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Shareholders voted for him to replace Dang Tat Thang, who was appointed in March after his predecessor Trinh Van Quyet was arrested for allegedly manipulating the stock market. Thang now serves as vice president of the company. Nguyen, brother-in-law of Quyet, has more than 17 years of experience in doing business and used to hold leading positions in many businesses. He was also a member of the board of directors of FLC Group from 2013 to October 2017 and from June 2018 to June 2020. FLC said it would focus on restructuring its management model and business plans this year. Several of its key leaders have been detained amid an investigation into possible stock market fraud that caused "serious damage to investors and affected the operations of Vietnam's stock exchange," according to the Ministry of Public Security. The company suffered losses of VND465 billion ($19.85 million) in the first quarter, its biggest in the last two years. … [Read more...] about FLC Group names new chairman

The five-day visits of Vietnam’s National Assembly Chairman Vuong Dinh Hue to Hungary and the UK marked a new milestone in bilateral relations, eventually contributing to the Vietnam-EU partnership. The Chairman’s official visit to Hungary was significant amid the 72nd anniversary of diplomatic relations and approaching the five-year mark of the comprehensive partnership (2018 – 2023). In addition, Hungary was Vietnam’s first comprehensive partnership in Central and Eastern Europe, as the former has been actively supporting Vietnam in both multilateral frameworks and also in Vietnam-EU relations. NA Chairman Vuong Dinh Hue and Hungarian Prime Minister Viktor Orban. Source: VNA It was noted worth mentioning that Hungary was the first among EU members that ratified the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). Chairman of the NA’s Foreign Affairs Committee Vu Hai Ha said meetings between Chairman … [Read more...] about New milestone in Vietnam’s relations with Hungary, UK

In mid-June, Van Anh and her family of four took a summer holiday in Da Nang, famous as the country’s most livable city, but they felt that the trip was made boring because they had nothing to do in the evening. "Besides swimming, eating out and visiting Ba Na Hills, I realized that Da Nang has very few services for tourists, especially in the evening. After eating, we come back to the hotel and there are no more night-time activities," she said. Thu Huong, another tourist from Hanoi, also spent a night in Da Nang last month and watched a fire breathing act on the iconic Dragon Bridge at night. She said she didn’t know what else she could do. "From 9:30 p.m. streets in Da Nang started emptying and looking deserted. There were a few night markets and backpacker streets with poor services," Huong recalled. Industry insiders acknowledge that it has been the case for years that the city has not been meeting the demand of high-spending tourists for night-time activities. At a … [Read more...] about Da Nang lacks nightlife entertainment

A free swimming course sponsored by a local man has benefited about 1,000 children from seven to 15 years old in Phan Rang-Thap Cham City under the south-central Vietnamese province of Ninh Thuan. Le Nguyen Le Vi, a resident of the city, is the sponsor of the swimming program, which has taken place at the swimming pool of Hoa Sen Ninh Thuan Kindergarten - Elementary School from Monday to Friday every week. Children participating in the course are taught basic skills, such as swimming on their stomach, breaststroke, breathing underwater, and saving themselves from drowning. More than 2,000 children aged under 16 years in Vietnam lose their lives every year due to drowning, the World Health Organization cited an estimate in 2020. Many participants have said the course is helpful as it enables them to swim and improve their swimming safety skills. Below are photos of the free swimming course for children in Phan Rang-Thap Cham City, Ninh Thuan Province: Children take … [Read more...] about Nearly 1,000 children take free swimming lessons in south-central Vietnam

At the welcome ceremony for passengers on the flight (Photo: VNA) Da Nang (VNA) - Flight K6 840 departed from Siem Reap of Cambodia at 3:35 pm on July 1 and landed safely at Da Nang International Airport at 5:35pm on the same day. This is the first commercial passenger flight to be re-operated on the Siem Reap - Da Nang route after more than 2 years of hiatus due to the COVID-19 pandemic. "Efforts to restore tourism and resume direct flights between Cambodia and Vietnam are aimed at celebrating the 55th anniversary of bilateral diplomatic relations," said Nguyen. Xuan Binh, Deputy Director of the Da Nang Department of Tourism. He said the direct route from Da Nang to Siem Reap further affirms the strategic position of Da Nang for international tourist markets as the gateway to world heritage sites. It is expected to contribute to boosting travel demand between Vietnam and Cambodia, as well as facilitating the exchange of international visitors between Siem Reap … [Read more...] about Siem Reap – Da Nang air route resumed

Speakers in the workshop in Quy Nhon city (Photo courtesy of the organiser) Binh Dinh (VNA) – A workshop recently took place in Quy Nhon city, central Binh Dinh province, to discuss the improvement of awareness in plastic waste collection and recycling to promote the circular economy in Vietnam. The event was held by PepsiCo Vietnam , the Centre of Education and Development (CED), and the Vietnam Chamber of Industry and Commerce (VCCI) - Da Nang branch. It was part of the “Increase awareness in plastic waste management” project funded by PepsiCo Foundation through Give2Asia and implemented by CED in collaboration with partners in Vietnam from January 2020 to December 2022. One of this project’s objectives is to raise awareness of small and medium enterprises (SMEs) in Vietnam through plastic waste collection and treatment management in order to apply a circular economy model for sustainable business development. The workshop saw the participation of 70 delegates … [Read more...] about Workshop discusses plastic waste collection, recycling