Extension of Circular 14 unneccessary: insiders

The expiration of Circular 14 on debt rescheduling and interest rates reduction in late June is likely to expose banks to higher levels of non-performing loans (NPLs), yet insiders say it is unnecessary to extend it.

Smallest commercial bank in Vietnam may change hands

Petrolimex, the largest petroleum distributor, has got the nod from the State Bank of Vietnam (SBV) to divest from PG Bank. It now holds 120 million shares of the bank, or 40 percent of capital.

Vietnam targets to stay among the world’s top 10 farm produce processing hubs

The Government would push for greater mechanization in agricultural production.

Suburban real estate prices fall, investors suffer losses

The real estate prices in city neighborhoods have decreased, causing big losses to investors.

Big retail chains still trying to compete with traditional markets

Modern retail chains have been competing with traditional markets for 10 years. Despite powerful financial capability, they still have not been able to defeat traditional markets.

VN stocks could be in sweet spot as GDP growth surges, stronger growth forecast

The Vietnamese economy grew by 7.7 per cent in the second quarter, one of the fastest rates in a decade, and is expected to expand even faster this quarter, driven by an ongoing burst of consumption.

Indices fluctuate on mixed driving forces

Indices witnessed mixed performance on Thursday, as the uptrend was cushioned by many large-cap stocks, however, lingering selling pressure capped gains.

Textile-garment exports set to reach 43 billion USD this year: VITAS

Vietnamese textile-garment producers set to earn up to 21 billion USD from exports in the second half of 2022, raising total shipments of the year to around 42 – 43 billion USD.

Petrol prices continue to drop sharply following latest adjustments

Petrol prices fell further from 3pm on July 21 after the latest review conducted by the Ministry of Industry and Trade and the Ministry of Finance.

Ha Long development faces serious subsidence

Hundreds of households in an urban area in Ha Long City in the northern coastal province of Quang Ninh are complaining about constant flooding.

Can Tho fosters tourism cooperation with Cambodia

Officials from the Mekong Delta city of Can Tho and Cambodia’s Ministry of Tourism discussed ways to further promote bilateral cooperation in fields where both sides have strengths, especially in tourism, at a working session in Can Tho on July 19.

Huynh Nhu among top six Asian stars set to shine at 2023 Women’s World Cup

The Asian Football Confederation (AFC) has named Vietnamese striker Huynh Nhu among the six leading Asian stars who are poised to have a huge impact at the upcoming 2023 FIFA Women's World Cup in Australia and New Zealand.

Canadian tourist falls to death from waterfall in Danang

A Canadian tourist fell to his death from a waterfall at the Ba La spring area in the central city of Danang yesterday afternoon, July 20, local authorities confirmed.

Airlines asked to stop quick check-in services

The Civil Aviation Authority of Vietnam (CAAV) has just asked local airlines to temporarily stop quick check-in services.

Vietnam, Indonesia seek to reach $15 billion in trade by 2028: Foreign ministers

Vietnamese Minister of Foreign Affairs Bui Thanh Son and Indonesian counterpart Retno Marsudi on Wednesday co-chaired the fourth meeting of the Joint Committee on Bilateral Cooperation held in Jakarta, Indonesia.

T-Ara set for Hanoi concert performance on July 24

Famous Korean band T-Ara is poised to return to Vietnam for a concert scheduled to take place in Hanoi on July 24.

Judge mulls murder charge in fatal child abuse case

A HCM City judge is mulling charging a man with murder after his girlfriend beat his eight-year-old daughter to death late last year.

Land Law needs amendments to ensure better lives for displaced residents: expert

Prof Dang Hung Vo said Vietnam is taking a step forward with the policy that the lives of people whose land is taken back by the state to make room for investment and development projects must be equal or better than they were before.

Realtors scale down business, house prices unlikely to fall

Having been dealt many blows, real estate firms have changed their business strategies and scaled down operations.

Vietnam win four golds at Asian Bodybuilding and Physique Sports champs

Vietnamese athletes will bring home four golds from the Asian Bodybuilding and Physique Sports Championship after their strong success in the Maldives.

Airport officer suspended for failing to detect passenger's knife

The administration of Tan Son Nhat International Airport in HCM City has suspended a security screening officer for failing to detect a passenger bringing a knife in her carry-on luggage onto a plane.

Three pillars in Vietnam’s education transformation

The three pillars in the nation’s education transformation moving forward will include the transformation of the governance system, environmental transformation, and digital technology, according to the Ministry of Education and Training.

Vietnam moves up four places on 2022 Global Gender Gap Index, reaching 83rd place

Vietnam has climbed four places on World Economic Forum’s Global Gender Gap Index 2022 in the past year, from 87th to 83rd place out of 146 countries, with a score of 0.705/1.

Press Award launched to help prevent ocean plastic pollution

A Press Award in “Mitigating Marine Plastic Debris” was launched in Vietnam on July 20 to raise public awareness about ocean plastic pollution and the need to prevent it.

Justice Ministry considers leniency for corruption criminals willing to pay up

The Ministry of Justice is considering the application of lighter sentences for those charged with corruption who pay back money and assets, according to Deputy Director General of the General Department of Civil Judgment Enforcement