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New traders flock to local stock market

The steep decline of the local stock market as the coronavirus ravaged economies lured many new punters to the market.

Russia honours Vietnamese soldiers fighting in Great Patriotic War

Seven Vietnamese soldiers who once fought alongside Russian comrades in the Great Patriotic War now have their profiles included in the database of the ‘memorial road’ museum complex soon to be inaugurated in the suburb of Moscow.

Tra fish industry strives to win over domestic consumers

An event took place in Hanoi on June 9 to help promote the domestic consumption of tra fish products, a major foreign currency earner that has been hit hard by impact of the COVID-19 outbreak.

Property firms return to market after COVID-19

After a brief hiatus, property companies have been resuming sales of developments and revealing their post-COVID-19 business plans since the beginning of May.

Hanoi slated to be given more financial autonomy: NA

The Government on Tuesday presented in front of the National Assembly a proposed resolution, which would give Hanoi more autonomy in terms of finance and budget to pursue its development goals during a pilot period.

Australia and Vietnam: tackling the shared challenges of COVID-19

When I returned to Vietnam last year, decades after my first posting here in 1993, I was amazed at how far and how fast a country could develop over a 25-year period, and how much had changed.

HBSO hosts concert to mark Beethoven’s birthday

The HCM City Ballet Symphony Orchestra and Opera (HBSO) will host a concert celebrating the 250th birthday of Beethoven at the Opera House on Saturday.

Health ministry raises alarm over dengue fever

The Ministry of Health has announced Vietnam had reported more than 24,000 cases of dengue from the beginning of this year to early this month in 58 out of its 63 provinces and cities.

Seven Nigerians arrested for online scam

Police from the central province of Thua Thien-Hue have arrested 11 suspects, including seven Nigerians for cheating and illegally appropriating property, worth over VND120 billion (US$5.1 million), from Vietnamese citizens online.

Nearly 8,000 households face water shortage after dam collapses in Nghe An

Nearly 8,000 households in the northern province of Nghe An’s Do Luong Town are facing a shortage of water after a dam collapsed on Saturday.

E-commerce top players shrink to three

The e-commerce market is expected to witness competition between Tiki-Sendo, Shopee and Lazada, after Tiki and Sendo join under the same roof, slated for this year.

BUSINESS NEWS HEADLINES JUNE 10

PM okays new industrial park project in Binh Phuoc

International Day of Yoga to be held in Hanoi in June

The 6th International Day of Yoga in Vietnam will be held on June 21 with new measures for social distancing.

Man dedicates his life to protecting wild birds

While it is said that “land is as precious as gold”, a 74-year-old farmer has decided to leave 20,000sq.m of land alone to give storks a home to nest and lay eggs.

Capitalising on EVFTA sure to be a challenge

The EU-Vietnam Free Trade Agreement (EVFTA) is expected to provide a host of opportunities to Vietnamese enterprises to bolster their exports, but they must also meet strict requirements in order to fully capitalise on the deal, insiders have said.

Brazilian coach eyes great times at Gia Dinh FC

Having won over many fans and with a host of memories from seven seasons playing football in Vietnam, Brazilian former striker Flavio Luiz Neto da Silva Cruz, 41, jumped at the chance last February to coach second-division Gia Dinh FC.

Telecom infrastructure sharing to bring huge benefits: analysts

If mobile network operators agree to share 4G BTS (based transceiver station), this would help save VND16 trillion and reduce 1.1 tons of CO2 emitted to the environment, or 3.9 billion kwh of electricity consumed every year.

Poor builder volunteers to fix potholes for eight years

Pham Hoang Khai may be a humble and poorly-paid builder, but that doesn't stop him giving back to his community.

Smaller firms to land on tax cushion

Over 700,000 micro- and small-sized enterprises in Vietnam could receive a hefty reduction in corporate income tax payable this year, while more than one million individual taxpayers could be beneficiaries of personal income tax deductions.

Virtual network developers face big Vietnam task

Setting up mobile virtual network operators could be the only chance for newcomers to enter Vietnam’s telecommunications market, but the move could be very risky.