Promoting sustainable growth of insurance market

Promoting sustainable growth of insurance market

(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.
Green lifestyle changes drive people towards ethanol fuel

Green lifestyle changes drive people towards ethanol fuel

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

Monetary policy forecast unlikely to loosen further

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

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

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 needs to adapt to boost exports to massive Halal markets

Vietnam needs to adapt to boost exports to massive Halal markets

With its strategic geographic location near major Muslim countries, Vietnam has a huge advantage to access the Halal markets, many of which are open to importing local agricultural products. Therefore, adapting to the regulations of these markets will help businesses and cooperatives gain a competitive edge.
Vietnam – a success story in development path: WB Vice President

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

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

Mega high-speed rail project gathers momentum

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

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

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

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

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

Deputies looking to unlock realty market with new land use initiative

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

Vietnam resolved to boost digital economy with national action plan

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

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

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

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

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

State-owned securities company trails competitors

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

Trade growth between Việt Nam and Americas promoted by FTAs

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

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

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

Vietnam emerges as forerunner in global nearshoring trend

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

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

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

VN must do more in collecting business owner information

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

Road freight remains key in Southeast Asia, including Việt Nam

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

US affirms Việt Nam not manipulating currency

In its latest report the US Department of the Treasury said that Việt Nam does not manipulate currency.
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MoU signed to foster Vietnam-Canada cooperation in science, technology

MoU signed to foster Vietnam-Canada cooperation in 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

First Vietnamese scientist named at UK’s TechWomen 100 Awards

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.
Vietnamese, Bulgarian Presidents hold talks in Hanoi

Vietnamese, Bulgarian Presidents hold talks in Hanoi

Hanoi – Vietnamese State President Luong Cuong and visiting Bulgarian President Rumen Radev held talks in Hanoi on November 25, at which they agreed on major orientations and specific measures to further foster cooperation and elevate relations between the two countries in the coming time.
Ninh Bình looks to capture Japanese tourism market

Ninh Bình looks to capture Japanese tourism market

The northern province of Ninh Bình showcased its stunning natural landscapes and people to the Japanese market through a recent tourism promotion conference called “the splendour of the ancient capital” in Tokyo.
Cần Thơ City to host HCM City, Mekong Delta tourism, trade event

Cần Thơ City to host HCM City, Mekong Delta tourism, trade event

The inaugural HCM City and Cửu Long (Mekong) Delta Tourism – Trade Week will take place in Cần Thơ City from November 29 to December 2.
banning motorbikes a complex issue

Banning motorbikes - a complex issue

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

Strengthening Vietnam-Cambodia friendship and cooperation

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

Vietnam - Malaysia Strategic Partnership

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

Vietnam, Dominican Republic strengthening cooperation

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).
vietnam brazil strategic partnership

Vietnam - Brazil strategic partnership

During his trip to Brazil from November 16-19 for the G20 Summit and bilateral engagements, Prime Minister Pham Minh Chinh held talks with Brazilian President Luiz Inácio Lula da Silva. The two leaders agreed to elevate the Vietnam-Brazil bilateral relations to a Strategic Partnership and issue a joint statement on the upgrade of the ties.
Party Central Committee concludes 13th Conference with major resolutions for reform and national development

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

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

New decree on using telecommunications accounts for payment proposed

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

Parliament approves amendments to pharmacy law

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

VAT tax reduction should continue until mid-2025: Ministry

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

Huge potential for VN, UK to boost cooperation in clean 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

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

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

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

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.
Tra fish sector aiming for production, processing greening for sustainable development

Tra fish sector aiming for production, processing greening for sustainable development

HCM City - Greening production and processing to meet export requirements is both a trend and a necessity for many industries, including the tra fish sector.
Japanese retailer Aeon to break ground on 4th shopping mall in Northern Vietnam

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

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

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

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

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

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

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

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.
Promoting credit for key agricultural sectors in Mekong Delta

Promoting credit for key agricultural sectors in Mekong Delta

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

HDBank wins three awards at Vietnam Listed Company Awards 2024

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

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

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.
Vietcombank issues 2 trillion VND worth of green bonds for first time

Vietcombank issues 2 trillion VND worth of green bonds for first time

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND worth of green bonds, the first of its kind, to support eco-friendly projects.
Businesses support Vietnam’s net zero target

Businesses support Vietnam’s net zero target

(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

Prolonged rainfall and landslides disrupt life in central region

Provincial authorities are monitoring weather developments closely and evacuating residents from flood-prone and high-risk areas.
Tough negotiations to prevent Earth’s warming

Tough negotiations to prevent Earth’s warming

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

MoT view on raising emission standards for scooters from 2027

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

MoU signed to foster Vietnam-Canada cooperation in 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

First Vietnamese scientist named at UK’s TechWomen 100 Awards

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

Vietnam: A global magnet for scientific talent

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.
Samsung launches technology talent development programm

Samsung launches technology talent development programm

Samsung Vietnam Complex on Friday officially launched the Samsung Innovation Campus (SIC) 2024–25, a Technology Talent Development Programme aimed at equipping Việt Nam’s youth - the future leaders of the Fourth Industrial Revolution - with advanced technological capabilities.
Việt Nam must gear up for green mobility transition: experts

Việt Nam must gear up for green mobility transition: experts

Việt Nam must develop charging infrastructure and ensure a stable electricity supply to prepare for the era of electric mobility transition.
iCare+ App launched on App Store to accompany diabetes patients

iCare+ App launched on App Store to accompany diabetes patients

A first-ever specialized application for diabetes diseases in Vietnam, iCARE+ - is officially launched on the App Store, extending the opportunity to approach diabetes patients.
Vietnam leads ASEAN in number of students studying in US

Vietnam leads ASEAN in number of students studying in US

Hanoi - Vietnam leads member countries of the Association of Southeast Asian Nations (ASEAN) in the number of students studying in the US, with nearly 50% pursuing majors in the fields of science, technology, engineering, and mathematics (STEM), according to a report released this month by the Institute of International Education (IIE).
Hà Nội to change to green energy buses by 2035

Hà Nội to change to green energy buses by 2035

It aims to have all of its buses in the capital to be electric or using green energy by 2035.
The essence of Chuon Ngo Mother-of-Pearl Inlay Village

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

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

Petrovietnam grows strongly thanks to volatility management

(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.
Doubling insurance product’s payout significantly benefits customers

Doubling insurance product’s payout significantly benefits customers

(VEN) - The Agriculture Bank Insurance Joint Stock Corporation (ABIC) has officially doubled the maximum payout for its Bao An insurance product to VND1 billion. This is a major breakthrough, enhancing financial protection for customers amid an increasingly volatile economy and rising demand for financial security.
PJICO: 30 years of development

PJICO: 30 years of development

(VEN) - Throughout the past 30 years of establishment and development, Petrolimex Insurance Corporation (PJICO) has solidified its position in the non-life insurance sector and overcame numerous challenges.
tcty-dau-khi-vn-pv-power-2022
Long An

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

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

Exhibitions in Hà Nội downtown celebrate Heritage Day

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.
Vibrant cultural rendezvous in Hanoi

Vibrant cultural rendezvous in Hanoi

(VEN) - The 2024 International Food Festival will take place from December 7-8 in Hanoi, aiming to promote cultural and culinary exchange among nations.
Cultural activities celebrate Việt Nam Heritage Day

Cultural activities celebrate Việt Nam Heritage Day

One hundred paintings from traditional folk painting villages in Việt Nam will go on display at the central city’s Fine Arts Museum in celebration of Heritage Day from November 22-30.
Ninh Bình looks to capture Japanese tourism market

Ninh Bình looks to capture Japanese tourism market

The northern province of Ninh Bình showcased its stunning natural landscapes and people to the Japanese market through a recent tourism promotion conference called “the splendour of the ancient capital” in Tokyo.
Cần Thơ City to host HCM City, Mekong Delta tourism, trade event

Cần Thơ City to host HCM City, Mekong Delta tourism, trade event

The inaugural HCM City and Cửu Long (Mekong) Delta Tourism – Trade Week will take place in Cần Thơ City from November 29 to December 2.
Hanoi promotes craft village tourism

Hanoi promotes craft village tourism

(VEN) - Dubbed as the Land of Hundreds of Occupations, Hanoi is having great advantages to promote craft village tourism, bringing economic and social benefits.
Quang Nam to host UN international conference on rural tourism

Quang Nam to host UN international conference on rural tourism

The central coastal province of Quang Nam is scheduled to host the UN Tourism’s first Conference on Tourism for Rural Development on December 10, expected to bring together around 300 delegates, including government officials, international organisations, tourism stakeholders, and private sector representatives.
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