The ups and downs of devaluing the dong
On May 7 the State Bank of Viet Nam decided to weaken the dong by 1 per cent, reducing its daily reference rate against the US dollar from VND21,458 to VND21,673, the second devaluation this year.
Viet Nam seeks FDI quality, not quantity
Viet Nam has licensed 448 new FDI projects worth US$2.67 billion in the first four months of the year, down 17.1 per cent compared with the same period last year, and permitted investors to infuse $1.01 billion in 167 existing projects.
Gov't eyes private investment in railways
At a meeting a fortnight ago Minister of Transport Dinh La Thang revealed that property giant Vingroup had offered to buy Ha Noi, Sai Gon, and Da Nang railway stations and replace them with modern stations elsewhere in the three cities to ease pressure on their downtown areas.
Workers refuse dormitories in City
Managements of many industrial parks and export processing zones in HCM City have built dormitories for employees, but only a small fraction of the workers choose to stay in these places.
Circular doesn't deter firms from overseas loans
In May 2014 the State Bank of Viet Nam issued a circular to tighten the Government's control over foreign-sourced loans.
Experts remain divided on devaluing the dong
At the close on Thursday, April 9, Vietcombank listed the dollar exchange rate at VND21,630, around VND10 higher than on Wednesday.
VN exporters look to boost trade with Cambodia
The efforts to promote trade with the neighbouring country also include the 2015 HCM City Expo held by the HCM City Investment and Trade Promotion Centre (ITPC) in Cambodia's Battambang Province between April 1 and 5.
Salt producers count their losses
Salt producers in coastal Mekong Delta provinces have incurred losses since salt prices have gone plummeted in the past month.
PR firms remain attractive for foreign buyers
Earlier this month Japanese multinational media and digital marketing communications firm Dentsu Aegis Network signed an agreement to acquire a stake in Emerald Co. Ltd, a leading full service digital marketing agency in Viet Nam.
Rising demand forces sugar prices up
Authorities' efforts to crack down on contraband and a simultaneous rise in demand have sent sugar prices soaring by 10 per cent in the three weeks since Tet.
Ministry eyes sale of highways, airports
Late last year the Ministry of Transport-owned Viet Nam Expressway Corporation decided to sell a number of expressways including the Cau Gie -Ninh Binh, Ha Noi–Hai Phong and HCM City-Long Thanh -Dau Giay highways.

Highlight

Commando recalls sinking of US aircraft carrier Commando recalls sinking of US aircraft carrier

Seventy-nine-year-old former Vietnamese commando Lam Son Nao still feels uncomfortable whenever he thinks about the moment he tried to recover 84 kilos of explosives that had been left near the USNS Core aircraft carrier.

When festivals lose sight of the people 1    When festivals lose sight of the people

Last year I visited George Town in Penang, Malaysia. I was excited to find a lot of similarities between it and my hometown, Hue.

Cultural events lead to fireworks competition 1    Cultural events lead to fireworks competition

An International cuisine event will be held in the central city as a lead up to this weekend's scheduled seventh Da Nang International Fireworks Competition, a contest between teams representing five countries.

Da Nang to monitor trees with GIS 1    Da Nang to monitor trees with GIS

Da Nang plans to use the geographic information system (GIS) in the city's public tree management work, the municipal People's Committee spokesman Vo Van Thuong said.

Man detained for trafficking 15 monkeys Man detained for trafficking 15 monkeys

The Nghe An Province's environmental crimes division said this morning that it has detained a man for allegedly trafficking monkeys following a tip-off.