vietnam news

Update news vietnam news

Vietnam’s pharmacy industry attractive to foreign investors

VietNamNet Bridge - Pharmacy firms are making good profits, with the market expecting a stable growth rate of 10-15 percent.

Scientists alarmed over soil degradation

VietNamNet Bridge - Agricultural land in Vietnam has been overexploited because of inappropriate cultivation methods, scientists say. 

HCMC's eastern areas yet to modernize, become overloaded

 The quick urbanization speed in the eastern part of HCMC has gradually exposed reverses as social and technical infrastructures have run behind the development of new residential areas and population increase, causing severe traffic jam and flooding.

Tax reform and transfer pricing

2016 marked a major watershed regarding transfer pricing in Vietnam and the announcement of a new round of tax reforms by the Ministry of Finance introducing regulatory changes to tackle base erosion profit shifting practices.

Focus of population policy needs to shift

VietNamNet Bridge – Population quality increased remarkably as the infant mortality rate for children aged under five and the fatality rate for mothers reduced, while average life expectancy rate started to rise. 

Low localization could sound death knell for auto industry

 Transnational investor pledges with the Foreign Investment Agency have tapered off in the wake of the demise of the Trans Pacific Partnership (TPP), said speakers at the Vietnam Business Forum.

Regulations on foreign workers in VN

 The Ministry of Labor, Invalids and Social Affairs has issued a circular guiding the implementation of a number of articles of Decree No.11/2016/NĐ-CP detailing a number of articles of the labor code in respect of foreign workers in Viet Nam.

Six inspection teams set up for food safety in Tet holidays

 Head of the Vietnam Food Administration (VFA) under the Ministry of Health Dr. Nguyen Thanh Phong yesterday said that six inspection teams will be set up for food safety in Tet holidays (the Lunar New Year) and festive season 2017.

Three ancient trees recognized as Vietnam heritage tree

 Three hundred- old “thi” (known as diospyros decandra) trees which are located at Tien Chau village, Thang Binh district, Quang Nam province, were recognized as Vietnam heritage tree, yesterday.

ICT industry earns $59.9 billion

 According to the latest report from the Ministry of Information and Communications (MoIC), total revenue in the country’s ICT industry in 2016 is estimated at VND1,337 trillion ($59.9 billion), a year-on-year increase of 9.36 per cent.

Policy banks may benefit from slow disbursement of foreign funds

The government suggested raising the charter capital of two policy banks with the use of foreign funds during the fifth session of the 14th National Assembly (NA) Standing Committee on December 23.

Future IPOs should avoid Vinamilk mistakes, official says

 Systemic problems in auctioning shares of State-owned enterprise (SOE) Vinamilk recently should serve as a lesson for upcoming equitising transactions, a Finance Ministry official says.

Friendly images of US, France presidents, UK Prince in Vietnam

 Let’s review friendly images of US President Barrack Obama, France President François Hollande and Prince William, the Duke of Cambridge during their visits to Vietnam in 2016.

Ly Hoang Nam drops four places on world rankings

 Vietnam’s top tennis player Ly Hoang Nam dropped four places on the Association of Tennis Professionals (ATP)’s latest men’s singles rankings to the 662nd position.

Government supports eight flood-hit localities

 The Prime Minister has agreed to allocate 165 billion VND (over 7.2 million USD) from the budget reserves fund to eight provinces to help them tackle the consequences of storms and floods from October 13-18. 

Should online games be banned in school?

VietNamNet Bridge – The word ‘game’, a consistent point of contention among adults and children, has once again initiated a battle between parents and educators. However, ...

National TV Fest 2016 ends in Lao Cai

 VietNamNet Bridge – Viet Nam Television Film Centre (VFC)’s Zippo, Mu Tat Va Em (Zippo, Mustard and You) won gold prize in the category of Television Film of the National Television Festival 2016.

VN’s top badminton players get married

 VietNamNet Bridge – The country’s top badminton players Nguyen Tien Minh and Vu Thi Trang got married on December 26 in HCM City.

Long An FC add American midfielder Apollon to lineup

VietNamNet Bridge – V.League side Long An have signed a one-year contract with American Ashkanov Apollon for their upcoming tournament. 

Temporary measures cannot solve traffic congestion in HCMC

 VietNamNet Bridge – A number of solutions proposed by the HCMC Department of Transport to cope with the worsening traffic situation in the city are considered ineffective in a long term, said traffic experts.