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Author Archives: vivian

Trade ministry seeks ways to back local steel makers

The Ministry of Industry and Trade will continue taking trade remedies in line with regulations of the World Trade Organization (WTO) and free trade agreements to protect local steel producers from the fierce competition of imported products, according to news website Vietnamplus. The Ministry of Industry and Trade will continue taking trade remedies to protect ... Read More »

Seven wonders take bloom at Ha Long flower festival

Visitors to Ha Long will be able to enjoy the natural wonders of the world recreated in fresh flower displays at the flower festival in Ha Long city in the northern province of Quang Ninh from January 27 to February 20. The event is part of the diverse activities held in preparation for the Lunar New Year festival (Tet) organised ... Read More »

Places of interest for weekend in HCMC

Following are a couple of weekend destinations which might be of interest to visitors during the weekend break. HCMC Exhibition House: 92 Le Thanh Ton Street, District 1 HCMC Exhibition House More than 92 paintings by 19 artists of HCMC-based 5P Artist Club will be on display at a painting exhibition titled “A Moment of Spring” at the HCMC Exhibition ... Read More »

HCMC street cleaners quit because of low pay

VietNamNet Bridge – Many street cleaners in HCM City have quit their jobs because of the hard work – and wages and bonuses that tend to decline year-by-year, Tuoi Tre (Youth) newspaper reported. Drainage workers in HCM City remove waste from sewers on Nguyen Huu Canh Street in Binh Thanh District. — VNA/VNS Photo An Hieu The cleaners, described by ... Read More »

Sales down, motorbike manufacturers try to win niche markets

VietNamNet Bridge – In the face of rapid expansion of well-known brands, less strong brands such as Suzuki, Piaggio, SYM and Kymco are targeting niche markets to improve sales. The market is controlled by two big players The Vietnamese motorbike market is controlled by two big players – Honda and Yamaha from Japan.  Suzuki, one of the four biggest Japanese ... Read More »

First 2km of Ben Thanh-Suoi Tien metro line No 1 installed

The first 2kmof the 20km metro line No 1 rail track stretching from Ben Thanh market to Suoi Tien Theme Park in HCM City has been installed.     Upon completion of the frame for the metro tunnel, Japanese contractor Hitachi begins to install the 20km track for Ben Thanh-Suoi Tien metro line No 1.     Two sections of ... Read More »

Rubber giant plans IPO, exchange listing

Viet Nam Rubber Group is expected to list its shares on the HCM Stock Exchange in June or July after its initial public offering on February 2. Pham Van Thanh, head of VRG’s planning and investment department, revealed the IPO road map at an event yesterday. The corporation will auction 475 million shares, equivalent to 11.88 per cent of its ... Read More »

Government continues paring down business and investment conditions

In a bid to create a more business-friendly climate and attract more investment, the Vietnamese government will continue truncating thousands of business and investment procedures, which have been undermining investors’ and enterprises’ performance. Prime Minister Nguyen Xuan Phuc said that he expected Vietnam to become “a new Asian economic tiger,” and this year will see a record number of 150,000 ... Read More »

Grab and Uber drivers’ honeymoon finds bitter end

After enjoying a ‘honeymoon’ of numerous attractive incentives for a short time, drivers of both Grab and Uber are taking to the streets to protest against both Uber and Grab increasing commissions and cutting allowances, while the driver volume increases rapidly. According to Nguyen Nam from Hanoi’s Hoang Mai District, he started working for Uber one year ago, when the ... Read More »