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VIETNAM BUSINESS NEWS OCTOBER 11

Con Dao airport to be upgraded to serve larger aircraft

Online movie distribution faces management challenges

Online distribution is becoming a global trend for the movie industry, particularly during the time when people are forced to stay at home due to COVID-19.

VIETNAM NEWS HEADLINES OCTOBER 11

More than 50% of companies manage to keep employees, ensuring their wages during COVID-19 outbreak: report

Venture capital in Vietnam may surpass US$1 billion in 2021

Venture capital in Vietnam will reach $600 million and may surpass $1 billion in 2021. The country is expected be an attractive destination for venture capital funds in the following years.

Two local bands perform at Asia Song Festival 2021

Vietnamese bands Super V and O2O Girl Band participated in the 2021 Asia Song Festival on October 9, with the event also featuring a number of other famous Asian artists.

Cryptocurrency and controversies about the future

El Salvador recently became the first country in the world to legalize bitcoin, which will be used to pay for goods and services as well as taxes.

Workers’ incomes reduce remarkably due to COVID-19 pandemic in Q3

The average monthly income of workers in most economic sectors in the third quarter declined compared to the previous quarter and the same period last year, according to the General Statistics Office (GSO).

Vietnamese-origin doctor brings Southeast Asia's largest genetic decoding center to Vietnam

The largest genetic sequencing center in Southeast Asia built by Genetica will be located at the National Innovation Center (NIC) of the Ministry of Planning and Investment. 

Software industry does well despite COVID pandemic

Though the pandemic has been devastating on economies around the world, including Vietnam, and businesses, it has created newfound opportunities for some industries, including software.

Japanese partner explains why Vietnam's NanoDragon satellite has yet to launch

According to the Japan Aerospace Exploration Agency (JAXA), the launch of the Epsilon 5 rocket carrying Vietnam's NanoDragon satellite will be deferred for a period of time.

Vietnam jumps two places in Integrated Index for Postal Development

According to the newly released Integrated Index for Postal Development (2IPD), Vietnam has moved two spots upward compared to 2020. 

Vietnamese currency forecast to strengthen against US dollar in 2021

Since July 2021, the Vietnamese dong has strengthened by 1.3 per cent against the US dollar and the unit has averaged VND23,930 per US dollar in the year-to-October.

 

Foreign businesses continue to see Vietnam as a good investment location

While a number of foreign companies have moved part of their production or orders to other countries, many said they still see Viet Nam as a good...

Vietnam Day in Switzerland 2021 promotes bilateral relations

The Vietnamese Embassy in Switzerland hosted Vietnam Day in Switzerland 2021 in an online format on October 9 to commemorate 50 years of diplomacy between the two countries.

Wedding rituals of the Cao Lan ethnic group

For Cao Lan ethnic people in Ba Che district, Quang Ninh province, a wedding is the result of a boy and a girl falling in love with each other while singing an alternating love chant called Sinh Ca.

NA Standing Committee convenes fourth session in Hanoi

The fourth session of the National Assembly (NA) Standing Committee is set to open on October 11 in Hanoi, 

Kompasu moves closer to East Sea, bringing torrential rains to many areas

Another tropical typhoon with international name Kompasu is moving closer to the East Sea on the morning of October 11, bringing heavy rains to many areas of North East Sea.

Studying online, via TV applied in 40 localities: Ministry

Online teaching and studying via the Internet and television were being carried out in 40 centrally-run cities and provinces nationwide as of October 8 due to impacts of the COVID-19 pandemic.

Vietnamese giants acquire foreign corporations

In 2020, Masan took over the tungsten division of H.C. Starck Tungsten, the world’s leading manufacturer with thermal resistance technology, as part of its plan to become a leading high-tech industrial material manufacturer.

Will Mobile World open new TopZone chain abroad?

The Gioi Di Dong (Mobile World) has revealed the opening of a new chain named TopZone, with many indications that it will be their second retail chain abroad.