News

Vietnam seeks deepened ties with Brunei, Singapore

The upcoming State visits to Brunei and Singapore by President Tran Dai Quang aim to realise the foreign policy set forth by the 12th Party Congress and deepen relations with the two ASEAN member countries. Vietnam and Brunei established diplomatic ties on February 29, 1992. Since ...

Existing airports left idle, new airports built

While many airports in the Mekong Delta are still idle, the Ministry of Transport is considering building new ones. MOT is planning to build an airport in the southern province of An Giang with estimated investment capital of VND 3.4 trillion. The domestic airport, designed ...

Japan firms invest in local property sector despite potential risks

Many Japanese companies are aware of potential risks in the Vietnamese real estate sector but they have an increasing presence in this market, according to Tokyo-based Recof Corporation, a consultant on merger and acquisition (M&A) deals. Masataka Sam Yoshida, senior executive for the Vietnam market at ...

Why doesn't Vietnam have large businesses?

Many newly emerged businesses have been sold to foreign investors as soon as they became better known, and before they could become powerful conglomerates. More than 90 percent of Vietnamese businesses are small and Vietnam does not have large corporations which can act as pillars in ...

Vietnam central coast safe for swimming, aquaculture after disaster: study

The results of a study released on August 22 show that Vietnam’s central coast is again safe for swimming and aquaculture, four months after toxic effluents discharged by Taiwan-owned Formosa Ha Tinh Steel Corp caused mass fish deaths. Prof Mai Trong Nhuan of the Hanoi National University, ...

Digital economy a big issue for VN: expert

Building a digital economy will be very important for Vietnam to keep pace with rapid technology developments across the globe, a senior Australian scientist has said.“We are not going to create prosperity purely on hard work. It will be smart work, which is connected to ...

Chinese dams a threat to Lower Mekong River

One of the main issues facing nations in the Mekong River Commission, including Vietnam, Thailand, Cambodia and Laos, is that China has refused to share information about the operations of its hydropower dams. As a result, the MRC countries are cautious about using their limited ...

Thailand becomes ‘King of Cement’ in Vietnam

Thailand based Siam City Cement Public Company has agreed to purchase a 65% stake in cement manufacturer Holcim Vietnam HVL from French headquartered LafargeHolcim, according to an SCCC statement. HVL currently operates one integrated plant and four grinding plants with an annual cement capacity of 6.3 ...

US supports HIV/AIDS response in Vietnam

The US Agency for International Development has awarded a five-year grant to the Center for Promotion of Quality of Life in Vietnam to strengthen community-led approaches to HIV prevention, care and treatment.The USAID Enhanced Community HIV Link – Southern project, implemented in Ho Chi Minh City, ...

Vietnamese farmers indignant as Mekong Delta prays for flood waters to arrive

Fishermen in Vietnam’s Mekong Delta have been complaining about lower water levels and falling catches with experts blaming China’s construction of hydropower projects on the upper Mekong River. According to the experts, the dams have blocked fish from moving downstream and trapped sediment needed to enrich ...

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