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Foreign currency reserves at record high

 Vietnam’s foreign reserves have grown by more than 21 per cent since last October and by $1.5 billion during the first ten days of 2018 to reach their highest-ever level, State Bank of Vietnam (SBV) Governor Le Minh Hung said.

GrabBike drivers go on strike for second time

 GrabBike drivers in Ho Chi Minh City went on strike for the second time to protest the company's new hike in its revenue share to 23.6 per cent from the previous 20.

Government Inspectorate detected series of violations in ACV

 The Government Inspectorate has just announced finding several violations related to asset and capital usage and management, equitisation, and divestment at Airports Corporation of Vietnam (ACV).

Laos: Scaffold collapse kills two Vietnamese workers

 Two Vietnamese workers were killed after a scaffolding structure at a hydroelectric power plant in Laos collapsed, said local authorities.

Bad debt ratio at 2.3% by end 2017

 Non-performing loans (NPLs) of credit institutions were controlled effectively in 2017, helping the NPL ratio of the entire banking system reduce to 2.3 per cent from 2.46 per cent in late 2016.

Vietnam develops air routes to key markets

 The Prime Minister has approved a plan for the development of direct air routes between Vietnam and key markets to boost Vietnam’s global integration. 

Customers fork out for pricey Nhat Tan peach blossoms

In recent days at Nhat Tan village, Hanoi expensive peach blossoms have been selling quickly despite their high prices.

MWG and TAG opened doors for further M&A

Acquiring Tran Anh is expected create additional diversity in the operations of Mobile World Group, while the M&A deal between the two largest local electronic retailers also opens expectations for further M&A deals among competitors in the sector.

Mobile pay: the great potential, and pitfalls

 Mobile payments – and QR code payments in particular – are beginning to take hold in Vietnam, but a lack of common payment standards poses many challenges for mobile payment providers.

FDI in 2017: Japan exceeds South Korea, China emerges

VietNamNet Bridge - Investments from Japan, South Korea and China were the most significant players in FDI (foreign direct investment) in 2017.

New emission standard fuels rough changeover

As the country shifts to a Euro 4 emission standard for diesel-fuelled vehicles, industry observers warn that the three fuel types on offer could spell problems for these more advanced engines, and opportunities for tricksters. 

Domestic lenders reclaim financial trust

 Vietnam’s bank stocks are making their way back onto investors’ radar, as the sector recovers from lingering bad debt issues and strives towards Basel II standards.

Lack of care leads to elephant rampages

For centuries, residents in Phuc Son Commune, central province of Nghe An have lived comfortably with wild elephants, but as bamboo forests - the main diet of many elephants - are replaced with industrial trees, 

Man attempts to kill children with pesticide

 A man in the southern province of Hau Giang has attempted to kill his three children and then committed suicide using pesticide after arguments with his wife.

Vietnam business eyes the world

 Deputy Prime Minister Vuong Dinh Hue said that international economic integration would be the focus of economic restructuring in 2018, requiring breakthroughs in negotiation, signing of free trade deals and improving the legal framework.

Vietnamese tennis players shine at Asian U14 tournament

 VietNamNet Bridge – Vo Quoc Uy of Vietnam had an easy win at the International Tennis Federation Asia U14 and U Development Championships, Division 2, in HCM City yesterday.

Vietnam’s diplomacy continues focusing on peace, stability, cooperation

 The mission of Vietnamese diplomacy in 2018 is to continue maintaining an environment of peace, stability and cooperation to ensure Vietnam’s security and development goals.

Police uncover bullet warheads in Hung Yen

 VietNamNet Bridge – Local police on Tuesday found a large amount of bullet warheads stored in a household garden in Dan Tien Commune in the northern province of Hung Yen’s Khoai Chau District.

VN players ousted from Thailand badminton event

 Vietnamese players were ousted from the Princess Sirivannavari Thailand Masters badminton tournament held in Bangkok, Thailand yesterday.

Vietnam lose to South Korea at AFC event

 Viet Nam lost to arch rivals South Korea 1-2 in the first match of Group D at the finals of the Asian Football Confederation (AFC) U23 Championship held in China yesterday.