VIETNAM BUSINESS NEWS MAY 25

FDI disbursement rises 6.8% despite COVID-19 threats

VIETNAM NEWS HEADLINES MAY 25

Bac Ninh asks residents to stay home after 8:00 p.m.

Hard-hit bsinesses still paying high interest on loans

The latest Covid-19 outbreak has pushed enterprises into new difficulties at a time when it is nearly impossible to access cheap capital sources.

OVs in Germany pin high hopes on new parliament

Vietnamese expatriates in Germany commended the contributions by the 14th-tenure National Assembly to the national development, and pinned high hopes on the new parliament.

PM suggests forming COVID-19 vaccine fund

Prime Minister Pham Minh Chinh on May 24 suggested establishing a COVID-19 vaccine fund to mobilise resources for the country’s vaccine strategy.

President holds phone talks with top Chinese leader

President Nguyen Xuan Phuc and Chinese Party General Secretary and State President Xi Jinping affirmed the significance of the Vietnam-China relationship in each country’s foreign policy during their phone talks on May 24.

Hanoi shuts down on-site restaurants, hair salons

Hanoi starts shutting down all food and beverage establishments as well as hair salons and beauty parlors from 12:00 on May 25 so as to contain the spread of the coronavirus SARS-CoV-2 which causes COVID-19.

HCM City issues instruction to prevent soaring land prices

HCM City authorities have instructed districts to take urgent action to prevent speculators from exploiting the news about urban development planning.

Vietnam condemns deliberate attacks against peacekeepers in UNSC open debate

Ambassador Dang Dinh Quy, Permanent Representative of Vietnam to the UN, condemned deliberate attacks targeting UN peacekeepers during an UN Security Council (UNSC) open debate via video teleconference (VTC) on May 24.

Bus full of plush toys stands out in Saigon

Bus 146 adorned with cute stuffed animals has lightened passengers' moods for over the past year in Saigon.

Foreigner starts company that makes new kind of motorbike lock in Vietnam

Robert Thorwath, who has been living and working in Vietnam for six years, has invented a special lock for motorcycles.

Daily life of naval soldiers in Truong Sa island district

For naval soldiers in Truong Sa (Spratly) island district, Khanh Hoa Province, 'island is home and sea is homeland'. 

Foreign authors release bilingual comic on Vietnamese children

A bilingual Vietnamese-English comic book entitled "The Lost Sandal" has been introduced to Vietnamese readers, a joint product of Belgian author Geralda De Vos and Swedish illustrator Sofia Holt, who are both living and working in Vietnam.

Finance Ministry considering easing tax burden on individual landlords

The General Department of Taxation under the Ministry of Finance is studying a proposal on increasing the threshold of taxable revenue for individual landlords renting out houses.

Tourism sector suffers another hit from recent Covid outbreak

Businesses have sustained a new blow from the fourth recurrence of Covid-19.

Young indie bands are top trendsetters in Vietnam's music scene

Vietnamese music in recent years has become more diverse with the appearance of many young bands with creative styles and unique musical identities.

Heineken® x Top DJs present Vietnamese with exclusive “Music in a can” experience

This May, Heineken® has collaborated with electronic dance music (EDM) legends Tiësto, Dimitri Vegas & Like Mike, KSHMR and Quintino to launch limited edition Heineken® x Top DJ packs and a series of exciting consumer activities to follow.

Rising market exits highlight need for more policy support to survive COVID-19

Vietnam is urged to press on with tax reforms while ensuring stability and providing more supporting policies for businesses to help them weather the COVID-19 storm.

KPIs for National Assembly deputies considered

The National Assembly should study and develop a set of key performance indicators (KPIs) of delegates, including qualitative and quantitative values.

Transport sector faces numerous difficulties due to COVID-19

Bus companies, railway and airline firms have been struggling to survive amid the impacts of COVID-19 for a year and a half.

Vegetables, fruits made of clay look surprisingly real

The vegetables and fruits that Nguyen Thi Nhu Quynh posts on her Facebook page are made of clay but look just like the real thing.

Vietnamese earn VND4.23 million, spend VND2.89 million per month: survey

The Vietnam General Statistics Office has released information on the Population Living Standards Survey 2020, conducted in 63 provinces throughout the nation, covering 46,995 households.

Hanoians need more public spaces

In recent years, Hanoi authorities have focused on forming many new residential areas and expanding transport infrastructure to meet the rapid speed of urbanisation and population growth.

HCM City considers museum system to boost tourism

HCM City needs to consider the creation of a museum system as an important aspect of the city's cultural development, according to a report in Người Lao Động (Labourer) newspaper.

More earthquakes reported in Central Highlands region

More than 30 earthquakes have occurred in the Central Highlands province of Kon Tum over the past month with the strongest measuring 3.9 on the Richter Scale.