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FX rate stablised but dollarisation continues

 VietNamNet Bridge – Viet Nam has succeeded in stabilising the foreign exchange rate, but the rate of dollarisation has not decreased as expected, experts said in a meeting on Monday.

Work safety awareness should be increased

An alarming increase in the number of labour related accidents since the beginning of this year has emphasised the importance of improving awareness of the responsibility of employers, employees and the public about labour safety.

Resort sales follow realty resurgence

Supported by stable economic growth and the upturn of the market, Vietnam’s resort and hospitality segment is expected to see a surge in investment capital this year.

Japanese eye up local estate market

  Japanese investors are increasing their presence in Vietnam’s real estate sector by teaming up with domestic partners.

Vietnam needs US$148 billion to develop national electricity until 2030

 Vietnam will need around US$148 billion to invest in developing the national electricity grid and resources (not including electricity projects invested under the BOT model) in the 2016-2030 period. 

Vietnamese still held captive by Somali pirates for four years

 The families of three Vietnamese men are calling for help from the government to save their sons who have been held by Somali pirates for four years.

Son Doong Cave featured in bilingual photo book

VietNamNet Bridge – HCMC - based Phuong Nam Printing Co. Ltd. will release the photo book “Son Doong – A hidden paradise” in both Vietnamese and English. 

Hanoi’s "dancing" market

 VietNamNet Bridge – In the Xanh market in Kim Lien, Dong Da District, Hanoi, female traders dance while selling vegetables and meat.

Bridge collapse disrupts train services to HCMC

 All train services to and from HCMC have been disrupted since the Ghenh Bridge in the southern province of Dong Nai collapsed at noon on March 20 after it was hit by a barge transporting 800 tons of sand.

Businesses willing to stop borrowing in foreign currencies

VietNamNet Bridge - Contrary to predictions, businesses have remain unruffled though they have been told to stop borrowing money in foreign currencies in the second quarter.

20 per cent of population needs financial support

 VietNamNet Bridge – About 20 per cent of the Vietnamese population needs financial support, said Dr Nguyen Ngoc Toan, deputy head of the Social Protection Department

Thua Thien-Hue destined for int’l air balloon festival

The International Hot Air Balloon Festival 2016 will be organized in Thua Thien-Hue in May with the participation of pilots and balloonists from many countries around the world.

Parking ownership in apartments regulated

 VietNamNet Bridge – Apartment owners should soon be entitled to buy or rent parking lots in apartment buildings, according to a circular that will come into effect on April 2.

Vietnam Adventure Race to begin on April 28

 One of the toughest adventure races in the world – Tu Lan Adventure Race 2016 – will get underway on April 28 in Quang Binh Province, according to an announcement by Oxalis, the race organizer.

Four killed, 10 injured in Hanoi blast

 At least four people were killed, including a 32-year-old woman and her eight-year-old daughter, and 10 others injured after an explosion occurred on Saturday afternoon in Ha Dong District’s Van Phu Residential Area in Hanoi.

Vietnam’s exports too reliant on Samsung

VietNamNet Bridge - Vietnam’s economy has been heavily relying on Samsung, whose export turnover accounts for a large proportion of Vietnam’s total export revenue.

Hydropower plants temporarily stop generating electricity because of drought

To ensure the water supply for downstream areas, tens of hydropower plants in the central region and Central Highlands have withdrawn from the power generation market despite the good prices.

12th graders no longer aim to have university education

VietNamNet Bridge - Going to university was the top choice of the majority of students finishing high school. However, the high number of unemployed university graduates has made students and their parents rethink their decision. 

ICAEW: Vietnam to see best growth in ASEAN

  Institute of Chartered Accountants in England and Wales makes prediction for 2016 among ASEAN-6 economies.

Cultural performances in Da Nang to toast Liberation Day

VietNamNet Bridge – An open-air cultural performance will be held to celebrate the 41st anniversary of the city’s Liberation Day on March 29.