Economy

Green lifestyle changes drive people towards ethanol fuel

10:35 | 22/11/2024 Economy

Government incentive policies, promotions by influential figures and growing responsibility towards the environment is causing people to embrace green lifestyles, including the use of ethanol fuels.

Monetary policy forecast unlikely to loosen further

10:26 | 22/11/2024 Economy

It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.

Vietnam to grasp bigger business opportunities in Trump 2.0 administration: US media

09:23 | 22/11/2024 Economy

Vietnam has opened its doors to major firms for decades and is expected to have even greater business opportunities under the Trump 2.0 administration, according to the US-based website forbes.com.

Vietnam's internet economy projected to hit 36 billion USD in 2024

09:18 | 22/11/2024 Economy

Vietnam's e-commerce and digital economy remain highlights of the country’s socioeconomic development, with the internet economy to reach 36 billion USD this year, marking a 16% increase compared to 2023, heard a forum on digital transformation of industry and trade in 2024 in Hanoi on November 21.

Vietnam – a success story in development path: WB Vice President

09:45 | 23/11/2024 Economy

Hanoi – World Bank (WB) Vice President for East Asia and the Pacific Manuela V. Ferro described Vietnam as a success story in terms of economic development since it has dramatically transformed the economic landscape, achieving the extraordinary feat of increasing family incomes sixfold while attracting significant foreign investment over the past 40 years.

Mega high-speed rail project gathers momentum

09:02 | 23/11/2024 Economy

The ruling Party and Government have stated their commitment to prioritising Vietnamese enterprises in the execution of the project.

Promoting sustainable growth of insurance market

10:43 | 22/11/2024 Economy

(VEN) - The Vietnamese insurance market was established in 1993 and has grown remarkably with numerous life and non-life insurance companies and insurance brokers. Insurance products have been diversified, especially life and health insurance.

World Bank outlines path for Việt Nam to reach high income status

09:13 | 22/11/2024 Economy

In its report entitled "Việt Nam 2045: Trading Up in a Changing World – Pathways to a High-Income Future", the bank said integration into global markets has been the key driver of Việt Nam's development success over the past 40 years, propelling one of the longest and fastest economic expansions in modern history.

Deputies looking to unlock realty market with new land use initiative

09:59 | 21/11/2024 Economy

Lawmakers are set to discuss at the hall a draft resolution on piloting commercial housing project through land use rights transfer agreements at the ongoing 15th National Assembly’s eighth session on November 21.

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.

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 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.

Trước Sau

Latest Most Read

Da Nang strives to early pilot free trade zone model

17:19 | 26/11/2024 Trade

Da Nang – The central city of Da Nang is actively collaborating with central ministries and agencies to swiftly implement specific mechanisms and policies for the city’s development under the National Assembly's Resolution 136/2024/QH15, particularly regarding the pilot establishment of a free trade zone (FTZ).

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.

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.

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.

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.

Vinacomin - Power Holding Corporation: 15 years of ensuring national energy security

08:10 | 23/11/2024 Companies

(VEN) - After 15 years of construction and development, the Vinacomin - Power Holding Corporation is now proud to become one of the five major power generation corporations in Vietnam, contributing to ensuring national energy security with a total capacity of power plants of 1,735MW.

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.

Bulgarian President’s visit to deepen ties with Việt Nam: Ambassador

16:41 | 22/11/2024 News and Events

Vietnamese Ambassador to Bulgaria Đỗ Hoàng Long said the visit underscores Việt Nam's high regard for Bulgaria as a traditional, trusted and important partner in the Balkans region.

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.

Can Tho eyes stronger cooperation with US partners

17:17 | 22/11/2024 Cooperation

The Mekong Delta city of Can Tho wishes to strengthen cooperation with enterprises and localities of the US in areas of economics, education, healthcare, and sustainable environmental development, Secretary of the municipal Party Committee Nguyen Van Hieu told US Ambassador to Vietnam Marc Knapper in a meeting with the diplomat on November 21.

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

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.

VAT tax reduction should continue until mid-2025: Ministry

17:15 | 21/11/2024 Policy

Hanoi - The Ministry of Finance (MoF) has proposed Vietnam's value-added-tax (VAT) reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.

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

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

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

(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.

Science - Technology

TECHFEST Vietnam 2024 crowns winners for innovation in healthcare and sustainability

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

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.

Vietnam: A global magnet for scientific talent

16:58 | 24/11/2024 Science - Technology

Hanoi – Vietnam has rapidly established itself as a premier destination for scientific talent worldwide, driven by a robust policy framework aimed at nurturing talent and cultivating a skilled workforce for sustainable development.

Society

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

LEGO Group seeking hundreds of workers to start operation at Binh Duong factory

11:14 | 26/11/2024 Society

Binh Duong – LEGO Manufacturing Vietnam Co. Ltd. is seeking hundreds of workers for its 1.3-billion-USD factory in the southern province of Binh Duong which is expected to start operations in early 2025.

Việt Nam must gear up for green mobility transition: experts

15:39 | 25/11/2024 Society

Việt Nam must develop charging infrastructure and ensure a stable electricity supply to prepare for the era of electric mobility transition.

Vietnamese Brands

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.

Petrovietnam grows strongly thanks to volatility management

07:29 | 24/11/2024 Companies

Culture

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.

Exhibitions in Hà Nội downtown celebrate Heritage Day

13:55 | 23/11/2024 Culture

This year marks the 19th anniversary of the Việt Nam Cultural Heritage Day since its inception in 2005, aiming to promote the traditions and sense of responsibility among those working to protect and promote the value of Việt Nam's cultural heritage.

Tourism

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.

Hòa Bình taps agricultural tourism for sustainable development