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VIETNAM'S BUSINESS NEWS HEADLINES AUGUST 8

Industrial production declines in HCM City in seven months

ASEAN contributes to peace, stability of world and region

During its 53 years of constant development, ASEAN has been affirming its position in the region and the world. 

VN firms export products to Japan via retail channel

As demand is very weak now in the world market, Vietnam needs to respect every new opportunity to boost exports.

Vietnamese startups encountering challenges in IPO process

After a successful funding round to prove its strengths, a startup usually aims at the initial public offering (IPO) in order to expand its activities and increase its value. 

Soldiers on the front line of COVID-19 battle

“Thank you, soldiers!” This is the heartfelt sentiment of Vietnamese citizens returning home from overseas and quarantined at facilities in south-central Khanh Hoa province’s military units towards those who have cared for them in recent days.

Mekong Delta must be protected from natural disasters

Nguyen Van Dao, from the General Department of Meteorology and Hydrology talks to on the need to have a full and accurate report on saltwater intrusion  and the hydrometeorology system in the Mekong Delta.

Vietnam maintains ASEAN cooperation process despite pandemic: Indonesian ambassador

As rotating ASEAN Chair 2020, Vietnam has made great efforts to ensure the bloc’s cooperation activities take place in a timely manner amid the COVID-19 pandemic, affirmed Indonesian Ambassador to Vietnam Ibnu Hadi.

Vietnamese consumers become the most avid savers globally

Vietnam topped the world in terms of having the most avid savers with 72 percent, followed by Hong Kong (68 percent) and Singapore (65 percent), according to the Conference Board Global Consumer Confidence Survey released this week.

Vietnam raises contributions to global effort to respond to climate change

The updated NDC of Vietnam identifies mitigation measures for the 2021-2030 period, and strategic adaptation tasks and measures to minimize damage caused by climate change that are specific to each sector.

Singaporean imprint in the Vietnamese property market

Singaporean property developers are maintaining consistency with their ventures in Vietnam, based on generally healthy economic growth and an emerging middle class.

Sporting events in Vietnam suspended over COVID-19 fears

A number of national sporting events will be suspended to ensure the safety of those involved amid the COVID-19 outbreak, the Vietnam Sports Administration announced on August 7.

3-kg bread in An Giang among world's weirdest foods

The Giant Bread in the Mekong Delta province of An Giang has caught global attention as one of the world’s most bizarre foods.

Vietnam ready to cooperate in combating terrorism: diplomat

Vietnam is ready to join other UN member states and sides involved in fighting terrorism and organised crime for peace and stability regionally and globally, stated Deputy Foreign Minister Nguyen Minh Vu.

Facebook founder sees wealth hit $100bn after TikTok rival launch

The social media giant's shares rose on Thursday after the launch of its new TikTok rival Instagram Reels.

Getting legal framework up to speed with EVFTA

With the EU-Vietnam Free Trade Agreement coming into force, Vietnam’s investment and trade ties with the European Union are expected to receive a new boost.

HCMC Ballet, Symphony Orchestra and Opera cancels all concerts for the time being

It was made clear on Wednesday, August 5 that the HCMC Ballet, Symphony Orchestra and Opera (HBSO) was cancelling all concerts for the time being due to the Covid-19 situation.

 

Vietnam’s proptech startups favored by investors despite Covid-19

Many Vietnam’s startups have died young during Covid-19, but startups in the real estate sector, or proptech, appear to have been unhurt by the epidemic.

Vietnam to start building North-South Expressway in September

The three sub-projects set for construction in September are sections of Mai Son – National Highway No.45, Vinh Hao – Phan Thiet, and Phan Thiet – Dau Giay.

TikTok threatens legal action against Trump US ban

The Chinese firm says it is "shocked" by an order for US companies to stop doing business with the app.

25 survive cruise ship fire off Kien Giang coast

A cruise ship with 21 passengers and four crew members on board went up in flames on the morning of August 7, with no injuries sustained.