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Charitable bike ride raises funds for underprivileged children

Fifteen volunteer riders last week completed their Hanoi to HCMC (H2H) charitable bike ride stretching more than 2,000 kilometers of Vietnam to raise funds for underprivileged children.

 

Vietnam’s PMI hits four-month high

The Vietnamese manufacturing sector maintained its growth in April as firms were once again successful in securing new orders, with the Manufacturing Purchasing Managers’ Index (PMI) rising to a four-month high of 52.5 from 51.9 in March.

 

Hundreds of households to be relocated from flood-prone areas

Authorities of the northern central province of Thanh Hoa have decided to relocate 322 local households from areas which are vulnerable to landslides and floods.

Vietnamese woman held in Malaysia for murder of N Korean man set free

Vietnamese citizen Doan Thi Huong was released from a women’s prison in Selangor state of Malaysia at about 7.10am (local time) on May 3 and received by a delegation of the Embassy of Vietnam in Malaysia.

 

Ministries urged to allow use of State budget for banks’ capital hikes

The State Bank of Viet Nam (SBV) has continued to urge relevant ministries to revise legal frameworks in order to allow large State-owned commercial banks to use the State budget for their capital increases.

 

Ninh Thuan strives to develop wine grape cultivation

Grapes have long been a specialty of Ninh Thuan province. Besides sweet grapes, wine grapes are also planted in the central locality. However, the supply is yet to meet even domestic demand.

 

Ha Tinh fishermen earn big from shellfish

In recent days, fishermen in Loc Ha and Cam Xuyen districts (Ha Tinh province) have made huge profits from scallop. This is considered a great resource that is rarely available to fishermen here.

 

Review of policies for biofuel E5 RON 92 proposed over disappointing sales

Saigon Petro Company Limited recently proposed policies for the development of E5 RON 92 to be reviewed over the significant declines in sales of this biofuel.

 

Financial requirements keep domestic firms out of expressway project

The Ministry of Transport’s strict financial requirements for the North-South expressway project may push local investors out of the project.

 

Fire burns down Hanoi West Lake floating restaurant

An abandoned floating restaurant on Hanoi’s West Lake burnt down on Thursday morning.

 

Vietnam Private Sector Economic Forum focuses on value chains

The Vietnam Private Sector Economic Forum 2019 opened in Hanoi on May 2, with a special conference focusing on the sustainable formation and development of agro-forestry-fishery value chains for international integration.

 

Vietnam Cafe Show 2019 opens in HCM City

The Vietnam Cafe Show 2019 opens in Ho Chi Minh City on May 2.

 

Vietnamese Students' Sport Festival opens in Moscow

The 2019 Vietnamese Students' Sport Festival kicked off in Moscow on May 1, drawing more than 1,000 athletes who are Vietnamese students learning in Russia.

 

Wholesale, retail, vehicle repair see highest number of new firms: GSO

Whole sale, retail, and vehicle repair service saw the joining of 16,100 new businesses, the highest number in the first four months of this year, up 14% year on year and accounting for 37.2% of the newly-established firms of the country.

 

Overseas Vietnamese to convene first economic forum in RoK

The first Overseas Vietnamese Economic Forum is scheduled to run on April 6 – 9 in Incheon, the Republic of Korea (RoK).

 

VinGroup to launch electric bus services in five cities

Conglomerate VinGroup has set up VinBus, its subsidiary specialising in transport services, announced the property developer on May 2.

 

Ly Hoang Nam suffers defeat in Savannah Challenger

Ly Hoang Nam, Vietnam’s highest ranked tennis player, suffered a shock defeat in the second round of the ongoing Savannah Challenger tennis tournament after failing to beat Paolo Lorenzi of Italy on May 2.

 

HCM City’s International University gains AUN-QA accreditation

The International University of the Vietnam National University - Ho Chi Minh City has been presented with an institutional ASEAN University Network-Quality Assurance (AUN-QA) quality certificate.

 

BUSINESS NEWS 2/5

VN stocks may go sideways in post-holiday trading

Da Nang condotel market slows but remains robust

Due to the unclear regulations on condotels, the market in Da Nang slowed down in the first quarter, according to Colliers International Vietnam’s Quarterly Knowledge Report.