HCM City cracks down on delays
The recent decision by HCM City authorities to revoke 298 development projects, mainly public works, reveals a determination to take stronger measures against delays.
Bank credit floods back into housing market
According to the State Bank of Viet Nam, in the first eight months of the year banking credit grew at 10.23 per cent compared to 4.33 per cent a year earlier. It is expected to grow at 15-17 per cent this year.
After $2b investment, Vung Tau ports operating at low capacity
Seven deep-water seaports have been built by the Cai Mep – Thi Vai Port Group in the southern province of Ba Ria – Vung Tau in the past few years at a total cost of VND40 trillion (nearly US$1.8 billion).
In the last two weeks the dong-dollar exchange rate has stabilised after a brief frisson caused by the State Bank of Viet Nam (SBV)'s decision to depreciate the currency after China did so.
Banks want bigger foreign stakes
Recently Vietinbank said the Government and the State Bank of Viet Nam should allow it to sell bigger stakes to foreign investors to make its offer more attractive for them.
Crab prices fall to their lowest in decades
Crab breeders in the Mekong province of Ca Mau are worried about imminent losses due to the relentless fall in the prices of the crustacean. The main reason for the 30-40 per cent price decline in recent months is that Chinese traders have stoppedbuying.
Viet kieu, foreigners invest in homes
The changes to the housing law allowing foreigners and Viet kieu (overseas Vietnamese) to buy houses in Viet Nam (from July 1) has had an impact on the housing market.
Forex rates to remain under pressure
One of the prominent economic happenings globally in recent times is the appreciation of the US dollar, which has affected most countries including Viet Nam.
HCM City safari progresses at snail's pace
Delays in land clearance have put the Sai Gon Safari Park, once expected to become one of the largest eco-tourism facilities in Viet Nam, on hold for the past 11 years.
HCM City officials seek visa-free stay extention
HCM City tourism authorities want the visa-free stay for European travellers doubled to 30 days. The Government will allow nationals of the UK, Germany, France, Italy, and Spain to enter Viet Nam without a visa for up to 15 days starting this month in an effort to reverse a decline in foreign arrivals.
Investors turn away as gold loses its sheen
Do not tough gold" is advice that many experts are giving Vietnamese investors amid a relentless fall in the prices of the metal both here and globally.


Mountains of coal sludge still threat to lives in Quang Ninh Mountains of coal sludge still threat to lives in Quang Ninh

Wiping sweat from his forehead, 36-year-old Trinh Duc Sang took big strides along a road covered with muddy coal sludge and dirt to the place that was his home until just three weeks ago. He climbed a rickety ladder that buckled under his weight to reach his neigh-bour's house overlooking a creek. From there, he crossed into his old home.

Doctors treat patients for free at clinic in Ha Noi Doctors treat patients for free at clinic in Ha Noi

For more than 20 years, Dang Thi Nhan, 67, has been waking up about 30 minutes earlier each day to bake cakes or prepare tea for two retired doctors in a clinic near her house in Ha Noi's Giap Bat Ward.

Wounds begin to heal between US, Viet Nam 1    Wounds begin to heal between US, Viet Nam

Pham Ba Lu swore thousands of times that he "would not live under the same sky as the United States".

Water resources, eroding land need saving Water resources, eroding land need saving

Water management has become a major topic of discussion in recent years among Viet Nam's lawmakers, experts and society. The country has been struggling to deal with water-related issues such as a rising sea level, land subsidence and saline intrusion in the Mekong Delta. Lawmakers and experts shared their views on water management with Viet Nam News reporters Thu Van and Hoang Anh.