News

Typhoon Vamco brings heavy rains, strong winds to Vietnam

Newly-formed typhoon Vamco, the third tropical storm to hit Vietnam this year, brought strong wind and heavy rains to the central city of Da Nang on 14 September.   Vamco originally took shape on the southeast waters of Hoang Sa (Paracel) Islands on 13 September and was classified as ...

Vietnam ‘ready’ for returning Montagnards

Vietnam is “ready to receive” the more than 200 Montagnards currently seeking asylum in Cambodia who face forced repatriation if they do not return within three months, according to the UN refugee agency. Vivian Tan, a regional spokesperson for UNHCR, said the Vietnamese government had given ...

Tropical rainstorm Vamco unleashes flooding in Vietnam, Laos and Cambodia

Tropical Rainstorm Vamco will bring flooding rain to portions of Indochina through at least 16 September. Keep reading ...

Vietnam's Communist Party chief seeks to expand economic and security ties during visit to Japan

Vietnam’s Communist Party chief will embark on a four-day visit to Japan on 14 September, seeking not only investment opportunities but geopolitical assurances as China continues its aggressive maritime posturing, according to experts. Nguyen Phu Trong will also become the first party leader to have visited ...

Forest conservation project launched to protect Vietnam biodiversity

The Vietnam Administration of Forestry and Germany’s Federal Ministry for Economic Co-oporation and Development have launched the “Programme on Conservation and sustainable use of forest biodiversity and ecosystems services in Vietnam”. Keep reading ...

Vietnamese Prime Minister attends launch of giant potash mine in Laos

Vietnamese Prime Minister Nguyen Tan Dung and his Lao counterpart Thongsing Thammavong on 13 September attended the opening of a large potash mine in Laos. It will be one of Vietnam’s largest international projects. The ground breaking ceremony was held in Nongbok district in Khammouane province. Keep reading ...

Vietnam's oil exploitation output likely to increase by 4.6% this year

According to the Ministry of Planning and Investment, Vietnam`s crude oil exploitation output in 2015 is estimated to reach 17.58 million tonnes, rising 4.6% from the annual target of the government.   The ministry also made a forecast that the crude oil output in 2016 would decline ...

Vietnam's Deputy PM seeks Laos’ support to Vietnam-invested projects

Deputy Prime Minister Nguyen Xuan Phuc received Lao Minister of Planning and Investment Somdy Douangdy in Hanoi on 10 September, during which he proposed that Laos support the implementation of Vietnam-invested projects there. Keep reading   ...

Vietnam scores low for budget transparency as public participation remains 'limited'

Scoring only 18 out of 100 on an open budget index compiled by the International Budget Partnership, Vietnam’s budget transparency is deemed “scant” and far below the world average score of 45.   The performance is slightly worse than that of 2012, when the country scored 19, according ...

Analysts: Vietnam primed for financial derivative market

Vietnam’s financial market holds promising potential and the basic foundations to develop derivative products, financial experts told a seminar held by the Hong Kong-based Asia Risk magazine in Singapore on 9 September. Keep reading ...

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