Industry & trade restructuring project approved

06:00 | 06/03/2023 Policy Follow Ven.vn on

(VEN) - Deputy Prime Minister Tran Hong Ha recently signed Decision 165/QD-TTg approving the industry and trade sector’s restructuring project until 2030.

The project is aimed at promoting economic restructuring for increased labor productivity, improved growth quality and enhanced competitiveness; creating new driving forces for economic growth and an effective management model to accelerate industrialization and modernization for rapid and sustainable development. The project will contribute to turning Vietnam into a nation with high industrial competitiveness by 2030.

Specific targets include increasing the added value of industrial production by more than 8.5 percent per year; ensuring the balance of energy supply and demand with the ratio of energy consumption per unit of gross domestic product (GDP) down 1-1.5 percent per year; and maintaining trade surplus growth at 6-8 percent per year.

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Việt Nam always supports Cuba's revolutionary causes: Party official

18:17 | 02/03/2023 Policy

Head of the Party Central Committee’s Commission for External Relations Lê Hoài Trung held online talks with his Cuban counterpart Emilio Lozada Garcia late February 28.

Gov't bodies asked to coordinate in prevention, control of money laundering, terrorist financing

15:21 | 27/02/2023 Policy

Prime Minister Pham Minh Chinh has signed Decision No. 64/QD-TTg dated February 8, 2023, promulgating the regulations on coordination among ministries, ministerial-level agencies, and governmental agencies in prevention and control of money laundering and terrorist financing.

Prime Minister sets tasks to clear highway construction hindrances

14:25 | 24/02/2023 Policy

Prime Minister Pham Minh Chinh signed Public Telegram 57/CD-TTg, on February 19, on measures to solve shortcomings and accelerate the progress of major road projects.

New legal documents in first half of February 2023

06:00 | 21/02/2023 Policy

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.

Viet Nam to issue e-passports in March

07:00 | 18/02/2023 Policy

The Ministry of Public Security and the Vietnamese diplomatic missions abroad will officially issue passports containing electronic chips for Vietnamese citizens from March 1, 2023.

Minister Diên and US Trade Representative discuss strengthening Comprehensive Partnership

19:47 | 14/02/2023 Vietnam and other regions

Katherine Tai is on her first visit to Việt Nam, which is also the first visit at the ministerial-economic level of the Biden administration. The visit is part of a string of activities marking the 10th anniversary of the Việt Nam-US comprehensive partnership.

New legal documents in second half of January 2023

10:00 | 10/02/2023 Policy

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.

PM urges focus on investment, export and consumption

06:00 | 10/02/2023 Policy

(VEN) - Industrial production recovered across the board throughout Vietnam last year, with processing and manufacturing growing at a rate of 8.1 percent, according to a report presented at a recent conference organized by the Ministry of Industry and Trade (MoIT) and attended by Prime Minister Pham Minh Chinh.

Screening tools to enhance FDI quality

06:00 | 05/02/2023 Policy

(VEN) - A set of foreign direct investment (FDI) screening tools was launched recently as a result of cooperation between the Vietnam Chamber of Commerce and Industry (VCCI) and the United Nations Development Program (UNDP), promising enhanced effectiveness of foreign investment flows into Vietnam.

Prime Minister demands faster disbursement of public investment capital

17:29 | 03/02/2023 Policy

Prime Minister Pham Minh Chinh demanded faster pace of public investment capital disbursement while chairing the Cabinet meeting on Thursday.

Latest Most Read

Asian investors increasingly keen on Vietnam

13:00 | 26/03/2023 FDI

(VEN) - Vietnam is considered a promising destination for investment from Asia, as evidenced by the increasing operations of multinational corporations.

Bac Kan produce takes off

10:00 | 26/03/2023 Industry promotion

(VEN) - Efficient trade promotion has helped agricultural and unique products of the northern province of Bac Kan reach foreign markets, including the Czech Republic and Japan, among others.

Stock market violations to face stricter sanctions

07:10 | 26/03/2023 Stock Market

The State Securities Commission (SSC) will review the Law on Securities and related decrees to complete the legal framework, and strengthen sanctions for violations to protect the legitimate rights and interests of investors.

Let’s go fly a kite

06:00 | 26/03/2023 Lifestyle

(VEN) - The annual kite flying festival of Ba Duong Noi Village in Hanoi’s suburban district of Dan Phuong is held on the 15th day of the third lunar month.

Vietnamese noodles clear EU safety hurdle

15:09 | 25/03/2023 Foreign trade

(VEN) - All of Vietnam’s instant noodle exports to Europe in the second half of 2022 have been found free of banned chemical residues, paving the way for eased inspection regimes of these popular products shipped to European markets.

Xoan singing in Phu Tho Province

06:00 | 12/03/2023 Lifestyle

(VEN) - Xoan singing is an ancient art performed during the first two months of the lunar year and designated by the United Nations Educational, Scientific and Cultural Organization (UNESCO) as a valuable intangible cultural heritage of the northern Vietnamese province of Phu Tho. It is based on the Vietnamese practice of ancestor worship and dates back to the period of the 18 Hung kings who ruled northern Vietnam from 2879-258 BCE. However, some music researchers believe that Xoan singing emerged much later, during the Later Le Dynasty (1428-1789 AD), as the lyrics bear literary forms and styles of the period.

Son La Dam’s powerful tourism potential

06:00 | 11/03/2023 Tourism

(VEN) - The area of the Son La hydropower reservoir, with its cultural features of the Thai, Tay and La Hu ethnic groups, is being awakened by tourism development to benefit local residents.

Ministry betters business environment

13:00 | 11/03/2023 Economy

(VEN) - The Ministry of Industry and Trade (MoIT) has implemented government resolutions on improving the business environment and enhancing national competitiveness.

Hanoi economy presents mixed picture

13:00 | 12/03/2023 Metropolis

(VEN) - Hanoi’s total retail sales of goods and services increased 18 percent in January compared with the same period last year. The capital has also identified 22 targets for socioeconomic development in 2023.

Efforts urged to find best technology for Vietnam

06:00 | 12/03/2023 Science - Technology

Minister of Planning and Investment Nguyen Chi Dung has called on the Vietnam-Germany Innovation Network (VGI) to further support the National Innovation Centre of Vietnam in developing strategies as well as finding the best and most suitable technologies for Vietnam.

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Ha Long Bay, Cu Chi Tunnels among ten adventurous tourism places in Southeast Asia

07:00 | 25/03/2023 Infographic

The travel magazine The Travel has listed Ha Long Bay in the northern coastal province of Quang Ninh and Cu Chi Tunnels in Ho Chi Minh City among the ten must-visit epic and adventurous places in Southeast Asia.

Vietnam-Italy trade partnership

13:00 | 23/03/2023 Infographic

Two-way trade turnover between Vietnam and Italy has doubled since 2010. Vietnam is Italy’s largest trading partner in ASEAN, while Italy is Vietnam’s fourth largest trading partner in the EU.

Renowned Vietnamese artists collaborate on unique porcelain artworks

06:00 | 23/03/2023 Lifestyle

Titled "Hoa Trên Hoa Kết Tinh" (Flowers on Crystallised Flowers), the exhibition will showcase 13 crystallised porcelain items created by Lê Ngọc Thạch, a famed artisan from Bát Tràng, and painted by the internationally-acclaimed overseas Vietnamese artist Hồng Đức Thanh.

Vietnamese culture and silk are topics of event dedicated to women

06:00 | 25/03/2023 Lifestyle

More than 100 female diplomats, representatives of international organisations in Hà Nội, and spouses of foreign ambassadors in Việt Nam gathered at the event.

The first Vietnamese bread festival

06:00 | 25/03/2023 Entertainment

(VEN) - The first Vietnamese bread or “banh mi” festival will take place in Ho Chi Minh City from March 30 to April 2.

Policy

New legal documents in first half of March 2023

06:00 | 23/03/2023 Policy

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.

Animal feed industry asks for import tax reduction on raw materials

09:55 | 20/03/2023 Policy

The Government has received a proposal from the Vietnam Feed Association to eliminate the import tax on soybean meal, currently set at 2%.

Over 250 petitions submitted to authorities on fragility of petroleum regulations

18:07 | 16/03/2023 Policy

The petitions concern the alteration of petroleum business restrictions in decrees No.83/2014/ND-CP and No.95/2021/NQ-CP, resulting in losses for retail establishments.

New legal documents in second half of February 2023

07:00 | 12/03/2023 Policy

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.

Industry & Trade

Bac Kan produce takes off

10:00 | 26/03/2023 Industry promotion

(VEN) - Efficient trade promotion has helped agricultural and unique products of the northern province of Bac Kan reach foreign markets, including the Czech Republic and Japan, among others.

Bac Giang develops rural industrial exports

07:00 | 25/03/2023 Industry promotion

(VEN) - The northern province of Bac Giang has become an industrial development center in recent years, with industry making a growing contribution to the provincial gross regional domestic product (GRDP). However, many rural industrial establishments in Bac Giang remain small-scaled and lack investment capital, equipment, machinery and technology, limiting production capacity, product quality, competitiveness, and domestic and foreign market expansion.

Ocean dialogue dicusses offshore renewable energy potential

09:53 | 24/03/2023 Energy

Offshore renewable energy was the centre of discussion at the 10th Ocean Dialogue in the central province of Khanh Hoa on March 23.

Vietnam Manufacturing Expo & NEPCON Vietnam exhibition 2023 kick off

16:41 | 22/03/2023 Support industries

Reed Tradex Vietnam, the ASEAN's leading exhibition organizer announced the kick-start of Vietnam Manufacturing Expo (VME) & NEPCON Vietnam exhibition 2023.

Investment

Asian investors increasingly keen on Vietnam

13:00 | 26/03/2023 FDI

(VEN) - Vietnam is considered a promising destination for investment from Asia, as evidenced by the increasing operations of multinational corporations.

India introduces pharmaceutical industry' opportunities to potential Vietnamese investors

19:54 | 23/03/2023 Vietnam and other regions

Invest India, the National Investment Promotion & Facilitation Agency, had networking hybrid meet in Ho Chi Minh City, introducing investment opportunities in Indian pharmaceutical industry to potential Vietnamese investors.

Vietnam attracts Czech investors

06:00 | 23/03/2023 FDI

(VEN) - A delegation of top Czech companies, led by Czech Minister of Industry and Trade Jozef Síkela, visited Vietnam in February to explore investment and business opportunities.

US businesses exploring investment, business opportunities in Vietnam

10:01 | 21/03/2023 FDI

Representatives of more than 50 US companies will visit Vietnam from March 21-22 to discuss investment and business opportunities under an annual programme hosted by the US-ASEAN Business Council.

Finance-Banking

Stock market violations to face stricter sanctions

07:10 | 26/03/2023 Stock Market

Vietnam to develop policies to adapt to global minimum tax

07:05 | 23/03/2023 Finance-Banking

Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.

Vietnam seeks response to corporate tax overhaul

06:00 | 20/03/2023 Finance-Banking

(VEN) - All European Union states and many other countries will introduce a global minimum tax (GMT) of 15 percent on large corporations by the start of 2024, and Vietnam is being urged to devise appropriate policies and adapt to the new taxation.

Vietnam’s regulatory interest rates to be reduced by 0.5-1 percent

07:05 | 16/03/2023 Finance-Banking

The State Bank of Vietnam (SBV) on March 14 issued two decisions to reduce regulatory interest rates by 0.5% to 1%, which will come into force on March 15.

Environment

The value of wood scraps for business

13:00 | 25/03/2023 Environment

(VEN) - Reusing scraps derived from most stages of wood exploitation and processing will increase business profits by two to three percent.

New river trash capture tool launched in Nam Dinh Province

15:00 | 23/03/2023 Environment

On March 23, the Center for Marinelife Conservation and Community Development (MCD) cooperated with the Department of Natural Resources and Environment (DONRE) of Nam Dinh Province, the People's Committee of Nam Thang Commune, and other local partners to organize the event “Launching river trash capture tool” at Village 4 in Xuan Thanh Commune of Nam Dinh Province’s Xuan Truong District.

Việt Nam carries out measures for healthy forests

10:30 | 22/03/2023 Environment

At a forum on the International Day of the Forest yesterday in Hà Nội, Phạm Hồng Lượng, chief of office of the General Department of Forestry, stressed the importance of raising awareness about the role of forests in human life to work together in forest protection and sustainable forest exploitation.

COP28 President-Designate to co-chair Copenhagen climate ministerial meeting

09:46 | 22/03/2023 Environment

Dr. Sultan Al Jaber, COP28 President-Designate, will visit Copenhagen to co-chair the Copenhagen Climate Ministerial with His Excellency Sameh Shoukry, Minister of Foreign Affairs, COP27 President and Foreign Minister of the Arab Republic of Egypt.

Science - Technology

Vietnam, Thailand beef up sci-tech, educational collaboration

06:00 | 25/03/2023 Science - Technology

Thailand will further promote sci-tech and education cooperation with Vietnam, including a plan to teach Vietnamese at some local universities, affirmed Minister of Higher Education, Science, Research and Innovation (MHESI) Anek Laothamatas in a working session with Vietnamese Ambassador Phan Chi Thanh in Bangkok on March 20.

Science, technology, innovation promoted to support national development

06:00 | 22/03/2023 Science - Technology

Various measures will be rolled out from now to 2025 to fine tune science and technology organisations and perfect the legal foundation for state management of science, technology and innovation.

Vietnam introduces automated sorting system

13:00 | 20/03/2023 Make in Vietnam

(VEN) - The successful design, manufacturing and operation of an automatic goods sorting system has contributed to optimizing the production process and cutting the costs of logistics enterprises. Vietnam Economic News’ Quynh Nga interviewed Dr. Phan Dang Phong, Director of the National Research Institute of Mechanical Engineering (NARIME) under the Ministry of Industry and Trade (MoIT), about this technology.

Domestic ICT firms well-positioned to reach out to the world

06:00 | 20/03/2023 Science - Technology

Vietnam's information and communication technology (ICT) companies are well-positioned to make strong breakthroughs and reach out to the world in the near future, on the back of widespread Internet access, abundant workforce and support from authorities at all levels.

Society

Agriculture sector to use AI to maximise production

10:42 | 24/03/2023 Society

Despite being a relatively new concept in the country, the adoption of AI in Việt Nam's agriculture industry has gained significant interest from both the government and manufacturing firms due to its numerous advantages over traditional agricultural methods.

Việt Nam strives to eliminate malaria once and for all

09:16 | 23/03/2023 Society

The Ministry of Health has announced plans to review, amend, and supplement professional guidelines to ensure nationwide implementation and assess the National Strategy for Malaria Prevention, Control, and Elimination by 2020 with a view towards 2030.

Transport infrastructure fund needed to enhance Southeast regional linkages

Industry & trade restructuring project approved

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