Famous Vietnamese businesspeople born in the Year of the Tiger

Famous businesspeople Doan Nguyen Duc, Do Quang Hien, Nguyen Duc Huong and Huynh Bich Ngoc were all born in 1962, the Year of the Tiger.

Japanese firm seeks to invest in biomass power in Vietnam

A leader of Japan’s power producer EREX said the corporation is seeking to invest in biomass power in Vietnam, which holds great potential for biomass power development.

Pilates a new fitness trend in HCM City

Pilates have over the past few months emerged as a new fitness trend in HCM City.  The exercise is a form of low-impact work-out that aims to strengthen muscles while improving posture and flexibility. 

CDC directors claim ‘clean hands’ but all have been charged

Three CDC directors of Nghe An, Bac Giang and Thua Thien - Hue said they were innocent and denied having had relations with Viet A Company. But they all have been found involved in the scandal.

Petrol price hike deals blow to business recovery efforts

Domestic petrol prices have hit an eight-year record high following the latest price adjustments made on February 21, dealing a heavy blow to ongoing recovery efforts of firms that have borne the brunt of the prolonged COVID-19 pandemic.

Tourism reopening: travel firms thirsty for workers

The demand for workers is increasing in the tourism sector as Vietnam prepares for full tourism reopening from March 15. However, it’s very difficult to recruit workers at this time.

COVID-19 rapid test kits in high demand as infections skyrocket

The number of positive COVID-19 cases in the capital of Hanoi has hit a new record high, resulting in a surge in demand for mixed rapid test kits and medicine over recent days.

First ecosystem to protect music copyright on internet debuts

The Music Copyrights Management Online Joint Stock Company (MCM Online) launched an ecosystem on February 22 as part of efforts to protect music copyright on the internet, the first of its kind in Vietnam.

HCM City randomly conduct genome sequencing for Omicron variant

Ho Chi Minh City is randomly conducting genome sequencing of positive test samples for the emergence of the Omicron variant in the community, said an official of the municipal Department of Health.

Samsung supports smart factory development in Vietnam

The Ministry of Industry and Trade and Samsung Vietnam on February 22 signed a Memorandum of Understanding on cooperation in smart factory development.

VIETNAM NEWS HEADLINES FEBRUARY 22

Quarantine for fully vaccinated COVID-19 contacts shortened to five days

 

Int’l air routes to 20 countries, territories reopened

Vietnam has so far reopened air routes to 20 countries and territories, compared to 28 in the 2019 winter flight schedule before the COVID-19 pandemic broke out, a transport official has said.

VIETNAM BUSINESS NEWS FEBRUARY 22

Export-import turnover hits $21.41 bln in first half of February

 

Oil price may hit 120 USD/barrel, Vietnam to face challenges

Oil prices have increased sharply in recent days following the tension between Russia and the West over Ukraine. The high price of oil and fears of an escalation of war have hit commodity and financial markets.

 

Southern city acquaints visitors with traditional art forms

A programme to entertain tourists with several genres of traditional music like tai tu, vong co and cai luong has been launched in Can Tho City.

Farming pearls from mussels a potential industry for Vietnam

Raising mussels for pearls could be a promising industry in Vietnam, thanks to favourable weather conditions, long coastlines and warm seas, said the Standing Vice Chairman of Vietnam Fishery Association Nguyen Chu Hoi.

Top Vietnamese rappers ready to join Blockchain

The top three rappers in Vietnam, LK, Datmaniac and B Ray, have joined the blockchain world. In addition, many other big names in the Vietnamese music industry have negotiated with partners to release NFTs in the near future.

Vietnam remains attractive medium and long-term investment destination

Japanese businesses view the Vietnamese market an attractive investment destination in the medium and long run, according to Toru Aguin, chief representative of Japan Bank for International Cooperation (JBIC) in Vietnam.

Business stories: owners pocket more money

The wife of billionaire Tran Dinh Long has added her name to the list of top 10 stock billionaires. Luong Thi Cam Tu has been appointed as Chair of Eximbank. Boss Duc’s businesses face compulsory delisting. Top business stories:

Vietnam sets up committee on 6G research and development

The Ministry of Information and Communications has set up a steering committee on research and development of the sixth-generation mobile information technology.

New era of Vietnamese cartoons wins young hearts

Though 2021 posed a year of challenges due to the COVID-19 pandemic, the nation’s animation industry went from strength to strength, receiving an abundance of awards and millions of hits on YouTube.

Environmental working group proposes carbon trading system

The Vietnam Business Forum (VBF) Environment Working Group proposed developing an emissions trading system (ETS) and a carbon credit market.

VN likely to be upgraded to an emerging market after KRX system installed

Experts believe that once the KRX trading system begins official operations, many international organisations will re-evaluate the Vietnamese market to upgrade it to an emerging market.

Domestic businesses redraw Vietnam's retail map

Vietnam's retail market has recently recorded strong growth and its excitement is also reflected via the successful deals of injecting capital from foreign investors into potential domestic retailers.

 

Many candidates for professorship title in economics face denouncement

A group of scientists has sent a letter of denunciation to the State Professorship Council, naming some candidates who published articles in so-called predators.