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Monthly Archives: August 2013

National Day celebrations abroad

A ceremony to celebrate the 68 th anniversary of August Revolution and National Day of Vietnam took place in Beijing , China on August 30. Vietnamese Foreign Minister Pham Binh Minh was joined at the event by Deputy Prime Minister and Foreign Minister of Laos Thongloun Sisoulith and Chinese Foreign Minister Wang Yi. Addressing the ... Read More »

Congratulations offered for Vietnam’s National Day

Leaders across the world have conveyed their congratulations to Vietnam ahead of its 68 th National Day on September 2. US Secretary of State John Kerry was among those to offer warm words. In a press statement issued on August 30, he wrote: “On behalf of President Obama and the people of the United States, I congratulate the people of ... Read More »

Deputy PM attends executive leadership programme

Deputy Prime Minister Nguyen Xuan Phuc attended the Vietnam Executive Leadership Programme (VELP) at Harvard University in the US city of Boston, Massachusetts on August 26-30. At the event, Phuc informed participants of the challenges confronting Vietnam and explained the present priorities of its socio-economic development policy. Delegates talked openly about how Vietnam is positioned in the current regional and ... Read More »

Deputy FM: ASEAN, China set to lift strategic partnership

Deputy Foreign Minister Pham Quang Vinh has stated that the Special ASEAN-China Foreign Ministers’ Meeting has agreed to set a long-term vision to lift bilateral strategic partnership to a new height. In an interview granted to the Vietnamese media in Beijing , China on August 31, Deputy FM Vinh said the meeting is an important event to mark the 10 ... Read More »

HCM City to develop traditional craft villages

Nine traditional craft villages in Ho Chi Minh City will be preserved and developed under a city programme that will last until 2015. The assessment made for the programme is that four of them do not have capability to develop on their own and needs government support. They are Thai My village that makes bamboo baskets and furniture in Cu ... Read More »

Photo exhibition marks Vietnam-Singapore diplomatic ties

Over 50 photographs published by the Vietnam News Agency (VNA), capturing the Vietnam-Singapore relationship over the last four decades, have gone on display in Singapore’s Shangri-La hotel on August 30. The event, co-organised by the Vietnamese Embassy in Singapore and the VNA, marks the 40 th anniversary of diplomatic ties between the two countries (Aug.1, 1973-Aug.1, 2013). The exhibition provides ... Read More »

Speculators buoy a risky market

The mid-day drop turned out to be an opportunity for risk taking investors, which boosted both markets in the afternoon of August 30, the last trading of the week. On the Ho Chi Minh Stock Exchange, the VN-Index climbed 0.89 percent to close on 472.70 points before dropping back to 462 points. Blue chips bouncing back also helped to lift ... Read More »

Hospitality sector takes on employees

The tourism and hospitality industry will be one of the top 12 employers in Ho Chi Minh City by 2020, according to the Centre for Forecasting Manpower Needs and Labour Market Information. Enterprises in the tourism and hospitality industry in the city will need 21,600 more employees each year, Tran Anh Tuan, the centre’s standing deputy head, said at a ... Read More »

HDBank buys French partner

Ho Chi Minh City Development Bank (HDBank) recently announced that it has got approval from the State Bank of Vietnam (SBV) to acquire Societe General Viet Finance (SGVF). The bank said that the wholly French owned company – one of the largest foreign owned consumer finance companies in Vietnam – will become a subsidiary. It expects that being the first ... Read More »

Young entrepreneurs hope to contribute to nation

President Truong Tan Sang has declared that the Vietnamese Party and State will facilitate businesses to develop, allowing them to contribute to national renewal within the model of socialism. The president delivered the promise in a reception speech for outstanding representatives of the Vietnam Association of Young Entrepreneurs on August 31, the 20 th anniversary of its establishment. President Sang ... Read More »