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Ex-Chairman of OceanBank gets two more years in jail

The Hanoi People's Court on Tuesday handed down an additional 10-year jail term to Ha Van Tham, former Chairman of the Board of Directors of the Ocean Commercial Joint Stock Bank (OceanBank), for “breaching accounting regulations

PM calls for continued vigilance against COVID-19 pandemic

Prime Minister Nguyen Xuan Phuc said Vietnam has basically pushed back the COVID-19 pandemic as no new cases of community infection have been reported in the past 12 days, but people should still stay vigilant.

Vietnamese scientists map genome of COVID-19 virus

Vietnam’s readiness to join the fight against the coronavirus in the globe is reflected in its scientific activities.

Agriculture still vital, says expert

Economist Le Xuan Nghia, former Vice President of the National Financial Supervisory Commission, talks about the role of agriculture in reviving the economy after the COVID-19 pandemic.

COVID-19 case number stays unchanged, one more positive again

There are no new COVID-19 cases reported in Vietnam overnight by April 29 morning, keeping the total at 270 and marking the 13th straight day without patients infected with the novel coronavirus in the community.

With tax and fee decreases, automobiles will be cheaper than ever

If the government agrees to slash taxes and fees for domestically assembled cars, this will be a ‘doping dose’ for domestic automobile manufacturers and consumers.

Calls made for FiT extension in light of pandemic dilemma

With Vietnam struggling alongside the rest of the world in attempting to overcome the coronavirus pandemic, the government has taken solutions to fuel the energy sector. 

Young woman finds success in logistics sector

Pham Khánh Linh, 27, the founder of Logivan, has been named on Forbes Vietnam's list of 30 Under 30.

Enrollment autonomy raises concern about student quality

Universities are expected to set up their own methods to enroll students this year instead of using the results of the national high school finals.

More foreign manufacturers turn to Vietnam amid pandemic: JLL

With the novel coronavirus pandemic and trade tensions driving the shift of production lines from China to Southeast Asia, Vietnam, in particular, seems to have emerged as an attractive destination for investors and manufacturers alike.

Commercial centres remain quiet in Hanoi, HCM City after re-opening

Commercial hubs based in Hanoi and Ho Chi Minh City appear generally deserted following the decision by local authorities to allow them to re-open after the easing of social distancing came into place from April 23.

The arduous path in exporting fabric masks

Faced with canceled orders from importers in Europe and North America, some Vietnamese companies in this industry have switched to producing antibacterial fabric face masks. 

VN's special-use forests have ecotourism potential: experts

Vietnam’s special-use forests (SUF), with diverse natural resources, have great potential for ecotourism, experts say.

BUSINESS NEWS HEADLINES APRIL 28

Drastic changes needed in farming practices to access EU market

 

Banks reject loan applications from many virus-hit travel firms

Many travel firms affected by Covid-19 are struggling to access loans with low interest rates from the Government’s credit package as banks have denied their applications out of concern over their ability to repay the debt

Bamboo Airways urged to plan debt payment

The Civil Aviation Authority of Vietnam has asked Bamboo Airways to quickly report its debts, payment plan for aviation service providers and its financial situation.

Many hotels expected to be offered for sale after Covid-19

After Covid-19, a number of hotels owned by private investors may be sold off to cut losses in the worst-case scenario, affecting the tourism environment at tourist destinations and slowing the recovery of the tourism sector,

Silent trips in the fight against COVID-19 pandemic

Since the coronavirus outbreak began in HCM City, every day has been a busy one for health workers at Emergency Centre 115.

Trade Ministry proposes normal rice exports from May 1

The Ministry of Industry and Trade has proposed the prime minister end the directive on rice export quota management that had earlier been issued to allow for normal rice exports from May 1.

Shrimp demand rises but Vietnamese processors lack materials

Fearing a slump amid the epidemic, Vietnamese farmers are hesitating to begin new shrimp hatchery crops.