Over 700,000 F&B firms suspend operations, says travel firm leader

More than 700,000 small and micro enterprises in the food and beverage sector have suspended their operations, said Nguyen Quoc Ky, chairman of Vietravel and the Vietnam Culinary Culture Association.

HCM City augments COVID relief payments by $179mln

HCM City has added VND4.1 trillion (about US$179.6 million) to its COVID-19 relief package, according to Le Minh Tan, director of its Department of Labour, Invalids and Social Affairs.

The first 'Make in Vietnam' strong passwordless authentication ecosystem in ASEAN

Since 2019, VinCSS has embarked on research and development of a "Make in Vietnam" ecosystem entirely on strong passwordless authentication with 07 complete solutions and is still being innovated.

Renewable energy industry fails to meet increasing demand for staff

Vietnam’s commitment to increasing its energy capacity using renewable sources will lead to increasing recruitment demand, especially in the next few years, but its human resources are not sufficient.

Lang Son proposes transporting goods to China by rail

The Customs Department of Lang Son Province has proposed transporting goods to China by rail to cope with the huge backlog of goods along the northern border.

ESports could be lucrative for 4G, 5G service providers

As the telecommunication market is getting saturated, new content services such as livestream and e-sports are expected to help telecom carriers maintain growth.

Authorities work to resolve trade bottlenecks

As China continues to stick to its zero-COVID policy and impose strict measures on people and goods entering the country, Vietnamese authorities are putting forward solutions to ease trade bottlenecks at border gates.

Hanoi to break ground on three metro lines by 2025

Hanoi is preparing to start work on three new urban railway projects by 2025, said municipal vice chairman Duong Duc Tuan.

VIETNAM BUSINESS NEWS DECEMBER 28

Vietnam Airlines Group to resume 10 more domestic routes in January

World Bank grants $221.5mln loan to support Vietnam's economic recovery

The Government of Vietnam and the WB have signed an agreement for financing of US$221.5 million to support Vietnam’s recovery from the COVID-19 pandemic through policy reforms on improving financial inclusion and greater environmental resilience.

UK, US, Japan among five countries to accept Vietnam's COVID-19 vaccination certificates

Five countries – the United States, Japan, Australia, the United Kingdom, and Belarus – have recognised Vietnam’s COVID-19 vaccination certificates with specific criteria on the vaccine types, according to the foreign ministry.

Oil stocks expected to remain positive as prices holding high in 2022

Even though the average price of oil is unlikely to reach US$100 a barrel in 2022, it may hover above the break-even price of exploitation in Vietnam, which is around $60 per barrel. 

Vietnam looks to get 90% of adults fully vaccinated in coming days

Vietnam is expecting to get nearly 90% of people 18 and older fully vaccinated by the end of 2021.

Thu Thiem land auction puts an end to sale of public land at low prices

Four land plots in advantageous positions in the new urban area of Thu Thiem in HCM City were sold for VND37.346 trillion through an auction recently.

VIETNAM NEWS HEADLINES DECEMBER 28

Hospitals in Hanoi ordered to admit all critical Covid patients

Strengthening tools to protect children in cyberspace

The strong development of the Internet and social networks has made children become digital citizens early, which brings many benefits in the service of learning, entertainment, and enhanced social interaction.

Vietnam’s FDI attraction surpasses 31 bln USD in 2021

The total new, adjusted capital and share purchases by foreign investors reached 31.15 billion USD as of December 20, up 9.2 percent annually, reported the Foreign Investment Agency (FIA).

It’s time for Vietnam to change

The two most labor-intensive industries in Vietnam - textiles/apparel and footwear - which employ nearly 4 million workers - have become vulnerable to impact of the Covid-19 pandemic. It’s time for a change.

Victims of romance scams left desperate

With nothing obtained and losses incurred, the victims of the dating app scam have been left in the depths of despair.

Lanterns - soul of Hoi An ancient town

Lanterns are a familiar image for anyone who has travelled to Hoi An ancient town in the central province of Quang Nam. 

Vietnam’s startup named by Bloomberg

Digital asset investment platform from Vietnam - ONUS - has reached 1.5 million people in just 18 months.

Betting online is easy

While legal football betting businesses remain "immovable", illegal betting sites have been bustling. Billions of dollars go abroad every year to football bets.

When Vietnam has to import farm produce

Vietnam’s farm produce import turnover reached record highs in 2021. The country for the first time saw high exports of rice, cashew and pepper.

Third COVID-19 jab to be completed by Q1 2022, says Health Ministry

The Ministry of Heath has requested that all localities nationwide complete the injection of the third round of COVID-19 vaccinations for adults by the first quarter of 2022.

Transport firms expect low passenger demand prior to Tet holiday

Transport firms at coach stations in HCM City expect an unprecedented low passenger demand for travel during the upcoming Tet (Lunar New Year) holiday due to the COVID-19 pandemic.