News

The risk of money laundering in Viet Nam was at "an average level", according to a State Bank of Viet Nam (SBV) report released on Wednesday.

HCMC – The strong rise of oil and gas stocks and the positive contribution of some large caps spurred the index on the southern bourse to the highest level of the day today, May 14, beating the strong resistance level of 960 points.

CAN THO – Long My Phat Sugarcane and Sugar Company has been determined as the main cause of pollution in the Cai Lon River, which flows through Long My District and Long My Town in the Mekong Delta province of Hau Giang.

HCMC – Royal Caribbean Cruise Line has refuted a source saying that the ship operator had agreed to lease a cruise ship to a travel agency or individual to organize a cruise, departing from Halong to Hong Kong, for a group of some 3,000 Vietnamese tourists.

HCMC - The Asian Development Bank (ADB) on May 14 announced that it has received US$20.2 million from the Women Entrepreneurs Finance Initiative (We-Fi) to support women-led small and medium-sized enterprises, providing access to critical financing and training in Vietnam and the Pacific.

HCMC – Vietnam air carriers have been applying multiple new regulations on surcharges since the beginning of May, resulting in a rise in airfares.

The Vietnamese cosmetics market has grown strongly in recent years given the rapid economic growth and large young population, the Viet Nam Association of Essential Oils, Aromatherapy and Cosmetics has said.

Shares in Asia were mostly higher in Wednesday morning trade following an earlier slump this week amid escalating tensions on the U.S.-China trade front.

 Viet Nam needs to adjust its development strategy for the mechanical engineering industry to ensure it develops sustainably.