vietnam news

Update news vietnam news

VinaCapital sells trophy asset for $100 million

 The Vietnam Opportunity Fund, managed by VinaCapital Group, has sold its entire holding in an unnamed trophy asset for US$100 million to a newly-formed hospitality joint venture between it and US private equity firm Warburg Pincus.

VN says dependence on Chinese imports shrinks

 Efforts to decrease the trade deficit with China is an important policy and one of the Ministry of Industry and Trade (MoIT)’s chief concerns, in addition to increasing exports to this market, says Industry and Trade Deputy Minister Do Thang Hai.

Management of river environment to be improved

 Minister of Natural Resources and Environment Tran Hong Ha has decided to establish a steering committee to monitor the project on strengthening the environmental management of river basins.

Nguyen Dynasty documents on display

 King Minh Mạng’s various administrative and royal documents under the Nguyen Dynasty (1802-1945) are on display at an exhibition that opened yesterday in Hanoi.

Badminton festival to take place in HCM City

 The 2016 badminton tournament is scheduled to take place at the Ho Xuan Huong Gymnasium in HCM City between November 25-27.

New Australia Awards scholars set to study in Australia

 The Australian Embassy has invited a new group of 53 Australia Awards scholars to leave Việt Nam for postgraduate studies in Australia in early 2017.

Ly Hoang Nam drops two spots in world rankings

 Top Vietnamese tennis player Ly Hoang Nam dropped two spots to world No 612 in the men’s singles category, the Association of Tennis Professionals (ATP) announced on November 21.

Vietnam, Singapore agree on measures for stronger ties

 Vietnam and Singapore agreed on a host of concrete measures to bring their relationship to the next level in the time ahead during the tenth political consultation of their foreign ministries in Singapore on November 22.

NA adopts halt to Ninh Thuan nuclear power plant project

The National Assembly has adopted a resolution on stopping to implement the Ninh Thuan nuclear power plant project, reasoning the country’s current economic situation, Chairman of the Government Office Minister Mai Tien Dung said.

Vietnam, Laos, Cambodia benefit from development triangle mechanism

 The development triangle mechanism of Vietnam, Laos and Cambodia has brought great benefits to all three countries, Deputy Foreign Minister Vu Hong Nam told the media on the eve of the ninth Summit of the CLV Development Triangle Area. 

Iranian Parliament Speaker to visit Vietnam

 Speaker of the Iranian Parliament Ali Larijani will pay an official visit to Vietnam from November 24-27, at the invitation of Chairwoman of the National Assembly Nguyen Thi Kim Ngan, according to the NA’s External Relations Committee on November 22.

Vietnam, Italy agree to deepen strategic partnership

President Tran Dai Quang and his Italian counterpart Sergio Mattarella have displayed their resolve to deepen the Vietnam-Italy strategic partnership in an effective fashion during their talks in Rome on November 22. 

Is a high localization ratio reasonable for Vietnam’s auto industry?

Despite failure in developing an auto industry in the last two decades, Vietnam still dreams of building an industry of its own. 

National Assembly passes several resolutions

 The 14 th National Assembly adopted a resolution on the pilot issuance of e-visa for foreigners at a plenary session on the morning of November 22.

14th NA’s parliamentary friendship organisation set up

 The National Assembly (NA) Standing Committee officially announced a resolution on the establishment of the 14th NA’s Vietnam Parliamentary Friendship Organisation on November 22. 

Ambassador highlights Vietnam-US ties throughout history

 Vietnamese Ambassador to the US Pham Quang Vinh hosted on November 21 a talk on the Vietnam-US relations at the US National Academy of Public Administration.

PM leaves for CLV development triangle summit in Cambodia

 Prime Minister Nguyen Xuan Phuc is leading a Vietnamese delegation to the ninth Summit on Cambodia-Laos-Vietnam (CLV) Development Triangle Area, slated for November 23 and 24 in Siem Reap, Cambodia.

PM: Vietnam, New Zealand see great potential for cooperation

 Vietnam and New Zealand boast great potential for collaboration in various fields, especially agriculture, science-technology and education-training, Prime Minister Nguyen Xuan Phuc has said.

Japan wants to boost defence cooperation with Vietnam

 Japan wants to step up multi-dimensional cooperation with Vietnam, including in defence, Japanese Ambassador to Vietnam Umeda Kunio told Deputy Defence Minister Nguyen Chi Vinh in Hanoi on November 22.

PM hails anti-crime cooperation with Mozambique

 Prime Minister Nguyen Xuan Phuc spoke highly the outcomes of anti-crime cooperation between the Vietnamese Ministry of Public Security and the Interior Ministry of Mozambique when receiving Minister Basilio Monteiro in Hanoi on November 22.