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Real estate booms in HCMC's suburban areas

The real estate market is picking up in the areas surrounding Ho Chi Minh City as inner-city options become limited and the infrastructure of these provinces is improving.

M&A deals increase during time of crisis

More M&As are expected this year, experts say.

Hard-working artist breathes life into poonah paper

Dó (Poonah) paper has been widely used in Vietnam’s famous Dong Ho and Hang Trong folk paintings. Drawing on poonah paper requires a very difficult technique that very few Vietnamese painters can master.

COVID-19: The truth is always the strongest argument

International experts and media have been trying to explain Vietnam’s extraordinary success in fighting the COVID-19 pandemic.

VIETNAM'S BUSINESS NEWS HEADLINES JUNE 29

Reform must focus on removing inconsistencies, overlaps in business regulations: VCCI

Quang Ngai: Near-shore coral reef threatened by tourism activities

The near-shore coral reefs in Quang Ngai Province are being damaged by careless tourists.

COVID-19-induced uncertainty affects bond markets

The COVID-19 pandemic continues to drag on local currency bond markets in emerging East Asia, including Vietnam, as investment sentiment globally and in the region wane and containment measures limit economic activity.

No licenses for transport firms with foreign holding of over 51%

Vietnamese transport firms wherein foreign investors contribute over 51% of the chartered capital will not be licensed, according to the Ministry of Transport.

Vietnamese businesses burdened with taxes, FIEs at ease with tax exemptions

Studies have found that Vietnam’s taxation system offers many incentives to foreign invested enterprises (FIEs), but puts an increasingly heavy burden on Vietnamese enterprises and people.

Teacher works to stamp out child drownings

After seeing parents grieving their drowned children, a physical education teacher of the northern province of Thanh Hoa decided to build a swimming pool and teach students how to swim for free.

Vietnam apparel firms won't see instant benefits from EVFTA

Vietnamese apparel companies will not enjoy immediate tariff cuts after the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect, as they have to overcome strict rules of origin.

Vietnam confirms 12 Pakistani pilots ‘are working’ for local airlines

The Civil Aviation Authority of Vietnam (CAAV) confirmed on June 28 that it has licensed a total of 27 Pakistani pilots to work in Vietnam, but only 12 of them are currently flying for local airlines.

Street festival promotes Hanoi’s diverse culture

A street cultural festival themed “Hanoi – Green Destination” took place at the pedestrian zone in the city downtown on June 27 evening, attracting thousands of local residents and visitors.

COVID-19: British pilot to return to UK on July 12

The British Embassy in Hanoi has sent a note to the Vietnamese Ministry of Foreign Affairs and the Ministry of Health, requesting for repatriation of the British pilot infected with the coronavirus, the most severe case in Vietnam.

Vietnam opposes wrong location caption in American film

Authorities of the central city of Quang Nam have requested to suspend the broadcast of an American series aired on Netflix in which Hoi An was dubbed a Chinese landmark.

International Day of Yoga marked in Ninh Thuan, Thanh Hoa

The Embassy of India and the southern province of Ninh Thuan held an event marking the sixth International Day of Yoga in Phan Rang-Thap Cham city on June 28, drawing nearly 1,000 participants from yoga clubs in the southern region.

Qualcomm launches first R&D facility in region in Hanoi

Qualcomm Vietnam Company Limited has launched a new research and development (R&D) facility in Hanoi.

HCM City’s housing industry faces difficulties

The property industry in Ho Chi Minh City, and in fact the country in general, faces several problems that need urgent solutions, especially with regard to legal provisions.

Latest Coronavirus News in Vietnam & Southeast Asia June 29

Vietnam records no new community COVID-19 cases for 74 straight days

Vietnam slashes auto registration fee by half

Prime Minister Nguyen Xuan Phuc has just signed Decree 70 allowing the cut of 50% of the registration fee for customers who buy locally-produced and assembled automobiles, effective June 28.