Vietnam announces 84 business lines restricted for foreign investors

Vietnam has for the first time released a list of sectors which foreign investors are restricted or banned from accessing.

Minister-Chairman of Government Office Tran Van Son

Member of the 13th Party Central Committee Tran Van Son was appointed as Minister-Chairman of the Government Office at the 11th session of the 14th National Assembly on April 8, 2021.

Fish sauce enjoys a taste of success

Sixty-year-old Nguyen Thi Tam has been making fish sauce for nearly half a century and has developed her own brand - Tam Tuoi - within the line of fish sauce made by the Cua Khe cooperative.

Farmer earns billions of VND by using smartphone, apps

Farming in Vietnam has become more digitized, which has eased the workload and increased sales of products to people who live in other localities.

Minister of Finance Ho Duc Phoc

Auditor-General Ho Duc Phoc was appointed as Minister of Finance at the 11th session of the 14th National Assembly on April 8, 2021.

Local mergers and acquisitions portray businesses’ confidence

The first three months of the year have witnessed more local businesses beef up their mergers and acquisitions efforts in order to scale up operations.

Vietnamese banana fibers reach out to world market

Khai Thai Cooperative in Hanoi is the first Vietnamese business producing fibers from banana stalks. The products have gained favour from overseas markets.

Vietnam shakes hand with RoK’s Naver to drive AI ambitions: Nikkei

Vietnam has entered into a partnership with South Korea's biggest internet company as part of a national strategy that seeks to transform the Southeast Asian country into a global player in artificial intelligence by the start of the next decade.

Father of young chess champion becomes internationally certified chess referee

Nguyen Thanh Cong initially knew nothing about chess, but became an internationally certified chess referee after years of studying along with his prize-winning daughter.

VUFO presents friendship insignia to US ambassador

The Vietnam Union of Friendship Organisations (VUFO) on April 9 held a ceremony to present the “For peace, friendship among nations” insignia to outgoing US Ambassador to Vietnam Daniel Kritenbrink.

Politburo assigns four members to Party Central Committee’s Secretariat

The Political Bureau on April 9 assigned four of its members to join the 13th Party Central Committee’s Secretariat, raising its total members to 11.

Inspector General of Government Inspectorate Doan Hong Phong

Party Central Committee member Doan Hong Phong was elected as Inspector General of Government Inspectorate at the 11th session of the 14th National Assembly on April 8, 2021.

Third Vietnamese military officer to work at UN headquarters

The Defence Ministry held a ceremony on April 9 to present the President’s decision to send Major Nguyen Phuc Dong from the Vietnam Department of Peacekeeping Operations, to take up a position at the United Nations headquarters in New York.

Vietnamese cloud computing market appeals suppliers

As the COVID-19 pandemic is likely to raise the demand for digital transformation amongst enterprises, the cloud computing market appeals to both domestic and foreign suppliers despite the difficulties each side has to face.

Taekwondo fighters to fight for Olympic glory

Vietnam’s taekwondo fighters are aiming for at least one slot at the coming Olympics in Tokyo.

Residents say Hanoi a good place to live despite high living cost

Hanoi has been named the most expensive city in Vietnam in terms of the cost of living, but for residents it’s still a good choice.

Foreign firms take over petroleum market, Ministry of Industry and Trade anticipates risk

The Ministry of Industry and Trade (MoIT) has proposed removing the rule in a decree that says foreign investors are allowed to hold no more than 35% of shares in petroleum trading businesses.

Hanoi’s landfills struggle to deal with increased garbage

Almost all landfills in Hanoi are at bursting point – overloaded with garbage and causing a serious headache for local authorities.

17-year-old boy has rare condition: heart in right side of chest

A teenager was diagnosed with a completely reversed viscera with the heart located in the right side of the chest. This is a rare condition, with the rate of 1 per 10,000 people.

VIETNAM BUSINESS NEWS APRIL 9

CPTPP gives boost to Vietnamese exports

BOT projects incur losses, investors and banks worry about bad debts

Investors are worried as their Build-Operate-Transfer (BOT) projects cannot satisfy requirements as revenue has been lower than expected.

VIETNAM NEWS HEADLINES APRIL 9

More than 55,000 safely get COVID-19 vaccine shots

 

The newly elected Foreign Affairs Minister's 30-year journey as a diplomat

Foreign Affairs Minister Bui Thanh Son has more than 30 years of experience working in the diplomatic sector, in various positions related to international relations research, foreign policy, international economics and negotiation.

Quang Nam hosts Korean Culture Day 2021

South Korean violin artist JMI KO, singers Seok Hun, Han Sara, and a K-pop dance troupe will perform in Hoi An from April 9 to 11 during the Korean Culture Day event, an annual cultural exchange between South Korea and Quang Nam province.

Vietnam chairs UNSC open debate on mine action

Vietnamese Foreign Minister Bui Thanh Son on April 8 chaired a United Nations Security Council open debate via videoconference on “Mine action and sustaining peace: Stronger partnerships for better delivery.”