Gold prices go up, VN central bank commits to stabilise market

Prices of the yellow metal soared a new record reaching VND62million(US$2,681) per tatel or 1.2 ounce in Vietnam on Thursday after the State Bank of Viet Nam (SBV) confirmed to have solutions and sufficient resources to stabilise the market.

 

Doan Van Hau cherishes World Cup dream in FIFA interview

Defender Doan Van Hau, who recently returned to Vietnam following a one-year spell on loan at SC Heerenveen, told FIFA that he has dreamed of playing for Vietnam at World Cup one day and that nothing is impossible.

Free ‘face mask ATM’ comes into operation in HCM City

The first ‘free face mask ATM’ has officially came into operation in Ho Chi Minh City on August 6 as part of joint efforts to combat the spread of the novel coronavirus (COVID-19) epidemic throughout the country.

How are SOEs’ outward investment projects performing?

State-owned economic groups had registered 114 outward investment projects as of the end of 2019 with registered capital of $13.8 billion, according to the MInistry of Public Investment.

ASEAN’s investment contributes significantlly to Vietnam’s economic development

Since Vietnam joined ASEAN (July 28, 1995) and committed to the implementation of the ASEAN Free Trade Agreement (AFTA) in 1996, ASEAN's direct investment has contributed significantly to Vietnam’s economic development .

Ministry leaders discuss action plan to implement EVFTA

Vietnamese enterprises have been urged to renovate their business strategies if they want to benefit from the EU-Viet Nam Free Trade Agreement (EVFTA), 

Top 10 most valuable brands worth US$8.1 billion

The top 10 most valuable brands in Viet Nam 2020 are worth US$8.1 billion, increasing by 17 per cent from last year and accounting for 30 per cent of the list’s total value, according to Forbes Viet Nam magazine.

 

HCM City suspends summer activities for children

The HCM City People’s Committee has decided to suspend summer activities for children to prevent the spread of COVID-19.

Hanoi plans big for 1010th anniversary of Thang Long-Hanoi

Hanoi authorities are planning various activities to celebrate the 1010th anniversary of Thang Long-Hanoi (1010-2010), 

Deputy PM Pham Binh Minh holds phone talk with US Secretary of State

Deputy PM and Foreign Minister Pham Binh Minh on August 6 held a phone talk with US Secretary of State Michael Pompeo on the Vietnam-US relations on the occasion of the 25th anniversary of bilateral diplomatic ties.

Vietnamese mat weaving art displayed online

The patterns, colours and technique of traditional Vietnamese mat weaving are on display in an online exhibition through the artworks of Pham Hong Linh.

Malaysian FM stresses ASEAN’s solidarity in solving East Sea issue

Malaysian Foreign Minister Hishammuddin Hussein has emphasised the solidarity of ASEAN countries in solving disputes in the East Sea.

 

ASEAN works to respond to transboundary haze pollution

The ASEAN Secretariat has hosted an online conference to strengthen efforts, coordination and preparation for tackling transboundary haze pollution, which is predicted to peak in August and September.

ASEAN Foreign Ministers’ Meeting set for September

As the ASEAN Chair 2020, Vietnam is completing preparations for the 53rd ASEAN Foreign Ministers’ Meeting (AMM-53) and related meetings in September, Foreign Ministry spokesperson Le Thi Thu Hang has said.

Former Party General Secretary Le Kha Phieu passes away

Former General Secretary of the Communist Party of Vietnam (CPV) Le Kha Phieu passed away in Hanoi on August 7 morning.

Vietnam’s vegetables, fruits ready to enter choosy markets

The export of vegetables and fruits has resumed. And with the new EVFTA, Vietnam’s products have great advantages to be exported to the EU.

Hanoi-Hai Phong Expressway begins non-stop toll collection from August 11

The installation of the automated electronic toll collection (ETC) system, which provides non-stop toll collection service for vehicles, has been completed along the Hanoi-Hai Phong Expressway. Toll collection is scheduled to begin on August 11.

VIETNAM'S BUSINESS NEWS HEADLINES AUGUST 7

Lao Cai asked to finalise proposal for construction of Sa Pa Airport

Untreated waste on Phu Quoc sparks concern

Phu Quoc Island off the southern province of Kien Giang has been a tourist hotspot of the Mekong Delta region, but waste treatment on this island remains an environmental issue.

 

Vietnam – one of the best long-term growth stories in Asia

Vietnam is one of the best long-term growth stories in Asia and is one of the most preferred frontier markets, according to HSBC.

Singaporean business surges ahead

Singaporean business and investment in Vietnam has increased significantly over the decades, thus greatly contributing to strengthening economic bilateral ties.

All banks to list shares in 2020? Impossible mission

Not all commercial banks will list their shares on the bourses by the end of the year as required by the government.

Vietnam condemns China’s illegal moves, confirms respect for international law in East Sea

Vietnam called out China on a range of reports alleging China's illegal moves in the East Sea and the two archipelagos that Vietnam sees as its own.

Mountainous areas and islands need investment

PhD Doctor Le Quoc Phuong, former deputy director for the Information Centre for Industry and Trade, under the Ministry of Trade, talks on key requirements in trade development in mountainous areas and islands.