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Helicopters to be used for Quang Nam landslide rescue

Authorities in the central province of Quang Nam have planned to use helicopters in the rescue of eight people who are missing in two landslides.

 

Many provinces and cities have new leaders

Provinces and cities throughout the country have held their party congresses to elect new leaders for the term 2020-2025.

Without policies to encourage talented people, VN cannot develop

Commenting on the draft documents of the 13th Party Congress, many experts said that to make a breakthrough, Vietnam must have an elite team, and without sufficient policies to encourage talented people, Vietnam cannot rise up.

Stiffer fines for mask violators

The Vietnamese Government is planning to fine people who don’t wear masks in public places up to VND3,000,000 (US$130).

Full steam ahead with digital transformation

The ICT industry’s role has been significantly elevated by COVID-19 challenges, creating opportunities for it to leapfrog in development. 

Raising growth via public investment

The government has proposed a strong 5-year increase in public investment to achieve high economic growth, with more opportunities for private investors to join.

VIETNAM NEWS OCTOBER 30

Three Binh Dinh fishermen adrift at sea saved

Interest rates at record low, banks entice clients with car loans

Commercial banks are competing fiercely with each other to disburse car loans. Both lending interest rates and car prices are at a record low.

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 30

FDI reaches US$23.48 billion in ten months

Hanoi, HCM City to host Israel Film Festival 2020

The Israel Film Festival 2020 will run between November 12 and November 30, with both Hanoi and Ho Chi Minh City hosting the event.

Breathing life into fading Muong culture

Vu Duc Hieu is known for his love of Muong ethnic minority’s traditional culture and set aside 5 hectares of his own land to promote it in a private museum, which saw him win at Jeonju International Awards for Promoting Intangible Cultural Heritage.

North-South high-speed railway to be core part of national transport system

Prime Minister Nguyen Xuan Phuc asked the Ministry of Transport to propose a feasible plan for the North-South high-speed railway, considering this the backbone of the national strategy on railway development by 2050.

Vietnam’s super luxury car market shrinks because of sky-high taxes, fees

To own a super luxury car, one has to pay tens of billions of dong in taxes and fees, which are 3-4 times higher than imported car prices.

Education system urged to speed up digital transformation

Educational establishments should explore new ways of teaching, including online and through TV, radio and others, since the Government is seeking to speed up digital transformation in the sector,

Vietnam leading ASEAN-wide aims

ASEAN member states under the chair of Vietnam are beefing up efforts to fight the lingering coronavirus pandemic and prepare a recovery plan that will facilitate investment and trade inflows across the region.

New deals offering scope for Japanese businesses

Vietnam and Japan are entering new horizons for further bilateral investment ties, with the former becoming a key market for the latter’s businesses to shore up their supply chains overseas.

Vietnamese shooters aim for six goals at SEA Games

Vietnamese shooters aim to bag six gold medals to lead the medal tally for shooting teams in the Southeast Asian (SEA) Games 31 to be held in Vietnam next year.

Folk games and entertainment activities to be minimised at Keo Pagoda Festival

A major festival for residents in the Red River Delta is taking place in the Keo Pagoda in the northern province of Thai Binh.

Minister warns about development of small-scale hydropower

Answering the local press on the sidelines of the National Assembly session, Minister of Natural Resources and the Environment Tran Hong Ha said the principle of his ministry is ‘not to develop small-scale hydropower at any cost’.

Growing trade remedies a sign of rising export activity

As Vietnam is continuously increasing its presence and exploring new export markets, applied trade remedies against domestic producers and their goods have become more frequent.