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Vietnam launches over 1 million carbon credits to international market

Vietnam has launched more than 1 million voluntary carbon credits from household biogas plants to the international market as part of the Biogas Programme for the Animal Husbandry Sector in 2016-2020. 

UNDP Administrator Achim Steiner visits Vietnam

 Achim Steiner, Administrator of UNDP and Vice Chair of the UN Sustainable Development Group, began a two-day visit to Vietnam on June 26.

Court hearing opens on $2.2mil. Eximbank appropriation case

 The first instance court hearing of Nguyen Thi Lam, former officer of Eximbank’s branch in Nghe An province who appropriated VND50 billion ($2.2 million) from customers, and 15 other defendants starts today after two postponements.

Mobile number portability opens doors to ‘sniping’ mobile subscribers

Mobile number portability (MNP) will create a new battlefield for domestic mobile operators from as early as 2019, putting even more emphasis on service quality and network stability. 

FDI into Vietnam approximates $10 billion in five months

 Total foreign direct investment capital poured into new and exsting projects and used to contribute capital and buy shares in domestic companies reached $9.9 billion in Jan-May, down 18.3 per cent year on year.

Tran Anh flounders after Mobile World merger

 Balance of supplies may be a problem for Mobile World after seizing Tran Anh Digital World JSC (code: TAG), causing losses to the latter and killing interest in its stocks.

Vinh Phuc resolute on refusing TAL Group's $350 million project

The Vinh Phuc People’s Committee submitted the fourth document asking the prime minister to refuse Hong Kong-backed TAL Group’s $350 million textile and garment dyeing project.   

Opposition to land for investment swops

 Hanoi Department of Planning and Investment has explained a decision to give investors 700 hectares of land in different locations in Hanoi in exchange for the construction of five roads with a build-transfer contract.

Northern Vietnam's flood death toll rises to 17

 At least 17 people have been killed, seven others injured and 11 remained missing in flash floods and landslides triggered by heavy rains between June 23 and 25 in some northern mountainous provinces.

Maestoso to hold free concert at St Joseph Cathedral

 Music group Maestoso will organize Cathedral Concert Series No.1 at St Joseph Cathedral in Hanoi on June 29, starting at 8 p.m., offering free concerts to the public and bringing a new and unique experience to Vietnamese musicians and audiences.

Iron, steel exports face most trade-defense lawsuits

 Vietnamese exports have been subject to an increasing number of protectionist measures overseas, and most of the trade-defense lawsuits have been filed against Vietnamese iron and steel exports, officials said.

Former forest protection department treasurer detained for embezzlement

The central Phu Yen Province police have launched legal proceedings against a former treasurer of Phu Yen Forest Protection Department for alleged embezzlement.

Thanh Hoa police bust online betting ring

 VietNamNet Bridge – Police in central Thanh Hoa Province busted an online football gambling ring worth nearly VND100 billion (US$4.3 million), arresting 11 people.

Breakthrough created in implementing National Single Window

 VietNamNet Bridge – Dinh Tien Dung, Minister of Finance, talks to the Hai Quan (Customs) newspaper about his ministry’s efforts to facilitate conditions for the nation to integrate internationally.

Vietnam exports first batch of fresh pork to foreign market

 Mavin Group has become the first business in Vietnam to officially export fresh pork to a foreign market when the first batch was shipped to Myanmar, a success of not only the company but also the country’s animal farming sector.

Northern Vietnam bracing for flood consequences

Heavy downpours and flooding over recent days have caused serious human and property damage in the mountainous provinces in the north, where Ha Giang and Lai Chau are suffering the most.

Data costs in Vietnam need further cuts to increase usage

 Statistics show that Vietnamese consumers use only about 1.9GB of cellular data on average each month, much lower than the regional countries of Laos, Cambodia, Thailand and Singapore where the amounts come in between 4.7GB and 8.5GB.

M&A market in HCM City hits US$2.5 billion in Jan-May

Capital contribution and share purchases by foreign investors via mergers and acquisitions in HCMC amounted to some US$2.5 billion during the year up to late May.

Transparency helps Vietnam banks draw foreign investors

Healthy domestic banks should focus on improving the transparency in their audited financial statements to attract foreign investors as some banks have recently succeeded with the strategy, experts suggested.

UPCoM capitalisation reaches three folds at HNX

 The capitalisation of the Unlisted Public Company Market (UPCoM) has rocketed over 100 times to reach VND656.4 trillion (US$28.8 billion) after nine years of operation.