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Foreign OTAs dominate Vietnam’s online travel market

 Global online travel agencies (OTAs) currently hold up to 80% of Vietnam’s online travel market share, said Nguyen Van Tuan, head of the Vietnam National Administration of Tourism (VNAT).

PetroVietnam investment in Ocean Bank unlikely to be recovered

 The former PetroVietnam chairman Dinh La Thang has been ordered to repay VND600bn to PetroVietnam but lawyers claim it would be difficult to recover the money.

Honey harvesting season in Hung Yen

 Households in the northern province of Hung Yen are busy harvesting honey.

Forgiving tax debts must be done transparently

A recent proposal by the Ministry of Finance to clear over $1.16 billion of tax arrears, accounting for more than a third of all tax arrears and irrecoverable fines, has raised public concern about the fairness and transparency of handling tax debts.

Vietnam’s PMI drops to 51.6 in March

 The Viet Nam Manufacturing Purchasing Managers’ Index dropped to 51.6 in March from February’s 10-month high of 53.5, Nikkei’s IHS Markit reported on Monday.

Saigon Heat lose to San Miguel Alab Pilipinas

 Vietnam’s club Saigon Heat lost to San Miguel Alab Pilipinas of the Philippines 100-110 in the playoff’s first match of the ASEAN Basketball League on Sunday.

As Uber leaves, ride hailing apps enter new period

VietNamNet Bridge - Uber, Grab and Easy Taxi spent big money to fight for market share in Vietnam. But after five years, two of them have left the playing field.

VN retail sales surge 8.6% in Q1

Vietnam’s total revenue from retail trade and services rose 10 per cent year-on-year to exceed VND1 quadrillion (US$46.57 billion) in the first quarter of this year, according to the General Statistics Office (GSO).

Finance Ministry plans tax cut to give push to hi-tech labor market

The Ministry of Finance has proposed a 50 percent personal income tax (PIT) reduction on income from salaries and wages of hi-tech workers in an effort to help ease enterprises’ staff shortage. 

Wild animal-meat market busy during lunar new year season

VietNamNet Bridge - Many Vietnamese believe that eating wild animal meat on the first days of the lunar year will bring good luck. 

Math teacher did not speak for four months

VietNamNet Bridge - Tran Thi Minh Chau, a math teacher at Long Thoi High School in HCMC, did not say one word while teaching students in the last four months. 

New momentum for sci-tech cooperation with France, Cuba

 The recent visits to France and Cuba by General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong created new momentum to promote cooperation in science and technology.

National business census 2018 conducted

The General Statistics Office (GSO) has begun carrying out a national business census in 2018 to take stock of the real situation in corporate development.

Vietnam to attend international security conference in Russia

 Defence Minister Ngo Xuan Lich’s upcoming attendance of the 7th Moscow Conference on International Security in Russia on April 4-5 aims to affirm Vietnam’s responsibility towards global and regional matters, a Vietnamese officer has said. 

Nearly VND21 trillion for economic, industrial zones

The Prime Minister has recently approved the Target Programme on investing in infrastructure in coastal economic zones; border gate economic, industrial and high-tech areas for the 2016-2020 period. 

Green colour dominates stock market as April starts

 The stock market started the first week of April with green colour dominating large-cap stocks and those in banking and real estate in both bourses. 

President Tran Dai Quang hails consolidated friendship with Mongolia

President Tran Dai Quang praised efforts made to boost the traditional friendship and economic, trade and investment ties between Vietnam and Mongolia while meeting with the Secretary of the National Security Council of Mongolia.

Vietnam shooting team aim for medals at ASIAD 2018

 Vietnamese shooting team will strive to win medals at the Asian Games (ASIAD) 2018 to be held in Indonesia in August, Secretary General of the Vietnam Shooting Federation Nguyen Thi Nhung has said.

Prime Minister Nguyen Xuan Phuc stresses growth quality

 Prime Minister Nguyen Xuan Phuc emphasised the need to ensure the quality of growth and people’s living standards at the same time while addressing the Cabinet’s meeting in Hanoi on April 2. 

Vietnam’s economy enjoys auspicious start

Vietnam’s economy enjoyed a more sustainable growth in the first quarter of the year with a strong economic expansion of 7.38 percent, the best first-quarter performance in the last decade.