M&A activities show signs of recovery

M&A activities show signs of recovery

Mergers and acquisition (M&A) activities in Việt Nam have been showing signs of recovery in recent months as several large companies announced finished deals.
How the US election result can impact Việt Nam

How the US election result can impact Việt Nam's exports

Vietnamese businesses need to step up the building of close relationships with partners and associations in the US.
High real estate credit growth raises concern

High real estate credit growth raises concern

State Bank of Vietnam (SBV)’s Governor Nguyễn Thị Hồng said real estate loans by the end of September this year were VNĐ3.15 quadrillion, up 9.15 per cent compared to the end of last year.
Local firms must increase competitiveness to cope with foreign rivals in the domestic market

Local firms must increase competitiveness to cope with foreign rivals in the domestic market

A wave of cheap goods on Chinese e-commerce platforms, such as Taobao, 1688, Shein and Temu, has forced Vietnamese businesses to adapt.
North-South high-speed railway to drive economic growth: official

North-South high-speed railway to drive economic growth: official

Constructing a high-speed railway from the North to the South will create momentum for economic growth, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.
Ten-month results fuel confidence in surpassing growth target

Ten-month results fuel confidence in surpassing growth target

Given the 10-month performance, authorities believed Vietnam's economic growth is likely to surpass this year’s target, and more efforts are being taken to tackle bottlenecks to growth.
VN among the top three ASEAN countries in term of industrial competitiveness

VN among the top three ASEAN countries in term of industrial competitiveness

The industrial sector's share of GDP could be over 40 per cent, with the manufacturing and processing industry alone accounting for around 30 per cent of GDP.
Vietnam cements ties with partners to engage in global semiconductor, AI industries

Vietnam cements ties with partners to engage in global semiconductor, AI industries

By boosting cooperation with reputable partners across the globe, Vietnam is taking steps to gain a foothold in the world’s semiconductor and artificial intelligence (AI) industries.
App developers have many opportunities to further grow: forum

App developers have many opportunities to further grow: forum

App developers in Việt Nam have numerous opportunities and great potential to maximise monetisation and expand their businesses in both Vietnamese and foreign markets, according to experts at the "Future of Monetisation in Việt Nam" forum held in HCM City on Wednesday.
Nearly 30 per cent of vehicles to be electric by 2030

Nearly 30 per cent of vehicles to be electric by 2030

The ministry will also look at mechanisms for exchanging and offsetting carbon credits for projects which convert from fossil fuel vehicles to EVs.
Potential for trade cooperation with Middle East

Potential for trade cooperation with Middle East

With Prime Minister Phạm Minh Chính’s recent visit to the Middle East, a fresh momentum has been established, setting the stage for enhanced trade relations, deeper economic ties, and new areas of cooperation.
Gold demand in Vietnam falls sharply due to rapid increase in prices

Gold demand in Vietnam falls sharply due to rapid increase in prices

(VEN) - According to the World Gold Council, the demand for gold bars and gold coins in Vietnam fell by 33 percent quarter-on-quarter and 10 percent year-on-year, contrary to the global trend. The decline in gold demand in Vietnam is likely due to the sharp increase in gold prices.
CEPA: a stepping stone towards Middle East and Africa markets

CEPA: a stepping stone towards Middle East and Africa markets

Minister of Industry and Trade Nguyễn Hồng Diên highlighted the Việt Nam-UAE Comprehensive Economic Partnership Agreement (CEPA)'s significance, describing it as a breakthrough that will significantly enhance economic, trade, and investment cooperation between the two nations.
MoIT tightens multi-level marketing activities

MoIT tightens multi-level marketing activities

The Ministry of Industry and Trade (MoIT) has asked units under their direction and the departments of industry and trade of provinces and cities to tighten the management of multi-level marketing activities in Việt Nam.
Việt Nam poised to become the third-largest data centre market in ASEAN

Việt Nam poised to become the third-largest data centre market in ASEAN

Việt Nam's data centre industry is set for significant expansion, driven by recent investment reforms and a commitment to enhancing digital infrastructure.
PM pledges to create optimal environment for Qatari investors

PM pledges to create optimal environment for Qatari investors

PM Phạm Minh Chính, who is paying an official visit to Qatar, informed local enterprises about the outcomes of his talks and meetings with the Emir, PM, and other leaders of Qatar, noting that the two sides shared the view that the relations between the two countries are flourishing, but economic partnerships have yet to match their political - diplomatic ties.
Logistics sector must embrace innovative trends to stay competitive

Logistics sector must embrace innovative trends to stay competitive

The Vietnamese logistics industry must adapt to new trends and enhance infrastructure to remain globally competitive, speakers said at an event in HCM City on Thursday.
Ministry of Finance deploys pilot project for smart border gates

Ministry of Finance deploys pilot project for smart border gates

The Ministry of Finance deploys a pilot project for smart border checkpoints at Hữu Nghị (Việt Nam)-Youyi Guan (China) International Border Gate Pair.
Việt Nam spent over US$1.54 billion importing LPG in nine months

Việt Nam spent over US$1.54 billion importing LPG in nine months

Việt Nam imported nearly 2.39 million tonnes of liquefied petroleum gas (LPG), valued at over $1.54 billion over the first nine months of 2024.
Empowering green finance: enhancing legal framework for sustainable growth

Empowering green finance: enhancing legal framework for sustainable growth

Insiders point to incomplete legal frameworks as a major obstacle hindering the growth of the green credit and bond markets.
Moving global supply chains brings opportunities to VN

Moving global supply chains brings opportunities to VN

Associate Professor, Dr Nguyễn Anh Thu, Vice Rector of the University of Economics - Vietnam National University, Hà Nội, spoke to Vietnam News Agency about opportunities and challenges of moving supply chains to Việt Nam.
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Việt Nam

Việt Nam's stock market moves closer to emerging market status amid key policy changes

The swift efforts by the Vietnamese securities regulator to eliminate pre-funding requirements have garnered praise from FTSE Russell and Morgan Stanley.
Vietnam posts trade surplus of 23.31 bln USD in 10 months

Vietnam posts trade surplus of 23.31 bln USD in 10 months

Hanoi – Vietnam posted a trade surplus of 23.31 billion USD during January-October, reported the Ministry of Industry and Trade’s General Statistics Office (GSO).
PM meets Chinese major firms

PM meets Chinese major firms

Yunnan – Prime Minister Pham Minh Chinh met separately with Chinese leading infrastructure and energy corporations in Kunming on November 6 to bolster bilateral cooperation in the areas.
Prime Minister receives ADB President in Kunming

Prime Minister receives ADB President in Kunming

Kunming – Prime Minister Pham Minh Chinh received President of the Asian Development Bank (ADB) Masatsugu Asakawa in Kunming on November 6, within the framework of his attendance at the eighth Greater Mekong Subregion (GMS) Summit and working trip to China.
Industrial production index rises 8.3 per cent in ten months

Industrial production index rises 8.3 per cent in ten months

The Industrial Production Index in October increased by 7 per cent, pushing the increase in the first 10 months to 8.3 per cent, compared to the same time last year.
vietnams role in gms economic cooperation

Vietnam’s role in GMS economic cooperation

At the invitation of Chinese Premier Li Qiang, Prime Minister Pham Minh Chinh is leading a high-level delegation to the 8th Greater Mekong Subregion (GMS) Summit from November 5-8, 2024. On this occasion, he will also attend the 10th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit and the 11th Cambodia-Laos-Myanmar-Vietnam (CLMV) Cooperation Summit and hold working sessions in China.
practical innovations

Practical innovations

Recent cooperation between InfraSen, a start-up in semiconductor technology, and MK Group, a leading company in technology, has shown an encouraging sign of unity between scientists and economists. The MK Group will help produce a thermal image core sensor of InfraSen for domestic and overseas markets. Let’s listen to insiders’ voices about semiconductor device production in Việt Nam!
seven strategic directions to lead the nation into a new era

Seven strategic directions to lead the nation into a new era

In the special feature on the new era—the era of the nation's rise—on October 31, 2024, Party General Secretary To Lam outlined seven strategic directions for the country to embark on this new phase of national development.
delicacy of ha nois autumn

Delicacy of Hà Nội’s autumn

Cốm (young rice) is a delicacy of Hà Nội’s autumn, from which many popular dishes have been created, but it is also being developed in new ways by younger cooks.
vietnam cuba traditional solidarity special friendship

Vietnam-Cuba traditional solidarity, special friendship

Vietnam and Cuba continue to engage in regular bilateral contacts and exchanges at various levels, particularly at the highest levels. The robust political and diplomatic relationship has facilitated significant economic and trade cooperation between the two nations. Currently, Vietnam ranks as Cuba's second-largest trade partner in Asia and stands as the largest foreign investor from the Asian region in Cuba.
Amendment to tax regulation on foreign suppliers proposed

Amendment to tax regulation on foreign suppliers proposed

Under the proposal, the Government plans to clear up rules on foreign businesses which have argued that they do not have a fixed base in Việt Nam.
Lawmakers propose plans for State budget allocation

Lawmakers propose plans for State budget allocation

The 15th National Assembly's eighth session continued in Hanoi on November 5 morning to scrutinise the State budget performance in 2024, the State budget projection and the proposed allocation for 2025.
Finance ministry proposes extending environmental tax cut on fuel products in 2025

Finance ministry proposes extending environmental tax cut on fuel products in 2025

The Ministry of Finance has proposed to continue 50 percent reduction in environmental tax on gasoline (excluding ethanol), oil, and lubricants until the end of 2025 to spur economic growth.
NA deputies call for solutions to ensure the feasibility of drug prevention and control programme

NA deputies call for solutions to ensure the feasibility of drug prevention and control programme

Việt Nam faces not only the risk of becoming a transit hub but also the potential of evolving into a production and distribution centre for international drug trafficking.
Industrial production index rises 8.3 per cent in ten months

Industrial production index rises 8.3 per cent in ten months

The Industrial Production Index in October increased by 7 per cent, pushing the increase in the first 10 months to 8.3 per cent, compared to the same time last year.
Efforts to bring electricity to remote villages of Ha Giang Province

Efforts to bring electricity to remote villages of Ha Giang Province

The northern province of Ha Giang has complex terrain and a sparsely populated community, which poses many challenges to infrastructure investment, particularly in bringing electricity to remote mountainous villages. However, thanks to the efforts of local authorities and the electricity sector, Ha Giang Province is gradually realising the goal of providing electricity to all highland villages.
Vietnamese F&B industry works to catch up with green consumption trend

Vietnamese F&B industry works to catch up with green consumption trend

By promoting the use of green materials and technologies in production, Vietnam will win the world food and beverage market which is switching to the green consumption trend, according to experts.
PM calls for Qatar

PM calls for Qatar's support for energy development in Việt Nam

The Vietnamese leader made the call at a reception for Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs of Qatar and CEO of Qatar Energy - a state-owned oil and gas corporation in Qatar and one of the world's leading LNG producers.
Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

Foxconn's Shunsin Technology Việt Nam is seeking an environmental permit for a US$80 million chip manufacturing project in Bắc Giang province.
Da Nang to invest additional 16 million USD into software park

Da Nang to invest additional 16 million USD into software park

The People's Council of Da Nang city has approved the adjusted pre-feasibility study report for the development of Software Park No 2, proposed by the municipal People's Committee.
PM receives heads of leading investment firm, authority of Qatar

PM receives heads of leading investment firm, authority of Qatar

Vietnamese Prime Minister Pham Minh Chinh have received leaders of the JTA International Investment Holding and the Qatar Investment Authority (QIA) in Doha as part of his official visit to the Middle Eastern country.
Forum suggests suitable orientations for green development strategy in Lam Dong

Forum suggests suitable orientations for green development strategy in Lam Dong

An investment forum entitled “Lam Dong Green Plateau — Sustainable Green Transformation: Opportunities for Investors” took place in Da Lat City, in the Central Highlands province of Lam Dong, on the afternoon of October 30.
Việt Nam

Việt Nam's stock market moves closer to emerging market status amid key policy changes

The swift efforts by the Vietnamese securities regulator to eliminate pre-funding requirements have garnered praise from FTSE Russell and Morgan Stanley.
Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

Ayudhya Public Bank Limited (Krungsri), a member of Japan's MUFG Group, has proposed to the Saigon - Hanoi Commercial Joint Stock Bank (SHB) that it will speed up the acquisition of the remaining 50% of SHBFinance’s charter capital.
Finance ministry proposes two price management scenarios for year-end

Finance ministry proposes two price management scenarios for year-end

The Ministry of Finance has released two price management scenarios to control inflation until the end of the year.
Banking sector prioritises support for import-export firms

Banking sector prioritises support for import-export firms

Affordable bank credit has supported businesses in key sectors that drive the country’s economic growth, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City office, told a conference on October 31.
The 2024 Vietwater & WETV exhibitions open in HCMC

The 2024 Vietwater & WETV exhibitions open in HCMC

The international exhibitions on water supply, sanitation, water resources and purification (Vietwater 2024) and on waste treatment and environment technology (WETV 2024) have opened in Ho Chi Minh City (HCMC).
Workshop looks to address environmental management issues in industrial areas

Workshop looks to address environmental management issues in industrial areas

The State Audit Office of Vietnam (SAV) hosted a workshop in Hanoi on November 5, bringing together top auditors from ASEAN member states to share experience in handling environmental management challenges in industrial clusters and craft villages.
More accurate forecasts at all levels needed to reduce coastal disaster risk

More accurate forecasts at all levels needed to reduce coastal disaster risk

Establishing different warning levels for natural disaster risks will help minimise damage and overcome the consequences of natural disasters.
Nearly-98-million-USD environment project inaugurated in Ninh Thuan

Nearly-98-million-USD environment project inaugurated in Ninh Thuan

The Phan Rang-Thap Cham city sub-project – part of the Coastal Cities Sustainable Environment Project funded by the World Bank Group was inauguarted in the south-central province of Ninh Thuan on November 2 with improved infrastructure works that can benefit 69,000 local residents.
Practical innovations

Practical innovations

Recent cooperation between InfraSen, a start-up in semiconductor technology, and MK Group, a leading company in technology, has shown an encouraging sign of unity between scientists and economists. The MK Group will help produce a thermal image core sensor of InfraSen for domestic and overseas markets. Let’s listen to insiders’ voices about semiconductor device production in Việt Nam!
Technology “key” to attract FDI

Technology “key” to attract FDI

(VEN) - According to Nguyen Van Toan, Vice President of the Association of Foreign Investment Enterprises (VAFIE), apart from environmental factors, technology plays an important role, not only in economic development, but also in the race to attract foreign direct investment.
HCM City partners with Google for Education in digital transformation

HCM City partners with Google for Education in digital transformation

Tim Paolini, Director of Google for Education for Asia-Pacific and Middle East, had a working session with representatives of the Ho Chi Minh City People’s Committee on November 1 to discuss cooperation orientations for digital transformation in education.
Việt Nam develops

Việt Nam develops 'purely Vietnamese' generative AI

Many businesses in Việt Nam have quickly seized the opportunity and boosted investment to master the new technology.
1,400 ha Phu My port planned in Binh Dinh

1,400 ha Phu My port planned in Binh Dinh

(VEN) - On November 4, the People’s Committee of Binh Dinh Province sent an official dispatch to the Ministry of Transport proposing the additional planning of Phu My port area which will c​​over an area of 1,400 ha, belonging to Binh Dinh seaport.
Prime Minister orders strict action on

Prime Minister orders strict action on 'Three Nos' fishing vessels by November 20

Prime Minister Phạm Minh Chính ordered authorities to launch a strict campaign to combat fishing vessels that lack proper documentation and fail to meet legal standards for fishing activities.
WB, Switzerland help boost Viet Nam’s sustainable urban development

WB, Switzerland help boost Viet Nam’s sustainable urban development

The Swiss Government and the World Bank (WB) on Monday signed an agreement to promote green and resilient growth in Viet Nam’s major cities.
VRA proposes over $7.2b for Lào Cai-Hà Nội-Hải Phòng-Quảng Ninh Railway project

VRA proposes over $7.2b for Lào Cai-Hà Nội-Hải Phòng-Quảng Ninh Railway project

The project aims to meet the growing demand for rail and to maximise the line’s capacity.
Hà Nội’s Phú Xuyên District promotes OCOP craft village products through digital channels

Hà Nội’s Phú Xuyên District promotes OCOP craft village products through digital channels

Phú Xuyên has 231 OCOP products, with 70 per cent coming from craft villages, which helps preserve traditional culture and expand market reach.
190 businesses win Vietnam National Brand Award 2024

190 businesses win Vietnam National Brand Award 2024

A total of 359 products from 190 businesses were honoured with the National Brand Award 2024 at a ceremony held in Hanoi on November 4 evening.
Vietnamese AI firms have many chances of development

Vietnamese AI firms have many chances of development

Demand in the domestic market along with a series of new regulations and policies are supporting for the Vietnamese AI start-up community to develop.
Cooperatives play significant role in OCOP product development

Cooperatives play significant role in OCOP product development

(VEN) - Vietnam has so far developed over 14,000 3-star or higher-ranking OCOP products. Specifically, 72.1 percent of the products are 3-star, 25.8 percent are 4-star, and 2.1 percent are 5-star or potential 5-star products).
tcty-dau-khi-vn-pv-power-2022
Famous musical star Philip Quast to perform and share experiences in Hà Nội

Famous musical star Philip Quast to perform and share experiences in Hà Nội

The famous bass-baritone singer, who is best known for his role as Inspector Javert in the stage musical Les Misérables and in the Les Misérables: The Dream Cast in Concert, will be performing his show, The Road I Took.

'Cải lương' guru performs in TV programme

People’s Artist and cải lương (reformed opera) guru Lệ Thuỷ is working in a special TV show produced by the Hồ Chí Minh City Television (HTV) and its partners.
Calligraphy exhibition highlights literary masterpieces

Calligraphy exhibition highlights literary masterpieces

The exhibition features 18 writers from all over the country. Each has a different profession, but they all share a love of Vietnamese calligraphy and a desire to spread this passion for art to as many people as possible.
VN int’l fashion week Fall/Winter 2024 prepares to open

VN int’l fashion week Fall/Winter 2024 prepares to open

Sixteen international and Vietnamese fashion designers and brands will display their latest collections at the Aquafina Việt Nam International Fashion Week (AVIFW) Fall/Winter 2024 held in Hà Nội from November 13-16.
Govt plans survey for tourism resources

Govt plans survey for tourism resources

The Ministry of Culture, Sports and Tourism, in coordination with the People's Committee of Bà Rịa-Vũng Tàu Province, has launched a survey on tourism resources across the country.
Time Out lists Vietnam among Top 5 Memorable Christmas Escapes in Asia

Time Out lists Vietnam among Top 5 Memorable Christmas Escapes in Asia

British magazine Time Out has unveiled a list of the Top 5 Memorable Christmas Escapes in Asia, with Vietnam and its stunning natural beauty and a distinctive heritage being placed in second position.
Foreign travellers

Foreign travellers' interest in northern regions still strong after typhoon

Digital travel platform Agoda has recently revealed that traveler interest in key northern regions of Việt Nam has remained encouraging following the damage wrought by Typhoon Yagi, which made landfall on September 7.
Ninh Bình Festival to boost historical heritages of VN’s former capitals

Ninh Bình Festival to boost historical heritages of VN’s former capitals

From November 24 to 30 in Ninh Bình City and Hoa Lư District – the former capital of Việt nation from 968 to 1009 - the festival aims to portray glorious historical milestones and 'decode' the cultural values of the ancient capital.
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