Vietnam dong news

The capital market, digitalization, energy transition, climate change, and strategic infrastructure are key potential fields for Warburg Pincus to focus on in Vietnam. Vietnam’s business environment and macroeconomic conditions have become more stable and favorable for foreign investors, said CEO of global private equity firm Warburg Pincus Charles Kaye at a meeting with Prime Minister Pham Minh Chinh on May 15. Prime Minister Pham Minh Chinh and CEO of global private equity firm Warburg Pincus Charles Kaye. Source: VGP Kaye said investors are concerned about the four major issues, including the capabilities of local companies, macro-economic stability, infrastructure, and the authorities' responsiveness. In this regard, Kaye said Vietnam could do more in infrastructure development as one of the measures to improve the business environment. The CEO also revealed a plan to expand the equity firm investment portfolio in Vietnam’s real estate market and … [Read more...] about Vietnam’s business environment favorable for foreign investors: Warburg Pincus

Visitors at the last edition of the Vietnam International Premium Products Fair. This year the fair will be held from June 2 to 5 at the Saigon Exhibition and Convention Centre. — Photo courtesy of Coex Vietnam HCM CITY — The Việt Nam International Premium Products Fair will be held again in HCM City after being delayed due to the COVID-19 pandemic. VIPREMIUM 2022 returns from June 2 to 5 with a mission of connecting domestic and foreign businesses in the beauty - fashion, premium food and beverages, gift and houseware, smart devices, healthy and eco-friendly items, stationery, and office items industries, according to the organisers. To be held at the Saigon Exhibition and Convention Centre, the fair will have 350 booths set up by 250 companies, and is expected to welcome 10,000 buyers and visitors. Among its highlights will be the Korea Sourcing Fair with brands from across Korea and premium consumer products. Seminars will be hosted on the sidelines by experts on various … [Read more...] about Vietnam International Premium Products Fair attracts over 250 exhibitors

The number of new Covid-19 infections continued to drop with 1,594 cases recorded on Sunday, down 301 cases from the previous day, according to the Ministry of Health. According to the ministry's report, most of the new patients are locally-transmitted cases confirmed in 53 out of 63 localities in the country with some localities seeing the highest numbers including Hanoi (461), Quang Ninh (88), Nghe An (80), and Yen Bai 80. As of Sunday evening, the number of Covid-19 patients in Vietnam has increased to over 10.70 million. The country now stands 12th among 227 countries and territories worldwide in the number of infections. On May 15, an additional 5,448 more patients recovered from the disease, raising the number of recoveries in the country to over 9.35 million. On Sunday evening, no death related to Covid-19 was announced, total fatalities stayed at 43,065. By May 14, the country had injected nearly 217 million doses of Covid-19 vaccines, including over 2.50 million … [Read more...] about Vietnam continues seeing falling daily Covid-19 infections, no death

Editor’s note: Valentin Constantinescu wrote to Tuoi Tre News to share his thoughts on his own wedding following our series on things that often ‘shock’ foreigners when it comes to traditional Vietnamese weddings. The Romanian man has lived in Vietnam since 2004 and married his Vietnamese wife in 2018. This piece has been titled, subtitled, and edited by Tuoi Tre News for clarity, consistency, and coherence. Long story short, I met my wife in 2016 in Hanoi. About six months into our relationship, we realized we would be with each other forever. In August 2018, we decided to sign the papers to be legally married in Vietnam. We moved to Ho Chi Minh City shortly after and planned to hold our actual wedding ceremony on September 17, 2021. 17th of September is our anniversary – it’s the day she agreed to be my girlfriend. She chose the year 2021 because it looks cool – 20 and 21 are consecutive numbers. Unfortunately, COVID-19 completely ruined our plans – we lost a … [Read more...] about ‘Weddings in Vietnam seem very aloof to me’

AFD Executive Director Philippe Orliange (left) has recently paid a working visit to Vietnam. (Photo: VNA) Hanoi (VNA) – Responding to climate change, reducing greenhouse gas emissions and adapting to climate change impacts are among priorities of the French Development Agency (AFD)’s cooperation priorities in Vietnam, AFD Executive Director Philippe Orliange has affirmed. Such cooperation priorities completely match commitments made by Vietnamese Prime Minister Pham Minh Chinh at the 26th United Nations Climate Change Conference of the Parties ( COP26 ) in Glasgow, Scotland (the UK), last November, Orliange said in an interview with the press. The AFD Executive Director, who has recently paid a working visit to Vietnam, also lauded the Vietnamese government’s strong commitments at COP26. Under the cooperation strategy, the AFD has promoted in-depth discussions with Vietnam’s government agencies on policies regarding climate change impacts, during which … [Read more...] about Climate change response among AFD’s cooperation priorities in Vietnam

Featured Bangkok, Hanoi, Jakarta (GMT+7) Oldest Latest Has news updated 90'+3 Time's up Vietnam won 2-0 against Timor Leste and secured a place in the semifinals and the top spot of group A with 10 points. 90' Three minutes are added to the second half. 87' Keeper Nguyen Van Toan saved a shot from Timor Leste forward. 82' Hung Dung dribbled down the left flank and passed it to Thanh Minh to score, but he was offside. 78' Vietnam put Nguyen Tien Linh in for Ly Cong Hoang Anh as the fourth substitution. 73' Third substitution for Vietnam as Huynh Cong Den left and captain Do Hung Dung came in. 68' Van Tung got another chance to shoot but it lacked power and couldn't beat keeper Junildo. 65' Vietnam scored the second It's another header goal for Vietnam and it's another assist … [Read more...] about Vietnam enter SEA Games 31 semifinals after Timor Leste win

Vietnam are ranking first in Group A of men’s football at the 31st Southeast Asian (SEA) Games after defeating Timor Leste 2-0 in their last group-stage match in northern Phu Tho Province on Sunday evening. As Vietnam had already secured a spot in the semifinals, coach Park Hang Seo decided to deploy his reserve line-up in this game. Despite having the advantage over Timor Leste, the Golden Stars were unable to net any goal in the first half. Nguyen Van Tung opened the scoring for Vietnam in the 53rd minute with an accurate header following a pass from Le Van Do. Timor Leste boosted their offensive and were able to strike Vietnam’s net in the 56th minute, but the goal was disallowed for offside. Vietnam were given a corner kick in the 65th minute, allowing Ho Thanh Minh to widen the gap for the Golden Stars with another header. No more goals were scored in the remaining time of the match. The 2-0 victory helped Vietnam become the leaders of Group A with 10 points, … [Read more...] about Vietnam defeat Timor Leste to advance to SEA Games men’s football semis as group leaders

Warburg Pincus is relishing its opportunities in Vietnam as the economy grows and capital markets develop, said Jeffrey Perlman, Southeast Asia chief of the private equity firm to Reuters. "It's a market that we think there's a lot of opportunity in," quoted Perlman in an interview with Reuters on March 22. "Four, five years ago, even in Vietnam there wasn't an understanding of what was private equity and what it will do to businesses." Warburg Pincus is relishing its opportunities in Vietnam. Vietnam's emergence as a large manufacturing destination next to China helped the Southeast Asian nation's economy grow at 6.8% last year, the strongest since 2010, Reuters reported.The growth is rapidly building up a huge middle class that is boosting consumer spending in a country of about 100 million. Its stock index VNI has risen 20% this year, the best performance in Southeast Asia, after surging by 50% last year. Perlman said the growth in Vietnam's capital … [Read more...] about Warburg Pincus: “Vietnam a big draw for global investor”

Vietnamese athletes amassed 29 more gold medals on Sunday, bringing their 31st Southeast Asian (SEA) Games gold tally to 66, helping the hosts stay atop the medal table by the end of the competition day. The gold medals came from duathlon, wushu, standard chess, blitz chess, dancesport, track and field, gymnastics, swimming, bodybuilding, pétanque, jiu-jitsu, fencing, and e-sport. Notably, wushu - a hard and soft and complete martial art - contributed seven golds, while dancesport and track and field bagged five each. At the time of writing on Monday, Vietnam’s medal count has included 66 golds, 46 silvers, and 43 bronzes, which is the leading achievement compared to other sport delegations, according to statistics on the 31st SEA Games’ official website. Thailand followed behind with 27 golds, 24 silvers, and 42 bronzes, while the Philippines jumped to third place with 20 golds, 27 silvers, and 37 bronzes. Indonesia fell to No. 4 and Malaysia ranked fifth, while Singapore, … [Read more...] about Vietnam continues topping medal table at SEA Games with 66 gold medals

President Katerina Sakellaropoulou and a high-ranking delegation of Greece arrived in Hanoi on May 15 afternoon. (Photo: VNA) Hanoi (VNA) - Greek President Katerina Sakellaropoulou and a high-ranking delegation of Greece arrived in Hanoi on May 15 afternoon, beginning their four-day official visit to Vietnam at the invitation of President Nguyen Xuan Phuc. Present at the welcome ceremony for the Greek President and her entourage at Noi Bai International Airport were Head of the Presidential Office Le Khanh Hai, Vietnamese Ambassador to Greece Le Hong Truong, Deputy Minister of Foreign Affairs Pham Quang Hieu, and other representatives from the Vietnamese Ministry of Foreihn Affairs and the Greek Embassy in Hanoi. During her stay in Vietnam, President Sakellaropoulou is scheduled to pay tribute to late President Ho Chi Minh at his mausoleum and fallen soldiers at Heroic Martyrs’ Monument in Hanoi. She will hold talks with President Nguyen Xuan Phuc , pay a courtesy … [Read more...] about Greek President arrives in Hanoi for official visit to Vietnam