Phuong said that the Law on Public Investment No 39/2019/QH14 which took effect from the beginning of this year would help tighten management of the entire process of public investment. In addition, the decentralisation of management would also be enhanced together with increasing accountabilities for higher efficiency of public investment. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 22
Vectura interim results 2017
Cold weather raises the risks of stroke, say doctors
Hanoi (VNS/VNA) - The cold weather which has hit the northern region with temperatures of 8 to 10 Celsius degree has reportedly been accompanied by a surge in the number of people suffering from strokes. Dao Viet Phuong, from Bach Mai Hospital’s Stroke Centre, said the centre has received 2,000 stroke patients since it was established in November. More people have recently also been taken to the National Geriatric Hospital (NGH) and the 108 Military Hospital. Nguyen Danh Cuong, deputy head of the Emergency and Stroke Department of the NGH, said the cold snap was the reason for an escalation in the number of senior citizens hospitalised for emergency treatment. The hospital admitted 50-60 patients a day compared to 30-40 on normal days. Most of them are serious cases with blood pressure problems, heart diseases and strokes; some even need a ventilator, he said. "As the organs of the elderly are ageing, they are more susceptible to … [Read more...] about Cold weather raises the risks of stroke, say doctors
Hanoi plans new pedestrian street near Thien Quang Lake
Hanoi unveiled its first walking street in Hoan Kiem District in 2004, covering only five streets at the time. By 2021, Hoan Kiem walking streets have been expanded to cover a much larger area, including dozens of streets near the iconic Sword Lake and the Old Quarter. … [Read more...] about Hanoi plans new pedestrian street near Thien Quang Lake
Banks continue to lower interest rates further to support economic growth
Profits come from service diversification Looking at the profit results of the four State-owned commercial banks (Big 4), Vietcombank had a pre-tax profit of nearly VND23.1 trillion (approximately US$1 billion) - the highest level in the banking system, helping the lender to be in the list of 200 groups with the highest profit in the world. Vietcombank's credit growth in 2020 was higher than the general growth rate of the banking system, at 14 percent. This is also the highest credit growth ever of this lender and the highest in the banking industry. The pre-tax profit of Vietinbank also reached VND16.45 trillion, up 43.5 percent over the previous year due to good credit growth. The recent report of Agribank shows that not only did the business results continue to improve, Agribank's administrative costs in 2020 were also being cut by 10 percent, helping the bank's pre-tax profit to touch nearly VND12.87 trillion, VND369 billion, or approximately 3 percent, higher than the plan. It … [Read more...] about Banks continue to lower interest rates further to support economic growth
Vietnam, US finish first part of dioxin cleanup at Bien Hoa airbase
Deputy Minister of National Defense Lieutenant General Nguyen Chi Vinh said: "On the map, the Gate 2 Lake is just a small spot in the airport, but it is possible for us to now say that a dead piece of land has been transformed into golden land for Dong Nai." … [Read more...] about Vietnam, US finish first part of dioxin cleanup at Bien Hoa airbase
