vietnam news

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Number of UPCoM’s doubled in 2015, set for more growth in 2016

 VietNamNet Bridge – The number of Vietnamese unlisted public companies (UPCoM) doubled last year, and 2016 regulations should bolster once-sluggish growth even more.

$28 million invested in VN's e-wallet service

M_Service JSC, the operator of mobile e-wallet MoMo, on March 17 announced it has received an investment worth $28 million from Standard Chartered Private Equity and the global investment banking firm Goldman Sachs.

Lan Khue bows out of Miss Grand Slam 2015’s Top 20

 Miss Ao Dai Vietnam Tran Ngoc Lan Khue has bowed out of the Top 20 at Miss Grand Slam 2015, according to GlobalBeauties.com.

Singapore Navy ship Endurance starts visit to Vietnam

 The Republic of Singapore Navy's (RSN) Endurance-class Landing Ship Tank (LST), RSS Endurance, led by Lieutenant Colonel Noel Chen Xin Yi, arrived at Cam Ranh Bay on March 17 to start a five-day port call.

Bloomberg: Vietnam’s stocks to reach highest level since 2008

 VN Index will climb to reach the highest level since 2008 as a rising economy and earnings draw investors, Bloomberg Business news reported on March 15.

Foreign investors praise HCM City Party Chief’s hotline

 VietNamNet Bridge - Foreign investors have shown their interest in the value of the hotline of the HCM City Party Secretary Dinh La Thang and expect that the transparency of the investment environment will improve.

French top legislator’s visit to tighten ties with Vietnam

 The upcoming visit to Vietnam by President of the National Assembly of France Claude Bartolone is expected to further the strategic partnership between the two countries – which was signed in September 2013.

Why China invaded Vietnam’s Gac Ma Reef in 1988

VietNamNet Bridge - 1988 is considered the peak year of Vietnam's difficulties when the economic crisis in the country worsened and Vietnam’s main supporter, the Soviet Union, was in a difficult situation.

Vietnam to produce cancer drugs

VietNamNet Bridge - A new drug for cancer treatment produced by Vietnam at the price which is equivalent to one third of the similar one processed by the US will be available soon. The medicine has been successfully tested on animals in laboratory.

Agriculture Ministry asks for international help to combat drought

Minister of Agriculture and Rural Development Cao Duc Phat said nearly 300,000 households lost their income in recent months or were affected by drought and saltwater intrusion, the worst in the Mekong Delta in the last 100 years.

New bus route from Tan Son Nhat Airport to downtown HCM City launched

 VietNamNet Bridge – HCM City have launched a new bus route (No. 109) from 23/9 Park in District 1 to the Tan Son Nhat International Airport in Tan Binh District.

VN’s Cong Tri launches “Paddy” Haute Couture collection in Tokyo

VietNamNet Bridge - Cong Tri, a well-known fashion designer in Vietnam, launched his haute couture collection called “Paddy” at the Tokyo Fashion Week on March 15.

 

Aeon near to closing the deal to buy Big C Vietnam

 VietNamNet Bridge - Bloomberg has quoted a close source as saying that Aeon - the giant retailer from Japan – is approaching an agreement to acquire the Big C Vietnam chain of France’s Casino Group.

Fans of Korean girl band T-Ara cause traffic jam in Saigon

VietNamNet Bridge – Thousands of vehicles could not move on the roads around Dan Chu roundabout in District 3, HCM City because of the gathering of young fans to see the Korean girl band T-Ara.

More land taken from natural reserves, national parks

VietNamNet Bridge - Road building projects that would pass through natural reserves have been proposed, while many resorts have been built in national parks. 

Will Vietnam replace China to become the world’s industrial center?

Vietnam will become a new industrial center in the world, while its products such as footwear and garments will enjoy big benefits when TPP takes effect.

Life of salt makers through Czech photographer’s lens

 VietNamNet Bridge – Czech photographer Zuzana Rakova has revealed a number of her amazing photos on Hon Khoi salt flats, which were taken during her trip to the central province of Khanh Hoa.

Vietnam spends some $3.4 billion on medication annually

 Vietnam spends about 3.4 billion USD on medication every year, officials of the Ministry of Health said on March 16.

Traditional lacquer craft urged to seek UNESCO heritage status

 Deputy Prime Minister Vu Duc Dam has just instructed that Vietnam will join the compilation of a multinational dossier to seek UNESCO’s recognition of the traditional craft of “son mai” (lacquer) as part of the world’s intangible cultural heritage.

Vietnam, Czech Republic boost tourism cooperation

The national flag carrier Vietnam Airlines plans to launch a direct flight from Hanoi to the Czech capital of Prague and vice versa in 2017 with the aim to boost tourism cooperation between the two countries.