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HCMC should take prudence over stalled projects in prime land: experts

 The HCMC authorities should review the prevailing legal frameworks and the financial capacity of investors while seeking investments in projects on the city’s prime sites.

First phase of Long Thanh Airport can be completed in three years

 The construction of the first phase of Long Thanh International Airport may be completed in just three years, two years ahead of schedule, which is supposed to start in 2020 and complete in 2025, if the land for the project is made available.

Pen Tower at Hoan Kiem Lake to “turn green” on March 16

 The area of But (Pen) Tower at Hanoi’s Hoan Kiem Lake will be lit up green at 8pm on March 16 in response to Ireland’s “Global Greening” campaign, which aims to observe the Irish national holiday, St Patrick’s Day (March 17).

Banking sector bad debts under microscope

 Local credit institutions have been praised for combating bad debts last year, challenging other private and state lenders to follow suit.

Sacombank sell two big real estate projects to deal with bad debts

 To resolve bad debts, Sacombank has just decided to discount two real estate plots it previously put on sale by nearly VND1.812 trillion ($78.78 million).  

Golden Gate chairman recommended for Mobile World management board

 Mobile World’s bachhoaxanh.com food store chain is seeing good prospects thanks to the co-operation with Golden Gate, which owns more than 300,000 restaurants across the country. 

Treasury stock buyback may leave Yeah1 little profit

 The decision to use all reserve funds to buy back 600,000 treasury stocks may leave Yeah1 (code: YEG) skint of profit.

Vietnam fights against loan sharks and shadow banking

 Officials vowed to fight against loan sharks who are wrecking thousands of lives across Vietnam.

Hanoi to pilot motorbike ban

Hanoi authorities have proposed to pilot a ban on motorbikes on Nguyen Trai or Le Van Luong street. 

Festivals feature unique culture of ethnic people in Dak Lak

 Several festivals were recently held during the ongoing seventh Buon Ma Thuot Coffee Festival in the Central Highlands province of Dak Lak.

Google helps Vietnamese startups go international

 Google has recently announced a programme helping Vietnamese startups go global.

Vietnam affirms commitment to contributing to IFAD activities

Ambassador Nguyen Thi Bich Hue, Vietnamese Permanent Representative to IFAD, has lauded the fund’s support to Vietnam over the years.

Vietnamese violin talent wins first prize at international competition

 Vietnamese violin talent, Nguyen Le, has won the first prize at the “12th International Competition Arthur Grumiaux, Belgium-Brussels 2019".

Hanoi’s air pollution ranked second in Southeast Asia

 Hanoi stood second in Southeast Asia in terms of air pollution just behind Jakarta, according to a 2018 World Air Quality Report jointly conducted by Greenpeace and IQAir AirVisual.

Government moves to legalise P2P lending

 The Government will soon issue a decision to allow a pilot implementation of peer-to-peer (P2P) lending in the country before officially developing laws for the new form of business, Deputy Prime Minister Vuong Dinh Hue said.

Only 1.68 percent of population donate blood

 Vietnam collected 1.336 million blood units in 2018, of which 98.3 percent were donated by volunteer donors who account for only 1.68 percent of the nation’s population.

Vietnam-Myanmar relations increasingly substantive: officials

 The Vietnam-Myanmar Joint Committee for Bilateral Cooperation held its ninth meeting in Hanoi on March 12, during which its members shared the view that the countries’ comprehensive cooperative partnership is becoming increasingly substantive.

State to explore fee cuts for shipping companies

 The Viet Nam Maritime Administration has requested that associations, seaport companies and shipping companies be exempted or allowed to pay reduced service fees for containers stored at seaports for a long time.

Deputy PM issues regulations for industrialisation strategy

 Deputy Prime Minister Trinh Dinh Dung has recently issued the working regulations of the Steering Committee for Viet Nam’s Industrialisation Strategy within the Viet Nam – Japan co-operation framework until 2020 with a vision to 2030.

Vietnam attends third ASOSAI – EUROSAI joint conference

 A Vietnamese delegation led by Deputy Auditor General Doan Xuan Tien attended the third joint conference between the ASOSAI and the European Organisation of Supreme Audit Institutions (EUROSAI) held in Jerusalem, Israel on March 11.