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Solar farm developers fear losses of trillions of VND

As current policies are unclear, many solar farm project developers cannot sign contracts on selling electricity to the Electricity of Vietnam (EVN).

Suspension of flights from and to Da Nang extended

The Ministry of Transport has continued to order a halt to flights from and to the central city of Da Nang as the Covid-19 pandemic remains complicated.

 

HCM City: supermarkets slash food prices amid Covid-19

Many supermarkets in HCM City have reduced prices of essential goods to share with customers during the pandemic.

 

Coronavirus: Putin says vaccine has been approved for use

Russian President Vladimir Putin has said a locally developed vaccine for Covid-19 has been given regulatory approval after less than two months of testing on humans.

 

Hanoi fines locals failing to wear face masks in public areas

Plenty of people throughout Hanoi have been fined for not wearing face masks in public places, with their failure increasing the risk of spreading the novel coronavirus to others whilst also failing to protect the health of their fellow residents.

VN firms fail to take up tax payment postponement policy

The Government’s policy of a five-month extension for tax payment deadlines did not attract a large number of firms.

 

UN Security Council looks into situation in Lebanon, Sudan

The UN Security Council (UNSC) held an online meeting on August 11 to discuss the situation in Lebanon and recent developments in the Darfur region of Sudan.

Vietnam's real estate market prospects uncertain

The new outbreak of Covid-19 and the heavy fluctuations of financial investment channels are creating big challenges for the real estate market.

VIETNAM'S BUSINESS NEWS HEADLINES AUGUST 12

Foreign firms to gain greater footing in petrol retail market

PM approves implementation plan for EVFTA

The Prime Minister has approved a plan to implement the EU-Vietnam Free Trade Agreement (EVFTA).

Foreign markets to reopen door for Vietnamese workers

Foreign markets such as Japan, Germany, and Taiwan (China) have moved to welcome Vietnamese workers yet again, according to the foreign labour management department at the Ministry of Labour, Invalids and Social Affairs.

 

Coach Chung back to lead HCM City FC

After sacking him as coach just weeks ago, HCM City FC have hired coach Chung Hae-seung again on a new contract.

Spaniard depicts vibrant Vietnam using monochrome photos

Black and white photos reflecting life and culture of modern Vietnam by Spanish architect Salvador Pérez Arroyo is on display at an exhibition at Vietnamese Women’s Museum, Hanoi.

Latest Coronavirus News in Vietnam & Southeast Asia August 12

One more person tested positive for coronavirus in Hanoi

Thai ethnic people’s traditional brocade weaving

Thai ethnic people in the Northwestern region are renowned for their traditional craft of brocade weaving that has been preserved for many generations.

Vietnamese private enterprises increase investments abroad

While private enterprises have made more outward investments, state-owned enterprises (SOEs) have been gradually reducing their investments, reported Bizlive.

Auto firms urged to have suitable business plans amid COVID-19

Automobile producers are observing the complex changes of the second wave of the COVID-19 pandemic to adjust their businesses.

 

Vietnam lauds Canada’s support to ASEAN in COVID-19 fight

As ASEAN Chair 2020, Vietnam lauded Canada’s support to the Association of Southeast Asian Nations (ASEAN) in the fight against COVID-19 at the virtual 17th ASEAN-Canada Dialogue on August 11.

Korean man arrested for swindling $3.5 million from investors

The HCM City People’s Procuracy announced on August 11 that it has approved decisions on commencing criminal proceedings against and arresting a Korean man and a Vietnamese woman on charges of “swindling to appropriate assets.”

Hanoi Chairman under investigation, suspended from duties for 90 days

Chairman of Hanoi People’s Committee Nguyen Duc Chung has been suspended from work under a decision freshly signed by Prime Minister Nguyen Xuan Phuc.