Amended chemical law reduces administrative procedures

Amended chemical law reduces administrative procedures

HÀ NỘI — The draft revised Law on Chemicals will reduce administrative procedures and simplify processes to ensure consistency of the legal system.
New regulations introduced to tighten up the way charity and social funds are operated

New regulations introduced to tighten up the way charity and social funds are operated

The government has issued a new decree revising the organisation and operations of social and charitable funds.
Increasing salaries, allowances and reducing retirement age for teachers under new draft law

Increasing salaries, allowances and reducing retirement age for teachers under new draft law

The draft law on educators proposes several supportive measures for teachers, including salary increases, enhanced allowances and a potential reduction of the retirement age by five years.
Vietnam to make positive contributions to common work of G77 and China: Ambassador

Vietnam to make positive contributions to common work of G77 and China: Ambassador

New York - Vietnam, as one of the founding members, will continue to make positive contributions to the common affairs of the Group of 77 and China in the spirit of cooperation, friendship, and promotion of multilateralism, Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN, has said.
Việt Nam, others call on US to immediately end embargo against Cuba

Việt Nam, others call on US to immediately end embargo against Cuba

UN General Assembly adopted a resolution entitled “Necessity of ending the economic, commercial and financial embargo imposed by the United States of America against Cuba” with 187 votes in favour, two against, and one abstention.
Major policy changes set to take effect this November

Major policy changes set to take effect this November

Several new policies will come into effect in November, including the removal of audio and video oversight for traffic police, a requirement for sufficient funds when buying stocks and significant fines for lawyers who insult judges or prosecutors.
Gov’t submits to the NA a draft law amending seven laws

Gov’t submits to the NA a draft law amending seven laws

HÀ NỘI — The National Assembly has heard the Government report on a draft law amending several points of seven laws, which could open up the bond market and upgrade the status of the stock market.
Crackdown on "three Nos", “ghost” ships to combat IUU fishing: Deputy PM

Crackdown on "three Nos", “ghost” ships to combat IUU fishing: Deputy PM

Deputy Prime Minister Trần Hồng Hà has requested putting an end to the situation where fishing vessels are operating at sea but remain unmanageable.
Việt Nam treasures traditional friendship with Venezuela: PM

Việt Nam treasures traditional friendship with Venezuela: PM

PM Phạm Minh Chính commended Venezuela’s recent socio-economic achievements and expressed his confidence that the Venezuelan Government and people will overcome current challenges, achieving further successes, for peace, stability, and development of the country, and the happiness of its citizens.
Party leader suggests fostering Việt Nam-China defence ties

Party leader suggests fostering Việt Nam-China defence ties

Lauding cooperation between the two central military commissions and defence ministries, the host asked the two armies to further promote their political trust through regular meetings and exchanges between their leaders.
Prime Minister stresses comprehensive, people-centred approaches during expanded BRICS Summit

Prime Minister stresses comprehensive, people-centred approaches during expanded BRICS Summit

Stressing the role of BRICS in strong cooperation and development among countries, the Vietnamese leader proposed five strategic connections to contribute to the bloc’s efforts for a better world.
Canada sees cooperation with ASEAN central to security in East Sea

Canada sees cooperation with ASEAN central to security in East Sea

Canada expressed concerns over the continued militarisation of the sea, to reinforce unilateral claims over disputed areas, calling out the use of the naval coast guard and maritime militia vessels to intimidate and threaten other states.
New decree caps sales of excess rooftop solar power

New decree caps sales of excess rooftop solar power

HÀ NỘI — Excess rooftop solar power can be sold to the national grid at no more than 20 per cent of the installed capacity, according to a new Government decree on encouraging self-produced and self-consumed rooftop solar power issued on Tuesday.
Vietnamese, Lao defence ministers hold talks, pledging to build border of peace and development

Vietnamese, Lao defence ministers hold talks, pledging to build border of peace and development

The two sides pledged to better maintain existing cooperation mechanisms, such as annual high-level delegation exchanges and the deputy ministerial-level defence policy dialogue; improve the effectiveness of military and defence cooperation, especially in responding to non-traditional security challenges.
New decree to overhaul investment in education

New decree to overhaul investment in education

Foreign universities seeking to establish branch campuses in Việt Nam must meet stringent criteria, including being among the top 500 universities globally in the previous three years.
Decree developed to tighten management on imported products via e-commerce

Decree developed to tighten management on imported products via e-commerce

Việt Nam is currently among the top 10 countries with the highest e-commerce growth rate in the world with revenue reaching nearly VNĐ498.9 trillion (US$20.1 billion) in 2023.
EC’s proposal to delay EUDR implementation by one year give more time for preparation

EC’s proposal to delay EUDR implementation by one year give more time for preparation

HÀ NỘI — The European Commission has proposed postponing the implementation of the EU Deforestation Regulation (EUDR) by one year, allowing Vietnamese companies to be fully prepared in their due diligence obligations, according to the Việt Nam Trade Office in the EU.
Brief biography of State President Lương Cường

Brief biography of State President Lương Cường

He is a member of the Party Central Committee for the 11th, 12th and 13th tenures, Secretary of the 12th Party Central Committee; member of the 13th Party Central Committee's Politburo; and permanent member of the 13th Party Central Committee’s Secretariat.
Top leader highlights innovation in law-making to leverage growth potential

Top leader highlights innovation in law-making to leverage growth potential

HÀ NỘI — Party General Secretary and State President Tô Lâm on Monday addressed the National Assembly (NA), stressing innovation in lawmaking to leverage all potential and resources for growth.
General Lương Cường elected as State President

General Lương Cường elected as State President

HÀ NỘI — The National Assembly on Monday afternoon voted to pass a resolution electing General Lương Cường, 67, as the State President for the 2021-26 term, after announcing the vote count results.
Land access for businesses to be reviewed to address obstacles

Land access for businesses to be reviewed to address obstacles

Although the 2024 Land Law has introduced many changes regarding land acquisition and allocation, businesses still face difficulties in accessing land for projects related to healthcare and education services, especially in the context of high commercial land prices.
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Logistics firms optimistic about growth prospects in 2025: Survey

Logistics firms optimistic about growth prospects in 2025: Survey

The logistics industry’s business community has expressed optimism about growth prospects in 2025, with nearly 42% of companies surveyed by Vietnam Report JSC affirming that their business outlook will be more positive.
Long-term strategies needed to prepare for rising power demand

Long-term strategies needed to prepare for rising power demand

As Vietnam’s electricity consumption demand in 2025 is forecast to show double digit growth, 10.5-13% compared to 2024, manufacturing needs to have long-term investment strategies to minimise risks from fluctuations in prices and supply, experts said.
Vietnam urged to bolster global integration, multilateralism for new era

Vietnam urged to bolster global integration, multilateralism for new era

In a move to usher Vietnam into a new era of growth and prosperity, Vietnam should double down on its global integration efforts and strengthen its commitments to multilateralism, according to Vietnamese representative in Switzerland and foreign former officials.
Ha Tinh: 90 wild animals released back to nature

Ha Tinh: 90 wild animals released back to nature

Authorities have released 90 wild animals of 14 species into Vu Quang National Park in the central province of Ha Tinh.
India launches anti-dumping investigation on nylon yarn imports from Vietnam

India launches anti-dumping investigation on nylon yarn imports from Vietnam

India’s Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into nylon filament yarn imported from China and Vietnam, the Trade Remedies Authority of Vietnam reported.
glorious tradition of the vietnam peoples army

Glorious tradition of the Vietnam People's Army

The Vietnam People’s Army (VPA) celebrate its 80th founding anniversary on December 22, 2024, a milestone in the army’s glorious history of serving and defending the nation. After 80 years of construction and development, the VPA has truly proven its revolutionary nature as an army “born from the people, fighting for the people, and serving the people”.
total fdi registered in vietnam hits 314 billion usd in january november

Total FDI registered in Vietnam hits 31.4 billion USD in January-November

As of November 30, 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors in Vietnam reached nearly 31.4 billion USD, up 1% increase compared to the same period last year.
first 11 months of 2024 import export turnover increases 154

First 11 months of 2024: Import-export turnover increases 15.4%

In the first 11 months of this year, Vietnam’s total import-export turnover reached 715.55 billion USD, up 15.4% against the same period last year, of which exports rose by 14.4% and imports up 16.4%. In the reviewed period, Vietnam enjoyed a trade surplus of 24.31 billion USD.
11 month agro forestry fishery exports exceed yearly target

11-month agro-forestry-fishery exports exceed yearly target

Vietnam’s total export turnover of agro-forestry-fishery products in the first 11 months of 2024 reached 56.74 billion USD, an increase of 19% over the same period in 2023. The sector has exceeded the set target of 54-55 billion USD for the whole year, and is confidently aiming for a new record of 60 billion USD.
hanoi achieves or exceeds 2324 socio economic targets for 2024

Hanoi achieves or exceeds 23/24 socio-economic targets for 2024

Hanoi achieves rather comprehensive results in its socio-economic development in 2024, with 23/24 targets completed or exceeded.
Innovation, acceleration lead Vietnam into new era

Innovation, acceleration lead Vietnam into new era

On the occasion of the New Year 2025, Prime Minister Pham Minh Chinh has written an article stressing the importance of innovation, creativity, acceleration, and breakthroughs to lead Vietnam steadily into a new era – the era of rising up for strong, civilised and prosperous development of the Vietnamese nation.
Organization downsizing must be linked to improvement of staffing quality: PM

Organization downsizing must be linked to improvement of staffing quality: PM

Prime Minister Pham Minh Chinh has requested linking organizational downsizing with improving the quality of civil servants, public employees, and officials, to ensure government agencies operate effectively, efficiently, and with capable personnel.
Amended Electricity Law proves MoIT’s institutional improvement success

Amended Electricity Law proves MoIT’s institutional improvement success

(VEN) - The amended Electricity Law has been recently passed by the National Assembly, marking a new milestone deeply influenced by the Ministry of Industry and Trade (MoIT) in enhancing the institutional framework in a “rapid” spirit.
Ministry proposes extending agricultural land tax exemption through 2030

Ministry proposes extending agricultural land tax exemption through 2030

The Ministry of Finance has proposed the National Assembly extend the agricultural land tax exemption until December 31, 2030, a move aimed at encouraging investments in agriculture and rural areas to improve the competitive edge of the agricultural products amidst deeper international integration.
Revised Power Development Plan VIII to be submitted by February

Revised Power Development Plan VIII to be submitted by February's end

The Ministry of Industry and Trade (MoIT) will submit the revised National Power Development Plan VIII to the Prime Minister for approval by February 28, 2025, Deputy Minister Nguyen Hoang Long has said.
New 300-hectare industrial zone near Long Thanh Airport

New 300-hectare industrial zone near Long Thanh Airport

A 300-hectare industrial zone near the mega Long Thanh International Airport has been licensed for development.
Vietnam, Canada have opportunity to cooperate in nuclear power: former Canadian Deputy PM

Vietnam, Canada have opportunity to cooperate in nuclear power: former Canadian Deputy PM

Nuclear power is one of the priority areas where Canada and Vietnam can cooperate, and both sides have a good opportunity to share this technology and build nuclear reactors to provide their economies with clean, zero-emission energy, according to Jean Charest, former Deputy Prime Minister of Canada and former Premier of Québec.
Industry sector asked to urgently restart Ninh Thuan nuclear power project

Industry sector asked to urgently restart Ninh Thuan nuclear power project

The industry and trade sector should exert efforts to speed up the implementation of the revised Electricity Law and the policy on restarting the Ninh Thuan nuclear power project in the south-central province of the same name, Deputy Prime Minister Bui Thanh Son has said.
Dong Trieu city emerges as Vietnam’s new investment hotspot

Dong Trieu city emerges as Vietnam’s new investment hotspot

The newly-established city of Dong Trieu is positioning itself as a promising investment destination in the northern region, marking its elevation from township status as Quang Ninh province’s fifth city from November 1 last year.
An Giang upgrades infrastructure to attract investment

An Giang upgrades infrastructure to attract investment

In recent years, the government and An Giang Province have invested in major transportation projects aimed at upgrading and ensuring the smooth connectivity of key national and provincial roads, as well as routes connecting industrial zones and tourist areas.
Binh Duong creates many incentives for large FDI projects

Binh Duong creates many incentives for large FDI projects

Southern Binh Duong province has attracted more than 2 billion USD in foreign direct investment (FDI) in 2024, exceeding the set target, continuing to reinforce its position as one of the country’s best performers in FDI attraction.
Vietnam increasingly attractive to foreign investors

Vietnam increasingly attractive to foreign investors

(VEN) - Many economists and international organizations forecast Vietnam can attract US$39-40 billion of foreign direct investment (FDI) in 2024, comparable to the result achieved in 2023, over US$39 billion.
Financial sector asked to promote creativity in performing tasks for 2025

Financial sector asked to promote creativity in performing tasks for 2025

Prime Minister Pham Minh Chinh chaired a conference in Hanoi on December 31 to review budgetary-financial affairs in 2024 during which he requested the financial sector to change mindset and promote creativity to complete all finance-budget-related tasks in 2025.
Forecast upbeat for banking industry in 2025

Forecast upbeat for banking industry in 2025

Commercial banks' pre-tax profits in 2025 are forecast to grow by 14.9% year-on-year, while bad debt has peaked and is expected to decrease next year.
Banking sector: Capital flows with no congestion

Banking sector: Capital flows with no congestion

(VEN) - So far, despite the difficulties in capital sources, the Vietnamese banking sector continued to maintain stability. Capital injection into the economy has been more favorable, with no congestion like in previous years. That is a great achievement of the sector in 2024.
Cashless payment requires biometric data updating from January 1, 2025

Cashless payment requires biometric data updating from January 1, 2025

From January 1, 2025, customers will not be able to perform any digital transactions on mobile if they have not completed the biometric information update.
Ha Tinh: 90 wild animals released back to nature

Ha Tinh: 90 wild animals released back to nature

Authorities have released 90 wild animals of 14 species into Vu Quang National Park in the central province of Ha Tinh.
Centre to apply AI to tropical cyclone forecasting

Centre to apply AI to tropical cyclone forecasting

The Hanoi University of Science and Technology's Institute for Research and Application of Artificial Intelligence, alongside relevant units, has been told to work closely with the National Centre for Hydro-Meteorological Forecasting (NCHMF) to integrate artificial intelligence (AI) into the forecasting of tropical cyclones ahead of the 2025 rainy and storm season.
Sowing millions of seeds to green Vietnam’s shared home

Sowing millions of seeds to green Vietnam’s shared home

Each year in Vietnam, millions of seeds are persistently sown to increase forest coverage, contributing to watershed protection, safeguarding mangrove ecosystems, and mitigating the impacts of climate change.
Dong Thap revives red-crowned crane population

Dong Thap revives red-crowned crane population

In a bid to save its iconic symbol, the Mekong Delta province of Dong Thap is embarking on a conservation and development scheme for the critically endangered red-crowned cranes at the Tram Chim National Park for the 2022–2032 period.
MIC urged to promote digital infrastructure, AI application

MIC urged to promote digital infrastructure, AI application

Deputy Prime Minister Ho Duc Phoc has urged the information and communications sector to focus on developing digital infrastructure, strongly accelerate the application artificial intelligence (AI) and promote the digital industry, contributing to the whole country’s efforts to advance to a new era of prosperity and growth.
5G technology to yield US$1.5 billion revenue for Vietnamese telecom operators

5G technology to yield US$1.5 billion revenue for Vietnamese telecom operators

(VEN) - The fifth-generation (5G) technology is forecasted to yield US$1.5 billion in revenue for Vietnamese telecom operators by 2030. 5G services are expected to contribute 7.3-7.4% to Vietnam’s gross domestic product (GDP) growth in 2025.
Safe nuclear power development essential for clean energy frontier: Japanese expert

Safe nuclear power development essential for clean energy frontier: Japanese expert

Vietnam needs to acquire technologies to ensure the safe management of nuclear power plants, and establish an appropriate financial mechanism to secure the substantial initial investment capital for the plan, according to Hisanori Nei, Professor Emeritus of the National Graduate Institute for Policy Studies of Japan.
Innovative startup ecosystem witnesses strong development

Innovative startup ecosystem witnesses strong development

(VEN) - Vietnam is emerging as one of the dynamic emerging economies and a hub for innovative startups in the Asia-Pacific region thanks to a strong development of its innovative business ecosystem.
Capital Law opens the path for building a green Hanoi

Capital Law opens the path for building a green Hanoi

The 2024 Capital Law sets the goal to increase green space, improve environmental quality, and protect biodiversity in the capital Hanoi.
Poverty rate among ethnic minorities decreased by 3.7 percent

Poverty rate among ethnic minorities decreased by 3.7 percent

(VEN) - According to a summary of reports from localities, as of December 31, 2024, the average poverty rate in ethnic minority areas has decreased by 3.7 percent, exceeding the planned target of over 3 percent.
Ho Chi Minh City confidently rises in the new era

Ho Chi Minh City confidently rises in the new era

In 2024, Ho Chi Minh City’s GRDP growth is estimated to reach nearly 7.2% (compared to 5.8% in 2023), with budget revenues surpassing 500 trillion VND (19.6 billion USD), continuing to contribute 26-27% of the total national budget. From 2025 onward, the city’s economy is expected to sustain its recovery momentum, driven by the growth of the service, industrial, and construction sectors.
$74K will be highest Tet bonus in HCMC

$74K will be highest Tet bonus in HCMC

The highest bonus to be paid by any HCMC employer for the upcoming Lunar New Year is VND1.9 billion (US$74,600).
PV GAS Services funds school library embellishment in Binh Phuoc Province

PV GAS Services funds school library embellishment in Binh Phuoc Province

(VEN) - To celebrate the 63rd anniversary of the foundation day of the Vietnamese oil and gas sector (November 27, 1961 - November 27, 2024) and its successful business and production activities in 2024, the Vung Tau Maintenance and Repair Team and the Youth Union of PV GAS Services collaborated with the Red Cross Society of Ba Ria - Vung Tau Province to carry out a meaningful program at Dak Mai Secondary and High School in Bu Gia Map District, Binh Phuoc Province, on December 14.
PV GAS honored for contributions to social security in Ba Ria - Vung Tau

PV GAS honored for contributions to social security in Ba Ria - Vung Tau

(VEN) - On December 25, the Vietnam Fatherland Front Committee of Ba Ria - Vung Tau province held a conference to summarize the work in 2024 and approve the coordination program in 2025.
“PV GAS - Green Energy Journey” a marathon milestone

“PV GAS - Green Energy Journey” a marathon milestone

(VEN) - On December 22, in Hanoi, the “PV GAS - Green Energy Journey” marathon concluded successfully, attracting the participation of 2,200 runners. This event marked a spectacular start to a series of races promoting the meaningful message of environmental protection and sustainable development, organized by the Petrovietnam Gas Joint Stock Corporation (PV GAS).
Vietnam Airlines reports record profit, ending four years of losses

Vietnam Airlines reports record profit, ending four years of losses

Vietnam Airlines is set to achieve a record pre-tax profit of 7.32 trillion VND (287.7 million USD) in 2024, ending four years of losses, with revenue expected to reach 114.7 trillion VND (4.5 billion USD), up 23% from last year.
HCM City eyes sustainable cinema development

HCM City eyes sustainable cinema development

Ho Chi Minh City, boasting a vibrant cultural landscape and dynamic film industry, stands at a crossroads to transform itself into a regional and international film hub.
Cultural Heritage positions national brand in international arena

Cultural Heritage positions national brand in international arena

(VEN) - In 2024, Vietnamese heritage sector has left many positive marks, including the National Assembly’s approval of the amended Law on Cultural Heritage which has contributed to promoting the value, and improving the effectiveness of the management and preservation of cultural heritage.
Raising Vietnam’s value through cultural diplomacy

Raising Vietnam’s value through cultural diplomacy

In November 2024, the “Vietnam Days Abroad” programme made its debut in Latin America, leaving lasting impressions.
“City Tet Fest - Thu Duc 2025” New Year Festival to be held soon

“City Tet Fest - Thu Duc 2025” New Year Festival to be held soon

(VEN) - The New Year Festival “City Tet Fest - Thu Duc 2025” will take place from December 28, 2024 to January 1, 2025 at Saigon Riverside Park, Ho Chi Minh City.
Hanoi a favorite destination for international tourists

Hanoi a favorite destination for international tourists

(VEN) - Welcoming 6.35 million international visitors in 2024, with 4.47 million staying overnight, a 34.4 percent increase compared to 2023, Hanoi is gradually establishing itself as an attractive tourist destination.
Lam Dong welcomes 10 millionth tourist in 2024

Lam Dong welcomes 10 millionth tourist in 2024

The People's Committee of the Central Highlands province of Lam Dong on December 30 hosted a special event to welcome its 10 millionth tourist of the year.
Hoa Binh named among world’s most beautiful destinations: US magazine

Hoa Binh named among world’s most beautiful destinations: US magazine

The northern mountainous province of Hoa Binh has been listed among the 71 most beautiful places to visit worldwide by the prestigious US travel magazine Condé Nast Traveller.
Tourism potential of islands in southwest Vietnam unlocked

Tourism potential of islands in southwest Vietnam unlocked

Kien Giang, a coastal province located in the southwesternmost of Vietnam, boasts over 200 kilometres of coastline and more than 143 islands with picturesque beaches attracting millions of tourists annually.
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