BUSINESS NEWS HEADLINES MAY 21

Contractors to be chosen for Long Thanh International Airport resettlement area

Streets around Hanoi enjoy sight of blossoming lotus flowers

With beautiful lotuses serving to brighten up streets throughout Hanoi, many of the blossoming flowers can be seen being carried by street vendors in bicycles as they sell them at the start of summer, the traditional lotus flower season.

No title given to top scorer in V.League 1 this season

The V.League 1 will not have a top scorer award this year, after it was decided to scrap the prize due to the delays in the season caused by the COVID-19 pandemic.

Ede ethic women preserve brocade weaving

Women of Knia hamlet in Dak Lak province are devoted to preserving traditional brocade weaving so that the craft doesn’t die out.

State-led approach expected to boost 5G deployment in Vietnam

5G appears to be high on the Vietnamese government’s priority list, with the earliest of services set to be commercialized in mid-2020 following trials conducted through 2019.

Vietnam faces fierce competition to attract capital flight from China

With its early success in containing the Covid-19 pandemic, Vietnam is having a jump-start among potential investment destinations in attracting a new wave of FDI.

The world in the post-Covid-19 era (Part 3)

Originally regarded as a "savior", the Covid-19 pandemic has created new skepticism, considering globalization as a "criminal" that spread the coronavirus epidemic across the globe and caused the current disaster.

 

Vietnam stands firm amid Covid-19 outbreak

Vietnam has recorded no new cases of COVID-19 infections in the community for more than 30 days. Quarantine has been lifted in high-risk areas and social distancing measures relaxed. 

Lychee farmers enjoy early harvest

In the recent years, local farmers in Thanh Ha district, Hai Duong province have expanded areas growing early ripen lychees with better yield.

Charming white lotus flowers spotted in bloom on outskirts of Hanoi

With pristine white lotus flowers starting to enter full bloom in a thousand-square-metre pond located in Tam Hung commune of Hanoi’s outlying Thanh Oai district, 

Snapshots of trams reminisce about old Hanoi

The trams have been an inseparable part of the city’s landscape for more than two thirds of a century.

Elephants disappear as demand for ivory increases

Many elephant conservation programs have been implemented in Vietnam, but the efforts have not stopped the decline of the elephant population.

Coach Park Hang-seo has ambitions of setting up football academy in Vietnam

Although fully committed to his current position as the head coach of the Vietnam men’s national football team, Park Hang-seo intends to stay in the country at the end of his contract

Vietnam in strong position to defend against external shocks: HSBC

With fewer concerns about currency and external stability, Vietnam’s central bank is likely to be more comfortable with delivering interest rate cuts to support growth.

After COVID-19 rains, skies between Vietnam and RoK will be bright again

Korean Ambassador to Vietnam Park Noh-wan has written an article on the relationship between the Republic of Korea (RoK) and Vietnam. Following is the full text of the article.

Vietnam raises monthly taxable personal income threshold by 22%

With the new threshold in place, set to take effect from January 1, 2020 retrospectively, there would be more than 1 million people whose incomes are not taxable.

The ‘cash kings’ in the Covid-19 period

While many businesses have had to borrow money to maintain operation during the Covid-19 crisis, some others have tens of trillions of dong in cash.

Two more payment intermediary services licensed in Viet Nam

The State Bank of Viet Nam (SBV) has issued licences to two non-banking organisations to provide intermediary payment services.

Transferring solar projects to foreign investors 'normal': MoIT

The Ministry of Industry and Trade (MoIT) has said that transferring all or part of a solar power project was normal according to market rules and the Investment Law.

 

Foreigners yet to be granted land use rights in Vietnam

Foreign nationals entering Vietnam are not granted land use rights as enjoyed by local citizens, according to a statement made by the Ministry of Natural Resources and Environment.

Livestream marks launch of first COVID-19 fashion collection

Local designer Chung Thanh Phong unveiled a fresh fashion line to the public via a Facebook livestream on May 18 with the theme of “Save Yourself” to promote efforts to combat the novel coronavirus (COVID-19).

Vietnam budget transparency score in 2019 significantly improved: OBS 2019

Overall, Vietnam is ranked 77 out of 117 countries and territories, up 14 places against 2017.

Football fans imprisoned for burning flares at Hang Day Stadium

The People’s Court of Hanoi’s Dong Da district on May 19 handed down jail sentences on three football fans charged with causing social disturbances and injuries at a football match at the capital's Hang Day Stadium last year.

Inspection in Kien Giang reveals environmental regulation violations

The Government Inspectorate has discovered various violations of environmental protection regulations in Kien Giang Province.

PM highlights anti-COVID-19 efforts, recovery solutions in report to legislature

PM Nguyen Xuan Phuc on May 20 reported on the anti-COVID-19 work and key solutions for socio-economic recovery and development, calling for joint concerted efforts and high resolve to weather difficulties and perform tasks as best as possible.