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Vietnam News Headlines August 21/2024

Singapore fundraising concert raises funds for VN kids’ mid-autumn festival

Festival celebrates 70 years of Hanoi’s liberation

Tens of thousands of people expected to take part in a series of cultural events celebrating the 70th anniversary of the Liberation Day of Hanoi, on October 10.

Enterprises urged to strictly comply with the EU’s quality requirements

The Plant Protection Department urged enterprises to strictly comply with the EU’s quality regulations for agricultural products, as the bloc increases demands on several farm products from Vietnam

Prices of Vietnamese rice exports at world high

Vietnamese rice now has the highest export prices, distinguishing itself from key competitors, including Thailand and Pakistan, whose prices have fallen.

Investment funds seek new growth opportunities

Investment funds are currently focusing on capitalising on opportunities in sectors that exhibit robust resilience or the ability to go against the cycle.

Market-based pricing critical to attract investment in electricity industry

Electricity prices in Vietnam have not been set following market-based mechanisms, as fluctuations of input costs for electricity production have not been fully reflected in the selling prices.

Supervisory inspections to review human resource development to be conducted

The National Assembly (NA) Standing Committee has announced that a supervisory delegation on the development and use of high-quality human resources will conduct direct inspections in ten localities, including Hanoi.

Banks to develop roadmap to comply with share ownership cap policy

According to the Law, which took effect from July 1 this year, institutional shareholders will need to lower the percentage of shares they hold in a credit institutions from 15 per cent to 10 per cent

US initiates administrative review on Vietnamese exports

The US Department of Commerce (DOC) has initiated an administrative review on certain Vietnamese exports currently subject to anti-dumping and countervailing duties, according to the Trade Remedies Authority of Vietnam.

Vietnam Business News August 21/2024

Vietnam, Japan eye stronger cooperation in sustainable agriculture production

9th Hanoi Book Fair to take place in late September

The 9th Hanoi Book Fair will be held from September 27 -29 under the theme "Hanoi: Capital of Culture and Heroes - City for Peace".

China’s newspaper makes extensive coverage on Vietnamese leader’s visit

Global Times, a publication of the People's Daily - an organ of the Central Committee of the Communist Party of China, has undertaken extensive coverage of Party General Secretary and President To Lam's state visit to China from August 18-20.

Which pho is more delicious: Nam Dinh or Hanoi pho?

Arguments among fans of Nam Dinh pho and Hanoi pho broke out recently on social media after both kinds of pho were recognized by the Ministry of Culture, Sports and Tourism (MCST) as an intangible cultural heritage of Vietnam.

How are major realtors doing in the current property market?

Though analysts said the gloomy period of the real estate market is over, real estate firms keep complaining about difficulties.

Over 125,000 fake websites found impersonating agencies, organizations in July

As many as 125 websites were discovered impersonating well known brands and committing fraud last July, raising the total number of fake websites in the national anti-scam database to 125,059.

Elderly lottery seller spends his money to buy starlings to set them free

Seeing starlings locked up in a cage on the roadside, a man over 80 years old used his savings to buy them back and then let them fly away.

4G feature phones in short supply as 2G cessation nears

Mobile phone retailers have reported a shortage of 4G feature phones as people are rushing to buy new mobile devices in anticipation of the 2G cessation, slated for September 16.

Hanoi plans to build 400 kilometers of metro routes within 11 years

The goal of developing 10 metro routes by 2035 with total length of 400 kilometers will be very challenging for Hanoi, according to Nguyen Cao Minh, head of the Hanoi Urban Railway Management Board.

Webpage dedicated to late Party General Secretary Nguyen Phu Trong launched

Nhan Dan (People’s Daily) of Vietnam on August 20 launched a special webpage and an exhibition dedicated to late Party General Nguyen Phu Trong, an outstanding leader who devoted his life to serving the country and the people.

30 Vietnamese and Singaporean youth leaders start exchange programme

An exchange programme between Vietnamese youth leaders and their Singaporean counterparts kicked off in Singapore on August 19 with the aim of promoting solidarity and cultural exchanges among young leaders.