Joint-stock banks reap high profits, threaten positions of state-owned Big 4 banks

Several commercial banks reported profits higher than VND10 trillion for the first half of the year.

Vietnamese fruit exports to China fall as consumption drops

Eleven Vietnamese fruits have been allowed to be exported to China through official channels. However, Chinese  consumption decreased during the pandemic, and, as a result, Vietnam’s exports to the market fell by $400 million in H1.

Vietnam’s largest waste-to-power enters use

The first phase of Vietnam’s largest waste-to-power plant became operational on July 25.

Vietnam win their opening at AFF U18 Women’s Championship

Vietnam trounced Singapore 9-0 in their opening Group A game at the AFF U18 Women’s Championship on July 24 in Palembang, Indonesia.

Credit demand set to grow in the final half of 2022

In the last half of 2022, banks may ease loan conditions so that more customers could access credit, given the positive economic outlook and their improving financial capacity.

Vietnam attaches importance to APEC cooperation

Vietnam always attaches importance to APEC cooperation in order to maintain peace, stability, cooperation and sustainable development in the Asia-Pacific region, said a Vietnamese diplomat.

Exhibition reveals the love stoires of soldiers and martyrs

Love always endures, even in the most difficult circumstances. An ongoing exhibition in Hanoi is giving visitors a glimpse of the emotional love stories of Vietnamese soldiers during the wars.

Vietnam wins three gold medals at 6th world vovinam championship

The Vietnamese team won three gold and one bronze medals at the 6th Vietnamese traditional martial arts (Vovinam) World Championship, which ended on July 23 in Paris, France.

Talented artists perform pieces by Czech composer at Toyota 2022 Concert

Talented local cellist Phan Do Phuc and artists from the Vietnam Symphony Orchestra are expected to deliver impressive performances of two famous works by Czech composer Antonín Dvořák in the Toyota 2022 Concert Program in Hanoi and Ho Chi Minh City.

Six more arrested in repatriation flight bribery scandal

Tran Van Du, former deputy head of the Immigration Department under the Ministry of Public Security, and five others have been detained for allegedly taking and giving bribes linked to the arrangement of Covid repatriation flights.

Nguyen Phi Long named as new Party secretary of Hoa Binh

The Politburo has picked Nguyen Phi Long, a 46-year-old alternate member of the Party Central Committee, as new secretary of the Hoa Binh Province Party Committee in the 2020-2025 tenure, replacing his predecessor Ngo Van Tuan

Demand for recruitment in Hanoi surges in H2/2022

Hiring is booming in Hanoi and labor demand keeps rising.

People flock to beaches to avoid summer heat

Travelers complain that the sea areas are too crowded these days, with traffic jams occurring in many places and difficulties in booking hotel rooms.

State Bank of Vietnam faces pressure on exchange rate

The State Bank of Vietnam is facing multiple pressures in 2022 in managing the foreign exchange rate

85 per cent of businesses expect better situation in Q3

Up to 85 per cent of enterprises in the processing-manufacturing and construction sectors expected better and stable business situation in the third quarter of this year, while only 15 per cent predicted that the situation may be tougher.

Government to write new draft on bad debt settlement

The national legislature has requested the Government to write a draft to prepare for the expiration of Resolution 42 on bad debt settlement and hand in the draft no later than May 2023, but insiders say the deadline is tight.

Prices rise as people tighten purse strings, retailers warned of difficulties

Retailers are facing difficulties as high inflation has affected consumer spending. Cao Thi Ngoc Dung’s PNJ and Truong Gia Binh’s FRT, for example, have seen their capitalization value drop by trillions of dong.

The peaceful charm of Yen Thinh beckons visitors

More than 100 kilometers from the capital city of Hanoi, Yen Thinh Commune in Huu Lung District, Lang Son Province, is where tourists can immerse themselves in nature.

Bidding procedures in healthcare sector are too complex, hospitals face medicine shortage

Experts say it is necessary to change the thinking about public procurement in the healthcare sector and quickly settle problems in regulations and drug bidding procedures.

Teen striker Viet proves goalscoring talent

Nguyen Quoc Viet shined brilliantly to be honoured as the top scorer in the tournament recently held in Indonesia.

War Invalids and Martyrs Day observed in Hanoi

A ceremony was held in Hanoi on July 24 to mark the 75th anniversary of War Invalids and Martyrs Day, with the attendance of President Nguyen Xuan Phuc, along with State leaders and 450 representatives of millions of people

Quang Ngai’s famed mackerel specialties

Many local delicacies use mackerels from the sea of Quang Ngai Province as their hero ingredient. The two most popular ones are mackerels in hot pure fish sauce and mackerels cooked with pickled muskmelon.

VND8-trillion public investment approved for bridge in Mekong Delta

The Government has approved an VND8 trillion-plus budget for the first phase of the Dai Ngai Bridge linking the Mekong Delta provinces of Tra Vinh and Soc Trang.

New Deputy Auditor General in charge of State Audit of Vietnam announced

Party secretary of northern Hoa Binh Province Ngo Van Tuan has been assigned as the Secretary of the Party delegation to and Deputy Auditor General in charge of the State Audit of Vietnam (SAV).

Steel manufacturers report losses as demand plunges

The warning by billionaire Tran Dinh Long has come to fruition: many steel manufacturers are facing serious difficulties.