News
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 ...
Vietnam stalls policy that requires workers, employers to pay more for social security
Vietnam has delayed a new social insurance policy that aims to increase contributions to the country’s pension fund, following complaints from both businesses and workers. The policy, originally slated to take effect this January, is now waiting for further instructions from the labor ministry and relevant ...
Vietnam, partners look to sign Pacific-rim trade pact in February
The Vietnamese government expects to sign an agreement with 11 other nations in early February to finalize their negotiated terms of the Trans-Pacific Partnership, taking another step to turn one of the most ambitious trade pacts into reality. According to local media, Minister of Industry and Trade ...
Vietnam adds flesh to regulatory bones to court more investment
Vietnam has issued detailed regulations for foreign investors in 17 business sectors in a drive to improve the investment climate of a fast-growing country blighted by bureaucracy, but now seeing record inflows of foreign capital. The new list of sectors specifies foreign investment ratios, the scope ...
