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International cooperation: key to national sports development strategy

 Vietnam signed over 50 cooperation agreements and treaties with countries, territories, and international sports organisations around the world during 1998 to 2016, a period that has seen the most thriving development in the sporting sector.

China remains potential market for Vietnam’s tra fish exports: VASEP

 China will remain the country’s greatest potential tra fish buyer over the next two years despite its strict regulations on tra fish imports, according to the Vietnam Association of Seafood Exporters and Producers.

Higher foreign ownership urged to aid Vietnam’s banks in integration

 The relaxation of foreign ownership ceiling to 49 percent is needed to help banks meet requirements in the country’s integration and be able to compete with international peers.

Vietnam foreseen investment wave after foreign ownership cap removal

 Andy Ho, managing director and chief investment officer of VinaCapital, said Vietnam has a lot of great businesses to invest in and the economy is stable and growing.

European firms remain optimistic about business situation in Vietnam

 European companies have shown their optimism about their business activities in Vietnam in both the third and fourth quarters.

USD/VND exchange rate remains stable in face of Chinese yuan's slide

 The State Bank of Vietnam (SBV)’s timely intervention has been key to stabilize the VND in the context of global uncertainties.

EVFTA expected to bring $3.2 billion in benefits to Vietnam: experts

 The free trade agreement between Vietnam and the EU (EVFTA) is expected to bring 3.2 billion USD worth of benefits to Vietnam in 2020.

Vietnam’s fintech becomes potential targets for international groups

 Foreign finance groups are eager to join Vietnam’s fruitful fintech market, which is still at early stage but is forecast to reach nearly US$8 billion in 2020 thanks to surging internet and smartphone penetration.

19 groups and corporations to be run officially by “Super Committee”

 Most leading state-owned groups and corporations in the sectors of petroleum, electricity, oil and gas, chemicals, rubber, coal and minerals, as well as post and telecommunications are going to be run by the Committee for State Capital Management.

ASIAD 2018: Mongolia loses wrestling gold, promoting Vietnam’s ranking

 The Olympic Council of Asia (OCA) has cancelled the result of Mongolian wrestler Orkhon Purevdorj in the women’s 62kg category of the freshly-concluded Asian Games 2018 (ASIAD) in Indonesia due to testing positive to doping.

ASIAD 2018: Vietnam wins 2 silvers, 2 bronzes on sixth competition day

 The Vietnamese delegation brought home two silver and two bronze medals on August 24 – the sixth competition day at the ongoing Asian Games (ASIAD) 2018 in Indonesia on August 23, ranking 16th in the medal tally.

ASIAD 2018: Minister visits Vietnamese delegation in athletes’ village

 Vietnamese athletes need to demonstrate good sportsmanship and follow rules of competitions, thus promoting the country’s images to international friends, Minister of Culture, Sports and Tourism Nguyen Ngoc Thien has said.

Solidance identifies key points in development of sustainable cities

Corporate strategy consultant releases "Transforming Ho Chi Minh City and Hanoi into Sustainable Cities of Vietnam" white paper.

German firm to provide technical support for Vietnam Airlines’ fleet

 Germany-based Lufthansa Technik AG will provide maintenance services for the auxiliary power units (APUs) of national flag carrier Vietnam Airlines’ Airbus A350-900 fleet which are produced by Honeywell.

US’s DoC levies anti-subsidy tax on Vietnamese laminated woven sacks

 The US Department of Commerce (DoC) has announced to impose anti-dumping and anti-subsidy taxes on laminated woven sacks produced in Vietnam.

US-China trade war puts pressure on Vietnamese agricultural products

 The US-China trade war will force agricultural products from the world’s two most powerful economies to seek new markets which could lead to a flood of cheap products coming into Vietnam, putting considerable pressure on domestic farm produce.

Stock bourses’ merger plan submitted to Government: Finance ministry

 The plan for the merger of the Ha Noi and HCM stock exchanges has been submitted to the Government for review, according to the Ministry of Finance.

Nearly one-tenth of all agricultural firms set up in past six months

 As many as 885 agricultural enterprises were established in the first six months of 2018, raising total firms in this sector to 8,667, reported the Ministry of Agriculture and Rural Development (MARD).

Vietnam’s bond market sees highest growth in emerging East Asia: ADB

 Vietnam’s local currency bond market posted the highest growth rate of the emerging East Asian region in the first quarter of this year, at 8.6% quarter-on-quarter, according to a report by the Asian Development Bank (ADB).

Draft law to prevent alcohol firms' social responsibility programmes

Businesses are worried that paying 0.5 to 1 percent of their sales revenue to a health fund or the state budget prescribed by the Draft Law on Alcohol Harms Prevention would prove too much.