Vietnam wants foreign investors to buy stakes in local financial institutions to support measures this year to restructure the local banking system, a senior banking official said.

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Fake seasoning factory raided ahead of Tet

Police in Thanh Hoa Province have pulled off the biggest ever raid on a food seasoning and additives factory using MSG and other seasonings of dubious origin.

Owner suddenly shuts factory, workers unpaid

Some 150 workers at Bay Nguyet Garment Company Ltd have been abandoned by their boss, who has disappeared owing them hundreds of millions of VND in unpaid wages.

Airport staff arrested in fuel theft ring

Ground crew at Tan Son Nhat Airport have been arrested in connection with the theft of thousands of litres of aviation fuel amid a crackdown by the Minister of Transport.

Animal rights activists demand end to Bac Ninh pig slaughter

The Animals Asia Foundation has launched a campaign to stop Bac Ninh Province's traditional pig slaughter during Nem Thuong Festival amid growing official concern about the barbarity of the practice.

Vietnam-EU celebrate 25th anniversary of ties

The EU and Vietnam are celebrating the 25th anniversary of the establishment of diplomatic relations in 2015.