Impressive “Made in Moscow” stand at Vietnam Expo 2024

Impressive “Made in Moscow” stand at Vietnam Expo 2024

Manufacturers from Moscow are showcasing their products at the 33rd International Trade Fair Vietnam Expo 2024. The Made in Moscow stand has brought together 14 companies from various industries and is open to visitors all three days of the trade fair at the Hanoi International Exhibition Centre (ICE) in Hanoi from April 3-6.
Việt Nam’s macro-economic achievements praised at international workshop

Việt Nam’s macro-economic achievements praised at international workshop

Việt Nam’s macro-economic achievements were applauded at an international workshop co-organised by the International Monetary Fund (IMF) and the Bank of Laos.
PM Chính: VN strives for 6.5% growth this year

PM Chính: VN strives for 6.5% growth this year

To achieve the target, he urged relevant ministries to implement the "five determinations", "five assurances", and "five accelerations" in the coming time.
VIETNAM EXPO 2024 Uniting 480 enterprises from 16 countries, territories in a digital trade fair

VIETNAM EXPO 2024 Uniting 480 enterprises from 16 countries, territories in a digital trade fair

The major national pavilions from China, India, South Korea, and the Russian Federation among the 16 participating countries highlight Việt Nam's appeal for investment and foreign trade cooperation.
VN’s tuna products exported to 80 markets worldwide

VN’s tuna products exported to 80 markets worldwide

The exports of Vietnam’s aquatic product posted positive growth in the first quarter of this year, bringing hope for the entire seafood industry, including processed tuna products.
Việt Nam

Việt Nam's recycling industry Challenges to opportunities

Despite the emerging opportunities in the recycling industry, Vietnamese businesses are facing challenges in harnessing these prospects, putting them at risk of losing market share domestically.
Bank shareholders to receive high dividends, stock bonuses

Bank shareholders to receive high dividends, stock bonuses

The payment rates range from 15 to 25 per cent.
More support policies needed for fiber industry

More support policies needed for fiber industry

In particular, the fiber industry worldwide is at a loss, not just in Việt Nam.
Việt Nam

Việt Nam's potential to become an AI dragon Meta

Several Vietnamese companies, including FPT, Viettel AI, VNPT AI and VIN AI, are deeply engaged in AI research and application.
Hà Nội’s biggest promotion programme to start from April 30

Hà Nội’s biggest promotion programme to start from April 30

Major activities of the programme will be organised in May, July, and November, with discount of up to 100 per cent. The programme expects the engagement of 1,000-2,000 businesses from all economic sectors.
Strategy pursues sustainable logistics development

Strategy pursues sustainable logistics development

(VEN) - Vietnam will develop a competitive, sustainable, efficient, high-quality and high-value-added logistics sector under a strategy until 2030 with a vision to 2050, said Tran Thanh Hai, Deputy Director of the Ministry of Industry and Trade’s Agency of Foreign Trade, when talking with the Vietnam Economic News.
China as Việt Nam

China as Việt Nam's largest wood chip export market

Việt Nam exported over 9.38 million tonnes of wood chips to the Chinese market last year.
Nearly 14,000 personnel needed to man Long Thành Airport

Nearly 14,000 personnel needed to man Long Thành Airport

When operational in 2026, Long Thành International Airport in the southern province of Đồng Nai will need nearly 14,000 workers of all levels, a local official has said.
MoIT launches plan to implement coal industry development strategy

MoIT launches plan to implement coal industry development strategy

According to the Decision No 543/QĐ-BCT signed by Minister of Industry and Trade Nguyễn Hồng Diễn on March 18, the plan focuses on developing and deploying the industry and trade industry's solutions to realise the coal industry development strategy.
MoIT reveals draft of wholesale electricity market circular for public comments

MoIT reveals draft of wholesale electricity market circular for public comments

This draft applies to organisations participating in the electricity wholesale market, including wholesalers, energy generator businesses, electricity system and market operators, and electricity transmission units.
Top 50 US businesses land in VN to seek opportunities

Top 50 US businesses land in VN to seek opportunities

A delegation of 50 top US businesses arrived in Việt Nam on March 18 to seek cooperation opportunities in various sectors, including technology, energy, aviation and defence, manufacturing, agriculture and food, financial services, healthcare, and investment.
Việt Nam ready to back Denmark

Việt Nam ready to back Denmark's APM Terminals to pilot green port projects: Deputy PM

Việt Nam is ready to provide favourable conditions for APM Terminals to pilot green port projects along with a mechanism for direct electricity trading from renewable energy projects in Việt Nam.
PM urges further rate cuts, improved credit access to remove obstacles, promote growth

PM urges further rate cuts, improved credit access to remove obstacles, promote growth

Prime Minister Phạm Minh Chính chairs the meeting to implement monetary policy management tasks in 2024, which focuses on removing difficulties for production and business to promote growth and ensure macroeconomic stability.
Việt Nam remains world

Việt Nam remains world's second largest smartphone exporter

By 2022, Việt Nam’s export share reached 12 per cent on the global smartphone market.
Nearly US$2.4 billion of public investment disbursed in two months

Nearly US$2.4 billion of public investment disbursed in two months

The Ministry of Finance has announced the public investment disbursement in the two-month period with positive results, as both the total disbursed capital and the disbursement rate were higher than the same period last year.
Local businesses urged to respond to trade defense lawsuits

Local businesses urged to respond to trade defense lawsuits

To date, Vietnamese exported goods have been involved in 239 trade remedies investigations. Typically, products such as shrimp, tra fish, honey and aluminium have always coped with investigations, investigation warnings, lawsuits, and imposition of anti-subsidy taxes.
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Petrovietnam announces two new oil and gas fields

Petrovietnam announces two new oil and gas fields

The Vietnam Oil and Gas Group (Petrovietnam) on May 6 announced the discovery of two new oil and gas fields, Rong and Bunga Aster, which coincided with the 70th anniversary of the historic Dien Bien Phu Victory (May 7).
Thai Nguyen energizes rural industrial enterprises

Thai Nguyen energizes rural industrial enterprises

(VEN) - Thanks to timely support from industry promotion programs and projects, the rural industrial enterprises in Thai Nguyen Province have boldly invested in large and modern machinery to improve production capacity.
Merger of two railways to be completed by the end of this year

Merger of two railways to be completed by the end of this year

The merger of Hà Nội and Sài Gòn railway companies into Railway Transport JSC with over VNĐ1.3 trillion (US$51.2 million) in capital will be completed by year-end.
Timber and wood product exports grow

Timber and wood product exports grow

(VEN) - According to data from the General Department of Vietnam Customs, Vietnam exported US$1.3 billion worth of timber and wood products in April 2024, up 0.2 percent compared with March and 19.4 percent year-on-year. The export value of wood products was estimated at US$893 million, up 0.7 percent compared with March and 14.1 percent year-on-year.
Vietnam, Australia eye to step up trade, investment cooperation

Vietnam, Australia eye to step up trade, investment cooperation

Vietnamese Ambassador to Australia Pham Hung Tam has had a meeting with Australian Minister for Trade and Tourism Don Farrell to discuss opportunities for promoting trade and investment cooperation between the two countries.
green transformation in tourism starts with correct understanding awareness expert

Green transformation in tourism starts with correct understanding, awareness: expert

Many tourism businesses still have insufficient and incorrect understanding of these principles so the implementation of green tourism within the Vietnamese business community is still limited.
vietnamese celebrated director to head jury at shanghai international film festival

Vietnamese celebrated director to head jury at Shanghai International Film Festival

According to the organisers of the film festival, the works of the Vietnamese French director and scriptwriter, who won the Best Director Award at the 76th Cannes Film Festival in 2023 for The Taste of Things, blend the expressions of Eastern and Western cultures, with sensitivity, delicacy, and a romantic style.
hcm city achieves 127 million in tourism revenue over five day holiday

HCM City achieves $127 million in tourism revenue over five-day holiday

HCM City’s tourism revenue is estimated at more than VNĐ3.23 trillion (US$127 million) during the five-day holiday celebrating Reunification Day from April 27-May 1, according to the city Department of Tourism.
optimising unesco titles for national development

Optimising UNESCO titles for national development

With 65 UNESCO titles spanning all the 63 cities and provinces, Việt Nam contributes to enriching, protecting, and promoting the cultural treasures of humanity. This helps international friends better understand the country, its people, traditions, and history.
7 places that are worth a visit in dien bien

7 places that are worth a visit in Điện Biên

Here are seven recommended places for those who intend to visit the province.
Decree fosters industrial  cluster development

Decree fosters industrial cluster development

(VEN) - The Government has recently issued Decree 32/2024/ND-CP (Decree 32) on the management and development of industrial clusters (ICs), creating a more favorable mechanism for IC development.
Decree regulates conditions for cars from abroad to Việt Nam

Decree regulates conditions for cars from abroad to Việt Nam

HÀ NỘI — Foreign drivers using their vehicles in Việt Nam must complete a stringent set of procedures through a recognised travel company before they enter the country.
Fresh policies come into effect in May 2024

Fresh policies come into effect in May 2024

New policies regarding standards for civil servants holding leadership and management positions, management and development of industrial clusters, transportation of dangerous goods, and penalties in fishing sector shall come into effect this May.
Employment Law to be revised for better assurance of employees’ interests

Employment Law to be revised for better assurance of employees’ interests

The Ministry of Labor, Invalids and Social Affairs (MOLISA) has recently released the latest draft of the amended Law on Employment with several significant changes.
Thai Nguyen energizes rural industrial enterprises

Thai Nguyen energizes rural industrial enterprises

(VEN) - Thanks to timely support from industry promotion programs and projects, the rural industrial enterprises in Thai Nguyen Province have boldly invested in large and modern machinery to improve production capacity.
IC development challenges Dong Nai Province

IC development challenges Dong Nai Province

(VEN) - Under the plan, the southeastern province of Dong Nai will have 27 industrial clusters (ICs) with a total area of almost 1,500 hectares in the 2021-2025 period. However, only four of the 27 ICs have had their infrastructure projects accomplished as of the end of 2023, while the rest are still under investment procedure handling and site clearance.
Textile and garment businesses face difficulties due to lack of domestic supply

Textile and garment businesses face difficulties due to lack of domestic supply

HÀ NỘI — The textile and garment industry has long faced an imbalance between production stages.
Automobile industry reported strong sales in Q1

Automobile industry reported strong sales in Q1

HÀ NỘI — April 2024 marks the second consecutive month the automobile industry reported significant growth since the beginning of the year, according to a report by the General Statistics Office of Vietnam (GSO).
Foreign, domestic investment in Ba Ria - Vung Tau rises sharply

Foreign, domestic investment in Ba Ria - Vung Tau rises sharply

Foreign and domestic investment in the southern province of Ba Ria - Vung Tau stood at almost 1.63 billion USD and over 25.93 trillion VND (1 billion USD) during the first four months of 2024, surging 7.2-fold from a year earlier.
Foreign investors encouraged to invest in petroleum storage infrastructure

Foreign investors encouraged to invest in petroleum storage infrastructure

The Vietnamese Government has given green light to foreign investors to invest in developing oil and gas storage and supply infrastructure system, but they cannot participate in distributing, importing and exporting petroleum.
Cambodian media values Vietnam

Cambodian media values Vietnam's foreign investment attraction

The SBM NEWS website of Cambodia has published an article praising Vietnam's ability to attract foreign investment, especially in the northeastern province of Quang Ninh.
Thai Binh province rolls out red carpet for Dutch businesses

Thai Binh province rolls out red carpet for Dutch businesses

The northern province of Thai Binh always accompanies and creates the best conditions for enterprises, including those from the Netherlands to invest in and run long-term and effective business in the locality, Secretary of the provincial Party Committee Ngo Dong Hai has affirmed.
MoF refuses to cut import tax for some materials of animal feed production

MoF refuses to cut import tax for some materials of animal feed production

The Ministry of Finance has refused to reduce import tax rates for some crucial materials of animal feed production as proposed by Bến Tre Province's voters.
Government proposes extending VAT cut until year end

Government proposes extending VAT cut until year end

The Government has proposed extending the cut in value-added tax (VAT) from 10% to 8% on specific groups of goods and services from July 1 until the end of the year to support business and production activities.
Stock market upgrade to help Vietnam lure another 10 bln USD in investment

Stock market upgrade to help Vietnam lure another 10 bln USD in investment

The elevation of the stock market to "emerging" status can help Vietnam attract an additional 10 billion USD in both direct and indirect investment, KB Vietnam Securities JSC (KBSV) reported, citing the World Bank (WB).
VND30-trillion credit package for forestry, fisheries businesses

VND30-trillion credit package for forestry, fisheries businesses

(VEN) - Following the Government’s guidelines, the State Bank of Vietnam (SBV) has assigned commercial banks to realizing a VND30-trillion preferential credit program for forestry and fisheries sectors in order to help them maintain their leading positions as billions-of-US-dollars export revenue earners.
Is it possible to deny collection for waste unsorted at source?

Is it possible to deny collection for waste unsorted at source?

Unsorted waste could be denied collection, per a draft document proposed by the Ministry of Natural Resources and Environment.
PM asks for effective preventive solutions against forest fires

PM asks for effective preventive solutions against forest fires

HÀ NỘI — Prime Minister Phạm Minh Chính has issued an official dispatch, requesting ministries, sectors, and localities to continue vigorously and effectively implementing fire prevention and control measures nationwide amid hot weather across the country.
Heat records broken, more hot weather forecast for May

Heat records broken, more hot weather forecast for May

HÀ NỘI — April saw 112 heat records as the country baked in sweltering weather, with many places breaking temperature records set over a decade ago.
Vietnam faces climate change challenges

Vietnam faces climate change challenges

(VEN) - Without appropriate adaptation and mitigation measures, it is estimated that climate change could cause Vietnam to suffer losses of approximately 12-14.5 percent of gross domestic product (GDP) annually by 2050, triple the losses in 2020, 3.2 percent of GDP or around US$10 billion.
2024 VinFuture Prize records 1,469 nominations

2024 VinFuture Prize records 1,469 nominations

The 4th edition of VinFuture Prize, an annual international award that honours remarkable scientific breakthroughs and promotes innovations for humankind, has officially closed its nomination portal with a record of 1,469 submissions.
HCM City: Centre for Fourth Industrial Revolution to debut in September

HCM City: Centre for Fourth Industrial Revolution to debut in September

A centre for the Fourth Industrial Revolution (C4IR) in Ho Chi Minh City is scheduled to be officially launched in September, with a mission to be Vietnam’s top facility in advising national industrial policies, piloting their implementation in the southern metropolis, and promoting economic transformation in the revolution.
Vietnam’s digital products to go global

Vietnam’s digital products to go global

(VEN) - Vietnamese digital technology businesses have made great strides in development, as more digital application products have been created. In addition to the domestic market, the state needs to support them to bring Make-in-Vietnam digital products and services to the world.
Digital transformation events for banking sector slated for May

Digital transformation events for banking sector slated for May

The State Bank of Vietnam (SBV) announced a series of events focusing on digital transformation in the banking sector, scheduled for May 8 in Hanoi.
Bình Thuận works to stop fishing vessels from infringing on foreign waters

Bình Thuận works to stop fishing vessels from infringing on foreign waters

BÌNH THUẬN – The People’s Committee of the south-central province of Bình Thuận on May 7 requested extra efforts to resolutely not let any local fishing vessels and fishermen violate foreign waters so as to fight illegal, unreported and unregulated (IUU) fishing.
Điện Biên Phủ Victory shows strength of intelligence, public consensus: Officer

Điện Biên Phủ Victory shows strength of intelligence, public consensus: Officer

The Điện Biên Phủ (May 7, 1954) was not only a victory of the strength of intelligence and public consensus but also contributed to the end of the resistance war against the French colonialists of the Vietnamese army and people.
HCM City works to put Metro Line No. 1 into operation soon

HCM City works to put Metro Line No. 1 into operation soon

Ho Chi Minh City's Metro Line No. 1 (Ben Thanh–Suoi Tien) is close to the finish line but is facing some difficulties, thus the local administration and the investor are making efforts to remove obstacles so that the it can start commercial operation soon.
Online administrative procedures to be processed on one app only from July 1

Online administrative procedures to be processed on one app only from July 1

HÀ NỘI — Deputy Prime Minister Trần Lưu Quang has asked relevant ministries and localities to use the Vietnam Electronic Identification (VNeID) as the only app in administrative procedure performance from July 1, 2024 to save time and costs.
Habeco, northern beer Industry icon, reports largest quarterly loss in four years

Habeco, northern beer Industry icon, reports largest quarterly loss in four years

Habeco's leaders attributed the negative profits to a decrease in financial revenue caused by lower deposit interest rates, resulting in a 16 per cent decline to nearly VNĐ38 billion.
PV Gas unions launch book donation program

PV Gas unions launch book donation program

(VEN) - On the occasion of the 10th anniversary of the Vietnam Book and Reading Culture Day (April 21, 2014 - 2024), to honor the value of books and promote reading culture among students at primary schools, the Trade Union and Youth Union organizations of Petrovietnam Gas Joint Stock Corporation (PV GAS) launched a book donation program with the theme “Donating a book, giving a future.”
Vietnam Airlines reports profit in H1

Vietnam Airlines reports profit in H1

Vietnam Airlines (VNA) reported after-tax profit of VNĐ4.44 trillion (US$173.19 million) in Quarter 1 as it is strengthening its international flights and restructuring.
Phenikaa targets to train over 8,000 semiconductor chip design engineers by 2030

Phenikaa targets to train over 8,000 semiconductor chip design engineers by 2030

The Phenikaa Semiconductor Training Centre will conduct research and training activities in IC design, semiconductors, technology transfer, international cooperation, resource mobilisation, and collaboration and cooperation with domestic and foreign partners to promote research and training activities on semiconductor chip design.
tcty-dau-khi-vn-pv-power-2022
“The Road to Dien Bien Phu” full of emotion

“The Road to Dien Bien Phu” full of emotion

(VEN) - To mark the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024), the Vietnam Fine Arts Museum held the “The Road to Dien Bien Phu” exhibition to introduce 70 outstanding artworks, such as paintings, graphics, sculptures, sketches, and posters by 34 authors produced between 1949 and 2009.
Vietnamese celebrated director to head jury at Shanghai International Film Festival

Vietnamese celebrated director to head jury at Shanghai International Film Festival

According to the organisers of the film festival, the works of the Vietnamese French director and scriptwriter, who won the Best Director Award at the 76th Cannes Film Festival in 2023 for The Taste of Things, blend the expressions of Eastern and Western cultures, with sensitivity, delicacy, and a romantic style.
HCM City launches international photo contest

HCM City launches international photo contest

Vietnamese and foreign photographers, both amateurs and professionals, are encouraged to take part in the third HCM City International Photography Contest.
Optimising UNESCO titles for national development

Optimising UNESCO titles for national development

With 65 UNESCO titles spanning all the 63 cities and provinces, Việt Nam contributes to enriching, protecting, and promoting the cultural treasures of humanity. This helps international friends better understand the country, its people, traditions, and history.
Fansipan Rose Festival 2024 offers tourists fascinating experiences

Fansipan Rose Festival 2024 offers tourists fascinating experiences

(VEN) - Themed “A Millions Roses,” the Fansipan Rose Festival 2024 which takes place in Sa Pa, Lao Cai from April 27 to June 30, will feature unique, attractive and completely new activities.
Green transformation in tourism starts with correct understanding, awareness: expert

Green transformation in tourism starts with correct understanding, awareness: expert

Many tourism businesses still have insufficient and incorrect understanding of these principles so the implementation of green tourism within the Vietnamese business community is still limited.
7 places that are worth a visit in Điện Biên

7 places that are worth a visit in Điện Biên

Here are seven recommended places for those who intend to visit the province.
HCM City achieves $127 million in tourism revenue over five-day holiday

HCM City achieves $127 million in tourism revenue over five-day holiday

HCM City’s tourism revenue is estimated at more than VNĐ3.23 trillion (US$127 million) during the five-day holiday celebrating Reunification Day from April 27-May 1, according to the city Department of Tourism.
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