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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.

High supply gives Vietnam's poultry firms chance to reach export markets

Viet Nam’s poultry producers have a big opportunity to export their products thanks to high supply levels, according to the Ministry of Agriculture and Rural Development (MARD).

 

Tran Van Thao’s WBF match cancelled as rival withdraws

A match to vie for the World Boxing Federation’s U52kg category between Vietnamese athlete Tran Van Thao and Argentinean opponent Lucas Emanuel Fernandez Leone later this May has been cancelled.

 

Hai Van Gate national relic site to be restored

The Hai Van Gate national relic site will be restored for preservation as proposed by the People’s Committee of central Thua Thien-Hue province.

Vietnam's firms struggle to reap benefits from CPTPP

A large number of local firms are still struggling to make market entry into CPTPP member countries and grasp opportunities arising from the agreement that came into force over three months ago.

 

Whirlwinds and flooding cause losses for Lao Cai

More than 120 houses were damaged by whirlwinds and flashfloods before dawn yesterday in the northern mountainous province of Lao Cai.

 

Traffic accidents kill 80 during reunification holiday

Vietnam saw 111 traffic accidents on the first four days of Reunification Day and Labour Day holiday, killing 80.

HCM City increases bus tickets

HCM City has raised bus fare from today, May 1, which is expected to help increase the city’s bus revenues by VND92.5 billion per year (USD4 million).

Women detained for cheating tourist

Two women in the northern province of Quang Ninh have been arrested for cheating a tourist who bought two kilos of their lima beans.

 

Vietnam sends relief aid to Zimbabwe cyclone victims

The Vietnamese Embassy, VNA’s bureau and the Vietnamese Women’s Association in South Africa on April 30 handed over relief aid to the Zimbabwe Embassy in support of Zimbabwe people who were hit by Cyclone Idai last March.

National Reunification Day observed in Russia

The Vietnam War Veterans’ Association in Russia on held a ceremony in Moscow on April 30 night to mark the 44th anniversary of the liberation of South Vietnam and national reunification.

 

Hung Kings’ death anniversary held in Canada

The death anniversary of the Hung Kings, the legendary founders of Vietnam, was observed for the first time in Canada on April 30.

 

Over 45,000 people pay tribute to President Ho Chi Minh

The President Ho Chi Minh Mausoleum welcomed 45,615 visitors, including 4,658 foreigners during the holidays in celebration of the 44th National Reunification Day (April 30) and May Day.

Vietnamese veterans in Russia mark national reunification

The Association of Vietnamese Veterans in Russia (AVVR) held a ceremony in Moscow on April 30 to mark the 44th anniversary of southern liberation and national reunification.