More than a million low-income homes to be built by 2030

More than a million low-income homes to be built by 2030

Under a new initiative approved by Deputy Prime Minister Trần Hồng Hà more than one million homes will be built for low-income and industrial park workers by 2030.
Strong signals of positive year for industrial real estate market

Strong signals of positive year for industrial real estate market

CBRE Vietnam has reported that Việt Nam's industrial real estate sector is poised for a prosperous year in 2023 due to a surge in demand.
Credit crunch burdens real estate market

Credit crunch burdens real estate market

(VEN) - Credit plays a major role in the recovery of the real estate market, but in light of major debts, experts are advising that capital be provided only for reliable projects.
Hunting for real estate investment opportunities after Tet

Hunting for real estate investment opportunities after Tet

Although the market faced a standstill at the end of 2022, wealthy investors are still hunting for potential business opportunities after the Lunar New Year holiday.
The OpusK by SonKim Land Triumphs at Vietnam Property Awards 2023

The OpusK by SonKim Land Triumphs at Vietnam Property Awards 2023

These achievements have further solidified SonKim Land's esteemed reputation in the Vietnamese real estate market.
BCI Central celebrates the best in Vietnam architecture, building and design industry

BCI Central celebrates the best in Vietnam architecture, building and design industry

The highly anticipated annual BCI Asia Awards ceremony took place in Ho Chi Minh City. During this prestigious event, Vietnam's 10 most-active architecture firms and property developers were honoured with the esteemed BCI Top 10 Awards.
M&A to pick up in property market

M&A to pick up in property market

HÀ NỘI — Domestic property developers are looking to sell assets and shares to deal with debts, restructure, maintain cash flow and keep operations going, according to industry experts.
A great chance to invest in commercial property

A great chance to invest in commercial property

Vietnam's commercial real estate sector is still in its infancy and is mostly focused on Ho Chi Minh City and Hanoi. However, industry analysts assert that the market area has a great deal of untapped potential.
Industrial real estate market recovers strongly

Industrial real estate market recovers strongly

(VEN) - Vietnam's industrial real estate market is entering a new phase of growth, with major deals in key locations.
Banks tightening real estate credit to limit risks

Banks tightening real estate credit to limit risks

(VEN) - The State Bank of Vietnam (SBV) has asked credit institutions to restrict lending concentration for real estate businesses.
Bright prospects for Vietnam’s industrial real estate market

Bright prospects for Vietnam’s industrial real estate market

(VEN) - The Vietnam Competition and Consumer Authority under the Ministry of Industry and Trade published a report on competition in the industrial real estate sector in Vietnam, indicating fierce competition among regions and bright prospects for the market.
Vietnam, an ideal destination for real estate investors

Vietnam, an ideal destination for real estate investors

(VEN) - Thanks to a number of positive factors such as an average annual growth rate of 6-7 percent over many years, a gradually improved legal environment for real estate, a digital transformation policy and mechanisms, a stable political environment, and a large labor and consumer market, Vietnam is evaluated as an ideal destination for investment, including in the real estate market.
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Grand ceremony, parade mark 70th anniversary of Dien Bien Phu Victory

Grand ceremony, parade mark 70th anniversary of Dien Bien Phu Victory

The Party Central Committee, the National Assembly (NA), the State President, the Government, the Vietnam Fatherland Front (VFF) Central Committee, and the northwestern province of Dien Bien held a grand ceremony on May 7 in celebration of the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024).
“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.
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.
Vietnam, France agree to strengthen their strategic partnership

Vietnam, France agree to strengthen their strategic partnership

French Minister of the Armed Forces Sébastien Lecornu's visit "holds significant importance in strengthening the Việt Nam-France Strategic Partnership and reaffirms their commitment to leaving the past behind and moving forward".
PM offers incense to fallen soldiers in Điện Biên Phủ

PM offers incense to fallen soldiers in Điện Biên Phủ

Prime Minister Phạm Minh Chính offered incense to heroes and martyrs at the A1 cemetery in Điện Biên Phủ city, the northern province of Dien Bien on May 6, on the occasion of the 70th anniversary of the Điện Biên Phủ Victory (May 7).
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.
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.
Over 61,000 people visit President Ho Chi Minh mausoleum on national holidays

Over 61,000 people visit President Ho Chi Minh mausoleum on national holidays

More than 61,000 people, including 3,919 foreigners, paid tribute to President Ho Chi Minh at his mausoleum in Hanoi during the five-day National Reunification (April 30) and May Day (May 1) holidays, starting from April 27.
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.
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.
Lang Son Geopark well-prepared for global recognition

Lang Son Geopark well-prepared for global recognition

(VEN) - Currently, Lang Son Provincial People’s Committee has completed the criteria for infrastructure and landscape of Lang Son Geopark to submit to UNESCO for global recognition as a Global Geopark in early 2025.
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