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Vietnam among world’s cheap countries you should visit in 2019

 Anyone who has travelled on a budget would already know that low funds does not equal low fun. You can have an amazing time with very little money.

Vietnam’s property developers promote partnership with foreign investors

 Japanese investors are now aiming to pour US$9-10 billion into Vietnam over the next few years, mostly into infrastructure development and real estate.

A place on foreign supermarket shelves

 Vietnamese enterprises should devote effort, time and money for quality improvement and marketing if they want their products seen and sold on foreign supermarket shelves.

Disciplinary actions against construction officials in Thu Thiem project to be taken

The HCMC Department of Construction sent the municipal government a plan to take disciplinary actions against leaders, officials and organizations within its jurisdiction due to irregularities in HCMC's Thu Thiem New Urban Area project.

Fears for more tsunamis after hundreds killed in Indonesia

 More deadly tsunamis could strike the Indonesian coastline in the coming days, authorities warn, as the volcano which triggered the weekend's devastating wave continues to erupt.

Vietnam’s banks embrace more stringent standards

 The Governor of the State Bank of Vietnam has just allowed Vietcombank and VIB to apply Circular 41/2016/TT-NHNN (on capital threshold for banks and branches of foreign banks). 

BUSINESS NEWS IN BRIEF 24/12

Japanese firms consider Vietnam key investment destination, Nghi Son oil refinery-petrochemical plant begins commercial operation, Best Vietnamese firms honoured with Gold Star Award

Social News 24/12

Vietnam’s volunteer soldiers commemorated in Cambodia, No Vietnamese victims reported in Indonesia tsunami: embassy, Monkeys destroy Sóc Trăng crops, attack residents, NA leader honours war martyrs

Deposit interest rates predicted to escalate in 2019

VietNamNet Bridge - Securities companies have predicted that the deposit interest rate will be lifted next year, leading to higher lending interest rates and capital costs for businesses.

Online marketing powered by chatbots

Chatbots, a product of artificial intelligence (AI), are now being used more frequently in businesses in Vietnam.

Vietnamese universities set international standards for training programs

The national standards for tertiary training quality set by the Ministry of Education and Training includes minimum requirements, but schools have actually committed to higher quality standards for their training programs.

HCMC considers preventive solutions to flooding

The HCMC Center for Flood Control Program has proposed building seven anti-flood reservoirs with Japanese cross-wave technology, for total costs of VND475 billion. However, some experts doubt the reservoirs will help.

Central bank takes steps to ensure ATM service quality before Tet

 The State Bank of Viet Nam (SBV) has directed relevant agencies to take rapid measures to ensure ATM service quality and safety during the months approaching the Tet (Lunar New Year) holiday, when there is high demand for cash transactions.

Agricultural firms improve standards to satisfy new Chinese regulations

  Exports of agricultural products to the vast Chinese market are expected to increase if branding and quality of Vietnamese goods improve, speakers said at a meeting on Friday in HCM City.

Ha Tinh asks to close Thach Khe iron mine

 The central province of Ha Tinh’s Department of Science and Technology (DoST) proposed shutting down Thach Khe iron mine – the largest of its kind in Southeast Asia – to protect the environment.

Natural disasters kill 218, cost VN $860m

 Natural disasters have killed 218 people and caused a total loss of VNĐ20 trillion (US$860 million) to the country this year.

Saigon Heat turn up the heat to crucify Vampires

 Saigon Heat yesterday beat Mono Vampire of Thailand 87-76 in their last home match of the year.

Biggest wedding ever for people with disabilities at pagoda

 Fifty couples with disabilities from HCM City were married in a group wedding at Giác Ngộ Pagoda in HCM City’s District 10 on Friday.

Christmas all around

 A Christmas atmosphere has spread across Hanoi’s downtown streets.

Here comes Christmas and New Year’s Eve

 The classic Christmas carol "Jingle Bells" can be heard across HCM City, a sign that the holiday is very near, with New Year’s Day not far away.