Vietnam Scraps Foreign Ownership Limits
Beginning in September, foreign investors will be able to own a 100% stake in Vietnamese companies. The decision, announced by government decree in June, will apply to most industries with the excepti...
Morning News Roundup: Vietnamese Start-Ups Have To Register Business Overseas
Another massacre in Vietnam as man kills 4; mental illness suspected [Thanh Nien] Saigon Port plans share sale to banks [Vietnam Plus] Controversial China rig completes drilling well near Vietnam co...
VND1.6 Billion Found In An Abandoned Air Blade
As of Friday last week, police were still unable to identify the owner of a mysterious Air Blade containing more than VND 1 billion, which was abandoned on a sidewalk in Hoa Binh province. Locals came...
Vung Tau to Offer Free WIFI on Popular Beach, Hydrofoil Pier
In addition to a revamped hydrofoil service, Vung Tau is installing free WIFI networks on its most popular beaches and its main hydrofoil pier.
Vietnam Considers Raising Taxes on Large Cars
In an effort to alleviate congestion on the country’s roads Vietnam’s Ministry of Finance has proposed levying higher taxes on some cars, while lowering others.
Weekend News Roundup: Rethink On Prostitution: Officials Say Vietnam Needs Legal Red-Light Districts
Vietnam loses $2.5 billion over oil price collapse [Tuoi Tre] Vietnamese website fined for publishing film inspired by horrible massacre [Tuoi Tre] Vietnamese tra fish enters Walmart in US [DTI]
Flying High: VietJet Is Going Public
Privately-owned VietJet Air is looking to take advantage of its recent success by holding a public offering by the end of the year.
Morning News Roundup: HCMC Plans $5.5 Billion For Transport Projects Through 2020
Vietjet's operational safety is now internationally ensured [Tuoi Tre] Vietnamese businesses ‘shy away’ from Thai market [VoV] Asian forex slips as China extends losses, Vietnam devalues curren...
Morning News Roundup: Vietnam Devalues Dong For Third Time In 2015 On Yuan Fallout
Vietnam spends over $4 billion to import animal feed [Vietnam Net] Experts warn against mass investment in waste incinerators [DTI] Health goods removed from Ha Noi drugstores [Vietnam News]
Phu Quoc Authorities Want to Wipe out Forests, Farmland for Development
Famous for its beautiful (and sometimes polluted) beaches, the island of Phu Quoc has become one of Vietnam’s most popular tourist destinations with arrivals increasing by 20% every year. As a result,...
[Video] Enraged Foreigner Confronts Vietnamese Driver On Hanoi Pedestrian Street
A video of a foreign man scolding a Vietnamese motorbike driver on a Hanoi walking street surfaced on the internet recently, sparking widespread debate on whether or not he was out of line.
Morning News Roundup: Ho Chi Minh City To Set Up Special Economic Zone
Vietnam ranks 12th for at-risk public debt [DTI] Ha Noi to cut jobs in state-funded organisations [Vietnam News] Universities nationwide increase working time to serve students [SGGP]
Former US Consulate Employee Imprisoned For Selling Visas At Up To $70,000
After years of investigation, a former State Department employee has been sentenced to 64 months in prison for his role in selling US visas to Vietnamese citizens who had previously been denied them f...
Morning News Roundup: VN Coffee Growers Near Bankruptcy
Vietnam's $2.6mln stall at Italy expo fixed 2 months after criticism [Thanh Nien] Vietnamese DJ listed among world’s top 50 [Vietnam Net] Vietnam is in top destination of South Korea’s investors&nbs...
Parking Space Prices Hit US$50,000 In Hanoi
High demand and low supply have resulted in astronomical costs for parking spaces in Hanoi, some of which exceed the cost of the cars themselves.
Weekend News Roundup: Government To Pursue $500.8M Museum Despite Funding Problems
Experts criticise uncontrolled Mekong crocodile breeding [Vietnam News] Government to pursue $500.8mln museum despite funding problems, criticisms [Thanh Nien] Foreign coloring books for adults...
Population Explosion: Hanoi Adding 200,000 New Residents Each Year
It’s no secret that the populations of Vietnam’s urban centers are quickly growing, but in Hanoi, this phenomenon is occurring at a rapid pace as the city adds 200,000 new residents each yea...
Morning News Roundup: Craft Beer Explodes In Saigon
Vietnam moves to weaken currency after China devaluation [Asian Correspondent] Craft beer explodes in Saigon [Thanh Nien] Vietnam’s deputy prime minister just got serious about startups [Tech i...
Morning News Roundup: Foreign Retailers Drive The Rise Of Convenience Stores In Vietnam
Vietnam Widens Dong’s Trading Band After China Devalues Yuan [Bloomberg] Dozens of houses owned by disgraced Vinashin official seized [DTI News] PM welcomes US Supreme Court Justice [...
[Video] Coffee Shop Owner, Seeking “Cool” Ride Drives Taxi Into Hanoi River
Last Friday afternoon, a Hanoi taxi driver parked his car to buy a drink at a roadside stall. A few minutes later, he found his vehicle submerged in a nearby river after the stall’s owner “borrowed” i...
