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PM Nguyen Xuan Phuc wraps up official visits to Romania, Czech Republic

Prime Minister Nguyen Xuan Phuc arrived in Hanoi at noon of April 18, concluding his official visits to Romania and the Czech Republic.

 

Vietnam should continue economic restructuring: ADB official

Country Director of the Asian Development Bank (ADB) Eric Sidgwick has recommended Vietnam push ahead with restructuring its economy to maintain stable growth in the medium and long terms.

 

Malaria cases in Vietnam drop 70.6 percent after nearly a decade

Vietnam recorded 4,813 malaria cases in 2018, down 70.16 percent from 2009, it was reported at a conference on malaria control in border areas held in the Central Highlands of Dak Lak on April 18.

 

Thanh Hoa to celebrate 990th naming anniversary

Lam Son Square in the north central province of Thanh Hoa will be turned into a kaleidoscopic stage for a grand ceremony to mark the 990th anniversary of the locality’s naming on May 8.

 

Con Dao’s airport to be expanded

Minister of Transport Nguyen Van The has supported the upgrade and expansion of Co Ong airport in Con Dao island district, in the southern province of Ba Ria-Vung Tau.

 

Drug trafficking suspects arrested in Son La, Hoa Binh

Police in the northern mountainous province of Son La arrested a suspect illegally transporting nearly 6.5 kilogrammes of heroin in Long Luong commune, Van Ho district, on April 17.

 

US, EU investment capital poured into southern Vietnam

Foreign direct investment (FDI) from the EU and US has been pouring into southern localities like Ho Chi Minh City, Dong Nai, and Binh Duong provinces.

 

Vietnam wants more support from IMF: Party official

Vietnam hoped that the International Monetary Fund (IMF) will continue cooperating closely with the country and provide it with more assistance, training and policy consultancy, a senior Party official has said.

 

Logo design contest for ASEAN Year 2020 launched

A design contest for the logo of the ASEAN Year 2020 was launched in Hanoi on April 18.

 

Industrial property boosts appeal to investors

A large number of companies from Europe, the Republic of Korea, Japan, and China are choosing to invest in building manufacturing facilities in Vietnam, promising a boost to the development of the industrial property segment.

 

Ha Nam province to host Vesak 2019 this May

Vesak 2019, or the 16th United Nations Day of Vesak (UNDV), will be celebrated at the Tam Chuc Buddhism Culture Centre, Kim Bang district, Ha Nam from May 12-14, marking it as the third event of its kind to be held in Vietnam.

 

Vietnam's National Assembly Chairwoman affirms Vietnam’s ties with US

National Assembly Chairwoman Nguyen Thi Kim Ngan affirmed Vietnam’s external policy of treasuring ties with the US during a reception in Hanoi on April 18 for US Senator Patrick Leahy, Vice Chairman of the US Committee on Appropriations.

 

The most powerful families in Vietnam’s banking sector

Techcombank (TCB) and VP Bank (VPB) are now the two biggest private banks in Vietnam, while the families of Ho Hung Anh and Ngo Chi Dung, the biggest shareholders of the banks, are the most powerful families in the banking sector.

Rearranging retail via M&A

Mergers and acquisitions are on the upswing in the crowded Vietnamese retail market, bolstered by local retailers expanding their presence amid fierce competition.

 

BUSINESS NEWS 19/4

Three large-scale projects to kick off in Can Tho in Q2

 

Foreign investors dominate Vietnam’s leading firms

With the growing participation of foreign players in Vietnam's financial market, big international names are gradually dominating Vietnamese leading brands.

Opportunities open for Vietnamese players at K League

Vietnamese players are being offered a better chance to compete in the K League as the Korean professional football league announced on April 18 that it will increase its quota for players from Southeast Asia starting next year.

 

Labour ministry to recruit 4,000 Vietnamese to work in RoK

Nearly 4,000 Vietnamese labourers working in the manufacturing, construction and fishery sectors will be recruited to work in the Republic of Korea (RoK) under the Employment Permit System (EPS) programme.

 

Vietnam, US talk collaboration in airport infrastructure development

The US Consulate General in Ho Chi Minh City on April 18 held a workshop on boosting Vietnam-US cooperation in airport infrastructure development in Vietnam, gathering 80 representatives of the public and private sectors of both nations.

 

Yonhap inaugurates Southeast Asian office in Hanoi

The Yonhap News Agency of the Republic of Korea (RoK) inaugurated its Southeast Asian representative office in Hanoi on April 18.