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Vietnam addresses power market reforms

 In 2005, Vietnam introduced an electricity market to ensure the sustainability of the power sector for investors.

Hanoi flower market opened for Tet

 Hang Luoc Flower Market in Hanoi’s Old Quarter has been opened for the Tet holiday. 

Foreign funds bet on Vietnam’s e-payment platforms

 Experts said there are many favorable conditions for e-payment to make a leap in the country: the retail market and e-commerce are thriving, while bank cards and smartphones are more widespread.

Where will the Ministry get the money to fund 12 unprofitable projects?

The 12 unprofitable projects under the management of the Ministry of Industry and Trade (MOIT) need a bailout but it is still unclear where the money will come from.

Foreigners still keen on high-end real estate

 The launch of high-end residential projects and M&A activities proves the high-end segment continues to attract major investment from foreign developers though the trend may be set to change.

Vietnam aims to pocket US$30 billion from tourism in 2019

 The number of foreign visitors to Vietnam in 2018 was estimated at nearly 15.5 million, a 19.9% increase from 2017.

Higher foreign holding proposed to meet banks’ thirsty of capital

 Experts suggested the government currently can increase the foreign ownership limit at banks by 5 percentage points to 35 percent. Then, the rate will be continuously adjusted up to 51 percent in 2021-2025.

Vietnam’s first trial 5G license granted to Viettel

 The Ministry of Information and Communications has awarded the country’s first trial 5G licence to Viettel, the largest telecommunications company in Vietnam.

Vietnam aim to become giant-killing at Asian Cup

 Vietnam’s coach Park Hang-seo will set his side out to resist the attacking prowess of Japan in the quarterfinal of the Asian Cup in Dubai, the UAE, on January 24.

Vietnam’s satellite sends back first photos

 The first images taken by Vietnamese satellite MicroDragon were sent to a land station in Japan on January 23 morning (Vietnam time), according to the Vietnam National Space Centre (VNSC) under the Vietnam Academy of Science and Technology.

Vietnam named in top 60 innovative economies

 Vietnam has been named among the 60 most innovative economies in the world by the 2019 Bloomberg Innovation Index.

Singaporean naval ship visits Khanh Hoa

 The Singaporean naval ship RSS ENDEAVOUR with 90 officers and crew members on board anchored at Cam Ranh International Port on January 23, beginning a five-day visit to in the south central province of Khanh Hoa.  

Vietnam banks tend to secure overseas long-term loan facilities

 Cross-border lending serves as an effective alternative source to supplement banks’ mid- and long-term funding.

Vietnam's car imports fall to US$1.8 billion in 2018

 Thailand and Indonesia continued to be Vietnam’s main car import markets in 2018.

Tan Son Nhat Airport jammed again as Tet nears

 Tan Son Nhat International Airport in HCM City has become far more overcrowded as large numbers of overseas Vietnamese are returning home for the Tet holiday.

Vietnam signs 85th visa exemption agreement

 Deputy Prime Minister and Foreign Minister, Pham Binh Minh, and Minister of the Interior of Lithuania, Eimutis Misiunas, signed an agreement on visa exemptions for diplomatic passport holders from the two countries at a ceremony on January 23. 

Hanoi metro project misses operational target

 Construction on the Cat Linh-Ha Dong metro project has failed to keep to schedule.

Work on Sri Lanka on Hanoi Ceramic Road unveiled

A mural, depicting Sri Lanka's most stunning natural and cultural beauty, was unveiled on January 22 on Hanoi’s Ceramic Road. 

Vietnam to utilise Amazon e-commerce platform

 A recent trade deal signed between the Department of Trade Promotion under the Ministry of Industry and Trade and Amazon Global Selling has enabled Vietnamese enterprises to access more than 300 million online buyers on Amazon e-commerce platform.

PM lauds sea, ocean governance within WEF framework

 Prime Minister Nguyen Xuan Phuc lauded efforts in sea and ocean governance in his address at the world leaders’ meeting on taking action for the ocean in Davos, Switzerland, on January 23.