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Foreign investors set sights on poorly-performing banks
Foreign financial institutions were eyeing up poorly-performing Vietnamese banks after being given the green light to acquire stakes in local institutions in a move to speed up the restructuring of the country’s banking industry, according to banking expert Nguyen Tri Hieu.
Sugar industry could be sweeter with restructuring
The domestic sugar industry should restructure all stages of its production process towards diversifying products to improve competitiveness, according to the Ministry of Agriculture and Rural Development (MARD).
HSBC forecasts Vietnam’s economic slowdown in 2019
Vietnam’s economy will grow at 6.6 percent this year, slightly down from last year’s 7.1 percent, HSBC has forecast in a report it released this week.
Social homes for rent fail to attract customers in Hanoi
The uptake for social housing in Hanoi has been disappointingly low due to indifference from the intended target customers.
HCM City begins work to become southern logistics hub
Ho Chi Minh City’s Department of Industry and Trade has reported to the municipal administration that it is appraising tenders from contractors to develop logistics facilities and turn the city into a logistics hub for Southern Vietnam.
Vietnamese painter displays abstract art in New York
Abstract paintings by Nguyen The Hung are being displayed at the artist’s solo exhibition in New York from April 3-24.
Vietnamese-style lacquer paintings auctioned at Sotheby’s Hong Kong
Two lacquer paintings by noted French painter Alix Angèle Marguerite Aymé (1894-1989), who was a teacher of various leading painters in Vietnam, sold at high prices at an auction held at Sotheby’s Hong Kong on April 1.
Vietnamese women’s football team ready for Olympic qualifiers
The Vietnamese women’s football team have a golden opportunity to advance to the next round of the Tokyo 2020 Olympic qualification in Uzbekistan this week.
Government urged to help local banks lure foreign capital
The Government should help Vietnamese banks lure capital and experience from prestigious foreign banks so as to help local firms develop sustainably, experts said.
Biomedical research has potential to produce new Vietnamese drugs
Biomedical research by scientists nationwide has led to important findings that could produce new Vietnamese-branded drugs and medical treatments, but commercialisation of research results faces challenges, experts have said.