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VIETNAM BUSINESS NEWS JANUARY 6

Vietnam issues plan on RCEP implementation

VIETNAM NEWS HEADLINES JANUARY 6

Lao Prime Minister to pay official visit to Vietnam

Still plenty of potential for Vietnam's tech companies to tap

Although Vietnam is placing great emphasis on the technology sector, the growth of technology stocks on the stock market is still modest compared to their potential.

Sale of unauthorised COVID-19 treatment drugs on the rise across social media

As the battle against COVID rages on, some are taking advantage of the anxiety and worry of others to make a fast buck, no matter the consequences. 

Trade remedies aid Vietnam's sugar industry

Trade remedies have helped the domestic sugar production industry to recover and farmers to stabilise production, according to experts.

Unknown man calls Vietnam Airlines, threatens to shoot down plane heading to Hanoi from Japan

An anonymous man called a Vietnam Airlines branch in Japan on Wednesday morning, and said that if a flight heading from Narita (Japan) to Hanoi did not turn back it would be shot down, according to the Civil Aviation Authority of Vietnam (CAAV).

Medicines with molnupiravir for COVID-19 treatment proposed to be licensed

An advisory council of the Ministry of Health (MoH) has proposed this ministry grant certificates of registration for conditional circulation of three medicines containing the active ingredient molnupiravir for COVID-19 treatment.

Market capitalisation on HOSE hits nearly 93% of GDP

Market capitalisation on the Ho Chi Minh Stock Exchange (HOSE) rose more than 42% year-on-year to VND5.8 quadrillion (US$254.83 billion) by the end of 2021, accounting for 92.77% of the previous year’s GDP.

More Vietnamese universities require IELTS and other international tests for admission

The 'fever' for getting an IELTS certificate has reached even rural areas as many families are sending their children to Hanoi to attend IELTS courses. Many parents see ILETS as a passport to enter the top universities in Vietnam.

One-day trip to Saigon’s suburbs

Binh Chanh—a suburban district of HCMC—is an ideal destination for travelers who are nature- and culture-lovers.

Reopening of flights difficult if quarantine is required: experts

Inconsistent quarantine policies and Covid patients’ statistics are making it difficult for the aviation and tourism sectors to reopen.

Corporate bonds under tight control this year

As the corporate bond market has shown signs of fast growth, this capital mobilisation channel will be closely inspected and controlled this year.

New policies in 2022: pensions go up slightly, petrol prices increase sharply

Some new policies affecting most residents in the country take effect in January 2022.

Stone Plateau specialty: waiting for flowers to blossom for honey production

On Dong Van Stone Plateau, peppermint trees bloom only once a year. But this is enough for local people to earn hundreds of billion of dong when releasing bees to suck flower nectar.

Trucks stuck at border gates put farmers under pressure

The Ministry of Industry and Trade (MOIT) has recommended that farmers increase production based only on market demand and orders.

Rice - the traditional soul of a nation

In Vietnamese cuisine, steamed sticky rice is very popular among all ethnic groups, as rice has been planted nationwide for thousands of years. 

The East Sea in US-China competition in 2021

The year 2021 was a turning point year in competition in the East Sea, between the countries inside and outside the region and China.

Vietnamese billionaires’ assets grow to nearly US$3 billion more in 2021

The total assets of six Vietnamese billionaires by December 23 reached nearly 20 billion USD, an increase of nearly 3 billion USD compared to figures announced by Forbes at the beginning of the year.

After 30 years, Vietnam's fertility rate drops by nearly half

Over the past 30 years, Vietnam's fertility rate has fallen dramatically. The total fertility rate (TFR) fell from 3.8 children/woman in 1989 to 2.09 children/woman in 2019.

35% of outbound tourist firms ask for withdrawal permit

According to the Vietnam National Administration of Tourism, at least 35% of international tour operators have applied to have their licenses revoked, while 90-95% of businesses are closed due to the impact of the Covid-19 pandemic.