VIETNAM BUSINESS NEWS FEBRUARY 13

Almost all manufacturing, trading activities in HCMC resume

Local tourism sector may be set back seven years due to pandemic

Vietnam is expected to serve some 18 million international tourist arrivals and 85 million domestic ones by 2026 under a program on developing the local tourism sector during the 2022-2026 period.

Cold spell to cause temperatures to drop as the north faces frosty conditions

A strong cold spell is forecast to hit the country's northern and north-central regions starting from February 13, bringing with it spells of rain, frost, and a drop in temperatures to below six degrees Celsius in some mountainous areas.

Public investment in two expressways in the South

The Ministry of Transport has just submitted to the Prime Minister a pre-feasibility study report on two highway projects of Bien Hoa - Vung Tau and Chau Doc - Can Tho - Soc Trang.

Young artist repurposes traditional painting style

With an ambition to promote and preserve national traditions, a young artist in Hanoi is redesigning and giving traditional Hang Trong folk paintings a new life in her own style.

HCMC closely monitor foreign arrivals receiving home care

The Ho Chi Minh City Department of Health yesterday said that the city is closely monitoring arrivals from foreign countries in isolation at home to prevent infection of the Omicron variant.

Vietnam becomes an energy importer: Not a good sign

Vietnam has a wide range of domestic energy sources such as crude oil, coal, natural gas and hydroelectricity, which have played an important role in economic development for decades.

Labour market recovery looks toward flexible, safe adaptation

Although it is put under control, the fourth wave of the COVID-19 pandemic has hit all aspects of the social life, seriously affecting businesses and people.

13-year struggle ends with victory for Vietnamese investor

A 13-year confrontation between Vietnamese and foreign investors at a leading sweets manufacturing company has come to an end: the Vietnamese investor has acquired the entire company while the South Korean investor has left.

“Non-financial" solution a contributory factor to improving business environment

The COVID-19 pandemic has caused local firms to face an array of risks, with there being a large and possible long-lasting vulnerability for them.

Vietnam determinedly regulates petrol business activities

Functional units in many localities yesterday continued to pay unexpected visits to gas stations in order to examine trading activities there and handle any possible hoarding, which is supposed to happen lately due to instability in input fuel price.

Almost all manufacturing, trading activities in HCMC resume

HCMC has seen almost all manufacturing enterprises resume after the Covid pandemic and operate at over 95% capacity.

Hanoi amongst top five ideal destinations for Valentine’s Day

The beauty of Hanoi in late Spring when the peach blossoms and banyan flowers turn the streets white and purple may color the memorable trips of couples for the Valentine season of 2022.

“Non-financial" solution a contributory factor to improving business environment

The COVID-19 pandemic has caused local firms to face an array of risks, with there being a large and possible long-lasting vulnerability for them.

Student overcomes adversity to excel at math

Having to get up before dawn to help his mother with housework and tutor his younger sister, the 12th grader at Hung Yen High School still spends 8-12 hours a day to learn his lessons.

Discarded fruit peels recycled into valuable products

Many types of fruit peels, considered such as cocoa and shrimp shells and rice husks, can be processed into useful products, thus increasing product value, regenerating resources, and protecting the environment.

It’s time for Vietnam to begin pilot study on cryptocurrency: expert

The Prime Minister has assigned the State Bank of Vietnam (SBV) to study and try to use a cryptocurrency based on blockchain technology as a part of a strategy on e-government in 2021-2025.

Reform lessons: when ministries, branches take decisive action

Maintaining a high ranking and improving electricity access scores continue to be the mission of the reform program.

Craftsman preserves Hang Trong paintings for 60 years

Hang Trong painting, a genre of Vietnamese woodcut paintings originating in the Old Quarter in Hanoi serves as “food for the mind”. The art form had been nearly lost, but one man is trying to preserve the traditional folk painting.

Female doctor passionate in discovering plants’ secret

"Why do plants use water, light and air to produce compounds that have the potential to treat complex diseases like cancer?" 

 

Haiphong proposal for second airport approved

PM Pham Minh Chinh has just approved a proposal from Haiphong authorities on developing Tien Lang Airport, which would be its second international airport following Cat Bi, in order to serve the city's socio-economic development.

Petroleum speculation task force set up

The Ministry of Industry and Trade has set up a business activity task force to prevent petroleum speculation.

HCM City’s 1st metro line to start trials by year-end

HCM City’s metro line No 1 between Ben Thanh Market in District 1 and Suoi Tien Theme Park in Thủ Đức city will start trial operations by December 31 this year.

Some forecasts of Vietnam’s economy in 2022

Vietnam’s GDP growth this year may be over 6.5% if high global inflation can be harnessed, the roadmap of the U.S. Federal Reserve (Fed)’s interest rate raises is on schedule and economies worldwide are fully open.

Over 463,000 users of Mobile Money service reported nationwide

More than 463,000 people have used Mobile Money as of February 11, over one month after Viettel and VNPT launched the cashless payment service, according to the Ministry of Information and Communications.