SeABank earns net profit of nearly VND1.4 trillion in 2019

SeABank (Vietnam) has just announced its 2019 business results with net profit of VND1,390.69 billion, an increase of VND768.26 billion or 123.4% compared to 2018, ROE at 12.03%. This is the highest growth rate ever of SeABank.

 

CPTPP not proving a hit across the board

Vietnam has been unable to gain export growth to all CPTPP member countries, according to the Ministry of Industry and Trade.

EuroCham decries motorbike ban in Hanoi

The ban on motorbike traffic in the inner-city areas of Hanoi City in 2030 may pose challenges for the residents, the European Chamber of Commerce in Vietnam (EuroCham) said at the recent annual Vietnam Business Forum in Hanoi.

Tan Son Nhat airport packed as Tet nears

Thousands of people are causing havoc at Tan Son Nhat International Airport as large family groups welcome relatives returning home for the Lunar New Year. The pick-up zone at the international terminal is jammed even at night.

 

Kitchen Gods worshipping: Vietnamese traditional belief

For many Vietnamese, Tet (Lunar New Year) festival begins with the “Ong Cong - Ong Tao” (Land Genie and Kitchen Gods) ceremony on the 23rd of the twelfth lunar month, which falls on January 17.

ASEAN Chairmanship: For a cohesive and responsive ASEAN

Advancing ASEAN’s contribution to maintaining regional peace, security and stability has been identified as one of five key priorities for Vietnam’s ASEAN Chairmanship 2020, wrote Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh.

VN struggling to persuade migrants to buy social insurance

Vietnam lacks comprehensive solutions to encourage migrant workers to buy voluntary social insurance, the country's top labour official has said.

Foreign diplomatic corps explore Vietnamese traditional Tet

An event was arranged on January 12 for the diplomatic corps in Hanoi to explore Vietnam’s traditional New Year (Tet) festival.

Vietnam must beat Jordan: coach Park Hang-seo

Vietnam face a must-win clash against Jordan in AFC U23 Championships on January 13 in Thailand, according to head coach Park Hang-seo.

Philippines suspends Manila airport flights over fear of volcanic eruption

Philippine aviation authorities on January 12 ordered temporary suspension of flights from/to Ninoy Aquino international airport in Manila capital, as Taal volcano spewed an ash column of 15,000m.

WeChoice Awards honour contributors to community

Eighteen persons whose stories had exerted positive impacts on the community in 2019 were honoured with WeChoice Awards at a gala night in Ho Chi Minh City on January 12.

ASEAN committee discusses trade facilitation in Hanoi

The 16th Meeting of the ASEAN Trade Facilitation Joint Consultative Committee (ATF-JCC) was recently held by the Ministry of Industry and Trade (MoIT) in Hanoi.

Vietnam's auto sales in 2019 picks up 12 percent

Members of the Vietnam Auto Manufacturers’ Association (VAMA) reported a year-on-year sales surge of 12 percent in 2019, riding on hefty festive discounts and promotional programmes.

Vietnamese photographers win big at India’s photo contest

Vietnamese photographers have won many prizes at the first International Photography Awards of India’s Apawards.

2019: a year of strong growth for Vietnam telecommunications

Preparation for 5G, MNP (mobile number portability) and elimination of ‘trash’ simcards were the most noteworthy events in 2019.

More universities are granted self-autonomy

Minister of Education and Training Phung Xuan Nha talks with about his plan to grant more universities autonomous rights. 

 

Half of seas, islands to be surveyed by 2030

By 2050, 60% of farming areas in Vietnam will be equipped with water-saving irrigation systems, according to the country's Water Management Strategy, which was recently approved by Deputy Prime Minister Trinh Dinh Dung.

 

STEM education to be applied in Vietnam’s schools

General schools will have to prepare to organize STEM education, including the building of curricula, material facilities and upgrading of teaching staff.

1.1 tonnes of firecrackers seized by police

Nearly 1.1 tonnes of firecrackers have been seized in Yen Bai Province by the police, said lieutenant colonel Nguyen Manh Thang yesterday.

 

SOE equitisation plan likely to be missed in 2017-20

The equitisation of State-owned enterprises (SOEs) has fallen behind the target set by the Government and ministries for 2017-20.

Number of business households turning into companies remains low

HCM City has applied measures to encourage business households to turn themselves into companies, but the results have not met expectations, according to the municipal government.

 

A lot of pressure for Vietnam's inflation control in 2020

The fluctuating price of pork last year had significant impacts on the market, as the price plummeted in the first half of the year then soared in...

Vietnam's GDP growth forecast robust for 2020

Vietnam would look to maintain economic growth of 6.76 per cent this year.

As rubber price falls, rubber companies shift to develop IZs

Since the core business field is facing difficulties, rubber companies are now gathering strength on developing industrial zones (IZs).

Vermicelli village busy ahead of Lunar New Year 2020

The Thang Long vermicelli making village in Thanh Hoa province is busy at the moment for completing orders for the upcoming Lunar New Year (or Tet).