viet nam

Update news viet nam

Vietnam ready to assume ASEAN chairmanship for 2020: diplomat

Vietnam is ready to take over the ASEAN Chairmanship for 2020 with the highest sense of responsibility, said Deputy Foreign Minister Nguyen Quoc Dung, reiterating Prime Minister Nguyen Xuan Phuc’s statement.

Vietnam’s banking sector becomes more attractive to investors

Growing attractiveness of Vietnamese banks' shares is thanks to a positive revamp and strong outlook of the sector, particularly as Vietnam is accelerating global economic integration.

Vietnamese banks come closer to big deals

Experts said that a series of favorable conditions are encouraging local banks’ plans to sell shares to foreign investors for capital hike in a move to meet the Vietnamese central bank’s Basel II regulation.

Rise of ride-hailing firms against traditional taxis is inevitable in Vietnam: PM

Such trend would help better meet transportation needs at more affordable prices, ensuring convenience, safety and improving service quality of both taxis and electronic-contract based vehicles, stated Prime Minister Nguyen Xuan Phuc.

Wood Mackenzie: Vietnam becomes Southeast Asia’s hottest solar PV market

Vietnam is now the leader in Southeast Asia’s solar photovoltaic (PV) market with the largest installed capacity in the region, Wood Mackenzie said in its statement.

 

Heineken no longer major shareholder of Vietnam’s brewer Sabeco

Heineken was a direct competitor of Thaibev for the acquisition of Sabeco in late 2017. However, Thaibev won the race by spending US$4.89 billion for a nearly 54% stake of Sabeco.

Tourism to boost hotel real estate segment in Vietnam

Viet Nam's growing tourism industry and thriving economy have drawn interest in the country's hotel and resort market from investors across the region, making Viet Nam one of the most talked about markets in Asia Pacific.

 

Defence Minister attends ADMM Retreat, ADMM Plus in Bangkok

Defence Minister General Ngo Xuan Lich on November 16 join the ASEAN Defence Ministers’ Meeting (ADMM) Retreat and the sixth ADMM Plus that are taking place in Bangkok, Thailand from November 16-19.

VN food processing industry offers excellent investment opportunity

Vietnam will continue to solicit investment in food processing to add value to the industry, a conference heard in HCM City on November 14.

Football fans hit Hanoi streets after victory over UAE

Thousands of people have rushed into Hanoi’s streets in celebration of the national team’s triumph over UAE.

Open-end funds expect stronger performances in 2020

The strong increase of the number of fund accounts prove investors are becoming more interested in open-end funds’ products and services.

Vietnam concerned over potential electricity shortages

Minister of Industry and Trade Tran Tuan Anh sounded the alarm about the high risk of power shortages at a meeting earlier this week.

 

Endangered 500 snakebirds discovered in Dong Nai

A flock of 500 darters, a species at risk of extinction, have been found at a tourist site in Buu Long ward, Bien Hoa city, the southern province of Dong Nai.

First Vietnamese awarded honorary citizen of Seoul

A Vietnamese woman was among 18 foreigners named honorary citizens of Seoul this year for their contributions in bridging the gap between the capital city of the Republic of Korea and their home countries.

Temporary suspension of import and re-export of plywood to US

The Ministry of Industry and Trade (MoIT) has decided to suspend the import of plywood products to Vietnam for re-export to the US to prevent commercial fraud on goods' origin and illegal transshipment.

Vietnamese goods fair in Melbourne to be held this month

A Vietnamese goods fair will be held by the HCM City People’s Committee in Melbourne, Australia from November 26 – 28, featuring 34 exhibitors from both countries.

Christian Fellowship Church of Vietnam opens sixth congress

The Christian Fellowship Church of Vietnam (CFCV) convened its sixth congress in Hoc Mon district, Ho Chi Minh City on November 13 with the participation of more than 700 delegates from more than 40 localities across the nation.

ASEAN, partners holds joint anti-terrorism drill

A joint anti-terrorism actual-troop drill of member countries of ASEAN Defence Ministers' Meeting Plus (ADMM+) kicked off in Guilin, southern China's Guangxi Zhuang Autonomous Region on November 13.

Vietnam rejects China’s statement on sovereignty over Truong Sa

Vietnam rejects all the contents regarding Vietnam of the Chinese Foreign Ministry spokesperson’s statement on sovereignty over Truong Sa (Spratly) archipelago on November 8.

Vietnam holds 20% of Southeast Asia’s oil exploration and production market

Vietnam is forecast to add two more jack-up rigs, as demand for oil exploration and production continues to rise.