News
Southeast Asia’s biggest-ever drug warehouse raided by Vietnamese, Laotian detectives
After months of tracing and identifying the baron of a drug smuggling ring, forces from Vietnam and Laos raided the organization last month, seizing 5.5 metric tons of drugs – the biggest smuggling case ever uncovered in Southeast Asia. Noticeably, the swoop on the huge drug ...
Vietnam PM encourages Myanmar to grant licences to Vietnamese banks
Prime Minister Nguyen Tan Dung suggested Myanmar to consider granting licences to the Bank for Investment and Development of Vietnam to open branches in Myanmar. The Prime Minister received Governor of the Central Bank of Myanmar Kyaw Kyaw Maung in Hanoi on 6 August during his ...
Flooded Vietnam coal mines leaking toxic slurry into World Heritage-listed Ha Long Bay: environmentalists
Heavy rainfall in northern Vietnam has killed at least 17 people and inundated major coal mines, causing concern among environmentalists about the contamination of the nation’s top tourist attraction and World Heritage-listed Ha Long Bay. A week of persistent rain in Quang Ninh province has displaced ...
Vietnam's fast rising property market leaves hard times behind
Brought to its knees when its property market bubble burst four years ago, Vietnam is riding into another boom, with construction starting in Ho Chi Minh City on two of the world’s tallest skyscrapers and buyers snapping up new projects fast. The speed of the market’s ...
Vietnamese workforce optimistic about ASEAN common market, survey shows
Up to 92 percent of Vietnamese professionals see the establishment of the regional ASEAN Economic Community (AEC) as a good opportunity to develop their career, according to a recent survey conducted by recruitment firm VietnamWorks. As many as 52 percent of the respondents believe they will ...
Tusk thieves threaten Vietnam’s fast dwindling domesticated elephants
Several mahouts have been taking turns to look after a 20-year-old male elephant around the clock since it had a tusk almost cut off by some thieves on 14 July. “We used to be worried about elephants accidentally getting caught in traps set by poachers in ...
7-Eleven to invade Vietnam
Japanese retail giant Seven & i Holdings Co said it has decided to open 7-Eleven convenience stores in Vietnam, where convenience store users are expected to increase with economic growth. Keep reading ...
Vietnam strives to improve its trade statistics for ASEAN
Vietnam will strive to become one of ASEAN’s top five nations in international trade statistics by 2017. This is part of a plan for Vietnam’s integration into the ASEAN Statistics system in the 2016-20 period, as approved by Prime Minister Nguyen Tan Dung. According to the plan’s general targets ...
With farms, fruit and feed, Vietnam's tycoons explore agribusiness ventures
Some of Vietnam’s top firms are carving out opportunities in its $37 billion agriculture and seafood sector and looking to expand overseas, helped by free trade pacts. “We’ll have global food shortages by 2050. If we invest fundamentally and correctly, this market is infinite,” said Nguyen Duy ...
Rains, floods in Quang Ninh kill 17, 7 fishermen missing
A lingering low-pressure area has triggered floods, landslides and rough seas in northern Vietnam, killing at least 17 people in Quang Ninh and sinking two fishing boats near Ha Long Bay. The medical center at Quang Ninh’s Co To Island treated Nguyen Van Tuan, 23, who ...