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Vietnam Business News July 18/2024

Land Law to create investment waves in various sectors: Experts

Badminton player and cyclist to carry Vietnamese flag at Olympic Games

Badminton player Le Duc Phat and cyclist Nguyen Thi That have been chosen to hold the Vietnamese national flag during the opening ceremony of the 33rd Summer Olympic Games which will take place on July 26 in France.

Ninh Bình to host Miss Cosmo 2024 fashion show in September

International beauty contestants will take part in a fashion show, entitled Hello Cosmo, from Vietnam at the Trang An Landscape Complex, UNESCO World Heritage, in mid-September.

Hanoi to renovate and expand John McCain’s memorial

The renovation of the memorial sculpture for the late Senator, who was shot down over Hà Nội, aims to preserve the historical and cultural values of the site .

HCM City’s former vice chairwoman arrested for abuse of power

The former Vice Chairwoman of HCM City People’s Committee Nguyễn Thị Hồng has been arrested for alleged abuse of power during her official duties, the police said on Wednesday.

Hue becomes Vietnam's first city to build bike lanes on pavements

Hue City is the first locality in Vietnam to build bicycle lanes on pavements, with the work being in its final stage. They span the city’s main roads and run for over eight kilometres.

First Vietnamese university to train foreign medical postgraduates

By early 2025, the university plans to open the first courses in general medicine and dentistry for approximately 100 Indian students.

Vietnam News Headlines July 18/2024

Hoi An, Szentendre, Hungary to mark tenth anniversary of twinning

Thai autopsy finds cyanide in murder-suicide victims’ bodies in Bangkok hotel

At a press conference held earlier the same day, Thai police also said cyanide was found in all coffee cups at the scene, and one of the six is believed to have poisoned the others over debt issues.

Politburo updates health status of Party General Secretary Nguyen Phu Trong

Recently, following the recommendations of the Expert Council for Health Care of Central Officials, Party General Secretary Nguyen Phu Trong has been concurrently managing his duties and undergoing medical treatment and care.

Missosology picks Phuong Nhi among Top 20 Timeless Beauty 2023

Missosology, the world’s leading publication on beauty pageants, on July 16 named Vietnamese beauty Nguyen Phuong Nhi among the Top 20 Timeless Beauty 2023 shortlist.

“Ben Trong Vo Ken Vang” movie among top 20 Best Movies of 2024

Well-known film critic website IndieWire has named Vietnamese film “Ben Trong Vo Ken Vang”, known as “Inside The Yellow Cocoon Shell” in English, among its top 20 Best Movies of 2024.

Real estate businesses seek restructuring of overdue, coming due bonds

The pressure of maturing bonds is still weighing heavily on real estate businesses in Ho Chi Minh City, forcing them to find solutions to restructure debt.

National museum hosts Goodbye Art exhibition

Blurring the lines between selling art and the art itself is the aim of a new exhibition at the Vietnam Museum of Fine Arts.

Vietnam's textile industry gains edge with high-value production capabilities

Vietnam has scored higher overall than China and Bangladesh in the United States Fashion Industry Association (USFIA)’s recent survey comparing the competitive advantages of textile-exporting countries to the US.

Vietnam’s e-commerce market grows fastest in SEA

Vietnam, along with Thailand, are the two fastest growing e-commerce markets in Southeast Asia, according to the recently released report '2024 E-commerce in Southeast Asia' by Momentum Works.

Vingroup, Techcombank propose lower interest rates for social housing

Private conglomerate Vingroup and Vietnam Technological and Commcercial Joint Stock Bank (Techcombank) have proposed a new preferential credit package for social housing.

Japanese dolls, Ukiyo-e Arts to promote annual Hoi An-Japan cultural exchange

Exhibitions of Japanese dolls and Ukiyo-e Arts will introduce the opening ceremony of the annual 20th Hoi An-Japan Cultural Exchange in the ancient town on July 26-August 4.

Hanoi Int'l Film Festival to take place in November

The 7th Hanoi International Film Festival (HANIFF) will be held from November 7- 11, throwing open the doors of the capital to international filmmakers.

Khanh Hoa announces restoration of ancient Dien Khanh citadel

The Dien Khanh ancient citadel in the south-central province of Khanh Hoa is set for a facelift, with restoration and upgrade work scheduled to begin in September 2024.