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Industry Ministry’s unprofitable projects revived thanks to outsourcing jobs

Some unprofitable projects under the management of the Ministry of Industry and Trade (MOIT), called ‘trillion-dong zombies’, have begun making money.

EVFTA opens new markets for Vietnam steel industry

The freshly-signed EU-Vietnam Free Trade Agreement (EVFTA) will help the Vietnamese steel sector expand export markets in Europe, industry insiders said.

Vietnamese banks expect big inflow of foreign capital

Tens of trillions of VND is expected to be poured into Vietnamese banks by foreign investors in 2019 and 2020 as negotiations on many deals are running smoothly.

Vietnam warned its woodworks may be taxed by the US

Vietnam’s woodwork industry runs the risk of being watched by the US government for taxation as its export turnover has soared, especially in the context of the sharp rise in Chinese investment.

VN President’s order on promulgation of seven laws

The Presidential Office held a press conference in Hanoi on July 4 to announce the President’s order on the promulgation of seven laws which were adopted at the seventh session of the 14th National Assembly.

VN investment promotion conference held in London

More than 200 foreign firms attended a conference to promote investment in Vietnam in London on July 4, which was chaired by Minister of Finance Dinh Tien Dung.

Industry and Trade Ministry proposes rules on “Made in Vietnam” products

The Ministry of Industry and Trade (MoIT) has proposed the Government promulgate regulations on Vietnamese goods and ‘Made in Vietnam’ products as there are no specific rules on the issue.

Space helps youngsters get closer to ethnic cultures

Located in Ba Vi district, Hanoi, the Vietnam Village for Ethnic Culture and Tourism is a venue for visitors, especially youngsters to get an insight into traditional values of 54 local ethnic groups.

Vietnam calls for respecting national sovereignty, int’l law in East Sea

Vietnam suggests that all activities in the East Sea should respect sovereignty and legitimate and legal interests of countries and observe international law, especially the 1982 United Nations Convention on the Law of the Sea.

 

13 teams to compete at Asian women’s U23 volleyball tourney

As many as 13 teams will participate in the Asian Women's U23 Volleyball Championship for Dong Luc Cup, which will take place from July 13 to 21 in Hanoi, said the Vietnam Volleyball Federation on July 4.

Government bond futures contracts launched on HNX

The Hanoi Stock Exchange (HNX) began on July 4 the trading of five-year Government bond futures contract, a new product in the derivatives market.

Korean-led illegal poker gambling house bust in HCM City

Ho Chi Minh City’s police have busted an illegal poker gambling house led by Lee Seong-jin, a Korean citizen.

Stricter punishments for driving offences drafted

The Ministry of Transport is drafting a decree, stipulating stiffer fines for some of the most dangerous traffic law violations, especially on highways.

Citizen protection measures carried out for detained fishermen

The Ministry of Foreign Affairs has directed the Vietnam Embassy in Malaysia to work with Vietnamese and Malaysian competent agencies in handling the case related to Malaysia’s detaining of two fishing boats and 21 fishermen of Vietnam.

Easing external demand to weigh on Vietnamese manufacturing sector’s growth

Slowing global demand will have adverse impacts on Vietnam’s manufacturing growth in the remaining months of the year, experts forecast.

Vice President attends 2019 Global Summit of Women

Vietnamese Vice President Dang Thi Ngoc Thinh has called on nations, organisations and enterprises to join hands in building a legal framework to ensure equality in terms of opportunities for women.

Vietnam accepts nearly 83% of UN’s human rights recommendations

Vietnam accepts 241, or nearly 83 percent, of 291 recommendations made by UN member countries within the framework of the Universal Periodic Review (UPR) mechanism, said Deputy Foreign Minister Le Hoai Trung.

Forex reserves reach highest level to date

The State Bank of Vietnam (SBV) obtained a large amount of foreign currencies in the first half of 2019, pushing foreign exchange reserves recorded in the period to the highest level to date.

Armenian PM begins official visit to Vietnam

Prime Minister of Armenia Nikol Pashinyan and his spouse began an official visit to Vietnam from July 4-7 at the invitation of Prime Minister Nguyen Xuan Phuc.

Vietnamese market in Germany on fire

A blaze broke out at a 5,000m2 warehouse of the Dong Xuan Centre – a Vietnamese market in Berlin, Germany – on July 4, with smoke seen at a distance of several kilometres away.