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Vietnam’s car dream re-ignited as Vingroup builds manufacturing plant

Vingroup has announced plans to produce its first cars in the next two years, rekindling the long-cherished dream of a local car industry which has failed to come true following numerous attempts over the past two decades.

Uber $2.94 million in tax arrears

Uber will have to pay nearly VND67 billion ($2.94 million) in tax arrears, including personal and corporate income tax, withholding tax and value-added tax, as well as late payment fine, according to newswire Vnexpress.

Villagers risk lives crossing stream after bridges swept away

 The villagers in Yen Bai Province are risking their lives to cross the stream every day as the local bridges have been abandoned unfinished for years.

iPhone 8 seeing slow sales in Vietnam

 The iPhone 8 is failing to attract customers in Vietnam, with most interest being shown in the iPhone 8 Plus and iPhone X.

Government offers foreigners opportunities to buy into Vietnamese banks

With attractive incentives from the Government, the opportunity for foreign investors to own 100 percent of a Vietnamese bank has never been better. 


Hanoi: 384 dengue outbreaks remain

 The number of new dengue fever cases in Hanoi has dropped in the last few weeks, according to the city’s Department of Health on September 25.

Hanoi sees bubble tea boom

 More and more bubble tea brands are now trying to establish by investing in outlets with attractive designs in big cities, particularly Hanoi.

Ba Ria-Vung Tau resort property market largely untapped

 Although Ba Ria-Vung Tau has been a well-known tourist destination for a long time, the province’s resort property market still offers many projects.

Cooperation, dialogues important to East Sea dispute settlement: scholars

Many scholars from countries that claim no territory in the East Sea have said that maintaining maritime freedom, devising coordination mechanisms and controlling conflicts are important to settling disputes.

Vietnam auto demand catching up with region

An increasing number of Vietnamese plan to buy a car this year, catching up with other ASEAN countries, according to the Auto Purchase Index of Financial Times Confidential Research.

HCM City’s authorities grapple with high-rise construction boom

 A high-rise boom in ever-growing HCM City is posing new management challenges for authorities, a construction official reported on Monday.

Uber denies rumours of operation suspension

Uber Viet Nam CEO, Dang Viet Dung, on Saturday denied rumours that Uber would temporarily halt operations in Viet Nam until its tax dues were paid.

Ministry of Industry and Trade continues administrative reforms

 The Ministry of Industry and Trade (MoIT) will continue taking the lead in administrative reform, said Nguyen Sinh Nhat Tan, head of the ministry’s Legal Department, on Monday.

Local investors want healthcare to be fully privatised

 The Vietnam Association of Financial Investors (VAFI) has proposed that the Prime Minister privatise State-owned hospitals to reform the healthcare system and improve the quality of healthcare services.

VN firms seek market for tra fish

Many Vietnamese exporters are seeking new markets for tra (catfish) as they face high tariffs in the United States, long one of the biggest consumers of Vietnamese tra fish.

Downpour hits north Vietnam

 The Central Steering Committee for Natural Disaster Prevention on Monday requested its subordinate agencies “not to underestimate” and proactively prepare to respond to a tropical depression.

Japanese doctor named as Vietnam’s honorary consul in Nagoya

 Japanese doctor Nagato Natsume has been appointed as Honorary Consul of Vietnam in Nagoya city of Aichi prefecture.

Party senior official meets Canadian, French ambassadors

 Politburo member and Head of the Party Central Committee’s Economic Commission Nguyen Van Binh hosted a reception for Canadian Ambassador in Vietnam Ping Kitnikone in Hanoi on September 25.

PM pledges favorable conditions for US investors

The Vietnamese Government always creates favourable conditions for foreign investors, including those from the US, said Prime Minister Nguyen Xuan Phuc at a reception for President of the US’s Harbinger Capital Partners LLC Philip Falcone.

Vien wins another gold, breaks AIMAG record

 Vietnamese sport got a boost when swimmer Nguyen Thi Anh Vien bagged another gold medal at the Asian Indoor and Martial Arts Games (AIMAG) in Turkmenistan on September 25.