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According to the report, between 2009 and May this year, the police found 53.5 traffic violations and issued fines of VND24 trillion (USD1.1 billion); revoked 3.4 million driving licenses and detained 15.3 million vehicles. The report showed the number of private vehicles increased by 10-15% annually in the big cities of Hanoi, HCM City, Haiphong and Danang. By April this year, some 4.1 million cars and 60 million motorbikes were registered nationwide. Over the past decade, the country witnessed 326,299 road traffic accidents, killing 97,721 people and wounding 329,756 others. “Nearly 10,000 people in Vietnam die of traffic accidents every year on average with the majority of them of working age,” the ministry said. As many as 18,736 traffic accidents occurred in Vietnam in 2018, leaving 8,248 dead and 14,802 injured. The country has set a target to cut the number of traffic accidents, deaths and injuries by 5-10% this year. … [Read more...] about Traffic accidents kill nearly 100,000 people in Vietnam

Finally, as the standard of living is improving around Vietnam, the need for consumer durable loans and two-wheeler loans issued at the point-of-sale (POS) continues to grow steadily. FE CREDIT’s total loans at POS make up 9 per cent of the total loan book and grew nearly 10 per cent vs. the first quarter. It has captured the increase in market demand by boosting strategic partnerships with leading retailers who make up the bulk of the home appliances and two-wheeler sales in Vietnam. … [Read more...] about BUSINESS NEWS OCTOBER 11

The Vietnam Association of Seafood Exporters and Producers (VASEP) said the US and Europe have the largest demands for tuna. A survey by US-based firm Tri Marine, which is now owned by Italy’s Bolton Group showed that canned tuna, which is a key export item of Vietnam, is favoured over other tuna products in the US market. … [Read more...] about BUSINESS NEWS OCTOBER 12

In 1911, he came here in the journey to salvage the nation. In 1946, he returned as the leader of a newly independent nation. In 1958, he visited Kolkata as the President of the young Democratic Republic of Việt Nam in the process of overcoming the consequences of war, building and fighting to unify the country. … [Read more...] about Vietnam – India culture and tourism: Chicken lays golden eggs

On behalf of the Political Bureau, Pham Minh Chinh, Politburo member, Secretary of the Party Central Committee and Chairman of the Party Central Committee’s Organisation Commission, presented the Political Bureau’s acquirement and explanation report on ideas discussed by the Party Central Committee on the draft report reviewing the implementation of Party building work and enforcement of the Party Statute of the 12th term. … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13