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BUSINESS NEWS 14/4

Forum looks to develop legal frameworks to boost cooperatives

 

VN Central Bank orders tight control over property loans

The State Bank of Vietnam (SBV) has asked the relevant agencies and banks to ensure strict control over real estate credit, especially in localities known to show signs of land fever, the local media reported.

 

PM Nguyen Xuan Phuc begins official visit to Romania

Prime Minister Nguyen Xuan Phuc, his spouse and a high-ranking delegation of Vietnam arrived at Henri Coanda International Airport at 6:15am on April 14 (local time), beginning an official visit to Romania.

 

Sabeco denies stake sale to Chinese investors

Saigon Beer-Alcohol-Beverage Corporation (Sabeco) has no plan to sell shares to Chinese firms, Sabeco general director Neo Gim Siong Bennett said at the firm’s annual shareholder meeting on April 12.

 

VN government gives green light to mobile money project

Prime Minister Nguyen Xuan Phuc has directed the Ministry of Information and Communications in co-ordination with the State Bank of Vietnam to develop a “mobile money” project.

 

Sun Symphony Orchestra’s Music Director: “We aim to enrich Hanoi’s cultural community and put the city on int'l artistic map”

More than a year since the first concert, the Sun Symphony Orchestra has proved that classical music is not strange to Vietnamese audience. In an interview with VietNamNet, Music Director Olivier Ochanine was so proud of his “child”.

Farmers get smart to improve business

Vo Van Trung has become the first person in his village to go high tech and introduce modern facilities on his farm.

 

Vietnam’s renewable energy sector yet to realise its potential

Despite having 3,000km of coastline with up to 2,700 hours of sunlight a year, the development of the renewable energy industry is yet to meet its potential. Director of the Green Innovation and Development Centre speaks on the issue.

 

Fitch Ratings confirms creditworthiness of Vietnam’s power transmission giant

Fitch Ratings on Wednesday assigned Viet Nam’s National Power Transmission Corporation (EVNNPT) a long-term foreign-currency issuer default rating (IDR) of 'BB' with a stable outlook for the first time.

 

Credit growth limited at 15% for Vietnam's best banks in 2019

The State Bank of Viet Nam (SBV) has assigned a credit growth limit to each commercial bank in 2019, with priority given to those who met Basel II’s capital safety and risk management standards ahead of schedule.

 

Photos show life behind the front lines

An exhibition in Hanoi is portraying the life of northern Vietnamese through black-and-white photos.

 

Two Indian naval ships visit Vietnam

Two ships INS Kolkata and INS Shakti of the Indian Navy docked at the Cam Ranh International Port in the south central province of Khanh Hoa on April 13, beginning a four-day visit to Vietnam.

 

Vietnam, US vow to deepen cooperation in energy security

Vietnam and the US reiterated their commitments to deepening cooperation in energy security during their second energy security dialogue in Washington D.C on April 12.

 

Vietnamese awareness of cancer's early warning signs remains low

Forty-eight out of 63 provinces and cities have joined the national cancer prevention network since the target programme on health and population began three years ago, the Ministry of Health announced at a conference on Thursday.

 

Guarding Hung King Temple once-in-a-lifetime honour

In Vietnam, the janitor of a pagoda (or temple) is usually an elderly person respected by the local community, who is selected by the community to do the work for many years. 

 

Billiards players to go balls out in HCM City

The Super Master Cup 3C for Vietnamese billiards players will take place in HCM City today.

 

Hue sets its sights on reviving the ao dai

Vietnam’s former capital Hue is proud of its ao dai history, the traditional national dress, and has been making plans to revive the elegant garment to its former glory. Phuoc Buu reports.

 

Retired teacher dedicates her life to disadvantaged children

 A retired teacher living on Hanoi’s Kham Thien Street, Dao Ngoc Huan has become well known among her community for helping disadvantaged children.

 

Two young men successfully start up with globalized customer support system

 Despite continuous failures from previous startups and on the edge of giving up, two alumni of Ho Chi Minh City University of Technology still strongly hold on to their passion.

BUSINESS NEWS 13/4

French firm to build logistics centre in Vietnam