by registering to buy an additional 14.5 million shares.

Khanh Hoa suspends land transfer in economic zone

 Khanh Hoa Province’s People’s Committee Chairman Le Duc Vinh has signed a document to suspend the conversion of land use purposes and land transfers in Van Ninh District.

Vietnam to meet Thailand in AFF semi-finals

 The Vietnam U16 team will meet Thailand in the semi-finals of the AFF U16 Girls’ Championship in Indonesia on Friday.

Vietnam imports $451 million worth of fruit, vegetable in 4 months

 Vietnam imported around 451 million USD worth of fruit and vegetable in the first four months of this year, with 107 million USD spent in April alone.

Watermelon growers face huge losses amid falling prices

 Watermelon farmers in the central province of Quang Ngai are suffering from heavy losses as China halted purchases which have resulted in the sharp price fall.

Vietnamese economy projected to grow 6.83% in 2018: think tank

Vietnam’s economic growth in 2018 could exceed the National Assembly’s target and reach 6.83%, according to a forecast released by the Vietnam Institute for Economic and Policy Research (VEPR).

The life of Quang Ngai’s ‘jungle man’

A man in the central province of Quang Ngai who lived in the forest for up to 40 years is now alone after the death of his father.

PM approves capital rise for Hanoi metro project

Prime Minister Nguyen Xuan Phuc has agreed to allow Hanoi’s metro project to increase its capital by VND16.12 trillion (USD727.2 million).

Vietnam’s accommodation facilities need better workforce

 Human resources development will help improve the competiveness of lodging providers in Vietnam amid the rapid expansion of the country’s tourism industry, according to hospitality experts.

HOSE liquidity up 74 percent in 2017

Liquidity at the HCMC Stock Exchange has risen, with more than 192 million shares worth $186.7 million being traded daily in 2017, up 49 percent in volume and 74 percent in value year-on-year. 

State budget revenue hits over $19 bln in four months

 Total revenue of the State budget reached 446.3 trillion VND (19.57 billion USD) in the first fourth months of 2018, equivalent to 33.8 percent of the yearly estimate and up 12.1 percent year-on-year, according to the Ministry of Finance.

Changing face of VN hospitality

 The fast-changing hospitality industry is offering many opportunities for developers to expand the number of rooms and market their properties to future new categories of guests like millennials, according to hospitality experts.

HNX to host three share auctions in May

 The Ha Noi Stock Exchange (HNX) will hold three auctions in May to sell shares of Sai Gon Postel Corp, Viet Nam Apatite Phosphorus Joint Stock Company and Viet Nam Aviation Corporation.

Storm brings down 65-m telecommunication pole in Thanh Hoa

 Stormy weather hit the mountainous Thuong Xuan District in the central province of Thanh Hoa on Tuesday evening, causing the collapse of an electrical pole and a 65-m-high base transceiver station (BTS).

Vietnamese karateka aims for gold at Asian championship

 Vietnamese Nguyen Thi Ngoan hopes to change her medal colour at the 17th Asian Karate Federation Cadet, Junior & U-21 Championships, which will be held in Okinawa, Japan, from May 10 to May 13.

US to investigate catfish production in VN

 The US delegation will investigate the production process of tra fish from May 14-25, according to the Ministry of Agriculture and Rural Development.

“Meeting Vietnam” returns to Binh Dinh province

 An international workshop themed “Science for Development” opened at the International Center for Interdisciplinary Science and Education in Quy Nhon city, the central province of Binh Dinh on May 9.