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Tag Archives: Vietnam

Vietnam’s nascent rave scene reeling after drug deaths

Booming numbers of hard-partying youngsters have put Vietnam onto the EDM map in recent years.

After Hanoi suspended all music festivals following a severe overdose case, many are fearing of a premature death for Vietnam’s EDM scene. Days after seven people died after taking a cocktail of drugs at an electronic music festival, their peers partied on at a sweaty Hanoi nightclub, hoping tragedy does …

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Driving licences in Vietnam might take demerit point system

A police officer fines a traffic violator in HCM City. The Traffic Police Department under the Ministry of Public Security is studying a demerit point system in traffic management.

The Traffic Police Department under the Ministry of Public Security is considering punishing traffic violators with demerit points as part of an effort to enhance compliance with regulations. This was one of the department’s proposals for amendments to the Law on Road Traffic, said Do Thanh Binh, the department’s deputy …

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Vietnam police bust $25 mln online gambling ring

Members of the gambling arrested in Quang Nam Province.

Police in central Vietnam have busted an online gambling ring worth over VND600 billion ($25.7 million) and arrested seven suspects. Quang Nam Province Police said Monday that Hoang Quoc Viet, 37, had formed the ring after contacting other members, all men between 28 and 33 years of age. Investigation found …

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Vietnam urged to use Hong Kong to extend international reach

Hong Kong Financial Secretary Paul Chan at the In Style Hong Kong Expo held at the GEM Center in Saigon last Thursday.

Vietnamese firms can overcome their internal limitations by doing business in and with Hong Kong, experts say. Paul Chan, Hong Kong’s financial secretary, said the territory presents many business opportunities that Vietnamese firms can tap in order to expand their markets in Asia and other continents. Addressing the In Style …

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Viettel Global to list 2.24 billion plus shares

A Myanmar fisherman using Viettel Global's Mytel mobile service.

More than 2.24 billion Viettel Global shares will make their debut on Hanoi’s unlisted public company market, UPCoM, on Tuesday. The shares of Viettel Global Investment Joint Stock Company, with the sticker VGI, will be traded on the UPCoM at a floor price of VND15,000 ($0.65) per unit. Viettel Global …

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Vietnam raises wind power price to encourage development

Wind power system in Binh Thuan province

The Government has recently decided to increase price of wind power to encourage the development of this energy after eight years imposing the Feed in Tariff (Fit) of 7.8 US cent/kWh, which is said to be too low for investors to overcome perceived risks. Under the Prime Minister’s Decision No.39/2018/QD-TTg, …

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