english news

Update news english news

BUSINESS NEWS 25/7

Experts have high hopes for inflation scenarios

Controversial express railway project to go before NA next year

The Government will submit the controversial North-South high-speed railway project to the National Assembly (NA) in May next year.

 

Tax tools should be used effectively

The battle against single-use plastic products has not yet delivered any satisfactory results. Solutions are plenty, but what is lacking is their enforcement.

Ensuring African swine fever does not cause a food shortage

Nguyen Xuan Cuong, Minister of Agriculture and Rural Development, talks to Kinh tế và Đô thị (Economic & Urban Affairs) newspaper about measures to prevent a food shortage at the end of this year.

Vietnam among top FDI recipients in ASEAN in 2016-2017

Foreign direct investment flows to ASEAN rose to all-time high of US$137 billion in 2017 from US$123 billion in 2016, according to ASEAN Investment Report 2018.

 

M&A value in Vietnam reaches $5.43 billion in seven months

The value of the merger and acquisition (M&A) deals in Vietnam reached $5.43 billion in the first seven months of this year, according to data released on July 23 by the AVM Vietnam.

 

Red tape hinders development of wind power in Vietnam

Vietnam has very large potentials to increase the generation of electricity from wind and the sun. However, the reason for the lack of progress is cumbersome administrative procedures.

 

Local authorities told to report on land available for social housing projects

The Ministry of Construction has asked cities and provinces throughout the country to make reports on land available for social housing projects.

 

Regulator seeks to revoke Zalo’s domains

The HCMC Department of Information and Communications has asked the competent agencies to revoke the domains of Zalo.vn and Zalo.me, a Vietnamese-made messaging app, due to its unlicensed social network operations.

 

Vietnamese goalkeeper named in Thai league’s team of week

Vietnamese shot stopper Dang Van Lam was named the top goalkeeper of the week in the Thai League by Thailand’s Siam Sports newspaper.

Hoan Kiem Lake erosion poses safety risks

Many parts of Hanoi’s Hoan Kiem Lake's banks have eroded without repair, ruining the landscape and threatening visitors' safety.

Cancer vaccines to be brought to Vietnam

 Vietnam will receive cancer vaccines from Japan in the near future, Prof Ta Thanh Van, Rector of the Ha Noi Medical University (HMU) told Lao Động (Labour) newspaper.

Authorities want banks to give up corporate bond addiction

The Ha Noi Stock Exchange said that Nha Trang Bay Investment and Construction Joint Stock Company successfully issued private corporate bonds worth VND650 billion (US$28.2 million), all of it to the Viet Nam Maritime Bank.

South Korean sentenced 14 years in prison for taxi robbery

A South Korean man has been sentenced 14 years in prison for robbing a Danang taxi driver last year.

 

Teenager swimmer wins Vietnam’s first ticket to Tokyo 2020 Olympics

Swimmer Nguyen Huy Hoang has become the first Vietnamese athlete to book a slot at the Tokyo 2020 Olympic Games, after meeting the Olympic Qualifying Time (OQT) at the ongoing 18th FINA World Championships.

Vietnam ranks fourth among countries with largest number of motorcycles

Vietnam ranks fourth among the countries that house the largest amount of motorbikes in the world, according to Motorcycles Data’s statistics in 2018.

 

Da Nang to purge illegal beach constructions

Da Nang authorities have urged the removal a large number of constructions built by tourism service providers to clean up access to public beaches for the locals.

 

Hanoi to offer free heat shelters

Free heat shelters will be set up in 15 wards in Hanoi under a project jointly supported by the Vietnam Red Cross and the German Embassy in Vietnam.

 

More than 3,800 people killed in traffic accidents in H1

More than 8,300 traffic accidents occurred in the country in the first half of this year, which left 3,810 people dead and over 6,300 others injured, according to the National Committee for Road Safety.

 

Vietnamese honoured for promoting Vietnam-Japan relations

As many as 63 organisations and 206 individuals, including four Vietnamese, were honoured on July 23 in a ceremony in Tokyo for their prominent contributions to developing diplomatic ties between Japan with countries and regions.