Vietnam needs to change approach to digital transformation

Mr. Hoang Quang Phong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI), said the Covid-19 pandemic has forced all travel firms to choose digital transformation or death.

VIETNAM NEWS HEADLINES JUNE 19

US hospital ship arrives at Vung Ro Port for Pacific Partnership 2022

The risk of surging deposit rates

In addition to the risk of bad debts owed by Covid-hit customers, the rise of deposit interest rates rapidly rising is seen as the main risk for the banking system now and in the future.

VIETNAM BUSINESS NEWS JUNE 19

Vinh Phuc seeks further Japanese investment

Odd jobs in Vietnam: smelling jackfruit, folding clothes

There are a number of strange jobs in Vietnam which allow people to earn big money.

Wind turbines are idle, wait for new policies

The fate of unfinished wind power projects which failed to enjoy the FIT (feed in tariff) because they could not become operational prior to November 1, 2021 is uncertain.

Reducing petroleum prices to curb inflation

The news that the Ministry of Finance (MOF) has proposed the further cutting of environmental protection tax and the removal of the petrol price stabilization fund has brought a fresh breath of air to people and the economy.

Thu Thiem land dispute remains unresolved

Announcement 1169 states there is sufficient evidence that land in the five quarters of Binh An, Binh Khanh and An Khanh wards is inside the Thu Thiem New Urban Area, so it cannot be disputed.

International Yoga Day 2022 celebrated at Hoan Kiem pedestrian streets

The 8th International Day of Yoga themed “Yoga for Humanity” was held on June 18 at Hoan Kiem Lake walking street zone.

Vietnam, Malaysia sign cooperation document on timber business

The timber and timber-based industries in Malaysia and Vietnam have signed a Memorandum of Cooperation (MoC) to further develop the timber trades in both countries.

From lunches at Amazon to the Vietnamese community in the US

Cherishing an ambition of helping the community, Le The Hien and his friends set up Vietnam Tech Society (VTS) with an aim to support students and help them find good jobs in the technology field.

Cu Chi lures investor interest with beneficial policies, location

The city’s Cu Chi District is attracting great investor interest with favourable policies, logistical advantages and future development plans.

Vietnam Airlines asked to report on attendants questioned by Australian authorities

The Civil Aviation Authority of Vietnam has confirmed that the authority has learnt about a case in which nine Vietnamese flight attendants were questioned by Australian authorities after they were found carrying a lot of cash.

Big countries set new tax rules, Vietnam has to weigh pros and cons

The fact that rich countries want to impose a global minimum tax of 15 percent has put Vietnam in an awkward situation. Vietnam would be able to collect bigger taxes but this could discourage multi-national enterprises.

Vietnam celebrates 200th birthday of blind poet

A series of cultural activities and art shows celebrating Vietnamese poet Nguyen Dinh Chieu's 200th birthday anniversary (July 1) are taking place in HCM City and southern provinces.

Vietnam presents precious map to House of European History

Vice President of the Diplomatic Academy of Vietnam Nguyen Hung Son has presented the “An Nam dai quoc hoa do” (Map of the Great Country of An Nam) to the House of European History in Brussels, Belgium.

Eureka moment for African swine fever vaccine in Vietnam

The successful production of an African swine fever vaccine is a significant development for the pig breeding sector in Vietnam, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Vietnamese aerobic team wins bronze medal at world championships

The members of the Vietnamese aerobics team earned a bronze medal at the 2022 Aerobic Gymnastics World Championships in Guimaraes, Portugal last night (local time).

AFC, AFF send condolences for death of former VFF Chairman

After receiving the confirmed information on the death of former Vietnam Football Federation (VFF) Chairman Le Hung Dung, the Asian Football Confederation (AFC) and the ASEAN Football Federation (AFF) sent letters of condolence to VFF.

HCMC seeks investment for 197 projects

The HCMC government is calling for investment totaling over VND943.9 trillion in 197 projects this year.

Vietnam stock market bounces back, more gains predicted: VinaCapital

Vietnam’s stock market is still cheap at 11.5 times forward P/E and expectations of EPS growth of over 20 per cent this year compared to an average P/E of 16.2 for its emerging market ASEAN peers.

From bean to cup, Vietnamese coffee is on the up

The first coffee beans were imported into Vietnam in the 19th century by French colonialists, who realised that the climate of the central highlands was perfect for growing the popular drink.

Nearly $430 million needed for Can Tho-Hau Giang section of North-South Expressway

A proposal has been sent to the Ministry of Transport asking for evaluation of a feasibility report on the construction of the Can Tho – Hau Giang section as part of the eastern route of the North-South Expressway.

Vietnam to grant FLEGT licence to wood exports in 2025

Vietnam is set to grant a licence under the Voluntary Partnership Agreement/FAO-EU Forest Law Enforcement, Governance and Trade (FLEGT) Programme to wood exports in 2025, after it completes preparing necessary conditions.

Legal proceedings launched against seven Mongolian nationals for stealing property

Legal proceedings have been initiated against seven Mongolian nationals involved in a theft of property worth nearly 1.2 billion VND ( about 51,800 USD).