HCMC draws up plan to prohibit passenger cars from entering inner city

Under a draft plan opened by the HCM City Transport Department for public opinion, the plan on prohibiting passenger cars from entering the inner city will be implemented in two stages.

Coach Chung to lead national women's team until end of 2023

The Vietnam Football Federation (VFF) and coach Mai Duc Chung have agreed to extend their contract for another year.

Ministry plans to add “place of birth” to new passport version

The Ministry of Public Security (MPS) is planning to add the “place of birth” to the new passport version to facilitate citizens’ seeking of visas to the Schengen countries.

Ministry urges to speed up vaccination for children for safe school opening

Safely opening schools is dependent on every child being vaccinated against Covid-19. However, according to the assessment of the Ministry of Health, the actual rate of Covid-19 vaccination coverage for children is still low.

Vietnam Airlines plans to sell aircraft to cut losses

Vietnam Airlines plans to restructure its assets and investment portfolio, and issue new shares to increase its equity, including selling aircraft to decrease losses and negative equity.

MFN tariff on gasoline lowered to 10%

The Government has given the nod to halve the most-favored-nation (MFN) import tariff on unleaded gasoline to 10% from the current 20%.

Vietnam spends $5 billion on coal imports

In the first seven months of this year, Vietnam spent over $5 billion to import coal for thermal power plants, up 123 per cent on-year.

Vietnam's futsal team has new coach

The Vietnam Football Federation (VFF) held a ceremony in Hanoi on August 9 to introduce Giustozzi Diego Raul as the new head coach of the Vietnamese national futsal team.

Da Lat Flower Festival 2022 to last two months, with 51 events

The ninth Da Lat Flower Festival will be held in the Central Highlands province of Lam Dong from November to late December, with 51 attractive events, according to a plan recently announced by the provincial People’s Committee.

VIETNAM NEWS HEADLINES AUGUST 9

Tropical depression intensifies into storm toward north

Ministry urges localities to set up teams to catch rabid, stray dogs

The Ministry of Agriculture and Rural Development (MARD) has urged cities and provinces nationwide to set up teams to catch stray dogs in an attempt of curbing dog bite-related fatalities and better managing rabies among domestic dogs and cats.

VIETNAM BUSINESS NEWS AUGUST 9

Extra efforts needed to achieve target of 5 million foreign tourists: insiders

Pacific Airlines faces closure due to financial difficulties

The Civil Aviation Authority of Vietnam has just asked Pacific Airlines to report on their current capital condition, and whether they meet the requirements to continue operations.

Monetary stance points to only mildly higher interest rates in VN: Fitch Ratings

Capital account restrictions largely insulate interest rates in Vietnam from global monetary tightening and the country’s policy rate is expected to increase 50 basis points to 4.5% by end-2023, according to Fitch Ratings.

Ministry recommends unfinished wind, solar farms negotiate energy prices

The Ministry of Industry and Trade (MoIT) has asked the Prime Minister about the mechanism for ongoing solar power and transitional wind power projects to enjoy the incentive price.

New securities accounts hit near two-year low in July

The number of newly-opened securities accounts dropped sharply in July to the lowest in about two years as stock market liquidity hit a monthly low.

Vietnam Green Building Week 2022 slated for October

The Vietnam Green Building Week 2022, the annual event held by the Ministry of Construction in response to the World Green Building Week, will take place from October 13-14 in Ho Chi Minh City, with the participation of leading construction experts.

Reenactments of traditional festivals aim to lure more visitors

Many traditional festivals are being reproduced across the country to provide a boost to the tourism sector and to keep the traditions themselves alive.

Spain recognises Vietnam's new passports, reversing earlier decision

Spain’s move leaves Germany and Czech Republic as the only two countries to date to have rejected Vietnam’s new passports.

Vietnam hopeful for development of ginseng industry

Citing Ngoc Linh ginseng as a national treasure that can help provide jobs and livelihoods for local people, the President said the ginseng would be a new hope in pharmaceutical and dietary supplement sectors of Vietnam.

US$51mln invested in Vinh-Nha Trang railway renovation, upgrade project

The Railway Project Management Board under the Ministry of Transport was assigned to be investors in upgrading projects of roads, bridges and stations with a total length of nearly 1,000km.

History made compulsory subject in high schools

The amendment was made while keeping the same stance in terms of vision, goals of the overall curriculum, and the specific features of the history subject.

About 6,500 organ transplants conducted nationwide in 30 years

About 6,500 organ transplants have been carried out in Vietnam since the first in 1992, showing great efforts by the entire health sector but still modest compared to other countries, an official has said.

Government promotes wind power, reduces use of coal-fired power under national power plan

The government has chosen wind power and renewable energy in general to implement global commitments by 2050. But this is not expected to be a smooth path for a developing country like Vietnam.

Wood industry orders plummet, though turnover has reached $10 billion

Vietnam’s exports of wood and wooden products brought turnover of $10 billion in the first seven months of the year. However, the industry has unexpectedly fallen into an unprecedented situation as orders have fallen sharply.