Hà Nội

Hà Nội's strengths draw in foreign investors

Hà Nội's outstanding advantages in attracting foreign direct investment are its geographical location, skilled workers and administrative reforms.
More than 136,000 new companies founded in past ten months

More than 136,000 new companies founded in past ten months

Their total registered capital is VNĐ1.3 quadrillion (US$512.7 billion), up 4.1 per cent compared to the first ten months of 2023.
Bad debts expected to slow next time despite rising in nine months

Bad debts expected to slow next time despite rising in nine months

According to banks’ financial reports released recently, many banks, including large-scale banks, recorded an increase in bad debts in Q3 2024.
Vietnam’s WTO journey: From economic integration to global trade powerhouse

Vietnam’s WTO journey: From economic integration to global trade powerhouse

Vietnam's signing of the World Trade Organisation (WTO) accession protocol in Geneva on November 7, 2006, and its subsequent entry as the organisation's 150th member on January 11, 2007, marked a pivotal turning point in the nation's development. Over the past 18 years, this membership has strengthened Vietnam’s position in global value chains while demonstrating its strong commitment to international economic integration.
Vietnamese economy shows moderate growth, says Standard Chartered

Vietnamese economy shows moderate growth, says Standard Chartered

Vietnam’s macroeconomic data for October is anticipated to show a moderation in growth compared to September, although key economic areas remain relatively robust, according to Standard Chartered Bank’s recent macro-economic update.
10-month FDI capital into Vietnam surpasses US$27 billion

10-month FDI capital into Vietnam surpasses US$27 billion

The total registered capital for new investments, adjustments, and share purchases by foreign investors in Vietnam reached nearly US$ 27.3 billion after 10 months, a 2% increase compared to the same period in 2023, according to the Foreign Investment Agency.
Trinity Forum 2024 helps Vietnam’s airport retail take flight

Trinity Forum 2024 helps Vietnam’s airport retail take flight

The Trinity Forum 2024, the world's premier airport retail trade forum, kicked off in Ho Chi Minh City on November 5 under the theme “Driving Innovation to Stay Relevant in a Rapidly Changing Consumer Landscape”.
Foreign experts inspect Vietnam’s conditions for stock market upgrade

Foreign experts inspect Vietnam’s conditions for stock market upgrade

The State Securities Commission (SSC) held a working session with representatives from FTSE Russell and Morgan Stanley in Hanoi on November 4 to examine the upgrade of the Vietnamese stock market.
Foreign suppliers pay over VNĐ18 trillion in taxes via electronic portal

Foreign suppliers pay over VNĐ18 trillion in taxes via electronic portal

A total of 115 foreign suppliers have registered and paid taxes through the electronic portal, contributing over VNĐ18 trillion (US$711.88 million) to the state budget, according to the Ministry of Finance’s General Department of Taxation (GDT).
Hà Nội takes drastic measures to disburse public investment

Hà Nội takes drastic measures to disburse public investment

Hà Nội is currently in a critical phase of disbursing public investment, aiming to fully allocate funds to boost capital efficiency, speed up infrastructure development, and strengthen the city’s competitiveness.
Brand management will help sustainable business development, experts say

Brand management will help sustainable business development, experts say

A brand is not simply a name, logo or slogan, but also the entire experience for customers interacting with a product or service, making the enterprises easily recognisable compared to other businesses in the same industry or field.
Specific roadmap for removal of credit rooms needed

Specific roadmap for removal of credit rooms needed

The topic of credit growth limits, commonly termed 'credit rooms', has gained renewed attention after a State Bank of Việt Nam (SBV) official announced that the SBV is considering a gradual removal of the credit growth quota policy, following the guidance of the National Assembly and the Government.
Vietnam targets a US$300-billion green economy by 2050

Vietnam targets a US$300-billion green economy by 2050

(VEN) - Vietnam has set ambitious goals of achieving net-zero emissions and increasing the value of its green economy from US$6.7 billion in 2020 to US$300 billion by 2050.
Numerous US businesses set to arrive in HCM City to implement signed agreements

Numerous US businesses set to arrive in HCM City to implement signed agreements

Leading US investment funds and over 30 businesses will visit HCM City to seek investment opportunities.
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.
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.
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North-South express railway – driving force to spawn new support industries

North-South express railway – driving force to spawn new support industries

The North-South express railway project will create a significant opportunity for Vietnam's mechanical and construction industries to advance in technology.
MM Mega Market holds groundbreaking ceremony for Da Nang MM Supercenter

MM Mega Market holds groundbreaking ceremony for Da Nang MM Supercenter

On November 8, MM Mega Market (Vietnam) held a groundbreaking ceremony for the Da Nang MM Supercenter, located at Nguyen Sinh Sac Street, Hoa Khanh Nam Ward, Lien Chieu District, Da Nang City.
State President’s visit to forge deeper ties with Chile, Peru

State President’s visit to forge deeper ties with Chile, Peru

State President Luong Cuong’s official visits to Chile and Peru and attendance at the 2024 APEC Economic Leaders’ Week in Lima from November 9 – 16 will help consolidate the traditional friendship and enhance political confidence with the two nations and the Latin American region while deepening the relationship with the APEC member states, according to Deputy Foreign Minister Nguyen Minh Hang.
Prime Minister meets Vietnamese community in China

Prime Minister meets Vietnamese community in China's Chongqing city

Prime Minister Pham Minh Chinh met Vietnamese students and representatives of the Vietnamese community in Chongqing city on November 8, as part of his trip to China to attend the eighth Greater Mekong Subregion (GMS) Summit, and hold working activities in the neighbouring country.
Vietnam and Chile to further deepen comprehensive partnership

Vietnam and Chile to further deepen comprehensive partnership

Vietnamese President Luong Cuong on November 8 began an official visit to Chile at the invitation of Chilean President Gabriel Boric Font, aiming to foster new momentum, deepen the comprehensive partnership between the two countries, and make it more effective and practical.
vietnams key contributions to acmecs

Vietnam's key contributions to ACMECS

Vietnam officially joined the Ayeyawady - Chao Phraya - Mekong Economic Cooperation Strategy (ACMECS) at the first ACMECS Ministerial Meeting in Thailand in November 2004. As an active and responsible member, Vietnam has made and continues to make significant contributions to ACMECS.
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.
New regulations on mergers, consolidation of credit institutions proposed

New regulations on mergers, consolidation of credit institutions proposed

HÀ NỘI — The State Bank of Việt Nam (SBV) has proposed new regulations on the mergers and consolidation of credit institutions, to ensure the safety and legitimate rights of customers and creditors.
Vietnam gives top priority to relations with China: PM

Vietnam gives top priority to relations with China: PM

Kunming – Developing relations with China is a consistent policy, an objective requirement, a strategic choice, and a top priority in Vietnam's foreign policy, Prime Minister Pham Minh Chinh told Chinese Premier Li Qiang at their talks in Kunming city in China’s Yunnan province on November 7.
PM puts forth proposals to develop new-generation GMS economic corridors

PM puts forth proposals to develop new-generation GMS economic corridors

Kunming – Vietnamese Prime Minister Pham Minh Chinh joined leaders of Cambodia, Laos, Myanmar, Thailand and China as well as heads of the Asian Development Bank (ADB) and regional and international organisations at the 8th Greater Mekong Sub-region (GMS) Summit which opened in Kunming city in China’s Yunnan province on November 7.
Vietnam proactively raises initiatives within CLMV

Vietnam proactively raises initiatives within CLMV

Since the establishment of the Cambodia-Laos-Myanmar-Vietnam (CLMV) cooperation mechanism, Vietnam has consistently acted as an active and responsible member, making significant contributions to the mechanism.
North-South express railway – driving force to spawn new support industries

North-South express railway – driving force to spawn new support industries

The North-South express railway project will create a significant opportunity for Vietnam's mechanical and construction industries to advance in technology.
Automotive support industry strives to become spare part supplier

Automotive support industry strives to become spare part supplier

HÀ NỘI — The demand for transport in Việt Nam has been increasing rapidly, with experts saying that the market shows a lot of potential for automobile and motorbike manufacturers and traders.
Việt Nam’s auto industry strives to reach global recognition

Việt Nam’s auto industry strives to reach global recognition

HÀ NỘI — The domestic automobile industry is undergoing a significant transformation as it increasingly integrates into global markets and attracts foreign investment, according to automobile experts.
Vietnam’s path to sustainable semiconductor industry

Vietnam’s path to sustainable semiconductor industry

(VEN) - Vietnam’s semiconductor industry development strategy aims to reach an annual revenue of over US$25 billion in the 2024-2030 period, US$50 billion in the 2030-2040 period, and US$100 billion in the 2040-2050 period.
Hanoi attracts 1.6 billion USD in FDI in ten months

Hanoi attracts 1.6 billion USD in FDI in ten months

Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.
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.
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.
Yinxing becomes 7th typhoon to hit Việt Nam in 2024

Yinxing becomes 7th typhoon to hit Việt Nam in 2024

Over the next 72 to 120 hours, the typhoon is forecasted to move southwestward at a slower pace of between 10 and 15 km/h, with its intensity continuing to diminish.
Environment ministry calls for reassessment of Red River Basin flood safety measures

Environment ministry calls for reassessment of Red River Basin flood safety measures

HÀ NỘI — The Ministry of Natural Resources and Environment has issued a series of highly urgent priorities requiring immediate action concerning the operation of the interconnected reservoir system within the Hồng (Red) River basin.
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.
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.
Việt Nam’s path to sustainable poverty reduction

Việt Nam’s path to sustainable poverty reduction

Poverty reduction is now one of Việt Nam’s three national target programmes, with the 2021–2025 phase aiming for a one to 1.5 per cent annual reduction in multidimensional poverty and a fall of over 3 per cent for ethnic minority households.
Metro line connecting capital with airport needed

Metro line connecting capital with airport needed

Residents of Hanoi increasingly yearn for a metro line linking the Noi Bai International Airport to reduce the costs and travel times for both locals and tourists.
Military aircraft crash in Binh Dinh: Both pilots found safe

Military aircraft crash in Binh Dinh: Both pilots found safe

Both pilots involved in a military aircraft crash, which occurred during a training flight over Tay Xuan commune in the south central province of Binh Dinh’s Tay Son district on November 6, were found safe at night of the same day.
Shortage of vaccines is due to procurement procedures: MoH

Shortage of vaccines is due to procurement procedures: MoH

Many localities have requested the Ministry of Health to continue acting as the central procuring authority for vaccines and to allocate them to localities.
Vietnamese Goods Week brings vibrant showcase to Thai province

Vietnamese Goods Week brings vibrant showcase to Thai province

The annual Vietnamese Goods Week has arrived in Udon Thani province of Thailand, transforming it into a vibrant marketplace for Vietnamese products.
Sóc Trăng’s ST25 fragrant rice awarded 5-star OCOP rating

Sóc Trăng’s ST25 fragrant rice awarded 5-star OCOP rating

Sóc Trăng Province's OCOP Council was recently granted the prestigious 5-star rating to ST25 fragrant rice from Trần Đề District, reinforcing its status as a high-quality local product.
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.
tcty-dau-khi-vn-pv-power-2022
Great Solidarity of Ethnic Groups Week to take place next week

Great Solidarity of Ethnic Groups Week to take place next week

The Great Solidarity of Ethnic Groups - Vietnamese Cultural Heritage Week 2024 will take place at the Vietnam National Village for Ethnic Culture and Tourism in Hanoi from November 16-24, according to the Ministry of Culture, Sports and Tourism.
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.
Cao Bang eyes new opportunities for cross-border tourism development

Cao Bang eyes new opportunities for cross-border tourism development

The Ban Gioc (Vietnam) - Detian (China) Waterfall site, which officially opened to tourists from October 15, offers opportunities to the northern border province of Cao Bang to develop cross-border and green tourism models between Vietnam and China.
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.
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