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Deputy PM Truong Hoa Binh attends 50th WEF meeting in Davos

A high-ranking delegation from Vietnam led by Permanent Deputy Prime Minister Truong Hoa Binh is attending the 50th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, that opened on January 21.

More efforts needed to maintain VN’s leading position in cashew export

Viet Nam stood out as the world’s largest cashew exporter last year but there remains many challenges ahead for the country to retain its leading position in the future.

 

BUSINESS NEWS HEADLINES JAN. 21

Local wood industry should focus on design and branding

 

Foreign investors ready to invest big in Vietnam housing

JLL observes that there are hundreds of million dollars waiting to be poured into the market in most segments of real estate.

Hanoi's streets hit by severe traffic congestion as Tet draws near

Many of the streets throughout Hanoi are suffering from gridlock as a result of heavy traffic as the Lunar New Year (Tet) approaches.

Ride hailing market heats up, four CEOs resign

Four CEOs of ride-hailing firms had to leave in 2019. Go-Viet witnessed the biggest high-ranking personnel changes.

Foreign banks may return soon

The completion of the sale of Vietcombank stake to foreign buyers in early 2019 and of BIDV at the end of last year may bode well for a comeback of foreign banks to Vietnam in 2020.

New foreign companies reshape Vietnam’s securities brokerage market share

The Vietnam’s stock brokerage market share has experienced big change due to the strong participation of foreign securities companies, especially of Korea-invested ones.

 

 

Video chat held for VN peacekeepers in South Sudan

A live video conference between Vietnamese officers currently on UN peacekeeping duties in South Sudan and their relatives and representatives of the Vietnamese Government was held on Monday in Hanoi.

Deputy PM holds talks with Swiss Vice President

Deputy Prime Minister Truong Hoa Binh had talks with Vice President and head of the Department of Economic Affairs, Education and Research of Switzerland Guy Parmelin in Geneva on Monday.

Five family members killed in a major fire in HCM City

Five members of the same family have died after a fire broke out in their HCM City home on Tuesday morning.

Five players up for VN Golden Ball award

The Viet Nam Golden Ball Award 2019’s organising board announced its shortlist of contenders for Vietnamese football's most prestigious awards on Sunday.

Gov’t Inspector orders HN strictly deal with La Vong JSC’s violations

The Government Inspectorate of Vietnam has ordered the Hanoi administration to deal with violations relating to nine projects of La Vong Services and Trading Joint Stock Company.

Energy Association asks PM to instruct provinces not to reject coal-fired power projects

Warning of electricity shortage, the Vietnam Energy Association (VEA) has asked the Prime Minister to instruct local authorities not to turn their back on coal-fired thermopower projects.

Tet decorations spring up on streets across HCM City

With the countdown to the Lunar New Year, known locally as Tet, in its final days many streets throughout HCM City can be seen bearing incredible festive decorations including colourful national flags, bulbs, flowers, and numerous slogans.

Top five locations to snap beautiful photos for Tet

Phung Hung and Hang Ma mural painting streets, Nhat Tan peach garden, book street, and Phuong Linh flower garden are among the top five places in which people can go to take elegant photos before Tet.

Money burning race of super apps set to last

Vietnam is considered an attractive market with massive potential for the development of super apps. 

Vietnam on US watchlist for currency manipulation

Vietnam is one of 10 countries in the latest watchlist for currency manipulation released by the US Treasury Department.

Singer releases music video dedicated to northern folk singing

Singer Mai Thuong has debuted a new music video dedicated to quan họ (love duets), a popular form of traditional singing in the northern region.

Homeland Spring program inspires Vietnamese spirit

An art exchange program called “Homeland Spring 2020” has been held recently, welcoming more than 1,500 overseas Vietnamese from all over the world, who have returned home for Tet, Vietnam’s traditional Lunar New Year.