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Construction Ministry's inspectors admit to demanding bribes of VND250 million

Two inspectors of the Ministry of Construction confessed to the police of Vinh Phuc Province that they asked for bribe worth VND250 million while on duty in the province to approve the declared values of some projects.

 

Vietnam's midfielder Quang Hai named in top 6 Asia to play in Europe

Vietnamese midfielder Nguyen Quang Hai has been named one of six notable names of Asia that are good enough to play in Europe this summer.

Vietnam enter quarter-finals of AFC U-20 futsal champs

Vietnam came from behind on Saturday to defeat Tajikistan 2-1 in the group stage and book their place in the quarter-finals of the AFC U-20 Futsal Championships in Iran.

Rampant hotel development is a waste of national resources

The hotel room redundancy is deepening in various parts of the country, especially Nha Trang City in Khanh Hoa Province, despite, paradoxically, a steep rise in international visitor arrivals in the past few years.

Vietnamese, Russian leaders exchange greetings on friendship ties anniversary

Party General Secretary and President Nguyen Phu Trong and President of the Russia Federation V. V. Putin have exchanged greetings on the occasion of the 25th anniversary of the treaty on basic principles for the bilateral friendship.

BUSINESS NEWS 17/6

Aquatic firm sets to withdraw from two sub units

European Art of Living exhibition opens in HCM City

The 3rd Eurosphere – European Art of Living exhibition opened on June 14 at the InterContinental Saigon Hotel in HCM City’s District 1.

 

Sydney Opera House blown away by Vietnam Bamboo Circus show

For the first time ever, a contemporary Vietnamese art show has wowed audiences at the prestigious Sydney Opera House.

Move over Hanoi Hannah … meet Havana Hannah

On a summer morning just before Vietnam’s Reunification Day, April 30, an elderly American lady showed up at VOV’s office.

 

OVs in France mark 100th anniversary of patriotic movement

A ceremony marking the 100th anniversary of the movement of Overseas Vietnamese (OV) in France was held on June 15 at the Maison de la Mutualité in Paris.

Vietnam to raise IPO standards to minimize risks for investors

According to the government’s report, since more than 81 percent of the country’s public companies have charter capital of over VND30 billion, the revision thus will affect only a minority of firms.

 

Quang Liem victory enough to secure Asian Chess Championship title

Vietnamese chess player Le Quang Liem enjoyed victory in the standard event of the Asian Continental Chess Championship 2019 which took place in China, the first time he has won the tournament.

 

Mong ethnic people cultivate on rocks

"Live on rocks and die buried in rocks". That is how people from the Mong Meo Vac ethnic group define their identity. 

Vietnam’s liberalization efforts lead to booming tourism industry

Tourism is likely to become Vietnam’s new growth pillar, increasing its contribution to the service sector and overall GDP.

Rising labor costs erode Vietnam’s appeal to foreign investors

As its labor cost is equal and even higher than other countries, Vietnam will have to replace the cheap labor advantage for the skilled workforce advantage in the coming time to raise the competitiveness.

 

M&A gateway to firms’ growth and expansion

More Vietnamese companies are turning to­ mergers and acquisitions to beef up their domestic market presence and boost growth.

 

Does Huawei have a chance to grasp share in Vietnam’s 5G deployment?

Three major mobile carriers in Vietnam have recently announced information of cooperation plans with foreign partners in the roadmap of 5G implementation but no one has mentioned Huawei.

 

Vietnam's cement industry needs big “players” for high efficiency

The cement industry needs capable investors and large-scale producers to navigate eco-friendly and high efficiency production and generate quality products at lower costs, said Vietnam Cement Association chairman Nguyen Van Cung.

 

Blood donors needed to save more lives in Vietnam

Although emergency blood donations in remote, border and island areas have been launched in recent years, they are yet to meet the needs of urgent cases.

Vietnam’s Eastern North-South expressway set for kick-start next April

The Eastern North-South expressway project includes 11 sub-projects with total length of 654km running through 13 provinces, of which three will be financed by state budget and eight under the PPP and BOT financing.