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The fruits of recovery

After three months of residents being locked down at home, Hanoi has lowered its coronavirus alert mode a level. Public exercising is allowed again, provided it is no more than 10 people in a group. 

HCMC announces Directive 18 on gradual economic recovery

Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai on October 1 signed Directive No. 18 on continued prevention and control measures against Covid-19 and gradual economic recovery.

Workers invited to stay in HCMC for economic recovery

Laborers are invited to stay in Ho Chi Minh City for economic recovery after the fourth wave of coronavirus pandemic in the southern metropolis.

Government resolved to create new momentum for economic growth: PM

The Government is resolved to step up measures to create new momentum, and speed up the disbursement of public investments to spur economic growth in the last quarter of this year, PM Pham Minh Chinh said at a Cabinet meeting on October 2.

VIETNAM BUSINESS NEWS OCTOBER 3

Vietnam, US reach agreement to end timber trade probe

Millions of US dollars poured into green growth projects

Capital flows into green growth projects have still seen positive signals despite adverse impacts from the COVID-19 pandemic on foreign direct investment (FDI) in Vietnam.

Vietnam likely to attain trade surplus in 2021

Vietnam is in a favorable condition to take advantage of free trade agreements (FTA) that the country is a part of, as well as growing global demand in the late-year shopping season.

Renovation of old apartment buildings must keep social cohesion: experts

The old apartment buildings represent one of the architectural landmarks in Hanoi's history, telling people the historical story of the capital city.

Students in more than 10 provinces and cities exempted from tuition

Over 10 provinces and cities in Vietnam have decided to exempt part of or full tuition fees for students.

The first solo exhibition of a Vietnamese artist in Italy

The exhibition titled Soul Energy by Vietnamese artist Henry Le will take place from October 2-12, 2021 at Arsenale Nord Tesa 99, Italy.

Another storm may appear in the East Sea next week

A tropical depression forecasted to appear in the East Sea is likely to become a storm.

Some 54 million Covid vaccine doses set to arrive in Vietnam in Oct

Vietnam will receive 54 million doses of Covid-19 vaccines in October, Deputy Minister of Health Do Xuan Tuyen told an anti-virus meeting with 12 southwestern provinces. 

Inefficient recycling of plastics costs Vietnam US$2.2-2.9 billion a year

Some 2.62 million tons of plastics in Vietnam are disposed of per year, that is, not recycled, resulting in a waste of 75% of the material value of plastics, which is equivalent to US$2.2 billion to US$2.9 billion per year.

Key policies take effect from October 2021

A string of fresh policies on subsidies for employees and employers affected by COVID-19, assistance for SMEs, tuition fee cuts for students shall come into effect from October 2021.

Village roads filled with postharvest straw

People in suburban areas of Hanoi have commenced the summer-autumn rice harvest. The village roads are now being filled with postharvest straw, creating a typical idyllic scene of autumn in the northern region.

HCM City to resume buses, taxis, tech-based cars from Oct 5

HCMC has allowed buses, taxis, passenger cars and tech-based vehicles with fewer than nine seats each to resume their operations from October 5. 

No price hike on power bill until the end of the year: MoIT

There will be no increase in electricity prices from now until the end of the year, the Ministry of Industry and Trade (MoIT) - the country's power regulator - announced yesterday during the ministry's monthly press conference.

 

Government's efforts to build a resilient recovery

Data from the General Statistics Office (GSO) showed that in August, the number of firms leaving the market was higher than newly-established ones. 

Vietnam arrive Dubai for World Cup qualifying match against China

Vietnam's national football team landed the UAE on October 1 ahead of their 2022 World Cup qualifier against China in a week's time.

Gym, spa owners lose billions of dong during Covid-19

The health and beauty industry has been seriously hit throughout the four Covid-19 waves. Many owners of gyms and spas worth billions of dong have had serious losses.

2021 Vietnam Days in Switzerland to promote can’t-miss landscapes of Vietnam

Vietnam’s resilience, friendliness along with beautiful landscapes and culture will be introduced at the 2021 Vietnam Days in Switzerland programme scheduled to begin on October 9.

VIETNAM NEWS HEADLINES OCTOBER 2

Fight against IUU fishing: violations strictly handled

Securities market attracts $12.8 billion, up 12% in 9 months

Vietnam’s stock market mobilised total capital of VND292.1 trillion (US$12.8 billion) in the first nine months of this year, up 12 per cent compared to the previous year.

 

VIETNAM BUSINESS NEWS OCTOBER 2

Shares ended lower due to sell-off in bank stocks

Disciplinary measures against Standing Board of Vietnam Coast Guard’s Party Committee

The Secretariat of the Party Central Committee on October 1 looked into disciplinary measures against the Standing Board of the Party Committee of the Vietnam Coast Guard in the 2015-2020 tenure and a number of individuals for their violations.