Economy

State-owned securities company trails competitors

09:52 | 20/11/2024 Economy

The securities subsidiaries of the Big4 banks remain relatively unremarkable, leaving limited impact on the market.

Trade growth between Việt Nam and Americas promoted by FTAs

09:31 | 20/11/2024 Economy

According to the Ministry of Industry and Trade, in the first ten months of 2024, Việt Nam's trade value with the Americas region reached more than US$136.5 billion, an increase of 20.7 per cent over the same period in 2023.

Tax shift: e-commerce platforms could shoulder seller tax responsibilities

09:21 | 20/11/2024 Economy

The proposed amendment would require platforms like Facebook, Apple and Netflix, which generate revenues in Việt Nam, to register and pay taxes directly or through authorised representatives starting January 1, 2025.

Vietnam emerges as forerunner in global nearshoring trend

11:04 | 19/11/2024 Economy

Vietnam has emerged as a leading destination for companies relocating their production facilities, aiming to protect supply chains from potential disruptions, according to an article published by Brazil’s riotimesonline.com on November 17.

Vietnam resolved to boost digital economy with national action plan

09:55 | 21/11/2024 Economy

Vietnam has adopted a national action plan on digital economy development, which outlines key tasks and solutions for the 2024-2025 period.

Supply chain transparency, green production needed to promote VN's exports to the UK

09:37 | 21/11/2024 Economy

To effectively exploit the UKVFTA, exporters are urged to launch transparent supply chains, invest in green production and not use plastic packaging.

Việt Nam, Dominican Republic to expand business & investment cooperation, especially telecom, agriculture, tourism

09:19 | 21/11/2024 Economy

Vietnamese Prime Minister Phạm Minh Chính and President of the Dominican Republic Luis Abinader Corona expressed their satisfaction with the positive strides in the bilateral friendship and cooperation, particularly in politics-diplomacy, economy, trade, and development cooperation, as well as their mutual support at multilateral forums.

Vietnam attends PLMA's 2024 Private Label Trade Show in US

11:00 | 19/11/2024 Economy

Twenty-one Vietnamese enterprises are showcasing their products at the Private Label Manufacturers' Association (PLMA) 2024 Private Label Trade Show, which is taking place from November 17-19 at the Rosemont Exhibition Centre in Chicago, the US.

VN must do more in collecting business owner information

10:31 | 19/11/2024 Economy

Việt Nam must do more in monitoring and managing information about who own and who are beneficiaries of businesses, said participants at a seminar organised by the Department of Business Registration under the Ministry of Planning and Investment on Monday.

Road freight remains key in Southeast Asia, including Việt Nam

09:55 | 19/11/2024 Economy

Road transport of goods will continue to play a critical and increased role in Southeast Asia including Việt Nam as companies look to build more resilient supply chains, experts have said.

US affirms Việt Nam not manipulating currency

09:35 | 19/11/2024 Economy

In its latest report the US Department of the Treasury said that Việt Nam does not manipulate currency.

Switzerland aids over 3.34 million USD to develop circular economy in Vietnam

14:08 | 18/11/2024 Economy

Deputy Minister of Planning and Investment Do Thanh Trung has announced that his ministry received over 3.34 million USD funded by Switzerland’s State Secretariat for Economic Affairs (SECO) to promote circular economy and mitigate climate change impacts in industrial zones in Vietnam.

Vietnam’s industrial real estate attracts foreign investment

11:14 | 18/11/2024 Economy

Vietnam's industrial sector is experiencing significant transformation, supported by strong foreign direct investment (FDI) flows, large-scale infrastructure projects, and a favourable regulatory environment, thus attracting a new wave of investment from foreign investors, experts have said.

Bird nest production in central province aims at sustainability

11:03 | 18/11/2024 Economy

More efforts should be put into developing a sustainable model for Dak Lak's swallow nest industry said participants at a conference organised by the Province's Department of Agriculture and Rural Development.

Central bank issues new decisions on deposit interest rates

10:57 | 18/11/2024 Economy

According to the SBV, Decision No. 2410/QĐ-NHNN and Decision No. 2410/QĐ-NHNN aim to ensure consistency on a legal basis with other issued circulars on deposit interest rates.

Should Việt Nam implement VAT on fertilisers?

10:53 | 18/11/2024 Economy

A contentious debate has arisen over whether Việt Nam should impose a 5 per cent VAT on fertilisers to boost local production or retain the current tax exemption to support farmers.

Việt Nam needs to build a strategy for disaster risk financing and insurance

10:39 | 18/11/2024 Economy

The country’s current financial capacity covers only about 21 per cent of the need for relief and recovery after natural disasters.

Exchange rate fluctuations bring huge profits to many banks

10:34 | 18/11/2024 Economy

The total net profit from the foreign exchange trading segment of 29 banks in the first three quarters of 2024 reached more than VNĐ19.62 trillion.

PM urges IMF to continue supporting Việt Nam's macroeconomic development

17:07 | 17/11/2024 Economy

Prime Minister Phạm Minh Chính received a delegation of the International Monetary Fund (IMF)'s 2024 Article IV Mission to Việt Nam led by its head Paulo Medas in Hà Nội on November 15.

HCM City aims to become Southeast Asian logistics hub

21:59 | 16/11/2024 Economy

HCM City is set to enhance its logistics sector to become a key logistics hub in Southeast Asia by 2030, leveraging global supply chain opportunities.

IFC's investment capital in Việt Nam reached over US$1.6 billion

10:21 | 16/11/2024 Economy

IFC scaled up its long-term investment in Việt Nam with a strong focus on climate finance.

Trước Sau

Latest Most Read

Lunar New Year holiday to span nine days

10:32 | 27/11/2024 Policy

Hanoi – Prime Minister Pham Minh Chinh has approved a nine-day holiday for the 2025 Lunar New Year (Tet) – Vietnam’s largest traditional celebration.

Vietnamese, Chinese border localities boost education cooperation

10:25 | 27/11/2024 Society

In 2024, the Guangxi Zhuang Autonomous Region awarded many scholarships to students of the Vietnamese localities, including 18 undergraduate and two master’s ones for Hà Giang.

Vietnam’s real estate market among most promising in Asia-Pacific: Knight Frank

10:25 | 27/11/2024 Economy

Vietnam’s residential property market has captured the attention of High-Net-Worth Individuals (HNWIs) and investors, driven by strong GDP growth, urbanisation, and its strategic role in the “China+1” strategy, according to Knight Frank’s report.

Việt Nam, Denmark strengthen cooperation for green, sustainable future

10:21 | 27/11/2024 Cooperation

The two leaders agreed to strengthen high-level delegation exchanges, establish a Friendship Parliamentarians’ Group, and share experiences in legislative affairs and supervision.

Businesses struggle to export products without carbon emissions reduction plans, say forum experts

10:20 | 27/11/2024 Economy

If manufacturing firms do not plan to reduce carbon emissions then their exported products will struggle to remain competitive and retain their position in the market, said experts at a green economy forum held in Hanoi on November 26.

Petrovietnam grows strongly thanks to volatility management

07:29 | 24/11/2024 Companies

(VEN) - In the context of market volatility with complicated developments from epidemics, economic crises, to geopolitical instability, the proactive management of volatility of the Vietnam National Oil and Gas Group (Petrovietnam) has helped the group not only steadily overcome numerous difficulties, but also take advantages of new opportunities to set many records in production and business activities and make great contributions to the country’s economic growth.

Top Vietnamese leader concludes official visit to Malaysia

16:33 | 23/11/2024 News and Events

Kuala Lumpur – General Secretary of the Communist Party of Vietnam Central Committee To Lam, his spouse and a high-ranking delegation of Vietnam left Kuala Lumpur at noon on November 23, wrapping up their three-day official visit to Malaysia, at the invitation of Prime Minister Dato’ Seri Anwar Ibrahim and his spouse.

New Zealand announces new government scholarship for Vietnamese students

18:21 | 23/11/2024 Society

Education New Zealand (ENZ) recently announced the New Zealand Universities Awards (NZUA), a provider-based and government-supported scholarship initiative designed for Vietnamese students pursuing undergraduate studies in New Zealand.

Vietnam prioritises education for youths on friendship, solidarity with Cambodia: NA leader

18:19 | 23/11/2024 Cooperation

Vietnam places high importance on educating young people about the preservation and development of the country’s friendship and special solidarity with Cambodia, said National Assembly (NA) Chairman Tran Thanh Man at his meeting with former Cambodian NA President Samdech Heng Samrin in Phnom Penh on November 23.

MoT view on raising emission standards for scooters from 2027

19:46 | 23/11/2024 Environment

(VEN) - The Prime Minister Notice No.518/TB – VPCP released recently by the Government Office has demonstrated the political determination and responsibility of enterprises in implementing the Party’s policies and the State’s laws and policies on environmental protection.

Multimedia

Video Longform Infographic Photo

Vietnam, Bulgaria strengthen traditional friendship and multifaceted cooperation

08:56 | 26/11/2024 Infographic

At the invitation of President Luong Cuong, President of Bulgaria Rumen Radev and his spouse are on an official visit to Vietnam from November 24 to 28. This is the first visit to Vietnam by a Bulgarian president in 11 years, and also the first trip to the Southeast Asian country by President Radev.

Banning motorbikes - a complex issue

09:32 | 24/11/2024 Society

Hà Nội is facing a serious problem because of polluted air and traffic congestion. Authorities plan to limit motorbikes in inner districts after 2025 and them gradually ban reduce the number of bikes on the roads from 2030. Are motorbikes the problem? Will this help ease congestion? Watch our video and tell us your comments.

Strengthening Vietnam-Cambodia friendship and cooperation

09:00 | 22/11/2024 Infographic

Chairman of the National Assembly Tran Thanh Man leads a high-ranking delegation to make an official visit to Cambodia, and attend some international events hosted by the neighboring country on November 21 to 24.

Vietnam - Malaysia Strategic Partnership

10:54 | 21/11/2024 Infographic

Since the establishment of diplomatic relations, the relationship between Vietnam and Malaysia has been continuously strengthened and developed positively across all areas, especially since it was upgraded to a Strategic Partnership in August 2015.

Vietnam, Dominican Republic strengthening cooperation

08:45 | 20/11/2024 Infographic

At the invitation of Dominican President Luis Rodolfo Abinader Corona and his spouse, Prime Minister Pham Minh Chinh and his spouse, accompanied by a high-level Vietnamese delegation, pay an official visit to the Dominican Republic from November 19 to 21, 2024. This visit holds significant importance as it marks the first official trip by a Vietnamese leader to the Dominican Republic, taking place ahead of the 20th anniversary of diplomatic ties between the two nations (July 7, 2005 – July 7, 2025).

Policy

Lunar New Year holiday to span nine days

10:32 | 27/11/2024 Policy

Hanoi – Prime Minister Pham Minh Chinh has approved a nine-day holiday for the 2025 Lunar New Year (Tet) – Vietnam’s largest traditional celebration.

Party Central Committee concludes 13th Conference with major resolutions for reform and national development

16:37 | 25/11/2024 Policy

Speaking at the meeting, General Secretary Tô Lâm summarised the key outcomes of the conference and highlighted the work required going ahead. He noted that the Central Committee had achieved a high level of consensus on its determination to review and streamline the organisational structure of the political system.

New decree on using telecommunications accounts for payment proposed

09:29 | 22/11/2024 Policy

Currently, the use of a telecommunications account to pay for small-value goods and services in the country, called Mobile-Money service, is being implemented in a pilot programme.

Parliament approves amendments to pharmacy law

08:54 | 22/11/2024 Policy

On drug price management, the NA Standing Committee reviewed and concurred with the Government’s proposal to implement measures for publishing projected wholesale prices for prescription drugs.

Industry & Trade

Vietnam seeks Danish assistance in green energy development

11:21 | 26/11/2024 Energy

Deputy Prime Minister Tran Hong Ha emphasized Vietnam’s desire for Danish firms to increase investments in green energy development during his meetings with leaders of Denmark’s leading corporations and the Confederation of Danish Industry (DI) as part of his working tip to Denmark on November 25.

Huge potential for VN, UK to boost cooperation in clean energy

15:29 | 25/11/2024 Energy

There is a huge potential for Việt Nam and the UK to enhance cooperation in clean energy, as both countries have set ambitious goals for carbon neutrality moving towards a sustainable future, experts have said.

Vietnam’s automotive supporting industry: A bright future ahead, riding the wave of growth

20:42 | 22/11/2024 Industry

(VEN) - In recent years, the demand for transportation vehicles in Vietnam has surged rapidly, making the market highly promising, as assessed by experts.

VN's food processing industry struggles to improve quality and value chain integration

11:36 | 22/11/2024 Industry

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.

Investment

Japanese retailer Aeon to break ground on 4th shopping mall in Northern Vietnam

15:54 | 25/11/2024 Investment

Japan’s Aeon Mall Vietnam will start construction of a VND5.14 trillion ($202.2 million) shopping center project in the northern province of Quang Ninh, home to UNESCO natural heritage site Ha Long Bay, on December 2, according to provincial authorities.

Thai packaging giant takes 30-year lease for largest ready-built factory in Tay Ninh

16:58 | 22/11/2024 Investment

Thantawan Industry Public Company Limited, a leading plastic bag and straw manufacturer with more than 40 years of experience in Thailand, officially took out a landmark 30-year lease for a ready-built factory at Phuoc Dong Industrial Park, the southern province of Tay Ninh.

Workshop seeks ways to attract Japan’s green investment to Vietnam

09:43 | 20/11/2024 Investment

A workshop was held in Tokyo on November 18 to introduce to Japanese businesses investment trends in Vietnam and its pioneering industrial parks with carbon neutral initiatives.

Government approves investment policy to build Cam Lien Industrial Park in Quang Binh

16:57 | 18/11/2024 Investment

On November 16, the leader of the Quang Binh Provincial Economic Zone Management Board said that the Government had just approved the investment policy for Cam Lien Industrial Park.

Finance-Banking

Bac Ninh Province meets business needs for year-end loans

17:02 | 26/11/2024 Finance-Banking

(VEN) - To ensure the sufficiency of loans for manufacturing businesses toward year’s end, many credit institutions in Bac Ninh Province have launched new credit packages with preferential interest rates.

Promoting credit for key agricultural sectors in Mekong Delta

11:11 | 25/11/2024 Finance-Banking

The Mekong Delta contributes 95% of Vietnam’s rice exports and accounts for 60% of the country’s total seafood export value. Recently, fruit exports have shown strong growth, with various fruits entering new markets. However, numerous credit-related obstacles are creating challenges regarding agricultural production loans in the region.

HDBank wins three awards at Vietnam Listed Company Awards 2024

10:53 | 21/11/2024 Finance-Banking

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HoSE: HDB) has received three prestigious awards at the Vietnam Listed Company Awards 2024, highlighting its leadership in the banking sector, as well as its dedication to transparency and governance.

VIB, Flywire partner to streamline cross-border payments for students from Vietnam

16:46 | 18/11/2024 Finance-Banking

Vietnam International Bank (VIB) has announced a partnership with Flywire, a global payments enablement and software company based in Boston, to enable Vietnamese payers to digitally pay international education-related fees in their local currency to higher education institutions all over the world.

Environment

Businesses support Vietnam’s net zero target

16:18 | 25/11/2024 Environment

(VEN) - Vietnam has set a goal of achieving net-zero carbon emissions by 2050 to combat global climate change. To support the Government in achieving this target, many businesses have introduced various greenhouse gas reduction solutions.

Prolonged rainfall and landslides disrupt life in central region

15:43 | 25/11/2024 Environment

Provincial authorities are monitoring weather developments closely and evacuating residents from flood-prone and high-risk areas.

Tough negotiations to prevent Earth’s warming

10:38 | 24/11/2024 Environment

The 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) in Baku, Azerbaijan, has failed to find common ground on the major issue of climate finance in the final hours of negotiations. Irreconcilable differences between countries are hampering global efforts to prevent Earth’s warming.

MoT view on raising emission standards for scooters from 2027

19:46 | 23/11/2024 Environment

Science - Technology

Global experts delve into earth, environmental sciences at int’l Vietnam confab

09:59 | 27/11/2024 Science - Technology

The fourth International Vietnam Conference on Earth and Environmental Sciences is taking place in the south-central province of Binh Dinh from November 26-29, bringing together nearly 130 prominent experts from around the world.

TECHFEST Vietnam 2024 crowns winners for innovation in healthcare and sustainability

17:06 | 26/11/2024 Science - Technology

The TECHFEST Vietnam 2024 National Creative Startup Talent Search Competition announced its winners on Tuesday, with the top teams recognised for their innovative solutions in healthcare and sustainable green development.

MoU signed to foster Vietnam-Canada cooperation in science, technology

17:04 | 25/11/2024 Science - Technology

In preparation for cooperation in training human resources in science and technology, a delegation of the Vietnam Higher Education Network of Entrepreneurship & Innovation (VNEI) has recently signed a Memorandum of Understanding (MoU) with the Colleges and Institutes Canada (CICAN) on the occasion of their participation in the Canadian Bureau for International Education Conference.

First Vietnamese scientist named at UK’s TechWomen 100 Awards

17:00 | 25/11/2024 Science - Technology

With outstanding achievements in biotechnology, Dr Nguyen Thuy Ba Linh from University College London (UCL) has become the first Vietnamese scientist to win the UK's TechWomen 100 Awards.

Society

Vietnamese, Chinese border localities boost education cooperation

10:25 | 27/11/2024 Society

In 2024, the Guangxi Zhuang Autonomous Region awarded many scholarships to students of the Vietnamese localities, including 18 undergraduate and two master’s ones for Hà Giang.

HCM City’s first metro line set to commence operations next month

09:04 | 27/11/2024 Society

HCM City’s first metro line is set to begin operations next month after multiple delays, with ticket prices starting at VNĐ6,000 (US$0.24) per ride.

Promoting green consumption

17:14 | 26/11/2024 Society

In Vietnam, green consumption is a key component of the National Strategy for Green Growth for the 2021–2030 period, with a vision to 2050.

VND320-billion stopover to be built on North-South Expressway’s Quy Nhon - Chi Thanh section

17:00 | 26/11/2024 Society

(VEN) - A 10ha-plus stopover will be built on the North-South Expressway’s Quy Nhon - Chi Thanh section in Xuan Lam Commune of Phu Yen Province’s Song Cau Town with a total investment capital of almost VND320 billion, including more than VND5.4 billion for project site clearance.

Vietnamese Brands

Phú Xuyên a land of hundreds of timeless crafts

10:12 | 27/11/2024 Vietnamese Brands

Phú Xuyên District, located 30 kilometres south of Hà Nội, is renowned as the 'land of hundreds of crafts', with all 154 villages engaged in various trades.

Dong Thap diversifies lotus products

09:34 | 26/11/2024 Vietnamese Brands

Lotus growers in the Mekong Delta province of Dong Thap have won big as their efforts to diversify lotus products pay off.

Top 10 reputable pharmaceutical, medical supply companies in 2024 announced

09:17 | 26/11/2024 Vietnamese Brands

The Vietnam Report JSC announced the list of top 10 reputable companies in the pharmacy, medical supply and health care for 2024.

The essence of Chuon Ngo Mother-of-Pearl Inlay Village

16:42 | 25/11/2024 Vietnamese Brands

Despite the passage of time, local artisans have meticulously preserved and elevated this traditional craft. Their exquisite creations have gone beyond national borders, reaching the continents and the world.

Culture

Vietnamese students promote cultural heritage in Australia

10:05 | 27/11/2024 Culture

Held at the University of Queensland's Saint Lucia campus, the interactive event took participants on a four-hour journey to explore Việt Nam's traditional handicrafts.

Young boy takes top prize at writing contest

09:49 | 26/11/2024 Culture

Hà Nội-based Lã Duy Long was awarded special prize at a story writing contest Đóa Hoa Đồng Thoại (Bouquet of Children's Stories Contest) with his short story about donating hair to a cancer patient.

Hà Nội Culinary Culture Festival 2024 to take place this month

09:45 | 26/11/2024 Culture

With the theme 'Hà Nội kết nối năm châu' (Hà Nội connects the World), the festival is organised by the Hà Nội Department of Culture and Sports.

Long An's 2nd Culture, Sports, Tourism Week to kick off in late November

16:49 | 25/11/2024 Culture

This week-long celebration will offer a wide range of activities, providing visitors with unique experiences of Long An’s culture, people, and natural beauty.

Tourism

Community tourism transforms livelihoods in remote areas

09:55 | 27/11/2024 Tourism

Across Vietnam, a transformative movement is quietly reshaping the landscape of local livelihoods, particularly in remote and mountainous areas as community-based tourism turns the rich traditional cultures and daily lives of ethnic groups into interesting attractions for foreign travelers.

Vietnam’s stunning Golden Bridge, Ba Den Mount on British publication

09:49 | 27/11/2024 Tourism

Seventeen stunning photos of Vietnam captured by renowned photographer Daniel Kordan have been pubilicised on Daily Mail, a British newspaper, and tourism forums, captivating international readers.

India to promote Ninh Binh’s tourism potential

09:36 | 27/11/2024 Tourism

The Travel Agents Federation of India (TAFI) has selected Vietnam's northern province of Ninh Binh as the venue for its annual conference, set to take place from January 17-20, 2025. Themed "Tourism for Tomorrow: Preserving the Planet", the event underscores locality’s growing role as a rising star in global tourism, particularly among the Indian travelers.

Vietnam welcomes first group of 400 Chinese tourists on charter train

09:41 | 26/11/2024 Tourism

The Vietnam Railways Corporation (VNR) has recently welcomed 400 Chinese tourists entering Vietnam through the Lao Cai International Border Gate on the first charter train under a cooperation programme between the Lao Cai Department of Tourism and VNR.