A list of the best and worst regulations of 2016 compiled by the Vietnam Chamber of Commerce and Industry (VCCI) has been received by concerned ministries with varying degrees of acknowledgement and skepticism.

The Prime Minister recently ratified a project to stimulate non-cash transactions in 2016-20 with a view to reducing the cash transactions rate to under 10%.

Nguyen Thi Luyen of Vietnam won a bronze medal at the Asian Junior and Cadet Fencing Championships in Thailand.

The Ministry of Finance has announced that the maximum level of Government guarantees for a programme or project has been reduced to 70% from 80%.

The export of wood and wood products is expected to fetch US$8 billion this year, up from US$7.3 billion last year.

Most local companies have shown optimism about business results in 2016, providing momentum for further growth in 2017.

The Asian Volleyball Confederation has chosen Vietnam to host the Asian Men’s Club Volleyball Cup this year.

Dang Nhat Minh recently received Licorne d’Or d’Honneur (Golden Unicorn Award) at the 36th Amiens International Film Festival (FIFAM) for his life-long contribution to filmmaking. 

No 4 seed pair Ly Hoang Nam and Sun Fajing lost 6-7 (5), 6-3, 7-10 to wildcard holders Bai Yan and Cai Zhao in a surprising defeat at the ongoing China F3 Men’s Futures tennis tournament’s first round in Anning City.

Commercial banks can offer loans at preferential interest rate of less than 7% per year for high-tech agriculture projects.