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Events in Hanoi & HCMC on October 29-November 4

 Events in Hanoi & HCMC on October 29-November 4 

FDI in Vietnam hits nearly US$28 billion in ten months

 Foreign investors pledged to pour US$27.9 billion into Vietnam in the first ten months of 2018, down 1.2% compared with the same period of last year, according to the Foreign Investment Agency.

Environment company caught polluting Hanoi lake

 Hanoi Urban Environment Company in Xuan Son Commune (Urenco 6) has been caught discharging untreated waste water into the environment in Ba Vi District, Hanoi.

Drunk driving is not a mistake, it’s a crime

 VietNamNet Bridge – There is no doubt that drunk driving is a killer disease. Drunk drivers kill themselves and kill others.

Grab writes to PM over new transport decree

Grab have petitioned Prime Minister Nguyen Xuan Phuc to oppose the Ministry of Transport’s proposal to amend the operation of app-based taxi services. 

Hanoi urged to set up non-smoking areas around Hoan Kiem Lake

 Hanoi has been urged to set up non-smoking areas around its iconic tourist attractions, such as Hoan Kiem Lake and the Temple of Literature.

Hoi An set to become a bicycle city

 VietNamNet Bridge – The ancient city has developed a master plan to boost the mass use of bicycles among community members and tourists, as part of efforts to make Hoi An a capital of eco-friendly tourism in Vietnam.

Ministry of Information and Communications moves closer to establishing ICT Industry Department

 The Prime Minister recently gave approval in principle for the Ministry of Information and Communications (MIC) to set up an ICT Industry Department to promote the production of made-in-Viet Nam terminal equipment and boost the electronics industry.

Firms urged to embrace mobile marketing

More than 400 executives representing local and foreign businesses, brands, agencies, publishers, and technology companies took part in the 2018 Mobile Marketing Association Forum held in HCM City.

Industrial real estate developers see great opportunities in Vietnam

VietNamNet Bridge - The movement of foreign investors relocating their production bases to Vietnam will be a driving force for the development of the industrial real estate sector.

Telecom department announces Viettel mobile internet fastest in Viet Nam

 Viettel is the 3G data leader in terms of all technical standards, according to the latest report from the Ministry of Information and Telecommunications’ telecom department.

Local shares unlikely to rebound this week

 The VN-Index has little chance of recovery this week as short- and medium-term indicators are poor, with low liquidity and strong market fluctuations, triggered by investors’ cautiousness about macroeconomic instability.

VNPT and Mobifone complete dossiers to be transferred to CMSC

 The Viet Nam Posts and Telecommunications Group (VNPT) and the Viet Nam Mobile Telecom Services Corporation (Mobifone) have prepared full dossiers to be transferred to the Committee for State Capital Management (CMSC) this year.

State’s divestment plan set for failure

 As the stock market is experiencing strong volatility and shows little signs of strong recovery, the State may struggle to sell its stake in State-owned enterprises (SOEs) on schedule.

Banks jump into the e-wallet business

 More and more banks are entering the e-wallet business as they see huge growth potential in the wake of the Government’s plan to reduce cash payments to below 10 per cent of all transactions by 2020.

VN completes modernisation of banking sector

 The State Bank of Viet Nam (SBV) on Thursday held a conference to close the Financial Sector Modernisation and Information Management System Project (FSMIMS).

Hefty fine raises currency issue

 Though regulations against exchanging foreign currency at unlicensed outlets have existed since 2014, many people are not aware of the rules.

Vietnamese banks have eye on foreign markets

 Several Vietnamese banks were gearing up expansions to foreign markets to tap increasing overseas investment by Vietnamese businesses.

Banks race to fund green energy projects

 Commercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook.

For VN firms, ready or not, here the CPTPP comes

 Most Vietnamese enterprises are unprepared to take advantage of the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP), a senior trade official has said.