News
Decree addresses securities firms
The Government has issued Decree No. 86/2016/NĐ-CP dated July 1, 2016 governing requirements applicable to securities investment and business activities in Việt Nam. The decree applies to securities companies, fund management companies, securities investment companies, foreign securities business organisations, and relevant organisations and individuals in ...
Vietnam cancels water pipe deal with China supplier over quality concern
State-owned construction firm Vinaconex has backed out of a deal to use pipes from a Chinese company to fix an unreliable water supply system in Hanoi amid concerns over the quality of the replacement. Viwasupco, the water utility subsidiary of Vinaconex, said in a new statement ...
$120-million plant faces closure after mass fish deaths in Vietnam
The plant will only return to operations when environmental issues have been resolved. A soda ash manufacturer in the central province of Quang Nam has been reportedly killing fish for a year, and air and noise pollution caused by the plant has affected more than 400 ...
Vietnam risks facing severe labour shortages
Government and business leaders speaking at a recent forum in Ho Chi Minh City have said that Vietnam is at risk of running out of skilled machinists and other manufacturing workers over the next four to five years. At the conference sponsored by the HCM City ...
Vietnam doctors train Cambodians in hematopoietic stem cell transplant
The Ho Chi Minh City Blood Transfusion Hematology Hospital has begun a training course in hematopoietic stem cell transplant for Cambodia’s Calmette Hospital. Dr Sok Sothea of Calmette said a team of three doctors, two nurses and a technician would attend the five-month course that has ...
Vietnam's FPT to invest in Myanmar financial switching system
FPT Corporation has been selected by Myanmar Payment Union as the prime investor to implement a national financial switching system, the company said on 1 August. The entire financial switching system will be funded and implemented by FPT in a year. Currently, over 95 percent of transactions ...
Thailand's central declares $89.6 mln tax on Big C Vietnam deal: report
Thai retail giant Central Group has declared around US$89.6 million in tax on its acquisition of Vietnam’s biggest foreign-owned supermarket chain Big C, local media reported. Big C Vietnam, which declared the tax on behalf of its new owner, has paid $17.03 million of the amount, ...
Vietnam launches national day against trafficking in persons
Vietnam held a ceremony was held in the northern border province of Lao Cai on July 30, aiming to raise public awareness of the importance of human trafficking prevention and control. Speaking at the event, President of the Vietnamese Women’s Union Nguyen Thi Thu Ha said ...
Vietnamese universities fall in South East Asia rankings
Vietnam has eight universities in South East Asia’s top 100 universities according to the latest report from Webometrics, however, many of them have dropped in the rankings. In the ranking for the second quarter announced on July 29, Vietnam National University in Hanoi, Can Tho University ...
HCM City makes property mortgage details public
Recently the Hồ Chí Minh City Department of Natural Resources and Environment published a list of 77 apartment projects that have been registered as mortgaged at land registration offices. The list has been submitted to relevant offices in the city as well as uploaded on the ...
