Geographic advantages for economic development

Geographic advantages for economic development

(VEN) - Having identified transport infrastructure as a strategic breakthrough, Quang Ninh Province has been investing in a modern transport system, shortening the distance between localities inside and outside the province and bolstering the connection between national, regional and international traffic networks.
Transport infrastructure key priority

Transport infrastructure key priority

(VEN) - Quang Ninh Province has mobilized major resources from various economic sectors to develop a modern, strategic socioeconomic transportation infrastructure. Vietnam Economic News’ Tien Dung & Thuy Lan discussed the province’s plans with Hoang Quang Hai, Director of the Quang Ninh Province Department of Transport.
Consumer spending in Asia Pacific remains strong, despite rising costs

Consumer spending in Asia Pacific remains strong, despite rising costs

(VEN) -  Global consumer flight bookings throughout this summer stayed 15 percent above 2019 levels; In Singapore, outbound international bookings are over 10 percent higher than pre-pandemic levels; As remote work trends impact how we live and when we shop, consumers are shifting weekend spend to the traditional work week.
Singles Day 2022 set to see consumer shift in Vietnam

Singles Day 2022 set to see consumer shift in Vietnam

Criteo reveals that retail sales increased over the past holidays, but shoppers seek the best shopping experience and value for money in the wake of inflation and the post-Covid-19 recovery.
Giving a boost to logistics development

Giving a boost to logistics development

(VEN) - Quang Ninh Province has invested in major transport infrastructure projects to create conditions for logistics service development in a bid to become a regional logistics and multimodal transportation center connecting Vietnam to the world.
Cross-border and domestic services, tourism thrive

Cross-border and domestic services, tourism thrive

(VEN) -  The northeastern coastal province of Quang Ninh has achieved strong tourism and service development in part due to its greatly improved transport infrastructure.
Province draws growing number of investors

Province draws growing number of investors

(VEN) - Quang Ninh Province has become an attractive destination for foreign investors thanks to its improved investment environment and consistent transport infrastructure.
Vietnam cracks down on plastic pollution

Vietnam cracks down on plastic pollution

To reduce plastic waste pollution, Vietnam is taking specific action to change the behavior and lifestyle of consumers and promote sustainable production.
Generali Vietnam and NFVC inaugurate new kindergarten branch for disadvantaged children

Generali Vietnam and NFVC inaugurate new kindergarten branch for disadvantaged children

Generali Vietnam Life Insurance LLC (Generali Vietnam), in collaboration with the National Fund for Vietnamese Children (NFVC), Dak Lak’s Provincial Fund for Children and Phu Loc Commune’s People’s Committee, recently inaugurated a new branch of Phu Loc Kindergarten in Loc Thai Hamlet, Phu Loc Commune, Krong Nang District, Dak Lak Province.
ICAEW awards qualification and certificate to nearly 200 members and students in Vietnam

ICAEW awards qualification and certificate to nearly 200 members and students in Vietnam

(VEN) - Recently, the Institute of Chartered Accountants in England and Wales (ICAEW) held a ceremony to award the Chartered Accountants - ACA qualification to 13 members, CFAB certificates to 155 students and 26 BFP designation in Hanoi and Ho Chi Minh City.
Most Vietnamese consumers aware of Buy Now Pay Later installment plan

Most Vietnamese consumers aware of Buy Now Pay Later installment plan

Ninety-five percent of Vietnamese consumers are aware of Buy Now Pay Later (BNPL)/installment plan as a payment option, though only a minority have used it in the last year, according to the Mastercard New Payments Index 2022. At the same time, an overwhelming majority said that backing from established financial institutions such as banks would increase their trust and comfort using installments.  
GE Healthcare, TD Medical and Vinmec Healthcare System collaborate to raise awareness of breast cancer

GE Healthcare, TD Medical and Vinmec Healthcare System collaborate to raise awareness of breast cancer

GE Healthcare, TD Medical and Vinmec Healthcare System are collaborating to offer free breast scans at 26 screening facilities across seven major cities in Vietnam to mark Breast Cancer Awareness Month, with the aim of providing 8,000 free scans by the end of 2022.
The competition “SCGP Packaging Speak Out 2022 – Vietnam” announces winners

The competition “SCGP Packaging Speak Out 2022 – Vietnam” announces winners

The final round of ‘SCGP Packaging Speak Out 2022 - Vietnam’ competition was organized in Ho Chi Minh City. Amongst the 11 finalists, team QIN from Van Lang University was named the winner with their unique idea of Mooncake packaging design.  
Unique stone handicraft of Ninh Van Village

Unique stone handicraft of Ninh Van Village

(VEN) - The traditional craft of the Ninh Van stone carving village in Ninh Binh Province has been handed down through the ages, and the village has become an attractive tourist destination.
PVCFC issues Code of Business Conduct, affirms brand standards

PVCFC issues Code of Business Conduct, affirms brand standards

(VEN) - Expressing the elected agriculture vision and mission, the PetroVietnam Ca Mau Fertilizer Joint Stock Company (Ca Mau Fertilizer, PVCFC, Hose: DCM) officially issued the Code of Business Conduct (COC) that is applied to all members. This is the basis for PVCFC to set up policy programs as well as a "guideline" that will guide it towards high-class governance standards, solidify its position in the eyes of customers and partners, and leverage competitive value in the market.
Turning plastic waste into clean energy

Turning plastic waste into clean energy

(VEN) - Parts of the waste collected in Vietnam’s northern provinces are recycled to make RPF (refuse paper and plastic fuel) burning pellets that generate the same amount of heat as coal. This solution both contributes to treating waste and provides an alternative to coal.
BAEMIN honors female customers on the occasion of Vietnamese Women

BAEMIN honors female customers on the occasion of Vietnamese Women's Day

On the occasion of Vietnamese Women's Day (October 20), BAEMIN has launched an interactive in-app activity called "Nàng Thơ" (personalised poetry giving activity for female users).
“Sinh Con, Sinh Cha” discusses parenting topics with hundreds of families in Thanh Hoa City

“Sinh Con, Sinh Cha” discusses parenting topics with hundreds of families in Thanh Hoa City

Generali Vietnam Life Insurance LLC (“Generali Vietnam”), in collaboration with the National Fund for Vietnamese Children (NFVC), Thanh Hoa Province’s Department of Labor, Invalids & Social Affairs and Provincial  Fund for Children, recently organized a "Sinh Con, Sinh Cha" (Born Children, Born Parents) workshop for more than 500 parents, children and the teachers, staff of Hoa Mai Kindergarten in Ngoc Trao District, Thanh Hoa City.
“Clean river - Blue sea” contest launched in Nam Dinh Province

“Clean river - Blue sea” contest launched in Nam Dinh Province

On the morning of October 16, 2022, the Center for Marinelife Conservation and Community Development (MCD), in collaboration with the Department of Natural Resources and Environment (DONRE) of Nam Dinh Province, Giao Thuy District Youth Union and related stakeholders, organized an event series: Community Coastal Clean-up and “Clean river – Blue sea” Contest Launch at the coast of Bach Long Commune, Giao Thuy District, Nam Dinh Province.
Vietnam labor market growing strong 

Vietnam labor market growing strong 

(VEN) - The Vietnamese labor market is maintaining an impressive recovery momentum, with most production and business activities back to their pre-COVID-19 status. This is the conclusion of the National Research Program on Great Places to Work conducted by Viet Research in collaboration with the Vietnam Investment Review, expected to be published in November 2022.
New Zealand Education Fairs come back with valuable scholarships for Vietnamese students

New Zealand Education Fairs come back with valuable scholarships for Vietnamese students

New Zealand Education Fairs 2022, the largest annual event on New Zealand education, will officially return on October 29 in Hanoi, and on October 30 in Ho Chi Minh City (HCMC).
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Central bank to cut refinance rate in next quarter: UOB

Central bank to cut refinance rate in next quarter: UOB

The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.
Intellectuals form important force for social development: Party leader

Intellectuals form important force for social development: Party leader

The Vietnam Union of Science and Technology Associations (VUSTA) held a ceremony on March 24 in the presence of Party General Secretary Nguyen Phu Trong to mark 60 years since then President Ho Chi Minh had a meeting with intellectuals (May 18, 1963) and its 40th founding anniversary (March 26, 1983-2023).
Thai Nguyen wants to be  everyone’s  cup of tea

Thai Nguyen wants to be everyone’s cup of tea

(VEN) - The leading tea growing province of Thai Nguyen is trying to expand its export markets with safe and organic growing, brand development and protection and enhanced management.
Investment surges in Bac Ninh Province

Investment surges in Bac Ninh Province

(VEN) - In February 2023, foreign direct investment (FDI) in Bac Ninh Province continued to soar, almost doubling the number of projects and tripling the registered capital. Various business promotion plans are expected to help the small province just east of Hanoi achieve breakthrough investment attraction throughout the year.
Vietnam wins 17 prizes at International Robothon 2023

Vietnam wins 17 prizes at International Robothon 2023

The Vietnamese team won 17 prizes at the International Robothon 2023 held in Kuala Lumpur, Malaysia, on March 26.
ha no i seeks support from world heritage centre in restoration of ki nh thien palace

Hà Nội seeks support from World Heritage Centre in restoration of Kính Thiên Palace

Hà Nội has received great attention and help from the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in cultural conservation and development.
national tourism year 2023 kicks off in binh thuan

National Tourism Year 2023 kicks off in Bình Thuận

The 'Bình Thuận-Green Convergence' themed programme seeks to drive green growth and promote tourism development through collaboration with other economic sectors for sustainable progress.
oscar dream

Oscar dream

Witness the inspiring story of Vietnamese director Hà Lệ Diệm and her documentary 'Children of the Mist’. Despite facing several challenges, Diễm shot and edited the film in just four years with a borrowed camera and minimal training. Her incredible talent has earned her multiple prizes at international film festivals, and was even short-listed for the Oscars this year.
vietnam remains worlds second largest coffee exporter

Vietnam remains world’s second-largest coffee exporter

Vietnam remained the second-largest coffee exporter in the world from February 2021 to January 2022, according to the International Coffee Organisation.
ha long bay cu chi tunnels among ten adventurous tourism places in southeast asia

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

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 objects to Taiwan’s live-fire drills in Ba Binh

Vietnam objects to Taiwan’s live-fire drills in Ba Binh

Vietnam resolutely opposes to and demands Taiwan (China) to cancel live-fire drills in the waters around Ba Binh (Itu Aba) belonging to Vietnam’s Truong Sa (Spratly), vice spokesperson of the Vietnamese Ministry of Foreign Affairs Pham Thu Hang said on March 31.
E-visa stay period may be extended to 90 days

E-visa stay period may be extended to 90 days

The Ministry of Public Security has recently proposed that e-visa holders might be able to stay in Viet Nam for up to 90 days instead of the current 30 days.
New legal documents in first half of March 2023

New legal documents in first half of March 2023

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

Animal feed industry asks for import tax reduction on raw materials

The Government has received a proposal from the Vietnam Feed Association to eliminate the import tax on soybean meal, currently set at 2%.
HCM City to host international paper, coatings, rubber, and plastic expos

HCM City to host international paper, coatings, rubber, and plastic expos

Four international exhibitions, Paper Vietnam, Rubber and Tyre Vietnam, Coatings Expo Vietnam, and Plastech Vietnam, will be held in HCM City from June 14 to 16.
Bac Kan produce takes off

Bac Kan produce takes off

(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

Bac Giang develops rural industrial exports

(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

Ocean dialogue dicusses offshore renewable energy potential

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

Investment surges in Bac Ninh Province

(VEN) - In February 2023, foreign direct investment (FDI) in Bac Ninh Province continued to soar, almost doubling the number of projects and tripling the registered capital. Various business promotion plans are expected to help the small province just east of Hanoi achieve breakthrough investment attraction throughout the year.
Vietnam

Vietnam's retail market proves attractive for foreign investors

Vietnam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here.
Asian investors increasingly keen on Vietnam

Asian investors increasingly keen on Vietnam

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

India introduces pharmaceutical industry' opportunities to potential Vietnamese investors

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.
Central bank to cut refinance rate in next quarter: UOB

Central bank to cut refinance rate in next quarter: UOB

The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.
Decree 08, a magic wand for corporate bonds?

Decree 08, a magic wand for corporate bonds?

(VEN) - Economists believe the newly issued government decree on the private issuance of corporate bonds will have a positive impact on the corporate bond market.
Foreign investors expand consumer finance business in Vietnam

Foreign investors expand consumer finance business in Vietnam

Large foreign financial groups have actively penetrated the Vietnamese consumer finance market, which has significantly helped accelerate the digitalisation of the country’s financial services.
Stock market violations to face stricter sanctions

Stock market violations to face stricter sanctions

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.
COP28 President-Designate to speak at Berlin Energy Transition Dialogue Conference

COP28 President-Designate to speak at Berlin Energy Transition Dialogue Conference

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, will visit Berlin to give a keynote speech at the Berlin Energy Transition Dialogue Conference 2023 (BETD) and meet with senior leaders and ministers from across the world. During the BETD, Dr. Al Jaber will repeat his call for governments, the private sector and civil society to work together for swift and ambitious action to reduce global emissions and progress the energy transition.
Turning coffee grounds into energy

Turning coffee grounds into energy

(VEN) - Turning coffee grounds into biomass energy has helped the Nestlé Vietnam Co., Ltd save VND40-50 billion a year.
Vietnam saves 298,000 kWh during Earth Hour 2023

Vietnam saves 298,000 kWh during Earth Hour 2023

With lights turned off for one hour starting 8:30 pm on March 25 in response to the 2023 Earth Hour campaign, Vietnam saved 298,000 kWh of electricity equivalent to about 555.6 million VND (23,617 USD), according to the Vietnam Electricity (EVN)’s National Load Dispatch Center.
The value of wood scraps for business

The value of wood scraps for business

(VEN) - Reusing scraps derived from most stages of wood exploitation and processing will increase business profits by two to three percent.
Intellectuals form important force for social development: Party leader

Intellectuals form important force for social development: Party leader

The Vietnam Union of Science and Technology Associations (VUSTA) held a ceremony on March 24 in the presence of Party General Secretary Nguyen Phu Trong to mark 60 years since then President Ho Chi Minh had a meeting with intellectuals (May 18, 1963) and its 40th founding anniversary (March 26, 1983-2023).
Vietnam wins 17 prizes at International Robothon 2023

Vietnam wins 17 prizes at International Robothon 2023

The Vietnamese team won 17 prizes at the International Robothon 2023 held in Kuala Lumpur, Malaysia, on March 26.
Vietnam, US cultivate sci-tech, innovation cooperation

Vietnam, US cultivate sci-tech, innovation cooperation

Vietnamese Deputy Minister of Science and Technology Bui The Duy held a working session in Hanoi on March 23 with a business delegation of the US-ASEAN Business Council (USABC) led by the council's President and CEO Ted Osius who were on a working visit to Vietnam from March 21-23.
A321neo: Breakthrough technology saves fuel consumption up to 20%

A321neo: Breakthrough technology saves fuel consumption up to 20%

A321neo: Breakthrough technology saves fuel consumption up to 20%
Thai Nguyen wants to be  everyone’s  cup of tea

Thai Nguyen wants to be everyone’s cup of tea

(VEN) - The leading tea growing province of Thai Nguyen is trying to expand its export markets with safe and organic growing, brand development and protection and enhanced management.
Scholarship opportunity at New Zealand Education Fairs 2023

Scholarship opportunity at New Zealand Education Fairs 2023

Education New Zealand (ENZ) and Eduvina Limited Company will co-host the New Zealand Education Fairs in April 2023, with the participation of nearly 40 institutions from New Zealand.
Coastal communities to fight illegal fishing with own surveillance forces

Coastal communities to fight illegal fishing with own surveillance forces

In an effort to remove the EC’s “yellow card” this year, the agriculture ministry has asked the communities to quickly form fisheries surveillance forces in line with the Fisheries Law and the Law on Organisation of Local Administration.
Enhancing Hanoi-Singapore business connections

Enhancing Hanoi-Singapore business connections

(VEN) - Hanoi is ready to facilitate and provide necessary arrangements to attract Singaporean investors.
Viettel’s Cambodia affiliate signs strategic cooperation agreement with local group

Viettel’s Cambodia affiliate signs strategic cooperation agreement with local group

Metfone, the Cambodia-based affiliate of the military-run telecom group Viettel, and ISI Group of Cambodia signed a memorandum of understanding (MoU) on strategic cooperation in Phnom Penh on March 29.
Hundreds of high-quality goods honored

Hundreds of high-quality goods honored

(VEN) - Over 500 enterprises have been honored this year with the High-Quality Vietnamese Goods awards, reflecting their longtime popularity.
Vietnam adopts high integration standards

Vietnam adopts high integration standards

(VEN) - Given Vietnam’s increased integration into the global marketplace, domestic producers are being urged to meet standards beyond those expected of high-quality Vietnamese products.
Bac Giang promotes consumption of OCOP products associated with tourism

Bac Giang promotes consumption of OCOP products associated with tourism

The northern province of Bac Giang plans to strengthen communication activities for products of the One Commune-One Product (OCOP) programme and promote the consumption of OCOP products associated with tourism activities this year.
Hà Nội seeks support from World Heritage Centre in restoration of Kính Thiên Palace

Hà Nội seeks support from World Heritage Centre in restoration of Kính Thiên Palace

Hà Nội has received great attention and help from the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in cultural conservation and development.
Reel in the flavours of Việt Nam with braised pickled carp

Reel in the flavours of Việt Nam with braised pickled carp

A complex and harmonious melange of flavours, this nutritious dish blends the sweetness of carp, the tangy sourness of pickled vegetables, and the spicy kick of chilli peppers, all simmered together in a rich and savoury broth.
Concert dedicated to Trịnh Công Sơn to take place at Hà Nội Opera House

Concert dedicated to Trịnh Công Sơn to take place at Hà Nội Opera House

A live concert programme will take place in Hà Nội next month to commemorate 22 years since the day composer Trịnh Công Sơn passed away.
Let’s go fly a kite

Let’s go fly a kite

(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.
Vietnam welcomes back Chinese tourists

Vietnam welcomes back Chinese tourists

(VEN) - China is piloting the second phase of group tours to Vietnam, which is expected to facilitate the recovery and development of bilateral tourism cooperation in the post-pandemic period.
National Tourism Year 2023 kicks off in Bình Thuận

National Tourism Year 2023 kicks off in Bình Thuận

The 'Bình Thuận-Green Convergence' themed programme seeks to drive green growth and promote tourism development through collaboration with other economic sectors for sustainable progress.
Exploring Việt Nam ’s fourth highest mountain peak, Bạch Mộc Lương Tử

Exploring Việt Nam ’s fourth highest mountain peak, Bạch Mộc Lương Tử

The top of Bạch Mộc Lương Tử in Lào Cai Province, Việt Nam, is a popular spot for tourists to watch the sunset and take pictures of floating clouds.
Ministry proposes extending visa-free stay to 30 days, e-visa to 90 days

Ministry proposes extending visa-free stay to 30 days, e-visa to 90 days

The relaxed policies aim to attract foreign tourists to Việt Nam amid fierce competition from the countries in the region especially after nations have lifted COVID-19 restrictions.
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