Starting the match with confidence, Diamond Food Fine Chef - Air Force won two consecutive sets with the scores of 25-21, 25-17. It seemed like the game would end soon, but the resilient spirit of the Vietnam Women's Volleyball Team changed the situation as they won the next two sets with the scores of 25-20, 25-22 to tie the match 2-2. In the deciding fifth set, the Vietnam Women's Volleyball Team played brilliantly, winning 15-10, thus winning the championship 3-2. This is the first time a representative of Vietnam's volleyball has won a championship at the Asian level. Translated by Chung Anh … [Read more...] about Vietnamese team wins 2023 Asian Women’s Club Volleyball Championship
Winning streak 2019
Sacombank wins award for treasury, working capital excellence
Le Quang Vinh, deputy director of Sacombank’s capital resources and foreign exchange division, receives The Asset Triple A Treasurise award in the “Best in Treasury and Working Capital (SMEs)” category for Viet Nam. — Photo courtesy of the bank Sacombank has won the 2023 The Asset Triple A Treasurise award given by Hong Kong magazine The Asset in the “Best in Treasury and Working Capital (SMEs)” category for Viet Nam. It is for a second year in a row that Sacombank is winning this award by meeting all criteria in terms of business performance, customer support solutions and customer reviews. Sacombank’s strengths include abundant foreign currency liquidity, multi-currency payment capability along with an extensive transaction network in Viet Nam, Laos and Cambodia and a modern, safe and secure technology platform. It thus meets all customers’ trading needs in spot, forward, swap, and options transactions in a timely manner and at competitive rates and with flexibility and … [Read more...] about Sacombank wins award for treasury, working capital excellence
Viettel wins most awards at IT World Awards 2023
Viettel won 37/261 awards at the 2023 IT World Awards .(Photo: VNA) Hanoi (VNS/VNA) – The Viettel Military Industry and Telecoms Group (Viettel) has announced that it has become the enterprise with the most awards at the 2023 IT World Awards. Viettel won 37/261 awards with 23 Gold prizes, four Silver prizes and 10 Bronze prizes. The percentage of the Gold prizes achieved increased by 10% compared to the previous year and increased 23 times compared to the first time it participated in 2016 thanks to its "Made by Viettel" innovative solutions which were highly-appreciated from the council of more than 600 information technology experts in the world. In particular, many Viettel products and services won the "hat-trick" of the Gold award in categories this year such as Viettel Post's NOC technical indicator monitoring system in three categories of information technology solutions, the most innovative information technology service and vehicle management system. The IT … [Read more...] about Viettel wins most awards at IT World Awards 2023
PM calls for early finalisation of Comprehensive Economic Partnership Agreement with UAE
PM Pham Minh Chinh (R) and UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi at the meeting in Hanoi on June 5. (Photo: VNA) Hanoi (VNA) - Prime Minister Pham Minh Chinh received Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi of the United Arab Emirates (UAE) in Hanoi on June 5, calling on the UAE to work closely with the Vietnamese Ministry of Industry and Trade to soon finalise talks on the bilateral Comprehensive Economic Partnership Agreement (CEPA). The host leader hailed the two sides’ efforts to promote negotiations on the CEPA, especially when the two countries are celebrating the 30th founding anniversary of bilateral diplomatic relations in 2023. He affirmed Vietnam’s consistent foreign policy of independence, self-reliance, diversification and multilateralisation of external relations, and being a good friend, trustworthy partner, and responsible member of the international community. The country is also working to develop an … [Read more...] about PM calls for early finalisation of Comprehensive Economic Partnership Agreement with UAE
Danang hosts international Fireworks Festival
Danang hosts international Fireworks Festival Finnish fireworks team Joho Pyro Professional Fireworks were the champions of DIFF 2019. At this year’s event, they hope to bring several elements, including catchy and joyful music such as the song “Circle of Life” from the Lion King soundtrack. The Danang team from Vietnam will tell a story of peace and friendship, divided into three parts. The first part is a combination of music and colours and lights to awaken the audience’s emotions. The second part will use vibrant music combined with fireworks effects, expressing Danang people’s ability to overcome the pandemic. The final part will combine epic, explosive modern music, conveying a wish for the world to have peace, stability, and happiness. The opening night of DIFF 2023 sees artists such as Ho Ngoc Ha, Tung Duong, and beloved young singers such as Lam Bao Ngoc and Anh Tu take part. It was set to be a colourful music and dance party that was impressively choreographed. … [Read more...] about Danang hosts international Fireworks Festival
ASEAN Para Games 12: Vietnam ranks second after first competition day
Weightlifter Dang Thi Linh Phuong (centre) at the 12th ASEAN Para Games . (Photo: VNA) Phnom Penh (VNA) – Vietnam bagged 15 gold medals, ranking second in the tally after Indonesia (23 golds) as of 20:30 on June 4 - the first official competition day of the 12th ASEAN Para Games that is taking place in Cambodia. Notably, Vietnamese weightlifters and swimmers won many gold medals on the day. Dang Thi Linh Phuong won two gold medals in the women's under-50kg weightlifting , Le Van Con g bagged two golds in the men’s under-49kg, and Nguyen Binh An got two golds in the men’s under-54kg. Le Van Cong receives a gold medal in the men’s under-49kg. (Photo: VNA) Vo Huynh Anh Khoa brought home a gold medal as he came first in the 400m men’s freestyle swimming event, clocking 5 minutes and 20.94 seconds. Meanwhile, Vi Thi Hang set a new Southeast Asian record of 6 minutes and 57.95 seconds in the 400m women’s freestyle swimming event. The old record was 9 minutes and … [Read more...] about ASEAN Para Games 12: Vietnam ranks second after first competition day
Transformative travel experiences at Banyan Tree Lang Co
Transformative travel experiences at Banyan Tree Lang Co This year, celebrating its 10-year milestone, Banyan Tree Lang Co unveils new travel experiences, from finding new perspectives of travel through the innovative biodiversity programme, and discovering the finest Thai cuisine at the award-winning Saffron restaurant, to offering a brand new villa: the three-bedroom Seaview Pool Villa. Perched on the Truong Son mountain range, the newly launched villa brings unparalleled luxury to Central Vietnam, offering a spacious heated infinity pool, three bedrooms with floor-to-ceiling sliding glass, and an exquisite private living space featuring an artful interior design inspired by Vietnamese traditions. As a part of the “Stay For Good” initiative of Banyan Tree Group, the new on-site biodiversity initiative inspires and motivates guests to immerse themselves in the natural beauty at Banyan Tree Lang Co, featuring a transformative bird watching experience and the innovative Bird … [Read more...] about Transformative travel experiences at Banyan Tree Lang Co
Vietnam’s Top 10 international tourist markets
In the first five months of the year, Vietnam welcomed nearly 4.6 million international visitors, 13 times the amount on-year and equal to 63 per cent compared to 2019. The ten largest markets were South Korea, Mainland China, the US, Taiwan, Japan, Thailand, Malaysia, Cambodia, Australia, and Singapore, providing a combined total of 3.3 million arrivals, accounting for 71 per cent of the total number of visitors. Before 2019, China was Vietnam's largest international tourist market, accounting for about 30 per cent of the total number of visitors. That year, Vietnam welcomed 18 million international visitors, of which China contributed 5.8 million, followed by visitors from Russia, the UK, and France. After the Covid-19 pandemic, South Korea has since risen to be the largest tourist market with 1.3 million arrivals, followed by China in second. Several European markets have also dropped out of the top ten, replaced by the likes of Cambodia and Singapore. According to … [Read more...] about Vietnam’s Top 10 international tourist markets
Vietcombank permitted to raise capital to $2.3 billion
Transactions at Vietcombank. — Photo courtesy of the bank The State Bank of Viet Nam (SBV) just allowed Vietcombank to raise its charter capital from VND47 trillion (US$2 billion) to VND55 trillion ($2.3 billion) by issuing shares to pay dividends from the remaining profits of 2019 and 2020. Previously, the bank’s 2022 Annual General Meeting of Shareholders approved the issuance of 856.5 million dividend stocks at a rate of 18.1 per cent. Once the issuance is completed, its charter capital will increase by nearly VND8.6 trillion to more than VND55.89 trillion, thereby surpassing Vietinbank and BIDV to become the second largest bank, after VPbank. Vietcombank said that the mobilised capital will be spent on expanding the business scale to meet the economy’s requirements, and investing in improving management and operation plans. The bank also plans to issue a maximum of nearly 2.8 billion shares to pay dividends from the remaining profit of 2021 and the remaining profit … [Read more...] about Vietcombank permitted to raise capital to $2.3 billion
Global airlines more than double 2023 profit outlook
"The pandemic years are behind us and borders are open as normal," Willie Walsh, head of the International Air Transport Association (IATA), told IATA's annual summit of some 300 carriers. IATA boosted its industry profit forecast to $9.8 billion from $4.7 billion cheered by strong travel demand and an easing in oil prices. Revenue is expected to grow by 9.7% to $803 billion, inching closer to 2019's pre-pandemic level of $838 billion. But slender profit margins of 1.2% mean repairing damaged balance sheets and offering sustainable returns on investments will continue to be a headache for some airlines, Walsh said. He said airlines on average make $2.25 per passenger, "which is less than the price of a cup of coffee, a subway ticket". The profit forecast, raised from one given in December, reflected a boost in Europe, despite a wave of strikes. Airlines have in recent months reported strong results as they prepare for a busy summer season, with travel demand … [Read more...] about Global airlines more than double 2023 profit outlook