vietnam latest news

Update news vietnam latest news

Wrongdoings in PetroVietnam’s investment in Ocean Bank to be tried next month

 Former Chairman of the Board of Directors and Member Council of the PetroVietnam Dinh La Thang and six accomplices will be tried for their wrongdoings in investing PetroVietnam’s capital in the OceanBank at a trial slated for March 19 in Hanoi.

Salary of workers increased by 9.3 percent in 2017

 The average monthly salary increased by 9.3 percent in 2017, according to the Ministry of Labour, Invalids and Social Affairs.

ITC helps improve Vietnamese businesses’ competitiveness

 The International Trade Centre (ITC) will continue working with Vietnam to improve the competitiveness of its enterprises during their integration into international trade, affirmed ITC Executive Director Arancha González.

Vietnamese consumers open to buying electric vehicles

 Up to 33 percent of Vietnamese buyers are open to considering an electric vehicle (EV) as their next car, demonstrating the country’s strong potential to speed up the electrification of automobiles.

Localities nationwide launch New Year tree planting festival

 Many provinces and cities across Vietnam, on February 25, simultaneously held the annual New Year tree planting festival, initiated by the late President Ho Chi Minh in 1960.

Quang Nam team takes National Super Cup trophy

 Defending V.League 1 champions, Quang Nam, defeated winners of the Vietnamese National Football Cup, Song Lam Nghe An (SLNA), 1-0 to lift the trophy of the National Super Cup which took place in Hanoi's Hang Day Stadium on February 24.

Vietnam’s property market expected to grow

 Analysts expect the real estate market, especially the residential land segment, to continue to grow solidly this year thanks to huge infrastructure works in many places around Vietnam accompanied by a raft of property developments.

US naval ships to visit Da Nang

 A group of ships of the US navy will visit the central city of Da Nang from March 5 to 9 at the permission of the Vietnamese government. 

Fugitive banker wanted internationally

 The Ministry of Public Security’s investigation police has issued an international wanted notice for a fugitive bank executive for fraudulence, illegally appropriating over 10 million USD from a customer.

Animal health agency warns of possible new bird flu outbreaks

The Department of Animal Health under the Ministry of Agriculture and Rural Development has warned of a high risk of the return of avian influenza in Vietnam after the epidemic was put under control for a long period of time.

Made-in-Vietnam varieties cover 59 percent of rice fields

As many as 4.6 million hectares of land, or 59 percent of total rice area in Vietnam, have been cultivated with domestically-made varieties.

The teacher who inspires thousands of students

VietNamNet Bridge - Thousands of students burst into crying when teacher Nguyen Thanh Nhan talked about  parents and how students should behave towards teachers. 

Vietnamese workers to compete with robots for jobs

VietNamNet Bridge - Instead of resisting the robotization trend or the 4.0 revolution, cheap labor markets like Vietnam should learn to live with the trend, experts say. 

Cashew companies to step back in 2018 before gearing up again later

VietNamNet Bridge - In 2017, Vietnam exported 353,000 tons of cashew nuts, worth $3.52 billion, an increase of one percent in quantity and 23.8 percent in export turnover compared with 2016. 

Factories, farms arise on upper Gieng river

A delegation of scientists and Binh Thuan provincial officials met in Dong Nai province at a conference in early February to discuss solutions to settle pollution in the adjacent area of Binh Thuan and Dong Nai provinces.

Deputy PM urges e-Gov’t acceleration

 Deputy Prime Minister Truong Hoa Binh has urged ministries, sectors and localities to finish the build-up and carrying out of the e-Government architectural framework at ministerial and provincial levels before September this year.

Finance Ministry proposes environmental tax hike

 The Ministry of Finance has proposed raising environmental protection taxes on oil and petroleum products from the current 3,000 VND (13 US cents) to the ceiling level of 4,000 VND (17 cents) per litre beginning July 1, 2018.

Setting up businesses to … transfer to Chinese

VietNamNet Bridge - Many Vietnamese in Nha Trang in Khanh Hoa province are registering businesses under their names and then transferring them to Chinese, allowing Chinese staff to work without a work permit. 

We have gained growth momentum for coming 5-10 years: Planning minister

 Planning and Investment Minister Nguyen Chi Dung tells Thoi bao kinh doanh that the high spirits engendered by 2017’s impressive gains will spur socio-economic development this year and beyond.

Construction starts on Vietnam’s first petrochemical complex

 Prime Minister Nguyen Xuan Phuc gave the order to start construction on the Long Son Petrochemicals (LSP) Complex – the first of its kind in Vietnam – at a ceremony on February 24 in the southern province of Ba Ria-Vung Tau.