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Vietnamese retailers fear Thai competition

The retail sector in Vietnam has been garnering a lot of interest from foreign storekeepers over recent years - many of whom report better opportunities in Vietnam than in their own country.

Construction quality: $200,000 rural bridge collapses several months after completion

 VietNamNet Bridge - O Ro Bridge, built by State capital in Dat Mui commune, Ngoc Hien district of the southern province of Ca Mau collapsed on August 5, only half a year after inauguration.

Hanoi policemen practice midwifery skills on the street

The Hanoi traffic police department has organized a training course for traffic police officers on giving first aid to victims of traffic accidents and performing deliveries of babies on the road before sending the people to hospital.

Vietnam’s largest beer producer Sabeco has new CEO

VietNamNet Bridge – The Ministry of Industry and Trade approved the appointment of Mr. Le Hong Xanh, 59, as chief executive officer (CEO) of the Saigon Beverage Corporation (Sabeco) as of August 4.

Standing Deputy Head of Party’s economic commission named

Cao Duc Phat, the former Minister of Agriculture and Rural Development, has been appointed the Standing Deputy Head of the Party Central Committee’s Commission for Economic Affairs.

Vietnam teen band wins gold prize at Asia Arts Festival

Vietnam’s teen band Soul Club founded by music composer Thanh Bui has won gold prize at the 4th Asia Arts Festival in Singapore.

Canadian Ambassador recieves friendship insignia

 On August 10, Canadian Ambassador to Vietnam David Devine was honoured with the insignia “For Peace and Friendship among Nations” in recognition of his contributions to promoting relations between the two nations.

Korean-VN $32 million sausage deal delayed

Daesang Corp, a South Korean food-making conglomerate, has yet to complete its purchase of an almost full stake in Vietnamese sausage producer Duc Viet Food Joint Stock Company, which was rumored to be finished by August 5.


PetroVietnam revenue hits VND253 trillion in seven months

  The Viet Nam National Oil and Gas Group (PVN) earned VND253 trillion (US$11.3 billion) in revenue and paid VND50.7 trillion to the state budget in the first seven months of this year.


Finance Ministry proposes clearing, freezing tax debts

 The Ministry of Finance (MoF) has proposed clearing and freezing tax debts of enterprises totalling VND14.7 trillion (approximately US$655 million) as one of the measures to tackle the difficulties they are facing.


U19s Vietnam to compete in Cup in Myanmar

 Vietnam will meet Thailand at the U19 Invitational Cup football tournament later this month.

Da Nang to host kite contest on beach

 Nearly 100 competitors will take part in the kite festival Da Nang Colours on My Khe Beach in Son Tra District on August 27-28.

Quang Ngai: Locals gather to stop sand exploitation

 Hundreds of people in Tinh An Commune in central Quang Ngai City have gathered near the Tra Khuc River to stop trucks from removing sand from the river, the online Da Tri reported.

Hanoians to see Perseid meteor shower early Friday morning

Residents of Hanoi will be able to watch the Perseid meteor shower from 1 to 2am on Friday, with the number of meteor sightings expected to double, compared to last year.

Prisoner under death penalty cleared of charges after 46 years

VietNamNet Bridge – On August 9 the Supreme People's Court formally concluded that Mr. Tran Van Them, 81, was wrongfully convicted of murder and given a death sentence46 years ago.

Rio 2016: Vietnamese to row in semifinal round

 Vietnamese rowers Ho Thi Ly and Ta Thanh Huyen will compete in the semifinals C/D of the lightweight women’s double sculls in the Rio Olympics.

Vietnamese M&A activities heating up

 Mergers and acquisitions (M&As) have become popular in the Vietnamese market due to the country’s deeper integration into the global economy in recent years.

E-commerce development master plan approved

 The Prime Minister has given the green light to a master plan to develop e-commerce over the period 2016-2020, which will strive to build a network providing e-commerce services in all cities and provinces nationwide in the next four years.

Vietnamese, Malaysian navies bolster ties

Vietnam and Malaysia have agreed to bolster naval cooperation through increasing consultations and boosting affiliations in sea patrols, delegation exchanges and personnel training.

Japanese group wants to invest in Vietnam

Japan’s Marubeni Corporation is seeking investment opportunities in coal exports, gas production, renewable energy usage and waste water treatment in Vietnam.