Whale worshiping ritual preserved in Canh Duong fishing village

 Vietnamese people believe that every creature has a soul and that mountain and sea genies really exist.

Thai energy developer eyes US$7.8 billion LNG scheme in Vietnam

Thailand’s Energy developer Gulf Group (Gulf) is pursuing a scheme on building a gas-fired power cluster in the central province of Ninh Thuan.

Vietnamese consumers embrace digital payments as a new way

Vietnamese consumers are embracing digital payments as a faster and more convenient way to pay, with consumers using their credit and debit cards more often for in store and online purchases.

Vietnam among smallest G-bond markets in ASEAN: ADB

 Among the ASEAN member economies, the smallest government bond markets were those of Vietnam and the Philippines, with each of their local currency government bonds outstanding still below the US$100 billion mark.

Local firms in M&A upswing

Vietnamese hoteliers are beginning to turn the ­tables in the resort chain world by snapping up properties from international hotel chains.

Cafes bloom along Hanoi rail line

 The railway section that runs across a residential area on Phung Hung Street in Hanoi has attracted many visitors to the train and boosted the cafe business around there.

E-commerce revenue forecast to hit $15 bn in 2020

 Vietnam's e-commerce market recording annual average growth of 35%. 

Vietnamese singer wins Asian Supernova Award 2019

 Vietnamese singer Orange was the recipient of the Asian Supernova Award 2019 at the Hong Kong Asian Pop Music Festival 2019 which was held in Hong Kong, China, on March 22.

Financial problems slow down Hue Citadel relocation

 The authorities in Thua Thien-Hue Province are facing financial difficulties in moving hundreds of households from the royal citadel.

HCM City pedestrian street to have new fountain

 The authorities in HCM City are planning to upgrade Nguyen Hue Pedestrian Street with a new round fountain.

Vietnamese filmmakers turn to Netflix for larger market

 Vietnamese filmmakers want to use Netflix as a way to market their films to international audiences but have faced many difficulties.

'Hoi An Memories' now performed twice a night

 Hoi An Memories, managed by Gami Theme Park, is an outdoor cultural spectacle that started from humble beginnings in central Vietnam’s ancient town of Hoi An and has now grown into a global phenomenon. 

Hanoi’s botanical garden turns into catwalk for Autumn-Winter Fashion Week

 A catwalk will be installed at the botanical garden in central Hanoi for the Autumn-Winter fashion week, to take place from March 22-24.

Five Vietnamese killed in Thai deadly bus accident

 Five Vietnamese workers were killed in a bus accident in Thailand on March 23 when a truck crashed into a 16-seat passenger car and both plunged into a canal in Tha Muang district, Kanchanaburi province.

ASEAN Chairmanship 2020: Vietnam’s role and responsibility

 Vietnam will assume the ASEAN Chair on January 1st, 2020, the 2nd time in the post. With new national status and strength, Vietnam will continue to affirm its position and responsibility in ASEAN and push ASEAN forward in the global political arena.

E-commerce: Vietnamese firms advised to pursue niche strategy against foreign giants

VietNamNet Bridge - Believing that Vietnam’s e-commerce will be controlled by foreign groups, analysts say Vietnamese firms still can find a viable space in the bustling market.

BUSINESS NEWS IN BRIEF 24/3

VN firms advised to stay alert to risks of US-China trade tension, FDI firms contribute ideas to promote growth in HCM City, Can Tho seeks logistics centres for air transport, Seaport logistics sector to play bigger role in Hai Phong’s economy

Flow of real estate capital shifts to small provinces

Real estate credit tightening, oversupply in the high-end market segment, and the policy on restricting  licensing to housing projects are all expected to pose challenges for realtors this year.

Why does Vietnam lag behind?

Vietnam is economically lagging behind other countries in the region and in the world. There is a big gap in GDP per capita between Vietnam and other countries, which makes it difficult for Vietnam to catch up with them.

Giving thanks to the forest

 A forest worshipping ceremony is among the biggest traditional events of the year for the Mông ethnic minority group in Nà Hẩu Commune in the northern province of Yên Bái.

Vietnamese firms urged to go digital to keep competitive

 Vietnamese businesses have been urged to embrace digital transformation to remain competitive and enhance their value.

Water well – treasure of a village

Village wells, together with banyan trees, communal houses, and river wharves, are symbols of Vietnam’s northern villages.

 

Vietnamobile appoints Christina Hui as new CEO

 Vietnamobile Telecommunications JSC (Vietnamobile) has appointed Christina Hui, a representative from Hong Kong’s Hutchison Group, as its new CEO, succeeding Elizabete Fong.

More Vietnamese consumers embracing digital payments: Visa

 Vietnamese consumers are embracing digital payments as a faster and more convenient way to pay, with consumers using their credit and debit cards more often for in-store and online purchases, digital payment methods provider Visa said on Thursday.

Giving thanks to the forest

A forest worshipping ceremony is among the biggest traditional events of the year for the Mông ethnic minority group in Nà Hẩu Commune in the northern province of Yên Bái.