Transport infrastructure works progress slowly, official admits

Lack of funds is the main reason for the slow progress of several major transportation works in HCM City, the city People’s Council heard at a session last week.

Vietnam property market increasingly attractive to foreign capital

Vietnam has for the first time been named a “Semi-Transparent” market in the 2020 Global Real Estate Transparency Index (GRETI) by Jones Lang LaSalle (JLL) thanks to the progress in its largest markets, HCM City and Ha Noi. 

 

Coronavirus: The slow death of the American all-you-can-eat buffet

Buffets, beloved by many Americans, are rapidly changing their business model to adapt to the virus.

21 Chinese people illegally entering Vietnam quarantined for Covid-19 prevention

Authorities of the central province of Quang Nam have found 21 Chinese people who entered the country illegally and quarantined them for Covid-19 prevention.

 

Exporters worried as catfish exports to major markets drop

Exporters are mulling plans on how to increase shipments to the US and China after Covid-19 ends.

Banks to sell collateral assets amid fears of rising bad debts

A number of banks have announced plans to auction off their collateral assets in an attempt to speed up bad debt recovery.

 

Panama: Seven young people found dead after trip to Gatun Lake

One person is arrested after bodies of four women and three men, 17 to 22, are found near Gatun Lake.

Vietnam's northern region to expect rains in the coming days

The long heat wave in the northern region will end on July 20 as rains and rainstorms spread until July 22. 

 

US election 2020: Kanye West launches unconventional bid for presidency

Fans have questioned whether the rapper's last-minute bid for the presidency is genuine.

VN-Index tipped to approach 900 points by the end of this year

Brokerages have forecast that the benchmark VN-Index on the Ho Chi Minh exchange may approach 900 points by the end of this year despite worries over a second wave of the coronavirus pandemic.

 

Local garment firm expects revenue drop this year as partner's parent goes bankrupt

Risk provision may write some revenue off the record for Song Hong Garment JSC as the company prepares for the likely bankruptcy of its US partner’s parent firm.

 

COVID accelerates shift towards omni-channel retail

The COVID-19 pandemic was accelerating Vietnam’s shift towards omni-channel purchasing behaviours and retailers should capitalise on this momentum to drive expansion and increase penetration rates in the post-COVID period, 

 

Coronavirus: China's cinemas start to reopen after shutdowns

The country is the second largest film market in the world after the US, with a box office of $9.2bn in 2019.

Hope probe: UAE launches historic first mission to Mars

The probe starts its 500-million-km journey after taking off from the remote Tanegashima spaceport.

Man captures Saigon memories in palm-sized miniatures

A Vietnamese man has touched the hearts of those who love Saigon - the former name of HCM City - by his wooden miniatures facsimileing the city in his memories. Join us to contemplate the fascinating artworks.

 

No local infections of coronavirus in Vietnam for 95 straight days

Vietnam marked the 95th straight day without community transmission of the coronavirus SARS-CoV-2 on July 20 morning, 

 

Transport ministry to inspect driving training, vehicle registration

The Ministry of Transport has asked relevant agencies to strengthen inspection of driving training centres and vehicle registration nationwide to improve traffic safety.

 

VN businesses struggle to stop export decline

The Ministry of Investment and Trade noted that though the export turnover of the processing industry could not regain the strength it had before Covid-19, the recovery was very clear.

Vietnam actively engages in UN Human Rights Council’s 44th session

A Vietnamese delegation, led by Ambassador Le Thi Tuyet Mai - Permanent Representative of Vietnam to the UN, the World Trade Organisation (WTO) and other international organisations in Geneva, Switzerland – 

 

Traces of early humans found in Ba Be National Park

During the recent field survey in Ba Be National Park in the northeastern province of Bac Kan, archaeologists have found many traces of early humans in caves in karst mountains around Ba Be Lake.

 

Man jailed for 12 years in legal first

In a legal first, a man has been jailed in Vietnam for killing another man 14 years ago in the United Kingdom.

High air transport charges place heavy burden on Vietnamese exporters

Many Vietnamese exporters are facing multiple difficulties as air transport charges have been revised up sharply by foreign airlines amid the hardships caused by the ongoing global coronavirus pandemic.

Domestic brewers report big losses in first quarter

Beer output in the first quarter decreased by 19 percent compared with the same period last year, according to the General Statistics Office (GSO).

Minimalism taking hold in Vietnam

Minimalism is a way of living originating in Japan and beginning to gain popularity in Vietnam. People are starting to opt for a more simplified lifestyle and mindset to find peace within themselves.

 

VIETNAM'S BUSINESS NEWS HEADLINES JULY 20

Lao Cai to build border market and trade promotion centre