News
Cambodian report on Vietnam rentals implicates no officials
Senior officials at Cambodia’s Ministry of Interior have concluded a preliminary investigation into allegations that Cambodians living along the border with Vietnam have been illegally leasing land to Vietnamese farmers. About 1,000 families owning almost 7,000 hectares of land in five provinces have rented the territory out ...
Vietnam's currency drops to limit of trading band for first time
Vietnam’s dong fell to the limit of its current trading band for the first time, reflecting further pressure to weaken after three devaluations already this year. The currency fell as much as 0.07 percent to 22,547 per dollar in Hanoi, diverging from the State Bank of ...
Something in the water: The dark and deadly secret behind Saigon cheap coffee
A market of industrial chemicals in Ho Chi Minh City is having a new product on sale. And it has quickly become a bestseller. The black liquid, coming in big plastic cans, works magic. Just add a few drops into water and you can turn it ...
Vietnam's garment exports forecast to top $27 billion
Vietnamese textiles and garment exports will possibly hit US$27.1 billion this year, an increase of more than 10 percent from 2014, local media reported. Local producers shipped $20.63 billion worth of textile and garment products in the first 11 months, up 8.9 percent from the same ...
Talks with neighbours about migrant labour
Thailand is preparing to take migrant workers from three other ASEAN nations under memorandums of understanding (MoUs) for the upcoming ASEAN Economic Community. Labour Minister General Sirichai Dithakul met on 22 December with delegates from Vietnam, Myanmar and Cambodia to discuss the MOUs. Thailand has already signed MoUs with Myanmar and ...
European Parliament adopts Vietnam-EU partnership agreement
The European Parliament (EP) adopted an official resolution ratifying the Vietnam – EU Partnership and Co-operation Agreement (PCA), at a plenary session in Strasbourg city, France, on 17 December. The resolution welcomes Vietnam’s outcomes in doi moi (renewal) and integration over the past time and hails ...
Mekong area needs $3.8b for projects
The Cuu Long (Mekong) Delta region will need more than VND86.3 trillion (US$3.83 billion) in the 2016-20 period to develop key infrastructure projects to fuel its economic growth, according to the Ministry of Transport. Around VND65 trillion ($2.8 billion) of the total funding will go to ...
Devaluation risk rises in Vietnam
Vietnam’s dong fell toward the brink of its permitted trading range as a ban on interest payments on US dollar deposits held onshore failed to cool speculation the currency is poised for its fourth devaluation in a year. The State Bank of Vietnam cut the dollar ...
Forestry has helped many families
Since its inception in the year 2000, the Forest Sector Support Partnership (FSSP) has supported Vietnam in environmental protection; improving livelihoods of people in forestry areas and enhancing the contribution of forestry to the economy, said Ha Cong Tuan, Deputy Minister of Agriculture and Rural ...
Ho Chi Minh City adopts poverty measures
The Ho Chi Minh City People’s Council has recently approved adoption of a multi-dimensional poverty measure in the city’s 2016-20 poverty reduction programme. It measures, besides income, also deprivation in terms of five basic needs — education, health care, employment and social insurance, living conditions, and ...
