VIETNAM BUSINESS NEWS DECEMBER 22

International air cargo throughput increases by over 21 percent in 2021

 

Australia donates further 1.14mln vaccine doses to VN

Australia has delivered an additional 1.14 million doses of COVID-19 vaccines to Hanoi, lifting the donation from the country to Vietnam to 3.6 million doses, according to Australian foreign minister Marise Payne.

Vietnam has nearly 223,000 expired vehicles, most of them remain on road

Vietnam has more than 170,000 trucks and nearly 53,000 coaches that are deemed past their shelf life and should not be driven, but most are still on the road.

Private capital important for building electricity transmission lines in VN

If private investors build electricity transmission lines, this would help ease the burden on the state. However, there must be a clear investment policy that will ensure benefits for the state, businesses and people.

Homestay businesses struggle during pandemic

The homestay service in the northern province of Quang Ninh has dynamic growth since 2018, showing off the popular trend of short-term accommodation in the province.

VN banking industry’s valuation higher than regional peers

The valuation of the Vietnamese banking industry is relatively high compared to other regional countries, according to Military Bank Securities Company (MBS).

Some western tourists want to sample dog meat: tour guides

Most foreign travelers are against the use of dog meat as food and some of them show harsh opposition, but there are some travelers who want to try dog meat.

HCM City starts vaccine booster shots, more than 78,000 people receive third dose

HCM City is the first city in the country to give COVID-19 vaccine booster shots under the guidance of the Ministry of Health.

VN steel producers expected to recover in Q4

The market's attention is now turning to steel stocks after they corrected strongly from recent peaks. 

President Nguyen Xuan Phuc meets Cambodian Government and legislative leaders

President Nguyen Xuan Phuc meets with Cambodian Prime Minister Samdech Techo Hun Sen and Deputy Prime Minister Men Sam An on December 21 in Phnom Penh as part of his State visit to Cambodia.

Health ministry officially introduces Vietnam's COVID-19 vaccine passport

The Ministry of Health on Tuesday announces procedures for the issuance of Vietnam’s official COVID-19 'vaccine passports’ along with the passport templates effective starting December 20, 2021.

Vietnam retail market increasingly attractive to investors

Vietnam’s retail market is becoming a magnet for investors thanks to favourable conditions such as political stability, transparent capital control and large market size.

Vietnam poised to receive overseas Vietnamese, foreign travelers

Implementing the second phase of a pilot program on foreign travelers from December 15, 2021 and allowing Vietnamese to travel abroad are among the proposals from the Ministry of Culture, Sports and Tourism (MCST).

Fake LV, Gucci, Chanel products sold on sidewalks

Handbags and leather shoes labeled as LV, Gucci, Nike and Chanel’s products are selling in  many locations, from sidewalk shops to traditional markets to social networks.

Final collection of late Spanish designer Diego Chula to be presented at show

More than 40 designs from the 'Mosaics of Vienam - Vietnamese pieces' collection by Diego Chula will be presented as a tribute to the late Spanish fashion designer.

Vietnam’s 10 outstanding M&A deals in 2021

During the 10-month period, Vietnam’s M&A market attracted over US$8.8 billion, a surge of 18% against 2020 and 13.7% compared to the pre-pandemic period in 2019.

Air tickets expected to be cheaper once regular air routes reopen

The reopening of international air routes, slated for January 1, will give more opportunities for passengers to fly to Vietnam.

Transition to green energy will face challenges

At the 26th Conference of Parties to the United Nations Framework Convention on Climate Change (COP26), Vietnam committed to implementing a roadmap for transition to clean energy and end use of coal energy, mainly coal fired power plants.

Banknotes with tiger images hit market, 10 times more expensive than face value

The banknotes and red envelopes with images of tigers are being offered on online and on e-commerce platforms, though Tet is more than one month away.

HCM City develops 10 criteria for reopening of massage, spa services

 

Vice Chairman of Ho Chi Minh City People's Committee Le Hoa Binh has approved 10 criteria for local massage and spa businesses to resume operation.

 

Persevere with reopening and recovery

After over two months of implementation, Resolution 128 on shifting from the state of epidemic prevention to the stage of "safe and flexible adaptation to the epidemic" has left positive imprints on the economy and socio-psychology.

Hoi An beach, once one of the most beautiful in Asia, is nearly gone

Cua Dai Beach in Hoi An City, once voted in the top 25 most beautiful beaches in Asia in 2015, has been ruined by sea erosion.

 

Commitment to lower coal energy uncertain

The COP26 summit that ended early last month in Glasgow agreed on reducing the use of coal in coming years in a phased manner. This clearly seems to be the right thing to do with several countries finally finding a common voice in saving the planet.

VIETNAM NEWS HEADLINES DECEMBER 21

VN martial artist wins gold medal at 2021 Asian Karate Championships

 

Winners of The Next Face Vietnam 2021 announced

Stephen Nguyen and Pham Phan Y Ha were winners of the Next Face Vietnam 2021 which was ended in HCMC on December 19.