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Fifty tonnes oil pumped out of sunken ship in Long Tau River

Hai Van Shipping - Services Co, Ltd together with Vietnam Salvage Joint Stock Company, have already pumped about 50 tonnes of oil out of the Vietnamese-flagged container ship VIETSUN INTEGRITY that sank in Can Gio District’s Long Tau River

No hope for popular train street’s cafés to resume

Authorities of Hanoi's Hoan Kiem District, where the famous train track street is located, remain adamant that the cafés along the rail line will not be allowed to do business again, citing safety reasons.

Week-long celebration of Italian language, culture to take place

Seminars, film screenings and art performances will be held to celebrate the 19th Italian Language Week across the world.

Le Phi Long draws people to “Land of Leisure”

Paintings and installations by Le Phi Long, one of the capable visual artists in Vietnam, will be on display on October 27.

Exhibition features international and local artists

About 120 paintings and sculptures by international and Vietnamese artists have gone on display at the Vietnam Fine Arts University.

Vietnam projected to be among world’s top 10 remittance recipients in 2019

Remittances, along with foreign direct and indirect investment, and official development assistance are major sources of Vietnam’s foreign currency supply.

VIETNAM BUSINESS NEWS HEADLINES OCTOBER 24

Foreign investment disbursement reaches 23.2 percent

 

North-South expy fails to find investors despite relaxed requirements

Concerns over capital recovery, difficulty in accessing bank loans and the scant number of vehicles traveling on projected roads have discouraged local investors from joining the project to build eight sections of the north-south expressway.

New push to curb unlicensed software use by corporations

The Software Alliance launches "Clean Up to the Countdown" campaign to encourage CEOs in Vietnam to legalize their corporate software assets.

More Hanoi streets being fenced for F1 racetrack construction

Some more streets in Hanoi’s Nam Tu Liem District are being fenced to serve the construction of a racetrack to host the country’s first F1 Grand Prix next year.

American conductor Christopher Zimmerman leads concert at Opera House

American conductor Christopher Zimmerman, music director of Fairfax Symphony Orchestra in the US, will lead a concert of classical music at the HCM City Opera House on October 26.

Vietnam attracts investors in the face of economic uncertainty

Despite the slowdown in global deal-making due to ongoing worldwide economic uncertainty, Vietnam remains active in M&A in 2020, according to a new report by Baker McKenzie.

 

Students at HCM City primary schools win top prize at Robothon

Students at Le Ngoc Han and Luong The Vinh primary schools won the top prizes in the annual Robothon Contest 2019 for students at primary schools throughout HCM City held on October 20.

Vietnamese rapper Den Vau's concert sells 5,000 tickets in 10 minutes

Rapper Den Vau, nominee for Best Impressive Singer at VTV Awards 2019 of Vietnam Television, will perform in HCM City on November 9.

Hai Phong's festival promotes Vietnam-Belgium cultural, economic exchange

A Vietnam – Belgium cultural and economic exchange festival will be held in Hai Phong City this weekend, from October 25 to 27.

Vietnamese Govt proposes borrowing US$19.9 billion next year

The Government has proposed borrowing VND459.5 trillion (US$19.9 billion) next year to make up for the State budget deficit, increasing regular expenditures and social insurance debts.

Vietnam’s automation still lags behind other countries: experts

Many projects in the automation sector are on par with the international level, but Vietnam is still lagging far behind other countries in putting them into service, said Le Hoai Quoc, chairman of the HCMC Automation Association.

Inclusive business helps Vietnam keep up with changing market

The United Nations Development Program (UNDP)-supported business model makes both ‘social’ and business sense.

HCM City's new team to address construction violations

The HCM City Department of Construction will work with local districts and agencies to create a construction order management team to address the increasing number of violations.

US to hand over 24 Metal Shark boats to Vietnam: Admiral

The purchase of the boats partly show the both sides` efforts to tighten military ties agreed upon the 2011 Memorandum of Understanding on defense cooperation.