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BUSINESS NEWS 20/5

Banks should compete relying on their unique strength

 

EVN announces rooftop solar power buyback to promote renewable energy

Vietnam Electricity Group (EVN), the country’s sole power distributor, has announced to buy rooftop solar power from its customers in case they don’t use up the volume their solar panels produce.

Finance ministry to monitor suspicious securities transaction later this month

The Ministry of Finance (MoF) will closely monitor securities transactions showing irregularities from later this month, according to Bao Viet Securities Company (BVSC).

Ministry proposes environmental protection tax cut for biofuel

The Ministry of Industry and Trade said that it has proposed the Prime Minister to consider adjusting the environmental protection tax rate for biofuel in general and E5 RON92 ethanol gasoline blend in particular.

North-South expy project attracts 150 domestic, international firms

A seminar to promote investment in the North-South expressway project was organized by the Ministry of Transport on May 17, drawing interest from some 100 local firms and 50 international organizations and investors.

 

Hue Traditional Craft Festival 2019 offers attendants exciting moments

Hue Traditional Craft Festival 2019, taking place in seven days from April 26, attracted both locals and tourists.

Vietnam PM to tour 3 European partners next week, partly for EVFTA

Vietnam’s Prime Minister Nguyen Xuan Phuc will make official visits to Russia, Norway, and Sweden on May 20-28 with an aim to boost strategic ties and speed up the ratification of the EU-Vietnam Free Trade Agreement.

Indonesian choir wins international contest in Hoi An

The Vocalista Angels Yason Christy Pranowo choir from Indonesia won the top prize at the sixth Vietnam International Choir Competition which took place in Hoi An city in the central province of Quang Nam from May 15-19.

 

Tra fish shipments to US, China fall

Shipments of Tra fish from the Mekong Delta to the US and China, two of the biggest buyers of the products, have dropped compared to the figure last year.

 

Hello Kitty park project to be started in Hanoi

A ceremony was held in Hanoi on May 19 to announce the implementation of Sanrio Hello Kitty World Hanoi by BRG project - the first entertainment complex by the group in Southeast Asia.

 

V.League: Three-star win lifts Saigon FC to third place

Three goals scored in the first half helped Saigon FC beat newly promoted Viettel 3-0 on May 18 to climb into third place in the table, level with fourth-placed Song Lam Nghe An on 17 points but with a better goal difference.

 

Photo exhibition boasts beauty of central Vietnam

A total of 118 photos highlighting the beauty of the land and people in Vietnam’s north central region are being displayed at an exhibition which opened in Vinh city, Nghe An province, on May 17.

 

Magnetic ATM cards replaced with chips beginning May 28

Commercial banks in Vietnam will initially replace some 21 million magnetic ATM cards with chip cards beginning May 28, as the State Bank of Vietnam (SBV) has ordered issuing banks to convert their 75 million ATM cards to new chip cards.

 

OTAs finding favor

Online travel agencies (OTAs) in Vietnam are striving to capture the opportunities created by the country's booming tourism market.

PwC Digital Trust Insights Survey: Cybersecurity helps organisations outperform their peers

Organisations taking a business-driven cybersecurity approach to their digital initiatives achieve better outcomes and outperform their peers, according to PwC’s May 2019 Digital Trust Insights Survey.

After 7 decades, To Hoai’s 'Diary of a cricket’ still wins hearts around the world

In 1941, ‘Diary of a cricket’ was published for the first time and immediately aroused a strong interest in young readers.

Hanoi Animal Save makes Hanoi cleaner

Ever since the Trashtag Challenge became viral in Vietnam, lots of groups and organizations have been organizing cleanups all over the country to promote a cleaner and safer image of Vietnam.

 

Guitar legend Bill Frisell to stage first performance in Vietnam

Grammy award-winning guitarist Bill Frisell will perform in Vietnam for the first time at Soul Live Project Complex in District 3, HCMC on May 26.

Da Nang to penalize hotels discharging untreated sewage

Authorities of the central coastal city of Danang in September will conduct inspections and penalize hotels and restaurants found to have discharged untreated sewage into the environment.

 

EC to review yellow card on Vietnamese seafood in November

The EC has rescheduled a visit to Vietnam for November to review the country’s efforts to have the restrictive yellow card on its seafood products removed, instead of visiting in June as previously planned.