Daily Archives: March 18, 2020

14 imprisoned for subversive acts against people’s administration

Two men and their 12 accomplices on March 18 got prison terms ranging from two years to life for their roles in a case of acting for the subversion of the people’s administration and covering criminals in Muong Nhe

Vietnam Airlines reports flight incident

The national flag carrier Vietnam Airlines on March 18 reported that its Flight VN920 from Ho Chi Minh City to Cambodia’s Phnom Penh experienced a tire puncture while taxiing on a runway to take off from Tan Son Nhat

Vietnam Airlines suspends flights to Russia, Taiwan

National flag carrier Vietnam Airlines announced on March 18 that it will suspend flights between Vietnam and Russia, Taiwan (China) from March 19 until further notice from authorities, amid the worsening COVID-19 epidemic.Accordingly, the latest canc...

Dong Nai suggests expanding HCM City-Long Thanh-Dau Giay expressway

The People Committee of Dong Nai province has proposed Prime Minister Nguyen Xuan Phuc consider investment to expand the Ho Chi Minh City-Long Thanh-Dau Giay expressway to ease traffic congestion.The expressway starts at An Phu intersection in HCM Cit...

Ben Tre steps up installation of fishing vessel monitoring devices

The Mekong Delta province of Ben Tre is focusing on finishing the installation of fishing vessel monitoring devices in a bid to fight illegal, unreported and unregulated (IUU) fishing.Since June 2019, the province has installed tracking devices on loc...

MSB completes all three pillars of Basel II

The Vietnam Maritime Commercial Joint Stock Bank (MSB) said it has completed the second pillar of Basel II standards that is supervisory review nearly one year ahead of the schedule set by the State Bank of Vietnam.Together with the

Vietnam boasts opportunities to expand exports to Sweden

It is forecast that Vietnam will have great opportunities to export more types of products to Sweden when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.Analyzing 25 groups of products that Sweden imported the most in the past

Businesses propose incentives amid COVID-19 outbreak

Cutting interest rates and corporate income and added value duties, and extending loan payments and tax and social insurance collections were among the proposals raised by businesses at a seminar in Ho Chi Minh City on March 17.During the

Ministry makes int’l accounting rules compulsory after 2025

The Ministry of Finance has issued a decision regulating the roadmap for the application of International Financial Reporting Standards (IFRS), replacing the current Vietnamese accounting standards (VAS).Under the Decision 345/QD-BTC on the developmen...

US becomes top importer of Vietnamese tra fish in February

The US surpassed China to become the biggest importer of Vietnamese tra fish in February, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).Although tra fish exports to most markets last month fell sharply from the same