News
Public debt ceiling to remain at 65%
The government will not lift the public debt ceiling but will tighten its financial discipline to develop enterprises and further attract social investment to create the resources needed for reform and socioeconomic development. Lifting the ceiling would affect the country’s loan repayment capacity, Deputy Prime Minister ...
Ministry names 30 environmentally unfriendly projects
The Ministry of Industry and Trade has announced a list of 30 thermal electricity, hydropower, chemical and mining projects that are posing risks to the environment. Among the environmentally unfriendly projects are thermal power plants Thai Binh 1, Vinh Tan 2, Vinh Tan 4, expanded Vinh ...
Japanese groups may invest $2 billion into Vietnam real estate
It is rumored that about ten Japanese firms will invest up to US$2 billion in the real estate market in Vietnam, particularly HCM City and Hanoi, in the coming time. Than Thanh Vu, President of Sao Khue, said the information is accurate because recently his company ...
Gov’t names 27 potential polluters
Up to 27 projects of seven State corporations are listed in a Ministry of Industry and Trade’s directive as being liable to cause environmental pollution. In the directive on strengthening environmental protection issued this week, Minister of Industry and Trade Trần Tuấn Anh requested all relevant ...
Chàm Island to protect biodiversity
The Centre of Biodiversity Conservation, GreenViet and the Management Board of Chàm Island has inked an Memorandum of Understanding on the protection of flora and fauna in the forest of the island. The Management Board said the MoU will allow surveying of the current terrestrial plants ...
Deputy PM greets US business council official
Deputy Prime Minister Phạm Bình Minh has suggested the US-based Business Council for International Understanding endorse the early ratification and implementation of the Trans-Pacific Partnership agreement and help Việt Nam carry out the pact effectively. Minh, who is also Foreign Minister, met with Peter Tichansky, President ...
Technology firms stop selling software as losses mount up
Technology firms, which have incurred loss of revenue because of copyright infringement, have decided to rent, rather than sell, software to businesses at low fees. In mid-September, about 15 technology firms, including well-known names such as Microsoft, ODS, Vonline, Nhan Hoa, BKNS, ESC, Hostvn, and Mat ...
Vanishing Mekong? shifting tropical storms threaten a great river delta
Recent changes in the patterns of tropical storms are threatening the future of the Mekong River delta in Vietnam. This is one of the world’s great deltas. It is home to more than 20m people and the rice that is grown on its fertile land ...
Slow ODA disbursement hampers Vietnam
Slow ODA disbursement is badly affecting Vietnam’s credibility and development according to a workshop on ODA programmes heard on October 18 in Hanoi. The problems were discussed at the workshop on accelerating the implementation and disbursement of ODA programmes and projects. According to the Deputy Minister of ...
Huge challenges still facing Vietnam's economy
It has been five years since the economic restructuring programme was launched, and despite some improvements to the Vietnamese economy, there has been little change in the growth model. For that reason, many have called for a reconsideration of the restructuring methods used over the past ...
