vietnam news

Update news vietnam news

Foreign real estate lags

 Despite the Law on Housing 2015 which gives greater room to foreigners to own properties in Vietnam, the number of foreigners who have purchased real estate is increasing, but remains modest.

Nghe An police bust fake petrol ring

 Police in Nghe An Province has arrested the leaders of two local companies for producing and trading fake petrol.

Vietnam revises two-child policy

 Communist Party General Secretary Nguyen Phu Trong has issued a resolution on population and family planning in which families would be no longer encouraged to have only two children and couples with three children or more will not be fined.

Festival honouring Mother Goddess in Hanoi

 A festival featuring the worship of Mother Goddesses will bring many folk artists from across the nation to Hanoi on November 9-13.

Binh Thuan proposes reduction of titanium mining

 Binh Thuan Province People’s Committee has proposed to the Government a plan to adjust exploration and exploitation of titanium in the locality.

Girls drown in QuangTri canal after school

 Two schoolgirls in central QuangTri Province drowned on Monday while playing on a local dyke, which was inundated under rainwater.

Bone marrow transplant successfully treats bronchopulmonary dysplasia

The US’s American Journal of case reports recently announced the world’s first successful application of bone marrow mononuclear cells transplant to treat bronchopulmonary dysplasia at the Vinmec Medical System.

Master Khoi wins second gold at world champs

 Nguyen Anh Khoi secured a double at the World Youth U14, U16 and U18 Rapid and Blitz Chess Championships, which ended in Greece on Monday.

NA discusses socio-economic development, budget

 The National Assembly (NA) on Tuesday started a two-and-a-half day discussion about the social-economic development and budget estimates for 2018.

Phuong, Patipatvasin emerge winners at international festival

 Vietnamese contestant, Nguyen Tran Phuong, and Thai contestant, Ravisut Patipatvasin, emerged the top winners at the first ever Almar Hanoi International Festival and Competition held in Hanoi.

Central Southern provinces experience downpour

 The low pressure area in the East Sea has strengthened into a tropical depression, causing bad weather in the southern coastal provinces.

APEC 2017: Da Nang works to ensure electricity supply

The Central Power Corporation has worked with the Da Nang Power Company Limited and the Central Grid Company to ensure the supply of electricity for the upcoming APEC Economic Leaders’ Week in any circumstances.

Delta tourism project altering river

Residents in the Mekong Delta Province of Tien Giang are worried that the construction of a fruit park will alter the currents of the Tien and Cai Be rivers and intensify landslides on Cai Lay District’s Tan Phong Islet.

The outstanding bankers of 2017

VietNamNet Bridge - Bankers Ngo Chi Dung, Duong Cong Minh and Dang Khac Vy frequently appeared in local media in 2017. 

Bitcoin transactions remain illegal

SBV releases statement confirming that all crypto-currencies are illegal in Vietnam.

Khaisilk set to face criminal probe

 Famed silk brand may face investigation over claims it marketed Chinese silk as "Made in Vietnam".

Vietnamese fashion brands warned: innovate or shut down

VietNamNet Bridge - Many foreign fashion brands have entered the Vietnamese market, creating stiff  competition in the market for local brands.

Vietnam spends $9.4bn on debts this year

Debt interest and principal payments equal to 4.18% of GDP made year-to-date as at October 15.

Quick look at Vietnam economy between 2010-2017

The national economy expanded at around 6% on average and maintained stable increases in foreign investment inflows, foreign arrivals, and export revenues between 2010-2017.

Vietnam expects $30 billion FDI by year-end

 In the ten months of this year so far, Vietnam reported record high foreign investment inflows, with $28 billion coming in, primarily from APEC economies. The figure is expected to increase to $30 billion by the end of the year.