Global garment firms no longer bullish on Vietnam as costs rise

Thu, 04 Jul 2019 15:34:00

International apparel makers are slowing or, in the case of some, completely halting expansion in Vietnam since the country’s labour costs are rising.

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Low CPI growth facilitates inflation control: Deputy PM

Thu, 04 Jul 2019 15:32:00

A CPI rise at three-year low during the first half of 2019 has greatly helped stabilise the macro-economy, promote economic growth and leave much room for inflation control for the remaining of the year, according to Deputy Prime Minister Vuong Dinh Hue.

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Vietnam treasures ties with Switzerland: Vice President

Thu, 04 Jul 2019 15:30:00

Vietnam always attaches much importance to intensifying the friendship and traditional cooperation with Switzerland, Vice President Dang Thi Ngoc Thinh said while meeting with Swiss President Ueli Maurer in Bern on July 3.

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Indian hotel giant OYO eyes $50 mln investment in Vietnam

Thu, 04 Jul 2019 15:28:00

India’s largest hospitality company OYO plans to invest $50 million in Vietnam, looking to benefit from the country’s tourism boom.

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Occupancy rate at industrial parks averages 74 percent

Thu, 04 Jul 2019 15:26:00

Industrial parks in the country have reported an average occupancy rate of nearly 74 percent, according to the Ministry of Planning and Investment’s Economic Zone Management Department.

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Australian ambassador's contributions to relations with Vietnam praised

Thu, 04 Jul 2019 15:21:00

Deputy Prime Minister Vu Duc Dam has applauded outgoing Australian Ambassador Craig Chittick’s contributions to Vietnam-Australia ties and congratulated him on having successfully fulfilled his tasks in Vietnam.

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EU-Vietnam pact to deliver trade and investment bonanzas

Thu, 04 Jul 2019 15:18:00

The EU-Vietnam Free Trade Agreement will grant Vietnam easier access to a market of 500 million plus people and a total GDP of $15 trillion.

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Vietnam loosens bank savings rules for foreigners

Thu, 04 Jul 2019 15:16:00

The State Bank of Vietnam has issued a new circular relaxing regulations on bank deposit services for foreigners and nonresidential organizations in Vietnam, a move designed to attract idle funds from the expat community in the country.

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Bosch Vietnam sees growing R&D operations

Thu, 04 Jul 2019 15:14:00

German technology firm Bosch Vietnam has celebrated the fifth anniversary of its automotive research and development (R&D) centre in Vietnam.

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Vietnamese woman trafficked to China returns home after 22 years

Thu, 04 Jul 2019 15:11:00

A woman from Vietnam’s deep south, tricked and sold in China in 1997, has returned home and is reunited with her family.

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Over 11.1 trillion VND worth of G-bonds raised in June

Thu, 04 Jul 2019 15:08:00

The State Treasury of Vietnam raised over 11.1 trillion VND (482 million USD) through 13 government bond auctions in June, down 6.7 percent month-on-month, according to the Hanoi Stock Exchange.

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Two killed in bridge collapse as storm Mun slams into Vietnam

Thu, 04 Jul 2019 15:06:00

Tropical storm Mun claimed its first victims on Thursday, a woman and her husband who died when a landslide collapsed a bridge.

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Industrial, economic zones attract 8.7 billion USD in FDI in H1

Thu, 04 Jul 2019 15:04:00

Vietnam’s industrial and economic zones attracted 340 foreign-invested projects with a total newly-registered capital of 8.7 billion USD in the first six months of 2019, according to the Ministry of Planning and Investment’s Economic Zone Management Department.

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HCM City targets 80-pct resident satisfaction with procedures

Thu, 04 Jul 2019 15:02:00

Ho Chi Minh City aims to have at least 80 percent of residents satisfied with administrative procedures and staff by 2020, according to Nguyen Thien Nhan, secretary of the HCM City Party's Committee

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Runway extension recommended for Con Dao airport

Thu, 04 Jul 2019 14:59:00

Aviation authorities have called for lengthening the runway at the airport on Con Dao island, a popular tourist attraction.

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Policies take effect since July 2019

Thu, 04 Jul 2019 14:57:00

A series of polices on statutory pay rate for public officials and public employees and armed forces' personnel, penalties for administrative violations against regulations on fisheries and pension, social insurance allowance and monthly allowance will come into force since July 2019. 

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Swedish paper plant comes into operation in Binh Duong

Thu, 04 Jul 2019 14:56:00

Tetra Pak, a Swedish-based food packaging and processing company, inaugurated its new paper plant in the Vietnam-Singapore Industrial Park II in the southern province of Binh Duong on July 3.

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Four bodies retrieved from sunk fishing vessel in central Vietnam

Thu, 04 Jul 2019 14:54:00

Five men were rescued and the bodies of four men found in a fishing vessel that sank near an island in the central province of Binh Thuan on Wednesday.

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