Nha Trang, Da Nang, HCM City and other famous tourism sites are seeing an influx of Chinese travelers. 

A number of Vietnamese popular products are being sold on Amazon, the US largest e-commerce website, at prices which are much higher than in Vietnam.

 Vietnam Italy Steel JSC (VIS), in which Japanese Kyoei Steel holds 25 per cent, plans to remove the foreign ownership limit (FOL) to prepare for its long-term development plan.

 Amazon is making its long-awaited foray into Vietnam’s e-commerce market in March, a move that could shake up the country’s entire online retail market.

 The Ministry of Industry and Trade has started an inspection at Lazada after receiving numerous complaints related to the quality of goods and services, focusing on the observance of the law on commerce and the protection of consumers’ interests.

 The establishment of an intellectual property court in Vietnam is in sight but has yet to be completed, a deputy chief inspector of the Ministry of Science and Technology (MOST) has said.

 Luong Hoang Thai, director general of the Multilateral Trade Policy Department, under the Ministry of Trade and Industry, speaks to Viet Nam News Agency about the likely benefits and impacts of the CPTPP on the country’s economy.

 Viet Nam Prosperity Joint Stock Commercial Bank (VPBank) will organise its shareholders’ meeting on March 19 with an important plan to increase its current charter capital.

 Domestic waterway tourism in HCM City can not develop with its current weak infrastructure system.

 The southern province of Binh Duong has announced it will organise the World Technopolis Association (WTA) Events in October since its capital, Binh Duong City, has just become a member of the association.

 Five persons were confirmed dead after a fire broke out at a house in Central Highlands’ Lam Dong Province’s Da Lat City on Monday night.

 Five workers died and four others are missing after falling down with cargo in the Red River in northern Lao Cai Province on Sunday.

 Vietnam needs more preferential policies to attract investors to the local cosmetics sector, economic experts have recommended.

 The market value of Government bonds (G-bonds) hit 1 quadrillion VND (44 billion USD) as of the end of February 2018, equivalent to 20 percent of Vietnam’s GDP in 2017.

 The 22nd sitting of the Standing Committee of the 14th National Assembly kicked off in Hanoi on March 12 under the chair of NA Chairwoman Nguyen Thi Kim Ngan. 

 Inheriting and promoting traditional moral qualities, Vietnamese women are improving their role and position in society by themselves, significantly contributing to national construction and development.

 Vietnam – Australia economic cooperation thrives

The HCM City People’s Procuracy on March 12 proposed jail sentences of 8-15 years for ten former Navibank officials involving in the case of “deliberately violating State regulations on economic management, causing serious consequences” at the bank. 

Outgoing Ambassador of Chile to Vietnam Claudio Andres De Negri Quintana has been honoured with the “For Peace and Friendship among Nations” insignia of the Vietnam Union of Friendship Organisations.

The Japan Bank for International Cooperation (JBIC) is considering funding the Block B&52/97 project of the Vietnam Oil and Gas Group (PetrolVietnam) using loans without a government guarantee.