News
Vietnam's tourist numbers remain low as criticism mounts
The downward trend has continued. Foreign arrivals to Vietnam reached only 626,000 in September, down 5.8 percent from August, new data from the National Administration of Tourism showed. Even though that was up 8.3 percent from September last year, the overall number for the first nine months ...
Vietnam third-quarter economic growth accelerates to 6.81 pct
Vietnam’s economic growth quickened in the third quarter, buoyed by foreign investments and exports growth that contrasts with the performance of many of its neighbours. Gross domestic product rose 6.81 percent in the third quarter from a year earlier, according to figures released by the Hanoi-based ...
Vietnam's industrial production rises 10% in first nine months
The national index of industrial production rose 10 per cent in the first nine months of this year against the same period last year. Further, according to the Ministry of Planning and Investment, the industrial production sector continued its growth, especially in the processing and manufacturing ...
Vietnam scraps ceiling rate on corporate dollar deposits
Vietnam’s central bank said late on 27 September it was abolishing the interest rate ceiling on dollar deposits offered by banks to organisations and companies, in an attempt to avoid dollar hoarding. Keep reading ...
Education in Mekong below State standards
The Mekong Delta produces most of Vietnam’s agricultural exports and contributes roughly 20 per cent to the country’s GDP, but its education level and quality remains below national standards. At a conference held on 25 September chaired by Deputy Prime Minister Vu Duc Dam at Can Tho ...
Vietnam launches $1-million fund for startup incubators
The Ministry of Science and Technology on Friday announced a 1-million-euro (US$1.12 million) fund for Vietnamese incubators of tech startups, local media reported. Keep reading ...
China imports threaten traditional Vietnam festival masks
Vu Thi Thoan’s family has been making papier mache masks, part of traditional Vietnamese celebrations for the mid-autumn festival, for over four decades. But cheap Chinese toys are threatening her business. The mid-autumn festival, which falls on 27 September with the full moon, is Vietnam’s equivalent of ...
Hanoi to open Vietnamese Goods Week 2015 programme on 27 September
Vietnamese Goods Week 2015 will be held on 27 September in Hanoi, Ho Chi Minh City and Da Nang to raise public awareness of Vietnamese goods as well as their competitiveness. Accordingly, Vietnamese Goods Week 2015 will organise an exhibition at the Giang Vo Exhibition center ...
Novartis launches chronic disease programme for poor countries
Drugmaker Novartis AG has begun a programme in Kenya, Ethiopia and Vietnam to supply 15 low-cost medicines to fight chronic diseases like diabetes and high blood pressure. The Swiss-based pharmaceuticals group said on 24 September its scheme would supply drugs for just $1 per treatment per month to ...
Vietnam's Military Bank sees 2016 net profit growing 7-10 pct
Military Bank, Vietnam’s sixth biggest bank by market value, has cut bad debt to 1.8 percent of total loans, and its 2016 net profit could grow by 7 to 10 percent, its vice chairman said on 24 September. Vietnam’s banks, once blighted by crippling levels of ...
