News
Five foreign members of drug ring arrested on Vietnam-Laos border
Vietnamese border guards have worked with Lao police to swoop on a major transnational drug ring, capturing five foreigners in the border area between the two nations. Ha Tinh border guards, in coordination with Lao police officers, have arrested five members of the drug ring, who ...
Devastated farmers blame polluting factories for tons of dead fish on southern river
Officials are still awaiting test results but fish farmers believe that untreated waste discharged by factories along the Dong Nai River had killed a large number of fish in just one night. A total of 241 families in Dong Nai Province said they woke up on ...
Facing budget hurdle, Vietnam turns to private investors for transport projects
Vietnamese Prime Minister Nguyen Tan Dung has ordered the transport ministry to create more favorable policies to attract private investment into public infrastructure projects, saying the government’s financial resources are limited. The state budget cannot be spent extravagantly, and sovereign bonds cannot be issued excessively or ...
Vietnam army concessions are ‘unconstitutional’
Opposition leader Sam Rainsy has levelled further criticism at the Vietnamese army’s alleged control of 40,000 hectares of economic land concessions (ELCs) in Ratanakkiri province, claiming that the grants are in violation of the Cambodian constitution. Transferred over 2011 and 2012 to Vietnamese companies Veasna Investment, ...
5 Vietnamese arrested for stealing in Thailand: report
Thai police have arrested four men and one woman, all Vietnamese nationals, for allegedly stealing 4,000 baht (US$110.6) in cash from local tourist shops, news website The Nation reported on 3 January. Keep reading ...
Chinese vessel sank fishing boat in Vietnamese waters: authorities
Border guards in Quang Tri Province have confirmed that a Chinese steel fishing vessel rammed and sank a Vietnamese fishing boat off Quang Tri, VTC News reported. Senior Lieutenant Colonel Nguyen Huy Tho of the Quang Tri Border Guard Command said the sinking occurred around 40 ...
Vietnam weakens dong fixing as it adopts market-based rate
The State Bank of Vietnam reduced the dong’s reference rate for the first time since August, after saying over the weekend that it is moving to a more market-based methodology in setting a daily reference rate versus the dollar. It lowered the fixing by 0.03 percent ...
SE Asia stocks: most markets set for losses in 2015, Vietnam outperforms
Southeast Asian stock markets ended down in thin trade on 31 December as investors stayed away ahead of holidays, with all markets posting losses in 2015 except for Vietnam. Singapore’s key Straits Times Index dipped 0.1 percent in mixed trade, with losses in most big caps offsetting gains in several blue ...
Red tape holds back Saigon canal boat tour: report
The operator of the only canal tour in Ho Chi Minh City has said that it is still building toilets and other tourist facilities and, in the meantime, cannot receive more than a hundred visitors a day. Phan Xuan Anh, chairman of tour operator Saigon Boat, ...
Softer loans won't quicken Vietnam coffee replanting
Cheaper credit extended to Vietnamese coffee growers for replanting part of the world’s biggest robusta production will not accelerate the process that has already been hindered by lengthy paperwork, traders and analysts said on 31 December. Vietnam aims to replace old coffee trees, now accounting for ...
