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Post-lockdown bicycling fever in HCM City

Cycling has become increasingly popular post-outbreak. Ho Chi Minh City's bike rental service has consequently been occupied with serving many customers.

VIETNAM BUSINESS NEWS NOVEMBER 6

Leaders lay stepping stones for financial inclusion

‘Three-no bonds’ raise concerns

Some lots of real estate bonds issued under private offerings are expected to become due by the year end. The solvency of issuers amid the difficulties caused by Covid-19 remains questionable.

Experts discuss State budget estimate for 2022

State budget allocation should prioritise poor localities with a high number of migrant workers, said Dr Nguyen Duc Thanh, director of the Vietnam Centre for Economic and Strategic Studies (VESS) at a seminar.

HCM City sees rise in new COVID-19 cases, hospitalisations

The number of COVID-19 cases and hospitalisations in HCM City has increased slightly over the past two weeks, with most hospitalised patients having mild symptoms, according to a survey conducted by the city’s Department of Health.

Digital transformation - an urgent solution in smart manufacturing

Digital transformation is no longer a goal but an imperative action of businesses, especially of manufacturing businesses.

Vietnam, France issue joint statement

Vietnamese Prime Minister Pham Minh Chinh and his French counterpart, Jean Castex, have affirmed their determination to further deepen the Vietnam-France strategic partnership signed in 2013.

Prime Minister Pham Minh Chinh receives OECD Secretary General

Prime Minister Pham Minh Chinh received Mathias Cormann, Secretary General of the Economic Cooperation and Development Organisation (OECD) in Paris on November 5 (local time) during his official visit to France.

Economist warns of side effects from bailouts

Vietnam is considering an unprecedented support package, including tax reductions, interest rate subsidies and cash to people. However, the package needs to be tailored to the economy’s size or it will cause “side effects”, an expert has said.

Farm exports on the rise despite Covid-19

Vietnam’s farm exports continue growing, serving as the pillar of the economy. Exporters are sprinting to export more produce for the year-end sale season.

Cat Linh-Ha Dong urban railway prepares for formal opening

Finally, the Cat Linh - Ha Dong urban railway is set to begin service after a long period of planning and construction. 

Sparkling ‘wedding-dress street’ in HCM City loses glitter amid pandemic

Couples have had to delay their weddings because of social distancing, and contracts signed with photography studios have been canceled, leaving wedding shops with slow sales.

Borrowers fall into trap of low-interest loans offered online

Scammers are impersonating officers of online lending apps, promising loans at low interest rates in order to appropriate money from people.

Hoang Nam cruises through to quarter finals of fifth M15 Sharm El Sheikh

Local tennis player Ly Hoang Nam has progressed to the quarter finals of the fifth M15 Sharm El Sheikh after defeating Akram El Sallaly of host country Egypt on November 4.

Japanese Film Festival to be held online in Vietnam

Cinema lovers nationwide will be given the opportunity to view several Japanese movies wherever they are through the Japanese Film Festival (JFF) Online, with the event scheduled to get underway from November 15.

Virtual currency: a new game for Vietnam

It is likely that the piloting of virtual currency will be the second sandbox in Vietnam after Mobile Money to offer the market a new and convenient means of payment in the digital economy.

 

Vietnam faces IT workforce shortage

Although the pandemic has disrupted industries all over the globe, some think it could be a catalyst that accelerates the digital transformation and opens a new era for the digital economy.

Classic Antigone set for Hanoi stage

LucTeam Theatre will be the first team performing Antigone on Saturday under a theatre project to popularise the work by Sophocles – one of classical Athens' greatest playwrights.

Businesses resume production, gear up towards the finish line

“I could not believe my eyes,” said Tran Thanh Son, head of the human resources department of Song Ngoc Garment Company when talking about the current busy production lines at his company.

HCM City needs advanced waste-treatment technologies, say experts

HCM City will need to adopt advanced energy-efficient waste-treatment technologies that safeguard the environment, and seek recycling technology to achieve a circular economy, experts said.