VIETNAM BUSINESS NEWS JANUARY 7

Handicrafts target $5 billion in export value by 2025

Strong efforts help Vietnam stay firm amidst COVID-19

Amidst the complicated developments of the COVID-19 pandemic in the world with over 85 million confirmed cases and 1.84 million deaths in 215 countries and territories, 

Party congress to highlight critical role of private sector

Vietnam’s development outlook is set to be formulated over the next few weeks when the 13th National Party Congress takes place in Hanoi, 

Brexit deal met with relief across Europe

After four long years of debate, negotiation, elections, and more debate, the United Kingdom has finally and officially left the European Union. 

Vietnamese athletes ready to excel at SEA Games 31

Vietnamese athletes are training hard to do their best at the 31st Southeast Asia Games (SEA Games 31), to be held from November 21 to December 2 in Hanoi and ten nearby localities.

Top viral trends on social media in 2020

Many viral trends on social networks occurred in 2020.

Vietnamese ceramic artefacts to be promoted in ROK

Vietnam’s outstanding ceramic products will be displayed at Gwangju National Museum in the Republic of Korea (ROK) from December 18, 2020, until October 31, 2022.

Long-term game for telecoms growth

Many telecom groups gained bigger roles in the industry in 2020, driven by the country’s digital transformation acceleration, and are now making plans for 2021.

Virtual waiting room for patients amid COVID-19 invented by university students

A group of university students recently invented QQueue - an app that allows patients to virtually wait in line, reducing waiting time and the chance of groups gathering in public spaces. 

Dedication Music Award nominees announced

There will be nine different categories in the 2021 Dedication Music Award including 'Singer of the Year', 'Producer of the Year' and 'Song of the Year', the organisers have confirmed.

Vietnamese architecture firm wins int'l prizes

Three architecture works by HCM City-based VTN Architects recently won prizes at the inaugural LOOP Design Awards.

Country’s IT groups pioneering in digital transformation efforts

The Vietnamese IT market has seen a strong increase in digital products, platforms, and services in 2020, with many gaining bolder steps in domestic and international markets.

Billionaire businesspeople donate millions of dollars to local charities during COVID-19

Vietnamese businesspeople have donated billions of dong to charitable activities during the COVID-19 crisis.

Quang Nam residents risk lives in daily river crossings

Students and local residents in Nam Tra My District in Quang Nam Province face danger every day having to cross a river to school and work.

Building a modern Vietnam for all

The Vietnamese economy has been witnessing tremendous achievements over the past few decades under the sound policies and strategies by the government and the great contributions of the planning and investment sector. 

Three major goals ahead for Vietnamese football in 2021

Progressing through the Asian region’s second round of qualifying matches for the 2022 World Cup, competently organising the 2021 V.League 1 season, 

Mid-end, affordable smartphones saw higher sales in 2020

The impressive growth of Vsmart, a Vietnamese brand, was the highlight of the Vietnamese smartphone market in 2020.

National Strategy on Fourth Industrial Revolution issued

The Prime Minister has issued the National Strategy on the Fourth Industrial Revolution by 2030 to fulfil goals set in the Politburo’s Resolution 52-NQ/TW that outlines policies guiding Vietnam’s active involvement in the revolution.

Indian newspaper highlights importance of Vietnam’s 13th party congress

The Times of India, on January 4, published an article explaining why Vietnam’s upcoming 13th party congress plays an important role in determining East Asia’s future trends.

Investment funds beat the market in 2020

2020 marked an unexpectedly successful year for big investment funds in Vietnam, with Pyn Elite Fund having the best performance.

Over 14 billion USD mobilised through G-bond auctions at HNX in 2020

Nearly VND324 trillion (over $14 billion) was mobilised through G-bond auctions at the Hanoi Stock Exchange (HNX) in 2020, accounting for 108 percent of the set plan.

Most serious saltwater intrusion in Mekong River estuary forecast for February, March

Saltwater intrusion in the Mekong Delta in the 2020-2021 dry season will be less severe than in the 2019-2020 dry season, 

Digitizing traditional markets – $10 billion potential

Traditional markets and groceries still hold the largest share of the consumer retail market, but new business models are scrambling for a piece of the pie.

HCM City: five elevated roads proposed

During the last quarter of 2020, the HCM City Department of Transport sought for the municipal government’s approval of five elevated road projects to be started in 2021.

Inflation control cannot be taken lightly

Although many forecasts said that inflation would be controlled at less than four per cent this year, economists recommended it was still important to pay attention to inflationary pressures.