Vietnam would be in the grip of bad debts if the country does not have a professional debt trading market, according to insiders.VAMC, a state-owned buyer of bad debts.Chief Economist at BIDV Can Van Luc, it is necessary to set up a debt trading market to engage more investors, both domestic and foreign players, who will speed up settlement of bad debts, thus contributing to the development of Vietnamese financial market, comprising bond and capital markets.Financial institutions should stay prudent with restructured debts … [Read more...] about Professional debt trading market needed: experts
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Vietnam News Agency joins int’l photojournalism exhibition on COVID-19
Seoul (VNA) – The Vietnam News Agency (VNA) is joining 46 news agencies worldwide at an international photojournalism exhibition on COVID-19, which opened at the National Museum of Korean Contemporary History in Seoul on November 24. The exhibition is displaying 120 photos selected from 610 entries submitted. As part of the event, 3,000 photo books on the topic, each having 250 pages, will be given away to visitors. The VNA brought to the exhibition a collection of photos taken by reporter Le Minh Son from the agency’s multi-language online newspaper VietnamPlus. The photos captured military personnel and police on duty at a pedestrian area in Hanoi in a bid to prevent the spreading of the COVID-19 disease. The area was once popular among foreign tourists to the Vietnamese capital, but is now deserted due to the pandemic. … [Read more...] about Vietnam News Agency joins int’l photojournalism exhibition on COVID-19
Nearly 360 Vietnamese citizens brought home from US
Hanoi (VNA) – Nearly 360 Vietnamese citizens in the US were flown home aboard a Vietnam Airlines flight on November 22-23. The passengers included children under 18, the elderly, people with illnesses, students without accommodation, and others in extremely disadvantaged circumstances. The Vietnamese Embassy in the country sent staff to the airport to assist the passengers with boarding procedures. In-flight safety and preventive measures against the COVID-19 pandemic were rigorously enforced to protect the passengers’ health and prevent the spread of the disease. Upon arrival at the Da Nang International Airport in the central city of the same name, all passengers and crew members received medical check-ups and were sent to quarantine in line with regulations. The repatriation of Vietnamese citizens in disadvantaged circumstances abroad will continue to be conducted in line with their wishes, the developments of the COVID-19 pandemic, and quarantine capacity in … [Read more...] about Nearly 360 Vietnamese citizens brought home from US
Co Tu traditional culture programme celebrates Da Nang Heritage Day
Da Nang (VNS/VNA) - Artists and craftspeople from the Co Tu group in Da Nang on November 23 showed off ancient trade and arts as well as cuisine at the city’s museum to mark the Da Nang Culture Heritage Day. It was an outdoor culture experience and exhibition for visitors and artists to explore the old trade and lifestyle of the Co Tu ethnic community living in the rural mountainous area of Da Nang. A Lang Doi, a Co Tu sculptor introduced ancient wood carving at the event, while other artists displayed brocade weaving. For Co Tu people, wooden sculptures were used to decorate timber columns, exterior and interior decorations on houses that were preserved a few hundred years ago. Co Tu dancers from Ta Lang and Gian Bi communes played traditional culture (dance and gong) and make sticky rice cakes at the event. Nearly 1,000 Co Tu people are living in Ta Lang and Gian Bi villages in Hoa Bac commune – 40km from Da … [Read more...] about Co Tu traditional culture programme celebrates Da Nang Heritage Day
Vietnam Int’l Fashion Week to open in HCM City next month
HCM City (VNS/VNA) - Seventeen designers and brands will present their latest designs at the 2020 Aquafina Vietnam International Fashion Week (AVIFW) in HCM City from December 3 to 6. It will feature around 1,000 designs for adults and children made from silk, organza, lace, and velvet and will include hand-embroidered patterns. Le Thi Quynh Trang, president of AVIFW and Council of ASEAN Fashion Designers (CAFD), said at the event’s recent press conference in HCM City that while the world’s leading fashion weeks like Paris, Milan and New York have been postponed or organised virtually, AVIFW is able to be held due to proper control of COVID-19 in Vietnam. “With the theme The Future is Now, VAIFW is a golden opportunity to prove and elevate the status of Vietnam fashion in the global fashion industry, he said. “The Vietnam fashion industry has achieved success for years. AVIFW has become the leading fashion event in Southeast Asia and fourth biggest … [Read more...] about Vietnam Int’l Fashion Week to open in HCM City next month
