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  Minister of Culture, Sports and Tourism Nguyễn Ngọc Thiện holds the national flag before presenting to Trần Đức Phấn, head of the Việt Nam's SEA Games delegation, at the sending off ceremony on Saturday in Hà Nội. Photo vntintuc.net HÀ NỘI - Việt Nam set a goal to finish in the top three of the Southeast Asian Games’ medal table at the send-off ceremony on Saturday in Hà Nội. The 856-strong contingent including 568 athletes will take part in 43 out of 56 sports in the Philippines. Speaking at the event, Trần Đức Phấn, head of the delegation and deputy head of the Việt Nam Sports Administration, said all athletes were ready and determined to do their best at the regional biennial event. “After months of preparation, we - athletes, coaches and supporting staff - are ready, confident and can’t wait to compete at the … [Read more...] about Việt Nam aim for top three of 30th SEA Games

  Đoàn Văn Hậu (right) competes for Việt Nam in the match against the UAE in the World Cup qualifier last Thursday. Photo thoidai.com.vn  HÀ NỘI - Viet Nam national team star Đoàn Văn Hậu has been nominated for the Young Footballer of the Year prize at the Asian Football Confederation (AFC) Awards. Hậu is the only Vietnamese player nominated at the continental-level individual awards, which will be held in Hong Kong on December 12. Japan’s Hiroki Abe and Lee Kang-in of South Korea have also been shortlisted for the title. The 20-year-old left-back won the V.League 1 trophy with Hà Nội FC earlier this year, and moved to Dutch side SC Heerenveen on loan in September. Though has yet to make his debut in the Eredivisie, he remains an indispensable player in Park Hang-seo’s Vietnamese lineup. Hậu contributed to the national team during their AFF Cup … [Read more...] about Hậu nominated for AFC Youth Player of the Year

  The National Futsal HDBank Cup is scheduled to start in Vinh City in the central province of Nghệ An today. Photo laodong.vn NGHỆ AN - The National Futsal HDBank Cup will start in Vinh City in the central province of Nghệ An today. The tournament will feature 10 teams and will be divided into two stages. The first stage includes Cao Bằng, Sanna Khánh Hòa, Quảng Nam, Tân Hiệp Hưng and Thái Sơn Bắc. They will compete in a round-robin format to decide the best three teams that will progress to the second stage. The second stage includes the three winners of the first stage and the top five teams from this year’s National Futsal HDBank Championships. The winning team will receive VNĐ200 million (US$8,800), while the runner-up and third place will pocket VNĐ100 million ($4,400) and VNĐ50 million ($2,200), respectively. The tournament is organised by the Voice … [Read more...] about National Futsal HDBank Cup to start in Nghệ An

  Runners compete in the Kizuna Ekiden 2019 – Run for Traffic Safety in Hà Nội yesterday. Photo cand.com.vn HÀ NỘI - The Tia Chớp Xanh (Blue Fash of Lighting) team won the Kizuna Ekiden 2019 – Run for Traffic Safety which took place around Hoàn Kiếm Lake in Hà Nội yesterday. The team consisting of Đỗ Công Danh, Lò Văn Hồng, Đinh Thanh Huệ and Bàn Thanh Tuyền finished first with a total time of 45 minutes and 15 seconds across the distance of 13.7km. The annual event saw more than 1,000 athletes from the Vietnamese and Japanese police, Embassy of Japan in Việt Nam, businesses from both countries as well as people of the two countries. The event provided traffic safety knowledge and skills to protect children from traffic accidents and was part of activities to mark the 46th anniversary of the establishment of diplomatic relations between Việt … [Read more...] about Blue Flash of Lighting win Ha Noi run

A plan to allow large Vietnamese State-owned commercial banks to pay dividends in shares or retain dividends would help them accumulate capital and meet regulatory minimum capital thresholds, Fitch Ratings said. Fitch-rated Vietnamese banks, including VietinBank, are estimated to need US$4.1 billion of additional capital to meet Basel II standards. However, the rating agency said, the positive effect is likely to be limited relative to the large capital needs State-owned banks face amidst rapid balance sheet expansion, underreporting of bad loans and Basel II implementation at the beginning of 2020. Media have reported that Vietnamese authorities have agreed to a proposal from the State Bank of Viet Nam that would allow State-owned banks to preserve internally generated capital by retaining dividends or paying them out in shares. The plan would still need to be approved by the National Assembly and would enable State-owned banks to follow a practice already in place for their … [Read more...] about VN banks face big capital burden despite dividend plan