Business

Devalued dong stabilizes forex market

The State bank of Vietnam’s surprise move in the final days before the Tet (lunar New Year) holidays to devalue the dong by another 3.3 percent has had a positive effect in narrowing the gap between official and black market exchange rates.
Society

Coffee shop becomes home for mentally disabled children

“I still can’t believe it is true. It’s like a dream,” Tam – an old woman said, her eyes shimmering with tears while recalling the very first time her grandson, Nguyen Nhat Trung Anh came out to work as a waiter at a coffee shop.“I still can’t believe it is true. It’s like a dream,” Tam – an old woman said, her eyes shimmering with tears while recalling the very first time her grandson, Nguyen Nhat Trung Anh came out to work as a waiter at a coffee shop.
Business

Trades slow to pre-Tet trickle

Gains on Wall Street helped fuel heavier purchases on the HCM Stock Exchange on Feb. 10, lifting the VN-Index to a close of 490.91 points, a gain of 1.66 percent.
Culture - Sports

Hanoi holds short film contest

The Hanoi Department of Culture Sports and Tourism has launched a short film contest on the theme of Thang Long-Hanoi as part of the city’s 1,000 anniversary celebrations.
Society

Reflections on Lunar New Year in Hanoi

Tet (Lunar New Year holiday), also known as “Tet ca” (biggest festival), is considered as the most important traditional festival in the whole country for people of the Kinh ethnicity.
Society

Shoppers switch to supermarkets before Tet festival

As the Tet (Lunar New Year) holiday approaches, more and more people are finding supermarkets and shopping centres more convenient as modern urban life means they have neither the time nor the inclination to go to traditional markets.
Society

Blaze of colour ushers in Tet

Thousands of HCM City residents and visitors flocked to Tet festivities on Nguyen Hue Flower Street which opened Feb. 11.
Society

Tet Parking profiteers may be closed down

Those who illegally increase fees for parking will be fined or have their licences withdrawn, according to Tran Dang Hai, deputy chief inspector of the city’s Department of Transport.
Society

Countdown for New Year begins

Traditional Tet favourites like calligraphy markets and flower fairs have begun in HCM City in the week before the lunar New Year.
Society

Guru to give new lease on life

Prabhat Kumar, a yoga guru with the Indian-based international non-governmental organisation Art of Living, is in HCM City to sow the first seeds of its world-renowned exercises.
Culture - Sports

Musical sweeps into Hanoi

Junior audiences in Hanoi will be given a rare opportunity to enjoy the musical performance The Little Sweep , by British composer Benjamin Britten on Feb 3-4.
Business

Credit Suisse aids world bond issue

Kinh Bac City Development Holding Co, listed on the HCM Stock Exchange, will issue 200 million USD worth of convertible bonds overseas in accordance with an agreement signed last week with Credit Suisse.
Society

Work stopped on 40-storey building

HCM City’s District 1 authorities ordered construction of a 40-storey building to stop after evidence that it caused collapse of two houses and damaged eight others.