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Rubber industry losses continue
The figures released by the General Department of Customs (GDC) show significant problems for Vietnam’s rubber industry: the more it exports, the less money it gets.
A peaceful fishing village in Vung Tau
Discover ancient fishing villages in the southern city of Vung Tau, with the unique culture of the local fishermen and the salty taste of their life.
Earning a living at Hanoi landfill at night
At 3am every day, hundreds of people gather at Nam Son landfill in Soc Son district, Hanoi to search for scrap and other items that can be sold.
State gives approval for big players to dominate automobile market
If new suggestions by state management agencies receive approval, the automobile market is expected to benefit bigger dealers.
Exports down, revenue shrinks
Vietnam’s export growth rate was modest at 5.7% in the first half of 2016, the lowest in the last five years. This has raised concerns that the 6.7% GDP growth rate may be unattainable, while state budget revenue will shrink.
Vietnam considers buying electricity from Laos to ease reliance on China
Vietnam may import electricity from Laos to minimize the risks from relying on Chinese imports and to offset supply shortages caused by cutting off power sources which pollute the environment.
PetroVietnam anticipates it will have to cover Nghi Son losses
The national oil & gas group PetroVietnam may have to spend more than US$2 billion, or VND40 trillion, to cover losses from the Nghi Son petrochemistry and refinery complex.
My Son Holy Land, site of the Champa culture
Champa culture had great influences on Vietnam’s cultural values of significance. The former capital of the Champa Kingdom from 4th to 15th century was My Son Sanctuary in Quang Nam province, central Vietnam.
Vietnam seeks ways to earn more from tourists
Vietnam should learn from the tourism industry of Thailand, Malaysia, Singapore or China, says Deputy Prime Minister Vuong Dinh Hue.
Vietnamese keen on traveling abroad
Vietnam, with increasingly high income per capita, has become an attractive market targeted by foreign travel firms.