VN State Bank to regulate foreign unsecured loans

A recent trend of borrowing foreign unsecured loans for businesses and investment activities of securities companies has become quite popular as it allows cheap capital to flow freely.

New Zealand Global F&B Campaign “Made with Care” launched in Vietnam

Five premium retailers have been selected to distribute New Zealand F&B products in Vietnam.

VIETNAM NEWS HEADLINES JUNE 3

Natural disasters in May claim 35 dead and missing

Energy supply security would strongly improve after reaching net-zero emissions

Energy import independent countries like Vietnam will be badly hurt by soaring prices of coal and crude oil in the international market.

Finance minister says will mull tax cut to lower petrol prices

Minister of Finance Ho Duc Phoc said that the ministry was considering tax reductions to lower prices of fuel products, now that high fuels prices are affecting the people’s livelihood and businesses.

VND22trillion disbursed for socio-economic recovery, development

Deputy Prime Minister Le Minh Khai on Thursday morning told National Assembly (NA) deputies about the disbursement of support packages worth a total of VND347 trillion under the socio-economic recovery and development programme.

VIETNAM BUSINESS NEWS JUNE 3

Target of five million foreign visitors could be missed

HCM City warns about new Covid-19 outbreaks amid slow vaccination process

Authorities in HCM City have expressed concern about a new Covid-19 outbreak as many local people are not taking third or booster vaccine doses.

Nguyen Hong Hien appointed as new Chairman of MobiFone

The Commission for the Management of State Capital at Enterprises has appointed Mr. Nguyen Hong Hien as new chairman of the Board of Directors of MobiFone Group, replacing Mr. Nguyen Manh Thang.

Hue Festival 2022 to take place at the end of June

The Hue Festival 2022 will take place from June 25 to 30, according to the organising board.

Healthcare system shaken by ‘Viet A bomb’: NA deputies

The Viet A case is being compared with a “bomb” that has shaken the entire healthcare system.

Doan Ngo Festival - traditional custom of Vietnamese people

Doan Ngo Festival, commonly called “Tet giet sau bo” (pest-killing festival), on the fifth day of the fifth lunar month is one of the many traditional customs of Vietnamese people, and it falls on June 3 this year.

NZ Herald cites 10 reasons for visiting Vietnam

As Vietnam is open to international travellers, with no self-isolation, the New Zealand Herald daily has pointed out 10 reasons why the country is worth visiting.

Da Nang’s 200-year-old Dien Hai citadel in pictures

The authorities of Da Nang have decided to spend VND84 billion (US$3.6 million) for the conservation of the ancient citadel of Dien Hai.

Drugmakers yearning for MA clarity

Despite the government’s strong request for facilitation of marketing authorisation renewal, foreign drugmakers are still waiting for the renewal of expired authorisations, triggering concerns over a possible future shortfall of drugs.

Da Nang offers free COVID-19 tests to RoK tourists returning home

The Da Nang International Terminal Investment and Operation Joint Stock Company (AHT) has been permitted to provide Korean tourists with free rapid tests for SARS-CoV-2 antigens when they return home between May 28 and June 30.

108 traditional Japanese dolls on display at Hanoi museum

As many as 108 traditional Japanese dolls of various sizes and types such as girl dolls, male dolls, zodiac animal dolls, and fairy dolls are on display at the Vietnam Women's Museum in Hanoi.

Warehouses use robots to pack products as e-commerce booms

Products ordered on e-commerce platforms are being delivered to consumers from warehouses with robotic arms and a high degree of automation.

Dishes from lotus to sooth body & mind

Dong Thap Muoi is famed for its lotus plants, which residents use for decorating, medicine and cuisine. Various dishes have been made from lotus, which are not only delicious but also good for health.

Telecom carrier to start trading farm, forestry products

Viettel Global, well known for its telecommunication services in countries in Asia, Africa and Latin America, is planning to expand its business fields.

How Vietnam contributes to UN peacekeeping missions over eight years?

Vietnam, despite being a newcomer, has appeared to be an active contributor to the United Nations Peacekeeping Operations in the past eight years.

Curbing inflation: large ‘dose of medicine’ may cause after-effects

If inflation cannot be controlled and Vietnam has to use a “high-dose drug”, such as an interest rate increase, serious consequences may occur.

Housing supply scarce in all segments

The local property market has witnessed a short supply of homes in all segments, especially the budget-home segment, as there are no new projects on the market.

Vehicles with lucky number plates sell at sky-high prices

Some people have recently received lucky number plates when registering their vehicles, which have sold at very high prices.

Vietnam start using e-invoices on July 1 nationwide

The taxation authority estimated that once the whole population turns to e-invoices, the total number would be 6.5-7 billion invoices per year or 400-500 million per month.