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Real estate and stock markets to rise above market in 2018?

Forecast to be in a finer state than in 2017, the Vietnamese economy in 2018 is expected to provide even more favourable conditions for foreign direct investment (FDI) inflows and domestic market are promising to become stronger.

Vietnam fashion industry suffers setback

VietNamNet Bridge - Analysts say the golden age of Vietnam’s fashion industry is encountering difficulties amid the arrivals of foreign fashion brands.

Northern mountain frozen as temperatures drop

 Temperatures have continued falling, freezing several northern mountainous areas, including Phia Oac Mountain in Cao Bang Province.

Ex-HCMC Party Chief cites "impatience" for violations

 Dinh La Thang tells court the pressure for project progress led to him acting unlawfully.

Dozens of pupils faint from steel plant pollution

 About two teachers and 21 pupils at Quan Toan Secondary School in Hai Phong City fainted and had to be hospitalised after inhaling toxic gas from the local steel factory on January 8.

Thai billionaire seeks to buy Vinamilk stakes

 F&N Dairy Investments Pte Ltd, a subsidiary owned by Thai business tycoon Charoen Sirivadhanabhakdi, has spent millions of USD to buy stakes at Vinamilk after another subsidiary bought a USD4.8bn stake in Sabeco last year. 

Vietnam Airlines gained impressive profits in 2017

 The revenue and profit indicators of Vietnam Airlines Corporation showed growth as planned in 2017, the firm reported.

Cash withdrawal ratio reduced to 10% by end of 2017

 Viet Nam saw a decline in cash withdrawals for the third consecutive year in 2017, with the rate reducing from 15 per cent in 2016 to 10 per cent in 2017, reports from the State Bank of Viet Nam (SBV) showed.

Ministry assures E5 bio-fuel meets int’l standards

 The quality of E5 bio fuel in Viet Nam is ensured and meets international standards. All features, capacity and fuel consumption remain the same, and in some criteria E5 is better than RON 92, officials said.

New players to re-shape VN pharma sector

 Viet Nam’s pharmaceutical retail industry is forecast to see significant competition in 2018, with the entry of new players with strong financial capacity and experience in distribution.

Record export of VN fruits in 2017

 Viet Nam’s fruit and vegetable exports reached a record $3.5 billion for year-on-year growth of 43.02 per cent, according to the Ministry of Agriculture and Rural Development.

VN Index rises for third day

 Vietnamese shares finished January 10 on a mixed note, hit by strong profit-taking. Energy shares continued to benefit from rising oil prices.

Hyundai considers plant in Vietnam or Indonesia

 The Republic of Korea (RoK)’s Hyundai Motor said it is considering building a car plant in Southeast Asia with Indonesia and Vietnam being possible locations.

Preferential policies designed for Da Nang hi-tech park

 The Government has issued a decree on preferential policies for the hi-tech park of the central city of Da Nang.

Vietnam hope for miracle against South Korea in Asian opener

Coach Park Hang-seo said Vietnam’s three rivals in Group D at the Asian U23 Championship were powerful opponents. 

IM Minh grabs silver at Lao chess tourney

  Le Tuan Minh of Viet Nam brought home a silver medal from the Laos International Open Chess Tournament which closed on Monday in Vientiane.

Trinh Xuan Thanh denies misappropriating assets

 Trinh Xuan Thanh, former Chairman of the PetroVietnam Construction Joint Stock Corporation (PVC), denied committing asset misappropriation at the Thai Binh 2 thermal power project during the third day of the trial in Hanoi on January 10.

Former Sacombank exec accepts responsibility in Construction Bank case

 The second-phase trial against Pham Cong Danh, ex-Chairman of Board of Directors of the Vietnam Construction Bank (VNCB) and his accomplices entered the third day on January 10, when the Ho Chi Minh City court began questioning the defendants.

Government assigns tasks for ministries, localities

 The Government has issued Resolution No. 138/NQ-CP following the conference with local administrations and the regular Cabinet meeting in December 2017. 

US repeals anti-dumping administrative review on Vietnam’s steel nails

The DOC has published a notice announcing that the department rescinded the administrative review of the antidumping duty order on certain steel nails from Vietnam for the period between July 1, 2016 and June 30, 2017.