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Consumer Confidence Index hits record in Q1

Vietnam's index highest in Asia-Pacific, with country being third-most confident globally.

Red tape results in low ODA disbursement in Vietnam: ADB

Vietnam’s average disbursement rate is much lower than that of other recipients of the Asian Development Bank’s ODA loans, largely due to cumbersome and time-consuming procedures, said Eric Sidgwick, ADB country director for Vietnam.

 

Farms under threat as ASF fails to ease

The continuing threat of African swine fever is showing no signs of retreating, pushing livestock farming and animal feed production companies into huge difficulties and even danger of ­bankruptcy.

Local technology group sells 25 million shares to Samsung SDS

The board of directors of CMC Corporation has approved the issuance of 25 million shares through a private placement for Samsung SDS, the system integration arm of South Korea’s electronics conglomerate Samsung.

 

Saigon Co.op takes over 18 Auchan supermarkets

Saigon Co.op has officially taken over 18 Auchan supermarkets in the country after the French retail group announced its withdrawal last month from the Vietnamese market by selling its loss-making business.

Five State officials in southern Vietnam detained for land mismanagement

Five current and former officials from the Office of Natural Resources and Environment of Tra Vinh City were arrested on charges of breaching regulations on land management and usage which caused losses totaling US$5.1 million.

 

Requiring data to stay on retail track

The retail industry for fast-moving consumer goods has transformed significantly over the past few years.

Measures necessary after SOE audits

Experts are once again warning that if the monopoly of the economy via poorly-performing and loss-making enterprises owned by the state continues, the country’s competitiveness and investment climate will continue being affected as a result. 

Vietnam's central region faces serious drought

The prolonged heat wave and severe drought in Quang Tri and other central provinces has badly affected local people.

 

Son La: Family suffers tragic fate after eating mushrooms

A man died while his wife and daughter-in-law are in critical condition after eating white mushrooms in the northern province of Son La.

 

Hanoi: Man fined for masturbation on Hanoi bus

A man was fined after being caught masturbating on a bus in Hanoi.

 

Vietnamese start-ups go global

Nguyen Huu Tuat launched a Vietnamese ride-hailing firm a year ago, with dreams of scaling up the business overseas.

Drink drivers could have their licences revoked permanently

People who are found to be drunk while driving would have their driving licence revoked permanently under a new proposal by the Ministry of Public Security, said Lieutenant General Lương Tam Quang, Chief of Office and the ministry's spokesman.

Vietnam's steel industry to face challenges in second half of 2019

Vietnam's steel industry, vietnam economy, Vietnam business news, business news, vietnamnet bridge, english news

Vietnam suffers extreme heat

Extreme hot spell is set to continue in the northern and central regions of the country, according to the National Centre for Hydro-Meteorological Forecast.

Government Inspectorate report critical of HCM City handling of Thu Thiem

The Government Inspectorate has delivered its report on the controversial implementation of the master plan and land and construction management at the Thu Thiem New Urban Area in HCM City’s District 2.

FLC Vietnam Masters to tee off in Quang Ninh

The FLC Viet Nam Masters golf tournament is scheduled to tee off at FLC Ha Long Golf Club in the northern province of Quang Ninh on July 29.

Vietnamese banks to seek capital in global markets

Vietnamese banks are seeking to raise capital in international bond markets as they face growing pressure to hike capital to satisfy the central bank's regulations on minimum capital requirements and Basel II standards by early next year.

 

Alliex Holdings to pour $721m into Vietnam’s POS infrastructure

South Korea’s Alliex Holdings plans to invest US$721 million in point-of-sale (POS) infrastructure in Viet Nam in the next five years.

 

Retailers take Asanzo’s products off shelves

Retailers have taken Asanzo-branded items off their shelves after Asanzo Viet Nam Electronics JSC was accused of selling products imported from China as 'Made in Vietnam' goods.