Vietnamese investors, contractors struggle due to higher steel price

Although local iron and steel prices have dropped, they are still at high rates, up 1.7 times compared to the end of 2020, causing investors and construction contractors to suffer.

Vietnamese dancer killed in Egypt

Egypt’s prosecution agency on July 26 sent a document to the Vietnamese Embassy in Egypt asking for coordination to verify the death of a Vietnamese dancer.

Vietnam at Tokyo Olympics: Thuy Linh and Anh Vien bag no medals

Badminton player Nguyen Thuy Linh lost to Chinese Taipei's Tai Tzu-ying and swimmer Nguyen Thi Anh Vien was eliminated from the women’s 200m freestyle event on July 26, the third official day of Tokyo Olympics.

Vietnam drafting another $1 billion bailout package

Vietnam continues to extend tax and fee exemptions amid the ongoing pandemic, with a new VND24 trillion ($1.04 billion) bailout package in the making.

Health Ministry withdraws dispatch on 26 traditional medicine products for Covid-19 treatment

The Ministry of Health on July 26 decided to withdraw dispatch 5944 only two days after its issuance because of inappropriate content.

Thousands of people drive motorbikes from epidemic-hit areas to Central Highlands

Within five days, nearly 12,000 people from Ho Chi Minh City and the southern provinces affected by the Covid-19 pandemic rode motorbikes back to the Central Highlands provinces of Dak Lak and Dak Nong to avoid the disease.

Hanoians do morning exercise at midnight to dodge inspectors

On the third day Hanoi implemented social distancing measures, VietNamNet reporters observed people who did morning exercises at public sites at midnight and early morning to avoid inspectors.

Vietnam announces 154 more Covid-19-related deaths

So far, Vietnam has had a total of 524 deaths related to Covid-19, accounting for 0.52% of the total number of infections (101,173 positive cases).

 

Sword Lake and Hanoi Old Quarter sprayed with disinfectant

On July 26, soldiers of the Capital Command and the Chemical Army sprayed disinfectant in the Hanoi Old Quarter 10 and other wards in Hanoi’s center.

Strong winds, rains kill 2 in Mekong Delta, destroy houses, trees

One person each in Ca Mau and Vinh Long provinces died in strong winds and heavy rains in the Cuu Long (Mekong) Delta in recent days as they flattened houses and trees and destroyed crops.

PM earmarks nearly $67.5 million for COVID-19 fight

The Prime Minister has decided to allocate over 1.55 trillion VND (nearly 67.5 million USD) from the State budget this year to the Ministry of National Defence to combat COVID-19.

Pham Minh Chinh re-elected as Prime Minister for 2021-2026

Pham Minh Chinh was elected as Prime Minister of Vietnam for the 2021-2026 tenure on July 26 during the first session of the 15th National Assembly in Hanoi.

VIETNAM BUSINESS NEWS JULY 26

Securities firms cautious on directionless stock market

Hanoi Secretary: if disciplined not tightened, 15 social distancing days will be wasted

Hanoi Party Committee Secretary Dinh Tien Dung warned that the city needs to tighten discipline or it will waste the 15 days of social distancing mandated because of the Covid-19 outbreak.

Three ministers discuss goods supply and support for enterprises at NA session

The ministers of Finance, Planning and Investment, and Industry and Trade talked about measures to help people and enterprises overcome difficulties at a National Assembly discussion session on July 25.

Provinces organize trains and flights to take people back to hometowns from HCM City

Provinces have begun organizing trips to carry their citizens from HCMC back to their hometowns.

Nearly 500 wild animals illegally traded rescued this year

As many as 447 wild animals were rescued in Vietnam in the first six months of the year, according to Education for Nature Vietnam (ENV).

Vietnam joins global peers in developing digital money

Virtual currency is a new concept in Vietnam. There are many different and confusing names in the market such as virtual money, electronic money, digital currency and cryptocurrency.

 

Sending parents to nursing homes

"Young children depend on their father, but when they get old, who will they rely on? This is a matter of controversy in Vietnam.

Vietnamese goods to increase presence on foreign shelves

More Vietnamese goods are available on foreign supermarket shelves but enterprises still need to overcome a number of challenges if they want to enhance their brand image.

HCM City factories seek to remain open by complying with COVID-prevention regime

Many HCM City companies that had to close down after some workers were found to be infected with COVID-19 have got approval to reopen after their on-site lodging facilities for workers and epidemic prevention plans were verified.

NA talks socio-economic development for 2021 to 2025

The 15th National Assembly (NA) on Sunday discussed the implementation of the socio-economic development and State budget plans for the first six months of the year.

CMC aims for quadruple growth by 2025

CMC announced business results in the financial year 2020, appointed a CEO and set out goals and challenges to be realized by big moves in the 2021-2025 strategy at its Annual General Meeting of Shareholders on July 21.

MB Group likely to reach US$5 billion in revenue by 2026

Accelerating digital transformation and improving technology infrastructure capacity are key to MB Group’s strategic goals for the new period.