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VIETNAM'S BUSINESS NEWS HEADLINES OCTOBER 24

Vietnamese goods worth US$1 billion enjoy EU’s tariff reduction thanks to EVFTA

Hanoi, the charming autumnal beast

The music video for The Charming Beast, a recently released song by British rapper Ian Paynton, starts with Paynton emerging from the waters of Hanoi's West Lake on an overcast, muggy day.

Positive trade signals since the effectiveness of EVFTA

Two months since the effectiveness of the EVFTA, Vietnam has seen positive signals in its trade exchange with the EU despite the negative impacts of the COVID-19 pandemic.

SCIC works on government fund plan

State Capital Investment Corporation is working on its transition towards becoming the Vietnamese government’s strategic investment fund, aiming to support the state’s endeavour in promoting economic growth.

Czech Republic to set up Consulate General in HCM City

The Czech Republic will soon establish a Consulate General in Ho Chi Minh City, to promote economic-cultural activities and consular work, Czech Deputy Ambassador to Vietnam Lukas Musil said on October 23.

Ride-hailing market becomes increasingly crowded

More and more ride-hailing services are entering the market despite the dominance of the pioneers Grab and Gojek, formerly known as GoViet.

Make-in-Vietnam digital product awards receive 239 entries

Entries for the first “Make in Vietnam” digital technology product awards closed on October 20 and 239 submissions were received in the two months since they opened on August 20.

Vietnamese, Malaysian foreign ministers hold virtual talks

Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh held virtual talks with Malaysian Foreign Minister Hishammuddin Hussein on October 23 

Da Nang issues key resolution shaping city’s growth

The 22nd Party Congress of Da Nang city concluded on October 22 after three days of sitting, with the issuance of a resolution targeting the comprehensive development of the city over the next five years.

Needing VND500 billion, boss Thuy mortgages assets at Kim Lien Hotel

Nguyen Duc Thuy, or boss Thuy, as he is known in Vietnam, is taking daring steps by mortgaging 819,450 shares issued by Kim Lien Tourism JSC held by Thaiholdings for a loan.

Legislators discuss access to information about HIV/AIDS patients

Most National Assembly (NA) deputies agreed on the need to issue a law amending and supplementing a number of articles in the Law on HIV/AIDS Prevention and Control, on the fourth day of the legislature’s 10th sitting, on October 23.

Rescue force discovers bodies of two workers, central region braces for typhoon

Soldiers of Military Zone 4 found the bodies of two workers buried in a landslide at Rao Trang 3 Hydropower Plant in Phong Dien District, the central province of Thua Thien - Hue on Friday.

Martial artist Ly Huynh dies after long illness

People’s Artist Ly Huynh, one of the pioneers who brought martial arts to Vietnamese cinema, passed away yesterday in HCM City after a long illness. He was 78. 

Students, enterprises work to reduce plastic waste in Vietnam

Nguyen Thi Ngoc, a student at Hanoi University of Science and Technology and a member of the Green Eye Group in the Youth for Environment Project, has proposed that customers should be allowed to take their used milk cartons or bottles

Vietnamese education lures over US$4 billion foreign investment capital

The number of foreign investment projects in Vietnam's education sector have increased by 321 compared to five years ago, the registered capital has also increased by over US$3.5 billion.

Halloween toys flood Hang Ma street

A range of exciting toys following the theme of Halloween have gone on sale on Hang Ma street in Hanoi’s Old Quarter with the festival drawing near.

Vietnam Jungle Marathon returns

After being postponed due to COVID-19 pandemic in May, this Saturday more than 1,100 runners will race up to 70km in the Vietnam Jungle Marathon (VJM) in Pu Luong Nature Reserve in the central province of Thanh Hoa.

Vietnam tech: Cooperating for creation, reaching out to the world

A cooperation agreement to develop a 5G gNodeB mobile base station system has been signed by Viettel High Technology Industries Corporation – VHT, a subsidiary of Viettel Group, and VinSmart Research and Manufacture JSC of Vingroup.

Hundreds of charity groups support Quang Binh flood victims

Hundreds of charity groups have come to the central province of Quang Binh to assist flood-hit victims with necessities.

HCM City ready for innovative urban area in east

The "main pillars" of a planned innovative urban area in the eastern part of HCM City are ready to be connected to form a new administrative unit.