Vietnamese diplomats wish footballers the best ahead semifinalsA delegation of the Vietnamese Embassy and Vietnam’s Mission to ASEAN visited Olympic Vietnam footballers and coaching staff in Jakarta, Indonesia, on August 28 to congratulate the team on its victory and give them the best wishes for the upcoming semifinals. Ambassador to Indonesia Pham Vinh Quang and head of Vietnam’s Permanent Mission to ASEAN Tran Duc Binh (both in black, centre) pose for a photo with the Olympic Vietnam football team. The entire nation and the Vietnamese community in Indonesia give full support to the team, he said. According to Duong Vu Lam, head of the national sport delegation to ASIAD 2018, the recovery of Vietnamese footballers is quite challenging. This is the first time Vietnam has entered the semifinals of an ASIAD.–VNA
August 29, 2018 05:15 UTC
VN Central Bank needs to speed up bad debt resolutionThe State Bank of Viet Nam (SBV) needed to speed up the resolution of non-performing loans (NPLs) to bring down the bad debt ratio of the entire banking system – including both NPLs owned by credit institutions and the Viet Nam Asset Management Company - to below 3 per cent by 2020. According to Du, thanks to the regulations, measures to settle bad debts and prevent new ones from arising had been taken synchronously, contributing significantly to improving the quality of loans and reduce the bad debt ratio in the CI system. Despite initial positive results, the central bank has identified shortcomings during the process of resolving bad debts. This resulted in a misunderstanding of collateral between presiding agencies, making it difficult to deal with collateral under Resolution 42. In addition, industry insiders also said that settling NPLs had been easier since the application of Resolution 42, but detailed guidance was still needed.
E-commerce helps SMEs boost online exportsVietNamNet Bridge - Vietnamese SMEs are using e-commerce to export products at reasonable costs. E-commerce helps SMEs boost exportsAfter a month of exchanging information via Alibaba, Vegetexco 1 has exported a consignment of cucumbers to a client in Estonia. On Alibaba.com, about 1,000 Vietnamese enterprises pay fees of between VND30 million and VND135 million a year to obtain Gold Supplier membership. However, analysts commented that many Vietnamese enterprises still cannot take full advantage of all the features offered on Alibaba.com or Amazon.com. Prestigious e-commerce websites all have a market data analyzing system.
Overseas Vietnamese artist nurtures love for Hanoi through sketchesVietNamNet Bridge – For painter Etcetera Nguyen, Hanoi is like a lively painting that brings endless inspiration to artists. Nguyen began finding information about late painter Bui Xuan Phai because he really enjoyed his paintings of Hanoi. “Phai’s sketches are an integral part of the Hanoi culture,” Nguyen said. Seeking inspiration: Painter Etcetera Nguyen wandering in Hanoi to paint. I’m sure that overseas Vietnamese will be also interested in the video clips that I have recorded and posted on the Vietweekly.com.
HCM City to cut greenhouse gas emissionsHCM City needs to improve energy efficiency and collaborate with international organisations to become a low-carbon and sustainable city, experts told a meeting held in the city on Tuesday. HCM City has implemented many renewable-energy measures, including solar power, in an effort to reduce greenhouse gas emissions. Greenhouse-gas projectThe meeting reviewed the HCM City component of JICA’s project on mitigation actions and the measurement, reporting and verification of greenhouse gas emissions. Under the greenhouse-gas emission scenario, Viet Nam is expected to emit 400 million tonnes of carbon dioxide by 2018, 500 million tonnes by 2020, 600 million tonnes by 2025, and 800 million tonnes by 2030, according to MONRE. The ministry has submitted a decree on greenhouse gas emissions to Prime Minister Nguyen Xuan Phuc for approval this year.
August 29, 2018 04:52 UTC
ASIAD 2018: Medal opportunities for Vietnam on August 29Vietnamese athletes are set to compete in the final round of events on August 29 at the ongoing Asian Games 2018 (ASIAD) in Indonesia. Vietnamese Pencak Silat athletes will compete in eight categories at ASIAD 2018 on August 29Pencak Silat athletes compete in eight categories, including five combats and three performances, while others join in four Judo events and two Kurash events. Meanwhile in athletics, Quach Thi Lan and Duong Thi Viet Anh vie for medals in women’s 200m race and women’s high jump, respectively. Vietnam is in the 20th place in the ASIAD 2018 medal tally. As of 22pm of August 28, Vietnam won two gold, 11 silver and 13 bronze medals.
August 29, 2018 04:52 UTC
Cai luong fest opensVietNamNet Bridge – The National Cai Luong (reformed opera) Festival 2018 will open on Wednesday in Long An Province. Directed by Meritorious Artist Hoa Ha, the play will be offered in a new version to celebrate 100 years of cai luong. Nga’s life and loves appear in many paintings, novels and plays of cheo (traditional opera) and cai luong. Festival organisers said theatres were using music troupes to perform live on stage instead of playing recorded music, which is the norm in cai luong. It will open at Long An Cai Luong Theatre on September 5 and close on September 19.
Ba Ria – Vung Tau Province’s Sea Festival kicks offVietNamNet Bridge – The Ba Ria – Vung Tau Province Sea Festival kicked off on Tuesday nightlast night at Vung Tau City. Taking off: The Ba Ria – Vung Tau Province Sea Festival, with 17 activities, will provide solutions to turn tourism into the province’s key economic sector by 2020. — VNA/VNS Photo Doan Manh DuongThe festival, themed ‘Ba Ria – Vung Tau, Khat Vong Tinh Yeu va Bien Ca’ (Ba Ria – Vung Tau, Aspiration for Love and Sea), is the province’s way of celebrating the country’s 73rd National Day on September 2. The festival is also an important event to introduce the province’s achievements in tourism and sea economy, and seek cooperation with domestic and foreign investors,” said Trinh. The fair will also showcase products and promote cooperation between businesses in industry, agriculture, trade and services in the province and neighbouring provinces.
Watercolour painting exhibition celebrates National DayVietNamNet Bridge – A new exhibition of 78 thuy mac (ink and wash) watercolour paintings by 40 Chinese-Vietnamese artists has opened at the HCM City Fine Arts Association. Paintings by masters of thuy mac (ink and wash) can be seen at a show at the HCM City Fine Arts Association, celebrating the 73rd anniversary of National Day. (Photo courtesy of the organiser)The event is part of the association’s activities to celebrate the 73rd anniversary of National Day on September 2. He works for several art schools in the city and in southern provinces, and is chairman of the Fine Arts Cub of Chinese-Vietnamese Artists and a member of the Viet Nam Fine Arts Association. Sisterhoood in the mountains, by Truong LoThe show was organised by the association and the Fine Arts Club of Chinese-Vietnamese Artists.
Vacationers seek beach escape for holiday weekendVietNamNet Bridge – Beach trips are the favoured destinations for the upcoming National Day holiday on September 2, according to travel firms. Float away: Visitors at Pham Van Dong beach in Da Nang City. - VNA/VNS Photo Tran Le LamTravel firms have reported an increasing number of tour bookings for the three-day holiday weekend, which starts September 1. Overseas tours to Japan, South Korea and Taiwan are popular choices for the holiday, she said. A representative of Vietravel’s marketing and communication department said that one- to three-day tours were mostly chosen for the upcoming holiday.
August 27, 2018 10:07 UTC
Locals spend billions on realty abroadVietnamese buyers spent US$3 billion on homes in the US between April 2016 and March 2017, showing the interest of Vietnamese people in this segment, but also raising the question of how such large amounts of money could be transferred abroad. According to her, a deal to buy property abroad is seen as an investment abroad and thus regulated by the Law on Investment, under which companies and individuals are permitted to set up an investment abroad. Despite the foreseen risks of buying homes abroad, many Vietnamese people are still paying millions of dollars to buy homes in their dream countries such as the UK and UK. Not only the US, but also properties in the region, including Thailand, are attracting rich Vietnamese home buyers. “The demand for homes in Vietnam is increasing, because the country now boasts the fastest-growing ultra-rich population in the world.
August 27, 2018 10:07 UTC
Vietnam’s tourism needs more high-quality workforceVietNamNet Bridge - The tourism and hotel industry is experiencing golden days with a boom in the number of foreign and domestic travelers, while the demand for workers meeting international standards is increasing rapidly. The tourism industry is experiencing golden daysAccording to the chair of the Vietnam Tourism Association Nguyen Huu Tho, there were 1 million direct workers in the tourism industry in 2016. Hundreds of hotels in Phu Quoc are seeking workers in large quantities, but they cannot recruit workers on the spot. With the predicted growth rate of 25-35 percent per annum, Vietnam would need 2 million high-quality workers for tourism. The productivity of Vietnam’s tourism and hotel sector is just equal to one-fifth of Singapore’s, one-tenth of Japan’s and one-fifth of Malaysia’s.
August 27, 2018 09:00 UTC
Cat Linh – Ha Dong elevated train to test run in SeptemberVietNamNet Bridge – Hanoi’s Cat Linh – Ha Dong elevated railway is set to launch after a testing phase lasting between three to six months. The Cat Linh - Ha Dong elevated train undergoes a trial through Hoang Cau Bridge in Dong Da Disstrict. — VNA/VNS Photo Huy HungThe trial will commence on September 20, deputy director of the Ministry of Transport’s Railway Project Management Board Vu Hong Phuong told the project review meeting on Thursday. “Considering similar urban railway projects around the world, the trial period normally lasts from three to six months,” he said. Connecting Dong Da District’s Cat Linh Street with Ha Dong District’s Yen Nghia bus station, the 13km-long elevated railway includes 12 stations and a depot at Phu Luong Ward in Ha Dong District.
August 27, 2018 08:48 UTC
Lan goes for gold in 400m hurdles in ASIADVietNamNet Bridge – Vietnamese athlete Quach Thi Lan made it into the final round of the women’s 400m hurdles after reaching the finish line in second place at Asian Games (ASIAD) in Indonesia on Sunday. Quach Thi Lan (R) made it to the final round of women’s 400m hurdles. With this victory, Adekoya broke this year’s ASIAD record, while Lan broke the national record. Lan will compete for gold medal with Adekoya in the final round, which will be held today. In the men’s 400m hurdles, Lan’s older brother, Quach Cong Lich qualified to the semi-final because there were so few athletes competing in the qualification round.
August 27, 2018 08:37 UTC
French fighters land for a three-day visitThree Rafale B fighter jets, one A400M troop transporter, a C135 refuelling tanker and a A310 plane landed in Vietnam on Monday morning on a three-day French Air Force visit. Six aircraft from French Air Force land in Vietnam on August 27Speaking at a press meeting held on August 27 on the visit, French Deputy Ambassador to Vietnam, Olivier Sigaud said this was the first visit by the French Air Force in 60 years and showed the dynamic development in Franco-Vietnamese co-operation in many fields including defence. And the current visit was following that agreement, Sigaud noted. The visit by the French Air Force will last until August 29, during their Mission Pegase in Asia. "The French Air Force had been involved in drills in Australia and will visit several Asian countries before heading back to the United Arab Emirates," General Patrick Charaix said.
August 27, 2018 08:37 UTC