Vietnamese lenders

Vietnam has the 15th largest population of smokers in the world, and approximately 40,000 people die each year from diseases caused by smoking. National lawmakers have called on the Government to ban all e-cigarette products in Vietnam soon, citing health concerns. A no-smoking sign is labeled at a bookstore in Hanoi. Photo: Văn Sinh/The Hanoi Times The Government should amend the Law on Tobacco Harm Prevention and related regulations to stop the trade, circulation and use of e-cigarettes in Vietnam, Hanoi deputy Nguyen Anh Tri said on June 1. All these actions should be dealt with under the Penal Code, he said. Tri said new generations of cigarette products, including e-cigarettes, may contain illegal drugs and cause severe damage to people's health. However, he said, hardly anything was done to prevent these products from adversely affecting society. He called on the government to reduce the smoking rate to 30% by 2030. "The Government needs … [Read more...] about Vietnamese Government urged to ban e-cigarettes

Vietnamese Ambassador to the Netherlands Pham Viet Anh speaks at the event (Photo: VNA) Hanoi (VNA) – The Vietnamese Student Association in the Netherlands (VSNL) has recently held a career fair at the headquarters of the Vietnamese Embassy in the European country. Speakers, those who had graduated and are working in the Netherlands, shared their experience on career options and required procedures when applying for a job. Netherlands Pham Viet Anh highly appreciated the VSNL's initiative and efforts in connecting students and the Vietnamese community, creating opportunities for them to grasp information, knowledge and experience. The Ambassador also answered many questions raised by students as well as shared experience in learning and career orientation. While affirming the Embassy's support for students' activities, he wished the future generation of the country to study well to achieve high results, nurture their ambitions and succeed in their careers./ VNA … [Read more...] about Vietnamese students in Netherlands hold career fair

The Vietnamese job market saw a plunge in recruitment demand in January-April, with hiring of foreigners and overseas Vietnamese tumbling 39 percent compared to the pre-pandemic level due to the global economic downturn, according to a report recently issued by Navigos Group, one of the leading recruitment companies in Vietnam. In addition, there was a significant drop of 63 percent in demand for hiring seasonal workers and individuals on short-term contracts. Similarly, the demand for recruiting new graduates also experienced a substantial decrease of 49 percent. Following the prevailing market fluctuations and economic downturn, there was a noticeable decline in labor recruitment demand for various positions including foreigners, overseas Vietnamese, seasonal workers, short-term contracts, new graduates, and mid-level and senior professionals, according to the Navigos Group report. Overall downtrend Navigos Group conducted the analysis using job posting data from its … [Read more...] about Vietnam sees steep decline in hiring of foreigners, overseas Vietnamese

Vietnamese Prime Minister Pham Minh Chinh in a recently-signed dispatch ordered the adoption of urgent measures to alleviate goods congestion and facilitate the export of agro-products along the border with China. The dispatch was issued at a time when border gates in the northern border province of Lang Son have seen an upsurge in the number of container trucks carrying farm produce for export, resulting in a prolonged customs clearance process and limited clearance capacity. Several fruits, meanwhile, are now ready to harvest in the country. This could pose a higher risk of congestion at the border gates as more container trucks transporting fruits for export to China will head to these areas. Therefore, PM Chinh urged the authorities in northern border provinces and relevant agencies to review regulations on the import and export of farm produce between Vietnam and China. They were told to work with the Chinese side to streamline the customs clearance process, extend … [Read more...] about Vietnamese PM orders emergency measures to ease farm produce congestion border with China

On display are over 20 publications chosen among more than 1,000 works published during the first development stage of quốc ngữ in the late 19th century and the first half of the 20th century. They have been collected by the University Library of Languages and Civilizations (BULAC). At the beginning of the 20 th century, the French government supported the spread of Chu Quoc ngu , so many Vietnam ese publications were collected and were later transferred to the University Library of Languages and Civilizations. Quoc ngu was the result of the cooperation between western Catholic missionaries and Vietnam's first Catholic scholars to facilitate the preaching work. Easy to read and write, Quoc ngu was gradually accepted and gained popularity in the country. It is now now universally used in Vietnam and is the official writing system./. VNA … [Read more...] about Old Vietnamese publications in Romanized script on display in Paris

HANOI -- Vietnam's most valuable listed lender, Vietcombank, is tapping advisers for plans to raise at least $600 million in fresh equity capital to build firepower and better compete with its rivals, two sources familiar with the matter said. The majority state-owned bank, with a market capitalisation of nearly VND450 trillion ($19 billion), has been trying for years to raise its core capital, which is the lowest among Vietnam's state lenders. Pressure on Vietcombank has increased in recent weeks after private lender Vietnam Prosperity Joint Stock Commercial Bank (VPBank) sold a $1.5 billion stake in March to Japan's Sumitomo Mitsui Financial Group Inc. Vietcombank is now doubling down its efforts for an equity private placement, partly to meet the market challenge of its local rivals including VPBank, said the two sources, who declined to be named as the discussions were confidential. The move comes as Vietnam's banks face heat from a slowing economy and protracted turmoil … [Read more...] about Top Vietnam bank weighs share issue to raise at least $600 mln: sources

PM Nguyen Xuan Phuc said Vietnam will facilitate Russian-invested oil and gas projects. Vietnam’s Prime Minister Nguyen Xuan Phuc on December 24 held a phone talk with his Russian counterpart Dmitry Medvedev to keep a close watch of cooperation activities, according to the Vietnamese Ministry of Foreign Affairs (MOFA). Vietnam’s Prime Minister Nguyen Xuan Phuc holds talks with Russian counterpart Dmitry Medvedev on Dec 24. Photo: Baodansinh The talk, which is described as of “openness and trust”, focused on results of the implementation of agreements signed in PM Phuc’s Russia visit in May 2019, and measures to boost the efficiency of bilateral coordination in different fields. The two leaders hailed joint work to lift barriers for agro-aquatic and seafood products, helping to fully tap advantages of Vietnam – Eurasian Economic Union Free Trade Agreement (Vietnam-EAEU FTA) amid global economic uncertainties. PM Phuc emphasized that Vietnam always … [Read more...] about Vietnam PM holds phone talk with Russian counterpart, focusing on oil cooperation

In an interview granted to the Vietnam News Agency (VNA)'s resident correspondents in Sydney ahead of the Prime Minister's trip from June 3-4, Thanh said the visit takes place at a time when the two countries are celebrating the 50th founding anniversary of the bilateral diplomatic ties and the 5th anniversary of the strategic partnership. This is the second official visit to a Southeast Asian nation by Albanese since he took office, and the third to Vietnam by an Australian Prime Minister, the ambassador said, noting that the trip shows Prime Minister Albanese’s administration attaches importance to Vietnam. Thanh also recalled the visit to Vietnam by Australian Governor-General David Hurley in April, which was his only State-level visit to a Southeast Asian nation, and another trip to Vietnam by Minister for Trade and Tourism Don Farrell in the same month. In June 2022, Minister for Foreign Affairs Penny Wong selected Vietnam as the first ASEAN country to pay an official visit. … [Read more...] about Australian Prime Minister’s Vietnam visit to give impulse to bilateral ties: Ambassador

Crop top is one of the trends loved by celebrities around the world in summer because of its design, which is suitable for hot weather and holidays. The 2018 Miss Vietnam Tran Tieu Vy is just one of many Vietnamese celebs who have embraced crop tops. When Vy went on vacation in early May, she wore an all-white outfit with a crop top, summer suit jacket and shorts. When Vy attended a concert of famous K-pop girlgroup Blackpink in Thailand on May 29, she wore a Y2K outfit with a super short skirt and a purple crop top. Also wearing a Y2K outfit, model Hoang Thuy posed with a darker look with a cropped T-shirt, cargo pants and chunky boots. Influencer Huyen Baby showed off a sexy fit in New York with a purple crop top, shorts and cardigan, all from Balmain. The 2019 Miss World Vietnam Luong Thuy Linh wore a typical summer fit with a baby blue open-waist dress. The 2021 Miss Grand … [Read more...] about Celebs favor crop tops this summer

Illustrative image. (Photo: VNA) Hanoi (VNA) - The World Bank (WB) on May 31 approved a 176-million-USD loan to fund a fisheries project that aims to improve fisheries management, enhance the value of fisheries production , and raise income s for coastal communities in the Philippines. The project is expected to benefit more than 1.5 million fisherfolk, small-to-medium businesses, and residents in coastal communities, the multilateral lender said in a statement. According to the WB, the fisheries sector contributes 1.3% to the Southeast Asian country's gross domestic product. It provides approximately 1.6 million jobs, or around 4% of the labour force, including for low-income families engaged in subsistence fishing. However, the sector has faced challenges, with fish stocks declining by an average of 20% over the past decade due to over-exploitation, destructive fishing methods, habitat degradation, and negative impacts from land-based activities. This … [Read more...] about World Bank approves 176-million-USD fisheries project in Philippines