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Banks have more than VND46.4 trillion of irretrievable debts

By the end of the first quarter of this year, 22 banks have had more than VND84.2 trillion of bad debts, an increase of 5.6 percent compared to the beginning of this year.

Korean artists set to showcase lacquer artworks in Hanoi

The Korean Ottchil Art 2019 exhibition will be held at the VICAS Center for Assistance and Development of Contemporary Arts (VICAS Art Studio) in Hanoi’s Dong Da District from May 23 to June 23.

 

Bank considers BOT projects risky borrowers

Traffic projects under the build-operate-transfer (BOT) format, after the property sector, are now on the list of borrowers deemed to be risky clients for banks over the long term.

 

Hanoi earn hard-fought win as keeper Tien Dung makes 2019 debut

Hanoi FC keeper Bui Tien Dung had a forgettable debut in the 2019 V.League as he conceded twice in the capital team’s nail-biting 3-2 victory over SHB Da Nang at Hang Day stadium on May 19.

 

Economic improvement top priority at NA session

The seventh session of the 14th National Assembly, with an assortment of solutions to be discussed to further fuel corporate performance in the context of the country’s economic growth signalling a slowdown.

 

FK Sarajevo to compete in CL qualification after league win

Bosnian football club FK Sarajevo, chaired by Vietnamese businessman Nguyen Hoai Nam, will compete in season's Champions League’s qualification round after winning the Premier League title on Saturday.

Teacher shortages hinder new curriculum

More primary teachers were needed for the 2019-2020 academic year, especially those specialised in computer science and technology and foreign languages, a conference heard last week.

HCM City set to host three-Cushion Carom Billiards World Cup

The 2019 Three-Cushion Carom Billiards World Cup will be held at the Nguyen Du Indoor Stadium in Ho Chi Minh City from May 20-26.

 

Next Media gains exclusive broadcasting rights to King’s Cup 2019

Next Media has signed a deal with Thairath TV to purchase the broadcasting rights of two matches at the King’s Cup 2019.

 

88 solar farms set to begin commercial operation in June

The state-owned Vietnam Electricity group (EVN) is increasing the pace of work to enable 88 solar power plants to start commercial operation by the end of June, with a hope of increasing overall power capacity for the national grid.

 

Cordial discussion on currency manipulation rumours

Vietnam and the US will continue to work towards finding a common ground on financial matters, including the VND/USD exchange rate and trade balances.

 

VN banks speed up resolving bad debts

Commercial banks have been proactive in handling bad debts with many posting an increasing ratio.

 

Nationwide wanted notice issued against fleeing Nhat Cuong's director-general

The Ministry of Public Security have issued a nationwide wanted notice against the director-general of Nhat Cuong Technic Co Ltd, the parent company of a popular well-known smartphone chain store in Hanoi.

 

High profits lead to stiff competition in credit card market

Both domestic and foreign banks are offering preferential programmes to lure more credit card holders to compete for a larger market and a piece of the high profits generated by the credit card segment.

 

Saigon Hi-Tech park awaits new rental prices

Dozens of businesses that want to invest in Saigon High-Tech Park (SHTP) in District 9 have not received approval because the city has yet to announce new land rental prices for public land.

 

Moderate credit growth positive for Vietnam’s economy

Despite credit growth among Vietnamese credit institutions remaining low this year, experts are not concerned about the slowdown, saying it was a good sign for the economy.

 

Vietnamese student wins third prize at int’l science contest in US

Vietnamese student Vu Hoang Long grabbed one third prize at the Intel International Science and Engineering Fair (Intel ISEF) 2019 which was held in the US from May 12-17.

 

At a loss over FTAs

The textile and garment industry may fail to take tariff advantage from the CPTPP and the Vietnam-EU Free Trade Agreement (EVFTA) as it cannot tackle the issue of local materials. 

Carnival stirs up pedestrian street in Hanoi

Impressive street art performances by international artists with splendid and brightly coloured costumes have stirred up the pedestrian street in Hanoi on May 19.

 

Vietnamese boxer wins WBA Asia Championship with first round KO

Vietnamese boxer Le Van Hien knocked out Wu Rongguo in just 15 seconds during their World Boxing Association Asia Championship on Saturday in HCM City.