Economy

Recent appointments reduce Việt Nam’s “Trump risk” for investors

09:42 | 04/12/2024 Economy

Michael Kokalari, a chartered financial analyst and chief economist at VinaCapital, stated so in his recent report.

Drastic measures needed to accelerate disbursement of foreign-funded public investment

09:37 | 04/12/2024 Economy

Drastic measures are needed to remove roadblocks and accelerate the disbursement of foreign-funded public investment in the remaining months of this year, as the disbursement rate remains far below the target of 95 per cent, according to the Ministry of Finance.

Vietnam to lead Southeast Asia’s e-commerce revolution: IMARC report

11:27 | 03/12/2024 Economy

Vietnam is set to lead Southeast Asia’s e-commerce revolution, given that this industry potentially drives national economic transformation, according to the latest report published by IMARC Group, a market research provider, on December 1.

Foreign investors set sights on Việt Nam's food processing sector

11:13 | 03/12/2024 Economy

Việt Nam's potential in the agricultural processing sector has caught the eye of foreign investors, particularly from Japan, seeking partnerships and acquisitions.

Real estate market experiences positive recovery

14:36 | 04/12/2024 Economy

(VEN) - Experts have seen increasingly positive recovery of the real estate market towards year’s end despite many challenges.

Seminar seeks to boost Vietnam-China e-commerce cooperation

11:41 | 04/12/2024 Economy

The Ministry of Industry and Trade and the People’s Committee of the northern border province of Lang Son held a seminar on developing cross-border e-commerce on December 3.

Financial security and wellness: a key focus of Vietnamese customers

09:52 | 04/12/2024 Economy

Based on responses from 1,200 Vietnamese consumers in HCM City and Hà Nội, researcher NIQ found that 70 per cent of consumers prioritise financial security, while 66 per cent focus on securing their future well-being.

Finding the balance between autonomy and oversight in state-owned enterprise reforms

11:10 | 03/12/2024 Economy

The draft Law 69 will replace the current Law 69/2014/QH13, marking a 'revolution' in how state capital is managed in enterprises.

Brunei a top-thee exporter of crude oil to Vietnam

10:50 | 03/12/2024 Economy

(VEN) - Vietnam imported and exported 14.3 million tonnes of crude oil worth US$8.93 billion from January 1 to November 15, 2024.

Reducing logistics costs to boost GDP an essential task: PM

10:32 | 03/12/2024 Economy

Prime Minister Phạm Minh Chính attended the Vietnam Logistics Forum 2024 in the southern province of Bà Rịa-Vũng Tàu Province and said costs must fall and be capped, to help the country achieve double digit growth.

PM outlines key tasks for development of logistics sector

16:56 | 02/12/2024 Economy

Ba Ria-Vung Tau – Prime Minister Pham Minh Chinh has outlined three objectives and seven key tasks to promote the growth of Vietnam’s logistics sector, including reducing logistics costs from 18% to 15% by 2025.

US levies anti-dumping duties on Vietnamese solar panels

15:11 | 02/12/2024 Economy

The United States Department of Commerce (DOC) has announced plans to impose preliminary anti-dumping tax ranging from 21% to 217% on solar panels imported from four Southeast Asian countries, including Malaysia, Cambodia, Thailand, and Vietnam, according to details given by the Trade Remedies Authority of Vietnam (TRAV).

Airfares surge ahead of Lunar New Year holiday

15:06 | 02/12/2024 Economy

As the Lunar New Year (Tet) holiday is approaching, the Vietnamese aviation market has experienced intense pressure with airfares soaring and seat availability becoming increasingly scarce.

Taxes on second property require cautious, balanced approach

14:58 | 02/12/2024 Economy

Just last week, the Vietnam Association of Real Estate Brokers (VARS) called for additional taxes on second properties and unused land lots, especially on apartments.

Carbon market – a key for Vietnam on the path to net zero

10:38 | 02/12/2024 Economy

The carbon market not only alleviates environmental pressure but also offers significant financial advantages, supporting businesses in adopting green technologies without bearing the full burden of costs, experts said at a discussion on Vietnam’s carbon credit exchange mechanism.

Reference exchange rate down at week’s beginning

09:46 | 02/12/2024 Economy

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,240 VND/USD on December 2, down 1 VND from the last working day of the previous week.

“Vietnamese Specialties for Vietnamese Tết” programme launched at Central Retail’s stores

09:38 | 02/12/2024 Economy

Following the success of the 'Proud of Vietnamese Specialties' festival on National Day, this programme offers consumers a nostalgic Tết (Lunar New Year) experience while promoting cultural connections through food.

Positive short-term signals emerge in Việt Nam’s stock market

09:23 | 02/12/2024 Economy

The recovery of the VN-Index last week delivered positive signals, supported by several favourable macroeconomic factors. However, market liquidity remains low, and the outlook still carries inherent risks.

Sustainability boosts resilience in green and digital revolution

09:19 | 02/12/2024 Economy

Companies committed to sustainable business practices could significantly enhance their resilience, capitalising on opportunities emerging from the global green transformation and digital revolution.

PM: Vietnam aims to achieve 8% GDP growth rate in 2025

20:11 | 01/12/2024 Economy

Vietnam aims to achieve a GDP growth rate of approximately 8% in 2025 to create momentum for the two-digit growth rate in the 2026-2030 period, said Prime Minister Pham Minh Chinh.

Global flavours flood Vietnamese retail market

15:44 | 01/12/2024 Economy

International specialty products are making significant inroads into Vietnam's domestic retail channels, offering consumers an expanding array of culinary and cultural experiences through strategic marketing and distribution networks.

Trước Sau

Latest Most Read

German businesses show resilience in Vietnamese market amid challenges

09:18 | 12/12/2024 Economy

With the global economy continuing to experience sluggish yet stable growth, characterised by ongoing challenges and uncertainties, German businesses remain optimistic regarding the Vietnamese market, according to the latest AHK World Business Outlook Fall 2024 survey.

Quang Trach – Pho Noi 500kV circuit-3 power transmission line: Miracle in infrastructure development

09:05 | 12/12/2024 Infographic

Quang Trach – Pho Noi 500kV circuit-3 power transmission line is a key project with a total investment of nearly 880 million USD. Spanning 9 provinces, the 519-km power transmission line plays an important role in enhancing the operational stability for the electricity supply system in the north in 2024 and following years, contributing to ensuring the national energy security.

HCM City needs over 40 million USD for seven railway lines by 2035

09:00 | 12/12/2024 Society

Ho Chi Minh City will need about 40.21 billion USD for constructing seven urban railway lines with a total length of about 355km by 2035, its Transport Department said.

Party leader visits Heroic Mothers, revolution contributors in Dong Thap

08:51 | 12/12/2024 News and Events

Party General Secretary To Lam visited and presented gifts to 80 policy beneficiaries, Heroic Vietnamese Mothers, and war veterans in the Mekong Delta province of Dong Thap on December 11, ahead of the 80th founding anniversary of the Vietnam People’s Army (December 22, 1944 - 2024), and the 35th anniversary of the All-People Defence Festival (December 22, 1989 - 2024).

Vietnam’s coffee exports possibly top 5 billion USD for first time

08:48 | 12/12/2024 Trade

Coffee prices have increased by over 50% on average this year, enabling the export revenue to potentially surpass 5 billion USD for the first time.

Exhibition on royal culture of Huế opens

14:45 | 04/12/2024 Culture

A special exhibition featuring the history and development of Huế Citadel has opened at the Museum of Hồ Chí Minh City.

2024 Vietnam Business Day opens shop in Japan

14:49 | 04/12/2024 Vietnamese Brands

The Vietnam Business Association in Japan (VJBA) on December 3 held the 2024 Vietnam Business Day with the theme “Shared Vision, Shared Success".

AirAsia announces five new routes to Việt Nam

14:54 | 04/12/2024 Economy

AirAsia plans to strengthen Việt Nam's position as a key hub in the Indochina region by launching new routes to the popular destination.

Apparatus restructuring difficult but indispensable: PM

15:02 | 04/12/2024 News and Events

Rearranging the organisational apparatus is a difficult task but it is essential, Prime Minister Pham Minh Chinh affirmed on December 4 at a Government conference to carry out the review of the implementation of Resolution No. 18-NQ/TW, issued by the Party Central Committee in 2017, which seeks to streamline the political system for greater efficiency.

NA Chairman meets Vietnamese embassy staff in Japan

15:20 | 04/12/2024 News and Events

National Assembly (NA) Chairman Tran Thanh Man and a high-ranking delegation of the Vietnamese legislature met with staff of the Vietnamese Embassy in Japan on December 4 as part of their official visit to the Asian nation.

Multimedia

Video Longform Infographic Photo

Quang Trach – Pho Noi 500kV circuit-3 power transmission line: Miracle in infrastructure development

09:05 | 12/12/2024 Infographic

Foreign tourists to Vietnam up 41% in January-November

09:11 | 11/12/2024 Infographic

In the first 11 months of 2024, Vietnam welcomed more than 15.8 million international visitors, up 41% over the same period last year. Visitors by continent included: Asia (12.61 million), Europe (1.78 million), and America (0.91 million), among others.

16 intangible cultural heritage elements recognised by UNESCO

10:06 | 06/12/2024 Infographic

The Ba Chua Xu (Holy Mother of the Realm) Festival at Sam mountain in the Mekong Delta province of An Giang was officially recognised by UNESCO as intangible cultural heritage of humanity at the 19th session of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage in Paraguay on December 4. With this recognition, the festival has become the 16th intangible cultural heritage element of Vietnam recognised by UNESCO.

Vietnam-Japan Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the World

08:49 | 04/12/2024 Infographic

National Assembly Chairman Tran Thanh Man and his spouse are paying an official visit to Japan from December 3-7. The visit is expected to promote the two countries' legislative ties in a practical and sustainable manner, thus concretising the comprehensive strategic partnership across spheres.

Streamlining political system's organisational apparatus

10:17 | 03/12/2024 Infographic

Party General Secretary To Lam has urged Party committees, Party organisations, agencies, units, and sectors at all levels to demonstrate the highest political determination in streamlining the political system's organisational apparatus.

Policy

Australia shows interest in Việt Nam's vision of a 'rising era'

16:54 | 08/12/2024 Policy

Việt Nam and Australia shared a vision of a peaceful, stable, and prosperous region and the relationship between Việt Nam and Australia have been growing fruitfully in all sectors.

Plan to streamline Government's organisational apparatus finalised

09:38 | 06/12/2024 Policy

According to Minister of Home Affairs Phạm Thị Thanh Trà, the government's restructuring extends beyond ministerial consolidation, and the number of units under ministries and ministerial-level organisations will be cut by 15-20 per cent

Vietnam slashes government apparatus, with 9 minitries, agencies cut

10:25 | 04/12/2024 Policy

Hanoi – Nine ministries and agencies under the Government will be consolidated under a resolution on streamlining and optimising the political system, Minister of Home Affairs Pham Thi Thanh Tra told the Vietnam News Agency.

Specific plans announced to restructure Party apparatus

16:46 | 03/12/2024 Policy

The plan will reduce at least four Party organisations, 25 Party delegations and 16 Party groups merged into others and add two more Party Committees under central management.

Industry & Trade

Vietnam’s industrial production rises by 8.4% in 11 months

16:29 | 09/12/2024 Industry

Hanoi – Vietnam's index of industrial production (IIP) in the January – November period rose 8.4% from the same period last year, reported the General Statistics Office (GSO).

Việt Nam needs a competitive energy market: experts

16:59 | 08/12/2024 Energy

Economists, industry experts and policymakers at the event highlighted several critical challenges facing the country’s energy sector and the urgent need for strategic reforms.

Việt Nam resumes nuclear power project amid rising energy demands

17:07 | 07/12/2024 Energy

Vietnamese law-markers have approved the plan to resume the nuclear power project in the south – central province of Ninh Thuận after eight years of pause in an effort to ensure energy security while meeting Net Zero goal.

Việt Nam's supporting industry for electronics needs more support

16:58 | 07/12/2024 Support industries

In addition to the efforts of enterprises, Việt Nam's supporting industry for electronics production needs many helpful policies from the State to promote its development.

Investment

HCM City lays out plans for sound business climate with Japanese firms

16:50 | 11/12/2024 Investment

Ho Chi Minh City pledges to develop an equal and transparent business climate for foreign firms, including those from Japan, to aid in business development plans in the southern economic hub, Vice Chairman of the municipal People’s Committee Vo Van Hoan said on December 9.

Hai Phong – a bright spot in attracting foreign investment

09:47 | 09/12/2024 Investment

With its advantageous geographical location, convenient transport connections, attractive investment environment, and consistent stance that the development of businesses is the development of the city, Hai Phong has witnessed a strong rise to become a bright spot in attracting foreign direct investment (FDI).

Vietnamese businesses explore Indonesian market

18:01 | 07/12/2024 Investment

A business networking session between a delegation from the Ho Chi Minh City Association of Mechanical-Electrical Enterprises (HAMEE) and the Indonesian Chamber of Commerce and Industry (KADIN) was held on December 5 in Jakarta.

Vietnam attracts nearly 31.4 billion USD in foreign investment in 11 months

17:59 | 06/12/2024 Investment

Total registered foreign direct investment (FDI) into Vietnam, including new and additional investments, and capital contributions via share purchases, reached 31.4 billion USD in the first 11 months of 2024.

Finance-Banking

Realty stocks see signs of recovery

15:07 | 10/12/2024 Finance-Banking

The Vietnamese real estate market is signalling the end of a prolonged downturn, with notable signs of recovery in profitability. However the pace of revival remains measured, due to sluggish sales and limited improvements in consumer incomes.

Finance ministry to use AI in stock market surveillance

09:18 | 08/12/2024 Finance-Banking

The Ministry of Finance announced on Friday that it is researching using artificial intelligence (AI) tools to monitor transactions in the stock market.

Year-end profits put heavy pressure on banks

15:12 | 06/12/2024 Finance-Banking

(VEN) - As of the third quarter of 2024, only 11 out of 27 commercial banks have completed 75 percent or more of their pre-tax profit plans. Therefore, the year-end profit target is a huge pressure weighing heavily on their shoulders.

Party chief receives leader of Japan Bank for International Cooperation

08:51 | 05/12/2024 Finance-Banking

Party General Secretary To Lam hosted a reception in Hanoi on December 4 for Chairman of the Board of Directors of the Japan Bank for International Cooperation (JBIC) Maeda Tadashi.

Environment

Bac Ninh closely monitors environmental protection at local craft villages

08:59 | 11/12/2024 Environment

(VEN) - Environmental pollution in some craft villages in the northern province of Bac Ninh has long become a “hot” issue. One typical example is the case of Phong Khe paper production village in Bac Ninh City.

Steel, thermal power enterprises participate in training course on ETS and carbon market

15:01 | 10/12/2024 Environment

From December 9-10, in Hanoi, 60 enterprises in the North participated in a training course on the Emission Trading System (ETS) and carbon market using the CarbonSim simulation tool.

Seeking capital for green transformation remains tough

16:52 | 05/12/2024 Environment

(VEN) - Shifting to green economy has become the goal of many countries and businesses around the world, including Vietnam. However, capital for green transition is still a difficult problem for the Vietnamese business community.

Drainage infrastructure development behind pace of urbanisation

11:07 | 04/12/2024 Environment

Domestic wastewater and rainwater are discharged directly into sewers, canals and ditches and then into main rivers.

Science - Technology

Vietnamese biotech products competitive on world market: Prof., Dr. Nguyen Van Nam

15:23 | 10/12/2024 Science - Technology

(VEN) - According to Professor, Doctor of Science Nguyen Van Nam, Chairman of the Vietnam Biochemical Technology JSC - BCC Group, Vietnamese biotech products are competitive on world market as Vietnam is aiming to export biotechnology to the US, EU, China...

NVIDIA to build AI research and data centres in VN

08:50 | 06/12/2024 Science - Technology

An agreement to develop two centres dedicated to artificial intelligence (AI) studies was signed between the Vietnamese Government and the American technology company NVIDIA.

VinFuture Sci-Tech Week starts in Hà Nội

16:53 | 05/12/2024 Science - Technology

VinFuture Foundation organised the 'Science for Life' symposia on December 4, opening the VinFuture Sci-Tech Week and Award Ceremony series in Hà Nội.

Nineteen initiatives receive Vietnam Smart City Awards 2024

11:46 | 04/12/2024 Science - Technology

The Vietnam Software and IT Services Association (VINASA) presented the Smart City Awards 2024 to 10 localities and authors of nine smart technological solutions during the Vietnam-Asia Smart City Summit 2024, held in Hanoi on December 3.

Society

HCM City needs over 40 million USD for seven railway lines by 2035

09:00 | 12/12/2024 Society

Ho Chi Minh City will need about 40.21 billion USD for constructing seven urban railway lines with a total length of about 355km by 2035, its Transport Department said.

Requirements for foreign drivers, vehicles operating in Vietnam

11:34 | 11/12/2024 Society

The Government has issued a Decree detailing provisions for the enforcement of the Law on Road Traffic Order and Safety, including conditions under which foreign motor vehicles and drivers may operate in Vietnam.

Ninh Thuan agrees with, places high expectations on nuclear power project: Official

16:22 | 09/12/2024 Society

Ninh Thuan - The Party organisation, administration, and people of Ninh Thuan province have high consensus and expectations on the nuclear power project which will be restarted in the south-central province after the 15th National Assembly (NA) approved the policy at its recent 8th session, according to Chairman of the provincial People’s Committee Tran Quoc Nam.

Clean energy vehicles to have their own rego stamps from 2025

15:58 | 09/12/2024 Society

(VEN) - According to Circular 53/2024 of the Ministry of Transport, motor vehicles running on clean, green, and environmentally-friendly energy will have a distinct color for their rego stamps.

Vietnamese Brands

2024 Vietnam Business Day opens shop in Japan

14:49 | 04/12/2024 Vietnamese Brands

The Vietnam Business Association in Japan (VJBA) on December 3 held the 2024 Vietnam Business Day with the theme “Shared Vision, Shared Success".

Việt Nam's OCOP products debut at AF-L'ARTIGIANO IN FIERA 2024 in Milan

14:55 | 02/12/2024 Vietnamese Brands

Under the theme 'Việt Nam’s OCOP Products: Gathering Values, Spreading Culture', Việt Nam’s pavilion spans 200 square metres.

Top 10 reputable logistics companies in 2024 announced

07:33 | 01/12/2024 Vietnamese Brands

The Vietnam Report JSC on November 29 announced the list of top 10 reputable logistics companies for 2024.

150 products honoured as “Vietnamese Goods Loved by Consumers 2024”

11:34 | 29/11/2024 Vietnamese Brands

A ceremony honouring the 150 most popular products voted by consumers took place in Hanoi on November 28.

Culture

Kinh Bac Art 3 contemporary painting exhibition opens

13:14 | 08/12/2024 Culture

(VEN) - On the afternoon of December 7, the Kinh Bac Art 3 contemporary painting exhibition was opened at the Appraisal and Exhibition Center of Art and Photography, 29 Hang Bai Street, Hoan Kiem District, Hanoi.

Exhibition on royal culture of Huế opens

14:45 | 04/12/2024 Culture

A special exhibition featuring the history and development of Huế Citadel has opened at the Museum of Hồ Chí Minh City.

Vietnamese artisans bring unique handicrafts to Milan

11:35 | 03/12/2024 Culture

Vietnamese firms are making their mark at the 28th Artigiano International Handicrafts Fair in Milan, the capital of Lombardy - Italy's largest economic and cultural hub, from November 30 - December 8.

Hanoi Digital Pho gives experience of unique culinary essence

09:19 | 03/12/2024 Culture

(VEN) - Hanoi has just introduced to consumers and tourists its cultural heritage - Hanoi Pho - in a unique way, which is digital Hanoi Pho.

Tourism

International visitors praise Phu Quoc as “beyond expectations”

14:05 | 09/12/2024 Tourism

According to top travel agencies, airlines, and leading online travel platforms, Phu Quoc offers world-class tourism products, leaving international visitors amazed every time they return.

Leading global tourism enterprises hail Phu Quoc as "Hawaii of the East"

09:20 | 09/12/2024 Tourism

Over 70 representatives from leading global airlines, travel agencies, and online travel platforms gathered in Phu Quoc for the famtrip program “Journey to Your True Paradise.” This significant event highlighted Phu Quoc’s potential, with participants unanimously recognizing the island as a “Hawaii of the East.”

Vietnam among top five favorite destinations for US tourists

21:08 | 08/12/2024 Tourism

(VEN) - In the first 11 months of 2024, the US is in the list of Vietnam's leading source of tourists with more than 706,000 visitors.

15.8 million int'l tourists came to Việt Nam in first 11 months, nearing 2024 target

07:00 | 07/12/2024 Tourism

Experts noted that the sharp increase in November is expected, as Việt Nam is in the peak international tourism season from October to March. The previous record for monthly international arrivals was set in November 2019, with over 1.8 million visitors.