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Economists: Vietnamese economy could grow by 6.86 pct in 2019

Economists have forecast that the Vietnamese economy could grow by 6.86 percent this year, higher than the 6.6 – 6.8 percent set by the National Assembly.

Vietnamese designer to unveil newest ‘ao dai’ creations in Canada

Famous Vietnamese designer Vo Viet Chung will unveil his latest collection of Vietnamese traditional ‘ao dai’ at the "Gala ‘ao dai’ Canada 2019" from July 13-19.

HCM City wants to cooperate with European businesses in smart city

Ho Chi Minh City is keen to cooperate with European businesses in building a smart city, Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen has said.

African swine fever spreads over 62 localities

African swine fever (ASF) has spread across 62 out of 63 provinces and centrally-run cities in the country, forcing the cull of more than 3.3 million pigs.

Six US activists honoured with peace medal

Six peace activists from the US have been awarded with the “For peace and friendship among nations” medal by the Vietnam Union of Friendship Organisations.

Vietnamese Soviet martyrs honoured at Moscow museum

Five Vietnamese martyrs who voluntarily joined the Soviet Union’s Red Army during the war against the German fascists have been honoured at the Central Armed Forces Museum of Russia in Moscow.

VN population tops 96.2 million, ranking 15th in the world

Vietnam’s population has reached 96.2 million people as of April 1, ranking 15th in the world and third in the Association of Southeast Asian Nations (ASEAN).

NA Chairwoman holds talks with Chinese National People’s Congress leader

Chairwoman of the National Assembly Nguyen Thi Kim Ngan held talks with Chairman of the Chinese National People’s Congress (NPC) Li Zhanshu in Beijing on July 11.

Hanoi to celebrate 20 years of winning title “City for peace”

A wide range of activities will be held to celebrate 20 years since Hanoi was recognised as a “City for peace” by UNESCO (July 16, 1999).

Vietnamese like Japanese kitchenware, even secondhand

Many Vietnamese would rather use Japanese second-hand home appliances rather than new Vietnamese products. As a result, electronic waste continues to be imported to Vietnam.

BUSINESS NEWS 12/7

Hanoi: 80 percent of new landed property supply located in the east

 

Chamber music concert features young talents

The Saigon Chamber Music ensemble will host the “Young Virtuosi Concert 2019” at the HCM City Conservatory of Music on July 13.

Vinasun appeals VCC’s conclusion on Grab-Uber merger

Vinasun has voiced its opposition to the conclusion of the Vietnam Competition Council (VCC) that the merger between ride-hailing firms Grab and Uber in the country showed no signs of economic concentration.

 

How are foreign retail giants performing in Vietnam?

Auchan has left the Vietnamese market. MM Mega Market and Big C have seen revenue decrease. But Aeon Mall and Lotte Mart continue to expand.

Trade Ministry transfers 11 debt-laden megaprojects

The Ministry of Industry and Trade has transferred the jurisdiction over State capital at 11 out of 12 loss-making megaprojects to the Commission for the Management of State Capital at Enterprises.

 

S. Korean, Chinese investors dominate tenders for North-South expressway subprojects

Tenders for building three sections of the North-South Expressway project have attracted a total of 27 investors, including 18 firms from South Korea and China.

 

Landslides cause traffic jam on highway in Lai Chau

Heavy rains in recent days have caused many landslides, especially on national highways, in the northern mountainous province of Lai Chau.

Binh Duong to host international three-cushion billiards event

The International three-Cushion Billiards Tournament will take place in the southern province of Binh Duong from Thursday to Sunday.

Vingroup sets up airline

Major local conglomerate Vingroup has established its own air carrier called Vinpearl Air with charter capital of VND1.3 trillion.

 

VN banks more vulnerable to shocks as leverage rises: Fitch Ratings

Vietnam’s banking system is becoming more susceptible to shocks as household leverage continues to increase, but near-term risk appears limited amid the benign operating environment and strong economic growth.