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Vietnamese museums to be open for free on Int’l Museum Day

Museums in Vietnam are set to be open to visitors free of charge on the International Museum Day (May 18).

 

Over 6 tonnes of drugs seized in Q1

Police busted many drug trafficking rings in the first quarter of 2019, seizing over 6 tonnes of drugs – higher than the amount seized last year and tripling that in 2017.

 

Credit for real estate to be under stricter control

Authorities are planning to continue tightening credit for real estate in the time ahead, which is hoped to have positive impacts on the market, heard a forum in Hanoi on May 4.

 

It’s necessary to fire at sluggishness with a gun

Chair of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc believes that attaching importance to developing the private economic sector is the way to make the country prosperous.

Driving a sustainable private sector

Although the local private sector has enjoyed phenomenal growth in the past years, reaching its abundant potential still proves a challenging task.

BUSINESS NEWS 6/5

Corporate bond issuance up 220% in Q1

 

Chinese contractors’ low quality: know your own faults before blaming neighbor

To Vietnamese, Chinese contractors means ‘low quality’. However, they are not be the fatal problem of Vietnam’s infrastructure works.

Vietnam’s socio-economic situation witnesses positive signs: PM

Vietnam’s socio-economic situation in April 2019 witnessed many positive signs with macroeconomic stability and surging aggregate demand, Prime Minister Nguyen Xuan Phuc told a regular cabinet meeting in Hanoi on May 4.

 

Maintaining a strong private sector

As Vietnam moves closer to developing a sturdy private sector, the government is being urged to create the best conditions for the sector to do business.

Vietnam objects to China’s fishing ban in East Sea

Vietnam opposes and resolutely rejects China’s unilateral decision to ban fishing in the East Sea, covering Vietnam’s waters, from May 1 to August 16, 2019, said Foreign Ministry’s spokesperson Le Thi Thu Hang.

 

Equitisation of State-owned enterprises remains slow: official

The equitisation of SOEs is still slow, failing to reach the rate of progress as directed by the Prime Minister, Deputy Minister of Finance Vu Thi Mai said at the Government’s regular press briefing in Hanoi on May 4.

 

Exhibition recalls memories of historic Ho Chi Minh Trail

The construction of the Ho Chi Minh Trail over the Truong Son Mountain Range and its important role in the resistance war are being reflected at an exhibition which opened in Hanoi on April 3.

 

Vietnam-Czech agreement on transfer of sentenced persons ratified

Vietnam and the Czech Republic on May 3 signed a document on the ratification and implementation of the agreement on the transfer of sentenced persons between the two countries.

 

New steps to speed up replacement of magnetic strip ATM cards

The National Payment Corporation of Viet Nam (NAPAS) has announced a fee reduction for its local switching system services with an aim to encourage banks replacing their current magnetic strip ATM cards with chip cards ahead of schedule.

 

A productive and innovative Vietnam

Vietnam is now considering the manufacturing industry as a key pillar for growth.

Vietnam's digital transformation expected to add US$162 billion to GDP

Viet Nam could enjoy an additional US$162 billion to GDP in the next 20 years if the country succeeds in its digital transformation, said Deputy Minister of Planning and Investment Vu Dai Thang.

 

BUSINESS NEWS 5/5

January-April total retail value grows at highest rate since 2015

 

VN poised to become manufacturer of established global brands

Competitive labour costs and preferential policies will continue to help Viet Nam become an ideal destination for investors in the garment and textile sector.

 

VN player helps Thai club Chonburi go through to national championship final

The first female Vietnamese footballer competing abroad, Tran Hong Nhung, will have a chance to win the Thai national championship.

 

Vietnamese players, coach to attend Madrid's Football for Friendship Academy

The Promotion Fund of Vietnamese Football Talents Academy will send four athletes to Spain to train at the International Football for Friendship Academy in Madrid.