vietnam news

Update news vietnam news

Airlines adjust flights as storm Son Tinh approaches

 Several airlines have announced the adjustment of their flights from/to some airports in the central coast as storm Son Tinh, the third entering the East Sea in 2018, is forecast to hit the region late on July 18.

Vietnam makes effort to reduce logistics costs

 Since the start of his term, Prime Minister Nguyen Xuan Phuc has consistently emphasised the goal of perfecting the institutions, of which comprehensive administrative reform is a part. 

Vietnam makes efforts in wildlife protection

Over the last decade, Vietnam has adopted policies and actions to fulfill its commitments to protecting rare and endangered wildlife, which is highly valued by the international community.

Nghe An confronts severe flood and landslides

Heavy rains over the recent days have caused severe floods and landslides in the central province of Nghe An.

Foreign confidence in real estate abounds

 VET sought the opinions of real estate experts about FDI in the sector.

Central Group made poor investment decision in Nguyen Kim

 It seems Thai giant Central Group may have made a big mistake in buying 49 per cent of domestic electronic retailer Nguyen Kim. 

Not disclosing foreign origins comes with huge risks

 By registering its business licence in South Korean despite manufacturing goods in China, Mumuso has entered the Vietnamese market, where Japanese and South Korean goods are popular. 

Can Xiaomi bring long-term benefits to Digiworld?

 Despite last year’s expansion to household goods and functional foods, Digiworld’s current revenues have completely depended on Xiaomi.

Hand-shakes between local and foreign players in pharmaceutical market

 Growing participation of foreign players in Vietnam’s pharmaceutical market is putting pressures on local pharmaceutical firms, however analysts suggest the deals with foreign partners could bring certain benefits to their local partners.  

Tiki launch cross-border channel backed by JD.com

 Despite suffering losses over the past seven years domestic e-commerce platform Tiki continues to carry out its market expansion plan, recently launching its first cross-border channel with significant support from Chinese giant JD.com.

Thai billionaire sets ambitions on Vietnam's real estate sector

 Singaporean Frasers Property Limited of Thai billionaire, the new shareholder of Sabeco, recently announced plans to buy 75 per cent of Phu An Dien Real Estate JSC (PAD) for $35.2 million.

Charges brought over MobiFone's AVG purchase

The Ministry of Public Security’s Investigation Police Agency has launched criminal proceedings relating to the State-owned telecommunications giant MobiFone’s purchase of 95 per cent of AVG.

Old locomotive set for display at Hanoi Museum

 Hanoi’s authorities are seeking the Ministry of Transport’s approval to hand over an old railway locomotive for display at Hanoi Museum.

Tyre burst forces Vinh Airport to close overnight

 Vinh Airport had to close for 11 hours after an Airbus plane suffered a tyre burst while landing on July 16.    

French tourists given votive money in Hanoi cyclo rip-off

 Two French tourists have complained about being given votive money as change by a cyclo driver in Hanoi.

Tourists injured as Quan Lan tuk-tuk flips over

 Nine tourists have been injured when a tuk-tuk flipped over in Quan Lan Island, Quang Ninh Province.

One killed as Ha Tinh ravaged by floods

 One person has been killed in floods which are ravaging Ha Tinh Province while a tropical storm approaches.

Bright future for cloud computing

 The cloud computing market in Viet Nam will see a boom in the next two or three years and become an important factor for the development of the Fourth Industrial Revolution in the country.

Blockchain technology - a potential “diamond mine” for VN

 According to analysts, the global blockchain technology market is expected to increase 70 times in 2024 compared to 2015 with a value of US$20 billion.

Vietnamese dong should be devaluated at moderate rate, says VEPR

 The Viet Nam Institute for Economic and Policy Research has suggested devaluing the Vietnamese dong against the US dollar but at a slower rate than the depreciation of China’s yuan against the greenback.