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Vietnam Banking Report 2018: Amidst earnings announcement, concerns about capital adequacy remain

 In the first half of 2018, the Vietnamese banking sector enjoyed VND35.5 trillion (US$1.53billion) in net profit, equivalent to 64 per cent of the previous year. 

Oil giants sign cooperation agreement

PVN and Petrolimex on Wednesday signed a comprehensive cooperation agreement to exploit the strength of each side and tap potentials of both domestic and foreign markets.

Total of businesses operating in Vietnam surges by over 50 percent: economic census

 Nearly 517,900 businesses were operating in Vietnam in 2017, rising 51.6 percent from the figure recorded in 2012, according to the general economic census announced by the General Statistics Office of Vietnam (GSO) on September 19.

Track and field athletes honoured for ASIAD 2018 achievements

 The Vietnam Sports Administration (VSA) and the Vietnam Athletics Federation (VAF) held a ceremony in Hanoi on September 19 to commend and reward track and field athletes for their achievements recorded at the recent Asian Games 2018 (ASIAD 2018). 

Painter dedicates life to crafting stamps of late President

Amongst 5,000 stamps issued by the Vietnam Post, those with images of the late President Ho Chi Minh account for the majority. Painter Tran The Vinh is well known for his life-long dedication in illustrating such stamps.

First Vietnamese pagoda recognised in Hungary

 Dai Bi pagoda was inaugurated in Simontornya city, Hungary on September 19, becoming the first Vietnamese pagoda recognised by the Hungarian government.

Hanoi to include local heritage sites in schools’ curriculum

 Hanoi capital city will include the two local heritage sites – the Thang Long imperial citadel and the Co Loa citadel relic – in the curriculum of local schools.

Vietnamese food sector lures foreign investors

 Vietnam has a diverse and well-developed agricultural and food industry that offers vast opportunities to companies in the food industry, from sourcing to processing, a Hong Kong speaker said at a forum held on September 19 in HCM City.

Vietnam’s clean energy in need of a just transition

 VietNamNet Bridge – In two years time, Vietnam could stop building new coal plants, while maintaining a safe, affordable and secure energy system.

Automobile joint ventures return to to car assembling

After a period of focusing on importing cars to sell domestically, foreign invested automobile manufacturers have returned to their initial work – assembling cars domestically.

Hue national park releases rare animals into the wild

 VietNamNet Bridge – Bach Ma National Park in the central province of Thua Thien-Hue has released five mammals and two reptiles back into the wild after rescuing and rehabilitating them.

Vietnam beat Bahrain at AFC women’s champs

Vietnam’s U16 team defeated Bahrain 14-0 in the second match of the Group F qualifying round of the 2019 Asian Football Confederation (AFC) Women’s U16 Championship in Bangladesh on Wednesday.

HCM City traffic app now available on Zalo

 VietNamNet Bridge – HCM City locals can now easily view the latest update of traffic information via the mobile application Zalo, 

Japanese architect seeks an ever-inspiring Hanoi

Nearly a decade ago, the uniqueness of Hanoi’s culture and architecture drew Japanese architect Takashi Niwa to live and work here. Now, Niwa says he still feels there’s more to learn about the city as he seeks

Champa stone found in the remote Hue commune

 VietNamNet Bridge – Construction workers in the central province of Thua Thien-Hue have excavated a stone block believed to be a Champa holy item.

Intangible cultural heritage festival kicks off in Tuyen Quang

 VietNamNet Bridge – Some of the country’s intangible cultural heritage will go on show at a festival in the northern province of Tuyen Quang on September 20.

Online food order market booms

The Vietnamese online food ordering market worth $33 million is controlled mostly by foreign players.

Over $193mil. needed to repair two key runways

 The Ministry of Transport (MoT) on September 19 sent a document proposing the Ministry of Finance to allocate nearly 4.5 trillion VND (193.5 million USD) for upgrading two key runways in the country’s largest international airports.

Work starts on first low-iron quartz powder plant in Vietnam

 A joint venture of the Viet Phuong (VPG) Investment Group and Quarzwerke Group of Germany on September 19 began construction of a low-iron sand and quartz powder processing plant in Thua Thien - Hue.

Man jailed for 14 years for administration overthrowing attempt

The People’s Court of Hoa Binh on September 19 sentenced Dao Quang Thuc to 14 years in prison for conducting “activities aimed at overthrowing the people’s administration” under Clause 1, Article 79, the 1999 Penal Code.