News
Rethink on prostitution: Officials say Vietnam needs legal red-light districts
Social affairs officials at a national meeting on 21 August said the government should legalize prostitution and create red-light districts in major cities to monitor the sex industry more effectively. Officials at the meeting held by the Ministry of Labor, Invalids and Social Affairs in Ho Chi ...
Vietnamese keep off vegetables on pesticide fears
Vietnamese are consuming too much starch and sugar and only half the amount of daily vegetables recommended, partly because of worries about pesticides, experts said. A recent survey by the National Institute of Nutrition found a person in Vietnam consumes 200 grams of vegetables on average ...
Vietnam stocks plunge as bank concerns trigger sharp sell-off
Vietnam’s stocks just had a rough week after bad news kept hitting the markets, prompting many investors to dump a large number of bank shares amid a broad sell-off. The benchmark VN-Index dropped to 556.30 at the 3 p.m. close on 21 August, shedding nearly 17 ...
Vietnam sets up steering committee for industrialisation strategy
The Prime Minister has decided to establish a Steering Committee for Vietnam’s industrialisation strategy as part of a cooperation agreement with Japan by 2020, with a vision to 2030. The Steering Committee for the strategy will be led by Deputy PM Hoang Trung Hai while Minister ...
Vietnam, Dagestan reach oil and gas exploitation agreement
Vietnam is willing to pour up to 300 million USD into an oil and gas exploitation project in the Caspian Sea of the Republic of Dagestan within the Russian Federation, said Dagestan’s Government Office on 18 August. Keep reading ...
Map critics face arrest
Prime Minister Hun Sen has delivered a warning to anyone still thinking about criticising the government’s handling of the ongoing border demarcation with Vietnam: you will be arrested. Addressing a cabinet meeting, Hun Sen said anyone who persisted with claims that authorities were using “fake” maps or ...
Vietnam's steel output reaches highest in a decade
Building steel output in July reached 613,000 tonnes, posting 51.5 per cent increase over the same period last year and marking the record high in the past 10 years, said the Vietnam Steel Association. Keep reading ...
HCM City speeds up work on special economic zone
The HCM City administration has instructed relevant agencies to finalise plans for the establishment of a special economic zone encompassing districts 7, Binh Chanh, Nha Be, and Can Gio. Keep reading ...
Remittances to Ho Chi Minh City hit $2.42 bil in Jan-July
Overseas remittances to Ho Chi Minh City rose 12 percent year-on-year in the first seven months thanks partly to an increased interest in the property market from overseas Vietnamese, local media reported. Keep reading ...
Vietnam devalues dong by 1%
Vietnam on 18 August devalued its currency by 1% following the devaluation of the Chinese yuan and a possible US interest rate increase. Keep reading ...
