Vietnam spends $5 billion on coal imports

In the first seven months of this year, Vietnam spent over $5 billion to import coal for thermal power plants, up 123 per cent on-year.

Vietnam's futsal team has new coach

The Vietnam Football Federation (VFF) held a ceremony in Hanoi on August 9 to introduce Giustozzi Diego Raul as the new head coach of the Vietnamese national futsal team.

Da Lat Flower Festival 2022 to last two months, with 51 events

The ninth Da Lat Flower Festival will be held in the Central Highlands province of Lam Dong from November to late December, with 51 attractive events, according to a plan recently announced by the provincial People’s Committee.

VIETNAM NEWS HEADLINES AUGUST 9

Tropical depression intensifies into storm toward north

Ministry urges localities to set up teams to catch rabid, stray dogs

The Ministry of Agriculture and Rural Development (MARD) has urged cities and provinces nationwide to set up teams to catch stray dogs in an attempt of curbing dog bite-related fatalities and better managing rabies among domestic dogs and cats.

VIETNAM BUSINESS NEWS AUGUST 9

Extra efforts needed to achieve target of 5 million foreign tourists: insiders

Pacific Airlines faces closure due to financial difficulties

The Civil Aviation Authority of Vietnam has just asked Pacific Airlines to report on their current capital condition, and whether they meet the requirements to continue operations.

Monetary stance points to only mildly higher interest rates in VN: Fitch Ratings

Capital account restrictions largely insulate interest rates in Vietnam from global monetary tightening and the country’s policy rate is expected to increase 50 basis points to 4.5% by end-2023, according to Fitch Ratings.

Ministry recommends unfinished wind, solar farms negotiate energy prices

The Ministry of Industry and Trade (MoIT) has asked the Prime Minister about the mechanism for ongoing solar power and transitional wind power projects to enjoy the incentive price.

New securities accounts hit near two-year low in July

The number of newly-opened securities accounts dropped sharply in July to the lowest in about two years as stock market liquidity hit a monthly low.

Vietnam Green Building Week 2022 slated for October

The Vietnam Green Building Week 2022, the annual event held by the Ministry of Construction in response to the World Green Building Week, will take place from October 13-14 in Ho Chi Minh City, with the participation of leading construction experts.

Reenactments of traditional festivals aim to lure more visitors

Many traditional festivals are being reproduced across the country to provide a boost to the tourism sector and to keep the traditions themselves alive.

Spain recognises Vietnam's new passports, reversing earlier decision

Spain’s move leaves Germany and Czech Republic as the only two countries to date to have rejected Vietnam’s new passports.

Vietnam hopeful for development of ginseng industry

Citing Ngoc Linh ginseng as a national treasure that can help provide jobs and livelihoods for local people, the President said the ginseng would be a new hope in pharmaceutical and dietary supplement sectors of Vietnam.

US$51mln invested in Vinh-Nha Trang railway renovation, upgrade project

The Railway Project Management Board under the Ministry of Transport was assigned to be investors in upgrading projects of roads, bridges and stations with a total length of nearly 1,000km.

History made compulsory subject in high schools

The amendment was made while keeping the same stance in terms of vision, goals of the overall curriculum, and the specific features of the history subject.

About 6,500 organ transplants conducted nationwide in 30 years

About 6,500 organ transplants have been carried out in Vietnam since the first in 1992, showing great efforts by the entire health sector but still modest compared to other countries, an official has said.

Government promotes wind power, reduces use of coal-fired power under national power plan

The government has chosen wind power and renewable energy in general to implement global commitments by 2050. But this is not expected to be a smooth path for a developing country like Vietnam.

Wood industry orders plummet, though turnover has reached $10 billion

Vietnam’s exports of wood and wooden products brought turnover of $10 billion in the first seven months of the year. However, the industry has unexpectedly fallen into an unprecedented situation as orders have fallen sharply.

HCM City to offer free-of-charge foreign language courses to tour guides

The Ho Chi Minh City Department of Tourism planned to offer language courses in Korean, Japanese, and Spanish – all free of charge – to tour guides.

Vietnamese economy forecast to grow 7.5% in 2022

The nation’s economic recovery has accelerated over the last six months on the back of a resilient manufacturing sector coupled with a robust rebound in services, according to a World Bank (WB) economic update for Vietnam released on August 8.

Vietnam National University - Hanoi leaps 186th places on Webometrics list

The Vietnam National University - Hanoi (VNU) ranked 758th in the latest Webometrics Ranking of World Universities, jumping 186 places from the previous list released in January.

Vietnam’s initiatives at AMM-55 receive support: ambassador

Opinions raised by Vietnam at the 55th ASEAN Foreign Ministers' Meeting (AMM-55) and related meetings, which took place in Cambodia from August 2-5, received support from other participating countries and were included in documents of the meetings,

Mass vaccinations against monkeypox not currently recommended

The latest guidelines from the health ministry concerning the diagnosis, treatment and prevention of monkeypox still have not prescribed vaccines to the general public.

HCM City promotes arts and cultural activities at night

The HCM City Department of Culture and Sports has sent the municipal People’s Committee a proposal for street arts performances on Nguyen Hue pedestrian street in District 1 for 2022-2025 period, starting this month.