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Businesses at the ceremony held in HCM City. — Photo courtesy of Vietnam Report Top public companies and those in the banking, insurance, and technology sectors in 2022 were announced by the Vietnam Report JSC and VietNamNet newspaper on Wednesday. The Viet Nam Top 50 Public Companies (VIX50) are led by Vinhomes JSC, Hoa Phat Group JSC, Masan Group JSC, Mobile World Investment Corp, Viet Nam International Commercial Joint Stock Bank (VIB), Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank), Duc Giang Chemicals Group JSC, Viet Nam Technological and Commercial Joint Stock Bank (Techcombank), Military Commercial Joint Stock Bank (MB), and Asia Commercial Joint Stock Bank (ACB). The rankings were compiled based on Vietnam Report’s independent research and assessment of public companies’ financial strength, media reputation, growth potential, sustainability, governance quality, and stature in their sectors. Meanwhile, the Top 10 Banking Reputation Awards were … [Read more...] about Businesses awarded for top reputations

Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. - Prime Minister Pham Minh Chinh on August 3 urged stronger determination, efforts and actions to disburse public investment as part of the Government’s main priorities. Prime Minister Pham Minh Chinh addresses the Government's meeting in Hanoi on August 3. (Photo: VNA) At the Government’s monthly meeting held in Hanoi, the Ministry of Finance reported that nearly 186.85 trillion VND (7.98 billion USD) of investment capital sourced from the state budget had been disbursed as of July 31, equivalent to 34.47% of this year’s target, down slightly from the same period last year. Read full story - Permanent Deputy Prime Minister Pham Binh Minh affirmed that Vietnam attaches importance to locality-to-locality cooperation while receiving Governor of Japan’s Gunma prefecture Yamamoto Ichita in Hanoi on August 3. Read full story - Foreign Minister Bui Thanh Son had meetings … [Read more...] about ☀️ Morning digest August 4

The ceremony jointly held by the Vietnam Report JSC and the VietNamNet newspaper (Photo: https://diendandoanhnghiep.vn) Hanoi (VNA) – Winners of the Top 10 Banking Reputation Awards were honoured at a ceremony jointly held by the Vietnam Report JSC and the VietNamNet newspaper in Hanoi on August 3. The awards were presented to Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Vietnam Prosperity Joint Stock Commercial Bank (VPBank), and Military Commercial Joint Stock Bank (MB). On the list were also Asia Commercial Joint Stock Bank (ACB), Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), Tien Phong Commercial Joint Stock Bank (TPBank), Vietnam International Commercial Joint Stock Bank (VIB), and Vietnam Bank for Agriculture and Rural Development (Agribank). (Photo: … [Read more...] about Top 10 reputable banks of Vietnam honoured

According to the initial information, the reason for accident was started by the driver of a container truck who could not control the speed and crashed into a 4-seater car ahead and continued to collide with a 16-seater passenger coach. The accident caused wrecks and damaged automobiles at the scene; and many people were taken to the hospital. After receiving the information, the functional forces quickly cames to the scene to regulate the traffic; however, until 10 p.m., the traffic situation through the area was still congested. Regarding to the HCMC- Long Thanh- Dau Giay expressway, Sai Gon Giai Phong (SGGP) Newspaper has recently published articles reflecting prolonged traffic jams on the expressway because of non-stop electronic toll collection (ETC) implementation under the direction of the Government. The toll collection work has faced many difficulties because only 70 percent of vehicles are tagged with ETC cards along with system errors. Some photos of the … [Read more...] about Rear-end collision between 9 vehicles on HCMC- Long Thanh- Dau Giay expressway

Parents bump in  difficulties finding textbooks for children The school year 2022-2023 is the first year that textbooks implement the 2018 General Education Program for grades 7 and 10. Publishers have been already in their printing but they spent more time distributing books to bookstores where parents can get them. Therefore, at the training session to implement the 2018 General Education Program for grades 7 and 10, the leader of the Secondary Education Department said that the education sector should facilitate the purchase of textbooks to help parents and students. In less than a month, students of all grades in Ho Chi Minh City will return to school. Currently, parents and students are rushing to buy textbooks, especially for grades 3, 7, and 10 because this is the first year of implementation of the 2018 General Education Program. However, they bumped into difficulties finding textbooks. Disguising being a parent looking to buy textbooks for a seventh grader, the SGGP … [Read more...] about Parents having difficulty finding textbooks for children

Bangladesh is seeking $2 billion from the World Bank and the Asian Development Bank (ADB) amid efforts to bolster its foreign exchange reserves, Bloomberg News reported on Wednesday. Bangladesh's $416 billion economy has been one of the fastest-growing in the world for years, but rising energy and food prices because of the Russia-Ukraine war have inflated its import bill and the current account deficit. The government wrote letters to the two lenders seeking $1 billion each, the report said, citing people familiar with the matter. This comes days after Bangladesh's Daily Star newspaper reported that the country wanted $4.5 billion from the International Monetary Fund (IMF), including for budgetary and balance-of-payment support. Last week, IMF said it would discuss with Bangladesh its loan request. The country's finance ministry, World Bank and ADB did not immediately respond to Reuters requests for comment. Bangladesh's July to May current account deficit was $17.2 … [Read more...] about Bangladesh seeking $2 Billion from World Bank, ADB: Bloomberg News

Many Vietnamese travel agencies have expressed their concerns over slumping revenue after the Czech Republic, Spain, and Germany refused to issue visas to holders of new Vietnamese passports. Nguyen Nguyet Van Khanh, deputy director of Vietravel's marketing department, stated that about 10-20 percent of the customers who book the firm’s tours to Europe are using the new passport form. Travelers often choose countries in the Schengen area, including France, Germany, Luxembourg, Belgium, the Netherlands, and Italy, Khanh elaborated. If customers’ trip includes the Czech Republic, Spain, and Germany and their visas get rejected due to the new passport form, the travel agency needs to adjust the original itinerary, which can be troublesome. Tourists can either choose to exclude these nations from their journeys or travel to other European countries instead, such as Switzerland and France. Regarding tours that must include Germany, Vietravel will only offer them to customers who … [Read more...] about Travel agencies on tenterhooks as 3 European nations stop accepting Vietnam’s new passport

The Seoul Metropolitan Government, in collaboration with the Seoul Tourism Organization, held the My Soul Seoul tourism promotion event in Ho Chi Minh City on Tuesday night at the GEM Center in District 1. The event commemorated 30 years of diplomatic relations between Vietnam and South Korea, attracting thousands of Vietnamese K-pop fans to partake in a range of intriguing activities such as art performances and Korean beauty and fashion programs. South Korean hairstylist Kiu instructs the audience how to create simple but eye-catching hairstyles at the My Soul Seoul event at the GEM Center in District 1, Ho Chi Minh, Vietnam, August 2, 2022. Photo: Hoai Phuong / Tuoi Tre According to Oh Se Hoon, mayor of Seoul, South Korea and Vietnam have marked 2022 as a significant year, offering a possibility for the two countries to strengthen bilateral relations and boost tourism and other industries in the future. “I want to thank the residents of Ho Chi Minh City who … [Read more...] about Korean tourism promotion event attracts thousands of visitors in Ho Chi Minh City

Truong Hai Auto Corporation (THACO), a typical successful firm in Vietnam's automobile sector, has been investing heavily in mechanics and the manufacturing of accessories. THACO leaders shared the firm’s journey to resolve the issue: increasing the localization rate or surrendering to auto imports flooding the local market. They also shared the one-stop model to help other Vietnamese enterprises cooperate to develop, thereby improving the internal power of Vietnam’s industry. THACO chairman Tran Ba Duong said at a meeting with mechanical enterprises that “you have technology and machinery. We will build factories and lease them at low prices.” “If we fail to demonstrate our commitment, you can take your machinery away. “We will not go back on our words. Only actual acts and thoughts will create values." Refreshing itself by enhancing investment Returning to Chu Lai Industrial Park in central Quang Nam Province nearly three years after Tuoi Tre (Youth) newspaper held … [Read more...] about Vietnam’s THACO and philosophy of no surrender

A single mum in the southern province of Ben Tre has received financial support of over VND308 million (USD13,391) from the public to help save her small son from cancer after her story was published on Dantri/Dtinews. Nguyen Thi Han came to Dantri/Dtinews' Ho Chi Minh City office on August 1 to receive VND 280,544,877 from readers that had been sent to the newspaper's charity programme to support her son. On the same day, the Vietnam Study Promotion Fund also gave her VND 28,309,000. Nguyen Thi Han (left) receives VND 280,544,877 on Augusts 1 Receiving the donations, Han sent her sincere thanks to all kind donors for their valuable support to her family. "Many people have called to express their sympathy and sent their best wishes to us," she said. The young mother also shared that her son was getting better while receiving treatment at the hospital. "He has undergone four cycles of chemotherapy and he is gaining weight," she said. "As he is … [Read more...] about Single mum receives public support to save ailing child