Covid test kit research fraud initiator receives 15 years behind bars
A Hanoi court has sentenced the initiator of a Covid-19 test kit research fraud case, former senior Ministry of Science and Technology official Trinh Thanh Hung, to 15 years in prison.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam industry sector continues recovery with 5.5% growth in Oct
Vietnam’s industrial sector continued on its road to recovery as the index of industrial production (IIP) rose 5.5% in October from September, while the January-October index was up 0.5% year-on-year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
WB facilitates inclusive, sustainable Vietnam recovery with $264 mln credit
The World Bank has approved a $263.9 million credit package from the International Development Association to propel Vietnam’s inclusive, green and digitally-driven economic recovery.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam economy expected to grow 6.5% this year: OECD
Vietnam is likely to achieve GDP growth of 6.5% in 2023 and 6.6% in 2024, according to a report released by OECD on Wednesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
One more corporate executive arrested in pandemic repatriation flight scam
Tran Tien, director of Phi Truong Trading and Tourism Company Limited, was detained on Tuesday on charges of giving bribes related to flights that brought Vietnamese home from overseas during the Covid-19 pandemic.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Binh Duong vice chairman disciplined over Covid violations
Prime Minister Pham Minh Chinh has taken disciplinary action against Mai Hung Dung, standing vice chairman of Binh Duong People's Committee, for violations related to the province's fight against Covid-19.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Wellness tourism an emerging, promising business in Vietnam
The wellness tourism market is growing in Vietnam, driving tourism companies to invest more in unique products and services to cash in on new opportunities.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Prime Minister reprimands Dong Thap province chairman
Two and a half months after being disciplined by the Central Inspection Committee, Pham Thien Nghia, chairman of Dong Thap People's Committee, was reprimanded by the Prime Minister for violations and shortcomings at work.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam GDP growth likely 6.62% in 2023: UOB
Singapore's United Overseas Bank (UOB) predicted Vietnam's GDP growth for 2023 at 6.62%, slightly above the target of 6.5% set by the country's National Assembly.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam tourism companies adapt to market challenges
The number of foreign arrivals to Vietnam in 2022 is far from the level recorded prior to the Covid-19 pandemic, causing many financial woes for the country's travel service companies. But many firms have navigated the tough situation to ride out the difficulties with new initiatives.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Quang Ninh vice chairman resigns after Covid test kit bidding scandal
Quang Ninh Vice Chairman Pham Van Thanh has stepped down following the provincial Party leaders' approval Friday per his wish, three months after he was disciplined for violations in a Covid test kit bidding scam.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Company executive arrested for bribery in pandemic repatriation scam
Tran Hong Ha, director of Sao Viet International Commercial and Human Resources Supplying Company, was detained Friday for bribery in a scam involving repatriation flights to Vietnam amid the Covid-19 pandemic.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Danang chairman reprimanded in Covid test kit scam
Le Trung Chinh, deputy secretary of Danang’s Party Committee and chairman of the central city, was reprimanded Thursday by the Central Inspection Committee.
Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam among most exciting investment destinations: EuroCham
Vietnam offers great investment opportunities, and European businesses are very excited about the country's prospects in the medium- to short-term, says Alain Cany, chairman of EuroCham Vietnam.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
85% of businesses expect better situation in Q3: survey
Up to 85% of enterprises in the processing, manufacturing and construction sectors in Vietnam expected better or stable business situation in the third quarter of this year, according to a survey conducted by the General Statistics Office (GSO).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Over 40 million Vietnamese people granted Covid-19 vaccine passports
More than 40 million Vietnamese people held Covid-19 vaccine passports as of July 20, according to the Ministry of Health.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Coworking spaces enjoy 90% occupancy in Hanoi, HCMC: report
Coworking spaces in Hanoi and Ho Chi Minh City enjoyed a 90% occupancy rate in 2021, according to a report by consultants Acclime Vietnam and Knight Frank.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Strong economic recovery post pandemic buoys Vietnam banks
A State Bank of Vietnam survey has found commercial banks upbeat about profit and credit growth for the third quarter and the year as a whole.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hanoi steps up vaccination amid rising Covid, dengue fever cases
Districts in Hanoi have stepped up vaccination efforts, given increasing cases of Covid-19 over the past days with the detection of Omicron subvariant BA.5.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam promising destination amid global production shift
Vietnam is considered an attractive destination among major companies shifting some or entire production lines out of China amid pandemic-induced disruptions.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Covid-19 yet to reach endemic status: health ministry
The Ministry of Health on Monday proposed to continue considering Covid-19 a Group A infectious disease, or a specially dangerous and highly transmission illness with high mortality rate, rather than an endemic affliction.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Off-season travel trends Vietnam tourism could cash in on
Popular travel destinations are feeling the pressure as tourism bounces back from a pent-up, two-year low.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Adapting to 'new normal' labor trends key to talent retention
During the unprecedented "new normal", adaptability and change management lend businesses a competitive edge in a fast changing environment, says Andree Mangels, general manager of ManpowerGroup Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Low wages disempower Vietnamese workers
Surveys performed by trade unions over a number of years reveal around a third of Vietnamese workers are destitute, have debts, and even acquire "shark loans" using social insurance and identity cards as collateral.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Labor reshuffle has businesses struggling to recover post pandemic
Many business owners are struggling to recover and rebuild amid a Covid-induced labor shortage, with employees increasingly seeking greater benefits.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Port infrastructure fee reduction to decongest HCMC road system
Ho Chi Minh City has proposed lowering seaport infrastructure fees by half for commodities delivered by waterway, with the same amount applied to firms in the city and other localities.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam carriers seek 10 mln foreign arrivals in 2022
Vietnamese airlines are expected to see nearly 10 million international arrivals in 2022, nearly 100 times more than last year amid an ease in travel restrictions post pandemic.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fake Covid drugs land pharmaceutics director in jail
Pham Ngoc Bich, director of a pharmaceutical company, has been accused of producing fake Covid-19 medication in his Long An province-based factory.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Malaysia hits million int'l arrivals, tops Southeast Asia
Malaysia, since its border reopening on April 1, has managed to attract over a million foreign tourists, thrice higher than Vietnam and leading Southeast Asia post-pandemic.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
British investors look to Vietnam in 2022, beyond
Vietnam has maintained high economic growth over the past years, attracting many foreign investors, including those from the UK, according to a market entry advisor at global consultant firm Dezan Shira & Associates.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
New decree to beef up real estate transfer
The real estate market in Vietnam has grown more active after a gloomy period due to pandemic fallouts, boosted by supportive state policies.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
World Bank raises Vietnam GDP forecast to 5.8%
The World Bank on Tuesday raised Vietnam’s GDP prediction this year to 5.8% from 5.3% in its April forecast.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Former FLC chairman earns $42 mln from market manipulation: police
Trinh Van Quyet, then chairman of FLC Group, asked his sister to open 450 accounts at 41 securities companies to manipulate the stock market, illegally earning VND975 billion ($42 million), initial investigation results show.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam soars in Covid recovery index post pandemic
Vietnam ranked 14th out of 121 countries and territories, logging its best performances, in the May edition of Nikkei’s Covid-19 Recovery Index.
Society - Mon, Dec 22, 2021 | 11:30 am GMT+7
Int'l arrivals to Vietnam soar 13 times year-on-year in May
Vietnam welcomed roughly 172,900 international tourists in May, a 70.6% rise over April and 12.8 times higher than the same month last year.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
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