vietnam news

Update news vietnam news

Becamex IDC fails on second auction

 Becamex IDC Corporation (Becamex IDC)’s auction organised on January 3 failed by selling only 1.17 per cent of the offered shares.

MWG deal under scrutiny by competition authority

 Mobile World has just announced completing the acquisition of a 95 per cent controlling stake in Tran Anh. However, MWG’s resulting market share could cause legal issues, blocking the corporation’s designs of expansion.

VNPT targets to complete equitisation within the year

 Vietnam Posts and Telecommunications Group (VNPT) is accelerating preparations to complete the equitisation in early 2019.

Nghe An man's tyre-made garden

 A man in the central province of Nghe An has successfully grown vegetables and flowers in a special garden made from hundreds of car tyres.


Lam Dong pine forest Tarzans

 Many men in the Central Highlands Province of Lam Dong make money by picking up pine cones for sales.

Tan Son Nhat Airport expansion must be completed within 1-2 years

 The expansion of Tan Son Nhat International Airport must be completed within one to two years, according to an instruction by Deputy Prime Minister Trinh Dinh Dung.

Grab accused of illegally operating in Thua Thien-Hue

 Authorities in the central province of Thua Thien-Hue have requested a stop to app-based taxi firm Grab’s operations in the locality.

An IT expert promotes ‘smartphone farming’

 An IT engineer in central Vietnam is demonstrating the value of hydroculture as an effective way to build climate change resilience in the storm-prone region, Hoài Nam reports.

Sa Huynh Culture Museum in Hoi An ancient town

 The Sa Huynh Culture Museum in Hoi An displays artifacts of ancient Sa Huynh civilization which flourished 2,000 years ago and founded the Hoi An trading port to trade with merchants from Southeast Asia, South India, and China.

Sudden parking fee hike in Hanoi raises concerns

 Many people are complaining about the higher parking fees in Hanoi that have taken effect since January 1 while the city continues to lack good public transport.

VNPT to restructure sub-units

 The Vietnam Post and Telecommunications Group (VNPT) will re-arrange the organisation of its sub-units in 2018-2020.

No new projects for developers in arrears

 The Ha Noi Department of Taxation has proposed to the municipal People’s Committee not to approve new projects or adjustments for property developers with tax arrears.

VN real estate marks successful 2017

 Viet Nam witnessed positive development in the real estate market in 2017 with increased transactions of apartments and reduction in real estate inventory.

Future looks bright for local banks

 Business performance of commercial banks is forecast to continue its upward trend in 2018 after making significant improvements last year, according to a State Bank of Viet Nam (SBV) survey.

VN needs cryptocurrency laws

 Deputy Prime Minister Vuong Dinh Hue has asked the Ministry of Justice and the State Bank of Viet Nam to hasten and complete the legal framework for managing virtual currencies in Viet Nam.

Investment opportunities from good growth

 Strong economic growth in 2017 is fuelling investor confidence in the Vietnamese economy in 2018, with many investment opportunities on the horizon, experts said at conference held yesterday in Thanh Hoa Province.

Ten new decrees to guide FTA tariff cuts

 The finance ministry has announced 10 draft decrees that will guide implementation of as many free trade agreements (FTAs), drawing a roadmap to zero per cent import tariffs for many goods.

Old cars still on sale despite recent ban

 Many expired cars and trucks have been found for sale online at cheap prices despite being banned earlier this month, prompting concerns over traffic safety and environmental pollution.

HCM City pilots two safe food markets

 The HCM City People’s Committee has approved a pilot programme to sell safe food at two traditional markets -- Bến Thành Market and the Hóc Môn Wholesale Market in the district of the same name.

Six fishermen saved from drifting boat

 A rescue ship from the Regional Maritime Search and Rescue Co-ordination Centre saved six sailors from a drifiting fishing boat 100km off the coast of Quảng Trị Province yesterday morning.