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BUSINESS NEWS 23/8

Da Nang city to boost cashless transactions

HCM City’s education strives to reach high international standards

HCM City wants to become the leading locality in the country and in order to achieve the goal, it has to upgrade education quality to meet international standards.

Hoang Anh Gia Lai Agrico continues selling subsidiary

Hoang Anh Gia Lai Agricultural JSC announced the resolution of its Board of Directors to transfer its entire 99.875 per cent in Dong Penh Co., Ltd. to THADI Agriculture Farming Processing & Distribution JSC.

Flower roads beautify villages

In recent times, many villages have been beautified with colourful flower roads. Planting flowers to replace weeds is a practical and effective way to protect traffic safety corridors and beautify rural landscapes.

Railway needs more money to close illegal crossings

The Viet Nam Railway Corporation (VNR) said it needs VND2.5 trillion (US$108 million) to build fences, frontage roads, and eliminate illegal level crossings by 2025, reported online newspaper vietnamplus.vn.

Vietnamese exports rise, but not because of trade war: economist

Vietnam’s economy has been better off over the last three years with exports growing rapidly.

China requested to withdraw all ships from Vietnam’s EEZ

Vietnam has demanded China to immediately stop violations, withdraw all vessels from Vietnam’s EEZ and not have actions to increase tensions, complicate the situation, and threaten peace, stability and security in the East Sea and the region.

Is Vietlott still “hot”?

Vietnam Lottery Company (Vietlott) has just published its financial report for the first half of 2019, with a net revenue of only VND1.17 trillion ($50.87 million), down nearly 40 per cent on-year.

VN Start-up Day attracts nearly 200 Vietnamese and foreign start-ups

The 2018 Vietnam Start-up Day. This year the event will be held on August 23 and 24 at the Riverside Palace in HCM City’s District 4, with nearly 200 domestic and foreign start-ups in attendance.

 

Loss-making, low-profitability firms to be eliminated

Loss-making, low-profitability State-owned agriculture firms should be dissolved and made bankrupt, said Deputy Prime Minister Vuong Dinh Hue on August 21.

 

Foreign funds to exit logistics firm Gemadept

The UK-based Vietnam Investments (VI) Fund II LP plans to sell more than 58 million shares of logistics firm Gemadept JSC.

 

Vietnam is Asia’s bright spot amid trade tensions: UOB report

Vietnam is Asia’s bright spot amid trade tensions, said the latest report on Viet Nam’s economy by the United Overseas Bank Limited (UOB), which forecast the country’s economy will expand 6.7 per cent in 2019.

 

Global supply chains remain out of reach of VN businesses

Many Vietnamese companies in supporting industries that can produce high-quality parts are nevertheless struggling to enter large international supply chains or are only able to supply low-value items to them.

 

Hoang Thuy listed on several global beauty rankings ahead of Miss Universe 2019

Hoang Thuy, Vietnam’s representative in the upcoming Miss Universe 2019 pageant, has been listed on the rankings of several prestigious global beauty websites ahead of the start of the pageant.

Vietnamese representatives set to take part in global beauty pageants

With Thuy Linh, Tuong San, and Kieu Loan all representing Vietnam in global beauty pageants during the remainder of the year, they’re expected to continue the nation’s proud tradition of performing well in global competitions.

Vietnam set to surpass Malaysia in AFC Club Rankings

Following Hanoi FC’s first leg win over Altyn Asyr FC in the Inter-Zone Play-Off semifinals, Vietnam will overtake Malaysia in the AFC Club Competitions Rankings, according to Fox Sport Asia.

 

Hanoi announces 11 approved international schools

The Hanoi Department of Education and Training has just announced a list of 11 foreign-invested schools which have been registered for operation.

Vietnam, Cambodia reach cooperative contents in 28 sectors

Vietnam and Cambodia have signed the Minutes of Agreement on cooperative contents and programs in 28 sectors.

 

Vietnam coalition for climate action debuts

The Vietnam Coalition for Climate Action (VCCA) was inaugurated during a ceremony held in Hue city of the central province of Thua Thien-Hue on August 21.

Hanoi Innovation Summit 2019 to take place next week

Hanoi Innovation Summit 2019 will take place at the National Convention Centre on August 29-10.