National Assembly approves nearly $6bn in funding to aid development of ethnic minority groups

The National Assembly has approved $5.97 billion in funding for the implementation of the first phase of the national target programme on socio-economic development in ethnic minority and mountainous areas from 2021-2030.

Vietnam welcomes East Sea stance in line with law: Foreign Ministry spokesperson

Vietnam welcomes other countries’ stance on the East Sea issue in line with international law, Foreign Ministry spokesperson Le Thi Thu Hang said on July 15.

National Assembly approves state budget balance in 2018

The National Assembly (NA) has issued a Resolution on the allocation of non-refundable aid capital, adjustments to state budget expenditure estimate and approval of state budget balance in 2018.

VN Prime Minister appoints new deputy defence ministers

Prime Minister Nguyen Xuan Phuc recently signed decisions on the appointment of new deputy defence ministers.

Vietnam could resume pre-COVID-19 growth levels by next year: McKinsey

Vietnam could resume pre-COVID-19 growth levels by next year although the pandemic threw a spanner in the works for the country’s thriving economic growth story, McKinsey & Company said in report published on Consultancy.asia.

EU announces quotas for Vietnamese farm produce

The European Commission (EC) on July 15 announced quotas for several Vietnamese agricultural products and rice in line with the European Union – Vietnam Free Trade Agreement (EVFTA).

HCM City's doctors separate conjoined twins

Around 100 doctors and nurses at the HCMC Children’s Hospital, Children’s Hospital 1 and 2, Cho Ray Hospital and others in HCM City on July 15 took part in a successful operation to separate conjoined twins.

Hundreds of millions of USD poured into startups despite Covid-19

Contrary to all predictions, Vietnam’s startups continue to receiving investment capital, though Covid-19 has caused investors to become more cautious.

VIETNAM'S BUSINESS NEWS HEADLINES JULY 16

Foreign businesses proposed joining petroleum products trading

Ageing underground wells in the heart of Hanoi

Underground wells which were closely linked to the lives of Vietnamese citizens can be found throughout the northern delta, especially in rural areas, with many dug approximately half a century ago still in use today in Hanoi’s Old Quarter.

Be wary of deals related to Chinese investors: experts

The State needs to be wary of new business registration applicants and M&A deals related to Chinese investors, Bui Ngoc Son from the Institute of World Economics and Politics (IWEP) has said.

Vietnamese woman becomes mother after 20 years of infertility

Nguyen Thi Minh, 43, holds her nine-month-old son in her arms with the great happiness of a mother.

M&A deals anticipated to flourish in Vietnam post-Covid-19

The appetite for mergers and acquisitions (M&A) activities in Vietnam has not been dampened by the Covid-19 pandemic.

Cheerful burglar takes bath before stealing car

The Hanoi People’s Court on July 3 sentenced a 34-year-old man to 10 years of imprisonment for theft.

Vietnam to benefit most from global apparel manufacturing diversification

Vietnam would remain a prime candidate for gains over the near term, according to Fitch Solutions.

LG, Foxconn join major global tech firms to shift production to Vietnam

With a growing number of multinationals looking to set a foothold in Vietnam, the country is having a great opportunity from a new wave of foreign investment, according to the trade ministry.

Lost-and-found closet at bus station brings relief

Nguyen Van Bac, 40, a security guard at the Hanoi-based Nuoc Ngam Bus Station, has cleaned the dirt on the glass of the lost-and-found closet and neatly arranged lost items from passengers every day for a decade.

Vietnam, US may upgrade ties to strategic partnership next year: Carl Thayer

The two former war foes have seen a number of milestones over the past quarter century.

Vietnam's foreign borrowings jump 1.6-fold to US$533 million in H1

The government is looking at loans and government bonds, among others, to meet growing demand of state expenditure.

Spate of alarming antique robberies in Hanoi

Recently, dozens of antiques have been robbed from 20 historic relics in seven districts of Hanoi, causing concern among people and agencies.

‘Make in Vietnam’ Vsmart Aris 5G mobile phone in international press

News about the launch of Vsmart Aris 5G smartphone made in Vietnam by VinSmart has appeared in Forbes, The New York Times, Reuters and The Star.

Exhibition showcases the brutality of wars on Con Dao Island

A new exhibition to be held on Con Dao Island from July 17 will look at the horrible conditions Vietnamese patriots faced when they were captured during the resistance wars against the French and the US.

Vietnam rises in global real estate transparency index: JLL

Hanoi and Ho Chi Minh City have contributed to the country's higher rank in the 2020 index.

Vietnam ranks second in Southeast Asia for M&A transactions

The country has risen to the second place in terms of mergers and acquisitions (M&A) transactions with total domestic investment of US$872 million, the majority of which was driven by US$651 million worth of investment from Vinhomes, 

 

Vietnam northern region to see early winter this year

The northern region of Vietnam is forecasted to witness an early winter this year.