News
Power reaches villages high up in the mountains
Life has become different, and easier, for people who live high up in Vietnam’s mountains. That is because electricity has come to places in Lai Chau Province where there had not been electricity in the past. Sometimes people there would make electricity from an oil generator but the ...
Vinamilk strikes $12.5 million deal to export baby formula to Middle East
Vietnam’s biggest dairy company Vinamilk has closed a US$12.5 million deal to export baby formula to Middle Eastern countries, with shipments expected to increase by around 10 percent a year. The deal, signed at the week-long international food fair Gulfood wrapped up in Dubai on 25 ...
Feasibility study for Laos-Vietnam railway begins
A feasibility study for a railway linking the Lao capital of Vientiane with Vung Ang seaport in central Ha Tinh province of Vietnam has begun, a senior Lao official has said. The study of the 550km-long rail line is set to take about two years to ...
60,000 victims identified as Vietnam expands probe into multi-level marketing scam
Vietnam’s Ministry of Public Security has ordered police in 27 cities and provinces to join an investigation into a fraudulent multi-level marketing company that managed to scam more than 60,000 people. Colonel Tran Quang Huy said the ministry had initially identified about 45,000 victims, but the ...
Hanoi to expand suburban bus routes
Several new bus routes connecting downtown Hanoi with suburban districts will be put into operation between now and 2020, according to Nguyen Phi Thuong, head of the Hanoi Transportation Service JSC (Transerco). The capital bus network would be extended to a large number of localities including ...
Vietnam leaders applaud WB support of local development
Vietnam’s Prime Minister Nguyen Tan Dung expressed appreciation for the WB’s co-operation in Vietnam’s socio-economic development, especially in poverty reduction and sustainable development as he met with World Bank (WB) Group President, Jim Yong Kim, in Hanoi on 23 February. He also spoke highly of the ...
Vietnam M&A deals rose to $5.2 billion in 2015: report
Mergers and acquisitions (M&A) in Vietnam grew by 9.7 percent last year to US$5.2 billion, mostly with small and medium-sized enterprises involved, according to a new market report. The number of deals was up 23.1 percent to 341, local market research company StoxPlus said in the ...
Electronic tolls seen implemented by ‘20
Vietnam’s transport ministry wants electronic toll collection systems (ETCs) installed at all toll booths nationwide from 2020, to end delays and cut costs, Deputy Minister Nguyen Hong Truong said. The ministry has asked investors to install the systems on National Highway 1 and 14 before 30 June. ...
Vietnam's Deputy PM outlines drought prevention plans for the parched south-central region
Deputy Prime Minister Nguyen Xuan Phuc directed the south-central region and Central Highlands to take measures to prevent droughts at a meeting with local authorities in Ninh Thuan province on 22 February. He urged the localities to examine water reservoirs and build plans for water usage, ...
Vietnam must find funding for farmers
Vietnam needs to create policies to promote investment in agriculture to build a farming sector to compete internationally, as the country integrates into the global economy. Investments in agriculture remain modest, although the sector involved nearly 70 per cent of the country’s population, while contributing some ...
