Lao Cai province calls for more Japanese investments

Lao Cai province calls for more Japanese investments

The advantages and potential of Vietnam’s northern border province of Lao Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.
Central Highlands provinces seek closer trade, investment ties with India

Central Highlands provinces seek closer trade, investment ties with India

A business and investment conference was held in Dak Lak province’s Buon Ma Thuot city on April 17 with the aim of enhancing connectivity between Indian firms and Central Highlands provinces.
Vietnam ready to ride US investment wave

Vietnam ready to ride US investment wave

Vietnam is on the verge of seeing a massive influx of investments from the US, and stands ready to welcome the wave.
Government listens to partners, investors

Government listens to partners, investors

(VEN) - At the recent Prime Minister’s meeting with FDI enterprises and Annual Vietnam Business Forum (VBF) held on March 19, 2024, Prime Minister Pham Minh Chinh committed to creating favorable conditions for domestic and foreign investors with the spirit of “harmonious interests, shared risks.”
Foreign, domestic investment in Ba Ria - Vung Tau rises sharply

Foreign, domestic investment in Ba Ria - Vung Tau rises sharply

Foreign and domestic investment in the southern province of Ba Ria - Vung Tau stood at almost 1.63 billion USD and over 25.93 trillion VND (1 billion USD) during the first four months of 2024, surging 7.2-fold from a year earlier.
Thai Binh province rolls out red carpet for Dutch businesses

Thai Binh province rolls out red carpet for Dutch businesses

The northern province of Thai Binh always accompanies and creates the best conditions for enterprises, including those from the Netherlands to invest in and run long-term and effective business in the locality, Secretary of the provincial Party Committee Ngo Dong Hai has affirmed.
Vietnam facilitates US investment

Vietnam facilitates US investment

(VEN) - Deputy Prime Minister Le Minh Khai recently had a working session with leaders of 17 US businesses operating in Vietnam. He affirmed the Vietnamese Government’s willingness to create the best conditions for US businesses to invest in the country.
French businesses interested in Vietnamese market

French businesses interested in Vietnamese market

French enterprises gathered at a recent talk held by the Chamber of Commerce and Industry (CCI) of Nièvre province and the administration of Nevers city to seek investment opportunities and promote economic and trade cooperation with Vietnam.
German businesses to expand presence in Vietnam

German businesses to expand presence in Vietnam

The German Business Association (GBA) announced its 2024 action plan with enthusiasm and groundbreaking commitments. Under the leadership of the newly elected Board of Directors and Chairman, GBA is focusing on enhancing interaction with its members, expanding its presence in the northern region, and driving strategic development initiatives to strengthen the bilateral economic relations between Vietnam and Germany.
Hanoi’s development investment increases by 8.5% year on year

Hanoi’s development investment increases by 8.5% year on year

The development investment in Hanoi in the first quarter of 2024 increased by 8.5% to 86.6 trillion VND (3.48 billion USD) compared to the same period last year, the municipal People’s Committee has announced.
Bac Ninh’s efforts to improve investment environment pay off

Bac Ninh’s efforts to improve investment environment pay off

Efforts to improve the investment environment made by the northern province of Bac Ninh, which borders Hanoi capital city, have proved effective, as it has been among leading destinations in Vietnam for foreign direct investment (FDI) inflows in recent years.
Singapore tops foreign investors in Vietnam in first quarter

Singapore tops foreign investors in Vietnam in first quarter

Singapore was the largest foreign investor in Vietnam in the year to March 20 with over 2.55 billion USD, making up 41.3% of the total foreign direct investment (FDI) registered in the country, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
Manufacturing, processing  industries an  FDI magnet

Manufacturing, processing industries an FDI magnet

(VEN) - In the first two months of 2024, Vietnam attracted US$4.29 billion of foreign direct investment (FDI), a year-on-year increase of 38.6 percent, while FDI disbursement reached US$2.8 billion, up 9.8 percent. These are positive signals amidst the ongoing challenging global economic situation.
Chinese enterprises explore investment opportunities in Soc Trang

Chinese enterprises explore investment opportunities in Soc Trang

The People’s Committee of Soc Trang province coordinated with Chinese Consulate General in Ho Chi Minh City to organise a meeting between enterprises of China and local businesses on March 20.
Prime Minister highlights pioneer role of FDI firms in green growth

Prime Minister highlights pioneer role of FDI firms in green growth

Prime Minister Pham Minh Chinh on March 19 chaired a meeting with FDI enterprises and the annual Vietnam Business Forum (VBF) in Hanoi.
Quang Ninh province to attract 7 FDI projects in March

Quang Ninh province to attract 7 FDI projects in March

The northern coastal province of Quang Ninh expects to receive an additional seven foreign direct investment (FDI) projects from the US, China and Taiwan (China) in March.
Industrial real estate market attracts foreign investors

Industrial real estate market attracts foreign investors

(VEN) - Industrial real estate is expected to be the most notable market segment in 2024 as it attracts significant foreign investment.
Construction of 5.5 million USD grease plant kicked off in Ninh Thuan

Construction of 5.5 million USD grease plant kicked off in Ninh Thuan

The Top Solutions Joint Stocks Company held a groundbreaking ceremony for its grease plant with an investment of 5.5 million USD at Phuoc Nam Industrial Park in Thuan Nam district, the south-central province of Ninh Thuan on March 8.
Binh Phuoc seeks investments from EU businesses

Binh Phuoc seeks investments from EU businesses

Representatives of more than 100 enterprises from 27 European countries and the European Chamber of Commerce in Vietnam (EuroCham) will attend the “Business Connection Forum – Industry, Trade, and High-tech Agriculture EuroCham – Binh Phuoc province in 2024” that is slated to take place in Dong Xoai city in the southern province on March 12.
Vietnam’s FDI inflow surges nearly 39 percent in two months

Vietnam’s FDI inflow surges nearly 39 percent in two months

Vietnam has attracted more than 4.29 billion USD in foreign direct investment (FDI) in the first two months of 2024, a year-on-year increase of 38.6%, according to the Ministry of Industry and Trade (MoIT)’s Foreign Trade Agency.
Vietnam looks to remain strong competitor for global FDI

Vietnam looks to remain strong competitor for global FDI

Vietnam remained an exception in attracting foreign direct investment (FDI) on the global and regional scale last year. The Southeast Asian economy was expected to attract a large amount of FDI this year, said economists and analysts.
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Firms get updates on EU regulations on imported agricultural products, foods

Firms get updates on EU regulations on imported agricultural products, foods

The European Commission’s Directorate-General for Health and Food Safety (DG-SANTE), in collaboration with the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (Vietnam SPS), held a conference disseminating regulations on imports of agricultural products and foods of plant and animal origin into the EU market on May 7.
Fansipan Rose Festival 2024 offers tourists fascinating experiences

Fansipan Rose Festival 2024 offers tourists fascinating experiences

(VEN) - Themed “A Millions Roses,” the Fansipan Rose Festival 2024 which takes place in Sa Pa, Lao Cai from April 27 to June 30, will feature unique, attractive and completely new activities.
Retail sales, services revenue up 8.5 per cent in four months

Retail sales, services revenue up 8.5 per cent in four months

In April alone, the value was VNĐ522.1 trillion, a rise of 9 per cent from the same period last year.
Bình Thuận works to stop fishing vessels from infringing on foreign waters

Bình Thuận works to stop fishing vessels from infringing on foreign waters

BÌNH THUẬN – The People’s Committee of the south-central province of Bình Thuận on May 7 requested extra efforts to resolutely not let any local fishing vessels and fishermen violate foreign waters so as to fight illegal, unreported and unregulated (IUU) fishing.
Food safety key for exports to Northern Europe

Food safety key for exports to Northern Europe

(VEN) - Food safety and hygiene are key for Vietnamese food exports to Europe in general and Northern Europe in particular.
green transformation in tourism starts with correct understanding awareness expert

Green transformation in tourism starts with correct understanding, awareness: expert

Many tourism businesses still have insufficient and incorrect understanding of these principles so the implementation of green tourism within the Vietnamese business community is still limited.
vietnamese celebrated director to head jury at shanghai international film festival

Vietnamese celebrated director to head jury at Shanghai International Film Festival

According to the organisers of the film festival, the works of the Vietnamese French director and scriptwriter, who won the Best Director Award at the 76th Cannes Film Festival in 2023 for The Taste of Things, blend the expressions of Eastern and Western cultures, with sensitivity, delicacy, and a romantic style.
hcm city achieves 127 million in tourism revenue over five day holiday

HCM City achieves $127 million in tourism revenue over five-day holiday

HCM City’s tourism revenue is estimated at more than VNĐ3.23 trillion (US$127 million) during the five-day holiday celebrating Reunification Day from April 27-May 1, according to the city Department of Tourism.
optimising unesco titles for national development

Optimising UNESCO titles for national development

With 65 UNESCO titles spanning all the 63 cities and provinces, Việt Nam contributes to enriching, protecting, and promoting the cultural treasures of humanity. This helps international friends better understand the country, its people, traditions, and history.
7 places that are worth a visit in dien bien

7 places that are worth a visit in Điện Biên

Here are seven recommended places for those who intend to visit the province.
Decree fosters industrial  cluster development

Decree fosters industrial cluster development

(VEN) - The Government has recently issued Decree 32/2024/ND-CP (Decree 32) on the management and development of industrial clusters (ICs), creating a more favorable mechanism for IC development.
Decree regulates conditions for cars from abroad to Việt Nam

Decree regulates conditions for cars from abroad to Việt Nam

HÀ NỘI — Foreign drivers using their vehicles in Việt Nam must complete a stringent set of procedures through a recognised travel company before they enter the country.
Fresh policies come into effect in May 2024

Fresh policies come into effect in May 2024

New policies regarding standards for civil servants holding leadership and management positions, management and development of industrial clusters, transportation of dangerous goods, and penalties in fishing sector shall come into effect this May.
Employment Law to be revised for better assurance of employees’ interests

Employment Law to be revised for better assurance of employees’ interests

The Ministry of Labor, Invalids and Social Affairs (MOLISA) has recently released the latest draft of the amended Law on Employment with several significant changes.
IC development challenges Dong Nai Province

IC development challenges Dong Nai Province

(VEN) - Under the plan, the southeastern province of Dong Nai will have 27 industrial clusters (ICs) with a total area of almost 1,500 hectares in the 2021-2025 period. However, only four of the 27 ICs have had their infrastructure projects accomplished as of the end of 2023, while the rest are still under investment procedure handling and site clearance.
Textile and garment businesses face difficulties due to lack of domestic supply

Textile and garment businesses face difficulties due to lack of domestic supply

HÀ NỘI — The textile and garment industry has long faced an imbalance between production stages.
Automobile industry reported strong sales in Q1

Automobile industry reported strong sales in Q1

HÀ NỘI — April 2024 marks the second consecutive month the automobile industry reported significant growth since the beginning of the year, according to a report by the General Statistics Office of Vietnam (GSO).
DPPA boots renewable energy, competitive  electricity market

DPPA boots renewable energy, competitive electricity market

(VEN) - A direct power purchase agreement (DPPA) will help attract investment in the development of renewable energy and a competitive retail electricity market.
Foreign, domestic investment in Ba Ria - Vung Tau rises sharply

Foreign, domestic investment in Ba Ria - Vung Tau rises sharply

Foreign and domestic investment in the southern province of Ba Ria - Vung Tau stood at almost 1.63 billion USD and over 25.93 trillion VND (1 billion USD) during the first four months of 2024, surging 7.2-fold from a year earlier.
Foreign investors encouraged to invest in petroleum storage infrastructure

Foreign investors encouraged to invest in petroleum storage infrastructure

The Vietnamese Government has given green light to foreign investors to invest in developing oil and gas storage and supply infrastructure system, but they cannot participate in distributing, importing and exporting petroleum.
Cambodian media values Vietnam

Cambodian media values Vietnam's foreign investment attraction

The SBM NEWS website of Cambodia has published an article praising Vietnam's ability to attract foreign investment, especially in the northeastern province of Quang Ninh.
Thai Binh province rolls out red carpet for Dutch businesses

Thai Binh province rolls out red carpet for Dutch businesses

The northern province of Thai Binh always accompanies and creates the best conditions for enterprises, including those from the Netherlands to invest in and run long-term and effective business in the locality, Secretary of the provincial Party Committee Ngo Dong Hai has affirmed.
MoF refuses to cut import tax for some materials of animal feed production

MoF refuses to cut import tax for some materials of animal feed production

The Ministry of Finance has refused to reduce import tax rates for some crucial materials of animal feed production as proposed by Bến Tre Province's voters.
Government proposes extending VAT cut until year end

Government proposes extending VAT cut until year end

The Government has proposed extending the cut in value-added tax (VAT) from 10% to 8% on specific groups of goods and services from July 1 until the end of the year to support business and production activities.
Stock market upgrade to help Vietnam lure another 10 bln USD in investment

Stock market upgrade to help Vietnam lure another 10 bln USD in investment

The elevation of the stock market to "emerging" status can help Vietnam attract an additional 10 billion USD in both direct and indirect investment, KB Vietnam Securities JSC (KBSV) reported, citing the World Bank (WB).
VND30-trillion credit package for forestry, fisheries businesses

VND30-trillion credit package for forestry, fisheries businesses

(VEN) - Following the Government’s guidelines, the State Bank of Vietnam (SBV) has assigned commercial banks to realizing a VND30-trillion preferential credit program for forestry and fisheries sectors in order to help them maintain their leading positions as billions-of-US-dollars export revenue earners.
Is it possible to deny collection for waste unsorted at source?

Is it possible to deny collection for waste unsorted at source?

Unsorted waste could be denied collection, per a draft document proposed by the Ministry of Natural Resources and Environment.
PM asks for effective preventive solutions against forest fires

PM asks for effective preventive solutions against forest fires

HÀ NỘI — Prime Minister Phạm Minh Chính has issued an official dispatch, requesting ministries, sectors, and localities to continue vigorously and effectively implementing fire prevention and control measures nationwide amid hot weather across the country.
Heat records broken, more hot weather forecast for May

Heat records broken, more hot weather forecast for May

HÀ NỘI — April saw 112 heat records as the country baked in sweltering weather, with many places breaking temperature records set over a decade ago.
Vietnam faces climate change challenges

Vietnam faces climate change challenges

(VEN) - Without appropriate adaptation and mitigation measures, it is estimated that climate change could cause Vietnam to suffer losses of approximately 12-14.5 percent of gross domestic product (GDP) annually by 2050, triple the losses in 2020, 3.2 percent of GDP or around US$10 billion.
2024 VinFuture Prize records 1,469 nominations

2024 VinFuture Prize records 1,469 nominations

The 4th edition of VinFuture Prize, an annual international award that honours remarkable scientific breakthroughs and promotes innovations for humankind, has officially closed its nomination portal with a record of 1,469 submissions.
HCM City: Centre for Fourth Industrial Revolution to debut in September

HCM City: Centre for Fourth Industrial Revolution to debut in September

A centre for the Fourth Industrial Revolution (C4IR) in Ho Chi Minh City is scheduled to be officially launched in September, with a mission to be Vietnam’s top facility in advising national industrial policies, piloting their implementation in the southern metropolis, and promoting economic transformation in the revolution.
Vietnam’s digital products to go global

Vietnam’s digital products to go global

(VEN) - Vietnamese digital technology businesses have made great strides in development, as more digital application products have been created. In addition to the domestic market, the state needs to support them to bring Make-in-Vietnam digital products and services to the world.
Digital transformation events for banking sector slated for May

Digital transformation events for banking sector slated for May

The State Bank of Vietnam (SBV) announced a series of events focusing on digital transformation in the banking sector, scheduled for May 8 in Hanoi.
Bình Thuận works to stop fishing vessels from infringing on foreign waters

Bình Thuận works to stop fishing vessels from infringing on foreign waters

BÌNH THUẬN – The People’s Committee of the south-central province of Bình Thuận on May 7 requested extra efforts to resolutely not let any local fishing vessels and fishermen violate foreign waters so as to fight illegal, unreported and unregulated (IUU) fishing.
Điện Biên Phủ Victory shows strength of intelligence, public consensus: Officer

Điện Biên Phủ Victory shows strength of intelligence, public consensus: Officer

The Điện Biên Phủ (May 7, 1954) was not only a victory of the strength of intelligence and public consensus but also contributed to the end of the resistance war against the French colonialists of the Vietnamese army and people.
HCM City works to put Metro Line No. 1 into operation soon

HCM City works to put Metro Line No. 1 into operation soon

Ho Chi Minh City's Metro Line No. 1 (Ben Thanh–Suoi Tien) is close to the finish line but is facing some difficulties, thus the local administration and the investor are making efforts to remove obstacles so that the it can start commercial operation soon.
Online administrative procedures to be processed on one app only from July 1

Online administrative procedures to be processed on one app only from July 1

HÀ NỘI — Deputy Prime Minister Trần Lưu Quang has asked relevant ministries and localities to use the Vietnam Electronic Identification (VNeID) as the only app in administrative procedure performance from July 1, 2024 to save time and costs.
Habeco, northern beer Industry icon, reports largest quarterly loss in four years

Habeco, northern beer Industry icon, reports largest quarterly loss in four years

Habeco's leaders attributed the negative profits to a decrease in financial revenue caused by lower deposit interest rates, resulting in a 16 per cent decline to nearly VNĐ38 billion.
PV Gas unions launch book donation program

PV Gas unions launch book donation program

(VEN) - On the occasion of the 10th anniversary of the Vietnam Book and Reading Culture Day (April 21, 2014 - 2024), to honor the value of books and promote reading culture among students at primary schools, the Trade Union and Youth Union organizations of Petrovietnam Gas Joint Stock Corporation (PV GAS) launched a book donation program with the theme “Donating a book, giving a future.”
Vietnam Airlines reports profit in H1

Vietnam Airlines reports profit in H1

Vietnam Airlines (VNA) reported after-tax profit of VNĐ4.44 trillion (US$173.19 million) in Quarter 1 as it is strengthening its international flights and restructuring.
Phenikaa targets to train over 8,000 semiconductor chip design engineers by 2030

Phenikaa targets to train over 8,000 semiconductor chip design engineers by 2030

The Phenikaa Semiconductor Training Centre will conduct research and training activities in IC design, semiconductors, technology transfer, international cooperation, resource mobilisation, and collaboration and cooperation with domestic and foreign partners to promote research and training activities on semiconductor chip design.
tcty-dau-khi-vn-pv-power-2022
“The Road to Dien Bien Phu” full of emotion

“The Road to Dien Bien Phu” full of emotion

(VEN) - To mark the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024), the Vietnam Fine Arts Museum held the “The Road to Dien Bien Phu” exhibition to introduce 70 outstanding artworks, such as paintings, graphics, sculptures, sketches, and posters by 34 authors produced between 1949 and 2009.
Vietnamese celebrated director to head jury at Shanghai International Film Festival

Vietnamese celebrated director to head jury at Shanghai International Film Festival

According to the organisers of the film festival, the works of the Vietnamese French director and scriptwriter, who won the Best Director Award at the 76th Cannes Film Festival in 2023 for The Taste of Things, blend the expressions of Eastern and Western cultures, with sensitivity, delicacy, and a romantic style.
HCM City launches international photo contest

HCM City launches international photo contest

Vietnamese and foreign photographers, both amateurs and professionals, are encouraged to take part in the third HCM City International Photography Contest.
Optimising UNESCO titles for national development

Optimising UNESCO titles for national development

With 65 UNESCO titles spanning all the 63 cities and provinces, Việt Nam contributes to enriching, protecting, and promoting the cultural treasures of humanity. This helps international friends better understand the country, its people, traditions, and history.
Fansipan Rose Festival 2024 offers tourists fascinating experiences

Fansipan Rose Festival 2024 offers tourists fascinating experiences

(VEN) - Themed “A Millions Roses,” the Fansipan Rose Festival 2024 which takes place in Sa Pa, Lao Cai from April 27 to June 30, will feature unique, attractive and completely new activities.
Green transformation in tourism starts with correct understanding, awareness: expert

Green transformation in tourism starts with correct understanding, awareness: expert

Many tourism businesses still have insufficient and incorrect understanding of these principles so the implementation of green tourism within the Vietnamese business community is still limited.
7 places that are worth a visit in Điện Biên

7 places that are worth a visit in Điện Biên

Here are seven recommended places for those who intend to visit the province.
HCM City achieves $127 million in tourism revenue over five-day holiday

HCM City achieves $127 million in tourism revenue over five-day holiday

HCM City’s tourism revenue is estimated at more than VNĐ3.23 trillion (US$127 million) during the five-day holiday celebrating Reunification Day from April 27-May 1, according to the city Department of Tourism.
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