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    HÀ NỘI — The Government will provide loans to pay for the repatriation of the bodies of victims found dead last month in a container lorry in Essex, the UK, according to Deputy Foreign Minister Bùi Thanh Sơn. Speaking at the ministry’s press briefing on Thursday, the ministry’s spokesperson Lê Thị Thu Hằng said Vietnamese agencies are working with the UK to complete procedures to repatriate the bodies/ashes of the victims. There is no information from the UK about financial support. According to the ministry, the families of 39 Vietnamese people found dead in a lorry in England last month will have to cover the costs to repatriate their relatives’ remains. Local authorities are asking the families whether they wanted repatriation of the bodies or the ashes brought back. The fee to transport a jar of ashes to Nội Bài Airport from the UK is £1,370, or VNĐ41.1 million. Body … [Read more...] about Gov’t to provide loans for repatriation of UK lorry victims

A delegation of Vietnam stands next to the first train of the line during their visit to the train manufacturing factory in France in October 26. — Photo courtesy of Hanoi Metropolitan Railway Management Board Hanoi (VNS/VNA) - Once ready, the Nhon – Hanoi Station metro line is expected to serve more than 23,000 passengers per hour from 2021. The line is planned to have 10 France-manufactured trains with a capacity of 950 passengers each. The trains are expected to be operated at 35km per hour on average and 80km per hour maximum, the same speed as metros in Paris, Berlin and other Asian cities. Hanoi Metropolitan Railway Management Board said the train was designed to have a wide door, creating more space for passengers, especially passengers with restricted mobility, to get on and off. The colour of the trains is inspired by the colour of Vietnamese dragon fruit and yellow rice field that was warmly applauded by the public following a survey in September 2018, the … [Read more...] about Nhon – Hanoi Station metro line expected to run in 2021

Kang Min Ho, General Director of Lotte Mart Vietnam, and Shin Dong Min, CEO of Shinhan Bank in Viet Nam, at the signing ceremony in HCM City on November 21. — Photo courtesy of Shinhan Bank Shinhan Bank Vietnam Ltd. signed a deal with Lotte Vietnam Shopping Joint Stock Company (Lotte Mart) to launch a co-branded credit card in HCM City on Thursday. Shinhan - Lotte Mart card offers cardholders exclusive Lotte Mart privileges like unlimited points in their membership accounts at a rate of up to 2.5 per cent. Until April 30 next year credit cardholders can get 2.5 per cent cashback for payment at Lotte Mart stores and a 5 per cent discount on Speed L. The card uses contactless payment technology. Speaking at the launch, Kang Min Ho, general director of Lotte Mart Vietnam, said: “Our partnership with Shinhan Bank goes together with the goal of bringing convenient shopping experiences to customers at Lotte Mart.” Shin Dong Min, CEO of Shinhan Bank in Viet Nam, said: … [Read more...] about Shinhan Bank, Lotte Mart launch co-branded card

On the occasion of the Teachers’ Day in Vietnam, Mr. Troy Griffiths, deputy managing director of Savills Vietnam, shares his view on investments in the education sector in this country. Mr. Troy Griffiths, deputy managing director of Savills Vietnam On the occasion of the Teachers’ Day in Vietnam, Mr. Troy Griffiths, deputy managing director of Savills Vietnam, shares his view on investments in the education sector in this country. It has been more than a year since Decree 86 – an important decree for Vietnam education - took effect, how do you assess its impact on local and foreign investment in the industry? Decree 86, which took effect from August 1, 2018, intended to boost the setup of international schools, as there was limited new development in recent years.   Before Decree 86 was issued, foreign investors encountered many difficulties, including the cap on local students of 10% (primary school) and 20% (secondary school). The international … [Read more...] about Foreign funds pour in partnerships in Vietnam education

FPT Techday 2019 was held on Thursday in Hà Nội. — Photo courtesy of FPT HÀ NỘI — The proportion of Vietnamese enterprises that have not adopted digital transformation is about 1.5 times higher than the global average. The biggest problem for businesses was that they did not know where to start the transformation, said Nguyễn Văn Khoa, FPT director general, speaking at the FPT Techday 2019. He said if businesses failed to get moving, they would be left behind. FPT Techday 2019 under the theme “Smart Start” was held on Thursday in Hà Nội. The event attracted more than 3,000 attendees, including 500 senior leaders of large enterprises and banks, and technology experts. Digital transformation had no other purpose than to help businesses change, increase their competitiveness and promote development, said Hoàng Việt Anh, FPT deputy director general. “In order to effectively … [Read more...] about Việt Nam needs to push digital transformation