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Vietnam ranked second in SEA Games medal tally

December 11, 2019 by

The national beach handball team scooped the last gold medal Wednesday morning, the final day of the 30th SEA Games hosted by the Philippines. Vietnam scored 19-16 and 20-10 to win the final against Indonesia, palming a total eight team points. Thailand finished second on six points and the Philippines third with four. Vietnam had previously secured gold by remaining undefeated after beating Singapore 2-0 on the first day, defeating Thailand 2-1 and trumping the hosts 2-0 on December 10. The Philippines topped the medal tally with 387, including 149 golds. Thailand nailed 318 medals but only ranked third with 92 golds. Results surpassed Vietnam's target of 65-70 gold medals, highlighted by the historic men's football victory on Tuesday. Athletics won Vietnam the most golds, 16, followed by wrestling (12) and swimming (11). Nguyen Thi Anh Vien, nicknamed Vietnam's "Little Mermaid," will be honored at the closing ceremony for winning an outstanding six gold medals. Hanoi will host the … [Read more...] about Vietnam ranked second in SEA Games medal tally

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M&A Vietnam Forum 2019 – “Going for breakthrough”

December 11, 2019 by

Vietnam M&A Forum 2019 will be held at GEM Convention Center, Ho Chi Minh City on Tuesday, August 6, 2019 This morning (July 23, 2019) in Hanoi, the Organising Board of the Vietnam M&A Forum 2019, under the auspices of the Ministry of Planning and Investment (MPI), held a press conference announcing the forum's 2019 edition. After a decade of strong growth with thousands of transactions and a total transaction value of nearly $50 billion, the Vietnamese M&A market entered a new era with many new opportunities. Total M&A deal value in 2018 reached $7.64 billion, equaling 74.9 per cent compared to 2017. However, without Sabeco’s record deal, the pulling factor in 2017, the deal value in 2018 increased by 41.4 per cent. In the first six months of 2019, the total value of announced M&A deals in Vietnam only reached $1.9 billion (equal to 53 per cent of the same period in 2018, which had the value of $3.55 billion). According to statistics from the MPI's Foreign … [Read more...] about M&A Vietnam Forum 2019 – “Going for breakthrough”

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Vietnam’s M&A market declines in 2018

July 27, 2018 by

Vietnam’s M&A market is forecast is expected to touch $6.5-$6.9 billion in 2018 (Photo: baodautu.vn) Hanoi (VNS/VNA) – Vietnam’s M&A market is forecast to reach 6.5-6.9 billion USD in 2018, which is lower than the 2017’s record of 10.2 billion USD. “We expect the M&A value in 2018 to decline from 2017, as this year may not have as big deal as Sabeco,” said Dang Xuan Minh, AVM Vietnam’s CEO. Vietnam’s merger and acquisition (M&A) market hit over the 10-billion-dollar landmark for the first time last year and is at the turning point to reach a new era of opportunities in the next decade. M&A value continued to rise 55 percent year-on-year to reach 3.55 billion USD in the first six months of this year. “One year ago, even very optimistic forecasts hardly envisaged the M&A boom in 2017 which thrust Vietnam’s M&A value to 10.2 billion USD, a growth of 175 percent over 2016. This is a record number, … [Read more...] about Vietnam’s M&A market declines in 2018

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Expert urges for more flexible visa policy for Vietnam tourism takeoff

December 11, 2019 by

A friendly visa policy is among major reasons to help boost the Vietnamese tourism development, said Kenneth Atkinson, vice president of Tourism Advisory Board (TAB). He made the suggestion at the Vietnam Travel and Tourism Summit held in Hanoi Monday. Kenneth Atkinson, vice president of Tourism Advisory Board, at  the Vietnam Travel and Tourism Summit In 2016, Vietnam lured up to 781,000 visitors from five Western European countries, up 19% on-year, which was mainly attributed to the country’s free-visa travel for these nations. The tourist increase helped to add up to USD150 million for the Vietnamese tourism industry’s revenues in the year, according to Atkinson. Earlier, Vietnam News Agency cited Hoang Nhan Chinh, head of the Vietnam Tourism Advisory Board secretariat, as saying that Vietnam currently grants visa-waiver scheme for tourists from 26 countries. The figure is quite low compared to the visa-free travel for 57 nationalities to Thailand, 168 … [Read more...] about Expert urges for more flexible visa policy for Vietnam tourism takeoff

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Thailand: Face masks handed out due to haze from Indonesia

September 14, 2019 by

People in Thailand wear face masks due to smog from forest fires (Photo: AFP/VNA)   Hanoi (VNA) – Many provinces of Thailand on September 13 started to hand out face masks to people as smog from forest fires in Indonesia hovered over its southern region. Authorities in Hat Yai city, the largest one in Songkhla province in southern Thailand, began handing out face masks to residents and tourists on the day. The Region 16 Environmental Office in Songkhla province reported the level of PM2.5 (particulate matter) at 54 microgrammes per cubic metre of air, which authorities said exceeded the safe threshold set at 50 in Thailand. The level of PM2.5 in Satun province was also above 50, but other provinces remained in the safe zone. The Pollution Control Department of Thailand, however, reported the PM2.5 level in Hat Yai, Songkhla at 69 microgrammes per cubic metre of air, the worst in the southern region, followed by Satun district at 59 microgrammes per cubic meter of air. … [Read more...] about Thailand: Face masks handed out due to haze from Indonesia

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