VIETNAM BUSINESS NEWS APRIL 27

High-growth sectors identified for future stock market investment

HCM City fines people without face masks

HCM City has decided to give a fine to those who do not don face masks in public places, starting on April 27, in an effort to nip in a bud a possible resurgence of a new coronavirus outbreak in the community.

Local banks target high profits

During the “season” of shareholders’ meetings, Vietnamese banks are confident about their plans to increase profits by several trillion dong in 2021. Several banks have set a record growth target of up to 30%-50%.

Amid world’s new Covid-19 wave, Vietnamese urged to take strict preventive measures

Vietnam is taking tough measures to prevent another Covid-19 outbreak after months without locally transmitted cases.

Vietnam to have its first Covid-19 vaccine

Results of a clinical trial phase 2 of made-in-Vietnam Covid-19 vaccine Nanocovax showed that 100% of vaccinated people made antibodies to fight the virus. The vaccine was also effective on the British variant of the coronavirus.

Northern region warned of extreme weather

Provinces and cities in the northeast and north central regions are set to see heavy rain of up to 40-120mm on April 26, said the National Centre for Hydro-Meteorological Forecasting.

Hack4Growth launched in Australia

Startup Vietnam Frontier - Australia (SVF-AU) and the Vietnam Australia Innovation Network Inc (NIC-AU) have launched the 2021 Hack4Growth Australia, with the aim of promoting the ecosystem for innovative start-ups.

PM: Vietnam not allowed to ease guard against COVID-19

Prime Minister Pham Minh Chinh has asked ministries, agencies, localities, units and individuals to remain vigilant against COVID-19 and raise the sense of responsibility for public health.

Vietnam willing to support India to overcome hard time due to COVID-19: Spokesperson

Vietnam has kept a close watch on COVID-19 situation in India and is willing to support the Government and people of India in this hard time, Foreign Ministry’s Spokesperson Le Thi Thu Hang said on April 26.

Recruitment demand soars in textile & garment, IT sectors

The effectiveness of free trade agreements, especially the EU– Vietnam Free Trade Agreement, has helped to increase export orders for textile and garment enterprises in Vietnam, 

Vietnam urges peaceful solutions to Abyei issue

The United Nations Security Council (UNSC) held a teleconference on April 26 to discuss the situation in Abyei, a disputed region between Sudan and South Sudan, and activities of the UN Interim Security Force for Abyei (UNISFA).

Start-up grows as trend among college students

Start-up has become a trend among youngsters with driving ambition. Some, though still in college, have started their business out of their actual studies.

Only 24.5 percent of workers certified

According to a report of the Central Institute for Economic Management (CIEM), 24.5 percent of jobs in Vietnam were high-skilled as of 2020 while the remaining were low skilled ones.

Business stories: The bosses with the most leisure time

Company presidents Tran Dinh Long and Dang Thi Hoang Yen have time to go to cafés and don’t attend shareholder meetings.

Six more metro trains to arrive in HCM City

Two metro trains with three carriages each of HCMC’s first metro line project linking Ben Thanh Market in District 1 with Suoi Tien Theme Park will be transported to the city in early May, 

A digital library may help preserve brocade patterns

Having put all their heart into preserving and promoting values of brocade patterns created by ethnic groups in the Central Highlands, members of a group of young graduates have launched a digital library of such patterns.

HCM City taxman wants to tax apartments for lease

The HCMC Tax Department has proposed piloting a plan to tax apartments for lease in five residential blocks in District 11.

Ethnic women play football at spring festival

Women of the San Chi ethnic minority group in Quang Ninh Province participated in an annual football competition at Soong Co Festival, leaving the housework to their husbands.

Unique architecture of King Bao Dai mansion in Hanoi

The mansion of King Bao Dai, the last king of Vietnam’s last feudal dynasty, is located at 186 Ngoc Ha Street, Hanoi’s Ba Dinh District. It features luxurious classic French architecture and royal lifestyle.

Solving VN railways' construction deadlock

Integrating national and inter-regional railways with an urban transport system is a direction that can be chosen by megacities like Hanoi.

Armies’ successful ties help reinforce Vietnam-China relations: President

President Nguyen Xuan Phuc received the visiting Chinese State Councillor and Minister of National Defence, Sen. Lt. Gen. Wei Fenghe, in Hanoi on April 26.

VEPR: Vietnamese economy could grow by 6.3 pct in 2021

The Vietnamese economy could grow by about 6-6.3 percent in 2021, said chief economist Pham The Anh from the Vietnam Institute for Economic and Policy Research (VEPR) 

Reviving Hang Trong folk paintings from traditional materials

Hang Trong folk paintings are one of the most outstanding folk painting genres in Vietnam, however are falling into oblivion. 

A final lap fast approaching

At the ripe old age of 28, time is running out for swimmer Hoang Quy Phuoc to continue competing at the elite level, but he promises to give his all for himself and his country at the Southeast Asian (SEA) Games in Vietnam at the end of the year.

"Stuck in a rut" in the cryptocurrency game

Cryptocurrency speculation can help many people change their lives, but it entails consequences that not everyone is willing to accept the trade-offs.