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HCM City west becomes new housing hotspot

The housing market in HCM City's western part has recently become attractive, especially apartments in the affordable segment costing around VND2 billion (US$87,000), analysts said.

PV Power to hold IPO roadshows next week

 PetroVietnam Power Corporation (PV Power) will hold two roadshows to introduce the investment opportunity in the company’s initial public offering (IPO), scheduled on January 31 on the Ha Noi Stock Exchange.

Viettel renamed Military Industry and Telecoms Group

 Military-run telecommunications company Viettel Group was officially renamed Viettel Military Industry and Telecoms Group and recognised as the national defence and security enterprise with 100 per cent State-owned capital.

Vietnam among world’s 10 happiest countries in 2017

 Vietnam has recently made the list of the 10 happiest countries in the world in 2017, according to the 41st Annual Global End of the Year Survey conducted by Gallup International Association.

Firecracker smuggling increases ahead of Tet

 VietNamNet Bridge – Firecracker smuggling is on the rise as the Tet (Lunar New Year) approaches.

Weekend entertainment in Saigon

 Following are a couple of entertainment and cultural events held in HCMC this weekend.

Ministry insists on excise tax on sugary drinks

 The Finance Ministry has insisted on levying a special consumption tax on sweetened beverages, except for dairy products, news website Vietnam Finance cites the ministry’s latest draft of the amended law on taxes.

2017 a stormy year for bankers

Former Deputy governor of the State Bank of Vietnam (SBV) and many other bankers were prosecuted for violations in bank related fields in 2017.

Stock accounts opened by foreign investors post record increase

 Vietnam Securities Depository reported that there were 447 foreign investors granted with transaction codes in the stock market last December, higher than the previous month when it reached 428 investors.

Participants try self-driving cars in Open Camp

 Nearly 800 technology students of Ho Chi Minh City, Da Nang City and Hanoi have been taking part in the event of the Open Camp in three days on January 6, 8 and 12.

Da Lat’s cherry blossom festival to start on January 20

 The cherry blossom festival of Da Lat city, the Central Highlands province of Lam Dong will be started from January 20, announced the provincial People’s Committee at a conference on January 11.

Foreign currency reserves at record high

 Vietnam’s foreign reserves have grown by more than 21 per cent since last October and by $1.5 billion during the first ten days of 2018 to reach their highest-ever level, State Bank of Vietnam (SBV) Governor Le Minh Hung said.

GrabBike drivers go on strike for second time

 GrabBike drivers in Ho Chi Minh City went on strike for the second time to protest the company's new hike in its revenue share to 23.6 per cent from the previous 20.

Government Inspectorate detected series of violations in ACV

 The Government Inspectorate has just announced finding several violations related to asset and capital usage and management, equitisation, and divestment at Airports Corporation of Vietnam (ACV).

Indian star Arti Singh arrives in Vietnam

Indian actress Arti Singh arrived in Ho Chi Minh City on January 9 to attend the 2017 “Blue Star” Awards. 

Firework shows to light up Hanoi skies during Tet

 Hanoi plans to hold spectacular firework displays and diverse cultural, art and sports activities to welcome the Lunar New Year festival (Tet).

Laos: Scaffold collapse kills two Vietnamese workers

 Two Vietnamese workers were killed after a scaffolding structure at a hydroelectric power plant in Laos collapsed, said local authorities.

Bad debt ratio at 2.3% by end 2017

 Non-performing loans (NPLs) of credit institutions were controlled effectively in 2017, helping the NPL ratio of the entire banking system reduce to 2.3 per cent from 2.46 per cent in late 2016.

Vietnam develops air routes to key markets

 The Prime Minister has approved a plan for the development of direct air routes between Vietnam and key markets to boost Vietnam’s global integration. 

Customers fork out for pricey Nhat Tan peach blossoms

In recent days at Nhat Tan village, Hanoi expensive peach blossoms have been selling quickly despite their high prices.