News

Drought devastates local shrimp industry

This year’s prolonged drought and saltwater intrusion in the Mekong Delta has destroyed more than 81,000 hectares of prime shrimp breeding areas in eight provinces, says the Ministry of Agriculture and Rural Development. Shrimp farmers in Ca Mau Province in the very south of the country, ...

Việt Nam gains ground in fight against illiteracy

Strides have been made in Viêt Nam to eradicate illiteracy over the last seventy years, and efforts to promote literacy continue on September 12. Việt Nam met the national standard for literacy in 2000, with 94 per cent of the population aged between 15 and 35 ...

Recycled waste-to-fertilizer plants left idle, investors flee

A series of plants making fertilizer from domestic waste have been built in recent years with ODA capital.  And a lot of them, capitalized at tens or hundreds of billions of dong have been left idle. In late 2012, the Hai Duong fertilizer plant was put ...

Vietnam should not invest in steel

Former Minister of Planning and Investment, Professor Nguyen Mai, speaks to the Tuoi tre newspaper, suggesting that HSG should focus on the manufacture of high grade alloy rather than steel. Recently, the Hoa Sen Joint Stock Group made public a super project for steel production in ...

PM attends 8th Mekong-Japan summit

Vietnam pledges continued efforts to foster the Mekong-Japan cooperation for the sustainable development, peace, stability and prosperity in the region, Prime Minister Nguyen Xuan Phuc has affirmed. The Vietnamese Government leader made the statement in Vientiane, Laos on September 7 while attending the 8th Mekong-Japan Summit ...

Vietnam is struggling to unite its Mekong neighbours against China

Vietnam moved rocket launchers into disputed territory in the South China Sea, reports recently suggested, meaning it could potentially attack land that China has controversially reclaimed. This all comes at a time of heightened tension over territorial wrangling in the region. A Pentagon report released in ...

Forest devastation continues as agencies neglect their jobs

The deforestation cases found recently, including 10,000 hectares in Quang Tri province, the fokienia forest devastation in Quang Nam province, and the use of 575 hectares of forest for a husbandry project in Binh Phuoc province, all show problems at supervising agencies. FAO once ranked Vietnam ...

Increased pressure on domestic banks comes from foreign rivals

Foreign banks are increasing their presence in Vietnam through various forms by establishing 100% foreign-owned banks or opening branches. With advantages of capital and services, once the Trans-Pacific Partnership takes effect, foreign banks will have more advantages in Vietnam. Meanwhile, domestic banks that are still undergoing ...

Vietnam: $705.8m outbound investment; funding opportunity from France

Foreign direct investment into Vietnam reached $14.3 billion in 2016. Meanwhile, Vietnamese startups are attracting investment and partnership from French investors. Vietnam’s outbound investments hit $705.8m Vietnamese companies pumped $705.8 million in 106 projects in foreign markets during the first eight months of this year, according ...

Scientists: Chinese exports polluting Vietnam through Red River

Lao Cai province’s chair Dang Xuan Phong said the Red River’s water from the other side of the border with China is becoming more seriously polluted. Phong made the complaint at a national online conference on environmental protection chaired by Prime Minister Nguyen Xuan Phuc on ...

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