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Banks rush to buy back bad debts

Many banks have bought back the bad debts that they had sold before to the Vietnam Asset Management Company (VAMC), taking a new step forward in bad debt settlement.

Shoes from China bearing Vietnam origin labels under investigation

Customs officers of Haiphong City have discovered a batch of sport shoes shipped from the Port of Xiamen in China to Vietnam bearing “Made in Vietnam” labels, Thanh Nien newspaper reported.

 

Politburo to discipline former Deputy PM over severe violations

Former Deputy PM Vu Van Ninh, 64, will be subject to disciplinary measures taken by the Politburo for his serious violations during the equitization of some State-owned enterprises under the Ministry of Transport.

 

Thu Thiem land dispute should be addressed early: official

All land disputes in the Thu Thiem New Urban Area should be fully resolved as soon as possible to safeguard residents' rights and interests, Nguyen Hong Diep, head of the Central Citizen Reception Board at the Government Inspectorate said.

Exam scammers could face years in jail

Eight former educators and police officers implicated in the 2018 national high school examination scam in the northern upland province of Son La could face jail terms of one to 10 years.

 

Chairman of Muong Thanh Group charged with client cheating

Investigators in the capital city of Hanoi have accused Chairman of Muong Thanh Group, Le Thanh Than, of cheating his clients in a housing project.

 

Vietnamese, Japanese artists to join Toyota Concert this August

Renowned Vietnamese and Japanese musicians will take stage at the Toyota Concert 2019, which is scheduled to run in Hanoi, northern Hai Phong city, and Ho Chi Minh City in three nights this August.

150 young Vietnamese expats join 2019 summer camp

As many as 150 young Vietnamese expats from 29 countries worldwide are joining the annual summer camp in Vietnam from July 10-26, according to the State Committee for Overseas Vietnamese Affairs.

Cashless payments record strong growth in Vietnam

The number of non-cash payments in Vietnam has steeply risen so far this year.

Vietnamese Bamboo Circus showcases Vietnamese life

Bamboo and circus are two familiar concepts in Vietnamese life, but sometimes familiarity and simplicity are anything but ordinary, especially when the two combines on stage to create an art show like the Vietnamese Bamboo Circus.

White Book on Vietnamese Businesses 2019 launched

The first edition of the White Book on Vietnamese Businesses was launched at a ceremony in Hanoi on July 10.

Vietnam, Italy convene third defence policy dialogue

The third Vietnam-Italy defence policy dialogue was held in Hanoi on July 10 under the co-chair of Deputy Defence Minister Be Xuan Truong and Undersecretary of State for Defence of Italy Angelo Tofalo.

VN top legislator meets Chinese businesspeople in Beijing

Chairwoman of the National Assembly Nguyen Thi Kim Ngan met with executives of some Chinese businesses in Beijing on July 10 as part of her ongoing official visit to China.

Vietnamese youth camp held in Ukraine

The Vietnamese youth camp took place in Kiev, the capital city of Ukraine, on July 8-9 with an aim to enhance exchanges between youth unions in major cities.

In Vietnam, e-wallet is hottest segment in fintech field

Vietnam’s fintech includes payment solutions, blockchain, big data management, personal finance and group mobilization, of which payment solutions are the fastest growing segment.

Vietnam to host Int’l Music Competition for Violin and Chamber Music

The Vietnam International Music Competition for Violin and Chamber Music 2019 will be held from August 3 to 11 with the participation of contestants from 19 countries around the world.

BUSINESS NEWS 11/7

Hanoi office rental maintains upward trend

 

Industrial infrastructure mostly serves FIEs

Vietnam has borrowed big money to develop industrial infrastructure, but this has mostly brought benefits to foreign invested IZs (industrial zones) and FIEs (foreign invested enterprises).

Suite Ballet Carmen to be re-staged in HCM City

Suite Ballet Carmen is one of the most successful productions of HBSO’s ballet division, and later this month it is being given two new performances.

Timely intervention needed for growth hormone deficiency

5-year-old Nguyen L. A. of Hanoi has been receiving treatment for her growth hormone deficiency at the National Hospital of Pediatrics nearly her entire life.