Featured Bangkok, Hanoi, Jakarta (GMT+7) Oldest Latest Has news updated Caption Do Hung Hung (number 16) leads the ball while instructing a teammate. Photo by Duc Dong 66' Tien Linh got the chance to face the keeper, but before he was able to finish, a Malaysia defender cleared the ball in front of his foot. 64' First substitution for Vietnam. Nham Manh Dung out for Nguyen Van Tung. 60' Malaysia made the first substiution. 56' Le Van Do moved to the left flank in the second half and unlike in the first half, his crosses were too deep. 46' Second half started No substitutions were made after the first half. 45'+1 First half ended Ly Cong Hoang Anh tried to finish from afar after a corner, but it went straight to the hands of keeper Ghani. This was also the final play of the first half. … [Read more...] about SEA Games semifinals: Vietnam 0-0 Malaysia
Vietnam warship takes part in asean russia naval drills vnexpress
Vietnam aims to be 50 percent urbanized by 2030
At a Wednesday conference held by the Communist Party's Secretariat regarding sustainable development of Vietnam’s urban areas by 2030, with vision until 2045, Tran Tuan Anh, head of the Central Economic Commission, said the Party's decision-making Politburo has requested for quicker, better urbanization, as well as sustainably developing urban areas into networks. By 2025, the urbanization rate of Vietnam would be around 45 percent, with 950-1,000 urban areas. By 2030, the rate would be at 50 percent with 1,000-1,200 urban areas. The goal means Vietnam would need 100 more urban areas in the next decade. The country would also have certain urban centers at national and regional level, with medical, education and cultural criteria similar to other urban areas in countries among the top four in Southeast Asia. In those urban areas, the ratio between traffic land and construction land must be at 16-26 percent in 2030. Tree coverage for each person on average must reach 8-10 per … [Read more...] about Vietnam aims to be 50 percent urbanized by 2030
Japanese M&A in Vietnam on a steady track to bigger deals
The deal value in Vietnam by Japanese investors last year was more than triple the figure of 2020. Why has there been a sharp increase in Japanese mergers and acquisitions (M&A) deals? Masataka “Sam” Yoshida, head of the Cross-border Division of RECOF Corporation and CEO of RECOF Vietnam Co., Ltd This rise was due to an exceptional deal done by SMBC Consumer Finance, in the amount of nearly $1.38 billion, which acquired FE Credit from VP Bank. In fact, there have been several relatively big deals by Japanese investors ranging from $50-100 million every two years during the last 10 years – however, this one was by far the largest. Apart from this one, we recognise that most of the Japanese-related deals were around $5-30 million in size, which did not show any big difference from before 2020. What is M&A activity like so far in 2022 for Japanese groups here? Despite the aforementioned mega deal by SMBC, most Japanese investors had to wait until travel … [Read more...] about Japanese M&A in Vietnam on a steady track to bigger deals
SEA Games 31: Vietnam and Thailand to compete for football gold medal
Both Vietnamese men's and women’s U23 football teams advance to the finals and compete for gold medals. Vietnam and Thailand will compete for the gold medal at the finals of SEA Games 31 after the two teams won their rivals 1-0 in each match both took place on May 19. Thailand defeated Indonesia in extra time, the same way Vietnam won against Malaysia as both matches ended goalless in 90 minutes. Tien Linh scores a goal in the match versus Malaysia on May 19. Photos: Ngoc Tu/The Hanoi Times Tien Linh made a header to open the score for Vietnam in the 111th minute from a corner kick made by Captain Hung Dung. The goal was made after Malaysia were down physically, sometimes resulting in ill-organized defense and fouls when fighting for the ball. In most of the match, Malaysia chose to preserve defensive tactics without clear passes to shut down the rival’s offense. Vietnam’s Coach Park Hang-seo chose defenders Van Xuan and Van Do to take chances when … [Read more...] about SEA Games 31: Vietnam and Thailand to compete for football gold medal
Vietnam affirms consistent stance of settling disputes by peaceful means at ADSOM+
Vietnamese Deputy Defense Minister Senior Lieutenant General Hoang Xuan Chien affirmed that while delivering a speech at the ASEAN Defense Senior Officials’ Meeting Plus (ADSOM+) in Phnom Penh on May 18. The Vietnamese deputy defense minister also emphasized that the security and safety of navigation and aviation in the East Sea (or South China Sea) is extremely important for countries in the region and the Association of Southeast Asian Nations (ASEAN). Therefore, it is essential to observe the Declaration of the Conduct of Parties in the East Sea (DOC) and accelerate the early signing of a practical and effective Code of Conduct in the East Sea (COC). The head of the Vietnamese delegation expressed his wish that all countries would settle conflicts and disagreements by peaceful means, on the basis of respecting international law and the United Nations Charter as well as ASEAN's basic principles. He added that besides emerging non-traditional security challenges, there have been … [Read more...] about Vietnam affirms consistent stance of settling disputes by peaceful means at ADSOM+
Techcombank eyes seat at top Southeast Asian banking table
"Even in the very tough environment we are seeing, our employees have maintained a high quality and reliable service for our customers and this is helping us deliver stellar performance year after year," said Jens Lottner, CEO of Techcombank. Last year, the bank continued to reduce costs while focusing on building deposits in its current accounts and savings accounts (CASA), which Lottner described as a "stable and cheap" source of funding. Techcombank’s CASA ratio, which reflects the percentage of the bank’s total deposits that are CASA, jumped from 46.1 percent in 2020 to 50.5 percent last year, on its way to the bank’s target of 55 percent by 2025. Techcombank’s net interest margin (NIM), a measure of the difference between the interest received by the bank and the amount paid out to lenders, also increased 69 basis points to 5.6 percent during the year. "Together, these improving metrics, along with our effective cost management, translated into an excellent profit before tax … [Read more...] about Techcombank eyes seat at top Southeast Asian banking table