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More international air routes to be launched to Phu Quoc Island

 Phu Quoc International Airport will launch several new international air routes in the coming months which aims to attract more visitors to the southern island.

Coast guards tasked to prevent illegal fishing

 The Vietnam Association of Seafood Exporters and Producers has worked with coast guards to stop illegal fishing activities by Vietnamese fishermen in other countries after the EU issued a yellow card warning to Vietnam.   

Tourism agencies see hot growth of Chinese and Korean markets

VietNamNet Bridge - The tourism sector’s target of receiving 13 million foreign travelers in 2017 is within reach as more Chinese and South Korean visitors are coming to Vietnam.


Experts object to fees on cars entering downtown

 Experts and car owners have objected to a long-planned yet highly controversial scheme to impose a fee on cars entering HCMC’s central business district. 

No extra funding to save loss-making projects

 The Government will no longer inject more capital into State-funded investment projects that have racked up huge losses, according to a report Minister of Industry and Trade Tran Tuan Anh has sent to the National Assembly.

Taxing times

Moves by taxation authorities to increase several taxes and in turn increase the State budget must be carefully implemented to ensure the health of Vietnam’s economy and its business community.

Credit boom raises banks’ 3rd quarter

 Banks have generated hefty profits in the year’s first three quarters, buoyed by healthy credit growth.

SCIC to divest three beverage giants

Vietnam’s largest listed company Vinamilk has finalised procedures to sell 3.3 per cent of the residual stake on November 10, whilst the two brewery giants Sabeco and Habeco have yet to submit their divestment plans.

GDP growth benefits for the poor lessening: economist

VietNamNet Bridge - The gap between the top 20 percent of the richest people and the lowest 20 per cent of the poor in Vietnam was 4.4 times in 1993, but the figure was 10 times in 2016. 

Ambassador: Vietnam-Algeria cooperation below potential

 Cooperation between Vietnam and Algeria has yet to match potential, said Vietnamese Ambassador to Algeria Pham Quoc Tru. 

Alibaba and Tencent eye Vietnamese e-payment sector

Technology giants Alibaba and Tencent are trying to penetrate the Vietnamese e-payment market. 

Wired VN faces new security threats

 As Internet use in Viet Nam continues to rise, avoiding online security threats will become even more difficult, said Vu The Binh, Viet Nam Internet Association (VIA) general secretary, at a symposium in Ha Noi on Tuesday.

Foreign ownership in Techcombank officially at 0%

 Foreign ownership in the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) is officially at zero per cent, the bank announced late last week.

Illegal fishing: Commission warns VN over insufficient action

 The European Commission (EC) has issued a "yellow card" warning to Viet Nam, after the country failed to demonstrate sufficient progress in the fight against illegal, unreported and unregulated (IUU) fishing worldwide.

Customs signs agreement with banks for e-tax payment

 The General Department of Customs (GDC) on Monday signed a co-operation agreement with five commercial banks to implement a 24/7 e-tax payment scheme.

Transport Ministry to cut airport budget deficit

 The Ministry of Transport (MoT) has proposed to the Prime Minister four different plans to operate airfields in the future, aiming to narrow a yawning gap between the Airports Corporation of Viet Nam’s (ACV) revenue and expenditures.

Natural rubber market struggles

The natural rubber market is anticipated to continue struggling due to plunging prices, according to the Association of Natural Rubber Producing Countries (ANRPC). 

Major stocks, especially ROS, lift VN-Index

 Shares rebounded on October 24 on the two national stock exchanges after a flop the previous day, propped up by the strong growth of several major large caps.

Ninh Thuan: Ten arrested for rape of minor girl

 Police in the central province of Ninh Thuan said that they had launched an official investigation into the rape of a 14-year-old girl in Ninh Hai District.

Vietnam in Group D of AFC U23 Championship 2018 finals

 A draw for the Asian Football Confederation (AFC) U23 Championship 2018’s final round took place in China on October 24.