Eighth bank cleared all bad debts at VAMC

Kien Long Bank has become the eighth bank to clear all bad debts they had previously sold to the Viet Nam Asset Management Company (VAMC) before the maturity date, VAMC announced on Tuesday.

 

African swine fever: Fears rise as virus spreads to Indonesia

Indonesia has become the latest Asian country to face an outbreak of African swine fever, a deadly pig virus devastating farmers across the region.

HDBank opens representative office in Myanmar

HCMC Development Commercial Bank, or HDBank, on December 18 opened a representative office in Myanmar and signed a comprehensive cooperation agreement with Viettel Global Investment JSC.

Saint Paul Hospital accused of falsifying nearly 1,300 test results

Medical staff of Saint Paul Hospital allegedly faked the number of HIV and Hepatitis B test results, changing the original 80 to 1,272, according to the Hanoi Department of Health’s report.

 

VESAK 2019: Vivid evidence for freedom of belief and religion in Vietnam

The UN Day of Vesak 2019 with the theme "Buddhist approach to global leadership and shared responsibility for sustainable society" held on May 12-14, 2019 at Tam Chuc Pagoda, Ha Nam Province, took place successful.

 

Adayroi closes following VinMart merger

All operations of Vingroup’s e-commerce platform Adayroi stopped since yesterday (December 17) evening.

ThaiBev struggling to offload Sabeco

Budweiser APAC has eyes on Sabeco, while ThaiBev intends to quit one of the biggest beer markets of the region.

Vietnam's Thanh Khoa wins World Miss University 2019 crown

Nguyen Thi Thanh Khoa, Vietnam’s representative at Miss World University 2019, was named as the winner of the beauty pageant during the competition’s grand final in the Republic of Korea on December 18.

Reforms needed to unleash potential of capital market

 Although progress has been realised by Viet Nam in recent years, the country is still unable to finance all the needs of its hungry productive sector, including private firms and SOEs.

 

Hue Festival - a chance to explore new Hue: organisers

Hue Festival 2020 will be another chance for tourists to explore Hue – a city full of attractions, said city leaders, who will host the international festival between April 1 and 6 next year.

Vietnam finance ministry responds to Moody’s latest rating action

The Vietnamese Ministry of Finance (MoF) on Wednesday said Moody's Investors Service’s decision to confirm Vietnam’s rating at Ba3 but change the outlook to negative was not appropriate.

USAID launches new public service announcements to tackle rhino horn consumption

USAID and Wildlife Asia on Wednesday released new Public Service Announcements (PSAs) as part of the third phase of the Chí initiative – a communication programme to help decrease consumer demand for rhino horn in Vietnam.

 

UN lauds Vietnam’s contributions to peacekeeping missions

 

United Nations Under-Secretary-General for Peace Operations Jean-Pierre Lacroix has lauded Việt Nam’s contributions to the UN, especially via peacekeeping missions.

 

BUSINESS NEWS HEADLINES DECEMBER 19

HCM City seeks to boost ornamental fish exports

 

Artist opens first solo exhibition after 10-year hiatus

Cuci Art Studio will present an exhibition featuring 20 new paintings by Nguyen Tan Cuong from Friday.

Three Facebook scammers detained in Thanh Hoa

Three Facebook hackers who stole more than VND2 billion (US$86,000) have been arrested, Thanh Hoa Province Police announced on Tuesday.

Wartime bomb safely disposed of in Quang Binh

The Military Command of the central province of Quang Binh has successfully defused a 220kg bomb that was found by a local resident in Bo Trach District.

FVH Christmas Film Night screens Tet-themed movie

The Friends of Vietnam Heritage (FVH) will host a screening of the Vietnamese comedy movie Về Quê Ăn Tết (Going Home for Tet) by director Nguyen Hoang Anh on Sunday.

First privately composed textbooks introduced in Hanoi

The first set of Grade 1 textbooks written by a private team of developers was introduced on Tuesday afternoon in Hanoi.

Infrastructure underdevelopment hinders Vietnam's aviation industry

Twenty two airports in Vietnam have the capacity equal to one airport in Thailand or Singapore. The overloaded infrastructure is affecting the aviation and tourism industries.

EVN denies thermal power plants affect Hanoi air pollution

Vietnam Electricity Group (EVN) has denied the accusation that severe air pollution in Hanoi is mainly affected by its thermal power plants.

 

Rock Symphony concert to welcome New Year

The HCM City Ballet Symphony Orchestra and Opera has announced that 2019 Rock Symphony concert will take place in Ho Chi Minh City on December 27 and 28, promising to bring a special musical event to the public.

 

HCM City adjusts bus schedule for holiday period

Bus transport capacity will be adjusted during a 21-day period for the New Year and Tet (Lunar New Year) holiday, according to HCM City’s Public Transport Management Centre. 

Draft health insurance law adds benefits for patients

Proposed amendments to the Health Insurance Law will add multiple benefits for insured patients, according to speakers at a conference held on Wednesday in HCM City.

93 percent of Korean firms satisfied with investments in Vietnam: survey

Up to 93 percent of the businesses from the Republic of Korea (RoK) are satisfied with their investments in Vietnam, according to a recent survey conducted by the Korea Trade and Investment Promotion Agency (KOTRA).