VIETNAM BUSINESS NEWS JUNE 9

Firms advised to stay cautious despite US’s tariffs exemption on solar panels

Standing Deputy PM Pham Binh Minh has more tasks

Standing Deputy Prime Minister Pham Binh Minh has been tasked to monitor and direct the Ministry of Home Affairs, according to a recently-issued decision on adjustment of task assignments of the Prime Minister and Deputy Prime Ministers.

VIETNAM NEWS HEADLINES JUNE 9

Some 1,000 individuals of endangered stork species spotted in Tay Ninh

Roadmap for aviation recovery after the Covid-19 pandemic needed

Within the framework of the sixteenth Asian Routes Development Forum, many participants said that the aviation industry plays an important role in the development of the country’s economy and the industry links Vietnam and the world.

Why do so many foreigners decide to make Vietnam their home?

For many years now, Vietnam has been a popular tourist destination - in fact, prior to the start of the COVID pandemic in 2019, over 18 million international tourists visited the country.

Vietnam an attractive life insurance market

The life insurance market remains attractive despite slowing down of late, according to the Insurance Association of Vietnam.

Vietnam invests over US$815 million in hydropower, mining in Lao province

Vietnam has invested over 815 million USD in hydropower and mining projects in Laos’s Attapeu province, the Vientiane Times reported on June 9.

Equitization of State-owned enterprises still going slowly

Due to the slow progress of equitization, the scale of state-owned enterprises (SOEs) in the economy is still very large, accounted for 7% of total assets and 10% of equity of all enterprises in the market.

Vietnam: ideal destination for global tech giants

Vietnam is again in the spotlight after Apple’s move to shift production activities to this Southeast Asian country, according to TRT World page of Turkish Radio and Television Corporation.

Korea splashes cash on Vietnamese realty market

Vietnam’s realty market, in addition to the manufacturing sector, has been attracting significant FDI from the Republic of Korean (RoK) in recent years, according to a survey by real estate consultancy Savills Vietnam.

COVID-19 test-kit scandal still ‘burning’

With the Party Central Committee’s decision on expelling Hanoi Mayor Chu Ngoc Anh and Minister of Health Nguyen Thanh Long from the Party, the list of individuals involved in the Viet A test kit case is getting longer.

Hanoi to host first International Latino Fest on June 11

The first International Latino Fest will take place at 100 Beer Garden in Hanoi on June 11.

Outstanding value of corporate bonds equals 3 percent of total outstanding credit

Total outstanding value of corporate bonds by the end of April 2022 reached 320.4 trillion VND (13.8 billion USD), accounting for a small proportion of the country’s total outstanding credit of 2.86 percent, according to the State Bank of Vietnam.

After Axie Infinity, many GameFi projects rise and die

After the success of Axie Infinity, many NFT game projects were launched within a short period of time. However, the number of users, the income of gamers and the price of many GameFi tokens have all gone down.

Banh canh he: Phu Yen's unforgettable dish

The central coastal province of Phu Yen is not only famous for its beautiful beaches that lure travellers from far and wide but also for its bánh canh hẹ, a chive noodle soup.

What did Long say about the Viet A case before leaving the post of Minister of Health?

During the time of holding the post of Minister of Health, Nguyen Thanh Long made many statements related to pandemic prevention and control, the Viet A case, and wrongdoings in the healthcare sector.

Minister of finance grilled during NA meeting

Minister of Finance Ho Duc Phoc told National Assembly (NA) deputies yesterday his ministry has been working around the clock to come up with...

Japanese firm opens 3.9-trillion VND resort in Da Nang

The Japanese-based Mikazuki Hotel Group opened the 13ha Mikazuki Japanese Resort & Spa in the central coastal city of Da Nang on June 8.

Most German firms plan to continue operating in Vietnam

Almost 93% of German companies operating in Vietnam will continue to invest in the country and over 64 percent of them expect their business to develop better in the next 12 months, a survey from AHK World Business Outlook–Spring 2022 has revealed.

Two companies vie for ‘Hoa hau hoa binh Vietnam’ beauty contest

Both companies want to use the name ‘Hoa hau hoa binh Viet Nam’ for beauty contests they have organized and have denounced each other for copyright infringement.

National map to be created out of 1,700 cars

A total of 1,700 cars will be used to make up a map of Vietnam at Doi Rong international tourist area in Do Son district of Hai Phong city on July 9.

German-invested firm plans three wind power plants in Lang Son

Chairman of the Lang Son Provincial People’s Committee Ho Tien Thieu held a meeting with BayWa r.e. Wind Projects Vietnam Co. Ltd. on June 8 to discuss investment in wind power projects in the northern mountainous province.

What did Chu Ngoc Anh do during his two years as Hanoi Mayor?

Chu Ngoc Anh was dismissed from the position of Chair of Hanoi People’s Committee on June 7. Several hours later, the Ministry of Public Security announced the arrest of Anh because of his involvement in the Viet A test kit scandal.

PM hosts visiting Indian defence minister

Prime Minister Pham Minh Chinh praised the cooperation between the defence ministries and armies of Vietnam and India while receiving visiting Indian Defence Minister Rajnath Singh in Hanoi on June 8.

Vietnam defeat Malaysia 2-0, advance to U23 Asian Cup quarterfinals

Vietnam beat Malaysia 2-0 and advanced to the quarterfinals of the U23 Asian Cup, as in the other game of Group C, Thailand lost 0-1 to the Republic of Korea (RoK).