FDI and the 30-year concern about high-tech applications

Only 5 percent of foreign invested projects in the last 30 years have used high technology. This is a lesson for Vietnam during the new FDI (foreign direct investment) wave.

Party Central Committee convenes 13th session

The 13th session of the 12th Party Central Committee opened in Hanoi on October 5 under the chair of Party General Secretary and President Nguyen Phu Trong.

Trillions of dong worth of debt settled each month, after resolution released

A daring decision has helped the financial market and the banking system to stand firmly during Covid-19.

Transport ministry proposes tolls on State-funded expressways

The ministries of transport and finance are considering charging tolls on State-funded expressways.

Photo contest depicts artistic angles in Buddhism

A photo contest that has kicked off in Hanoi, is seeking beautiful and artistic angles of Buddhism through the lens of domestic and foreign photographers.

HCM City to connect all rooftop solar systems to power grid

The Ho Chi Minh City Power Corporation plans to soon connect all rooftop solar power to the electricity grid.

Cham Museum introduces 3D experience

The tourism promotion centre in Da Nang has piloted a 3D experience for tourists visiting the Chàm Sculpture Museum – one of the most popular destinations in the city – to boost tourism after the turn of the COVID-19 pandemic.

East Sea to see storms in October and November

In October and November, the East Sea will have strong storms, which will affect provinces in central Vietnam.

Cursing in school: are teachers giving in to students?

Schools have been trying to prevent students from using foul language, and have even released regulations, but with little success.

Third wave of reform: 20% more regulations on businesses to be cut

The Vietnamese government’s Resolution 68 that aims to reduce business regulations by 20% and at least 20% of costs is seen as the Government’s third wave of reform.

Hanoi wants to build second int’l airport in Ung Hoa District

A reasonable distance to Hanoi center and transportation convenience are among the reasons given to build the capital city’s second international airport in Ung Hoa district.

Prof Ngo Bao Chau: conditions for scientific research in VN have improved

When appointed as a professor, Prof Ngo Bao Chau, the Fields medalist, thought he would be in more comfortable circumstances. 

U22 Vietnam squad to join Toulon Cup in France

Korean Coach Park Hang Seo will take U22 Vietnam football squad to attend the Toulon Cup 2020 in France, to prepare for the campaign to defend the team’s gold medal at the upcoming Southeast Asian Games (SEA Games).

"Mango juice" drug detected in Vietnam for first time

Ho Chi Minh City police have announced that a new kind of drug that has never been seen in Vietnam, called "mango juice", is camouflaged in packages with the label "Cripy Fruit Mango".

Trade deal expected to stimulate Vietnamese coffee exports to EU

On September 16 Vinh Hiep Co. Ltd of Pleiku City shipped 296 tonnes of coffee to Belgium and Germany at zero tariff.

Land prices frame proposed to be more market-based

HCM City People’s Committee recently proposed the land prices frame be more market-based because large gaps with the market prices have caused significant losses to budget collection.

 

Bank shares still sought despite Covid-19

Commercial banks are facing challenges, including an increase in bad debts because of Covid-19 and pressure that has forced them to increase charter capital. But bank shares remain attractive to investors.

Tò he - A symbol of August Festival

To he is a popular, traditional toy for Vietnamese children and a symbol of Mid-Autumn Festival. These toy figurines are small but colourful and nice. 

Cyber information security ratings of State agencies revealed

Da Nang City, the State Bank of Vietnam, as well as Can Tho and Vinh Phuc provinces were rated level A for their concern about implementing information security.

VIETNAM'S BUSINESS NEWS HEADLINES OCTOBER 5

Agro-forestry-fishery enjoys $7.25 billion trade surplus in nine months

Vietnam’s strategy for sustainable development of marine economy

On October 22, 2018, Party General Secretary and State President Nguyen Phu Trong signed a resolution on the strategy for the sustainable development of Vietnam’s marine economy to 2030 and vision to 2045, known as Resolution No 36.

National museum hosts first solo exhibition by Duy Hoa

Artist Nguyen Duy Hoa’s first solo exhibition has opened at Vietnam Museum Fine Arts.

Vietnam enters 33rd day without COVID-19 community infections

Vietnam has gone through 33 straight days without a single COVID-19 community infection as no new cases were reported on October 5 morning.

Vietnam supports all efforts towards nuclear disarmament, non-proliferation

Deputy Prime Minister and Foreign Minister Pham Binh Minh has affirmed Vietnam’s consistent stance on supporting all efforts towards nuclear disarmament and non-proliferation.

HCM City reaches 12 of 18 pollution-reduction goals

HCM City has reached 12 of its 16 targets in its pollution reduction programme for the 2016-20 period, according to the city’s Department of Natural Resources and Environment.