News

Việt Nam, UK to boost coffee trade

Vietnamese and British coffee enterprises are keen on doing more business together, Việt Nam Coffee and Cocoa Association (VICOFA) Chairman Lương Văn Tự said yesterday.Keep reading ...

Restructuring wipes out 25% of VN securities firms

After five years of aggressive restructuring, the number of securities companies here has reduced from 105 to 81 in 2016. This decrease came after the Ministry of Finance made restructuring securities firm a priority in early 2012. The main purpose was to heighten operational quality, financial ...

Civet species thought to be extinct found in central Vietnam

The large-spotted civet species recently discovered in the Phong Dien Nature Reserve in Hue city was previously considered to be extinct in Vietnam and China by the International Union for Conservation of Nature. According to the Forest Protection Department of Thua Thien – Hue province, ...

Gov’t urged to install technical barriers to filter FDI projects

Consultants and experts have recommended that Vietnam take measures to prevent foreign-invested projects from using outdated technologies, causing pollution and consuming national resources. First, oil refineries. The projects licensed so far in the field have total capacity of up to 50-60 million tons. It is estimated ...

China builds nuclear power plants in border areas, Vietnam takes action

Agencies are planning to build an environmental monitoring system to control possible radioactive substance leakage from large-capacity energy reactors built by the Chinese and located 300 kilometers from Hanoi. More nuclear power plants located close to the Vietnamese border have been built in 2016, some of ...

Vietnam's rice exports to decline sharply this year

Viet Nam hopes to export 1.6 million tonnes rice in the four remaining months of the year, raising exports for the year to 4.9 million tonnes, said the Viet Nam Food Association. According to a report the VFA tabled at a meeting held in southern An ...

Japanese construction giant to spend USD1bn on 50 projects in Vietnam

Tokyo-based contractor Kajima will team up with Indochina Land. Vietnam’s property market continues to ensnare Japanese firms. The latest: a partnership between Kajima and Hanoi-based developer Indochina Capital, which was unveiled on September 16, will officially begin in October. The resulting venture, ICC-Kajima, is expected to plough USD1 ...

Foreign sector scooping up Vietnam FMCG market

The foreign sector continues to scoop up more of the market for consumer goods like ice cream, food, drinks, clothing, footwear, toiletries and household supplies, according to the Ministry of Industry and Trade. At a recent business forum in Hanoi, Phan Chi Dung of the MOIT ...

Vietnam has one of the least powerful passports in Southeast Asia

  Faring poorly on an international passport index, Vietnam possesses one of the least powerful passports in the region. Ranking 74th on the World Economic Forum’s Passport Index, Vietnam, together with Cambodia, possesses one of the least powerful passports in Southeast Asia. Citizens from the two countries can visit ...

Calls for new property investment law

Real estate associations have proposed amending the Law on Land and the Law on Trading Real Estate to create favourable conditions for investors in property investment. Le Hoang Chau, chairman of HCM City Real Estate Association, said the association proposed amending the two laws to permit ...

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