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Vietnam holds advantages as investors look beyond China: Experts

Vietnam holds a number of advantages against other countries at a time when investors are looking to exit China, according to experts.

Vietnam urged to readjust development strategy in post-pandemic period

With a limited state budget, Vietnam should mobilize social resources to support startups and large-scale enterprises, those considered capable of driving the economy forward.

Vietnam gov't mulls lowering 2020 GDP growth target to 4.5%

A lower GDP growth target is inevitable as the Covid-19 pandemic is wreaking havoc on the world economy, said Minister of Planning and Investment Nguyen Chi Dung.

Vietnam economy accelerates to get back to normal state

With the resumption of key economic sectors' activities, such as manufacturing, services and retail, Vietnam’s economy is accelerating to get back to its normal state.

Foreign investors call for greater flexibility in Vietnam's upcoming PPP law

A lack of a unified legal framework governing PPP is the main factor that Vietnam’s infrastructure sector growth potential is capped at 6.1% per year through 2029.

26 Vietnamese people volunteer to donate lungs to British pilot

As many as 26 Vietnamese people have volunteered to donate part of their lungs to save a critically ill British pilot, Vietnam’s 91st COVID-19 patient, the National Co-ordination Centre for Human Organ Transplantation has said.

Vietnamese designer debuts first COVID-19 fashion collection

Designer Chung Thanh Phong has introduced a fresh collection with the theme of “Save Yourself”, sending a message that it is the responsibility of each individual to know how to best protect their own health in the fight against coronavirus.

Asian hotel investors pivot to debt financing as owners look to shore up balance sheets

Hotel owners across Asia are seeking greater access to debt financing to bolster cash flows as they face historically low occupancy rates.

UK economy shrinks at fastest pace since financial crisis

The UK economy shrank at the fastest pace since 2008 in the first three months of the year as coronavirus forced the country into lockdown.

 

Coronavirus: Japanese sumo wrestler dies at 28

Shobushi, aged 28, was the first sumo wrestler diagnosed with Covid-19 and died of organ failure.

Coronavirus: India announces $264bn economic rescue package

Narendra Modi outlines financial support for farmers and small businesses hit by the virus shutdown.

Vietnam flies over 300 citizens from Russia home

A flight took off at Sheremetyevo airport, Moscow on May 12, bringing home over 300 overseas Vietnamese in Russia. It is expected to land in Van Don airport, Quang Ninh province on May 13 morning.

Coronavirus: Wuhan draws up plans to test all 11 million residents

Wuhan has proposed an ambitious battle plan to test its entire population in just 10 days.

Kindergarten, primary school pupils head back to school in Hanoi

Thousands of pupils returned to kindergartens and primary schools throughout Hanoi on May 11 following their long closure as a result of the novel coronavirus (COVID-19).

Cinemas gear up to re-open from May 9

After being suspended for a long period of time due to the threat from the novel coronavirus (COVID-19), cinemas across the country are poised to resume operation from May 9.

Lung transplant considered for ailing British COVID-19 patient

The Ministry of Health (MoH) is considering a lung transplant for a British man infected with COVID-19, who was the 91st patient and also the most severe case in the country.

Low business performance may prompt Vietnam c.bank to further cut policy rates

The central bank of Vietnam had previously cut the benchmark interest rates by 0.5 – 1 percentage point in March.

Coronavirus: Dallas hair salon owner jailed for week for defying lockdown

Shelley Luther told a Texas judge feeding her children was not selfish, but he jailed her for a week.

Trump says coronavirus worse 'attack' than Pearl Harbor

"There's never been an attack like this," says the US president, blaming China for failing to stop it.

Financial breakdown of VAS revealed through dispute with parents

The recent disputes over school fees between VAS and parents have revealed painful weaknesses in financial management and training quality at the institute.