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VN banks upbeat about charter capital hike in 2020

Banks, especially State-owned banks, are expected to increase their capital significantly this year as they are allowed to retain profits or pay dividend in shares instead of cash as previously.

Trade, investment agreements deepen and broaden Europe-Vietnam economic ties

Ambassador of the European Union Delegation to Vietnam Giorgio Aliberti shared his comment on the effects of the EVFTA and EVIPA on the EU-Vietnam economics relations.

Samsung: Court rejects Lee Jae-yong arrest warrant request

The decision comes after Lee Jae-yong was convicted in 2017 over a political and corporate scandal.

George Floyd murder suspect Derek Chauvin has bail set at $1.25m

Ex-policeman Derek Chauvin is accused of murdering the unarmed black man by kneeling on his neck.

ILO lauds Vietnam’s move to tackle forced labour

The International Labour Organisation has sent its congratulations to Vietnam after the 14th National Assembly adopted a resolution ratifying the country’s membership of the Convention on the Abolition of Forced Labour (Convention 105), 

VN condotel market: how long will the hibernation period last?

With the number of foreign travelers decreasing sharply and legal problems remaining unsettled, the condotel market is the 'darkest' part of the real estate market.

Recruitment demand in IT industry quadruples

The recruitment demand of the IT industry has quadrupled after a decade, according to the report “Information Technology Human Resources of the 2010s and 2020" released by VietnamWorks, 

Vietnam lauds progress made by UN Security Council’s Residual Mechanism

Vietnam spoke highly of progress made by the United Nations Security Council (UNSC)’s International Residual Mechanism for Criminal Tribunals (IRMCT), 

Youth and Innovation for Ocean initiative launched

UNESCO has launched the “Youth and Innovation for Ocean” initiative to promote the role of young people and young scientists in putting forward innovative and practical solutions to reducing, reusing, recycling, 

Local enterprises must raise product quality to surmount EU barriers: experts

Experts have suggested Vietnamese enterprises improve product quality standards to overcome barriers imposed by the fastidious yet promising EU market, thus optimising the advantages to be generated from the EU-Vietnam Free Trade Agreement (EVFTA).

The Coast Guard actively spreads love for the country’s sea and islands

The contest "I love my country’s sea and islands" took place at Nhat Quang Secondary School (Phu Cu district, Hung Yen province) on May 30 attracted 50 students.

Major French video game company opens office in Da Nang

France’s Ubisoft, one of the four largest video game companies in the world, officially opened an office in the central city of Da Nang on June 8.

Clever Group president: WeFit may be first of startup bankruptcies in 2020

During Covid-19, investors become hesitant to pour capital into the economy in general and startups in particular. The startups living on fund raising will not be able to survive, according to Clever Group president Nguyen Khanh Trinh.

Latest Coronavirus News in Vietnam & Southeast Asia June 9

Vietnam records no new community COVID-19 cases for 54 straight days

Book on eco-warrior Greta Thunberg published in Vietnamese

A book about Greta Thunberg, the Swedish teenager who has been called “the voice of the planet”, has been published in Vietnamese by ThaiHa Books Company and the Swedish embassy in Hanoi.

EVFTA hoped to take effect on August 1

Minister of Industry and Trade Tran Tuan Anh and EU Trade Commissioner Phil Hogan reached consensus on the point of time for the EU-Vietnam Free Trade Agreement (EVFTA) to take effect, during their phone talks on June 8.

Student Vovinam tournament begins in HCM City

Some 1,620 students from 300 primary, secondary and high schools in HCM City are competing in the third Phu Dong Sports Tournament for the Vovinam Nestlé MILO Cup, 

IT businesses vow to support Hanoi in smart city development

Hanoi aims to become a smart city with Al and Big Data as the core technologies.

Consumer lending expected to recover well after pandemic ends

Will consumer loans remain a money-spinner for banks post-COVID-19? This was a question recently posed by market observers after witnessing the pandemic’s big economic impact on individuals and households,

Ballet Kieu to be staged in HCM City this month

A ballet based on Truyện Kiều (The Tale of Kiều), the 18th century poetic masterpiece by the great poet Nguyen Du, is expected to be staged at the HCM City Opera House this month.