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Hanoi constricts Uber and Grab operations

 Hanoi will request ride-hailing application providers Uber and Grab to publicise their fares like traditional taxi brands.

When foreign banks want to leave Vietnamese partners

VietNamNet Bridge - The year 2017 saw a number of foreign investors leaving their Vietnamese partners and divesting from banks they once made every effort to develop.

Thanh Hoa vice chairman ousted

 The Prime Minister has decided to remove Ngo Van Tuan from the post of vice chairman of the north-central province of Thanh Hoa in the 2016-2021 tenure for his severe violations of rules.

Trade ministry seeks ways to back local steel makers

The Ministry of Industry and Trade will continue taking trade remedies in line with regulations of WTO and free trade agreements to protect local steel producers from the fierce competition of imported products.

First 2km of Ben Thanh-Suoi Tien metro line No 1 installed

The first 2kmof the 20km metro line No 1 rail track stretching from Ben Thanh market to Suoi Tien Theme Park in HCM City has been installed.

Vietnam imports over US$2.82 billion of pharmaceuticals in 2017

Vietnam spent in excess of US$2.82 billion importing pharmaceuticals for medical treatment and health care last year, up 10% on a year earlier at US$ 2.563 billion.

Grab and Uber drivers’ honeymoon finds bitter end

After enjoying a 'honeymoon' of numerous attractive incentives for a short time, drivers of both Grab and Uber are taking to the streets to protest against both Uber and Grab increasing commissions and cutting allowances.

Government continues paring down business and investment conditions

In a bid to create a more business-friendly climate and attract more investment, the Vietnamese government will continue truncating thousands of business and investment procedures, which have been undermining investors’ and enterprises’ performance.

Sales down, motorbike manufacturers try to win niche markets

In the face of rapid expansion of well-known brands, less strong brands such as Suzuki, Piaggio, SYM and Kymco are targeting niche markets to improve sales.

Robot serves HCM City restaurant

 A restaurant in HCM City’s Thu Duc District has used a robot to serve customers.

Monkeys destroy Ninh Thuan crops

 Farmers in Ninh Thuan Province are complaining about being attacked by wild monkeys who are also destroying their vineyards.

VN car market slump continues

Viet Nam spent more than US$2.15 billion importing 94,000 cars last year, marking a year-on-year decrease of 16.8 per cent in volume and 9.6 per cent in value.

Rubber giant plans IPO, exchange listing

Viet Nam Rubber Group is expected to list its shares on the HCM Stock Exchange in June or July after its initial public offering on February 2.

No cash withdrawal at domestic POS from March

 Credit card holders will not be allowed to withdraw cash at card readers of domestic points of sale (POS) from March this year, says the State Bank of Viet Nam (SBV).

Finance Ministry tightens casino supervision

Casino establishments in Vietnam must soon equip their venues with features like a working camera system to aid the Ministry of Finance in supervising the casinos’ operations.

HCMC industrial zones seek $900m

 The HCM City Export Processing Zones and Industrial Parks Authority (Hepza) hopes to attract new investment worth US$900 million this year.

Verify information of Thai business partners: Ministry

 The Ministry of Industry and Trade has urged Vietnamese firms to verify information of Thai business partners carefully to avoid being swindled.

VN, France ink research deal

Viet Nam and France will promote co-operation in scientific and medical research on HIV/AIDS and viral hepatitis in the coming years.

Adjustments to Mekong Delta master plan approved

Accordingly, the region will go in the direction of green and sustainable growth and adaptation to climate change, aiming to become a national hub of agricultural production, fisheries, sea-based economy and eco- and river tourism.

APPF-26 plenary session discusses political, security matters

 Political and security issues were tabled in the first plenary session of the 26th Annual Meeting of the Asia-Pacific Parliamentary Forum (APPF-26) in Hanoi on January 19.