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VIETNAM NEWS HEADLINES JANUARY 13

PM requests tighter inspections to prevent corruption

Health ministry urged to fully vaccinate all over the age of 12 within January

Health minister Nguyen Thanh Long has urged localities to expedite the vaccination of people aged 12 and over, and complete administration of the primary series of vaccines, before the end of January.

Customs procedures reformed, but still burdening enterprises

The required customs procedures related to imports and exports have been simplified but enterprises are far from satisfied.

Market potential of elderly service industry growing fast

The increasing demand for services for the elderly has created investment and business opportunities for local and foreign investors.

 

Concerns over discarded face masks and the circular economy

How to treat used face masks is a new problem emerging during the fight against the Covid-19 pandemic.

Bad debts need to be curbed

After the Circular issued by the State Bank of Vietnam on debt restructuring, many bad debts of commercial banks have become non-bad debts because they do not have to change the debt groups.

Vietnamese photographer wins gold at int’l photo contest RGB 2021

The photo “Afternoon on the Cat Ba Bay” by Vu Manh Cuong has won the International Federation of Photographic Art (FIAP) gold medal at the international photo contest RGB 2021.

Power Development Plan VIII under revision again

The draft Power Development Plan VIII is being revised again and expected to be submitted to the Prime Minister for approval in the first quarter of 2022.

HCM City to complete COVID-19 vaccination for risk group by Jan. 20

Ho Chi Minh City plans to complete the vaccination of people at risk from COVID-19 by January 20 while pressing on with rapid testing for this group.

Land prices soar amid fear for Omicron

While affordable apartments are no longer seen in Hanoi and HCM City, apartments priced at hundreds of billions of dong are becoming popular.

M&A in technology booms during pandemic

The Mergers and Acquisitions (M&A) market in Viet Nam has been going through a downturn due to the pandemic, but the technology sector is bucking the trend.

A sweet treat in Can Tho

Chuoi nep nuong (grilled banana wrapped in sticky rice crust) is a popular dish in the Mekong Delta city of Can Tho. 

Hanoi to demolish run-down apartment buildings in 2023 Q3

Vice-Chairman of Hanoi People’s Committee Duong Duc Tuan has just approved a plan on renovating and rebuilding old apartment buildings in the capital.

Land fever disturbs rural areas, housing dreams squashed

Land fever has attacked not only large cities but also rural areas, leaving young people without hope of buying a house.

Transport Ministry proposes allowing private firms to invest in airport projects

The Ministry of Transport has proposed mobilizing private resources under the public-private partnership model for new airport projects, such as Quang Tri, Sa Pa and Cao Bang.

Red River Delta named among top 52 Places for a Changed World

The Vietnamese Red River Delta has been named among the list of the top 52 Places for a Changed World in 2022, as selected by the New York Times of the United States.

No change on mandatory rapid COVID-19 testing for air passengers from countries with Omicron

The Civil Aviation Authority of Vietnam (CAAV) has asked agencies to continue conducting rapid testing for all air passengers upon entry to Vietnam, who are from or have transitted in countries with new cases of Omicron.

Auction mechanism for sustainable development of renewable energy market under scrutiny

A Policy Dialogue on “Auction Mechanism for Sustainable Development of the Renewable Energy Market” was held via an online format on January 11 by independent think tank Vietnam Initiative for Energy Transition (VIETSE).

Banks criticized for sky-high interest rates, burdening businesses

Many banks made a high profit in 2021 thanks to high lending interest rates. However, they have been warned of ‘making a rod for their own back’.

Vietnam targets GDP per capita at US$3,900 in 2022

The Government has issued Resolution 01/NQ-CP on socioeconomic targets for 2022, following which the Government targets a gross domestic product (GDP) growth of 6%-6.5% and GDP per capita at US$3,900.