Young doctor dreams of 'Made in Vietnam' pharmaceuticals

Truong Thanh Tung is a young doctor with great aspirations. With experience working abroad, Tung and his research team hope to make antiviral drugs in Vietnam to treat infectious diseases such as COVID-19.

Getting old before getting rich: Thailand’s story and lessons for Vietnam

Thailand's "golden population" period is expected to end in 2025. The country is likely to become the first in Southeast Asia to have an aging population before it becomes prosperous. This is a warning for Vietnam.

Vietnam's real estate market riding high

Favourable factors, including the Government’s support packages and the reopening of tourism, have given a fresh impetus to the real estate market.

Italian model finds fame from Vietnamese reality show

Italian model Elia Marchetti hit the headlines when he appeared on the popular reality show, Quý Ông Hoàn Mỹ (The Next Gentleman).

Capital city Hanoi to assess feasibility of new metro line

Hanoi will assess critical elements of the Hanoi Station-Hoang Mai metro line project (Line No.3) starting in 2022.

Preventing monopolies, eliminating cronyism: how to improve the business environment

A more open mechanism is needed to create resources and driving forces for socio-economic development amid the safe and flexible adaptation to the pandemic.

Bidding mechanism to be applied to unfinished solar, wind power projects

The Ministry of Industry and Trade (MOIT) has submitted a statement to the Prime Minister on a bidding mechanism which allows purchase of electricity from solar and wind power projects which remain unfinished.

Beauty giant Sephora enters Vietnamese market

Cosmetic retail giant Sephora recently confirmed that it has begun operating an e-commerce store specifically for the Vietnamese market following five months of running on a trial basis.

Map of Vietnam’s agricultural products in the pipeline

The Ministry of Industry and Trade (MoIT) is in the process of developing a map of Vietnamese agricultural products as part of efforts to introduce each locality’s farm produce to potential customers via online platforms.

Watchdog agency punishes violators, ‘cleans’ stock market

Many stock market manipulation cases have been discovered, and violators have been heavily punished in an effort to make the market more transparent.

VIETNAM NEWS HEADLINES MARCH 31

Nearly 1,700 Vietnamese people return home safely from Ukraine

 

FLC Chair sees stock assets plunge following arrest

Among FLC-family shares, ROS shares saw the stock assets of FLC Chair Trinh Van Quyet climb to a peak and then fall.

Bamboo Airways chair arrested, CAAV to supervise the air carrier

On March 30, the Civil Aviation Authority of Vietnam had an urgent meeting with Bamboo Airways’ leaders following the arrest of Trinh Van Quyet, Chair of FLC Group and Chair of Bamboo Airways, who has been charged with stock market manipulation.

Vietnamese game Axie hacked for more than $600 million

As many as 173,600 Ethereum and 25.5 million dollars have been withdrawn from Axie Infinity’s system. With that scale, this is one of the most serious attacks in the history of the cryptocurrency industry.

VIETNAM BUSINESS NEWS MARCH 31

Environment tax reduction on fuels to come into life from April 1

 

FLC Group has new chairman after Quyet’s arrest

Property developer FLC Group announced on March 31 that Dang Tat Thang will be chairman of the group and Bamboo Airways until a new decision from shareholders' meeting and the board of directors.

Vietnam plans COVID-19 vaccination for children aged 5-11 from April

The Ministry of Health has asked localities to prepare for vaccinating children aged 5-11 against COVID-19 from April, using vaccine donated by the Government of Australia.

Vietnam set new records with draw against Japan

Vietnam's 2022 World Cup journey has come to an end, but the records set by Park Hang-seo’s men means they can hold their heads high. 

Dong Thap seeks nod for specialized economic zone

The Dong Thap Province has proposed the central government allow it to establish a specialized economic zone in the provincial border gate economic zone to fuel economic growth in the border area.

HCM City still pays for pumping service despite no floods

Nguyen Huu Canh Street in HCMC’s Binh Thanh District no longer faces floods following its upgrade, but the city still spends over VND14 billion a year to rent a massive pumping system.

Policy vision: outdated regulations hold back auto industry

Looking back at the history of the automobile industry in Vietnam, the biggest limitation is the vision and capacity of policy makers.

Stock market manipulation almost brought huge sum to FLC chairman

High-profile FLC Group chairman Trinh Van Quyet would have enjoyed illicit perks worth over VND530 billion if his sale of 74.8 million FLC shares had not been cancelled in January for his failure to disclose information prior to the transaction.

Vietnamese businesses on way to recovery after pandemic

Meta’s survey shows that small and medium enterprises (SMEs) in Vietnam are affected by the new Covid-19 strain, but optimistic signals are revealed.

Cheap fruit piles up on sidewalks

“Rescue dragon fruit. Just VND90,000 per box of 20 kilograms.” “Watermelon surprisingly cheap at VND5,000 per kilogram.” These are the sales pitches heard by Phung Thi Tho in Hoang Mai district in Hanoi every day.

Facebook, Youtube remove thousands of ‘fake news’ items

More than 3,200 videos and articles with false or fake information were removed by cross-border platforms in Vietnam in the first quarter of 2022.