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Vietnam’s academic research relies heavily on foreign cooperation

VietNamNet Bridge - Vietnam’s level of academic research is not only modest in quantity but also in quality. 

Homes of former Da Nang leaders searched

 Competent forces on April 18 searched the houses of Tran Van Minh and Van Huu Chien, former leaders of the central city of Da Nang, who allegedly involved in the case of Phan Van Anh Vu.

Green bonds prop up state eco-fund

While financial resources are constrained from the state side, channelling investment into green projects through the issuance of green bonds may be what it takes for the economic development of the ASEAN bloc in general and Vietnam in particular.

Appeal trial began for former OceanBank executives

 The High-Level People’s Court in Hanoi began to hear the appeals of Ha Van Tham, former Chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank (OceanBank), and his accomplices for their wrongdoings at the bank. 

CPTPP: Vietnam to feel pressure on labor quality

Labor costs in Vietnam are expected to be higher after commitments in the CPTPP (the Comprehensive and Progressive Agreement for Trans-Pacific Partnership) trade agreement are implemented, experts say.

HCM City sees busy real estate transactions in outlying districts

 Land registration offices at some outlying districts in HCM City have been extremely busy due to recent rising land prices in the area.

Ministry defends high coal inventory

 The Ministry of Industry and Trade has attempted to explain why the country has imported coal despite a large inventory.

HCM City new administrative centre displayed

 HCM City’s Department of Planning and Architecture is holding an exhibition to show off its proposed new administrative centre.

Dirty coffee manufacturing facility in Dak Nong raided

 Police in the central highlands province of Dak Nong have raided a large coffee making facility for using battery powder to make fake coffee.

Vietnam still struggling to develop supporting industries

VietNamNet Bridge - Vietnam has been trying to develop support industries for 30 years, but is still finding it difficult to squeeze into the global supply chain.

Potato brand to fight Chinese fakes

 Lam Dong Province has approved a programme to build a Da Lat potato brand to prevent farmers from selling cheap Chinese potatoes disguised as potatoes from Da Lat, which are more expensive.

Korean, Vietnamese swindlers sentenced for illegal labour export

 Hanoi People’s Court on Monday handed sentences to five Republic of Korea (RoK) and Vietnamese who conned Vietnamese labourers into working in RoK.

Police launch campaign to combat drunk driving

 The Ministry of Public Security’s Traffic Police Department, in cooperation with the National Traffic Safety Committee, has launched three campaigns to punish traffic violators, targeting drunk drivers nationwide.

Foreign goods puts pressure on domestic businesses

The adoption of a zero percent tariff from January 2018 among member countries of ASEAN will create opportunities for Vietnamese businesses to seek markets in the region, but competition in the domestic market will also become fiercer.  

Vietnam Cafe Show 2018 to open in HCM City

 The Vietnam Cafe Show 2018 will take place in Ho Chi Minh City from May 3-5, the Exporum Inc announced during a press conference on April 17. 

VN-Index bounces back, exceeding 1,150 points

 The stock market experienced vibrant transactions with total value of over 6.16 trillion VND (271 million USD) on both bourses on April 17.

Textile-garment export target of over $34 bln achievable: VITAS

 With the bright outlook of both global and domestic economies, the textile-garment sector’s exports target of 34 – 34.5 billion USD for 2018 is achievable, Vice Chairman of the Vietnam Textile and Apparel Association (VITAS) Truong Van Cam said.

Vietnam-Indonesia Cooperation Committee convenes third meeting

Deputy Prime Minister and Foreign Minister Pham Binh Minh and Indonesian Foreign Minister Retno Matsudi co-chaired the third meeting of the Vietnam – Indonesia Bilateral Cooperation Commitee in Hanoi on April 17. 

Seven persons charged with involving in Phan Van Anh Vu’s violations

 The investigation police agency of the Ministry of Public Security has put seven persons into temporary detention for their alleged involvement in the case of Phan Van Anh Vu.

PM okays French firm’s plan to expand airport

Prime Minister Nguyen Xuan Phuc has agreed with the proposal of the French consultant company ADP-I to build a new passenger terminal south of Tan Son Nhat airport in Ho Chi Minh City as part of the airport expansion plan.