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Tet bonus in Ho Chi Minh City rises 25 percent

 The average bonus for the upcoming Tet (Lunar New Year) in Ho Chi Minh City has been reported at more than 10.3 million VND (444.47 USD), a 25 percent rise compared to last year.

Binh Thuan provided with US$7.74mil. to build sea dyke

 Prime Minister Nguyen Xuan Phuc has decided to spend 180 billion VND (7.74 million USD) of the State budget’s 2018 reserves on sea dyke construction to prevent coastal erosion in Binh Thuan.

VinaCapital signs deal with Korean firm

 VinaCapital Asset Management JSC has inked a memorandum of understanding (MoU) with the Republic of Korea’s Kiwoom Asset Management to offer selected products to Korean investors.

Vietnam expands international cooperation in maritime issues

 The promulgation of Resolution 36-NQ/TW on the marine economic development strategy illustrates Vietnam’s broad strategic vision of turning the country into a strong maritime nation.

New supply coming for Hanoi's and HCMC's retail real estate

2019 is expected to witness a sizeable amount of new supply coming on stream in retail real estate in HCMC, approximately 394,000 sq m gross floor area from 12 projects located in non-CBD areas.

Vietnam targets 6.5 million tonnes of rice exports this year

 The Ministry of Agriculture and Rural Development (MARD) has set a goal to export around 6.5 million tonnes of rice worth a total USD3 billion this year.

Bear cubs transferred to sanctuary

 VietNamNet Bridge – Two Asiatic bear cubs rescued by Hai Phong City Police were transferred to a bear sanctuary in Ninh Binh Province on Thursday,

US group transfers pharmaceutical production technology to Vietnam

US-based Pfizer Group has signed an agreement on the transfer of pharmaceutical production technology to Vietnamese enterprises, so the first products are scheduled to be produced in 2020.

Two illegally-traded Tibetan bears in Hai Phong rescued

 Two Tibetan bears which were illegally transported in the northern city of Haiphong have been rescued and then handed over to Cuc Phuong National Park.

Vietnamese entrant at Miss Intercontinental criticised

 Miss Ocean Vietnam 2017 Le Au Ngan Anh has just sent her first images from the Miss Intercontinental 2018 pageant despite failing to receive an official endorsement to participate in the competition.

Over 20 people die of traffic accidents per day in Vietnam

 As many as 18,736 traffic accidents occurred in Vietnam in 2018, leaving 8,248 dead and 14,802 injured.

TMV marks 11% increase in 2018 car sales

 Toyota Motor Vietnam (TMV) achieved a record sales volume of nearly 66,000 units, excluding imported Lexus cars, in 2018, marking a year-on-year increase of 11 per cent.

Vietnam’s fitness platform WeFit raises $1m in funding

 Vietnam’s fitness platform WeFit.vn has successfully raised US$1 million in a pre-Series A funding round from Japan’s CyberAgent Capital, the Republic of Korea’s KBInvest and undisclosed angel investors.

Three VN companies among ten most visited e-commerce sites in ASEAN

 Vietnamese e-commerce platforms Tiki, Thegioididong and Sendo were named among ten most visited sites in Southeast Asia by price comparison website iPrice Group.

Organised crime ring busted in HCM City

Thirteen members of an organised crime group in HCM City involved in illegal gambling and high-interest lending were apprehended on Tuesday, 

Viettel brand valued at over US$3 billion

 Viettel again took first position in the list of the top 50 most valuable brands in Viet Nam in 2018 with a value of more than US$3.1 billion, increasing 24 per cent from the previous year.

Yeah1 Group acquires US-based ScaleLab

 Media firm Yeah1 Group announced in HCM City on Thursday that it has bought out ScaleLab, a well-known YouTube multi-channel network which represents some of the biggest social media influencers in the world.

Vietnamese banks post high profits in 2018

 Despite the central bank’s tightened monetary policy, many banks reported good business performance last year thanks to improved bad debt resolution and rising income from services.

Hanoi eyes cutting logistics costs

 Ha Noi has devised a plan to cut logistics costs and improve transport connectivity in the capital city to support investors and businesses.

Vietnam exports US$3.5 billion worth of coffee in 2018

 Vietnam exported more than 1.8 million tonnes of coffee worth US$3.54 billion in 2018, marking year-on-year rises of 20 per cent and 1.2 per cent respectively.