Covid-19 changes positioning of largest securities companies in Vietnam

The number of securities companies that saw profits decrease or took losses in Q1 were much higher than the number of companies that maintained growth.

Vietjet petitions for reallocation of JPA flight operation rights

A local air carrier has asked the national aviation authority to withdraw the aviation business license of local budget carrier Jetstar Pacific (JPA) and reallocate its flight operation rights to other local airlines.

Finance Ministry rejects tax reduction proposals

The Ministry of Finance has rejected several proposals to reduce taxes to help revive production and trade and support businesses affected by Covid-19.

Dak Lak makes plan to rescue injured elephant

Authorities in Dak Lak Province are planning to rescue an injured elephant that can't return to the wild.

Thousands flock to beach after social distancing rules ease

A large number of tourists have flocked to Sam Son Beach in the northern province of Thanh Hoa for the holiday after the social distancing rules for virus prevention are relaxed.

Severe heat wave to hit Vietnam's northern region

A severe heat wave is forecasted to hit the northern and central regions from May 2 according to the National Centre for Hydro-Meteorological Forecasting.

Covid-19 drives up market withdrawals, reduces new market entrants

The number of firms withdrawing from the local market in April surged by 30% year-on-year, while the establishment of new enterprises plunged by 47% due to the impact of Covid-19, the disease caused by the coronavirus.

Vietnam Airlines posts heavy losses due to Covid-19

Vietnam Airlines has announced in its Q1 financial report that its first quarter losses were greater than its 2019 profits.

Mekong River Commission: Water levels back to normal averages

The Mekong River Commission (MRC) said on April 30 that water levels along the vast majority of the lower Mekong basin have now returned to normal long-term averages but are still lower than those during the 2018 and 2019 dry season.

Luxurious car brands forecasted to increase market share

The luxurious car market is expected to develop strongly this year, despite the automobile industry facing challenges due to the COVID-19 pandemic,...

Low water levels cause losses for Vietnamese hydropower firms

Low water levels have hit revenue and profit at hydroelectric plants in the first quarter.

Japanese teacher breaks barriers with autistic Vietnamese children

Ito Mai, a 40-year-old Japanese teacher for children with autism in the central city of Da Nang, starts each day with a special cup of coffee.

Coronavirus: Cyber-spies seek coronavirus vaccine secrets

An expert warns there is "nothing more valuable" in the world today than a way to prevent the disease.

Easy-to-make egg masks for brighter skin

Egg is a nutritious kind of food that is popular in daily diets. Yet, not many people know that egg is also a useful material for nurturing skin, which helps bring along bright, smooth and shiny skin.

Vietnam urged to tap global supply chain for halal products

As global supply chains for Halal products have been disrupted by the pandemic, Vietnamese companies have been urged to further tap the halal market which has export value of US$34 billion a year, experts said.

 

Vietnam will likely import 50,000 tonnes of Russian pork

Vietnam will likely import 50,000 tonnes of pork from Russia this year, accounting for 70 per cent of total import.

Afrobeat pioneer Tony Allen dies aged 79

Nigerian drummer Tony Allen, who created afrobeat with Fela Kuti, dies aged 79, his manager says.

Five new rotifer species found in central Vietam

A group of biological scientists and researchers from the central city’s Science and Education College together with two professors from Belgium and Thailand have found five new rotifer species after research conducted in Vietnam from 2013.

BUSINESS NEWS HEADLINES MAY 1

Customs clearance resumes at Lang Son border gate

Landlords should switch to revenue sharing, market researchers suggest

Vietnamese landlords should consider shifting from their traditional fixed-rent model to base rents and revenue sharing like in many other countries to spread the risk, experts have suggested.

National Reunification Day celebrated across Vietnam

A solemn flag raising ceremony was held on April 30 in Ba Dinh square in Hanoi to commemorate the 45th anniversary of the liberation of the South and national reunification (April 30, 1975 – April 30, 2020).

Bailout package reaches people in need

Many people across Vietnam have been adversely affected by COVID-19, prompting the government to release a bailout package worth VND62 trillion ($2.66 billion) in early April. The package has since been reaching needy people.

War veterans recall days fighting for the motherland

It has been over 40 years since the American War came to an end but unforgettable memories of historic days fighting for the liberation of the motherland still flood back to war veterans whenever they visit old battlefields.

Vietnam attracts 12.33 billion USD in FDI in four months

Vietnam attracted $12.33 billion in foreign direct investment (FDI) in the first four months of 2020, a year-on-year decrease of 15.5 percent due to the impact of the COVID-19 pandemic.

Thien Mon Dao honors Vietnam’s martial arts

On the side of the Day river, Du Xa Thuong village in Hanoi's Ung Hoa district is home to a famous traditional martial art, Thien Mon Dao, which first appeared during the dynasty of King Dinh Tien Hoang (968-979).