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Vietnam among top five global textile exporters

 Vietnam has made it onto the list of the world’s five biggest textile exporters and producers, with textile and garment export turnover hitting 16 billion USD in the first half of 2018, up more than 14 percent year-on-year. 

Condo prices remain stable in first half of 2018

 Condominium property prices remained fairly stable during the first half of 2018, with under 2 percent in fluctuations.

Vietnam joins FAO’s Agreement on Port State Measures

 The Vietnamese Government has agreed to join the Agreement on Port State Measures (PSMA) of the UN Food and Agriculture Organisation (FAO) to prevent and fight illegal, unreported, and unregulated (IUU) fishing.

Vietnam Airlines allows payment by QR code

 Vietnam Airlines has announced that it will start to allow customers to buy tickets using QR code through the National Payment Corporation of Vietnam (NAPAS) and VNPay.

Vietnam’s economy maintains growth momentum over year’s second quarter

 The Vietnamese economy continued to enjoy growth in the second quarter of 2018, following an impressive growth impetus in the first three months of this year, according to the Department of Planning under the Ministry of Industry and Trade.

Recommendations made for new-generation FDI attraction

 The Ministry of Planning and Investment on July 9 released a report on the recommendations for the strategy and orientation of new-generation free trade agreement (FTA) attraction for 2020-2030.

Thanh Hoa police arrest drug traffickers

 Police in the central province of Thanh Hoa on July 8 arrested two men trafficking 2kg of crystal myth and 4,000 meth pills. 

VN central bank ready to take action to stabilise foreign exchange market

 The State Bank of Vietnam (SBV)’s recent response to the continuous rise of USD prices has demonstrated its readiness to make an intervention in order to stabilise the foreign exchange market.

PM requests close watch on Facebook’s correction of faulty map

PM Nguyen Xuan Phuc has asked the Minister of Information and Communications to keep a close watch on Facebook’s correction of its map on Vietnam’s Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagoes.

Hanoi determined to build smart city by 2030

 Hanoi is determined to build a people-centered and business-oriented smart city by 2030, said Permanent Vice Chairman of the Hanoi City People’s Committee Nguyen Van Suu.

Dung Quat ancient shipwreck excavated

 The excavation of an ancient shipwreck discovered in Binh Son district, in the central coastal province of Quang Ngai, began on July 9.

Hanoi selected to host SEA Games 31

 The Government has agreed with the Ministry of Culture, Sports and Tourism (MCST)’s proposal to organise SEA Games 31 and Para Games 11 in Vietnam in 2021. 

PM hopes for stronger Vietnam-US ties

 Prime Minister Nguyen Xuan Phuc affirmed that Vietnam attaches importance to its relations with the US at a reception for US Secretary of State Mike Pompeo in Hanoi on July 9.  

Investors gear up for children’s product market

VietNamNet Bridge - Retail chains specializing in products for mothers and children now have to compete with private shops and vendors, whose low cost is a great advantage.

Hanoi condo market slows in Q2

 The condominium market for sale showed signs of slowing down in the second quarter of this year.

VND to depreciate by 3% at most in 2018: BVSC

 The Vietnamese dong will not depreciate much against the US dollar in the second half of this year, so the whole year’s slide will be 3 per cent at the most, the Bao Viet Securities Company (BVSC) has forecast.

Non-cash payments need support

 The Government should create an ecosystem and suitable environment for new products and services as well as pioneer their use to promote the development of contactless payment methods. 

Credit institutions’ future bright

A majority of credit institutions in the country expect an upward trend in their business in the remaining months of the year, after making improvements in the first half of 2018, according to a survey by the State Bank of Viet Nam.

Viettel posted profit in 8 out of its 10 overseas markets

Military-run Viettel Group reported profits in eight of its 10 overseas markets including Peru, Cambodia, Laos, Haiti, Burundi, East Timor, Mozambique and Cameroon in the first half of the year.

China ripe market for local tra fish exporters

 Viet Nam now has more opportunities to promote its tra fish exports to China, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).