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Foreign funds bet on Vietnam’s e-payment platforms

 Experts said there are many favorable conditions for e-payment to make a leap in the country: the retail market and e-commerce are thriving, while bank cards and smartphones are more widespread.

Where will the Ministry get the money to fund 12 unprofitable projects?

The 12 unprofitable projects under the management of the Ministry of Industry and Trade (MOIT) need a bailout but it is still unclear where the money will come from.

Foreigners still keen on high-end real estate

 The launch of high-end residential projects and M&A activities proves the high-end segment continues to attract major investment from foreign developers though the trend may be set to change.

Vietnam aims to pocket US$30 billion from tourism in 2019

 The number of foreign visitors to Vietnam in 2018 was estimated at nearly 15.5 million, a 19.9% increase from 2017.

Kien So pagoda – A majestic historical site from Ly dynasty

 Kien So pagoda still preserves the imprints of the founder of the Ly dynasty- Ly Cong Uan.

Tien Giang to host national kickboxing event

 VietNamNet Bridge – The southern province of Tien Giang will host the National Kickboxing Clubs Cup from March 21.

Higher foreign holding proposed to meet banks’ thirsty of capital

 Experts suggested the government currently can increase the foreign ownership limit at banks by 5 percentage points to 35 percent. Then, the rate will be continuously adjusted up to 51 percent in 2021-2025.

Hon Xuong island offers same beauty as Maldives: UK newspaper

 The Hon Xuong Island in the southern province of Kien Giang offers the same beauty as Maldives without the 5-star expense, according to the Evening Standard, a UK based newspaper.

Government News 24/12

Lao delegation pays Tet visit to Hoa Binh, 13th National Party Congress: sub-committee on Party regulations meets, Foreign diplomats contribute to Vietnam’s success: Deputy PM, Thai defence minister’s visit promotes mutual understanding

More measles cases reported in HCM City as parents delay vaccines for children

Parents have delayed taking their nine-month-old children to healthcare facilities for measles vaccinations because of insufficient counselling from hospitals and doctors at vaccination centres.

HCM City airport prepares for peak season during Tet holiday

Tan Son Nhat International Airport in HCM City has added flights and check-in counters to serve the increasing number of passengers during the peak Tet holiday season, which begins on February 5 this year.

Archaeologists announce findings at ancient citadel

 VietNamNet Bridge – Scientists announced they have uncovered the structure of a wall at the 600-year-old royal Ho Citadel in the central province of Thanh Hoa’s Vinh Loc District.

Foreign students eager to experience Vietnamese Tet traditions

 As local Vietnamese people eagerly await the upcoming Tet (or Lunar New Year) festival as a time for family gatherings, many expatriates in the country are also looking forward to experiencing such a major traditional festival of Vietnam.

Vietnam’s first trial 5G license granted to Viettel

 The Ministry of Information and Communications has awarded the country’s first trial 5G licence to Viettel, the largest telecommunications company in Vietnam.

Vietnam aim to become giant-killing at Asian Cup

 Vietnam’s coach Park Hang-seo will set his side out to resist the attacking prowess of Japan in the quarterfinal of the Asian Cup in Dubai, the UAE, on January 24.

Vietnam’s satellite sends back first photos

 The first images taken by Vietnamese satellite MicroDragon were sent to a land station in Japan on January 23 morning (Vietnam time), according to the Vietnam National Space Centre (VNSC) under the Vietnam Academy of Science and Technology.

Police to patrol at hospitals to protect staff

 VietNamNet Bridge – Police officers will be mobilised to patrol at general and specialised hospitals at national, city/provincial and town/district levels to ensure security and order.

Vietnam named in top 60 innovative economies

 Vietnam has been named among the 60 most innovative economies in the world by the 2019 Bloomberg Innovation Index.

Singaporean naval ship visits Khanh Hoa

 The Singaporean naval ship RSS ENDEAVOUR with 90 officers and crew members on board anchored at Cam Ranh International Port on January 23, beginning a five-day visit to in the south central province of Khanh Hoa.  

Co.opXtra Su Van Hanh listed among ‘must-visit’ stores in Asia

 Co.opXtra Su Van Hanh in Ho Chi Minh City’s District 10 has been named in the list of 17 stores you must not fail to visit this year, according to IGD Asia, Asia’s leading retail research organisation.