Foreign investors pump 6 billion USD into HCM City via M&A

As a popular investment channel for foreign investors in recent times, mergers and acquisitions (M&A) secured Ho Chi Minh City 6 billion USD in foreign direct investment (FDI) projects in 2018.

HCM City needs 10,000 classrooms for 2019-20 academic year

Ho Chi Minh City will need nearly 10,000 classrooms for 1.7 million students in the 2019-2020 academic year, according to the city's Department of Education and Training.

Vietnam's Gov't not intervene in domestic carbon steel prices: Canadian agency

There is not enough ground to say that the Government of Vietnam intervenes in the domestic prices of the carbon steel welded pipe industry, according to the final determination by the Canada Border Services Agency (CBSA).

First Vietnamese lender named in top 300 valuable banking brands

The Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has become the first Vietnamese lender to be named on the list of the top 300 most valuable banking brands, as recently announced by the Brand Finance.

VPBank named in Top 500 valuable bank brands for first time

The Vietnam Prosperity Commercial Joint Stock Bank (VPBank) has been the only Vietnamese private bank to be named in the 2019 list of the world's top 500 valuable bank brands recently announced by the Brand Finance.

Businesses advised to take better advantage of FTA benefits

Vietnam's joining of free trade agreements (FTAs) is quite suitable in the context of trade globalization. However, to promote the efficiency of boosting exports, a concerted policy system is needed to help businesses successfully take advantage of benefits brought by the FTAs, according to insiders.

Golden Top Group visited and presented 150 gifts to low-income households living in Thanh Loc Ward

Golden Top Group have devoted considerable time and ambitious efforts passing on the faith that is 'one good turn deserves another'.

Party, State leader extends greetings on Year of Pig

Party General Secretary and President Nguyen Phu Trong extended Tet (Lunar New Year) greetings to leaders of the Party, State, Vietnam Fatherland Committee as well as the whole Vietnamese people in and outside the country at a get-together in Hanoi on February 1.

Disadvantaged people supported to enjoy Tet holiday

Ministries and localities nationwide have been implementing various programmes to help people from disadvantaged backgrounds enjoy the Lunar New Year, the biggest and most important holiday in Vietnam.

Proposal to waive toll road fees during Tet rejected

Holiday spirit seems to be in short supply at the Ministry of Transport (MoT), as the body has rejected a proposal to waive road tolls for the first three days of the Tet (Lunar New Year) holidays.

Steel producers urged to enhance product quality to compete

Enhancing product quality and optimising production costs would help domestic steel producers compete with cheap products imported from China, said Nguyen Van Sua, Vice President of the Vietnam Steel Association.

Ho Chi Minh City aims to finish metro in 2020

The Ho Chi Minh City Urban Railway Management Board (MAUR) will work with contractors, consulting firms and others to speed up the city's first metro route between Ben Thanh and Suoi Tien, a recent meeting heard.

Phu Tho should focus on industrial development: Deputy PM

The northern midland province of Phu Tho should use industrial development to drive its growth, Deputy Prime Minister Trinh Dinh Dung has said.

HCM City uses hi-technologies in water supply system

The southern largest economic hub of Ho Chi Minh City has upgraded its water supply network using advanced technologies in operation, exploitation and supply of clean water.

HCM City airport prepares for peak season during Tet holiday

Tan Son Nhat International Airport in Ho Chi Minh City has added flights and check-in counters to serve the increasing number of passengers during the peak Tet holiday season (Lunar New Year).

Hung Yen to mobilise 5.6 trillion VND for new rural area building

The Red River Delta province of Hung Yen plans to inject 5.6 trillion VND (240.8 million USD) into the new-style rural area building, aiming to have all of its communes win the status in 2019.

Thai air-con, electronics exhibitions introduced in HCM City

Thailand's Department of International Trade Promotion (DITP) and Federation of Thai Industries introduced in Ho Chi Minh City on January 18 a series of exhibitions on air-con and electronics to be held in this year.

Ministry of Construction meets media on occasion of New Year

In the atmosphere of the whole country is preparing to welcome a new year 2019, the Ministry of Construction had a press conference to meet reporters of central and Hanoi media agencies. Deputy Minister of Construction Le Quang Hung chaired a press conference.

Vietnam learns from Germany's experience in budget, tax management

A delegation of the Vietnamese National Assembly's Finance-Budget Committee led by Chairman Nguyen Duc Hai has paid a visit to Germany to learn from the country's experience in State budget and tax management.

Leader calls on whole society to support disadvantaged

Party General Secretary and President Nguyen Phu Trong called on agencies, organisations, businesses and people from all social strata to join hands in supporting disadvantaged people, while addressing an event in Hanoi on January 13.

No Vietnamese hurt in Paris gas-leak explosion

The French Ministry of Foreign Affairs said there are no Vietnamese citizens recorded among victims of the January 12 gas-leak blast in Paris.

Quang Nam province attracts 5.8 billion USD in FDI

The central province of Quang Nam licensed 26 new foreign direct investment (FDI) projects with total capital of nearly 300 million USD in 2018, bringing the total number of FDI projects in the province to 169, worth 5.8 billion USD.

Pre-feasibility study for Hoa Binh-Moc Chau expressway requested

Deputy Prime Minister Trinh Dinh Dung has requested the northern province of Son La's People's Committee submit a pre-feasibility study for the Hoa Binh-Moc Chau Expressway project to the Prime Minister for approval.

Vinh Phuc spends 4 trillion VND on building new-style rural areas

The northern province of Vinh Phuc is planning to spend more than 4 trillion VND (172.5 million USD) on the national target programme on building new-style rural areas in the 2017-2020 period.

Government intensifies support for non-cash payment methods

The Government has issued measures to boost non-cash payment methods in the country this year.

Van Don EZ needs 70.2 billion USD investment by 2050

The Van Don Economic Zone (EZ) in northeastern Quang Ninh province needs 70.2 billion USD by 2050 for its investment demands, according to the provincial People's Committee.

Deputy PM orders breakthroughs in social housing development

Deputy Prime Minister Trinh Dinh Dung has ordered the construction sector to make significant breakthroughs in the development of the affordable housing segment as its supply is increasingly scarce, while the demand for such housing is on the rise.

Ba Ria-Vung Tau targets 9.11 percent growth in industrial production

The southern province of Ba Ria-Vung Tau will strive for a growth of 9.11 percent in industrial production in 2019, according to the provincial People's Committee.

Quang Ninh province's staples to be introduced in Hanoi

A wide range of staples in the northern province of Quang Ninh will be nudged closer to consumers in Hanoi at the 'One Community One Product' (OCOP) fair which is scheduled at Big C Thang Long Super Market from January 11-15, just before Tet, the traditional New Year of Vietnam.

Vietnam Airlines, Jetstar Pacific add 120,000 seats for New Year holiday

National flag carrier Vietnam Airlines and budget carrier Jetstar Pacific have announced that between now and January 2, 2019, they will add nearly 120,000 seats on domestic flights serving increasing demand during the Calendar New Year holiday.

Manufacturing sector draws most interest from foreign investors

The manufacturing and processing sector garnered the most interest from foreign investors in 2018, attracting 16.58 billion USD, or 47 percent of the registered capital.

Industrial real estate expected to boom in 2019

Foreign investment has continued to be poured into Vietnam recently, creating a driving force for industrial property development in 2019, said insiders.

Work starts to connect solarpower plants to national grid

A project to build power transmission lines and a 220kV power transformer for connecting local solar energy projects to the national grid started in Loc Ninh border district of the southern province of Binh Phuoc on December 25.

Vietnam witnesses over 4,350 successful M&A deals in 10 years

More than 4,350 merge and acquisition (M&A) deals totaling 48.8 billion USD have been executed in Vietnam during the past decade (2009-2018).

The World Bank (WB) said on December 21 that it has revised down its growth projections for the Philippines to 6.4 percent in 2018 and 6.5 percent in 2019 as persistently high inflation affects consumer spending.

Hanoi leaders convey Christmas greetings to local Catholics

Politburo member and Secretary of Hanoi's Party Committee Hoang Trung Hai and Chairman of the municipal People's Committee Nguyen Duc Chung have extended Christmas greetings to Catholic dignitaries and followers in the capital city.

Military Central Hospital 108 honoured with heroic title

The 'Hero of the People's Armed Forces' title was bestowed upon the Hanoi-based Military Central Hospital 108, one of the five special nationwide hospitals, for a second time on December 17.

Chu Lai EZ, from arid to fertile land for industrial projects: PM

From a barren and arid land, the Chu Lai Open Economic Zone in the central province of Quang Nam has made itself a fertile area for industrial development, according to Prime Minister Nguyen Xuan Phuc.

Binh Phuoc runs trade surplus of nearly 1 bln USD in 2018

The southern province of Binh Phuoc ran a trade surplus of nearly 1 billion USD this year, according to its economic growth report 2018.

Vietjet Air launches first direct HCM City-Osaka flight

Budget carrier Vietjet Air launched daily flights between Ho Chi Minh City and Osaka on December 14, making it the airline's second direct air route connecting Vietnam and the Japanese city, after Hanoi-Osaka route.

Power corporation to record over 12 percent growth in 2018

The Northern Power Corporation (EVNNPC) is projected to enjoy a 12.14 percent production growth in 2018 with 64.3 billion kWh of electricity, according to a report delivered at the firm's customers' meeting in Hanoi on December 11.

Japan provides grants to local development projects in Vietnam

Japanese Ambassador to Vietnam Umeda Kunio on December 5 announced grants from the Japanese government worth a total of 1.2 million USD to eight grassroots development projects in Vietnam.

Vietnam Business Forum discusses opportunities in changing trade

The Vietnam Business Forum (VBF) 2018 kicked off in Hanoi on December 4, with discussions focusing on the theme of 'Sharing opportunities in the world of changing trade'.

Hai Duong gains another new-style rural district

Cam Giang district has become the third district in the northern province of Hai Duong recognised as a new-style rural area under Decision No.1595/QD-TTg recently inked by Deputy Prime Minister Vuong Dinh Hue, head of the Steering Committee for the National Target Programme.

Agro-forestry-fishery export picks up 9.1 percent in 11 months

The total export value of agro-forestry-fishery products from January-November expanded 9.1 percent year-on-year to reach 36.3 billion USD.

Lai Chau to host conference on tourism development in rural areas

Deputy Prime Minister Vuong Dinh Hue has approved the organisation of a national seminar on tourism development in rural areas in line with building new-style rural areas.

Can Tho to mark 15 years of becoming centrally-run city

The Mekong Delta city of Can Tho will hold a series of activities next year to celebrate the 15th anniversary of its becoming a centrally-run city, revealed a meeting between the municipal authorities and leaders of departments and agencies on November 21.

Responsibilities for delayed SOEs equitisation to be made clear

Prime Minister Nguyen Xuan Phuc has asked for the clarification of responsibilities of organisations and individuals in delaying the equitisation of state-owned enterprises (SOEs).

Quang Ninh to put into use three big transport projects in December

The northern border province of Quang Ninh will put into service three major transport projects in December this year, said Secretary of the provincial Party Committee Nguyen Van Doc.

JICA helps Vietnam improve stock market's fairness, transparency

The Japan International Cooperation Agency (JICA) will carry out a project to help Vietnam improve the fairness and transparency of its stock market, according to a document on the November 5 meeting between the agency and the State Securities Commission of Vietnam (SSC) discussing the project.