Vietnam war draft deferments

The  headquarters of the State Bank of Việt Nam (SBV) in Hà Nội. The SBV said the process of restructuring the system of credit institutions and handling the bad debt is being accelerated. VNA/VNS Photo Lê Phú HÀ NỘI — The State Bank of Vietnam (SBV) expects new draft regulations on debt purchase and sale of credit institutions will prevent the institutions from hiding bad debts. The regulations are drafted in a new circular, which will revise Circular No. 09/2015 on debt purchase and sale of credit institutions. The draft circular is to be made public for comments. Besides preventing institutions from hiding bad debts, the SBV believes the revision of Circular No. 09/2015 is necessary as credit institutions reported they faced some difficulties in implementing debt trading according to Circular No. 09/2015 due to a lack of specific guidelines to handle financial issues, debt valuation and exchange rate differences in case the debt purchaser is a credit institution. …

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Vietnamese Ambassador to Hungary Nguyen Thi Bich Thao (standing, in red dress) addresses the event (Photo: VNA) Prague (VNA) – An exchange was held in the Hungarian eastern city of Hajdúszoboszló from 15-17 as a tribute to former Hungarian officials who joined the international mission supervising the implementation of the Paris Agreement on ending the war in Vietnam in the 1973-1975 period. The event saw the presence of President of the Hungary-Vietnam Friendship Association Dr. Botz László, a former senior military officer of Hungary, and more than 50 members of the association, as well as Vietnamese Ambassador to Hungary Nguyen Thi Bich Thao, President of the Vietnamese Association in Hungary Vu Quy Duong and representatives from the Vietnamese community in the European country. Addressing the event, Dr. Botz László recalled his memory as a member of the Hungarian mission supervising the agreement, underlining that during his time in Vietnam, he was impressed at the …

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The event saw the presence of President of the Hungary - Vietnam Friendship Association Dr. Botz László, a former senior military officer of Hungary, and more than 50 members of the association, as well as Vietnamese Ambassador to Hungary Nguyen Thi Bich Thao, President of the Vietnamese Association in Hungary Vu Quy Duong and representatives from the Vietnamese community in the European country. Addressing the event, Dr. Botz László recalled his memory as a member of the Hungarian mission supervising the agreement, underlining that during his time in Vietnam, he was impressed at the resilience and heroic spirit of the Vietnamese people and support from international friends to Vietnam. With his love for Vietnam, after concluding his mission, he and his fellow officers formed the Hungary - Vietnam Friendship Association at a hope to help younger generations get deeper understanding of the land and people of Vietnam as well as the traditional friendship between the two countries. …

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A resident lives in a small alley in Hoàn Kiếm District's Hàng Gà Street. — Photo dantri.com.vn HÀ NỘI — Việt Nam’s residential area per capita is expected to reach about 27sq.m by 2025 and to surge to 30sq.m by 2030, according to the draft national housing development strategy. The National Housing Development Strategy for the 2021-2030 period sets the goal of developing and repairing more than one billion sq.m of houses, equivalent to about 11.9 million apartments. The housing development strategy is to create conditions for everyone to have a place to live and focus on improving the quality of housing, as well as implementing the trend of green and smart housing development. In addition, the housing development must include urban development, urban embellishment and re-construction of old apartment buildings. The housing development in the post-COVID-19 period will be implemented according to targets on sustainable real estate market development. At the same time, the …

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Nội Bài International Airport receives a small number of passengers amid the COVID-19 pandemic. — VNA/VNS Photo HÀ NỘI — The Civil Aviation Authority of Vietnam (CAAV) has proposed increasing the number of domestic routes from October 20. The CAAV sent the proposal to the Ministry of Transport for when the first phase of the pilot period of reopening domestic flights ends. Previously, the CAAV proposed a four-phase plan to resume domestic flights. In the first phase, to be carried over ten days from October 10 to 20, airlines resume routes with a flight frequency not exceeding half of that in the first 10 days of April, the time before the fourth coronavirus wave in Việt Nam. Passengers on the planes must be distanced as well. In the second phase, the CAAV proposed to continue opening flight three routes from Hà Nội-Đà Nẵng, Hà Nội-HCM City, and Đà Nẵng-HCM City from October 21 to November 30. The frequency on each route would increase to not exceed 70 per cent compared to …

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A PetroVietnam Gas worker operating equipment. The company shares soared more than 4 per cent, boosted by higher gas and oil price in the international market. — Photo pvgas.com.vn HÀ NỘI — The benchmark indices finished higher on Monday, but the VN-Index failed to cross over the key psychological level of 1,400 points level as the rising selling force weighed on the market in the late session. On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index increased 2.83 points, or 0.2 per cent, to 1.395.53 points. The market opened the morning session on a positive note, with bullish sentiment pushing the benchmark to 1,399.97 points. However, the rally was capped by profit-taking activities in the last minutes. The market's breadth was negative as 193 stocks climbed and 245 declined, while the liquidity remained high. Accordingly, more than 795.9 million stocks were traded on the southern bourse, worth over VNĐ23.65 trillion (US$836.8 million). The index's uptrend was mainly …

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Deputy Minister of Labour, Invalids and Social Affairs Lê Văn Thanh Deputy Minister of Labour, Invalids and Social Affairs Lê Văn Thanh told Vietnam News Agency how the ministry had made huge efforts to implement social security policies to keep labourers working after the peak of the fourth wave of the COVID-19 pandemic. Since the beginning of 2020, Government issued many solutions to support its people, businesses and labourers. What are the differences between those policies and the ones introduced at the fourth outbreak of the pandemic? Previously, we had many policies to support businesses and people affected by the pandemic. During this fourth wave of the pandemic, we issued new policies, especially focusing on supporting workers, employers and groups of people directly affected by COVID-19. We have provided more specific support and regulations, and included those who have lost their jobs in the coverage of the policies. In particular, we focused on monetary …

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A view of Đà Nẵng City at night. — Photo baodanang.vn ĐÀ NẴNG — The central city of Đà Nẵng plans to reboot local tourism from October 20, as the COVID-19 pandemic has been under control. From November, the city will embark on “travel bubble” with the central province of Quảng Nam and the northern province of Quảng Ninh, heard a meeting between the municipal People’s Council and local voters last week. Director of the municipal Tourism Department Trương Thị Hồng Hạnh said the city will initially welcome domestic visitors and pilot the serving of foreigners with the slogan “Enjoy Đà Nẵng”, ensuring safety of tourists and employees in the sector. Also in November, the city will serve international visitors who come for official duty, visit relatives and return home. They will be put under quarantine for a week and follow other regulations by the Health Ministry. Others include tourists on full-package tours and those with vaccine passports, focusing on those from the Republic of …

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A coal mine of Núi Béo Coal JSC in the northern province of Quảng Ninh. —  VNA/VNS Photo Trọng Đạt HÀ NỘI — Although global coal prices have reached a record high, Vietnamese coal mining enterprises have still failed to increase revenue and profit, and some of them have even suffered losses. According to the International Energy Agency (IEA), the world average coal price has reached the highest level in history with a year-on-year hike of 110 per cent in the past nine months of 2021 and surging 75 per cent compared to the beginning of the year, though the nine-month global coal demand only increased 4.5 per cent year-on-year, after falling 5 per cent in 2020. However, experts from SSI Securities JSC (SSI) said that the coal price in Việt Nam was not in line with the global price due to the Government’s strict price management policy that allowed only two firms – Việt Nam Coal-Mineral Industries Holding Corp (Vinacomin) and the Quảng Ninh Province-based Đông Bắc …

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Việt Nam reports 3,168 new cases of COVID-19 on Monday, including nine imported and 3,159 local cases. The local cases are in Hồ Chí Minh (968), Bình Dương (439), Đồng Nai (393), Sóc Trăng (174), An Giang (109), Kiên Giang (99), Tiền Giang (94), Cà Mau (77), Long An (68), Đồng Tháp (61), Phú Thọ (58), Bạc Liêu (48), Đắk Lắk (46), Quảng Nam (45), Thanh Hóa (42), Gia Lai (40), Trà Vinh (33), Khánh Hòa (31), Hậu Giang (28), Bình Thuận (28), Cần Thơ (27), Nghệ An (25), Nam Định (22), Kon Tum (20), Hà Nam (20), Quảng Ngãi (19), Tây Ninh (18), Bình Định (15), Quảng Bình (15), Vĩnh Long (14), Thừa Thiên Huế (12), Bến Tre (9), Bình Phước (9), Bà Rịa - Vũng Tàu (8 ), Quảng Trị (8 ), Phú Yên (6), Ninh Thuận (6), Tuyên Quang (6), Hà Nội (6), Đắk Nông (4), Bắc Ninh (4), Thái Bình (3), Ninh Bình (1), and Hà Giang (1). Among these, 1,261 cases are detected in the community. …

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